Monthly Archives: August 2022

Thousands of Solana wallets drained in multimillion dollar exploit

Solana, an increasingly popular blockchain known for its speedy transactions, has become the target of the crypto sphere’s latest hack. An unknown actor had drained funds from 7,767 wallets on the Solana network as of 5am UTC on Wednesday, Solana’s Status Twitter account said. At least four wallets have been identified as associated with the…

The business empires of Asia’s 2 richest men may soon be on course for a titanic collision. Here’s how the tycoons’ wealth, businesses, and properties stack up.

Mukesh Ambani (L) and Gautam Adani (R) have grown their empires for years without competing directly with each other. Debajyoti Chakraborty/NurPhoto via Getty Images and Prodip Guha/Getty Images Asia’s two richest men are on course to competing directly with each other, Bloomberg reported. Gautam Adani and Mukesh Ambani have historically built their wealth without butting…

China has banned more than 2,000 Taiwan food imports amid Pelosi’s visit as Beijing steps up trade weaponization

US House Speaker Nancy Pelosi met Taiwanese President Tsai Ing-wen on August 3, 2022 in a controversial visit opposed by China. Taiwan Presidential Office via the Associated Press. China has banned more than 2,000 Taiwanese food imports, from fresh produce to processed food. China issued the ban just before US House Speaker Nancy Pelosi’s controversial…

This laptop had to fail so Chromebooks could become back-to-school essentials

It’s back to school time. We know this because stores have boxed up swimwear and pool gear and replaced it with oversized composition notebooks, and boat-sized pencils strung from the ceiling. Online images depicting young people enjoying technology were swapped for those showing students hunched over laptops and tablets. The business of fun replaced with…

Trump gloated after his vague endorsement message left 2 Missouri primary candidates named Eric scrambling to claim it: report

Rolling Stone reported that Trump was privately reveling in how Eric Greitens and Eric Schmitt were left scrambling to claim his ambiguous endorsement. Brendan Smialowski / AFP via Getty Images Trump enjoyed the chaos cause by his vague endorsement in the Missouri primary, per Rolling Stone.Trump thought it was funny to have both candidates named…

Nancy Pelosi calls Taiwan one of the ‘freest societies in the world’ during visit to the island

House Speaker Nancy Pelosi was awarded a medal — the Order of Propitious Clouds with Special Grand Cordon — by Taiwanese President Tsai Ing-wen during her visit to the island. Taiwan Presidential Office via AP Nancy Pelosi said on Wednesday that Taiwan is “one of the freest societies in the world.”In a meeting with Taiwan’s…

New York regulators slap Robinhood’s crypto business with $30 million fine

In the latest in what seems to be a string of challenges the company has to grapple with, Robinhood’s crypto division has been slapped with a $30 million fine by the New York State Department of Financial Services. It’s the first crypto-focused enforcement action by the regulator, which has issued the multimillion dollar penalty against…