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The post Bitget’s OpenAI-linked token sale tops $100M before deadline appeared on BitcoinEthereumNews.com. Bitget said commitments for its OpenAI-linked preOPAI sale on IPO Prime passed $100 million before the subscription window closed on May 15 at 8:00 UTC. Summary Bitget said OpenAI-linked preOPAI commitments passed $100 million before the May 15 subscription deadline. Crypto.news earlier noted preOPAI offers OpenAI-linked exposure but does not represent direct company equity. Bitget’s own terms say OpenAI has not endorsed, approved or authorized the preOPAI product. The product gives eligible users exposure tied to OpenAI’s possible future public listing. The exchange listed preOPAI as the second project on IPO Prime. Earlier crypto.news coverage said the sale opened on May 12, with preOPAI priced at $725 per token. It also noted that the product gives OpenAI-linked exposure but does not represent direct company equity. How the preOPAI sale works Bitget’s support page says preOPAI
Read full articleThe trial's revelations could impact investor confidence and reshape perceptions of AI governance, affecting future nonprofit-to-profit transitions. The post Sam Altman testifies Elon Musk demanded 90% control of OpenAI appeared first on Crypto Briefing.
Musk accuses OpenAI of hijacking his $38M “safe, open AI” nonprofit into a closed AGI cash machine for Altman and Microsoft; a jury now weighs trust, timing and power. In his closing for Musk, attorney Steven Molo told the nine‑person…
The post Bitget Enters Mexico Market With SAT and UIF Registration appeared on BitcoinEthereumNews.com. Bitget, the world’s largest Universal Exchange (UEX) has successfully completed key registrations in Mexico to operate within the country’s current virtual asset framework. With the completion of these registrations, Bitget now looks to expand across Central and Latin America, where Mexico stands as one of the company’s most important markets. Bitget has obtained vulnerable activity registration with Mexico’s Tax Administration Service (otherwise known as SAT), and has also completed registration with the Financial Intelligence Unit (or UIF) of Mexico – together, these registrations place Bitget among the first global platforms to complete this process in Mexico, providing a strong footing in one of the region’s most active crypto markets. Mexico has become a major focus for digital asset platforms as interest in crypto continues to grow across the country. For Bitget, Mexico remains
The post Bitget Goes Legal in Mexico: Secures Critical SAT and UIF Registrations appeared on BitcoinEthereumNews.com. Bitget secures SAT and UIF registrations to legally expand crypto services in Mexico. Mexico becomes a key growth market for Bitget’s wider Latin American expansion plans. Bitget says regulatory compliance will help strengthen trust with users and institutions. Universal exchange Bitget has completed key registrations in Mexico as the company pushes deeper into the Latin American market. The exchange announced that it has secured vulnerable activity registration with Mexico’s Tax Administration Service (SAT). At the same time, it also completed registration with the country’s Financial Intelligence Unit (UIF). The approvals allow Bitget to operate within Mexico’s current virtual asset framework. According to the company, these registrations make Bitget one of the first global crypto platforms to complete the process in Mexico. Mexico Becomes Key Market for Bitget Mexico
The post Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI appeared on BitcoinEthereumNews.com. Sam Altman took the stand in a federal courtroom and told a story that reads like a Silicon Valley succession drama. During discussions about restructuring OpenAI in 2017, Elon Musk didn’t just want a seat at the table. He wanted to own the table, the chairs, and pass them down to his kids. Altman testified that Musk insisted on “total control” over a proposed for-profit subsidiary of OpenAI, going so far as to suggest that leadership of the entity should transfer to his children after his death. Altman said he found the demand uncomfortable, and more importantly, fundamentally at odds with how OpenAI was designed to operate. The founding principle that started the fight Here’s the thing about OpenAI’s origin story: it was built around the idea that artificial general intelligence, the kind of AI that could match or exceed human-level reasoning,
The lawsuit could set a precedent for AI liability, impacting regulatory frameworks and increasing compliance costs for AI and crypto projects. The post OpenAI sued over ChatGPT’s alleged role in teen’s fatal overdose appeared first on Crypto Briefing.
XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March. Catalysts include potential DTCC integration and Bitcoin rally. The technical picture highlights resistance at $0.040. XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the token’s value to its highest level […] The post XDC Network price outlook: Can bulls go higher as $0.037 breaks? appeared first on CoinJournal.
Altman's testimony highlights the tension between collaborative AI development and individual control, impacting future AI governance debates. The post Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI appeared first on Crypto Briefing.
