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Monthly trading volume on crypto exchanges exceeded $1 trillion
In a riveting turn of events, the realm of cryptocurrency has witnessed a historic surge in trading volume, surpassing the elusive milestone of $1 trillion for the first time since September 2022. December's grand tally tallies up to a monumental $1.1 trillion, a remarkable resurgence after a notable lull, last witnessed in May 2022 when the figure soared to $1.35 trillion. Spearheading this whirlwind of transactions, Binance takes the lead, commanding a commanding 39.3% of the total tra...
Monthly trading volume on crypto exchanges exceeded $1 trillion
In a riveting turn of events, the realm of cryptocurrency has witnessed a historic surge in trading volume, surpassing the elusive milestone of $1 trillion for the first time since September 2022. December's grand tally tallies up to a monumental $1.1 trillion, a remarkable resurgence after a notable lull, last witnessed in May 2022 when the figure soared to $1.35 trillion. Spearheading this whirlwind of transactions, Binance takes the lead, commanding a commanding 39.3% of the total tra...
Scandal at OpenAI: why Sam Altman was fired and how they tried to bring him back
The abrupt dismissal of CEO Sam Altman by OpenAI on November 17 rattled the company's foundation, eliciting reactions from disgruntled employees and blindsiding prominent investors with an unforeseen decision. Amid the aftermath, ForkLog diligently amassed pertinent details, weaving together a comprehensive narrative elucidating the perplexing sequence of events that transpired. Recounting the tumultuous tale, former OpenAI co-founder and now-ex-president, Greg Brockman, unraveled a saga...
Scandal at OpenAI: why Sam Altman was fired and how they tried to bring him back
The abrupt dismissal of CEO Sam Altman by OpenAI on November 17 rattled the company's foundation, eliciting reactions from disgruntled employees and blindsiding prominent investors with an unforeseen decision. Amid the aftermath, ForkLog diligently amassed pertinent details, weaving together a comprehensive narrative elucidating the perplexing sequence of events that transpired. Recounting the tumultuous tale, former OpenAI co-founder and now-ex-president, Greg Brockman, unraveled a saga...
CMCC Global launched a $100 million fund to invest in Web3
CMCC Global Asset Management, a venture capital firm based in Hong Kong, has launched a new fund known as the Titan Fund, with a specific focus on investing in Web3 infrastructure. The fund has attracted investment from notable participants, including Winklevoss Capital and Jebsen Capital. The Titan Fund is structured to target early-stage blockchain startups operating in various sectors within the Web3 ecosystem. These sectors include:Infrastructure: Companies involved in developing the foun...
CMCC Global launched a $100 million fund to invest in Web3
CMCC Global Asset Management, a venture capital firm based in Hong Kong, has launched a new fund known as the Titan Fund, with a specific focus on investing in Web3 infrastructure. The fund has attracted investment from notable participants, including Winklevoss Capital and Jebsen Capital. The Titan Fund is structured to target early-stage blockchain startups operating in various sectors within the Web3 ecosystem. These sectors include:Infrastructure: Companies involved in developing the foun...
The regulator of Uzbekistan will begin issuing mining licenses
Uzbekistan has taken steps to regulate cryptocurrency mining by introducing licensing requirements. President Shavkat Mirziyoyev signed amendments to the country's legislation on September 6, which include provisions for licensing mining activities. Under the new regulations, the National Agency for Advanced Projects (NAPP) will oversee the licensing of activities related to cryptocurrency assets. Legal entities engaging in crypto services or mining activities will be required to obtain ...
The regulator of Uzbekistan will begin issuing mining licenses
Uzbekistan has taken steps to regulate cryptocurrency mining by introducing licensing requirements. President Shavkat Mirziyoyev signed amendments to the country's legislation on September 6, which include provisions for licensing mining activities. Under the new regulations, the National Agency for Advanced Projects (NAPP) will oversee the licensing of activities related to cryptocurrency assets. Legal entities engaging in crypto services or mining activities will be required to obtain ...
Lawyers noticed inconsistencies in the Tornado Cash case
In the realm where legality and technology intersect, the recent allegations surrounding the Tornado Cash mixer have caught the attention of legal experts. Coin Center, a crypto industry advocacy organization, has pointed out inconsistencies between the allegations and the regulatory landscape governed by FinCEN. The unfolding case involves the co-founders of Tornado Cash mixer, Roman Shtorm and Roman Semenov, who are facing accusations of money laundering. However, Coin Center has shed light...
Lawyers noticed inconsistencies in the Tornado Cash case
In the realm where legality and technology intersect, the recent allegations surrounding the Tornado Cash mixer have caught the attention of legal experts. Coin Center, a crypto industry advocacy organization, has pointed out inconsistencies between the allegations and the regulatory landscape governed by FinCEN. The unfolding case involves the co-founders of Tornado Cash mixer, Roman Shtorm and Roman Semenov, who are facing accusations of money laundering. However, Coin Center has shed light...
