US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme. Prosecutors told a Seattle federal court on Tuesday that the government was appealing the sentences handed down earlier this month to Sergei Potapenko and Ivan Turõgin. Potapenko and Turõgin were in custody … Read more
Solana briefly recorded more than 100,000 transactions per second (TPS) on its mainnet over the weekend, block data shows. A block processed 43,016 successful transactions and 50 failed ones for a peak of 107,540 TPS, facilitated and processed by validator “Cavey Cool.” The spike was driven by no-operation, or “noop,” program calls, or lightweight instructions … Read more
XRP rose 3% in the 24 hours through August 7, advancing from $2.91 to as high as $3.02 before closing at $2.98. The move broke through multiple short-term resistance levels and coincided with high-volume buying activity, particularly on Korean exchanges. Technical momentum aligns with key macro developments: the U.S. Securities and Exchange Commission is set … Read more
A US federal appeals court on Wednesday rejected claims by Apple customers that the iPhone maker gave them less iCloud data storage than they paid for when upgrading. In a 3-0 decision, the 9th US Circuit Court of Appeals in San Francisco said reasonable consumers in the proposed class action would not have been misled … Read more
The startup ecosystem of India, emerged as the third largest in the world, with over 99,000 recognised firms and 108 unicorns. In regard to the Web3 ecosystem, industry players have identified setbacks, that is slowing down the overall growth of the sector. As India observes the National Startup Day on Tuesday, January 16 – CoinDCX’s … Read more
The US Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge’s ruling that Microsoft could go forward with its $69 billion purchase of Call of Duty maker Activision Blizzard. Microsoft’s victory in court on Tuesday, and a subsequent climbdown by Britain’s competition authority, brought the tech giant two steps closer to … Read more
Microsoft on Monday asked a London tribunal to pause its appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain’s competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block the … Read more
Microsoft’s appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month stay … Read more
WazirX, the Indian crypto exchange that suffered a $230 million hack in July, is actively working to restructure its finances and compensate affected users. In a recent development, a Singapore court has granted the exchange a four-month moratorium to finalize its financial restructuring. In a press release on Thursday, September 26, WazirX stated that this … Read more
Apple on Monday lodged an appeal to challenge a US judge’s ruling that ordered the tech company to immediately open its lucrative App Store to more competition. Apple in a court notice said it will ask the San Francisco-based 9th US Circuit Court of Appeals to review the April 30 ruling, which found the company … Read more