According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking d...
Tag: Company
Supreme Court to hear Jack Daniel’s trademark case against dog toy company
Jack Daniel’s, Tennessee whisky. Newscast | Universal Images Group | Getty Images The Supreme Court has agreed to take up a trademark case centered around a squeaky dog toy that’s “4...
Disney CEO Bob Iger’s Rich Compensation Package Revealed, Company Says Bob Chapek Fired ‘Without Cause’
Bob Iger stunned the entertainment industry when he reassumed his role as the CEO of the Walt Disney Company on Sunday night. The former Disney chief will earn a $1 million base salary for going back ...
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
Crypto brokerage Genesis failed to raise funds and is potentially facing bankruptcy without additional funding, Bloomberg reported Nov. 21. The company is rumored to be seeking a $1 billion cash inje...
Bitmain-Backed Crypto Mining Company Among Creditors Of Sam Bankman-Fried’s FTX
Leo Lu, founder and CEO of Bitfufu. Bitfufu Singapore-based Bitfufu, backed by Chinese mining rig giant Bitmain, has filed claims for $11.7 million against crypto exchange FTX, which has revealed it o...
Banksy Tells Shoplifters To Steal From Guess, Says Company ‘Helped Themselves To My Artwork’
Artwork by Banksy (Photo by Rebecca Sapp/WireImage) WireImage The anonymous and unconventional graffiti artist Banksy posted an unusual request on Friday, asking any potential shoplifters among his fa...
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection – Bitcoin News
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million...
Religious employees allegedly fired for not getting COVID-19 vaccine sue Massachusetts pharmaceutical company
Religious employees at a major pharmaceutical company have filed suit in Massachusetts, claiming their employer instructed them to be vaccinated against their beliefs. Norm Pattis, an attorney who rep...
In His First Interview, Thrasio’s New CEO Puts Company Turmoil In The Rear-View Mirror
Greg Greeley, optimistic about e-commerce, is pushing Thrasio to keep growing after a period of layoffs, executive turnover and paused acquisitions. J ust out of a remote meeting where he was encourag...
Bankman-Fried Received $1Bn in Personal Loan from His Company
Sam Bankman-Fried, the founder of the FTX exchange and Alameda Research, a cryptocurrency trading platform, seemed to confuse his bank and his companies. According to John Ray, the new CEO in charge o...
FTX Employees Used Company Funds to Buy Homes in the Bahamas
The news will cause unprecedented anger among customers of FTX, which filed for bankruptcy on November 11. The cryptocurrency exchange, which was still valued at $32 billion in February, imploded ove...
Avalanche Founder Says Company Has ‘Very Little Exposure’ to FTX
While the crypto world continues to navigate the fallout from the collapse of FTX, Ava Labs says it dodged the bullet. “We had very little exposure, and we’re grateful for it,” Ava ...
New FTX CEO Distances Company From SBF After Controversial DMs Surface
Following days of cryptic and controversial tweets from former CEO Sam Bankman-Fried (SBF), plus today’s revelation of shocking direct messages to a reporter, FTX’s newly-installed CEO too...
Musk Celebrates New Twitter Usage High as Engineers Flee Company
(Bloomberg) — Twitter Inc. owner Elon Musk tweeted out an upbeat message saying the company beat its all-time high in usage late Thursday, on a day when many employees decided to leave the compa...
Seattle-based Web3 Payment Company Launches Stablecoin On XRP Ledger
– Advertisement – First USD-pegged stablecoin launches on XRP Ledger Leading Seattle-based Web3 payment company Stably Corporation has announced the launch of its multichain USD-pegged sta...
Soaring Coal Prices Fuel Shares Of Indonesian Coal Company, Mints New Billionaire
A barge on the river of Mahakam to load coal from the mining area in Samarinda, East Kalimantan. BAY ISMOYO/AFP via Getty Images The share price of Jakarta-listed coal company Prima Andalan Mandiri mo...
Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry co...
Flashbots Company Intelligence
November 16, 2022, 11:26AM EST • 17 min read Quick Take Flashbots was established in 2020 to democratize access to MEV revenue, bring transparency to MEV activity and redistribute MEV revenue Flashbot...
UiPath stock rockets after company announces further layoffs, suggests revenue could beat
Shares of UiPath Inc. PATH, +11.29% were headed more than 11% higher in premarket trading Tuesday after the automation software company announced preliminary revenue ahead of expectations and disclose...
FTX bankruptcy freezes millions worth of crypto company funds
The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry, with multiple crypto-focused companies reporting significant amounts of their capital...
AST Private Company Solutions and Psagot Equity, Ltd. Seal Strategic Partnership
MENLO PARK, Calif. & TEL AVIV, Israel–(BUSINESS WIRE)–AST Private Company Solutions™ (AST PCS) is pleased to announce that the Astrella™ capitalization (cap) table and ownership data management pl...
NestCoin Employees Troubled After Company Disclosed Exposure in FTX
Nestcoin is a digital protocol established in February. Yele worried about his employees. According to reliable reports, it is noted that more than one billion user funds are stuck on the FTX exch...
Blockchain Company AltLayer Appoints Amrit Kumar as COO
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 futur...
FTX to reorganize, new CEO seeks support from staff during company conference call
FTX’s new CEO John Jay Ray III called on staff to rally together during an all-hands meeting after last week’s bankruptcy protection filing, people who were on the call told The Block. &#...
Ex Heavyweight Champs And Rivals Tyson And Holyfield Team Up For New Cannabis Company
Heavyweight boxing legends Mike Tyson and Evander Holyfield attend the 19th annual Harold and Carole … [+] Pump Foundation Gala at The Beverly Hilton Hotel on August 09, 2019 in Beverly Hills, C...