Bitcoin white paper hidden on macOS, Binance and DOGE news…

Top stories this week

Bitcoin white paper apparently hiding in Apple’s modern macOS

Satoshi Nakamoto’s original white paper laying out the thesis for the Bitcoin network is apparently hidden in all modern versions of the operating system for Apple’s Mac computers. An April 5 blog post by technologist Andy Baio revealed that a PDF of the Bitcoin white paper “has apparently shipped with every copy of macOS since Mojave in 2018.” Baio told Cointelegraph that he was trying to fix his printer and scan a document when Nakamoto’s white paper first appeared. He created a command prompt in Terminal that allows others to easily access the white paper.

Binance Australia Derivatives license canceled by securities regulator

The Australian Securities and Investments Commission has canceled the license of Binance Australia Derivatives following a targeted review of its operations in the country. The company’s customers will not be able to increase derivative positions or open new positions with the platform from 14 April, and existing derivative positions must be closed before 21 April. The Australian securities regulator also revealed that it has conducted a targeted review of Binance’s financials. service business in Australia, including the classification of retail and wholesale customers. Spot trading on Binance is still available to Australian residents.

FTX philanthropic donations have created a complex dilemma for the recipients

FTX’s philanthropic arm had pledged $1 billion in donations to research academics across prestigious universities. However, their team resigned after FTX filed for bankruptcy on November 11, 2022. Now, many scientists and researchers who were early recipients of the grant are now stuck in limbo over the payment of additional grants for their programs, while many students studying on the FTX Grant were forced to to drop their courses due to fear of repayment. The FTX Future Fund’s grants were focused on research projects for the safe development of artificial intelligence, the reduction of catastrophic biorisk, the improvement of institutions, economic growth, great power relations and effective altruism, among many others.

Elon Musk changes Twitter icon to Doge after asking for dismissal of lawsuit

Twitter’s traditional bird mascot was replaced on April 3 with an image of a Shiba Inu, the icon of the popular meme token Dogecoin. The update came two days after the social media platform’s CEO Elon Musk asked a US judge to dismiss a $258 billion lawsuit filed by investors who alleged the operation of a pyramid scheme to promote Dogecoin. However, Musk’s lawyers argue that “funny photos” and “tweeting endorsements” do not amount to a fraud claim. As for this week, the marketing move positively affected the price of the altcoin, with the DOGE token increasing by over 22% one hour after the icon was changed.

US Bitcoin Enters Tentative Settlement to Reopen Niagara Falls Mining Facility

Crypto miner US Bitcoin Corp has reached a tentative agreement with the city of Niagara Falls that will allow it to reopen its local mining operations, according to media reports. A state Supreme Court judge ordered the facility closed in early March. The settlement still requires approval from the city council. Under the potential settlement, the company would have to pay $150,000 in fees to the city and $180,000 to reimburse legal costs and new application fees, along with a $1 million fine. US Bitcoin Corp must also take steps to reduce noise at the facility, including building a noise-absorbing wall and submitting to third-party monitoring.

Winners and losers

At the end of the week, Bitcoin (BTC) is at $27,928Ether (ETH) on $1857 and XRP on $0.51. The total market value is at $1.18 trillion, according to CoinMarketCap.

Among the 100 largest cryptocurrencies, this week’s top three altcoin winners are Injective (INJ) of 21.19%, Enjin Coin (ENJ) of 17.75% and Basic Attention Token (BAT) of 9.19%.

This week’s top three altcoin losers are Mask Network (MASK) -15.39%, stacks (STX) of -14.84% and Arbitrum (ARB) -13.88%.

For more info on crypto prices, be sure to read Cointelegraph’s market analysis.

Most memorable quotes

“Creators deserve to be rewarded for their original work being used by AI engines that raid the style and tone of not only journalists, but […] musicians, writers, poets, historians, painters, filmmakers and photographers.”

Michael Millerexecutive chairman of News Corp Australia

“The goal of a CBDC within the framework of the payment system in Peru is to give the unbanked population access to digital payments.”

Central Reserve Bank of Peru

“How can we supervise firms that have no physical boundaries? We have to think more about how it goes [international coordination] can be effective in regulating the crypto world.”

Elizabeth McCaulrepresentative board member of the European Central Bank

“As investors adjust to volatility, they are diversifying their portfolios and adding more innovative products. Even with a turbulent year in crypto, interest has not completely cooled.”

Brown Brothers Harriman

“The possibilities that Web3 can offer are vast and only limited by our own imaginations.”

Haider Rafiqueglobal marketing manager at OKX

“AI technology and its effects on privacy are a priority for my office. […] We have to keep up with – and be at the forefront of – rapid technological advances.”

Philippe DufresnePrivacy Commissioner of Canada

Prediction of the week

Bitcoin rests at $28,000 as US jobs data boosts fresh bets on Fed rate hikes

Bitcoin’s price is still hovering around $28,000 at the end of the week, as the BTC/USD pair rejected the volatility of the previous days. The much-anticipated US non-farm payrolls came in slightly below expectations on April 7, indicating that the unemployment rate is rising more slowly than forecast.

The data also raised market expectations that the Federal Reserve would continue to raise interest rates to fight inflation – at the expense of crypto and risk asset performance.

Michaël van de Poppe, founder and CEO of trading firm Eight, summed up his expectations. “Bitcoin remains in a dull frame of mind. Consolidating for weeks, while old altcoins break out,” he noted. “I’m still looking at support here, which $27,600 needs to hold. If lost, $25,000-25,400 seems likely. Holding here through NFP -> $30,000 next.”

FUD of the week

US government regulators announce $10m settlement with Robinhood ‘for failing investors’

The California Department of Financial Protection and Innovation announced a settlement with crypto and stock trading platform Robinhood involving a payment of up to $10.2 million in fines “for operational and technical errors that harmed high street investors.” The platform suffered a series of system outages in March 2020 which caused users to miss out on trades while many of the services were unavailable. The platform’s outage led some affected users to file a class action lawsuit against Robinhood. The US Financial Industry Regulatory Authority also fined the firm approximately $70 million for causing “widespread and significant harm” to thousands of users.

Sentiment recovers $870K after negotiations with hacker

Lending Protocol Sentiment was able to recover over $870,000 in stolen funds by offering the hacker a $95,000 bounty. The protocol was exploited on April 4, with losses close to 1 million dollars. In a transaction on the Arbitrum blockchain, Sentiment sent a message to the hacker offering $95,000 if the funds were returned by April 6, urging the hacker to “do the right thing.” Community members criticized crypto companies for not taking bug bounty seriously and praised the hacker’s efforts to “take it by force.”

OpenAI faces Canadian privacy investigation alleging collection of personal information

OpenAI, the creator of artificial intelligence chatbot ChatGPT, is under investigation by Canada’s Privacy Commissioner for allegedly collecting and using personal information without consent. Canada’s investigation comes as Germany, France, Ireland and Spain look at possible action against AI after a temporary block on ChatGPT in Italy. In the US, the Center for Artificial Intelligence and Digital Policy (CAIDP) filed a complaint on March 30 with the Federal Trade Commission in an attempt to stop the release of powerful AI systems to consumers.

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Cointelegraph Magazine writers and reporters contributed to this article.