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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Broadway’s Biggest Ticket Operator to Use IBM Blockchain Against Scams
Broadway’s largest ticket operator, the Shubert Organization, is integrating a blockchain solution into its business in a forthcoming pilot targeted at combating ticket fraud.The organization, via its Telecharge and Shubert Ticketing division, has partnered with Boston-based startup True Tickets, which offers an IBM blockchain-powered mobile ticketing solution. News of the partnership was revealed in an…
SEC asks court for four months to produce documents for Coinbase
The financial regulator requested an extension until February 2025 to review “at least 133,582 unique documents” as part of discovery motions with Coinbase.
US Financial Giant PNC to Use Ripple Technology for International Payments
PNC, which is ranked among the top ten U.S. banks, will use RippleNet to process international payments for its customers, Ripple announced Wednesday, September 19.As Reuters reports, a particular PNC unit — Treasury Management — will use Ripple’s blockchain solution xCurrent to speed up overseas transactions held by U.S. commercial clients.Ripple emphasises that xCurrent will…
Ethereum ETF confirmed? VanEck spot Ether ETF listed by DTCC
VanEck’s ETF is currently designated inactive on the DTCC website, meaning it cannot be processed until it receives the necessary regulatory approvals.
Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services. 1603 Total views 8 Total shares Own this piece of history Collect this article as an NFTAbu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and…
ConsenSys Is Shutting Down Offices in India and the Philippines
Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down.Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut down and that 11 employees are being laid off. A spokesperson for ConsenSys said:"A total of 11 roles were eliminated in…
FCA warns UK citizens to avoid Solana-based memecoin
The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.
Sam Bankman-Fried agrees to US extradition ‘to put the customers right’: Report
The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event. 1232 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTFormer FTX CEO Sam Bankman-Fried, currently in the custody of Bahamian authorities, has reportedly agreed to be…