FTX and BlockFi Reach Settlement, FTX to Pay up to $874 Million During a volatile period in the cryptocurrency market in 2022, FTX sought rescue financing from BlockFi.
Baanx Secures $20M in Series A Funding Round Led by Industry Leaders With the new funding in place, Baanx wants to expand its services beyond the U.K. and Europe, with plans to enter the U.S. and Latin American markets later this year.
SEC Charges ShapeShift for Selling Crypto Securities ShapeShift ceased its U.S. exchange operations in 2021, according to the SEC filing.
Businesses Lag Behind in Adopting Generative AI Despite Ambitious Plans Despite the challenges, the survey reflects positive sentiments about the future role of generative AI in business.
OpenAI Responds to Musk's Claims, Asserts Commitment to Mission OpenAI contested these allegations, asserting that transitioning to a for-profit structure was necessitated by the substantial costs involved in developing artificial general intelligence (AGI).
Bitcoin Reaches New All-Time High Amidst Increased Investor Appetite This year alone, Bitcoin has witnessed a remarkable increase of around 70%, reflecting renewed investor optimism and growing interest in the cryptocurrency market.
Binance Halts Nigerian Naira Services Amid Regulatory Scrutiny In addition to discontinuing support for NGN in spot trading, Binance Convert, Binance P2P, the exchange's Auto Invest feature.