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"Cryptocurrencies are the Future of Money, Bitcoin Is Not" says Economist

"Cryptocurrencies are the Future of Money, Bitcoin Is Not" says Economist

Professor Steve Hanke says that cryptocurrencies backed by a currency board are the future of money, but not Bitcoin.

OpenAI Expands Board with Tech and Legal Luminaries

OpenAI Expands Board with Tech and Legal Luminaries

OpenAI announces the addition of Dr. Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo to its board of directors, marking a significant governance expansion.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

SEC Charges FTX Auditor Prager Metis Over Independence Violations

SEC Charges FTX Auditor Prager Metis Over Independence Violations

The SEC has charged Prager Metis with violations of auditor independence laws, drawing attention due to its previous engagement with cryptocurrency exchange FTX, which filed for bankruptcy in 2022. The legal action emphasizes the crucial role of auditor independence in ensuring financial transparency and investor protection.

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.

Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul

Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul

Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).

Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

The market has different responses to Musk's recent move after he recently purchased Twitter shares and decided not to join the board.

G20 Announces Standards for Global Crypto Regulation

G20 Announces Standards for Global Crypto Regulation

G20 countries have announced that the Financial Stability Board, the International Monetary Fund, and the Bank for International Settlements will release recommendations on global crypto regulation by July.

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.

Chia Network Appoints Noor Menai to Board of Directors

Chia Network Appoints Noor Menai to Board of Directors

Chia Network, Inc. has appointed Noor Menai to its Board of Directors. Menai, a seasoned professional with over 30 years of experience in banking, finance, and technology, has held positions at prestigious institutions like JPMorgan Chase, Bank of America, and Citigroup. Chia Network, founded by BitTorrent founder Bram Cohen, aims to redefine blockchain technology for practical applications.

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March

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