Kingkey Financial International, a Hong Kong-listed company, announced that its wholly-owned subsidiary, Leading Tide Group Limited, has entered into a formal agreement with a number of parties, including SIAM AI Corporation Company Limited, Venture Hub, FCGM Strategic Investment Pte. Ltd. and Boy-Long. Each party has agreed to establish a joint venture company to focus on operating and managing graphics processing unit (GPU) server clusters and integrating artificial intelligence (AI), green fi...
FTX and its affiliated debtors said in a notice that its revised reorganization plan, filed with the Bankruptcy Court of the U.S. District Court for the District of Delaware, received majority support from all classes of creditors eligible to vote, including FTX US and FTX Dotcom's customer classes. Citing unofficial voting reports, FTX said more than 95 percent of creditors who had submitted votes were in favor of the plan. That represented 99 percent of the value of the claims that had been vo...
A network of affiliated church organizations called Colorado House of Prayer has tokenized its main church in an attempt to buy the $2.50 million building. Pastor Blake Bush, who led the project, said he was driven by a higher power to use blockchain technology as a tool to advance the group's mission. The 11,457-square-foot building, known as the "Old Stone Church" for its stone exterior, was 2.20 million by the current owners in 2022.