OpenAI announces the release of its first open-source AI model, GTP-OSS

OpenAI announces the release of its first open-source AI model, GTP-OSS

OpenAI has announced the release of its first open-source AI model since 2019, marking the end of years of delay and speculation. The company released gpt-oss-120b and gpt-oss-20b on Tuesday, allowing users to download the two customisable large language models that don’t require a license fee or API gate. Both models are text-only, appearing to…

Nigeria Announces It Is ‘Open For Stablecoin Business’

Nigeria Announces It Is ‘Open For Stablecoin Business’

Following the successful passage of the GENIUS Act in the US, Nigerian authorities highlighted that their country is “open for stablecoin business.” An official at Onchain Foundation emphasized that Nigeria is already a big player in the crypto space, especially in the stablecoin market segment. After their controversy involving Binance, Nigerian authorities are about to…

Confidential Smart Contracts And Data Privacy

Confidential Smart Contracts And Data Privacy

Phala.Network (PHA) is a cryptocurrency of the Phala Network, a privacy-focused blockchain platform that emphasizes confidential smart contracts and data privacy. Phala Network Phala Network is built to enable developers to build privacy-preserving decentralized applications (dApps) and to ensure data security and privacy within blockchain transactions. Phala Network specializes in confidential smart…

Bybit's Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote

Bybit’s Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote

Advertisment DUBAI, UAE, Aug. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled its bold roadmap for the future of crypto, setting the tone for a new era of innovation, security, and trading excellence. In the highly anticipated “Keynote with Ben: Reshaping What’s Next, Bit by Bit,” CEO and…

US Government taps OpenAI's ChatGPT for Use Across All Agencies

US Government taps OpenAI’s ChatGPT for Use Across All Agencies

US President Donald Trump’s administration has signed a deal with OpenAI to provide the enterprise-level version of the ChatGPT platform to all federal agencies in an effort to “modernize” operations. Under the deal, all US government agencies will have access to the AI platform for $1 per agency to facilitate integration of AI into workflow…

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

NEW YORK — Tornado Cash developer Roman Storm has been found guilty of conspiring to operate an unlicensed money transmitting business, a Manhattan jury decided Wednesday. The jury was unable to reach a unanimous verdict on the remaining charges, conspiracy to commit money laundering and conspiracy to violate international sanctions, despite four days of deliberations after…

United States spot ETFs experience mixed fortunes

United States spot ETFs experience mixed fortunes

The United States spot exchange-traded funds (ETFs) have continued to record mixed fortunes, with Bitcoin ETFS seeing continued outflows for the fourth consecutive day, losing $196 million on August 5. On the other hand, Ethereum ETFs saw $73.22 million net inflows, decoupling from the Bitcoin-linked sentiments. Ethereum ETFs were largely influenced by United States firm…

UK’s FCA Lifts Retail Ban On Crypto ETNs

UK’s FCA Lifts Retail Ban On Crypto ETNs

The UK’s FCA announced that retail investors will have access to crypto ETNs starting October 8. The move aims to give customers more choices when diversifying their investment portfolios. The retail ban on crypto derivatives still applies. The UK’s Financial Conduct Authority (FCA), recognizing the changing landscape of the cryptocurrency market and demand for investment…