US vice president gathers top tech CEOs to discuss dangers of AI
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology.
Posts published on May 4, 2023 go to media archive 1/4
Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals
Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules to aid…
Coinbase remains '100% committed' to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.
Cash App Bitcoin revenue tops $2 billion in the first quarter
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App.
Tron Price Prediction: TRX Outperforms Bitcoin, Aims $0.075
Tron price is up over 5% and showing positive signs above $0.068 against the US Dollar. TRX outperformed Bitcoin and rise further towards $0.075. Tron is trading in a positive zone above the $0.0680 pivot level against the US dollar. The price is…
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs.
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator…
Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators.
Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key
Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance. Ethereum is moving higher toward the $2,000 resistance. The price is trading above $1,880…
Bitcoin Price Prints Bullish Technical Pattern, Why Close Above $30K Is Critical
Bitcoin price is rising steadily above $29,000. BTC could start a strong upward move if there is a close above the $30,000 resistance. Bitcoin is showing positive signs and rising toward the $30,000 resistance zone. The price is trading above…
Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.
Kenya considers tax on crypto, NFT transfers and online influencers
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.
Iran Seeks BRICS Membership to Counter Western Hegemony, Promote Multipolar World, Says President Raisi
Iranian President Ebrahim Raisi has condemned the current unipolar world order, emphasizing that Iran plans to join the BRICS group to help create a multipolar world. “Iran wants to have constructive relations with all states on the basis of common…
Voyager creditors could start seeing funds in the ‘next few weeks’
The bankrupt crypto brokerage has entered the final stages of liquidation procedures after Binance abandoned its acquisition deal last week.
Coinbase share price spikes 7.9% as Q1 results beat expectations
Coinbase CEO Brian Armstrong called the quarter a "turning point" for the company as it worked towards a more "financially disciplined" firm.
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
From $27 to $4M: Pepe Wallet Unable To Sell Unstoppable Rally
Pepe is the hot new meme coin that everyone can’t stop talking about. The enormous climb in value in a short time is responsible for all the chatter. One particular whale turned $27 into more than $4M. Yet, according to the cryptocurrency…
Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?
The number of daily Bitcoin (BTC) transactions on the blockchain has risen, reaching an all-time high of 682,000 on May 1st. Rafael Schultze-Kraft, one of the founders of Glassnode, has suggested that this increase in transaction volume is likely…
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the…
Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new 3AC venture in hot water in Dubai.
Pro-XRP Attorney Shares Information That Could Be Bullish For Ripple
In a new development, a pro-XRP attorney has shared some startling information that could point toward victory for Ripple in its ongoing securities battle against the United States Securities and Exchange Commission (SEC). This ruling in another…
Montana Passes Bill Protecting Bitcoin Mining From Undue Requirements
Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state.The Montana legislature has passed a bill that protects the right to mine bitcoin, among other provisions. The bill is designed…
Ethereum Transaction Fees Hit May 2022 Highs, What This Means For ETH?
Ethereum transaction fees are once again hitting highs last seen since May 2022. This development has raised concerns about the impact on the Ethereum network usage and its native cryptocurrency, ETH. Ethereum, the second-largest crypto by market…
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.
Bentaus Mining Develops Mining Technician Course At Florida State College Jacksonville, Will Donate Curriculum To West Java
Indonesian governor Ridwan Kamil joined Bentaus CEO Robert Davidoff at a ribbon cutting ceremony in New York today for the course.Governor Ridwan Kamil of West Java, Indonesia, joined members of the NYC bitcoin community in a ribbon cutting…
Montana governor signs pro-cryptocurrency mining bill into law
The legislation includes revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms and not allowing taxation for crypto used as a method of payment.
Wrapping Up Consensus 2023
Missed Consensus 2023? Catch up on some of the most important conversations here.
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.