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Tether Co-Founder’s Stablecoin USST Loses Its Value Shortly After Launch

Tether Co-Founder’s Stablecoin USST Loses Its Value Shortly After Launch

STBL Protocol’s new stablecoin has already dipped below its $1 target shortly after launching, indicating some liquidity issues. On Friday, October 10th, the stablecoin USST was introduced by STBL, a platform co-founded by one of Tether’s original creators. Within hours of its arrival on Curve, USST fell to $0.96, which raised eyebrows regarding its reliability. […]

Gemini co-founders highlight a new era of creativity due to Trump’s supportive stance on cryptocurrency.

Gemini co-founders highlight a new era of creativity due to Trump's supportive stance on cryptocurrency.

Winklevoss Brothers Discuss Cryptocurrency and Bitcoin’s Future Tyler and Cameron Winklevoss, co-founders of Gemini, are optimistic about the cryptocurrency landscape, particularly Bitcoin, and they credit President Trump for helping advance this field. In a recent appearance on “Claman Countdown,” the Winklevoss twins highlighted the significance of Gemini’s entry into the Nasdaq and their current $3 […]

Co-Founder’s Plan for a Bunker in Case of AGI Catastrophe Disclosed

OpenAI’s Ilya Sutskever Suggests Building a Bunker for Researchers Ilya Sutskever, a co-founder of OpenAI, once proposed constructing a bunker intended to safeguard the company’s leading researchers in case of a catastrophic event, described as “Rapture,” stemming from the emergence of artificial intelligence (AI). This intriguing detail emerges from Karen Hao’s forthcoming book, The Empire […]

Target co-founder’s daughters ‘shocked and dismayed’ over DEI decision

Two daughters of men who helped build targets for the national retail powerhouse criticize the company's decision to abolish its diversity, equity and inclusion (DEI) policies after President Donald Trump's election did. Anne and Lucy Dayton have expanded their family-run Minneapolis-based department store with their father Bruce Dayton and his four brothers, turning it into […]

Ben & Jerry's co-founders unveil Kamala Harris ice cream flavor

Ben & Jerry's co-founders Ben Cohen and Jerry Greenfield have unveiled a new ice cream flavor, “Kamala's Coconut Jubilee,” as part of a get-out-the-vote effort to elect Vice President Harris and other lower-ranking Democrats in November. Cohen and Greenfield will be taking part in progressive group MoveOn Political Action's “Scoop the Boat” ice cream truck […]

OpenAI co-founder’s new safety-focused AI startup raises $1B

Safe Superintelligence (SSI), a new firm co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in funding to help develop safe artificial intelligence systems that can far exceed human capabilities, a company executive told Reuters. SSI, which currently has 10 employees, plans to use the funding to acquire computing power and hire […]