OpenAI’s ‘AGI Readiness’ chief quits — ‘I want to be less biased’
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence.
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Cosmos price rebounds 45% in one week despite Terra’s debacle — what’s next for ATOM?
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week.Cosmos TVL down from $10M to $155KATOM's price increased by over 10% intraday to almost $12. The gains appeared as…

This crypto mining operator was named Bitmain’s sole North American cooperative repair center
North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain.According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs…

Bulls are back, but regulatory fears hamper the DeFi and altcoin recovery
Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins. 285 Total views 3 Total shares On May 19, the total cryptocurrency market capitalization nosedived by 19% and has since failed to recover to the $1.8 trillion mark. More than 40 days have passed, and…

Toncoin open interest surges 32% following Pavel Durov’s arrest
Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

How are crypto firms responding to US regulators’ enforcement actions?
United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment.Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry leaders for a “regulation by

98% of All Bitcoin Is Now Worth More Than When You Bought It
At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms. Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder…

Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates. The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and…

French Court Moves the BTC Chess Piece — How Will Regulators Respond?
The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or fiat money — as some news…