Musk promises ban on Apple, Greenpeace calls for Bitcoin’s PoS, and other news: Hodler’s Digest, June 9-15
Elon Musk threatens to ban Apple devices if they integrate with ChatGPT, Greenpeace calls for a shift in Bitcoin’s consensus mechanism, and more.
Elon Musk has threatened to ban Apple devices within his companies if Apple integrates OpenAIs ChatGPT into its operating systems at a deep level. He views such an integration as a significant security concern. This issue arose as Apple disclosed during the Worldwide Developers Conference that its upcoming software update will include new AI features, notably allowing Siri to utilize ChatGPT to answer user queries. Musk criticized Apple for potentially compromising user privacy and not developing their own AI solutions.
Greenpeace has been actively campaigning to change Bitcoins proof-of-work consensus model to a more environmentally friendly proof-of-stake model. Their campaign, Change the Code, Not the Climate, argues that Bitcoins current energy consumption, largely fueled by non-renewable sources, significantly contributes to environmental degradation. The campaign has drawn attention by urging popular figures in the crypto space to support a shift to more energy-efficient blockchain operations.
Terraform Labs has agreed to pay the United States Securities and Exchange Commission roughly $4.47 billion as part of its settlement with the securities regulator. The agency, however, has to queue up behind secured creditors to receive a payment, if any. In January, when the firm filed for bankruptcy, Terraform had assets worth $430.1 million against liabilities worth $450.9 million. The settlement received court approval on June 13.
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Author: Editorial Staff
