SEC Files Lawsuit Against Kraken Crypto Exchange Alleging Unregistered Securities Activity
The United States Securities and Exchange Commission (SEC) has initiated legal action against Kraken, a prominent cryptocurrency exchange, accusing it of operating as an unregistered [more…]
Sam Altman Continues Efforts to Reclaim OpenAI CEO Position
Sam Altman’s unexpected move to Microsoft following his abrupt dismissal from OpenAI may not be finalized. Reports indicate that Altman, along with co-founder Greg Brockman, [more…]
OpenAI Board Engages in Talks with Sam Altman for Potential Return as CEO
The OpenAI board is reportedly in talks with Sam Altman to potentially reinstate him as the CEO of the company, according to sources familiar with [more…]
Taiwanese Trading Firm Kronos Research Falls Victim to Cyberattack, Losing an Estimated $25 Million
Over the weekend, Kronos Research, a multifaceted trading, market-making, and venture capital firm headquartered in Taipei, fell victim to unauthorized access to its API keys. [more…]
OpenAI CEO Sam Altman Resigns from Leadership Position
CEO Sam Altman is stepping down from his position at OpenAI, the renowned company behind the popular ChatGPT conversational bot. The departure follows a thorough [more…]
Senator Elizabeth Warren Highlights Risks of Cryptocurrency Scams Targeting Older Investors in Ongoing Advocacy for Legislative Action
Senator Elizabeth Warren (Democrat from Massachusetts), has voiced concerns about the role of cryptocurrency in schemes targeting older investors. During a recent Senate hearing, she [more…]
Bitcoin Surges by $800 Amid Speculation of SEC Engagement with Exchanges on Spot ETFs
The value of bitcoin experienced a rapid increase of $800 in response to reports indicating that the U.S. Securities and Exchange Commission (SEC) has engaged [more…]
Fidelity Submits Application for Spot Ethereum ETF, Citing Potential ‘Major Win’ in Investor Protection for the U.S.
In a strategic move mirroring its earlier spot bitcoin ETF application, financial powerhouse Fidelity has recently submitted a filing for a spot ether ETF, signaling [more…]