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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Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight. 462 Total views 5 Total shares A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on…
Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI
It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8. 1103 Total views 10 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) failed to react at the March 6 Wall…
My story of telling the SEC ‘I told you so’ on FTX
“I hate to say I told you so” is a phrase oft-repeated but rarely sincere. It’s a delightful feeling to claim credit for warning about a problem in advance. That’s a liberty I’m taking with federal financial regulators at the United States Securities and Exchange Commission.In January of this year, while serving as a member…
Dharma Announces Closed Beta for Version 2 of Lending Platform
San Francisco-based crypto lending and borrowing firm Dharma has announced the start of a closed beta for a new version of its platform.Upcoming changes and short-term timelineDharma announced its new platform iteration in an official blog post on Aug. 29. According to the announcement, Dharma has partnered with the Ethereum-based money market Compound and will…
Bitcoin traders hope to ‘buy the dip’ as BTC price heads toward $30K
BTC price action teases a slow comedown to support, with Bitcoin dip-buyers at the ready. 575 Total views 1 Total shares Bitcoin (BTC) headed lower into the July 5 Wall Street open as a risk-off mood entered United States equities.BTC/USD 1-day chart. Source: TradingViewBTC price begins hitting dip-buying targetsData from Cointelegraph Markets Pro and TradingView…
Markets Take Renewed Downturn, Cryptos Hit By Strong Losses Across The Board
Friday, Dec. 28 — markets have taken a renewed plunge, with virtually all of the top 100 cryptocurrencies in the red and many high market cap alts seeing losses of between 5 and 12 percent, as data from Coin360 shows.Market visualization by Coin360Fourth-largest cryptocurrency Bitcoin Cash (BCH) has led the downturn, seeing a steep 12.15…
Apple Notes Blockchain Guidelines in Recent SEC Filing
Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15.In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for its…
South Korea reportedly set to approve cryptocurrency-focused fund
Regulators in South Korea are reportedly set to give the green light for the country’s first crypto-related investment fund. 1014 Total views 9 Total shares The Naver News service in South Korea has reported that the country’s Financial Supervisory Service is set to approve a crypto-related fund application by Hanwha Asset Management — a subsidiary…