FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
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FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
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Ethereum’s Shapella hard fork executed on mainnet
The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a total of 12,859 Ether were unlocked in 4,333 withdrawals, according to Ethereum block explorer beaconchai.in. Nearly a day after the upgrade, ETH surpassed the $2,000 price point.
FTX has recovered $7.3B in assets, will consider rebooting exchange
A comeback for FTX is on the table, according to the legal team of the bankrupted crypto exchange. In an April 12 hearing, FTX’s lawyers said the company had already recovered about $7.3 billion in liquid assets and was considering restarting its crypto exchange operations in the second quarter of 2024, suggesting a reboot as early as April. After the news broke, FTX token (FTT) surged over 112%. Meanwhile in Europe, a Swiss court approved the sale of the firm’s European operations.
OpenAI finds fresh support from Japan amid global country-wide bans
Japan is interested in potentially using technology from artificial intelligence (AI) outfit OpenAI — the creator of chatbot ChatGPT — depending on the resolution of issues relating to cybersecurity and privacy. The interest was expressed by Japan’s chief cabinet secretary, Hirokazu Matsuno. Sam Altman, OpenAI’s CEO, aims to work with Japan to build technology for the country. OpenAI has faced opposition from multiple countries, however. The artificial intelligence race has also accelerated this week with Amazon, Alibaba and Twitter working on their own AI initiatives.
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South Korea’s unique and amazing crypto universe
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
Top Stories This Week
Ethereum’s Shapella hard fork executed on mainnet
The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a total of 12,859 Ether were unlocked in 4,333 withdrawals, according to Ethereum block explorer beaconchai.in. Nearly a day after the upgrade, ETH surpassed the $2,000 price point.
FTX has recovered $7.3B in assets, will consider rebooting exchange
A comeback for FTX is on the table, according to the legal team of the bankrupted crypto exchange. In an April 12 hearing, FTX’s lawyers said the company had already recovered about $7.3 billion in liquid assets and was considering restarting its crypto exchange operations in the second quarter of 2024, suggesting a reboot as early as April. After the news broke, FTX token (FTT) surged over 112%. Meanwhile in Europe, a Swiss court approved the sale of the firm’s European operations.
OpenAI finds fresh support from Japan amid global country-wide bans
Japan is interested in potentially using technology from artificial intelligence (AI) outfit OpenAI — the creator of chatbot ChatGPT — depending on the resolution of issues relating to cybersecurity and privacy. The interest was expressed by Japan’s chief cabinet secretary, Hirokazu Matsuno. Sam Altman, OpenAI’s CEO, aims to work with Japan to build technology for the country. OpenAI has faced opposition from multiple countries, however. The artificial intelligence race has also accelerated this week with Amazon, Alibaba and Twitter working on their own AI initiatives.
Read also
Features
South Korea’s unique and amazing crypto universe
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.
Arbitrum proposal to return 700M ARB fails, whale calls it a "power play"
The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval.
Fight between crypto and governments “just getting started”, says ShapeShift CEO
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
Fight between crypto and governments “just getting started”, says ShapeShift CEO
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
Fight between crypto and governments “just getting started”, says ShapeShift CEO
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
Bitcoin traders in 'disbullief' as analyst predicts $30K BTC retest
Bitcoin should dip to cement the $30,000 flip to support, analysis argues as bullish BTC price takes stay in play.
Bitcoin traders in ‘disbullief’ as analyst predicts $30K BTC retest
Bitcoin (BTC) consolidated into the weekend as market participants stayed optimistic about further gains.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Most still sitting on the sidelines” with Bitcoin
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,500 on April 15.
The pair had finished the Wall Street trading week on a less volatile note, along with fairly flat United States equities.
With the 10-month highs of $31,035 remaining in force, traders and analysts considered the options for how BTC price action could play out next.
“We’re going higher. Much higher,” Credible Crypto summarized, retweeting a chart of BTC/USD and funding rates from popular technical analyst Murfski.
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
Will $30,000 BTC price hold? Bitcoin market structure remains bullish with another 10% gain on the table as sellers refrain from shorting.
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
Bitcoin (BTC) price rallied over 10% between April 9 and April 14, marking the highest daily close in more than ten months. While some analysts may argue the move justifies a degree of decoupling from traditional markets, both the S&P 500 and gold are near their highest levels in over six months.
Bitcoin price breaks $30,000 despite macro headwinds
Bitcoin’s gains and rally above $30,000 also happened while the dollar strength index (DYX), which measures the U.S. currency against a basket of foreign exchanges, reached its lowest level in 12 months.
The indicator fell to 100.8 on April 14 from 104.7 one month prior as investors priced in higher odds of further liquidity injections by the Federal Reserve.
Related: Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes
The latest Federal Reserve’s monetary policy meeting minutes, released on April 12, made explicit reference to the anticipation of a “mild recession” later in 2023 due to the banking crisis. Even if inflation is no longer a primary concern, the monetary authority has little room to raise interest rates further without escalating an economic crisis.
Quantum vs. cloud computing: Key differences?
Quantum and cloud computing are the future of computer operations. Here’s what they are, their applications, and their main differences.
Do Kwon lawyers received $7 million before Terra collapse: Report
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case.
BlockSec launches collaborative testing toolkit for private forked chains
With the toolkit developers and security researchers can test, analyze and debug transactions via controlled private fork chains from the Ethereum mainnet.
BlockSec launches collaborative testing toolkit for private forked chains
With the toolkit developers and security researchers can test, analyze and debug transactions via controlled private fork chains from the Ethereum mainnet.