Earlier, OpenAI shocked the world by announcing the dismissal of CEO Sam Altman. The board lost faith in Altman’s direction and cited difficulties in carrying out its duties as the reason. The ramifications were quick and evident on the Worldcoin project which has been co-founded by Sam Altman. Earlier, as
November 21, 2023 2 mins read
The Blockchain Association has added its voice to that of the six plaintiffs who are challenging the sanctions placed on the cryptocurrency mixer Tornado Cash by the U.S Treasury’s Office of Foreign Assets Control (OFAC). In a Nov. 20 amicus curiae brief to a U.S. appeal court, the crypto advocacy
November 21, 2023 2 mins read
A fresh collaboration between READYgg and Aptos Labs, realized via READYgg’s powerful and experienced network, will enable millions of gamers to experience web3 gaming on Aptos, the blockchain with the fastest time-to-finality required for smooth gameplay. The new agreement will trigger up to 15 million web2 players to switch to Aptos and web3.
November 20, 2023 2 mins read
Trading and custody services for Bitcoin (BTC) and Ethereum (ETH), the two biggest cryptocurrencies, are now available to a small group of customers in Switzerland via Santander Private Banking International, a division of the Spanish financial services behemoth Banco Santander. It has been reported that in the next months, Santander
November 20, 2023 2 mins read
It has been revealed that social media behemoth Meta (Facebook) has abolished the department that oversees the regulation of its AI initiatives under development and deployment. Several members of the regulation AI team at Meta have apparently moved to the generative AI product team, while others have joined the AI
November 19, 2023 2 mins read
There has been a massive uproar and intense discussion among the board members after the whole ordeal that happened this past Friday with the departure of OpenAI co-founder Sam Altman. According to reports, OpenAI’s top investors have been pushing to have Sam Altman reinstated as the company’s chief executive officer.
November 19, 2023 2 mins read
As per data from CoinMarketCap the price of the WLD token, which is tied to the Worldcoin project, fell by 13% after the news of co-founder Sam Altman’s resignation from OpenAI was made public. After an evaluation, the OpenAI board decided to remove Altman as CEO due to insufficient openness
November 18, 2023 2 mins read
A decision on the Grayscale Ethereum futures ETF proposal has been postponed as the United States SEC delays its judgement. This proposal was first presented to the SEC by Grayscale Investments in September. It outlined a fund in which investors could buy shares based on their forecasts for the value
November 16, 2023 2 mins read
Crypto exchange OKX has expanded its relationship with asset management firm CoinShares and custodial joint venture Komainu to provide derivatives trading without the threat of counterparty risk often associated with holding assets on the exchange. Following the FTX buzz last year, many industry participants have developed secure off-exchange trading and settlement mechanisms.
November 15, 2023 2 mins read
Hex Trust, a cryptocurrency custodian based in Hong Kong, has been awarded approval to provide its services in Dubai to institutional customers and investors. On November 15, the company was granted a full Virtual Asset Service Provider (VASP) license by the Virtual Asset Regulatory Authority (VARA) in Dubai. In February
November 15, 2023 1 min read
