Connect with us
Binance and other major exchanges removed the collapsed Terra stablecoin Binance and other major exchanges removed the collapsed Terra stablecoin

News

Binance and other major exchanges removed the collapsed Terra stablecoin from trading

Published

on

As the Terra crisis continues, major cryptocurrency exchanges have begun delisting the Terra UST stablecoin and its associated Luna token, citing the need to protect users from risk.

Binance suspended trading on Luna and Terra on Thursday. The OKX exchange — one of the top 10 by volume — did the same shortly thereafter. The FTX exchange and other smaller exchanges continue to list and trade Luna and UST tokens.

After the UST stablecoin fell well below its dollar peg on May 9, an algorithmic process designed to balance the price close to $1 caused the Luna token to hyperinflate, dropping its price from $100 to less than 1 cent.

In response to the crisis, Terra blockchain operators repeatedly shut down and then restarted the network, adding to the frustration of investors in the project. When the network is not processing new blocks, no transactions can be performed with any assets hosted on that blockchain.

Binance and other major exchanges removed the collapsed Terra stablecoin from trading

Binance CEO Changpeng Zhao released a statement on Twuitter explaining the reason for the suspension of Luna trading from the platform:

An exponential number of new Lunas have been released due to design flaws in the Terra protocol. Their validators have suspended their entire network, resulting in the inability to deposit or withdraw funds to or from any exchange. Some of our users, unaware of the large number of newly minted Lunas OTC, have started buying Lunas again, not realizing that once deposits are allowed, the price will most likely drop even further. Due to these significant risks, we have suspended trading.

On Friday, the Crypto.com exchange released a statement recounting an incident where Luna holders received an incorrect price: “All affected trades (buy and sell) will be canceled and affected users will be credited $10 in [токен Crypto.com] CRO for the inconvenience.” Crypto.com also said that all Luna trading will be stopped until further notice, although the exchange’s Twitter post stated that users could withdraw the Luna token.

Click to comment

Leave a Reply

Your email address will not be published.

News

Twitch launched an endless series in the style of sitcoms of the 80s. It is generated by neural networks

Published

on

Twitch launched an endless series in the style of sitcoms

On the Twitch platform, they launched the series Nothing, Forever in the style of sitcoms of the 80s. It is notable for the fact that it is completely created using neural networks. Replicas for the series are “invented” by ChatGPT, and DALL-E, Stable Diffusion and Azure Cognitive Services generate a picture, which is then played using the Unity game engine. For voice acting, a speech synthesizer is used.

Twitch launched an endless series in the style of sitcoms of the 80s.  It is generated by neural networks

The series is constantly being created and developed based on the feedback of the viewers. At the same time, even very good jokes sometimes come across, although often the characters speak out of place or even simply remain silent. There are also animation bugs.

Overall, the visuals are similar to the first 3D PC and console games, and the scenes are fairly repetitive.

The series is based on the 1980s sitcom Seinfeld. The series can be watched here. In the future, the authors intend to create other similar projects to compete with Netflix series. They will also be endless, or at least very long.

Continue Reading

News

How so, Microsoft? A third party developer has already added ChatGPT to Word

Published

on

How so Microsoft A third party developer has already added

Creative Data Studios has developed a plug-in for Microsoft Word called Ghostwriter ChatGPT that adds chatbot functionality to a text editor. The novelty was created without the participation of Microsoft.

How so, Microsoft?  A third party developer has already added ChatGPT to Word

There are currently two versions of the plugin available: $10 and $25. The first is limited to short responses of two paragraphs and uses only the ChatGPT language model. A more advanced one is devoid of such restrictions, it uses all OpenAI models. You can install the plugin through the Office Add-in Store.

In addition, the developers promise an early release of similar plug-ins for all applications from the Microsoft package: Excel, PowerPoint, Outlook, OneNote. After the release of the add-on pack, users who have already purchased the plugin for Word will receive a discount.

According to Patrick Husting, who developed Ghostwriter, Microsoft will most likely disable Ghostwriter in the future when its own implementation of ChatGPT support is ready. However, this option can still be used.

Earlier it was reported that Microsoft has already added support for the GPT-3.5 model to Teams Premium, which will allow the neural network to listen to conversations, draw notes and plans based on the results. Microsoft also plans to add ChatGPT to the Bing search engine, but there, according to rumors, there will already be GPT-4.

Continue Reading

Phones

Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in a camera battle. Published a large video comparison of the two flagships

Published

on

Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in

Despite the fact that there are still two weeks before the start of sales of Samsung Galaxy S23 smartphones, full reviews of the camera of the older novelty have already been published on the Web. The author of the famous SuperSaf channel compared the Galaxy S23 Ultra camera with the iPhone 14 Pro Max camera.

Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in a camera battle.  Published a large video comparison of the two flagships

Unfortunately, although the comparison is voluminous, it is far from being as informative as it happens on some other channels. However, there is still a lot of information.

As you can see, in low light, the brainchild of Samsung shows a wider dynamic range and detail. This is true for all cameras, including the ultra wide and tele cameras. But when shooting video at night, everything is not so clear. At least the Korean smartphone has a lot more noise and slower autofocus.

Of course, Samsung easily wins in the comparison of cameras, because it has two of them at once. Already at 10x zoom, the difference is very noticeable, and the iPhone cannot offer more than 15x at all.

Cinematic Mode on the iPhone clearly looks better, in addition, we can note a fairly significant difference in color reproduction, both in the photo and in the video.

Continue Reading

Most Popular