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The director of Netflix’s sci-fi series Conquest reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made $27 million in the process.Now the director, Carl Erik Rinsch, wants another $14 million from Netflix, according to a Nov. 22 report in The New York Times citing
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HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of the $86.6 million HECO Chain bridge exploit on Nov. 22. According to a report by blockchain security firm Cyvers, the losses stem from three compromised hot wallets with users and exchange assets swapped for Ether and distributed to various Ethereum addresses
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The year 2022 saw a historic breakdown of trust in exchanges and other crypto service providers. The collapses of Sam “SBF” Bankman-Fried’s FTX and Alex Mashinsky’s Celsius are still fresh in the community’s memory, with SBF’s criminal trial only recently concluding. These cases serve as a painful reminder that fraud and
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Both currencies remain in the down zone on the daily chart, registering 2.6% and 9.34% declines respectively. Bitcoin (BTC) and Binance Coin (BNB) have regained the losses they registered the day before. This follows after crypto exchange Binance resorted to settling with the United States Justice Department by paying fines totaling
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Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This
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Tether’s bank partner Britannia Financial is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a large deposit from Tether.Arbitral International, a company registered in the British Virgin Islands, has sued Britannia over a $1 billion deposit from Tether, the
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OpenAI executives are trying to smooth out internal discord after the abrupt termination of former CEO and co-founder Sam Altman and others through “intense discussions,” according to a Bloomberg report. An internal memo from OpenAI vice president of global affairs Anna Makanju, as seen on Nov. 20 by Bloomberg, said top
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BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes after Bloomberg’s Nov.
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OpenAI’s staff is reportedly not happy about its board of directors firing founder and former CEO Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent a letter to the board demanding that the members resign. The post states that 505 of the company’s 700
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