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U.S. District Judge halts Binance CEO Changpeng Zhao’s return to UAE, citing risk of non-return before his February sentencing for financial violations. The federal court in Seattle has halted the former Binance CEO Changpeng Zhao’s application to return to the UAE. The decision, which temporarily bars Zhao from leaving the
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The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.On Nov. 23, KyberSwap alerted users that its liquidity solution,
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Genesis claims that, as market volatility increased, Gemini made significant withdrawal demands that harmed other creditors. Genesis Global Capital, a cryptocurrency lender, has filed a lawsuit against the Gemini cryptocurrency exchange, seeking the return of over $689 million in alleged preferential transfers. The embattled companies have been embroiled in a legal
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But OpenAI’s loss was someone else’s gain. Earlier this week, reports emerged that Altman, Greg Brockman, the company's co-founder and president, and other former staff members would be joining software giant Microsoft, one of the key investors in the AI startup. Source
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Binance founder Changpeng “CZ” Zhao will pay a $175 million release bond and agree to return to the United States 14 days before his Feb. 23, 2024 sentencing — possibly allowing him to return to Dubai. In a Nov. 21 bond document filed in a Seattle federal court, Zhao agreed
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Bittensor's TAO rose 4.2%, adding to a 77% rally over the past week. Ocean Protocol's OCEAN, Fetch AI's FET and SingularityNet's AGIX zoomed as much as 16% in the past 24 hours, outperforming bitcoin and other majors. The sector jumped nearly 8%, driving the biggest gains for crypto traders. Source
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The board of directors at OpenAI is reportedly receiving criticism from investors for the decision to terminate its CEO Sam Altman.According to a November 19 Bloomberg report, citing people familiar with the matter, several investors of OpenAI – the artificial intelligence (AI) company behind chatGPT – are reportedly in
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OMG, the native token of the OMG Network, climbed to a six-month high after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology behind the OMG Network, has the potential to reduce transaction fees and improve security. Source
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As Johnson takes the gavel, it frees up Rep. Patrick McHenry (R-N.C.) to return to the House Financial Services Committee he leads, where he can focus more attention on the two crypto bills that haven't yet received floor votes. However, more urgent priorities are likely to include the funding of
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One of the vocal supporters of the metaverse is now calling for employees to return to the office. Roblox appears to be shifting from remote-only working to a hybrid mix of in-office and remote work models, as reports say the firm’s head, David Baszucki, is calling on employees to begin working
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