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🚀 Musk threatens to ban Apple devices if OpenAI is integrated, citing security concerns. Meanwhile, Greenpeace campaigns for Bitcoin to switch to a greener proof-of-stake model. Terraform Labs agrees to pay a whopping $4.47B to settle with SEC. Roaring Kitty buys 4M more GME stocks, sparking rumors of board membership and a price surge. May's institutional investments in crypto hit $1B, with Ethereum leading the pack. Bitcoin, Ether, and XRP end the week with a total market cap of $2.42T. And in a twist, crypto hacks have skyrocketed to $19B in 13 years. Stay tuned, folks! 🍿

🚀 Musk threatens to ban Apple devices if OpenAI is integrated, citing security concerns. Meanwhile, Greenpeace campaigns for Bitcoin to switch to a greener proof-of-stake model. Terraform Labs agrees to pay a whopping $4.47B to settle with SEC. Roaring Kitty buys 4M more GME stocks, sparking rumors of board membership and a price surge. May's institutional investments in crypto hit $1B, with Ethereum leading the pack. Bitcoin, Ether, and XRP end the week with a total market cap of $2.42T. And in a twist, crypto hacks have skyrocketed to $19B in 13 years. Stay tuned, folks! 🍿

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🏁 Crypto and car racing unite! Conor Daly, son of legendary F1 driver Derek Daly, drove a pink Polkadot-branded car in the 108th Indy 500, introducing the DOT brand to a TV audience of 13.3 million. Daly, who started 29th and led for 22 laps, finished 10th and won the biggest mover trophy. 🏎️ Crypto's involvement in motorsports is not new. In 2021, crypto exchanges signed multimillion-dollar sponsorship deals with almost every F1 team. However, Polkadot is the only crypto entity to sponsor the Indy 500 this year. Daly's car sponsorship was approved by the Polkadot community, marking a significant step for decentralized networks in sports sponsorship.
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📉 Ether (ETH) is feeling the heat, folks! Despite a regulatory win for Consensys and the promise of U.S. spot Ethereum exchange-traded funds (ETFs) in the pipeline, ETH is stuck below $3,600. Some say it's due to a lack of institutional demand, others blame it on the Ethereum ecosystem's regulatory uncertainties. Meanwhile, Bitcoin (BTC) is also having a rough time, with investors getting the jitters over the U.S.'s fiscal health. High interest rates and economic indicators like rising wages and an increasing jobless rate are making investors think twice. But don't lose hope, crypto fans! Despite these challenges, the long-term bullish trend for cryptocurrency should continue, as long as the macroeconomic environment remains stable. However, a sharp correction in the S&P 500 could spell trouble. And let's not forget the competition. Ethereum may be leading in DApp volumes, but Solana, Aptos, Celo, and Fantom are hot on its heels. So, will the launch of Ethereum instruments attract significant inflows? Only time will tell. Until then, keep your eyes on the charts and your fingers crossed! 🤞
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🚀 Bitcoin's exchange reserve has hit a 3-year low, with only 2,825,703 BTC left on exchanges! This drop in supply could mean less selling pressure and potential supply shocks. But don't fret, it's not all doom and gloom! The approval of Bitcoin ETFs in the US earlier this year has added to the supply pressure, with big players like BlackRock scooping up a cool 274,000 BTC. Despite a recent dip in inflows, Bitcoin investment vehicles still hold a whopping $73 billion in Bitcoin globally. And if industry experts are to be believed, we're just seeing the first wave of early adopters. So, buckle up folks! With the recent halving event further constraining Bitcoin's supply, we might be in for a wild ride! 🎢
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🚀 OpenAI's former top brains, Ilya Sutskever and Daniel Levy, have teamed up with ex-Y Combinator partner Daniel Gross to launch Safe Superintelligence Inc. (SSI). The new venture aims to advance AI development while ensuring safety and security, free from short-term commercial pressures. This move follows Sutskever and Levy's departure from OpenAI amidst concerns over AI safety. Even Ethereum's co-founder Vitalik Buterin has called AGI "risky". SSI is now on a hiring spree for engineers and researchers. So, if you're into AI and safety harnesses, you might want to send your CV their way!
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📣Binance, the crypto exchange giant, is appealing against a $4.4 million fine slapped on them by Canada's FINTRAC for alleged noncompliance with Anti-Money Laundering and Countering the Financing of Terrorism regulations. Binance claims they didn't target Canadian residents with their services. They're planning a Canadian exit in May 2023, citing a tough regulatory climate. This is separate from other legal tangles Binance is wrestling with globally. Meanwhile, in other news, Polkadot's Indy 500 driver Conor Daly reveals his dad holds DOT. Now that's a crypto-crazy family!
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Τελευταία νέα

Bitcoin(BTC) Surpasses 65,000 USDT with a Narrowed 0.29% Decrease in 24 Hours
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Thirdweb Acquires Blocktorch To Enhance Blockchain Development Stack
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XRP Experiences Mild Decline After Brief Uptrend, Investors Show Increased Interest
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BNB Surpasses 600 USDT with a 3.32% Increase in 24 Hours
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Index Coop Introduces Real World Asset Index Token
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