Cryptocurrency lender BlockFi is reportedly suing Emergent Fidelity Technologies, the company of FTX’s embattled founder Sam Bankman-Fried for how it used its shares in investing app Robinhood, sending yet another tremor through the crypto market. Citing loan documents, the Financial Times reported on Monday that Robinhood shares held by the compan

Irish regulators slapped Facebook parent Meta with a €265 million fine on Monday, the company’s latest punishment for breaching strict European Union data privacy rules. The Data Protection Commission said Meta Platforms Inc infringed sections of the EU rules, known as the General Data Protection Regulation, that require technical and organis

Twitter’s boss Elon Musk has unveiled a tentative new plan for user verification which will be released next Friday (December 2), the billionaire confirmed on Twitter. The move comes after he paused monetising the “blue check”, which verifies user identity, following a wave of parody accounts impersonating former presidents and celebrities. Musk sa

Cryptocurrencies are continuing to feel the shockwaves of the crumbling FTX empire with Bitcoin plunging to a 2-year low of $15,480 (€15,050) on Tuesday as other cryptos follow the downward trend. It comes as the entire crypto market lost more than $1.4 trillion (€1.3 trillion) in value this year with multiple pressures, including the Terra [&helli

Twitter has reportedly closed its entire Brussels office, sparking fears about whether the platform will abide by Europe’s new rules on policing content online. Citing five people familiar with the matter, the Financial Times newspaper reported on Thursday that Twitter’s European digital policy chiefs Dario La Nasa and Julia Mozer left the social m

The creator of the World Wide Web is now on a mission to save it. Sir Timothy Berners-Lee, the person who made it possible to read this online article, first came up with the concept of the Web back in 1989. But 33 years later, he believes tech platforms “control the world and manipulate people […]

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace app Blind, which verifies employees through their work email addresses and allows them to share [&he

Cryptocurrencies are still feeling the aftershocks of last week after the third-largest crypto exchange FTX imploded and later filed for bankruptcy. The company saw liquidity dry up after an explosive report by CoinDesk that questioned how stable the empire was, resulting in customers demanding withdrawals. The saga has caused massive financial los

Elon Musk, who now heads five companies including Tesla and Twitter, said in a tweet on Friday that his companies will be well positioned in 2023 despite the possibility of a tough economy. Musk’s tweet comes a day after he raised the possibility of Twitter going bankrupt. In his first company-wide email, Musk warned that […]

Cryptocurrencies across the board are taking a massive hit with Bitcoin reaching a yearly low after the third-largest crypto exchange FTX Trading is reportedly experiencing a liquidity crisis with regulators now swooping in. Bitcoin plunged below the $16,000 mark (€16,000) on Thursday, recovering slightly on Friday to $17,000 (€17,000), with other