FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership. Source
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Firm
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
Troubled cryptocurrency lending firm Hodlnaut is reportedly working with several potential investors to sell its business and other assets.A number of potential buyers have inquired about purchasing Hodlnaut and its claims against the collapsed crypto exchange FTX, Bloomberg reported on Feb. 6.Hodlnaut’s interim judicial managers have received multiple proposals to
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Google Invests $300M in AI Firm Previously Backed by Sam Bankman-Fried
Tech giant Google recently invested a sizable sum into AI firm Anthropic to further facilitate AI deployment and use cases. Google (NASDAQ: GOOGL), via its Cloud business, has reportedly invested $300 million into artificial intelligence (AI) firm Anthropic, a firm that also received more than $500 million from former FTX CEO
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Google invests $300M in AI firm previously funded by Sam Bankman-Fried
Google Cloud has reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also happened to receive over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months before FTX catastrophically collapsed.While the $300 million figure was reported by Financial Times on Feb. 4, Anthropic confirmed the
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Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder – Bitcoin News
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder
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Crypto VC Firm Pantera Loses CIO Joey Krug
The committee, which will have management oversight over the firm, includes Morehead, longtime partner Paul Veradittakit, and Jasper Lewitton, who joined Pantera last summer as president. Lewitton’s work history includes a decade-long stint at Ray Dalio’s Bridgewater Associates. Source
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Finnish Firm Membrane Finance Launches EU-regulated EUROe Stablecoin
EUROe allows easy-to-monitor and instant payments across the globe at non-zero cost.Finnish fintech organization Membrane Finance has inaugurated EUROe, Europe’s first and exclusive EU-regulated full-reserve stablecoin and payment network.EUROe converts a fiat Euro into a one-to-one pegged digital currency transactable on Ethereum, with prepared backing for an increasing number of
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Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
"As a part of this reorg, some folks will have new roles, responsibilities, and reporting lines," a Chainalysis spokesperson told CryptoX in an emailed statement. "Unfortunately we will also part ways with some incredibly talented people within our team." Source
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Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
“The subsequent investigation determined that Copper hadn’t suffered any breach or business interruption and that no client information had been compromised,” Copper said in a statement. “The incident was not of a nature that required disclosure with applicable law or regulations, operations continued to run smoothly and caused no further
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Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
"As the crypto markets mature and converge with traditional markets, it is critical to bring a mature and sophisticated perspective to our trading strategy. Representing just one pillar of how we deliver value to our investors, our liquidity and trading business will be elevated to a higher degree with Bhavik's
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