OpenAI Suggests Merger with Anthropic: What It Means for FTX
On OpenAI Anthropic Merger Update, CEO declines offer citing his dedication to the company. Anthropic received funding from Google. During the ongoing controversy at OpenAI, reports indicate that the company is negotiating a merger with its artificial intelligence (AI) competitor, Anthropic. The discussions are currently in the early stages of the process of development. OpenAI […]
OKX Seeks Virtual Asset Trading License from Hong Kong Authorities
OKX is the first offshore applicant on the Hong Kong SFC’s updated list of applicants for licenses to operate virtual asset trading platforms. The recent update to the Hong Kong Securities and Futures Commission’s (SFC) list of applicants for licenses to operate virtual asset trading platforms is a big step toward regulating cryptocurrency exchanges in […]
Bittrex Global to Halt Trading in December as Closure Extends Globally
Bittrex Global announced it will end most exchange operations and trading activity in the coming weeks. Due to a continued complicated regulatory environment and the litigation settlement reached with the SEC by its U.S. arm, Bittrex Global is scheduled to shut down its trading activities globally on December 4. The news was made not long […]
BNB Surges on Report of DOJ Seeking $4B Settlement With Binance
Following a Bloomberg report that the DOJ demanded $4B from Binance to conclude its investigation, BNB reached its highest price since June. Following Bloomberg’s report that the United States Department of Justice is considering a $4 billion settlement with Binance to conclude its investigation into the company, BNB increased by more than 7% the previous […]
Apple Faces Lawsuit Over Blocking Crypto Tech For P2P Payments
Apple is confronted with a class action lawsuit alleging anticompetitive behavior in the iOS peer-to-peer payments sector. Dissatisfied consumers have initiated a class-action lawsuit against Apple, alleging that the technology behemoth has colluded to restrict peer-to-peer payment capabilities on its devices and obstruct cryptographic technologies from iOS payment applications. The complaint, filed in a California […]