The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued. The…
CZ departure, Binance deal lead to purge of $175M of crypto longs Cointelegraph By Ezra Reguerra Cointelegraph.com News
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours. Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by…
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email Cointelegraph By Helen Partz Cointelegraph.com News
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023. The Mt. Gox trustee announced the redemption…
CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’ Cointelegraph By Savannah Fortis Cointelegraph.com News
Former Binance CEO Changpeng Zhao sent a letter to employees after he stepped down, assuring them the company would be fine and quoting a famous Star Trek line. Former Binance CEO Changpeng…
Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’ Cointelegraph By Prashant Jha Cointelegraph.com News
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” Genesis claims Gemini made preferential transfers of about $689 million from Genesis…
OpenAI to rehire Sam Altman as CEO with new initial board members Cointelegraph By Arijit Sarkar Cointelegraph.com News
OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers, and Adam D’Angelo. OpenAI says…
Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric? Cointelegraph By Allen Scott Cointelegraph.com News
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all that is. Bitcoin dominance is a largely redundant metric…
Grayscale met with SEC to discuss spot Bitcoin ETF details Cointelegraph By Martin Young Cointelegraph.com News
Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC). Grayscale executives and lawyers met with the SEC to discuss a rule…
New Zealand dollar stablecoin goes live through local crypto exchange Cointelegraph By Derek Andersen Cointelegraph.com News
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership…
CZ released on $175M bond, could return to Dubai Cointelegraph By Brayden Lindrea Cointelegraph.com News
Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing. Binance founder Changpeng “CZ” Zhao posted a $175 million…