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Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment


Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million. Genesis, which declared bankruptcy in January this year following...

600 Russians to Trial CBDC Next Week – Digital Ruble Pilot Begins


The Russian digital ruble pilot proper will begin next week, says the country’s Central Bank, with 600 citizens set to become the first people in the nation to use the CBDC. The bank said that the first transactions with the CBDC would be conducted on August 15, and that the pilot would initially...

Argentine Peso Plunges to Historic Lows as Uncertainty Rules Before Elections


The exchange rate of the Argentine peso reached historic lows Monday in a decline that took its exchange rate to almost 600 pesos per U.S. dollar. Economists state that the uncertainty of the upcoming elections caused key bagholders to hedge their portfolios with foreign currency. However, analysts...

Český startup Resistant AI uzavřel investiční kolo ve výši 600 milionů


Český startup Resistant AI získal další várku peněz. Londýnský fond Notion Capital vložil 11 milionů dolarů. Uzavřelo se tak investiční kolo series A, které Resistant AI rozjel koncem roku 2021. Tehdy do něj investoři vedení Googlem vložili 16,6 milionů dolarů. Celkově to tedy za toto kolo dělá...

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