2022-6-27 15:48 |
The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Yield generation app Stablegains could be facing a class-action lawsuit after the company lost more than $44 million of customers funds by investing them in Terras failed UST stablecoin. Stablegains...
2022-5-20 18:42 | |
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Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close.
2022-5-9 15:00 | |
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Very few companies in the cryptocurrency space attract as much negative attention as BitMEX these days. The company faces another lawsuit for market manipulation and fraud. Most cryptocurrency enthusiasts are familiar with the BitMEX name.
2020-5-21 05:00 | |
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XRP, the cryptocurrency launched by fintech company Ripple, appears not to have been impacted by the news of a new lawsuit against the firm. The XRP market currently shadows gains in the broader crypto market as Ripple faces yet another lawsuit connected to its use and sale of XRP.
2020-5-6 17:03 | |
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Coinspeaker ZM Stock Up 11%, Zoom Has 300M Users Daily, 50% More Than in Early AprilZoom Video Communications (ZM) stock jumped over 11% today. This comes as the company recorded 300 million daily users, up 50% from the beginning of April even as the company battles a privacy backlash and faces competition from Google Meet.
2020-4-24 21:43 | |
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Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD.
2020-2-14 17:57 | |
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The BitConnect Ponzi Scheme has made quite an impact on the cryptocurrency space. It now appears that a somewhat similar project has popped up in Brazil. Known as Genbit, the company faces some serious allegations.
2020-2-6 07:00 | |
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The Cardano Foundation’s newest council member believes that improving communication with the Cardano community is the organization’s top priority. Tamara Haasen, IOHK’s chief of staff and one of the latest members to join the foundation, said time is of the essence in this industry and that the company needs to be able to communicate its […] The post New faces at the Cardano foundation highlight the need for general strategy appeared first on CryptoSlate.
2020-1-25 23:00 | |
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Coinspeaker Facebook Faces Class-Action Lawsuit to Split the Company and End ‘Anti-Competitive Scheme’Facebook is battling yet another lawsuit brought by a few competitors.
2020-1-18 17:55 | |
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Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles.
2020-1-12 09:21 | |
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A U. S. judge has ruled that Coinbase must face negligence charges over its actions around the launch of Bitcoin Cash trading. However, the majority of claims against the company, including those of fraud and unfair competition, were thrown out.
2019-8-8 15:00 | |
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A contract programmer has pleaded guilty to planting “logic bombs” inside a client’s spreadsheets in an attempt to receive extra work from the company every time the software crashed. David Tinley — the Pennsylvania-based 62-year-old contract programmer in question — now faces a fine of up to $250,000, up to 10 years in prison, or both.
2019-7-25 12:25 | |
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A convenience store in Tacoma has installed a facial recognition security system to deny customers entry unless they’re approved by an AI. This news has likely been well-received by the city’s discrimination attorneys.
2019-7-2 03:41 | |
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Internal communication seem to be this mystical concept that means very different things to everyone. For a PR nerd, it is a silver bullet that helps you improve everything about a company. If you are an HR specialist, it is something that reduces the workload.
2019-6-11 11:02 | |
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Boston Dynamics has become somewhat of a household name over the past few years. This is primarily due to the company’s advancements in the world of robotics. Numerous videos of its products and changes have put a smile on faces.
2019-6-6 23:00 | |
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The United States Securities and Exchange Commission on June 4 filed a lawsuit against Kik Interactive, the company behind… The post Token KIN Faces Death As SEC Sues KIK For Selling Unregistered Securities appeared first on Invest In Blockchain.
2019-6-5 08:50 | |
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By CCN: Google parent company Alphabet is on the hot seat with the U. S. Department of Justice. The Wall Street Journal reported Friday that the DOJ is preparing an antitrust investigation into the internet search giant.
2019-6-1 06:30 | |
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By CCN: Google was only the beginning of Chinese multinational tech giant Huawei‘s woes. The odds are increasingly stacked against the popular smartphone maker now that it is losing business with one of its biggest partners: British chip designer Arm Holdings.
2019-5-24 00:28 | |
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By CCN: The myriad privacy issues Facebook has been mired in are turning off the very people it wants to hire to help it improve its platform. These are the findings of former recruiters who shared the details with CNBC.
