Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs. Source: https://cointelegraph.com/news/tradfi-execs-say-crypto-derivatives-will-play-larger-role-in-bitcoin-s-future
Month: May 2024
OpenAI, Meta Disclose Their AI Tools Were Used for Political Disinformation
Both OpenAI and Meta this week revealed details about persistent nefarious campaigns by actors linked to China, Israel, Russia and Iran, which they’ve determined used their respective services to spread disinformation and disrupt politics in the U.S. and other countries. In its latest quarterly threat report issued on Wednesday, Meta emphasized that generative AI is still easy to detect in…
Guild of Guardians Tops NodeMonkes in Daily NFT Sales
Immutable’s Guild of Guardians Avatars overtook NodeMonkes to claim the top spot on CryptoSlam’s daily non-fungible token sales charts on Thursday. The Immutable game-linked collection led NFT sales with a daily volume of $828,697, representing a 19% increase from $696,862 the previous day. NodeMonkes, a Bitcoin-based collection that topped Wednesday’s sales, fell to third place with sales dropping to $756,950…
EOS Network approves new tokenomics, promises ‘new era’
EOS is shifting to a fixed supply of 2.1 billion tokens and introducing halving cycles amid ongoing community skepticism and past regulatory challenges. Source: https://cointelegraph.com/news/eos-network-new-tokenomics-promises-new-era
Coinbase Accuses SEC of ‘Purposeful Effort to Destroy’ Crypto
In its efforts to clarify new rules for the crypto industry, Coinbase on Friday accused the U.S. Securities and Exchange Commission (SEC) of trying to smother an emerging industry. In a court filing, America’s leading crypto exchange described a “Catch-22” that U.S. crypto firms are confronted with. At the same time the SEC is calling on crypto firms to come…
Bitdeer Announces $100 Million Investment From Tether
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge Partnership With $100 Million Share Purchase Tether has acquired $100 million […] Source: https://news.bitcoin.com/bitdeer-announces-100-million-investment-from-tether/
Japanese exchange DMM loses $305M in Bitcoin via private key hack
The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended. Source: https://cointelegraph.com/news/japanese-exchange-dmm-loses-bitcoin-private-key-hack
Make meth, napalm with ChatGPT, AI bubble, 50M deepfake calls: AI Eye
Meth recipes with ChatGPT ‘Godmode’, robot dogs with machine guns, AI will need 256% of global compute, is AI the new dotcom bubble? AI Eye Source: https://cointelegraph.com/magazine/meth-chatgpt-jailbreak-ai-bubble-50m-deepfake-calls-singularitynet-ai-eye/
Tether Invests $100 Million in US-Listed Bitcoin Miner Bitdeer
Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group (NASDAQ:BTDR), a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to buy an additional $50 million in shares within a year. The companies signed a subscription agreement for a private placement of 18.6 million Class A ordinary shares, raising $100 million…
Japanese Exchange DMM Bitcoin Hacked for $308 Million
Japanese crypto exchange DMM Bitcoin announced on Friday that over $300 million worth of Bitcoin was stolen from its primary wallet, in what appears to be one of the digital asset industry’s largest hacks in years. Around 1:30 pm local time, the company said, it noticed that some 4,503 BTC—worth about $308 million at the time—”illegally leaked” from its wallet.…