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Ethereum could be AI’s key to decentralization, says former core dev

There is a “huge opportunity” for Ethereum to become a decentralized partner in solving current problems with artificial intelligence platforms, according to a former core Ethereum developer.

Ethereum’s “biggest mainstream moment is waiting in the wings with AI,” said Eric Connor on X on April 15.

While AI is on a fast track to reshape almost every aspect of our lives, it is “plagued by black-box models, centralized data silos, and privacy pitfalls,” Connor continued. However, these problems create an opportunity for Ethereum to shine, he said.

Ethereum offers transparency through verifiable smart contracts, decentralization against Big Tech monopolies, aligned incentives via token economies, and built-in micropayment infrastructure, he added.

Smart contracts can provide transparent records of AI model training processes and data sources, addressing the “black box” problem.

However, major AI players may resist open models “as they profit from secrecy and control,” he said. Demand for transparency, fairness,

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin

The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.

In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.”

Palacios’ letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that was hoping to launch a stablecoin.

Tinian, which has just over 2,000 residents and a largely tourism-based economy, is governed by the local government, the Municipality of Tinian and Aguiguan, one of four municipalities in the Commonwealth of the Northern Mariana Islands.

In February, Republican Northern Marianas

Meta gets EU regulator nod to train AI with social media content

Tech giant Meta has been given the green light from the European Union’s data regulator to train its artificial intelligence models using publicly shared content across its social media platforms.

Posts and comments from adult users across Meta’s stable of platforms, including Facebook, Instagram, WhatsApp and Messenger, along with questions and queries to the company’s AI assistant, will now be used to improve its AI models, Meta said in an April 14 blog post.

The company said it’s “important for our generative AI models to be trained on a variety of data so they can understand the incredible and diverse nuances and complexities that make up European communities.”

Meta has a green light from data regulators in the EU to train its AI models using publicly shared content on social media. Source: Meta

“That means everything from dialects and

US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines

The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto council.

“We’re looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,” Bo Hines of the Presidential Council of Advisers for Digital Assets said in a recent interview with Professional Capital Management CEO Anthony Pompliano.

Hines said the Treasury could revalue its gold certificates, valued at $43 per ounce, to the current market price of $3,200 per ounce, creating a paper surplus to fund Bitcoin purchases without selling gold.

“Everything is on the table, and like we’ve said, we want as much as we can get, so we’re going to make sure that no stone is unturned,” Hines said in the interview, which aired

Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets

The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets.

On April 11, Emblem Vault CEO, podcaster and NFT collector Jake Gallen said on X that he had been battling a “complete computer compromise” that ended up with a loss of Bitcoin (BTC) and Ether (ETH) assets from different wallets. “Unfortunately, this led to $100k+ in purchased digital assets being lost,” he said.

Days later, Gallen said he had been working with cybersecurity firm The Security Alliance (SEAL) to track an ongoing campaign against crypto users by a threat actor identified as “ELUSIVE COMET.”

Gallen said the scam was facilitated over the video conference platform Zoom, which resulted in his crypto wallet being drained.

“We

Xapo Bank sees Bitcoin trading surge as wealthy investors bought the dip

Gibraltar-based Xapo Bank, a private bank and Bitcoin custodian, reported a surge in Bitcoin trading volumes in the first quarter as its high-net-worth members scooped up Bitcoin amid market turbulence.

Xapo Bank said that Q1 trading volume grew 14.2% compared to the Q4 2024, as the Bitcoin (BTC) price drop helped drive trading volume growth on its platform. It said that during the decline, its high net-worth members “actively bought the dip,” reflecting these members’ “commitment to the long-term potential of Bitcoin.”

In the first quarter of 2025, Bitcoin had its worst start to a year since 2018, closing the quarter down 13%.

The crypto-friendly bank became the first licensed bank to launch interest-bearing Bitcoin and fiat banking accounts in the UK in 2025 and launched Bitcoin-backed USD loans of up to $1

Bitcoin held by publicly listed firms climbs 16% in Q1: Bitwise

The amount of Bitcoin held on the books of publicly traded companies rose by 16.1% in the first quarter of 2025, according to crypto fund issuer Bitwise.

Total company Bitcoin (BTC) holdings rose to around 688,000 BTC by the end of Q1, with firms adding 95,431 BTC over the quarter, Bitwise reported in an April 14 X post.

The value of the combined Bitcoin stacks rose around 2.2%, reaching a total combined value of $56.7 billion with a price per BTC of $82,445, the firm added.

Source: Bitwise

Bitwise noted that the number of public companies holding Bitcoin rose to 79, with 12 firms buying the cryptocurrency for the first time in Q1.

The largest first-time Bitcoin buyer was the Hong Kong construction firm Ming Shing, whose subsidiary Lead Benefit bought a total of 833

Decentralized exchange KiloEx says $7.5M exploit has been contained

Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit.

The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X.

“The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” KiloEX said.

“We are analyzing the attack vector and affected assets. We are collaborating with ecosystem partners to trace and recover funds where possible.”

Source: KiloEX

A bounty program and a full report on how the exploit occurred is also in the works, according to KiloEX.

In an update, the KiloEX team said it was collaborating with BNB Chain, Manta Network, and cybersecurity firms Seal-911, SlowMist and Sherlock

Tether partners with OCEAN mining pool to decentralize Bitcoin block-building

Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN’s Bitcoin mining pool in an effort to strengthen the network’s decentralization.

“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether’s CEO Paolo Ardoino said in an April 15 statement.

Source: OCEAN Mining

While Bitcoin hashrate is decentralized, the block-building process conducted by mining pools is mostly centralized by a few dominant actors — most notably Foundry USA, AntPool and ViaBTC.

The OCEAN protocol attempts to decentralize this process by empowering miners to build their own block templates using their open-source DATUM protocol, reducing dependency on centralized intermediaries and enhancing censorship resistance, Tether said.

Tether’s deployment would leverage OCEAN’s DATUM software across all of its mining operations worldwide, including in rural areas in Africa.

“By enabling on-site generation

Bitcoin takes back seat as Trump, Bukele focus on trade and immigration

US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda.

Pressing issues of migration and bilateral security cooperation set the tone of Bukele’s first official meeting at the White House during Trump’s second term.

According to a livestream shared by Bukele’s office on X, Trump raised the possibility of transferring US citizens convicted of crimes to prisons in El Salvador, urging Bukele to expand the country’s prison system to house more prisoners. “I said homegrowns are next, the homegrowns. You gotta build about five more places.”

Source: Nayib Bukele

Since taking office, the Trump administration has deported hundreds of alleged foreign criminal individuals to El Salvador under a $6 million deal between the countries.

Trump also addressed the ongoing trade