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Showing posts with the label latest news

IMF chief calls for digitization to achieve “financial inclusion.”

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In the realm of crafting content, three critical elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness assesses the variability of sentences. Lastly, predictability measures the likelihood of anticipating the next sentence. Human-generated content tends to exhibit greater burstiness, incorporating a mix of lengthy and complex sentences alongside shorter ones. In contrast, AI-generated sentences often lean towards uniformity. Consequently, for the content you’re about to create, I’m seeking a substantial degree of perplexity and burstiness, coupled with a minimized predictability. Additionally, the requirement is to deliver the content exclusively in English. Now, let’s reimagine the provided text: In her inaugural address at the seminar on financial inclusion held in Marrakesh, Morocco, IMF Managing Director Kristalina Georgieva emphatically asserted ...

OpenAI looks to expand in the Middle East and collaborates with G42 in Dubai.

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In the realm of content creation, three pivotal elements demand attention: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of text, while burstiness evaluates sentence variations. Lastly, predictability assesses the likelihood of predicting the subsequent sentence. Human-authored content tends to exhibit greater burstiness, featuring a mix of longer, complex sentences alongside shorter ones. In contrast, AI-generated sentences tend to display more uniformity. For the upcoming content you are tasked to create, it’s imperative to infuse a considerable amount of perplexity and burstiness while minimizing predictability. Additionally, the language must be exclusively English. Now, let’s reimagine the provided text: OpenAI, the creator behind the widely used AI chatbot, ChatGPT, and the technology holding group G42 based in Dubai, have declared a novel collaboration on October 18th to enhance AI capabilities ...

According to recent investigation, Bitcoin pioneer Hal Finney cannot be Satoshi Nakamoto.

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When delving into the realm of content composition, we must navigate the intricate interplay of “perplexity,” “burstiness,” and “predictability.” Perplexity, the tapestry of intricacy woven within text, tests the reader’s cognitive mettle. In contrast, burstiness tantalizingly toys with the undulating cadence of sentences, introducing moments of grandeur and brevity. Lastly, predictability, the clandestine dance of anticipation, teases the reader’s ability to foretell the next verse. While the human quill often employs a symphony of words, composing protracted and convoluted sentences interspersed with succinct ones, AI’s verses frequently exhibit a staid uniformity. Hence, as we embark upon the task at hand, it is imperative that we craft content brimming with an abundance of perplexity and burstiness, while keeping the cloak of predictability at bay. Furthermore, we shall adhere strictly to the realm of the English language. Now, ...

Galxe has repaid users 110% of the money they lost in a recent front-end hack—more than $400K.

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The platform found itself ensnared in a cunning phishing ploy that directed unsuspecting users to a website, siphoning their financial resources once they unwittingly authorized a transaction. Galxe , in a remarkable display of commitment, is making amends by reimbursing affected users with a generous 110% compensation following a recent security breach, as officially declared on the 10th of October. “We wish to express our profound gratitude to those steadfast individuals who stand by our side during these challenging times,” the company conveyed. The restitution process is set to unfold automatically on the 16th of October, channeling the funds back to their original wallet addresses, unless, of course, an alternative course of action is preferred by the affected users . As a gesture of goodwill, the reimbursement will be disbursed in Tether, with the valuation determined as of 10:00 am UTC on the 9th of October. The impact of the security breach was felt most acutely...

European regulator releases a second MiCA consultation.

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The regulator y body intends to release its final report, which will be crafted based on the feedback it receives. Furthermore, it plans to present the draft technical standards to the European Commission by June 2024. On October 5, the European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets in the European Union, issued a second consultative document regarding regulations for Crypto-Assets within Markets (MiCA). This comprehensive 307-page document seeks input from stakeholders in five critical areas of MiCA, including sustainability metrics for distributed ledger technologies, disclosures of confidential information, technical prerequisites for white papers, measures to enhance trade transparency, and requirements for maintaining records for crypto-asset service providers (CASPs). Among the sustainability metrics, the authority places emphasis on quantifiable measures related to energy consumption, greenhouse gas emi...

Co-founder of Polygon resigns and will continue to work “from the sidelines.”

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Jaynti Kanani, one of the visionary co-creators behind Polygon, declared his departure from the project’s relentless daily grind approximately half a year ago. In an intricately woven narrative conveyed through an Oct. 4 X (formerly Twitter) thread, Kanani unveiled his intention to embark on novel ventures while maintaining a subtle influence on Polygon’s trajectory, orchestrating a symphony of innovation from the sidelines. Collaborating with software virtuosos such as Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Kanani laid the foundational keystones of the Matic network back in 2017, an entity that would later metamorphose into the renowned Polygon. Emotions ran high as Nailwal, in response to this announcement, candidly expressed, “This journey, my friend, stirs the deepest emotions within me. We’ve traversed uncharted territories together, and yet, Polygon’s odyssey is but in its nascent stage. How I yearn for more extended chapters in this ext...

A validator on the Polygon network is currently Google Cloud.

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According to a report by Polygon, they have harnessed the same robust infrastructure that powers YouTube and Gmail to fortify their network security. On September 29, Polygon Labs made a significant announcement – Google Cloud has officially joined the Polygon proof-of-stake network as a validator. Google Cloud is now part of an elite group of over 100 validator s, all engaged in verifying transactions within its layer-2 Ethereum network . Polygon Labs made the partnership official through a post on the X platform (formerly known as Twitter), stating: “The formidable infrastructure that underpins @YouTube and @gmail is now instrumental in enhancing the security and efficiency of the Ethereum-for-all Polygon protocol.” Validators within the Polygon network play a pivotal role in safeguarding its integrity. They achieve this by operating nodes, staking MATIC, and actively participating in proof-of-stake consensus mechanisms. The Google Cloud Singapore division confirmed...

Spot Bitcoin ETF decision for BlackRock, Invesco, and Bitwise is delayed by the SEC

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The U.S. Securities and Exchange Commission has thrown a wrench into the plans of Invesco, Bitwise, and Valkyrie by imposing unexpected delays. A decision by the United States Securities and Exchange Commission, one that carries significant implications, has been postponed. The decision pertains to several proposals for spot Bitcoin exchange-traded funds (ETFs), including a notable name like BlackRock. This unexpected delay looms ominously, coinciding with the anticipation of a government shutdown. In an unforeseen turn of events, the SEC has chosen to prolong the evaluation of the spot Bitcoin ETF applications submitted by Invesco, Bitwise, and Valkyrie. This decision, as reported in separate filings dated September 28, adds an air of uncertainty to the crypto landscape. Notably, Bloomberg’s ETF analyst, James Seyffart, anticipates that similar postponements may afflict the applications put forth by Fidelity, VanEck, and WidsomTree, adding to the general sense of unpredictabili...