An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new “ChatBTC” is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT.
The absurd AI mania is coming to an end
AI large language models raised over $25 billion in the first half of 2023. The industry is starting to look like a bubble that’s about to burst.
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
WLD price may get anchored to $2 until October, primarily due to its initial supply distribution.
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
WLD price may get anchored to $2 until October, primarily due to its initial supply distribution.
AI Tokens Record Lowest Weekly Volume Since January – A Sign Of Waning Interest?
AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related cryptocurrencies to substantial gains.
However, the interest in this set of cryptocurrencies appears to be cooling, with data research firm Kaiko revealing a significant decline in trading activity for the AI-related tokens.
Lowest Weekly Trading Volume For AI Tokens
AI-related tokens registered their lowest weekly trading volume since January 2023, according to a recent data report from Kaiko. In this report, the research platform looked at the trading volume of six of the top seven AI tokens, including FET, INJ, ROSE, AGIX, RNDR, and GRT.
This notable decrease in trading activity suggests a decline in attention from investors since the AI token frenzy peaked in January. And this appears to be reflected in the price performances of many AI-related cryptocurrencies.
The Graph (GRT), the largest AI token in the market, was one of the top gainers at the start of 2023, surging by roughly 122% to reach a yearly high of $0.2323 on February 7. However, the price of the GRT token has since plummeted, with a 51% decline from the 2023 peak.
Can ChatGPT & OpenAI Do It Again?
As mentioned earlier, the surge of interest in AI tokens was partly driven by the launch of ChatGPT. However, there has not been a similar effect on the AI and big-data crypto economy following the launch of Sam Altman’s Worldcoin project and WLD token.
On July 24, 2023, Altman, the CEO of OpenAI – the artificial intelligence company behind ChatGPT – rolled out his crypto product, releasing the World ID development kit and the WLD token.
The WLD token soared more than 85% to reach an all-time high of $3.3 on the day of launch, according to CoinGecko data. However, the cryptocurrency’s price has declined by over 31% since hitting this peak.
Although there has been enthusiasm around the launch of Worldcoin, the project – especially its technology – has also been met with some skepticism. Notably, Ethereum co-founder Vitalik Buterin voiced his concern over the project’s iris-scanning hardware and biometric data collection practices.
Meanwhile, Worldcoin looks set to face some regulatory scrutiny, with the UK’s data regulator Information Commissioner Office (ICO) already making inquiries. France’s privacy regulator CNIL has also questioned the legality of the project’s biometric data collection.
While the Worldcoin project and the WLD token seem to be gaining some traction at the moment, it remains to be seen how they will impact the AI and big-data crypto economy. As of this writing, the WLD token changes hand at $2.27, with a 6.8% price increase in the past day.
Worldcoin is making reality look like a lot like Black Mirror
OpenAI’s sister company Worldcoin wants you to buy its coin — and possibly unleash a tempest of problems across the world in the process.
Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund
Worldcoin could onboard “billions of users” into crypto, said CoinFund.
Worldcoin Token Slumps Amid Crypto Community Unease
Concerns around privacy, security and reported connections to Sam Bankman-Fried and Three Arrows Capital have raised eyebrows in the crypto community.
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.
Worldcoin Release Tokenomics, Report Geofenced for Some Countries
Sam Altman co-founded Worldcoin released its network on Monday.
Worldcoin’s Mainnet, WLD Token Goes Live
The launch of the token comes alongside protocol launch and prior release of the wallet.
Meta and Microsoft launch open-source AI model Llama 2
Llama 2 is trained on 40% more public data and can process twice as much context than that of Llama 1 according to Meta.
Data Startup Space and Time Creates Chatbot Powered by ChatGPT for Database Querying
ChatGPT will enable users to query the decentralized data warehouse using natural language prompts.
OpenAI pauses ChatGPT’s Bing feature as users were jumping paywalls
OpenAI found a bug in its Browse plugin that inadvertently allowed users to read paywalled articles in some cases.
100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns
The compromised accounts could give bad actors confidential information about companies and individuals.
Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code
The tool is meant for informational purposes only, Etherscan said.
7 alternatives to ChatGPT
ChatGPT alternatives offer unique features and functionalities, expanding the possibilities of interactive AI-driven interaction.
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
The group of scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the CTO of OpenAI and even crypto hater Peter Schiff.
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.”
Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC
The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round.