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- Jimbos Protocol offers $800K bounty to the public after hacker ignores dealby Cointelegraph By Ezra Reguerra on June 1, 2023 at 12:46 pm
The Jimbos Protocol team extended the bounty offer to the public, inviting anyone who can help catch the exploiter or recover the funds to claim the reward.
- Does the US have a crypto ‘tax loophole’ problem?by Cointelegraph By Andrew Singer on June 1, 2023 at 12:36 pm
The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape?
- Memecoins the next catalyst for crypto adoption — DappRadar analystby Cointelegraph By Elisha Owusu Akyaw on June 1, 2023 at 12:20 pm
Sara Gherghelas, a blockchain research analyst at DappRadar, explains how the lower barrier of entry associated with memecoins may have sparked the adoption of the crypto asset class.
- Tether USDT market cap breaks ATH, Binance CEO points at regulatory capsby Cointelegraph By Prashant Jha on June 1, 2023 at 11:22 am
At a time when USDT is touching new market cap highs, other stablecoins are struggling to keep their market share.
- Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gainsby Cointelegraph By William Suberg on June 1, 2023 at 10:58 am
A limp monthly close ends with Bitcoin closing its weekend futures gap, but BTC price action continues to disappoint.
- Here’s how OpenAI plans to cleanse ChatGPT of false informationby Cointelegraph By Amaka Nwaokocha on June 1, 2023 at 10:02 am
OpenAI aims to reduce AI hallucinations in ChatGPT by enhancing math skills, as process supervision shows promise in improving accuracy.
- ‘Not just Bitcoin price’ — Dan Tapiero shares tips on navigating the bear marketby Cointelegraph By Ezra Reguerra on June 1, 2023 at 9:43 am
Veteran trader Dan Tapiero said the most important thing for traders is to make rational judgments that aren’t impacted by people’s fears.
- 5 ChatGPT chrome extensions to enhance productivityby Cointelegraph By Guneet Kaur on June 1, 2023 at 9:16 am
ChatGPT browser extensions offer features such as text generation, writing assistance and research support, enabling users to boost their productivity and streamline their workflow.
- Crypto.com joins ranks of licensed payment institutions in Singaporeby Cointelegraph By Amaka Nwaokocha on June 1, 2023 at 8:41 am
Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services.
- Germany’s Deutsche Telekom plugs in as Polygon validatorby Cointelegraph By Gareth Jenkinson on June 1, 2023 at 8:29 am
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon.
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- Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiatby Lubomir Tassev on June 1, 2023 at 11:30 am
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest. Finance Ministry Don’t Want to See Russians Saving
- Give Wings to Dreams: CoinEx Charity Launches Grant for Fulfilling Dreamsby Media on June 1, 2023 at 11:00 am
PRESS RELEASE. According to a report by the World Bank in March 2023, the global poverty rate has reached an alarming figure, with approximately 659 million individuals living in impoverished conditions. Disturbingly, extreme poverty is notably concentrated in Africa. The first quarter of 2023 witnessed a surge in the number of impoverished households across Asia
- Lula Proposes to Revitalize South America Union USAN; Reinforces Need of Shifting Away From US Dollarby Sergio Goschenko on June 1, 2023 at 8:30 am
Luiz Inacio “Lula” Da Silva, President of Brazil, remarked on the need to retake South American integration mechanisms through the Union of South American Nations (USAN). Lula also proposed to shift away from the U.S. dollar by using a standard reference currency for bilateral settlements among countries in the region. Brazil’s Lula Proposes to Unite
- Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhaoby Lubomir Tassev on June 1, 2023 at 5:30 am
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said investments in several banks might be a better
- Kermit The Coin Leaps Into the Crypto Scene With Exciting Developmentsby Media on June 1, 2023 at 5:00 am
PRESS RELEASE. Kermit The Coin, the hottest new memecoin in town, is making waves in the crypto community with its unique charm and promising potential. Today, the Kermit team is thrilled to announce several exciting developments that will take the project to new heights. Kermit The Coin, known for its lovable green frog mascot, has
- Kenyan President William Ruto Urges African Countries to Commence Process to Ditch the Dollarby Terence Zimwara on June 1, 2023 at 3:30 am
Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus on moving goods and services. Pan-African Settlement System to Help African Countries
- US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Libertiesby Kevin Helms on June 1, 2023 at 1:30 am
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used by authoritarian countries right now to crack down on dissent,” said
- Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Showsby Kevin Helms on May 31, 2023 at 11:30 pm
The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of
- Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillionby Jamie Redman on May 31, 2023 at 9:30 pm
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining Difficulty Jumps 3.4% Higher Data reveals that around 373 exahash
- Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concernsby Jamie Redman on May 31, 2023 at 7:30 pm
In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason. Effective May 31, Bybit stated that it would cease accepting applications from Canadian residents. Bybit to Pause Operations in Canada According to a Tuesday announcement, Bybit is withdrawing