Introducing ChatBSV... And Goodbye Binance as Exchange Must Leave U.S. Market

Written by:
Aaron Goldstein
Published on:

The BSV blockchain offers one of the better choices when it comes to micropayments, including for sports betting (see Lil Bit).


BSV continues to evolve with the latest example being Artificial Intelligence (AI) and chatbots.

CoinGeek this week examined ChatBSV, which allows users to interact with ChatGPT and image generator DALL-E for a few cents per query.

ChatGPT is a large language model-based chatbot developed by OpenAI and launched on November 30, 2022, that enables users to refine and steer a conversation towards a desired length, format, style, level of detail, and language.

If you’d like to try ChatBSV, it’s as simple as connecting a HandCash wallet and prompting away. The basic version costs $0.01 per query, while the newer “ChatBSV Pro” released last week grants access to GPT-4 and DALL-E ($0.05-0.10 per prompt). The occasional timeout and OpenAI’s frustratingly limited traffic capacity notwithstanding, it’s a much easier way to interact with these tools.

Binance Chief Stepping Down After Pleading Guilty

The CEO of what is believed to be the largest crypto exchange in the world is stepping down.

The head of Binance, Billionaire Changpeng Zhao, plead guilty Tuesday to money laundering charges.

He will also pay $200 million in fines.  Binance has agreed to pay more than $4 billion in fines and other penalties.

Following a years-long investigation, authorities allege Binance allowed bad actors to freely transact on the platform, enabling everything from child sex abuse and narcotics to terrorist financing for ISIS, Al Qaeda and Hamas’s Al-Qassam Brigades.

“Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed – now it is paying one of the largest corporate penalties in US history,” Attorney General Merrick Garland said in a statement.

Binance is also required to exit the U.S. market.

The price of Bitcoin was down 4.4% ($35600 from $37600) over the last 24 hours following the news.

- Aaron Goldstein,

Business/Financial News

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