Rebecca Moen August 8, 2024 18:35 OpenAI’s GPT-4o report highlights extensive safety assessments, red teaming, and risk mitigation measures prior to release. OpenAI has released an in-depth report on the safety measures and assessments it undertook before releasing its latest model, GPT-4o. Known as the GPT-4o System Card, the report outlines the extensive efforts that went into ensuring the model’s robustness and safety, including external red teaming and frontier risk assessments. Comprehensive Safety Assessment According to OpenAI, the GPT-4o system card provides detailed insights into the safety protocols and risk assessments conducted as part…
Author: Crypto Flexs
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Ethereum’s native token, Ether (ETH), plunged to its lowest level in three years against Bitcoin (BTC) on August 5 amid global market turmoil. The sharp drop brought ETH/BTC’s year-to-date performance down 25%.ETH/BTC daily price chart. Source: TradingViewEther continues to underperform Bitcoin despite the launch of a long-awaited spot exchange-traded fund (ETF) in the US, which many analysts predict could be a catalyst for institutional capital to enter the Ethereum market. Solana is beating EtherEthereum’s underperformance against Bitcoin comes in the context of its waning dominance over its biggest rival, Solana (SOL).In particular, the SOL/ETH pair rose by 10.75% over the…
A widely known cryptocurrency analyst says that smart contract platform Solana (SOL) is likely to outperform Bitcoin (BTC) in the short term. In a new strategy session, anonymous cryptocurrency trader Credible Crypto told his 408,400 followers on social media platform X that Solana “looks pretty strong” compared to Bitcoin. According to the trader, Solana will make a new local high if it breaks above the “resistance cluster” located below the 0.0031 BTC price. Source: Credible Crypto/X As of this writing, Solana is trading at 0.0026791 BTC ($153). However, Credible warned that Solana/Bitcoin could fall by as much as 95% from…
Policy • August 8, 2024 1:51 PM EDT Posted 1 minute earlier In ~ Happy Thursday! In today’s Daily, we look at Ripple’s $125 million fine, JPMorgan’s Bitcoin rally is largely supported by institutional investors, Franklin Templeton’s tokenized fund appears on Arbitrum, and more. Meanwhile, a U.S. court judge has approved a $12.7 billion settlement between FTX and the CFTC, ending a 20-month-long lawsuit. Let’s begin.Ripple fined $125 million In 2020, the SEC accused Ripple of raising $1.3 billion by selling XRP, an unregistered security. “The SEC’s motion for relief and entry of final judgment are granted in part…
Wang Long Chai 8 Aug 2024 17:22 SingularityNET (AGIX) announced significant progress on its decentralized AI platform, highlighting updates to its developer portal and publisher portal. SingularityNET (AGIX) has been releasing development updates every two weeks, showing significant progress on its decentralized AI platform. Covering weeks 30 and 31, the updates highlight progress across a number of key components, according to SingularityNET.Developer Portal v2The Developer Portal has undergone significant improvements, including migrating existing documentation to a new HTML generator for better compatibility. Articles have been restructured to a new structure, with improved navigation and…
Jack Anderson 8 Aug 2024 17:57 dYdX Chain will integrate Skip Protocol’s Market Map this month to strengthen market parameters and ensure security. Governance voting required. According to dYdX, the dYdX chain will receive a significant upgrade later this month by integrating Skip Protocol’s Market Map. This enhancement aims to expand market parameters and ensure the safety of the current market, paving the way for a broader launch in the fall. A brief history of dYdX and Skip Connect In a recent upgrade, the dYdX Chain software has been integrated with Skip Connect, formerly…
Ethena Labs, the team behind the USDe stablecoin, made news today after integrating with Solana’s blockchain on August 7. This strategic move will allow USDe to leverage Solana’s high-speed, low-cost infrastructure to significantly enhance the stablecoin’s capabilities. But that’s not all. Solana’s native token, SOL, is now set to be used as the backing asset for USDe following the approval of a governance proposal. Source: X According to DeFi projects, “Including SOL as a supporting asset is expected to free up an additional $2-3 billion in outstanding commitments.” Increasing scalability is critical to the stablecoin market as it provides more…
Cryptocurrency markets experienced a sharp decline on Wednesday afternoon as U.S. stocks reversed their early gains, leading to increased volatility in the crypto market. Bitcoin (BTC), which had shown promise earlier in the day, plunged in price as broader economic concerns weighed on both digital and traditional financial markets. This article explores the factors driving the recent volatility and the implications for the crypto landscape. Bitcoin and Ethereum Lead the Downtrend Bitcoin, the leading cryptocurrency, rose for the first time on Wednesday, reaching a high of $57,600. However, by mid-afternoon, Bitcoin fell to $54,800, down 4% in 24 hours and…
It’s fair to say that the initial hype bubble around AI has burst, and people are starting to ask: What has AI done for me lately? Too often, the answer is not much. A study in the Journal of Hospitality Marketing & Management found that products described as using AI are consistently less popular. The effect is even more pronounced with high-risk purchases like expensive electronics or medical devices, suggesting consumers have serious reservations about the reliability of current AI tech. “When AI is mentioned, it tends to lower emotional trust, which in turn decreases purchase intentions,” said lead author…
Convicted mango market extortionist Abraham “Avi” Eisenberg has asked the court to dismiss fraud and merchandising charges and retry him.77 pages work out In a lawsuit filed earlier this week, Eisenberg’s attorneys argue that the Southern District of New York is not the proper venue and that the government has failed to prove that Eisenberg intended to manipulate the price of perpetual futures contracts on decentralized cryptocurrency exchange Mango Markets.“The evidence was clear that Mr. Eisenberg acted alone in or around Puerto Rico during all relevant time periods—a somewhat limited time period since all relevant trading and withdrawal activity occurred…