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Reports suggest Binance mixed customer and company funds

0xMain
May 24, 2023

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Binance, the world’s largest cryptocurrency exchange company, finds itself in the spotlight following accusations that it has been mixing customer funds with company revenue, allegedly violating U.S. financial rules. The claims were raised by three independent sources, who disclosed to Reuters that the...

Ripple buys controlling interest in Metaco, a digital technology company

0xMain
May 18, 2023

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Ripple has acquired a controlling interest Metaco, a Swiss firm specializing in digital asset custody and tokenization technology, establishing Ripple as the exclusive shareholder of the company. The acquisition, which is Ripple’s first major acquisition, signals a strategic move to broaden its offerings...

Australian blockchain company files for bankruptcy month after layoffs

0xMain
May 8, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Australia-based blockchain company founded in 2015, Everledger, filed for bankruptcy after failing to provide the expected investors’ funds, according to a report by SmartCompany. The blockchain-powered platform was...

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Elon Musk, a dogecoin supporter, reportedly building new AI company called X.AI

0xMain
April 15, 2023

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Elon Musk, the technology billionaire and dogecoin (DOGE) supporter has reportedly incorporated a new artificial intelligence (AI) firm called X.AI Corp. in Nevada, United States. The company, established on March 9, has Musk as its director and Jared Birchall, Musk’s family office director;...

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NFT Gaming Company partners with ChatGPT and MidJourney

0xMain
March 29, 2023

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The NFT Gaming Company, Inc. (NFTG) announced that it has begun utilizing ChatGPT and MidJourney AI to create its portfolio of AI-based games. According to a press release on March 27, the NFT Gaming Company is developing a digital gaming platform Gaxos. It...

Do Kwon’s Montenegro detention extended, registered Serbian company before arrest as fugitive

0xMain
March 27, 2023

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Do Kwon, the co-founder of Terraform Labs, has been detained in Montenegro while attempting to fly to Dubai allegedly using fake documents. Montenegrin authorities arrested Kwon at Podgorica airport and have approved a 30-day extension of his detention due to concerns over his...

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Riot stock falls by more than 60% over past year, company makes changes

0xMain
March 23, 2023

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Rising bitcoin output and a full year of data center hosting and engineering revenues pushed Riot’s overall revenue in 2022 up to $259.2 million from $213.2 million the previous year. Formerly known as Riot Blockchain, bitcoin infrastructure specialist Riot Platform is a publicly listed bitcoin...

a suspicious project leveraging a defunct UK company

0xMain
March 17, 2023

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This article is a deep dive investigation into Ecoin Finance (ECOIN): a suspicious project based on the smart contract of a widely known scam, Safemoon (SAFEMOON), that keeps promoting its token with the name of a defunct company that was registered in the...

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SVB parent company reportedly considering bankruptcy

0xMain
March 16, 2023

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SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection as one of its options. Bankruptcy filing as an option for selling assets According...