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Crypto News & Tech Updates

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Some local tax authorities in China 🇨🇳 have begun charging a 20% personal income tax on the profits of individual cryptocurrency investors, as well as many bitcoin miners.

Some have taken this to mean that the Chinese government may recognize the legitimacy of cryptocurrencies but the reality is clearly more complex with differing views among tax and financial authorities.

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❄️ TON validators are set to vote next month on suspending 195 inactive addresses on the blockchain, which hold a total of 1.08 billion toncoin, worth nearly $2.5 billion.

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🇰🇵 The FBI confirmed on Monday that the North Korean hacker group 'Lazarus' was responsible for the $100 Million exploit of Harmony Protocol that occurred in June.

👉🏻
According to on-chain sleuth ZachXBT, about 41,000 ETH worth $63.5 million were moved through Railgun over the weekend❗️

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After cutting off prominent app makers like Tweetbot and Twitterific, Twitter quietly updated its developer terms to ban third-party clients altogether.

Spotted by Engadget, the “restrictions” section of Twitter’s 5,000-some-word developer agreement was updated with a clause prohibiting “use or access the Licensed Materials to create or attempt to create a substitute or similar service or product to the Twitter Applications.” Earlier this week, Twitter said that it was “enforcing long-standing API rules” in disallowing clients access to its platform but didn’t cite which specific rules developers were violating. Now we know — retroactively.

As Engadget notes, Twitter clients are a part of Twitter history — Twitterific was created before Twitter had a native iOS app of its own. And they’ve gained a larger following in recent years, thanks in part to their lack of ads.

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Google parent Alphabet said it will eliminate about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.

The layoffs will affect jobs globally and across the entire company, CEO Sundar Pichai told employees in an email on Friday, writing that he takes "full responsibility for the decisions that led us here."

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🆘 Genesis Crypto Lending Businesses Files for Bankruptcy.

Names among Genesis creditors:

• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m

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Artificial intelligence is expected to be a game changer in 2023, and one #AI program is creating all the buzz.

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🇪🇺 $9 billion European bank N26 will launch 🥇 Bitcoin  trading for millions of customers in 5 more EU countries

N26 said it would provide the service for customers in Belgium, Germany, Switzerland, Portugal and Ireland.

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OpenAI this week signaled it’ll soon begin charging for ChatGPT.

In an announcement on the company’s official Discord server, OpenAI said that it’s “starting to think about how to monetize ChatGPT” as one of the ways to “ensure long-term viability.”

The monetized version of ChatGPT will be called ChatGPT Professional.

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India's Central Bank head calls for a ban on cryptocurrencies because "it is gambling," leads to a "dollarization" of the economy, and banks "will lose control" if it grows further.

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Apple is cutting CEO Tim Cook’s compensation by more than 40% this year, citing investor guidance and a request from Cook himself to adjust his pay.

As part of the changes, the percentage of stock units awarded to Cook and tied to Apple’s performance will increase to 75% in 2023 from 50%, as well as in future years.

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The CPI Inflation in the USA🇺🇸 has fallen to 6.5%.

This is the lowest inflation rate since Oct 2021

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When Shutterstock and OpenAI announced a partnership to help develop OpenAI’s Dall-E 2 artificial intelligence image-generating platform with Shutterstock libraries to train and feed the algorithm, the stock photo and media giant also hinted that it would soon be bringing its own generative AI tools to users. Today the company took the wraps off that product. Customers of Shutterstock’s Creative Flow online design platform will now be able to create images based on text prompts, powered by OpenAI and Dall-E 2.

Key to the feature — which does not appear to have a brand name as such — is that Shutterstock says the images are “ready for licensing” right after they’re made.

This is significant given that one of Shutterstock’s big competitors, Getty Images, is currently embroiled in a lawsuit against Stability AI — maker of another generative AI service called Stable Diffusion — over using its images to train its AI without permission from Getty or rightsholders.

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Facebook parent company Meta Platforms Inc. has reinstated former President Donald Trump’s Facebook and Instagram accounts following a two-year suspension for violating the platform’s rules.

The company’s decision to withdraw the suspension means the former president can now reach tens of millions of followers across the two services as he makes another presidential bid.

