R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …
Source: Coinbase's hackers had bribed enough customer service representatives to achieve effectively on-demand access to customer info in the past five months
On the long list of crypto companies that have been hacked, there are plenty of examples of financial losses that are much more painful …
Coinbase says hackers accessed data of a “small subset” of users, but not credentials, expects to incur $180M-$400M in costs, and refuses to pay a $20M ransom
and the investigators who saw it coming Sead Fadilpašić / TechRadar : Personal information leaked in Coinbase cyberattack, cost could be $400 million Bloomberg : Coinbase Hack Coul...
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 :...
Source: a breakthrough spearheaded by OpenAI chief scientist Ilya Sutskever enabled a model that could solve basic math problems, stoking excitement and concern
One day before he was fired by OpenAI's board last week, Sam Altman alluded to a recent technical advance the company …
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
OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce co-CEO Bret Taylor.
Uniswap plans to start implementing a 0.15% fee for certain crypto trades on its web app and wallet from October 17, generating an estimated $1M per day in fees
- Uniswap will add a new fee starting on Oct. 17 for certain swaps on its web interface and wallet.
Y00ts, once a top Solana-based NFT project and that moved to Polygon in December 2022, plans to migrate to Ethereum and to return its $3M grant from Polygon
this time to Ethereum Vineet / NFT Evening : DeGods Leave Polygon, Move y00ts to Ethereum, and Return $3 Million Grant! Rony Roy / crypto.news : Y00ts shifts from Polygon to Ethere...
Y00ts, once among the top Solana-based NFT projects and that moved to Polygon in 2022, plans to migrate to Ethereum and will return its $3M grant from Polygon
The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.
Source: MoonPay insiders, including CEO Ivan Soto-Wright, cashed out $150M in shares as part of the crypto payment startup's $555M Series A in November 2021
The only smart people in the entire NFT fiasco were the grifter CEOs who made bag holders out of greedy VCs and Ponzi schemers who thought they were the ones doing the pump & dump....
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down
Rosie Perper / CoinDesk :