Tag Archives: crypto

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...

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...

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...

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...

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...

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...

The California Attorney General’s office is launching a new website warning people of the risks that come with digital currencies. California Is Warning Traders About Crypto’s Dangers California says there are simply too many crypto scams out there that people have fallen for. Regulators in the Golden State suggest that between the Ponzi schemes, the romance scams, and all the other digital dangers out there, crypto has given way to a world of criminality that cannot be...

It was said that crypto holders would make a big dent in this year’s midterm elections, and as of this writing, republicans have retaken control of the House of Representatives, offering clear evidence that bitcoin fans and Americans in general have turned on Biden and his nation-hating cronies. Biden Is Losing Power Throughout 2022, crypto prices have been crashing and reaching what appear to be points of no return. Bitcoin, for example, has fallen to a new low of...

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Dennis Kelleher – one of DC’s top figures in the fields of banking and finance – claims to have seen the FTX collapse coming a mile away, and he’s not surprised by the aftermath it’s led to. Kelleher Believes Crypto Won’t Survive FTX was one of the world’s top digital currency exchanges. Beginning in 2019, the company rose to prominence rather quickly and has since become an embarrassment in the space. The firm initially sought help from Binance and looked to the larger...