Blockchain Press Releases
AI and Security: Ensuring That Opportunities Outweigh the Threats, Reports IDTechEx
BOSTON, July 3, 2023 /PRNewswire/ — Anyone with access to social media platforms will likely have heard of ChatGPT by now. Created by OpenAI and released in November 2022, the generative AI tool had 100 million registered users as of three months after release, with it – the world’s most advanced chatbot – being used to answer simple queries, write songs, and draft press releases, all with varying degrees of success. While in the creative domain, ChatGPT is not (yet) a match for the human mind, its capabilities are nothing less than staggering, with the potential to transform entire workflows. Yet, along with the opportunities afforded by generative AI, there are risks. In IDTechEx’s recent “AI Chips 2023-2033” report, IDTechEx forecast that the global AI chips market will grow to exceed US$250 billion by 2033, with the IT & Telecoms, BFSI (Banking, Financial Services and Industrial), and Consumer Electronics industry verticals leading the way in terms of revenue generated up to 2033. This growth is made possible by the growing complexities and functionalities of machine learning models, representing significant opportunities for both businesses and consumers. However, improper use of AI tools represents threats to the aforementioned groups. Measures must be taken to ensure that the opportunities afforded by advanced AI greatly outweigh the threats.
Questions of Ownership and Culpability
ChatGPT, DALL-E 2, and Siri are all examples of generative AI tools. These are systems capable of generating text, images, or other media in response to prompts, where the data produced is based on the training data sets employed to create and refine the models used. Current intellectual property (IP) laws are not particularly well-suited to account for the legal ownership of intangible assets such as those that AI tools such as these can generate. Patent law generally considers the inventor as the first owner of the invention. In the case of AI, who invents? The human creates the (initial) prompt, but it is the AI tool that creates the output. An AI may also be used to prompt other AI tools, and so AI can act as both the prompt and the creator. But granting an AI tool IP ownership status – as it currently stands – necessarily gives the AI the same status extended to a legal person.
Therein is the question of culpability and ethics; if the AI is the legal owner of a piece of work, then the human that deployed, commissioned, or used the AI tool is exempt from culpability. This could be considered unethical, as the human user should bear some responsibility for the ethical ramifications of using such an AI tool (particularly in the case of unlawful AI use, such as assistance with writing a script for malware). A possible way around this is to grant the AI the same legal status as a child, wherein the human user would be analogous to a child’s guardian, and so bear some responsibility, while the AI would still retain ownership. While this ensures that the human user bears responsibilities for the AI tool’s actions, it does not adequately address autonomous AI, where no human prompting is necessary. In addition, there may be some discomfort from legislators around bestowing legal status onto machines.
Other parties that should be considered are the developers of the AI tool, as well as the owners of the data that comprise the dataset used to train the AI tool (a key component of the reasoning behind Italy’s ban of ChatGPT in March 2023). The answer to ownership is one that will be sought more urgently as AI tools and their outputs grow, as they surely will over the coming years.
Malpractice
Where AI can be used for good intentions – such as assisting with the appropriate syntax for computer script writing and detecting fraudulent financial transactions – it can also be used for ill, ranging from the deceptive to the illegal. Given that generative AI tools can be used to assist with script writing, it does not particularly matter to the tool what type of script is being written. As such, generative AI can be used to assist with the writing of malware (malicious software). The AI tool used has, of course, not intentionally created a piece of malware, but this potential mistreatment of a nominally apathetic system needs to be addressed.
Generative AI is very effective for streamlining certain work functions, such as advertising copy and marketing materials. And yet, the question remains of ownership and culpability. From marketing to consumers (where companies will ultimately still be liable for ambiguous or defamatory language) to academic institutions (where the use of a language tool by a student to write a part of their thesis calls into question the legitimacy of their conferred degree), clear guidelines – regulatory and legal – need to be given for fair use of such tools.
