Thursday, 10 October 2024
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CryptoCrypto Exchange

FTX Considering a Relaunch, and Launch of the Ethereum Fork

The Shapella hard fork was implemented on April 12 on the Ethereum main net, also referred to as the Beacon Chain. Many who had staked the community’s Ether (ETH) assets were now able to withdraw their money thanks to the improvement.

According to the Ethereum block explorer beacon chain. in, a total of 12,859 Ether have been unlocked in 4,333 withdrawals during the first hour of the difficult fork. Nearly a day following the improvement, the price of ETH topped $2,000 per unit.

The FTX Tokens

According to the authorized employees of the bankrupt cryptocurrency exchange, FTX will make a comeback. FTX’s legal counsel indicated during a hearing on April 12 that the company had already recovered around $7.3 billion in liquid assets and was considering restarting its crypto exchange activities in the second quarter of 2024, which could happen as early as April.

The price of the FTX token (FTT) increased by almost 112% once the news surfaced. A Swiss courtroom approved the sale of the agency’s European operations in the meantime.

  • The Shapella hard fork was implemented on April 12 on the Ethereum main net
  • The price of the FTX token (FTT) increased by almost 112% once the news surfaced.
  • The CEO of OpenAI, wants to collaborate with Japan to develop technology for that country

Japan is considering employing software developed by synthetic intelligence (AI) company OpenAI, the company behind the chatbot ChatGPT, depending on the outcome of issues about cybersecurity and privacy.

Hirokazu Matsuno, Japan‘s top cabinet secretary, voiced his curiosity. The CEO of OpenAI, Sam Altman, wants to collaborate with Japan to develop technology for that country.

Nevertheless, OpenAI has encountered pushback from several countries. This week has seen an acceleration in the race for fake intelligence thanks to efforts by Amazon, Alibaba, and Twitter.

The native currency of the Ethereum network, ETH, also experienced some upward value movement over the course of the week. This week, the crypto community voiced its excitement over the prospects for some sort of alt-season.

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