serts/E+ via Getty Images Today, I’d like to discuss a small-cap company that is disrupting a much-needed sector of the healthcare industry. This company has beaten the S&P 500 since its IPO date in 2019 as the stock is up over 250% in that time span. So far, in 2024 the company is beating the…
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN PRISON FOR MULTI-BILLION DOLLAR FTX FRAUD pic.twitter.com/M9HotmBma2 — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024…
In a new blog post, Vitalik Buterin noted the loss of the original web3 values, the ways that the community can get back on track, and the progress that Ethereum has made so far. Vitalik Buterin has always been a big personality. As one of the founders of Ethereum, he has been a major figure…
The Montenegrin Ministry of Justice faces the challenge of reaching a conclusive decision on Kwon Do-hyung’s repatriation by the approaching deadline of December 15. A high-ranking official in Montenegro is considering extraditing Do Kwon to the US to answer criminal charges related to the collapse of his TerraUSD (UST) stablecoin and Luna (LUNA) token, according…
Kwon has requested input from Cosmos community members, as he asked them to put forward their ideas about a split. On Sunday, November 26, Cosmos founder Jae Kwon proposed a chain split to community members, following an earlier decision to reduce ATOM’s inflation. The Cosmos community had earlier agreed to take the inflation of ATOM…
As part of the plea deal with prosecutors, Binance has agreed to pay the United States Department of Justice (DoJ) $4.3 billion. The chief executive officer (CEO) of Binance Changpeng Zhao (CZ) has pleaded guilty to federal money laundering charges and announced he is stepping down from the helm of affairs at the world’s largest…
The CEO of Binance, Changpeng Zhao, commonly known as CZ, is set to step down from his role from the company as he plead guilty to money laundering violations, according to the Wall Street Journal. Binance, as a company, will also plead guilty and pay $4.3 billion fine. This news arrives in the wake of the conclusion of a…
The OpenAI board has been at loggerheads with Altman, thus putting the ChatGPT project in limbo as other competitive AIs like Grok from the X platform gain momentum. The initial team that founded OpenAI Inc, an American artificial intelligence (AI) research organization, has slowly been moving away and starting new competitive projects. In the latest…
For many crypto firms that are currently exploring layer-2, they have found that it opens up potential new revenue streams. Charles Hoskinson, the founder of Cardano blockchain may be eyeing a potential partnership with top US crypto exchange Kraken. This follows after Kraken announced that it plans to improve its technological capabilities, admitting that it…
Nikola is expected to report its third-quarter earnings result on November 2, amid a push by the management to make the company profitable. Nikola Corp (NASDAQ: NKLA), an American-based manufacturer of heavy-duty electric vehicles, is now prepared to face a brighter future after a New York arbitration panel ordered former Chief Executive Officer (CEO) and…
Over the last week, GOTO stock lost about 20% in price, from 83 rupiahs per share on Monday to an all-time low of 67 rupiahs on Friday, with its market cap dropping to 80.5 trillion rupiahs from 101 trillion rupiahs. William Tanuwijaya, the founder of the leading Indonesian e-commerce company Tokopedia, has sold a staggering number…
The next Bitcoin cycle may lead to unprecedented price growth, at least according to BitMEX founder Arthur Hayes. In a new interview with YouTuber Tom Bilyeu, Hayes shared his bullish outlook on Bitcoin’s price, projecting a staggering $750,000 to $1 million valuation for the leading cryptocurrency by 2026. During the interview, Hayes discussed several factors contributing to…
Ross Ulbricht’s case has garnered significant public attention, and numerous individuals have advocated for clemency for the website’s founder. Ross Ulbricht, the founder of the now-defunct online black market Silk Road, has reached the somber milestone of a decade behind bars. In 2013, US authorities sentenced him to a double life sentence. On October 2,…
Mehta stepped down from his role as the company’s CEO last year and following Tuesday’s IPO, will cease to serve as Executive Chairman. Online grocery delivery startup Instacart’s founder Apoorva Mehta is now a billionaire after selling 700,000 shares of the company. Mehta, 37, co-founded Instacart in 2012 and went on to grow the business…