Taiwan Police Probes Cryptocurrency Exchange Bitgin for Money Laundering
Nov 14, 2023 02:04 am UTC| Business Digital Currency Investing
Cryptocurrency exchange Bitgin is under investigation by Taiwans police on suspicions of engaging in money laundering activities. The investigation was launched following the arrest of Yuting Zhang, Bitgins chief operating...
Grok AI-inspired Token Soars to $160 Million Market Cap in Just 8 Days After Launch
Nov 14, 2023 00:21 am UTC| Business Technology Digital Currency Investing
A token inspired by Grok AI, an artificial intelligence service offered by the Elon Musk-owned social app X, has experienced explosive growth since its release. In just eight days, the tokens market capitalization has...
Shareholder activists can inadvertently raise CEO pay
Nov 13, 2023 12:06 pm UTC| Economy Investing
Activist investors or shareholders can be a powerful force in the corporate world, capable of driving significant change within companies. Their influence can be a force for good. It can extend beyond financial decisions...
Bithumb Reportedly Preparing for IPO to Increase Market Share and Crypto Power
Nov 13, 2023 08:00 am UTC| Business Digital Currency Investing
Bithumb, a South Korean cryptocurrency exchange, is reportedly aiming for an initial public offering at Kosdaq. Based on the latest reports, the companys IPO plans are already underway. According to Crypto.news, through...
FTX Drags ByBit to Court Over Asset Withdrawals, Seeks to Recover $953M
Nov 13, 2023 06:10 am UTC| Business Digital Currency Investing
FTX is reportedly going after fellow crypto exchange firm, ByBit, to retrieve funds and digital assets that were withdrawn just before the companys dramatic collapse last year. Likewise, the firm took the latter to court...
Celsius Network Ends Bankruptcy as New York Court Approves Its Payment Plan
Nov 10, 2023 06:54 am UTC| Business Investing Digital Currency
Celsius Network LLC, a known cryptocurrency lending company, has been cleared to exit from bankruptcy. This comes after a New York judge approved its exit plan including a payments scheme for creditors. The bankruptcy...
Standard Chartered’s Investment Arm, SBI Holdings to Set Up Digital Asset Joint Venture in the UAE
Nov 10, 2023 05:46 am UTC| Business Fintech Investing
SC Ventures will collaborate with Japanese financial conglomerate SBI Holdings to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). This partnership aims to capitalize on the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight