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Despite Bukele’s popularity, some critics argue he isn’t eligible to be reelected under El Salvador’s constitution.
Salvadoran President Nayib Bukele has filed paperwork to be reelected in the country’s upcoming 2024 presidential election in February. Bukele, a Bitcoin advocate, received ...
11 months ago
Elon Musk assured those attempting to “weaponize” the Community Notes feature would be immediately found out.
Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk. ...
11 months ago
Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach since 2022, with the latest hack adding to the toll.
At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass. In an Oct. 27 ...
11 months ago
This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show.
In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot ETF acceptance, PEPE has made waves with its announcement of burning more than $5.5 millio...
11 months ago
K-Bank Acquires Majority Stake for $102 Million
Thailand’s second-largest bank, Kasikorn Bank, widely known as K-Bank, has acquired a 97% stake in the parent company of the established Satang crypto exchange. This strategic ac...
11 months ago
It marks the latest push for the U.K.-headquartered firm into the Asia-Pacific region. Founded in 2020, Zodia Custody helps financial institutions store their crypto securely.
Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is launching its services in Hong Kong, the company told CNBC exclusively. It marks the ...
11 months ago
The blockchain personality claims that his exchange and group of companies recorded a profit of $98 million in Q3 2023.
Chinese blockchain personality Justin Sun, who also serves as the de facto owner of crypto exchange HTX (formerly Huobi Global), claims that the firm, along with a group of related companies, po...
11 months ago
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgeme...
11 months ago
Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion.
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange. On Oct. 26, the Bloom...
11 months ago
Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts.
Elon Musk’s venture, X (formerly known as Twitter), aims to position itself as a central financial hub, encouraging individuals to consider using X as their primary financial solution inst...
11 months ago
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