Sam Altman to Return as OpenAI CEO Following In-Principle Agreement

"I’m looking forward to returning to openai, and building on our strong partnership with msft (Microsoft)," Altman said in a post early Wednesday. дальше »

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Binance CEO CZ to Resign and Plead Guilty in Deal with US Authorities

Binance founder Zhao to step down and plead guilty to resolve money laundering probes, remains majority owner under $4.3B US agreement. дальше »

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Endgame For Binance? US DOJ Seeks $4 Billion Settlement, CZ Braces For Charges

In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume.  According to Bloomberg, negotiations between the two parties include the potential for Binance founder Changpeng Zhao, also known as CZ, to face criminal charges as part of the agreement.  The […] дальше »

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SAG-AFTRA strike ends as AI deal reached, Hollywood still torn

The 118-day Hollywood actors’ union strike ended with an agreement on AI usage, though not everyone in the industry sees it as the right move. дальше »

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Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC. дальше »

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Genesis seeks court approval for 3AC settlement

In a Nov. 9 court filing, Genesis, the cryptocurrency trading lender heavily impacted by the collapse of Three Arrows Capital (3AC) and FTX last year, is now seeking out court approval for a settlement agreement. дальше »

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Genesis seeks court’s approval to reduce Three Arrows Capital claim from $1B to $33M

Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with imploded crypto hedge fund 3AC.

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Genesis seeks court approval to slash 3AC claim from $1B to $33M

Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate. дальше »

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Jihan Wu’s Bitcoin mining firm Bitdeer partners with NVIDIA

Blockchain company Bitdeer has become a cloud service provider in the NVIDIA partner network. Bitcoin cloud mining services company Bitdeer Technologies Group has entered into a partnership agreement with NVIDIA to double down on supercomputing resources. In a press release… дальше »

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Far Cry dev Ubisoft taps Immutable for blockchain games

With Immutable, Ubisoft wants to build a new gaming experience to “further unlock the potential of web3.” French game developer, Ubisoft, best known for its titles “Assassin’s Creed” and “Far Cry,” has signed a partnership agreement with a blockchain company… дальше »

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SK Telcom to launch Web3 wallet with Aptos and Atomrigs Lab

The South Korean telecommunications giant aims to expand its “affiliations with customer-preferred mainnets and decentralized applications” using this tripartite agreement with the blockchain companies. дальше »

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Coinbase user agreement dispute reaches US Supreme Court

The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses.

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Saudi Arabia’s NEOM partners with Animoca, eyes $50m deal

Animoca will develop web3 solutions and establish a hub in Saudi Arabia following the partnership with NEOM Investment Fund. Metaverse and blockchain gaming venture capital firm Animoca Brands has entered into a strategic partnership agreement with the NEOM Investment Fund,… дальше »

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Circle partners with Taiwan FamilyMart to push USDC adoption

The stablecoin issuer has also joined forces with BitoPro Crypto Exchange operator, BitoGroup. Circle Internet Financial has announced a strategic partnership agreement with BitoGroup and Taiwan FamilyMart in a bid to expand USDC’s usage in East Asia. According to a… дальше »

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service. дальше »

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Ripple Vs. SEC: Appeal Unlikely To Happen Soon, Potential Delay Until 2024

In a surprising twist, the US Securities and Exchange Commission (SEC) has dismissed its case against Ripple executives Brad Garlinghouse and Chris Larsen.   The dismissal agreement, reached by both parties, means that the scheduled trial for April next year will no longer proceed. дальше »

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SEC case against top Ripple executives dropped

The US Securities and Exchange Commission (SEC) has dropped charges in its case against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. SEC’s vote to dismiss the case against the two Ripple executives was announced late Thursday, with an agreement by both parties meaning the trial that was expected in April 2024 will not […] The post SEC case against top Ripple executives dropped appeared first on Invezz. дальше »

