FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded – AabeyLLC Crypto

By Thomas Perfumo, Kraken Chief Economist Bitcoin just minted its 20 millionth coin. With only 1 million left to mine – and those spread across more than a century of halvings to come – the supply of Bitcoin is, for all practical purposes, effectively fixed. More than 95% of all the bitcoins that will ever…

OpenAI has revealed that its latest artificial intelligence (AI) model, GPT-4o, poses a “medium risk” in its potential to influence political opinions through generated text. This assessment is part of the “System Card” report published by the company on August 8, which addresses various safety concerns associated with GPT-4o, the engine behind OpenAI’s ChatGPT service. Notably, the…

Key Takeaways Ohio’s strategic crypto reserve bill allows up to 10% investment of state funds in digital assets. Only Bitcoin meets the bill’s market cap threshold, ensuring limited initial investment options. Share this article Former presidential candidate Vivek Ramaswamy praised Ohio’s new strategic crypto reserve bill as powerful and thoughtful. Introduced by State Representative Steve…

XRP has rebounded to $2.18, overcoming an hourly death cross signal. The RLUSD volume has dropped over 60% amid halted minting. XRP is likely to trade between $2.15 and $2.25 in the short term. The price of XRP has shown notable resilience even as broader market sentiment remains cautious. As of press time, XRP trades…

A recent phishing attack targeting a Solana user has resulted in significant losses. As per Scam Sniffer, a Web3 anti-scam platform, the Soalna user reportedly lost nearly $40,000 in $BONK and $SOL tokens with the incident taking place on the 24th of October. The anti-scam platform took to social media to discuss the impact of…