The news is full of stories regarding yesterday’s call by WeWork to its landlords serving notice that they were seeking to renegotiate nearly all their leases. This was accompanied by a letter from WeWork CEO David Tolley who stated inter alia that “[a]s part of these negotiations, we expect to exit unfit and underperforming locations”
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Bitcoin, Ethereum and Dogecoin were seen largely flat on Tuesday evening as the global cryptocurrency market cap inched up 0.4% to $1.04 trillion at the time of publishing.CryptocurrencyGains +/-Price (Recorded 10:28 p.m. EDT)Bitcoin BTC/USD -0.12%$25,761.27Ethereum ETH/USD +0.05%$1,635.75Dogecoin DOGE/USD -0.93%$0.06 What Happened: The cryptocurrency news landscape on Tuesday was largely dominated by The Financial Accounting Standards
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Sam Bankman-Fried, thefounder of the collapsed FTX, now has improved access to a laptop and internet, according tothe U.S. Department of Justice(DOJ), CoinDesk reported. The DOJ has responded to ajudges order for a reporton the conditions faced by Bankman-Friedat the Manhattan Detention Centerin Brooklyn. The crypto executive, whohas been in jail sincemid-August, will now haveaccess
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In a significant move towards modernizing cross-border financial transactions, payments giantVisa IncV announced on Tuesdayits plans to extend its stablecoin settlement capabilities to the Solana SOL/USD blockchain. This development came in collaboration with major merchant acquirers, Worldpay and Nuvei. Visa's recent endeavors have seen millions of Circle USDC/USD being transacted between its partners over both
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Last Thursday,True North United Investments LLC filed a complaint through its attorneys on behalf of Blockchain Game Partners (BGP), Inc. and investors in Gala Gamesagainst Gala Games CEO and Co-founder Eric Schiermeyer. The complaint alleges corporate waste, conversion, and unjust enrichment, and calls for the removal of Schiermeyer as a director and president of BGP.
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Expanding its early 2023 collaboration with Abu Dhabi-based AI company G42, Microsoft CorpMSFT has taken the next step with a plan thatwould include sovereign cloud offerings and co-innovate and generate advanced AI capabilities leading to the expansion of existing data center infrastructure in the UAE across sectors. Theaim is to accelerate the UAE'sdigital transformation and
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The race for the United States’ first spot Ethereum exchange-traded fund has officially begun after new 19b-4 filings by the Chicago Board Options Exchange (CBOE), which will “ultimately start the clock” for an SEC decision.   On Sept. 6, the CBOE filed two 19b-4 applications to the United States securities regulator, requesting for the ARK 21Shares Ethereum
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