It's increasingly likely that OpenAI is about to change its complex corporate structure. Earlier this week, it was reported that the company was in talks to raise $6.5 billion at a pre-money valuation of $150 billion. Now, according to Reuters, the deal depends on whether OpenAI can restructure and remove profit caps for investors. According to Fortune, co-founder and CEO Sam Altman told employees in a company-wide meeting that OpenAI's structure is likely to change next year to make it closer to a traditional for-profit business. OpenAI's current structure is that its for-profit arm is controlled by a nonprofit organization, which seems to have disappointed investors. "We remain focused on building artificial intelligence that benefits everyone, and as we have said before, we are working with the board to ensure that we can best accomplish our mission," OpenAI said in a statement. The nonprofit organization is core to our mission and will continue to exist." (TechCrunch)

According to Odaily, monitoring by HODL15Capital reveals that 4.33 million BTC have remained unmoved for over seven years, while 10.6 million BTC have not been transferred for more than two years.

Top global crypto exchange Binance is planning on launching trading support for the new cat-themed native token of a gaming bot built on the Telegram mini-app platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 59th project will be Catizen (CATI), a cat-themed social entertainment experience on Telegram. Explains the […] source: https://dailyhodl.com/2024/09/14/binance-launchpool-to-roll-out-support-for-new-native-token-of-telegram-mini-app-gaming-bot/

According to HODL15Capital monitoring, 4.33 million BTC have not been transferred for more than 7 years, and 10.6 million BTC have not been transferred for more than 2 years.

Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the “potential payout.” source: https://cointelegraph.com/magazine/spot-bitcoin-etfs-hackers-risk-caroline-ellison-ftx-prison-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On Sep 14, 2024, 22:34 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 60,000 USDT benchmark and is now trading at 60,021.988281 USDT, with a narrowed narrowed 0.65% decrease in 24 hours.

Popular media personality Raoul Pal believes investors should avoid "old" coins like Ripple's XRP and Cardano (ADA). source: https://zycrypto.com/cult-of-irrelevant-tokens-raoul-pals-scathing-critique-of-xrp-and-cardano-holders/

In a recent interview with Kitco News, Peter Schiff, the chairman of SchiffGold and founder of Euro Pacific Asset Management, made bold predictions about the future of the U.S. economy. Schiff argued that the Federal Reserve’s upcoming actions will lead to severe consequences for the U.S. dollar and global financial markets. He suggested that the […] source: https://www.cryptoglobe.com/latest/2024/09/gold-to-hit-10000-peter-schiff-warns-of-u-s-dollar-collapse-and-runaway-inflation/

Big Four accounting firm Deloitte says the net worth of mega-rich families is expected to explode by trillions of dollars in the coming years. In its Private’s Family Office Insight Series, Deloitte projects ultra-rich families who manage their wealth through private offices will grow their fortunes from $5.5 trillion today to $9.5 trillion in 2030. […] source: https://dailyhodl.com/2024/09/13/wealth-of-ultra-rich-families-expected-to-nearly-triple-to-9500000000000-in-roughly-a-decade-according-to-deloitte-study/