OpenAI memo: Sam Altman's firing wasn't due to “malfeasance” or related to financial, business, safety, or security practices but a “breakdown in communication”
Team - after yesterday's announcement, which took us all by surprise, we have had multiple conversations …
Sources: Sam Altman's exit followed a “misalignment” between OpenAI's profit and nonprofit adherents; some may view the company's development speed as too risky
that AGI could kill all of humanity Louise Matsakis / @lmatsakis : The Information reports that Ilya told OpenAI employees that “this was the board doing its duty to the mission of...
Sources: Sam Altman's exit followed a “misalignment” between OpenAI's profit and nonprofit sides, given the company's development speed could be viewed as risky
Scoop: There are about to be a lot more major departures of top folks at @OpenAI tonight and I assume Altman will make a statement tonight. But, as I understand it, it was a “misal...
X now requires a linked source for proposed Community Notes, as researchers say misinformation on X has reached new heights during the Israel-Hamas war
Researchers have said that misinformation has reached new heights amid the Israel-Hamas war. — X is making a significant change …
Filing: FTX's estate has now marshalled ~$7B in assets, including $2.6B in cash, $1.16B in solana, $560M in bitcoin, and ~$200M in 38 properties in the Bahamas
FTX sues cross-chain swap protocol builder LayerZero Labs, seeking to undo a $45M deal made four days before FTX filed for bankruptcy and a $40M cash withdrawal
- The FTX estate is suing blockchain infrastructure company LayerZero Labs in an attempt to undo a $45M deal made in the midst of its collapse.
An interview with 3AC founders Su Zhu and Kyle Davies, who may be hiding in the UAE, on its “regrettable” collapse, leverage, Luna, risk management, and more
After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty
The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty
The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt
After freezing withdrawals, crypto exchange CoinFlex plans to issue a Recovery Value USD token, offering 20% annual returns, seeking to repay a $47M debt
Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return …
After freezing withdrawals, crypto exchange CoinFlex plans to issue a Recovery Value USD token, offering 20% annual returns, seeking to repay a $47M debt
Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return …
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers
Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme
It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers
Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”
The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …