Job market in the United States123:
-In January 2024, 353,000 jobs were created, which is twice as many as expected.
-The unemployment rate remained stable at 3.7%.
However, some indicators are showing signs of weakness. For example, the average working week has fallen to its lowest level since the 2020 recession.
- In February 2024, the job market showed signs of slowing, but the unemployment rate remained low at 3.6%.

Impact on the private real estate market67:
The residential real estate market in the United States is estimated to reach USD 2.53 billion in 2023 and is expected to reach USD 2.80 billion by 2028.
-The years 2020 and 2021 have seen a home-buying frenzy in the United States, with historically low interest rates, double-digit price increases, low housing supply and bidding wars.
-However, in 2022, skyrocketing mortgage rates, increasing monthly payments and loss of purchasing power have virtually paralyzed the market
-.The slowdown in sales that began in February 2022 is expected to continue into 2023 as buyers face high mortgage rates, limited housing supply and continued high house prices.

The office rental crisis in San Francisco

The San Francisco office rental market is going through a tough time. The vacancy rate reached a record high of 34.0% in the third quarter of 2023, up from around 24.8% in the first quarter of the same year. Net absorption is negative, meaning more office space is being vacated than is being rented. Additionally, the average direct request rate has decreased. These factors, combined with an increase in tenant demand that has reached its highest level in 3.5 years, could indicate a recession in the office rental market.

According to a CBRE study

-Renter demand reached a 3.5-year peak, but the vacancy rate continued to rise.
-Vacancy rate was 34.0%. SF net absorption was -1.85 million square feet.
-The current construction was 350 KSF.
-Total tenant demand in the market reached 5.2 million square feet at the end of the third quarter of 2023, an increase of 86% since the fourth quarter of 2022.
-The market vacancy rate ended the third quarter of 2023 at 34.0%, up 1.85 million square feet of negative net absorption.
-Market availability rate ended the quarter at 37.4%. Average direct inquiry rate decreased to $71.70 FSG per year, 2.6% lower than Q2 2023 and 6 .4% less than the third quarter of 2022.
-Total leasing activity was 981,000 square feet in the third quarter of 2023.
-Office employment in San Francisco stood at 346,500 in the third quarter of 2023, a slight decrease from the 347,500 reported in the second quarter of 2023.
-Six sales transactions were completed in the third quarter of 2023, including three buildings in the central business district that sold for less than a third of their pre-pandemic value.

A team of scientists has confirmed with unprecedented precision a fundamental hypothesis of physics, the equivalence principle. This principle states that all properties of mass are always the same relative to each other. If this were not the case, it would contradict Einstein's theory of relativity.
By analyzing 50 years of Lunar Laser Ranging data, the team found no effects that would contradict the equivalence principle. This means that the passive and active gravitational masses are equal to approximately 14 decimal places.
Simply put, these scientists used very precise data to confirm that Einstein's theory of relativity is correct, despite some conflicting predictions from quantum theory.

Resume Matcher

Resume Matcher is an AI Based Free & Open Source Tool. To tailor your resume to a job description. Find the matching keywords, improve the readability and gain deep insights into your resume.

#AI #Artificial_Intelligence #OpenAI's #LLMs

Republic announced the launch of the Republic Note on Avalanche, its novel profit-sharing digital asset, as part of its mission to democratize access to private investments.
1️⃣ The Republic Note accrues profits generated by Republic’s portfolio of 750+ private assets and distributes them to holders’ wallets via stablecoins.
2️⃣ The Avalanche Foundation’s Vista program is proud to support the Republic Note as one of the many investors.
3️⃣ R/Note is set to be listed for secondary market trading through the Avalanche-powered trading platform INX on December 6.
Learn more about why Republic chose the Avalanche network for its speed, scalability, and customizability:
https://www.avax.network/blog/republic-selects-avalanche-for-its-profit-sharing-digital-asset

#avax #AvalancheAVAX #avalanche

Binance Pilots Banking Triparty Agreement to Help Institutional Investors to Manage Counterparty Exposure

This first-in-crypto solution replicates traditional finance framework enabling institutions to fulfill risk management obligations by pledging fiat or fiat equivalent trading collateral with banking custodians
DUBAI, UAE, Nov. 30, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is pleased to announce it has successfully executed the world's first cryptocurrency triparty arrangement with a third party banking partner.
This solution enables institutional investors to keep trading collateral, off-exchange in the custody of a third party banking partner. This is the first in a series of pilot projects initiated by Binance, which is currently the only cryptocurrency exchange offering such a solution.

