SEC sues Binance and CEO Zhao over alleged mishandling funds, lying to regulators
The SEC is accusing Binance, the world’s largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a federal suit filed Monday. The regulator filed 13 charges against the defendants. Binance and BAM Trading were under Zhao’s leadership
Read moreThe SEC is suing Binance, the world’s largest crypto exchange
Illustration by Alex Castro / The Verge Binance, the world’s largest crypto exchange, operated illegally in the US, the US Securities and Exchange Commission alleges in a new lawsuit. Changpeng Zhao, the exchange’s founder, was named in the suit as well. “Defendants have enriched themselves by billions of U.S. dollars
Read moreIndia’s open e-commerce network expands to B2B transactions
The Indian government-backed open e-commerce network has been expanded to facilitate business-to-business (B2B) transactions — months after enabling transactions between consumers and merchants over the open network protocol and widening its reach to the mobility sector. On Monday, the Open Network for Digital Commerce — commonly called ONDC — launched
Read more6 investors explain why they are bullish about Japan’s startup scene despite an uncertain economy
Thinking of Japan often evokes notions of bleeding-edge tech mixed with deep tradition and culture. The country’s startups, however, haven’t seen the sort of growth that upstart tech companies in other parts of the world have. There are signs that those tides are turning, though, with startup funding increasing along
Read moreMicrosoft says Clop ransomware gang is behind MOVEit mass-hacks, as first victims come forward
Security researchers have linked to the notorious Clop ransomware gang a new wave of mass-hacks targeting a popular file transfer tool, as the first victims of the attacks begin to come forward. It was revealed last week that hackers are exploiting a newly discovered vulnerability in MOVEit Transfer, a file-transfer
Read moreGoogle trials passwordless login across Workspace and Cloud accounts
Illustration by Samar Haddad / The Verge Google has taken a significant step toward a passwordless future with the start of an open beta for passkeys on Workspace accounts. Starting today, June 5th, over 9 million organizations can allow their users to sign in to a Google Workspace or Google
Read more3 Ways for Product Managers to Promote Their Career Paths
Two weeks ago, I published three ways data governance leaders can promote their careers and stated, “Seeing data governance functions pigeonholed into compliance and data security responsibilities drives me a little nuts.” In this part two of the series on the career advancement of Digital Trailblazers, I focus on product
Read moreHelium Health gets $30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki
Helium Health, the African startup that provides software-as-a-service tools, financing, and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding. The news is coming three years after the Lagos-headquartered healthtech secured a $10 million Series A and 18 months following a rare Africa-GCC
Read moreHow to watch Apple unveil its AR/VR headset , iOS 17 and more at WWDC 2023
Tomorrow’s the big day, and we’re expecting big things – well, one really big thing for sure. Apple will kick of WWDC 2023 at 10AM PT Monday June 5 with its customary keynote. As ever, the event will focus on the latest versions of the company’s operating systems, namely: iOS/iPadOS
Read moreElon goes to China, Rivian is selling stock for $3 billion, and Fiat’s cutest tiny EV
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Rebecca Bellan here, and yup, I’m still steering the ship. The biggest news this week has been Elon Musk’s visit to China, a move
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