Ultimately, we are still a long way off from the types of existential threats posed by AI that are central to seminal works of science fiction, such as 2001: A Space Odyssey and The Terminator. And yet, even as AI technology advances towards Artificial General Intelligence, clear practices and codes of conduct are needed to ensure that risks are appropriately mitigated, such that AI transforms industries for the better. Opportunities across the three aforementioned industry verticals and others are discussed in the new IDTechEx report, “AI Chips 2023-2033“.
Report Coverage
IDTechEx forecasts that the global AI chips market will grow to US$257.6 billion by 2033. The report covers the global AI Chips market across eight industry verticals, with 10-year granular forecasts in seven categories (such as by geography, chip architecture, and application). In addition to the revenue forecasts for AI chips, costs at each stage of the supply chain (design, manufacture, assembly, test & packaging, and operation) are quantified for a leading-edge AI chip. Rigorous calculations are provided, along with a customizable template for customer use, and analyses of comparative costs between leading and trailing edge node chips.
IDTechEx’s latest report, “AI Chips 2023-2033“, answers the major questions, challenges and opportunities faced by the AI chip value chain. For further understanding of the markets, players, technologies, opportunities, and challenges, please visit www.IDTechEx.com/AIChips.
About IDTechEx
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact [email protected] or visit www.IDTechEx.com.
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Media Contact:
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Blockchain Press Releases
Uniswap’s $35M UNI AirDrop Makes Waves Following Jupiter’s $630M Token Distribution
NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has unveiled its latest 2025 initiative: a $35M UNI AirDrop. As the news begins to ripple across the crypto community on the 24th, Friday, 2025, this landmark announcement sets the stage for Uniswap’s next chapter of decentralized financial empowerment. Launching in the wake of Jupiter’s record-breaking $630M JUP token distribution, this AirDrop is poised to capture the spotlight and redefine reward campaigns in the blockchain space.
A Strategic Response to Airdrop Momentum
Uniswap’s AirDrop comes at a pivotal time for decentralized finance, following the tremendous success of Jupiter’s Solana-based $630M JUP distribution. Jupiter’s campaign not only propelled its market cap by 87% to $3.5B but also reinforced the power of airdrops as a key tool for driving user engagement and adoption. By launching its $35M UNI AirDrop so soon after, Uniswap is positioning itself to lead the next wave of innovation in DeFi rewards.
“We’re excited to continue rewarding our users while driving adoption across the DeFi ecosystem,” said Hari Sevugan, a spokesperson from Uniswap Labs. “The success of airdrops like Jupiter’s shows just how powerful community engagement can be, and with Uniswap’s $35M AirDrop, we aim to take that impact to the next level V4 will bring to the blockchain realm.”
Aligned with Uniswap V4 and the Future of DeFi
The $35M AirDrop also coincides with the highly anticipated rollout of Uniswap Version 4, which officially begins deployments this week. This latest iteration introduces a series of game-changing features designed to enhance efficiency, scalability, and user experience, further solidifying Uniswap’s leadership in the decentralized finance space.
Uniswap’s decision to launch the AirDrop at this time reflects its broader strategy to drive growth and innovation while giving back to the community that helped the platform achieve a remarkable 102% year-over-year growth in 2024.
The Broader Context: Trump’s Vision for Blockchain Leadership
The announcement also arrives amid a transformative moment for the cryptocurrency space. Former U.S. President Donald Trump has outlined bold plans to make the United States the global capital of blockchain and cryptocurrency. This vision has reinvigorated the crypto market, driving a wave of optimism and strategic initiatives from key players like Uniswap.
With Trump’s call for blockchain leadership setting the tone, Uniswap’s $35M UNI AirDrop is more than just a user reward campaign—it’s a signal of intent to maintain a leading role in shaping the future of decentralized finance.
How to Participate
Eligible participants can now claim their share of the $35M UNI AirDrop by visiting the official Uniswap website, where full eligibility requirements are outlined. The process is simple, secure, and designed to ensure fair access for Uniswap’s loyal user base.
The timing of this AirDrop reflects Uniswap’s strategic awareness of the industry’s momentum. With Jupiter setting a new benchmark for token distribution and Trump’s bold vision sparking global crypto interest, Uniswap is leveraging this moment to further strengthen its community and reinforce its leadership.
