CRYPTO

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Sep 16 2024POLITICS

The Crypto Connection: Trump's Desperate Bid to Reclaim the Presidency

The Trump family's foray into the world of cryptocurrency is no surprise. As Trump seeks to regain the White House, he needs all the help he can get - particularly from Silicon Valley. The crypto community, on the other hand, is desperate for a friendly ear in Washington. They believe that Trump, as

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Sep 16 2024TECHNOLOGY

The Crypto Calamity: FTX's $12. 7 Billion Payday to Creditors

FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel

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Sep 16 2024FINANCE

Bitcoin's Rollercoaster Ride: A Cryptic Climber's Climactic Conquest

The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,

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Sep 16 2024TECHNOLOGY

Shooting for Clarity: Crypto Execs Make Their Pitch to the Biden-Harris Administration

The world of cryptocurrency has been waiting with bated breath for concrete regulatory clarity from the Biden-Harris administration. In an effort to shape Vice President Kamala Harris' policy on crypto-related issues, a group of leading crypto executives recently participated in a conference call wi

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Sep 16 2024TECHNOLOGY

The Crypto Market's Biggest Test: Will It Pass?

The past week has been a rollercoaster ride for the crypto market, with a sell-off that wiped out $367 billion in value. But instead of fleeing, institutional investors took advantage of the dip to buy in. Spot ether exchange-traded funds saw net inflows of around $120 million, with most traders buy

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Sep 16 2024CRIME

A Cryptocurrency Heist: $300,000 Stolen, a Diamond Pendant Bought, and a Mercedes-Benz Driven

Let's break down what happened in this jaw-dropping case. A 61-year-old Queens auto body shop owner had his Bitcoin worth $92,000 stolen in November 2022. He had stored his digital coins in a Blockchain wallet, and the thief, Aaron Peterson Jr., used the funds to buy a diamond pendant, a Rolex, and

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Sep 16 2024BUSINESS

Crypto Trader NovaTech's $650 Million Scheme: A Wolf in Sheep's Clothing?

The Securities and Exchange Commission (SEC) has brought a major case against crypto trader NovaTech and its leadership, alleging a fraudulent scheme that duped over 200,000 investors out of $650 million. But what's striking about this case is not just the sheer scale of the scam, but the way it tar

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Sep 16 2024FINANCE

NovaTech's Cryptocurrency Con: A $650M Fraud Uncovered

The alleged $650 million cryptocurrency fraud perpetrated by NovaTech Ltd. and its co-founders, Cynthia and Eddy Petion, has sent shockwaves through the financial world. The U.S. Securities and Exchange Commission (SEC) has charged the company and its six promoters with fraud, accusing them of orche

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Sep 16 2024BUSINESS

The Crypto Con: $13M in Fraud Exposed

The world of cryptocurrency trading is often shrouded in mystery, with promises of big returns and exclusive deals. But what happens when the promises are empty and the deals are a scam? That's exactly what happened with ezBtc, a cryptocurrency trading platform that defrauded its customers out of $1

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Sep 16 2024TECHNOLOGY

Reaching New Heights: The Fram2 Mission to the Poles

The upcoming Fram2 mission, funded by Chinese-born cryptocurrency entrepreneur Chun Wang, is set to make history by being the first human flight to venture over the Earth's poles. The mission, scheduled to launch in late 2024, will see the Crew Dragon spacecraft, Endurance, fly at an altitude of 425

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