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Hong Kong grants crypto approval to a major Swiss bank
The bank's Hong Kong unit would work primarily with its Zurich-based parent company to offer crypto services. SEBA Bank opened a new office in Hong Kong in November 2022 for its expansion into The post Hong Kong grants crypto approval to a major Swiss bank appeared first on AMBCrypto. дальше »
2023-8-30 10:30 | |
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Genesis Global And DCG Strike Crucial Deal With Creditors: 90% Recovery Imminent?
The latest update for the financial complications faced by Genesis Global, a notable name in the crypto lending space, and its parent company, Digital Currency Group (DCG), shows that both entities seem to have navigated their way out of the murky waters, striking an agreement with their creditors. дальше »
2023-8-30 02:00 | |
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OnlyFans’ parent firm reveals its Ethereum (ETH) holdings amid surged revenue
OnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19. 9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle and Celsius’s bankruptcy catalyzed the downside trend in the crypto market within the past twelve months. дальше »
2023-8-28 09:34 | |
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Ethereum Boosted By $20M Purchase By OnlyFans’ Parent Firm
In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). дальше »
2023-8-28 08:30 | |
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OnlyFans Parent Company Invested in ETH, Recent Filing Shows
The company that operates OnlyFans has reported holding ETH, but that it lost money on the investment in 2022. The post OnlyFans Parent Company Invested in ETH, Recent Filing Shows appeared first on BeInCrypto. дальше »
2023-8-27 14:25 | |
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Prime Trust’s parent company reports $8m loss due to TerraUSD investments
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the United States. The… дальше »
2023-8-25 13:15 | |
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Meta releases AI developer assistant ‘Code Llama’
Facebook parent Meta announced on Aug. 24 that it is releasing Code Llama, a large language model (LLM) for use by coders and developers. The company said that Code Llama can generate and discuss code, improve workflow speeds, and reduce barriers to entry for new coders. дальше »
2023-8-25 23:50 | |
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Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. дальше »
2023-8-25 23:30 | |
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Former SEC official comments on Binance.US’ request for protection
Binance. US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. дальше »
2023-8-17 03:40 | |
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CoinDesk to lay off 45% of editorial staff amid restructuring: Report
Crypto media outlet CoinDesk is laying off 45% of its editorial staff in a sweeping restructuring move as its parent company Digital Currency Group (DCG) seeks to bring on strategic investors, according to an internal memo reviewed by The Block. дальше »
2023-8-14 19:03 | |
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BREAKING: Digital Currency Group Faces Investigation By New York Attorney General’s Office
New York Attorney General Letitia James has reportedly launched an investigation into Digital Currency Group (DCG), the parent company of Genesis, a cryptocurrency firm that has been facing financial troubles. дальше »
2023-8-4 23:05 | |
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Genesis Chapter 11 Bankruptcy Set To Be Resolved Soon, DCG Says
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms. дальше »
2023-8-1 03:00 | |
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This Machine Learning Tool Was Asked To Predict XRP Price, Here’s What It Said
XRP has been one of the trending tokens following the summary judgment which ruled that the token was not a security, giving its parent company, Ripple, a ‘partial victory’ over the United States Securities and Exchange Commission (SEC). дальше »
2023-7-29 16:00 | |
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Alameda Research wants GBTC shareholders to join lawsuit against Grayscale
Alameda Research, a bankrupt crypto investment firm, is soliciting the support of claimants holding 10% of Grayscale’s Bitcoin Trust (GBTC) shares in its ongoing lawsuit against the crypto investment management company and its parent firm, Digital Currency Group (DCG). дальше »
2023-7-29 00:30 | |
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Google and Microsoft describe AI prospects in latest earning reports
Alphabet — the parent company of Google — and Microsoft both described their artificial intelligence (AI) prospects in quarterly earnings reports on July 25. Google calls itself an AI leader Sundar Pichai, CEO of Google and Alphabet, said: “Our continued leadership in AI and our excellence in engineering and innovation are driving the next evolution […] The post Google and Microsoft describe AI prospects in latest earning reports appeared first on CryptoSlate. дальше »
