What is Chapter 11 bankruptcy? Understand the basics
Understand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy.
Day: 18 August 2023
North Korean hackers have stolen $2B of crypto since 2018: Report
TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023…
Mantle pauses token migration to stop FTX converting $43M in BIT tokens to MNT
A community member has argued that FTX’s BIT tokens should not be automatically converted because…
What is Feedzai, and how is it used to detect financial fraud?
Feedzai is an advanced, AI-powered risk operations platform that helps detect fraud at an institutional…
Shiba Inu’s Shibarium Network resumes block production after brief pause
The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to…
ChatGPT politically biased toward left in the US and beyond: Research
Even after facing evidence that ChatGPT has a political bias, the chatbot continued to insist…
Federal Reserve issues enforcement action against FTX-linked US bank
Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister…
SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk
Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the…
Mantle pauses token migration to stop FTX from converting $43M in BIT tokens to MNT
A community member has argued that FTX’s BIT tokens should not be automatically converted because…
IBM Watson team leader raises $60M for AI startup Elemental Cognition
The company provides two enterprise chatbot solutions, Cogent and Cora, which are tailored for diverse…
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgment
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury was within…
Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears
About $570 million in weekly BTC options expire on Friday, and the recent macro and…
Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various…
Crypto firm Helio Lending gets bond sentence over false license claims
Melbourne-based crypto lender Helio Lending had previously pleaded guilty to falsely claiming it had an…
NFT marketplace OpenSea to disable royalty enforcement tool
OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the…