$13K NFT Error: Ordinals Seller Refunds Mistaken Buyer
A trader who mistakenly paid 0.21 BTC for an NFT on Ordinals got their money back from the seller, who said it was not right to profit from a slip of the finger. A crypto trader who accidentally spent $13,000 on a non-fungible token (NFT) on Ordinals, a bitcoin-based marketplace, was lucky enough to get […]
China Warns of Bitcoin Risks as Crypto Surges to New Highs
A state-owned Chinese newspaper cautioned investors about the dangers of bitcoin and reiterated the country’s ban on crypto trading, while bitcoin soared above $60,000. As bitcoin reached new record levels, a Chinese state-owned media outlet issued a warning to investors about the risks and challenges of the cryptocurrency. Economic Daily, a newspaper affiliated with the […]
US Government Moves $922 Million in Seized Bitcoin from Bitfinex Hack
The US Department of Justice has transferred about 15,000 bitcoins from wallets linked to the 2016 hack of Bitfinex, raising fears of a possible selloff and price dump. The US Department of Justice (DOJ) has transferred approximately 15,000 bitcoins (worth $922 million) from confiscated wallets linked to the 2016 hack of Bitfinex. This crypto exchange […]
Ex-FTX CEO Asks for Light Sentence for Crypto Crimes
Sam Bankman-Fried, the former CEO of FTX, is facing up to 100 years in prison for his role in the collapse of the crypto exchange. His lawyers are asking for a lenient sentence, citing his remorse and neurodiversity. Sam Bankman-Fried, the former CEO of FTX, a crypto exchange that went bankrupt in late 2022, is […]
Musk Sues OpenAI for Abandoning Its Non-Profit Mission
Musk, the founder of SpaceX and Tesla, has filed a lawsuit against OpenAI and its CEO, Altman, for breaching their non-profit agreement and partnering with Microsoft for profit-driven AI development. The tech visionary is in a legal battle with OpenAI and its CEO, Altman, over their non-profit agreement. Elon Musk claims that OpenAI has betrayed […]