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Nalezeno "sequoia": 78

Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors


Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being...

Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT


On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment. The post Elon Musk’s...

Binance Backed Crypto Wallet Firm Web3Auth, and Safe Launch SafeAuth


Source: PexelsWeb3Auth, a wallet-as-a-service infrastructure provider has teamed up with the smart contract-based multi-signature crypto wallet provider Safe (formerly known as Gnosis Safe) to launch “SafeAuth” a service which allows users to create wallets quickly without the need for seed...

Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives


Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...

Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies


Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week’s EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the coin in its offering. Litecoin was another token...

FTX Investment Was Correct Decision, Claims Sequoia Partner Alfred Lin


Following the sudden crash of FTX exchange, many firms tied to the platform also suffered, and many more who had invested in the platform concluded that their investments were the wrong move.  However, American venture capitalist, Alfred Lin, who is also a partner at Sequoia Capital, has stood...

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