BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance. Bitcoin (BTC) spiked past $64,000 into Tuesday’s Wall Street open as US inflation saw a surprise sudden downturn. Key points: Read more
OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market platform. Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions. OpenAI has started displaying Kalshi’s prediction market odds for FIFA World Cup matches in ChatGPT search results, according to a report by The New York Times. The integration had not been publicly announced at the time of publication. Kalshi declined to comment to Cointelegraph, while OpenAI did not immediately respond to a request for comment. Read more
MicroStrategy blew up during the dot-com era, before Michael Saylor transformed it into the world's largest corporate Bitcoin holder. Did he learn his lesson? In March 2000, Strategy executive chairman Michael Saylor watched more than $6 billion disappear from his fortune in a single day. MicroStrategy's shares had plummeted more than 60%, thrusting the thirty-five year old software entrepreneur into the center of the dot-com crash. The company later settled civil fraud charges with the US Securities and Exchange Commission over its accounting practices without admitting or denying wrongdoing. MicroStrategy did not cause the dot-com bubble to burst, but the saga was one of the era's high-profile corporate blowups and the company became a symbol of the periods excesses and risks. Read more
Humanity Protocol’s founder said they will refocus on operational security, as malicious actors are switching from smart contract vulnerabilities to exploiting human behavior. Humanity Protocol will refocus its cybersecurity efforts on operational security following a June $36 million exploit that was traced back to a compromised employee laptop, according to the founder of the decentralized identity company, Terence Kwok. In an interview with Cointelegraph, Kwok said that the exploit stemmed from last year’s mainnet launch, when several production keys were inadvertently backed up onto the laptop that was compromised, including admin hot wallet keys and a quorum of multisig owner keys across both chains. He said: The exploit and Humanity Protocol’s action highlight an increase in cryptocurrency hackers refocusing their attacks on staff-level vulnerabilities and operational shortcomings, rather than exploiting smart contract code. Read more