1 / 1 Relevant items tagged with #Nonprofit

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Musk again asks to block OpenAI’s ‘illegal’ conversion to for-profit model

[Dec 2 2:27 AM] Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market.

Consensys decentralizes Linea with new Swiss nonprofit association

[Nov 13 8:30 AM] The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization.

OpenAI in talks with regulators to become a for-profit company: Report

[Nov 5 6:00 AM] The $157 billion artificial intelligence giant wants to retain a nonprofit arm to pursue its mission of benevolent AI development. 

OpenAI’s move to for-profit: Is it indeed ‘illegal’?

[Sep 27 1:19 PM] OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

FATF Urges India to Strengthen Virtual Asset Regulation

[Sep 21 1:30 AM] India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised…

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

[Sep 20 4:05 PM] The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M)…

Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers

[Aug 16 5:41 PM] ₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort.1/ Announcing the ₿trust Q3…

Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit ₿trust Appoints Bitcoin Core Developer As Interim CEO

[Aug 8 7:13 PM] ₿trust, a non-profit focused on training and funding developers from The Global South for Bitcoin open-source development, recently announced Bitcoin Core contributor and one of its board members, Abubakar Nur Khalil, as Interim CEO.1/ Exciting…

University of Wyoming launches Bitcoin Research Institute

[Jul 29 1:08 AM] The Bitcoin Research Institute will open in August as part of the University of Wyoming’s College of Arts and Sciences.

Bitcoin Education Can Change The World

[Jun 18 10:30 AM] Company Name: Mi Primer BitcoinFounder: John Dennehy Date Founded: August 2021Location of Headquarters: El SalvadorAmount of Bitcoin Held in Treasury: Approximately 0.5 BTCNumber of Employees: 21Website: https://miprimerbitcoin.io/Public or…

Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers

[May 19, 2023 4:00 PM] Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged…

‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment

[May 16, 2023 11:32 PM] OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then became a for-profit company back in 2019.

Bitcoin Focused Non-Profit OpenSats Receives $10 Million From Jack Dorsey’s #Startsmall Initiative

[May 4, 2023 11:20 AM] The funding will aid OpenSats in its mission of supporting open-source development focused on Bitcoin, Nostr and related tech.OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing…

UK Charities Offered Guidance for Accepting Crypto Donations

[Apr 27, 2023 2:16 AM] Nonprofits need to weigh up the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

[Apr 16, 2023 1:30 PM] During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview…

Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy

[Jan 24, 2023 9:30 AM] A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same…