Roman Storm, co-founder of Tornado Cash, was convicted for operating an unlicensed money transmitting business, raising significant concerns about the future of crypto regulation. Storm’s conviction marks a pivotal moment
Bitcoin Dominance (BTC.D) stabilizes, signaling an altcoin bull run start. ETHBTC pair showed significant movements pointing to ETH's upward momentum. Continue Reading: Bitcoin Dominance Shift Spurs Altcoin Surge The post Bitcoin Dominance Shift Spurs Altcoin Surge appeared first on COINTURK NEWS .
BitcoinWorld GPT-5 Rollout: Sam Altman Addresses Crucial Challenges and User Feedback The launch of any groundbreaking technology is bound to have its share of initial hiccups, and OpenAI’s latest flagship, GPT-5 , has been no exception. Following its highly anticipated debut, users quickly voiced concerns during a Reddit Ask Me Anything (AMA) session with Sam Altman , the CEO of OpenAI. From performance woes to an infamous ‘chart crime,’ the community had plenty of questions about the new AI models , especially comparing them to the beloved GPT-4o. What Happened with the GPT-5 Rollout ? The excitement surrounding GPT-5 quickly turned into confusion for many users. During the AMA on the r/ChatGPT Reddit, a significant number of individuals reported that the new model felt ‘dumber’ or less capable than its predecessor, GPT-4o. This unexpected downgrade in perceived intelligence sparked widespread complaints. Sam Altman promptly addressed these concerns, attributing the issue to a malfunctioning real-time router system that was supposed to seamlessly decide which AI models to use for a given prompt. Altman clarified that this ‘autoswitcher’ was out of commission for a significant portion of the rollout day. This meant that users weren’t consistently getting the optimal model for their queries, leading to a diminished experience. He promised immediate interventions to improve the decision boundary, ensuring users receive the correct model more often. Furthermore, a commitment was made to enhance transparency, making it clearer to users which model is answering their query. This move aims to rebuild trust and provide users with better insights into the system’s operation. Will GPT-4o Return? And Double Rate Limits for ChatGPT Plus Users The user outcry for the return of GPT-4o was particularly strong during the AMA. Many ChatGPT Plus subscribers expressed a preference for the previous model’s performance, lobbying hard for its reinstatement as an option. Recognizing the community’s passion, Sam Altman acknowledged these requests, stating that OpenAI is actively ‘looking into letting Plus users continue to use 4o.’ This indicates a willingness to gather more data and understand the trade-offs involved in offering multiple high-tier AI models simultaneously. Beyond the model choice, Altman also announced a significant user-friendly update: ‘We are going to double rate limits for Plus users as we finish rollout.’ This is a substantial benefit, providing subscribers with significantly more prompts per month. This increase in capacity allows users to thoroughly explore and adapt to the new GPT-5 model without the worry of quickly hitting usage caps. It’s a proactive step by OpenAI to encourage adoption and learning, demonstrating a commitment to supporting its premium user base during this transition. Decoding the Infamous OpenAI ‘Chart Crime’ Amidst the serious discussions about model performance, a lighter but equally memorable moment from the GPT-5 presentation quickly became a viral sensation: the ‘chart crime.’ During the live demonstration, the OpenAI team presented a wildly inaccurate bar chart. This chart depicted a lower benchmark score with a disproportionately taller bar, a clear visual misrepresentation of data that immediately caught the attention of sharp-eyed viewers. While Sam Altman did not directly address the chart during the AMA, he had already acknowledged the blunder on X (formerly Twitter) earlier, calling it a ‘mega chart screwup.’ The incident quickly became the butt of many jokes, with social media users quipping about the irony of an advanced AI model being involved in such a basic data visualization error. Even Simon Willison, a respected GPT-5 reviewer who generally praised the model, highlighted a related instance where turning data into a table was a ‘good example of a GPT-5 failure.’ This incident, while humorous, underscored the ongoing need for rigorous data integrity and presentation, even from leading AI models . Insights from Sam Altman : Navigating the Future of AI Models The Reddit AMA provided a crucial glimpse into OpenAI ‘s philosophy regarding user feedback and product iteration. Sam Altman ‘s direct engagement with the community, admitting to initial missteps and outlining corrective actions, highlights a commitment to transparency and continuous improvement. His promises to fix the router, consider GPT-4o’s return, and double rate limits demonstrate a responsive approach to user concerns. This iterative development cycle is vital for the maturation of complex AI models like GPT-5 . For users, these insights offer reassurance that their feedback is heard and acted upon. The rapid evolution of AI means that initial rollouts can be ‘bumpy,’ but OpenAI ‘s swift response suggests a dedication to refining the user experience. Altman concluded the AMA with a clear pledge: ‘We will continue to work to get things stable and will keep listening to feedback.’ This ongoing dialogue between developers and users is essential for shaping the future capabilities and accessibility of powerful ChatGPT tools. The recent GPT-5 rollout has certainly been a learning experience for both OpenAI and its user base. Sam Altman ‘s candid address during the Reddit AMA shed light on the initial performance issues, the strong user demand for GPT-4o, and even the humorous ‘chart crime’ incident. OpenAI is actively working to resolve these challenges, promising technical fixes, increased transparency, and enhanced user benefits like doubled rate limits for ChatGPT Plus subscribers. This period of adjustment underscores the dynamic nature of advanced AI models development and the critical role of community feedback in refining these powerful tools for widespread adoption. To learn more about the latest AI market trends, explore our article on key developments shaping AI models features. This post GPT-5 Rollout: Sam Altman Addresses Crucial Challenges and User Feedback first appeared on BitcoinWorld and is written by Editorial Team
Gold lost altitude fast. After Thursday’s record close at $3,491, futures eased to $3,530 on Friday. The move followed a White House line about an executive order to “clarify misinformation” on tariffs for gold bars and specialty products, as a White House official told CNBC. Crypto people get it: one policy hint and the tape twitches. The Swiss Precious Metals Association warned U.S. tariffs “may negatively impact the international flow of physical gold.” Its president, Christoph Wild, said : “We are particularly concerned about the implications of the tariffs for the gold industry and the physical exchange of gold with the U.S., a long‑standing and historical partner for Switzerland.” Switzerland is the largest gold refiner on earth, so this is not background noise for traders who hedge with metal. White House moves to clarify bullion tariff scope and costs President Donald Trump has a 39% tariff on Swiss exports to the U.S. This week, U.S. Customs and Border Protection clarified that 1‑kilogram and 100‑ounce gold bars are not excluded. The Swiss group added: “It must be noted that this clarification does not apply exclusively to Switzerland but to all 1kg and 100oz gold cast bars imported into the USA from any country.” That line matters to anyone planning to lift bars into New York for delivery. Gold has jumped 31% this year as investors looked for safety during trade and geopolitical stress. A tariff can lift prices further, but it also strains the logistics that keep the global market supplied. Gold bullion backs contracts on the Comex in New York, and a lot of those bars come from Switzerland. Add a tariff, and clearing a futures position the old way gets pricier. Joni Teves at UBS spelled it out. “Futures on Comex are often used to hedge positions with the assumption that traders can easily import gold into the United States to physically settle contracts if needed,” she wrote. “The tariff adds costs to this process, and with the bulk of refining capacity sitting in Switzerland which faces 39% U.S. tariffs, these costs would be quite high. There is still a lot of uncertainty around all this and until there is clarity, we expect the gold market and precious metals markets more generally to remain very nervous.” Traders price in tariff risk, watch New York–London split At the New York Stock Exchange on August 8, traders watched Gold pop about 1% and then give it back. That small, brief rise suggested some desks were betting the ruling could still get tweaked. Rob Haworth at U.S. Bank’s Asset Management Group said, “The market is waiting for more clarity. I think this is a market with significant questions about is this really what was intended?” That sounds right. Nobody wants to carry tariff basis risk into delivery month. While New York inched up, London was mostly flat. That left a growing New York premium for Gold. Ole Hansen at Saxo Bank said: “These developments raise serious questions about the ability of the NY futures markets to offer a stable and trustworthy trading environment that offers the best price discovery, one that increasingly appears vulnerable to being hijacked by Trump’s shifting tariff agenda.” If that premium sticks, flows can reroute, and open interest can migrate. Rob said the same thing in plainer terms: tariffs on gold imports would disrupt how the global trade is set up today. If foreign sellers must price a 39% hit, New York becomes less attractive for global investors. That would matter for Gold liquidity, for hedgers in mining, and for funds that roll futures against spot bars. This is not just a Wall Street headache. Gold shows up as coins, as jewelry, as bullion behind futures, and as retail bars sold at Costco. If the import ruling stands as clarified, the cost curve changes across that stack. A tariff can boost Gold prices at the screen yet squeeze physical throughput. It can also force refiners, shippers, and dealers to redo contracts and routes. For now, the core facts are simple. The White House says an executive order is coming to straighten the messaging. A U.S. agency has said 1‑kg and 100‑oz bars face tariffs. Gold is up 31% year‑to‑date. New York briefly ran a 1% blip, then cooled. If you're reading this, you’re already ahead. Stay there with our newsletter .
Court documents showed there was at least one 90-year-old, and some people had “set in stone” their opinions about the Tornado Cash co-founder’s criminal charges.
A crypto memecoin group has taken responsibility for throwing sex toys onto the court at multiple WNBA games over the past week, a new report from USA Today claims. Crypto Memecoin Collective Behind WNBA Sex Toy Incidents According to the August 8 report, an anonymous spokesperson for the memecoin collective —identified only by the X account @Daldo_Raine—told the outlet that the intention behind the stunts is to protest the crypto sector’s “toxic” environment. The report notes that the group created Green Dildo Coin as a joke last month, as small players in the crypto industry continue to face headwinds from bad actors in the digital assets space. The coin launched on July 28, just one day before the first incident occurred at an Atlanta Dream game at Georgia’s Gateway Center Arena on July 29. Two people have been arrested for throwing sex toys onto WNBA courts. Still, the group’s spokesperson told USA Today that their goal is not to disrespect or degrade female athletes. Sex Toy Stunts Face Backlash The incidents have sparked renewed discourse around the perception of women’s sports and the treatment of female athletes, particularly in the WNBA. It’s a stretch to argue targeting the WNBA wasn’t strategic and intentional with these recent sex toy-related incidents. Making a sex toy the focal point of games in a league that has perhaps the most openly gay and queer players doesn’t seem like an accident. pic.twitter.com/q8IbfFISor — The Athletic (@TheAthletic) August 7, 2025 “These women are still the subject of an occasional punchline,” The Athletic ’s women’s basketball managing editor Shannon Ryan wrote in an August 7 article. “While players are negotiating for higher salaries, they’re still fighting for their reputations to be respected as elite professional athletes.” “They have now had to be graceful and coolly navigate being unfairly thrust into an obscene moment,” she added. “Everyone’s trying to make sure the W’s not a joke and it’s taken seriously, and then that happens,” WNBA player Sophie Cunningham said on a recent episode of her “ Show Me Something ” podcast. “I’m like, how are we ever going to get taken seriously?” The post WNBA Games Disrupted by Meme Coin Crypto Protest Over ‘Toxic’ Culture appeared first on Cryptonews .
Ripple’s native token, XRP, could be facing significant challenges, as recent on-chain data indicates a sharp decline in whale flows, which is typically considered a warning sign for significant price corrections. Large holders are unloading tokens at a pace not seen since February’s local top, raising concerns that the current consolidation above $2.70 may give way to deeper downside unless buyer momentum returns. Technical Pressure Meets Whale Exodus Data from CryptoQuant, highlighted by pseudonymous analyst The Enigma Trader, shows XRP’s 90-day moving average whale flow has plunged into negative territory, indicating sustained outflows from major wallets. This pattern closely resembles behavior from deep-pocketed investors observed in January and February this year, which coincided with a local price top and a subsequent correction. “Unless we see sustained positive whale flows, the market may remain structurally weak,” the analyst warned, noting a current absence of consistent accumulation by heavyweight holders. This wave of selling comes just weeks after XRP’s July rally saw the token pump by 70%, briefly breaching $3.40 and triggering a wave of retail FOMO. As detailed in CryptoPotato’s latest XRP health check , that move above $3.40 likely acted as a bull trap, tapping into buy-side liquidity before a swift reversal. On-chain dynamics are also reflecting a tug-of-war. While the token’s exchange reserves have plunged from 3.02 billion to 2.3 billion since July 24, suggesting that some traders are moving tokens off platforms to hold, the lack of whale accumulation may be a sign that distribution is dominating. This divergence, paired with a surging NVT ratio, up 44% in 24 hours, highlights a growing mismatch between market valuation and actual network use. Sideways Drift or Deeper Correction? At the time of this writing, XRP was changing hands for $3.30, up 10.8% in 24 hours and 11% on the week. In the last 14 days, the token is up by 7%, but the monthly chart still shows a strong 42% gain, largely driven by July’s breakout. Relative to the all-time high recorded in that period, the asset is now down over 15%. Despite the bearish whale signals and technical caution, there are still some significant catalysts looming that could give XRP a boost. Institutional adoption is increasing. Major news emerged from South Korea yesterday, where licensed institutional custodian BDACS launched XRP custody services in a market where the cryptocurrency is widely held. The post This Ripple (XRP) Metric Flashes Critical Warning Sign appeared first on CryptoPotato .
