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Crypto news site The Block shakes off SBF ties with Foresight Ventures deal

The Block, a crypto-focused media company, sold a majority stake of its company to a venture capital firm in Singapore, according to Axios, which has valued it at $70 million.Foresight Ventures, the firm behind the deal, is buying an 80% stake for $60 million. The venture capital (VC) firm says

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SAG-AFTRA strike ends as AI deal reached, Hollywood still torn

The Hollywood actors’ union — the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) — concluded its strike on Nov. 9 after 118 days of picketing, with new deals on various proposed stipulations, including artificial intelligence (AI) usage. Since then, the union has released a summary of its final

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BlackRock ETH ETF helps price past $2k; community sees BTC ETF as ‘done deal’

The world’s largest asset manager filed for a spot Ether (ETH) exchange-traded fund (ETF) on Nov. 9, four months after filing for a spot Bitcoin ETF. BlackRock’s filing helped ETH prices soar past $2,000 for the first time in over a year.BlackRock’s intention to file for an Ethereum spot ETF

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FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in Sam Bankman-Fried Empire

But the bankruptcy negotiation was always aimed toward a settlement, because it gets money into people's hands much more quickly, Paul explained. The lawyers have until Dec. 1 to get a 75% approval rate from the 60 individuals and entities in their group and with any investors who sign up

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Chinese digital yuan CBDC used for first time to settle cross-border oil deal

The digital yuan has been used for the first time to settle an oil transaction, the Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced. PetroChina International bought 1 million barrels of crude on Oct. 19. The transaction was a response to a call by the Shanghai Municipal Party Committee and Municipal

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