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Nalezeno "AI company": 3713

Former Warner Music CEO Joins Web3 Company OneOf’s Board

15.2.2023
Stephen Cooper, who also ran entertainment giant Metro-Golwyn-Mayer, will bring decades of experience in music, TV and film to OneOf’s Web3 strategy

Gaming Company Square Enix Partners With Polygon for NFT Art Project

15.2.2023
The publisher behind the Final Fantasy video games is continuing its push into Web3 gaming through a new NFT project called Symbiogenesis

FTX Cracks Down on Company Insiders: Subpoenas Issued to Sam Bankman-Fried, Caroline Ellison and Others – What's Going On?

15.2.2023
Insiders at the now-bankrupt crypto exchange FTX have been issued subpoenas to produce specific documents within the next day, court filings have revealed. The requested documents include information about Binance’s takeover offer for FTX, an offer that Binance eventually withdrew. Other...

Sam Bankman-Fried, Caroline Ellison, and Other Company Insiders Subpoenaed by FTX for Documents

15.2.2023
The Subpoenas come after a U.S. judge overseeing bankruptcy proceedings gave a green light to FTX's Official Committee of Unsecured Creditors and its leadership to serve the insiders

UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries

15.2.2023
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its crypto card services to APAC and U.K. markets. Wirex...

Meta Reportedly Preparing for a New Round of Layoffs

14.2.2023
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, causing operational delays and affecting the output...

Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring

14.2.2023

Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

14.2.2023
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest...

Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App

13.2.2023
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on March 16, 2023, and app users will continue to have access to all of their assets....

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...

Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

13.2.2023
Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of...

US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles

13.2.2023
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S....

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

11.2.2023
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put...

Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases

11.2.2023
Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than...

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

11.2.2023
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...

Major Crypto ATM Operator Coin Cloud Files for Bankruptcy

9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...