A new quantum random number generator has achieved a speed of 2 Gbit/s. This breakthrough was made possible by leveraging quantum fluctuations, specifically quantum flickering related to the formation and self-destruction of particles and antiparticles, as well as the associated fields of energy
Billionaire Elon Musk recently made a statement warning that he would ban Apple devices at his companies if Apple integrates OpenAI at the operating system level. Musk, who is the CEO of Tesla, SpaceX, and owner of social media company X, called it an "unacceptable security violation"
. Apple and OpenAI have not yet responded to these comments
At the Apple Worldwide Developers Conference (WWDC) in 2024, Apple announced several updates and new features, including the integration of OpenAI's chatbot ChatGPT into its devices and the unveiling of its new "Apple Intelligence" technology
Russia is set to recognize Bitcoin mining as an economic activity. After the approval of a crypto mining law, Bitcoin mining would receive an OKVED code to be recognized as an economic activity in Russia . The Russian Ministry of Economic Development has greenlighted the concept of crypto mining regulation in the country, proposing to allow mining operations in areas with sustainable surplus in electricity generation
Mexican billionaire Ricardo Salinas has recently reiterated his support for Bitcoin and advised using it as an inflation hedge. Salinas, the third wealthiest man in Mexico and the honorary chairman of TV Azteca, has been vocal about his belief in Bitcoin's role as a reserve asset and a protector of individual wealth . He has recommended purchasing Bitcoin and taking advantage of its constant appreciation in value . Salinas has also revealed that 60% of his liquid investment portfolio is in Bit
The labor minister of Spain, Yolanda Diaz, has not stepped down following the election results. In fact, she recently launched her bid to become the country's first woman prime minister at a packed event in Madrid
The construction of Bitcoin City in El Salvador has faced significant delays, leading to the departure of the self-proclaimed first citizen, Corbin Keegan, after waiting for over two years for the settlement to be built . Despite the grand announcement by President Nayib Bukele, progress on Bitcoin City has been slow
Bitcoin miners recently experienced a brief period of significantly higher values for the computational power they contribute to the Bitcoin network, known as the hashprice. This spike in hashprice was caused by rapid fluctuations in Bitcoin fees. On June 8, the hashprice climbed to $95 per petahash, marking the highest level since the halving. However, by the following day, Bitcoin fees had substantially decreased, causing the hashprice to decline as well
In the first full trading week of June, U.S. Bitcoin exchange-traded funds (ETFs) acquired almost as much Bitcoin as they did in the entire month of May. The 11 ETFs bought 25,729 Bitcoin (BTC) between June 3 and 7, which is around eight times more than the 3,150 new BTC mined during the same time period. This acquisition is equivalent to around two months' worth of Bitcoin mining supply. The total inflows for the ETFs amounted to approximately $1.83 billion
The Trump campaign has shown an increasing interest in Bitcoin and cryptocurrency. David Bailey, a crypto aide for the Trump campaign, recently announced that former President Donald Trump will participate in a Presidential Roundtable on domestic Bitcoin mining
The Financial Services Commission (FSC) of South Korea has issued guidelines clarifying when non-fungible tokens (NFTs) can be treated as virtual assets . According to these guidelines, NFTs that are mass-produced, divisible, and can be used as a means of payment will be regulated similarly to cryptocurrencies
Singaporean authorities have issued an advisory alerting local businesses about the rising threat of Bitcoin ransomware, specifically the Akira ransomware variant . Akira is a notorious ransomware group that has targeted over 250 organizations across North America, Europe, and Australia, stealing $42 million within a year
Apple is expected to showcase how it is integrating artificial intelligence (AI) across its software suite at its annual developer conference, WWDC 2024. This integration includes a revamped Siri voice assistant and a possible tie-up with OpenAI, the owner of ChatGPT
A two-year legal battle between Arm Holdings and Qualcomm has the potential to disrupt the emerging wave of new personal computers powered by artificial intelligence (AI) . This legal dispute has raised concerns among tech industry executives and experts, as it could potentially halt the shipment of new PCs that are expected to generate significant revenue for Microsoft and its partners Arm Holdings, a British company majority-owned by Japan's SoftBank Group, filed a lawsuit against Qualcomm
In terms of specific cryptocurrencies, Ethereum had its best week since March, with a total inflow of $69 million . This surge in inflows is likely a response to the unexpected decision by the U.S. Securities and Exchange Commission (SEC) to allow spot-based ETFs on Ethereum
Ripple has partnered with the National Bank of Georgia (NBG) to digitize the Georgian economy
. The partnership builds on their previous collaboration, where Ripple served as the technological partner for the NBG's pilot central bank digital currency (CBDC) project called the digital lari . The discussions between Ripple and the NBG focused on exploring potential avenues for collaboration in advancing the digitization of the Georgian economy
