Nexo Agrees to Pay $45 Million in Fines to US Authorities

Back in September, the Californian DFPI and other U.S. regulators ordered Nexo to desist from offering Earn Interest Products (EIP), which in the company’s case took the form of crypto asset lending accounts. At the time the charges were filed, Nexo had already ceased offering the accounts to U.S. investors. However, U.S. investors could still … Read more

How Twitter Banned Third-Party Clients Like Tweetbot, Twitterific

Twitter has silently updated its developer terms to ban all third-party clients on the platform. The firm’s 5,000-word developer agreement was reportedly updated with a stipulation prohibiting “use or access the Licensed Materials to create or attempt to create a substitute or similar service or product to the Twitter Applications.” Even before the terms were … Read more

Binance joins Latam financial alliances to boost web3 adoption

Major crypto exchange Binance seeks to propel crypto and web3 adoption and development across the Latin American region by joining the Argentine Chamber of Fintech and Alianza In of Colombia. Changpeng Zhao‘s Binance has announced that it has enlisted into the Cámara Argentina Fintech, the Argentine Fintech Chamber, and Alianza In, Colombia’s innovation and technology … Read more

Greta Thunberg accuses Davos elite of putting ‘corporate greed’ above people and planet

Greta Thunberg has accused the political and business elite at the World Economic Forum in Davos of putting “corporate greed” and “short-term profits” above the planet. Speaking alongside other activists at Davos in Switzerland, Ms Thunberg, 20, said the elite are “at the core of the climate crisis” and are fuelling the destruction of the … Read more

Chainlink whales drive more utility- Is a bounce back on the card for LINK?

Chainlink joins the list of most traded smart contracts among the top ETH whales. LINK bears face resistance threatening to cut short their recent dominance. The Chainlink blockchain is gradually extending its tentacles across the decentralized landscape. Its long-term expectations are particularly high but its native token LINK remains undervalued at best. But, there is … Read more

Genesis Global files for bankruptcy

The parent firm of embattled crypto lender Genesis Global Capital, Genesis Global Holdco, LLC, filed for Chapter 11 bankruptcy protection in New York federal district court. FTX collapse, the breaking point for Genesis Genesis Global Holdco, LLC estimated in a voluntary petition that it has between 1 and 49 creditors, between $100 million and $500 … Read more

Robinhood launches web3 wallet on iOS

Robinhood, the popular stock and cryptocurrency trading app, has released web3 wallet application. Robinhood Wallet’s app is currently only available on iOS mobile devices. It allows users to access and transfer their crypto and access decentralized finance (DeFi) like swaps and non-fungible tokens (NFTs). The iOS application will initially launch in Polygon’s network before expanding … Read more

Bitget earns market share and trust from millions in crypto winter

Although the crypto space has gone through turbulent times in the last year, Bitget managed to grow and make great strides in building its brand, team, and business during this crypto winter. The platform expanded its services to the global Web3 market for the first time in 2022 and pushed its business development velocity beyond … Read more

The death of an American attorney at a Mexico hotel did not show signs of violence, official says | CNN

CNN — Mexican authorities investigating the case of an American attorney who was found dead at a resort hotel earlier this month determined there was no foul play in his death, according to an official statement released Thursday. Elliot Blair, 33, died from severe head trauma, suffering injuries consistent with “a fall from a height, … Read more

DCG’s Subsidiary Genesis Global Files for Chapter 11 Bankruptcy

Digital Currency Group (DCG) subsidiary Genesis has finally filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. The platform was engaged in a series of confidential negotiations with several creditor groups for weeks amid a liquidity crunch. According to the latest reportGenesis Global Holdco and two of … Read more

Tesla will ‘keep blowing our minds’ despite Elon Musk’s distractions, shareholder Tencent says

A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images Tesla will “keep blowing our minds” with technology even while … Read more

Solana [SOL] has a bullish outlook but bears can regain dominance at…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The 4-hour market structure was bearish. The daily chart, while bullish, hinted that SOL could require a deeper retracement before a bullish continuation. Bitcoin continued to trade above the $20k mark, and each passing … Read more

FTX reboot could falter due to long-broken user trust, say observers

Several crypto industry commentators have laid skepticism on FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment of customers as some reasons why users may not “feel safe to go back.” Former FTX CEO Sam Bankman-Fried tweeted on Jan. 20 praising John Ray for looking at a … Read more

Why Google Is Delaying a Portion of Employees’ Year-End Bonuses

Google is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday. The company will pay 80 percent advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was … Read more

500 evacuated as massive fire breaks out in one of Seoul’s last slums | CNN

Seoul CNN — Around 500 people were evacuated from their homes on Friday after a fire broke out in Guryong Village, one of the last remaining slums in South Korea’s capital Seoul, according to fire officials. The fire broke out around 6:28 a.m. in the fourth district of the village, said Shin Yong-ho, an official … Read more

Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG empire

Barry Silbert, Founder and CEO, Digital Currency Group David A Grogan | CNBC Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to a business once at the heart of Barry … Read more

Netflix CEO Steps Down as Streaming Service Hits 231 Million Subscribers

Netflix co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming service to his longtime partner and co-CEO, Ted Sarandos, and the company’s chief operating officer, Greg Peters. Sarandos and Peters will share the title of chief executives, with Hastings serving as executive chairman. The change … Read more

Step Into The Metaverse Where Crypto Is Crowned King… Three Projects To Keep An Eye On: Axie Infinity, Decentraland, And Big Eyes Coin | Coinspeaker

Place/Date: – January 20th, 2023 at 5:19 am UTC · 4 min read Source: Big Eyes Coin Welcome to the Metaverse, a virtual world where anything is possible and cryptocurrencies shall reign supreme. The Metaverse used to feel like a distant futuristic term, but since Mark Zuckerberg made a bold move to rebrand Facebook as … Read more

This Chinese billionaire has lost over 90% of his fortune | CNN Business

New Delhi CNN — The past few years have not been great for the super-rich in Chinaparticularly those who built their fortune in the country’s once red-hot property market. The net worth of Hui Ka Yan, chairman of real estate developer China Evergrande, has plunged nearly 93%, according to the Bloomberg Billionaires Index. Once the … Read more