Tag: reorganization
Rakuten to Consolidate Fintech Units, Enhancing Customer Acquisition
The
Japanese Financial conglomerate Rakuten announced on Monday its strategic plan
to consolidate its fintech operations into a single, cohesive unit. The move enhances
synergy and streamlines...
Breaking News
Quantum News Briefs: February 14, 2024: Quantum Machines Products Now Available Through Oxford Instruments NanoScience for Streamlined Purchasing; PASQAL Announces New Chairman, Deputy CEO...
By Kenna Hughes-Castleberry posted 14 Feb 2024
Quantum News Briefs: February 14, 2024:
Quantum Machines Products Now Available Through...
US Judge Approves Sealed Settlement Between BlockFi and 3AC – Unchained
A U.S. bankruptcy judge approved a settlement resolving disputes between BlockFi and 3AC, ruling that the details should remain sealed because it would...
HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown
Prosecutors in South Korea have reportedly arrested three top executives of HaruInvest, a crypto deposit platform, for allegedly defrauding customers and embezzling over 1...
FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings
FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from...
Celsius Begins Asset Distributions To Customers As Court Approves FTX’s Repayment Plan – The Defiant
FTX’s creditor repayment plan was approved on the same day that Celsius began distributing assets to its former users.Celsius and FTX, two of the...
Celsius Starts Distributing Over $3 Billion in Crypto and Fiat to Creditors – Unchained
Crypto lender Celsius announced that it has emerged from bankruptcy and has started distributing more than $3 billion worth of crypto and fiat...
ISX Financial’s Q4 Revenue Hits €10.5 Million: A 35% Growth
ISX
Financial EU Plc (ISX Plc) has unveiled its fourth-quarter results for the
fiscal year 2023, marking a stride in its performance within the 'Bank Tech'
sector....
Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position
The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors
AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific,...
These Bitcoin L2 Solutions Could Drive Institutional Adoption: Report
Institutional adoption of the Bitcoin network has been hindered by several challenges, including technical scalability, programmability, and cultural alignment within its developer community.
However,...
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...