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Business

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets
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13 May, 2023

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Joseph O’Connor, 23, is scheduled for sentencing by U.S. District Judge Jed S. Rakoff on June 23, 2023, staring at...
US taxman seeks $44 billion from what’s left of FTX/Alameda
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12 May, 2023

US taxman seeks $44 billion from what’s left of FTX/Alameda

The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West...
Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’
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12 May, 2023

Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’

Court-appointed bankruptcy trustee Ernst & Young announced its decision after consultation with estate inspectors, with details of the interim distribution...
Spotify deletes thousands of AI-generated songs: report
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12 May, 2023

Spotify deletes thousands of AI-generated songs: report

Spotify reportedly ejected tens of thousands of songs from California AI music startup Boomy as claims of fake streams surge—could...
$Ordi is the black Swan—Joshua Henslee talks about BRC-20 tokens and more
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12 May, 2023

$Ordi is the black Swan—Joshua Henslee talks about BRC-20 tokens and more

The rising prices of $Ordi signals the beginning of hyperbitcoinization, while it is something to look forward to, it is...
Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...
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