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Microsoft today said that it’s extending its partnership with OpenAI, the startup behind art- and text-generating AI systems like ChatGPT, DALL-E 2 and GPT-3, with a “multi-year, multi-billion-dollar” investment. OpenAI says that the infusion of new capital — the exact amount of which wasn’t disclosed — will be used to continue its independent research and develop AI that’s “safe, useful and powerful.”

The optics aren’t the best for Microsoft, which just last week announced plans to lay off 10,000 employees as a part of broader cost-cutting measures. But they’d been telegraphed by the company earlier this month — in an interview with the Wall Street Journal, Microsoft CEO Satya Nadella said that Microsoft planned to make OpenAI’s foundational systemsf available as commercials platforms so that any entity in any industry can build on them.

OpenAI will remain a capped-profit company as a part of the new investment deal with Microsoft. Under the model, backers’ returns are limited to 100 times their investment — or possibly less in the future.

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Crypto News & Tech Updates

Electric vehicle startup Aptera released details about its first model. It will have 400 miles of range and be able to travel 40 miles per day using built-in solar cells, the firm says.

It needs more funding but plans to start production in 2023.

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🔵 Vitalik Buterin proposes 'stealth addresses' to enhance Ethereum privacy.

The system would allow users to generate cryptographically obfuscated public addresses to receive funds privately.

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Meta's chief product officer Chris Cox said he believes the metaverse will one day become as essential as smartphones during a panel about the technology at the World Economic Forum in Davos, Switzerland on Wednesday.

Cox said Meta believes that "one day that computing platform will be as important as the smartphone has become in our lifetimes."

Cox explained that the tech giant had spent the last eight years trying to build a virtual reality product line that is affordable, accessible, and impressive enough for users to incorporate into social experiences, fitness, gaming, medicine, drug development, and to design sneakers and cars.

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🥇 Google searches for "how to buy bitcoin” in the United States 🇺🇸 and Nigeria 🇳🇬 show an incredible difference.

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Crypto News & Tech Updates

Coinbase will cease operations in Japan 🇯🇵 due to volatile market conditions.

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Crypto News & Tech Updates

Apple rolled out its first new products of 2023, offering faster versions of its high-end MacBook Pro laptops and the Mac mini desktop.

The new 14-inch and 16-inch MacBook Pros look the same as the prior models but add more powerful M2 Pro and M2 Max chips to replace the M1 Pro and M1 Max processors. The new notebooks mark Apple’s first expansion of the M2 chip, which debuted in the MacBook Air and a low-end MacBook Pro last year.

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In 2022 USDT will have $18.2 trillion worth of transactions making it ahead of Visa and MasterCard.

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TikTok is making it easier for brands to work with its “megastar” creators with an update to its Creator Marketplace that now invites talent managers to oversee, execute and analyze the brand opportunities and campaigns being presented to their clients.

This week, the video entertainment platform introduced a new Talent Manager Portal as a part of the TikTok Creator Marketplace — its platform that allows brands and agencies to connect with 800,000 qualified creators around the world.

The new service allows talent managers, with creator authorization, to log into the Creator Marketplace to manage deal flow, negotiate contracts on behalf of their talent, handle the creative feedback and review various reports and metrics about a campaign’s performance.

The expansion allows TikTok to now not only serve the needs of creators with tens or hundreds of thousands of followers but those “celebrity-level” creators, as well.

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🥇 Africa's oldest National Park is mining Bitcoin to survive loss of revenue amid disease outbreaks and guerrilla attacks 🇨🇩

If it wasn't for Bitcoin, "we would have gone bust" - Virunga National Park Director 🙌

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Crypto News & Tech Updates

Apple is working on adding touch screens to its Mac computers, a move that would defy long-held company orthodoxy and embrace an approach that co-founder Steve Jobs once called “ergonomically terrible.”⁣

Apple engineers are actively engaged in the project, indicating that the company is seriously considering producing touch-screen Macs for the first time, according to people familiar with the efforts. Still, a launch hasn’t been finalized and the plans could change.⁣

For more than a decade, the company has argued that touch screens don’t work well on laptops and that the iPad is a better option if someone wants a touch interface. But rivals have increasingly added touch screens to computers, putting pressure on Apple to do the same.

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Crypto News & Tech Updates

TechCrunch reports that Amazon (AWS) has partnered with Ava Labs to help expand blockchain adoption for businesses and governments.

Ava Labs is the creator and developer of the Avalanche blockchain.

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