News list for " technology officer"
According to Cointelegraph, SafeMoon CTO Thomas Smith pleaded guilty in federal court in Brooklyn to one count of cryptocurrency fraud. Smith pleaded guilty to two counts of securities fraud conspiracy and wire fraud conspiracy, which carry a maximum sentence of 25 and 20 years, respectively. The Department of Justice and the Securities and Exchange Commission have charged Smith with participating in fraud along with SafeMoon CEO Braden John Karony and founder Kyle Nagy. Prosecutors say the thre...
Former Coinbase CTO Balaji said that as the traditional IPO and merger and acquisition (M & A) path is blocked, security token offerings (STOs) on the blockchain may become a new window for technology companies to raise funds. He pointed out that the SEC's regulatory rules make it difficult for small companies to IPO, and the recent US FTC's (FTC) tough stance on large-scale mergers and acquisitions has further restricted...
Mira Murati, the former chief technology officer of OpenAI, established the new company.
Georgios Konstantopoulos, chief technology officer at Paradigm, tweeted: "Rethv1.2 has been released, Pectra is ready and L1 is up to 50 per cent better, with a default Gas limit of 36M. This release is a breakthrough and marks the start of a new high-efficiency consensus engine with previously unachievable optimizations."
Ripple CTO David Schwartz updated that it is still uncertain whether the network problem will be resolved or self-healing. According to the previous XRPL browser page, network activity froze at block height 93927174 for 64 minutes, and then restarted at 10:58 am UTC on February 4. David Schwartz added that four things can happen if a node knows that it cannot reach a consensus with other nodes on the state of the network: 1. Nodes find one they won't arrive in advance...
Former Coinbase Chief Technology Officer Balaji Srinivasan wrote that more than 90% of Trump's net worth of about $59 billion has now been converted to crypto assets, which may have a significant impact: The share of Trump's cryptoassets has jumped from 1% to 90%, similar to the wealth accumulation path of early bitcoin and Ethereum holders. 2) This phenomenon of rapid depreciation of non-crypto assets may occur globally in the future. 3) If the value of the TRUMP token holds...
Balaji Srinivasan, the former chief technology officer of Coinbase, said on social media that meme is a zero-sum lottery that does not create wealth. Every buy is just matched with a sell order. After an initial surge, the price eventually plummets and the last buyer loses everything. If you consider the platform's cut, meme is actually a negative sum.
Former Coinbase CTO Balaji Srinivasan wrote on the X platform that Meme is a zero-sum lottery. It does not create wealth. Every buy order is simply matched with a sell order. After an initial surge, the price eventually plummets, and the last investor to buy will lose everything....
The Ripple CTO has alerted the community to new emails used by scammers. The scam involves impersonating Coinbase USA to gain access to users' accounts. Schwartz shared an image of a scam email from a sender claiming to be a representative of Coinbase. The scammers are trying to grab users' attention by informing them that their account info needs to be reviewed to ensure smoother transactions with the exchange. Meanwhile, some investors confirmed receipt of the email. One user claimed that his ...
Former a16z partner and Coinbase CTO Balaji Srinivasan wrote on the X platform that cryptocurrencies represent international capitalism, and both BTC and artificial intelligence have now entered the vertical stage of the adoption curve. He shared the performance results chart of OpenAI's large-scale language model and the net asset management size of the US spot Bitcoin ETF, and pointed out that in terms of large-scale adoption trajectory, Bitcoin may grow faster than the Internet.
On December 25th, former Coinbase Chief Technology Officer Balaji published an article saying that in the future, smart cars, smart watches and smart homes will be widely used. Each object can not only communicate with people, but also communicate with each other, record conversations and coordinate tasks for its owner who holds the private key. He called this trend "AIoT". In response, Vitalik Buterin responded that ensuring that the ownership of the device belongs to the private key holder is ...
Ripple CTO David Schwartz said he still hopes to launch his stablecoin RLUSD before the end of the year. But the upcoming holiday season could delay the launch.
David Schwartz, chief technology officer of Ripple, recently joined the list of tech founders opposing Operation Chokepoint 2.0, a government-run campaign to de-bank the crypto industry. Mr. Schwartz said the government was "obsessed with indirect regulation" and listed four reasons why de-banking undermines the rule of law. Schwartz believes that de-banked entities will switch service providers or move money underground - thus evading surveillance and sanctions controls entirely. The CTO also s...
Ripple's chief technology officer, David Schwartz, took to social media to dismiss the lawsuit against Character.AI, saying it lacks merit and emphasising that the company's actions are protected by the First Amendment. The lawsuit alleges that Character.AI chatbot platform is poorly designed and poses security risks, and calls its products "extremely dangerous". In response, Character.AI has taken steps to update security protocols, add age restrictions and user monitoring features. Schwartz be...
Former OpenAI Chief Technology Officer (CTO) Murati raises funds for AI startups.
