Cointelegraph By Ciaran Lyons
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The board of directors at OpenAI is reportedly receiving criticism from investors over the decision to terminate its CEO Sam Altman.According to a November 19 Bloomberg report, citing people familiar with the matter, several investors of OpenAI – the artificial intelligence (AI) company behind chatGPT – are reportedly...
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
Cointelegraph By Ciaran Lyons - 0
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won't be without challenges.In an interview with Bloomberg on November 16, Belshe explained that based on...
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
Cointelegraph By Ciaran Lyons - 0
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.In a recent senate hearing, Warren outlined the significant increase in crypto scams being targeted...
Fidelity seeks green light for Ethereum ETF, following BlackRock’s filing
Cointelegraph By Ciaran Lyons - 0
Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded fund (ETF).In a filing with the United States Securities and Exchange Commission (SEC) on November 17, Fidelity proposes to list and trade shares of the Fidelity Ethereum...
Who is this person anyway?
Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, explains that having a celebrity in your corner can turbocharge your NFT collection.
Zhao’s first Simp DAO and NFT...
Latin America takes global lead in preference for centralized exchanges: Report
Cointelegraph By Ciaran Lyons - 0
According to a recent report from blockchain analytics firm Chainalysis, Latin America has a distinct inclination toward centralized exchanges when compared to the rest of the world, as opposed to decentralized exchanges.Published on October 11, Chainalysis stated that Latin America has the seventh-largest crypto economy in the world, trailing...
California Gov. Newsom greenlights crypto regulation bill for 2025
Cointelegraph By Ciaran Lyons - 0
California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations set to begin in 18 months. In a statement published on October 13, Newsom declared that the bill titled the ‘Digital Financial Assets Law,’ would make it mandatory for both individuals...
Terraform Labs co-founder Do Kwon has refuted the significance of Slack messages as evidence, which involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract investors.The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, which was...
The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassic USD (USTC), with the objective of reestablishing a stable peg between USTC and the U.S. dollar.In a recent proposal, the community voted with 59% in favor of discontinuing the minting...
FTX’s former external legal team disputes involvement in fraud allegations
Cointelegraph By Ciaran Lyons - 0
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against them claiming that it assisted in the exchange's alleged fraudulent activities. According to a Sept. 21 court filing, Fenwick & West, a United States law firm, denies all accusations...