FTX is seeking to sell LedgerX and three other entities in its bankruptcy proceedings, according to a court filing Thursday. The company asked the bankruptcy court Thursday to approve bid procedures for the sales of the entities. In addition to LedgerX, the company is also aiming to sell custody and clearing firm Embed Technologies, FTX Japan and FTX Europe. Dozens of firms have expressed...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
New York Regulator Investigating Crypto Exchange Gemini
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
China’s Baidu to Launch ChatGPT-like Service
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