Following the announcement of Sam Altman’s departure from OpenAI, the WLD token associated with the iris-scanning biometric project Worldcoin, also founded by Altman, dropped 14%, according to CoinGecko. Altman was ousted from his position as CEO of OpenAI following a review by the board, which cited a lack of candid communication affecting the board’s responsibilities. This led to a loss…
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 that Altman “was not consistently candid in his communications with the…
In a Thursday night forum post, popular gaming communications platform Discord said it is sunsetting its Clyde AI chatbot in two weeks. Discord did not say why Clyde was being phased out, but said the chatbot was only in beta for a small number of servers. “Clyde will be deactivated at the end of the month,” Discord said. “By December…
As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over the past months can be summed up in a single word: licenses. In a tight regulatory environment, getting the green light from regulators has been crucial for companies, particularly during the crypto winter. Some countries…
Bitcoin hopefuls eagerly await the approval of a BTC ETF—but it looks like they’re going to have to wait a little longer. The price of Bitcoin last week passed $37,000—touching an 18-month high—when news dropped that the U.S. Securities and Exchange Commission had an eight-day window to approve all spot crypto exchange-traded product applications. Investors interpreted the news as bullish,…
In a surprise announcement, the outspoken and highly visible CEO of artificial intelligence technology giant OpenAI has been ousted from his position at the company, effectively immediately. In a statement posted online Friday, the company said Altman “was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.” ”The board no longer has confidence…
The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees. The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16 according to statistics from CryptoFees. At the time of writing, YCharts data shows that the average transaction…
In an age where online dating and digital love have become the norm, it seems there has been a global ghosting event on the eve of the holidays. Countless lonely hearts may be without their AI girlfriends with the unexpected shutdown of the Forever Voices platform.. Users of the popular service have found themselves abruptly alone as their pixelated paramours…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to traditional Web2 flaws and security issues, such as centralization of information, which makes it…
Solana (SOL) has seen a wild pump lately, more than doubling over the past month and hitting an 18-month high earlier this week. But it’s not just SOL that’s on the way up—the network’s top NFT project has also seen a rapid rise in value of late, registering a price climb of more than 100% in just the last seven…
