CryptoNews

Crypto Titan Digital Currency Group Opposes Genesis' Restructuring Plan for Favoring Select Creditors

February 8, 2024
In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the company’s legal team charges Genesis with violating their fiduciary responsibilities and presenting the proposal in bad faith. DCG Raises…
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GamingNews

Flaunt raises $1.8M for enterprise loyalty cloud for Roblox and Shopify Plus

February 7, 2024
Flaunt has raised $1.8 million in funding to boost its enterprise loyalty cloud for Roblox and Shopify Plus. Indianapolis, Indiana-based Flaunt got funding in a round led by High Alpha, with participation from Square Deal Capital, Service Provider Capital, and executives at Roblox, among others. The additional funding is set to propel Flaunt’s growth and advance its mission to improve digital…
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AI & RoboticsNews

AMD unveils Embedded+ architecture for edge AI hardware

February 7, 2024
Advanced Micro Devices unveiled its brand new Embedded+ architecture, a fusion of AMD Ryzen Embedded processors with Versal adaptive System-on-Chips (SoCs) on a unified integrated board. These chips — a hybrid of PC processors and Xilinx programmable chips — are engineered to empower hardware companies looking to accelerate power-efficient AI applications. It’s aimed at enabling original…
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DefenseNews

Supplier bottlenecks threaten US Navy effort to grow arms stockpiles

February 7, 2024
WASHINGTON — If U.S. military planners’ worst-case scenario arose in the Pacific — having to defend Taiwan from a Chinese invasion — American military forces would target Chinese amphibious ships. Without them, according to Mark Cancian, who ran a 2022 wargame for the Center for Strategic and International Studies that examined this exact scenario, China couldn’t invade the neighboring…
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