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OpenAI Plans to Launch App Store For AI Solutions

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Artificial Intelligence company and creator of AI Chatbot ChatGPT, OpenAI, is reportedly working to launch an App store for AI Solutions.

This was disclosed by OpenAI CEO Sam Altman at a London Developers’ meeting last month.

According to reports, the AI app store, which is still in the early stages of development, would allow developers to sell their AI Models built on top of OpenAI’s technology.

OpenAI app store would ensure that AI Models are used responsibly as the company has a strong commitment towards the right use of AI models and would not hesitate to enforce restrictions on developers that go contrary to the guiding laws. This would also ensure that society is not exposed to the risk of any harmful AI model.

Currently, there is no centralized marketplace for AI software, which has somehow posed a challenge for AI developers to find an ideal place to sell their models. The rollout of OpenAI app store would no doubt mitigate this challenge by providing a one-stop shop for both AI developers and users.

The launch of the OpenAI app store for AI solutions will create a unique ecosystem that brings together AI experts, providers, and users to exploit the potential of artificial intelligence.

It could also provide several advantages to developers and users in several ways, which include;

  • Provide an intelligent partnering process between AI solution providers and users.
  • Provide a protected data space for development and test data to improve AI applications on an ongoing basis.
  • The AI marketplace will become the central place for exchanging AI applications for product development that can be used directly.

Notably, the app store could compete with app stores run by some of the company’s customers and technology partners, including Salesforce and Microsoft, and help OpenAI’s technology reach a broader customer base.

Some experts suggest that the eventual launch of OpenAI app store could raise competition concerns with Apple’s App Store and Google’s Play Store if the new platform follows a similar revenue model. Meanwhile, an AI marketplace is suggested to be different from conventional platforms like the app store or play store.

On the other hand, since the release of OpenAI Chatbot ChatGPT, last year November, hundreds of businesses have adopted the technology to automate tasks and increase efficiency. Companies are also racing to offer their customers new tools and capabilities based on the AI software’s advanced large language models (LLMs).

OpenAI CEO Altman has on several occasions stated that AI tools including ChatGPT desperately need regulation. Altman who is currently on an AI regulation tour to 17 cities across the globe, has been sharing feedback, feature requests, and other thoughts on AI, as well as calling for regulation of the technology.

The tech entrepreneur has been a vocal advocate for responsible AI development, emphasizing the importance of mitigating risks and addressing AI bias. He believes that AI has the potential to solve significant global challenges but acknowledges the necessity of proactive measures to ensure its ethical and responsible use.  His tour serves as an opportunity to engage stakeholders worldwide in discussions on responsible AI practices.

Apart from meeting with ChatGPT users and developers to receive feedback and insights on the technology, Altman also indicated that there are plans to engage with policymakers. He suggested a willingness to engage with the authorities to roll out the tech safely and forestall potential abuse and harm.

Binance Alleges SEC made Misleading Statements on Exchange Assets

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Binance, the world’s largest crypto asset trading platform, has filed a motion against the U.S. Securities and Exchange Commission (SEC) for allegedly making misleading statements in a press release regarding a securities lawsuit against Binance and its founder, Changpeng Zhao (CZ).

The motion, filed on June 21 in the U.S. District Court for the District of Columbia, claims that the SEC’s press release on June 17 contained statements that were “unsupported by evidence” and “inconsistent with the rules of professional conduct”. The motion also requests that the SEC comply with these rules and refrain from making further public statements that may affect the court proceedings.

The SEC’s press release announced that it had filed 13 charges against Binance, Binance.US, CZ, and other entities affiliated with Binance for various securities law violations, including operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and offering and selling unregistered securities, such as Binance’s own tokens (BNB and BUSD), crypto-lending products, and staking services.

The press release also accused CZ and Binance of secretly allowing high-value U.S. customers to trade on Binance.com, which is not registered with the SEC, and of secretly controlling Binance.US’s operations behind the scenes. The press release further alleged that CZ and Binance could “commingle customer assets or divert customer assets as they please”, including to an entity owned by CZ called Sigma Chain.

Binance’s motion disputes these allegations and cites a transcript of a June 13 hearing in which an SEC counsel admitted that there was no evidence of Binance.US customer assets being sent offshore or commingled with other assets. The motion also argues that the SEC’s press release was designed to “introduce unwarranted confusion into the marketplace” and to “taint the jury pool” with misleading descriptions of the evidence.

Binance’s motion is part of its ongoing defense against the SEC’s lawsuit, which was filed on June 5. The lawsuit is one of several regulatory actions that Binance has faced in recent months, as authorities around the world have increased their scrutiny of the crypto industry. Binance has maintained that it complies with all applicable laws and regulations and that it cooperates with regulators.

Interestingly, Binance has announced the launch of a regulated exchange in Kazakhstan. The new platform, called Binance Kazakhstan, will allow users to buy and sell cryptocurrencies with Kazakhstani tenge (KZT) and other fiat currencies. Binance Kazakhstan is a joint venture between Binance and Digital Financial Assets (DFA), a local company that provides blockchain and fintech solutions. The exchange will operate under the supervision of the Astana International Financial Centre (AIFC), a special economic zone that offers a favorable regulatory environment for crypto businesses.

