Bitcoin has more than doubled in price since the FTX collapse in November 2022, but several other coins, such as Chainlink, have seen even bigger gains since. Source: https://cointelegraph.com/app/public/index.php/news/one-year-ftx-crash-3-cryptocurrencies-sol-okb-link
Social media giant, Meta has reportedly disbanded its Responsible AI division, the team dedicated to regulating the safety of its artificial intelligence ventures as they get developed and deployed. According to a report, many RAI team members have transitioned to roles within the Generative AI product division at the company, with some joining the AI Infrastructure team. Meta’s Generative AI…
James Wallis, Ripple’s vice president for central bank digital currencies (CBDC) Engagements, has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions. Wallis pinpointed key factors behind financial exclusion, which include,…
It’s been a year since the demise of the FTX exchange — an event that’s now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago. In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep financial ties…
The board of directors at OpenAI, the developer of ChatGPT, are reportedly receiving criticism from investors for the decision to terminate its CEO Sam Altman. According to a November 19 Bloomberg report, citing people familiar with the matter, investors of OpenAI are reportedly in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO. On November…
Less than a day after Sam Altman was unceremoniously deposed from his position as CEO of leading artificial intelligence giant OpenAI, multiple reports have surfaced suggesting that the company—or at least its major investors, which include Microsoft—is negotiating to bring him back. The coup on the six-member board of directors, which included Altman and company co-founder and board chairman Greg…
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 the discussions taking place between firms seeking Bitcoin ETF approval…
The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering innovative solutions across various industries. Intersection of NFTs and DApps Decentralized applications (DApps) and nonfungible tokens (NFTs) are two important components of the blockchain and cryptocurrency ecosystems. Despite their disparate functions, there are several instances in which they coincide and…
Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review process,” which resulted in the conclusion…
The turmoil at OpenAI continues to escalate after its founder Sam Altman was abruptly ousted on Nov. 17, with three senior researchers reportedly quitting the artificial intelligence company. OpenAI’s board of directors announced Altman’s removal from the CEO position in a blog post, claiming that Altman “was not consistently candid in his communications with the board, hindering its ability to…
