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Dominance experienced a significant retreat, which brought some activity to the bottom. Of course, ETH ETF news was also effective in this. Dominance is approaching support. If there is a reaction from here, Bitcoin may break the upper resistance or retest it. (It Was Not Investment Advice) $BTC $ETH
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Leaf fall in OpenAI! Confession from the founder ChatGPT is losing AI security experts. The founders of OpenAI are leaving the company. Here are the details. OpenAI, which managed to attract the attention of the whole world with its ChatGPT chat bot, has been on the agenda with security problems lately. Last week, Ilya Sutskever, who was responsible for the company's technical team, left. Security researcher Jan Leike resigned from OpenAI and made some confessions. Leike, who shared a series of posts on Twitter, made some criticisms about OpenAI. Stating that the company has lost its security culture, the expert researcher stated that security processes remain in the background compared to the success of the products. OpenAI, together with the Superalignment team, aimed to address long-term risks from artificial intelligence. However, with Leike's departure from the company, Superalignment announced that its team was disbanded. This shows that more security risks are on the way. Leike, one of the co-founders of OpenAI, was one of the pioneers in safe artificial intelligence. However, he admitted that the security research team's priority had been reduced. He also said he had been at odds with the company's priorities for a while. This incident at OpenAI has caused us to rethink how companies take security measures in the field of artificial intelligence. Especially after models such as GPT-4o, these differences have become a matter of curiosity.
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NVIDIA Earnings Report May Increase AI Token Prices. NVIDIA is seeing growing interest in Artificial Intelligence (AI) and Decentralized Physical Infrastructure Network (DePIN) cryptocurrencies, according to the tech firm's previous earnings results. AI and DePIN tokens, which are among the top 5 assets in their categories by market capitalization, are expected to see the impact of this week's news and updates. OpenAI's announcements, Microsoft and Google's AI-related updates, and partnerships/agreements within the ecosystem have catalyzed gains in these tokens, increasing interest in the AI and DePIN sector. The top 5 tokens in each category, including mainstream ones, are: Internet Computer (ICP), Fetch.ai (FET), Render (RNDR), The Graph (GRT), Bittensor (TAO), Arweave (AR), Filecoin (FIL). ) and Theta Network (THETA). While five of these eight projects experienced a slight correction on Monday, the remaining three had moderate increases in prices. Expectation among market participants continues to rise ahead of NVIDIA's earnings announcement. AI and DePIN projects have experienced a strong uptick with AI industry updates and announcements over the past few months. Crypto analysts evaluated the #AI and #DePIN. token categories. It identified those with the closest ties to NVIDIA. The analyst noted that RNDR connects users to Graphics Processing Unit (GPU) holders for digital rendering and offers them tokens for processing jobs. This makes operations efficient and the project is one of the first giants in the industry. Bittensor (TAO) rewards Machine Learning (ML) models with TAO tokens. It contributes to transparency and supports innovation in the AI industry. Analysts consider TAO as one of the AI giants.
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The Head of the Global Drug Empire, Where the Owner of the Incognito Market Using Bitcoin (BTC) was Allegedly Arrested, Has Been Revealed. In a major step against illegal online activity, federal prosecutors have charged a young Taiwanese man with operating one of the largest illicit drug marketplaces on the dark web. This marketplace, Incognito Market, facilitated drug dealing worth over $100 million according to reports, highlighting the vast scale of the business. “This case underscores our commitment to pursuing criminals who seek to exploit the anonymity of the dark web to carry out their illegal activities,” said U.S. Attorney Damian Williams. Founded in 2020, Incognito Market has become a hub for the sale of various illegal drugs under the veil of anonymity provided by the dark web. Sophisticated e-commerce features such as customer service and advertising mimicked legal online marketplaces, making it a popular but illegal platform. The operation of the Incognito Market was marked by a high level of organization and the use of encrypted channels to evade law enforcement detection. The platform facilitated the sale of hard drugs such as heroin and cocaine, processed through secure and anonymous transactions. The indictment of Rui-Siang Lin, the operator of the alleged business, reveals a significant success in law enforcement efforts to penetrate these hidden corners of the internet. Investigating and prosecuting dark web activity poses significant challenges due to anonymity and encryption that protect users' identities. However, through coordinated efforts and the use of advanced technology, authorities can now monitor and neutralize these digital strongholds. Incognito Market's case serves as a testament to the evolving strategies law enforcement agencies use to effectively combat cybercrime.
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Will Ethereum ETFs be approved this week? After the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs, all eyes turned to applications for spot Ethereum ETFs. Decision week has arrived for spot ETH ETFs. “Will Spot Ethereum ETFs be approved?” The question will finally be answered this week. The SEC, which has constantly postponed the evaluation of spot ETH ETF applications to date, has to make a rejection or approval decision on two applications within this week. The regulatory authority will announce the final decision regarding spot ETF applications made by VanEck on Thursday, May 23, and ARK Invest on Friday, May 24. In addition to these two companies, many other companies, including #BlackRock and #Grayscale , also have spot ETH ETF applications. But the SEC doesn't have to announce its decision on them this week. However, it is thought that the two decisions the SEC will make this week will shed light on the decisions it will make in the future. #Cryptocurrency and #ETF experts do not seem to be as hopeful about spot Ethereum #ETFs as they are about spot Bitcoin ETFs. SEC Chairman Gary Gensler's cold view of cryptocurrencies and the fact that Ethereum is seen as a security rather than a commodity strengthens the idea that these applications may be rejected. The fact that there is less political support behind Ethereum compared to Bitcoin also supports this idea. $ETH
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