BitMEX, the crypto exchange known for inventing perpetual swaps, announced it will permanently close on September 23, 2026. Following the news, its native $BMEX token plummeted about 98%, reflecting the end of an 11-year era in crypto derivatives trading. The exchange halted new registrations and urged users to close positions and withdraw funds before the shutdown, after which any open positions will be forcibly closed. The closure follows years of regulatory challenges and increased competition, highlighting the risks of holding tokens tied to centralized platforms' survival.
Multiverse Computing announced that its CompactifAI-compressed Llama 3.3 70B AI model now runs efficiently on Intel Xeon 6 processors, nearly doubling throughput and halving latency compared to the uncompressed version. This breakthrough reduces the ...
project44 introduced Mo, a conversational AI supply chain analyst integrated into its platform, designed to provide fast, accurate answers by analyzing customers' own shipment data and business rules. Mo leverages the world's largest real-time logist...
SINTX Technologies has engaged Southern Metrics Consulting, led by veteran MedTech executive Chris Lyons, to establish and manage a Strategic Opportunity Management Program. This program aims to systematically identify and evaluate growth opportuniti...
Tenable Holdings has partnered with Cisco by joining its SolutionsPlus program, enabling Cisco customers to transition smoothly from vulnerability management to Tenable's advanced exposure management platform, Tenable One. This platform uses AI-power...
GCM Grosvenor successfully closed its inaugural Credit Secondaries Fund, raising $1.2 billion in commitments. This fund leverages the firm's 40 years of credit investing experience and $17+ billion credit platform to invest in private credit secondar...
