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Nalezeno "AI firm": 3573

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres

8.12.2022
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into...

Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021

8.12.2022
The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that “may be below $1 billion,” or about 70% lower than its most recent funding round in 2021, according to a Bloomberg report. Blockstream’s valuation has likely been impacted by the collapse...

Blockchain Entrepreneur Arrested in California on Fraud Charges

7.12.2022
Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens

Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell

7.12.2022
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell...

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg

7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021

Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices

6.12.2022
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place....

Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent

6.12.2022
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures

Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon

6.12.2022
Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners...

Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says

6.12.2022
Stocks have overtaken fundamentals and could soon fall back, QCP said

RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons

5.12.2022
PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company...

Audit firm Mazars to verify KuCoin's Proof-of-Reserves

5.12.2022
Mazars, the former accounting firm for Donald Trump's companies, was hired recently to audit Binance's PoR

$15 Billion Palantir Firm Co-Founder Says ‘Most’ Crypto Companies Will Crash – Here’s Why

5.12.2022
Palantir co-founder Joe Lonsdale has warned that the crypto meltdown could worsen in the future, saying that "most" crypto companies will go to zero. In an interview with Fox News, Lonsdale said more crypto companies are going to crash as many crypto tokens were Ponzi schemes. However,...

Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund

3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...

While the FTX Co-Founder Claims He ‘Wasn’t Running Alameda,’ SBF Is Asked Why He Threw Caroline Ellison ‘Under the Bus’

2.12.2022
While the former FTX CEO Sam Bankman-Fried (SBF) has done numerous interviews, during these discussions he’s explained on numerous occasions that as far as Alameda Research is concerned, he “wasn’t running Alameda.” SBF wasn’t the CEO of the trading firm Alameda Research as the job was handled...

‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

2.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in the U.S. He believes there isn’t a strategy to pull us out of “this real recession.” Michael Burry’s Recession Warning Famous...