The Ethereum Magicians forum is a platform for the crypto community to discuss EIPs and technical difficulties related to the Ethereum ecosystem. It was founded to solve the problem of offline and online coordination in Ethereum. Users can read and discuss about Ethereum, create topics, form working groups, share prototypes, code, graphs, and attend discussions and in-person meetings.

Tether, the largest stablecoin issuer, has reported a net profit of $1.5 billion for Q1 2023, more than double its Q4 2022 net profit. Tether also reported an all-time high excess reserve of $2.44 billion, with the majority of its investments being held in cash, cash equivalents, and other short-term deposits. For the first time, Tether included additional categories in its reserves reporting, including bitcoin, physical gold, overnight repo, and corporate bond allocations.

The US Internal Revenue Service (IRS) has filed claims worth $44 billion against bankrupt crypto exchange FTX and its affiliated entities. The largest claims include a $20.4 billion and a $7.9 billion claim against Alameda Research LLC and two claims totaling $9.5 billion against Alameda Research Holdings Inc. The claims are filed under the classification “Admin Priority”, which could allow the IRS’ claims to take precedence over the claims of other creditors in a bankruptcy case.

Zuzalu, a group of humans, is exploring the intersection of crypto and AI alignment research from first principles. They have created a collective mindmap for Crypto X AI, taken inspiration from MEV mindmap: undirected traveling salesman. Zuzalu has planned an event on May 7, 2023, to discuss the progress made in AI alignment research over time, various approaches to AI alignment, and building a mental model of blockchains, cryptoeconomic mechanisms, and cryptography.