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KuCoin breaks 30M users as the exchange celebrates its 6th anniversary

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Victorial Seychells — KuCoin, a top five cryptocurrency exchange in the world, is celebrating its 6th Anniversary with a breakthrough achievement of surpassing 30 million users, two momentous milestones of its journey at the same time. This remarkable achievement is a testament to KuCoin’s commitment to excellence and its unwavering dedication to the global crypto community.

Since its inception, KuCoin has been committed to providing a secure and reliable platform for users to trade cryptocurrencies. With its user-friendly interface, advanced trading features, and top-notch security measures, KuCoin has gained immense popularity among cryptocurrency enthusiasts and investors worldwide.

CEO Johnny Lyu, in a heartfelt address encapsulated in his CEO Letter, expressed profound gratitude to users for their continuous support throughout this incredible development. He reaffirmed KuCoin’s unwavering core-value to be the ‘People’s Exchange’, continuing to prioritize user asset safety and security, fostering innovation, and providing unparalleled customer service. Furthermore, KuCoin remains devoted to its mission of facilitating the global free flow of digital value.

He also expressed his excitement about reaching this significant milestone, stating:

“We are thrilled to have reached 30 million users on KuCoin. This achievement is a testament to the hard work and dedication of our team, as well as the trust and support of our valued users. Since the release of the first POR in December 2022, KuCoin has been publishing POR for 10 consecutive months, fulfilling our commitment to users and allowing them to trade at the peace. It is precisely the business philosophy of putting users and security first that has allowed us to grow from 0 to 30 million and gain the trust of users. We remain committed to delivering a top-tier trading experience and look forward to continued growth and success.”

The 6th Anniversary marks a significant occasion for KuCoin. To commemorate this celebration, KuCoin is rolling out “Rising Together: Celebrate 6th Anniversary of KuCoin with Million-Dollar Prize Pool”, giving back to the community that has been integral to its success. More details are shared in their blog.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards. To find out more, visit https://www.kucoin.com.

SOURCE: COIN TELEGRAPH

Disclaimer: The information provided in this article is not endorsed by Newsherder and is for informational purposes only. Readers are encouraged to conduct their own research and verify the accuracy of the content before making any investment decisions.

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Elon Musk says xAI’s chatbot ‘Grok’ will launch to X Premium+ subscribers next week

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The introduction of ‘Grok’ by xAI, spearheaded by Elon Musk, marks a pivotal moment in AI conversational technology. Unveiled initially to a select group of testers on November 4, Grok is engineered to exhibit a distinct personality, infused with wit and a rebellious nature, distinguishing it in the competitive landscape of AI chatbots.

The integration of Grok into xAI’s web application was discovered through app research, indicating its readiness for launch. This integration aligns with Musk’s strategy to enhance X’s Premium subscription service, now segmented into three tiers to attract a diverse user demographic.

Also Read : New Phishing Scam in China Targets Crypto Users Through Bogus Skype App

Grok’s unique selling point is its capability to access real-time knowledge through the X platform. However, this feature brings into question the accuracy of its responses. The timing of Grok’s launch is particularly notable, coinciding with a period of significant changes within the AI industry, including leadership shifts at OpenAI and Musk’s subsequent departure from the company. Musk’s venture into AI with xAI and the launch of Grok underscore the escalating competition in this sector. Grok stands at the cusp of potentially transforming the conversational AI platform landscape.

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Sam Altman Joins Microsoft: A New Era of Innovation Begins

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In a significant development for the tech industry, Sam Altman, a renowned expert in artificial intelligence and machine learning, has officially joined Microsoft. This move signals a strengthening of Microsoft’s commitment to innovation and technology leadership in the digital age.

Satya Nadella, Microsoft’s CEO, warmly welcomed Altman on Twitter, expressing enthusiasm for the expertise and vision he brings to the company. In his tweet, Nadella emphasized that Altman’s deep understanding of AI and machine learning will be instrumental in driving Microsoft’s initiatives forward, particularly in areas like cloud computing, enterprise solutions, and AI-driven applications.

Altman’s career has been marked by substantial contributions to the field of AI, with a focus on ethical and responsible AI development. His work has spanned both academic and industrial spheres, making him a respected figure among peers and industry leaders alike.

At Microsoft, Altman is expected to play a pivotal role in shaping the company’s AI strategy. This includes enhancing Microsoft’s Azure AI capabilities and integrating AI more deeply into Microsoft 365 and other key products. There’s also anticipation that Altman will be instrumental in advancing Microsoft’s sustainability initiatives, leveraging AI for environmental solutions.

The tech community has reacted positively to this news, with many seeing Altman’s appointment as a step towards more innovative and ethically conscious AI development. Analysts predict that his influence will extend beyond Microsoft, setting new standards in the tech industry for responsible AI practices.

Altman’s joining comes at a time when Microsoft is aggressively expanding its AI portfolio, recently marked by significant acquisitions and partnerships. With his expertise, the company is poised to accelerate its growth and redefine the boundaries of what’s possible in AI and technology.

Also Read : Sam Altman Departs from OpenAI Amidst Board Concerns

In conclusion, Sam Altman’s arrival at Microsoft is more than just a high-profile hiring; it’s a testament to the company’s vision for the future of technology, where innovation and ethical responsibility go hand in hand. As the industry watches closely, Microsoft is set to embark on a new chapter of technological excellence and leadership.

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Sam Altman Departs from OpenAI Amidst Board Concerns

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In a surprising turn of events, Sam Altman, the CEO of OpenAI and a prominent figure in the artificial intelligence (AI) arena, has been ousted from his position. The announcement comes following a period of intensive scrutiny and review by the OpenAI board, which expressed concerns over Altman’s transparency in his communications with them.

The decision, detailed in a recent OpenAI blog post, indicates that the board’s confidence in Altman’s leadership waned due to inconsistencies in his communication. This issue reportedly hindered the board’s ability to effectively oversee the company’s operations and strategic direction. “Following a thorough and deliberate review process, the board concluded Mr. Altman was not consistently forthright in his interactions, leading to a loss of trust,” stated the post.

In the wake of this development, Altman has been active on social media, particularly on Twitter, sharing his thoughts and reflections on the situation. His tweets, often reflective and philosophical, have sparked conversations among the tech community and his followers, shedding light on his perspective on the unfolding events.

Apart from his role at OpenAI, Altman has been a key figure in influencing AI policy at the national level. He has actively engaged with government officials, including personal meetings with President Joe Biden and other influential CEOs. Altman’s testimony in a Senate Judiciary subcommittee earlier this year was particularly noteworthy, where he emphasized the need for legislative measures to control the risks associated with AI. His advocacy for a licensing regime for entities developing advanced AI models has been a significant part of his efforts to shape AI policy.

This legislative push aligns with bipartisan efforts in the Senate Judiciary, which introduced a framework in August for an independent licensing system for sophisticated general-purpose AI models. Altman’s involvement in these policy discussions underscores the critical intersection of AI technology and regulatory frameworks.

Also Read: OpenAI Temporarily Suspends ChatGPT Plus Registrations Amid Overwhelming Demand

The departure of Altman from OpenAI marks a significant shift in the leadership of one of the leading organizations in the AI field. It also highlights the complex challenges that companies face in balancing innovation with governance and ethical considerations. As the AI landscape continues to evolve, the role of leaders like Altman in shaping both technological advancement and public policy remains crucial.

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