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Open AI Growth Fears Surface as Chat GPT Weekly Active Users Stay Below 1 Billion
7+ hour, 1+ min ago (168+ words) Concerns are mounting over Open AI's growth prospects. The Wall Street Journal reported on April 28 that Open AI missed targets for new users and revenue, stoking internal concern over whether it can sustain the massive cost of its artificial-intelligence investments....
Wallet Linked to Bit Mine Receives Another 20, 000 ETH, Signaling 45, 000 ETH Accumulation
1+ hour, 5+ min ago (142+ words) On-chain flows indicate Bit Mine may have added to its Ether holdings. On April 29, on-chain data platform Onchain Lens reported that a newly created wallet received about 20, 000 ETH, worth roughly $45. 85 million, from Falcon X. The wallet is believed to be linked…...
US Spot Ether ETFs Post $21. 8 Million in Net Outflows for Second Straight Session
1+ hour, 24+ min ago (147+ words) US **spot Ether (ETH) ETFs** recorded more than **$20 million** in net outflows in a single day. On April 28, US **spot Ether ETFs** posted total net outflows of **$21. 8 million**, marking **a second straight trading day of net outflows**. **Black Rock ETHA…...
Lucentblock Receives Social Venture Certification in South Korea
3+ hour, 22+ min ago (195+ words) Lucentblock, operator of tokenized securities platform Soyo, said Wednesday it had received social venture certification from South Korea's Ministry of SMEs and Startups. The ministry grants the certification to companies that contribute to society through innovative technologies and business models....
US Spot-Bitcoin ETFs Post $89. 65 Million of Outflows, Extending Streak to Two Sessions
3+ hour, 29+ min ago (147+ words) U. S. **spot-Bitcoin ETFs** recorded **$89. 65 million in net outflows** in a single day, marking a **second straight trading day of net outflows**. Net outflows totaled **$112. 22 million** from Black Rock's **IBIT**, **$4. 98 million** from Fidelity's **FBTC**, and **$13. 65 million** from Bitwise's **BITB**. Ark Invest's **ARKB…...
Ethereum Tests $2, 335 Realized Price as Key Support Level
4+ hour, 2+ min ago (200+ words) Ali Martinez said Ethereum is attempting to recover its **$2, 335 realized price**. If that zone is turned into support, the **MVRV price bands** suggest improving investor profitability could extend the upward trend. He said that if reclaiming the average purchase price…...
Kospi Slips 0. 42% Early as Open AI Growth Concerns Weigh on Chip Stocks; Kosdaq Flat
4+ hour, 27+ min ago (322+ words) South Korea's Kospi opened lower after closing at record highs for a second straight session, with weakness in heavyweight semiconductor shares such as Samsung Electronics Co. and SK Hynix Inc. weighing on the index amid concerns about Open AI's growth....
Roundhill Eyes Launch of First Prediction-Market ETF Tied to US Politics
4+ hour, 41+ min ago (162+ words) Roundhill Investments filed paperwork listing May 5 as the effective date for its **prediction-market ETF**. The ETF is tied to the **balance of power** in the US Congress, with **returns** determined by the odds of Democrats or Republicans controlling the House…...
Pantera Capital, Managing $3. 5 Billion, Plans to Expand Web3 Investments in Korea
5+ hour, 47+ min ago (410+ words) Pantera Capital said it views the **Korean Web3 market** as the most important after the U. S. and plans to expand **investments tailored to the Korean market**. Maunder said the **token securities law** clearly lays out a path for the **Web3 industry** and **tokenization…...
Layer Zero Commits 10, 000 ETH to De Fi United in Kelp DAO Recovery Push
7+ hour, 37+ min ago (161+ words) Layer Zero, a cross-chain interoperability protocol, has joined a joint recovery initiative formed after the Kelp DAO hack and pledged funding to support the effort. The Block reported on April 28 that Layer Zero will contribute 5, 000 Ether to De Fi United…...