Good morning crypto-people :)
I hope that you had a lovely Tuesday.
I am often reading CoinTelegraph. Here are some recent news:
Genesis Settlement Disrupted by New Creditor Demands, DCG Says
New demands from certain creditors have disrupted tGenesis Mining, a cryptocurrency mining firm, dealing with creditor claims for some time. he ongoing settlement process for the Genesis Mining creditor claims. Digital Currency Group (DCG), facilitating the settlement, stated that the new demands complicate the matter and could delay the process. The settlement process aims to reimburse creditors for their losses, but the new demands could hinder this effort. DCG has called for cooperation from all parties involved to reach a fair and timely resolution for the Genesis Mining creditors.
Bitcoin Price Hits New Record High in Argentina
Bitcoin has reached a new all-time high in Argentine Pesos as the local currency faces high inflation rates and economic instability. As of April 25, 2023, the price of Bitcoin in Argentine Pesos hit an all-time high of 16.9 million Pesos, equivalent to approximately $155,000 USD. This surge in price highlights the growing demand for cryptocurrencies in countries facing economic challenges and currency devaluation. Bitcoin is increasingly seen as a potential hedge against inflation and a store of value.
EU Data Watchdog Warns of 'Hell on Earth' Scenario for US AI Companies
The European Data Protection Supervisor (EDPS) has warned of a potential "hell on earth" scenario for US-based AI companies due to the EU's new regulatory framework for AI systems. The EDPS expressed concerns that the new regulations could lead to increased surveillance and data collection, which could negatively impact privacy rights and stifle innovation. This warning comes as the EU aims to establish a robust regulatory framework for AI systems to ensure transparency, fairness, and respect for fundamental rights. However, striking the right balance between regulation and fostering innovation remains challenging.
Thanks for reading. You can support and reward my writing via:
- NCG6LBALQHENQUSR77KOR6SS42FGK54BZ5L2HFDSBGQVLGYIOVWYDXFDI4
– addr1q9vfs6nqz4xmtnpljwhv4tukyskd2g7enxd87rpugkwwvfun5pnla5d5tes2mvurrc77e7837yd0scrfk063qlha8wgs8d4ynz
Bitcoin 3HbxyDXE9MhNQ8RqsirqgYvFupQzh5Xby2
- 0x8982cdb97bd23f092f78a16a4fc93c5c4607a285
– vladlausevic
Skycoin – ZxjhWMJRbTNCRQzy5MekZzH4fhdWFCqBP8
Tezos?—?tz1QrRzkTAKuPKF8dmGW6c1ScEHBUGvoiJBM
