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Bloomberg: Ethereum Outpaces Bitcoin as Institutions Shift Focus to the Largest Altcoin – Cryptonews

Last updated: February 21, 2024 11:19 EST | 2 min read

According to Bloomberg, Ethereum has recorded higher growth than Bitcoin this year, thanks to speculations regarding a possible spot Ethereum ETF.

The Bloomberg report, the leading altcoin has recorded positive traction year-to-date (YTD) with speculations on the next wave of exchange-traded funds.

Ethereum soared 28% this year while Bitcoin has climbed 21%, unlike previous time frames, when BTC was leading in this metric. Last year, Bitcoin recorded a 158% growth based on renewed institutional inflow, while Ethereum trailed behind with an 80% increase.

At press time, Ethereum trades at $2,918, a 6% rise in the last seven days and an 18% growth compared to the previous month. The asset also breached the $3,000 mark on Feb 20 before a slight market correction in early trading hours.

The rise of the asset above $3,000 marks the highest point since April 2022, before the fall of the Terra Network and the subsequent implosion of FTX.

Industry events and broader macroeconomic factors caused the bear market with falling asset prices. In 2022, the values of Bitcoin and Ethereum slipped by more than 55%.

This year, several analysts have predicted a change in direction for Ethereum with speculations of a spot Ethereum ETF approval by the United States Securities and Exchange Commission (SEC).

This comes after the success of Bitcoin before and after the Bitcoin ETF approval. 2023 began with mild inflows into the leading cryptocurrency and skyrocketed in the second quarter.

Notably, as BlackRock and other big firms applied for a Bitcoin ETF license, there is a higher institutional drive surrounding the cryptocurrency. Q4 2023 saw BTC attract millions into investment products as it rose above $42,000 in December.

BTitcoins rally led to firms predicting high inflows into the asset. This year, the approval has seen $5.2 billion in net inflows and a price above $51,500.

Institutional investors have now turned their attention to an Ethereum ETF, with several firms filing applications with the SEC. Per Bloomberg:

While some crypto fans view the funds as a precedent paving the way for Ether ETFs, others are skeptical that officials will accede to them and anticipate further legal drama.

Traders see Ethereums high potential based on its staking feature, which allows investors to earn yield. The growing smart contracts ecosystem on the chain also boosts positive sentiment towards Ethereum. Stefan von Haenisch, the head of trading at OSL SG Pte Singapore, projected Ether to outperform Bitcoin in the coming months.

I expect Ether to continue to outperform Bitcoin in the coming months, at least until April-May when the potential ETF approval looms closer.

However, he noted that the SEC may not approve an Ethereum ETF because of its tough stance. Wealth management company Bernstein reported similar sentiments on institutional flows to Ethereum based on ETF applications.

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Bitcoin bulls fight to hold support at $51k as altcoins rally higher – KITCO

Altcoins took center stage in the early hours of Thursday trading as Bitcoin (BTC) continued to consolidate above $51,000. Nvidias blowout earnings report helped spark a rally for artificial intelligence-related crypto tokens, leading to double-digit gains for a host of projects as traders look to rotate into high-performing sectors in the ongoing bull market.

Altseason interludes are a common occurrence during bull markets and typically happen during periods of sideways trading for BTC, as traders who are accustomed to volatile price action seek out higher-risk tokens to provide a source of alpha.

Data provided by TradingView shows that Bitcoin spent the morning oscillating around support at $51,700 before bears attempted to drive its price lower, dropping it to $50,908 near midday. Bulls rebuffed the attack and pushed BTC back above $51,500, but they are not out of the woods yet as bears remain intent on breaking below the current support level.

BTC/USD Chart by TradingView

At the time of writing, BTC trades at $51,580, an increase of 0.55% on the 24-hour chart.

With Bitcoin back above the $51,000 mark, optimism in the crypto market is still very palpable with a notable catalyst being Nvidia's impressive earnings report, said Mikkel Morch, founder of ARK36, in a note to Kitco Crypto. The chipmaker's fourth-quarter earnings exceeded expectations, propelling a rally in especially AI-tokens.

