Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This environment is forcing crypto companies to rethink and adapt their…

Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view.

BTC price trims $1,600 in under two hours thanks to pressure from sellers near $20,000, while Ether also tanks below $600. 5295 Total views 15 Total shares Bitcoin (BTC) continued an intense day of volatility on Dec. 1, hitting lows of $18,400 just over an hour after challenging $20,000 and breaking a new all-time high.Cryptocurrency…

The Binance-native blockchain BNB Chain has continued to show steady activity growth in the fourth quarter of 2022 despite the broader crypto bear market according to recent research.In a “State of BNB Chain Q4 2022” report published on Feb. 5, Messari researcher James Trautman revealed that the Binance network had continued with an “aggressive strategy to…

The DeFi boom continues with a new decentralized derivatives exchange token mooning hours after it was launched. The latest DeFi token to moon is for the decentralized derivatives exchange Serum ,which surged by four figures following its launch and exchange listings.The Serum Project is a new, non-custodial DEX that launched on August 11 and its…

The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets. 736 Total views 28 Total shares In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform.…

The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications. According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management. The Maharashtra Information Technology Directorate will…

Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins.Related: Stablecoins, ExplainedStablecoin is a cryptocurrency whose value is tied to some valuable asset. This asset could be fiat money, precious metals like gold and silver,…

“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong. 548 Total views 7 Total shares After some crypto sleuths made allegations of insider trading by individuals potentially connected to Coinbase, CEO Brian Armstrong said the crypto exchange would change some…