Finance

(Mantas Hesthaven / Unsplash)

Crypto Exchange Bybit to Suspend UK Operations as New Ad Rules Kick In

New regulations on marketing that take effect Oct. 8 require firms to be registered with the FCA. Bybit is not on the FCA's crypto register.

Sep 22, 2023
(Christine Roy/Unsplash)

FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million

In the run-up to FTX's bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals that constitute preferential transfers, the filing said.

Sep 22, 2023
Core Scientific's Marble facility in North Carolina. (Core Scientific)

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M

The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.

Sep 22, 2023