Bitcoin eyes liquidity above $30K as gold hits new all-time high
Bitcoin is back above $29,000 as the ongoing U.S. banking crisis sends spot gold higher than ever before.
Microsoft Opens Up Bing AI Chat Preview to All, Adds Support for Third-Party Services – CNET
You no longer need to join a waitlist to use Bing's chat feature.
AI
AI, ML and Deep Learning
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category-/Computers & Electronics
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Microsoft
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Microsoft launches new features for its AI-powered Bing and Edge
Microsoft announced a major expansion of its artificial intelligence-based search tools today, opening up new features that allow visual and multimodal searches as well as persistent chat tools. The updates…
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Mainstream media renew push for non-US FTX user identities
A May 3 filing to the United States Bankruptcy Court brings new objections to a motion that aimed to redact customer identities.
Balaji Srinivasan
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Crypto
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Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar.…
CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April.
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US regional bank shares sink despite Fed calling banking system ‘sound’
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.
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Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral.
$22M of Curve Finance algo stablecoin minted since mainnet launch
Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network.
Economics
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Robert Kennedy Jr mega crisis
Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’
U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed…