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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Genesis Takes Legal Action Against DCG Over $600M Debt Dispute

In a legal dispute that unfolded on Wednesday, Genesis Global Capital, the bankrupt cryptocurrency lending unit, has filed a lawsuit against its parent company, Digital Currency Group (DCG), and DCG International Investments Ltd. This move comes as both parties are in negotiations over the repayment of loans exceeding $600 million, which matured in May.

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  Posted by u/ one year ago

Bankman-Fried To Remain In Jail Amid Ongoing Legal Feud

In a recent ruling, the Court of Appeals for the Second Circuit has decided that Sam Bankman-Fried, former FTX CEO, must remain in Brooklyn's Metropolitan Detention Center until federal appellate judges consider his motion for pretrial release.

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  Posted by u/ one year ago

Rumor: Is Polygon Foundation Selling Nearly $6M MATIC?

According to data, the Polygon Foundation had deposited nearly $6 million in MATIC on the Binance exchange.

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  Posted by u/ one year ago

Excitement Builds As BAYC Delays HV-MTL Rift Opening For A Glitch-Free Experience

The Bored Ape Yacht Club (BAYC) has announced a delay in the highly-anticipated opening of the HV-MTL Rift, originally scheduled for today. These unique NFTs from another world can evolve based on their owner's choices, offering distinct skills and personalities.

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  Posted by u/ one year ago

Celsius Network?s $439 Million Battle: Crypto Lender Sues EquitiesFirst For Asset Recovery

Bankrupt crypto lender Celsius Network has taken legal action against lending firm EquitiesFirst Holdings in a bid to recover assets, as revealed in a bankruptcy court document filed recently.

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  Posted by u/ one year ago

Polygon CEO Rejects Polygon Foundation Selling 10.6 Million MATIC

Polygon Labs CEO Marc Boiron clarified that the MATIC sale address did not come from the Polygon Foundation.

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  Posted by u/ one year ago

Layer 2 Connext Released Sybil Attack Analysis During Claims

Layer 2 Connext has released a post-mortem analysis of the airdrop claim issue on the X platform following yesterday's Sybil airdrop attack.

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  Posted by u/ one year ago

Ethereum Programming Language Vyper New Version Released v0.3.10

According to the documentation, Vyper v0.3.10 is a performance focused release.

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  Posted by u/ one year ago

Whale Deposited 4.5M Worldcoin (WLD) To 3 Exchanges As Price Soars More Than 27%

A Worldcoin (WLD) market maker transferred 4.5 million WLD to 3 CEX, equivalent to about $6.07 million.

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  Posted by u/ one year ago

Coinbase Layer-2 Base Suffers First Major Outage Since Launch

The recently launch Coinbase layer-2 network Base has suffered its first major outage lasting just under two hours.

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  Posted by u/ one year ago

DOJ Claims Sam Bankman-Fried Has Sufficient Access to Laptop in Response to Jail Release Request

The USÂ\xa0Department of JusticeÂ\xa0has claimed thatÂ\xa0Sam Bankman-Fried, the disgraced founder of now-defunct crypto exchangeÂ\xa0FTX, has sufficient access to a laptop computer for his defense.

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  Posted by u/ one year ago

Nima Capital Dumps 9M SYN Tokens Sparking Rug Pull Concerns

The VC firm went offline after dumping the tokens and pulling all stablecoin liquidity from the bridge.

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  Posted by u/ one year ago

Lido on Solana Seeks $1.5 Million Financial Aid to Continue Operations

The Lido on Solana project risks shutting down die to financial strain, after the winding down of Lido on Kusama and Polkadot.

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  Posted by u/ one year ago

Israeli Cyber Crime Unit Ceases Crypto Scam That Wiped Out Millions From Investors

The probe involved officials from the Israel Money Laundering and Terror Financing Prohibition Authority, the Israeli Tax Authority and the Bavarian Cyber-Warfare Unit of the German police.

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  Posted by u/ one year ago

Big Deal? G20 Chair India Confirms Active Discussions for Global Crypto Framework

G20 members are working on developing a comprehensive global cryptocurrency framework.\xa0

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  Posted by u/ one year ago

Gleen Raises Funds with Tech-Savvy Chatbot for Discord and Slack, Solana Founder Invests

Gleen, a chatbot service based in California, has secured $4.9 million in funding in an oversubscribed round.

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  Posted by u/ one year ago

Today in Crypto: SOMA Finance to Offer 'Legally Issued and Compliantly Structured Digital Security', Microsoft Unveils 'Heavy-Metal Quartet' of AI Compilers

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Consensys Goes for Builder Nights Tour 2023 to Tackle Account Abstraction and More

Consensys unveils Builder Nights to foster Web3 adoption and propel productive tech-focused discussion.

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  Posted by u/ one year ago

USDC Launches on Base And Optimism

The launch was announced by Circle?s CEO last week.

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  Posted by u/ one year ago

Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term.

