Crypto.com Accidentally Gave a Woman a $10.5 Million Refund

Crypto.com Accidentally Gave a Woman a .5 Million Refund

It’s edging on a year since Crypto.com bought the naming rights to the stadium formerly called the LA Staples Center. Now the company is scraping back its millions from wherever it can get it.Photo: Ringo Chiu (Shutterstock) What would you do if a company accidentally sent you millions in dollars you never asked for? Well, … Read more

Report: $1.9 billion stolen in crypto hacks so far this year

Report: .9 billion stolen in crypto hacks so far this year

New York CNN Business — A staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of this year, marking a 60% increase from the same period in the year prior, according to a report released Tuesday from blockchain analysis firm Chainalysis. The surge comes even as … Read more

Crypto is crashing but the tech behind it could save luxury brands billions

Crypto is crashing but the tech behind it could save luxury brands billions

CNN — Counterfeits are a huge problem for high-end designers around the globe: luxury brands lost $98 billion worth of sales to counterfeits in 2017 alone. These losses can damage both profit and reputation — which is why some brands are now turning to tech to protect their products, brand value and consumers. Despite being … Read more

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

The ongoing crypto crash has brought a lot of investors back down to earth. In the case of current and former Terraform Labs employees, it’s keeping them literally grounded. Dozens of past and present staff from the company behind two notorious crypto coins, terraUSD and Luna, have been barred from leaving South Korea, according to … Read more

Crypto Platform Coinbase Cuts More Than 1,000 Staff

Crypto Platform Coinbase Cuts More Than 1,000 Staff

The crypto roller coaster ride continue to plummet downhill fast. Coinbase, one of the largest cryptocurrency exchange platforms, is laying off 18% of its staff, or about 1,100 employees, according to a company SEC filing. The news also came in a letter to staff written by the CEO, Brian Armstrong, and tweeted out on Tuesday. … Read more

Celebs Invest in Crypto Exchange MoonPay

Celebs Invest in Crypto Exchange MoonPay

Justin Bieber on his phone at Super Bowl LVI on February 13, 2022 in Inglewood, California.Photo: Kevin C. Cox (Getty Images) MoonPay, a tool for buying cryptocurrency and NFTs, announced on Tuesday that it has collected $86.7 million in a new investment round. The list of investors names more than sixty celebrities including Bruce Willis, … Read more