At least $1 billion missing: Sources say Bankman-Fried used a “backdoor” in FTX’s accounting system to siphon off the money

Reuters spoke with two sources who held senior positions at FTX until this week. The sources told Reuters that Sam Bankman-Fried, the exchange’s founder and former CEO, secretly moved $10 billion in customer funds from FTX to his trading firm, …

Realme 10 5G confirmed for the Chinese market. For now, only the 4G model arrives in Europe

The Realme 10 5G comes equipped with a Mediatek Dimensity 700 series chipset and Super AMOLED display with FHD+ resolution, outlining one of the most tempting options for buying a budget smartphone. First confirmed for the Chinese market, the Realme …

ALERT – FTX hacking, delete the application! Nearly $600 million transferred from FTX wallets

Crypto-currency exchange FTX is seeing millions of funds flow out of FTX wallets. Nearly $600 million in abnormal transfers have been reported in a matter of hours, with some withdrawals being exchanged from Tether to DAI. Similarly, StETH Solana, BNB, …

Twitter reintroduces the “official” badge… again. Stops Blue’s automatic verification subscriptions

The past two weeks, since Elon Musk drove a sink into Twitter headquarters to take control of the company, have been a period of constant chaos for the social media company. In that time, Musk has fired half the staff, …

REVIEW Nothing New on the Western Front – perhaps the best war movie since Saving Private Ryan

All Quiet on the Western Front is perhaps the best war movie you can see, right now, on Netflix. A movie that stirs your outrage and obviously has a number of twists and turns that you wouldn’t anticipate if you …

SEC Chairman Gensler discusses crypto-currency regulation in wake of FTX collapse – Says the area is “significantly non-compliant”

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler outlined two paths the agency is taking to regulate the crypto-currency industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his failed crypto-currency exchange over …

Google has launched a new player for watching YouTube Shorts on TV

Taking advantage of having its own Smart TV platform as well as the YouTube service, Google has only minor tweaks to make to bring YouTube Shorts clips to Android Smart TVs. Part of an effort to compete with TikTok, Google …

FTX CEO calls for $9.4 billion bailout amid liquidity crisis

This came after Binance pulled out of the deal to acquire the crypto-currency exchange amid the ongoing liquidity crisis. During its due diligence, the company discovered that FTX had mismanaged its clients’ funds. Binance said it would not pursue the …

FTX, the world’s third largest cryptocurrency exchange, has filed for bankruptcy

Not at all conveniently, FTX had Binance as the main holder of funds held in the eponymous cryptocurrency, with its big rival “leaking” on social media the news that it would be unloading billions of dollars held in the cryptocurrency, …

Why the creator of dogecoin never made millions of dollars in crypto

Billy Markus, one of the two founders of the most popular and original meme coin, DOGE, took to Twitter to share that he is not a crypto millionaire as many may think. He explained why he has never made millions …

Prepped with Snapdragon 8+ Gen 1, OPPO Reno 9 Pro+ appears in unofficial benchmarks

The successor to the Reno 8, the Reno 9 Pro+ is the next flagship-killer from Oppo, with the phone equipped with the powerful Snapdragon 8+ Gen 1 already appearing in Geekbench’s catalog with an impressive performance score. Identified by the …

Bitcoin’s next low could be $13,800 or even $10,350, here’s why

Bitcoin (BTC) fell to new yearly lows on Nov. 9, as crypto traders dealt with the news that Binance had pulled out of the deal to acquire the troubled FTX exchange. “Due to the company’s due diligence, as well as …