He also reiterated his call for an international safety agency to protect against existential threats related to AI. OpenAI CEO and Tools for Humanity chair Sam Altman believes the progress being carved out by today’s frontier artificial intelligence (AI) models could lead to a vast restructuring of socioeconomics. Altman recently unveiled a vision wherein treating…
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Eigenlayer launched a claims process for its highly anticipated EIGEN token, but it won’t be transferable to others until further features are added. Ethereum restaking protocol Eigenlayer has launched its token-claim process, or “airdrop,” for Season 1, Phase 1 rewards, according to a May 10 blog post from the protocol’s development team. The claims process…
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Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments. ARK Invest and 21Shares have removed staking plans from their updated spot Ether exchange-traded fund proposal. In the updated filing submitted on Friday, May 10, the clause stating 21Shares would stake a portion of the fund’s assets…
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Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms. Bitcoin challenged $60,000 support into the May 10 daily close as the classic post-halving “danger zone” spooked bulls. BTC/USD 1-hour chart. Source: TradingView BTC price gives up gains above $60,000 Data from and TradingView showed intraday BTC price lows of $60,190…
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Billionaire investor Mark Cuban says that assigning all authority to the CFTC “could solve” the problem of vocal crypto voters for current United States president Joe Biden. Billionaire investor Mark Cuban has pushed for the Commodities Futures Trading Commission (CFTC) to take charge of regulating “all crypto,” along with a final plea to the U.S.…
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The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs. United States-based financial company JPMorgan Chase has disclosed investments in Bitcoin exchange-traded funds offered by Grayscale, ProShares, Bitwise, BlackRock and Fidelity. In a May 10 filing with the U.S.…
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SOL price is down today as a wider crypto market correction takes place, and investors voice their displeasure with recent airdrops in the Solana ecosystem. Solana’s native token, SOL , saw a 9% increase on May 9, closing at $155, though it faced stronger resistance than anticipated. By May 10, SOL’s decline to $148 showed…
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Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines. Stablecoin giant Tether has slammed Deutsche Bank over a newly released report suggesting that stablecoins — including its dollar-pegged token Tether — could witness a “peso moment,” that would wreak…
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“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction. Twitter co-founder Jack Dorsey says the price of Bitcoin could reach a price of at least $1 million by the year 2030, adding that its value could grow even further from that point onwards. Speaking in a…
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A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Ether traders have stacked up their short positions over the last 24 hours, just as Grayscale Investments pulled its application for an Ethereum futures exchange-traded fund (ETF). is hovering close to a key support…
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