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Ad Hoc Committee of FTX.com non-US customers announces successful settlement agreement

The Ad Hoc Committee of Non-US Customers of FTX.com announces the successful execution of a Settlement and Plan Support Agreement filed with the U.S. Bankruptcy Court in Delaware.  дальше »

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FTX Debtors Settle Complex Dispute Over Asset Distributions

FTX Debtors have reached an agreement to settle customer property litigation asserting that some FTX customers should be given preferential treatment. The post FTX Debtors Settle Complex Dispute Over Asset Distributions appeared first on BeInCrypto. дальше »

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Bankruptcy judge approves $175 Million settlement between FTX and Genesis Global Trading

Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX. дальше »

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Взломщик Stars Arena вернул 90% украденных средств

Социальная платформа Stars Arena смогла вернуть 90% средств, которые попали в руки хакера в результате эксплойта. UPDATE: We have recovered approximately 90% of the lost funds. We reached an agreement with the individual responsible for the recent security breach. дальше »

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FTX to receive $175M withdrawing up to $1B in other claims against Genesis

The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »

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FTX to receive $175M and withdraw up to $1B in other claims against Genesis

The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »

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‘Coke Studio’ launching at Crypto.com Arena via Coca-Cola

After announcing a new multiyear renewal agreement with AEG, Coca-Cola is expanding in the crypto industry. The renewed partnership, brokered by AEG Global Partnerships, will bring a brand new “Coke Studio” to Crypto.com Arena in Los Angeles, the home of… дальше »

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WOO Network buys back shares and 20M tokens from bankrupt 3AC

WOO Network repurchases 20 Million WOO Tokens from 3AC. Woo has also cancelled shares purchased by the Three Arrows Capital (3AC). The 20 Million tokens were sent to a burn address. Taiwan-based liquidity provider, WOO Network, has finalized a pivotal agreement with Three Arrows Capital (3AC) liquidators, marking a significant step in their mission to […] The post WOO Network buys back shares and 20M tokens from bankrupt 3AC appeared first on CoinJournal. дальше »

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Circle’s USDC to become primary currency on XION blockchain

As part of the strategic agreement with Circle Ventures, XION will use USDC as its primary transactional currency дальше »

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From Europe to Global: CAIZ’s IFBA Innovation Now Operates in 99 Countries

Bratislava, Date – CAIZ, the first fiqh-compliant blockchain ecosystem, is once again attracting major attention by publicly announcing its new global reach. The Islamic Federated Byzantine Agreement (IFBA), an innovative consensus mechanism designed by CAIZ, has effectively extended its footprint over 99 nations, marking an important turning point and a milestone for the entire cryptocurrency […] The post From Europe to Global: CAIZ’s IFBA Innovation Now Operates in 99 Countries appeared first on CoinJournal. дальше »

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US SEC raises concerns over Coinbase providing services to Celsius

SEC raises concerns over Coinbase acting as a distribution agent for Celsius in its bankruptcy proceedings The commission wants a new agreement to be drafted between both parties The United The post US SEC raises concerns over Coinbase providing services to Celsius appeared first on AMBCrypto. дальше »

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Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement

Celsius has filed a motion in its bankruptcy case to resolve ongoing litigation and disputed contracts and claims, seeking court approval of a settlement agreement and purchase agreement with Core Scientific. дальше »

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Crypto lending firm Genesis to cease offering crypto trading

Genesis has been providing trading services through its international Genesis Global Capital (GGC) division. Genesis allegedly owes its top 50 creditors $3. 5 billion. In August Genesis and DCG reached an “agreement in principle” permitting creditors to get the majority of their money. дальше »

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Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust

A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said. дальше »

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DCG And Gemini Ink A Plan: Users To Receive All Their Crypto?

