Cointelegraph By Tom Blackstone
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Binance CEO CZ’s downfall is ‘the end of an era’ — Charles Hoskinson
Cointelegraph By Tom Blackstone - 0
In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng “CZ” Zhao had stepped down from the exchange. Hoskinson claimed that the event represented “the end of an era.” He argued that entrepreneurs will need to comply with regulations or else...
Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO
Cointelegraph By Tom Blackstone - 0
Brian Armstrong, CEO of crypto exchange Coinbase, thinks that his company made the right decision to comply with U.S. money transmitter licensing laws.In a Nov. 21 social media post, Armstrong weighed in on the news that rival exchange Binance is pleading guilty to criminal charges, stating that he is...
Circle launches ‘bridged USDC standard’ for deploying to new networks
Cointelegraph By Tom Blackstone - 0
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. The new “bridged USDC standard” allows developers to launch the token through a two-phase process. In the first phase, the third-party developer has control of...
OpenAI staff tells board to resign after Sam Altman ousting: Report
Cointelegraph By Tom Blackstone - 0
OpenAI’s staff is reportedly not happy about its board of directors firing founder and former CEO Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent a letter to the board demanding that the members resign. The post states that 505 of the company’s...
Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO
Cointelegraph By Tom Blackstone - 0
ChatGPT developer OpenAI has removed founder Sam Altman from its CEO position, according to a November 17 blog post. Chief technology officer Mira Murati will be promoted to interim CEO. According to the post, the Board of Directors engaged in a “deliberative review process,” which resulted in the conclusion...
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
Cointelegraph By Tom Blackstone - 0
Republican United States Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on Nov. 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas. Called “The Three Freedoms of Crypto,” the framework states that developers of smart contract code should not be held liable for the actions...
Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts, this trend of greater interest in layer 2s is likely to continue, although some challenges remain,...
46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi
Cointelegraph By Tom Blackstone - 0
A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked private keys. The report, released on Nov. 15, looked back at the history of crypto exploits in 2022, categorizing them into...
Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the need for a separate web browser extension, Uniswap Labs vice president of...
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
Cointelegraph By Tom Blackstone - 0
Zubin Koticha and Alexis Gauba, two founders of the Opyn decentralized finance (DeFi) protocol, are stepping down from the project and “leaving crypto,” according to a statement from Koticha posted to social media on Nov. 14. The statement comes approximately two months after Opyn settled an enforcement action against...