On March 10, local time on March 9, Musk, the CEO of SpaceX Technologies, said through social media that no matter how much he disagrees with Ukraine's policy, he will not cut off the "Starlink" satellite network service to Ukraine. Musk's statement is a clarification of his intentions in an earlier post. He had earlier posted on social media that "my'Starlink 'system is the backbone of the Ukrainian army. If I shut it down, their entire front line will collapse." He also called for peace to be ...
Argentine regulators said they had no right to intervene to resolve the dispute because the sale of Libra was beyond their jurisdiction. Argentina's National Securities Commission (CNV) "has so far chosen not to intervene" in the LIBRA incident "because the current regulatory framework does not cover token advertising on decentralized platforms".
A man who described himself as an "ordinary programmer and entrepreneur" destroyed and donated about $7 million of Ethereum as a protest and personal statement against what he described as a long-term experience of being watched and manipulated by a "brain control organization". Now, crypto Twitter users are trying to access his remaining funds. The user, who identified himself as Hu Lezhi, sent around 2,553 ETH (worth around $7 million) through multiple transactions over the past week.
As creditors prepare for long-awaited repayments, the FTX data breach has intensified phishing scams. FTX creditor Sunil Kavuri sent an alert on X about the potential data breach, warning that scammers were sending phishing emails to creditors.
Sam Altman, OpenAI's chief executive, said in court papers that Mr. Musk had "no facts" to support his claim that OpenAI was illegally suppressing competition. "There are no facts to support the existence of such a conspiracy," Mr. Altman's lawyers wrote to a federal judge in Oakland, California, in a 33-page court filing. Nor has Mr. Musk proved he suffered any harm as a result of OpenAI's alleged anti-competitive behaviour, the lawyers argued. Musk is long...
Layer 1 Intellectual Property Blockchain Story said on the social platform: Users need to meet the minimum Passport score requirement of 20 to receive the airdrop reward. From February 13th, users have 30 days to claim the reward.
According to Cointelegraph, FTX will begin paying creditors $16 billion on February 18, 2025, with the first phase paying $65- $7 billion. Payments are based on November 2022 prices.
ETF issuer Osprey Funds is asking a Connecticut court judge to review its decision that Grayscale Investments prevailed in a $2 million unfair trading lawsuit against the bitcoin fund of asset manager Grayscale Investments. Osprey filed a motion for reargument in the Connecticut Superior Court on Feb. 10, claiming that Judge Mark Gould's Feb. 7 ruling, which expanded the exemption under the Connecticut Unfair Trade Practices Act, was made "before the evidence was available."
According to analysts, innovation in China's AI sector is expected to drive more capital into the country's stock market, especially against a backdrop of low valuations, light holdings and a recovery in the earnings cycle. Click to view...
Eugene F. Fama, a Nobel laureate in economics who has been hailed as the "father of modern finance", predicted on the Capitalisn't podcast that bitcoin would go to zero within 10 years. He argued that a blockchain-based financial system requires too much computing power to be sustainable. He said cryptocurrencies violate the basic rules of a medium of exchange and their value is highly volatile. He also questioned bitcoin's positioning as "digital gold", arguing that it would be worthless withou...
The number of Americans claiming unemployment benefits for the first time last week was 219,000, an estimate of 213,000, and the previous value was 207,000.
WazirX creditors will decide in the coming weeks whether to start receiving compensation for the cryptocurrency as early as April 2025 or face a long recovery process that could be extended to 2030. The vote follows a Singapore High Court ruling that allowed the troubled Indian exchange to pursue a restructuring plan rather than face liquidation, depending on whether three-quarters of its creditors approve a recovery plan.
Degen announced on the X platform that Raindrop's fourth quarter application has been launched.
The Tensor Foundation has announced that the Season 4 Airdrop Reward is open for claims. A total of 4% of TNSR supply is awarded to active S4 users of Tensor Protocols. There are nearly 50,000 wallets eligible for S4 rewards. Users who claim in the VECTOR app will also receive an additional 25% TNSR reward.