OpenAI raises an additional $6.6B at a $157B valuation
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time.
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Ethena, Securitize join race for Spark’s $1B liquidity with USDtb
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Ethereum miner balance reaches four-year high weeks before the Merge
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Users Pay $1M for Digital Land as 2017 ICO Finally Opens Virtual World
Almost three years after its ICO, Decentraland has opened its platform — a virtual world in which participants buy and sell fake land, as well as construct buildings. Over the past ten days, Decentraland gamers have purchased over $1 million worth of digital anchorage on the Ethereum-based virtual reality product, Bloomberg said in a Feb. 20…
Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity
A “new wave of retail investors” is waiting to adopt digital assets. 771 Total views 12 Total shares Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to digital currency as they become more familiar…
Gemini exec to join Bitstamp crypto exchange as new CEO
Bitstamp is replacing its CEO for the first time since the company’s establishment. 1785 Total views 3 Total shares Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is replacing its CEO for the first time.Nejc Kodrič, the firm’s CEO who co-founded Bitstamp back in 2011, is stepping down from his position. He will…
GBTC unlock edges closer as impact on Bitcoin price remains unclear
As Bitcoin (BTC) struggles around the $32,700 mark after the July 8 price drop, another major event looms over the flagship cryptocurrency in July, the Grayscale Bitcoin Trust (GBTC) unlock.A total of nearly 40,000 BTC will be unlocked in July, amounting to nearly $1.5 billion in notional value. The biggest of these unlocks will be…
Bored Ape Yacht Club NFTs stolen in Instagram phishing attack
The phishing attack coincided with the one-year anniversary of BAYC’s launch, leading many users to believe that the link was authentic. 1198 Total views 24 Total shares As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token (NFT) collection’s official Instagram page and shared links to a fake…
Under Fire: Kik Is Gearing Up for a Fight With the SEC
Canadian-based social media startup Kik is gearing up to challenge a proposed enforcement action from the United States Securities Exchange Commission (SEC) over a fundraising initiative in 2017.The American securities regulator believes that Kik’s Token Distribution Event (TDE) two years ago violated securities laws. The company raised $97 million during its fundraising phase, a princely…