Y-Combinator caution portfolio companies that 2023 may prove difficult for Businesses.
Y-Combinator (YC) expects even more economic turmoil in 2023. It advises project leaders to revert to “survival” mode as fundraising could be challenging in the next few months. In a…
US Federal Government to Seize $465 Million Worth of Robinhood Shares
The US Federal government might have already confiscated $468 million worth of HOOD tied to Bankman-Fried.The American authorities have reportedly seized or will soon confiscate 56 million shares of Robinhood…
Crypto Whales transferee $366 Million Worth of XRP Tokens
The biggest single transaction recorded by the tally, 500M XRP tokens were exchanged. A “whale” sent around 40 million XRP to the Bitstamp cryptocurrency exchange.In the last several weeks, the…
Facebook Parent Company Meta fined above $400m for Violating EU advertising law.
Meta was recently fined around $400 million for problems associated with advertising to European Union citizens. A long-standing legal saga between Meta, the European Union, and Ireland ended spectacularly today,…
Algorand Blockchain Completes One Billion Transactions Milestone.
The team also asked the community to stay tuned for a surprise.The price of ALGO went up around 5% in the last 24 hours as per CMC.On Wednesday, Blockchain Protocol…
Coinbase sanctioned and to pay $100 Million over Incomplete KYC compliance.
According to the New York Times, Coinbase will have to pay $50 million to New York regulators for letting users open accounts with minimal background confirmation. The organization will also…
Twitch streamer and NFT founder DNP3 agreed to have gambled with users investments
Popular Twitch streamer and founder of several crypto projects, DNP3, known for his free PC and console giveaways, stated that he lost everything to a severe gambling addiction, making him…
Mumbai Indians reports a Bid to Create NFT Bridge
Mumbai Indians have requested proposals from international and Indian organizations.MI is the first IPL team to have turned into NFTs.The prominent cricket team “Mumbai Indians” known as ‘MI’ enters the…
U.S Federal Reserve and Comptroller of the Currency Issues Statement On The Risks Of Crypto.
The Federal Reserve, FDIC, and OCC put an effort to maintain sound banking practices despite the risks of crypto. The agencies stressed the need of preventing crypto-related risks from migrating…
BTC.com’s Stolen Funds Piped Through Tornado Cash and CEXs.
The company had earlier revealed securing an undisclosed amount of assets. Prominent cryptocurrency mining pool BTC.com suffered a cyberattack last month that resulted in a significant loss of company and…