On July 7, 2021, Jeff Bezos stepped down as Amazon’s CEO, the company he founded in a home garage in 1994. Following the announcement, Bezos said he planned to spend the rest of his time on passion projects like his space company […]
A conglomerate of the industry’s leading companies and influencers have teamed up for the inaugural GAM3 Awards, which aim to become the Grammys for web3 gaming. The event, hosted by Polkastarter Gaming on December 15, will recognize this year’s best […]
Last week was probably the craziest week in crypto history as millions of crypto investors scrambled to withdraw their funds following the collapse of the now-bankrupt crypto exchange FTX. A few days after the collapse, BlockFi suspended withdrawals as fear of […]
Following the collapse of FTX last week, companies have begun to cut their ties with the now-bankrupt crypto exchange. The latest is Visa, the world’s largest payments processor. On Sunday, Visa announced it was severing its global credit card agreements with collapsed […]
In the wake of the FTX scandal and fallout, Crypto.com CEO Kris Marszalek took to Twitter on Friday to reassure jittery investors that the company is financially sound and not facing the same liquidity crisis that led to the fall of […]
FTX U.S., the American affiliate of cryptocurrency exchange FTX Group, has frozen withdrawals for millions of its customers in the United States. The announcement comes just a few hours after FTX Group filed for bankruptcy and founder and CEO Sam […]
Just ten days after Elon Musk announced the $8 per month blue checkmark, Twitter has now suspended the subscription verification service, citing impersonation abuse. The social giant also restored the ‘official’ badge to some accounts. The move follows a surge […]
After a daily barrage of news in the past five days over the collapse of the crypto market, we finally have some good news to share. Today, Thomson Reuters announced Friday it has acquired SurePrep, a 1040 tax automation software provider […]
While all eyes are on the collapse of FTX, another storm is brewing at BlockFi, a distressed crypto exchange that FTX bailed out in June with a $250 million revolving credit. Now, BlockFi is again fighting for its survival and […]
The crypto market had a bull run in 2021 with major cryptocurrencies surging to record highs. Meme tokens also ride on the coattails and were not left out. But for some investors, Elon Musk-backed crypto Dogecoin had the best performance as investors […]
While everyone was talking about the collapse of the crypto exchange FTX, there was another problem brewing on Twitter. Earlier today, the company’s chief security officer Lea Kissner on Thursday in a tweet said that she quit. A few hours later, […]
Venture capital giant Sequoia Capital said crypto exchange FTX is only worth $0 after losing its entire $214 million investment in FTX via two funds. In a note to limited partners which was shared on Twitter, Sequoia says it invested over […]
As tech startups in the United States and Europe struggle to raise new funding, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and democratize finance for customers and underserved SMEs. In a […]
It’s now two weeks since Elon Musk takes ownership of Twitter and some of the company’s policies have changed. Before Musk takes the helm of the social giant, Twitter had a permanent work-from-anywhere policy for its employees. That policy has now changed. […]
Today is probably the craziest day we’ve ever seen in crypto markets. We’re watching the entire crypto industry unravel before our eyes as we witnessed the rise and fall of the once high-flying crypto exchange FTX. Once dubbed as the […]
As the Binance-FTX deal unfolds, it appears situations are getting worse by the minutes for the once high-flying crypto exchange startup. About an hour ago, Binance is reportedly leaning toward backing out of the entire FTX takeover deal after learning how about […]
Less than 24 hours after Binance reached a non-binding agreement to buy crypto exchange FTX, the world’s largest crypto exchange appears to have a change of mind. Binance is reportedly unlikely to move forward with deal acquisition after it learned that FTX’s […]
Blockchain and crypto hack is on the rise. In the past decade, hackers and scammers stole over $12 billion in crypto assets in the past decade. But the rate has accelerated this year as cybercriminals stole $1.4 billion in crypto […]
Yesterday, Binance announced it was acquiring the distressed crypto exchange FTX after a significant liquidity crunch. The news quickly sent shockwaves across the entire crypto sector causing major cryptocurrencies to lose about 10 percent of their values. The FTX-Binance deal contagion also spread to […]
Yesterday, Binance announced it was acquiring the crypto exchange FTX, saving distressed crypto exchange from bankruptcy after a significant liquidity crunch. The news quickly ripples the entire crypto sector causing the world’s most popular cryptocurrency bitcoin to plunge by more than […]