The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management.
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The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain.
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Investments in spot Bitcoin exchange-traded funds (ETFs) are surging, with over 900 professional firms entering the market.
Vetle Lunde, a senior analyst with digital asset intelligence platform K33 Research, pointed out that during the first quarter of ’24, the number of financial entities investing in spot Bitcoin ETFs in the first quarter of 2024 rapidly outpaced those investing in gold ETFs.
In a recent post on social media platform X, he stated:
“According to 13F reporting, 937 professional firms were invested in US spot ETFs as of March 31. In comparison, gold ETFs had 95 professional firms invested in their first quarter.”
First Quarter Inflows: Gold… Read more on bitcoinnews
An overview of El Salvador’s current bitcoin holdings and the country’s journey towards bitcoin adoption.
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$1M – $10M MarketCap:
- cheepepe (CHEEPEPE): 67%
- FreeBnk (FRBK): 66%
- Based Shiba Inu (BSHIB): 36%
- GRAM Token (GRAM): 12%
- Patex (PATEX): 11%
$10M – $100M MarketCap:
- MicrovisionChain (SPACE): 34%
- Solchat (CHAT): 14%
- Access Protocol (ACS): 13%
- Troll (TROLL): 12%
- Bitcoin Virtual Machine (BVM): 10%
$100M – $1B MarketCap:
- Doland Tremp (TREMP): 19%
- Tellor Tributes (TRB): 16%
- Phala (PHA): 13%
- NetMind Token (NMT): 12%
- Spectral (SPEC): 9.1%
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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Kraken, one of the largest cryptocurrency exchanges in the world, has reconfirmed its support for Tether (USDT) on the continent of Europe, despite the ongoing regulatory grey area. The exchange is getting ready to comply with the new Markets in Crypto-Assets framework of the European Union but will still offer USDT. This is quite big, as it marks Kraken’s seriousness about its.
The statements made publicly by Kraken, therefore, reinforce the market amid increased scrutiny of USDT and other stablecoins. Marcus Hughes, global head of regulatory strategy at Kraken, told CoinDesk the exchange would be able to meet the growingly high regulatory expectations without changing its operations with Tether in any way—a reversal of previous rumors that Kraken would remove support for USDT due to regulatory compliance.
It will further develop features in which TradeStation Crypto has gained and built influence from the acquired features and create a European headquarters located on the continent between France and Ireland. This will strengthen the fact that Kraken is in a powerhouse position for dominance and well established with more influence as it continues to acquire TradeStation Crypto.
Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.
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This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
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The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023.
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Despite ongoing speculation about Bitcoin’s next potential “deep correction,” some cryptocurrency analysts disagree on its likelihood.
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