News

Nov 01
Ripple’s allies expand: Coinbase files amicus brief in fight against SEC

Crypto exchange Coinbase has filed documentation asking permission to help Ripple Labs in its ongoing legal battle with the SEC. 2643 Total views 28 Total shares United States-based crypto exchange Coinbase has become the latest organization to stand behind Ripple Labs in its legal battle against the Securities and Exchange Commission (SEC), which could wrap […]

Nov 01
Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021

Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned. 928 Total views 14 Total shares The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — […]

Nov 01
I’m the captain now: Musk chops Twitter board, becomes sole director

Crypto-friendly billionaire Elon Musk has become the sole director of Twitter, following the dissolution of nine former board members, according to newly filed documents.  In an SEC filing dated Oct. 27, the “consummation” of Musk’s takeover of Twitter came with the dissolution of Twitter’s board members, including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha […]

Nov 01
Huobi Global denies ‘large-scale layoffs’ and key exec resignations

A spokesperson from Huobi Global says rumours of layoffs are “untrue” and the “senior management team is performing their duties as per normal.” 577 Total views 62 Total shares Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover […]

Nov 01
Biden backs windfall tax for oil companies: ‘It’s time for these companies to stop war profiteering’

President Joe Biden called for Congress to look into a windfall tax for oil companies, as he made an effort to address elevated gasoline prices ahead of next week’s midterm elections. “It’s time for these companies to stop war profiteering, meet their responsibilities in this country and give the American people a break and still […]

Nov 01
Stryker Corp. stock falls after company lowers outlook for 2022

Shares of Stryker Corp. SYK, +0.00% fell more than 4% in the extended session Monday after the maker of surgical equipment and other medical devices reported third-quarter results above analyst expectations but lowered its profit outlook for the year, thanks to inflation and a stronger dollar. Striker earned $816 million, or $2.14 a share, in […]