US Trustee Raises Concerns Over FTX’s Reorganization Plan
The reorganization proceedings for FTX, the beleaguered cryptocurrency exchange, have hit a significant snag. The U.S. trustee overseeing the case has lodged major objections against FTX’s revised reorganization plan. This…
Bitcoin Chart Hints at Potential Swift Ascent Toward $68K, Say Traders
In the ever-evolving landscape of cryptocurrency trading, patterns on Bitcoin’s price charts are catching the attention of traders, hinting at a potential rally toward its historic 2021 peaks. This analysis…
Sen. JD Vance Promises No Federal Abortion Ban
Ohio Senator JD Vance, the Republican nominee for vice president, has pledged to “absolutely commit” to not implementing a federal abortion ban. This statement marks a significant shift from his…
X Employees Must Prove Their Worth for Stock Grants
Elon Musk has introduced a new requirement at X (formerly Twitter), mandating employees to submit a one-page report detailing their contributions to the company to receive their stock grants. An…
Google Wallet Now Supports California Digital Driver’s Licenses
California has expanded its digital ID pilot program, allowing Android users to add their driver’s licenses to Google Wallet. Previously, digital IDs were available only through the state’s “CA DMV…
Microsoft Plans Cybersecurity Summit After CrowdStrike System Crash
Microsoft is scheduled to hold a cybersecurity summit on September 10 at its headquarters in Redmond, Washington, to address issues following a major outage caused by CrowdStrike, as shared in…
Meta and Spotify CEOs Criticize EU AI Regulations as Stifling Innovation
Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have expressed concerns over the current European regulations on open-source artificial intelligence (AI), suggesting that these rules could hinder Europe’s progress…
Partner of Former FTX Executive Faces Campaign Finance Charges
U.S. authorities have charged Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, with violations of campaign finance laws. The indictment, unsealed on August 22 in the…
Meta Blocks WhatsApp Accounts Linked to Iranian Hackers Targeting Biden and Trump Officials
Meta has recently blocked a “small cluster” of WhatsApp accounts connected to Iranian hackers who targeted officials associated with both President Joe Biden and former President Donald Trump. Who Is…
SpaceX Crew Dragon to Bring Starliner Astronauts Back to Earth Next Year
NASA has decided to return Boeing’s Starliner spacecraft to Earth without a crew on board, opting instead for astronauts Butch Wilmore and Sunita Williams to remain on the International Space…
Nearly 80% of Hacked Cryptocurrencies Struggle to Rebound in Price
According to the latest onchain security report, the majority of cryptocurrencies that have been hacked struggle to recover their market value. The report highlights some concerning statistics regarding the lasting…
Cryptocurrency Mining Malware Targets PostgreSQL Databases with Weak Passwords
A newly identified malware, dubbed PG_MEM, is compromising PostgreSQL databases by exploiting weak passwords to install cryptocurrency mining software. According to Aqua, a cloud-native cybersecurity firm, this malware could potentially…
SOS Limited Notified by NYSE of Noncompliance Due to Low Stock Prices
SOS Limited, a company specializing in blockchain-based services, has encountered a significant regulatory hurdle as it received a noncompliance notice from the New York Stock Exchange (NYSE). The notice was…
Valve Cracks Down on Keyboard Automation in Counter-Strike 2
Valve has officially banned the use of keyboard automation in Counter-Strike 2, targeting features that could give players an unfair advantage. This decision comes in response to the controversy surrounding…
Lip-Bu Tan Steps Down from Intel Board Amid Strategic Challenges
Intel has announced the resignation of Lip-Bu Tan, a seasoned veteran of the semiconductor industry, from its board of directors. Tan, who joined Intel’s board in September 2022 to assist…
Neuralink Second Patient Reports No Retraction Issues
Neuralink has reported positive progress in its early human trials, with no thread retraction observed in the brain implant of its second patient, named Alex. This marks a significant improvement…
Tesla Recalls 9,136 Model X SUVs Over Roof Adhesion Issue
Tesla is recalling 9,136 Model X SUVs from 2016 due to a potential issue with the roof that could increase the risk of a crash. This recall is notable because,…
Bitfarms Secures $125 Million Acquisition of Stronghold Digital Mining
Bitfarms, a prominent player in the Bitcoin mining sector, has announced its acquisition of Stronghold Digital Mining for approximately $125 million, a deal that includes the assumption of about $50…
Kamala Harris’s Campaign Indicates Support for Crypto Industry Growth
In a recent update from the Harris campaign, an aide to Democratic presidential nominee Kamala Harris has articulated a supportive stance towards the digital asset industry. Brian Nelson, a senior…
Hackers Net $700K from McDonald’s Instagram Account by Promoting Grimace Memecoin
On August 21, the official Instagram account of McDonald’s fell victim to a sophisticated scam operation that leveraged the fast-food giant’s social media influence to promote a fraudulent cryptocurrency. The…