This is not just about distributing $UNI tokens—it’s about driving engagement, enhancing liquidity, and positioning Uniswap as the go-to platform for decentralized finance. Together with its newly announced Uniswap V4 rollout, this AirDrop represents a comprehensive strategy to capitalize on the opportunities of 2025.
Airdrop Buzz Across the Ecosystem
The broader crypto space has been abuzz with activity. Jupiter’s massive $630M JUP token distribution demonstrated the power of well-timed reward campaigns to boost engagement and market cap. Meanwhile, whale investors have reportedly begun accumulating $UNI in response to Uniswap’s latest announcements, signaling strong confidence in the platform’s long-term vision.
Looking Ahead
Uniswap’s $35M AirDrop underscores its commitment to fostering financial inclusion and empowering its global user base. As decentralized finance continues to expand, initiatives like this serve as a reminder of the transformative power of blockchain technology.
Uniswap invites all eligible participants to act quickly and secure their share of the $35M UNI AirDrop. Visit the official Uniswap website to learn more about the eligibility requirements and join the DeFi movement.
About Uniswap
Uniswap is the leading decentralized exchange (DEX) in the DeFi ecosystem, offering users seamless access to cryptocurrency trading, liquidity provision, and innovative financial tools. Dedicated to decentralization and user empowerment, Uniswap is shaping the future of finance.
Contact:
Matthew Elder
[email protected]
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Blockchain Press Releases
Uniswap Kicks Off $35M UNI AirDrop Amid Trump’s Bold Crypto Vision for the USA
NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the Official $UNI AirDrop. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin today, signaling another leap forward in the platform’s evolution. Meanwhile, the crypto world is abuzz with momentum, fueled by former U.S. President Donald Trump’s bold plans to establish the United States as the global capital of blockchain and cryptocurrency.
Uniswap’s $UNI AirDrop: Celebrating Growth and Innovation
The $35M AirDrop comes as Uniswap celebrates an impressive 120.76% year-over-year growth in 2024. This initiative rewards both loyal and new users, underscoring Uniswap’s dedication to fostering community engagement and innovation in decentralized finance.
The AirDrop also coincides with heightened investor interest, with whales beginning to accumulate $UNI tokens following Uniswap Foundation’s recent announcements. This highlights the growing confidence in Uniswap’s ecosystem and its potential for long-term growth.
Interested participants can review eligibility requirements on Uniswap’s official website, ensuring a secure and transparent process for everyone involved.
Uniswap V4: The Next Chapter in Decentralized Finance
Uniswap’s Version 4 is set to roll out today, bringing groundbreaking improvements to the protocol. Designed to enhance efficiency, scalability, and user experience, V4 introduces innovative features that solidify Uniswap’s position as the industry leader in DeFi.
This latest update not only benefits the platform’s users but also sets the stage for increased adoption and integration across the broader blockchain ecosystem.
Trump’s Vision and Uniswap’s Alignment
The AirDrop and V4 deployment comes at a time when Donald Trump’s vision to establish the USA as the global crypto capital is reshaping the industry narrative. With Bitcoin breaking records and institutional interest surging, Uniswap’s initiatives align seamlessly with the renewed focus on decentralization and financial freedom.
Uniswap’s ability to anticipate market trends and deliver unparalleled value to its users has positioned it at the forefront of these transformative changes.
Jupiter’s Simultaneous Airdrop Sparks Broader Market Momentum
Uniswap’s AirDrop announcement comes in the midst of significant developments across the DeFi ecosystem. Jupiter, a Solana-based platform, has recently issued a $630M airdrop of its native JUP tokens, propelling its market cap up by 87% to $3.5 billion. This surge in activity highlights the increasing competition and innovation within the decentralized finance space, with platforms racing to reward their communities and expand their reach.
The dual momentum of Uniswap’s $UNI AirDrop and Jupiter’s recent initiatives underscores a new wave of growth and collaboration in the DeFi sector, further solidifying its role in shaping the future of global finance.
