Ripple's co-founder has reportedly invested in a company founded by the son of a US senator.
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Ripple co-founder Chris Larsen reportedly invested in derivatives trading platform APEC.
According to ChainCatcher, Ripple co-founder and executive chairman Chris Larsen has reportedly invested in American Perpetuals Exchange Corp. (APEC), a derivatives trading platform founded by Theodore Gillibrand, son of New York Senator Kirsten Gillibrand. The platform has raised $300 million, with most investors contributing between $5,000 and $10,000. The amount of Chris Larsen's investment is unknown. Previously, Kirsten Gillibrand publicly stated that "it is unacceptable for members of Congress and government officials to profit from the industry as insiders," but his spokesperson responded that Gillibrand had "no involvement" in his son's business.
OKX Star: Will donate at least 1 BTC to the first "one-person company" to achieve annual revenue of one million US dollars by _2024111120230_|
Odaily Odaily reports that OKX founder and CEO Star announced on OKX that the first "one-person company" (OPC) to achieve annual revenue of $1 million on the platform will receive a reward of at least 1 BTC from their personal donation. Star stated that every major technological revolution gives rise to a new generation of entrepreneurs and believes that the AI era will create millions of "one-person companies." The Genesis Hackathon has reportedly launched, allowing developers to build Agent Service Providers (ASPs) around the Genesis platform. The event boasts a total prize pool of $100,000 and aims to encourage AI Agent projects with real-world needs and practical value, thus promoting the development of the Agent economy.
Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.
BWENEWS AI: Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.
Equation News founder Vida: Personal AI programming tools cost over $10,000 in the past three months.
According to Foresight News , Vida, the founder of Formula News, published an article titled "Where Did Vida Go?", revealing that he has been deeply involved in AI programming development over the past three months. During this period, his personal account has spent over $10,000 on tokens on OpenAI Codex and Anthropic Claude Code. He has also put his previously conceived projects and game assistance tools into practice and given away multiple Codex subscriptions to relatives and friends in China.
Fhenix acquires FHE infrastructure company Sunscreen, whose founder will become head of research.
According to Foresight News , Fhenix, a fully homomorphic encryption (FHE) Layer 2 project, has announced the completion of its acquisition of FHE infrastructure company Sunscreen. The specific acquisition amount was not disclosed. Sunscreen founder Ravital Solomon has joined Fhenix as Head of Research. Fhenix stated that this acquisition is expected to enhance its research and development capabilities in the field of on-chain privacy computing. Sunscreen focuses on applying fully homomorphic encryption technology to the blockchain field. It is one of the early explorers in this field and has also developed relatively advanced compiler technology in the ecosystem, aiming to lower the barrier to entry for developers to use cryptographic computing.
Citadel Securities is seeking over $7.9 million in damages from former employees who founded the crypto company.
Odaily Odaily that Citadel Securities has filed a lawsuit in London against Leonard Lancia, former head of its European derivatives systematic market making team and co-founder of high-frequency crypto trading firm Portofino Technologies, seeking over £6 million, or approximately $7.9 million. Citadel Securities accused Leonard Lancia and his colleagues of planning their startup while he was still employed by the company, and won a labor arbitration case, receiving damages and legal costs. In addition, Citadel Securities filed a lawsuit against Portofino Technologies in the United States in 2023, accusing it of stealing trade secrets. Leonard Lancia and Portofino Technologies have denied all allegations. The London High Court rejected Leonard Lancia's request last Friday to lift the asset freeze order. (Bloomberg)