Search Results for: Ltd

Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth

It has been revealed that Bitfarms, a Bitcoin mining company that is vertically integrated and works on a global scale, has released its financial report for the month of December 2023. During the course of this month, the company produced 446 BTC, which is a generation that is 13.8% more than the output that was … Continue reading Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth

Robin AI and Harvey's Funding Surge Signals Legal AI Boom

The legal technology sector is experiencing an unprecedented boom, largely driven by advancements in artificial intelligence. This trend is exemplified by the recent fundraising achievements of Robin AI Ltd. and Harvey AI, two companies at the forefront of this revolution. Robin AI has secured a significant $26 million in Series B funding on January 2, … Continue reading Robin AI and Harvey's Funding Surge Signals Legal AI Boom

BitGo Secures MPI License Approval in Singapore

BitGo, a well-known cryptocurrency custody company, has just been granted clearance in principle by the Monetary Authority of Singapore (MAS) for a license to operate as a Major Payment Institution (MPI). The firm is now able to provide regulated digital payment token services as a result of this momentous accomplishment, which represents an important milestone … Continue reading BitGo Secures MPI License Approval in Singapore

Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

Hong Kong’s financial sector is witnessing a transformative phase with Venture Smart Financial Holdings Ltd. (VSFG) at the forefront, aiming to launch a spot Bitcoin exchange-traded fund (ETF) in the first quarter of 2024. This move comes as part of Hong Kong’s broader ambition to establish itself as a digital asset hub. Venture Smart Financial … Continue reading Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift

Alameda Research Ltd., associated with the now-bankrupt cryptocurrency exchange FTX, has voluntarily withdrawn its lawsuit against Grayscale Investments. This development comes amid significant outflows from Grayscale’s Bitcoin Trust (GBTC) following its conversion to an exchange-traded fund (ETF). The lawsuit, initiated in March 2023, accused Grayscale of extracting over $1.3 billion in excessive management fees, violating … Continue reading Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift

FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange

FTX, once a leading name in the cryptocurrency exchange world, faced a tumultuous downfall in late 2022. The company’s restructuring efforts in the aftermath of its bankruptcy filing have been closely scrutinized by investors, customers, and regulatory bodies. A recent development in FTX’s bankruptcy case reveals a significant shift in the company’s approach towards its … Continue reading FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange

SEC Brands Terraform Labs a "House of Cards" as Civil Trial Commences

The United States Securities and Exchange Commission (SEC) has launched a scathing indictment against Terraform Labs PTE Ltd., accusing the blockchain company of creating what an SEC attorney called a “fraudulent empire.” The civil trial, which commenced this year, follows a lawsuit filed by the SEC in February 2023. The legal action comes after the … Continue reading SEC Brands Terraform Labs a "House of Cards" as Civil Trial Commences

Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin

Nilam Resources, Inc. (OTC PINK: NILA) has announced its entry into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity called MindWave. The entity will hold 24,800 Bitcoin, which will serve as collateral for raising capital to invest in high-yield generating projects. Under the … Continue reading Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

As the crypto industry continues to evolve, the specter of past failures looms large over new projects. The latest in a series of concerns comes from Andre Cronje, the mind behind the blockchain platform Fantom. Cronje has raised red flags regarding the sustainability of Ethena Labs’ new USDe stablecoin, pointing to parallels with the infamous … Continue reading Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Exit mobile version