Elizabeth Wilson - CryptocyNews.com

OpenAI Engages in ‘Intense Discussions’ to Halt Exodus of Key Employees

November 22, 2023 by Elizabeth Wilson

The departure of Sam Altman from OpenAI has exposed the tech company to potential career gaps as more employees threaten to step down. In a recent update, the OpenAI core team demanded the board to reconsider its decision and return Altman. In…

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Bittrex Global to Wind Down Operation in December

November 21, 2023 by Elizabeth Wilson

As the legal peril against non-compliant firms intensifies, crypto firms have taken strategic action to comply with the US Securities and Exchange Commission (SEC). Despite the efforts to meet the regulatory requirements, the ongoing SEC crackdown on crypto firms has forced vital…

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Tether Freezes USDT Worth $225M Linked to Human Trafficking Group

November 21, 2023 by Elizabeth Wilson

With the advancement in the digital sector crypto has become a tool for conducting unlawful activities forcing industrial players to take decisive action to protect the digital industry from collapsing. As part of the pivotal role to shield the crypto industry from…

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Fidelity Investment Files for Ethereum Spot ETF Cites Growing Demand for Crypto

November 20, 2023 by Elizabeth Wilson

In a recent report, Fidelity Investment seeks to expand its product offering by introducing the Ethereum exchange-traded funds (ETF). On Thursday, November 16, the Fidelity team filed for the Ethereum ETF with the US Securities and Exchange Commission (SEC). This impressive move…

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OpenAI Faces Exodus of Senior Executive Cites Ongoing Leadership Shake Up

November 19, 2023 by Elizabeth Wilson

The departure of Sam Altman as the chief executive of the giant tech firm OpenAI has triggered a top-level exodus. A source privy to the information stated that the departure of Altman from OpenAI has deepened the leadership shakeup. In a recent…

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CFTC Official Regrets that ‘Nothing Changed’ After FTX Implosion

November 16, 2023 by Elizabeth Wilson

The crash of Sam Bankman Fried-led crypto exchange FTX has been described as another Lehman shock in the financial sector that plunged most firms to liquidity. The aftermath of the FTX challenged the regulators to team up with the key industrial players…

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Standard Chartered Launches Libeara Platform to Support Tokenization of Assets

November 15, 2023 by Elizabeth Wilson

In an advancement announcement, Standard Chartered Bank’s investment and innovation division SC Ventures released a tokenization platform dubbed Libeara. Launching the Libeara positions Standard Chartered Group among the list of companies seeking to capitalize the tokenization of real-world assets (RWA). Lately, the…

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Fnality Nets $95M in Series B Funding Round Led by Goldman Sachs and BNP Paribas

November 14, 2023 by Elizabeth Wilson

In an advanced communication, Fnality International raised $95 million in a Series B funding round. The successful funding round was led by Wall Street key market players, including Goldman Sachs and BNP Paribas. Other companies participating in the funding round included Wisdom…

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Michael Saylor Envisage Bitcoin to Surge By 10X in 2024

November 13, 2023 by Elizabeth Wilson

As the countdown to April 2024 Bitcoin halving begins, critical players in the crypto sector forecast that the demand for BTC will double down. Michael Saylor, the co-founder of MicroStrategy, anticipates that BTC will increase by ten times before the end of…

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Former FTX Officials Set to Establish a New Crypto Exchange in Dubai

November 12, 2023 by Elizabeth Wilson

As the crypto community ponders the next move for the collapsed Bahamian crypto exchange FTX, the former top executives have established a significant comeback in the digital sector. The return of the former executive aims at identifying the critical areas that went…

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Poloniex Crypto Exchange Hit by $126 Million Exploit

November 12, 2023 by Elizabeth Wilson

In an advanced announcement, hackers launched a malicious attack on the Poloniex hot wallet, draining assets worth $126 million. The hacking incident was first flagged by Peckshield at 10:55 UTC on November 10 after hackers transferred a measurable amount of funds to…

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OpenAI’s ChatGPT Suffers from Irregular Outages After Being Hit by DDoS Attack

November 10, 2023 by Elizabeth Wilson

In a Bloomberg report, the ongoing hype on ChatGPT came to a standstill after bad players launched a distributed denial of service (DDoS) attack. News concerning the attack was shared by OpenAI status update outlining the severity of the attack. The OpenAI…

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Stackr Labs Yields $5.5 Million in a Seed Funding Round

November 9, 2023 by Elizabeth Wilson

In an advanced communication, Stackr Labs raised $5.5 million in a seed funding round. The successful fundraising was led by Archetype in collaboration with Scalar Capital. Other companies that supported Stackr included Lemniscap, Celestia Labs and Spartan Group. Also, prominent angel investors…

