The newest update is that Singaporean authorities are looking into allegations of fraud and deceit against cryptocurrency lender Hodlnaut Pte. The struggling crypto lender’s operations have been strained along with the rest of the market in this crypto winter. With the collapse of the Terra ecosystem earlier this year, Hodlnaut
The Turkish Treasury and Finance Ministry said on Wednesday that an investigation into allegations of fraud against Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX, had begun. To aid with their investigation, Turkish authorities have frozen the accounts of Bankman-Fried and its subsidiaries. The Minister of Treasury and
There has been a series of recent occurrences in the world of cryptocurrencies. Because so many investors were drawn to the market, governments had to reevaluate the regulations that had previously been applied. There were still authorities trying to enforce the restrictive regulations that had been enacted by others. However,
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.
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
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
Funds will support goal of making high-quality music education programs accessible to every child in the Miami-Dade community Donation is the second installment of Yuga’s $1 million commitment to support arts and education initiatives in Miami MIAMI–(BUSINESS WIRE)–Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks,
In the United States, applications for unemployment benefits hit a three-month high last week, signaling a thawing of the job market in the wake of a wave of layoffs at technology companies. The number of Americans filing for unemployment benefits increased by 17,000 to 240,000, as reported by the Labor
On Wednesday, Bo Shen, a founding partner at Fenbushi Capital, tweeted about the theft of as much as $42 million in cryptocurrency from his personal wallet. Shen claims that on November 10, criminals made off with $38 million worth of the USDC stablecoin. The stolen funds, he clarified, are just
LAS VEGAS–(BUSINESS WIRE)–$AP #AultAlliance—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced the results of the Company’s 2022 Annual Meeting of Stockholders (the “Meeting”), which was held today, November 23, 2022, at 9:00 a.m. PT, and at which time the nominees for election as
