Google has decided to amplify its presence in the artificial intelligence sector with a substantial $2 billion investment in Anthropic, an emerging AI startup, signaling robust confidence in the future of AI technologies. This move comes after Google forwarded $500
In recent legal developments, U.S. prosecutors issued a letter to the presiding court of SBF’s trial. This letter prohibits the legal team of FTX’s former CEO, Sam Bankman-Fried, from highlighting the possible recovery of FTX client money invested in Anthropic.
In a seismic shift within the competitive realm of artificial intelligence, Anthropic, a promising startup, has emerged as a significant challenger to OpenAI. This surge is backed by a multi-billion-dollar investment agreement from Amazon, a move that could significantly influence
Ben Armstrong (Bitboy Crypto) was arrested earlier this week following an ‘unhinged’ rant outside the home of former employee Carlos Diaz. Armstrong accused Diaz of threatening his life, of ties to the ‘black mafia,’ and of stealing his Lamborghini. Armstrong
South Korea’s premier cryptocurrency exchange, Upbit, recently experienced a security fiasco that affected approximately 400,000 wallets. Per their recent statement, a fraudulent token disguised as the legitimate Aptos (APT) token deceived the exchange’s monitoring system. Although Upbit has since recovered
In a decisive move against fraudulent crypto trading platforms, Hong Kong’s Securities and Futures Commission (SFC) has declared its intent to publish a list of suspicious virtual asset trading platforms (VATPs). This announcement follows closely on the heels of the
In a significant development for the long-standing Mt. Gox saga, the Rehabilitation Trustee, Nobuaki Kobayashi, has officially extended the deadline for repaying creditors to October 2024. This delay marks another twist in the turbulent history of the defunct Bitcoin exchange,
In the wake of a devastating $70 million security breach, the popular cryptocurrency exchange CoinEx is demonstrating a notable resurgence. A breach, which saw the compromise of its hot wallet keys, led to a suspension of crucial services, shaking the
Former Deutsche Bank investment banker Rashawn Russell, 27, has pleaded guilty to investment fraud. The ex-banker admitted to running a scam cryptocurrency trading operation that plundered $1.5 million from investors. As a result, he faces up to 30 years in
According to a recent report, Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman-Fried (SBF), are now facing legal action. Debtors of the now-bankrupt cryptocurrency exchange FTX allege that the couple illicitly pocketed millions. Filed on Sept.
Genesis Global has officially announced the cessation of its trading operations. This comes after the crypto lender, an affiliate of Digital Currency Group (DCG), recently lodged a hefty lawsuit against its parent entity in a New York bankruptcy court. Once
Singapore’s central bank and regulatory authority, the Monetary Authority of Singapore (MAS), has dropped a bombshell on the global financial landscape. Significantly, Kyle Davies and Su Zhu, the duo behind Three Arrows Capital (3AC), have been handed a nine-year prohibition
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