Top crypto tweets of the day – May 24th

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• AI regulation critics need to back off a little

  Description Regulating the burgeoning field of Artificial Intelligence (AI) has proven to be a complex labyrinth, with critics of the regulatory fervor urging policymakers to temper their approach. The critics argue that overly stringent regulation might stifle the potential of this game-changing technology. However, the rapid development of AI and its significant implications cannot be denied, … Read more Regulating the burgeoning field of Artificial Intelligence (AI) has proven to be a complex labyrinth, with critics of the regulatory fervor urging policymakers to temper their approach. The critics argue that overly stringent regulation might stifle the potential of this game-changing technology. However, the rapid development of AI and its significant implications cannot be denied, making it clear that some form of oversight is necessary. AI: An unprecedented frontier AI’s unique ability to draw independent conclusions sets it apart from traditional computing models. With its capacity to create photo-realistic images and parse massive datasets at high speed, AI holds immense promise to transform every industry by boosting productivity. However, these same capabilities may lead to significant challenges. AI models trained on…

  Article 2023年6月25日

• Meta to launch AI model set to challenge OpenAI’s dominance

  TL;DR Breakdown Meta has already introduced its language model called LLaMa earlier this year, but the upcoming commercial version is expected to be more widely accessible. The Company’s high-level strategy, as revealed by a source familiar with the matter, is to challenge the dominance of OpenAI in the AI landscape. Author Sarah Silverman, along with two other authors, has filed a lawsuit against the Company, alleging copyright infringement in the training of its AI systems. Description According to a report by the Financial Times, Meta, formerly known as Facebook, is planning to launch a commercial version of its artificial intelligence (AI) model. The aim of this release is to expand the usage of Meta’s AI technology and allow companies to customize it to their specific needs. The company has already introduced … Read more According to a report by the Financial Times, Meta, formerly known as Facebook, is planning to launch a commercial version of its artificial intelligence (AI) model. The aim of this release is to expand the usage of Meta’s AI technology and allow companies to customize it…

  Article 2023年7月13日

• Bitdeer Technologies achieves milestone with the completion of Bhutan mining facility

  TL;DR Breakdown Bitdeer Technologies completes an advanced mining facility in Bhutan, and enters the power-on testing phase. CEO Linghui Kong confirms 11,000 operational miners and a recent influx of 15,000 units. Once activated, New mining equipment will contribute to an impressive 2.5 EH/s hash rate. Description Singaporean entrepreneur Jihan Wu’s Bitdeer Technologies has completed the construction of its cutting-edge mining facility nestled in the picturesque landscape of Bhutan. The company, at the forefront of cryptocurrency mining, has now commenced the crucial power-on testing phase, marking a significant step forward in its operational journey. As Bitdeer CEO Linghui Kong affirmed, an impressive … Read more Singaporean entrepreneur Jihan Wu’s Bitdeer Technologies has completed the construction of its cutting-edge mining facility nestled in the picturesque landscape of Bhutan. The company, at the forefront of cryptocurrency mining, has now commenced the crucial power-on testing phase, marking a significant step forward in its operational journey. As Bitdeer CEO Linghui Kong affirmed, an impressive fleet of approximately 11,000 miners has been seamlessly integrated into the facility’s infrastructure and is currently operational. This achievement comes from…

  Article 2023年8月8日

• Prime Minister Fumio Kishida commits to fostering thriving Web3 ecosystem in Japan

  TL;DR Breakdown Prime Minister Fumio Kishida announces Japan’s commitment to fostering a thriving web3 ecosystem. Japan’s aggressive regulation of the Bitcoin market gives it an edge in embracing web3 technologies. Koichi Hagiuda highlights Japan’s determination to collaborate with international partners for web3’s global impact. Description Prime Minister Fumio Kishida declared Japan’s commitment to fostering a thriving web3 ecosystem during today’s WebX web3 conference. Addressing the virtual gathering, he lauded web3’s transformative potential, emphasizing its crucial role in his administration’s “new capitalism” economic strategy. The strategy aims to fuel economic growth and innovation while addressing pressing societal issues. Kishida’s announcement signals … Read more Prime Minister Fumio Kishida declared Japan’s commitment to fostering a thriving web3 ecosystem during today’s WebX web3 conference. Addressing the virtual gathering, he lauded web3’s transformative potential, emphasizing its crucial role in his administration’s “new capitalism” economic strategy. The strategy aims to fuel economic growth and innovation while addressing pressing societal issues. Kishida’s announcement signals a major shift in Japan’s approach to technology regulation. CoinPost reports that Japan’s aggressive regulation of the Bitcoin (BTC) market paved the…

  Article 2023年7月25日

• Crypto scammers exploit celebrity images, NatWest reveals

  TL;DR Breakdown NatWest’s Celebrity Scam Super League reveals celebrities whose images have been exploited in crypto scams, with Peter Jones and Sir David Attenborough topping the list. Scam ads primarily originate on social media platforms, including Facebook and Twitter, and customers have fallen victim to fake investment articles and advertisements. NatWest warns consumers to be cautious of fake celebrity investment adverts online and calls for a collaborative effort with social media companies to eliminate these fraudulent practices. NatWest, a prominent British bank, has released its annual Celebrity Scam Super League table, revealing the celebrities whose images are unknowingly used by fraudsters to steal millions of pounds from unsuspecting individuals. Peter Jones, known for his role in Dragon’s Den, is topping the list, closely followed by renowned naturalist Sir David Attenborough. Surprisingly, Holly Willoughby and Philip Schofield, who jointly topped the table last year, have dropped out of the top rankings for the first time. Social media: The breeding ground for scam ads The majority of scam advertisements targeting consumers originate from social media platforms. Facebook and Twitter, among others, have…

  Article 2023年6月4日