A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cited by Judge - Ellison...
Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content
including here—is now just an unpaid day laborer on someone else's LLM training farm. The only difference is that some companies make it more obvious than others. https://www.bloomberg.com/... Mastod...
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo
4 key takeaways Jason Dorrier / Singularity Hub : OpenAI Mayhem: What We Know Now, Don't Know Yet, and What Could Be Next New York Times : Explaining OpenAI's Board Shake-Up CNBC : Sam Altman's back. ...
The EU opens an antitrust investigation into whether Microsoft abuses its dominant position by bundling Teams with Office, the first investigation in 10+ years
and this time it's because of its Slack rival Ioanna Lykiardopoulou / TNW : Microsoft's Teams and Office bundling may breach EU competition rules Aaron Gregg / Washington Post : E.U. investigates Micr...
The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning “orb”, in 35 cities; Worldcoin plans to retain 20% of its tokens
More than three years ago we founded Worldcoin with the ambition … Manish Singh / TechCrunch : Sam Altman's Worldcoin eyeball-scanning crypto project launches Binance : Binance Will List Worldcoin (WL...
BlackRock files a US SEC application to register a spot bitcoin ETF, using Coinbase Custody as its custodian; the SEC has rejected all bitcoin spot ETFs to date
Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing U.S. Securities and Exchange Commission : iShares Bitcoin Trust The Daily Hodl : Billionaire Mike Novogratz Says BlackRock Filing for a Bitcoin E...
a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI
Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / Bitcoinist.com : a16...
Fahrenheit, bidders led by Arrington Capital, wins an auction for Celsius Network's assets, including loans, investments, and $500M in “liquid cryptocurrency”
0°C×9/5+32 = how much money to thaw frozen crypto accounts? James Cirrone / Blockworks : Fahrenheit Wins Bid for Bankrupt Celsius, Will Acquire up to $500M in Liquid Crypto Tweets: Simon Dixon / @simo...
A UK Treasury Committee crypto report recommends that the government regulate trading and investment in unbacked crypto as gambling and not a financial service
Summary So-called “cryptoassets” span a wide and rapidly evolving range … Ledger Insights : UK Parliament's Treasury Committee wants crypto regulated as gambling Mastodon: Dare Obasanjo / @carnage4lif...
A Binance executive says the past six months in the US have been “very confusing” and the company will do “everything we possibly can” to be regulated in the UK
World's largest cryptocurrency exchange says it is ‘very difficult’ to do business in US after moves by Washington regulators Tweets: @smtuffy and @nikasgari Tweets: Sean Tuffy / @smtuffy : I'm old en...