CRYPTO

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Sep 26 2024POLITICS

Millionaire Candidate John Deaton's Unconventional Financial Story

John Deaton, the Republican candidate running for the US Senate against Elizabeth Warren, has been making headlines with his personal finances. Deaton, a multimillionaire with a net worth of around $20 million, has reported losses at his law firm and rental properties, resulting in no federal income

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Sep 26 2024FINANCE

Cryptocurrency for the Masses: PayPal Makes It Easier for Businesses to Buy and Sell

PayPal is making a significant move to increase the use of cryptocurrency for businesses in the United States. The company is launching a new service that will allow businesses to buy, hold, and sell digital assets, including bitcoin. This is a major expansion of the company's existing capabilities,

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Sep 26 2024POLITICS

Uncoupling the Web of Russian Money Laundering

The US government is preparing to charge two Russian nationals accused of masterminding a massive money laundering operation. This move is part of a broader effort to crack down on Russian cybercrime. According to sources, one of the men has been involved in money laundering for over a decade, makin

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Sep 26 2024POLITICS

The Crypto Connection: Kamala Harris's Shift on Digital Currencies

Kamala Harris, the US Vice President, has recently been vocal about her support for cryptocurrency, catching many by surprise. Her sudden pivot towards the digital currency world has sparked interest among enthusiasts and raised questions about the timing of her comments. According to Alexander Blum

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Sep 24 2024FINANCE

The Fallout of FTX: Caroline Ellison's Journey from Fraud to Repentance

Caroline Ellison, the former CEO of Alameda Research, was once a key player in the cryptocurrency world. However, her involvement in the FTX fraud scheme led to her downfall and a subsequent plea deal. On Tuesday, she was sentenced to two years in prison and ordered to forfeit $11 billion. This outc

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Sep 24 2024TECHNOLOGY

Scammers Strike Again: The OpenAI Account Seized for Crypto Con

It's simply astonishing that an official OpenAI account fell prey to shrewd crypto scammers! On a Monday evening, the @OpenAINewsroom account, boasting a following of nearly 54,000, released a post promoting an “$OPENAI” token. The deceitful message claimed that all OpenAI users were eligible to cla

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Sep 23 2024BUSINESS

Trump Taps Into Crypto Cash

Donald Trump, the 45th President of the United States, made a splash when he became the first-ever US president to complete a transaction using Bitcoin. The momentous occasion took place at a popular New York City bar and restaurant, PubKey, known for accepting the cryptocurrency. Trump, 78, ordered

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Sep 23 2024FINANCE

The Rise of Stablecoins: Disrupting Traditional Finance

Stablecoins are quietly revolutionizing the financial landscape. With a market capitalization of over $170 billion, these cryptocurrencies are becoming increasingly important. Unlike their bitcoin counterparts, stablecoins are pegged to the value of another asset, providing a sense of stability in a

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Sep 23 2024BUSINESS

Crypto Markets Soar After Fed Rate Cut, AI Tokens Lead the Charge

The crypto market has been on a tear lately, with Bitcoin and Ether leading the way. The two largest cryptocurrencies by market capitalization have been thriving in the wake of the US Federal Reserve's interest rate cut. Bitcoin has shot up to near $63,000, a gain of 1.2% in the past 24 hours and ne

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Sep 23 2024CRIME

The Rise of the Crypto Thieves: A Shocking Story of Violence and Deception

In recent years, cybercriminals have been on the prowl, targeting crypto owners and stealing their digital wealth. However, one group of criminals took their tactics to a whole new level, employing real-life burglars to break into homes, threaten and intimidate owners, and force them to hand over th

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