Roaring Kitty swipes 6.6% of Chewy Inc, clarifies he is ‘Not a Cat’
Keith Gill, known for his role in the GameStop saga, surprises the market with a significant stake in Chewy, Inc.
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Hodlnaut cuts 80% of staff, applies for Singapore judicial management
Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management. 250 Total views 20 Total shares Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances.Hodlnaut, which offers interest-bearing cryptocurrency investment options in vetted institutions, confirmed the dire…
John McAfee Back in Jail Hours After Release in Dominican Republic
Bitcoin (BTC) proponent and United States 2020 presidential candidate John McAfee reportedly reentered jail this week just a day after his release in the Dominican Republic.‘A record I think’Tweeting photographs of his confinement July 26, McAfee said he had been arrested a second time, but did not give details about the exact circumstances. The entrepreneur, his…
Binance exec’s trial brought forward despite no access to legal counsel
Amidst multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its Naira currency.
Pudgy Penguins CEO says praise he gets ‘is actually pretty sad’: NFT Creator
Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project. A few months later Luca Schnetzler stepped in. With an entrepreneurial streak since his early teens he had a history of building internet businesses and bought the project and its
‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger
Decentralized finance (DeFi) protocols Yearn Finance and Cover have announced today the end of a protocol merger process initiated in November last year. The two protocols were initially linked during a spree of a half-dozen Yearn acquisitions, mergers, or collaborations, the exact term depending on the project. The split comes as a surprise to many, given…
Suspicions Grow During BitBay’s 18-Hour Outage
Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider.On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange stated that it had contacted the provider and was working on resolving the problem.Founded in Poland in…
Bitcoin miners sold their entire May harvest: report
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 546 Total views 5 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low.The deteriorating market…
‘Expensive lesson’: 75 Eth2 validators slashed for introducing potential chain split bug
A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance. 325 Total views 8 Total shares Staking infrastructure provider Staked said it had learned “an expensive lesson” after 75 of its Eth2 validators were slashed on Feb. 4 from the staking pool as punishment for producing…