Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. Source: https://cointelegraph.com/app/public/index.php/news/ftx-bankruptcy-court-approval-selling-trust-assets-grayscale-bitwise
OpenAI officially announced the return of co-founder Sam Altman to the company and his role as CEO on Wednesday, a week after the company agreed to reinstate him after he was unceremoniously removed by the then OpenAI board of directors. Microsoft, a major investor, now has representation on the new board. But it doesn’t get a vote. “I have never…
Sam Altman, one of the founders of OpenAI, has officially returned to office as the firm’s CEO, ending a whirlwind few weeks caused by his abrupt and unexpected temporary departure. Addressing OpenAI employees in a company memo made public on Nov. 29, Altman confirmed that interim CEO Mira Murati will step down from her position and return to her previous role…
In a rapidly evolving digital landscape, where data is the lifeblood of marketing, AppsFlyer, a leader in mobile measurement and attribution, is partnering with Spindl, a Web 3-native marketing analytics platform. This collaboration aims to revolutionize the way marketers track and analyze user engagement, combining mobile app data with on-chain Web 3 metrics. Two years ago, Antonio García Martínez, Spindl…
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court. The $873 million in assets will be sourced from FTX’s stakes in various trusts issued by crypto asset…
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline. Source: https://cointelegraph.com/public/index.php/news/pando-spot-bitcoin-etf-blackrock-revises-etf
As the FTX bankruptcy saga continues, advisors for the collapsed crypto exchange have received court approval to sell assets held in digital trusts from Grayscale and Bitwise, which are collectively valued at nearly $873 million as of today. FTX holds more than 32 million total shares split between five Grayscale trusts—the Bitcoin Trust (GBTC), Ethereum Trust (ETHE), Ethereum Classic Trust…
Amazon has upped its ante in the generative AI arena with today’s announcement of its new image generator as part of Amazon Titan, the name of the full suite of multimodal foundation models (FMs) now available through Amazon Web Services. “Amazon Titan models incorporate 25 years of artificial intelligence (AI) and machine learning (ML) innovation at Amazon,” wrote AI and…
Team Liquid is working with the developers of NFT game Illuvium, which has just launched in early access, to test its turn-based, player-vs-player (PVP) creature autobattler experience. Team Liquid founder and co-CEO Victor Goossens announced the collaboration Wednesday. “We’ll be limit-testing and advising them on the PVP aspect of their game,” Goosens said in a video. “We’ve been incredibly impressed…
Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (BTC) exchange-traded fund (ETF) race in the United States. On the same day, investment giant BlackRock met with the country’s securities regulator to pitch an updated ETF model based on the agency’s feedback. On Nov. 29, Pando submitted a Form S-1 to the Securities and…
