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SEC, CFTC Chiefs Quash Merger Speculation, Combat Market Anxiety

SEC, CFTC Chiefs Quash Merger Speculation, Combat Market Anxiety

The nation's top financial regulators delivered a resounding rejection of consolidation rumors Monday, as Securities and Exchange Commission Chair Paul Atkins and acting Commodity Futures Trading Commission Chair Caroline Pham sought to calm mounting speculation about a potential agency merger that has rattled cryptocurrency markets for weeks.

Core Scientific (CORZ) Stockholders Reject Merger with CoreWeave

Core Scientific (CORZ) Stockholders Reject Merger with CoreWeave

Core Scientific's stockholders did not approve the proposed merger with CoreWeave, according to preliminary results from a special meeting.

Animoca Brands to List on Nasdaq via Reverse Merger with Currenc Group

Animoca Brands to List on Nasdaq via Reverse Merger with Currenc Group

Animoca Brands announces a strategic plan to list on Nasdaq through a reverse merger with Currenc Group Inc., aiming to strengthen its position in the crypto industry.

Currenc Group and Animoca Brands Announce Strategic Reverse Merger Plan

Currenc Group and Animoca Brands Announce Strategic Reverse Merger Plan

Currenc Group Inc. and Animoca Brands Corporation Limited have revealed a non-binding term sheet for a proposed reverse merger, aiming to create a Nasdaq-listed digital assets conglomerate.

Hong Kong Banks Implement Emergency Measures for Tai Po Fire Victims

Hong Kong Banks Implement Emergency Measures for Tai Po Fire Victims

In response to the Tai Po fire, Hong Kong banks introduce six emergency support measures to assist affected residents, including repayment grace periods and extended service hours.

Hong Kong Banks Implement New Measures for Tai Po Fire Victims

Hong Kong Banks Implement New Measures for Tai Po Fire Victims

In response to the Tai Po fire, Hong Kong banks have introduced additional measures to support affected individuals, including expedited account handling and flexible credit support.

Crypto Mining Firm Primeblock To List via SPAC Merger in $1.25 Billion Deal

Crypto Mining Firm Primeblock To List via SPAC Merger in $1.25 Billion Deal

PrimeBlock is joining the special purpose acquisition company (SPAC) boom to access more capital via the public market.

AI in Emergency Medicine: Evaluating ChatGPT and Google Bard

AI in Emergency Medicine: Evaluating ChatGPT and Google Bard

A study reveals ChatGPT and Google Bard's performance in mass casualty incident triage is significantly different, with Google Bard outperforming ChatGPT with a 60% accuracy rate, highlighting the need for continued advancement and human supervision in AI's healthcare integration.

JP Morgan Executive Warns of Banking Collapse

JP Morgan Executive Warns of Banking Collapse

Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues.

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

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