Celsius Co-Founder Mashinsky Sued By NY Attorney General For “Defrauding Investors Out Of Billions”
Celsius co-founder Mashinsky is being sued by the NY Attorney General for “defrauding investors out of billions”. The lawsuit accuses Mashinsky of violating the state’s Martin Act, which is used to combat securities and commodities fraud, as well as a state general business law that allows the attorney general to investigate fraud. This article will explore the details of the case and its potential implications for the crypto industry.
Inside Celsius $25 Billion Bankruptcy Filing
According to its bankruptcy filing, Celsius owes its customers roughly $4.7 billion, and its balance sheet has a hole of about $1.2 billion. Let’s take a look inside of Celsius’ $25 billion bankruptcy filing.
Here Is Why Major Crypto Lender Celsius Network Collapsed
A deep look into Celsius network’s design and the events of recent weeks with its yield-generating strategies that culminated in a halt of bitcoin withdrawals.
Scientists Grow Diamond From Scratch In 15 Minutes
Scientists led by physical chemist Rodney Ruoff of the Institute for Basic Science in South Korea published their results in the journal Nature on April 24, revealing that they can grow diamonds from scratch in 15 minutes. Researchers have developed a novel method for creating diamonds at room temperature and without the need for an […]
Polar Vortex Is ‘Spinning Backwards’ Above Arctic After Major Reversal Event
The Polar vortex ‘spinning backward’ above the Arctic after a major reversal event triggers atmospheric upheaval, including an ozone spike, due to sudden stratospheric warming, impacting global weather patterns. Polar vortex reversal event causes atmospheric upheaval, including ozone spike, due to sudden stratospheric warming, potentially impacting global weather patterns. Following a significant reversal event earlier […]
Deadly Virus Outbreak Triggers Mass Train Evacuation
Roman Busargin, the governor of Saratov Region, reported that 15 cases of influenza type A had been diagnosed in a lab. The deadly virus outbreak has triggered a mass train evacuation. The 12-year-old girl who died on a train on Thursday due to flu-like symptoms was the reason Russia’s Investigative Committee opened a criminal case. […]
Europe Approves World’s First Cryptocurrency Regulations
On May 16, EU ministers approved the Markets in Crypto-Assets (MiCA) legislation, making it the world’s first cryptocurrency regulations. The European Union has approved a set of rules—the first such regulation in the world—to regulate crypto assets like cryptocurrencies and tokens in a bid to curb money laundering activities and protect investors. The markets in […]
Fusion: The Worldwide Race To Capture The Power Of The Sun
Researchers in multiple nations have created what is called a tokamak reactor, which uses enormously powerful magnetic fields to contain the fusion reaction for milliseconds of time. This shows the worldwide race to capture the power of the sun. For decades it has been the modern version of turning lead into gold but its promise […]
Bill Gates: Vegetarians Won’t Save The Planet
Meat has a huge climate footprint, as industrialized as it has become, but it’s unrealistic to think that vegetarians will be able to save the planet, Bill Gates has said at an Indian memorial gathering.
White House Targets Cryptocurrencies, Calls For Stronger Enforcement By Regulators
A blog post was co-written by national security adviser Jake Sullivan, director of the National Economic Council Brian Deese, director of the Office of Science and Technology Policy Arati Prabhakar, and chair of the Council of Economic Advisors Cecilia Rouse on the official White House website targets cryptocurrencies and calls for stronger enforcement by regulators.