Crypto News Summary by U.Today By U.Today


U.Today: U.Today brings you the three most important news of the last day.

Elon Musk issues important “Black Mirror” statement to warn the community

In a recent post on The feature is called “Recall” and, according to Microsoft CEO Satya Nadella, it represents a semantic search of users' entire history, which will help them find anything they have seen or done on their PCs. The principle of “Recall” is simple: Windows will constantly take screenshots of your computer screen, then use a generative AI model, along with the NPU, to process all that data and make it searchable. Despite the promising utility, Musk criticized the feature, comparing it to what an episode of the series “Black Mirror” could show, implying that the dystopian scenario of the series of technologies that control humanity is getting closer to reality. “Definitely disable this 'feature,'” Musk wrote, perhaps hinting that the data collected by “Recall” could be easily accessed and used to monitor user actions.

Shibarium is on the verge of a major record: transactions soar 209%

Along with the rest of the market, Shibarium, Shibarium's layer 2 solution, has recently been seeing the positive effects of a new bullish trend. According to data provided by Shibariumscan, the daily transaction count increased from 6,000 on May 14 to 18,560 on May 20, representing a growth of over 209%. For weeks, the number of daily transitions on Shibarium remained relatively stable, but things changed after the Shibarium hard fork was implemented on the mainnet. This was a turning point for the L2 protocol. With the increase in transactions, Shibarium is now aiming to break the record of 420 million total transactions. Although it is still unknown when exactly this will be achieved, Shibarium has the right catalyst to help you boost your position to a new level overall. Currently, the total transaction count on Shibarium stands at 417,525,512, according to data from Shibariumscan.

Bullish statement issued by Samson Mow: “Omega is coming”

The flagship cryptocurrency Bitcoin has finally taken the long-awaited step of hitting its all-time high again, rising back to the $71,000 level, the highest price level since April 1, when BTC was trading at $71,330. The likely catalysts for BTC's sudden rally were positive CPI data, which showed a weakened inflation rate, as well as an entire week of inflows into Bitcoin ETFs. Such a positive change in Bitcoin price could not go unnoticed by Jan3 CEO Samson Mow, a renowned BTC maximalist who once predicted that the aforementioned asset could reach up to $1 million one day. Mow took the X from him to comment on the rising price of BTC, making yet another prediction; This time, it is the upcoming arrival of an Omega Bitcoin candle. As the CEO previously explained, an Omega candle is a large trading candle on a Bitcoin chart accompanied by high volatility moves. Meanwhile, Bitcoin is trading at $70,006, down 0.25% in the last 24 hours, according to CoinMarketCap.

This article was originally published on U.Today.



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