With multiple tokens recording double-digit gains, Morch noted that The total market capitalization of AI tokens surged past $16.5 billion, outperforming traditional crypto benchmarks like the CoinDesk 20 (CD20), which witnessed a 2.7% decline.

But not all crypto traders are seeing green as the spike in volatility led to a large number of liquidations in the derivatives market, he noted.

Despite Nvidia's positive impact on the market, haphazard price movements triggered over $200 million in liquidations of crypto-tracked futures, Morch said. While some anticipate the onset of an altcoin season, others remain cautious, citing Bitcoin's continued dominance in the market. Analysts suggest that for a true altcoin season to commence, Bitcoin's dominance needs to fall below 45%, signaling a significant shift in investor sentiment towards alternative tokens.

He said that while it's impossible to predict with any certainty, Altcoin season is likely to begin in the coming few months and it could well be driven by AI-tokens as we are seeing the interconnectedness or even convergence of blockchain and AI technology and cryptocurrencies in different combinations into a force of growth to be reckoned with - not just for the crypto community - but on a wider, global scale.

According to Michael Silberberg, Head of Investor Relations at AltTab Capital, $52,500 is a key price level to watch for Bitcoin.

With a 12H candle close above 52500, the market is providing bulls with the opportunity again to take the lead for volatility expansion, Silberberg said. There's still some work to be done, though, but the longer the 12H trend range holds, and BTC floats sideways, the more likely price action is to take another leg up.

However, there is a lot of bearish pressure, such as the 3D TD9 Sell, Fear and Greed in Greed territory, a historic presence of the Feb->March transition being a retracement, overhead resistance at 52K, and a weekly + daily cycle low still looming, he warned. We are cautious this week as vol could break either way but are still generally bullish through the halving.

Market analyst Rekt Capitalsaid that in the near term, Bitcoin is likely going to be see-sawing around this key level of ~$51600 (black) for the rest of the week. The weekly candle close will be most important for confirmation.

Disclaimer:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Altcoin Season Looms as Bitcoin Braces for Shift – West Island Blog

As the crypto markets mercurial nature continues to entice and challenge investors, a new chapter appears imminent: the much-anticipated Altcoin Season. Recent shifts in Bitcoins market performance have sparked speculation that a turning point is on the horizon, where alternative cryptocurrencies, or altcoins, could eclipse the momentum of the original cryptocurrency, Bitcoin.

A cohort of crypto analysts have been closely monitoring Bitcoins price dynamics and have offered insights suggesting a potential cool-off period for the preeminent digital currency. According to Rekt Capital, Bitcoin might be preparing for its final pre-halving retracement, an event that historically precedes a significant upward trajectory. Concurrently, Sjuul points out that Bitcoins current mildly high funding rate could be a harbinger of an approaching correction.

Amidst Bitcoins potential correction, altcoins stand at the ready to seize their moment in the crypto spotlight. Ethereum, in particular, has taken strides towards what some see as its inevitable resurgence, with its value ascending to $3,000 for the first time in close to two years. Other analysts have detected further bullish signals across the broader altcoin market. The Gaussian channel, a technical indicator, has shifted to a promising green hue after a four-year muted phase, reminiscent of the periods preceding past altcoin surges. These market shifts, coupled with altcoins breaching prior resistance levels, fortify the sentiment that a full-blown season for these digital assets is drawing near.

The extraordinary prediction by Stockmonkey Lizards suggests that the collective market cap for altcoins could surge beyond the trillion-dollar mark, a staggering increase from the present valuation of nearly $900 billion. Such forecasts are underpinned by indicators of a growing inclination among investors to navigate further down the risk spectrum, as reported by the on-chain intelligence outfit, Glassnode. Their Altseason Momentum gauge reflects a burgeoning boldness among capital holders.

