Posts

Showing posts from September 10, 2023

Crypto Price Today: Bitcoin, Ether Join Most Cryptocurrencies in Reeling Under Losses

Bitcoin on Monday, September 11, slipped by 0.57 percent on the price chart. At the time of writing, the value of Bitcoin stood at the price point of $25,732 (roughly Rs. 21.3 lakh). Over the weekend, the most expensive cryptocurrency, did record a small drop in its value. Between last Friday and today, the value of cryptocurrency tumbled by $498 (roughly Rs. 41,305). As per Industry analysts, Bitcoin's current resistance is at $26,500 (roughly Rs. 21.9 lakh), If the price falls from the current level, then the immediate support level would be at $25,300 (roughly Rs. 21.8 lakh). “BTC temporarily surpassed the $26,000 (roughly Rs. 21.5 lakh) level on Friday, but the bulls could not sustain the climb amid bearish market sentiments. This indicates a tussle between the bulls and bears,” Edul Patel, Co-Founder and CEO, Mudrex told Gadgets 360. Ether reflected a dip of 1.24 percent to trade at the price point of $1,612 (roughly Rs. 1.33 lakh). Ether lost $35 (roughly Rs. 2,902) over t

Meta Developing New AI System as Powerful as Most Advanced OpenAI Model: Report

Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI , the Wall Street Journal reported on Sunday, citing people familiar with the matter. The Facebook parent is aiming for its new AI model to be ready next year, the Journal said, adding it will be several times more powerful than its commercial version dubbed Llama 2. Llama 2 is Meta's open source AI language model launched in July, and distributed by Microsoft's cloud Azure services to compete with OpenAI's ChatGPT and Google's Bard . The planned system, details of which could still change, would help other companies build services that produce sophisticated text, analysis and other output, the newspaper reported. Meta expects to start training the new AI system, known as a large language model, in early 2024, the report added. Meta did not immediately respond to a Reuters request for comment. Businesses and enterprises have

China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers

China's tech giant Ant Group has launched a sub-brand called Zan, that will help blockchain developers bring out solutions for Web3. While China has maintained a stringent anti-crypto stance for two years now, some tech giants there have taken gradual steps to explore the use-cases of blockchain, which also makes for the underlaying technology that supports cryptocurrencies. Zan comes with a suite of blockchain application development products and services to help Web3 developers. One of the first solution this brand brings along is a solution to help Web3 firms, managing or issuing manage real-world assets (RWAs), comply with local regulatory requirements. Its suite of products also comes along with systems and tools around electronic Know Your Customer (KYC) , Anti-Money Laundering as well as Know Your Transaction checks for developers to use for their projects. Hui Zhang, an individual whose previous work history or association details with the Ant Group are unclear, has bee