The crypto world woke up to disbelief on Tuesday when FTX founder Sam Bankman-Fried (SBF) pleaded not guilty to the misappropriation of funds which led to the collapse of his …
FTX Files For Bankruptcy: How Safe Is Your Money On Centralized Exchanges
FTX, the third-largest cryptocurrency exchange by transaction volume, has filed for bankruptcy, leaving hundreds of thousands of users in tatters. The impact of the news is already visible in the …
How Centralization Helped Binance Reduce Bridge Hack Figure To $100M From $500M
The crypto world woke up to a shock on October 6, when BNB chain, the blockchain of Binance, fell prey to a bridge hack amounting to nearly $570 million. The …
Russia Gears Up To Use CBDC For Cross-Border Settlements
The Russian PM Has Set December 2022 As Deadline For Clarifications On Use Of CBDCs And Digital Currencies After successfully mitigating the SWIFT ban, Russia is in the advanced …
Mounting Losses For Byju’s: Is India’s Largest EdTech Platform Sitting On A Ticking Time Bomb?
Net Losses For Byju’s Mounted To Rs. 4,588 Crore For Fiscal Year 21 When Byju Raveendran and Divya Gokulnath founded BYJU’s in 2011, the idea was to transform the education …
Interpol Red Notice Against Do Kwon? Terra Founder Flees Singapore
Days after Terra co-founder Do Kwon claimed he was not on the run, the Seoul Southern District Prosecutor’s Office refuted the claim while requesting Interpol to issue a red notice …
District of Columbia Sues Microstrategy Founder Michael Saylor For Tax Fraud
DC’s Attorney Has Accused Saylor Of Evading Taxes Wort $25M Between 2005 and 2021 District of Columbia Attorney General Karl Racine is suing Microstrategy founder Michael Saylor for tax fraud, …
Massive Solana Hack Leaves Wallets Bereft Of Over $8 Million
A Supply Chain Flaw Helped Hackers Steal Private Keys From Solana-Based Wallets A massive hack has drained as much as $8 million from Solana-based wallets. Shockingly, the hack is still …
Y Combinator Asks Startups To Plan For The Worst Amid Funding Crunch
As the global economy crawls on the path to recovery after the pandemic-induced economic crisis, startups across the globe are facing significant difficulties in securing funding. At a time when …
Is Meta Planning To Launch A Crypto Payments Platform?
Meta (formerly Facebook) has been at the center of crypto and blockchain-related innovations. The story began when Facebook renamed itself, Meta, in October 2021, with a renewed focus on building …
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