Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased by its former CEO Sam Bankman-Fried. On Nov. 28, BlockFi filed a lawsuit demanding Emergent Fidelity Technologies, Bankman-Fried's holding...
Crypto trading firm 3Commas denied its employees' stolen user's API keys, claiming the screenshots circulating on social media are fake, and urged affected users to file a police report in order to stop withdrawals in exchanges. In a blog post published on Dec. 11, 3Commas co-founder and CEO Yuriy...
NASA unveiled full-color images from the $11 billion James Webb Space Telescope (JWST) on Tuesday, marking the first of what is sure to be many releases from the super powerful optical instrument. But even taken by themselves, these five images mark a massive achievement and the culmination of...
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Opening arguments begin in Sam Bankman-Fried trial
The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States...
Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly...
After finding itself embroiled in a lengthy saga over how its star podcaster Joe Rogan spread COVID-19 vaccine-related misinformation on his show earlier this year, Spotify has announced a new initiative that could help it in situations like these in the future. It has formed a Safety Advisory...
Estate planning startup Wealth is going after a $180 billion U.S. market by eliminating the three-ring binder of papers that become obsolete in months and replacing it with a digital dashboard that updates your holdings in real time.
Many technology companies have come with their approaches to solving this...
On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis.Some traders might be feeling a bit celebratory...
Canada’s Office of the Superintendent of Financial Institutions (OSFI) has opened a consultation period on crypto asset disclosure requirements for federally regulated financial institutions (FRFIs). The consultation was foreseen in the 2023 federal budget, but its timing is tied to a similar enquiry initiated by the Bank for International...
South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within the country.The Ministry wrote in an official statement on Feb. 27 that funds will be spent...