This Report will provide you with some essential and quick news about cryptocurrencies that happened around the world.
1) Elon Musk Reaffirms The Destructive Potential Of Artificial Intelligence
While tech titans from around the globe work to materialize the concept of a generative artificial intelligence (AI) to assist humans in their daily lives, the risk of the nascent technology going wrong is imminent. Elon Musk, CEO of Tesla and Twitter, reminded the public of AI’s potential to destroy civilization in light of this possibility…[continue reading]
2) Do Kwon Attorneys Receive $7 Million In Advance Of The Terra Disaster
Prosecutors believe the information will aid in the ongoing fraud case as they attempt to link Kwon’s prepayment of the law firm to his malicious intent. South Korean prosecutors verified that Terraform Labs CEO Do Kwon transferred $7 billion to Kim & Chang, a prominent South Korean law firm, just prior to the catastrophic collapse of the Terra ecosystem…[continue reading]
3) Elon Musk Is Offering 1,000,000 Dogecoin (DOGE)
A Dogecoin designer maintained that Elon Musk never owned an emerald mine and offered 69,420 DOGE to any media outlet that could provide evidence of its existence. Musk responded by upping the stakes, offering a staggering 1 million Dogecoin for the same evidence…[continue reading]
4) The Governor Of Arizona Vetoes A Bill Prohibiting Local Taxes And Levies On Crypto Mining
The decision of Governor Katie Hobbs could result in mining regulations being decided at the county level. In a letter dated April 12, Arizona Governor Katie Hobbs vetoed legislation intended to prevent local governments from taxing cryptocurrency mining operations…[continue reading]
5) US Assists Malta In Unlocking The Phone Of An Alleged Abductor And Crypto-Scammer
Authorities believe Milton, who is currently free on bond for unrelated kidnapping allegations, convinced a man over lunch to give over his phone so they could invest in cryptocurrency. Instead, he transferred the man’s tokens into his own wallet, according to the accusation…[continue reading]
6) Cardano Developer IOG Launches Lace Wallet, Boosting The ADA Ecosystem
Users can stake ADA tokens directly on Lace to contribute to the security of the Cardano network and earn rewards. Lace is a web-based wallet comparable to the well-known MetaMask product. It enables users to directly connect to the Cardano network and utilize Cardano-based decentralized applications…[continue reading]
7) Over $2 Billion In Ethereum Rewards Will Be Liquid Within Five Days Of Shapella’s Launch
After Shapella, “partial withdrawals” will be available for over 1,100,000 ETH ($2 billion) in accumulated validator rewards. According to on-chain estimates, more than 1.1 million ether, or $2 billion, in accrued validator rewards will be available for a claim following today’s Shapella upgrade for Ethereum…[continue reading]
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