White House receives over 10,000 comments on AI development plan

The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates. Among the stakeholders providing inputs were AI giants such as OpenAI, Meta, Amazon, Google, and Microsoft. In addition, organizations … Read more

Pro-Bitcoin Samson Mow Calls for Strategic Bitcoin Reserve Adoption in Japan

Following in the footsteps of US President Donald Trump, many governments are planning to adopt a Strategic Bitcoin Reserve. Now, Japan is in the spotlight due to its crypto-friendly stance, despite previously rejecting a similar reserve proposal. Adding more momentum, Bitcoin maximalist Samson Mow has drawn the Japanese government’s attention to the significance of embracing … Read more

Avalanche-powered Axiym bets on money services businesses

Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph. Headquartered in Dubai, United Arab Emirates, Axiym disclosed on April 24 that it has processed more than $132 million in cumulative volume on the Avalanche blockchain. The … Read more

Binance CEO: Onboarding Next Billion

Richard Teng, the chief executive of Binance who replaced Changpeng Zhao (CZ) in November 2023, has taken to his account on the X platform (formerly known as Twitter) to share with the community the key directions Binance intends to follow in the near future. Teng addressed his X followers, gaining their attention with three major … Read more

Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signals

Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date. Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and … Read more

Ethereum’s L2 approach equals many high-throughput chains — Avail exec

Ethereum’s focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail, a unified chain abstraction solution. In an interview with Cointelegraph, Arjun acknowledged that Ethereum and high-throughput competitors with monolithic architecture … Read more

Bitcoin Without Privacy Is A Surveillance System

Builder: Yuval Kogman (nothingmuch) Language(s): Rust, C#, Go, Python Contribute(s/ed) To: rust-payjoin, WabiSabi/Wasabi 2.0, General Privacy Research Work(s/ed) At: Spiral (currently), zkSNACKS (formerly) Yuval had an interest in subjects related to Bitcoin far before it was actually birthed into the world. A lifetime software developer and technology enthusiast, as well as a general purpose autist, … Read more

Analyst Predicts Bitcoin Price Dip To This Level: Here’s Why It Matters

The Bitcoin price experienced a minor pullback after a significant bullish rebound yesterday. While Bitcoin is currently trading around the $92K level, analysts have identified the $94k-$95k zone as a crucial resistance area for BTC to further surge. Let’s analyze whether BTC would break past the resistance zone or pull back to another low. Can … Read more

Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional Accumulation

Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018, … Read more