2023-7-26 06:00 | |
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Gemini Files Legal Complaint Over DCG and Genesis ‘Fraud Against Creditors’
Cameron Winklevoss of Gemini on Friday took to Twitter to detail a legal action against Genesis and its parent company, Digital Currency Group. The post Gemini Files Legal Complaint Over DCG and Genesis ‘Fraud Against Creditors’ appeared first on BeInCrypto. дальше »
2023-7-8 20:30 | |
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Twitter says Threads stole its IP, sends legal threat to Facebook parent Meta
Twitter has sent a legal warning to its competitor Meta, Semafor said on July 6. Meta — the parent company of Facebook and Instagram — previously launched its Threads app. The product has been widely described as Twitter competitor or “Twitter killer,” something that Twitter itself has taken note of. дальше »
2023-7-7 04:52 | |
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CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment
The latest round brings the company's total capital raise to $9 million. дальше »
2023-7-6 08:31 | |
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Meta unveils speech generation AI: Voicebox
Meta, the parent company of Facebook and Instagram, announced a speech-generation AI model called Voicebox on June 16. The company said Voicebox could generate speech from text and noted that the model could match an audio style based on a sample just two seconds long. дальше »
2023-6-16 23:29 | |
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Jack Dorsey’s Block Bitcoin Wallet Announces Support For Coinbase And CashApp As It Rolls Out Beta Version
The general public will be able to take part in the beta test of Bitkey in a few weeks according to Block, its parent company striking the excitement of users. Jack Dorsey’s payment company Block has announced a special integration of CashApp and leading US digital asset exchange Coinbase on its self-custody wallet, Bitkey. This […] дальше »
2023-6-17 18:51 | |
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Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App
Public beta testing will begin in a few weeks according to parent company Block. дальше »
2023-6-16 21:29 | |
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Crypto Lender Genesis Amends Reorganization Plan as Mediated Talks Continue
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues. дальше »
2023-6-14 18:58 | |
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Meta previews consumer AI tools, from chatbots to photo editors to “stickers”
Facebook and Instagram parent Meta internally unveiled several AI features that will soon be offered to users, various sources reported on June 8. Meta unveils new consumer AI tools Axios said on June 8 that CEO Mark Zuckerberg and other executives announced the features during an all-staff meeting. дальше »
2023-6-10 03:51 | |
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BitGo to acquire 100% equity in Prime Trust parent following latter’s bankruptcy rumors
Crypto custodian BitGo said on June 8 that it signed a term sheet to acquire 100% equity in Prime Core Technologies, the parent company of Prime Trust. BitGo said the acquisition would allow BitGo to offer a “full suite of solutions” to institutional clients and fintech companies. дальше »
2023-6-9 01:58 | |
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Meta Begins Another Round of Layoffs that Would Impact 6,000 More Employees
Coinspeaker Meta Begins Another Round of Layoffs that Would Impact 6,000 More Employees Facebook parent Meta has embarked on another round of layoffs that could affect thousands more amid the company’s ‘Year of Efficiency. дальше »
2023-5-25 12:36 | |
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Genesis’ Parent Company DCG Missed a $650M Payment to Gemini, 232,000 Earn Users in Limbo
The Digital Currency Group (DCG), a leading crypto conglomerate and parent company of Genesis lending division, finds itself entangled in the bankruptcy proceedings between Gemini and Genesis. The last few... дальше »
2023-5-23 01:00 | |
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Gemini accuses parent company DCG of not paying $630 million dues
Gemini has said that its parent company DCG has failed to pay $630 million, which was due last week. The exchange stated that it is working with Genesis, DCG, and creditors to offer forbearanceThe post Gemini accuses parent company DCG of not paying $630 million dues appeared first on AMBCrypto. дальше »
2023-5-22 14:30 | |
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Gemini Says Genesis Parent DCG Defaulted on $630M Payment, Updates Contingency Plan
