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Tag Archives: crypto

Bill Ackman Criticized for Support of Helium Crypto

Hedge fund billionaire Bill Ackman is taking a lot of flak for his support of a digital currency called Helium. Many users on Twitter and other social media platforms are calling him out for his alleged ignorance and claim that Helium is nothing but a Ponzi scheme. Bill Ackman Gets Jumped on for His Helium Praise The crypto space is filled with vast opportunities, some of which are real and some of which aren’t. Many players out there say you really need to keep your...

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Binance Pledges $2 Billion to “Save Crypto”

Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto space has been failing as of late. Bitcoin, for example, has lost more than 70 percent of its overall value since it reached its new all-time high of about $68,000 per unit in November of 2021. In general, crypto has lost more than $2.2 trillion in valuation, and many...

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Crypto Pioneer Tiantian Kullander Passes Away

Tiantian Kullander – the founder of digital currency firm Amber Group – is alleged to have passed away in his sleep on November 23 according to a statement from the company. Tiantian Kullander Has Passed On Kullander launched the enterprise in 2017. At the time of his death, the firm was valued at more than $3 billion and was in the process of garnering another $100 million. The company was composed of several workers who spent time in the traditional finance sector,...

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Opinion: New York REALLY Needs to Change Its Attitude Towards Crypto

New York, for lack of better terms, is behaving very foolishly when it comes to the growing crypto space. New York Should View Crypto in a Stronger Light The industry has shown itself to have a lot of prowess despite the volatility of coins and the actions of a few bad companies here and there. In many ways, the industry is likely to revolutionize finance in more ways than one, but when a major hub like the Empire State continues to turn its back on the industry and...

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MLB Ends Partnership with Fallen Crypto Exchange FTX

Major League Baseball (MLB) has announced it’s not looking to continue the deal it struck with now fallen crypto exchange FTX. The MLB Is Stepping Away from FTX The deal was initially formed prior to 2021, though it’s taken some time for things to get off the ground. Now that the company has filed bankruptcy and lost so much money due to illicit accounting activities, the MLB has said that it’s looking to back out of the deal and part ways with the disgraced digital...

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Mark Cuban Still Believes in Crypto’s Power

Billionaire investor and crypto bull Mark Cuban has not lost faith in digital currencies. Despite all the problems that have been occurring with FTX and the price of bitcoin, Cuban still feels that there’s a lot the space can offer. Mark Cuban Remains Confident in Crypto In a recent interview, he mentioned: Separate the signal from the noise. There’s been a lot of people making a lot of mistakes, but it doesn’t change the underlying value. He doesn’t think the space is...

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Jim Chanos: Crypto Is Like the Dotcom Era All Over Again

Renowned short-seller Jim Chanos has stated that the current crypto environment is like the “dotcom era on steroids,” and he thinks the recent collapse of popular digital currency exchange FTX is the start of a long and negative era for digital currency. Jim Chanos: Crypto’s Future Looks Bleak Chanos predicted that Texas energy company Enron would collapse in 2001, and he was right. How ironic that the man tasked with cleaning up the Enron mess, John Ray III, is now...

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Two Men in Estonia Charged with Crypto Fraud

Two men in the eastern European nation of Estonia have been arrested after they defrauded crypto investors of more than $575 million in digital funds. Two Men in Estonia Charged with Crypto Crimes The arrests were issued by federal agents based in the United States. Both Sergei Potapenko and Ivan Turogin – each is 37 years of age – have been charged with crimes like wire fraud and conspiracy to commit money laundering. It is also believed that there were four other...

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Crypto Innovator Nikolai Mushegian Dies in Puerto Rico

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...

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Clowncoin Is Dancing Its Way Into the Crypto Space

A new cryptocurrency called “Clowncoin” is coming to the market. While other currencies can grow and earn their owners some potential profits, this one will wear white face makeup and a red nose while performing circus acts to entertain kids. Clowncoin Has Arrived! Eh, not quite. Despite its goofball name, the asset is slated to do many of the other things that present altcoins do. The currency was founded by Dave Mattarocci, an information technology graduate of Pueblo...

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