Tag: Firm

Polkadot firm, dYdX launches on Cosmos while Everlodge investors are bullish

The crypto market rallied in “Uptober” as Bitcoin (BTC) soared as high as $35k. Altcoins like Polkadot (DOT) and Cosmos (ATOM) followed, seeing gains on the weekly chart. On the other hand, analysts are bullish on Everlodge (ELDG). Polkadot rises 4.33% Polkadot released around 99 million DOT into circulation on Oct. 24.  Despite this, DOT remains relatively firm partly because of the “Uptober” altcoin market rally.  Overall, in October, prices were firm. As of Oct. 30, DOT rose 4.33% and 5.32% on the weekly and monthly charts, respectively, reaching $4.32.…

Google to invest another $2B in AI firm Anthropic: Report

boss

Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google has already invested $500 million upfront to Anthropic — a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, according to an Oct. 27 report by the Wall Street Journal (WSJ), which cited people familiar. The mega-deal adds to Google’s $550 million investment into Anthropic earlier in the year. Google Cloud also striked a multi-year deal with Anthropic a…

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

boss

Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.  As founder Sam Bankman-Fried awaits possible conviction and faces a staggering 114 years in prison if found guilty, FTX’s asset recovery plan continues under Ray’s leadership.  FTX Bankruptcy Battle Escalates In a recent filing with the US Bankruptcy Court for the District of Delaware, FTX issued a subpoena to the artificial intelligence (AI) firm Center for AI Safety (CAIS),…

Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive

boss

A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years. In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging to Thomas containing 7,002 BTC — roughly $244 million at the time of publication. The former Ripple CTO forgot the information to access the drive, designed to erase its data if an individual enters the incorrect password ten times. So far, the…

Bitcoin ETF Will Send BTC Back To $44,000, This Firm Bets On It

boss

The price of BTC continues to push higher, and the bullish momentum remains intact as news around the Bitcoin ETF (Exchange Traded Fund) improves overall sentiment. In the wake of the recent rally, some trading firms doubled down on their bullish positions. As of this writing, the price of Bitcoin stands at $24,200 with sideways movement in the last 24 hours. The cryptocurrency rose by over 20% the previous week, operating as the top performer in the top 10 by market capitalization. BTC’s price trends to the upside on the…

Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

MicroStrategy’s Bitcoin Portfolio Soars Past $5 Billion As BTC Holds Firm At $34,000

boss

In a remarkable turn of events for the business intelligence (BI) company MicroStrategy, the recent bullish momentum of Bitcoin (BTC) has resulted in significant profits and a resurgence for the company.  MicroStrategy has returned on a profitable trajectory after a prolonged period of market downturn and losses suffered by companies with cryptocurrency holdings. MicroStrategy’s Bitcoin Holdings Surge  Just a month ago, MicroStrategy and its subsidiaries made a strategic move by increasing their BTC holdings. According to a filing with the US Securities and Exchange Commission (SEC), the company, co-founded by…

Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services

boss

Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure. The Nym Innovation Fund will draw capital from venture capitalist investors including Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools and services. Nym Technologies CEO and co-founder Harry Halpin said that privacy remains a central cog in ensuring that a decentralized internet remains resistant to censorship and avoids the pitfalls of Web2: “This programme will ensure the health of the…

BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst

boss

The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval by the United States Securities and Exchange Commission. In an Oct. 23 X (formerly Twitter) thread, Bloomberg ETF analyst Eric Balchunas said the DTCC listing was “all part of the process” of bringing a crypto ETF to market. The iShares spot Bitcoin (BTC) ETF has a ticker symbol of IBTC for a possible listing on the Nasdaq stock exchange, which applied to list and…

CipherBlade Founder Says Blockchain Sleuthing Firm ‘Hijacked’

The Pennsylvania firm claims that a group of employees executed a “hostile takeover” of the company earlier this year while founder Richard Sanders was volunteering in war-torn Ukraine assisting local police with crypto investigations, according to a lawsuit. In his absence, the firm’s clients and some staff were transferred to new CipherBlade entities in Alaska and Singapore, effectively emptying his business, Sanders told CoinDesk. Source link