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FTX estate sells majority stake in startup Anthropic for $884 million

FTX reached an agreement to sell the majority of its stake in the artificial intelligence startup Anthropic for $884 million. ....

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Terraform Goes on Trial in Fraud Case; Do Kwon Awaits Extradition in Montenegro

Terraform Labs Pte. goes on trial Monday over civil fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, while co-founder Do Kwon remains in Montenegro waiting to learn whether he’ll be extradited to the US or South Korea to face criminal charges. ....

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Business News: Rupee to go digital: What Budget's CBDC move signals

Rupee to go digital: What Budget's CBDC move signals : Rashtra News #Rupee #digital #Budgets #CBDC #move #signals Finance Minister Nirmala Sitharaman in her fourth budget speech announced that the Reserve Bank of India (RBI) will issue India’s own digital Rupee in Financial Year 2022-23. The digital Rupee is popularly known as Central Bank Digital ....

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WATCH: State Dept. holds briefing after U.S. sanctions Russian entities accused of enabling digital currency sanctions evasion

State Department spokesman Matthew Miller said Monday's action “reaffirms the G7 commitment to curtail Russia’s use of the international financial system to further its war against Ukraine. ....

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Blackrock says bitcoin will be a good portfolio diversifier despite its recent rally with stocks

Robert Mitchnick, BlackRock's digital assets lead, discusses what bitcoin correlations and risk mean for investors' portfolio construction. ....

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