Elon Musk Plans To Countersue Twitter In The Near Future
A recent story from the NYPost on Monday claims that Tesla CEO Elon Musk is preparing a counter-lawsuit against Twitter in an effort to scrap...
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Defiance Capital Clarifies its Relationship With Troubled Three Arrows Capital
DeFiance Capital, a cryptocurrency venture capital firm, issued a formal statement on Twitter to clarify its association with the struggling Three Arrows Capital (3AC)....
Celsius Accumulates a Debt of US$4,720 Million with its Users
Troubled crypto lending platform Celsius has accumulated a total debt of US4,720 million with its users, according to a 61-page document made public in support...
OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most tumultuous...
Celsius Network Files For Chapter 11 Bankruptcy
Just one month after freezing client assets as a result of severe market volatility that has caused some companies to lose their business models, Celsius...
According to a KuCoin Study, 14% of Saudi Residents are Crypto-Investors
Saudi Arabians are becoming more interested in and adoptive of cryptocurrencies, according to a recent KuCoin survey. It revealed that 76% of crypto investors in the...
California Launches An Investigation Into Crypto Companies
Investors have been urged by the California Department of Financial Protection and Innovation (DFPI) to exercise great care while dealing with interest-bearing cryptocurrency asset accounts,...
Judge Denies SEC Attorney-Client Privilege Claims Against Ripple
Despite the SEC’s best efforts, a U.S. court has ruled that Ripple’s internal records relating to the Hinman speech are not protected by the attorney-client...
The Central Bank of Sri Lanka Issues a Warning Against the Use of Cryptocurrency Amid Economic Crisis
In light of the continuing political unrest in Sri Lanka, which has reportedly resulted in serious sabotage of fuel and other necessities, the central bank...
Euro and Dollar are at Parity for the First Time in 20 Years
The Euro and the US dollar have hit parity for the first time in 20 years, indicating that the two currencies are equal in value....