Coinspeaker Gemini Says Genesis Parent DCG Defaulted on $630M Payment, Updates Contingency Plan Gemini seeks to exact its owed payment sum from Genesis parent DCG and is working with several creditors on a forbearance plan. дальше »
2023-5-22 14:07 | |
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Meta reveals new details about in-house AI chips
Facebook parent company Meta disclosed new information about its artificial intelligence (AI) projects in several blog posts on May 18. Diving into AI technologies Meta built a first-generation silicon chip for its AI models under the name MTIA (Meta Training and Inference Accelerator) in 2020. дальше »
2023-5-19 01:15 | |
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U.S. judge permits Bittrex $7 million loan to start bankruptcy case
A U. S. bankruptcy judge allowed Bittrex to receive a loan from its parent company. Bittrex will also attempt to obtain an additional $12 million by requesting a second loan. Bittrex has receThe post U. дальше »
2023-5-11 16:15 | |
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Bittrex to receive 250 BTC loan valued at $7M to start bankruptcy case
A U. S. bankruptcy judge has approved Bittrex’s request for a $7 million loan from its parent company, Reuters said on May 10. Bittrex to gain $7M loan, possibly more Judge Brendan Shannon said during a court hearing that Bittrex will be allowed to borrow 250 BTC, an amount currently worth $7 million. дальше »
2023-5-11 03:59 | |
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Cboe Files Third Attempt at Securing Spot Bitcoin ETF Approval from SEC
Coinspeaker Cboe Files Third Attempt at Securing Spot Bitcoin ETF Approval from SEC Chicago Board Options Exchange parent Cboe has again filed for a spot Bitcoin ETF with the SEC despite being rejected in late January. дальше »
2023-5-10 15:09 | |
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Artifact Labs Secures $3.25 Million for Blockchain-based Historical Preservation
Artifact Labs, a Web3 company dedicated to preserving historical records on the blockchain, has successfully closed a $3. 25 million funding round. The NFT issuer began operating independently after spinning from its parent company last year. дальше »
2023-5-9 21:15 | |
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SUI price rally gathers momentum after major exchange listing
Sui (IOU) SUI token has been trending for its mainnet launch which went live today. The launch of Sui Network mainnet and its native token SUI caused quite a stir in the crypto space because of the reputation of Sui’s parent company Mysten Labs. дальше »
2023-5-4 15:18 | |
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PayPal subsidiary Venmo to introduce cryptocurrency transfers
Venmo users will soon be able to transfer cryptocurrency, the payment app’s parent company PayPal said on April 28. That announcement revealed that users will be able to transfer funds to Venmo and PayPal accounts as well as third-party wallets and exchanges beginning in May. дальше »
2023-4-29 01:23 | |
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Meta says 40% of Instagram content is AI-recommended; retains Metaverse focus
Meta — the parent company of Facebook and Instagram — discussed its use of artificial intelligence (AI) during its Q1 2023 earnings call on April 26. AI drives content discovery Meta CEO Mark Zuckerberg called AI one of two “major technological waves” alongside the metaverse that are priorities on the company’s roadmap. дальше »
2023-4-27 02:16 | |
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Sega Sammy to Acquire Angry Birds Parent Company Rovio
Coinspeaker Sega Sammy to Acquire Angry Birds Parent Company Rovio While the key initiatives bordering on the plans of Sega Sammy for the Angry Birds maker are yet to be fully revealed, it can be deduced that the game will be incorporated into the consoles of the company. дальше »
2023-4-17 13:00 | |
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MetaMask email address leak affects 7,000 users
A number of MetaMask users have had their email addresses exposed through a recent data leak, according to parent company ConsenSys on April 14. MetaMask experiences data leak ConsenSys said that the issue affected a small portion of MetaMask users who submitted customer support tickets between August 1, 2021, and February 10, 2023. дальше »
2023-4-15 00:31 | |
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DCG’s mining subsidiary to introduce access fees
Bitcoin (BTC) mining pool Foundry USA has reportedly notified its users of its plans to introduce service access fees. Its parent firm, Digital Currency Group, is one of the entities hit hard by Sam Bankman-Fried’s FTX collapse. Foundry USA, a… дальше »
2023-4-7 12:13 | |
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Swiss state-owned bank PostFinance to offer Bitcoin trading
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles. дальше »
2023-4-5 10:40 | |
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