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Flash
  • 13:29
    YZi Labs: Official Notice Sent to 10X Capital and CEA Industries Shareholders Warned of Its Disruptive Actions
    Jinse Finance reported that YZi Labs has officially issued a notice to 10X Capital and reminded shareholders of CEA Industries, Inc. to pay attention to the disruptive actions of 10X Capital (the asset manager of the company). According to the disclosure, the notice outlines what YZi Labs believes to be significant or potential breaches of contract, serious violations of fiduciary duties, and deficiencies in transparency and corporate governance by 10X and its principals, including BNC CEO David Namdar and 10X founder and BNC board member Hans Thomas. YZi Labs' notice requires 10X to provide written confirmation by December 5, 2025, proving that it will comply with the BNB fund management strategy promised to PIPE investors and that there has been no improper disposal of BNB assets.
  • 13:20
    Ethereum treasury company ETHZilla acquires 20% fully diluted stake in Karus for $10 million
    Jinse Finance reported that Nasdaq-listed Ethereum treasury company ETHZilla Corporation has announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for automotive finance decision-making and portfolio analysis. The transaction counterparties are $3 million in cash and $7 million worth of ETHZilla common stock. After the transaction is completed, ETHZilla may explore businesses such as tokenized auto loans.
  • 13:19
    Parataxis Holdings announces acquisition of majority stake in South Korea's Sinsiway for approximately $27.3 million
    Jinse Finance reported that New York-based digital asset investment firm Parataxis Holdings has announced an agreement to acquire a majority stake in Korean data security company Sinsiway for 40 billion KRW (approximately $27.3 million), with plans to transform it into a publicly listed Ethereum reserve company. If approved by Sinsiway shareholders in January 2026, the company will be renamed Parataxis ETH, Inc. and retain its listed status, making it the first Ethereum-focused reserve platform in Korea supported by U.S. institutional capital. This move is part of Parataxis' strategy to bring digital assets to public markets, following the launch of Parataxis Korea, which focuses on Bitcoin reserves. The Ethereum-focused entity will center its strategy on holding Ethereum, bridging traditional finance and on-chain assets.
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