News list for " predecessor"
Musk's X Company, formerly known as Twitter, has agreed to pay about $10 million to settle Trump's lawsuit against the company and its former chief executive, according to people familiar with the matter. This will make X Company the second social media outlet to reach a settlement with Trump. Previously, these platforms suspended the use of Trump's account due to the "January 6" riots at the Capitol. Trump and other...
Coinbase has acquired the Cyprus subsidiary of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe. With this acquisition, Coinbase now has a Cyprus Investment Company (CIF) license, which authorizes it to offer Contracts for Difference (CFD) products. Additionally, Coinbase can use this Cyprus license to offer financial products to other European Economic Area (EEA) member states
Options agreement Derive (formerly Lyra) announced a partnership with Ethena to officially join the Ethena Network. As part of the partnership, the Ethena Foundation has awarded Derive a multi-million dollar grant, while sENA token holders will be eligible to receive 5% of the DRV token supply from Derive DAO.
On December 2nd, David Marcus, co-founder of Diem (formerly Libra), posted on social media that by the spring of 2021, Diem had solved all possible regulatory issues in financial crime, money laundering, consumer protection, reserve management, etc., and was ready to launch. But at that time, Treasury Secretary Janet Yellen told Federal Reserve Chair Powell that allowing the project to move forward would be "political suicide."
Lnfi Network (formerly known as NostrAssets) announced that it has completed the Pre-Seed round of financing, with participation from HashKey Capital, UTXO Management, CMS Holdings, Waterdrip Capital, Wolf's Clothing, etc. The specific amount and valuation information have not been disclosed yet. The new funds will support its expansion of Lightning and Bitcoin order book exchange LN Exchange, in order to upgrade Lightning Network from an instant payment protocol to an integrated financial ecosy...
OpenAI founder Sam Altman's World project (formerly Worldcoin) said in a post on X that its global users exceed 17 million.
OpenAI founder Sam Altman's World project (formerly Worldcoin) announced that World ID has launched an identity verification program in Brazil. As the project intensifies its efforts to increase the total number of registered people, Brazil has become an attractive region in the eyes of the World. According to the World Bank 2023 data, the country is not only relatively friendly to cryptocurrencies, but also has a population of more than 215 million.
Sonic Labs (formerly known as Fantom) announced on the X platform that it has opened the .sonic domain registration, and UnstoppableWeb is the exclusive on-chain provider of .sonic domains, providing support for users' digital identities.
Fred Thiel, CEO of bitcoin miner MARA (formerly Marathon Digital), has warned that the current AI development environment is similar to the dotcom bubble of the 2000s, with many companies likely to overbuild their infrastructure in the face of insufficient demand.
Privado ID (formerly Polygon ID) announced a strategic merger with Disco to enable "multi-chain verifiable data and reputation management," which its team says will drive unification across Web2 and Web3 ecosystems, the development and adoption of digital identity infrastructure, and will enable Privado ID to be available on blockchains such as Optimism, Arbitrum, Base, and others.