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  Posted by u/ one year ago

India?s $775 Billion Stock Boom at Risk as Small Caps Overheat

India?s $775 Billion Stock Boom at Risk as Small Caps Overheat

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  Posted by u/ one year ago

JPMorgan Says ?Trailblazing? Rules to Boost India?s ESG Market

JPMorgan Says ?Trailblazing? Rules to Boost India?s ESG Market

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  Posted by u/ one year ago

Stocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets Wrap

Stocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets Wrap

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  Posted by u/ one year ago

Senate advances Biden Fed picks

Senate advances Biden Fed picks

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  Posted by u/ one year ago

McConnell publicly vows to 'finish' term after private update to Senate GOP

McConnell publicly vows to 'finish' term after private update to Senate GOP

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  Posted by u/ one year ago

Utah Republicans block Trump critic from Congress

It may have been a 2020 vote for Biden that did her in.

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  Posted by u/ one year ago

'Oil and water': Two of Donald Trump's Georgia co-defendants get trial date

Donald Trump and some of his co-defendants argue their cases should be held separately to receive fair trials.

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  Posted by u/ one year ago

'Crisis': DeSantis scrambles on the campaign trail as he tries to catch Trump

After a campaign suspension due to a mass shooting and a hurricane, DeSantis still finds himself far behind Trump and fighting off other Republicans.

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  Posted by u/ one year ago

A 'trick' on Trump? Why groups are trying to keep him off state ballots

Various groups are preparing lawsuits and petitions designed to persuade states to deny Trump access to the ballot because of the Jan. 6 insurrection.

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  Posted by u/ one year ago

Mask-less Joe Biden flouts CDC protocol as first lady recovers from COVID

President Joe Biden joked about not wearing a face mask in public days after first lady Jill Biden tested positive for COVID-19.

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  Posted by u/ one year ago

Donald Trump is willing to debate Meghan Markle - but not GOP rivals

The 2024 Republican front-runner, who skipped last month's GOP debate, cast doubt on attending upcoming debates in California and Alabama.

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  Posted by u/ one year ago

Feds intend to seek indictment of Hunter Biden by Sept. 29

Federal prosecutors said they intend to seek another indictment of Hunter Biden, the president?s son, after a plea deal fell apart on earlier tax and gun charges.

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  Posted by u/ one year ago

Judge: Donald Trump defamed Jean Carroll, so trial will assess damages

Damages trial is scheduled to start Jan. 15 - the same day Trump participates in the Iowa caucuses.

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  Posted by u/ one year ago

Inside our poll: Unlikely voters want a 3rd party, or maybe 4 or 5

Takeaways from an exclusive USA TODAY/Suffolk Poll of those who plan to stay home on Election Day finds support for Trump and brutal views of Biden.

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  Posted by u/ one year ago

Viral claim about Trump border wall floodgate misleads | Fact check

Floodgates must be opened to protect certain border barriers from flood damage. Border floodgates were also left open under Trump.

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  Posted by u/ one year ago

Two of Trump's GA co-defendants' trial date set

Lawyers Kenneth Chesebro and Sidney Powell argued their cases should be held separately to receive fair trials in Fulton County, Georgia.

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  Posted by u/ one year ago

Wall Street?s Stock Market Calls Vary by Firm ? and by Floor

Wall Street?s Stock Market Calls Vary by Firm ? and by Floor

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  Posted by u/ one year ago

European Stocks Extend Losing Streak on Weak Data, Luxury Drop

European Stocks Extend Losing Streak on Weak Data, Luxury Drop

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  Posted by u/ one year ago

Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand

Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand

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  Posted by u/ one year ago

China?s Distressed Developers Soar in Wave of Speculative Buying

China?s Distressed Developers Soar in Wave of Speculative Buying

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  Posted by u/ one year ago

S&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wrap

S&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wrap

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  Posted by u/ one year ago

New York attorney general asks judge to fine Trump for ?frivolous? legal arguments

New York attorney general asks judge to fine Trump for ?frivolous? legal arguments

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  Posted by u/ one year ago

Paleologos on the Poll: Irony for Trump and red flags for Biden

An exclusive USA TODAY/Suffolk Poll finds the problem for Trump is that his election grievances have convinced some supporters to stay home.

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  Posted by u/ one year ago

Trump's big lead: Among nonvoters many suspect elections are rigged

By 2-1, Americans who say they probably won't vote back Trump over Biden. Their participation would shift the political landscape in 2024.

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  Posted by u/ one year ago

Rep. Ken Buck knocks on Colorado GOP letter about Jan. 6 defendants

Rep. Ken Buck pushed back on false claims made in a letter last month about the treatment of Jan. 6 defendants arrested or charged with crimes.

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  Posted by u/ one year ago

'Oil and water': Donald Trump, co-defendants seek separate election trials in Georgia

Donald Trump and some of his co-defendants argue their cases should be held separately to receive fair trials.

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  Posted by u/ one year ago

Cronos Labs begins recruitment phase for $100M accelerator program

Cronos tapped Google Cloud, Amazon Web Services, CertiK, PeckShield and various other firms to participate as mentors in the accelerator program.

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  Posted by u/ one year ago

Crypto Casino Stake Opens Withdrawals After Reported $40M Exploit

On September 4th, at 9:28 pm UTC, the crypto betting platform Stake resumed its deposit and withdrawal services only five hours after a reported $40 million exploit.

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  Posted by u/ one year ago

Coinbase to upsize debt repurchase by $30M

A total of $180 million 2031 Senior Notes will be repurchased by the exchange.

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  Posted by u/ one year ago

80 Chinese crypto influencer accounts shut down in latest crackdown

The accounts had over 8 million in combined followers before they were removed.

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