This January 2025 has proven to be a groundbreaking month for the crypto space, marked by historic milestones and unprecedented momentum. Bitcoin’s meteoric rise to its all-time high of $100K has reignited global interest in digital assets, while Ethereum and Solana have seen significant gains, driven by innovative developments and strong investor confidence. Meanwhile, the DeFi sector is thriving, with platforms like Uniswap and Jupiter leading the charge through impactful initiatives, including massive airdrops that have reshaped user engagement. This surge of activity has not only reinforced crypto’s role as a transformative financial ecosystem but has also set the tone for an exhilarating year ahead in blockchain and decentralized finance.
Whale Activity Signals Strong Confidence
In addition to the AirDrop, recent data has shown a surge in whale activity, with large investors beginning to accumulate $UNI tokens. This follows Uniswap Foundation’s latest announcements and highlights the growing market confidence in the platform’s future prospects.
As Uniswap continues to innovate with initiatives like V4 and significant reward campaigns, it further solidifies its role as the leading decentralized exchange and a driving force in the crypto space.
How to Participate in the $UNI AirDrop
To participate in the $35M $UNI AirDrop, users are encouraged to visit Uniswap’s official website to confirm their eligibility and review the claiming process. With this initiative, Uniswap reaffirms its commitment to rewarding its community and promoting decentralization.
For real-time updates and further information, follow Uniswap’s verified social media channels and stay informed about this historic AirDrop and future developments.
About Uniswap
Uniswap is the world’s leading decentralized exchange, empowering millions of users to trade tokens securely and efficiently on the blockchain. Known for its commitment to innovation and transparency, Uniswap continues to set the standard for decentralized finance and global financial systems.
Contact:
Uniswap Foundation
[email protected]
Matthew Elder
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Blockchain
Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank)
The blockchain and cryptocurrency industry continues to evolve at breakneck speed, reshaping global finance, technology, and governance. From central bank digital currencies (CBDCs) to cutting-edge tools simplifying blockchain development, today’s updates offer a glimpse into how blockchain technology is transforming industries. Here’s your daily briefing on the latest news in blockchain, crypto, and Web3.
Blockchain in Retail: Competitive Intelligence and Trends
A new report analyzing blockchain adoption in the retail sector forecasts significant growth between 2025 and 2034, with major players like IBM, SAP, Oracle, Bitfury Group, and Auxesis Services Technologies leading the charge. The report highlights blockchain’s role in enhancing supply chain transparency, combating counterfeit goods, and enabling seamless loyalty programs.
Why This Matters:
Blockchain’s ability to enhance traceability and trust in supply chains makes it an ideal solution for the retail industry. With consumer demand for transparency growing, retailers are under pressure to provide verifiable data about the origins of their products—a gap blockchain is poised to fill.
Commentary:
Retailers that fail to adopt blockchain solutions risk falling behind as industry leaders use this technology to build trust and customer loyalty. As adoption grows, smaller players may also turn to blockchain-powered SaaS platforms to stay competitive.
Source: GlobeNewswire
ECB’s Digital Euro Pitch in Response to Growing Crypto Adoption
The European Central Bank (ECB) has pitched the idea of a digital euro, citing the growing influence of cryptocurrencies and global pushes toward digital currencies. The ECB framed the digital euro as a stable, secure alternative to decentralized crypto assets, addressing the region’s need for innovation while preserving monetary sovereignty.
Why This Matters:
CBDCs like the digital euro could redefine global finance, providing a government-backed alternative to private cryptocurrencies. For the EU, this initiative represents both a competitive response to projects like China’s digital yuan and a hedge against the risks posed by unregulated crypto markets.
Commentary:
The digital euro has the potential to address inefficiencies in cross-border payments and financial inclusion. However, its success will depend on balancing innovation with privacy—a concern central to public trust in government-backed digital currencies.
Source: Reuters
Simplifying Blockchain Development with Enso
Enso, a new development tool, promises to revolutionize blockchain coding by making the process more intuitive and accessible. Dubbed the “Intent Revolution,” Enso eliminates the need for complex, code-heavy development by allowing developers to articulate “intentions” that the platform then translates into blockchain logic.
