Tag Archives: coinmarketcap

Vitalik Buterin Urges Open-Source Autonomous Driving Systems

Posted on by — No Comments ↓

The post Vitalik Buterin Urges Open-Source Autonomous Driving Systems appeared com. Key Points: Vitalik Buterin calls for open-source AI systems in driving. No immediate impact on ETH market or blockchain protocols. Buterin emphasizes safety and transparency in AI integration. Vitalik Buterin, Ethereum’s co-founder, tweeted on November 2nd about the necessity for open-source, verifiable autonomous driving systems, highlighting concerns over AI ethics and human oversight. The statement emphasizes transparency and human input in AI development, though no immediate financial or market impact on Ethereum or other cryptocurrencies has been observed. Buterin Advocates Transparency and Safety in AI Driving Tech Vitalik Buterin’s call for open-source autonomous driving systems emphasizes transparency, integrating human oversight in AI, reflecting the cautious approach echoed by tech leaders like Andrej Karpathy. Buterin stated, “Echoing something Andrej Karpathy recently said, it does frustrate me how a lot of AI development is trying to be as ‘agentic’ as possible, when actually creating more paths for human input both creates a better output (now for quite a while going forward) and is better for safety.” By promoting open-source approaches, this move addresses growing concerns over fully autonomous systems and encourages the integration of human feedback loops. Buterin believes this integration can potentially lead to safer outputs. Reactions within the tech community are generally positive, as social media discussions on Twitter/X highlight support for decentralized AI frameworks. No notable shifts in financial markets or major government statements have been recorded. Ethereum Price Stability Amid Advocacy for Open AI Did you know? The call for decentralized AI is not new. Tech figures, including Elon Musk, have previously advocated for open-source AI, but often without the blockchain integration prominently emphasized by Ethereum. Ethereum’s (ETH) current price stands at $3,863. 48 with a market cap of $466. 31 billion, maintaining a 12. 62% market dominance. According to CoinMarketCap, ETH saw a -0. 19% price dip in the last 24. Continue reading Vitalik Buterin Urges Open-Source Autonomous Driving Systems→

Major Cryptocurrency Exchange Responds to Claims of “Financial Difficulties”

Posted on by — No Comments ↓

The post Major Cryptocurrency Exchange Responds to Claims of “Financial Difficulties” appeared com. The exchange management issued a statement regarding the financial difficulties allegations that have been spreading on social media regarding the MEXC exchange in recent days. The discussions began when a user’s stablecoin withdrawal request worth approximately $3 million was initially rejected, but the transaction was later approved following reactions. In a statement, MEXC defended the allegations as unfounded: “Recently, unsubstantiated rumors have been circulating online regarding MEXC’s financial situation. We would like to clearly state that these claims are false and misleading. MEXC has a strong financial structure. All user assets are fully collateralized, and our Proof of Reserves (PoR) data shows that major assets are backed by over 100% collateral.” The statement also noted that a transparent proof-of-reserve system with a Merkle Tree structure is used, allowing users to independently verify their holdings. MEXC stated that the current PoR data will be updated overnight for user verification. The exchange argued that financial reserve data is available not only on its own website but also from multiple sources such as CoinMarketCap, CoinGecko, and DefiLlama. It also noted that the address of the $100 million Guardian Fund, previously established to protect user assets, has been publicly shared. At the end of its statement, MEXC included the following statements: All platform operations are continuing as normal. We ask our community to refrain from sharing or engaging with unverified information. We thank all our users who have followed our official announcements. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:. Continue reading Major Cryptocurrency Exchange Responds to Claims of “Financial Difficulties”→