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Nvidia doubles down on AI future as stock market cap tops $2.5T
23.5.2024
The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
21.5.2024
FDIC Chair Martin Gruenberg to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator.
The post FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report appeared first on Cryptonews
Anti-crypto FDIC chair Martin Gruenberg to step down — ‘best day ever’
21.5.2024
Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC
Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm
20.5.2024
Grayscale CEO Michael Sonnenshein is stepping down from having joined the team in 2014 and serving as CEO since 2021, Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg.
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Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs’ Peter Mintzberg Appointed New CEO
20.5.2024
Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of Directors. He succeeds Michael Sonnenshein, who steps down...
Grayscale CEO Michael Sonnenshein Steps Down
20.5.2024
Sonnenshein's replacement will be Peter Mintzberg, currently head of strategy for asset and wealth manager at Goldman Sachs
Grayscale CEO Michael Sonnenshein steps down
20.5.2024
The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15
LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially
20.5.2024
LayerZero Labs has identified a total of 800,000 addresses as potential sybil addresses, rendering them ineligible for the full token allocation.
The post LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially appeared first on Cryptonews
Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?
20.5.2024
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
19.5.2024
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer investment advice and financial education. However...
Feds bust $73M crypto scam, arrest two masterminds
18.5.2024
The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds
Redfall Still Getting Offline Mode And Big Final Update Even As The Studio Shuts Down
17.5.2024
A year after Redfall’s disastrous launch, Microsoft announced it would be closing the beloved studio behind it, Arkane Austin. But it sounds like Game Pass’ vampire shooter will still get the big final update Arkane’s devs were working on after all.Read more
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
17.5.2024
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead...
Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations
16.5.2024
Eclipse Labs founder and CEO Neel Somani has officially stepped down and been replaced by Vijay Chetty “effective immediately” following allegations of sexual misconduct.
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Openai Co-Founder Ilya Sutskever Steps Down, Jakub Pachocki Named New Chief Scientist
15.5.2024
Ilya Sutskever, a co-founder and the chief scientist at Openai, announced his departure from the company after nearly a decade to work on a “personally meaningful” project, without specifying further details. Jakub Pachocki, previously the director of research at Openai since 2017...
Tons Of Xbox 360 Games On Deep Sale Before Store Gets Shut Down
14.5.2024
The Xbox 360 is a legendary console, and its storefront, the Xbox Marketplace, was similarly legendary, becoming one of the most prominent online stores in console history and helping pave the way for digital distribution. The Xbox store has hosted the likes of Xbox Live Arcade, which shone a light...
Regulators are cracking down on financial privacy, but ZK-proofs can help
14.5.2024
The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
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UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect
14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.
The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews
Coinbase website down as crypto exchange cites ‘system-wide outage’
14.5.2024
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable