FTX is seeking court approval to sell its $18 billion stake in Anthropic as part of its post-collapse asset liquidation strategy to repay customers and meet stakeholder commitments. The defunct cryptocurrency exchange known as FTX is seeking court permission to sell its 7.84% stake in Anthropic, an artificial intelligence company worth about $18 billion as of December 2023. According to estimates, the value of this investment is approximately $1.4 billion. Following the collapse of FTX in November 2022, this step is part of the company’s attempt to recover cash and fully repay consumers and creditors. Sam Bankman-Fried, who previously served…
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“Every Token: How NFTs and Web3 Will Transform the Way We Buy, Sell and Create,” a new book he co-authored Steve Kaczynski and Scott Duke Cominusis bringing a unique approach to understanding NFTs and blockchain for a broad audience.Since its launch on January 23, “The Everything Token” has garnered significant support from key figures in the NFT community. This includes Yuga Labs co-founder Wylie “Gordon Goner” Aronow, co-creator of Bored Ape Yacht Club. Shared that 100 units were purchased Of the book. (there is. As well as the evidence photos..)NFTs have been in the spotlight for several years now, but…
Ethereum price is falling again from the $2,325 resistance level. ETH could fall significantly if it moves below the $2,270 support. Ethereum is showing some signs of weakness in the $2,325 region. The price is trading below $2,300 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,300. A break above the $2,325 resistance could start a new rally. Ethereum price is struggling below $2,325. Ethereum price attempted a new rise above the $2,300 level. However, ETH received strong selling interest around $2,325. A high…
February 5, 2024, New York, USA, Chainwire Merlin Chain, the native Bitcoin Layer2, announced a funding round from 24 investors including OKX Ventures, ABCDE, Foresight Ventures, and Arkstream Capital. Merlin Chain provides a native scaling solution that integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud prevention module. We are committed to making Bitcoin fun again by strengthening Bitcoin’s underlying assets, protocols, and products at Layer1. Merlin Chain was built by Bitmap Tech, a top OG team with an overall market capitalization of over $500 million. Bitmap Tech’s BRC-420 “Blue Box” collection has risen from an inscription cost…
The developer of the Polygon (MATIC) ecosystem is laying off 19% of its staff, but the company’s chief executive said the staff shake-up is not due to financial reasons. Polygon Labs CEO Marc Boiron said in a new announcement that the company will lay off 60 employees to create “an efficient, surgical team with significantly less bureaucracy.” Boiron argues that Polygon’s growth during the last bull market “diluted” the team’s commitment to focus, hard work, efficiency and agility. He said the smaller workforce will enhance collaboration across Ethereum (ETH) scaling solutions. “This decision is not an easy one. Right-sizing for…
In Disney’s Toy Story, one of the things Woody says when pulling the straps on his back is, “There’s a snake in my boot.” I always thought that was a funny, throwaway line for a cowboy to say. But it was clearly a common hallucination experienced by cowboys who abused alcohol. Talk about a dark line to add to a children’s film. So, when you go looking for riches in AvatarUX’s Nugget slot, it’s a good idea to avoid the source. hello partner When the Payday symbol appears on the reels, it triggers one of three Wild West Rewards that…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Bitcoin halving will occur in 2024. This event is likely to impact altcoins such as Kangamoon (KANG), Ethereum (ETH), and Optimism (OP). Ethereum is evolving In the future, Ethereum will continue to be upgraded. That is why more institutions are adopting Ethereum, which has increased its overall value and turned it into a deflationary asset. Despite the potential challenges, experts are optimistic. ETH is stable and supporters are optimistic that a spot Ethereum ETF will be approved. Optimism explores…
last yearHong Kong-based brokerage CLSA predicted in a January report that 2023 would see market volatility with a more subdued outlook for the Year of the Rabbit, while also urging investors to cautiously push beyond their comfort zones. And indeed, the market “jumped” on its dismal 2022 performance. Bitcoin is up nearly 94% over the past year, while Ethereum (ETH) is up 47%.
Bitcoin price continued to struggle to rise above the $43,800 resistance level. BTC is in a downward trend and could fall significantly if it breaks the support level of $41,800. Bitcoin price is falling from the $43,800 resistance zone. The price is trading below $42,800 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $42,850. If there is a clear move below the $41,800 support, the pair may continue to decline. Bitcoin price took a hit. Bitcoin price made another attempt to break…
Asia • February 5, 2024, 12:04 AM EST Posted 1 minute ago In ~ The Financial Services Commission of Korea (FSC) on Monday proposed new amendments that would require new executives at cryptocurrency companies to obtain regulatory approval before taking up their duties. This would potentially give the financial watchdog more powers over the country’s cryptocurrency sector. FSC said It announced plans to “improve” problems with the current law that oversees the local cryptocurrency industry. If the bill is enacted, new executives at Korean cryptocurrency companies will not be able to start work until the FSC approves their applications for…