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Nalezeno "AI firm": 3573

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions

7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...

Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet

6.1.2023
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore judge said that’s not okay

Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

6.1.2023
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm...

Crypto Infrastructure Firm Securrency Hires State Street's Nadine Chakar as CEO

5.1.2023
Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street's head of digital Nadine Chakar as its new CEO

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...

Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations

5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...

Crypto firm Juno urges users to withdraw after 'uncertainty' with custody partner

5.1.2023
Juno recommended users pull their funds from the platform amid "uncertainty" over the fate of its crypto custody provider Wyre

Fanatics Selling Its 60% Stake in Sports NFT Firm Candy Digital: Report

4.1.2023
The sports merchandiser is selling its interest to an investor group led by Michael Novogratz’s Galaxy Digital, according to CNBC

Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm

3.1.2023
The mining services broker won a June case against Dynamics Mining

Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’

3.1.2023
Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions “constituted unregistered sales...

No 'respite' for exploits, flash loans or exit scams in 2023: Cybersecurity firm

3.1.2023
The industry is likely to see “further attempts from hackers targeting bridges in 2023," while users are urged to be warier of their private keys

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

3.1.2023
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recession “by any definition.” Michael Burry’s 2023 Economic Predictions...

Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products

31.12.2022
Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark...

Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy

29.12.2022
Bitcoin (BTC) miner Argo Blockchain said it would sell its Helios mining facility to US-based crypto financial services firm Galaxy Digital for $65 million.... Read More: Novogratz's Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas

29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...

Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce

28.12.2022
Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu. The string of companies...

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

28.12.2022
Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, more than 75 accounts have been blocked by Venezuelan...