The United States Bureau of Labor Statistics recently disclosed favorable data on the nation’s employment landscape today, setting stocks and the crypto markets up for a minor rally throughout the day. The April figures revealed an addition of 185,000 jobs, accompanied by a 3.4% rise in unemployment. In light of this developing macroeconomic backdrop, what…
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This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace. United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet…
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AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the lending experience for improved credit scoring. Artificial Intelligence (AI) can be used to improve credit scoring in a number of ways. Credit scoring is the process of assessing a borrower’s creditworthiness based on their credit history, financial data and other…
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The US banking sector is in the midst of a crisis, and the government’s efforts have been insufficient, and some would even say damaging. As regional banks face financial headwinds, the cryptocurrency market is on the lookout for ripple effects. Amidst the crisis, yPredict’s presale has received much attention for its AI-powered price predictions platform…
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A leaked document from a senior software engineer sounds the alarm about Google’s artificial intelligence development. According to a critique written by a senior software engineer at Google, the company’s artificial intelligence (AI) development is threatened by the open-source community. The engineer contends that independent researchers in open-source technology are making swift and unforeseen strides in AI…
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A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses. Malware Inspired by Chatgpt…
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Bing is set to receive several much-requested AI-powered features that could put it in competition with OpenAI’s ChatGPT Plus subscription service. Microsoft recently announced a slew of new artificial intelligence (AI)-powered features for its Bing chatbot and Edge web browser. Chief among the changes, Bing users now have full access to the GPT-4 model —…
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The U.S. Federal Reserve has taken action to address the nation’s elevated inflation rates by raising rates once again, as expected. At the same time, the institution is grappling with the fallout from a series of bank collapses that have garnered significant attention. How might this dynamic macroeconomic backdrop influence the best cryptos to buy…
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According to the cease and desist order, investors are being given the impression that Elon Musk endorses “TruthGPT Coin.” The Texas State Securities Board joined several state regulators in issuing cease-and-desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies named TruthGPT Coin and Elon Musk AI…
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