Bahamian Securities Regulator Slams New FTX CEO
Bahamian securities regulator has slammed FTX’s new CEO for his statements regarding the ongoing investigation into the bankrupt crypto exchange. Bahamian regulators say that they were the first to take action against SBF, and that recent actions of the current CEO hindered their investigation. The new CEO of FTX has come under fire from the […]
Jack Dorsey pushes for decentralized Twitter alternative
Jack Dorsey highlighted that a solution to Twitter’s censorship issues is making a platform resilient from corporate or government control. The former CEO of the social media platform, Jack Dorsey, has advocated for a “free and open protocol” for social media in light of the internal inquiry conducted by Elon Musk that revealed censorship-related problems […]
Alameda Had Special Access To FTX Funds: CFTC Filing
CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage. The shady partnership between FTX and Alameda Research, in which the hedge fund was given a “unfair” trading advantage and unheard-of access to user holdings on the cryptocurrency exchange, is still coming to light in court documents. […]
SEC sues Atlas Trading for $100M stock manipulation scam
Eight individuals, associated with Atlas Trading promoted deceptive demand for stocks via Twitter, Discord and YouTube to sell their shares. Eight individuals connected to Atlas Trading, a Discord-based community, were named in a complaint by the United States Securities Exchange Commission (SEC). Co-founders of the forum, podcasters, and YouTubers who are connected to them are […]
Netherlands tops new survey as the most metaverse-ready country
A new study by Uswitch revealed that Netherlands is ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices. Whether or not customers are ready, the metaverse and digital reality experiences are rushing toward them. However, from a technology perspective, there are some regions of the world that are […]