The SEC has accused Elon Musk of violating securities laws by failing to disclose his Twitter stake on time, allegedly enabling him to underpay by $150M for shares. The case includes scrutiny over Musk’s Tesla transactions used to fund the acquisition and allegations of broader misconduct.
The post SEC Sues Elon Musk Alleging Rule Violation in Twitter Stake Purchase appeared first on Cryptonews. …
Author: Jessica
UK Central Bank to Test CBDC Capabilities in New Digital Pound Lab
The Bank of England announces the launch of the Digital Pound Lab to explore practical applications and technical designs for its proposed CBDC, ensuring feasibility and innovation.
The post UK Central Bank to Test CBDC Capabilities in New Digital Pound Lab appeared first on Cryptonews. …
Russian Diamond Miner Jailed for ‘Sending Crypto to Ukrainian Army’
A Russian diamond mining firm employee has been jailed for sending crypto to the Ukrainian army.
The post Russian Diamond Miner Jailed for ‘Sending Crypto to Ukrainian Army’ appeared first on Cryptonews. …
Deribit Hires Financial Technology Partners to Evaluate Acquisition Opportunities: Report
Deribit has received acquisition offers from interested investors, including crypto exchange Kraken.
The post Deribit Hires Financial Technology Partners to Evaluate Acquisition Opportunities: Report appeared first on Cryptonews. …
Osprey Funds to Convert Osprey Bitcoin Trust to ETF Following Bitwise Acquisition Deal Termination
Osprey Funds, an investment management firm based in Fairfield, Connecticut, has announced its intention to convert the Osprey Bitcoin Trust (OBTC) into a spot Bitcoin ETF.
The post Osprey Funds to Convert Osprey Bitcoin Trust to ETF Following Bitwise Acquisition Deal Termination appeared first on Cryptonews. …
DPRK Hackers Stole $659M in Crypto Last Year: US Govt.
The USA, Japan and South Korea released a joint statement, detailing DPRK-linked crypto thefts and their targeted entities.
The post DPRK Hackers Stole $659M in Crypto Last Year: US Govt. appeared first on Cryptonews. …
UK Government Considers Nationwide Ban on Ransomware Payments by Critical Infrastructure Operators
The UK government has initiated a consultation to evaluate a potential ban on ransomware payments for operators of critical national infrastructure.
The post UK Government Considers Nationwide Ban on Ransomware Payments by Critical Infrastructure Operators appeared first on Cryptonews. …
Watch as SpaceX rocket blasts off to the Moon
The Falcon 9 rocket took off from the Kennedy Space Center carrying two lunar landers and a micro rover.
‘We sing to them’: LA stables turn Noah’s Ark for fire rescue animals
Pigs, donkeys and even a mini cow named Cuddles found a temporary home after the LA fires.
Meta cuts 5% of jobs to lose ‘lowest performers’
The company will shed roughly 3,600 roles but plans to backfill the roles later in the year.