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Web2’s Lesson for AI: Decentralize to Protect Humanity
14.4.2023
In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk's chief content...
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
AI Boosters Would Sacrifice Humanity for a Simulacra - as Long as They're in Control
14.4.2023
AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity
Crypto Derivative Volumes Rose in March for Third Straight Month
14.4.2023
A report noted an increase in spot DEXs offering derivatives trading on their platforms
Reddit to the Moon, Razer Stays Sharp
14.4.2023
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
14.4.2023
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf
Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike
14.4.2023
The 6,000% increase in taxes per kilowatt hour of energy will likely kill any potential bitcoin mining investments in the country
Biggest Movers: ADA Surges to 7-Month High, as XRP Extends Recent Gains
14.4.2023
Cardano rose to its highest level in seven-months on April 14, as cryptocurrency markets remained bullish. The global crypto market cap rose by as much as 2.25% on Friday, with bitcoin moving above $31,000. Xrp was another notable gainer, as the token hit a two-week high. Cardano (ADA) Cardano...
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
14.4.2023
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation
Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor
14.4.2023
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a “highly speculative investment” with no intrinsic...
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
14.4.2023
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
14.4.2023
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
14.4.2023
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate
How CoinDesk Will Use Generative AI Tools
14.4.2023
AI tools for generating content are changing the way we work – especially the media. Here are the rules of the road for CoinDesk
Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody
14.4.2023
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability
Elon Musk Tweet Spurs 7% Aptos Price Surge
14.4.2023
Aptos (APT) surged by 7.4% on Friday after Twitter CEO Elon Musk tweeted “AI APT OTT!” before deleting it one hour later
Chia Network Submits Registration to U.S. SEC For Proposed IPO
14.4.2023
The size and price range for the offering has yet to be determined
First Mover Americas: Ether Steals the Show, Alts Follow Suit
14.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Nears $31,000, as ETH Hits 11-Month High
14.4.2023
Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum extended recent gains, hitting an eleven-month high...
World's Most Influential Central Banks' Balance Sheets Look to Have Troughed
14.4.2023
The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year