Author: e_cash_top

[ad_1] OpenAI, the ChatGPT developer, said it “reached an agreement in principle” to reinstate Sam Altman as chief executive following his recent shock departure. The AI company revealed this arrangement on Wednesday, outlining the formation of a new board chaired by former Twitter board Chairman Bret Taylor. The board includes notable figures like former U.S.…

[ad_1] Binance issued a statement on Nov. 21 regarding its resolution of investigations from the U.S. Department of Justice (DOJ) and other agencies. There, Binance stated that it is pleased to announce the resolution and admitted to past wrongdoing. The crypto exchange company said: “When Binance first launched, it did not have compliance controls adequate…

[ad_1] The Gold DAO, initiated by DAO.Link, is a groundbreaking project aiming to digitize and democratize the value of gold through blockchain technology. This initiative merges the timeless allure of gold with an innovative method for people worldwide to securely and fairly trade physical gold, bypassing traditional banking systems. For over 5,000 years, gold has…

[ad_1] Tether, the USDT stablecoin issuer, deposited approximately $1 billion into the U.K. subsidiary of Britannia Financial Group in November 2021, Financial Times reported today, Nov. 21, citing court documents. This revelation emerged amid the ongoing legal clash between Britannia Financial Group and Arbitral International. Arbitral filed a lawsuit against Britannia earlier this year in…

[ad_1] Avalanche has seen a significant increase in its market value this year. The token has grown substantially with impressive monthly, year-to-date (YTD), and yearly gains. AVAX’s price has surged by over 103% in the last 30 days alone, with a notable 77% increase over the past year. Graph showing the price of Avalanche’s native…

[ad_1] Now-former Binance CEO Changpeng Zhao has pleaded guilty to money laundering charges, according to reports from The New York Times on Nov. 21. Zhao reportedly entered his guilty plea in federal court in Seattle today and agreed to pay a $50 million fine as part of the plea deal. That fine is separate from…

[ad_1] A class action suit filed on Nov. 17 in California alleged that Apple entered anti-competitive agreements that partially restricted the use of cryptocurrency. Specifically, plaintiffs said that agreements between Apple and its competitors prevent iOS Peer-to-Peer Payment Market apps from offering decentralized crypto features. The plaintiffs asserted that Apple’s agreements apply to various other…

[ad_1] Binance CEO Changpeng Zhao has reportedly pled guilty to violating U.S. anti-money laundering requirements and will step down from his role at the exchange, according to the Wall Street Journal. Reports are surfacing that Binance will also plead guilty to money laundering violations, and CZ will appear in Seattle court today. As of press…

[ad_1] Celsius Network and its debtors intend to turn the defunct lender into a Bitcoin miner as part of its restructuring, according to a Nov. 20 press release. Celsius customers will own the new entity, tentatively stated as ‘Mining NewCo.’ Mining NewCo Celsius had proposed the formation of Fahrenheit NewCo as part of its restructuring…

[ad_1] With OpenAI in turmoil, rival Anthropic has released its latest model, Claude 2.1, which it says sets a new benchmark in artificial intelligence, particularly in its application within enterprise environments. As of Nov. 21, Claude 2.1 is already live, powering claude.ai’s chat experience, and is accessible via API. The company states that the update…