CryptoNews

Coinbase CEO Brian Armstrong: 'Bitcoin May Be the Key to Extending Western Civilization'

December 6, 2023
Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation. Coinbase CEO Brian Armstrong: Crypto Might Be ‘an Antidote to Inflation.’ Brian Armstrong, CEO of Coinbase, has…
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CryptoNews

SEC Makes 'Materially False and Misleading' Representations Against Crypto Firm — Judge Threatens Sanctions

December 6, 2023
The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The court has ordered the securities regulator to show cause why it should not be subject to sanctions. Court Threatens to Sanction SEC The U.S. Securities and…
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CryptoNews

Brazil's Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services – Bitcoin News

December 6, 2023
Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this feature gradually to all users. Itau Unibanco Opens Crypto Trading Services in Brazil Itau Unibanco, one of the largest banking institutions in Brazil…
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AI & RoboticsNews

New, open-source AI vision model emerges to take on ChatGPT — but it has issues

December 6, 2023
Nous Research, a private applied research group known for publishing open-source work in the large language model (LLM) domain, has dropped a lightweight vision-language model called Nous Hermes 2 Vision. Available via Hugging Face, the open-source model builds on the company’s previous OpenHermes-2.5-Mistral-7B model. It brings vision capabilities, including the ability to prompt with images…
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