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Finance

The latest published reporting in this category.

Crypto

Binance Blocks MEXC Transfers After $16B Illicit Finance Allegations

Binance restricted dealings with MEXC after U.S. authorities alleged the exchange facilitated at least $16 billion in illicit transactions. The move followed a designation targeting MEXC’s access to the U.S. financial system. Binance Rejects MEXC Transfers and Withholds Deposits Binance said Nov. 10 that it was restricting transactions involving MEXC following the Financial Crimes Enforcement […]

Bitcoin.com News
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Finance

Federal judge allows Trump’s $10bn defamation lawsuit against BBC to proceed

Trump-appointed judge Jeffrey T Kuntz partially denies British broadcaster’s motion to dismiss over edit Federal judge Jeffrey T Kuntz ruled on Tuesday that Donald Trump’s lawsuit against the BBC can proceed, denying in part the British broadcaster’s motion to dismiss the case. The president’s $10bn defamation lawsuit stems from the BBC’s splicing together of disparate comments he made before the 6 January US Capitol insurrection, as rendered in a Panorama documentary called Trump: A Second Chance. “Accepting the allegations in the complaint as true, the Court finds Trump plausibly pled damage

The Guardian
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Finance

Edge AI Daily Morning News (November 11)

Anthropic is targeting Nasdaq (code ANT) by issuing 825 million shares at a price of US$70-78, including a US$26 billion private placement of seven chip and cloud giants, with a fundraising cap of approximately US$90 billion and a valuation of US$2 trillion. The U.S. dollar has retreated to the range of 1.2 trillion to 1.3 trillion U.S. dollars; the prospectus shows that the revenue in the first nine months was 33.2 billion U.S. dollars, and the net loss was 104 billion U.S. dollars. The 895.4 billion U.S. dollars of computing power commitment and the Q3 computing power cost accounting for 58% of revenue constitute a core contradiction. Fable 5.2 and Mythos 5.2 were released at the same time. A thousand-level agent built a bootable operating system from scratch in 8 days, completed the formalization of Fermat's last theorem in 30 hours, and the API price was reduced by 20%. Google launches TPUs four times a year and expands distribution with Gemini Intelligence. Meta uses Muse Ember to push competition to unit task costs. OpenAI acquires travel agency Odessia to build a closed-loop service. New York and Australia are simultaneously promoting mandatory AI regulation.

钛媒体
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Finance

Hong Kong IPOs Stall as Issuers Pull Deals at the Last Step

Companies that had cleared hearings and opened books are delaying listings, citing market conditions. Fresh first filings have gone quiet even as a long queue remains. Weak secondary demand, not a shortage of applicants, is resetting the calendar.

钛媒体
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