NEWSLETTER
Top news this week
Bitcoin white paper is apparently hiding in Apple’s modern macOS
Satoshi Nakamoto’s original white paper presenting the Bitcoin network thesis apparently lurks inside every modern version of the operating system for Apple’s Mac computers. An April 5 blog post by technologist Andy Baio revealed that a PDF of the Bitcoin white paper “apparently shipped with every copy of macOS since Mojave in 2018.” Baio told Cointelegraph that he was trying to fix his printer and scan a document when Nakamoto’s white paper first appeared. He created a Terminal message that allows others to easily access the white paper.
Binance Australia Derivatives license canceled by securities regulator
The Australian Securities and Investment Commission has terminated Binance Australia Derivatives’ license following a specific review of its operations in the country. The company’s clients will not be able to increase derivative positions or open new positions with the platform from April 14, and existing derivative positions must be closed by April 21. The Australian securities regulator also revealed that it has been conducting a targeted review of Binance’s financials. service business in Australia, including its classification of retail and wholesale customers. Spot trading on Binance is still available to Australian residents.
FTX’s philanthropic donations have created a complex dilemma for recipients
FTX’s philanthropic arm had pledged $1 billion in grants for research scholars at prestigious universities. However, his team resigned after FTX filed for bankruptcy on November 11, 2022. Now, many academics and researchers who were the first to receive the grant are now stuck in limbo over paying out more grants for their programs. , while many study at FTX. grant were forced to drop out of their courses for fear of repayment. FTX Future Fund grants focused on research projects for the safe development of artificial intelligence, catastrophic biohazard reduction, institutional enhancement, economic growth, high power relationships, and effective altruism, among many others. others.
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Elon Musk changes Twitter icon to Doge after seeking dismissal of lawsuit
Twitter’s traditional pet bird it was replaced on April 3 with an image of a Shiba Inu, the icon of the popular Dogecoin token meme. The update came two days after the social media platform’s CEO, Elon Musk, asked a US judge to throw out a $258 billion lawsuit brought by investors alleging the operation of a pyramid scheme. to promote Dogecoin. Musk’s lawyers, however, argue that “funny images” and “supportive words on Twitter” do not amount to a claim of fraud. As for this week, the marketing move had a positive impact on the altcoin’s price, with the DOGE token surging over 22% within an hour of the icon being changed.
US Bitcoin Reaches Tentative Agreement to Reopen Niagara Falls Mining Facility
Cryptominer US Bitcoin Corp has has reached a tentative agreement with the city of Niagara Falls that will allow it to reopen its local mining operation, according to news reports. A state supreme court judge ordered the closure of its plant in early March. The deal still requires city council approval. Under the potential settlement, the company will have to pay $150,000 in fees to the city and $180,000 to reimburse legal costs and new application fees, plus a $1 million penalty. US Bitcoin Corp must also implement measures to reduce noise at the plant, including the construction of a noise-dampening wall and submission to third-party monitoring.
Winners and losers
At the end of the week, Bitcoin (BTC) I sat down $27,928Ether (ETH) in $1,857 and XRP in $0.51. Total market capitalization is $1.18 trillion, according to CoinMarketCap.
Among the largest 100 cryptocurrencies, the top three altcoin gainers of the week are Injective (INJ) at 21.19%, Enjin coin (ENG) at 17.75% and Basic Attention Token (BAT) at 9.19%.
The top three altcoin losers of the week are the Mask Network (FACE MASK) -15.39%, stacks (STX) at -14.84% and Arbitrum (ARB) -13.88%.
To learn more about cryptocurrency prices, be sure to read Cointelegraph’s market analysis.
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most memorable quotes
“Creators deserve to be rewarded for the use of their original work by artificial intelligence engines attacking the style and tone of not only journalists but (…) musicians, authors, poets, historians, painters, filmmakers and photographers.
miguel millerCEO of News Corp Australia
“The objective of a CBDC within the framework of the payment system in Peru is to give access to digital payments to the unbanked population.”
“How can we monitor companies that have no physical borders? We need to think more about how (international coordination) can be effective in regulating the world of cryptocurrencies.”
Elizabeth McCaulmember of the supervisory board of the European Central Bank
“As investors adjust to volatility, they diversify their portfolios and add more innovative products. Even with a tumultuous year in crypto, interest hasn’t completely cooled.”
Brown Harriman Brothers
“The possibilities that Web3 can offer are vast and only limited by our own imagination.”
haider rafiqueOKX Global Marketing Director
“AI technology and its effects on privacy is a priority for my office. (…) We need to keep up to date, and anticipate rapid technological advances”.
Philip Dufresneprivacy commissioner of canada
prediction of the week
Bitcoin rests at $28K as US jobs data prompts fresh Fed rate hike bets
Bitcoin price is still hovering around $28,000 at the end of the week, as the BTC/USD pair avoided volatility in the previous days. The highly anticipated US Nonfarm Payroll numbers came in slightly below expectations on April 7, indicating that unemployment is rising more slowly than anticipated.
The data also raised market expectations that the Federal Reserve would persist in raising interest rates to combat inflation, at the expense of the performance of risky and crypto assets.
Michaël van de Poppe, founder and CEO of the trading company Eight, summed up his expectations. “Bitcoin remains in a dull state of mind. Consolidating for weeks, while the old altcoins are surging,” he noted. “I am still seeking support here, through which $27,600 is needed to sustain itself. If that is lost, it seems likely between $25,000 and $25,400. Hold here via NFP -> $30,000 below.”
FUD of the week
US state regulators announce $10m deal with Robinhood ‘for bankrupt investors’
The California Department of Financial Protection and Innovation announced a settlement with cryptocurrency and stock trading platform Robinhood that involves a payment of up to $10.2 million in penalties “for operational and technical failures that harmed major investors.” The platform suffered a series of system outages in March 2020, resulting in users missing trades while many of its services were unavailable. The platform outages led some affected users to file a class action lawsuit against Robinhood. The US Financial Industry Regulatory Authority also penalized the company approximately $70 million for causing “widespread and significant harm” to thousands of users.
Sentiment recovers $870K after negotiations with hackers
Loan Protocol Sentiment managed to recover more than $870,000 in stolen funds by offering the hacker a reward worth $95,000. The protocol was exploited on April 4, with losses close to a million dollars. In a transaction on the Arbitrum blockchain, Sentiment sent a message to the hacker offering $95,000 if the funds were returned by April 6 and urging the hacker to “do the right thing.” Community members criticized cryptocurrency companies for not taking bug bounties seriously and praised the hacker’s efforts to “take them by force.”
OpenAI faces Canadian privacy investigation alleging collection of personal information
OpenAI, the creator of the artificial intelligence chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for allegedly collecting and using personal information without consent. Canada’s investigation comes as Germany, France, Ireland and Spain contemplate possible action against AI following a temporary block on ChatGPT in Italy. In the United States, the Center for Artificial Intelligence and Digital Policy (CAIDP) filed a complaint on March 30 with the Federal Trade Commission in an attempt to stop the rollout of powerful AI systems for consumers.
Best Cointelegraph Features
Cryptosecurity audits and bug bounties are broken: here’s how to fix them
Christos A. Makridis argues that the most popular Web3 auditing companies are not always the ones that tell projects things they don’t want to hear.
Bitcoin in Senegal: Why does this African country use BTC?
From the ashes of scams, meddling by foreign interests, and traffic jams, a country evolves into a thriving Bitcoin circular economy.
NFT Creator The Sarah Show: Analog childhood meets fast-paced digital future
The Sarah Show takes people out of the present moment and creates a different experience of time through highly distinctive art.
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