Tom Lee’s Bitmine bets on Ethereum again with fresh 50K ETH buy – Details

ShapeShift founder denies $260mln whale accumulation – Here’s what we know!

ambcryptoHá 11m

Hawk Tuah Influencer Says Memecoin Collapse Left Her Traumatized, But Critics Push Back

Hawk Tuah influencer Hailey Welsh says the collapse of the HAWK memecoin in December 2024 left her traumatized. The token surged to a $490 million market cap before crashing over 90% the next day. Welsh claims she was only a promoter, received no profits, and faced death threats after the incident. She was cleared by an FBI investigation and excluded from an investor lawsuit targeting the token’s creators. Despite warnings from the crypto community, she launched the token without fully understanding the risks. Welsh now advises others to avoid crypto entirely. Estimated losses from the failed launch are around $200,000.

bitcoinistHá 11m

Thousands of people around the world are selling their identities to train AI, but at what cost?

A global investigation reveals a growing gray market where thousands of people worldwide are selling their biometric data—voices, faces, call logs, and daily videos—to train AI models for small payments. Examples include individuals in South Africa, India, and the U.S. earning modest sums through apps like Kled AI, Silencio, and Neon Mobile. While this provides crucial income, especially in economically strained regions, it raises serious concerns about privacy, exploitation, and long-term risks. Contributors often grant broad, irreversible rights to their data, potentially exposing them to deepfakes, identity theft, and unauthorized commercial use. Experts warn that this practice is unstable, offers no career progression, and primarily benefits tech companies in wealthier nations, leaving workers vulnerable with little recourse. Cases like an actor discovering his AI likeness promoting medical products without consent highlight the ethical and personal consequences of this emerging data-for-cash economy.

marsbitHá 16m

Countdown to Hormuz Begins | Rewire Morning News Brief

Summary: The countdown to a potential crisis in the Strait of Hormuz has begun as a US ultimatum to Iran is set to expire. Iran is sending mixed signals: its foreign minister claims the strait remains open, while its military threatens a complete closure if the US attacks its power plants. In response to the escalating tensions, the IEA has announced its largest-ever release of 400 million barrels from strategic oil reserves, but oil prices remain above $100 due to significant supply disruptions. The conflict is also impacting global tech infrastructure, with AWS data centers in the Middle East being attacked and helium supplies from Qatar—critical for semiconductor manufacturing—threatened. In AI news, Cursor admitted its new model is based on China's Moonshot AI, sparking a licensing dispute. Other notable updates include Morgan Stanley filing for a Bitcoin ETF, a major US Army contract for Anduril, and a significant drop in Bitcoin mining difficulty.

marsbitHá 2h

Hyperliquid drops below $40 as $3mln whale goes long – What’s next for HYPE?

Hyperliquid's HYPE token has been in a steep downtrend, falling 2.5% to $38.5 and struggling to hold above $40 after failing to break the $43.7 resistance. Despite reduced whale activity in futures over the past few days, a new whale recently entered the market with a $3 million long position on 80,000 HYPE using 10x leverage, signaling potential bullish expectations. However, market sentiment remains largely bearish, with $2.2 million in long liquidations in 24 hours and a Long/Short Ratio below 1. Technical indicators like the RSI at 58 and declining Aroon Up suggest weakening bullish momentum. If selling pressure continues, HYPE could drop toward $35, but a reversal is possible if whale activity attracts fresh capital.

ambcryptoHá 2h