OpenAI has made a grand entrance, launching the official version of their AI-driven chatbot, ChatGPT, on Apple’s App Store. Accompanied by a whisper of an Android version soon to debut, this move sends ripples through the crypto sphere, sparking considerable interest and activity.

Announced on May 18, the ChatGPT app introduces seamless syncing of user chat history between its web version and the app, even featuring voice input facilitated by OpenAI’s Whisper.

Initially available for iPhone and iPad users in the United States, the company plans to expand to other countries in the forthcoming weeks. 

The announcement has provoked a mild positive stir in the market. The most apparent impact was on Render Token (RNDR), which showed a weekly increase of 41.91%

But beyond immediate market reactions, this launch could shape the future of AI-backed crypto tokens. As AI becomes more ingrained in everyday tech use, AI tokens could witness increased acceptance, potentially leading to amplified market caps and trading volumes.

The world's first-ever "blockchain-enabled" SIM card has been revealed in Shanghai.

Known as a BSIM card, it's actually an integration of a SIM card and a bank card, providing safer and more convenient access to Web3 and Metaverse tech, the next phases in the development of the Internet.

It was developed by Conflux, a world-leading public blockchain developed by the Shanghai Tree-Graph Blockchain Research Institute, in cooperation with China Telecom, China's second-largest telecom operator with over 390 million users.

BSIM card looks pretty much the same as a traditional SIM card, but its storage space is 10 to 20 times larger, and its computing power is 10 times stronger. According to Long Fan, director of Tree-Graph, it can also reduce the risks of being maliciously attacked.

"Using a BSIM card as entry to Web3 helps to improve digital economic management," he added.

Li Anmin, deputy director of the China Telecom Research Institute, said the company plans to promote the use of BSIM cards in digital identification certification, Internet of Things, Metaverse assets management and other applications.

David “JoelKatz” Schwartz, the Chief Technology Officer of Ripple, has stepped forward to confront the lingering suspicions and doubts about Ripple’s relationship with Coinbase, one of the leading crypto exchanges.

Ripple’s Relationship With Coinbase

The accusations, suggesting that Ripple had incentivized Coinbase to list XRP, its native token, originally surfaced in a Bloomberg report from 2018. The story has found renewed life in the wake of Judge Analisa Torres’ latest ruling in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC).

Amidst the resurfacing controversy, a Twitter account called ScamDetective, self-described as an on-chain scam detective, reignited the debate by asking: “How much does everyone think Ripple paid Coinbase to list XRP?''

Schwartz Responds to Allegations 

Schwartz replied to the tweet, conveying his thoughts, and expressing his regret over being unable to share the real story behind Coinbase’s listing of XRP. His cryptic remark has only added more fuel to the speculative fire.

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