Rodney Allam at NET Power’s pilot plant in La Porte, Texas, 2017. Michael Thad Carter, for Forbes The Rice Brothers — Danny, Toby and Derek — have made a fortune in the business of fracking shal...
Tag: public
DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition
ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain. As of press time, ARAX whic...
Algorand Inc. chosen as the public blockchain in Italy to support digital guarantees
Algorand Inc., which happens to be a global and absolute top-of-the-line blockchain-based technology, has been duly chosen to be the public blockchain in Italy. Its prime function will be to stand by ...
Malaysian Billionaire Teh Hong Piow, Founder Of Public Bank, Dies At Age 92
Teh Hong Piow attends Public Bank’s annual general meeting in Kuala Lumpur, Malaysia. Joshua Paul/Bloomberg Billionaire banker Teh Hong Piow—founder and chairman emeritus of Malaysia’s Public Ba...
Binance may have billions stashed in secret reserves not disclosed to public – Sources
Binance’s publicly reported reserves may only be a fraction of all the assets it holds and the exchange has “more money than it is letting on,” a source told CryptoSlate, citing people familiar with t...
Richmond Removes Its Last Public Confederate Monument
Topline The city of Richmond removed the statue of former Confederate General A.P. Hill Monday, the last of its public Confederate monuments, concluding a two-year effort by city officials and protest...
Bear Market, Luna Crash, FTX Meltdown: How it Impacted Crypto’s Public Perception (Survey)
A recent study conducted by CNBC estimated that only 8% of American participants currently have a favorable view of cryptocurrencies. Those who supported the asset class in March 2022 were 19%. The ma...
Grayscale opens DeFi Fund to public investors
Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter (OTC) market. Grayscale first launched the De...
FT, Bloomberg, NYT and WSJ file suit to make FTX creditors public
The Financial Times, The Wall Street Journal, The New York Times and Bloomberg have filed a suit seeking to unseal who the creditors of the collapsed crypto exchange FTX are. The news organizations wa...
WazirX to share Proof of Reserves with the public
WazirX, the Indian crypto exchange, has said that it is currently working with a third-party vendor to conduct an audit of its reserves, which will provide a proof of its holdings. 📢 Update on Proof O...
US SEC Issues Crypto Disclosure Guidance for Public Companies
The U.S. Securities and Exchange Commission (SEC) is encouraging public businesses to issue new disclosure standards after the fall of FTX. The regulator released a note on Thursday, stating, “The Div...
Optimism announces 2nd round funding for Retroactive Public Goods
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of...
Racism And Discrimination Are A Key Public Health Threat—But Overlooked And Dismissed Using Poor Science, Researchers Warn
Topline Racism, xenophobia and discrimination have a profound impact on health but are largely overlooked and erroneously dismissed with low-quality science, according to a series of papers published ...
Analysis of Signature Bank’s Comments at Goldman Sachs US Financial Services Conference
December 8, 2022, 1:33PM EST • 2 min read Quick Take December 6, 2022 Signature Bank gave remarks regarding their crypto strategy and FTX at Goldman Sach’s Conference Signature reducing digital asset...
Connecting fans to the artists with NFTs – Public Pressure – SlateCast #41
NFT marketplace Public Pressure’s founder and CEO, Sergio Mottola, met with CryptoSlate’s Akiba to talk about the today and tomorrow of music NFTs. What do NFTs offer? Moving forward, Akiba asked Mott...
Gensler fails to protect public from FTX collapse
Congressman Ritchie Torres has written a letter to the Government Accountability Office calling for an investigation into the SEC handling of FTX. With the very public collapse and ensuing loss of inv...
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding the recently failed cry...
Vietnamese Tesla Rival Announces Plans to Go Public
VinFast, the Vietnam-based electric-vehicle maker, is shifting into high gear. The company on Dec. 7 said it had filed for an initial public offering with the U.S. Securities and Exchange Commission. ...
Ledger’s CEO wants to build the Apple of web3 — and take it public too
When Ledger CEO Pascal Gauthier used to pitch his company to investors, he often ran into brick walls. It was a point of great frustration to him. Potential investors just couldn’t understand t...
San Francisco Says Cops Can’t Use Killer Robots After Public Outcry—For Now
Topline The San Francisco Board of Supervisors approved a measure Tuesday banning police from using robots to kill crime suspects, after legislation it passed last week allowing for killer robots R...
Vietnamese luxury EV-maker VinFast files to go public on Nasdaq
Vietnamese electric vehicle maker VinFast has filed for an initial public offering in the United States, the company said Tuesday. Shares will be listed on the Nasdaq under the ticker “VFS.̶...
Circle Takes Back the Decision to go Public
The crypto market is witnessing a paradoxical instance where the major asset of a company was declining while it planned to go public. This clearly indicates Circle and its stablecoin USD Coin (USDC)....
Circle Pulls The Plug On Going Public
Circle and its planned special purpose acquisition company (SPAC) partner Concord have mutually decided not to go public. Business Combination Terminated On Monday, Circle Internet Financial and Conc...
Analysis of Silvergate Capital’s FTX and BlockFi Public Letters
December 6, 2022, 12:06PM EST • 4 min read Quick Take December 5, 2022 Silvergate CEO Alan Lane releases public letter addressing FTX, Alameda and the recent market turmoil Closed December 5, 2022 tr...
The issuer of USD Coin will not go public
Yesterday, the co-founder and CEO of Circle, the company that issues USD Coin, revealed the termination of the proposed deSPAC transaction. 1/ Some big @circle news. This morning, we announced the te...
Stablecoin Issuer Circle Scraps $9 Billion Deal To Go Public
Stablecoin issuer Circle, a peer-to-peer payments technology company behind the popular USDC stablecoin, was quick to clarify that its decision to abolish its plans of going public has nothing to do w...
Silvergate CEO Attempts to Address Concerns in Public Letter
Citing “speculation – and misinformation – being spread by short sellers and other opportunists trying to capitalize on market uncertainty,” Silvergate Capital (SI) CEO Alan Lane in a publ...
USDC Issuer Circle terminates plans to go public
Circle, the cryptocurrency firm behind the stablecoin USDC, has reportedly terminated plans to go public after canceling its special purpose acquisition company (SPAC) transaction with Concord Acquisi...
Crypto Giant Circle No Longer Going Public
Alex Dovbnya Stablecoin issuer Circle has scrapped its SPAC deal that was initially announced last year Circle, a cryptocurrency-focused financial services company behind the USD Coin (USDC) stablecoi...
USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report
The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are m...
Analysis of Robinhood’s Comments at Goldman Sachs US Financial Services Conference
December 10, 2022, 5:02PM EST • 2 min read Quick Take On December 7, Robinhood presented at Goldman’s U.S. Financial Service Conference Gave updated view on digital asset operations and strategy in t...