Top news of the week
FTX EU launches withdrawal website to repay European users
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Tesla CEO Elon Musk and Apple co-founder Steve Wozniak have signed an open letter signed by more than 2,600 technology industry leaders and researchers to motivate further development of artificial intelligence (AI). asked to stop. The petition shared concerns that AI, with intelligence that rivals humans, could pose serious dangers to society and humanity. He called on all AI companies to “immediately stop developing” AI systems stronger than GPT-4 for at least six months. Although supported by many, the petition divides the larger tech community over stopping development.
Binance and CZ sued by CFTC for violating US regulations
The US Commodity Futures Trading Commission has filed a lawsuit against Binance and its CEO Changpeng “CZ” Zhao. The allegations against cryptocurrency exchanges include failure to register with regulators, non-compliant trading, concealment of bureau location, and a number of cryptocurrency exchanges in the United States since 2019, despite policies blocking or restricting customers in the United States. This includes doing business on behalf of Binance’s CEO denied the allegations, claiming that the cryptocurrency exchange “does not trade for profit or ‘manipulate’ the market under any circumstances,” but that it primarily uses cryptocurrency revenues. It claims it uses it to cover the costs of fiat currency and other cryptocurrencies.
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US and South Korea demand extradition of Terra co-founder Do Kwon
U.S. and South Korean authorities After his arrest in Montenegro, he helped extradite Terra co-founder Do Kwon.A decision on Kwon’s custody will go to Montenegro’s High Court and will depend on many factors, including the severity, location and time of Kwon’s alleged crime, according to Montenegro’s Minister of Justice Marco Kovac. While detained in
“Withdrawal Coming!” — Ethereum Developer Confirms Shapella Fork Epoch
Ethereum core developers have shared details about the long-awaited Shapella hard fork. Allows validators to withdraw staked Ether from the beacon chain. Shapella will enter into force on epoch 194,048, scheduled for April 12th at 10:27pm UTC. Withdrawals are enabled by Ethereum Improvement Proposal (EIP) 4895 by “pushing” staked Ether from the beacon chain to the execution layer. He has 17.81 million Ether staked on the beacon chain, and several mechanisms are in place to prevent Ether floods from disrupting the market.
winner and loser
Bitcoin for the weekend (Bitcoin) is $28,358,ether (ethereum) and $1,821 and XRP and $0.53The total market capitalization is $1.18 trillion, according to Go to Coin Market Cap.
Among the 100 largest cryptocurrencies, this week’s top 3 altcoin risers are XRP (XRP) 25.40%, stellar (XLM) 25.12%, Conflux (CFX) 22.77%.
This week’s top 3 altcoin losers are SingularityNET (AGIX) -12.85% on stack (STX) -10.19%, Mina (Mina) -7.20%.
For more information on crypto prices, be sure to read Cointelegraph’s market analysis.
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most memorable quotes
“When I think about AI, I am shocked that they talk a lot about regulating cryptocurrencies and nothing about regulating AI. increase.”
Mike NovogratzCEO of Galaxy Digital
“I believe that NFTs can contribute to the protection of Indonesia’s cultural heritage and at the same time enhance virtual tourism.”
Muhammad Neil El HimamVice Chairman, Ministry of Tourism and Creative Economy, Indonesia
“Advanced AI has the potential to profoundly change the history of life on Earth and will need to be planned and managed with due attention and resources.”
Future of Life Institute
“As recent global financial events continue to unfold, many may reassess their reliance on traditional financial institutions. […] And look to alternative assets such as Bitcoin. ”
Rasanka PereraCEO of Independent Reserve Singapore
“[DeFi] KYC is about transparency and accountability. I don’t think it matters for the majority of people. 99% of people think they have nothing to hide. ”
Dima BudorinCEO of Hacken
“Don’t let fear stop your progress, and beware of anyone trying to seize central power.”
Brian ArmstrongCEO of Coinbase
Forecast for the week
Bitcoin Price Hits $28.5K According To PCE Data As Macro “Accumulation Zone” Ends
Bitcoin has recovered from recent losses after encouraging macroeconomic data from the US. The February Personal Consumption Expenditures (PCE) Index slightly beat expectations in several areas. This is a sign of progress against inflation.
Moving to higher timeframes, optimism was similarly proven among traders. Caleb Franzen, Senior Market Analyst at Cubic Analytics, wrote on Twitter:
Bitcoin’s 24-Month Williams %R Oscillator Set to Close Above March ‘Oversold’ Threshold Marks End of Previous Bear Market . The long-term bullish potential is improving as long as it remains above the lower bound. ”
FUD of the week
Italy Blocks ChatGPT, Investigates Suspected Violations
The Italian watchdog responsible for data protection is We have temporarily blocked the artificial intelligence chatbot ChatGPT and are launching an investigation into alleged violations of data privacy rules, including the recent data breach suffered by our AI platform on March 20th. The Italian agency highlighted several issues with its decision, such as the lack of information for users of OpenAI data collection and the lack of age verification within the application to avoid minors. The agency further noted that the information provided by AI chatbots may not always be accurate, and inaccurate handling of personal data may occur.
Mysterious Entity May Collect IP Addresses of BTC Users — Bitcoin Developers
a stranger or group According to pseudonymous Bitcoin app developer 0xB10C, it violates privacy by harvesting Bitcoin users’ IP addresses and linking them to users’ BTC addresses. This entity has been active since his March 2018, and her IP address has appeared in several public posts from Bitcoin node operators over the past few years. In an interview with Cointelegraph, 0xB10C said the vulnerability does not only affect users running his node. Even users who rely on third-party servers through wallets such as Electrum and his Mycelium can become victims.
SafeMoon recommended by Jake Paul gets hacked after introducing bug in upgrade
SafeMoon, a project previously endorsed by celebrities and social influencers such as Jake Paul and Soulja Boy, has announced that its liquidity pool (LP) has been compromised. Blockchain researcher PeckShield has narrowed the issue down to the recent public burn feature introduced in the latest upgrade, which allegedly allows users to burn tokens from other addresses. The attacker used this vulnerability to remove his SafeMoon token, causing the price of the token to artificially spike.
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