Class A shares of retail stocks continued to strengthen, Dalian friendship, ZTE business afternoon limit, Hualian shares, Ginza shares, Yimin Group previously sealed the board, Maoye business, Guoguang chain and other top gains.
Vancouver passed a bill to become a "bitcoin-friendly city". Ken Sim, Vancouver's mayor, said at a city council meeting on December 11 that "we face affordability challenges and I firmly believe that bitcoin can solve our challenges, both financially and affordability." Vancouver Mayor Ken Sim has urged the city council to explore integrating bitcoin into municipal finance strategies, highlighting the potential of cryptocurrencies to enhance financial stability in a volatile fiat market. On Dece...
The leaders of two major Wall Street regulators may both be friendly to the crypto community!
Travala, a crypto-friendly travel booking platform, has announced plans to launch a dedicated bitcoin reserve as it celebrates annual revenue exceeding $100 million. In addition, Travala has launched a new bitcoin "Treasury Reserve Program" and Travala's native token, Ava (AVA), aimed at strengthening its financial base and accelerating future growth.
With the crypto-friendly Mr. Trump back in the White House, Wall Street is poised to launch a new generation of risky products that cater to investors from institutional novices to die-hard retail investors. Executives and lawyers involved in ETFs say they describe products ranging from defensive ETFs for crypto-curious professional fund managers to full-spectrum speculative bets for self-described depraved gamblers. Industry investors and lawyers say the wind...
Trump is considering appointing a CFTC chairperson who is friendly to cryptocurrencies.
Crypto-friendly travel booking platform Travala has integrated with Solana and expanded to a third network in addition to Ethereum and BNB Chain. Travala CEO Juan Otero made the announcement during a panel at the Solana Breakpoint conference in Singapore on Saturday. The integration will allow users to book flights, hotels and accommodation using Solana-based assets, including SOL, USDT and USDC. Users can also earn up to 10% of their booking value in SOL travel rewards through its loyalty progr...
Silvergate Capital, the parent company of crypto-friendly bank Silvergate, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court in Delaware, with assets estimated to be between $100 million and $500 million and liabilities between $10 million and $50 million. The bankruptcy stems from the serious damage to the reputation of its subsidiary Silvergate Bank following liquidity problems and the collapse of crypto exchange FTX. Silvergate has previously been close to the crypto i...
According to Lookonchain, the friend.tech team sold a total of 19,477 ETH ($52.4 million) between December 2, 2023 and June 11, 2024.
In response to the "Psyops Capital CEO tuba for friend.tech founder Racer", ZachXBT commented on the X platform: "The FT team rarely puts in the effort to make meaningful updates and engage with the community (for example: look at the dynamics of the X account, the same post has been posted every day for several months). Earlier, it was unacceptable for users to have a large number of accounts hacked because 2FA verification was not enabled, but they did nothing to help the victims (many users' ...
friend.tech posted on social media that it has no plans to shut down or stop friend.tech web application, and has guaranteed through code parameter settings that no changes will be made to smart contracts deployed on Base in the future, increasing or incurring new fees. The above actions will not affect the functionality of the current friend.tech web application in any way.
NDV Christian posted on social media, "I lost $500,000 on Friend.Tech. First and foremost, I know that all my profits come from community members who believe in and value the vision of decentralized social power. Second, I knew that Racer (Friend.Tech founder) might not be capable of developing a killer app, but I never imagined that he would "cut leeks" so unethically. I thought the community would recover from it, but he completely destroyed all possibilities for a CTO. I just...
According to market information, FRIEND fell 25.6% in the past 24 hours and is now quoted at $0.06668, the market value fell to $6.29 million, and the 24-hour turnover was only $221,000. The platform has largely shut down Friend.Tech developers gave up control of smart contracts.
OpenAI is in talks to revamp its corporate structure to make it more investor-friendly. The company is currently moving forward with a multi-billion dollar funding round and hopes to maintain its lead over Google and other competitors. Three sources said OpenAI has been in communication with investors about the adjustment. While no agreement has been reached on the final form, they said the adjustment could be more attractive to financial backers by simplifying the company's current complex nonp...
British fintech startup and crypto-friendly bank Revolut has told employees that the company will issue shares at a valuation of $45 billion.