In the suit, ConsenSys said that it allowed Gupta to resign instead of firing her and "offered to allow Gupta to keep the compensation paid and accrued during her short tenure," but that Gupta had rejected the offer – instead demanding that ConsenSys "pay her millions of dollars" to buy out a "purported equity interest" in the firm. Source link … [Read more...] about ConsenSys AG Sues Former Investment Head, Alleging Resume Fraud
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Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
The S&P 500 and the Nasdaq Composite rose 3.8% and 3.6% last week, their biggest weekly ascents since early February, even as a report showed U.S. inflation climbed to a four-decade high in November, sealing the deal for a faster unwinding of the crisis-era stimulus by the Federal Reserve (Fed). The Dow snapped a four-week losing trend with a 4% rally and bitcoin ended a … [Read more...] about Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’
Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms.“When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk in a tweet.The firm … [Read more...] about Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’
UK Starling bank to resume crypto exchange deposits in late June
Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week.A spokesperson for Starling told Cointelegraph on Tuesday that the bank is set to restart payments to crypto exchanges on June 23 after temporarily suspending the feature as a measure to protect its customers.Starling … [Read more...] about UK Starling bank to resume crypto exchange deposits in late June