OpenAI’s move to for-profit: Is it indeed ‘illegal’?

We have seen a steep adoption of crypto-based systems this year, including decentralized finance (DeFi) applications, nonfungible tokens (NFTs) such as digital art, crypto-centric gaming, and increased adoption of cryptocurrencies as investment and payment tools. One of the more recent developments is the emergence of decentralized autonomous organizations (DAOs).DAOs have existed since 2016, when The…

The pro-crypto SEC commissioner and “Crypto Mom” had sharp words for SEC behavior toward Bitcoin spot ETF sponsorship applicants, delivered at a libertarian forum. 180 Total views 14 Total shares United States Securities and Exchange Commission (SEC) commissioner Hester Peirce, sometimes known as Crypto Mom for her ardent support of the industry, spoke Tuesday at…

Filecoin's mainnet is on pace, with its testnet competition possibly commencing in July. 1074 Total views 38 Total shares After releasing details of its testnet competition several days ago, Filecoin business development staff Angie Maguire said the project's mainnet is on pace for this summer."The Filecoin mainnet is on track for our launch window July…

Bitcoin (BTC) fell below $6,500 on Dec. 18 in what is rapidly becoming a pivotal day for transaction analysis.Cryptocurrency market daily overview. Source: Coin360Long “squeeze up” could spark big BTC reversalData from Coin360 showed the largest cryptocurrency continues to erase its value on Wednesday after losing support at $7,000 as the week began.At press time,…

A spokesperson recently said "$10 billion would be a low valuation" for Kraken. 1735 Total views 8 Total shares San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase's footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition…

Over 98% of voting tokens favor the deal, which also stipulates that Mango Markets won't pursue criminal charges. 171 Total views 2 Total shares Following a $117 million exploit on Oct. 11, the Mango Markets community is set to make a deal with its hacker, allowing the hacker to keep $47 million as a bug bounty,…

A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021. The recent correction in Bitcoin price does not seem to have deterred crypto investors as CoinShares data shows a record $1.3 billion in crypto product inflows over the past week. This suggests that investors are accumulating on…

Initial Coin Offerings (ICO) are facing a regulatory “compliance trilemma,” according to a recent study released Nov. 19. The research, funded by Canadian non-profit national research organization Mitacs Canada and regtech platform iComply, was carried out by the University of British Columbia (UBC).To prepare the report, UBC’s research team investigated the ICO space over the…

Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…