Rob Verger, Assistant Tech Editor at Popular Science, joins Cheddar to discuss the growing popularity in bitcoin. As of Tuesday morning, the cryptocurrency was inching towards trading at $12,000.
There is a lot of risk and volatility within this market, and Verger says if you're investing money, it's at your own risk. Since there is no central entity overseeing bitcoin, it's hard to regulate what it trades at. Verger says blockchain and the technology behind bitcoin won't ever change, but the value of its worth will.
Plus, there are concerns over liquidating bitcoin. He talks about buying and selling through an exchange, and the risk of that exchange not having the funds to back investments. It's edging closer to mainstream, and the technology behind the currency is becoming stronger and stronger.
Cheddar News catches up with Payal Thakkar, EY Advanced Manufacturing and Mobility Cybersecurity Leader, at SXSW to break down how cyberattacks are evolving, what solutions are out there to battle these attacks, and give advice for staying ahead of cyberwarfare.
OpenAI has released a fourth version of ChatGPT, called GPT-4, that understands images. This means it can look at a photo and provide general information about what's in it.