News list for " founded"
Mira Murati, the former chief technology officer of OpenAI, established the new company.
According to social media platform X, xAI founder Musk confirmed that the company will establish an artificial intelligence game studio to focus on game development. The news was originally posted by X user Dima Zeniuk (@DimaZeniuk), and was later confirmed by Musk himself.
On February 8th, the Newton Project was established in 2018 with the goal of providing infrastructure for the "community economy". The Newton Project supports the development of the community economy by building a decentralized infrastructure. With the successful completion of the first phase, the Newton Project is about to start a new journey. In January 2025, the Newton DAO was officially established as a decentralized autonomous organization composed of all NEW token holders. This is an impor...
Backpack Exchange, founded by former FTX and Alameda employees, has acquired the bankrupt FTX former European entity for $32.70 million to expand the derivatives business it offers in the region. FTXEU was one of the business units that ultimately went bankrupt after FTX collapsed in 2022. As part of the acquisition, Dubai-based Backpack will be responsible for distributing FTXEU customers previously court-approved FTX bankruptcy claims of around 53 million euros ($55 million). Yesterday, it was...
Backpack Exchange, founded by former FTX and Alameda employees, has received approval from the Cyprus Securities and Exchange Commission and the FTX Bankruptcy Court to formally acquire FTX EU. Backpack Exchange will be responsible for distributing the bankruptcy claims of FTX EU users previously approved by the court. The exchange, valued at $120 million in its Series A funding round in early 2024, has been granted Dubai VARA and European Union MiFID II licenses. Scheduled to go live in Quarter...
The T3 Financial Crimes Unit (T3 FCU), formed by Tether, TRON and TRM Labs, has frozen a total of 100 million USDTs used by illegal actors since its inception in September 2024. T3 involves TRM Labs using its blockchain intelligence and surveillance tools to help Tron and Tether identify and freeze USDT linked to illegal activity. At nearly $60 billion, USDT issued on the Tron blockchain is the largest issuance after Ethereum, which has a circulation of just over $75 billion.
Founders Fund, a venture capital firm co-founded by Peter Thiel that has invested in some of the world's most valuable tech startups, including SpaceX and Stripe, is raising about $3 billion for its third growth equity fund, according to AXIOS.
COSIMO, a digital asset holding company founded in 2014, raised $25 million, led by Des Mac Intyre, co-founder of Eolas Capital and a former executive at Bridgewater and Mellon Investments. According to the announcement, COSIMO is involved in multiple crypto sectors, including tokenized venture capital, custody, and equity hedge funds. After operating for a decade, COSIMO has expanded into multiple cryptocurrency sub-sectors and plans to become a competitor to cryptocurrency management and servi...
The Vana Foundation has announced its establishment and will launch the Vana mainnet. It is reported that the Vana protocol was developed by the Vana Foundation in partnership with Open Data Labs, allowing users to contribute their private data links to projects building future artificial intelligence, thus transforming it into a new valuable asset class. The network is powered by VANA tokens, facilitates data validation, governance, and user-driven transactions, and operates under a privacy-pro...
