OpenAI may not turn a profit until 2029 despite rapid growth

Cryptocurrency businesses worldwide are continuing to integrate fiat onramps into their operations in an effort to make it easier for customers to jump into crypto.United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex, according to a Feb. 18 announcement. Simplex, a popular fiat-to-crypto payments provider servicing major…

Goldman Sachs says the popularity of Ethereum's smart contracts means it could overtake Bitcoin as the number one crypto by market cap soon. 1454 Total views 20 Total shares Goldman Sachs said in a note to clients on Tuesday that the blockchain with the highest "real use potential" is Ethereum, suggesting its ETH could become…

Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets.In a tweet thread published on April 8, the exchange shared the 74-page court document detailing the judgment, summarizing:“Today, 8 April 2020, Justice Gendall delivered his judgment finding firstly, cryptocurrencies…

Continuing congestion on the Ethereum (ETH) network has led some developers and community members to call for increasing the gas limit, which defines its transaction throughput.Data from Etherscan shows that the average gas price rose more than three-fold since early May, with an average of about 30 Gwei in the last few days. Source: Etherscan.ioAccording to…

The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. 493 Total views 15 Total shares The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital…

U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. 148 Total views 2 Total shares Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department.…

Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet.The Czech Republic-based company officially announced the launch of Trezor Safe 3, its brand-new hardware wallet supporting more than 7,000 cryptocurrencies, on

Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%. 248 Total views 1 Total shares Own this piece of history Collect this article as an NFTUnited Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and…

Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.