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Tag: termination

An Abrupt End to Ferrari NV- Velas Network Deal; Reports Bloomberg

Ferrari NV’s Formula One Team and blockchain company Velas Network AG ended its ties The multi-year agreement with Velas to create digital content for...

FTX’s Next Bankruptcy Hearing: Deadlines, Leases, and SBF’s Attorneys Step Forward

Deadline extensions and auctioning distressed assets are on the schedule along with Sam Bankman-Fried’s attorneys entering the chat during the next FTX bankruptcy hearing.The...

Coinbase to cut 20% of its remaining workforce

Coinbase, the largest cryptocurrency exchange in the U.S., will be letting go of around 950 employees, or about 20% of its current workforce, as...

Huobi Global Reportedly Pressurizing Staff For Salary in Crypto

4 hours ago | 2 mins read Exchange News Workers are angry about this decision and have started protesting the company. Reports...

Core Scientific shuts down 37K mining rigs it was hosting for Celsius

Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs it had been...

OceanTech Acquisitions I Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination

NEW YORK–(BUSINESS WIRE)–On December 30, 2022, OceanTech Acquisitions I Corp., a Delaware corporation (the “Company”), caused to be deposited $125,000 into the Company’s Trust...

Busting Crypto Myths: “Bitcoin is Destroying the Environment”

Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently...

Inside Jobs, Cloud Abuse and Ransomware Attacks Are 2023’s Top Cybersecurity Threats

Persistent insider threats, cloud infrastructure misuse and abuse, and the sophistication of cyberattacks are fostering a riskier cyber environment for organizations worldwide.At Securonix, a...

Green Dot and Wealthfront Extend Relationship

Wealth management provider Wealthfront is extending its relationship with digital bank and banking-as-a-service provider Green Dot this week. Wealthfront originally tapped Green Dot...

BitMEX EX-CEO Alexander Hoeptner Sues Crypto Derivatives Platform

According to a court filing, former BitMEX CEO Alexander Hoeptner has filed a $3.4 million lawsuit against the cryptocurrency derivatives platform for breach...

Riot Games to terminate FTX sponsorship due to “reputational harm”

North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that...

Valaris Announces Contract Awards and Fleet Status Updates

HAMILTON, Bermuda–(BUSINESS WIRE)–Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with expected associated contract backlog to Valaris...

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