CryptoX – Cryptocurrency Analysis and News Portal AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity. Source The post AI Boosters Would Sacrifice Humanity for a Simulacra – as Long as They're in Control appeared first on CryptoX. CryptoX Portal
Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported. According to Annabelle Huang, Amber’s managing partner, the firm is currently evaluating options for its Japan operation, including a potential sale. Currently, no deal has been finalized. Huang noted that Japan is a “very high quality market, but regulations are strict.” Meanwhile, Amber plans to apply for a virtual asset trading platform license in Hong Kong following the special administrative region’s…
In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk’s chief content officer. Source
Ethereum’s long-anticipated Shanghai and Capella upgrade was activated on April 12 and the total withdrawals in the first 40 hours after the Shapella upgrade stood at 142,425 ETH, per Nansen data. This falls in line with previous estimates. For a brief moment on April 12, when Shapella was activated, the deposits to ETH staking contracts outpaced withdrawals. However, deposits have slowed down come April 13 while the withdrawals are going strong. ETH moved for withdrawals The validators are required to update their staking software clients with withdrawal credentials changed to…
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses Crypto Assets Due to Hot Wallet Exploit Cryptocurrency exchange Bitrue announced Friday on Twitter it has identified a “brief exploit” in one of its hot wallets. The breach led to the theft of around $23 million in a number of cryptocurrencies, including ether (ETH) and shiba inu…
CryptoX – Cryptocurrency Analysis and News Portal Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator. Source The post Reddit to the Moon, Razer Stays Sharp appeared first on CryptoX. CryptoX Portal
AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity. Source
Derivatives trading accounted for about 74% of the roughly $4 trillion crypto market volume last month, the data show. While the bulk of derivatives trading took place on centralized exchanges (CEX), decentralized exchanges (DEX) accounted for $68.7 billion, with dYdX taking a 62.6% share. Source
General earn creditors, with claims below $5,000, will see 70% recovery of their claims in liquidity cryptos, the presentation said. Up to 100% of the rest of the assets, minus what is needed to run the new company, will be dispersed to earn creditors with claims over $5,000, who will also receive tokenized securities of the new company. Source
Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies. A MicroBT Whatsminer M30s, a moderately efficient and commonly used machine, would be at break-even point given current market conditions, he said. Original