Retool Identified as Third-party Vendor in Fortress’ $15 Million Crypto Theft

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. San Francisco-based software company Retool has been identified as the third-party platform through which $15 million in Fortress Trust funds were stolen. Theft Fast-Tracks Fortress’ Acquisition In a September 7 tweet, API-focused e-payment… Continue reading Retool Identified as Third-party Vendor in Fortress’ $15 Million Crypto Theft

FTX Modifies Crypto Sale Plan to Appease US Government

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The bankrupt FTX exchange has revised its strategy for liquidating its substantial crypto holdings. The exchange’s new approach involves prioritizing the sale of its multi-billion-dollar crypto assets before distributing funds to its creditors,… Continue reading FTX Modifies Crypto Sale Plan to Appease US Government

Binance CEO Brushes Off Rumors Amid Executive Departures

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance CEO Changpeng ‘CZ’ Zhao took to Twitter to address the “negative reports” and speculations surrounding the company following the departure of several top executives. Zhao Refutes Rumors On September 7, Changpeng “CZ”… Continue reading Binance CEO Brushes Off Rumors Amid Executive Departures

ARK Invest & 21 Shares Submit Application for First Ethereum ETF

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. ARK Invest and 21Shares have jointly submitted a regulatory application seeking approval to introduce an exchange-traded fund (ETF) specifically designed to secure ether (ETH). First of Its Kind On September 5, Cathie Wood’s… Continue reading ARK Invest & 21 Shares Submit Application for First Ethereum ETF

Gala Games’ Founders Sues Each Other Over Corporate Waste and Embezzlement

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Gala Games co-founders Wright Thurston and Eric Schiermeyer have filed lawsuits against each other in a Utah District Court. Schiermeyer’s suit alleged that Thurston misappropriated $130 million worth of GALA tokens, while the… Continue reading Gala Games’ Founders Sues Each Other Over Corporate Waste and Embezzlement

Source: AdobeStock

SEC Set to Announce Decision on 7 Bitcoin ETFs Application Early Next Week

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S. regulator is set to make decisions regarding Fidelity, BlackRock, Bitwise, and other entities after initially postponing its ruling on the proposed ARK 21Shares Bitcoin ETF. However, experts believe the SEC’s approval,… Continue reading SEC Set to Announce Decision on 7 Bitcoin ETFs Application Early Next Week

Kroll’s Cybersecurity Breach Affects FTX and BlockFi Customers’ Data

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A security breach has occurred at Kroll, an external representative responsible for handling creditor demands for bankrupt firms. This breach has resulted in the exposure of customer personal information from the insolvent cryptocurrency… Continue reading Kroll’s Cybersecurity Breach Affects FTX and BlockFi Customers’ Data