2019-5-19 13:04 | |
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By CCN: Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week. But independent investment banking advisory firm Evercore ISI believes that the bloodbath isn’t done yet and has lowered its stock price target to $200 from $240.
2019-5-16 23:00 | |
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Another scandal is brewing in the cryptosphere and this time, it involves Northway Mining. New-York based Miner Hosting company, NorthWay has been accused of the theft of about 5100 pieces of mining rigs.
2019-5-5 00:10 | |
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At Facebook’s annual F8 conference one of Mark Zuckerberg’s themes was “the future is private. ” This news also comes on the back of Facebook’s earlier announcements of launching a stablecoin for Whatsapp and its other efforts of decentralization.
2019-5-3 23:00 | |
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You’ve already seen how AI can be used to generate eerily realistic images of human faces, food, and even Airbnb homestays. Kyoto-based firm DataGrid is taking things a step further to creep you out with complete human bodies conjured afresh from images it’s gleaned.
2019-5-1 10:26 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Hackers tend to go after any account that they think they can get funding from, and no one appears to be off the table. Misha Nonoo, a designer and friend to Meghan Markle, became one of the latest victims, as her company’s email list was hacked, allowing the attackers to send out threats to any […]
2019-4-24 02:36 | |
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Coinspeaker Facebook CEO Mark Zuckerberg Faces Shareholders’ Backlash, Asked to Step DownFacebook's shareholders have accused Zuckerberg of resolving to dictatorial tactics and leveraging an excessive control on the company's governance.
2019-4-16 13:10 | |
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A trading desk manager formerly employed with cryptocurrency exchange Kraken has sued the company for more than $900,000. He alleges that Jesse Powell, the founder of Kraken, backtracked on an earlier promise and didn’t pay him for the work he had done before parting ways with the company.
2019-4-9 13:59 | |
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The servers of Electrum, a popular Bitcoin wallet, were under heavy denial-of-service (DoS) attacks Sunday night; The total amount stolen could be in the “millions of dollars” so far. The company advised its users to limit the use of the platform until the issue is resolved, but provided little information on the investigation that’s underway.
2019-4-9 00:00 | |
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As part of their latest investigative efforts, Canadian law enforcement authorities have frozen the assets owned by the founders of blockchain services company Vanbex. These efforts are in line with the probes that have been carried out by the government agency since 2017— when the aforementioned firm was able to raise a whopping $22 million […]
2019-4-1 18:05 | |
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German automaker Volkswagen is facing a lawsuit filed over its actions toward investors during the so-called “Dieselgate” scandal. Filed by the Securities and Exchange Commission (SEC), the lawsuit alleges that the automaker allowed investors to buy $13 billion worth of company bonds despite being aware of a growing scandal involving illegal software used to manipulate emissions’ testing results.
2019-3-21 02:41 | |
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These are not the best of times for Tesla CEO Elon Musk. Fresh from dealing with a stock price crisis caused by weak sales and presumed consumer apathy, he is again facing legal action from the SEC, in addition to dealing with Tesla’s weak financial situation and amssive layoffs.
2019-3-20 06:15 | |
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In January, IBM published a research study dubbed ‘Diversity in Faces‘ to explore whether AI-based systems developed biases against people based on their appearance. The company used a dataset consisting of nearly a million pictures of people’s faces from photo-hosting site Flickr.
2019-3-13 15:28 | |
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Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in the Nordic region.
2019-3-5 21:30 | |
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Ledger, a French cryptocurrency hardware wallet manufacturer, has faced criticism for failing to conduct proper testing before launching a firmware update to their Nano S wallet. While the company said that the update, which significantly decreased the device’s storage, was the result of a mistake, some users speculated it was part of a scheme to […] The post Ledger Faces Backlash for Failing to Properly Test Nano S Software Update appeared first on CryptoSlate.
2019-3-1 09:06 | |
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Tesla investors should be nervous right now. The company faces a looming $1 billion debt deadline on Friday. The repayment will wipe out a third of Tesla’s cash reserves instantly. But it gets worse.
2019-2-28 18:25 | |
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In India’s fast-growing mobile device market, phones priced between Rs 10,000-15,000 ($150-230) sell like hot cakes. In the past couple of years, Xiaomi has been a top choice for customers in the country buying a new device in that range.
