Tag: TECH08

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Crypto

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

DNNS January 31, 2023

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance ... Read More

China’s Baidu to launch ChatGPT-style bot in March – source
Artificial Intelligence

China’s Baidu to launch ChatGPT-style bot in March – source

DNNS January 30, 2023

BEIJING, Jan 30 (Reuters) - Chinese internet search major Baidu Inc (9888.HK) is planning to launch an artificial intelligence (AI) chatbot service similar to OpenAI's ... Read More

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
Crypto

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed

DNNS January 27, 2023

Jan 27 (Reuters) - The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System, saying ... Read More

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
Crypto

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show

DNNS January 24, 2023

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by ... Read More

(OFFICIAL) FBI says N. Korea-related hacker group behind U.S. crypto firm heist
Crypto

(OFFICIAL) FBI says N. Korea-related hacker group behind U.S. crypto firm heist

DNNS January 24, 2023

Jan 23 (Reuters) - A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June ... Read More

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
Artificial Intelligence

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

DNNS January 20, 2023

Jan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs as it faces "a different economic reality", it said in a ... Read More

Factbox: The many companies in Digital Currency Group’s crypto empire
Crypto

Factbox: The many companies in Digital Currency Group’s crypto empire

DNNS January 20, 2023

Jan 20 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after the lending arm of ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Cryptoverse: Bitcoin is back with a bonk
Crypto

Cryptoverse: Bitcoin is back with a bonk

DNNS January 17, 2023

Jan 17 (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin.The ... Read More

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources
Fintech

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources

DNNS January 13, 2023

LONDON, Jan 13 (Reuters) - Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way ... Read More