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AI Eye: AI travel booking hilariously bad, 3 weird uses for ChatGPT, crypto plugins

Can you book flights and hotels using AI?

The short answer is… kind of, but none of the AI chatbots are reliable, so you’ll still need to do your own research at this stage.

Having recently spent hours researching flights and accommodation for a three-week trip to Japan, I decided to compare my results to Bard and ChatGPT’s suggestions.

It turns out that Bard is actually surprisingly good at finding flights. A simple request for flights from Melbourne and Tokyo on a particular day returned options with major carriers like Qantas and Japan Airlines, which is probably what many people would be after.

Bard was then able to further refine the results to “cheapest direct flight, with seat selection, a minimum 15 kilograms of luggage and a meal,” finding an Air Asia flight from Melbourne to Osaka that was cheaper than the one I’d booked to Tokyo.

Bard found a very good value flight after the search query was refined.

The AI was also pretty good at determining the seat width, pitch and recline angle for the Air Asia flight to work out if actually flying with the airline was going to be a nightmare.

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Bitcoin options: How will tomorrow's $4.7B expiry impact BTC price?

Bitcoin ETF requests, miners' sell pressure, and regulatory hurdles create uncertainty for the $31,000 BTC price resistance.

Bitcoin options: How will tomorrow's $4.7B expiry impact BTC price?

The $4.7 billion Bitcoin (BTC) monthly options expiry on June 30 might play a decisive role in determining whether the $30,000 price will consolidate as long-term support and open room for further bullish momentum.

Why is Bitcoin breaking yearly highs?

Many analysts consider Bitcoin's recent breakout above $27,000 a bet on the multiple spot Bitcoin exchange-traded fund (ETF) request applications, including those of BlackRock and ARK Invest.

The news also fueled expectations for Grayscale to be able to convert its Grayscale Bitcoin Trust (GBTC) to a Bitcoin ETF.

 $31,000 caps Bitcoin price gains for now

On the other hand, Bitcoin bears will try to take advantage of macroeconomic and regulatory headwinds, including exchanges implementing mandatory Know Your Customer (KYC) procedures.

On June 28, KuCoin announced the upcoming KYC system upgrade in a move to increase compliance with global Anti-Money Laundering regulations.

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Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process

The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim.

Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process

The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim.

What is an atomic swap, and how does it work?

Exchange cryptocurrency securely on different blockchains using atomic swaps. It’s either a swap or a no-swap, ensuring crypto funds’ security.

Bitcoin salary: Employees choose crypto paychecks amid economic instability

Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives.

Canadian committee proposes measures to support blockchain, crypto

The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors.

Slovakian parliament votes in approval of lower crypto taxes

A parliamentary vote held by officials in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale.

German regulator reportedly rejects Binance’s crypto custody license request

Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.

Crypto debanking could drive industry underground: Australia Treasury

The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams.

Crypto debanking could drive industry underground: Australia Treasury

The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams.

U.S. considers tightening restrictions on AI chip exports

Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.

ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft

AI technology has gained a lot of traction over the past year, with the EU and the U.S. already proposing legislation to regulate the nascent tech.

Bitcoin speculators send 35K BTC to exchanges in new 'elation inflow'

Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%.

Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’

Bitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows.

In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands of coins being sent to exchanges.

Bitcoin speculative exchange moves “intensifying”

BTC price action stalling at $30,000 is prompting a rethink when it comes to buyers who have turned a profit this month.

In particular, short-term holders (STHs) — those entities hodling funds for 155 days or less — are becoming increasingly keen sellers.

Monitoring inflows to exchange wallets, Glassnode revealed a clear spike in funds being put up for trade originating from STHs, which correspond to Bitcoin’s more speculative investor cohorts.


North Carolina House passes bill to commission study on holding Bitcoin

The study would examine the possible impact of holding crypto and how the state would custody a digital currency.

BlackRock lauds AI as ‘mega force’ to drive returns

AI could prove to be a boon for investors looking for gains in today's “unusual” market.

Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial.

Italy’s central bank calls for framework to prevent stablecoin runs

Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins.

The central bank’s recently released Markets, Infrastructures and Payment Systems report for June 2023 has called on regulators to apply the same financial conduct standards to stablecoin issuers in the industry.

The bank said the rise of cryptocurrencies, coupled with several “boom and bust cycles” in a largely unregulated environment has caused “significant consumer harm.”

Regulatory attention on stablecoin issuers in particular should be a priority because of its close connection to DeFi, the bank said:

“A robust, risk-based regulation of stablecoins ensuring the prevention of ‘runs’ on their issuers is a necessary condition to reduce the fragility of the DeFi ecosystem, given the prominent role of this asset class in decentralized finance.”

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