Well, Sam Bankman-Fried is headed up the river. Once a powerful crypto power broker, SBF’s glittering Web3 kingdom came crashing down on his head after a multi-billion dollar scandal. It’s a good reminder that not only does Silicon Valley produce a lot of software products, but it also produces a whole lot of…
After a hilarious fake out yesterday, the US Securities and Exchange Commission (SEC) *officially* approved 11 Bitcoin ETFs, giving the crypto world a much needed win.
The Security and Exchange Commission’s X account was hacked on Tuesday afternoon, sending an untrue tweet that the Bitcoin ETF was approved. Chairman Gary Gensler quickly tweeted from his personal account that the tweet was false and the result of a hack. In the following 15 minutes, the price of Bitcoin shot up to…
The X account belonging to the Securities and Exchange Commission was hacked on Tuesday, allowing a fake announcement to be posted to the web concerning a
Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday. The Department of Justice is expected to announce a $4 billion settlement with Binance this afternoon, putting an end to an…
There’s a calamity on the horizon if you believe Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC). America’s top Wall Street watchdog has issued a dire warning about artificial intelligence: if regulators don’t act now, Gensler said it’s “nearly unavoidable” that AI will trigger a financial…
If you’re a betting person, what are the odds of two casinos getting hacked in succession? Following an attack on MGM casinos, Caesars Entertainment just stated in an SEC filing that it was also the subject of a hack that occurred last month.
Evelyn Hockstein/Associated Press
