Chris Malone, OpenAI's head of data centers, left the company after less than two years, adding to a wave of executive departures at the AI firm. Malone's exit comes amid a reorganization of OpenAI's infrastructure team and ongoing industry-wide AI infrastructure expansion. Other senior leaders have also recently left, raising concerns about stability as OpenAI prepares for a delayed IPO now expected in 2027. The departures highlight internal changes and external scrutiny over OpenAI's valuation and profitability amid heavy investment in AI development.
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
The article provides a detailed guide on selecting the appropriate Bitcoin DeFi wallet based on different workflows like Bitcoin-native, Stacks, and EVM-compatible layers. It reviews wallets such as Xverse, Leather, MetaMask, and Ledger, highlighting...
The memecoin sector led gains last week with a 16% average return, second only to Layer 2 tokens. Bitcoin's 10% rise helped boost altcoin sentiment. SPX6900, a memecoin parody of the S&P500, soared 60% over the week, with Open Interest jumping nearly...
