SEC Crypto Staking Ban – Kraken ready to pay 30 Million USD – What’s Next for the Industry?

SEC Crypto staking ban Kraken

SEC Crypto Staking Ban – SEC Charges Kraken for Staking-as-a-Service Program Introduction: The SEC has recently taken action against crypto exchange Kraken, accusing the platform of offering unregistered securities products through its staking-as-a-service program. To resolve the charges, Kraken has agreed to pay $30 million and halt all of its staking services in the U.S. … Read more

Shiba Inu (SHIB) Price to Rise After Reaching This New Milestone?

Will the Shiba Inu (SHIB) price rally in 2023 now that the cryptocurrency has reached a new milestone? Shiba Inu (SHIB) has recently gained attention for its expanding technical and theoretical developments. Shiba Inu’s ownership structure recently made a significant turning point. This happens because the proportion of long-term SHIB owners has surpassed the critical … Read more

XRP News: Will the Ripple Lawsuit Be Settled? Whales Move 618 Million XRP

XRP News: While a poll related to XRP Lawsuit was going viral on Twitter, WhaleAlert reported some massive whales moving XRP tokens; here’s what the community decided. XRP Lawyer asked users about the case in a Twitter Poll XRP News: The XRP community is preparing for the long-awaited Summary Judgment in the Ripple vs SEC lawsuit. … Read more

Crypto News : Microsoft has banned cryptocurrency mining on its cloud services.

Microsoft bans cryptocurrency mining on its cloud services. Crypto News: Microsoft no longer allows users to use Microsoft Azure to mine cryptocurrencies like Bitcoin without first receiving a written pre-approval from the company. Microsoft, a leader in cloud computing, is taking action to improve the stability of its cloud services by imposing new limitations on … Read more

Binance Recovery Fund – After the FTX collapse, Binance invests $1 billion to keep the cryptocurrency industry afloat.

Binance Recovery Fund In the wake of FTX’s disastrous bankruptcy, struggling players are looking for support, and cryptocurrency exchange Binance on Thursday provided more information about its industry recovery fund ( Binance recovery fund).  Binance announced in a blog post that it will make an initial $1 billion commitment to the recovery fund. The company … Read more

15 Biggest Microchip Companies / Manufacturers in the World

Biggest Microchip Companies in the World The microchip, or semiconductor industry consists of companies which are involved in the production of semiconductors chips and other related devices which includes ICs (integrated circuits and transistors). This is one of the new industries which came into existence in 1960. Before 2018, the semiconductor industry was making nearly … Read more

Amazon layoffs 2022 : The E-commerce giant is planning to layoff thousands of it’s workers

According to those familiar with the situation, Amazon plans to layoff around 10,000 people in corporate and technical departments as soon as this week, in what would be the greatest job reduction in the company’s history. Amazon layoffs 2022 According to the people who spoke on the condition of anonymity because they were not authorized … Read more

How Microsoft Flight Simulator ultimately landed for helicopters and gliders, after 40 years (MSFS Glider Update)

microsoft flight simulator

The Microsoft Flight Simulator 40th Anniversary update introduces helicopters and gliders. Asobo and Microsoft developers spent a lot of time getting the details right. For Microsoft Flight Simulator fans, today is the day helicopters and gliders finally take to the skies in his 40th Anniversary Edition of the game. These two new flight options are … Read more

At least $1 billion in client assets are allegedly gone from the failed cryptocurrency company FTX.

ftx

According to two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer funds worth $10 billion were secretly transferred by Sam Bankman-Fried, the exchange’s founder, to Bankman-trading Fried’s firm Alameda Research, the people told Reuters. They said that a large amount of … Read more