Arbitrum Foundation pledges not to move remaining 700 million ARB tokens without DAO approval of new proposals. Source
Arbitrum Foundation Offers Crypto Governance Concessions After ARB Holder Uproar
Day: April 5, 2023
Peru considering CBDC to improvement payment system: Former IMF adviser
The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to a retail CBDC. The status quo of competing payments systems in Peru is untenable, the CBRP wrote, but the introduction of a CBDC, combined with new policies to improve the access and interoperability of existing systems,…
OpenAI needs a DAO to manage ChatGPT
ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues. Firstly, privacy is a major concern when it comes to the use of ChatGPT. In order to enhance its responses, the model gathers data from users — but this data may contain sensitive information that individuals…
‘Ludicrous’ idea that Signature Bank’s collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Signature Bank in March had nothing to do with exposure to digital assets. According to an April 5 report from The Wall Street Journal, Harris made the remarks at the Chainalysis Links conference in New York City. She reportedly described the events leading up to the failure of Signature as a “new-fashioned bank run”, dismissing any relation to crypto exposure as “ludicrous.” Harris also reportedly pushed back against the…
NYDFS Chief Dismisses ‘Choke Point 2.0’ Theory of Signature’s Closure as ‘Ludicrous’
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.” Source 039Choke039Ludicrous039ChiefClosureDismissesNYDFSPointSignaturesTheory CryptoX Portal
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins – Bitcoin News
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March 27. On April 5, the firm’s CEO announced that it had acquired an additional 1,045 bitcoins, bringing the company’s total holdings to 140,000 BTC. The publicly traded company now has…
Mintlayer, a Bitcoin sidechain, launches a $4m open-source development grant for developers
Mintlayer, a Bitcoin sidechain, recently launched an open-source development grant program with $4m worth of ML tokens available for developers. Mintlayer funding innovation in Bitcoin’s ecosystem The grants initiative by Mintlayer is specifically designed for projects that would be valuable for the Mintlayer protocol but may not necessarily be profitable. Projects that can create value within the Mintlayer ecosystem, but may not involve issuing a pre-allocated token or generating a revenue stream, are encouraged to apply for a grant. Those who might be eligible for funding include those related to…
Crypto users react to Satoshi Nakamoto’s 48th birthday
The legendary creator of Bitcoin, Satoshi Nakamoto, turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one year on their P2P Foundation profile — suggesting a birthday of April 5, 1975. Crypto users have suggested that the date — since Satoshi may represent a group of people rather than an individual —…
Crypto users react to Satoshi Nakamoto’s 48th birthday
The legendary creator of Bitcoin, Satoshi Nakamoto turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one year on their P2P Foundation profile — suggesting a birthday of April 5, 1975. Crypto users have suggested that the date — since Satoshi may represent a group of people rather than an individual —…
Could Metacade Be Top Crypto to Buy in 2023? Experts Predict MCADE Tokens Will Rocket This Year
At the core of the Metacade ecosystem is the MCADE utility token, which serves as the primary medium of exchange and powers the rewards system. The meteoric rise of Web3 and decentralized technologies has opened up new horizons for investors seeking the next big opportunity in the ever-evolving world of cryptocurrency. The $200 billion gaming industry is one target as it experiences a paradigm shift towards GameFi, with Metacade’s MCADE token standing out as a potential game-changer and attracting significant attention from both seasoned and novice investors alike. As the…