Investment giants and sovereign wealth funds are showing a keen interest in acquiring FTX’s shares in Anthropic, an artificial intelligence startup rivaling OpenAI. FTX invested $500 million in San Francisco-based Anthropic three years ago, securing an 8% stake. The value of that stake has since doubled to over $1 billion. Class B shares, which lack voting rights, are now...
SINGAPORE (The Straits Times/ANN): The mercury hit 36.3 degrees C in Choa Chu Kang on March 24, the highest temperature Singapore has experienced so far in 2024. According to information available on the Meteorological Service Singapore (MSS) website, the sweltering record-high heat was recorded in the north-western estate at 2.41pm. Before this, the highest temperature of 2024...
SINGAPORE (The Straits Times/ANN): Hong-Kong based Greater Bay Airlines (GBA), a low-cost carrier, will launch flights between Singapore and Hong Kong on April 26. One-way fares will start at HK$480 (S$82 - RM288). Founded by Chinese property mogul Wong Cho Bau, who also owns the Shenzhen-headquartered Donghai Airlines, GBA joins carriers Singapore Airlines, Scoot and Cathay...
Floki’s roadmap reveals plans for launching digital banking accounts that can be topped up with FLOKI tokens. The accounts aim to allow transactions in major currencies such as dollars, euros, and sterling. Floki will introduce debit cards and staking services as a critical component of its expansion, marking its transition from a meme coin to a comprehensive cryptocurrency...
Meme coins on Solana continue to epitomize crypto’s infamous gambling aspect, where participants may make or lose a fortune with a few clicks. Lookonchain highlighted a trader’s loss of 263.5 Solana (SOL) valued at $46,000 after investing in meme coin LADYF on March 22. The crypto user bought over $50,000 worth of the meme token shortly...
The world’s largest asset management company, BlackRock, has increased the amount of Bitcoin on its balance sheet. According to the website, BlackRock has increased the amount of Bitcoin (BTC) in its iShares Bitcoin Trust (IBIT) to 242,829. The volume of assets under management in the fund’s spot Bitcoin ETF reached $15.5 billion at the current exchange rate. Source: iShares Fox...
Bitcoin and Ethereum options worth early $2.6 billion in notional value expired today amid a broader market pullback. According to Greeks.live, 25,000 BTC options expired, showcasing a Put Call Ratio of 0.56. The ratio indicates a higher interest in call options than puts, suggesting optimism among a segment of investors. The Max Pain point stood at $67,000 with...
Bitcoin declined over 5% on March 22 as spot ETFs recorded negative numbers for the fourth consecutive day, mainly due to Grayscale GBTC exits. According to SoSo Value, 10 spot Bitcoin (BTC) ETFs marked $93.8 million in cumulative single-day outflow during trading on March 21. Grayscale’s GBTC accounted for most of the BTC ETF share liquidation, amounting to $358...
A crypto millionaire participates in Option2Trade’s (O2T) $888k giveaway, reflecting a trend of heightened interest in high-value crypto contests, underscoring broader community dynamics. A Filecoin (FIL) millionaire, having already navigated the highs and lows of the crypto market to amass substantial wealth, has set their sights on a unique opportunity: the $888k giveaway by the exchange...
Sam Altman’s Worldcoin unveiled a new personal data custody feature and made the core software of its iris-scanning Orb open source. Worldcoin‘s Orb scans individuals’ irises to create World IDs, biometrically unique accounts aimed at establishing a global basic income through the distribution of its WLD token. During a time of skepticism and regulatory scrutiny, particularly over...
