US prosecutors charged a French national with defrauding buyers of his “Mutant Ape Planet” non-fungible tokens, alleging he duped investors out of more than $2.9 million in cryptocurrency before his arrest Wednesday at a New York airport.
(Bloomberg) — Deere & Co., the world’s largest manufacturer of farm equipment, launched a new electric excavator amid rising demand to reduce emissions in heavy industry.
Genesis Global Trading Inc. has laid off more than 60 employees in its latest round of job cuts, amounting to roughly 30% of the troubled crypto-brokerage’s workforce.
Silvergate Capital Corp. made one of the US banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss, intensifying fears the collapse of crypto exchange FTX may seep elsewhere into the financial system.
The US government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.
Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic chief executive officer largely behind the breakneck rise and dramatic fall in the company’s valuation.
Bank of France Governor Francois Villeroy de Galhau urged tougher regulatory requirements for crypto firms, in what could be a setback for an industry seeking to secure a stronger foothold in Europe.
Safaricom Plc Chairman John Ngumi leaves the wireless carrier less than five months in the role to focus on green energy projects across Africa.
Three Arrows Capital Co-Founders Su Zhu and Kyle Davies have received formal demands for information related to the downfall of their crypto hedge fund in an unorthodox forum: Twitter.
Elon Musk tweeted his support for Kevin McCarthy for House Speaker on Thursday, again using his social media platform to weigh in on US politics and back an old friend and ally.
