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#Binance

Binance Launches the Airdrop Portal

Binance is pleased to announce the launch of its new Airdrop Portal, which provides an overview of airdrops supported by Binance and other relevant information. Users can keep themselves updated on the latest progress of ongoing airdrops via this one-stop portal.

Binance will continue to update the Airdrop Portal regularly. Please note that the page is not exhaustive.

Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

PortalBinance

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#China #AI

China said it sees broad potential in the use of AI tech and wants to integrate it into daily life.

China appears to have had a change of heart about artificial intelligence.

It now wants to integrate the tech into daily life, just days after reports emerged that it had blocked its citizens from accessing viral AI chatbot ChatGPT.

On Friday, officials from China's science and technology ministry said their government attaches "great importance" to the development of artificial intelligence, and will be promoting its integration into the economy and society.

Such technology "has wide application potential in many industries," Chen Jiachang, the director of the high-tech department at China's science and technology ministry, said at a press briefing on Friday.

ChatGPT is geo-locked and unavailable to users in China.

Chinese tech titans want to launch their own AI chatbots

"AI technology has reached a tipping point and all industries will inevitably go through transformation," Li [Baidu] said.

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Also:

Citigroup, M&G and Goldman Sachs join JPMorgan with #ChatGPT crackdown

BIGlobal Times | Banks

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Newsmaker.сlub
#China #AI China said it sees broad potential in the use of AI tech and wants to integrate it into daily life. China appears to have had a change of heart about artificial intelligence. It now wants to integrate the tech into daily life, just days after…
#META #AI

🥱🥱

Meta has trained and will release a new large language model to researchers.

The model, called LLaMA, is intended to help scientists and engineers explore applications for AI such as answering questions and summarizing documents.

Large language models underpin applications such as OpenAI's ChatGPT, Microsoft Bing AI, and Google's unreleased Bard.

Zuckerberg said that LLM technology could eventually solve math problems or conduct scientific research.

Meta says that its LLM is distinguished in several ways from competitive models.

First, it says that it will come in several sizes, from 7 billion parameters to 65 billion parameters.

OpenAI's Chat-GPT 3 has 175 billion parameters, for example.

Meta also says that it will make its models available to the research public and is taking applications from researchers.

The underlying models for Google's LaMDA and OpenAI's ChatGPT are not public.

CNBC

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#story

A short story about when a d*ckhead gets involved...

Taiwan singer Jeffery Huang machibigbrother.eth recently dumped a lot of #BAYC at a price of 58-60 ETH, driving the NFT market down.

He bought these from Mando/OSF for 76-78 ETH 3 days ago.

BendDAO had 224 voluntary repayments, a record high. The trading volume of nftperp soared yesterday; the short position of BAYC continued to increase.

Machi still owns 100+ apes.

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Also:

Machi is founder of #MITH [and several other scam projects], that was recently delisted from Binance…

WUPunk9059 | SingerMITH

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#GTC

Big things coming... 👀

GTC

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#justinsuntron #LDO

Justin Sun staked 200.100 ETH [$320M] on Lido Finance

Justin Sun staked 10.000 ETH [$16M] again just now.

And he received an income of 18.68 ETH [~$30k] within 24 hours, the APY is ~3.6%.

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Yesterday:

Justin Sun staked 150,100 $ETH ($240M) on Lido Finance.

Lookonchain • III

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#Binance

Binance Futures Will Launch USDⓈ-M #CKB Perpetual Contracts with Up to 20X Leverage

Binance

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Some news…

#Coinbase #BUSD

We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12pm ET.

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#LDO

After Justin Sun staked 200K ETH on Lido Finance, a MultiSig address withdrew 60,300 ETH ($99M) from Binance and staked into Lido Finance today.

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#GTC

Top gainer…

CoinbaseLDOGTC

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#EOS #fundamental

50 min ago…

Final Testnet: March 27th
Mainnet Beta: April 14th

T-minus 45 days

#EOS #EVM

EOS

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#elonmusk #AI #openai

Fighting ‘Woke AI,’ Musk Recruits Team to Develop OpenAI Rival

Elon Musk has approached artificial intelligence researchers in recent weeks about forming a new research lab to develop an alternative to ChatGPT, the high-profile chatbot made by the startup OpenAI.

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Before:

Elon Musk:

I. OpenAI was created as an open source (which is why I named it “Open” AI), non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft.

Not what I intended at all.

II. Not surprising, as I just learned that OpenAI had access to Twitter database for training. I put that on pause for now.

Need to understand more about governance structure & revenue plans going forward.

OpenAI was started as open-source & non-profit. Neither are still true.

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* OpenAI was founded in SF in 2015 by Sam Altman, Reid Hoffman, Jessica Livingston, Elon Musk, Ilya Sutskever, Peter Thiel and others. Musk resigned from the board in 2018 but remained a donor.

