OpenAI launches Hardware Unit Led by ex-Meta AR Chief
Caitlin Kalinowski, former head of Meta’s AR hardware, is now leading OpenAI’s consumer hardware team for AI robotics. Caitlin Kalinowski, who formerly served as the leader of the augmented reality hardware team at Meta, will now be in charge of a new consumer hardware team for the companies that build artificial intelligence. In the past, […]
Donald Trump May Not Be Able To Fire Gary Gensler
Attorney Dave Michaels noted that the *Humphrey’s Executor* ruling protects SEC chairs from dismissal based only on executive preference. SEC Chair Gary Gensler’s future has become a topic of discussion as the United States braces for potential changes following today’s election. There is speculation among certain individuals regarding potential changes in agency leadership in light […]
VanEck Launches Solana PYTH ETN to Expand in Europe
VanEck announces PYTH ETN on Euronext, providing European investors exposure to Solana-backed Pyth Network without direct crypto holdings. VanEck has expanded its European lineup with the launch of a new PYTH ETN, giving investors access to the Solana-backed Pyth Network without direct cryptocurrency ownership. The product, listed on Euronext Amsterdam and Euronext Paris, opens investment in PYTH to […]
Mt. Gox Shifts $2.2B in Bitcoin, Intensifying BTC Selling Pressure
For over a decade, about 127,000 Mt. Gox creditors owed more than $9.4 billion in Bitcoin. Mt. Gox recently transferred billions in Bitcoin, with some of it directed toward centralized exchanges, potentially signaling further creditor repayments as the decade-long case nears its end. A wallet linked to the bankrupt exchange moved over $2.19 billion in […]
Swift, UBS, & Chainlink Pilot Tokenized Fund Settlement
Swift, UBS, and Chainlink seek to transform traditional finance by incorporating blockchain into tokenized fund processes. In a significant advancement under the Monetary Authority of Singapore’s (MAS) Project Guardian, Swift, UBS Asset Management, and the blockchain oracle network Chainlink have completed a pilot focused on tokenized fund settlements. This pilot employs Swift’s extensive financial messaging […]