The Bitcoin white paper is apparently hidden within every modern version of Apple’s macOS operating system. Technologist Andy Baio discovered that the Bitcoin white paper has been shipped with every copy of macOS since Mojave in 2018, and created a prompt in Terminal to enable others to easily access it. Meanwhile, the Australian Securities and Investments Commission has cancelled the license of Binance Australia Derivatives after a review of its operations in the country. Clients will not be able to increase derivative positions or open new positions from 14 April, and existing positions must be closed by 21 April. This week also saw the marketing move of Elon Musk changing his Twitter icon to that of Doge, positively impacting the altcoin’s price. Predictions around Bitcoin’s price focus on its consolidation and the need to break through $27,600 to prevent further decrease.
The FTX philanthropic arm had pledged $1 billion in donations towards research academics across prestigious universities. Its team then resigned after FTX filed for bankruptcy on 11 November 2022. Many scholars and researchers who were early recipients of the grant are now stuck in limbo over payment of further grants for their programs, while many studying on FTX grants were forced to drop out of their courses due to fear of repayment. FTX Future Fund’s grants were focused on research projects for the safe development of artificial intelligence, reducing catastrophic bio-risk, improving institutions, economic growth, great power relations and effective altruism, among others.
Crypto and stock trading platform Robinhood has settled with the California Department of Financial Protection and Innovation, agreeing to an up to $10.2 million payment in penalties for operational and technical failures that harmed everyday investors. Meanwhile, OpenAI, the creator of the artificial intelligence chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for allegedly collecting and using personal information without consent. This comes as Germany, France, Ireland and Spain review action against AI, and the Center for Artificial Intelligence and Digital Policy (CAIDP) filed a complaint with the Federal Trade Commission in an attempt to halt the release of powerful AI systems to consumers.
Bitcoin rests at $28k as US jobs data boosts new Fed rate hike bets. The highly anticipated US nonfarm payroll figures came in slightly below expectations on 7 April, indicating unemployment rising more slowly than predicted. The data also raised market expectations that the Federal Reserve would persist in raising interest rates to combat inflation, at the expense of crypto and risk asset performance. The predictions for Bitcoin’s price focus on consolidating at $27,600 and holding through NFP to break through to $30,000 next.
Finally, winners and losers of the week in the crypto space include Injective, Enjin, and Basic Attention Token as top gainers, and Mask Network, Stacks, and Arbitrum as the top losers.
