Cypher protocol contributor “Hoak” confessed to stealing over $184,077 in community funds to feed a growing gambling habit in a public statement on Twitter on Tuesday. “I know likely nothing I say or do will make things better—perhaps other than rotting in jail,” the pseudonymous developer wrote. “To address the …
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The Polkadot Governance Community has approved approximately $600,000 for Pop Network’s R0GUE team to develop smart contracts that integrates the blockchain network’s native DOT token. Smart contracts are digital agreements stored on a blockchain that execute automatically when predefined conditions are fulfilled. These contracts are widely used on networks like …
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Before OpenAI’s tight, half-hour unveiling of its new GPT-4o AI model, rumors ran rampant about what could be announced, prompting company CEO Sam Altman to manage expectations, saying that it’s “not a search engine” but that they’ll announce “some new stuff we think people will love.” After the presentation, AI …
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After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative: none other than Vitalik Buterin, the blockchain’s co-founder. It reportedly took him 22 minutes. The origin of the story dates back to last month, when Ethereum developers …
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Bracebridge Capital, a hedge fund that manages the finances of institutions like Yale University and Princeton University, has emerged as the largest holder of various spot Bitcoin exchange-traded funds (ETFs), according to a recent 13F filing with the Securities and Exchange Commission. The Boston-based firm disclosed its ownership of shares …
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This anticipation also stirs interest in AI-related cryptocurrencies as market watchers speculate on potential impacts. Nvidia Earnings Could Boost AI Coins Deutsche Bank analysts predict Nvidia will continue its streak of multi-billion dollar beats, thanks to the soaring demand for AI computing. Despite some reduction in orders ahead of the …
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A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison. He was convicted of laundering $1.2 billion in crypto through the Tornado Cash mixer between July 9, 2019, and August 10, 2022. Pertsev’s legal team has a 14-day window to appeal the …
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Bracebridge Capital emerges as top holder of ARKB and IBIT spot bitcoin ETFs
by James Huntby James HuntBracebridge Capital, a hedge fund that manages the endowments of Yale University and Princeton University, has reported owning shares in Ark Invest, BlackRock and Grayscale U.S. spot bitcoin exchange-traded funds. In a 13F filing with the Securities and Exchange Commission on May 10, the Boston-based firm reported owning 4,327,380 shares …
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Zeta Markets, a Solana -based decentralized exchange for trading crypto perpetuals, has raised $5 million in a strategic funding round led by Electric Capital. Other investors in the round included Digital Asset Capital Management (DACM), Selini Capital and Airtree Ventures, Zeta Markets said Tuesday. Angel investors, including Anatoly Yakovenko of …
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Known for his macroeconomic expertise, Pal, a former Goldman Sachs executive, is a staunch advocate for crypto. Why Pal Predicts Bitcoin Bull Run? Pal anticipates the market will soon enter what he whimsically calls the “Banana Zone.” He expects this period to trigger a full-scale mania in the crypto sphere, …