Trading
AI
Sam Altman to return as OpenAI CEO after dramatic board overhaul
OpenAI had been enmeshed in a leadership crisis over the past week.
Exchanges
WSJ reports CZ stepping down as BNB token whipsaws with Binance near DOJ settlement deal
BNB's value soared to nearly $270 ahead of the news before falling to $240.
Mining
Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy
The miner said its raise was 22 times the projected amount.
Stablecoins
Tether billion-dollar deposit in UK bank sparks legal showdown: FT
Tether's financial management practices has faced scrutiny from the authorities.
Layer-2
Blast Layer-2 network launch draws both interest and criticism over potential yield model
The blockchain network was backed by venture capital Paradigm.
Technology
Fantom Foundation awards $1.7M to researcher for uncovering potential $170M exploit
Fantom said the vulnerability would have allowed malicious players to mint FTM token on Ethereum.
Exchanges
Kraken vows to ‘vigorously defend’ SEC lawsuit amid Congressional support
Kraken's co-founder Jesse Powell described the financial regulator as an "extortionist."
AI
Interim OpenAI CEO Emmett Shear announces investigation as staff revolts against board
New leadership approach at OpenAI: Emmett Shear's 30-day plan aims to mend the rifts following staff backlash.
Stablecoins
Tether, OKX collaborate with DOJ to seize record $225M in illicit USDT funds
The frozen USDT represents the the largest-ever freeze of USDT in history.
Exchanges
Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets
Ichigo will reportedly sell about $20 million worth of securities backed by property investments.
ETF
Spot ETF optimism fuels record eight-week streak of crypto ETP net inflows
Bitcoin's inflows since September represent about 3.4% of its total asset under management
Tokenization
AI tokens surge 9% amid OpenAI leadership saga
AI tokens The Graph, Fetch, SingularityNET post average return of 45% during the past 30 days.
