Alameda Executives Saw $10 Billion Cash Gap Months Before Collapse
Alameda Research’s former Co-Chief Executive Officer Caroline Ellison estimated there was a more than $10 billion cash deficit
2023-07-21 07:57
FTX Sues Bankman-Fried, Associates Over $1 Billion in Bad Deals
Bankrupt FTX Trading Ltd. will try to claw back millions of dollars in cash and unwind more than
2023-07-21 07:56
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:26
IBM Maintains Full-Year Sales Forecast, Easing Fears of Slowdown
International Business Machines Corp. maintained its full-year forecast of 3% to 5% sales growth, overcoming investor anxiety about
2023-07-20 04:21
Alex Mashinsky, Celsius ‘Master Marketer,’ Peddled Crypto Hope and Hype
Alex Mashinsky claimed he was different. The 57-year-old was the affable, approachable adult of crypto. He boasted that
2023-07-20 02:52
Grab’s Bank to Accept Bigger Deposits, Signaling Cap Raised
Grab Holdings Ltd.’s upstart digital bank started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised
2023-07-19 18:22
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-19 10:51
Ex-FTX Chief Operating Officer Constance Wang Emerges at Sino Global
Zhe “Constance” Wang, who served in several executive-level roles at Sam Bankman-Fried’s FTX before the collapse of the
2023-07-19 10:20
Troubled Crypto Firm Put Into Receivership in Nevada
The Eighth Judicial District Court of Nevada has ordered Prime Trust LLC into receivership amid allegations the custodian
2023-07-19 04:21
A Crypto Bill is Possible, Says Key Republican After Ripple Ruling
A key House lawmaker says he’s optimistic that a recent court ruling widely seen as limiting the US
2023-07-19 01:20
Tesla Says German Plant Can Expand Without Sapping Water Supply
Tesla Inc. said doubling the production capacity of its factory near Berlin won’t require additional water as the
2023-07-18 23:50
Bitcoin ETF Hype Threatens Another Sell-The-News Fizzle
The best argument in favor of approving new Bitcoin exchange-traded funds is that they already exist, tracking futures.
2023-07-18 21:24