OpenAI Board Mulls Sam Altman’s Return As Worldcoin (WLD) Recovers From Price Slump

According to multiple reports, the board of OpenAI, the company behind ChatGPT, has been in talks with ousted CEO Sam Altman about a return to the company. This development comes following the heavy criticism of the wider tech community on the board’s decision to abruptly fire the Worldcoin founder. In a shocking statement on Friday, […]

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Worldcoin (WLD) Plummets As OpenAI CEO Sam Altman Is Dismissed

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OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%

Artificial intelligence (AI) company OpenAI ousted Sam Altman as CEO and from the board, the board of directors announced in a blog post Friday.

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Hong Kong-Listed Giant To Buy Bitcoin, Ether Worth $100 Million

Boyaa Interactive, a prominent Hong Kong-listed company and a major player in China’s board and card game industry, has announced plans to invest up to $100 million in cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH) over the next 12 months.

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Bitdeer to buy back shares worth up to $2m

Singapore-based Bitcoin (BTC) mining company Bitdeer Technologies wants to buy back its shares for up to $2 million. The Nasdaq-listed firm’s board of directors approved a new share repurchase program effective until April 17, 2024, the statement said. The program…

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Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’

The decision followed internal discussions among the company’s leadership and board of directors, and the company plans to focus on "economically viable opportunities."

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New Celsius 2.0 company board proposal released, led by former Algorand CEO

Bankrupt crypto lender Celsius has proposed the appointment of Algorand’s blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings.

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Robinhood bought back Sam Bankman-Fried’s stake from US gov’t for $606M

The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court.

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Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

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Alibaba Group Announces Leadership Change: Crypto-Friendly Joseph Tsai to Take Over as Chairman

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SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks

The chairman and CEO of Japanese financial giant SBI Holdings Inc. , Yoshitaka Kitao, has made an extremely bullish prediction about the XRP price and Ripple Labs as a company. As is well-known, Kitao is one of Ripple’s biggest supporters and, remarkably, a former board member of the fintech (replaced by Adam Traidman).

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Enhancing Metaverse Integration: My Neighbor Alice Joins The Board of Directors of OMA3

Stockholm, Sweden, June 12th, 2023, Chainwire Riccardo Sibani, Chief Product Officer at My Neighbor Alice, represents the company on the OMA3 Board and contributes to developing a more interconnected metaverse.

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Insider trading lawsuit filed against Coinbase executives and board members

A lawsuit filed in a state court in Delaware alleges that Coinbase's top executives enriched themselves by $1.09 billion by not disclosing negative information about the company.

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Coinbase officers, board members face suit over alleged insider trading during listing

The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value.

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Dave Ripley takes over as Kraken CEO, set on next phase of growth and expansion

Kraken announced the appointment of Dave Ripley as the company’s new CEO. The leadership succession plan was initially publicized in September 2022. However, with effect from April 27, Ripley takes over from Jesse Powell – who moves to his new role as Chairman of the Board.

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OKX’s Ex-CEO Jay Hao joins Sensorium Advisory Board to advance Web3 development

Sensorium, a leading metaverse development company pushing the boundaries in the Web3 space, has revealed that Jay Hao, former CEO of OKX — one of the world’s largest cryptocurrency exchanges — has joined their Advisory Board.

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US lawmakers reiterate concerns about ‘sham’ crypto firm audits to PCAOB

Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well.

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Brian Brooks: U.S. Government Using Crisis to Choke Off Crypto Access to Banks

Brian Brooks, former head of the OCC and now board member of blockchain technology company Bitfury, says the recent crackdown by regulators on three crypto-friendly banks appears to be a coordinated effort and what some are dubbing "Operation Choke Point 2.0"

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PCAOB warns investors of PoR report's reliability in latest advisory

The Public Company Accounting Oversight Board recently issued an advisory for investors.  The advisory warned investors about the reliability of PoR reports carried out by third parties for crThe post PCAOB warns investors of PoR report's reliability in latest advisory appeared first on AMBCrypto.

