OpenAI is considering a strategic restructuring to harmonize its profit and non-profit branches. The proposal aims to create governance oriented towards the common good, addressing criticisms about the organization’s legal structure. Let’s see all the details in this article. Restructuring in sight for profit and non-profit branches: OpenAI could become a Delaware Public Benefit Corporation … Read more
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.
Ethereum’s NFT market has witnessed a remarkable resurgence, with trading volume skyrocketing to $186 million last week. This latest surge, marking a 67% increase from the previous week’s $111 million, showcases Ethereum’s enduring supremacy in the NFT ecosystem. The Pudgy Penguins collection has emerged as a primary driver of this growth, generating $108 million in … Read more
According to Polymarket’s latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $150,000 by March 31, 2025. Bitcoin’s Future Price Under the Microscope … Read more
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
The South Korean government says it is imposing sanctions on 15 North Koreans who engage in illicit cyber activities to raise funds for their totalitarian state. In a statement, South Korea’s Ministry of Foreign Affairs says the individuals – Park Heung-ryong, Yoon Jung-sik, Lee Il-jin, Kim Kyung-il, Kang Hyun-cheol, Kim Cheol-min, Lee Geum-hyung, Kim Ryu-sung, … Read more
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.
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The National Institute of Standards and Technology (NIST) seeks public input on the proposed changes until June 25, 2025.