Bug in Fed’s payment system prevents bank customers from getting paid
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved. Some of the largest United States banks are not able to facilitate…
‘We were worried about ecosystem startups’ — Solana co-founder on FTX collapse
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX’s failure and its initial impact on Solana ecosystem builders. The infamous collapse of FTX sent shockwaves through the broader cryptocurrency…
SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. Decentralized finance project SafeMoon, which was charged by the United States Securities and…
Apple MacOS malware targets crypto community and engineers
The social engineering attacks trick community members into downloading a malicious ZIP archive named “Cross-platform Bridges.zip” — imitating an arbitrage bot designed for automated profit generation. A new malware discovered…
Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations
Abu Dhabi aims to become a crypto hub alongside Dubai in a move that’s part of a larger goal to foster initiatives in the blockchain and digital asset realm. Abu…
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the U.K. AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk, who discussed the future of the job market, China and…
OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3…
FTX advisers sharing customers’ data with FBI: Report
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades. Advisers for bankrupt crypto exchange FTX have…
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
Former FTX CEO Sam Bankman-Fried dreamed of being the president of the United States, but his lawlessness eventually caught up with him. Former FTX CEO Sam Bankman-Fried was found guilty…
CME Bitcoin futures hit record high, but uncertainty looms above $36K
CME Bitcoin futures hit a two-year high, but options market data reflects investors’ hesitancy. Bitcoin futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65…
Cathie Wood Says ‘Digital Gold’ Bitcoin Is Better Deflation Hedge Than Gold Or Cash
ARK Investment Management‘s Cathie Wood says Bitcoin (BTC) is a better deflation hedge than gold or cash, Bloomberg reported. “Bitcoin is a hedge against both Go to Source
Sponge Price Set To Soar With Launch Of Exciting Staking Mechanism That Offers Lucrative Variable APY
The strengthened position of the Sponge token price appears to have been triggered by renewed interest in the promising meme coin’s undervalued proposition, which offers Go to Source
Sam Bankman-Fried Faces Up To 115 Years In Jail As Justice Department Warns It Has “Handcuffs For All” Crypto Crooks
FTX founder Sam Bankman-Fried faces up to 115 years in jail after being found guilty on seven charges of fraud and conspiracy, as government prosecutor Go to Source
Multichain inside job? And SOL surges 80% in a month: Finance Redefined
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than…
English school turned BTC miner in China expands capacity with 220 new units
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee. China-based BTC Digital announced the purchase of 220…