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Crypto

Crypto lender BlockFills seeks restructuring after halting withdrawals

Crypto trading and lending firm BlockFills has asked consulting firm BRG for restructuring advice, The Block reported on March 6, citing the Financial Times. BlockFills temporarily halted customer deposits and withdrawals last month, citing "recent market and financial conditions". It also faces a lawsuit from client Dominion Capital, which alleges improper use of customer funds. The company has appointed BRG's Mark Renzi as chief innovation officer and plans to bring in new capital while strengthening governance and financial controls.

Crypto

Curve Finance warns PancakeSwap over alleged code theft, says proper licensing needed

Curve Finance has alleged that PancakeSwap used its code without authorisation, Cointelegraph reported on Thursday. Curve said PancakeSwap copied the StableSwap code used for swapping stablecoins and pegged assets in its latest decentralised exchange version, PancakeSwap Infinity. Curve said PancakeSwap should go through proper licensing procedures. PancakeSwap said it would consult with Curve, and discussions are ongoing.

AI & Enterprise

After Microsoft, Google to keep providing Anthropic AI outside defense projects

Google will continue providing Anthropic’s AI technology in areas excluding defense-related projects, following the U.S. Department of Defense’s designation of Anthropic as a supply chain risk. A Google spokesperson said the decision does not block cooperation with Anthropic outside defense projects and that Anthropic products will keep being offered through Google Cloud. Amazon, the top cloud provider, has not issued an official stance. Anthropic CEO Dario Amodei said legal action is under review.