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Ninety Eight Debuts $25M Ecosystem Fund to Push for Adoption of Web3 Technology in Vietnam

November 8, 2023 by Elizabeth Wilson

As Asia positions itself as a hotbed for Web3 technologies, key industrial players in the crypto sector have made impressive moves to push for mainstream adoption of crypto and blockchain technologies. On Tuesday, November 7, the best performing Web3 coalition in Vietnam,…

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Mauritius Plans to Incorporate Metaverse Technology in the Financial Sector

November 7, 2023 by Elizabeth Wilson

In an advance report, the Financial Services Commission (FSC) in Mauritius revealed plans to gather valuable inputs from key industrial players on the significance of incorporating the metaverse in the financial sector. With the rapid growth of the financial sector, the FSC…

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Court Reschedules Mango Market Exploiter Fraud Trial to Next Year

November 5, 2023 by Elizabeth Wilson

Avraham Eisenberg, the man behind the $116 million Mango Market exploiter, has received an extension to his trial dates after a long legal battle between the government prosecutors and his defense lawyers. As the legal peril facing Eisenberg widened, his lawyers requested…

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Siemens Partners with Microsoft to Launch AI Assistive Tools

November 1, 2023 by Elizabeth Wilson

On Tuesday, October 31, the German-based automation company Siemens entered into a partnership agreement with Microsoft to explore viable opportunities in artificial intelligence (AI) technology. The announcement revealed that Siemens and Microsoft will focus on developing AI assistive tools. The partnership coincided…

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Marshall Islands Introduces New Legislation for DAOs to Address Major Concerns

October 31, 2023 by Elizabeth Wilson

In an advanced report, the policymakers in Marshall Island approved new legislation on crypto assets. The report demonstrated that the new law aims to strengthen existing laws on decentralized autonomous organizations (DAOs). At the initial rule-making process, the bill was formulated by…

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Trezor Executive Warns the Customers on Phishing Email

October 30, 2023 by Elizabeth Wilson

In an advanced announcement, Trezor, the leading crypto hardware wallet provider in Prague, has revealed plans to investigate a phishing campaign targeting its customers. The report demonstrated that Trezor users have been receiving phishing emails that lured them to download a suspicious…

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VanEck Projects Solana to Increase by 10,600% in 2030

October 29, 2023 by Elizabeth Wilson

In the past few days, the bulls have been active in the market. The resurgence of the bulls has triggered an uptrend among best-performing crypto assets. The bullish movement in the crypto industry has become a point of discussion among blockchain analytic…

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Name	Price	24H (%)
Bitcoin (BTC)	$69,762.00	1.19%
Ethereum (ETH)	$2,028.75	0.10%
Tether (USDT)	$1.00	0.00%
BNB (BNB)	$641.07	0.20%
XRP (XRP)	$1.38	0.50%
Cardano (ADA)	$0.261370	1.15%
Chainlink (LINK)	$8.94	-0.70%
Litecoin (LTC)	$53.61	-0.87%
Polkadot (DOT)	$1.49	-0.92%
Uniswap (UNI)	$3.84	-1.69%

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Author: Elizabeth Wilson

OpenAI Engages in ‘Intense Discussions’ to Halt Exodus of Key Employees

Bittrex Global to Wind Down Operation in December

Tether Freezes USDT Worth $225M Linked to Human Trafficking Group

Fidelity Investment Files for Ethereum Spot ETF Cites Growing Demand for Crypto

OpenAI Faces Exodus of Senior Executive Cites Ongoing Leadership Shake Up

CFTC Official Regrets that ‘Nothing Changed’ After FTX Implosion

Standard Chartered Launches Libeara Platform to Support Tokenization of Assets

Fnality Nets $95M in Series B Funding Round Led by Goldman Sachs and BNP Paribas

Michael Saylor Envisage Bitcoin to Surge By 10X in 2024

Former FTX Officials Set to Establish a New Crypto Exchange in Dubai

Poloniex Crypto Exchange Hit by $126 Million Exploit

OpenAI’s ChatGPT Suffers from Irregular Outages After Being Hit by DDoS Attack

Stackr Labs Yields $5.5 Million in a Seed Funding Round

Ninety Eight Debuts $25M Ecosystem Fund to Push for Adoption of Web3 Technology in Vietnam

Mauritius Plans to Incorporate Metaverse Technology in the Financial Sector

Court Reschedules Mango Market Exploiter Fraud Trial to Next Year

Siemens Partners with Microsoft to Launch AI Assistive Tools

Marshall Islands Introduces New Legislation for DAOs to Address Major Concerns

Trezor Executive Warns the Customers on Phishing Email

VanEck Projects Solana to Increase by 10,600% in 2030