SoundCloud Struggles to Find Profit, Now on Market for $1 Billion
From a disruptive force in music streaming to a dramatic financial turnaround, SoundCloud hits the market with a resounding price tag of $1 billion.
Iranian Exchange Bit24.cash Denies Major Data Breach
Bit24.cash, an Iranian crypto exchange, is reportedly embroiled in a possible data breach concerning sensitive user data, as reported by Cybernews on January 8. However, the exchange countered accusations of a major data breach regarding a misconfigured storage system. The Cybernews researchers alleged that sensitive KYC data, including identification documents and credit card details, were […]
Bitcoin Hits $45K Erasing Crash Losses Amid ETF Expectation
Bitcoin surged to $45,000, reversing losses from the recent flash crash, reaching a 1.7% increase and trading at $45,100 according to CoinGecko data as the crypto community awaits the U.S. SEC’s decision on various applications for a spot Bitcoin ETF. Ahead of the SEC’s ruling, exchanges seeking to list these ETFs submitted their 19b-4 forms […]
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BlackRock Set to Trim 3% of Global Workforce Ahead Bitcoin ETF Deadline
BlackRock, the world’s largest asset manager, is planning to cut about 3% of its global workforce this week. This reduction is expected amid the company’s optimism about receiving favorable news from the SEC concerning its spot Bitcoin ETF. According to foxbusiness report, approximately 600 employees could be affected, based on their performance evaluations over the […]
Mocaverse To Launch New Token Moca Coin?
Today, within the Yugaverse community, speculation arose following the discovery of a new Twitter account under the name MOCA Coin, suggesting a potential governance token focused on building the largest Web3 cultural economy. A Bored Ape Yacht Club member, Subvert, stumbled upon a verified Twitter account named MOCA Coin, hinting at the possibility of a […]
OpenAI and Microsoft Faces Copyright Infringement Lawsuit
OpenAI and Microsoft are facing a new copyright infringement lawsuit from authors Nicholas Basbanes and Nicholas Gage. They allege that the companies used their copyrighted materials to develop their AI system. The lawsuit, filed in a Manhattan federal court on Jan. 5, follows a similar case by The New York Times against Microsoft and OpenAI, […]
Is Satoshi Nakamoto Back Buying Bitcoin?
The recent transaction involving a Genesis Bitcoin address associated with Satoshi Nakamoto received nearly 27 BTC from Binance on January 6. The news has caught the attention of Conor Grogan, the Director at Coinbase. He speculated on Twitter, suggesting the transaction could either be Satoshi Nakamoto purchasing Bitcoin from Binance and transferring it to their […]
Grayscale, VanEck Submit Form 8-A With SEC for Bitcoin ETF
Grayscale Investments and VanEck both have initiated the process to register shares of a spot Bitcoin exchange-traded fund (ETF) on stock exchanges, filing notices with the United States Securities and Exchange Commission (SEC) on January 4. These filings, using Form 8-A, aim to list their shares on the Cboe BZX Exchange and New York Stock […]
India Blockchain Forum Unveils Web3 Ecosystem Directory
The launch of the Web3 ecosystem directory by India Blockchain Forum (IBF) marks a significant step in enhancing collaboration within the Web3.0 landscape. This initiative is anticipated to strengthen connectivity, spur innovation, and propel growth within the sector. Sharat Chandra, the co-founder of India Blockchain Forum, emphasized the invitation for startups, builders, and entrepreneurs to […]