Tether’s Development Team Nears Completion of Advanced Mining Libraries

In a recent tweet on August 5, 2023, Paolo Ardoino, the Chief Technology Officer (CTO) of Tether and Bitfinex, revealed that Tether’s development team is on the verge of completing a set of “well polished” JavaScript libraries. These libraries are designed to command and interact with various types of cryptocurrency miners, including WhatsMiners, AntMiners, and Avalon Miners.

Ardoino described the libraries as “really high-quality stuff,” emphasizing their super modularity and high level of polish. He also shared that he is personally involved in coding the core architecture of Tether’s Moria mining farm orchestration tool, which is based on the technology from Holepunch.to, a company where Ardoino also serves as a co-founder and Chief Strategy Officer (CSO).

Without the need of servers, peer-to-peer (P2P) programmes may be made using the Holepunch.to platform. It offers a number of compact JavaScript modules that may be coupled to build different P2P applications, ranging from VPNs to communication tools. Additionally, without the requirement for operations management, the platform provides tools for distributing programmes to any user on any platform. Users just need to download the portions of the software that have changed since the last update, making updates quick and efficient. Additionally, as the user base expands, peers who download the applications also re-host them for new peers, boosting the app’s network.

The CTO further hinted at the potential expansion of the tool to cover energy production monitoring, reflecting the growing importance of energy efficiency in cryptocurrency mining operations. This move could potentially provide miners with valuable insights into their energy consumption patterns, enabling them to optimize their operations for better sustainability.

In a forward-looking statement, Ardoino suggested that parts of the new technology might eventually be open-sourced. If realized, this could contribute to the broader cryptocurrency community by providing developers and miners with access to advanced tools and libraries.

As of now, the exact timeline for the completion and release of these libraries is not specified. However, given the advanced stage of development mentioned in Ardoino’s tweet, the crypto community can expect further updates in the near future.    

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ChatGPT Unveils Updates: Multi-File Analysis, Custom Instructions, and GPT-4 Default Model

OpenAI has announced a series of updates to its ChatGPT model, aimed at improving user experience and expanding the model’s capabilities. These updates seem to align with the features offered by its emerging competitor, Claude.

The updates, detailed in the release notes published on August 3, 2023, include new features such as prompt examples, suggested replies, and the ability to analyze data across multiple files. The latter feature, in particular, appears to be a response to Claude’s proficiency in handling multiple files.

The prompt examples feature aims to make initiating a conversation with ChatGPT less daunting for users. At the start of a new chat, users will now see examples to help them get started. The suggested replies feature, on the other hand, offers users relevant ways to continue their conversation with the model.

In a significant update, ChatGPT will now default to the GPT-4 model for Plus users, remembering the previously selected model and eliminating the need to default back to GPT-3.5. Plus users will also be able to ask ChatGPT to analyze data and generate insights across multiple files, a feature available with the Code Interpreter beta. This multi-file analysis feature is noteworthy as it mirrors Claude’s well-regarded functionality in this area.

The release notes also mentioned the introduction of the ChatGPT app for Android, which became available for download in the United States, India, Bangladesh, and Brazil on July 25, 2023. OpenAI plans to expand the rollout to additional countries in the following weeks.

On July 20, 2023, OpenAI began rolling out custom instructions in beta, a feature that gives users more control over ChatGPT’s responses. Once set, these preferences will guide future conversations. The feature is currently available to all Plus users and will be expanded to all users in the coming weeks.

OpenAI also announced that it was doubling the number of messages ChatGPT Plus customers can send with GPT-4. As of July 19, 2023, the new message limit will be 50 every three hours.

The release notes also highlighted the introduction of the Code Interpreter, a feature that allows ChatGPT to run code and analyze data, create charts, edit files, perform math, and more. This feature was rolled out to all ChatGPT Plus users on July 6, 2023. The updates reflect OpenAI’s commitment to continually improving the ChatGPT experience and expanding the model’s capabilities. 

