Elon Musk Reopens Lawsuit Against Sam Altman’s OpenAI
Elon Musk has re-escalated his case against Sam Altman’s OpenAI, claiming it violated the founding contracts by favoring commercial interests. The well-known American entrepreneur Elon Musk has garnered global attention again by re-escalating a lawsuit against Sam Altman’s OpenAI. According to a recent report , the Tesla and SpaceX lead is once again suing the […]
Crypto Hackers Use Stolen Funds to Buy Ethereum Dip
Hackers leverage stolen funds from the 2022 Nomad bridge hack to buy 16,892 ETH at a major discount during the market drop. Cryptocurrency hackers see the ongoing collapse in the market as an opportunity to acquire Ether at a huge discount by using stolen funds from previous heists. On August 5, 16,892 Ether was purchased with stolen crypto funds […]
US Fed Holds Emergency Meeting Amid Japan Market Crash
The US Fed called an emergency meeting today following the collapse of Japanese markets, causing a global panic selloff. Experts estimate a 50-bps rate cut after the meeting. The US Federal Reserve (Fed) reportedly summoned an emergency meeting unprecedentedly today. With the global markets experiencing severe downturns, this meeting aims to reevaluate interest rates. Moreover, analysts […]
Tron Founder Justin Sun Debunks Leverage Trading Liquidation Rumors
Tron founder Justin Sun stated that he and his team primarily engage in leverage trading positions and focus on blockchain development. The significant shockwaves emanating from the 18% drop in the broader crypto market over the past 24 hours have resulted in major liquidations in leveraged positions. Several rumors began circulating that Tron founder Justin Sun […]
CFTC Investigates Ben Armstrong for Meme Crypto Fraud
The CFTC recently issued a subpoena to Hit Network, a crypto media company that initially had Ben Armstrong as its public face, for fraudulent activity with meme tokens. The CFTC (Commodity Futures Trading Commission) has recently conducted an investigation into a meme crypto fraud that involved the renowned crypto YouTuber Ben Armstrong, also known as […]