Blockchain
Chatbots, Fraud Detection, Robotics in Industry (and More) – This Week in Artificial Intelligence 11-04-16

1 – Carnegie Mellon Receives $10 Million From K&L Gates To Study Ethical Issues Posed By Artificial Intelligence
Carnegie Mellon announced that it will dedicate a $10 million gift from the K&L Gates Foundation to the establishment of a new K&L Gates Endowment for Ethics and Computational Technologies. Carnegie Mellon President Subra Suresh expressed gratitude for the grant, commenting on CMU’s work ahead:
“It is not just technology that will determine how this century unfolds. Our future will also be influenced strongly by how humans interact with technology, how we foresee and respond to the unintended consequences of our work, and how we ensure that technology is used to benefit humanity, individually and as a society.”
The foundation will support new faculty chairs, three new Presidential Fellowships for doctoral students, a biennial conference, scholarships to recognize undergraduate students’ achievements in the artificial intelligence and related fields.
(Read the full press release on Carnegie Mellon University News)
2 – Citi Ventures Deploys Machine Learning And Artificial Intelligence With People
Citi Ventures, responsible for investments in innovative technologies and companies, is making an investment in Feedzai, a machine learning company that specializes in real-time fraud protection. The investment parallels with Citi Global Innovations Labs’ active interests in applications of machine learning, artificial intelligence, and big data analytics. Ramneek Gupta, managing director and co-head of investing for Citi Labs, commented on the symbiotic relationship of pairing AI capabilities that enhance the human role in directing AI as Citi and other financial institutions seek to better protect consumers.
(Read the full article on Forbes)
3 – Companies Rally to Build Chatbots for Messaging Services
The pursuit of pioneering smart virtual assistants and chatbots is trending across industries, and more than 33,000 new bots have been created since Facebook opened its Messenger service six months ago and invited developers to build them on the communications platform. A primary objective for current developers is to build a more natural interface between machines and humans – an assistant that’s not too human and not too robot-like. Stan Chudnovsky, vice president and head of product for Messenger at Facebook, predicts that people and AI-powered chatbots will conduct complex dialogs in the next two years. Chatbots are still in their infant stage, with companies like ADP working with social anthropologists and copywriters to help improve chatbot behavior.
(Read the full article on The Wall Street Journal)
4 – Will Self-Driving Trucks, Now A Reality, Unseat Truck Drivers?
While autonomous cars have gotten more than their fair share of attention from the media, self-driving trucks and big rigs have made a more veiled emergence in the hands of researchers and entrepreneurs. Uber recently acquired Otto, which developed self-driving big rig technology. Alain Kornhauser, Head of the Autonomous Vehicle Engineering program at Princeton University, notes that long-haul trucks are well suited for self-driving technology – they drive mainly on well-marked highways, which are generally smoother and free of pedestrians. He believes self-driving trucks will be in use within a decade, but it’s likely those trucks will still have a human driver at the wheel – in case something goes awry.
(Read the full interview on NPR)
5 – Robots Help Position Interventional Needles
A new robotic arm will help physicians reduce the time spent placing a needle for biopsy from an average 30 minutes to 5 minutes. The arm was developed by researchers from the Fraunhofer Institute for Manufacturing Engineering and Automa-tion IPA’s Project group for Automation in Medicine and Biotechnology PAMB and the Fraunhofer Institute for Medical Image Computing MEVIS and is being shown at the MEDICA trade fair in Düsseldorf from November 14 to 17. This more efficient human-robot collaboration provides other benefits, such as reducing the amount of radiation exposure to both patients and doctors from the X-Ray used to help insert a needle into tissue. Researchers predict the arm will be in the market in three years.
(Read the full article on Science Daily)
Image credit: Government Technology
Blockchain
Ledger Live Adds Self-Custody Staking for Polkadot (DOT)


The popular hardware wallet provider, Ledger, will add Polkadot to its wide variety of supported tokens as of March 4th. Additionally, Ledger will also enable users to stake DOT coins directly on the platform, thus increasing the total number of staking options to five.
Ledger Adds Polkadot and DOT Staking
Founded in 2014, Ledger is a digital asset wallet provider describing itself as the “global leader in security and infrastructure solutions for safeguarding critical” cryptocurrencies. In a press release shared with CryptoPotato, the company announced plans to add another blockchain project with its own cryptocurrency to the Ledger ecosystem – Polkadot (DOT).
