Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist…
Key Takeaways The XRP Ledger Foundation introduced leaders across operations, engineering, and community engagement. The update emphasized collaboration with developers, validators, and infrastructure operators. Public coordination will focus on advocacy, development, and events. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates for the…
UBS Group acquired 551,121 additional shares of Strategy (formerly MicroStrategy) in a purchase valued at approximately $98 million. That brings UBS’s total MSTR position to 6.31 million shares, worth roughly $1.12 billion at current prices. A pattern, not a one-off Back in February, UBS scooped up 3.23 million shares in a single move, boosting its…
The Core 3 CPU, 8GB RAM, and 512GB SSD deliver smooth multitasking for office apps, browsing, and meetings. The post This Dell 15 Laptop Offers a Sensible Daily Driver Setup for Just $307 appeared first on TechRepublic. Source link
The last comparable wallet exit rate in 2024 saw over 964,000 wallets leave across five weeks, preceding a notable bull run. Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at…
Since May 7, an Amazon Web Services outage has caused ripple effects across the internet. As the AWS outage entered its second day on Friday, Amazon reported recovery efforts were underway. Mashable 101 Fan Fave: Vote for your favorite creator today! In its most recent update, posted at 12:29 p.m. ET, Amazon acknowledged that recovery…
Key Takeaways Anthropic seeks to raise to $50 billion this summer, targeting a valuation near $900 billion. The 2026 funding could help Anthropic surpass OpenAI as the world’s most valuable private AI company. Anthropic aims for a late 2026 IPO while fighting a U.S. government “supply chain risk” designation. Closing the Gap with OpenAI Anthropic…
NATO allies are openly questioning whether the US should still lead the alliance following Trump’s decision to launch strikes on Iran without consulting them. Summary European leaders are seriously considering a future in which the US no longer leads NATO, following disputes over the Iran war. Trump left NATO in the dark before launching strikes…
Trump first teased the release in February in a Truth Social post. The Pentagon coordinated the release in partnership with the White House, Director of National Intelligence Tulsi Gabbard, the Energy Department, NASA, and the FBI. Many of the files in this new drop contain documents that are already publicly available. However, some versions of…