2019-2-13 14:43 | |
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Last September, when Twitter CEO Jack Dorsey appeared in front of US Congress, several Republican representatives asked him about the company’s bias against conservatives on the platform. While Dorsey denied this claim, the accusations continued to roll in over the following months.
2019-2-12 09:49 | |
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Hamas recently made headlines after asking supporters to send them Bitcoin in order to further operations. The group, considered a terrorist organization by many countries, faces a land, air, and sea blockade by Egypt and Israel on the Gaza Strip.
2019-2-5 17:37 | |
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Stox is a company that was launched by Moshe Hogeg in 2013 as a subsidiary of Invest.com, another business of Hogeg’s. Despite already being life, Hogeg chose to wait until last year to officially launch an initial coin offering (ICO), which many people may remember for its promotion by boxer Floyd Mayweather. As a result […]
2019-1-25 09:33 | |
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Bitmain, the world’s leading ASIC manufacturer is facing major headwinds in its attempt to launch an Initial Public Offering. According to a report published by the South China Morning Post,… The post Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues appeared first on CoinCentral.
2018-12-25 21:38 | |
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The CFO of Chinese telecom giant Huawei, Meng Wanzhou, was arrested in Canada on Saturday for allegedly violating US trade sanctions against Iran, reports The Globe and Mail. Wanzhou, who is also the daughter of Huawei founder Ren Zhengfei, was arrested in Vancouver over the weekend when she was transferring flights in Canada.
2018-12-6 10:55 | |
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Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses.
2018-12-5 13:00 | |
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Children in the Rwandan village of Kasebigege are being given a greater chance to pursue a sound education as construction on a new school, developed by bitcoin marketplace Paxful, has been completed.
2018-12-3 22:11 | |
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Jeffery Berk, who lost a previous battle against the exchange, is part of the new lawsuit claiming that the company has breached its listing rules in favor of employees’ trading.
2018-11-23 20:41 | |
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FirstCoin Club Collapses Amidst Accusations Of Fraud Never trust a Ponzi scheme. It should be obvious, right? Unfortunately, it’s generally not. FirstCoin Club was a Ponzi scheme launched in 2017 that called out the attention of many investors who used their real money and got the useless altcoin of the company as a prize. As […]
2018-11-13 01:18 | |
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GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.
2018-10-23 19:00 | |
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Bitmain’s beleaguered IPO faces further challenges as the latest Trump tariffs hit mining hardware. The situation is also likely to affect planned IPOs by Canaan and Ebang according to the South China Morning Post.
2018-10-17 04:00 | |
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As Ethereum faces intense pressure from bearish market forces, a number of distinctive faces within the cryptocurrency community have been making comments to counter the overall FUD (fear, uncertainty, doubt) sentiment seen in September.
2018-9-14 10:30 | |
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At today’s special event, Apple COO Jeff Williams announced the Apple Watch Series 4, the latest addition to the company’s wearable line. The Series 4 is thinner than the Series 3, but the screen is 30 percent larger.
2018-9-12 20:18 | |
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Altcoin rotation hopes rise as Van de Poppe links business-cycle signals, copper-gold strength and Clarity Act progress to crypto recovery.
Crypto.com's UAE license could accelerate digital payment adoption, supporting Dubai's cashless strategy and influencing global crypto regulations. The post Crypto.com wins UAE central bank license to let residents pay government bills with crypto appeared first on Crypto Briefing.
Circle's Arc blockchain initiative could redefine institutional finance, fostering innovation and competition in the stablecoin market. The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared first on Crypto Briefing.
Midas' Series A funding and mTokens' growth highlight a shift towards more transparent, flexible, and accessible onchain investment solutions. The post Midas secures $50M Series A as mTokens surpass $1.
BNP Paribas' crypto ETNs could significantly boost retail investor access to digital assets, potentially reshaping France's financial landscape. The post France’s largest bank to debut Bitcoin, Ether ETNs for French retail clients tomorrow appeared first on Crypto Briefing.
The bankruptcy and legal fallout from Goliath Ventures' Ponzi scheme could erode trust in crypto investments and impact financial regulations. The post Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme appeared first on Crypto Briefing.
Citigroup's potential acquisition could reshape its competitive landscape, leveraging freed capital for strategic growth and digital innovation. The post Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending appeared first on Crypto Briefing.