FTX EU opens withdrawal, Elon Musk calls for AI shutdown and Binance news: Hodler's Digest, March 26-April 1
Top stories this week FTX EU launches withdrawal website to refund European users
The European branch of FTX has launched a website for . This comes nearly five months after the global trading platform collapsed and went bankrupt in early November. Meanwhile, in the United States, lawyers for former CEO Sam Bankman-Fried have five additional charges, including China bribery charges. Out on bail since being handed over to the United States from the Bahamas, Bankman-Fried now has internet access under a new court settlement.
Tesla CEO Elon Musk and Apple co-founder Steve Wozniak were signatories to a and researchers calling for a temporary shutdown of everything. The petition raised concerns that AI with human competitive intelligence could pose serious dangers to society and humanity. He urged all AI companies to "immediately stop" developing AI systems more powerful than GPT-4 for at least six months. Although supported by many people, the petition has divided the wider tech community on halting developments.
Binance and CZ sued by CFTC for violating US regulationsby the U.S. Commodity Futures Trading Commission against Binance and its CEO, Changpeng “CZ” Zhao. Claims against the crypto exchange include failure to register with regulators, non-compliant transactions, obscuring the location of its executive offices, and executing transactions for people in the United States since 2019, despite a policy of blocking or restricting customers in the country. Binance's CEO said, arguing that the crypto exchange "does not trade for profit or 'manipulate' the market under any circumstances," but primarily to cover expenses in fiat or other cryptocurrencies using its crypto income.
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Authorities from the United States and South Korea followed his arrest in Montenegro. According to the Montenegrin Minister of Justice, Marko Kovač, decisions regarding Kwon's custody will be made by the High Court of Montenegro and will be based on a number of factors, including the severity, location and time of the his alleged criminal offences. While in police custody in Montenegro, Kwon could be in the country's penal system since conditions of detention have not changed from those described in a 2020 US State Department human rights report. .
"Withdrawals are coming!" - Ethereum devs confirm Shapella fork eraEthereum core developers have shared more details about the highly anticipated hard fork of Shapella, which . Shapella will go into effect at epoch 194048, scheduled for 22:27 UTC on April 12. Withdrawals will be enabled by Ethereum Improvement Proposal (EIP) 4895 by "pushing" the staked Ether from the Beacon chain to the execution layer. There are 17.81 million Ether staked on the Beacon Chain, with several mechanisms in place to ensure that a flood of Ether does not disrupt the market.
The European branch of FTX has launched a website for . This comes nearly five months after the global trading platform collapsed and went bankrupt in early November. Meanwhile, in the United States, lawyers for former CEO Sam Bankman-Fried have five additional charges, including China bribery charges. Out on bail since being handed over to the United States from the Bahamas, Bankman-Fried now has internet access under a new court settlement.
Tesla CEO Elon Musk and Apple co-founder Steve Wozniak were signatories to a and researchers calling for a temporary shutdown of everything. The petition raised concerns that AI with human competitive intelligence could pose serious dangers to society and humanity. He urged all AI companies to "immediately stop" developing AI systems more powerful than GPT-4 for at least six months. Although supported by many people, the petition has divided the wider tech community on halting developments.
Binance and CZ sued by CFTC for violating US regulationsby the U.S. Commodity Futures Trading Commission against Binance and its CEO, Changpeng “CZ” Zhao. Claims against the crypto exchange include failure to register with regulators, non-compliant transactions, obscuring the location of its executive offices, and executing transactions for people in the United States since 2019, despite a policy of blocking or restricting customers in the country. Binance's CEO said, arguing that the crypto exchange "does not trade for profit or 'manipulate' the market under any circumstances," but primarily to cover expenses in fiat or other cryptocurrencies using its crypto income.
Read also
FeaturesGuide to Real Crypto OGs You'd Meet at a Party (Part 2)
FeaturesHow to stop AI from “annihilating humanity” using blockchain
Authorities from the United States and South Korea followed his arrest in Montenegro. According to the Montenegrin Minister of Justice, Marko Kovač, decisions regarding Kwon's custody will be made by the High Court of Montenegro and will be based on a number of factors, including the severity, location and time of the his alleged criminal offences. While in police custody in Montenegro, Kwon could be in the country's penal system since conditions of detention have not changed from those described in a 2020 US State Department human rights report. .
"Withdrawals are coming!" - Ethereum devs confirm Shapella fork eraEthereum core developers have shared more details about the highly anticipated hard fork of Shapella, which . Shapella will go into effect at epoch 194048, scheduled for 22:27 UTC on April 12. Withdrawals will be enabled by Ethereum Improvement Proposal (EIP) 4895 by "pushing" the staked Ether from the Beacon chain to the execution layer. There are 17.81 million Ether staked on the Beacon Chain, with several mechanisms in place to ensure that a flood of Ether does not disrupt the market.
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