Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin (4/28/2024)
The potential partnership comes amid increased regulatory scrutiny for both companies.
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Europe needs ‘Airbus for the metaverse’ to become global Web4 leader (4/28/2024)
Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4.
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DOJ Counters Tornado Cash Developer’s Motion To Dismiss – Details (4/28/2024)
The US Department of Justice has released a rebuttal to Tornado Cash developer Roman Storm’s motion to dismiss the criminal charges levied against him by the government. In a filing submitted on Friday, the DOJ rebuffed several arguments made by
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Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets (4/28/2024)
The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC, which provides clearing and settlement services to the financial markets
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Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors (4/28/2024)
Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of
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US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis (4/28/2024)
The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from the Treasury Department’s Debt to the Penny system shows the
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Phoenix Wallet To Disable Services In the US – Here’s Why (4/28/2024)
Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This development comes as the wallet’s founding company, ACINQ, criticizes the regulation of self-custodial wallets in the US. Phoenix Wallet Terminates
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Bitcoin Whale Aggressively Accumulates $282,380,000 Worth of BTC During Correction: On-Chain Data (4/28/2024)
A Bitcoin whale has stacked over $282 million in BTC since late March as the flagship digital asset struggles to find a bottom after hitting all-time highs. First spotted by blockchain tracking firm Lookonchain, an address beginning with “12QVsfA” bought
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Optimism Soars By 17% Despite Recent Security Revelations (4/28/2024)
Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance. Interestingly, OP’s market gain has occurred following a recent disclosure of certain security flaws associated with the popular layer-2 platform. OP Bounces Back Amidst
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Bitcoin Bull Run: Past Its Prime, Or Poised For A Correction? Analyst Raises Eyebrows (4/28/2024)
Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade. In a recent analysis titled “Does history make a case that Bitcoin has topped?”, Brandt throws cold water on the idea of a limitless price
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Bitcoin Daily Transactions Just Hit A New ATH – What’s Driving It? (4/28/2024)
The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can
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Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means (4/28/2024)
A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that if gold continues to do
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Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools (4/28/2024)
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.
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Io.net responds to GPU metadata attack (4/28/2024)
The founder of Io.net will host a livestream on April 28 to demonstrate live cluster creation and calm fear, uncertainty and doubt.
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Tron Founder Justin Sun Gets New Wallet – Here’s What He’s Buying (4/28/2024)
Lookonchain has revealed insights into what might be new transactions by Justin Sun, founder of the TRON blockchain. Whale transactions are very rampant in the crypto industry. It is common practice for on-chain analytics platforms and cryptocurrency investors to keep
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Bullish Litecoin: Mystery Signal Points To $100 Price Explosion (4/28/2024)
Litecoin (LTC) defied the overall sluggishness of Proof-of-Work (PoW) coins this week, climbing 4% to a two-week high of $86 on April 26. This surge has rattled short sellers and ignited a potential short squeeze, with analysts predicting a bullish
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Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team (4/28/2024)
Yuga Labs co-founder Greg Solano says the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) is trimming down its workforce. In a message to employees shared on the social media platform X, Solano says Yuga Labs will
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Wasabi Wallet Halts US Services Following $100-Million Samourai Money Laundering Case (4/28/2024)
ZkSNACKs, developer of privacy-preserving Bitcoin wallet Wasabi Wallet, has announced that users from the United States will be blocked from accessing its products and platforms until further notice. This move has sparked interesting discussions and speculations in the crypto community
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Bitcoin Whale Activity Declining – Why A Turnaround Is Important (4/28/2024)
According to the latest on-chain revelation, the Bitcoin network has been experiencing a steady decline in high-value transactions over the last few weeks. This sluggish activity has been mirrored by the price of the premier cryptocurrency, which has struggled to
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DOJ challenges motion to dismiss Tornado Cash co-founder’s charges (4/28/2024)
According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.
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Bitcoin Could Witness Repeat of November 2020 Parabolic Rally Amid Max Price Compression, Says Analyst (4/28/2024)
A widely followed analyst believes that Bitcoin (BTC) is gearing up for a parabolic surge despite its recent price doldrums. Pseudonymous crypto strategist TechDev tells his 447,600 followers on the social media platform X that conditions on Bitcoin’s two-month chart
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Google Cloud’s Web3 portal launch sparks debate in crypto industry (4/27/2024)
Google Cloud recently launched a Web3 portal with testnet tools, blockchain data sets, and learning resources for developers, and it has received mixed reactions from the crypto industry.
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Phoenix and Wasabi exit US market amid self-custody wallet crackdown (4/27/2024)
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.
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Solana Witnessing ‘Dramatic Increase’ in Investor Allocations This Year, According to New CoinShares Survey (4/27/2024)
Ethereum (ETH) rival Solana (SOL) is seeing a “dramatic increase” in professional investor allocations this year, according to a new survey conducted by the digital assets manager CoinShares. CoinShares polled 64 investors worldwide who cover a combined $600 billion worth
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Bank Employee Hijacks Dead Customer’s Account, Drains $105,000 in Morbid Money Scheme: DOJ (4/27/2024)
A former employee at a commercial bank in the US just pleaded guilty to draining $105,000 from a deceased customer’s account. The US Attorney’s Office for the District of New Jersey says Jorge Nova has pleaded guilty to a count of
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UK Police Secure New Powers To Seize Crypto Assets From Suspects Without Making Arrests (4/27/2024)
Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the UK’s National Crime Agency (NCA) and police, according to a
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This 360 treadmill could make Disney’s metaverse a physical playground (4/27/2024)
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs and “the force.”
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Swiss Central Bank’s Chairman Says He’s Dubious About Holding Bitcoin as a Reserve Currency: Report (4/27/2024)
The chairman of the Swiss National Bank (SNB) reportedly isn’t convinced it’s in his institution’s best interest to hold Bitcoin (BTC) as a reserve currency. While speaking at the central bank’s annual general meeting on Friday, Thomas Jordan argued that
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Top Coinbase Lawyer Asserts That Ethereum Is a Commodity As Consensys Launches ETH-Related Lawsuit Against SEC (4/27/2024)
The chief legal officer of crypto exchange Coinbase says that Ethereum (ETH) is a commodity as decentralized finance (DeFi) firm Consensys launches a lawsuit against the U.S. Securities and Exchange Commission (SEC). In a new post, crypto lawyer Paul Grewal
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Apple reportedly courting OpenAI to develop AI features for iPhone (4/27/2024)
The Cupertino company is also considering a partnership with Google.
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