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Mixin Network suffers $200M in mainnet asset drain
Mixin Network, a decentralized peer-to-peer network, has lost nearly $200 million in a mainnet hack. The hack compromised the database of a third-party cloud service provider Mixin Network has taken to X.com to confirm that its services are down as a hack has...
Court approves 76 days defense time extension in SEC prosecution against Justin Sun
The SEC vs. Justin Sun case on possible Tron (TRX) market manipulation has seen a new development after the presiding judge granted a defense extension till December 8, 2023, to explore possible resolution before motion practice. Justin Sun’s legal team gets more time...
Brazil to add crypto to debtor’s protected list
Brazilian lawmakers are working on a law that could see crypto enter the debtor’s protected assets list. This means that significant crypto holdings might start being protected from seizures on behalf of creditors in the country. Brazilian lawmakers are discussing a...
Financing: What Does It Mean?
IntroductionDefining FinancingForms of FinancingSignificance of FinancingChallenges in FinancingConclusion Introduction Financing is a fundamental concept in the world of economics and personal finance. It plays a crucial role in enabling individuals, businesses, and...
Stanford University to refund millions in crypto donations to FTX
Stanford University has indicated that it intends to reimburse millions to FTX after confirming illegal donations by Sam Bankman Fried. FTX legal counsel has increased efforts to crawl back all donations that were made by EX-CEO Sam Bankman Fried using customer...
Meta reportedly working on an AI project to rival OpenAI
Key Points Mark Zuckerberg’s Meta is reportedly working on an AI project that is meant to rival OpenAI’s ChatGPT Wall Street Journal Exclusive story indicates that Meta is in very advanced stages of AI chatbot development Meta has been on the spot before for training...