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Read More »Arthur Hayes Draws Out How Digital Asset Holders Could Reshape US 2024 Elections, Calls for Pro-Crypto Legislation
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Read More »Binance Adjusts Tick Sizes for Key Crypto Pairs amid Market Resurgence
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Read More »Trump To Announce His VP Elect: MAGA VP ($MVP) to Surge with Bitcoin Cash (BCH) and Cardano (ADA)
In a significant turn of events, former President Donald Trump is about to name his Vice President elect. This announcement has sent shockwaves through political and crypto landscapes. As the MAGA movement intensifies, the MAGA VP ($MVP) token is poised to become a key player in this historical moment. The MAGA VP ($MVP) Token: A Political Crypto Revolution The MAGA VP ($MVP) token, the first vice president token in the cryptocurrency world, is capturing attention with its unique...
Read More »Former BitConnect Promoter Convicted for Unlicensed Financial Advice
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Read More »Scammer Returns Portion of the Funds They Stole From the Victim
In a surprising turn of events, a scammer who stole $24.2 million from a victim has returned $9.3 million to them. The funds were sent via two transactions using the DAI stablecoin—the first transaction occurred on July 8 and was worth $5.23 million, and the second $4.04 million on July 13. They stole these funds on September 6, 2023, by orchestrating a phishing scam, siphoning away 9,579 Lido Staked Ether (stETH) and 4,850 Rocket Pool (rETH) tokens. Those tokens are worth about $47 million...
Read More »Tornado Cash Developer Denied Bail
Alexey Pertsev, a Tornado Cash co-creator, was denied bail for the third time. He will spend the rest of the year behind bars as his legal team prepares an appeal against the money laundering charges. He was also denied access to a computer to prepare for his appeal. The court said that offering him that privilege would bypass its security protocols. Moreover, it has previously claimed that approving Pertsev’s request for supervised release would not make sense as he poses a flight risk. A...
Read More »Kraken and Spanish Football Club Atlético de Madrid Shake Hands on a Major Sponsorship Deal: Details
TL;DR Kraken has partnered with Atlético de Madrid as its Official Crypto and Web3 Partner and Official Sleeve Partner, aiming to bridge the cryptocurrency industry and the sports world. The initiative aims to enhance fans’ digital experiences and promote cryptocurrency education. The Terms of the Collaboration The US-based cryptocurrency exchange – Kraken – announced its partnership with one of the most successful Spanish football teams – Atlético de Madrid. The company...
Read More »Bitcoin Soars Above $61K Causing Over $100 Million in Liquidations
The Bitcoin price has recovered above the pivotal $60K mark, causing many to believe that the bulls are back and a larger rally is in play. At the time of this writing, BTC trades at above $61K, charting an increase of more than 4% in the past 24 hours alone. Source: TradingView As seen in the chart, the price exploded during the last hour as the volatility was significantly less before that. This move has resulted in over $100 million in liquidations in the derivatives...
Read More »This Hedge Fund Plans to Raise $500M for AI and Blockchain Investments
North Carolina-based hedge fund manager Morgan Creek Digital intends to raise roughly $500 million for a new fund focused on investing in artificial intelligence (AI), blockchain technologies, chips, and data opportunities. According to a press release, Morgan Creek’s new fund will invest in early-stage companies that combine AI power with blockchain technology and the associated chips to unlock value from data. Morgan Creek To Raise $500M for New Fund Morgan Creek is looking...
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