Ethereum’s recent price surge is primarily driven by strong corporate demand and positive ETF inflows, suggesting a bullish market outlook. Ethereum’s price surged from $2.4K in July to over $3.3K,
Over the past week, the crypto economy has been on the rise, with the artificial intelligence (AI) sector of crypto assets climbing 6% and crossing into the $32 billion range. AI Crypto Market Powers Through Hot Streak AI-linked digital tokens, which marry blockchain with AI technology, also posted a 4.94% daily lift. These coins often
Capital is flowing fast across the top crypto for 2025, and three names are leading the charge. Solana, Ethereum, and BlockDAG have all triggered market-wide reactions, but only one is redefining what early entry can look like in this cycle. Solana climbed 4.05% to reach $168.48 after Artelo Biosciences allocated $9.475 million of its treasury into SOL. Ethereum followed with a massive July performance, pushing $240 billion in on-chain volume, its highest level since December 2021. Still, it is BlockDAG drawing the sharpest focus. With $365 million raised, a live 10 BTC auction, and a 17x price jump locked for August 11, this presale is becoming the market’s defining moment. Solana Sees Pharma Capital: Solaxy Layer-2 Boosts APY Appeal Solana’s recent 4% rise to $168 is not just a technical rebound. It was backed by a $9.475 million allocation from Artelo Biosciences, marking the first pharmaceutical treasury entry into SOL. This bold move could set a precedent for other biotech firms exploring blockchain exposure through trusted platforms. On the chart, SOL bounced off the lower Bollinger Band at $156.83 and triggered a MACD crossover. Volume confirms strength, and if $180 breaks, the next leg could target $185 or even $190. As Solaxy prepares for mainnet with staking up to 70%, the broader ecosystem is gaining credibility. Yet, BlockDAG remains the stronger value play with a wider infrastructure and more upside. ETH Hits $238B Monthly Volume; Growth May Be Capped Ethereum just recorded its highest transaction volume since 2021, with $238 billion in July and 46.67 million transactions processed. That momentum lifted ETH to $3,700, backed by surging demand and renewed on-chain engagement. However, much of that growth is now priced in. The seven-day average for transactions reached 1.64 million, near peak levels, while 17.55 million active addresses shows strong interest. But with ETH already elevated, many are shifting attention to BlockDAG. Its early-stage growth window and lower cost entry point offer a more compelling path for those chasing the next wave. BlockDAG Targets 17x Gains & 10 BTC Auction as Presale Crosses $365M While Solana and Ethereum continue climbing, BlockDAG is building an entirely different narrative. The presale has already raised more than $365 million, and with August 11 approaching fast, urgency is building. The current $0.0016 GLOBAL LAUNCH release price will be replaced by $0.0276, marking a 17x jump overnight. With the confirmed exchange listing price set at $0.05, early buyers are staring down a potential 3,025% return. What amplifies this momentum is the ongoing 10 BTC Auction. Anyone who joins before the August 11 cutoff is automatically entered. The more a buyer contributes, the greater their odds of taking a slice of the Bitcoin prize pool. It is an incentive that rewards conviction and pushes new capital into BlockDAG with every passing hour. This is not a meme-driven spike. The ecosystem is already live. Dashboard V4 has launched with charting and simulation tools, and the X1 app now supports over 2.5 million mobile miners. Five major exchanges are confirmed for listing, including BitMart, MEXC, CoinStore, XT.com, and LBank, signaling that market access is ready from day one. BlockDAG’s foundation is what makes it different. It merges blockchain and DAG technology to create scalable throughput, EVM support, and a low-code Smart Contract Builder. This makes it more than a token; it is a full-stack ecosystem built for performance and sustained utility. Key Points The crypto market rarely moves in unison, and this week makes that clearer than ever. Solana’s 4% rally reflects growing real-world traction, and Ethereum’s $240 billion in July volume reaffirms its position at the top. Both remain solid contenders heading into 2025 with strong momentum behind them. Still, neither offers the asymmetric upside that BlockDAG brings to the table. With $365 million raised, a live 10 BTC auction, and its $0.0016 price expiring by August 11, BlockDAG is setting the pace. For those targeting the top crypto for 2025, this presale is more than noise; it is the main event. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG’s $365M Presale, 10 BTC Giveaway, & 3,025% Upside Leave SOL’s 4% Rally and ETH’s $240B Volume Behind! appeared first on TheCoinrise.com .