OpenAI leadership responds to former employee safety allegations
The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management.
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Overstock’s tZERO to Launch Broker Dealer in First Half of 2020
Overstock’s blockchain arm tZERO aims to launch its cryptocurrency and digital asset broker dealer service in the first half of 2020.In a letter to investors released on Jan. 30, tZERO CEO Saum Noursalehi provided a recap of the company’s progress over the last year and highlighted tZERO’s goals for 2020. One of the main objectives…
SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme
The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit. 262 Total views 2 Total shares Own this piece of history Collect this article as an NFTSoftware and crypto mining equipment offered by the Utah-based Green…
Source claims 3AC’s Deribit exposure is worth much less than reported
Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit. In a 1,100-page affidavit composed by liquidator Russell Crumpler and filed in a British Virgin Islands court, 3AC was described…
Can DeFi and CeFi coexist? Three takeaways from experts panel
As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future. On Jan. 21, Cointelegraph moderated the panel discussion,…
TeraWulf launches new Bitcoin mining facility, eyes major tech partnership
TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin.
German asset manager Union Investment seeks BTC exposure for several funds
German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. 970 Total views 19 Total shares Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients,…
Alameda’s Caroline Ellison escapes potentially 110 years in jail via plea deal
Former Alameda Research CEO could be released on a $250,000 bail, but she's not allowed to leave the United States. 1973 Total views 9 Total shares Own this piece of crypto history Collect this article as NFTOne of the key witnesses on the ongoing FTX investigation could evade all the seven counts of allegations against…
Irish High Court Ruling ‘Breaks New Legal Ground,’ Reports Local Media
Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported on Tuesday, Dec. 18.The court “broke new legal ground”, the Irish Times states, while considering the case of Neil Mannion — a man reportedly serving a six-and-a-half year…