Month: July 2024

Bitfarms has introduced a new shareholder rights plan — a so-called poison pill strategy — to thwart Riot Platforms’ takeover attempt, according to a July 24 statement. The miner intends to issue new shares to dilute stakes if any entity, including Riot Platforms, acquires over 20% of its shares within the next six months. The […]

Meme coins have accumulated over $50 billion in assets.  The most popular tokens are the likes of Dogecoin, Shiba Inu, and Dogwifhat.  Poodlana aims to be the next big thing in the meme coin industry. Turns out, the easiest way of becoming a millionaire recently has not been investing in private equity or stocks. Instead, […]

CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred despite a 2020 agreement to halt onboarding high-risk customers. This is FCA’s first action under Electronic Money Regulations 2011 against a crypto firm. In a landmark decision, the Financial Conduct Authority (FCA) has fined the […]

Mistral AI’s latest model, Mistral Large 2 (ML2), allegedly competes with large models from industry leaders like OpenAI, Meta, and Anthropic, despite being a fraction of their sizes. The timing of this release is noteworthy, arriving the same week as Meta’s launch of its behemoth 405-billion-parameter Llama 3.1 model. Both ML2 and Llama 3 boast […]

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