Altcoin News by Thebittimes.Com

Artificial intelligence (AI) chatbots have become popular tools for everyday use in various tasks, from hobbyists to professionals. For this report, Finbold once again exclusively talked to the creator of a pay-per-use AI platform that accepts cryptocurrency payments . In particular, we explored PayPerQ , or PPQ.AI , created by Matt Ahlborg, who answered a few questions about his endeavor. Essentially, the tool takes Bitcoin (BTC) payments through the Lightning Network to access paid APIs of ChatGPT-4, Claude 3 Opus, Dall-E 3, and others. “I want PPQ to be a way for normal people to start getting away from annoying subscriptions!” – Matt Ahlborg Picks for you Solana price prediction: Can SOL hit $200 as congestion is resolved 2 hours ago BNB price prediction amid $1 billion token burn 2 hours ago 2 best Ethereum tokens to invest in 2024 2 hours ago How rich is "The Baddest Man on the Planet" – Mike Tyson's net worth revealed ...

Donald Trump has gradually shifted his stance on the crypto currency market. The presidential candidate has moved from believing that “Bitcoin (BTC) is a scam” to a more friendly position regarding paying with Bitcoin and other crypto currencies. In a recent interview on March 11 on CNBC , Donald Trump revealed that he “sometimes let people pay in Bitcoin.” The shocking revelation came after the former U.S. president said he has had “some fun” and “made some money” with cryptocurrencies. However, when asked if he had bought Bitcoin, Trump laughed and denied any purchases of the leading cryptocurrency. Picks for you New AI crypto opportunity at $0.01 for investors who missed AGIX and FET soar 21 mins ago How much Elon Musk would have if he bought Bitcoin instead of Twitter 44 mins ago London Stock Exchange welcomes Bitcoin and Ethereum exchange-traded notes 2 hours ago Hospitality rebound: The hotel REIT capitalizing on travel's return 3 hours ago ...

Chase U.K. will block all crypto payments over fraud and scam allegations. Chase U.K., a U.K. entity of the global bank, warned its customers that starting Oct. 16, it will block all crypto-related payments in an email to the customers. The email specified that customers are still free to interact with their cryptocurrency service providers through a different bank of their choosing. “If we think you’re making a payment related to crypto assets, we’ll decline it,” the email reads. The email further explained that Chase came to the decision to ban crypto payment s since “ fraud sters are increasingly using crypto assets to steal large sums of money from people,” according to CoinDesk. This statement follows a report released by the bank in late June claiming that “ crypto currency scams are on the rise.” You might also like: UK parliament to pass crypto bill against financial crimes This development follows the UK’s ...

Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement. In a potential transformative move for users, Visa, the payments solution provider, is testing an innovative solution enabling on-chain gas fees to be paid using a Visa card. Mustafa Bedawala, a product manager at Visa, presented the report, highlighting an observed challenge with crypto currency wallets; the ongoing requirement to oversee Ether (ETH) balances for covering gas fees. The standard Ethereum procedure involves users acquiring ETH from an exchange or on-ramp service and then transferring it to their wallets to cater to variable gas fees. This continuous adjustment of gas prices frequently leads to users either overspending or having insufficient ETH, introducing intricacies and challenges. Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement. The proce...

A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA). In a May 16 report, the traditional finance sector lobby group , along with international consulting firm Boston Consulting Group (BCG) and others, asked both regulators and traditional financial institutions to take a more serious look at the upsides of the technology. A distributed ledger is an umbrella term for a system that records transactions and digital information. A blockchain is a specific type of distributed ledger. “Distributed ledger technology holds promise for driving growth and innovation,” said Adam Farkas, GFMA’s Chief Executive. “This potential should not be ignored or prohibited where regulatory oversight and resiliency measures already ex...