The Daily LEO #388 - OpenAI Brings Back Sam Altman as CEO and Binance $4.3B settlement with US DOJ
Welcome to another edition of Daily Leo! We pick the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO
US Mortgage Rates Slide Sharply US mortgage rates dropped sharply and it's one of the biggest drops in 4 weeks. This results in an increase in more applications to purchase homes The contract rate on a 30-year fixed mortgage tumbled 20 basis points to 7.41% last week. Read more about it here
ChatGPT Maker OpenAI Brings Back Sam Altman as CEO
Sam Altman has been in the news as he was dismissed by the board and he was also hired by Microsoft company. Now there is an update that Sam Altman will return as its CEO with a restructured board. Read more about this update here
US officials announce $4.3B settlement with Binance We have been hearing about the case between Binance CEO and United States Department of Justice and finally the US officials announced about the $4.3B settlement with CZ. This is the world's biggest settlement amount and with this, CZ has also stepped down from the Binance exchange. Read more
Justin Sun Confirms HTX, Heco Chain Exploited Crypto exchange HTX (formerly known as Huobi) and Heco Chain has been exploited and tokens worth $97 million are stolen. This has been confirmed by Justin Sun and he also shared that HTX will compensate the losses. Withdrawals and deposits are paused temporarily and the remaining funds are safe. Read more about this news update here
JPMorgan says Binance settlement 'positive' as it eliminates potential systemic risk
JPMorgan is a leading international bank and this bank sees settlement with Binance and U.S. agencies as a positive move. It expects that potential systemic risk is now eliminated for crypto exchanges and the industry. Read more about it here
Earn evergreen rewards on Inleo InLeo has been doing great in web3 space and now they are coming evergreen rewards. This is an interesting initiative and it's worth reading more about it. Check this post for more details about it
LeoFinance is a blockchain-based social media platform for Crypto and finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Subscribe to The Daily Leo and start being up to date with the crypto & finance world!
This edition of The Daily Leo was published by @reeta0119 on InLeo, read the original article here
Posted Using InLeo Alpha