
Groq Reaches $2.8 Billion Valuation After $640 Million Series D Funding Round
Aug 06, 2024 05:58 am UTC| Business Technology
Groq, a semiconductor startup, announced on August 5 it secured $640 million in a Series D funding round, raising its valuation to $2.8 billion. The round was led by Cisco Investments, Samsung Catalyst Fund, and BlackRock...

Elon Musk Takes Aim at Sam Altman: Refiles Explosive Lawsuit Against OpenAI
Aug 06, 2024 02:45 am UTC| Technology Business
Elon Musk has reignited his legal battle against OpenAI and CEO Sam Altman, filing a lawsuit alleging that the company prioritized private benefit over public interest in the development of ChatGPT. Musk, a billionaire,...

Aug 06, 2024 01:50 am UTC| Digital Currency Technology
Capula Management, Europes fourth-largest hedge fund, has invested nearly $500 million in Bitcoin ETFs, public filings reveal. Capula Management Invests in Bitcoin ETFs The fourth-largest hedge fund in Europe, Capula...

Trump Urges US to Hold Bitcoin: A Vital Asset for the Future, He Tells Adin Ross
Aug 06, 2024 00:58 am UTC| Digital Currency Technology
In an urgent message delivered during an interview with influencer Adin Ross, former president Donald Trump urged the government to retain its Bitcoin holdings, highlighting the critical importance of the asset for the...

1.53 Trillion SHIB in 24 Hours: Shiba Inu Transactions Surge Amid Market Instability
Aug 05, 2024 23:59 pm UTC| Digital Currency Technology
Shiba Inu (SHIB) has seen transactions exceeding 1.53 trillion SHIB within the last 24 hours, signaling intense market activity amidst significant volatility. Shiba Inu Faces Market Volatility Amid 1.53 Trillion SHIB...

Crypto Products Bleed $528M as Recession Fears Hit Hard, CoinShares Reports
Aug 05, 2024 22:17 pm UTC| Digital Currency Technology
CoinShares revealed a staggering $528 million outflow from crypto products last week due to recession fears. According to a new analysis by the crypto investment business CoinShares, cryptocurrency assets began seeing...

Bitcoin Plunge Warning: Analysts Predict Dip to $42K
Aug 05, 2024 21:32 pm UTC| Digital Currency Technology
Bitcoins recent sell-off might lead to further price declines, with analysts predicting a potential dip to $42,000. Bitcoin Sell-Off Sparks $42K Concerns The present Bitcoin sell-off, according to crypto experts,...