[ad_1] OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have already involved Microsoft, OpenAI’s biggest shareholder.Meanwhile, Murati is the interim CEO. She has been on OpenAI since 2018. At
[ad_1] Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejections of the spot Bitcoin exchange-traded fund applications before they are finally approved.Multiple analysts believe Bitcoin will enter a correction
[ad_1] Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos (EOS), 0x Protocol (ZRX), Aave (AAVE), Algorand (ALGO), Internet Computer (ICP), Monero (XRM), Tezos (XTZ), Zcash (ZEC), SushiSwap (SUSHI), THORChain
[ad_1] Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.”That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000.Trader: $39,000 is pre-halving BTC price target range floorBitcoin faces stiff resistance sliding back to the $40,000 mark; several attempts to crack it have failed in the past
[ad_1] Social media giant, Meta has reportedly disbanded its Responsible AI division, the team dedicated to regulating the safety of its artificial intelligence ventures as they get developed and deployed. According to a report, many RAI team members have transitioned to roles within the Generative AI product division at the company, with some joining the AI Infrastructure team.Meta’s Generative AI team, which was established in February, focuses on developing products that
[ad_1] James Wallis, Ripple’s vice president for central bank digital currencies (CBDC) Engagements, has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.Wallis pinpointed key factors behind financial exclusion, which include, low incomes and a lack of existing ties with financial
[ad_1] It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep financial ties to FTX, including Solana (SOL), Serum (SRM), and the exchange's
[ad_1] The board of directors at OpenAI, the developer of ChatGPT, are 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, investors of OpenAI are reportedly in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO.On November 17, OpenAI announced the removal of Altman as CEO, with its
[ad_1] The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering innovative solutions across various industries.Intersection of NFTs and DAppsDecentralized applications (DApps) and nonfungible tokens (NFTs) are two important components of the blockchain and cryptocurrency ecosystems. Despite their disparate functions, there are several instances in which they coincide and enhance one another.For instance, NFTs can be used in DApps to
[ad_1] Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won't be without challenges.In an interview with Bloomberg on November 16, Belshe explained that based on the discussions taking place between firms seeking Bitcoin ETF approval and the United States Securities and Exchange Commission (SEC), he
