Mrunal Pendem

In a significant development for the tech industry, Sam Altman, a renowned expert in artificial intelligence and machine learning, has officially joined Microsoft. This move signals a strengthening of Microsoft’s commitment to innovation and technology leadership in the digital age. Satya Nadella, Microsoft’s CEO, warmly welcomed Altman on Twitter, expressing enthusiasm for the expertise and […]

The introduction of ‘Grok’ by xAI, spearheaded by Elon Musk, marks a pivotal moment in AI conversational technology. Unveiled initially to a select group of testers on November 4, Grok is engineered to exhibit a distinct personality, infused with wit and a rebellious nature, distinguishing it in the competitive landscape of AI chatbots. The integration […]

The cryptocurrency world is witnessing a seismic shift, marked by significant events that are reshaping its landscape. A striking example is the recent departure of Changpeng “CZ” Zhao from Binance, the cryptocurrency exchange he built into a $60 billion powerhouse since its inception in 2017. Zhao’s resignation on November 21 came as part of an […]

The Arbitrum DAO community has recently passed a significant budget increase for its grant program, raising the total allocation to over $70 million. This move will support a broader range of projects, with the total number of beneficiaries reaching 56. In a recent decision by the Arbitrum DAO, additional funding amounting to $23.4 million has […]

The Republic of Palau has embarked on the second phase of its ambitious Palau Stablecoin (PSC) program, with a significant enhancement in its partnership with Ripple, a leader in blockchain and cryptocurrency solutions. This phase marks a pivotal moment in Palau’s journey towards a more integrated digital economy. Phase 2: Focusing on Digital Ecosystem and […]

A former token holder has initiated a class action lawsuit against Lido DAO, the governing body of the liquid staking protocol Lido. The legal action was taken in a District Court in San Francisco, United States, on December 17, as per the filed complaint. The crux of the lawsuit centers on the allegation that the […]

In the pre-market trading session, shares of Bitcoin-focused enterprises, MicroStrategy and Coinbase, witnessed significant gains of 9% and 6%, respectively, as Bitcoin’s price surged above $45,000 and approached the Bitcoin exchange-traded fund (ETF) decision deadline slated for January 10. Coinbase’s stock experienced a notable 6.4% rise to $184.99, while MicroStrategy’s shares surged by 9.14% to […]

In a recent exclusive interview with Cointelegraph, Tether CEO Paolo Ardoino has voiced his belief that the future of the crypto industry lies in providing real-world use cases without necessarily relying on tokens or blockchain technology. Ardoino argues that the next breakthrough in the industry should focus on the fundamental value proposition offered by cryptography, […]

In a significant shift in approach, the United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, attributed the recent approval of spot Bitcoin exchange-traded funds (ETFs) to a pivotal court decision involving asset manager Grayscale. The SEC, which had consistently denied applications for similar products since 2013, saw a change in perspective following Grayscale’s […]

In a landmark development for the cryptocurrency sector, the United States Government Accountability Office (GAO) has put forth crucial recommendations to the Securities and Exchange Commission (SEC) preceding the latter’s unprecedented approval of spot Bitcoin exchange-traded funds (ETFs) on January 10th. The Role of the GAO in Shaping Crypto Regulation The GAO, an independent and […]