FTX customers sue Sam Bankman-Fried as part of Chapter 11 case

FTX customers sue Sam Bankman-Fried as part of Chapter 11 case

Customers of defunct cryptocurrency exchange FTX filed a bankruptcy claim in California, hoping to be among the first to collect some of the billions lost in the collapse of Sam Bankman-digital-asset Fried’s business. A group of four FTX clients urged a bankruptcy judge on Tuesday to decide that their interests in the Bahamas-based exchange are … Read more

Twitter no longer in the fast lane to bankruptcy, Elon Musk claims

Twitter no longer in the fast lane to bankruptcy, Elon Musk claims

Twitter leader Elon Musk recently declared the company is no longer in the fast lane to bankruptcy as the ‘expenses are basically under control’. The development comes only a month after the tech mogul discussed the potential of the social media network going bankrupt, topping a privacy regulator’s warning and the departure of the company’s … Read more

Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy

Bitcoin Miner Argo Will Avoid Bankruptcy With 0M Bailout from Novogratz’s Galaxy

Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after it agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. According to a statement given to CoinDesk, the miner will also receive a new $35 million loan from Mike Novogratz’s crypto-focused financial services firm, which will … Read more

Octopus Network Cuts 40% Staff

Octopus Network Cuts 40% Staff

Many successful cryptocurrency enterprises have had to downsize their employment in order to survive and continue expanding while we wait for the next coin surge. The most recently affected company was the Octopus Network, a decentralized app chain network built on the NEAR Protocol, which indicated that it would be “refactoring” to comply with the … Read more

HTG Molecular Diagnostics Completes $10M IPO

HTG Molecular Diagnostics Completes M IPO

HTG Molecular Diagnostics, a life science company advancing precision medicine through its innovative transcriptome-wide profiling and advanced medicinal chemistry technology, today announced the completion of its previously announced public offering of 1,290,322 shares of common stock (or pre-funded warrants in lieu thereof), Series A-1 warrants to purchase up to 1,290,322 shares of common stock and … Read more

Events.com Secures $100M Capital Investment from Global Emerging Markets (GEM)

Events.com Secures 0M Capital Investment from Global Emerging Markets (GEM)

Event technology pioneer Events.com announced today that it has received a $100 million capital commitment in the form of a Share Subscription Facility (SSF) from Gem Global Yield LLC SCS (GGY). Through acquisitions, partnerships, and organic initiatives, the SSF will accelerate the company’s growth strategy. Following an equity exchange listing, Events.com will be able to … Read more

Qualytics Raises $2.5M to Help Enterprises Improve Data Quality

Qualytics Raises .5M to Help Enterprises Improve Data Quality

Qualytics, the premier active data quality platform for organizations, said today that it has raised $2.5 million in funding led by Tech Square Ventures, with participation from Engage, Knoll Ventures, SaaS Ventures, and GRI Ventures. This is in addition to the existing investment group, which includes Inner Loop Capital, Propel Baltimore Fund, The LegalTech Fund, … Read more

Gynger Raises $21.7M to Improve How Companies Buy Software

Gynger Raises .7M to Improve How Companies Buy Software

Gynger, a business that finances software and infrastructure, said that it has raised $11.7 million in early funding and $10 million in debt financing. Gynger is emerging from stealth after quietly building its platform and customer base to assist entrepreneurs gain access to the resources they need to grow. Upper90 and Vine Ventures led the … Read more

ArenaCX Raises $4.2 Million in Funding

ArenaCX Raises .2 Million in Funding

ArenaCX, the world’s first outsourcing management platform, announced today that it has raised an additional $4.2 million in capital to drive future growth. Eagle Ventures, Sovereign’s Capital, Beyond Capital, Triangle Tweener Fund, and other investors contributed to the fundraising. ArenaCX has drastically transformed the talent outsourcing process since its inception in 2020. They’ve coupled a … Read more