This arrangement directly tackles the issue of counterparty risk, the primary concern for institutional investors today. It replicates a framework common in traditional financial markets, which enables investors to proportion their crypto-asset allocation based on their risk tolerance. Collateral held with the banking partner can be in the form of fiat equivalent such as Treasury Bills which has the added benefit of being a yielding asset.

Catherine Chen, Head of VIP and Institutional at Binance, said, "Counterparty risk has long been a concern of institutional investors across the industry. Our team of crypto natives and traditional finance professionals has been exploring a banking triparty agreement for more than a year to address their concern. We've developed a solution that ensures our institutional clients can optimize their collateral and cryptocurrency investments, modeled after the traditional markets' trading conduct. We are in close discussions with an array of banking partners and institutional investors who have also expressed strong interest in participating."

#BinanceTrends #BinanceFinanceWeek #Binance

jaq

jaq (pronounced like Jacques1) is a clone of the JSON data processing tool jq. jaq aims to support a large subset of jq's syntax and operations.
jaq focuses on three goals:
Correctness: jaq aims to provide a more correct and predictable implementation of jq, while preserving compatibility with jq in most cases.
Examples of surprising jq behaviour
Performance: I created jaq originally because I was bothered by jq's long start-up time, which amounts to about 50ms on my machine. This can particularly show when processing a large number of small files. jaq starts up about 30 times faster than jq 1.6 and outperforms jq also on many other benchmarks.
Simplicity: jaq aims to have a simple and small implementation, in order to reduce the potential for bugs and to facilitate contributions.
I drew inspiration from another Rust program, namely jql. However, unlike jql, jaq aims to closely imitate jq's syntax and semantics. This should allow users proficient in jq to easily use jaq.
link : https://github.com/01mf02/jaq
#AImodel

#LLM #OpenAi #LLM

Sam Altman returns as CEO, OpenAI has a new initial board

Mira Murati as CTO, Greg Brockman returns as President. Read messages from CEO Sam Altman and board chair Bret Taylor.

Message from Sam to the company
I am returning to OpenAI as CEO. Mira will return to her role as CTO. The new initial board will consist of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo.
I have never been more excited about the future. I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry. I feel so, so good about our probability of success for achieving our mission.
Before getting to what comes next, I’d like to share some thanks.
I love and respect Ilya, I think he's a guiding light of the field and a gem of a human being. I harbor zero ill will towards him. While Ilya will no longer serve on the board, we hope to continue our working relationship and are discussing how he can continue his work at OpenAI.

#OpenAI's #ChatGPT. #AImodel

MLB and Formula 1 face fraud suits for promoting FTX

FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula One racing and Mercedes-Benz Group’s racing team.

Investors’ lawyers sued MLB — the first major sports league to sign a promotional deal with FTX in 2021 — and the other entities in U.S. federal court in Miami on Monday, accusing them of "aiding and abetting and/or actively participating in the FTX Group’s massive, multi-billion-dollar global fraud.” At one point, MLB umpires wore FTX patches on their sleeves.

#FTX's #FTXCase

October Customer Support Security Incident - Update and Recommended Actions

In the wake of the security incident Okta disclosed in October 2023 affecting our customer support management system (also known as the Okta Help Center), Okta Security has continued to review our initial analysis shared on November 3, re-examining the actions that the threat actor performed. This included manually recreating reports the threat actor ran in the system and the files the threat actor downloaded. 
Today we are sharing new information that potentially impacts the security of our customers. 
We have determined that the threat actor ran and downloaded a report that contained the names and email addresses of all Okta customer support system users. All Okta Workforce Identity Cloud (WIC) and Customer Identity Solution (CIS) customers are impacted except customers in our FedRamp High and DoD IL4 environments (these environments use a separate support system NOT accessed by the threat actor). The Auth0/CIC support case management system was also not impacted by this incident. 

