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Tag: Delaware

Terraform Labs Declares Bankruptcy in Delaware

The embattled cryptocurrency firm behind the failed stablecoin TerraUSD declared in the filing it has between $100 to $500 million in estimated assets and...

Terraform Labs Files for Chapter 11 Bankruptcy in the US – Unchained

The company behind the collapsed TerraUSD (UST) stablecoin has filed for bankruptcy protection in the US, listing both its assets and liabilities in...

BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle

NEW YORK–(BUSINESS WIRE)–The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and...

FTX Debtors’ Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse

The aftermath of the FTX collapse continues to unfold with significant developments in the cryptocurrency world. In a notable move, FTX debtors have filed...

Ault Alliance Subsidiary Files Lawsuit Against Singing Machine CEO Gary Atkinson and Other Directors Who Approved Highly Dilutive Related Party Stock Sale

Complaint Alleges Director Defendants Breached Fiduciary Duties by Approving Stock Sale to Affiliates of Directors Jay Foreman and Mathieu Peloquin at an Inadequate Price...

FTX Debt Resolution Users’ Compensation Plan Revealed in Bankruptcy Update

In a recent development concerning the defunct cryptocurrency exchange FTX, debtors have announced a significant breakthrough in the form of a global settlement...

Virginia Tech Study Reveals Geographic Biases in ChatGPT’s Environmental Justice Information

A recent study by researchers at Virginia Tech has brought to light potential geographic biases in ChatGPT, an advanced artificial intelligence (AI) tool. The...

Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings (Nasdaq: GREE)

Infinite Reality plans to go public in early 2024 via Newbury Street Acquisition Corporation (Nasdaq: NBST) NORWALK, Conn.–(BUSINESS WIRE)–Infinite Reality, Inc. (“iR” or the “Company”),...

Atlendis Labs and Cicada Partners Open First Private Asset-Backed Line of Credit to Fluna

PARIS & BOSTON–(BUSINESS WIRE)–#ABL—Atlendis Labs and Cicada Partners announced the launch of Asset-Backed Lines of Credit (ABLOC) to Fluna, a U.S.-based Trade Finance-focused Fintech....

Bittrex Global Shuts Down: Cryptocurrency Exchange Ceases Operations Worldwide

Advertisement &nbsp &nbsp On November 20, the cryptocurrency exchange Bittrex Global, based in Liechtenstein, abruptly announced that it would cease all its operations worldwide...

Regulatory and Legislative Update – November 2023

Regulatory and Legislative Update – November 2023December 8, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALFATFThe Financial Action Task Force (FATF) is a global money...

Defunct FTX and Alameda Research Transfer $22M Worth of Crypto

Exchange News John J. Ray III has been trying to recoup assets since the collapse in 2022. The sale’s earnings will...

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