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Sam Bankman-Fried's parents seek to dismiss FTX lawsuit against them
Sam Bankman-Fried's parents seek to dismiss FTX lawsuit against them

Quick Take Joseph Bankman and Barbara Fried, both Stanford Law School professors, argued that the familial relationship is “not actionable” and denied involvement in allegedly fraudulent transfers. Debtors of FTX and Alameda Research sued the parents in September 2023 to recover damages.

The Block·2024/01/17 08:31
Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security
Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security

The minimum staking threshold needed to run a validator has now dropped to 50k FTM.

Cryptopotato·2024/01/17 08:19
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC

Trading for newly launched spot Bitcoin exchange-traded funds has been booming in the three days since they went live on exchanges.

Cryptopotato·2024/01/17 08:19
Ethereum devs implement Dencun upgrade on Goerli testnet, activating 'proto-danksharding'
Ethereum devs implement Dencun upgrade on Goerli testnet, activating 'proto-danksharding'

Quick Take: Ethereum core developers deployed the Dencun upgrade, incorporating proto-danksharding (EIP-4844) on the Goerli test network. This serves as a precursor to the anticipated release on the Ethereum mainnet, expected in the first quarter of 2024.

The Block·2024/01/17 07:48
Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’
Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’

Garlinghouse accused Gensler of not acting in "the best interest of the citizenry" and hindering the "long-term growth of the economy."

Crypto Slate·2024/01/17 00:38
Flash
20:48
According to a filing submitted to the U.S. Securities and Exchange Commission, biotechnology company Arvinas Holding Company LLC, pharmaceutical giant Pfizer, and Rigel Pharmaceuticals obtained approval under the Hart–Scott–Rodino Antitrust Improvements Act on June 11, 2026.
This key development has removed regulatory obstacles for all parties to advance the previously announced licensing agreement. The conclusion of this agreement marks a new substantive phase in the related cooperation. Passing the HSR antitrust review is a crucial step in strategic collaborations involving intellectual property and market access. This usually means that regulatory authorities have determined the transaction will not materially harm competition in the relevant market. With this regulatory threshold crossed, all parties are expected to accelerate implementation of the detailed terms of the licensing agreement, boosting progress in related R&D or commercialization projects. This dynamic is being closely watched by industry observers.
20:48
According to documents submitted to the U.S. Securities and Exchange Commission, Trinity Industries Inc has successfully signed a credit agreement, obtaining an unsecured revolving credit line of up to $600 million.
This agreement provides the company with significant financial flexibility to meet its working capital requirements, general corporate purposes, and other strategic objectives.
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