The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia where it’s based. In a Nov. 16 dismissal motion in a Colorado District Court the Estonian firm argued it has “no U.S. ties” and its end-user license agreement…
Worldcoin (WLD), the token of Sam Altman’s retina-scanning project of the same name, saw major volatility over the past few days as he was ousted from OpenAI, reported to be in talks to make a return before finally being replaced. WLD saw a Nov. 16 high of $2.48 before starting a slide that accelerated after Altman was outed by OpenAI…
Here’s everything that’s happened since OpenAI co-founder Sam Altman was suddenly fired from his role as CEO. Source: https://cointelegraph.com/public/index.php/news/sam-altman-fired-from-openai-timeline
The tech world reeled and Altman’s colleagues rallied to his side, with then-OpenAI president and co-founder Greg Brockman announcing his own resignation. With enormous public backlash from shareholders and employees, the board of directors is holding talks to possibly reinstate Altman. Here’s what’s happened so far. Thursday, Nov. 16 Ilya Sustekever schedules call with Altman According to an X (formerly…
Argentina’s Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa. With almost 99% of the vote counted, Milei won over 55% of the votes with a nearly 3 million vote lead according to Bloomberg data. Massa, the country’s minister of economy, called Milei to congratulate him on the victory after…
OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have already involved Microsoft, OpenAI’s biggest shareholder. Meanwhile, Murati is…
Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejections of the spot Bitcoin exchange-traded fund applications before they are…
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos (EOS), 0x Protocol (ZRX), Aave (AAVE), Algorand (ALGO), Internet Computer…
It’s no secret that Ubisoft has been experimenting with NFTs and blockchain tech. From its early Ghost Recon NFTs to releasing NFTs based on its quirky Rabbids IP and Assassin’s Creed “smart collectibles,” Ubisoft has continued to explore blockchain gaming. Now, there’s Champions Tactics. Champions Tactics marks a new chapter in Ubisoft’s crypto plans. It’s the studio’s first original Web3…
Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.” That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000. Trader: $39,000 is pre-halving BTC price target range floor Bitcoin faces stiff resistance sliding back to the…
