Tag: defunct
Sam Bankman-Fried Signs Deal with Disgruntled FTX Investors, Will Aid Their Pursuit Of Celebrity Endorsers
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Imprisoned Sam Bankman-Fried has signed an agreement with some FTX investors who...
Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors
Industry News
The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins.
Genesis settled with the SEC for $21 million recently for its Gemini...
Quadrigacx Co-Founder Compelled to Account for 45-Bar Gold Stash
Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must...
Justice Department Charges KuCoin And Two Founders With ‘Multi-Billion Dollar Criminal Conspiracy’
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KuCoin, one of the world’s largest crypto exchanges, and two of its...
Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto...
FTX to Sell $1 Billion Stake in Anthropic Amid Bankruptcy Settlement
Exchange News
Anthropic is in the process of evaluating potential investors to buy the stake.
Saudi Arabia has been excluded from the race due to national...
Kyle Davies Says He Is Unapologetic About the Collapse of Three Arrows Capital (3AC)
Kyle Davies, the co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), says he is not sorry that his company collapsed in...
Authors file copyright lawsuit to torpedo Nvidia’s NeMo
Nvidia is the latest tech giant to face allegations that it used copyrighted works to train AI models without obtaining the permission of the...
Circle Launches Cross-Chain Transfer Protocol (CCTP) To Enhance Stablecoin Liquidity On Solana
Stablecoin issuer Circle is introducing its Cross-Chain Transfer Protocol (CCTP) to enhance stablecoin liquidity on Solana.
Solana’s top executive highlights CCTP’s potential to streamline stablecoin...
Meta Updates Quest Link with 120Hz on Quest 3 and Big Battery Savings for All
Meta announced it’s overhauled its aging PC software with a few new features, which should make using Quest for PC VR gameplay a little...
Shuttered Crypto Exchange ShapeShift Settles Illegal Securities Charges With SEC – Decrypt
Cryptocurrency platform ShapeShift—which wound down operations in 2021—has agreed to a cease-and-desist order and a $275,000 fine to settle allegations from the U.S. Securities...
Price Analysis: Solana (SOL) Price Surged More Than 30%
On March 1, the price of Solana’s native token, SOL, surged to its highest point in 23 months and is now trading at $129.68,...