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US regulator warns investors on proof-of-reserves unreliability

The US Public Company Accounting Oversight Board (PCAOB) has released an investor advisory document for crypto users. The report claims that the proof-of-reserve (PoR) reports are “inherently limited,” and holders should “exercise caution” when using them as reassurance. According to…

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Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang

The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies.

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Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’

San Francisco-based Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments.  The complaint accuses Layer1’s founder Jakov Dolic and board member Tobias Ebel of exploiting an alleged state of corporate paralysis at the Swiss private equity firm Enigma Holding (Layer1’s parent company) […] The post Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’ appeared first on CryptoSlate.

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Bitcoin mining company Layer1 caught up in internal legal battle

Layer1 Technologies CEO John Harney and DGF Investments Inc. have filed a lawsuit against Jakov Dolic and Tobias Ebel, the other board members of the bitcoin (BTC) mining firm for allegedly looting the company for their personal gains. According to…

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Circle cancels plans to go public amid return to profitability

Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation.

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Disney brings back Bob Iger as CEO: Here’s the crypto connection

Since leaving The Walt Disney Company, Bob Iger has been acting as an adviser and board member for the digital avatar platform Genies.

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New FTX CEO previously recovered Enron shareholders funds

John J. Ray III, the newest acting CEO of FTX, was on board to ensure the recovery of Enron’s users’ lost funds in 2001. The sum of $26 billion got wiped out during the energy company’s liquidation. Ray ventured in…

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Jesse Powell Will Step Down As Kraken CEO But Remain As Board Chair

Jesse Powell is stepping down as the chief executive officer of Kraken, the crypto exchange he helped co-found in 2011. Powell will transition to a new role as chairman of the company’s board of directors.

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Binance Anticipates Inflection Point, Launches Global Advisory Board & Partners With EazyPay

Binance is launching a global advisory board consisting of former government officials and financial experts, according to the company’s chief executive. The post Binance Anticipates Inflection Point, Launches Global Advisory Board & Partners With EazyPay appeared first on BeInCrypto.

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Binance Hires Big-Name Former Government Officials to Set Up Advisory Board

Binance, the world’s largest crypto exchange by trading volume, has rounded up prominent former government officials to act as a global board of advisers as the company negotiates the regulatory and political minefield the crypto industry finds itself in.

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‘Go to jail:’ Community roasts Celsius-themed Monopoly board game

The Celsiusopoly board game is priced at $99, with the U.S.-based e-commerce company offering free shipping to U.S. residents.

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Genesis CEO steps down as crypto broker slashes workforce

Genesis CEO Michael Moro has stepped down, with Chief Operating Officer Derar Islim elevated to interim Chief Executive Officer, the New York-based crypto broker announced on Wednesday. The company says it has commenced efforts to bring on board a full-time replacement.

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Coinbase Executives Misled Shareholders About Public Listing, New Lawsuit Alleges

A Coinbase shareholder is seeking damages from nine company executives and board members on behalf of the firm.

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Capital Markets Veteran and Fintech Pioneer Kelley Millet Formally Joins Prontoblock as CFO and Member of the Board

NEW YORK, July 15, 2022 – (ACN Newswire) – Prontoblock, today announced the appointment of Kelley Millet as the company’s Chief Financial Officer and Board Member, effective July 15,...

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SFLMaven Begins to Form an Independent Board of Directors

SFLMaven Corp. a leading provider of high-end luxury goods, recently announced its plans to begin the process of preparing the company for uplisting and acquisitions....

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Celsius Shuffles Directors as Liquidity Crisis Continues

Struggling crypto lending company Celsius has restructured its board of directors, according to recent U.K. business filings. Shakeup at Celsius Celsius is shaking up its board leadership as its liquidity...

