DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’ 

Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin eerily calm on Fed statementData from Cointelegraph Markets Pro and TradingView showed BTC/USD exhibiting minimal fluctuation as the Fed confirmed what many assumed had already…

It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000.As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion.Elon Musk, the CEO of Tesla, is a close second at…

Artificial intelligence chatbot ChatGPT can now retrieve information from online sources and interact with third-party websites via a new plugin feature introduced by its creator, OpenAI. The plugin feature is still in its “limited” alpha phase and will only be available to a small set of users initially before rolling out to "larger-scale access. Users…

Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not like that, apparently.

The Ethereum Classic 51 percent attacker has reportedly returned $100,000 to cryptocurrency exchange Gate.io, a post on the official exchange’s blog reports on Jan. 12.The company further noted that they tried contacting the attacker but didn’t get any reply until now, and that they do not know the reason why the funds have been returned.…

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. 534 Total views 14 Total shares Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022,…

Today’s Financial Action Task Force’s (FATF) announcement focused on digital currency’s role in money laundering and heightened regulation, as Secretary Steven Mnuchin noted in his closing remarks.The FATF — an intergovernmental organization that focuses its efforts on fighting money laundering — is planning to strengthen control over cryptocurrency exchanges to preclude digital currencies from being…