Posts published on October 11, 2023 go to media archive 4/4

Bitmain Halts Employee Salaries Amid Financial Woes, Report

Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with…

No Love For FTX: Ex-Girlfriend Delivers Scathing Testimony Against Sam Bankman-Fried

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 10. As expected, the prosecution called Alameda Research’s ex-CEO and SBF’s ex-girlfriend, Caroline Ellison, to testify against the…

Nigerian Central Bank Refutes Media Reports Suggesting Its CBDC Poses a Threat to Financial Stability

The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure…