On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share
Month: January 2023
The relationship between Ripple Labs and XRP tokens has been a controversial topic in the crypto community for quite some time. While there is evidence through older documents that XRP was also called Ripple in the past, since the XRP initiative in 2018, the company has placed great emphasis on the fact that the cryptocurrency
Mission Majnu — out Friday on Netflix — marks the first and only Indian original film dropping on the streaming platform this month. Originally planned for a theatrical release last year, the Sidharth Malhotra-led patriotic spy-thriller suffered multiple delays, with Netflix eventually acquiring streaming rights for the same in December. In what appears to be
Apple has postponed the launch of its lightweight augmented-reality glasses indefinitely due to technical challenges, but is still planning to unveil its first mixed-reality headset this year, Bloomberg News reported on Tuesday. The iPhone maker’s mixed-reality headset – which combines both augmented and virtual reality – is set to launch in this year’s spring event,
Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream adoption — by 25% in one year, thanks to the intervention of developers and Tesla CEO Elon Musk. One of the main reasons why Musk backtracked on accepting Bitcoin (BTC) payments for
A screenshot from the upcoming Suicide Squad: Kill the Justice League has leaked online, and it confirms the game features a battle pass system. The image, which was originally posted to 4Chan, was based on a recent test build and revealed menu elements that aligned with a live service title. VGC corroborated the information via
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Twitter is auctioning off espresso machines, kegerators, computers, and even oversized neon displays with the company’s logo as the social messaging
Global smartphone shipments dropped 17 percent year-on-year (YoY) for the October-December period (Q4) in 2022, shows a new report by market research firm Canalys. Smartphone sales worldwide marked a decline of 11 percent in 2022 on account of difficult macroeconomic environment. Following past trends, Apple secured top spot in the fourth quarter and registered the
Meta’s oversight board on Tuesday overturned the company’s decision to remove two Instagram posts depicting transgender and non-binary people with bare chests, saying that Meta needed to change its policy to make it more inclusive. The board, which is funded by Meta but operates independently, said in a ruling that the company’s adult nudity policy
Jan 18, 2023Ravie LakshmananCyber Espionage / Cyber Risk The threat actor known as BackdoorDiplomacy has been linked to a new wave of attacks targeting Iranian government entities between July and late December 2022. Palo Alto Networks Unit 42, which is tracking the activity under its constellation-themed moniker Playful Taurus, said it observed the government domains
Bitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BoJ refuses to hike Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding firm above $21,000 on the day. The pair remained cool amid news from Japan, where
The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed from November 2022 to February 2023. The latest delay is due to a technical issue
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of
Risk assets have started the new year on a strong note. The S&P 500 (SPX) and the Nasdaq closed in the positive for the second successive week and also notched their best weekly performance since November. Bitcoin (BTC) led the recovery in the crypto markets with a sharp 21% rally last week. That sent the
The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including business intelligence firm MicroStrategy have recorded similar jumps with green candles all around since the start of 2023. The share price of Coinbase fell as low as $31.95 on Jan. 6, before shooting up
The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices. According to a Jan. 16 report from Electric Capital, “full-time” developers — categorized as
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