Published on juni 15, 2024, 9:27 pm
Image source: Fox News
```json { "TLDR": "Elon Musk warns against Apple integrating OpenAI’s ChatGPT due to security concerns, Greenpeace pushes for greener consensus model in Bitcoin, Terraform Labs settles with SEC for $4.47 billion, 'Roaring Kitty' increases GameStop investment, KuCoin Research reports $1 billion invested in crypto sector, market update shows BTC at $66,483 and ETH at $3,464." } ```
Elon Musk, entrepreneur and investor, has expressed a strong stance against Apple’s potential integration of OpenAI’s ChatGPT into its operating systems, threatening to ban Apple devices within his companies if such integration occurs. Musk views this move as a severe security risk that could compromise user privacy.
In other news related to cryptocurrency, Greenpeace has initiated a campaign advocating for a shift in Bitcoin’s proof-of-work consensus model towards a more environmentally friendly proof-of-stake model. The campaign highlights Bitcoin’s heavy reliance on non-renewable energy sources, which contribute significantly to environmental degradation. This call to action aims to garner support from key figures in the crypto space for more sustainable blockchain practices.
Furthermore, Terraform Labs has reached a settlement with the United States Securities and Exchange Commission, agreeing to pay approximately $4.47 billion. Despite this agreement, the agency stands behind secured creditors in line for payments due to Terraform Labs’ previous bankruptcy filing.
On another front, Keith Gill, also known as “Roaring Kitty,” has upped his investment in GameStop by acquiring an additional 4 million shares, bringing his total holdings to over 9 million shares valued at around $262 million as of June 14. This increased stake has sparked discussions within the trading community about Gill potentially joining GameStop’s board of directors.
Additionally, KuCoin Research reports that over $1 billion was invested in the cryptocurrency sector in May across 156 transactions. Institutional investors continue to show interest in Ethereum and EVM-compatible chains alongside non-EVM chains like Bitcoin, Solana, Fantom, and TON.
In market updates at week’s close, Bitcoin (BTC) is priced at $66,483 with Ether (ETH) at $3,464 and XRP at $0.47. CoinMarketCap records the total market cap at $2.42 trillion. Among the top 100 cryptocurrencies, notable gainers for the week include Monero (XMR), Toncoin (TON), and Oasis (ROSE), while significant losers include Wormhole (W), FLOKI (FLOKI), and Arweave (AR).
The cryptocurrency industry continues to experience developments and fluctuations across various aspects ranging from technology integrations to market investments and regulatory compliance measures.
Original article posted by Fox News
