Category: crypto
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Bitcoin miners are using April volatility to continue stacking after 2 months of net outflows
CryptoSlate Alpha is a membership program that requires purchasing an NFT using Solana’s SOL token. Connecting a Solana wallet is necessary for the purchase. By buying the membership, users agree to terms set by their digital wallet provider and the Access Foundation. CryptoSlate is not responsible for the digital wallet’s security or legality.
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OpenAI’s o3 scores 136 on Mensa Norway test, surpassing 98% of human population.
OpenAI’s new “o3” language model achieved an IQ score of 136 on a public Mensa Norway intelligence test, exceeding the threshold for entry into the country’s Mensa chapter for the first time. The model outperformed other top models in both a proprietary “Offline Test” and the Mensa test, suggesting enhanced compatibility with the latter’s structure.
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AI deepfake perfectly clones ex-Binance CEO CZ’s voice, reigniting fraud fears
Former Binance CEO, Changpeng Zhao, encountered an AI-generated video replicating his voice and facial movements with alarming accuracy. The video raises concerns about AI impersonation of public figures for fraudulent purposes. Voice-cloning technology has advanced, increasing the risk of financial scams using realistic audio and video simulations. Regulatory measures are being developed to combat deepfake…
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Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch
Coinbase-backed Layer-2 network Base faced backlash for promoting a “Content Coin” that lost most of its value after launch. The token was shared on Zora, attracting attention despite disclaimers. Suspicious trading behavior and manipulation were flagged. Base defended the concept as a way to tokenize creative works, but critics remained skeptical.
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Binance is advising nations on Bitcoin reserves as global interest grows
Binance is advising governments on setting up Bitcoin reserves and creating clear crypto regulations. CEO Richard Teng stated that multiple countries have sought Binance’s expertise in navigating crypto initiatives. The interest in Bitcoin stems from its neutrality, appealing to nations amidst global tensions. Binance is shifting to a compliance-first approach.
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Fed Chair Powell advocates for stablecoin regulation, signals openness to crypto innovation
Federal Reserve Chair Jerome Powell emphasized the need for a regulatory framework for stablecoins during a speech at The Economic Club of Chicago. He stated that Congress is revisiting efforts to legislate stablecoin regulations and that the Fed is open to relaxing some guidance for banks engaging with crypto, while ensuring safety and soundness. Powell’s…
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Family offices show stronger preference for Ethereum ETFs over Bitcoin
Family offices and professional investors are showing a stronger preference for spot Ethereum ETPs over Bitcoin ETPs. Family offices allocate nearly five times more to Ethereum, highlighting institutional differences. Hedge funds dominate Bitcoin ETP AUM, while Ethereum ownership is more evenly distributed. Different institutions hold top positions in Bitcoin and Ethereum ETPs.
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Panama City council greenlights crypto payments for tax, public services
Panama City is set to accept Bitcoin, Ethereum, and stablecoins for public service payments, becoming a pioneer in crypto adoption in the region. The initiative, announced by Mayor Mayer Mizrachi Matalon, involves partnering with a local bank to convert crypto payments into US dollars to comply with national legal requirements. This move could influence the…
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VanEck’s Onchain Economy ETF ‘NODE’ cleared for May 14 launch
VanEck has received regulatory approval for its new Onchain Economy ETF, an actively managed fund providing broad exposure to companies in the digital asset ecosystem. The ETF will launch on May 14 under the ticker NODE, investing in equities tied to the crypto industry and potentially allocating up to 25% of assets to crypto-linked products.…
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Short-term holder supply sees profitability crash to 2% as tariff fears bite Research 51 seconds ago
Short-term holders are experiencing a sharp decline in profitability, dropping to only 2% due to fears surrounding tariffs. This has caused concern among investors and traders as they navigate the volatile market conditions.