According to DLNews, the founder of Defi Protocol Stream Finance has filed a lawsuit against the partner, accusing it of misappropriating $93 million of funds. Stream Trading Corp. accused Georgia resident Ryan DeMattia of using the funds to cover his losses after defaulting on his personal loan, while Florida resident Caleb McMeans was accused of failing to meet the terms of an agreement signed in January, according to the lawsuit. It is reported that McMeans took over in January...
On December 4th, Nemil Dalal, a former Coinbase product director, will join Y Combinator as a Visiting Partner to focus on the crypto space. "Personally, YC had a transformative impact on me in 2012. It allowed me to learn valuable lessons to build early-stage startups. This has been a great benefit for me to incubate products such as USDC, Coinbase Developer Platform and x402 later. It's great to give back to the YC community, it has given me a lot." Nemil Dalal worked at Coinbase for seven yea...
OpenAI's data center partners are accumulating nearly $100 billion in borrowings tied to the loss-making startup, while OpenAI itself is benefiting from a debt-fueled spending spree without financial exposure. Companies such as SoftBank, Oracle and CoreWeave have borrowed at least $30 billion to invest in the startup or help build its data centers, according to an analysis by the Financial Times.
Polymarket announced that it has now become the exclusive prediction market partner of Yahoo Finance.
Polymarket has announced that it has become the exclusive prediction market partner of the Professional Pickleball Association (PPA) and the Professional Pickleball League (MLP) to provide prediction market services for Pickleball events.
According to Bitcoin News, Blockstream Capital Partners has acquired Swiss bitcoin service provider Berglinde AG.
据 Bitcoin News 报道,Blockstream Capital Partners 收购了瑞士比特币服务提供商 Berglinde AG。
Inveniam Capital Partners acquired Storj to promote decentralized data infrastructure.
Inveniam Capital Partners收购Storj以推动去中心化数据基础设施。
Crypto ETF issuer WisdomTree announced that it has completed the acquisition of alternative asset manager Ceres Partners in a deal that will expand its business into exchange-traded products (ETPs), custody, and tokenization markets. The acquisition amount includes $275 million in cash and up to $225 million in profit consideration paid upon completion of the transaction. (Note: Earnings consideration is a common valuation adjustment mechanism in acquisition transactions. After paying the basic ...