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Technology

Technology

FTX says it’s removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack

In this photo illustration, the FTX website is seen on a computer on November 10, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency...

by admin November 12, 2022
FTX says it's removing trading and withdrawals, moving digital assets to a cold wallet after a 7 million suspected hack
Technology

Sam Bankman-Fried reportedly denies fleeing to Argentina, says he’s still in the Bahamas

Sam Bankman-Fried, CEO and Founder of FTX, walks near the U.S. Capitol, in Washington, D.C., September 15, 2022. Graeme Sloan | Sipa via AP...

by admin November 12, 2022
Sam Bankman-Fried reportedly denies fleeing to Argentina, says he's still in the Bahamas
Technology

Between $1 billion and $2 billion of FTX customer funds have disappeared, SBF had a secret ‘back door’ to transfer billions: Report

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty...

by admin November 12, 2022
Between  billion and  billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions: Report
Technology

Elon Musk is now working out of Twitter headquarters, thanks employees for long hours

Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters On Friday, Twitter‘s new...

by admin November 11, 2022
Elon Musk is now working out of Twitter headquarters, thanks employees for long hours
Technology

Twitter pauses paid verifications after users abuse service to impersonate brands and people

In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone...

by admin November 11, 2022
Twitter pauses paid verifications after users abuse service to impersonate brands and people
Technology

Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein...

by admin November 11, 2022
Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy
Technology

Crypto peaked a year ago — investors have lost more than $2 trillion since

An attendee wears a “Will Work for NFTs” shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022....

by admin November 11, 2022
Crypto peaked a year ago — investors have lost more than  trillion since
Technology

After FTX collapse, crypto investors need to rethink how they hold assets, Blockchain.com CEO says

This week’s FTX collapse is “a tragedy and total failure of governance,” Blockchain.com CEO and co-founder Peter Smith told CNBC’s “Closing Bell” on Thursday,...

by admin November 10, 2022
After FTX collapse, crypto investors need to rethink how they hold assets, Blockchain.com CEO says
Technology

Elon Musk tells Twitter staff he sold Tesla stock to save the social network

Twitter’s new owner Elon Musk, who is also CEO of electric vehicle maker Tesla and U.S. defense contractor SpaceX, told employees of the social...

by admin November 10, 2022
Elon Musk tells Twitter staff he sold Tesla stock to save the social network
Technology

Read Elon Musk’s first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn

In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network’s “work from home...

by admin November 10, 2022
Read Elon Musk's first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn
Technology

Crypto billionaire Sam Bankman-Fried blames himself for FTX’s collapse, admits he ‘f—ed up’

FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.” Bankman-Fried also announced that...

by admin November 10, 2022
Crypto billionaire Sam Bankman-Fried blames himself for FTX's collapse, admits he 'f---ed up'
Technology

Apple will ‘take years’ to diversify away from China, says Counterpoint Research

A display of iPhone 14 smartphones at the Apple Inc. Regent Street store in London, UK. Bloomberg | Bloomberg | Getty Images Apple will...

by admin November 10, 2022
Apple will 'take years' to diversify away from China, says Counterpoint Research
Technology

President Biden says Elon Musk’s relationships with other countries are worth looking into

Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Asked on Wednesday whether Tesla, SpaceX and...

by admin November 9, 2022
President Biden says Elon Musk's relationships with other countries are worth looking into
Technology

Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse

Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse....

by admin November 9, 2022
Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse
Technology

Elon Musk took over a struggling business with Twitter and has quickly made it worse

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images When Elon...

by admin November 9, 2022
Elon Musk took over a struggling business with Twitter and has quickly made it worse
Technology

Elon Musk sells at least $3.95 billion worth of Tesla shares after Twitter deal

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November,...

by admin November 9, 2022
Elon Musk sells at least .95 billion worth of Tesla shares after Twitter deal
Technology

Twitter exec says there will soon be three types of accounts: official, paid and unlabeled

Twitter product executive Esther Crawford revealed details about the way the social network’s new verification scheme will work on Tuesday, following the company’s acquisition...

by admin November 9, 2022
Twitter exec says there will soon be three types of accounts: official, paid and unlabeled
Technology

FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world’s largest cryptocurrency firm, announced plans to...

by admin November 8, 2022
FTX's token plunges 80% on liquidity concerns, wiping out over  billion in value
Technology

This 22-year-old survives Lebanon with a bitcoin mining business that’s been earning $20,000 a month

Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh. Ahmad Abu Daher It takes a lot to keep a...

by admin November 8, 2022
This 22-year-old survives Lebanon with a bitcoin mining business that's been earning ,000 a month
Technology

Twitter early investor Chris Sacca says Elon Musk is ‘alone right now and winging this’

Billionaire Chris Sacca Courtesy of Collision Conference Venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the...

by admin November 7, 2022
Twitter early investor Chris Sacca says Elon Musk is 'alone right now and winging this'
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