The Solana Foundation has taken action against a group of validator operators involved in sandwich attacks on traders. Sandwich attacks are a deceptive practice that exploit the transaction sequencing on blockchain networks like Solana and Ethereum. In a sandwich attack, a malicious actor places two transactions around a victim's transaction to profit from price changes
Microsoft has announced the launch of a new program called the Microsoft Cybersecurity Program for Rural Hospitals. This program aims to help protect rural hospitals in the United States from cyberattacks
Microsoft recently held its annual Xbox Games Showcase, where it unveiled a new all-digital version of its Xbox Series X and S consoles, as well as trailers for several games, including the highly anticipated next installment
The call was made using a regular smartphone over a public 5G network . The technology can be used not only for person-to-person immersive calls but also in conference calls, where voices of participants can be separated based on their spatial locations
CoinGecko, a cryptocurrency data aggregator, has confirmed a data breach involving its third-party email management platform, GetResponse. The breach occurred on June 5, 2024, and resulted in the compromise of over 1.9 million CoinGecko user contacts
Bitcoin has experienced a surge in price recently, and there has been a significant influx of funds into U.S. spot Bitcoin exchange-traded funds (ETFs) over the past few days. This has led to speculation about the expectations of whales and the potential for further price increases
Telegram has recently launched a new digital payment feature called Telegram Stars, which allows users to make in-app purchases . This feature is compatible with both iOS and Android devices . With Telegram Stars, mini apps can accept payments for digital services . Additionally, app developers can swap their Stars for Toncoin (TON), the token of The Open Network, using the exchange Fragment
President Biden delivered a speech at Pointe du Hoc on the 80th anniversary of D-Day, emphasizing the importance of freedom and democracy . Pointe du Hoc is a significant location along the coast of Normandy, France, where U.S. Army Rangers scaled cliffs during the D-Day invasion in World War II
The negotiations for a new minimum wage in Nigeria have hit a roadblock, leading to increased restiveness within the labor movement. The Federal Government's negotiating team has failed to present a new minimum wage proposal to the Technical Committee on the New National Minimum Wage. The meeting concluded with assurances that there is no cause for alarm, yet details of the discussions remain undisclosed
Israeli Prime Minister Benjamin Netanyahu is scheduled to address a joint meeting of Congress on July 24, according to multiple sources . House Speaker Mike Johnson and Senate Minority Leader Mitch McConnell announced the bipartisan and bicameral meeting, emphasizing the enduring relationship between the United States and Israel.
Tether, a leading stablecoin issuer, has partnered with Nodo to drive stablecoin and Bitcoin education in Africa . This collaboration aims to educate African users about the use cases of stablecoins and facilitate transactions with Tether's USDT stablecoin
SpaceX, the private aerospace company founded by Elon Musk, won't be taking a trip to the Hubble Telescope anytime soon. NASA has formally rejected SpaceX's commercial repair offer for the Hubble Telescope, and there are no immediate plans for a SpaceX crew to visit the telescope
Twetch, a Web3 social media platform and competitor to X that operates on the Bitcoin SV (BSV) blockchain, unexpectedly shut down operations on June 6 without prior notice . The reasons for the shutdown have not been explained on Twetch's website . However, the company has stated that they are seriously considering open-sourcing their platform, allowing anyone to spin up their own version of Twetch
Bitdeer, a Bitcoin mining company, has introduced an energy-efficient Bitcoin mining chip called SEAL04. This chip is designed to enhance Bitcoin mining performance, minimize power consumption, lower costs, and reduce the environmental footprint of mining operations
The potential reintroduction of Operation Concatenate (OP_CAT) in Bitcoin has generated both excitement and concerns about its security implications . OP_CAT is a code that was originally introduced by Satoshi Nakamoto in the original Bitcoin script, allowing users to combine two data sets into a single transaction script
The potential reintroduction of Operation Concatenate (OP_CAT) in Bitcoin has generated both excitement and concerns about its security implications
. OP_CAT is a code that was originally introduced by Satoshi Nakamoto in the original Bitcoin script, allowing users to combine two data sets into a single transaction script
The U.S. Justice Department and the Federal Trade Commission have reached a deal that paves the way for potential antitrust investigations into the dominant roles played by Microsoft, OpenAI, and Nvidia in the artificial intelligence (AI) industry . This agreement reflects the increasing regulatory scrutiny surrounding concentration in the AI industry
The domestic gold market in Vietnam is highly regulated, and Vietnamese investors have limited options for investing in gold . However, there is strong support among investors for measures to open new avenues for investing in gold, which could help solidify gold's position in Vietnam's vibrant FinTech landscape
Bitdeer, a Bitcoin (BTC) miner, has agreed to acquire Desiweminer, a designer of chips for ASIC mining machines, in an all-stock transaction worth $140 million. This acquisition is part of Bitdeer's efforts to expand its data center and develop ASIC-based mining rigs . Desiweminer specializes in blockchain-oriented ASIC chip development and manufacturing of crypto miners
