Welcome to this edition of The Daily LEO! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO
Startup MindsDB Raises $16.5 Million To Power The AI Race In The Workplace
Though Bill Gates recently declared the current moment in technology as important as the advent of the PC, storied Silicon Valley firm Benchmark is taking a relatively cautious view of AI's gold rush for now. A “big majority” of startups pitching to partner Chetan Puttagunta claim to be working on machine learning, but, he told Forbes, most haven’t been able to differentiate themselves from their many competitors.
Microsoft, OpenAI set to start 'AI arms race' with new partnership
Microsoft (NASDAQ:MSFT) is slated to host a surprise event at its Redmond, Washington campus on Tuesday where the software giant is widely expected to talk more about its investment into ChatGPT maker OpenAI.
This partnership, which could be worth some ...
Alphabet and Microsoft Push New AI Features
Artificial intelligence is making headlines again, with Google releasing a rival to OpenAI’s ChatGPT called "Bard" to early testers.
The company's new conversational AI service will be released to the public “in the coming weeks” after being tested by trusted testers for feedback, Alphabet CEO Sundar Pichai said in a blog post.
The technology aims to generate detailed answers when given simple prompts.
‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps
MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.
Details of the latest in-development addition to MetaMask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cointelegraph Magazine editor Andrew Fenton, Alex Jupiter, the senior product manager at MetaMask Snaps, revealed details about potential blockchain synergies.
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
The Bank for International Settlements (BIS), the association of the world’s central banks, is spearheading the development of a monitoring system for stablecoins to ensure issuers maintain adequate reserves.
Named Project Pyxtrial, the program will also investigate tech tools to help regulators form data-based policy frameworks, BIS said on Tuesday as it unveiled its work program for 2023. A stablecoin is a crypto token whose value is linked to the value of other assets such as sovereign currencies, and its ability to keep its peg is linked to strength of its balance sheet.
HashKey Capital Raises $500M for Third Crypto Fund
The first iteration of the Shanghai upgrade was deployed to a testnet on Feb. 1 — dubbed Zhejiang, and backed by 61,000 validators.
However, Barnabus Busa, a DevOps engineer at the Ethereum Foundation, commented that “the testnet was struggling to process new deposits of staked ETH due to what may be a configuration issue with the CL software clients,” according to a Galaxy report on the call.
The issue is expected to be fixed and deployed to Zhejiang on Feb. 7.
LeoFinance's Fringe Projects | Our Team's New Approach to Automating or Removing
In this clip from the LeoFinance AMA, we talk about how we are cleaning up all of the fringe projects on LeoFinance. We've started, tried and succeeded with a lot of different projects. We've also had some missteps along the way and that is where some of our focus has been going.
Cleaning up some of these fringe projects and automating or
removing things has become a narrative for our team..
Collateralized Bitcoin Loans: How My Strategy is +40% in the Current Crypto Market
Collateralized Bitcoin Loans are one of the most underutilized and underappreciated tools that we have at our disposal as long-term crypto investors.
I've talked a few times in other posts about how I like to use these loans and the benefits that they bring to the table in terms of stacking sats and still being able to pay your bills and invest in other things.
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Subscribe to The Daily Leo and start being up to date with the crypto & finance world!
This edition of The Daily Leo was published by @bitcoinflood on Leo Finance, read the original article here