BLOCKCHAIN

25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more – Cointelegraph Magazine

[ad_1] Almost 25,000 investors have signed up to trade alongside ChatGPT as they follow the GPT Portfolio experiment from copy trading firm Autopilot. The traders have bet a combined $14.7 million on the AI’s stock picks, which would average about $600 each if they all invested after signing up. They’re hoping to take even a small slice of a purported 500% return from one of the strategies backtested in academic
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Ledger CEO says crypto key recovery service makes self-custody easier

[ad_1] Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that will eventually allow users to back up and restore their private seed phrase.Due to concerns expressed about the security elements of Ledger Recover, the hardware wallet manufacturer decided to postpone the launch of its service. On May 23, Charles Guillemet, chief technology officer of
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Another dormant Ethereum wallet reawakens after 8 years, moving millions

[ad_1] An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.The wallet received the 8,000 ETH after participating in Ethereum’s ICO (Initial Coin Offering) in 2015 and remained inactive until May 27. On that day, its owner began with a cautionary transfer of 1 ETH to a
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Bitcoin can bring ’cause and consequence into cyberspace’, boost security — Michael Saylor

[ad_1] Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a recent interview with Kitco News. Saylor illustrated his views using social media accounts created by robots as an example. According to him, billions of fake accounts are behind a digital "civil war" in today's society, stirring up hatred among real users of digital platforms."The
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Tornado Cash governance control set to be restored as voters approve proposal

[ad_1] The governance tokenholders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected proposal put forward by the attacker. This development allows the community to regain authority and steer the protocol toward recovery and improved security measures.On May 26, the proposal to restore control to the original governance tokenholders of Tornado Cash passed successfully. A total of 517,000 token votes favored the proposal, with
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Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum

[ad_1] Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds.According to PeckShield, a blockchain security unit, Jimbos Protocol, the liquidity protocol of the Arbitrum system, was hacked on the morning of May 28. The attack resulted in the loss of 4,000
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Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?

[ad_1] Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaited game may incorporate digital assets as rewards for players, nonfungible tokens (NFTs) as in-game goods, or even as part of the storyline's humor.The most recent speculations in the crypto community emerged last week on Twitter, but so far, there's no indication that Rockstar Games, publisher of the
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Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

[ad_1] Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing banking system crisis, and even a probe, as reasons for its cash flow problems.Also facing a tough time is wallet provider Ledger. The company decided to postpone its controversial recovery service amid community backlash.
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Stargate community proposes removal of Fantom USDC pool to mitigate risks

[ad_1] Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent "force majeure" incident impacting Multichain and the stability concerns surrounding anyUSDC, Fantom's main USDC asset. To address these concerns and safeguard the ecosystem, Stargate has introduced a comprehensive proposal and initiated a single-choice voting system for risk mitigation and ecosystem integrity. The voting period for the proposal began at 3:47 AM on May 27, 2023, and will end at
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Nigerian crypto company suspends withdrawals after BTC and naira compromise

[ad_1] Patricia, a Nigerian platform for gift card and crypto trading, has encountered a security breach, prompting immediate measures to safeguard its users. As a precautionary step, the platform has temporarily suspended fund withdrawals.The company announced that it was a victim of a security breach that compromised its Bitcoin (BTC) and naira assets. In the message it sent to users, it said other cryptocurrencies and customer funds were unaffected by