Despite the steadfast dominance of Bitcoin, signals of a capital reallocation into other burgeoning crypto ecosystems have emerged. Ethereum, Solana, Polkadot, and Cosmos appear to be increasingly favored destinations for investment flow a trend acknowledged by various data providers including Blockchain Center. Their Altcoin Season Index shores up the thesis that the ecosystem is ripening for an altcoin bloom, as the index climbs past the 60-percentile mark, edging closer to the critical 75% threshold indicative of a full-fledged ascendance of altcoins.

If this burgeoning wave materializes, Bitcoins grip, represented by its dominance chart from Tradingview.com, may yield, giving way to a new echelon of cryptocurrencies eager to redefine the market. The crypto landscape braces for a season of change, where diversity in digital assets may become the new norm.

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Access Early VC Crypto Gems via Common Wealth Airdrops – Altcoin Buzz

What if you can get an invitation to early-stage crypto deals, the same as a VC? Being early counts in crypto. How many times have I mentioned this already? To be honest, Ive lost track. But its true. So, on that note, we, as retail investors, dont always get access to presales or seeding rounds. Thats usually limited to VCs.

However, Common Wealth is now giving you the opportunity that often only VCs get. It opens the gates to get in early.Common Wealth offers a Free VC Fund which is worth $2.4 million. This fund gives access to 15 projects that havent launched yet.

You can get a slice of this Free Fund, and its part of an airdrop. Pretty cool, huh? Interested? Well, keep on watching. I will give you more details of this revolutionary and innovative system.

You can see Common Wealth as an early-stage investment platform. Now, that doesnt make it stand out. However, the fact that this should be accessible to everyone does. Retail can step into opportunities it usually doesnt get access to.

The team designed a revolutionary new economy. They did that by combining two factors:

What they did next was to redistribute all accrued value to their community. They want to change the outdated and centralized models that VCs use. As a result, investing in Web3 should be simple.

So, the team behind Common Wealth is well-seasoned. They came up with the idea of the Free earn-to-own VC Fund. Their backgrounds include firms like Cardano, Facebook, Google, IBM, and Intel.

Theres also a 10-person All Street Oracle. These are the investment council members. There are some well-known names in there with VC backgrounds. So, they know what theyre talking about. They are the people who bring in the projects.For example, they invested early in some well-known projects, likeCosmos, Coinbase, Chainlink, Kraken,Ripple, and Star Atlas.

Thats quite an impressive line-up. Furthermore, Common Wealth will launch on zkSync. A chain we have our eyes out on for their respective airdrop. This indicates a move from Ethereum to this L2. As a result, it offers faster and cheaper transactions. So, lets take a closer look at the Free VC Fund.

So, lets take a closer look at this Free VC Fund by Common Wealth. As I already mentioned, it gives you access to 15 promising Web3 projects. The kicker is, that these 15 havent launched their tokens yet.

Here are some of these 15 projects, for example:

Ok, thats all nice and dandy, and it looks great, but what can we win? So, there will be 1026 winners and all win slices. These slices are the airdrops for the winners of a 3-week campaign. The campaign starts on the 21st of February.

Once you qualify for a Free Fund slice, it will show up in your wallet. At your discretion, you can, for example: Split it, transfer it, or trade it. Heres the reward structure, thats what youve been waiting for. However, be aware that all mentioned figures are the estimated value of the allocations. Theyre based on the projects most recent private funding round:

There were also early supporters. Thats when you hold a Genesis NFT. Besides having minted one, theyre also available on secondary marketplaces. However, Series 1 has a floor of 1.99 ETH and Series 2 of 0.5 ETH. Nonetheless, current holders and Beta Testers will receive extra campaign points (XP).

As already mentioned, the campaign starts on the 21st of February. The campaign will last for 3 weeks. You can use this link to sign up. It ends with a verification phase. The app will go live before 8th April on zkSync Era. So, here is a lowdown of the simple steps you need to follow:

So, how do you like this setup? Do you like the novel idea and the fair chance of getting in early?

