Altman’s removal triggers co-founder Brockman’s exit
The internal discord at OpenAI appears to be escalating rapidly, with the removal of Sam Altman announced by the company, citing a confidence deficit. Shortly…
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Weekend Wrap: From Yes Bank to Eicher Motors, top news and market movers this week
Top News Consumer Price Index (CPI) Inflation fell to4.87% from 5.02% in September 2023 and Wholesale Price Inflation (WPI) fell to -0.52% in October 2023,…
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert supporting her…
Fidelity seeks green light for Ethereum ETF, following BlackRock’s filing
Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded fund…
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be…
3 metrics DeFi traders can watch in order to spot the next crypto bull market
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of Bitcoin (BTC). In 2020, the…
Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO
ChatGPT developer OpenAI has removed founder Sam Altman from its CEO position, according to a November 17 blog post. Chief technology officer Mira Murati will…
Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more
As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over…
Bitcoin fees skyrocket on ETF hype
The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading…
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to traditional Web2 flaws and security issues, such…