In brief: Judge Kathaleen McCormick, who is handling the Twitter lawsuit against Elon Musk, has set an October hearing for the case. Elon Musk, through his lawyers, had sought to push the lawsuit to February 2023. Judge McCormick’s decision was made via Zoom as she had earlier been diagnosed with...
Summary: SBI Holdings has invested an undisclosed amount in the New York-based startup of Digital Asset. The two companies will establish a joint venture in Japan under equal ownership, operating within the country and the East Asian Markets. SBI Holdings and Digital Asset will collaborate to drive a concept of...
Quick take: A meme account Tweeted a fake headline that Costco was raising the price of its hot dogs due to inflation. The fake news was widely circulated even by mainstream media leading to Costco’s stock falling by 13%. The stability of $1.50 hot dogs has resulted in crypto Twitter...
Dubai virtual asset regulatory authority VARA looks forward to its Metaverse debut with the Sandbox This will be the first instance where a crypto regulatory authority is marking its presence in the metaverse by launching its virtual digital headquarters. Dubai’s recently established virtual asset regulatory authority commonly referred to as...
Summary: Tyler Winklevoss has thanked Elon Musk for his successful bid on Twitter According to Reuters, Twitter is set to accept Musk’s $43 billion offer Cameron Winklevoss hails the purchase of Twitter as a new beginning for free speech as it will end censorship on the platform The co-founder of...
Summary: Elon Musk has stated that the salaries of Twitter board members ‘will be $0’ if his takeover bid succeeds Elon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a ‘part-time job’ The Twitter board, excluding Jack Dorsey, collectively...
Summary: Google has issued an emergency security update for Chrome (version 99.0.4844.84) The security update addresses just a single issue: an actively exploited zero-day vulnerability identified as CVE-2022-1096 Google has not released technical details of the vulnerability Earlier this year North Korean hackers had exploited a similar vulnerability, targeting crypto...
President Volodymyr Zelenskyy signs virtual asset law as Ukraine looks to regulate crypto exchanges and maintain funding routes for defense efforts against Russia.
Cryptocurrency exchange giant FTX furthers expansion push with its latest license issued by market supervisors in the United Arab Emirates. FTX has obtained regulatory approval from Emirati authorities. The exchange is set to operate in the UAE under a virtual asset exchange (VAX) license. CEO Sam Bankman-Fried confirmed the news...
Quick take: Ukraine has purchased 5,550 bulletproof vests, 500 ballistic plates for the vests, 500 helmets, and more using the country’s crypto fund According to the Deputy Minister of Digital Transformations of Ukraine, Alex Bornyakov, the equipment is already saving lives in the field Deputy Minister Bornyakov has thanked everyone...
In brief: The Ukrainian government has announced an airdrop to addresses that have donated to the humanitarian and military effort in the country Exact details of the airdrop are yet to be provided and whether it will include only Ethereum addresses Crypto has been donated to Ukraine using other networks...
In brief: Both Visa and Mastercard plan to block Russian banks from accessing their networks The move is part of sanctions against Russia for invading Ukraine Visa and Mastercard have each pledged $2 million towards humanitarian efforts in Ukraine The global payment platforms of Visa and Mastercard have announced plans...
