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Chatgpt Maker Openai Mulling Own AI Chips, Report Unveils
9.10.2023
Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to build its own powerful processor. Openai Reportedly...
Japan's Largest Crypto Exchange Operator Monex Seals Deal with Telecoms Giant NTT Docomo
6.10.2023
Japanese mobile operator NTT Docomo said Wednesday that it formed a capital partnership with crypto exchange Monex to build new asset formation services for customers.
The capital and business alliance agreement would let both parties establish an intermediate holding company on January 4, 2024....
Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange
5.10.2023
Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.
At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...
CoinDCX exchange expands self-custody wallet to support 155 countries
5.10.2023
With Transak's integration, CoinDCX’s Okto wallet has increased the number of previously supported 60 countries to more than 155 jurisdictions
Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work
3.10.2023
Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.
Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...
Ripple Retracts Acquisition Plans for Fortress Trust
28.9.2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rally as US Government Shutdown Fears Worry Stock Markets
27.9.2023
Bitcoin rebounded strongly on Wednesday, as U.S. indices continued to fall ahead of a potential government shutdown. The U.S. government could run out of money later this week, if a deal is not reached to increase funding. Ethereum also rebounded higher in today’s session. Bitcoin Bitcoin...
Writer's Guild strike ends with tentative deal approved, AI key negotiation
27.9.2023
The Writer’s Guild strike has come to an end after five months of picketing, with a tentative deal approved for new conditions that include negotiations over AI usage
Sony Now Giving Away Free Games To Sell PS5s
25.9.2023
Almost three years into their life, the “next-gen” gaming consoles haven’t received any price drops, but that doesn’t mean Sony isn’t doing some great deals to try and get PlayStation 5s out the door in 2023. The latest discount is a free game for anyone who buys a new PS5. Read more
Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech
22.9.2023
According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest next-generation BTC mining devices. Microbt...
Hold Onto Your Butts, Microsoft's Massive Activision Blizzard Deal Is Finally Happening
22.9.2023
Twenty months after it was first announced, Microsoft’s unprecedented deal to buy Call of Duty and Candy Crush publisher Activision Blizzard for $69 billion appears to have beaten its final boss. The UK’s Competition and Markets Authority revealed on Friday that it has provisionally approved...
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
22.9.2023
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner
QVC Deal Will Let You Buy Mortal Kombat 1, Diablo IV, And Other New Games For $40
20.9.2023
Mortal Kombat 1 has only been out for a few days. Diablo IV is barely a few months old. And Pikmin 4 and The Legend of Zelda: Tears of the Kingdom are Nintendo games, so they rarely go on sale. But right now on QVC—yes, that old shopping network—you can get any of these games for $40 thanks to...
Celsius and Core Scientific Reach $45 Million Settlement Deal Following Mining Facility Dispute
15.9.2023
Digital asset miners Core Scientific and Celsius Mining have struck a $45 million deal over the Cedarvale mining site after months of litigation.
According to the court filing, both companies have resolved to settle all disputes in a deal that both companies describe as beneficial to the entire...
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
15.9.2023
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down
CoinDesk Indices Expands Into APAC Region in Deal With ICE Futures Singapore
13.9.2023
ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
11.9.2023
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges that Layerzero exploited FTX’s financial...
Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal
5.9.2023
The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities.
Per the Securities Times, via Stockstar, the two firms have sealed a “cooperation agreement” that will see them “deepen” their...
Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
1.9.2023
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
30.8.2023
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit