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FTX: Cryptocurrency Market on the Brink of Stock Exchange Collapse
On Tuesday, FTX signed a bailout deal with bigger rival Binance after a surge in withdrawals triggered a “significant liquidity crunch.” Concerns about FTX’s financial health reportedly caused him...
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Elon Musk is selling nearly $ 4 billion worth of Tesla stocks
Tesla CEO Elon Musk has sold 19.5 million shares in the electric car maker worth $3.95 billion (£3.4 billion) in a filing with the US Financial Services Authority. The news comes less than two weeks after...
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Zuckerberg, Meta Owner to cut 13% of its workforce
Meta, which owns Facebook, Instagram and WhatsApp, has introduced that it’s going toreduce 13% of its workforce. The first mass layoff in the company’s history will put 11,000 of its 87,000...
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Foxconn: iPhone maker bets on electric truck company Lordstown Motors
The tech giant is spending up to $170m (£147.8m) in shares in loss-making start-up Lordstown Motors. The big cash injection comes as the company intends to ramp up production of its first model, the Endurance....
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Hushpuppi: Notorious Nigerian scammer jailed for 11 years in the United States
Hushpuppi, whose real name is Ramon Abbas, was also sentenced to pay $ 1,732,841 (£ 1,516,182) to two victims. The influencer became famous for showing off his comfortable lifestyle on his page, which...
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$3 Billion Stolen Bitcoin Mystery Ends With Popcorn Box Found
The stash of 50,676 Bitcoins was found hidden on various devices in a hacker’s house in an under-floor safe and in a box of popcorn. James Zhong pleaded guilty to hacking funds from the illegal Silk...
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