LG CNS, XYZ Robotics Join Forces for Robot Logistics E-Commerce Business
Sep 18, 2023 08:41 am UTC| Business Investing
LG CNS Co. Ltd., the information technology services arm of LG Corporation, has signed a memorandum of understanding (MOU) with XYZ Robotics to jointly work on projects in the e-commerce logistics industry. Through the...
Animoca Brands’ Darewise Subsidiary Unveils Bitcoin Metaverse Token
Sep 18, 2023 08:03 am UTC| Business Digital Currency Investing
Animoca Brands subsidiary, Darewise, revealed it has created a groundbreaking Bitcoin-based Metaverse token. The company was able to set this up through strategic collaboration with Horizen Labs, the same group that...
NFL, YouTube Personalities Settle Lawsuit With Investors Over FTX Endorsement
Sep 18, 2023 07:06 am UTC| Business Digital Currency Investing
NFL and YouTube stars were sued by investors, alleging they had misled them through their endorsement of FTX. The investors apparently lost huge sums when the said crypt exchange firm collapsed last year. In the latest...
SEC Slaps 'Stoner Cats' Featuring Ashton Kutcher, Mila Kunis with $1M Fine Over NFT Controversy
Sep 15, 2023 05:02 am UTC| Economy Law Digital Currency Business Investing
The Securities and Exchange Commission (SEC) penalized Stoner Cats 2 LLC $1 million for an unregistered NFT offering that raised over $8 million. This comes after the cartoon series Stoner Cats captivated many with its...
Genesis Global Capital Halts All Crypto Services, Discontinues Trading Operations
Sep 15, 2023 04:33 am UTC| Business Digital Currency Investing
Genesis Global Capital, under the Digital Currency Group, declared an end to its crypto trading operations. In sync with this decision, the firm has ceased all related services. The move follows significant challenges,...
Arm's Nasdaq Debut Marks Strong Opening at $56, Gains Initial 10% Boost
Sep 15, 2023 04:09 am UTC| Economy Technology Business Investing
UK-based chip designer Arm celebrated its Nasdaq debut on Thursday, trading at around $56 per share, indicating a notable 10% surge that underscores investor faith. With this surge, the companys market capitalization...
Three Arrows Capital Founders Banned from Financial Roles in Singapore for 9 Years
Sep 15, 2023 03:59 am UTC| Business Investing Digital Currency
Singapores crypto hedge fund, Three Arrows Capital co-founders Kyle Livingston Davies and Su Zhu, face a lengthy ban for violating national securities laws. The prohibition impacts their roles in financial firms. Davies...
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