CURRENCY

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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 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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Sep 16 2024TECHNOLOGY

Crypto Magnate's Polar Odyssey: A Journey to the Final Frontier

Chun Wang, a 42-year-old cryptocurrency magnate, has made headlines by purchasing a SpaceX multi-day flight for an undisclosed amount. The mission, dubbed "Fram2," will be the first crewed spaceflight in polar orbit, flying end-to-end over the Earth. But what makes Wang's journey so extraordinary? L

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Sep 16 2024SCIENCE

Beyond the Horizon: SpaceX's Breathtaking Plan to Explore the Earth's Poles

The aerospace industry is on the cusp of a new era in space exploration, and SpaceX is at the forefront of this revolution. The company plans to send its first manned mission over the Earth's poles, a groundbreaking journey that will push the boundaries of what is possible. Dubbed "Fram2," the missi

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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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