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Negotiating a Raise and a Better Life | Chris Voss – The Daily Wire

The Jordan B. Peterson PodcastFeb 22, 2024

Dr. Jordan Peterson speaks with author, teacher, and prior hostage negotiator Chris Voss. They discuss the necessity of prioritizing needs and wants, how to navigate the job market to fit your best potential, how and why to go after a raise, the primacy of invitational collaboration over compelled, and how Voss succeeded in many real-world hostage negotiations.

Chris Voss has served as the lead international kidnapping negotiator for the Federal Bureau of Investigation (FBI), the hostage negotiation representative for the National Security Councils Hostage Working Group, and the lead Crisis Negotiator for the NYC division of the FBI. Chris was a member of the New York City Joint Terrorist Task Force for 14 years, a recipient of the Attorney Generals Award for Excellence in Law Enforcement, and the FBI Agents Association Award for Distinguished and Exemplary Service. Chris has taught business negotiation courses at the University of Southern California, Georgetown University, and Harvard University. He has also guest lectured at Northwestern University and at schools abroad. Currently, Chris works with Insite Security as their Managing Director of the Kidnapping Resolution Practice.

- Links -

2024 tour details can be found here https://jordanbpeterson.com/events

Peterson Academy https://petersonacademy.com/

For Chris Voss:

On Instagram https://www.instagram.com/thefbinegotiator/?hl=en

On X https://twitter.com/fbinegotiator?lang=en

Sign up for Chris Vosss Newsletter https://www.blackswanltd.com/no-oriented-questions

Never Split the Difference: Negotiating As If Your Life Depended On It (book) https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805

Learn to negotiate with the Black Swan Group https://www.blackswanltd.com/

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I Went to a Dr. Jordan Peterson Lecture. Here is What I Learned – The Stream

Over the past eight years, Dr. Jordan B. Peterson has risen from an obscure Canadian professor of psychology to an internet-driven cultural phenomenon. If you have never heard of him, you are likely in the minority.

Petersons following, which is in the millions, is composed significantly of conservative Christians and is driven by the success of his two popular books, the Twelve Rules for Lifeseries and hundreds of YouTube videos. Through his videos, books and public lectures, Peterson preaches a kinder, gentler Ayn Rand-like You are your own master, so get to it approach to life.

But unlike Rand and many 21st-century thinkers, Peterson stresses the importance of dependence in our lives: Our dependence on one another and our dependence on understanding how we fit into the created order. As a result, and in a collaboration with The Daily Wire, Peterson released a series of talks focused on the book of Genesis called Genesis: The Psychological Significance of the Bible Stories, in which he explores how biblical stories serve as instructions to unify us and direct our action towards what is good.

Drawing on these talks, Peterson will publish his next book, We Who Wrestle with God, in November 2024. To promote the book, Peterson is on a 51 US-city lecture tour.

My wife and I had the opportunity to listen to Peterson in St. Louis, Missouri, on February 14, 2024. Here is what I learned.

Peterson has a commanding stage presence. At 61, Peterson is tall, lanky, and, as my wife put it, prowls the stage like a cat as he talks and gesticulates with his hands and fingers.

By way of subject matter, Peterson spent the evening focused on values, notably Judeo-Christian values and especially what has become of those values in the 21st century. As a trained clinical psychologist and emerging cultural anthropologist, Peterson rightly pointed out that the facts of who we are, those things that we assume about ourselves to be true, are always filtered through the values that we hold, collectively and individually.

We need to be careful, Peterson noted as the evening got underway, about the stories we tell ourselves because, factually right or wrong, we tend to believe our own narrative, such as anyone can be a woman.

Values, as Peterson continued to explain, are passed along through stories. For Western Civilization, scripture, both Old and New Testament, is the collection of stories we must know and understand to make sense of ourselves and direct our actions toward the good.

