Top Stories This Week
Bitcoin white paper is apparently hiding in Apple’s modern macOS
Satoshi Nakamoto’s original white paper laying out the thesis for the Bitcoin network is seemingly hiding within every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that a PDF of the Bitcoin white paper has “apparently shipped with every copy of macOS since Mojave in 2018.” Baio told Cointelegraph he was trying to fix his printer and scan a document when Nakamoto’s white paper first appeared. He created a prompt in Terminal that enables others to easily access the white paper.
Binance Australia Derivatives license canceled by securities regulator
The Australian Securities and Investments Commission has canceled the license of Binance Australia Derivatives after a targeted review of its operations in the country. The company’s clients will not be able to increase derivatives positions or open new positions with the platform from April 14, and existing derivatives positions must be closed before April 21. The Australian securities regulator also revealed that it has been conducting a targeted review of Binance’s financial services business in Australia, including its classification of retail and wholesale clients. Spot trading on Binance is still available for Australian residents.
FTX philanthropic donations have created a complex dilemma for recipients
FTX philanthropic arm had pledged $1 billion in donations toward research academics across prestigious universities. Its team, however, resigned after FTX filed for bankruptcy on November 11, 2022. Now, many scholars and researchers who were early recipients of the grant are now stuck in limbo over payment of further grants for their programs, while many studying on the FTX grant were forced to drop out of their courses due to the fear of repayment. FTX Future Fund’s grants were focused on research projects for the safe development of artificial intelligence, reducing catastrophic bio-risk, improving institutions, economic growth, great power relations and effective altruism, among many others.
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What the hell is Web3 anyway?
Elon Musk changes Twitter icon to Doge after seeking lawsuit dismissal
US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility
Winners and Losers
At the end of the week, Bitcoin (BTC) is at $27,928, Ether (ETH) at $1,857 and XRP at $0.51. The total market cap is at $1.18 trillion, according to CoinMarketCap.
Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Injective (INJ) at 21.19%, Enjin Coin (ENJ) at 17.75% and Basic Attention Token (BAT) at 9.19%.
The top three altcoin losers of the week are Mask Network (MASK) -15.39%, Stacks (STX) at -14.84% and Arbitrum (ARB) -13.88%.
For more info on crypto prices, make sure to read Cointelegraph’s market analysis.
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An Investment in Knowledge Pays the Best Interest: The Parlous State of Financial Education
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How to prepare for the end of the bull run, Part 1: Timing
Most Memorable Quotations
“Creators deserve to be rewarded for their original work being used by AI engines which are raiding the style and tone of not only journalists but […] musicians, authors, poets, historians, painters, filmmakers and photographers.”
Michael Miller, executive chairman of News Corp Australia
“The objective of a CBDC within the framework of the payment system in Peru is to give the unbanked population access to digital payments.”
“How can we supervise firms that have no physical borders? We need to put more thought into how it [international coordination] can be effective in regulating the crypto world.”
Elizabeth McCaul, supervisory board member of the European Central Bank
“As investors adapt to volatility, they are diversifying their portfolios and adding more innovative products. Even with a tumultuous year in crypto, interest hasn’t cooled entirely.”
Brown Brothers Harriman
“The possibilities that Web3 can offer are vast and only limited by our own imaginations.”
Haider Rafique, global chief marketing officer at OKX
“AI technology and its effects on privacy is a priority for my Office. […] We need to keep up with – and stay ahead of – fast-moving technological advances.”
Philippe Dufresne, privacy commissioner of Canada
Prediction of the Week
Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets
Bitcoin’s price is still ranging around $28,000 at the end of the week as the BTC/USD pair shunned volatility over the previous days. The highly anticipated U.S. nonfarm payroll figures came in slightly below expectations on April 7, indicating unemployment rising more slowly than predicted.
The data also raised market expectations that the Federal Reserve would persist in raising interest rates to combat inflation — at the expense of crypto and risk asset performance.
Michaël van de Poppe, founder and CEO of trading firm Eight, summarized his expectations. “Bitcoin remains in a boring state of mind. Consolidating for weeks, while old altcoins are breaking out,” he noted. “I’m still looking at support here, through which $27,600 needs to sustain. If that’s lost, $25,000-25,400 seems likely. Holding here through NFP -> $30,000 next.”
FUD of the Week
US state regulators announce $10M settlement with Robinhood ‘for failing investors’
Sentiment recovers $870K after negotiations with hacker
OpenAI faces Canadian privacy probe alleging personal info harvesting
OpenAI, the creator of the artificial intelligence chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for allegedly collecting and using personal information without consent. Canada’s investigation comes as Germany, France, Ireland and Spain eye possible action against AI following a temporary block on ChatGPT in Italy. In the United States, the Center for Artificial Intelligence and Digital Policy (CAIDP) filed a March 30 complaint with the Federal Trade Commission in an attempt to halt the release of powerful AI systems to consumers.
Best Cointelegraph Features
Crypto security audits and bug bounties are broken: Here’s how to fix them
Christos A. Makridis argues the most popular Web3 auditing companies aren’t always the ones telling projects things they don’t want to hear.
Bitcoin in Senegal: Why is this African country using BTC?
NFT Creator, The Sarah Show: Analog childhood meets dizzying digital future
The Sarah Show takes people out of the present moment and creates a different experience of time through highly distinctive art.
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