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Cryptocoins News / Blockchain  - 3 weeks ago

Schlotzsky’s franchisee cuts cash reconciliation time with ChatGPT Work

An independent Schlotzsky’s and Cinnabon franchisee used ChatGPT Work to speed menu repricing and build a workflow that could free up cash flow. (Read More)

Cryptocoins News / The Cointelegraph ​ - 3 weeks ago

Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a te...

Bitcoin News / Bitcoin.com - 3 weeks ago

Another Crypto Treasury Waves the White Flag as SkyAI Liquidates Its SOL

On Monday, Melville, New York-based SkyAI, a publicly traded U.S. fintech and digital asset treasury firm, announced its complete exit from solana (SOL) and unveiled an ambitious share buyback initiative that could return as much as $201.3 million to...

Bitcoin News / Bitcoin.com - 4 weeks ago

Bastion Opposes SkyAI Tender After 70% of Solana Treasury Sold

Bastion Trading, which owns about 9.99% of SkyAI, is opposing the company’s planned $3-per-share tender offer and questioning the sale of roughly 70% of its solana treasury. The investor wants more disclosure, board changes, and a higher tender price...

Cryptocoins News / CryptoNinjas - 1 month ago

Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban

Key Takeaways: Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments. Celsius’s previous chief executive is banned from engaging in trading activities in the crypto, securities and commodities market. Celsius...

Cryptocoins News / The Cointelegraph ​ - 1 month ago

New York permanently bars Celsius founder Mashinsky in $35M fraud settlement

The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities industries.Former Celsius CEO Alex Mashinsky has been permanently barred from the cryptocurrenc...

Bitcoin News / Bitcoin.com - 1 month ago

Celsius Founder Alex Mashinsky Gets Lifetime Ban From New York AG

Celsius co-founder and former CEO Alex Mashinsky is permanently barred from crypto and securities businesses under a New York settlement announced Oct. 9. The agreement follows investor losses tied to misleading safety assurances and exposes him to u...

Bitcoin News / Bitcoin.com - 1 month ago

Moody’s Gives Sky Protocol Its First Stablecoin Credit Rating

Moody’s has given Sky Protocol a B3 rating with a stable outlook, marking the agency’s first rating of a stablecoin protocol. But the report carries a sting: Sky held only about $90 million in tangible common equity against roughly $10 billion in tan...

Cryptocoins News / The Cointelegraph ​ - 1 month ago

CFTC issues warning over risky prediction market ‘mention’ contracts

The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches. The top US derivatives regulator has warned that prediction market co...