In a research report on Wednesday (May 15), BTIG stated that the latest Bitcoin halving has reduced the block reward from 6.25 BTC to 3.125 BTC, causing less efficient mining equipment to go offline as miner income dropped to a level equivalent to a Bitcoin price of around $30,000.
WeiliangThe battle for AI supremacy intensifies as Google showcased a slew of groundbreaking AI technology a day after OpenAI revealed the enhanced ChatGPT AI model, GPT4o.
CatherineOpenAI's GPT-4o integrates text, audio, and video processing, revolutionizing human-computer interaction. Despite Worldcoin's recent price drop and misconceptions about its affiliation with OpenAI, the latter gears up for the launch of its macOS desktop app.
AnaisEclipse Labs founder Neel Somani has resigned as CEO amidst sexual misconduct allegations. These allegations compound existing challenges in the crypto world, from money laundering to terrorism financing.
KikyoA large investor deposited over $3.3 million worth of Worldcoin tokens into Binance, suffering a $50,000 loss, drawing scrutiny on Worldcoin's trajectory. DeFi^2 warned that Worldcoin's tokenomics may primarily benefit insiders, emphasising its hyperinflationary model and manipulative design, raising concerns in the crypto community.
WeatherlyBybit found itself in the midst of a contentious situation surrounding the initial listing of Notcoin as well as a reiteration of a blacklist warning from France's securities regulator.
CatherineNotcoin ($NOT) experienced a steep 70% decline post-launch due to rapid selling after a massive airdrop, underscoring the volatile nature of gaming tokens. While TapSwap seeks to capitalise on Notcoin's popularity, the long-term prospects of gaming tokens remain uncertain amidst underperformance in the sector.
JoyForbes recently unveiled its list of the top 20 most trustworthy crypto exchanges for 2024, and notably absent from the list is Binance. Could the impending jail term of the exchange's former CEO CZ, be a factor behind this omission?
KikyoFrank DeGods, also known as Rohun Vora, reflected on past decisions, admitting to prioritising community appeasement over long-term vision. He emphasised the importance of standing by convictions and offering flexibility, as demonstrated by the recent return to Solana and the adoption of cross-chain interoperability.
AnaisThe slowdown in US CPI inflation intensifies rate cut pricing, but several hawkish officials support the dollar. Gold fell first and then rebounded to reclaim $2410, while Bitcoin bulls surged past $67,000.
Alex