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Sam Altman Reinstated as OpenAI CEO; Microsoft Joins Board
November 30, 2023
Founder Sam Altman is back in office as the CEO of OpenAI, after a temporary departure. He confirmed that interim CEO Mira Murati has stepped down and resumed her previous …
Read moreStaggering 75% of Web3 Games Fail in Five Years, Collaborations with Esports Emerge
November 30, 2023
A recent study indicates that over 75% of all blockchain games launched in the past five years have failed, with the criterion for failure being a severe decrease in active …
Read moreFTX Gets Green Light to Recover Funds; Celsius Initiates Withdrawal Amid Empty Account Rumors
November 30, 2023
The failed crypto exchange, FTX, has been granted permission to sell a considerable amount of shares held in multiple digital asset trusts. This move forms part of the recovery efforts …
Read moreLearn Concept: Regulatory Scrutiny of Crypto Exchanges and Coin Mixers
November 30, 2023
Understanding the Regulatory Scrutiny of Crypto Exchanges and Coin MixersCryptocurrency exchanges and coin mixers play crucial roles in the crypto industry; the former facilitate the buying and selling of cryptocurrencies …
Read moreBinance Preparing to Discontinue Support for BUSD Stablecoin
November 30, 2023
Crypto exchange giant, Binance, is initiating steps to terminate support for its Binance USD (BUSD) stablecoin. The phase-out will commence from mid-December, with all spot trading pairs involving BUSD getting …
Read moreCME Bitcoin Futures Surge as Investors Eye $40K BTC Price and Increased Volume
November 29, 2023
Signs of increased institutional interest in Bitcoin are clear as the Chicago Mercantile Exchange (CME) Bitcoin futures show significant uptrend. The Bitcoin futures annualized premium experienced an increase to 34% …
Read moreBitcoin ETF Reshaped: BlackRock and Grayscale Revised Proposals
November 29, 2023
In a bid to address regulatory concerns, BlackRock has revisited its spot Bitcoin ETF application to the SEC. The amendments, intended to offset worries around market manipulation and broker-dealer registrations, …
Read moreIOTA Launches $100 Million Foundation in Abu Dhabi, Spurs 43% Market Jump
November 29, 2023
In a significant development in the Middle East's blockchain sector, the IOTA Ecosystem DLT Foundation was officially launched in Abu Dhabi. This is the first foundation to be approved by …
Read morePaxos Gains Approval to Issue Stablecoins in Abu Dhabi
November 29, 2023
The leading crypto firm, Paxos, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM) to issue currency-backed stablecoins and offer various digital …
Read moreU.S. Treasury Sanctions Crypto Mixer Sinbad On Money Laundering Allegations
November 29, 2023
The U.S. Treasury Department has issued sanctions against crypto mixing service Sinbad.io, accusing the platform of facilitating money laundering operations by North Korea's state-sponsored hacker group, Lazarus. According to official …
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