Binance CEO Changpeng “CZ” Zhao and the cryptocurrency exchange itself have jointly filed a motion to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In a September 21 filing with the U.S. District Court for the District of Columbia,
Bankrupt crypto exchange FTX has filed a lawsuit against four former employees of Salameda, a Hong-Kong-based affiliate believed to have been under the direct control of the crypto exchange’s former CEO, Sam Bankman-Fried. Along with two related companies, the named individuals—Michael Burgess, Matthew Burgess, Lesley
Investors are actively scooping FTX claims in an unregulated market for bankruptcy claims, according to a Bloomberg analysis of FTX’s court documents. According to Claims Market data, FTX debts are trading at approximately 35% of their original claim value. The claims can represent anything from
An impeccably well-timed trade has prompted claims of insider trading, as a trader appears to have made a nearly 46,000% return after opening calls in cybersecurity software company Splunk—just one day before Cisco Systems snapped up the artificial intelligence-driven cybersecurity firm in a blockbuster deal.
It’s been 12 years since the last Elder Scrolls game came out. Indeed, The Elder Scrolls V: Skyrim launched on the PlayStation 3 and Xbox 360. That means it’s been more than a decade since “Fus Ro Dah!” was a thing gamers shouted at each
South Korean tech firm NHN is developing crypto games and will use the Sui blockchain, NHN’s gaming division announced Thursday. NHN has previously developed social casino games like Hangame Poker and mobile titles including Crusader’s Quest and Guns Up! Mobile War Strategy. The company claims
Crypto analytics platform Nansen reported a security breach this morning, noting that some users’ blockchain addresses and password hashes had been exposed, along with email addresses. In a public letter, the analytics firm wrote that the breach had occurred after one of its third-party vendor’s
Google is going all in on artificial intelligence, integrating AI capabilities throughout its suite of products including Google Docs and Search. The tech giant aims to use AI to enhance user experiences, tap into new creative possibilities, and optimize workflows—and its latest target is YouTube.
The United Kingdom’s Financial Conduct Authority (FCA) warned crypto businesses on Thursday to fall in line with new financial promotion rules, which the vast majority of businesses appear to be ignoring. In a public letter published by the FCA, the regulator said that only 24
Stablecoin issuer Tether has resumed providing new loans denominated in USDT to clients, a move that comes nearly a year after the company had announced its intention to discontinue offering collateralized loans in 2023. The revelation comes from the company’s latest quarterly financial update, which