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GameOn Appoints David Meltzer to Board of Directors

GameOn Entertainment Technologies Inc. , a leading web3 game technology company partnered with the world’s biggest IPs to launch, operate, and monetize web3-based prediction and...

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Twitter board asks shareholders to approve Elon Musk’s $44 billion bid

Twitter’s board unanimously recommends that shareholders vote for Elon Musk’s $44 billion bid to take over the social media company, a June 21 SEC filing shows. The post Twitter board asks shareholders to approve Elon Musk’s $44 billion bid appeared first on CryptoSlate.

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Celsius Lead Investor Proposes Recovery Plan for Network

One of Celsius Network’s earliest investors has proposed a recovery plan to help the beleaguered company. Details will be revealed when the board is ready The post Celsius Lead Investor Proposes Recovery Plan for Network appeared first on BeInCrypto.

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Bitcoin Superfan Jack Dorsey Bids Adios To Twitter Board  

And so, there he goes. Bitcoin “cheerleader” Jack Dorsey is out from the Twitter board. The former Twitter CEO resigned from the company’s board of directors on Thursday, effective immediately, barely weeks after having played a significant part in the company’s acquisition by Elon Musk.

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Musk manifests Twitter as Dogecoin, ELON go gaga while SHIB naps

News companies the world over are chirping as Twitter's board reportedly agreed to Tesla head and billionaire Elon Musk's $44 billion offer to take over the company. Now, setting aside the birds, how The post Musk manifests Twitter as Dogecoin, ELON go gaga while SHIB naps appeared first on AMBCrypto.

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Cardano Founder Expects Significant Improvements in Twitter Under Musk's Leadership, Here's Why

Charles Hoskinson has commented on the deal with Elon Musk approved by the Twitter board and explained it is likely to improve the company significantly

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Elon Musk buys Twitter for $44B — crypto industry reacts

The company's board of directors unanimously approved the deal on Monday but added it was still "subject to the approval of Twitter stockholders."

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Dogecoin Rallies Again After Elon Musk Joins Twitter Board

The news comes one day after the Tesla CEO disclosed his ownership of 9.2% of Twitter, making him the company’s largest individual shareholder.

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Former Obama Senior Adviser Joins Ripple’s Board Of Directors As Company Strengthens Push For Regulatory Clarity

Ripple, the blockchain tech firm best known for its XRP cryptocurrency, announced Wednesday that former senior advisor in the Obama administration Michael Warren has joined its board of directors.

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Icertis Adds Top Cybersecurity Experts to Information Security Advisory Board

Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM), today announced that Alissa Abdullah, PhD, Deputy Chief...

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Mohammad Ali Shaikh Joins BankProv and Provident Bancorp’s Board of Directors

Provident Bancorp, Inc. the holding company for BankProv , announces today Mohammad “Mo” Ali Shaikh, was appointed to the Board of Directors of both Provident...

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Serena Williams joins Sorare as Board Advisor

For many people, Serena Williams is one of the most iconic athletes of all-time. Serena is also an entrepreneur, a brand builder and an investor at the forefront of sports and technology. To the Sorare team, she is more than an icon as she joins the company as a Board Advisor.

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Kirobo Launches Liquid Vault, an On-Chain Wallet and DeFi Infrastructure

Kirobo has had an eventful year, from Brock Pierce and Scott Stornetta joining its advisory board to extending the reach of its ‘Undo Button’ for crypto transactions to Binance Smart Chain (BSC). Recently, the company announced that KIRO had been placed on the BSC and Polygon Networks.

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Dr. David Tse of Stanford becomes advisor to layer zero protocol Subspace

Subspace Labs, a distributed research and development company behind the Subspace Network, today announced the appointment of Dr. David Tse to its advisory board. Tse, who is also a distinguished professor of electrical engineering at Stanford University, brings extensive expertise as a leading researcher in the areas of blockchain scalability, security, and sustainability.

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