Leading artificial intelligence firm OpenAI has put the next major version of its AI chatbot on the roadmap. OpenAI CEO Sam Altman recently revealed to the Financial Times that GPT-5 is in the early stages of development, even as the latest public version GPT-4 is rampaging through the AI marketplace. “Until we go train that model, it’s like a fun…
Month: November 2023
BlackRock XRP Trust Faker Referred to Delaware DOJ
The price of XRP shot up yesterday after someone filed a fake exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission. Now, the state prosecutors are involved. According to a Tuesday Bloomberg report, the Delaware Office of the Secretary of State has informed the state Department of Justice about the bogus filing. On Monday, an application labeled “BlackRock iShares…
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
A fake filing published to the State of Delaware’s Division of Corporations on Nov. 13 will be referred to the Delaware Department of Justice. In a Nov. 14 statement, a spokesperson for the Delaware Department of State told Cointelegraph that the false filing claiming that asset manager BlackRock registered an “iShares XRP Trust” would be referred to state authorities. The…
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. Source: https://cointelegraph.com/app/public/index.php/news/opyn-de-fi-protocol-founders-leaving-cryptocurrency-cftc-crackdown
Tornado Cash users file appeal over judgment in favor of US Treasury
A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury’s decision to add the cryptocurrency mixer to its list of sanctioned entities. In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers representing plaintiffs Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van…
EverQuest, Call of Duty Vets Unveil Metaverse Game Avalon
Avalon is coming. On Tuesday, online gaming startup Avalon unveiled the first trailer for its upcoming metaverse game of the same name, offering the first substantial glimpse of the experience. It’s led by an array of game industry veterans—and it’ll use both blockchain tech and AI tools. Launched in 2022, Avalon boasts a team of industry leaders who have worked…
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
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 November 14. The statement comes approximately two months after Opyn settled an enforcement action against it from the US Commodity and Futures Trading Commision (CFTC). Hey…
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain development kit (CDK) and will use zero-knowledge proofs to validate deposits and withdrawals between layers. OKX exchange interface. Source: OKX OKX is the sixth-largest centralized crypto exchange by volume, with over…
Bitcoin and Ethereum Lag While DeFi Tokens dYdX and Maker See Gains
A number of decentralized finance (DeFi) assets surged on Tuesday while major cryptocurrencies—including Bitcoin and Ethereum—experienced losses. Decentralized lender dYdX, which runs on Ethereum, was at the time of writing trading for $3.34, having gained nearly 7% in 24 hours. Over the week, the protocol’s native token, ETHDYDX, had boomed by 42%, CoinGecko data showed. Elsewhere, Maker (MKR) also experienced…
Bim Afolami takes the reigns on UK crypto policy as new Economic Secretary
King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of Economic Secretary to the Treasury of the United Kingdom. In a Nov. 13 notice, the U.K. government said Afolami was one of several appointments in restructuring ministers and secretaries. As Economic Secretary, he will control many policies affecting the adoption of digital assets…