Author: Crypto Flexs

Senior UK judges have published extensive advice on the appropriate use of artificial intelligence (AI) for judges and magistrates in England and Wales. This is an important step for the UK legal system. The effort to integrate artificial intelligence technologies within the legal framework while also addressing possible risks and ethical issues represents a pioneering effort. The interjurisdictional judicial body is responsible for launching guidance to courts in England and Wales, providing guidance on how to use generative artificial intelligence systems such as OpenAI’s ChatGPT in an acceptable manner. It does not specifically restrict the use of these systems to…

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The UK is experiencing a much faster growth rate than all other major countries when it comes to cryptocurrencies. The UK has said it wants to become a major global cryptocurrency technology hub and first announced this in April 2022. So it would not be particularly surprising to see the UK outpacing the growth of other top cryptocurrency countries so far this year. UK growing fastest According to Altindex.com, first reported by the Cyprus-based Financial Mirror, the UK’s cryptocurrency sector “generated $1.9 billion in revenue this year.” This represents “a 137% year-on-year growth from $800 million in 2022.” . This…

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Bitcoin (BTC) speculators panicked and sold as BTC price corrected to $40,000, according to the latest on-chain data.Short-term holders (STH) offloaded more than $2 billion of BTC on December 12 alone, according to figures from on-chain analytics firm Glassnode.Bitcoin Short-Term Holders Break 18-Month Sales RecordBitcoin recorded its biggest one-day decline of 2023 this week, falling a total of 8.1% at one point, according to data from Cointelegraph Markets Pro and TradingView.BTC/USD 1 week chart. Source: TradingViewIn response, the more speculative subsections of the Bitcoin investor base have followed suit, reducing their exposure in what appears to be a callous attitude…

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Cardano (ADA) price is down today, down 7.75% in the last 24 hours, hitting $0.55 on December 13.ADA/USD 4-hour price chart. Source: TradingViewLet’s discuss the factors driving Cardano prices down recently.Overbought correctionFrom a technical perspective, today’s price drop in ADA is part of a correction cycle that began on October 9, when the price of ADA reached an 18-month high of $0.64. On the short-term charts, traders took profits as Cardano’s Relative Strength Index (RSI) crossed 70 and became “overbought.”An RSI reading above 70 means that the asset you are trading is overvalued and may experience a trend reversal or…

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Wikipedia co-founder Jimmy Wales took to I did. He lost his bank password. Wales’ comments did not resonate well with the Bitcoin and cryptocurrency community at large, who criticized the Wikipedia co-founder for relying on donations for day-to-day operations.Wales sarcastically said in his mocked. tea.”I forgot my bank password and lost my entire net worth. No, that didn’t actually happen. Because banks work and Bitcoin doesn’t.— Jimmy Wales (@jimmy_wales) December 10, 2023 The Bitcoin community accused the Wikipedia co-founder of attacking BTC without cause. This reminded Wales that while banks may work, they are not for everyone and many people…

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Microsoft Research has announced the release of Phi-2, a small language model (SLM) that demonstrates surprising capabilities for its size. The model, launched today, was first unveiled at Microsoft’s Ignite 2023 event, where Satya Nadella highlighted its ability to achieve state-of-the-art performance with just a fraction of the training data.Unlike GPT, Gemini, and other large language models (LLMs), SLMs are trained on limited data sets that use fewer parameters and require less computation to run. As a result, it is a model that cannot generalize as well as large-scale language models, but in the case of Phi, can be very…

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Bitcoin price struggled to initiate a new rally above the $42,300 resistance zone. BTC is declining and currently under $40,000 and in danger of further downside. Bitcoin failed to start a new rally above the $42,000 resistance zone. The price is trading below $42,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $41,250. If the price closes below the $40,000 support, the pair could extend its losses. Bitcoin price turns red Bitcoin price started a new rise above the $40,000 support zone.…

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Rainbow, a cryptocurrency wallet accessible via mobile and browser, has launched a points-based program designed to reward current users and attract new users.On December 11, Rainbow captured a snapshot of user activity on Ethereum, forming the basis for initial eligibility for the program. We have allocated a minimum of 100 points to every Ethereum user as an incentive to explore the platform. In addition, Rainbow is targeting users of the popular web3 wallet MetaMask by providing point bonuses based on transaction volume to users who have used the MetaMask swap service in the past year. Rainbow’s points program is similar…

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Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACETgtrautt, also known as TigerTrade, is a cryptocurrency scam platform that claims to provide trading and investment services but is actually scamming users.Investors are…

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El Salvador is expected to introduce its long-awaited Bitcoin “volcano bond” in early 2024. El Salvador is a pioneering country in the use of cryptocurrency. The move comes after the government’s pioneering decision to accept Bitcoin as legal cash, an important milestone in the country’s continued acceptance of digital currencies. ‘Volcano Bonds’, legally approved by El Salvador’s Digital Assets Commission, are targeted for distribution in the first quarter of 2024. On December 11, El Salvador’s National Bitcoin Office (ONBTC) certifies that the information is accurate. This bond, which was scheduled to be launched in March 2022, has been delayed and…

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