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Business · New York

FTX sues Voyager Digital to claw back $446 million in 2022 loan payments

60% Center coverage: 10 sources

Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8 million in loan repayments that FTX made before collapsing into bankruptcy in November 2022.See the Story

Finance

Russia's Sberbank to launch DeFi platform in coming months

100% Center coverage: 2 sources

Russia's largest bank Sberbank is preparing to launch its decentralized finance (DeFi) platform. The bank expects to launch open trials of its DeFi platform by May 2023. It appears to be unclear how the upcoming platform is going to be regulated because Russia is yet to come up with digital currency regulation.See the Story

Google

Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder – Bitcoin News

Anthropic, an AI safety and research company, has raised $300 million from Google. Sources say that the tech giant will get roughly a 10% stake in the AI company. In April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX.See the Story

Latest News Stories

Bitcoin

SHIB Jumps 13% on Saturday, Hitting a 4-Month High – Market Updates Bitcoin News

Shiba inu (SHIB) was one of the biggest movers in the market for a second consecutive session, with prices rising by as much as 13% today. Dogecoin also moved higher, breaking out of a recent ceiling in the process. The surge also led to a breakout of the relative strength index (RSI), which hit a 12-day high.See the Story

Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion – Fintech Bitcoin News

Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity. It expects to raise an additional $60 million from leading international investors. According to a statement, Chimera Abu Dhabi, a private investment firm that oversees a portfolio of listed and unlisted equities, invested more than $200 million.See the Story

Meta Calls 2023 a 'Year of Efficiency;' Anticipates More Losses in Its Metaverse Division – Metaverse Bitcoin News

Meta, the social company that owns Facebook, Instagram, and Whatsapp, reported mild positive results for Q4 2022. The company received revenues of $32.17 billion, higher than the $31.53 billion estimated. CEO Mark Zuckerberg declared 2023 a Year of Efficiency, hinting at a further restructuration of the company to focus on its AI and metaverse projects.See the Story

Bitcoin

Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services – Exchanges Bitcoin News

Cryptoforex trade Binance mentioned Friday that Indian crypto trade Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wzirx, has till Feb. 3 to remove the funds from the accounts that they used. The transfer adopted a public dispute relating to the connection between Binance and WazIRx.See the Story

Hacking

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

2023 saw the highest amount of cryptocurrency theft in history, with $3.8 billion being taken from crypto businesses. The majority of the stolen cryptocurrency, 82.1%, was a result of hacks on decentralized finance (defi) protocols. Captured By Kinjal Gandhi / 1:00 pm on 4 February 2023See the Story

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News

Binance has reentered the South Korean cryptocurrency market after a two-year absence with a significant investment in a licensed local crypto exchange. The recipient of the investment, Gopax, faced difficulties due to the failure of crypto exchange FTX and the bankruptcy declaration by crypto lender Genesis Global.See the Story

Kazakhstan Launches Session on Proposals to Enhance Crypto Buying and selling

Monetary authorities in Kazakhstan are beginning a public session on draft adjustments to the nation’s framework for digital-asset buying and selling. The proposals embody measures to cut back dangers within the crypto market and enhancements to the construction of trade platforms. Kazakhstan’s Monetary Hub Seeks to Amend Its Idea for Buying and selling Digital PropertySee the Story