It is here, in the discussion of the good, that the casual listener or someone not well-read in the great thinkers of Western Civilization might get lost at a Peterson lecture. Although Peterson spends a considerable amount of time discussing our duty to do the good, he does not define good or bad as nouns, that is, as things. Rather, Peterson stresses that good and bad are better understood as adjectives, words that describe the outcome of an action. Thus, Peterson told a packed theater that what is good is the outcome of any action, say, trying to earn a living or seeking to be loved, that benefits social conditions and the well-being of others. For example, to provide for oneself, one could get a job and cash a paycheck: These actions organize the social order and benefit its members. This is the good. Robbing a gas station as a means to support oneself, on the other hand, disorganizes the social order and is harmful to its members. This is the bad.

This distinction between how we judge the good and the bad has its roots in great Christian thinkers like St. Augustine of Hippo and is at the heart of the Christian enjoinment to hate the sin but love the sinner. The sinner wants fulfillment of a natural desire, but in his actions, he is in the most literal sense, doing it wrong and disorganizing himself and others in the process. How to organize ourselves and the world towards the good, Peterson pointed out, is at the heart of Judeo-Christian values and something that we should all deeply internalize.

But is Peterson Christian? During the course of his lecture, he never raised the issue. In interviews and public comments, Peterson has been circumspect about the question, though it is clear that he has been flirting with the Christian faith for years. His wife Tammy, who kicked-off the evening by introducing herself and then her husband, has recently been very open about her conversion to the Catholic faith but has said nothing about her husband.

In 2022, Peterson spoke at an event with Bishop Barron and Father Mike Schmitz in which, when asked about how he relates his conception of Christ to that of Christ as God incarnate, Peterson responded that It seems right, to him that Christ embodied what he claimed to be, namely, that he was the King of Kings. This is encouraging, but it is hardly a confession of faith.

Does it matter if Peterson is Christian? To quote Peterson, Well, that depends on what direction he ultimately takes his work on Judeo-Christian stories and what he says we should draw from them. If, like Joseph Campbell, who built a career on telling us what Christian stories did and did not mean but then quipped that the Judeo-Christian belief in bodily resurrection was a clown act, really, Peterson someday asserts that Jesus was nothing more than a historical figure upon whom we collectively placed our need to believe in a hero, then, well, thats a problem. If, however, Peterson comes to a place where, like C.S. Lewis, he finds that I have just passed on from believing in God to definitely believing in Christ, that would signal a very different chapter in Petersons public story.

But throughout the evening, Peterson used stories from the book of Genesis, like that of Creation, the fall of Adam and Eve, Cain and Abel and even Noah, to walk my wife, me and the audience through an exploration of the all-important values of the relationship between us and God.

While his presentation was compelling, and this is tricky ground, I am leery of those who dabble in biblical exegesis. Speaking competently about what the Bible means requires a deep knowledge of scripture, including its complex history and its numerous linguistic manifestations, and among Christians and non-Christians alike, biblical exegesis is often done badly.

At least on the evening that my wife and I listened to him, Peterson handled the meaning of these stories well, sticking to lessons about relationships and steering clear of any discussion of divine inspiration. The over-arching theme of these stories from Genesis, Peterson asserted, is a sharp rebuke to our modern belief that any of us becomes who we are without a lifetime of dependent relationships. We are designed, Peterson rightly pointed out, to change and grow over the whole arc of our lives. To believe that we do this on our own is a sin of presumption, leading to such horrors (among others) as abortion, which supposes, falsely, that a dependent person is not a real person and, therefore, not entitled to protection from murder and mayhem.

It was not until the last thirty minutes of his ninety-minute talk that Peterson reached the central point of his lecture: The relationship between Eve, Adam, their expulsion from the Garden, and all the rest of us. Understanding this triad, and especially the sin of Eve and Adam, Peterson said, is key to understanding the principal threat to Western society in the 21st century, namely, that the fundamental sin of Eve, which is echoed down through the ages to the present, is to assume that her compassion was powerful enough that it could redeem anything or anyone. This sin of unrealized pride, Peterson concluded, let evil into Eden, the well-watered place that is within the walled center of Paradise, which might be understood as a blend of our social structures and the natural world.