Information | Elon Musk • III

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#Binance

Binance Will List Liquity (#LQTY) in the Innovation Zone

Binance

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#cz_binance

CZ: We are different

I am reluctantly spending time on FUD again (4). Forbes wrote another FUD article with lots of accusatory questions, with negative spins, intentionally misconstruing facts. They referred to some old blockchain transactions that our clients have done.

They called out Tron, Amber group, Alameda Research, etc. They seem to not understand the basics of how an exchange works. Our users are free to withdraw their assets any time they want. Their withdrawals are turned into “received hundreds of millions of shifted collateral.”

Our users also must deposit to Binance first to be able to withdraw, which are also easily traceable on the blockchain. The article conveniently ignores the deposit transactions.

The article tries hard to categorize Binance and FTX together, including the choice of the article title.

We are different.

Binance has stood the test of time, with users safely withdrawing billions of dollars in December. I was hanging out socially with crypto friends visiting Dubai everyday that week, including @jgarzik, @brucefenton, @MatthewRoszak, @PatrickByrne

We implemented proof-of-reserves using a new zero knowledge (ZK) approach (suggested by Vitalik), protecting our users’ security and privacy.

Binance holds user funds, 1:1, always.

And my Chinese ethnicity is brought up again, as if that mattered.

I am deeply disappointed that Forbes continues to write baseless articles, losing their own credibility.

CZ

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Newsmaker.сlub
#cz_binance CZ: We are different I am reluctantly spending time on FUD again (4). Forbes wrote another FUD article with lots of accusatory questions, with negative spins, intentionally misconstruing facts. They referred to some old blockchain transactions…
#Binance #Forbes

Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX

In its latest backroom maneuver, Binance transferred $1.8 billion in stablecoin collateral to hedge funds, including Alameda and Cumberland/DRW, leaving its other investors exposed.

Of the raided customer funds, which consisted of USD stablecoin (USDC) tokens, $1.1 billion was channeled to Cumberland/DRW, a Chicago-based high frequency trading firm, whose parent was founded in 1992 and began trading crypto in 2014. Cumberland may have assisted Binance in its efforts to transform the collateral into its own Binance USD (BUSD) stablecoin.

Other crypto traders, including Amber Group, Sam Bankman-Fried’s Alameda Research and Justin Sun’s Tron, also received hundreds of millions of shifted collateral from Binance, a Forbes study of blockchain data for Binance digital wallets shows (see chart). For Binance, which was founded in 2017 by Chinese Canadian billionaire Changpeng Zhao, it is the latest in a long history of controversial practices, from its ongoing lack of physical headquarters and a corporate structure that appeared to be designed to evade regulators, to reported federal investigations for money laundering and tax evasion.

The August 17 Event

Here is how Cumberland and other key actors gained hold of the USDC tokens:

On August 17, Binance processed the transfer of $1 billion in USDC tokens to Cumberland by emptying $1.78 billion in USDC tokens from the peg wallet.

In quick succession, Binance forwarded the USDC tokens to the Binance 8 wallet, and from there sent the entire sum to the Binance 14 hot wallet. Binance then sent $1.54 billion of the USDC tokens received by Binance 14 to the Binance 15 and Binance 16 hot wallets.

Two Cumberland wallets received a combined $1.02 billion of USDC tokens broken into 16 transfers between August 17 and 24 from Binance 14, Binance 15 and Binance 16.

Binance transferred a combined $201 million to Amber Group, Alameda Research And Justin Sun during the week in question.

Forbes

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#UAE

UAE emirate to launch free zone for digital and virtual asset firms

Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have their own regulatory frameworks and tax schemes.

Ras Al Khaimah, one of the seven emirates that make up the UAE, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players.

Cointelegraph

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#COCOS

See you tomorrow 🔜

COCOS

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#GTC

For real though.

This is going to be a crazy good year.

Some more big announcements this week.

2023 is for raising the bar.

Stay tuned.

GTC

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#OM

We've got some exciting announcements for you VERY soon! 😏

Stay tuned, #Sherpas! 🔥

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Update:

LowLiq Shitcoin…

OM

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#MA #V #crypto

Visa, Mastercard pause crypto push in wake of industry meltdown - sources

Payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters.

Both Visa and Mastercard have decided to push back the launch of certain products and services related to crypto until market conditions and the regulatory environment improve, said the people, who asked not to be named as talks were confidential.

"Recent high-profile failures in the crypto sector are an important reminder that we have a long way to go before crypto becomes a part of mainstream payments and financial services," a spokesperson for Visa, the world's largest payment processor, said.

That does not change the company's crypto strategy and focus, however, the spokesperson added.

A spokesperson for Mastercard said: "Our efforts continue to focus on the underlying blockchain technology and how that can be applied to help address current pain points and build more efficient systems."

"Delays are not attributable to their core business - as that remains strong. They are related to an uncertain regulatory environment for crypto and demand/interest for crypto services declining in the near term."

Reuters

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