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$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery

0M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for RecoveryJames Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $500M Bitcoin Hard Drive James Howells, an […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

Google Backs AI Firm Anthropic With 0 Million, Following Series B Investment From Controversial FTX Co-FounderAs the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

Hashkey Capital Raises 0 Million for Its Third Fund, Despite Crypto Market DownturnOn Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

Sequoia Capital Designates 0-600 Million to Crypto Fund Focused on Liquid Digital AssetsOn February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Plans to Raise 0 Million in Debt Market to ‘Accelerate Growth Initiatives’Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

Marathon Plans to Raise 0 Million From Convertible Senior Notes to Buy Bitcoin and Mining RigsOn Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S. […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper