Genesis Reaches Settlement With Parent Firm DCG in $620M Lawsuit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The embattled cryptocurrency lender, Genesis, and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the lengthy lawsuit seeking the recovery of $620 million in repayments from DCG.… Continue reading Genesis Reaches Settlement With Parent Firm DCG in $620M Lawsuit

Disney’s Box Office Slump Continues as ‘Wish’ Also Flops

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Entertainment giant Disney’s box office slump continued into the Thanksgiving weekend as the company’s theatrical release “Wish” flopped adding to the long list of titles that have performed poorly. Wish generated just $31.6… Continue reading Disney’s Box Office Slump Continues as ‘Wish’ Also Flops

Former Binance CEO CZ Required to Stay in US Ahead of Prison Sentencing

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A federal judge has ordered former Binance Chief Changpeng Zhao (CZ) to remain in the United States until his sentencing in February 2024. This directive follows his guilty plea for violating anti-money laundering… Continue reading Former Binance CEO CZ Required to Stay in US Ahead of Prison Sentencing

Circle and SBI Holdings Sign MoU to Increase USDC Adoption in Japan

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. USDC stablecoin maker and issuer Circle has signed a memorandum of understanding (MoU) with SoftBank’s subsidiary SBI Holdings. Expansion Into Asia Making the announcement on its official X (formerly Twitter) handle, Circle stated… Continue reading Circle and SBI Holdings Sign MoU to Increase USDC Adoption in Japan

Alibaba Overhauls Cloud Unit Leadership After Scrapping IPO: Key Takeaways

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chinese tech giant Alibaba (NYSE: BABA) which scraped its cloud segment’s IPO plans has now overhauled the top leadership at the key business segment. Here are the key takeaways. Alibaba would increase the… Continue reading Alibaba Overhauls Cloud Unit Leadership After Scrapping IPO: Key Takeaways

ARK Invest Sheds Nearly 700K GBTC Shares From Portfolio In One Month

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cathie Wood’s Ark Invest has continued to reduce its Grayscale Bitcoin Trust (GBTC) holdings. The technology-focused asset management firm has so far shed off 700,000 GBTC shares. 36,000 Plus Shares Jettisoned on Wednesday… Continue reading ARK Invest Sheds Nearly 700K GBTC Shares From Portfolio In One Month

Robert Kiyosaki Advocates Bitcoin as the Ultimate Protection Against Hyperinflation, Embracing it as the People’s Money Beyond Government Control

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robert Kiyosaki, the author of the well-known book “Rich Dad Poor Dad,” is advising investors to prepare for hyperinflation and considers Bitcoin as a strong defense. He sees Bitcoin as a form of… Continue reading Robert Kiyosaki Advocates Bitcoin as the Ultimate Protection Against Hyperinflation, Embracing it as the People’s Money Beyond Government Control

Source: Crypto Daily

HTX Exchange Faces Second Attack, Loses $13.6M in Cross-Chain Exploit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cryptocurrency exchange HTX has suffered an estimated loss of $13.6 million due to the exploitation of the HECO Chain bridge. This recent security breach follows a previous hack in September, during which the… Continue reading HTX Exchange Faces Second Attack, Loses $13.6M in Cross-Chain Exploit

Crypto Lender Genesis Begins Legal Battle With Gemini Over $689M Withdrawn During Insolvency

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Embattled crypto lender Genesis Global Capital has begun a legal battle with its former business partner, Gemini Exchange. In a newly filed court document, the platform is suing Gemini for making withdrawals well… Continue reading Crypto Lender Genesis Begins Legal Battle With Gemini Over $689M Withdrawn During Insolvency