#security🔒 #SecurityBreach #security

Last week, the Bitcoin market continued to decline despite the fact that both short- and long-term investors are holding more profitable supplies than during the recent correction in September. Bitcoin opened at a high of 59,339 and reached the lowest price in the month ofˋ53569. This continues the price correction that has been in play for most of November.

#BTC #Binance #Bitcoin2024 #NFTMarketTrends #DeFiImpact

Beware as Trading Platforms Launch Web3 Wallets, Intensifying Cryptocurrency Fraud Risks

The integration of Web3 wallets by mainstream trading platforms like OKX and Binance signals a blending of Centralized Finance (CeFi) and DeFi. This integration, while streamlining user experience, raises concerns about increased fraud risks. Two fraud cases within these integrated wallets are highlighted:
Fake BNB Yield Fraud:
Fraudulent groups impersonate exchange personnel, promoting a fake mining pool contract.Users deposit ETH, expecting BNB returns. However, the contract returns unexchangeable fake tokens.
Holding USDT Mining L1 Token Scam:
Perpetrators promise high returns in stablecoin mining in exchange for holding USDT.Users interact with maliciously authorized contracts, leading to opportunistic theft.
Conclusion:
Bitrace calls for enhanced user education on on-chain security and risk investigation.Suggested measures include tutorials, restricting functionalities for new users, and integrating third-party threat intelligence for a safer crypto environment.

#security🔒 #Binance #Web3Trends

Computer Hardware Required to Run LLaMA AI Model Locally (GPU, CPU, RAM, SSD)

#AI #LLMS #Llama #OpenAI #ChatGPT.

my work on Binance NFT marketplace
#NFTs💌🖼️🇩🇪 #NFTMarketTrends #Binance

Square Enix has announced the launch of its first NFT game on Ethereum. Symbiogenesis with a total of 500 character NFT.
This narrative game is scheduled for launch in December.

#ETH #EthereumHigh #Ethererum #NFTs💌🖼️🇩🇪

Lethal Integration: Vulnerabilities in Hooks Due to Risky Interactions

As highlighted in our previous article, over 30% of projects in the Awesome Uniswap v4 Hooks repository exhibit vulnerabilities. We'll focus on two critical aspects:
- Flawed Access Control: Proper access controls are crucial for secure Hook-PoolManager and Hook-Internal interactions.
Improper Input Validation: Inadequate validation of registered pools can create attack vectors.

Vulnerability Analysis:
-Flawed Access Control:Hook-PoolManager Interaction: Strict access controls must be enforced on callback functions to prevent exploitation by malicious actors.Hook-Internal --Interaction: The absence of restrictions on internal function calls poses a vulnerability.

Exploitation & Mitigation:
Use poolManagerOnly and selfOnly modifiers to control access.Exploitation examples highlight the need for stringent access controls to avoid unexpected behaviors.
Improper Input Validation:Proper Access Control: Use poolManagerOnly and selfOnly modifiers to restrict access to sensitive functions.Reentrancy Lock: Consider implementing a reentrancy lock to prevent malicious logic from re-entering sensitive functions.Whitelisting Approach: Admin approval for whitelisted pools can enhance security but limits functionality.
Conclusion:
Hooks in Uniswap v4 may have vulnerabilities in access control and input validation. Developers must balance security and functionality, understanding every line of their contracts for safety.

#UniswapIncomeFlow #UniswapSecurityWarning #binance #security🔒

Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount

A London-based NatWest bank ATM caused a commotion as customers hurried
to withdraw cash due to a malfunction. The machine dispensed double the
requested amount, prompting people to line up for the unexpected
windfall. A NatWest representative attributed the glitch to a one-off
manual error, which has since been rectified. It's uncertain if those
who received extra cash will keep it, raising the possibility of legal
action by the bank under the Theft Act 1968. This incident follows a
previous glitch in September when NatWest customers reported missing
deposits, swiftly resolved by the bank. NatWest, one of the UK's largest
banks, has 960 branches and 3,400 ATMs nationwide.

#bug #atm #BTC期货 #Bitcoin2024

A Spanish agency became so sick of models and influencers that they created their own with AI—and she’s raking in up to $11,000 a month
#AI #AIpredictions #OpenAI #LLMs

Everyday I draw #NFTs💌🖼️🇩🇪 #art #NFTMarketTrends #NFTComeback follow me for more