According to Binance, the launch of Binance Kazakhstan is part of its global expansion strategy and its commitment to support the development of the crypto industry in emerging markets. Binance Kazakhstan will offer users access to Binance’s global liquidity pool, as well as local payment methods and customer support.

Binance CEO Changpeng Zhao said: “We are excited to bring Binance’s world-class technology and services to the people of Kazakhstan. We believe that Binance Kazakhstan will contribute to the growth and innovation of the local crypto ecosystem and foster financial inclusion for more people.”

DFA CEO Madi Saken said: “We are proud to partner with Binance to launch Binance Kazakhstan, the first regulated crypto exchange in the country. We share Binance’s vision of democratizing access to digital assets and providing a safe and reliable platform for our customers.” Binance Kazakhstan is expected to launch in the third quarter of 2023, subject to regulatory approval.

INEC Chairman Subpoenaed; What is A Subpoena?

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In the ongoing election petition, the Court of Appeal election petition tribunal subpoenaed the chairman of the Independent National Electoral Commission (INEC), Mr Mahmood Yakubu as a key witness and he is yet to appear before the court. This act is not just dishonourable to the court it is also contemptuous and criminal. 

The whole news that the INEC chairman was subpoenaed by the court of appeal’s presidential election tribunal and he has regularly and vehemently refused to honour the subpoena, rather sending his subordinates to appear on his behalf is getting embarrassing.

The INEC chairman should be informed that a subpoena is not an invitation that you choose to honour if you wish or will or refuse to honour if you don’t feel like it. It is a command, or a court order and failure to appear or honour it is contempt of court and contempt of court is punishable with jail term.

A subpoena is defined as a command issued to a named person to appear before a specified court on a specified date and at a specified time. It is addressed to a specific person and the person it is addressed to cannot delegate or relegate it to another person. It is a command and not an invitation and that is why the service of Subpoena must be effected personally on the person who is been invited to the court so as to be 100% sure that the person received it except the court makes an exception or gives the order for substituted service ie for the person to be served through WhatsApp or email or by any other substituted means other than personal service. Once service is effected, attendance is mandatory, it is not voluntary, failure of which incurs the wrath of the court.

Subpoena is only issued by Superior Courts of Record i.e. the Federal High Courts, State High Courts, the National Industrial Court, the Court of Appeal and the Supreme Court. The lower courts or the inferior courts of record like the Magistrate Court cannot issue a Subpoena. They issue witness Summons in place of subpoena. 

The content of a subpoena may read; 

“To Mr John Doe. You are expected to appear before the so-so court on the so-so date by 9 am”.

It is the civic responsibility of any responsible citizen to honour a subpoena once it is issued to him so as to aid the course of justice. Once you are dodging or avoiding without any consequential reason it then cast suspicion on you that there is a skeleton hidden in your cupboard; if you do not have anything to hide then there won’t be a reason for you to hide or refuse or wait to be coerced before you appear before a court when subpoenaed. 

XRP (XRP) Price Stuck Under $0.5: Experts Recommend Exploring Sparklo (SPRK) Presale

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Despite XRP (XRP) price struggling to break the $0.5 mark and facing resistance from the 100-day EMA, experts are considering the opportunity to accumulate XRP during this period of price instability. In XRP (XRP) price stagnation, another potential investment option arises: Sparklo (SPRK), an innovative blockchain platform revolutionizing the investment landscape for precious metals such as gold, silver, and platinum. As investors assess their options, Sparklo’s presale presents an enticing opportunity to explore the potential of this unique project and its specialized fractionalized trading and investing platform.

Experts Recommend Exploring Sparklo (SPRK) Presale Amidst Growing Market Interest

Sparklo (SPRK), a project focused on long-term cryptocurrency investment, has gained significant attention in the investment community. With its specialized fractionalized trading and investing platform, Sparklo offers a unique opportunity for investors to purchase precious metals like silver, gold, and platinum.

The project stands out for its emphasis on security, with a 100-year liquidity lock and a Know Your Customer (KYC) certification from Block Audit Report, instilling trust among investors. Additionally, SPRK, the native ERC-20 cryptocurrency of Sparklo, plays a vital role within the platform as a payment medium and offers the potential to earn governance rights.

Currently, Sparklo has launched the third stage of its presale, presenting investors with an attractive opportunity to acquire SPRK tokens at $0.055 each. Experts recommend exploring the presale as it presents a potentially lucrative opportunity for investors. As market interest in Sparklo continues to grow, investors are encouraged to assess the project’s value proposition and consider participating in the presale to secure their position in this innovative investment platform.

