Filings: FTX CEO John Ray III, who ran Enron's bankruptcy process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls”
Programming note: Money Stuff will be off tomorrow, back on Monday. Rohan Goswami / CNBC : Bahamas regulators confirm they're holding some of FTX's assets Laurie Dunn / Crypto Dail...
The wildest parts of FTX's bankruptcy filing: its token holdings are worth $659K, Alameda loaned SBF $3.3B, SBF auto-deleted messages about decisions, and more
Lawyers for the bankrupt crypto exchange FTX filed today in Delaware, asking a federal judge to transfer a competing bankruptcy case filed …
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's “unprecedented” management, describing a “complete failure of corporate controls”
The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.
A profile of Twitter Head of Safety & Integrity Yoel Roth, who joined in 2015 and is one of few executives to gain Elon Musk's public support after the takeover
including harmful misinformation that can suppress the vote and combatting state-backed information operations — remain a top priority. Yoel Roth / @yoyoel : Last week, for securit...
Twitter faces ~$1B per year in interest expenses after Elon Musk's deal added ~$13B in debt, up from ~$50M in 2021 when operations generated ~$633M in cash flow
Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
Twitter faces ~$1B per year in interest expenses after Elon Musk's deal added ~$13B in debt, up from ~$50M in 2021 when operations generated ~$633M in cash flow
Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
Source: Elon Musk plans to lay off 25% of Twitter's workforce in the coming days, focusing on sales, product, engineering, legal, and trust and safety
The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce — SAN FRANCISCO …
Source: Elon Musk plans to lay off 25% of Twitter's workforce in the coming days, focusing on sales, product, engineering, legal, and trust and safety
The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce — SAN FRANCISCO …
Sources: Twitter agreed to delay a deposition of Elon Musk by its lead litigation attorney on October 6 in Austin, as both sides hash out the $44B deal
Tesla chief and social media group are negotiating end to legal fight to finalise $44bn buyout — Twitter has agreed to delay …
Nova Labs and T-Mobile sign a five-year deal to launch Helium Mobile, a 5G MVNO service for smartphones that combines coverage from the two companies' networks
Andrew Hayward / Decrypt :
The Los Angeles Unified School District, the second largest in the US with 600,000+ students, says a ransomware attack over the weekend disrupted its operations
their speed, clarity & focus on partnership is commendable. Great example of how to keep stakeholders informed, including potential impacts & what to expect next: https://achieve.l...
After an outcry over serving anti-trans stalking forum Kiwi Farms, Cloudflare says denying security services due to “despicable” content is the wrong policy
Cloudflare is facing growing pressure for providing services to Kiwi Farms, a forum with a long history of harassment; Cloudflare remains silent on the matter
Hello, and welcome to Protocol Enterprise! Today: why Cloudflare finds itself yet again under fire for doing business with communities of hate …
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea
- The Treasury is sanctioning DeFi mixing service, Tornado Cash. — The move is the agency's second sanction of a mixing service. Source: U.S. Department … .
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea
- The Treasury is sanctioning DeFi mixing service, Tornado Cash. — The move is the agency's second sanction of a mixing service. Source: U.S. Department … .
The Solana Foundation says exploited addresses were “created, imported, or used” in Slope mobile wallets and there's “no evidence” the protocol was compromised
Crypto bridge Nomad says anyone returning at least 90% of stolen tokens will be viewed as a white-hat hacker and the remaining 10% will become the reward
Cryptocurrency company Nomad is offering a bounty to recoup funds spirited away in a $190 million hack that again highlighted security vulnerabilities in the digital-token sector.
The Solana Foundation says exploited addresses were “created, imported, or used” in Slope mobile wallets and there's “no evidence” the protocol was compromised
Private keys may have been inadvertently compromised as a Solana mobile wallet is fingered for the major network attack.
The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens
- The SEC has arrested and charged a former Coinbase employee with wire fraud. — In the SEC complaint, it mentions nine tokens and says they are all securities.
Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter
“Bitcoin impairment” prompted the sale, the company said. — Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.