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searchengine
robotics
virtualreality
computing
cyberwar
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money supply
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 JD Heyes
Feds introducing ‘digital’ currency that government can ‘program’ to control individual behavior
As the United States is preparing to enter a significant and purposeful recession that could eventually trigger a full-blown depression, the Federal Reserve has announced a “digital currency pilot program” at all 12 of its banks — currency that the government will be able to “program” in a way to control personal spending habits and […]
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). […]
11/17/2022
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By Belle Carter
Health Ranger Report: John Perez highlights the importance of having silver and gold as crypto collapses
John Perez, also known as the Crypto Nostradamus, highlighted the importance of having actual physical assets such as silver and gold during his recent appearance on the “Health Ranger Report.” According to Perez, the cryptocurrency Bitcoin has collapsed and lost 25 percent of its value. He attributed this to a conspiracy, explaining that investors’ mindsets are […]
11/16/2022
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By Arsenio Toledo
Crypto.com withdrawals SURGE after CEO admits “mishandling” $400M transaction
Thousands of clients of the cryptocurrency exchange platform Crypto.com pulled out their funds from the site over the weekend after the company’s chief executive admitted to “mishandling” a transaction involving roughly $400 million worth of crypto assets. Crypto.com CEO Kris Marszalek said on Twitter that the $400 million transfer was mistakenly sent to the wrong type […]
11/16/2022
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By Roy Green
Crypto lender BlockFi blocks withdrawals as FTX declares bankruptcy
The crumbling crypto industry has claimed another likely victim in BlockFi, a digital-asset lender worth $10 billion once, but is now barely functioning. With FTX announcing its plans to file for bankruptcy on Friday, Nov. 11, BlockFi announced via Twitter on the same day that it is “stopping client withdrawals” because of a “lack of clarity” […]
11/16/2022
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By Kevin Hughes
Report: FTX utilized customer funds to prop up beleaguered Alameda Research
Failed cryptocurrency firm FTX Trading Limited and its disgraced former CEO Sam Bankman-Fried moved customer assets to prop up trading company Alameda Research, after it suffered from multiple losses in May and June 2022. A Nov. 3 Reuters report elaborated on this claim, citing three people familiar with FTX operations. The sources said Bankman-Fried moved at […]
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 […]
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