OpenAI mulls dropping profit restrictions ahead of $100 billion valuation push

OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug.... Read more »

UK’s ambitions for crypto hub status falter amid regulatory roadblocks

Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset... Read more »

Bitcoin’s realized volatility in August reaches highest level in over a year

Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase of high risk in that market. It... Read more »

Cardano Chang hard fork to redefine decentralized governance from Sept. 1

Intersect, a Cardano membership organization, announced that the highly anticipated Chang hard fork will occur on Sept. 1, according to an Aug. 29 statement shared with CryptoSlate. Intersect highlighted that the Chang... Read more »

NFL Players Association sues DraftKings for $65M over Reignmakers NFT dispute

The National Football League Players Association (NFLPA) has filed a lawsuit against DraftKings Inc., seeking approximately $65 million in damages after the sports betting company abruptly shut down its NFT-based fantasy sports... Read more »

TON resumes operations after traffic surge from $550M DOGS airdrop disrupts network

The Open Network (TON), the blockchain network linked to Telegram, has resumed operations following a significant outage that lasted nearly six hours due to a spike in network traffic. In an Aug.... Read more »

Bitcoin investors turn cautious as speculative appetite wanes – Glassnode

Bitcoin (BTC) investors are showing a reduced appetite for speculation amid a state of equilibrium across on-chain activity and perpetual futures markets, according to a recent report by Glassnode. The report highlighted... Read more »

XBorg’s new XBG token launch aims to empower investors with 100% unlocks and on-chain transparency

XBorg launched as a spin-off from SwissBorg in 2022, is focused on revolutionizing the gaming industry through a player identity protocol that enhances online experiences by enabling data ownership. In this interview, Head... Read more »

Bitcoin sees $543 million in inflows after Powell’s dovish remarks

According to CoinShares’ latest weekly fund flow report, crypto investment products saw their largest inflows in five weeks, with $533 million pouring into the sector. James Butterfill, head of research at CoinShares,... Read more »

Is France’s crypto je ne sais quoi no more?

Over the last decade, France has established itself as the ideal base for the world’s largest crypto businesses. Binance, Crypto.com and stablecoin issuer Circle all have made Paris their European headquarters. But... Read more »
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