Cryptocoins News

Cryptocoins News / Blockchain  - 2 years ago

FTX Control Failures

FTX CEO John Ray III revealed that control failures at FTX were due to a lack of appropriate financial and accounting controls, inadequate group management structure, and the use of software not suitable for large companies. The multi-billion dollar...

Cryptocoins News / Finance Magnates - 2 years ago

Tweet Storms and Crypto Swarms

The impact that events on Twitter are able to have on crypto markets cannot be overstated, as was demonstrated by a sequence of events on the chaotic social media platform on Monday.The Elon EffectBack in October last year, when Elon Musk took over a...

Cryptocoins News / Blockchain  - 2 years ago

Bitget Launches Web3 Fund

Bitget has launched a Web3 Fund to support venture firms and projects globally, with a focus on Asian projects solving real-world problems. Bitget plans to partner with venture capitalists and expand its products and services in 2023. (Read More)

Cryptocoins News / Blockchain  - 2 years ago

Japan supports OpenAI amid concerns

Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the...

Cryptocoins News / Blockchain  - 2 years ago

BTC Mining Report Draws Criticism

The New York Times’ recent report on Bitcoin mining has been criticized by some BTC proponents for cherry-picking data and overstating the fossil fuel use of BTC miners. They also point out the increasing use of sustainable energy in the sector. Desp...