Hyperscalers and artificial intelligence (AI) firms are actively exploring different alternatives to secure their energy needs. This emerging trend is driven by the increasing demand for substantial computing power and energy efficiency . These companies are targeting Bitcoin mining companies with attractive power contracts for acquisitions, as they require significant computing power and energy efficiency
Sam Means, co-founder of Wavlake, is bringing the DIY spirit of punk rock to Bitcoin. Wavlake is a music streaming platform that employs Bitcoin and the value4value model of monetization to disrupt the music industry . The platform enables artists to collect Bitcoin payments from their fans, providing a new way for musicians to receive financial support
According to renowned personal finance author Robert Kiyosaki, he has predicted that Bitcoin will reach $350,000 by August 25, 2024 . Kiyosaki has been known for his bullish stance on Bitcoin and has been advocating for it as a hard money alternative
Bitstamp, founded in 2011, is one of the oldest and most respected cryptocurrency exchanges. It holds 50 active licenses and registrations globally and has a strong presence in Europe and Asia. Bitstamp's core spot exchange offers over 85 tradable assets, making it popular among retail and institutional customers
This follows their second-best inflow day of $886.6 million on June 4, 2024. The Fidelity Wise Origin Bitcoin Fund accounted for the largest share of inflows on June 5, with $220.6 million . These inflows indicate continued investor interest in Bitcoin ETFs, despite a decrease in Google searches compared to the bull run in 2021. Overall, spot Bitcoin ETFs have seen significant inflows in recent weeks, with year-to-date inflows exceeding $5.7 billion
According to Marathon Digital's monthly report, the company sold 63% of the total Bitcoin it mined in May. This amounted to 390 Bitcoin out of the 616 Bitcoin it produced during the month
The Human Rights Foundation (HRF) recently announced its most recent round of Bitcoin Development Fund grants at the Oslo Freedom Forum. The grants will be distributed across 13 different projects worldwide, with a total of 10 bitcoin, currently worth $704,740, being granted
According to the information found on DMM Bitcoin's website, the company has guaranteed that all clients who held Bitcoin (BTC) during the hack will receive a refund. DMM Bitcoin stated that they will procure the equivalent amount of BTC that was leaked with support from their group companies to ensure that all customers' Bitcoin deposits are fully guaranteed
if the price of Bitcoin reaches $72,000, it could act as a trigger for a breakthrough of the $75,000 psychological barrier and pave the way to new all-time highs. Woo suggests that reaching $72,000 would spark a wave of mass liquidations, potentially leading to a new ATH for Bitcoin. He also mentions that there are $1.5 billion worth of short positions ready to be liquidated all the way up to $75,000
Bitget, a leading cryptocurrency exchange and Web3 company, has partnered with Sumsub, a full-cycle KYC verification provider, to enhance security and protect its 25 million users worldwide . The collaboration aims to combat the rising threat of deepfake scams by leveraging Sumsub's AI-powered deepfake detection and fraud prevention technology
Telegram Open Network (TON) is a community-driven blockchain that was developed by Telegram, the encrypted messaging system. Originally released to facilitate in-application transactions within the Telegram app, TON has grown into a blockchain network with fast processing and validation times. TON is a Layer-1 blockchain that operates on a proof-of-stake consensus mechanism
The Nigerian government has accused Binance of being involved in money laundering and tax evasion, which they claim has contributed to the devaluation of Nigeria's official currency, the naira . However, Binance has denied these allegations . Nigerian authorities have also sought a court order to compel Binance to release user data
However, Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, has stated that OPEC+ would pause the unwinding of the cuts or reverse them if demand is not strong enough to absorb the additional barrels . The intention has always been to gradually increase supply and avoid a supply surge that could negatively impact the market
AI data startup Scale AI is valued at nearly $14 billion, while foundation model developers Cohere and Mistral are reportedly in talks with investors to raise funds at a valuation of $5 billion each. Foundation AI models are built using large volumes of data and can be applied across a wide range of use cases
The Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) to launch the country's first spot Bitcoin exchange-traded fund (ETF). The ETF, named the ONE Bitcoin ETF Fund of Funds Unhedged, is scheduled to be distributed between May 31 and June 6, 2024. However, it is important to note that this fund is limited to wealthy and institutional investors
BlackRock's iShares Bitcoin Fund (IBIT) has crossed the milestone of $20 billion in assets under management. This achievement is attributed to the 15 consecutive sessions of net inflows experienced by U.S.-based spot Bitcoin ETFs, as well as the rally in the price of Bitcoin
Overall, while the Chinese government has implemented strict regulations and bans on cryptocurrencies, cryptocurrency trading remains active in mainland China through various means and channels
Japanese cryptocurrency exchange DMM Bitcoin recently suffered a major hack, losing 4,502.9 Bitcoin (BTC) worth about 48 billion yen ($305 million). In response to this incident, DMM Bitcoin has announced plans to raise funds to buy BTC in order to compensate its customers
Notes by melina dest | export