Day: October 17, 2025

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U.S. prosecutors have subpoenaed Builder.ai’s former CFO as part of an ongoing investigation

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The post U. S. prosecutors have subpoenaed Builder. ai’s former CFO as part of an ongoing investigation appeared com. U. S. prosecutors are currently investigating the collapse of Builder. ai, a Microsoft-backed startup. Builder. ai’s former chief financial officer has been summoned by U. S. prosecutors and is expected to appear before a grand jury to assist the ongoing investigation into the AI firm’s collapse. U. S. prosecutors seek answers after AI startup’s sudden fall U. S. authorities have issued a subpoena signed by Jay Clayton, the U. S. attorney for the Southern District of New York, to Andres Elizondo, the former chief financial officer of Builder. ai. The summons is due to an expanding investigation into the financial collapse of the once high-flying artificial intelligence startup backed by Microsoft. Reportedly, Elizondo was ordered to appear before a grand jury in Manhattan in September. He served as CFO between 2021 and 2023 and was approached by FBI agents in August during a flight stopover in Dallas. Lawyers for Builder. ai previously indicated he remained in his post until July of that year, and the company had yet to appoint a permanent replacement at the time of its collapse. The agents reportedly handed him the subpoena in person. Elizondo was not considered a suspect or target in the investigation, but he has cooperated fully with authorities, according to a person familiar with the situation. Builder. ai, previously known as Engineer. ai, had positioned itself as a unique platform that could automate the creation of apps and websites using AI tools. Co-founded by Sachin Dev Duggal, who referred to himself as the company’s “chief wizard,” Builder. ai became one of the UK’s most celebrated tech startups, attracting investors including Microsoft and achieving a valuation of more than $1B at its peak. However, the company collapsed into insolvency in May 2025 after an internal review uncovered potentially fabricated sales and forced a significant reduction in its reported revenues to roughly a quarter of the.

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Gate Taps LayerZero to Launch Unique Decentralized Perpetual Exchange

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The post Gate Taps LayerZero to Launch Unique Decentralized Perpetual Exchange appeared com. LayerZero, an omnichain interoperability protocol, has collaborated with Gate Layer, a high-performance Web3-ready L2. The partnership is aimed at offering streamlined cross-chain trading to benefit developers and consumers with Gate’s exclusive Perp DEX. As Gate Layer mentioned in its official social media announcement, the new decentralized perpetual exchange will offer unparalleled withdrawals and deposits across noteworthy blockchains like BNB Chain, Base, Ethereum, and Solana. Hence, the strategic integration underscores a key step toward the development of an inclusive DeFi infrastructure to connect functionality and liquidity across the crypto sector. A global exchange with $9T in historical volume just built its decentralized perpetuals exchange on LayerZero. Running on its own L2, Gate’s new Perp DEX connects deposits and withdrawals Solana, Base, BNB Chain, and Ethereum all through LayerZero. pic. twitter. com/s1B528xObe LayerZero (@LayerZero_Core) October 17, 2025 LayerZero and Gate Layer Partner to Drive Cross-Chain Interoperability with Perp DEX In collaboration with LayerZero, Gate is powering its Perp DEX. Hence, the decentralized perpetual exchange leverages the interoperability and messaging protocol of LayerZero. As a result of this, it permits traders to reach diverse blockchain assets in a single platform, eliminating the usual barriers between ecosystems. The interoperability provided by this partnership is anticipated to fortify cross-chain liquidity, enhancing accessibility, efficiency, and fluidity of perpetual trading. Setting New Benchmarks for Decentralized Trading Innovation in Web3 Landscape According to LayerZero, the joint initiative pays considerable attention to fortifying Web3 infrastructure. In this respect, Perp DEX delivers seamless and secure interoperability, making decentralized trading smooth and strengthening liquidity providers. Ultimately, the partnership elevates the L2 network of Gate and sets the latest benchmarks for innovation in decentralized exchange in the Web3 sector. Source:.

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Curb 7 Little Words Answer

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Curb 7 Little Words Answer is. We hope this helped you to finish today’s 7 Little Words puzzle. You can find all of the answers for each day’s set of clues in the 7 Little Words section of our website. The post Curb 7 Little Words Answer appeared first on Try Hard Guides.

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Trump Reportedly Rebuffs Ukraine Missile Appeal After Putin Call: ‘Time To Stop…’

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President Donald Trump declined to supply Ukraine with Tomahawk missiles after a tense meeting with Ukrainian President Volodymyr Zelensky at the White House on Friday, according to a report. Putin Phone Call Preceded Decision According to sources cited by Axios, Trump initially indicated a willingness to provide the missiles but changed course after a phone call with Russian President Vladimir Putin before the White House meeting. Putin expressed strong opposition to Ukraine receiving the missiles. The White House did not immediately respond to Benzinga‘s request for comment. Meeting Described As Tense Two sources familiar with the meeting told Axios that Trump was “tough.” One described the meeting as “not easy,” while another called it “not good,” adding that at least “nobody shouted.” See Also: Trump Asks US Supreme Court To Approve Chicago National Guard Troop Deployment Trump made “several .