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Nalezeno "IC firm": 3579

FTX Sues SBF, Former Execs to Recover Over $1 Billion


Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...

Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital


RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital. In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment


Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...

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