New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago, it announced the departure of CEO Robert Gutmann and President Yan Zhao. Despite the redundancies, the former leaders remained as key members of NYDIG’s parent company – Stone Ridge Holdings Group. Joining the Dismissal Spree The Wall Street Journal informed that last month...
Read More »Sammelklage gegen Visa und Mastercard: Schweizer Unternehmen winken hohe Gebührenrückzahlungen
Im Namen einer Vielzahl von europäischen Klägern wurde bei einem spezialisierten britischen Wettbewerbsgericht eine Sammelklage gegen Visa und Mastercard eingereicht. Die Kläger fordern Schadensersatz für unrechtmäßige Gebühren. Harcus Parker reicht Klage beim britischen Competition Appeal Tribunal (CAT) ein Harcus Parker, eine im Vereinigten Königreich ansässige Anwaltskanzlei für Handelsstreitigkeiten, reichte die Klage gegen Visa und Mastercard ein. Der Fall wird vor dem Competition...
Read More »Creditors Oppose Immunity From Future Bankruptcy Lawsuits Plans for Voyager Execs
Lawyers representing the Official Committee of Unsecured Creditors (UCC) of Voyager Digital have raised objections to sweeping legal immunity being planned for the firm’s senior executives. Last month, the Sam Bankman-Fried (SBF)-led crypto exchange FTX won the bid for Voyager for $1.4 billion, beating Binance in the race. However, the Voyager management has reportedly added immunity from future lawsuits for its top executives as a precondition for the deal to get through. ...
Read More »Bitcoin Traders Are Trying to Ignore the Fed
It appears bitcoin and crypto traders are doing their best to ignore any upcoming rate hikes set to be instituted by the Fed and that they are working hard to get past all the damage that’s already been done to the industry. The Fed Has Hurt BTC The Federal Reserve (Fed) has been on a roll as of late. That roll has involved hiking rates as a means of fighting inflation, which has been running rampant under failing commander-in-chief Joe Biden. However, it has come to...
Read More »Elon Musk is Under Federal Investigation Over Twitter Deal
The billionaire Tesla and SpaceX boss Elon Musk is being investigated by Federal authorities regarding his conduct around his $44 billion deal to buy Twitter. That’s according to a recent filing from Twitter, which seeks to unearth critical documents that Musk is supposedly withholding from the firm. Musk’s Documents As reported by Reuters, it is still unclear what exactly the probe is focused on, or which federal authorities are conducting the investigation. However,...
Read More »Bitcoin’s Rollercoaster Towards $20K, Inflation Numbers, and Google’s Foray into Crypto: This Week’s Recap
The past week saw the total cryptocurrency market lost about $30 billion in the past seven days, where most of the action took place yesterday. This was somewhat expected, given the US Bureau of Labor Statistics published the CPI numbers then. Let’s dive in. Bitcoin spent the majority of the week slowly bleeding out. The cryptocurrency was showing absolutely no signs of strength, which resulted in a painful chop and a decline below $19,000 on a couple of occasions. All this...
Read More »JPMorgan Posts Q3 2022 Results, Tops Analysts’ Estimates on Profit & Revenue
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Read More »SAI.TECH Sponsored the CRC Crypto Event
SAI.TECH – a digital currency and bitcoin mining operator that runs on clean energy – has announced it will be sponsoring and presenting the 2022 Cryptocurrency Research Conference (CRC), which will be held in Durham in the United Kingdom. The CRC Is Underway The CRC offers digital currency mining firms the opportunity to both present and hear new ideas regarding the development of digital currency trends. SAI.TECH has been sponsoring the event since 2021. Arthur Lee –...
Read More »Online Luxury Watch & Jewelry Shop Watches World Lets Customers Pay with Over 100 Different Cryptocurrencies
Press Release: Watches World has implemented the UTRUST payment protection solution on its online shop, allowing customers to use over 100 different cryptocurrencies to buy luxury watches & jewelry. 14th October, Miami, USA — Luxury watch and Jewelry online shop ‘Watches World’ has made a significant foray into the blockchain world with the adoption of crypto payment support for BTC, ETH, BNB, SOL, and dozens of other top cryptocurrencies. Watches World has...
Read More »MoonXBT Announces Country Level Cooperation with Cambodia Signing MOU with SERC
[PRESS RELEASE – Please Read Disclaimer] MoonXBT, the leading crypto social trading exchange, signed the MOU with Securities and Exchange Regulator of Cambodia (SERC) on Oct, 11th at One Central Tower in Phnom Penh, Cambodia. MoonXBT will work with SERC closely in cooperation to promote the development of the digital assets in Cambodia in the regards of raising awareness and human resources, etc. The MOU signing conference was attended by some of the highest level officials...
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