OpenAI could lose $5B this year and run out of cash in 12 months: Report

Just a single player or entity was allegedly responsible for Bitcoin’s historic price surge, as suggested by a recently updated academic paper titled “Is Bitcoin Really Un-Tethered?” Originally released in the summer of last year, the study claimed that major Bitcoin (BTC) price manipulation occurred in winter 2017, prompting top cryptocurrencies to reach their all-time…

Though it is beginning to recede in memory, the bear market of 2022 dealt a major blow to public confidence in blockchain technology’s potential for practical use and mass adoption. The collapse of blockchain platform, Terra, and the dissolution of crypto hedge fund, Three Arrows Capital and global exchange, FTX, damaged the financial well-being and…

Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9.

In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with reserves meant for backing the stablecoin. Both companies share the same owner.Now, the crypto exchange…

Major global crypto exchange Binance has introduced its new developer-focused project, called Binance X. Bringing devs to relevant Binance programsThe exchange launched Binance X on Aug. 29, aiming to provide blockchain developers with all necessary resources to drive new solutions on Binance’s projects, as well as in the whole blockchain ecosystem, according to a press release…

Ethereum 2.0 validators can expect to earn from 4.6% to 10.3% as rewards for staking on an annual basis, a senior ConsenSys exec says.32 ETH required to become a validatorCollin Myers, head of global product strategy at blockchain firm ConsenSys, reportedly claimed that in order to become a validator on the Ethereum 2.0, one is…

The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM), a…

“We’re busy turning your cash into future money — to the moon, apes!" said the Late Show host. 754 Total views 34 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.In a…

The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which have been wobbling between gains and losses in the same period.CHZ/USD versus BTC/USD and ETH/USD daily price chart. Source: TradingViewHere are the…