Bing may pose risks linked to generative AI, such as so-called ‘hallucinations’, deepfakes, as well as the automated manipulation of services that can mislead voters.”
cointelegraph.com/news/microsoft-billion-dollar-fine-eu-bing-artificial-intelligence-ai
Strength on $SOL has been incredible on this bounce - very clear this is still the best trade of this cycle.
Solana has proven to be the fastest among large blockchains, with its actual daily average transactions per second (TPS) reaching a record high of 1,504 on April 6th this year amid the memecoin mania.
This makes Solana 46 times faster than Ethereum, and more than five times faster than Polygon, which has the highest TPS among Ethereum scaling solutions.
Recovering stolen crypto assets can be challenging, given the nature of cryptocurrency. However, it’s not impossible to freeze and retrieve the assets with the help of experts and law enforcement agencies.
www.cryptopolitan.com/rexxfield-recovers-over-670000-btc-stolen/
Scalability is about making technology more accessible to Web3 builders and consumers. If developers can build scalable applications, they can reach more users without increasing their costs significantly or needing to multiply their resources. For those wishing to bootstrap a chain with limited resources, layer-3s could serve as a promising opportunity.
Ethena Labs’ new stablecoin topped $ 2 billion in market cap faster than any other dollar-pegged asset in crypto’s history. But USDe’s meteoric rise has sparked fears that it might repeat the high-profile collapses of other stablecoins.
cointelegraph.com/magazine/real-risks-ethena-stablecoin-model-not-ones-you-think/
Under U.S. sentencing guidelines, Judge Jones could put CZ in federal prison for up to 10 years, but there is a recommended sentence of 12 to 18 months for the charge he's facing. Bankman-Fried received a 25-year sentence on March 28, but other than the fact both cases involve high-profile members of the crypto space, there are few similarities. Some have suggested that given his guilty plea and cooperation with authorities, Zhao could face no prison time.
Argentina’s economic woes intensify as inflation hits record highs, pushing tourists and dollars away. Amidst this financial turmoil, President Javier Milei finds time for a little date with Elon Musk in Texas.
www.cryptopolitan.com/argentina-economy-crashing-milei-elon-musk/
Grand Base, a platform for assets tokenization on Coinbase’s layer-2 blockchain, has disclosed a loss of $ 1.7 million due to a private key compromise. The occurrence resulted in a financial loss and a decline in the value of its token by 99% in a single day.
www.cryptopolitan.com/hackers-drain-millions-from-grand-base/
BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme
cryptonews.com/news/bitmex-co-founder-to-face-class-action-lawsuit.htm