Adams sin, Peterson pointed out, was to accommodate Eves folly in the hope of impressing her. These sins, which are not to be understood as gender-specific, currently run amok in our age and, in the name of compassion and accommodation, are upending our Judeo-Christian social order and all of the benefits we have inherited from it. To affirm, that is to accommodate someone in whatever identity they take on, is not compassionate. It is an open door to chaos which brings real harm to the person in question and all the rest of us.

As the evening wound down, I couldnt help but wonder, where, then, is the way back to the Garden? But as he sat and answered a few questions submitted by the audience, Peterson did not say, and his silence reminded me of the psychologists joke: How many therapists does it take to screw in a lightbulb? None, the lightbulb will screw itself in when it is ready. In other words, at least for the evening that my wife and I spent with him, Petersons answer to the all-important question of OK Doc, how do we fix this? is, Well, I suppose thats up to us.

Dr. Jeff Gardner holds an MA in history and a Ph.D. in Communication and Media Studies. For over a decade, he has worked in media, writing and taking photographs for various publications and organizations across North America, Europe, Asia, Africa and the Middle East. His work has been featured in numerous national and international publications and broadcasts. He teaches courses in media, culture and government at Regent University. You can reach him at jeffgardner.online.

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Ethereum’s Buterin voices caution on Layer 2 risks amid scalability push – crypto.news

Ethereum co-founder Vitalik Buterin has voiced concerns on X about the potential risks associated with Ethereums Layer 2 (L2) scaling solutions.

Buterins warnings come amidst a surge in interest in L2 technologies, which promise to improve Ethereums scalability and reduce transaction fees. However, he cautions that these advancements could carry significant risks of permanent financial losses due to inherent vulnerabilities.

Honestly I'm about 3x less confident in the "simplify L1 even at the expense of more complicated L2s" concept than I was five years ago. The challenge is that when you can trade off between L1 bug risk and L2 bug risk, it's not actually clear that the latter is better!

Buterin drew a stark comparison between the potential repercussions of system failures at Layer 1 (L1) and Layer 2 levels. He pointed out that while L1 failures can typically be corrected with limited long-term impact, L2 flaws pose a much graver risk, potentially leading to irreversible losses for users. This contrast, he argues, necessitates the implementation of stronger security measures in L2 solutions similar to those safeguarding L1.

To enhance the security and reliability of L2 frameworks, Buterin advocates for the integration of features that are standard in L1 solutions. This strategy is aimed at reducing the risks tied to the intricate smart contracts and the decentralized nature of L2 solutions, which are especially susceptible to bugs and vulnerabilities.

Buterin also revisited the debate on the trade-offs involved in simplifying L1 protocols at the expense of complicating L2 solutions. Marking a significant shift in his perspective, he now questions whether the advantages of simplifying L1 justify the complexities and potential risks that arise at the L2 level. In his viewpoint, a more balanced approach is necessary to reduce risks across Ethereums two-layer infrastructure.

Further, the ethereum co-founder challenged the idea that scaling efforts should be confined to the L2 level. He used a hypothetical scenario to underscore the dire consequences of a consensus failure in L1 compared to a bug in L2, emphasizing the heightened risk of permanent financial loss in the latter scenario.

The recent discussion follows, Buterins previous comments regarding the promising role of artificial intelligence (AI) in enhancing the security of the Ethereum network. He is particularly excited about AIs role in formal verification and bug detection in code. Buterin pointed out that bugs in code represent Ethereums biggest technical risk, emphasizing the transformative potential of AI in addressing this challenge.

Buterins confidence in AI complements the sectors broader resurgence, underscored by significant developments from OpenAI and remarkable achievements by Nvidia. This revitalization is further evidenced by the surging prices of AI-focused tokens, some of which have more than doubled in value over the past week, according to CoinGecko data.

