CRYPTOCURRENCY

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Nov 11 2024FINANCE

Binance and CZ Face Massive Lawsuit from FTX

Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu

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Nov 09 2024CRYPTO

Crypto Investors and Climate Concerns: A Look at Ethereum's Big Shift

You might have heard about Ethereum's big change from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This change was meant to reduce the energy use of mining Ether, the cryptocurrency. Researchers looked into how investors reacted to this change. They studied how Ethereum (ETH), Ethereum Classic (ETC)

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Nov 09 2024FINANCE

Crypto's Double-Edged Sword: Volatility and Tax Evasion

Nobel laureate Paul Krugman was not a fan of cryptocurrencies back in 2019. He saw their future as dim. But even he couldn't deny that cryptocurrencies are big players today. They've changed how we think about money and finance. Governments are watching closely, trying to keep up with these digital

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Nov 08 2024FINANCE

Ex-FTX Exec Ellison: Behind Bars After Fraud

In a turn of events, Caroline Ellison, the former head of Alameda Research, reported to a federal prison in Connecticut on Thursday. This comes after her sentence of two years in prison last September for her role in the massive cryptocurrency fraud involving FTX. Ellison, who was a crucial witness

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Nov 07 2024FINANCE

Different Coins, Different Codes: Exploring Variety in Cryptocurrencies

The world of cryptocurrencies is vast and growing rapidly, with thousands of different types now available. While there's a lot of diversity, there's also a fair amount of deceit, with scammers hoping to cash in on the current craze. To understand how unique these cryptocurrencies really are, resear

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Nov 07 2024CRYPTO

Crypto Safety Check: Spotting Risky Ones with AI

Cryptocurrencies have been grabbing headlines and investor attention lately. But before diving in, it's crucial to understand what makes crypto prices tick and which ones might be too risky. This piece explores how AI can help by analyzing historical data and on-chain parameters. You know, those bit

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Nov 07 2024CRYPTO

CoinWatch: Safeguarding Cryptocurrencies from Cloned Vulnerabilities

Cryptocurrencies have seen a surge in popularity, with thousands of new ones popping up every year. They improve on Bitcoin's core features, which include the blockchain data structure and consensus mechanism. However, these digital currencies are major targets for cyber-attacks due to their anonymi

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Nov 07 2024POLITICS

Trump's Win Sparks Stock and Crypto Boom

Just days after Donald Trump's 2024 election win, markets are buzzing. Dow futures jumped by nearly 1, 400 points, around a 3. 2% boost, pushing the blue-chip market to record heights before trading started on Wednesday. The S&P 500 futures followed suit, up over 2%, and the tech-heavy Nasdaq Compos

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Nov 06 2024POLITICS

Bitcoin and Stocks Go Up as Election Results Come In

Tuesday night was an exciting time for investors. Futures on the Dow and S&P 500 climbed, and Bitcoin hit a new peak as early results from the U. S. presidential election rolled in. The U. S. dollar index also reached its highest level since July. Cryptocurrencies, often linked to former President T

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Nov 06 2024CRYPTO

Bitcoin Boom: Trump's Election Win Sparks Crypto Frenzy

Bitcoin hit a new high of $75, 345 on Wednesday, rising by about 8%, as investors anticipated that Donald Trump's victory in the U. S. presidential election would be great news for cryptocurrencies. This was a significant turnaround for Trump, who was once skeptical about crypto but later embraced i

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