Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX…
Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s…
Overleveraged crypto traders were liquidated out of nearly $2 billion in one of the year’s largest market flush-outs on Monday, in what some analysts blame on technical factors rather than weakening market fundamentals. More than 370,000 traders have been liquidated to the tune of $1.8 billion over the past 24 hours, according to data from…
Meta just showed off all the latest in wearable technology, virtual reality, augmented reality, and more at its annual Connect keynote. In addition to the long-awaited reveal of Meta’s updated Ray-Ban smart glasses, the company had some other exciting surprises to share, too. Here’s a roundup of all the new tech and software updates announced…
Scale AI, which helps tech companies prepare data to train their AI models, filed a lawsuit against one of its former sales employees and its rival Mercor on Wednesday. The suit claims the employee, who was hired by Mercor, “stole more than 100 confidential documents concerning Scale’s customer strategies and other proprietary information,” according to…
GPT-5 has finally arrived. Along with the announcement of the highly anticipated AI model, OpenAI also previewed several updates coming to ChatGPT, ranging from visual changes to improvements to the chatbot’s performance. Here’s a rundown of all of the changes you can expect to see in ChatGPT. Say goodbye to the model picker Screenshot: OpenAI…
Samit Sarkar, Google’s head of Android ecosystems, recently confirmed that Android and ChromeOS will be merged into a single platform, reigniting a slew of questions about the future of the operating systems. Combining them makes sense. It made sense way back in 2013, and it was first supposed to happen back in 2015, but until…
Anza, a Solana blockchain infrastructure firm spun out of Solana Labs, has proposed a new proof-of-stake consensus called Alpenglow that it claims would be “the biggest change to Solana’s core protocol” and compete with current internet infrastructure. “We believe that the release of Alpenglow will be a turning point for Solana. Alpenglow is not only…
Tesla protesters are planning their “biggest day of action” yet, aiming for 500 demonstrations at Tesla showrooms across the world on March 29th, organizers said during a mobilizing call Wednesday. The protests started at a handful of Tesla locations in early February, and has grown to hundreds of locations across the world, as more people…
In January last year, German biotech company BioNTech acquired African AI startup Instadeep for over $550 million, a deal finalized in July of the same year. Instadeep, whose exit is currently the largest from Africa, has been operating under the German pharma umbrella for just over a year. Now is a good time to look…