Why This Matters:
The barrier to entry for blockchain development has long been its technical complexity. Enso’s approach could significantly lower this barrier, enabling a broader range of developers—and potentially businesses—to participate in blockchain innovation.
Commentary:
Simplifying blockchain development is a critical step in driving adoption. Tools like Enso are not just about ease; they democratize access to blockchain innovation, allowing smaller players to compete with industry giants.
Source: DL News
French Crypto Co-Founder Freed After Kidnapping Incident
In an alarming story, a co-founder of a prominent French cryptocurrency company was kidnapped but has since been freed after a swift operation by French authorities. While the specifics of the case remain under wraps, reports suggest that the incident stemmed from disputes related to crypto investments.
Why This Matters:
This incident underscores the risks associated with the crypto industry, particularly for high-profile figures. With cryptocurrencies often linked to high-value transactions, individuals in the sector may face heightened personal security threats.
Commentary:
As the crypto industry matures, security—both digital and physical—must become a priority for individuals and organizations. Expect to see increased demand for personal security services tailored to crypto executives.
Source: France24
Ex-Visa CFO Joins Blockchain Firm Amid Trump’s Crypto Push
Former Visa CFO, Charlotte Hogg, has joined the board of a leading blockchain firm, signaling increasing alignment between traditional finance and blockchain. The move comes as Trump’s administration accelerates its crypto-related policies, placing blockchain at the forefront of financial innovation.
Why This Matters:
Hogg’s appointment highlights the growing convergence of traditional finance and blockchain technology. The expertise of seasoned financial executives could lend credibility to blockchain firms, making the sector more appealing to institutional investors.
Commentary:
Bringing in talent from established financial institutions is a strategic move that positions blockchain companies for mainstream adoption. With figures like Hogg on board, the narrative of blockchain as a speculative industry is shifting toward one of legitimacy and innovation.
Source: CFO Dive
CZ, Crypto’s Wealthiest Man, Focuses on Philanthropy
Changpeng Zhao (CZ), the CEO of Binance and one of the wealthiest figures in crypto, has announced a renewed focus on philanthropy. CZ’s latest initiative involves leveraging blockchain technology to increase transparency and efficiency in charitable giving, with an emphasis on combating poverty and improving global education.
Why This Matters:
Blockchain-based philanthropy offers a unique opportunity to ensure donations are used effectively, addressing long-standing concerns about corruption and mismanagement in the charity sector. CZ’s initiative could set a new standard for transparency in philanthropy.
Commentary:
CZ’s pivot toward philanthropy not only reflects the growing maturity of the crypto industry but also highlights blockchain’s potential to solve real-world problems. As trust becomes a cornerstone of crypto adoption, initiatives like this can have a far-reaching impact.
Source: Yahoo Finance
Key Trends Shaping Blockchain and Crypto Today
Today’s stories illustrate several key trends in blockchain and crypto:
- Institutional Alignment: From the ECB’s digital euro to Charlotte Hogg’s new role, traditional finance is increasingly embracing blockchain technologies.
- Simplifying Innovation: Tools like Enso reflect a push to make blockchain development more accessible, which will drive adoption across industries.
- Security Concerns: The kidnapping of a French crypto executive serves as a stark reminder of the risks faced by industry leaders.
- Social Impact: CZ’s philanthropic efforts demonstrate how blockchain can drive social good, particularly in areas like education and poverty alleviation.
Looking Ahead
As blockchain and cryptocurrency continue to evolve, the industry is moving beyond speculative trading toward meaningful applications. Whether it’s through enhancing supply chain transparency, driving financial inclusion, or simplifying development, blockchain’s potential remains immense. However, challenges like regulation, security, and public trust must be navigated carefully to ensure sustained growth.
This concludes Blocks & Headlines: Today in Blockchain for January 24, 2025. Stay tuned for tomorrow’s briefing as we continue to track the trends and innovations shaping the future of blockchain and cryptocurrency.
The post Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank) appeared first on News, Events, Advertising Options.
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