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Crypto Morning Briefing: Safemoon Hacker Strikes Deal With Developers to Return $7.1M

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Microsoft Is Developing Its Own AI Chip To Power ChatGPT: Report

Microsoft has secretly been developing its own artificial intelligence (AI) chips to deal with the rising costs of development for in-house and OpenAI projects, per a report from The Information.

Intel Signals End of Bitcoin Mining Chip Business Amid Cost-Cutting Effort

Intel will discontinue its Blockscale Bitcoin mining chip line, a year after it debuted the product.

Trump Releases Second Series of Superhero NFT Trading Cards to Shore up Finances

Former US President Donald Trump has released a second series of digital trading cards featuring himself as a superhero, wrestler, firefighter and in other larger-than-life settings, with prices starting at $99. Each of the 47,000 non-fungible tokens (NFTs) in the 2nd series have been minted on Polygon, an Ethereum sidechain network, and sell for the same price as the original NFT series, which has seen its value fall since its release according to data from the OpenSea marketplace.

Apple Crypto Users Potentially Exposed to iOS, MacOS Vulnerabilities

Wu Blockchain warned Apple crypto users that operating system vulnerabilities could expose them to attackers. Linking an article from Kaspersky, it was noted that these are “high threat” vulnerabilities applicable to iOS and macOS.

Safemoon Hacker Strikes Deal With Developers to Return $7.1M

A hacker that exploited decentralized finance (DeFi) protocol Safemoon has agreed to return 80% of the stolen funds valued at $7.1 million, according to on-chain data posted by Twitter user SafeMoonSpidey.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $30,442.06 USD, jumped by 3.34% in the last 24 hours;

ETH’s live price is $2,094.68 USD, jumped by 0.85% in the last 24 hours;

BNB’s live price is $342.87 USD, jumped by 0.36% in the last 24 hours;

XRP's live price is $0.52 USD, jumped by 2.43% in the last 24 hours.

Fundraising News

Breaking: Bankrupt FTX Exchange Gets $250M Offer For Relaunch

Newly instated FTX CEO, John J. Ray III, has expressed interest in rebooting the failed crypto exchange a couple of times in the past. However, the proposition of a possible reboot has taken shape over the past few months and if recent reports are to be believed, a prominent venture capitalist has shown interest in reviving the exchange with a fresh capital infusion.

SwissBorg Raises Over €20M with Revolutionary Community-Centric Fundraising

In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors. Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin offering (ICO) held in 2017/18, SwissBorg’s Series A fundraising, which closed last Friday, has produced astonishing results.

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