OpenAI co-founder and chief scientist departs AI firm
Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.
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Trump’s executive order excludes Fed, FDIC from crypto working group
The executive order will also exclude the US central bank from future stablecoin regulation, according to industry insiders.

Solana has 100M active wallets, but most are empty
Although Solana’s active address count has climbed to 100 million, most wallets appear to hold little or no SOL.

Tether’s assets exceed liabilities in new reserves report by BDO
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million. 881 Total views 9 Total shares Own this piece of history Collect this article as an NFTTether, the issuer of the world’s largest stablecoin by market value, has completed reserves attestation by major…

LayerZero CEO announces settlement with FTX estate
Though Brian Pellegrino said in September 2023 that FTX’s lawsuit was “filled with unsubstantiated claims,” LayerZero reached an agreement over deals with the company.

Crypto exchanges see $3B Ethereum exit since ETF approvals
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.

5 indicators traders can use to know when a crypto bear market is ending
The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even the bears expected, and some investors are likely scratching their heads and wondering how BTC will come back from this epic decline. Prices are…

Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit. 75 Total views 1 Total shares SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-chain protocol Multichain.In an Aug. 16 community vote, SpiritSwap users passed a resolution to…

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up" followed by a bigger consolidation.