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OKX Ventures Fuels Moonbox’s AI and Web3 Ambitions with $1M Investment

Moonbox, a Hong Kong-based firm specialising in artificial intelligence (AI) and Web3 technology, has received a $1 million investment from OKX Ventures, the investment arm of the revolutionary Web3 company and global crypto exchange OKX. The news was released on August 4, 2023.

By the end of 2023, Moonbox—which is creating an interactive protocol with AI to animate different digital assets, including non-fungible tokens (NFTs)—plans to release a number of AI-powered NFTs and apps with design cues from the entertainment sector. Stephen Chow, a well-known Hong Kong actor, starred in many films, including “Journey to the West: Conquering the Demons,” “Journey to the West: The Demons Strike Back,” and “The Mermaid.” The startup has acquired the intellectual property (IP) rights to exploit these films.

Moonbox will utilise the money to drive product expansion and further improve its core technology. OKX Ventures is renowned for its worldwide investigation of high-quality blockchain companies and support for cutting-edge blockchain technology innovation. This technology focuses on developing Web3 and NFT apps that are supported by the newest generative AI technologies.

Jeff Ren, Partner at OKX Ventures, expressed enthusiasm for the potential of Web3 and blockchain technology to revolutionize the creator economy. He stated, “Combining this with AI technology brings promising possibilities for the Web3 ecosystem, and OKX Ventures is proud to play a role in that journey through supporting the work of Moonbox.”

Moonbox Senior Advisor Ignious Yong welcomed OKX Ventures as a leading investor in their first funding round and expressed confidence in the integration of AI and Web3 to make NFTs more engaging and valuable. He said, “We are confident that the integration of AI and Web3 will make NFTs more fun and valuable, creating a larger variety of use cases in the film and entertainment industries, and attracting users from all walks of life.”

OKX Ventures has a track record of investing in over 300 projects across blockchain infrastructure, Web3, NFT, and other areas, with the goal of promoting the sustainable development of the global blockchain industry. The investment in Moonbox aligns with OKX’s efforts to promote the integration of AI and Web3.

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Bitget Partners with Comedian Adam Devine for SetForChange Campaign to Promote Crypto Awareness

Bitget, a leading crypto derivatives and copy trading platform, has announced a one-year partnership with American actor and comedian Adam Devine. The collaboration is part of Bitget’s #SetForChange campaign, which aims to boost awareness of Web3 and cryptocurrency.

The campaign comes on the heels of Bitget’s recent rebranding initiative and emphasizes the company’s commitment to crypto education and wider adoption. By employing a lighthearted and engaging approach, Bitget hopes to make the world of crypto more accessible to the general public.

Embracing the Future of Money

The SetForChange campaign focuses on the new way of life that embraces the future of money, modern financial tools, and the possibilities of Web3. It aligns with Bitget’s rebranding, which emphasizes trading smarter with innovative AI features and copy trading.

“In a world where change is the only constant, we all strive to adapt and remain flexible in the ever-evolving modern society, and those who embrace new trends often seize new opportunities,” the campaign’s message reads.

Targeting Younger Generations

Bitget’s collaboration with Adam Devine, known for his approachable image, aims to capture the attention of millennials and Gen Z. According to recent research conducted by Bitget, millennials account for 46% of crypto enthusiasts and are more digitally savvy than older generations.

“With the campaign, Bitget aims to empower individuals and encourage more people to adopt the #SetForChange mindset, fearlessly embracing innovations and leveraging cutting-edge technologies for better development,” commented Gracy Chen, the Managing Director of Bitget.

Ongoing Commitment to Youth

The partnership with Devine is not Bitget’s first initiative targeting younger generations. In May 2023, the company launched the Blockchain4Youth CSR program, committing $10 million over the next five years to empower young people through educational activities such as campus lectures, hackathons, online courses, certifications, and scholarships.

Bitget’s Rebranding and Celebrity Partnerships

Two weeks ago, Bitget announced its rebranding campaign, introducing a refreshed logo and a new brand tagline “Trade smarter.” The exchange has also partnered with celebrities like Lionel Messi to elevate awareness about crypto.

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