Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Open AI Sam Altman Steps Back in as CEO, Refreshes Board Composition

Open AI Sam Altman Steps Back in as CEO, Refreshes Board Composition

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Open AI has confirmed an initial agreement for Sam Altman, Open AI Sam Altman, to reprise his role as CEO, introducing a reshuffled board featuring Bret Taylor as chairman, Larry Summers, and Adam D’Angelo. Altman’s return comes on the heels of Microsoft CEO, Satya Nadella, securing his skills to head a new AI research group. Both Open AI and Altman are reportedly in ongoing discussions to settle the specifics of his comeback.

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Grayscale Bitcoin Trust: Journey Towards Transformation Into a Spot Bitcoin ETF

Grayscale Bitcoin Trust: Journey Towards Transformation Into a Spot Bitcoin ETF

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In a recent meeting with the SEC, Grayscale executives discussed a potential rule change to transform the Grayscale Bitcoin Trust into a spot Bitcoin ETF. Grayscale’s partnership with BNY Mellon, aimed at assisting with share issuance and account management, was also disclosed. However, this does not guarantee immediate transformation of GBTC. The proposal, now termed ‘uplisting’, could see Grayscale controlling $20 billion in assets, thus dominating the ETF landscape. Despite competition from g

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Crypto Enthusiasts Respond to SEC Chairman's Debatable Remarks

Crypto Enthusiasts Respond to SEC Chairman’s Debatable Remarks

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The crypto world has been set ablaze following a recent speech by SEC Chairman, Gary Gensler, at the 2023 Securities Enforcement Forum. His assertion that the SEC should act as ‘allies of honest businesses and persecutors of deceit’ has sparked a wave of reactions from numerous crypto community members. Ripple’s top legal executive, Stuart Alderoty, accused Gensler of bias against cryptocurrencies and claimed that the SEC has wrongly initiated lawsuits against specific crypto organizations witho

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Institutional Crypto Trading Transformed: Key Collaboration between OKX, Komainu, and CoinShares

Institutional Crypto Trading Transformed: Key Collaboration between OKX, Komainu, and CoinShares

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To accelerate the institutional adoption of cryptocurrencies, crypto exchange OKX has strategically allied with Komainu, a custody service, and CoinShares, an investment manager. This partnership enables round-the-clock trading of separate assets, underpinned by robust security protocols and minimized counterparty risks.

As announced on November 15, CoinShares can now trade on the OKX platform with Komainu safeguarding the collateral assets. This arrangement not only heightens the appea

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Differing Opinions on Bitcoin's Future Amid Expectations of ETF Authorization

Differing Opinions on Bitcoin’s Future Amid Expectations of Bitcoin ETF Authorization

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The crypto community eagerly awaits the US approval of Spot Bitcoin ETFs, anticipating it could launch a bullish Bitcoin surge. However, noted economist Peter Schiff counters this optimism, projecting a Bitcoin crash ahead of the SEC’s approval of spot Bitcoin ETFs. He recently used a social media survey to predict when the next Bitcoin downturn might occur. Despite most of his followers thinking the crash will happen post-ETF approval, Schiff asserts it will take place beforehand.

Sch

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