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What has surprised many observers closely monitoring these illicit activities is the recurring association of these hacks with platforms connected to Justin Sun. The cryptocurrency trading platform HTX, formerly known as Huobi, which has ties to industry entrepreneur Justin Sun, regained functionality this week following a security breach resulting in
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The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As described by regulators on November
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The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report. Source
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Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $95 million in Series B funding led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura and WisdomTree participated in the round, which also saw further commitment from a number of
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Andreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space. Andreessen Horowitz (a16z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. The development was shared by Axios, which also cited other sources. According to Axios,
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A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI.Legal representatives from various states,
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According to unconfirmed reports, Bolttech is seeking up to $300 million in funding from a possible IPO in the US. Singapore-based insurance technology company Bolttech is currently weighing the possibility of an initial public offering (IPO) in the US. According to sources, the Bolttech US IPO could fetch the firm up
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“The state is home to innovative entrepreneurs, major corporations with global reach and policymakers including Rep. French Hill and Sen. John Boozman, both of whom have taken an interest in digital asset technology. All of this makes Arkansas a great place to work with the startup community,” Tillemann told Cryptox. Source
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ChargePoint stock comes under severe selling pressure as the company liquidates equity for another major fundraise. On Wednesday, October 11, EV charging network operator ChargePoint Holdings (NYSE: CHPT) announced its plans to raise a staggering $232 million through the stock sale. This was enough to send the ChargePoint stock spiraling downwards
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"This witness who's on the stand made a personal investment in Anthropic and has knowledge of the company's investment in Anthropic, and so in the event that the Court deems this admissible, it might be an issue that we want to raise with her," said the prosecutor, Danielle Sassoon. "We
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