SEC seeks sanctions against Elon Musk over Twitter investigation
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.
Related Posts
Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review
Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries.Following the release of Blockchain…
Investors increasingly confident of Ripple’s victory over SEC: CoinShares
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple's victory. 103 Total views 1 Total shares Recent developments in the Ripple vs Securities and Exchange Commission (SEC) case appear to have bolstered investor confidence in XRP-tied investment products, according to investment data from CoinShares’ head…
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
The revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21. 177 Total views 13 Total shares FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time…
IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System
The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9.The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical groups,…
Avanti Announces ‘Cash-Equivalent Stablecoin Disruptor’
Avanti’s crypto-friendly bank is now planning to launch in October after its banking charter application was accepted by Wyoming’s banking regulator. 1208 Total views 11 Total shares Avanti Bank & Trust, Wyoming-based pioneering financial institution planning to offer services to the crypto industry, has announced plans for a ‘stablecoin disruptor’ that’s designed to modernize U.S.…
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly happened? Was it an exploit, a simple case of arbitrage or a malicious attack? And where does…
3 reasons why Bitcoin just dropped after failing to break $19.5K again
The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback.Bitcoin spiked to around $19,600 because of the momentum of its relief rally and negative futures market funding rates. But, it rejected the same level…
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees "relief" from US CPI printData from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses.The pair had stayed in a tight…