Global

A local resident was detained by the Federal Bureau of Investigation (FBI) and a New York court on suspicion of masterminding an intricate Ponzi scheme that scammed investors out of $43 million.

Patrick Gruhn, the former head of FTX Europe, has paid about $1.5 million, “the largest sum ever spent at auction on a piece of Titanic memorabilia,” for a gold pocket watch discovered from the body of the Titanic’s richest passenger, The Wall Street Journal said.

The decentralized finance (DeFi) protocol Pike has clarified its previous statement regarding a vulnerability found in USDC Coin (USDC).

Following the Fed meeting, Bitcoin [BTC] eased its two-day losing run. The US Federal Reserve kept interest rates constant on May 1st, as was predicted.

As per a recent article by Bloomberg, Do Kwon, the founder of Terraform Labs, and the Securities and Exchange Commission (SEC) contested the substantial $5.3 billion penalty that was suggested in the complaint.

Sam Altman of OpenAI co-founded the ambitious cryptocurrency project Worldcoin, which is now present in Latin America.