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OpenAI and Microsoft partner with Humane on wearable AI pin
10.11.2023
AI startup Humane launched the wearable virtual assistant AI Pin that is embedded with technology from OpenAI and cloud computing services from Microsoft
Stablecoin issuer Circle weighing up 2024 public launch: Report
8.11.2023
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out
Mind-Control Gaming Isn’t Sci-Fi, It’s Just Science
23.10.2023
This story is part of our new Future of Gaming series, a three-site look at gaming’s most pioneering technologies, players, and makers.Read more
Amazon to Invest up to $4 Billion in AI Firm Anthropic
27.9.2023
Amazon, the worldwide tech behemoth, has announced that it will invest up to $4 billion in Anthropic, an artificial intelligence (AI) firm that has developed Claude, a generative AI assistant. As part of this strategic partnership, Anthropic will train its models on top of Amazon silicon,...
Resident Evil 4 Remake Will Cost $60 On iPhone
26.9.2023
The Resident Evil 4 remake costs $60 for its iPhone 15 Pro port, as much as is charged for standard console editions.Read more
Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit
22.9.2023
Fenwick & West, a renowned Silicon Valley law firm, has denied allegations that it played a role in facilitating a fraud allegedly committed by bankrupt crypto exchange FTX.
The law firm has filed a motion to dismiss the lawsuit, claiming that its services provided to FTX were standard legal...
Bidding War: Scaramucci's SkyBridge Capital Competes for Silicon Valley Bank's VC Unit
18.9.2023
Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing for SVB Capital, the venture capital and credit-investment arm of SVB Financial Group, the former parent company of Silicon Valley Bank.
Aside from the two investment firms, San Francisco-based private-equity...
Scaramucci leads bidding for Silicon Valley Bank VC arm: Report
18.9.2023
Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the coming weeks
Apple Wants Its New iPhone To Be Your Next Gaming Device
13.9.2023
On September 12, Apple held an event showing off its entire line of iPhone 15 devices, including the iPhone 15 Pro, which features a USB-C port (thanks, Europe) and the ability to run modern AAA games like Death Stranding and the remake of Resident Evil 4. Apple predictably touted the news as...
Tether adds Bahamas-based private bank Britannia as partner: Report
30.8.2023
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer
Crypto Hubs 2023: Where to Live Freely and Work Smart
27.6.2023
With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
27.6.2023
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds
Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’
26.6.2023
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed...
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
23.6.2023
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
23.6.2023
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender
Biden to discuss dangers of AI in San Francisco meeting with experts
20.6.2023
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank's securities portfolio: Report
15.6.2023
Both regulatory bodies are inquiring into the activities of Goldman Sachs during its unsuccessful capital raise preceding the downfall of Silicon Valley Bank
As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking
9.6.2023
With traditional banks becoming more cautious about servicing the cryptocurrency industry, smaller regional banks and alternative payment service providers are stepping up to fill the gap.
In the US, Customers Bancorp, a Pennsylvania-based lender, has become a popular choice, having launched...
Stablecoins are a critical countermeasure to Operation Chokepoint
2.6.2023
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines
Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan
2.6.2023
In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate Bank has been given a ten-day deadline to submit a plan outlining its self-liquidation procedure and the systematic cessation of operations. This order from the central bank comes in...