OpenAI in talks with regulators to become a for-profit company: Report
The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development.
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Bank of Cambodia: We’ll Allow More Control With Blockchain Payments
Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency in an interview with CNBC published on Oct. 22.Chea said that the National Bank of Cambodia has experimented with domestic blockchain payments for retail, but the main interest is testing them for cross-border…
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Bloomberg: John McAfee Pauses Plan to Out Satoshi Nakomoto’s Identity, Fearing Lawsuit
American entrepreneur and stalwart crypto advocate John McAfee says he is holding back on plans to reveal the real identity of bitcoin (BTC) creator Satoshi Nakamoto, for fear it will expose him to further lawsuits as he fights potential extradition to the United States. The news was reported by Bloomberg on April 24.McAfee — who…
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US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review
The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental. 149 Total views 4 Total shares There are more than 1,400 DApps in operation and their number is growing rapidly, according to a United States Federal Reserve Board discussion…
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Breaking: Spot Ethereum ETFs to begin US trading on July 23
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.
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Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price Discovery report, which detailed how CME Bitcoin (BTC) futures impact Bitcoin price discovery.The firm concluded that "CME Bitcoin futures contribute more to price discovery than its related spot markets." And the researchers also suggested that:"CME Bitcoin futures have grown to become significant, this is…
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Charity Giant Behind Give.org Launches a Blockchain Donation Platform
The platform uses blockchain to facilitate donations to Better Business Bureau-accredited charities while ensuring donor data is only shared when permitted. 676 Total views 22 Total shares Better Business Bureau, or BBB — the charity giant behind Give.org — launched a privacy-focused donation platform built on the Ardor (ARDR) blockchain.According to a July 4 announcement,…
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Binance exec leaves Nigeria after authorities drop final charges
After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment.
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PAX Stablecoin Exceeds $5 Billion in Transactions in First 3 Months
U.S. dollar-backed stablecoin Paxos Standard (PAX) has exceeded $5 billion worth of transaction volumes, according to a press release shared with Cointelegraph Dec. 13.As reported, PAX is an Ethereum (ETH) blockchain-based stablecoin, backed 1:1 by the U.S. dollar, which sealed regulatory approval from the New York State Department of Financial Services (NYDFS) in September.According to…