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FTX, a previously bankrupt crypto exchange, has successfully recovered $7.3 billion in assets and is currently contemplating a relaunch in Q2.

FTX, a cryptocurrency exchange that filed for bankruptcy in 2019, has made a remarkable comeback. The exchange has successfully recovered $7.3 billion in assets and is now considering a relaunch in the second quarter of 2021. This news has been welcomed by the cryptocurrency community, as it shows that even a bankrupt exchange can recover and regain its position in the market.FTX was founded in 2018 by Sam Bankman-Fried and Gary Wang. The exchange quickly gained popularity due to its innovative trading features and low fees. However, in 2019, FTX

How to Streamline Payments and Avoid Friction: A Guide to Overcoming Payment Pain Points

In today's fast-paced world, businesses need to provide their customers with a seamless payment experience. However, payment pain points can often cause friction and lead to lost sales. In this article, we will discuss how to streamline payments and avoid friction, providing you with a guide to overcoming payment pain points.1. Offer Multiple Payment OptionsOne of the most significant payment pain points is limited payment options. Customers want to pay using their preferred method, whether it be credit card, PayPal, or Apple Pay. By offering multiple payment options, you can

Arbitrum Foundation Sells ARB Tokens Prior to Governance and Budget Ratification Vote

The Arbitrum Foundation, a non-profit organization that oversees the development and maintenance of the Arbitrum network, has recently sold a significant amount of its native ARB tokens before the community could vote on its governance and budget ratification.This move has caused concern among the community members, who are worried about the potential impact on the network's decentralization and transparency. The sale of tokens before the governance and budget ratification vote has been seen as a breach of trust by the foundation, which was expected to act in the best interest

Newly Launched Core Carbon Principles: Ensuring Governance and Integrity for Carbon Credits

The world is facing an unprecedented challenge in the form of climate change. The increasing levels of greenhouse gases in the atmosphere are causing a rise in global temperatures, which is leading to a range of environmental problems, including melting glaciers, rising sea levels, and more frequent and severe weather events. To address this challenge, countries around the world have committed to reducing their greenhouse gas emissions, and one way they are doing this is by using carbon credits.Carbon credits are a way for companies and organizations to offset their

Newly Launched Core Carbon Principles: Governance and Integrity for Carbon Credits

Carbon credits have become an increasingly popular way for companies to offset their carbon emissions and demonstrate their commitment to sustainability. However, the carbon credit market has faced criticism for lacking transparency and accountability, leading to concerns about the validity of carbon credits and their ability to effectively mitigate climate change.To address these concerns, a group of leading carbon credit buyers and sellers have launched the Core Carbon Principles, a set of guidelines aimed at promoting governance and integrity in the carbon credit market. The principles were developed by a

Why Managed IT Services Need to Prioritize Disaster Recovery Planning

Disasters can strike at any time, and they can have a devastating impact on businesses of all sizes. From natural disasters like hurricanes and floods to cyber attacks and hardware failures, there are many potential threats that can disrupt your business operations and cause significant financial losses. That's why it's essential for managed IT services to prioritize disaster recovery planning.Disaster recovery planning is the process of creating a plan to restore your IT systems and data in the event of a disaster. This plan should include procedures for backing up

DataDome Secures $42M Funding to Enhance Real-Time Protection against Bot Attacks

DataDome, a leading provider of bot management solutions, has secured $42 million in funding to enhance its real-time protection against bot attacks. The funding round was led by Elephant and included participation from ISAI, Bpifrance, and Serena.Bot attacks are a growing problem for businesses of all sizes. Bots are automated programs that can be used to perform a variety of tasks, both legitimate and malicious. Malicious bots can be used to steal data, launch DDoS attacks, and commit fraud. They can also be used to scrape content from websites or

Hindenburg’s criticism of crypto company leads to decrease in block shares

In the world of cryptocurrency, the power of criticism cannot be underestimated. Recently, a critical report by Hindenburg Research on a crypto company led to a significant decrease in its block shares. This event highlights the importance of transparency and accountability in the cryptocurrency industry.Hindenburg Research is a well-known investment research firm that specializes in uncovering fraudulent companies. In June 2021, the firm published a report on Block.one, a blockchain technology company that created the EOS cryptocurrency. The report accused Block.one of engaging in illegal activities and misleading investors.The report

Interior Minister Reports Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro

On August 18, 2021, the Interior Minister of Montenegro announced the arrest of Do Kwon, the co-founder of Terraform Labs, a blockchain technology company. Kwon was apprehended on charges of money laundering and organized crime, according to the statement released by the ministry.Terraform Labs is a blockchain technology company that operates the Cosmos Network, which is a decentralized network of independent blockchains. The company's mission is to create an open and transparent financial system that is accessible to everyone. Kwon, who is a South Korean national, co-founded the company in