Customers of the global crypto exchange Binance rushed to withdraw roughly $1.14 billion on Tuesday, leading Binance CEO Changpeng Zhao to try and reassure customers and staff. “We saw some withdrawals today (net $1.14b ish),” Zhao tweeted on Tuesday. “We have seen this before. Some days we have net withdrawals; some days we have net deposits. Business as usual for us.” How crypto exchanges...
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Why DOJ’s Damaging Evidence Against Google May Not Be Enough to Break Up the Company
Justice Department lawyers on Tuesday revealed embarrassing details about Google’s conduct in the online ad industry as part of a new antitrust lawsuit. Despite evidence and allegations that Google rigged advertising auctions and effectively stole money from website publishers that rely on the company’s advertising tools, the DOJ will have a hard time winning the case and breaking...
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