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searchengine
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computing
cyberwar
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currency crash
11/18/2022
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By Cassie B.
US to extradite embattled FTX ex-CEO Sam Bankman-Fried from Bahamas
The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for questioning. Bankman-Fried […]
11/18/2022
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By Kevin Hughes
Crypto Nostradamus John Perez: Cryptocurrency scam is THE SCAM of the century
For Crypto Nostradamus John Perez, the cryptocurrency scam is the scam of the century. “They are all playing games, sucking money out and moving it. And the crypto scam is literally the scam of the century because it just makes every other scam. But the crypto ecosystem, in my opinion, is gone. It is dead […]
11/17/2022
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By Kevin Hughes
Binance strategy chief takes a swipe at FTX following the latter’s bankruptcy filing
The head of strategy for cryptocurrency exchange firm Binance took a swipe at beleaguered rival FTX immediately after the latter filed for bankruptcy. “This is the direct result of a rogue actor breaking every single basic rule of fiscal responsibility,” Binance Chief Strategy Officer Patrick Hillmann said in a statement given to the Wall Street Journal (WSJ). […]
11/15/2022
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By JD Heyes
Disgraced FTX founder Bankman-Fried allegedly used billions in customer funds for trading, leveraging company (while funding Democrats)
The more we discover about FTX crypto exchange founder and CEO Sam Bankman-Fried, the more we learn about what a criminal he really is. According to reports, Bankman-Fried’s trading firm, Alameda Research, allegedly used billions of dollars worth of customer funds while using the exchange’s native token as collateral. “The quant trading firm Sam Bankman-Fried founded was […]
11/15/2022
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By Belle Carter
Former multibillion-dollar crypto firm FTX files for bankruptcy
FTX Trading Limited on Friday, Nov. 11, announced that it is going to file for bankruptcy and that Samuel Bankman-Fried is resigning as CEO. This was after the company failed to source enough capital to stay afloat. Bankman-Fried has been succeeded by John J. Ray III, though the outgoing chief will stay on to assist with the […]
11/11/2022
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By Arsenio Toledo
Solana’s value cut in half following FTX liquidity crisis
The liquidity crisis affecting cryptocurrency exchange platform FTX has also impacted other major crypto players – including Solana and its token SOL. Earlier this month, FTX entered a downward spiral that saw the company’s fortunes crumble to almost nothing within the span of days. Binance, a rival crypto exchange, initially offered to buy the company. But less […]
10/11/2022
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By Arsenio Toledo
Israel, Norway and Sweden to test central bank digital currencies for cross-border transactions
The central banks of Israel, Norway and Sweden have signed up to a Bank of International Settlements-led (BIS) project that will test the feasibility of using central bank digital currencies (CBDCs) for cross-border payments. Known as Project Icebreaker, it will enable fast international transactions using CBDCs at a significantly lower cost compared to existing systems […]
09/26/2022
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By News Editors
Central Bank Digital Currencies are the bullet train to digital concentration camps
The White House published a “comprehensive framework” last week attacking decentralized cryptocurrencies while promoting a U.S. government-controlled programmable Central Bank Digital Currency (CBDC), per an official press release. (Article by KanekoaTheGreat republished from Kanekoa.Substack.com) Agencies that were chosen to lead the ongoing working group for the research and possible development of a CBDC include the Federal […]
09/09/2022
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By Cassie B.
$258 billion Dogecoin racketeering lawsuit filed against Elon Musk has expanded – massive crypto pump and dump scheme alleged
A high-profile racketeering lawsuit filed against Elon Musk accusing the Tesla CEO of running a pyramid scheme involving the cryptocurrency Dogecoin has now expanded. An amended complaint that was filed this week in a Manhattan federal court saw seven new investor plaintiffs added to the suit as well as six new defendants. The lawsuit maintains […]
08/18/2022
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By Cassie B.
Crypto ad spending down 99.9% since February as industry meltdown continues
Anyone who has watched sports on TV in the past year can attest to the prevalence of cryptocurrency ads, but things have changed dramatically in the past few months as the crypto industry experiences significant turmoil. Sports and crypto are closely linked, with the Morning Consult reporting that sports fans are twice as likely as […]
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