Curious stories and rumors, stock markets, AI, economy. All alternative developments in one place.
Wintermute Trading Ltd., a key cryptocurrency trading firm, is reportedly aiming to secure up to $2 billion in funding.
Meta is set to slash its Reality Labs budget by 20% by 2026, a strategic move aimed at realigning the division’s focus and managing costs.
Major U.S. banks are grappling with significant financial losses due to rising unpaid debts. Bank of America, Citigroup, and Goldman Sachs have reported combined losses of $4.1 billion.
A US court has approved Binance US’s request to invest customer fiat funds held at BitGo into US Treasury Bills.
The adage “the stock market rewards the patient” extends beyond traditional finance and applies to the cryptocurrency realm as well.
CrowdStrike CEO George Kurtz recently addressed the company’s downtime, assuring customers that it was not due to a security breach or cyberattack.
The incident was traced to a technical fault in CrowdStrike’s centralized software, which led to widespread issues including system crashes on Windows devices. CrowdStrike’s head, George Kurtz, clarified that the problem was not a cyberattack but a technical glitch that has since been addressed. He urged affected parties to consult the support portal for further […]