OpenAI hit with privacy complaint in Austria, potential EU law breach
Austrian data rights group Noyb filed a privacy complaint against OpenAI, accusing its ChatGPT of providing false information and potentially breaching EU privacy regulations.
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BitMEX Research Unveils Who Funds Bitcoin Network Development
The research arm of cryptocurrency exchange, BitMEX, shed some light on who is funding the development of the open source software behind Bitcoin (BTC).According to a BitMEX Research report published on March 28, blockchain firms Blockstream and Lightning Labs are the largest contributors to Bitcoin development. On the other hand, Bitcoin research firm, Chaincode Labs,…

Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming
Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility.Cryptocurrency market daily overview. Source: Coin360BTC “relaxes” this ChristmasData from Coin360 showed BTC/USD hovering practically in the middle of its monthly range between $6,500 and $7,770. At press time, the pair hovered at $7,180, having barely moved over the past…

Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies
Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients.Murphy voiced this sentiment during an interview with CNBC published on Oct. 11. After the interviewer asked when she expects users to trade cryptocurrency “in a meaningful…

Law firm to challenge Turkey’s ban on crypto payments
Turkish law firm GlobalB is challenging the country’s ban on crypto payments in a hearing scheduled for May 28, according to Sima Baktaş, the firm’s founding partner. Although Turkey’s citizens are allowed to buy, hold and trade crypto, the use of the digital currency for payments has been banned since 2021, when the Central Bank

What is browser-based cryptocurrency mining, and how does it work?
Once assumed to be extinct until its unlikely return in the latter part of 2017, browser-based cryptocurrency mining dates back to 2011 when BitcoinPlus.com launched its then-innovative service.Of course, back when Bitcoin was fairly new and mining was cheap, the idea of using a website to do the work for miners was quite popular. Thanks…

Bitcoin price preparing for 'up only mode' as US bonds suffer worst selloff since 2019
Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury

Genesis denies ‘imminent’ plans to file for bankruptcy
The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for a bankruptcy filing. Cryptocurrency lending company Genesis has refuted speculation that it is planning an "imminent" bankruptcy filing should it fail to cover a $1 billion shortfall caused by the fall of crypto exchange FTX.The…

ETH price trend data suggests all future dips are for buying
Key takeaways: Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook. A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies. Ether (ETH) price witnessed a volatile period this week as the altcoin