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Top Conversations on Crypto Twitter Last Week: OpenAI’s ChatGPT can exploit Smart Contracts!

In this brand new series, we at CoinDCX want to keep you abreast of everything that has been happening on Twitter, crypto and everything in between. This past week has mostly been all about the new AI chatbot built by the artificial general intelligence firm OpenAI – called ChatGPT and how it was able to exploit a solidity based smart contract. Fun stuff!

The overall crypto market managed to stay more or less sober – not having lost too much, but didn’t manage to gain too much either. Other than that, for the first time since the collapse of the FTX crypto exchange – its once-popular founder Sam Bankman-Fried finally broke his silence in a TV interview – and almost immediately, crypto Twitter went to town with it. Let’s take a look!

Monday – 28 November

In a major news story – former president of the TIME magazine – Keith Grossman announced that he was leaving his position at the media giant to take up a new position. While the resignation alone wouldn’t be too much of a news, other than the fact that he left TIME to join crypto payments startup MoonPay as the President of Enterprise!

This is a pretty notable jump, but not surprising since Grossman was in fact at the forefront of TIME magazine’s efforts to introduce the world of crypto in the form of NFTs and metaverse to the magazine!

On the same day – a report from Glassnode highlighted a new point that could possibly indicate some kind of bottoming out of the market, and Bitcoin in particular.

Bitcoin Shrimps aka those holders who hold less than 1 BTC in their holdings – have touched a new high in their figures. Since the collapse of the FTX crypto exchange, this cohort of investors added 96.2k BTC to their holdings – bringing their total to about 1.21 million BTC – which amounts to nearly 6.3% of all the Bitcoin supply in the world. Not bad!

Read more: Bitcoin Hash Rate Weekly

Tuesday – 29 November

On this day – the government of India launched the retail pilot program of its central bank digital currency (CBDC) as a part of its efforts to bring about a digital revolution in the country. Slated to go live on 1 December, 2022 – the retail pilot was to be done with the intention of testing the robustness of the entire program and distribution and retail usage in real time.

Wednesday – 30 November

This day marked the beginning of a fresh new trend on Twitter – when the artificial intelligence firm OpenAI opened its AI chatbot – named ChatGPT to the public to try out – and boy did it go well. The microblogging site went crazy with memes and doomsday predictions but safe to say, ChatGPT now had the world’s attention.

Thursday & Friday – 1-2 December

Soon after the launch of OpenAI’s ChatGPT – it went viral and for good reason. To not stray away from the topic here, let’s just stick to crypto Twitter and we saw one of the most striking capabilities of ChatGPT come to the fore.

More importantly on this day the founder of the FTX crypto exchange – Sam Bankman-Fried, finally faced the camera and turned up for an interview to speak his thoughts on the devastating collapse that led to so many people losing billions of dollars worth of cryptos on the exchange. The interview was hosted on the Good Morning America (GMA) show where SBF sat down with George Stephanopoulos – the host of the show.

And quickly after, the entire crypto community on the microblogging platform had something to say about SBF.

Mostly, not so good things.

For example, Jesse Powell, co-founder and CEO of Kraken exchange – had his two cents to share about the interview.

On the same vein, but a while before – there were some who were willing to back SBF – with people all the way from Bill Ackman to Mr. Wonderful himself!

Alongside the FTX collapse story and SBF’s interview – we had another corporate tussle brewing within the ranks. Coinbase, which is arguably the second largest centralized crypto exchange by trading volumes – and is even listed on the US stock exchange – took to Twitter to lambast Apple on its 30% fee cut – popularly known as Apple Tax. “Apple Tax” is a slang term for the commission fee Apple charges for the use of its App Store and in-app payment system – this is a system where all kinds of subscriptions on the apps listed on the App store are subject to a 30% surcharge.

And Coinbase left no stone unturned to make its opinions known.

Saturday & Sunday – 3-4 December

The weekend – for a change – went by without too much of a hitch. People were too engrossed in trying out OpenAI’s ChatGPT for themselves. Have you tried it yet?

And – the weekend saw the ETHIndia program go underway which saw strong participation from all across the board!

Not to mention, the event had some humor in it too!

Read more: 12 Key Crypto Moments of 2022

Tuesday – 6 December

The day began with a major positive piece of news. According to crypto news publication Watcher.Guru – the United Kingdom has finalized its plans to regulate crypto.

Also a report from major newswire source, Reuters suggested that American investment banking giant Goldman Sachs was preparing to pour in tens of millions of dollars into crypto companies, following the catastrophic collapse of the FTX crypto exchange.

Wednesday – 7 December

The ChatGPT fever was still running high as Binance’s Changpeng Zhao also took to Twitter and joined the bandwagon!

Catch the latest crypto news updates daily on CoinDCX blog

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