Binance says ChatGPT was weaponized to falsely claim it has Communist ties
According to crypto firm Binance, someone has fed ChatGPT lies to convince members of US congress that its CEO is a communist party official.
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Rallying stock and crypto markets brace for Fed’s interest rate decision
The Fed's decision on Wednesday is likely to dash hopes of a pivot from interest rate hikes, which has partly driven bitcoin's 2023 rally.
— First Republic Bank, JP Morgan
First Republic Bank collapses, JP Morgan to take over ‘all deposits’
JP Morgan will assume insured and uninsured deposits totalling $92 billion, and $30 billion in securities from First Republic Bank.
Crypto Twitter responds to SEC chair’s stern warning to crypto firms
SEC chair Gary Gensler tweeted his most severe warning to crypto exchanges to date, but the SEC still can't decide if ether is a security.
The Weekend Shift: DeFi, Trading Bots, Bitcoin City
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Congressional report says crypto didn’t cause bank runs — fear of exposure did
Although banks had minimal crypto exposure, panicked clients pulled out funds and sealed the fate of SVB, Silvergate, and Signature Bank.
— BBC, Boris Johnson
BBC chair linked to Russian crypto firm resigns following BoJo loan inquiry
BBC chairman Richard Sharp, also a crypto investor with ties to Russian oligarchs, will remain in his role until June.
Crypto traders unleash dangerous AI trading bots on DEXs
Users are unleashing a fleet of new AI-powered trading bots onto crypto DEXs. So far, their performance has been mixed.
Hackers use AT&T systems to steal millions in customer crypto, source says
According to a source, hackers created their own mail keys and used them to access AT&T customers' crypto exchange accounts.
El Salvador’s Bitcoin City canceled — but did it ever really exist?
Despite claims that Bitcoin City was "coming along beautifully," the Ministry of Public Works has seemingly denied all knowledge of it.