May 3, 2024

US lawmakers warn of Iranian crypto miners threatening national security

United States Senators Elizabeth Warren and Angus King have raised concerns about potential national security threats posed by cryptocurrency miners in Iran.   Letter to Biden […]
May 3, 2024

The rise of the Chinese AI unicorns doing battle with OpenAI

Several Chinese startups specializing in generative artificial intelligence (AI) have recently achieved valuations exceeding $1 billion, intensifying competition in the field as they strive to rival […]
May 3, 2024

Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

With a hearing set for May 22 to consider proposed remedies in the United States Securities and Exchange Commission’s (SEC’s) case against Terraform Labs (TFL) and […]
May 3, 2024

Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Jack Dorsey, co-founder of Twitter and CEO of fintech firm Block, announced that Block will allocate 10% of its gross profit from Bitcoin products to purchasing […]
May 3, 2024

Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Ryan Salame, former co-chief executive of FTX Digital Markets, has agreed to transfer his multimillion-dollar property in the Bahamas as part of a plea agreement in […]
May 2, 2024

Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Following a $1.6 million exploit on April 30, decentralized finance (DeFi) protocol Pike has issued a clarification regarding its previous statement concerning a vulnerability found in […]
May 2, 2024

Nigeria’s Patricia exchange CEO refutes closure rumors

Fejiro Hanu, CEO of Nigerian crypto exchange Patricia, has refuted rumors of the platform’s closure, dismissing them as sensationalist media tactics aimed at generating clicks. Hanu […]
May 2, 2024

Microsoft pours $2.2B into Malaysia for cloud, AI expansion

Microsoft unveils a $2.2 billion investment plan over four years in Malaysia, focusing on cloud and artificial intelligence (AI) services expansion.   This investment marks Microsoft’s […]
May 2, 2024

LayerZero cross-chain interoperability protocol completes first airdrop snapshot

LayerZero, a cross-chain interoperability protocol, is gearing up to launch its highly anticipated airdrop for users. The first snapshot for the airdrop was completed on May […]
May 2, 2024

Indian enforcement agency collaborates with Binance to bust scam app

The Enforcement Directorate (ED) of India, collaborating with crypto exchanges such as Binance, ZebPay, and WazirX, successfully seized 90 crores ($10.5 million) from the online scam […]

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