Nikolai Mushegian – a young crypto pioneer – was recently found dead on a beach in Puerto Rico after claiming on social media that intelligence agencies were trying to kill him. Nikolai Mushegian Dead in Puerto Rico Leaving his $6 million condo on the morning of October 28, Mushegian was found by a surfer only hours later. His body was discovered in the waves, and he still had his wallet on him. He had said just hours earlier that the CIA and several other agencies...
Read More »Two New Cases of Crypto Fraud Have Occurred
Two new cases of crypto fraud are in the books. Crypto Fraud Is Getting Too Big The first involved two bad actors. One is Randall V. Rule, age 71, of Reno, Nevada. His partner in crime was Gregory C. Nysewander, age 64, of Irmo, South Carolina. Both have been charged with money laundering conspiracy, money laundering, and conspiracy to violate the Bank Secrecy Act. The pair sought to hide illicitly garnered funds through crypto portals. The U.S. attorney’s office said in...
Read More »Argo to Sell Helios Mining Facility to Galaxy Digital, Needs Extra Capital to Avoid Bankruptcy
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Read More »Bitcoin Miner Argo Blockchain Suspends Trading on Nasdaq amid Upcoming Announcement
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Read More »Bitcoin Price Analysis: BTC Could Drop To New 2022 Lows
Bitcoin price started a fresh decline below the $17,000 zone against the US Dollar. The price is now trading below $17,000 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $16,825 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $17,000 resistance zone. Bitcoin price is struggling below $17,000 against the US Dollar. BTC might...
Read More »El Salvador Is in Debt Because of BTC; It’s Turning to China for Help
El Salvador has lost so much for buying bitcoin that it’s now engaging in a new free-trade plan with China, something that’s causing many analysts to worry. They believe El Salvador’s sovereignty will eventually be up for sale, which could put the Central American nation into an even darker place. How Much Trouble Is El Salvador in? El Salvador has lost money due to its love for bitcoin. The country was the first in the world to declare bitcoin legal tender, doing so in...
Read More »Prices of Bitcoin ASIC Miners Drop to Multi-Year Lows
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Read More »Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds
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Read More »Michael Saylor Gives His Thoughts on the Fall of FTX
Former head of MicroStrategy Michael Saylor recently gave his thoughts and opinions on the digital currency scam surrounding FTX, the now fallen cryptocurrency exchange that was once labeled the ultimate golden player in the space. Michael Saylor on the FTX Collapse His conversation began with the statement that what was happening around FTX was “tragic.” It then transitioned into a discussion of FTT, the native token of the crypto exchange. He said: Since the supply was...
Read More »El Salvador Vows to Buy At Least One BTC Each Day
Nayib Bukele – the president of El Salvador – has issued a tweet saying he is going to be purchasing at least one bitcoin every day during the present market slump. Right now, BTC is trading in the $16K range, and the nation is looking to take advantage of the collapsing price. El Salvador Clearly Still Loves BTC The maneuver is stirring mixed reactions from analysts, some of whom claim it will ensure El Salvador’s digital dominance when the market repairs itself. They...
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