Per a report from TheBlock, Digital Currency Group (DCG) reached an agreement with crypto exchange Gemini. The two parties have been negotiating for months after the collapse of crypto lender Genesis, a DCG subsidiary, and the Gemini Earn program. дальше »

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Digital Currency Group’s recovery plan claims to fully compensate Gemini Earn users

It has been proposed that Gemini Earn users might recover up to 110% of their claims against the now-bankrupt cryptocurrency lender, Genesis, according to a newly proposed creditor agreement plan filed by Digital Currency Group (DCG) on Sept. дальше »

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Sony to build a blockchain for web3 infrastructure with Startale Labs

Sony and Startale Labs are entering into a joint venture agreement to develop a blockchain that could become the backbone of global web3 infrastructure. дальше »

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Ripple covers Fortress Trust users’ losses

Blockchain startup Ripple covered the losses of Fortress Trust clients as part of its purchase agreement. Fortress said the losses were caused by a “third-party vendor whose cloud tools were compromised”, according to The Block. “Luckily, Ripple was in a… дальше »

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Genesis Global Trading to close its over-the-counter trading platform

Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay back its creditors. Genesis’ parent company DCG came to its rescue and reached an in-principle agreement with creditors. дальше »

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Hana Bank and BitGo Partner Up on Digital Asset Custody Business in South Korea

Hana Bank entered the digital asset custody partnership through a strategic agreement with BitGo. The two companies will reportedly explore joint equity investment for a potential joint venture corporation. дальше »

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BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank

The Californian company will develop custody services and security solutions, local media reported. дальше »

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Robinhood Billion-Dollar Reversal: $600 Million Deal Sees Bankman-Fried Stake Return Home

Robinhood, the popular online brokerage platform, has successfully executed a significant share repurchase agreement, acquiring $605 million worth of shares from Emergent Fidelity Technologies, owned by Sam Bankman-Fried, former CEO of the bankrupt crypto exchange FTX. дальше »

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Robinhood Enters $605.7 Million Agreement with USMS to Reclaim Shares from SBF

Robinhood to buy back shares taken from Sam Bankman-Fried.

The post Robinhood Enters $605.7 Million Agreement with USMS to Reclaim Shares from SBF appeared first on BeInCrypto.

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Robinhood’s Repurchase Reclaims Bankman-Fried’s Legacy Shares

Robinhood reaches an agreement with U.S. authorities to repurchase stocks from Sam Bankman-Fried's Emergent and FTX. дальше »

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WAGMI Games Partners With OpenSea and Prepares to Launch Exclusive Mint

Web3 entertainment franchise WAGMI Games has announced a partnership with NFT marketplace OpenSea. The agreement will see both parties collaborate to support innovative mints that pioneer new ways in which digital assets can be utilized. дальше »

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Agreement Among Ethereum Staking Providers Sets 22% Cap on Total Validators

Сообщение Agreement Among Ethereum Staking Providers Sets 22% Cap on Total Validators появились сначала на Coinstelegram.

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Genesis lenders call DCG agreement ‘wholly insufficient’

The in-principle agreement reached by DCG and creditors also said that the ad hoc group and Gemini did not support the deal.

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Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal

Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling. дальше »

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Genesis Global And DCG Strike Crucial Deal With Creditors: 90% Recovery Imminent?

The latest update for the financial complications faced by Genesis Global, a notable name in the crypto lending space, and its parent company, Digital Currency Group (DCG), shows that both entities seem to have navigated their way out of the murky waters, striking an agreement with their creditors. дальше »

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Crypto firm Genesis secures landmark agreement

The agreement will mitigate financial challenges faced by Genesis. The proposed amendments could facilitate recoveries ranging from 65% to 90% of assets. Digital Currency Group (DCG) has reaThe post Crypto firm Genesis secures landmark agreement appeared first on AMBCrypto. дальше »

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Genesis and DCG reach in-principle agreement to recover creditors’ funds

Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is still subject to several handles, but Genesis expects the agreement to be completed in the coming weeks. дальше »

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DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. дальше »

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Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »

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