Bitcoin White Paper Hidden on macOS, Binance Updates, and DOGE News – 2024 Insights
Most sensible Tales This Week
Bitcoin white paper is it seems that hiding in Apple’s
fashionable macOS
Satoshi Nakamoto’s original white paper, which presents the thesis for the Bitcoin community, is reportedly embedded in every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that the PDF of the Bitcoin white paper has “apparently shipped with every copy of macOS since Mojave in 2018.” Baio told Cointelegraph he was attempting to fix his printer and scan a file when Nakamoto’s white paper unexpectedly appeared. He created a command in Terminal that allows others to easily access the white paper.
Binance Australia Derivatives license canceled by means
of securities regulator
The Australian Securities and Investments Commission (ASIC) has canceled the license of Binance Australia Derivatives following a targeted review of its operations within the country. The company’s clients will not be able to increase derivatives positions or open new ones on the platform from April 14, and current derivatives positions must be closed before April 21. The Australian securities regulator also revealed that it has been conducting a focused review of Binance’s financial services business in Australia, including its classification of retail and wholesale clients. Spot trading on Binance remains available for Australian residents.
FTX philanthropic donations have created advanced
predicament for recipients
FTX’s philanthropic arm had pledged $1 billion in donations towards research academics across prestigious universities. However, its team resigned after FTX filed for bankruptcy on November 11, 2022. Now, many scholars and researchers who were early recipients of the grant are caught in limbo over the payment of additional grants for their programs, while many studying on the FTX grant have been forced to drop out of their courses due to concerns over repayment. FTX Future Fund’s grants 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 adjustments Twitter icon to Doge after
searching for lawsuit dismissal
Twitter’s traditional bird mascot was replaced on April 3 with an image of Shiba Inu, the icon of the popular meme token Dogecoin. The update came two days after the social media platform’s CEO Elon Musk asked a United States judge to dismiss a $258 billion lawsuit filed by investors alleging the operation of a pyramid scheme to promote Dogecoin. Musk’s lawyers, however, argue that “funny pictures” and “tweeting words of support” do not amount to a fraud claim. As for this week, the marketing move positively impacted the altcoin’s value, with the DOGE token surging by over 22% one hour after the icon was changed.
US Bitcoin reaches tentative agreement to reopen Niagara
Falls mining facility
Crypto miner US Bitcoin Corp has reached a tentative settlement with the City of Niagara Falls that will allow it to reopen its local mining operation, according to media reports. A state Supreme Court judge ordered its plant closed in early March. The agreement still requires the approval of the city council. Under the proposed settlement, the company must pay $150,000 in fees to the city and $180,000 to reimburse legal costs and new utility fees, along with a $1 million fine. US Bitcoin Corp must also implement measures to reduce noise at the plant, including building a noise-dampening wall and submitting to third-party monitoring.
Winners & 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 largest 100 cryptocurrencies, the top 3 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 3 altcoin losers of the week are Mask Network (MASK) at -15.39%, Stacks (STX) at -14.84%, and Arbitrum (ARB) at -13.88%.
For more information on crypto prices, make sure to read Cointelegraph’s market analysis.
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Maximum Memorable Quotations
“Creators should be compensated for their original work used by artificial intelligence engines that are influencing not only journalists but also musicians, authors, poets, historians, painters, filmmakers, and photographers.”
Michael Miller, Executive Chairman of News Corp Australia
“The goal of the CBDC within Peru’s payment system framework is to provide the unbanked population with access to digital payments.”
Central Reserve Bank of Peru
“How can we regulate companies without physical borders? We need to give more thought to how international coordination can effectively regulate the global crypto market.”
Elizabeth McCaul, Supervisory Board Member of the European Central Bank
“As investors adapt to volatility, they are diversifying their portfolios and incorporating more innovative products. Despite a turbulent year in crypto, interest remains strong.”
Brown Brothers Harriman
“The opportunities that Web3 can offer are vast and only limited by our own imaginations.”
Haider Rafique, Global Chief Marketing Officer at OKX
“Artificial intelligence technology and its impact on privacy are priorities for my office. We aim to keep pace with—and stay ahead of—rapidly advancing technological developments.”
Philippe Dufresne, Privacy Commissioner of Canada
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Prediction of the Week
Bitcoin Hovers at $28K as U.S. Jobs Data Fuels Fed Rate Hike Speculation Bitcoin remains around $28,000 as the week closes, with the BTC/USD pair avoiding significant volatility in recent days. The highly anticipated U.S. nonfarm payroll figures, released on April 7, came in slightly below expectations, showing that unemployment is rising more slowly than forecasted.
This data also heightened market expectations that the Federal Reserve will continue to raise interest rates to combat inflation, potentially impacting crypto and other risk assets.
Michaël van de Poppe, founder and CEO of trading firm 8, shared his outlook: “Bitcoin remains in a dull phase, consolidating for weeks while previous altcoins are breaking out,” he noted. “I’m still looking at support here, with $27,600 needing to hold. If that’s lost, $25,000-$25,400 seems likely. Holding here through NFP could lead to $30,000 next.”
FUD of the Week
US state regulators announce $10M agreement with
Robinhood ‘for failing buyers’
The California Department of Financial Protection & Innovation has reached a settlement with crypto and stock trading platform Robinhood, involving a payment of up to $10.2 million in penalties for “operational and technical failures that harmed Main Street investors.” The platform experienced a series of system outages in March 2020, causing users to miss trades while many of its services were unavailable. These outages led some affected users to file a class-action lawsuit against Robinhood. Additionally, the U.S. Financial Industry Regulatory Authority (FINRA) fined the company approximately $70 million for causing “widespread and significant harm” to thousands of customers.
Sentiment recovers $870K after negotiations with hacker
Lending protocol Sentiment successfully recovered over $870,000 in stolen funds by offering the hacker a $95,000 bounty. The protocol was exploited on April 4, with losses approaching $1 million. In a transaction on the Arbitrum blockchain, Sentiment sent a message to the hacker offering $95,000 if the funds were returned by April 6 and urged the hacker to “do the right thing.” Community members criticized crypto companies for not taking bug bounties seriously and praised the hacker’s actions for “taking it by force.”
OpenAI faces Canadian privateness probe alleging private
data harvesting
OpenAI, the creator of the AI chatbot ChatGPT, is under investigation by Canada’s Privacy Commissioner for allegedly collecting and using personal data without consent. This investigation follows similar scrutiny from Germany, France, Ireland, and Spain, especially after a temporary block on ChatGPT in Italy. In the U.S., the Center for Artificial Intelligence and Digital Policy (CAIDP) filed a complaint with the Federal Trade Commission on March 30, aiming to halt the release of advanced AI systems to the public.
Perfect Cointelegraph Options
Crypto Security Audits and Bug Bounties Are Broken: Here’s How to Fix Them\Christos A. Makridis argues that the most popular Web3 auditing firms are not always the ones providing projects with the critical feedback they need to hear.
Bitcoin in Senegal: Why Is This African Nation Embracing BTC?Amidst scams, foreign interference, and traffic issues, Senegal is evolving into a thriving Bitcoin economy.
NFT Artist, The Sarah Show: Analog Youth Meets a Dazzling Digital FutureThe Sarah Show transports people from the present moment, creating a unique experience of time through its highly distinctive artwork.
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