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Amazon Meets its $4bn Funding into Anthropic

Amazon makes an additional $2.75 billion investment into Anthropic, further strengthening its ties with the AI firm in a race for dominance in the...

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My Two Cents On PayTM Kerfuffle

PayTM is the first digital payment product I've used at scale in India. When RBI enforced the two factor authentication mandate for online payments, bill...

Kili Technology Launches davinci Patent AI Copilot Which Helps Attorneys Draft Better Patents & Office Action Answers in Half the Time

French American AI Automation Company Aims to Revolutionize Intellectual Property Law With This Highly Secure and Performant Technology Solution NEW YORK–(BUSINESS WIRE)–#davinci–Today, successful startup Kili...

FTX’s $1 Billion Sell-Off Prompts Outflows from GBTC

Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of...

Appeals Court Orders Appointment of Examiner for FTX

The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by...

Celsius Network Obtains Approval for Restructuring

Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets...

Spinning a sustainable fashion revolution: meet the physicists turning wood into clothes – Physics World

Janne Poranen is co-founder and executive chair of Finnish start-up Spinnova, who spin wood pulp into sustainable fibre for clothes. He...

Former Celsius Executive Pleads Guilty to Criminal Charges: Report

Crypto lender Celsius’ former chief revenue officer Roni Cohen-Pavon has pleaded guilty to US criminal charges. ( Tingey Injury...

Former Celsius CEO Alex Mashinsky’s Assets Frozen in DOJ Case

Celsius co-founder Alex Mashinsky’s residential home and bank accounts have been frozen as part of a restraining order in the DOJ’s case against...

CFTC Reports Insolvent Celsius and Former CEO of Violating U.S. Rules

Updated July 7, 2023, 08:44 AM Editors News The CFTC may initiate...

CFTC Concludes Former Celsius CEO Mashinsky Broke Rules Before Firm’s Collapse: Report

If the majority of CFTC commissioners agree with the investigation’s conclusion, the regulator could file a case against Celsius in federal court before...

Bankruptcy of FTX Incurs Over $200 Million in Legal Fees

An independent auditor has examined the legal fees incurred during the initial months of FTX's bankruptcy, revealing a staggering amount exceeding $200 million. The...

Request for FTX Independent Examiner Goes to Court of Appeals

The government is pushing for an independent inquiry into FTX despite its estimated $100 million cost to the bankruptcy estate. ...

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