Search Results for: General

Silvergate Bank Hires Aave General Counsel Rebecca Rettig as Board of Director

Rebecca Rettig, a general counsel for Aave Companies, the team behind decentralized finance (DeFi) platform Aave, is assuming a new role at Silvergate bank, a leading bank for innovative businesses in fintech and cryptocurrency. Silvergate Capital Corporation announced Wednesday the appointment of Rebecca Rettig to the board of directors for both Silvergate Bank and its … Continue reading Silvergate Bank Hires Aave General Counsel Rebecca Rettig as Board of Director

Ex-Polychain Capital General Partner Launches $125M Crypto Venture Fund

Tekin Salimi, a former general partner of crypto venture giant Polychain Capital, announced on Wednesday that he has launched a $125 million fund called dao5 to help provide blockchain startups with early-stage funding. The fund will invest in seed and pre-seed stage firms and projects across various verticals in the crypto industry, including the so-called … Continue reading Ex-Polychain Capital General Partner Launches $125M Crypto Venture Fund

DeFi TVL Drops below $200Bn, Reflecting General Bearish Market Slump

The Total Value Locked (TVL) in Decentralized Finance (DeFi) platforms has slumped below $200 billion, down from the $230 billion towards the end of April.  While the hit of the DeFi ecosystem has been facing models a related trend in the broader digital currency ecosystem, the DeFi slump notably lends more insight as a gauge … Continue reading DeFi TVL Drops below $200Bn, Reflecting General Bearish Market Slump

Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence

Block Inc’s Cash App recorded a total Bitcoin (BTC) sale of $1.73 billion in the first quarter of 2022, a figure that plunged by over 51% from the prior quarter. Cash App comes off as one of the most dominant channels to buy and transact in Bitcoin, cementing its role as one of the pioneers … Continue reading Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence

Binance Taps Former Deputy US Attorney as its First Deputy General Counsel

Binance exchange has announced the appointment of Joshua Eaton as its Deputy General Counsel. The trading platform said Eaton is well-experienced he has served as a former Deputy U.S. Attorney in the Northern District of California and the US Army for over 20 years. With his active service under his belt, Eaton has worked with the DOJ, providing … Continue reading Binance Taps Former Deputy US Attorney as its First Deputy General Counsel

TRM Labs Hires Ex-Deputy US Attorney as General Counsel

TRM Labs announced on Monday the appointment of former Associate Deputy Attorney General at the US Department of Justice (DOJ) and the chairman of the task force that authored the 2020 DOJ Cryptocurrency Enforcement Framework as the company’s General Counsel. Sujit Raman will be responsible for managing the blockchain intelligence company’s legal affairs, leading the … Continue reading TRM Labs Hires Ex-Deputy US Attorney as General Counsel

Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

General Bytes, the world’s top three manufactuer of cryptocurrency ATMs, has confirmed that its ATMs have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers. General Bytes operates over 8,000 Bitcoin ATMs in more than 120 countries and regions to allow people to buy or sell over 40 different cryptocurrencies. The company … Continue reading Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

New York Attorney General Letitia James Sues CoinEx

CoinEx, a cryptocurrency exchange, has been served with a lawsuit by New York’s Attorney General Letitia James, who contends that the company falsely represented itself as an exchange by failing to register as a securities and commodities broker-dealer in the state. James’s allegations can be found in the lawsuit. James submitted a petition to the … Continue reading New York Attorney General Letitia James Sues CoinEx

New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally

New York Attorney General Letitia James has successfully recovered over $1.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating without the necessary registration as a securities and commodities broker-dealer and falsely representing itself as a crypto exchange. The resolution of the lawsuit requires CoinEx to refund … Continue reading New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally

HuggingGPT: Bridging AI Models for Advanced General Intelligence

The quest for artificial general intelligence (AGI) has taken a significant stride forward with the introduction of HuggingGPT, a system designed to leverage large language models (LLMs) such as ChatGPT to manage and utilize various AI models from machine learning communities like Hugging Face. This innovative approach paves the way for more sophisticated AI tasks … Continue reading HuggingGPT: Bridging AI Models for Advanced General Intelligence

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