Tag: breaking news

Sep 26 2022

Do Kwon, Where Are You? Interpol Issues Arrest Warrant For Fugitive Terra Co-Founder

Sep 26 2022 Published at Bitcoinist.com under tags  breaking news crypto do kwon interpol luna

Now it happens, unsurprisingly: the Interpol is involved and wants a piece of Do Kwon, the disgraced co-founder of the Terra ecosystem which disintegrated drastically in May, multiple news outlets reported Monday. Last week, the Singapore Police Force issued an arrest warrant for Kwon who, it said that time, was no longer in the country. He is believed to own a house in...

Sep 15 2022

Yuga Labs Rumored To Be Launching New NFT Collection, ‘Mecha Apes’

Yuga Labs is coming back for more. That's at least the word on the rumor mill, as a reportedly leaked document details an upcoming release, tentatively called 'Mecha Apes,' that could hit the market by the end of the year. Let's take a look at the details that have hit the wire in the early hours of the leak, and what we can...

Aug 30 2022

Gotcha! Fugitive Crypto Exchange Founder Collared In Albania

A crypto exchange founder who has long eluded authorities in now under police custody. According to a report by Barron's, citing the Turkish Ministry of the Interior, Albania has detained the founder and CEO of the cryptocurrency exchange Thodex, who fled Turkey and left users' funds irretrievable. The fugitive entrepreneur...

Aug 24 2022

Bitcoin Superfan, Anti-Virus Software Pioneer John McAfee Is Still Alive, Ex-Girlfriend Claims

Notorious Bitcoin proponent John McAfee could be hiding in some underground residence, or a secluded island and away from public view. He could still be alive. Samantha Herrera, the former girlfriend of McAfee - who is well-known for developing an anti-virus software in his name - claims he did not perish behind bars but escaped and is now living in the United States....

Aug 19 2022

Porn Download Cost ‘World’s Most Hated Executive’ $450,000 In Crypto

Porn downloads always carry with them some kind of danger or, in the case of this notorious former hedge fund manager - tons of money. Martin Shkreli, one of the most reviled scammers of the 2010s, claimed that the enormous collapse of a cryptocurrency named after him was caused by a hack originating from an attempt to download porn. This transpired after the...

Aug 07 2022

Bitcoin Is A ‘Remarkable Cryptographic Achievement,’ Ex-Google CEO Says In Video

Former Google CEO and chairman Eric Schmidt is simply impressed by the architecture that Bitcoin is built upon. He believes in the crypto. In fact, in our recent article, he reveals he’s invested “a little bit” of money into it. A video is now making the rounds in the virtual stratosphere showing the Google top honcho hailing Bitcoin’s technology as a "remarkable achievement."...

Aug 04 2022

Crypto Exchange ZB.com Reportedly Loses $4.8 Million To Hackers – Here’s What We Know

Crypto exchanges have become popular for enabling consumers to purchase, sell, swap, and store digital assets. However, research has shown that exchanges have been easy prey for hackers, especially as the popularity and price of specific crypto currencies has skyrocketed. Typically affecting thousands, if not millions, of users and resulting in the theft of hard-earned assets, crypto exchange hacks are exceptionally destructive. The...

Aug 03 2022

Robinhood Brings The Axe Down On 780 Employees As Shares Plunge 50%

Robinhood Markets announced Tuesday plans to render another 23% of its workforce jobless - just months after the app-based brokerage let go of 9% of its employees. On Tuesday, Robinhood said it was laying off 780 employees and also announced the departure of a key executive. The job cuts were concentrated in marketing, operations and program management functions, chief executive officer Vlad Tenev...

Michael Saylor Ditches CEO Position As MicroStrategy Suffers $1 Billion Loss

Aug 03 2022 Published at Bitcoinist.com under tags  bitcoin breaking news btcusd crypto ethbtc

Michael Saylor is vacating his position as MicroStrategy's chief executive to become Executive Chairman, focusing on the company's bitcoin strategy, according to a statement posted by MicroStrategy, Tuesday afternoon. Since MicroStategy's founding in 1989, Saylor has served as the company's CEO. In 1998, the cloud software company went public. Phong Le, the firm's current president and former chief financial officer, will...

Aug 02 2022

Judge Orders Peter McCormack To Pay 1£ In Damages To Craig Wright. Yes, 1£

Did this UK judge determine that Craig Wright’s reputation was worth 1£? You be the… judge. The “High Court Approved Judgment” reads like a novel. It contains a lot of ins, a lot of outs, and a lot of what-have-yous. It conveniently summarizes everything that happened and what got us and Peter McCormack here. The story is fascinating and it paints a clear...

