Tag Archives: faces

Bitcoin (BTC) hugged a key long-term trendline on Sept. 7 as U.S. dollar strength hit its highest in six months.  BTC/USD 1-hour chart. Source: TradingView Bitcoin vs. 200-week moving average forms “million dollar question” Data from Cointelegraph Markets Pro and TradingView showed BTC price moves focusing on the area around …

Despite the recent wave of executive departures from Binance, the company said in June that it was embarking on a hiring spree with more than 2,000 available positions. Binance, the world’s largest cryptocurrency exchange, is experiencing another high-profile exit as Mayur Kamat, the Global Head of Product and Design, resigns …

The recent decision by the Bank of England (BoE) to increase interest rates has further compounded the issue of declining home sales in the UK. The UK housing market, which has been known for its resilience and fluctuating dynamics, is experiencing a significant downturn in demand for homes.  In a …

FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings. In an alarming development, the defunct crypto exchange FTX has fallen victim to a cybersecurity breach amidst the …

The lack of definitive information raised concerns about the depth of Atomic Wallet’s understanding of the breach and its ability to prevent similar incidents in the future. Non-custodial decentralized Atomic Wallet has reportedly found itself embroiled in a legal battle as aggrieved investors file a class action following a major …

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD).  A PayPal spokesperson told Cointelegraph that PYUSD is important because mainstream …

In the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), Judge Torres has granted the SEC’s request to file an interlocutory appeal. The decision, based on a review of the parties’ letters dated August 9 and 16, 2023, marks a significant milestone in the …

In a U.S. District Judge Lewis Kaplan ruling, Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, has been ordered to prepare for his upcoming fraud trial from within the walls of Brooklyn’s Metropolitan Detention Center (MDC).  This decision comes after allegations of tampering with witnesses while Bankman-Fried was out …

Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks. This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds …

Additionally, Airbnb is looking to leverage the power of OpenAI’s GPT-4 large language model to enhance its customer service department. Airbnb Inc (NASDAQ: ABNB), the pioneer of short-term home-rental platforms, announced its Q2 2023 earnings, revealing a notable booking shortfall in terms of Nights and Experiences. In its Q2 2023 …

Twitter’s billionaire owner, Elon Musk, has stated that he plans to make additional modifications to the website. One of the anticipated changes entails changing the company’s iconic blue bird emblem to “X.” In a significant development, X.com has been redirected to Twitter.com, driven by a noteworthy tweet from Musk. According to …

Sam Bankman-Fried faces a slew of criminal allegations, including fraud, bribery, and campaign finance offenses. Sam Bankman-Fried, the former CEO of the now-defunct FTX crypto exchange is embroiled in a legal battle with his former company’s lawyers. The attorneys have reportedly filed a lawsuit in Delaware bankruptcy court, accusing Bankman-Fried …