The statement reads that the wallet provider will support Polkadot in its software application and will add it to Ledger Live – the mobile application working in parallel to the Ledger hardware wallet. Apart from storing crypto assets, Ledger Live also enables users to follow and manage the holdings even if the wallet is nowhere nearby.
Polkadot’s native digital asset – DOT – will become just the fifth coin that Ledger Live users can deploy for staking. According to the announcement, the mobile application “offers the most secure way to manage and stake DOT tokens as the private keys are stored on a dedicated hardware device that is not connected to the Internet.”
The installing process will be simplified as users need to install a designated Polkadot app on their respective devices, create a DOT account on Ledger Live, add the token to the bounded balance, nominate a validator, and confirm the information.
“Polkadot is one of the most promising projects in the entire crypto ecosystem, and we are happy to provide our users with additional options to earn rewards and participate in the expanding Polkadot ecosystem.” – commented Head of Coin Integration at Ledger – Fabrice Dautriat.
Ledger spokesperson told CryptoPotato that the integration will be fully live starting from March 4th, 2021.
DOT Price and Staking Stats
DOT has been among the best price performers as of late. The asset entered the new year at about $8 but has taken full advantage of the bullish developments in the following months and even breached $40 for a new all-time high.
Despite retracing slightly during last week’s market crash, DOT is still 350% up YTD as it currently hovers above $36.
Additionally, the token is the second-most utilized coin for staking, per data from stakingrewards.com. With over $24 billion worth locked for staking, DOT trails only to Cardano (ADA) by $4 billion. About 64% of all DOT in circulation has been staked as of writing these lines.
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Source: https://cryptopotato.com/ledger-live-adds-self-custody-staking-for-polkadot-dot/
Blockchain
Change of Heart: Shark Tank’s Kevin O’Leary Joins the Bitcoin Club With a 3% Allocation


The growing in popularity “I changed my mind on bitcoin” club has another prominent representative. The Canadian businessman and star of Shark Tank, Kevin O’Leary, went from calling BTC garbage to allocating 3% of his portfolio in the asset.
O’Leary Has Bought Bitcoin
Born in Montreal, Canada, O’Leary is a popular businessman, author and is perhaps best known for his role in the reality TV show – Shark Tank. Also referred to as Mr. Wonderful, O’Leary recently announced his entrance into the bitcoin ecosystem.
Is #bitcoin a currency? Property? An asset? Maybe all of the above, I’m going with a 3% portfolio allocation and am looking at investing in miners that can create coin under a mandate of 0 carbon so sustainably! https://t.co/qgAXZVZXzh
— Kevin O’Leary aka Mr. Wonderful (@kevinolearytv) March 1, 2021
Apart from allocating 3% of his portfolio in the primary cryptocurrency, the businessman also pledged to invest in BTC miners using clean energy to avoid “blood coins.”
Furthermore, O’Leary said that all companies he had invested in are currently examining the possibility of putting bitcoin on their balance sheets. He attributed this to “changes in the regulatory environment,” but he failed to provide details regarding their precise nature.
Another Change of Heart Moment
Prior to his 3% BTC allocation, O’Leary rarely had anything positive to say about the cryptocurrency. Just the opposite, he was openly bashing it.
Back in 2019 he O’Leary was predominantly negative on this “digital game” called bitcoin, which was “worthless” to him. He went even further by naming it a “useless currency” and “garbage because you can’t get in and out of it in large amounts.”
“Let’s say you want to buy a piece of real estate for $10 million in Switzerland. They want a guarantee that the value comes back to the US currency. You have to somehow hedge the risk of bitcoin. That means it’s not a real currency. That means the receiver is not willing to take the risk of the volatility it has. It’s worthless.”
Fast-forward to February 2021, he was still neglectful of BTC’s potential. O’Leary said he’s not against it and actually respected the asset but dismissed any chances of putting a lot of capital in it.
“No, I don’t want to own something that goes up and down 30% in a day or a week.” – O’Leary noted and added that bitcoin is “not backed by anything. It’s just backed by your faith.”
However, it seems now that this “worthless, not backed by anything digital game” has earned at least 3% of his investment portfolio.
