Cryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital firm V Venture. The exchange has sent a letter to the firm warning that it will have to begin liquidating one of its units without that money.The $1.25 million payment was intended to BailBailoutBitcoinCapitalistsCompanyConsequencescryptoexchangeExchangesReportVentureWarnsZipmex Read More
This article is a deep dive investigation into Ecoin Finance (ECOIN): a suspicious project based on the smart contract of what many consider to be a fraudulent platform, Safemoon (SAFEMOON), that keeps promoting its token with the name of a now-defunct company that was registered in the United Kingdom.
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The company said on Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value.
Original Source Bank039sBankruptcyCompanyFilesParentSiliconValley Read More
The company is bringing teenaged artist Joe Whale’s work to life through a series of digital collectibles minted on OpenSea.
Source 13YearOldArtistBoyCometCompanyDoodleDropNFTOrangeTapsWeb3 Read More
As of the end of Q3, Virgin Orbit has $71.2 million in cash and $30.9 million in revenue.
Shares of aircraft engineering company Virgin Orbit Holdings Inc (NASDAQ: VORB) dropped by 33% in extended trading as the company is discharging nearly all its workers. According to people familiar with the CompanyEntireFurloughingOrbitSharesStaffVirginVORB Read More
The funding frenzy and competitive landscape speaks to the growth of the on-chain security landscape. While once only inhabited by tracing companies that retroactively follow the money, it's now buzzing with smart contract auditors, economic risk analysis firms, white hats and monitoring platforms that seek to mitigate the damage.
Source AimCompanyDeFiHacksIronblocksSecuritySpateTakesWeb3 Read More
The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, BitcoinCompanyMetaverseMovesNewsPokemonPreparing Read More
Compared to the $110 billion recorded in 2021, the Saudi Arabian oil giant’s net income took a significant leap by growing over 46% YoY in 2022.
The Saudi Arabian Oil Group, also known as Aramco, announced its largest annual profit in 2022. The state-controlled oil giant posted a record net AnnualAramcoCompanyGasLargestOilProfitRecord Read More
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures.
Fallout From SVB Failure Prompts BOE to Close U.K. Branch
The ripple effect of the 16th BankBanksBitcoinBranchCloseCompanyEnglandNewsParentRegulatorsShutsSiliconValley Read More
The app, codenamed P92, will be a standalone product for sharing text updates
Source AppCompanyDecentralizedExploringFacebookMetaParentReport Read More