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Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion)
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The delay is the latest in a string of disappointments for Bankman-Fried, who has failed to secure the end of his pre-trial detention since landing in prison in early August. His lawyers have argued their client can’t properly prepare his defense from jail. On the other hand, prosecutors argue he
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The interim judicial managers of the collapsed cryptocurrency lender Hodlnaut have reportedly rejected the latest buyout deal amid the settlement token plummeting 90%.Hodlnaut administrators have opposed the takeover terms from cryptocurrency exchange OPNX, which was established by Kyle Davies and Su Zhu, the co-founders of failed hedge fund Three Arrows
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Polkadot community PolkaWorld has announced that it has halted its operations after the community’s proposal to get funding from Polkadot’s treasury was rejected. The organization raised several concerns about the project’s treasury management and made several claims in a recent announcement. In a post published on PolkaWorld’s official X (formerly Twitter)
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The $1.5 trillion asset manager submitted its own filing to secure regulatory approval for America’s first spot Bitcoin ETF. Franklin Templeton became the latest fund manager to declare interest in listing a spot Bitcoin exchange-traded fund (ETF) following a Sep. 12 filing with the US Securities and Exchange Commission (SEC). The financial
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The prosecution and defense both requested a September or October trial date, which the judge granted. While the defense team had a chance to request a postponement of the trial date, which is currently set to begin October 3, no such request was made, the judge added. Original Source
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Belgian customers will be put into “withdrawals-only” mode if they don’t agree to the terms of use for Binance Poland sp. z o.o., an entity registered within the European Union, and hence in the EEA, the company said in a message to clients which was briefly posted on its website
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Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation Original Source
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"Over the past week, our team reached out to a small number of projects that issue digital assets listed on our platform as part of our ongoing risk management initiative," a spokesperson told CryptoX by email. "These projects have relatively lower market liquidity trading pairs and/or a smaller market capitalization,
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Spain became one of the first countries in the European Union to establish its own task force for regulating Artificial Intelligence (AI). The Spanish Agency for the Supervision of Artificial Intelligence (AESIA) should guarantee, along with the national digital strategy, that the AI development in the country will be "inclusive,
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