The new cell phones purchased for Bankman-Fried's parents cannot "automatically photograph the device's users every five minutes as required by the Order," according to a recent court filing.
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Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Top Stories This Week
Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on Twitter data. The entrepreneur suggested that Microsoft mined user tweets to train its AI-powered applications. Musk tweeted that it was “lawsuit time” after reports that Microsoft would cease supporting Twitter across its online social advertising tools. Musk and Microsoft are believed to be at odds over artificial intelligence. The tech billionaire is developing a ChatGPT rival known as “TruthGPT”. Microsoft owns a 49% stake in OpenAI, the company behind ChatGPT.
U.S. Representative Warren Davidson announced plans to introduce legislation to fire Securities and Exchange Commission Chair Gary Gensler. According to the lawmaker, the upcoming bill is meant to “correct a long series of abuses.” Davidson disclosed the plan after the SEC’s latest attempt to revisit the definition of “exchange.” The week wasn’t the best for Gensler. During an oversight hearing, Gensler was heavily criticized for his approach on crypto assets.
Australia installs more Bitcoin ATMs than whole of Asia
Australia surpassed the continent of Asia in terms of the total number of crypto ATMs installed. Since the beginning of 2023, the country has been on a crypto ATM installation spree, climbing from fifth to third position in the rank in January alone. Data from Coin ATM Radar confirms that Australia has kept up the effort to install avenues for fiat-to-crypto conversions, reaching 364 crypto ATMs across the country, behind the United States and Canada.
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Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin.
Bitcoin traders call for calm as BTC price slips 10% in a week
Bitcoin is seeing a "logical and healthy" pullback, commentary states, with $25,000 now a key BTC price line in the sand.
Bitcoin traders call for calm as BTC price slips 10% in a week
Bitcoin (BTC) barely held $27,000 on April 22 as another round of losses left bulls with little firepower.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGiant RSI support retest greets Bitcoin bulls
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD just preserving the $27,000 mark on the day after the Wall Street trading week ended on a sour note.
In contrast to United States equities, which managed to seal modest gains on the day, Bitcoin continued to suffer as analysts warned of a return to nearer $25,000.
With that, BTC/USD was down 10% for the week and 4% in April overall, according to data from monitoring resource Coinglass, amid a dramatic turnaround in fortunes versus much of Q1.
Bitcoin monthly returns chart (screenshot). Source: CoinglassFor popular trader Credible Crypto, however, there was still every reason to hope that the long-term uptrend remained intact.
SafeMoon hacker agrees to return 80% of stolen funds: Finance Redefined
SafeMoon hacker said the exploit wasn't intentional plans to return majority of the exploited funds.
SafeMoon hacker agrees to return 80% of stolen funds: Finance Redefined
SafeMoon hacker said the exploit wasn't intentional plans to return majority of the exploited funds.
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).
Over 30% TikTok videos on crypto investments are misleading: Research
TikTok videos sporting popular crypto-related hashtags — such as crypto, cryptok, cryptoadvice, cryptocurrency, cryptotrading and cryptoinvesting — have cumulatively churned over 6 billion views.
Former US Secret Service Asst. Director: Keep personal info of FTX users private
Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed.
Ethereum is going to transform investing
Expect to see tokenized securities proliferate in the years ahead — along with heavy investments in Ethereum staking pools.
Innovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and DeFi should program in some compliance.
Crypto Biz: EU looks under the hood of Big Tech algorithms, Musk’s TruthGPT and more
This week’s Crypto Biz explores the fast-growing AI market, MicroStrategy’s integration with Bitcoin Lightning Network, and Microsoft's efforts to power AI development.
Dogecoin price limps below a key support after Dogeday turns into a sell-the-news event
Dogecoin suffered a big blow on April 20, popularly known as “Dogeday” thanks to the failed test launch of SpaceX’s Starship rocket and downturn in the broader crypto market.
The SpaceX rocket, which featured the Dogecoin mascot on its side, disintegrated four minutes after its launch. Still, the company’s employees including Elon Musk cheered the failure as they expressed optimism for another test in coming months.
The move comes within a fortnight of Musk’s recent stunt when he momentarily changed Twitter’s logo to the Dogecoin mascot.
The launch had built considerable excitement within the Dogecoin community. DogeDesigner, a graphic designer in the Dogecoin community, tweeted about the rocket launch with eagerness.
However, Dogeday appears to have turned into a sell-the-news event as the DOGE/USD pair lost 11.88% of the day’s high of $0.093 to $0.083.
Dogecoin price limps below a key support after Dogeday turns into a sell-the-news event
Dogecoin suffered a big blow on April 20, popularly known as “Dogeday” thanks to the failed test launch of SpaceX’s Starship rocket and downturn in the broader crypto market.
The SpaceX rocket, which featured the Dogecoin mascot on its side, disintegrated four minutes after its launch. Still, the company’s employees including Elon Musk cheered the failure as they expressed optimism for another test in coming months.
The move comes within a fortnight of Musk’s recent stunt when he momentarily changed Twitter’s logo to the Dogecoin mascot.
The launch had built considerable excitement within the Dogecoin community. DogeDesigner, a graphic designer in the Dogecoin community, tweeted about the rocket launch with eagerness.
However, Dogeday appears to have turned into a sell-the-news event as the DOGE/USD pair lost 11.88% of the day’s high of $0.093 to $0.083.