Mon, October 5

Elon Musk’s Response to Inquiries on SBF’s Twitter Stake

As per Semafor, Sam is said to be associated with Twitter. The publication mentioned Sam to be holding a $100 million stake in the micro-blogging social media. Twitter chief Elon Musk completely declines this statement. Elon tweeted: No. He may have owned shares in Twitter as a public company, but

November 25, 2022 1 min read

Elon Musk’s Poll Results Indicate Amnesty for Suspended Accounts

Elon Musk has announced that the general amnesty for suspended accounts will begin as soon as next week. Musk tweeted on Wednesday that the Twitter network is offering amnesty to accounts that haven’t broken any laws or engaged in flagrant spam, and he asked for people’s opinions as Yes/No, with

November 25, 2022 1 min read

Binance Remains Unaffected From the Crypto Crisis?

The adoption of cryptocurrency is spreading over the variant continents undoubtedly, but still, the position held by the fiat currencies is vital. It may take a few more years for crypto to be in everyday use. Prominent crypto firms like Binance, are acting as catalysts to speed up this process.

November 24, 2022 1 min read

Polygon Introducing Blockchain-Based WEB3 Football Collectibles

Football is currently a big topic. The FIFA World Cup is the most popular event in Qatar. And well-known players are making forays into the Blockchain industries. In addition to developing the NFTs and the FIFA World Cup, FIFA has worked with a 3 million-user metaverse to increase fandom in

November 24, 2022 2 mins read

FTX’s Bankman-Fried to Attend NYT DealBook Summit Despite Bankruptcy

Sam Bankman-Fried, the creator of the defunct cryptocurrency exchange FTX, is scheduled to speak on November 30 at the New York Times DealBook Summit. Bankman-Fried revealed on Twitter on November 23 that he will be chatting with Andrew Sorkin, a reporter for The New York Times, “next Wednesday” at the

November 24, 2022 2 mins read

Will the Downfall of CeFi Lead to DeFi Adaptation?

Kanye West has blamed Adidas for suspending four of his bank accounts, totaling $75 million. And he added that he will meet the former president again in 2024. He stated that his decision was influenced by Adidas reportedly breaking into his bank accounts and locking away all of his money.

November 23, 2022 1 min read

NFT Infrastructure Vinci Protocol Completes $2.1M in Seed Funding

Vinci Protocol, a project focused on building an NFT infrastructure where users, developers, and companies are empowered to interact with the NFT space in their unique ways, has raised $2.1M in seed funding led by UOB Venture Management, SigNum Capital, and TGE Capital. The team will use the fund to

November 23, 2022 2 mins read

Mango Market Hacker Loses Millions Attempting Exploit on Aave

One of the most infamous cryptocurrency traders in the world, who boasted last month about pocketing over $100 million in a contentious price manipulation move, seems to have lost millions on a similar exploit effort that failed early Tuesday. On-chain information suggests that Avraham Eisenberg, the trader responsible for the

November 23, 2022 2 mins read

U.S. SEC Charged Goldman Sachs For Violating ESG Investment

The U.S. Securities and Exchange Commission (SEC) ordered Goldman Sachs Asset Management to pay $4 million on Tuesday. According to a statement from the SEC, the charges were related to policies and procedures failures involving two mutual funds and one separately managed account strategy which is promoted as Environmental, Social,

November 23, 2022 2 mins read

Bankman-Fried’s Parents Reportedly Spend Millions on Properties in the Bahamas

Top officials at the defunct exchange FTX run by Sam Bankman-Fried (SBF), as well as his parents, spent $121 million in Bahamas investment. 19 residences in total were bought over two years, according to the investigation.    High-end beachfront properties made up the majority of FTX’s acquisitions. Seven condominiums in Albany’s

November 22, 2022 1 min read