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
As part of the ongoing decentralization of Chiliz Chain governance, Chiliz today revealed that Animoca Brands has become a validator and prominent participant on the network. The Chiliz Chain, which was introduced earlier this year, is a Web3-ready project accelerator that enables sports organizations to use blockchain technology to reward their fan
November 13, 2023 4 mins read
This year, the number of cryptocurrency wallet addresses with over $1 million in Bitcoin has increased by more than a factor of three. According to statistics compiled by BitInfoCharts, the number of addresses holding more than $1 million in BTC has climbed from 23,795 on January 1 to 81,925 at
November 13, 2023 2 mins read
As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred
November 11, 2023 2 mins read
Crypto exchange FTX’s bankruptcy advisors have sued Bybit Fintech Ltd. to reclaim cash and digital assets valued at an astounding $953 million. According to FTX’s advisors, ByBit took all of the funds just before the company filed for Chapter 11 bankruptcy in November. The action was filed on Friday, November
November 11, 2023 2 mins read
Horizen EON’s Archon bridge is now live on Horizen EON as per recent announcement. Archon is a prominent Web3 venture studio. The extensive range of services offered by Archon, including smart contract design, UI/UX development, dApp development, and project management, will greatly improve the capabilities and usability of the Horizen
November 10, 2023 1 min read