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Tag: both financially

Cyberattack Takes Frontier Communications Offline

Texas-based Frontier Communications, which provides local residential and business telecom services in 25 states, has shut down its operations in the wake of a...

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North Korean Cyberspies Target GitHub Developers

The North Korean state-sponsored Lazarus advanced persistent threat (APT) group is back with yet another impersonation scam, this time posing as developers or recruiters with legitimate...

Block’s 5nm Bitcoin Mining Chip Prototype

The financial services and technology business Block, which is controlled by Jack Dorsey, has just finished the prototype design of its new 5nm Bitcoin...

Jack Dorsey’s Nano Bitcoin Mining Chip Heads to Prototype

Block, a financial services and technology business founded by former Twitter CEO Jack Dorsey, has announced the completion of the prototype...

Parler Shut Down for Reboot Under New Owner—And It’s Not Kanye West

The "free speech" social media platform Parler was abruptly taken offline following its Friday acquisition by digital media conglomerate Starboard. The new owner, formerly...

Rental and Sharing-economy – Where does it start and where does it end? (Joris Lochy)

A few years ago everyone was predicting the end of the consumption-economy and the rise of the sharing (and in extension rental) economy. Today,...

Kraken Shuts Down Staking Dept. Following SEC Battle

It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting...

Galois Capital Shuts Down After Losing Half Its Assets in ‘FTX Disaster’

Crypto-focused hedge fund Galois Capital is the latest high-profile entity to call it quits after FTX’s collapse.According to a Monday report from Financial Times,...

Galois Capital Shuts Down: Remaining Assets Will Reach Investors

Galois Capital has decided to stop trading after being victimized by FTX’s fall. A major share of the fund was trapped at FTX during...

Crypto hedge fund Galois shuts down following exposure to FTX

Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the...

Financial expansion driven by cryptocurrency and blockchain adoption in 2023

Understand how blockchain technology and cryptocurrencies like Bitcoin work and how they affect financial innovation. Consumer interest...

Coinbase (COIN) Cuts Another 20% of Workforce amid Persistent Crypto Winter

Coinbase (COIN) has made a fresh round of layoffs. The crypto exchange announced on Tuesday that it had fired about 950 people...

5 Tales From the Crypto: Fidelity’s New Offering, Ledger’s Card, Kriptomat’s Exchange, and More!

If you’ve been crying over your crypto wallet due to all the negative headlines about digital currencies, then now is the time to...

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