Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion.
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South Korean Crypto Exchange Is First to List Kakao’s Token
Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs. 1281 Total views 31 Total shares South Korean tech giant, Kakao, listed its Klaytn blockchain-issued Klay (KLAY) token via a local cryptocurrency exchange on June 5. This news follows their launch of a new crypto wallet feature…

Ripple Hit with Another Lawsuit Alleging XRP Security Laws Violations
Bitcoin Manipulation Abatement LLC accuses Ripple and CEO Brad Garlinghouse of violating security laws while selling and marketing XRP. 1816 Total views 40 Total shares Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security…

Moelis & Co. co-founder to head group advising blockchain companies
Moelis & Co.'s John Momtazee stated the firm was unfazed launching the group amid a crypto bear market, acknowledging that any new “disruptive” tech comes with volatility. 110 Total views 5 Total shares New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and…

Binance tops up SAFU fund at $1 billion amid price fluctuations
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on. 152 Total views 1 Total shares As the liquidity crisis and acquisition of cryptocurrency exchange FTX continues, Binance CEO Changpeng “CZ” Zhao assured his community of…

Komainu targets Singapore custodian Propine for first acquisition
The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.

Libra Updates White Paper, Removes Dividends for Libra Association
The white paper for Facebook’s proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer. Aside from expected amendments reflecting the revised Libra Association members, the biggest change is the removal of dividends payable to those early investors.Change in use of interest on reserve…

Waves price rises 230% in just three weeks — Could a ‘triple top’ spoil the rally?
Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market.A 230% Waves boomThe WAVES/USD trading pair surged by nearly 75% this week to reach around $31, its best level since Oct. 28, 2021. Its rally came as a part of an…

‘Everything feels like it’s going to shit’: Peter McCormack reveals new podcast
After 900 shows about Bitcoin, Peter McCormack says it’s time to tackle other big issues because “everything feels like it’s going to shit.”