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Sep 16 2024TECHNOLOGY

Grayscale: A New Frontier in Crypto Investments?

Imagine a world where artificial intelligence (AI) and blockchain technology converge to revolutionize the way we live and work. Sounds like science fiction? Not quite. Grayscale Investments is making this vision a reality by introducing two new funds that invest in the native tokens of the Bittenso

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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-Backed Super PACs Make a Big Splash in Politics

The world of cryptocurrency has made a significant impact on the political scene, with crypto-backed super political action committees (PACs) making their first battleground Senate endorsements in the general election. These PACs, led by Fairshake, Defend American Jobs, and Protect Progress, have ra

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Sep 16 2024FINANCE

The Crypto Election: A Million-Dollar Free-for-All

The crypto industry is on a spending spree, dumping over $119 million into the 2024 U.S. presidential election. This staggering amount is more than even giant conglomerates like Koch Industries, which contributed $28 million to its Americans for Prosperity Action PAC. But what's driving this unprece

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Sep 16 2024POLITICS

The Crypto Cash Conundrum: Unpacking the Influence of Cryptocurrency on 2024 Elections

The 2024 presidential elections are just around the corner, and a recent report by Public Citizen has shed light on an astonishing trend in political fundraising: nearly half of all corporate donations have come from cryptocurrency companies. A staggering $119 million, largely from Coinbase and Ripp

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Sep 16 2024POLITICS

What's Next in 2024: Trump's Shifting Rhetoric and the Risks of Political Violence

In recent weeks, the world has witnessed a surge in political violence, culminating in an apparent assassination attempt on former President Donald Trump during a golf game in Florida. In response to the incident, Trump pointed fingers at President Joe Biden and Vice President Kamala Harris, claimin

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Sep 16 2024POLITICS

Coinbase's Crypto Connection to Kamala Harris: A Deal or a Dilemma?

The news that Coinbase's Chief Financial Officer, Alesia Haas, claims that Kamala Harris is using the company's Commerce platform to accept crypto donations has sent shockwaves through the crypto community. But is this claim accurate, and what does it mean for the future of crypto in US politics?

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Sep 16 2024POLITICS

Will California's Proposition 36 Unwind Progress or Take a Step Backwards?

California is on the cusp of making a decision that will have far-reaching consequences for its criminal justice system. Proposition 36 on the November ballot proposes to unwind Proposition 47, which made some drug and theft crimes misdemeanors instead of felonies ten years ago. But before making an

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Sep 16 2024FINANCE

Bitcoin's Bubble Bursts: Why Investors are Fleeing from Crypto ETFs

In the midst of a broader market selloff, investors are pulling their money out of Bitcoin ETFs at an alarming rate. More than $287 million was withdrawn from the 11 U.S.-listed ETFs on Tuesday, the largest outflow in four months, according to Farside Investors data. This sudden exodus raises questi

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Sep 16 2024POLITICS

The Elon Musk Dilemma: A Lesson in Context and Humor

Elon Musk, the billionaire CEO of SpaceX and Tesla, recently found himself in hot water after making a controversial comment on his social media platform, X. The post, which has since been deleted, questioned why there have been no assassination attempts on President Joe Biden or Vice President Kama

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