Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.
Related Posts
Bank of Russia to ban mutual funds from investing in Bitcoin
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors. 922 Total views 24 Total shares The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC).On Dec. 13, the Bank of Russia published an…
XRP price snaps 8-year downtrend vs Bitcoin as predictions target $14
XRP price continues to show strength versus the wider crypto market and data indicates the altcoin’s potential to move higher, possibly into double digits.
Entrepreneurs must learn to tackle business risks in the Metaverse
Hyped as it is, the Metaverse remains largely undefined. It’s a challenge to answer the question “What is the Metaverse?” in part because its definition depends on whom you ask. As it stands today, the “Metaverse” includes virtual reality and what we might previously have called “cyberspace” — including digital assets like non-fungible tokens (NFTs),…
Google Cloud's Web3 portal launch sparks debate in crypto industry
Google Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiving mixed reactions from the crypto industry.
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.
Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes
The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.”During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists to avoid scrutiny. He stated that the increased use of digital currencies, stored-value cards, online payment systems and crowd-funding…
Wharton accepts crypto payments for blockchain program tuition fees
The six-week program costs $3,800 and the Ivy League university expects to attract thousands of students each year. 63 Total views 20 Total shares Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch.The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and…
Base hits 4M active addresses amid ‘Onchain Summer’ campaign
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year.