US Securities and Exchange Commission

Bitcoin Surpasses 45,000 Mark, Paving the Way for Potential ETF Approval

As 2024 kicks off, Bitcoin surges above the 45,000 threshold, marking its highest value since April 2022, riding on a wave of investor optimism and anticipation surrounding the possible green light for exchange-traded bitcoin funds on the spot market, according to Reuters.

Musk's AI startup seeks to raise $1 bn

Elon Musk is seeking to raise a billion dollars for his xAI artificial intelligence company that he hopes will compete with ChatGPT's Open AI.

An official filing to the US Securities and Exchange Commission on Tuesday said the company that Musk created earlier this year had already gathered $134.7 million and plans to raise $1 billion overall.

Montenegro Arrests Fugitive Crypto Fraudster Do Kwon at Airport

Montenegrin police officers in the capital Podgorica. Photo: BIRN/Samir Kajosevic

"The Montenegrin police has apprehended an individual believed to be one of the most-wanted fugitives, the South Korean national Do Kwon, the co-founder and CEO of Terraform Labs based in Singapore," Adzic said on Twitter. "We are awaiting official confirmation of his identity," he added.

Access to Facebook and Instagram may be Suspended throughout Europe

If Meta (the parent company of Facebook and Instagram) is unable to transfer, store and process data from its European users on US-based servers, access to Facebook and Instagram could be suspended across Europe. The owner of the giant Mark Zuckerberg warned about this on social media in his annual report.

US Regulators Charge Tesla CEO Elon Musk with Fraud

The US Securities and Exchange Commission on Thursday charged Tesla CEO Elon Musk with securities fraud, alleging he misled investors last month in tweets about taking the company private.

Musk tweeted August 7 that he had "funding secured" to privatize the electric automaker at $420 a share, causing a brief spike in Tesla's share price.

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