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XRP (XRP) Price Stuck Under $0.5: Experts Assess Accumulation Potential Amidst Price Doldrums

Despite Bitcoin and Ethereum’s bullish performance, XRP’s price continues to face challenges as it struggles to break above the $0.5 mark. While Bitcoin is up 1.4% and trading at $29,060, XRP (XRP) has recorded losses of up to 2.1%. Ethereum, on the other hand, remains relatively stable at $1,730. The inability of XRP to push beyond $0.5 has been attributed to strong resistance under the 100-day Exponential Moving Average (EMA). Currently, XRP (XRP) is trading at $0.49, with the nearest support expected at $0.48. However, further declines are possible, with a potential drop to $0.4450 if market conditions worsen.

Brad Garlinghouse, the CEO of Ripple, continues to advocate for regulatory clarity in the US amid the ongoing Ripple vs. SEC lawsuit. Garlinghouse criticized the SEC for its regulatory approach and accused the agency of hindering innovation in the cryptocurrency sector. Despite the challenges, some experts believe XRP (XRP) might be nearing a potential rally. As XRP (XRP) investors eagerly await a recovery above $0.5, they closely monitor key support and resistance levels, such as $0.49 and the lower ascending trendline. The market sentiment remains cautious as traders assess the viability of accumulating XRP amidst the current price doldrums.

Find out more about the presale with the links below;

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Crypto Predictions: Monero And Ripple See Gains As Big Eyes Coin Unleashes Cute Currency; Will Ripple Ever Hit $1000?

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From the early hours of the morning to the late nights spent scrolling through crypto charts, investors are fueled by the exhilarating price predictions that keep their investment dreams alive and kicking! Who doesn’t get excited about price predictions that could turn humble investments into a yacht-buying, champagne-popping celebration? Such is the case with cryptocurrencies like Ripple (XRP), Monero (XMR), and the brand-new sensation, Big Eyes Coin (BIG). Will Ripple ever hit $1000? And what about Monero’s price gains and Big Eyes Coin’s newly-launched token? So grab your popcorn, sit back, and enjoy as we dive into the world of crypto!

Will Ripple Ever Hit $1000? XRP Recovers Slowly But Steadily

Amidst the recent ups and downs, XRP is showing signs of recovery. Although XRP experienced a 3.76% decline during the second week of June, it has risen by an impressive 40% since January. The recent Ripple crypto price jump can be partially attributed to the unsealing of Hinman documents, which stated that Ether’s offers and sales are not considered securities transactions. While XRP was not specifically mentioned, it still benefited from the positive sentiment surrounding the news.

Looking ahead, long-term predictions for the Ripple crypto price are quite interesting. By 2057, experts believe XRP could be valued at $1,000. Will Ripple ever hit $1000? While this might sound ambitious, the potential is there for the Ripple crypto price to reach $10 or even $100 if everything goes well.

Monero Emerges Stronger With Exciting Price Predictions

Another cryptocurrency that has caught the eye of investors is Monero. After enduring a tough crypto winter, the XMR price has been on the rise this year, possibly due to positive news regarding the Hinman documents as the SEC battles against the crypto world. Investors with long-term goals for XMR have made some interesting price predictions. If XMR reaches a new all-time high of $1,352.77 in 2031, it could see a minimum price of $1,269. As for the worst-case scenario, the price is expected to remain above $1,300 at $1,311.36  in 2031. 

Big Eyes Coin, The Cat-Themed Crypto Craze

Let’s talk about the newest sensation in the world of cryptocurrencies—Big Eyes Coin! This cat-themed project recently launched its BIG tokens on popular platforms like Uniswap, OKX, and Poloniex, and people have been rushing to claim their coins.

However, Big Eyes Coin has even bigger plans in store for users than just simply trading BIG tokens. The project’s team is developing its own crypto cat casino, where BIG holders can earn more BIG tokens and BIG rewards! The casino holds over 4,000 casino games and several Play-To-Earn (P2E) games. This exciting development not only increases the token’s utility but also adds an entertaining twist for those who love both crypto and casinos. Furthermore, Big Eyes Coin will be introducing the NFT Sushi Crew, an elite NFT club, where NFT holders can buy, sell, and trade NFTs and BIG tokens. The project aims to create a vibrant community of cat lovers, gamers, and collectors.

Big Eyes Coin has achieved an incredible feat as one of the most successful presales in history, amassing a staggering $27.4 million in presale funds (excluding bonuses). This remarkable achievement speaks volumes about the level of interest and trust investors have placed in this crypto project. The team behind the project has its sights set on securing more listings in the near future, which will further enhance the coin’s accessibility and potential for growth 

Buckle Up For Price Prediction Thrills

With the crypto market slowly recovering, XRP, Monero, and Big Eyes Coin are all worth keeping an eye on. XRP’s potential for long-term growth, Monero’s resilience, and Big Eyes Coin’s innovative plans make these cryptocurrencies intriguing choices for investors looking for both stability and excitement.

If you’re as excited as we are about the future of Big Eyes Coin, we encourage you to visit their website and explore their social media channels for more information. Remember, it’s always important to do your own research and make informed decisions before diving into any investment.

 

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin