Monday, November 4, 2024
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No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek

Singapore's state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn't find any significant red flags in FTXs financials before deciding to invest $275 million into the now-bankrupt crypto exchange.Like many of FTX's more than one million creditors, the Singapore-based firm has been left blindsided

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3air Leverages Blockchain Technology to Deliver Extensive Broadband Connectivity in Africa – Sponsored Bitcoin News

sponsored The broadband internet connectivity platform, 3air, aims to bring seamless broadband connectivity within Africa. The recently announced platform recognizes the internet connectivity issues and the enormous interest in blockchain technology on the African continent. 3air solves the connectivity challenge by using wireless broadband technology to reach previously under-connected areas. 3air

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BitMEX Faces Lawsuit for Alleged Racketeering and Extensive Illicit Activities

BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.”The allegations were made in a major new lawsuit filed by BMA LLC in the United States District Court for the Northern

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