Jul 29 2022

Crypto Exchange Zipmex Goes Bankrupt – Who’s Next To Fall?

After weeks of rumors, cryptocurrency exchange Zipmex said that it had filed for bankruptcy protection in Singapore in response to mounting legal threats from creditors. The Thailand-based crypto exchange is reported to have more than $50 million in exposure to Babel Finance and Celsius, crypto lenders that have severely been battered from the turmoil plaguing the crypto markets. Babel halted withdrawals at the...

Jul 28 2022

Immutable Games, Dubbed ‘Aussie Crypto Star,’ Sacks Over 20 Employees

Jul 28 2022 Published at Bitcoinist.com under tags  bitcoin breaking news btcusd crypto ethbtc

Faced with a decline in cryptocurrency values, Immutable Games Studio is currently downsizing and terminating the job contracts of multiple employees, including one of its senior game designers. Just months after securing a $200 million fundraising round, the Australian tech company is now letting go some of its employees. According to...

Jul 25 2022

Elon Musk On Fire: Tesla CEO Had An Affair With Google Co-Founder’s Wife – Report

Elon Musk, a cryptocurrency advocate, played the proverbial fire with the wife of his close friend, Sergey Brin, who co-founded Google in 1998. The hanky- panky caused Brin to file for divorce early this year, putting an end to the tech mogul's lengthy friendship with Musk, according to Sunday's article in The Wall Street Journal, which...

Jul 19 2022

Scaramucci’s SkyBridge Stops Withdrawals In Fund – Liquidation In The Offing?

Anthony Scaramucci and SkyBridge Capital will be the talk of the town in the coming days -- until they make sure there's no "damage to investors who want to stay in the funds." The cryptocurrency market as a whole is still reeling from the market meltdown precipitated in part by the widely publicized implosion of the Terra (LUNA) ecosystem, which resulted in large...

Jul 14 2022

Crypto Collapse Pulls Celsius Network Down Into Bankruptcy

Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a string of crypto asset organizations that have restructured in response to a severe sell-off in cryptocurrencies this year. The news is the latest high-profile crypto bankruptcy as crypto values collapse, making Celsius the latest victim of a $2 trillion meltdown that has crippled...

Jul 13 2022

Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?

Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for creditors of the bankrupt crypto hedge company Three Arrows. Multiple news agencies reported that during court proceedings, Judge Glenn Martin ordered that Three Arrows Capital cannot dispose of or transfer...

Jul 07 2022

Breaking: KeyFi Files Lawsuit Against Celsius, Millions Of Dollars At Risk?

Jul 07 2022 Published at Bitcoinist.com under tags  breaking news cel celsius crypto defi

The popular pseudonym Twitter account Oxb1 has revealed the identity of the user behind it and, as rumors claimed, it is linked to lending company Celsius. Jason Stone founder and CEO of investment firm KeyFi wrote a thread explaining its relationship with the lending company and why it has decided to file a lawsuit against it. Related Reading |...

Jun 27 2022

Breaking: FTX Exploring Ways To Purchase Robinhood

Jun 27 2022 Published at Bitcoinist.com under tags  breaking news ftx hood hoodusd robinhood

Per a Bloomberg report, crypto exchange FTX is currently looking into ways to purchase Robinhood (HOOD), the U.S. trading platform that offers its clients access to the stock and crypto market. The report quotes sources familiar with the initiative. Related Reading |...

Jun 15 2022

Crypto Companies Are Telling Employees To Pack Up, But Binance Is Hiring – Here’s Why

Jun 15 2022 Published at Bitcoinist.com under tags  binance breaking news

As some crypto exchanges are cracking under pressure and sending employees packing, Binance's CEO said the company is on a hiring spree. Binance if offering 2,000 positions to qualified talents, according to co-founder Yi He. In the past few weeks, the cryptocurrency market has fallen as investors have shifted their capital away from digital tokens and towards assets that offer safer or higher...

May 27 2022

Bitcoin Superfan Jack Dorsey Bids Adios To Twitter Board

And so, there he goes. Bitcoin "cheerleader" Jack Dorsey is out from the Twitter board. The former Twitter CEO resigned from the company's board of directors on Thursday, effective immediately, barely weeks after having played a significant part in the company's acquisition by Elon Musk. At a time when Musk's $44 billion buyout of the platform is still up in the air, the...

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