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April 24, 2023
Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR. OpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy practices and GDPR compliance.  As reported by AFP, regulators in Germany are demanding answers concerning the...
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Bitcoin and select altcoins are at risk of falling below their respective support levels and starting a deeper correction. Bitcoin (BTC) managed to stay above $27,000 for the past three days but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders, who acquired Bitcoin less than 155 days ago,...
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The DeFi protocol appears to have erased its social media presence after news of the alleged exit scam broke. Ordinals Finance, an Ethereum-based decentralized finance (DeFi) protocol that allows users to lend and borrow inscriptions, has been accused of performing an exit scam, also known as a “rug pull.”  In an April 24 press release...
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Adam Back, Roger Ver, Brad Garlinghouse, and Andreas Antonopoulos were among those not showing a blue checkmark on their Twitter accounts after legacy verification was sunsetted. Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a...
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Ether options volume hints at bearish sentiment as the $1,850 support falters. The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in...
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The upcoming version will combine aspects of an automated market maker (AMM) and money market. Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team. Thetanuts Finance has completed a $17M...
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U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea. The United States Treasury Department has identified over-the-counter (OTC) cryptocurrency traders who assisted North Korea’s Lazarus Group in converting stolen crypto into fiat currency. Crypto traders in China and Hong Kong have been sanctioned by the...
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Institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork. The price of Ethereum’s Ether (ETH) token has retreated from its recovery trend versus Bitcoin (BTC) while making a series of lower highs in April. ETH price risks more losses vs. Bitcoin As of April 24,...
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Users without Know Your Customer verification had a daily withdrawal limit of 20,000 USDT on Bybit prior to the announcement. Starting May 8, Know Your Customer (KYC) identity verification will be mandatory for all products and services offered by cryptocurrency exchange Bybit. According to an Apr. 24 update, Bybit users who have not completed KYC...
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The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. Last week, the Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. While MiCA technically still has to be approved by the European Council, there’s little doubt that the world’s first comprehensive crypto...
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