With this change of heart, O’Leary has joined a prominent club with several similar examples. Names such as MicroStrategy’s Michael Saylor, CNBC’s Jim Cramer, and the former Fed Governor – Kevin Warsh.
Featured Image Courtesy of INC
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Blockchain
FreeBitco.in purchases 3.75 billion FUN Tokens in a multi-million dollar deal


Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.
FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The cold storage holds 4.45 billion FUN Tokens and FreeBitco.in has acquired 3.75 billion tokens.
Through this acquisition, FreeBitco.in plans to invest in the token’s long-term development.
“Since 2013, FreeBitco.in’s goal has always been to provide online gaming enthusiasts with a frictionless, transparent, and truly fair experience,” said a statement by FreeBitco.in. “There’s no better fit than the FUN token to help us significantly enhance our efforts.”
The FUN Token
Since 2017, FunFair Technologies has been striving to deliver a guaranteed fair, decentralized gaming experience to the mass market through blockchain technology utilizing the FUN token.
FunFair team said in a statement:
Despite several industry firsts and significant milestones in proving that use case, it has recently become apparent that FreeBitco.in has developed a different and superior use case for the FUN token.
This announcement refers to FreeBitco.in’s Premium Membership Program; a feature that incentivizes FreeBitco.in users to buy and hold FUN tokens for significant benefits. This activity has driven considerable volume into the token economy without the burden of significant on-chain transactions. According to the statement:
There’s no doubt that FreeBitco.in’s customers are currently generating the bulk of FUN token commercial activity rather than FunFair’s customers.
With this in mind and for the token economy to maintain its recent success, FunFair has agreed to sell the majority of their FUN token holdings to FreeBitco.in.
FUN is an ERC20 token listed on major exchanges Binance, BitFinex, HitBTC, Changelly, and OKEx, as well as decentralized exchanges like Uniswap.
FreeBitco.in’s Vision for FUN
FreeBitco.in aspires to grow the FUN token as an independent entity through a series of upcoming projects.
Our sole objective, as of now, is to work to increase FUN’s utility and value,” the FreeBitco.in. team said. “We’re thoroughly committed to its long-term growth.
Accordingly, FreeBitco.in is preparing to undertake the following initiatives:
- Strategic Burning of Tokens: FreeBitco.in plans to invest a substantial portion of its bottom line into strategically acquiring and burning FUN tokens to elevate their value over time.
- Improving Liquidity: FreeBitco.in is working on increasing FUN’s liquidity across all markets, thus making it easily accessible and tradeable. This is evidenced by a cumulative influx of $3 million in the FUN/ETH and FUN/USDC trading pairs on Uniswap recently, and other exchanges are set to follow.
- New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.
- Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.
- Proactive Development: FreeBitco.in is assembling a development team to build innovative, consumer-facing apps based around the FUN token, thus creating more use cases, strengthening utility, and promoting adoption.
- Creating Effective Partnerships: FreeBitco.in seeks to build productive partnerships and affiliations with other iGaming entities to promote FUN’s identity as a transactional currency in online gambling.
Note: This is not a partnership between the two organizations, namely FreeBitco.in and FunFair Technologies. The aforementioned acquisition and venture is at the sole discretion of FreeBitco.in.
About FreeBitco.in
Founded in 2013, FreeBitco.in is one of the largest crypto-gaming websites and the seventh-largest online casino in the world (Source: SimilarWeb). FreeBitco.in was created to promote Bitcoin’s utility and facilitate its adoption. However, it has grown by leaps and bounds since then.
Powered by a fully automated, proprietary tech-stack, FreeBitco.in features a simple but powerful HI-LO Dice Game supplemented by contests, rewards, jackpots, and a popular Lamborghini giveaway.
With 41 million users, 52 million monthly visits, and a $600 million-per-annum wagering volume, its influence on the Bitcoin community is significant.
Useful Links
Official FUN Token Website: https://funtoken.io
Official FreeBitco.in Website: https://freebitco.in
Twitter: https://twitter.com/FUNtoken_io
Telegram Channel: https://t.me/officialFUNToken_channel
Telegram Chat: https://t.me/officialFUNToken
Reddit: https://www.reddit.com/user/FUN_token
Discord: https://discord.gg/e7vfgKbEKU
Disclaimer: This article is a paid post and must not be considered as news/advice.
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