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Alameda Research to sell interest in Sequoia Capital to Abu Dhabi for $45M

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2 years ago

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The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.

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South Korea probes Upbit for 600K KYC violations

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36 minutes ago

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November 15, 2024

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Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

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FSB calls for stricter oversight against AI vulnerabilities

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2 hours ago

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November 15, 2024

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FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities.

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Don’t be delusional: Decentralization doesn’t compensate for regulation

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2 hours ago

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November 15, 2024

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DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature.

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