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Showing posts with the label event

Cryptocurrencies copying Bitcoin not really making the cut, experts say

Pierre Rochard said that Bitcoin is the best digital money network and everything else is worse. Cointelegraph's Joseph Hall interviewed Bitcoin (BTC) advocates Pierre Rochard and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast at the Surfin’ Bitcoin 2022 Event held in France. The group talked about how France can attract more miners, where Bitcoin comes in in terms of financial planning and the difference between Bitcoin and other cryptos.  According to Pierre Rochard, who also works at the mining firm Riot Blockchain, there are two ways for France to attract large-scale Bitcoin miners. The first is to provide assurances in terms of policies on Bitcoin mining. In addition to this, the country should provide a power grid that is favorable for miners. He explained:  “We're seeing Japan is now opening up or changing policies on nuclear power, and I think that France should reinvest in its nuclear power and really they should be able to attract Bitcoin miners mor...

Crypto scammers and the need for tools to prevent theft: World Token Summit

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Matthias Mende said while it’s very unfortunate, there are a lot of bad actors using social media who are constantly trying to bring harm to others. Digital fraud is a huge problem in social media. Each day, scammers create new accounts mimicking popular content creators, and attempt to get fans and other unsuspecting victims to send them money. To solve the problem, some turned to the blockchain to try to create and implement a decentralized social identity verification system.  At the recent World Token Summit 2023, Cointelegraph spoke to Matthias Mende, the co-founder of the Dubai Blockchain Center and a speaker at the event. During his speech, Mende talked about one of the center’s projects implementing blockchain technology to create a decentralized social identity for its users. Cointelegraph reporter Ezra Reguerra with Matthias Mende (right) at the World Token Summit event in Dubai. Source: Cointelegraph  Speaking to Cointelegraph, Mende shared that identity fraud has been a c...

ChatGPT won’t replace developers - ETHDubai devs weigh in

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The latest version of ChatGPT is able to identify Ethereum smart contract vulnerabilities and exploits - but will it replace developers in the future? The newest version of ChatGPT has caused a stir online, scoring high marks for SAT tests and highlighting vulnerabilities and exploits in Ethereum smart contracts. GPT-4 is the latest version of the highly influential artificial intelligence (AI) language model, boasting ‘human-level performance on various professional and academic benchmarks,’ according to its developer OpenAI. Aside from outstanding scores on a range of various professional and academic benchmarks, GPT-4 has also demonstrated the ability to review Ethereum smart contracts, highlighting vulnerabilities and even suggesting potential ways to exploit the code. I dumped a live Ethereum contract into GPT-4. In an instant, it highlighted a number of Security vulnerabilities and pointed out surface areas where the contract could be exploited. It then verified a specific way I...

Bitcoin surges past $24,000 on CME launch of BTC event contracts

Bitcoin futures on CME have traded 550,000 contracts since inception. On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts . The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a "lower-cost way for investors to trade their views on the up or down price moves of bitcoin." Tim McCourt, global head of equity and FX products at CME Group, commented: Our new event contracts on Bitcoin futures provide a limited-risk, highly transparent way for a wide range of investors to access the bitcoin market via a fully regulated exchange. These cash-settled, daily expiring contracts will further complement our existing suite  which have traded more than 550,000 contracts to-date. On Mar. 10, Cointelegraph reported that asset manager VanEck's spot Bitcoin trust application was denied by the U.S. Securities ...