ChatGPT Predicts Stock Performance From News Headlines
A study found that ChatGPT, an AI chatbot, can analyze news headlines and provide trading signals based on the sentiment and impact of the news on stocks. The researchers from the University of Florida found that ChatGPT could analyze business news articles from late 2021 and provide trading signals based on whether the headlines were […]
UAE Welcomes Crypto Firms With New License Rules
The UAE’s federal regulator invites crypto firms to apply for licenses under its new regulatory framework for the sector. The Securities and Commodities Authority (SCA) , the federal regulator of the United Arab Emirates (UAE), announced on Monday that it will start accepting license applications from crypto firms that want to operate in the country. […]
KyberSwap Launches Improved Elastic Protocol Today at 4PM UTC
KyberSwap to launch its Elastic protocol with a new smart contract after a fronted attack that caused a $265K USDC loss from BitMart. KyberSwap, a decentralized exchange (DEX) aggregator and liquidity platform, announced that it will suspend mining and mining rewards on its Elastic protocol today at 4:00 PM UTC to deploy an upgraded smart […]
Aleph Zero launches $50M blockchain funding program
On April 18, Aleph Zero announced it is launching a $50 million funding program for its layer-1 privacy-enhancing blockchain, which seeks to assist developer teams in building on its platform and advancing blockchain adoption worldwide. Antoni Zolciak, the co-founder of Aleph Zero, stated in an interview that “the goal of the Aleph Zero Ecosystem Funding […]
Babel Finance gets Extended Time to Pay Creditors
Troubled cryptocurrency lending company Babel Finance has received more than a year to repay debts to its creditors in Singapore after suspending withdrawals in June 2022. Bloomberg reported on April 18 that a court in Singapore had extended Babel Finance’s creditor protection by three months. Babel co-founder and former CEO Flex Yang said the moratorium […]