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Vitalik Buterin: Optimistic on AI Code Verification – Crypto Times

The co-founder of Ethereum, Vitalik Buterin, expresses his views on how AI (artificial intelligence) could help detect and fix bugs in the Ethereum codebase. In a recent tweet, Ethereums creator, Buterin, said that Ethereums biggest technical risk is the possibility that the Ethereum smart contracts will have errors/bugs.

With the major Dencun upgrades scheduled to launch on March 13th, ensuring the reliability and security of Ethereums code is more crucial than ever. Dencun aims to improve Ethereums scalability and prepare it for even more complex applications.

Buterin believes AI-assisted formal code verification could significantly improve detection rates for bugs and other issues. He stated that progress on AI auditing solutions would be amazing.

This vote of confidence comes shortly after AI code assistant ChatGPT received criticism for often writing vulnerable smart contracts. In July 2023, a series of experiments conducted by OpenZeppelin utilizing OpenAIs GPT-4 model were able to successfully identify bugs in Ethereum test code in 20 out of 28 cases.

When GPT-4 failed to identify flaws, it could often be prompted to correct its mistakes quickly. However, at other times, OpenZeppelin found that the AI had actually invented a vulnerability that had never existed in the first place.

However, Buterin has warned developers about the risks associated with overreliance on AI, especially for critical on-chain processes. He advises particular care when using AI to power oracles, predict markets, stablecoins, and other applications handling substantial value.

It is important to be careful: if someone builds, e.g., a prediction market or a stablecoin that uses an AI oracle, and it turns out that the oracle is attackable, thats a huge amount of money that could disappear in an instant, Buterin stated.

Also Read: Ethereums Dencun Upgrade is Live On Sapolia Testnet

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Title: "Unlocking Ethereum’s Future: Vitalik Buterin on AI’s Impact" – Geeks World Wide

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Ethereum co-founder Vitalik Buterin recently shared his thoughts on the potential impact of artificial intelligence (AI) on bug-fixing processes within the cryptocurrency space.

Vitalik Buterin, the co-founder of Ethereum, has been engaging in discussions surrounding the advantages and challenges associated with AI technology. His recent focus has been on the potential transformation AI could bring to bug-fixing mechanisms.

Buterin highlighted the intersection of AI and crypto, emphasizing the role of AI in code verification and bug identification. He believes that AI has the power to revolutionize bug-fixing processes, addressing existing technical risks in platforms like Ethereum.

With the launch of Ethereums Dencun upgrade, Buterin expressed confidence in Verkle trees, aiming to enhance node operations and user experience for solo staking. The upgrade has sparked a price surge in Ethereum, generating renewed interest in the cryptocurrency.

Vitalik Buterins insights on the potential applications of AI in bug-fixing demonstrate his optimism for the future of technology within the crypto space. As Ethereum continues to evolve with upgrades like Dencun, the integration of AI could play a significant role in enhancing operational efficiency and user engagement.

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Title: "Unlocking Ethereum's Future: Vitalik Buterin on AI's Impact" - Geeks World Wide

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Physicists gather to remember the father of quantum cosmology – The UCSB Current

Hartle was one of the founders of KITP, initially called the Institute for Theoretical Physics (ITP). In the 1970s the National Science Foundation put out a call for proposals to establish a center for theoretical physics. Jim and three of his colleagues at UC Santa Barbara put together the winning proposal, and the institute opened in 1979. That whole concept was the unity of theoretical physics how its one discipline and that was the founding idea of the ITP, said Oxford professor John Cardy. Hartle served as its director from 1995 to 1997, hiring Nobel Laureate David Gross to take over his post.

The events attendees shared stories of Hartles brilliance, patience and humor. There was a certain time of day, about five minutes before noon, when Jim would knock on my door and say, Are you going to lunch? Cardy recalled. He, himself always brought his lunch in a brown bag that was labeled brown bag.

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Physicists gather to remember the father of quantum cosmology - The UCSB Current

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