Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...
Read More »Mark Cuban Bashes the SEC for Its Actions Against Coinbase
Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...
Read More »Mark Cuban Says the SEC Approach to Crypto Led to Billions in Losses
The prominent American businessman, TV personality, investor, and owner of the Dallas Mavericks – Mark Cuban – lambasted the US Securities and Exchange Commission (SEC) for choosing “the wrong path” to regulate crypto. He believes its approach has been one reason why FTX investors in America have parted with substantial sums. On the other hand, he praised the actions of the Japanese regulators, outlining that “no one in FTX Japan lost money.” Cuban Goes on the Offensive...
Read More »Mark Cuban: To Hell with Gold, Go for Bitcoin!
Billionaire investor and crypto bull Mark Cuban is still a bitcoin fanatic. Despite everything that happened in 2022 and how bearish the market was, the space’s volatility and speculation has not put the owner of the Dallas Mavericks basketball team off from putting everything he has into bitcoin, the world’s number one digital currency by market cap. Mark Cuban Still Loves BTC In a recent interview with Bill Maher, a famed talk show host, Cuban claimed that owning gold...
Read More »Bankrupt Voyager to Sell $1 Billion in Assets to Binance
Crypto broker Voyager – which was one of many crypto firms to enter bankruptcy proceedings in 2022 – has been given approval by a court to sell some of its assets to Binance (a larger crypto exchange and its primary competitor) for about $1 billion. Voyager Can Sell Its Assets to the Exchange The goal is to get back at least some of the money owed to customers. Several clients saw their money tied up in the crypto platform once the bankruptcy process began. Since that...
Read More »Mark Cuban: A New Form of Crypto Crime Will Emerge This Year
Throughout 2022, there were many trends surrounding crypto crime. Many romance scams popped up, clearly proving it was a popular method amongst cyberthieves of getting money that wasn’t theirs. We also saw examples of exchange fraud like with FTX. Now, billionaire investor and crypto bull Mark Cuban says a new crime trend will occur in 2023, though he freely admits he’s suggesting this based purely on his own thoughts, and he has no evidence to suggest it will truly...
Read More »Mark Cuban: Forget Gold, Invest in BTC
Despite everything that’s happened in 2022, Mark Cuban is doubling down on his love of bitcoin and says he’s hoping to purchase more of the world’s number one digital currency by market cap should it drop even lower. Mark Cuban Doesn’t Like Gold That Much 2022 was a rough year for bitcoin and the crypto space. Bitcoin fell by more than 70 percent in value and ended the year trading in the high $16,000 range. This is way off the mark from the $68,000 per unit that it...
Read More »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...
Read More »Mark Cuban Reveals What Needs to Happen Before He Buys More Bitcoin
The American billionaire and prominent TV personality – Mark Cuban – said he wants bitcoin’s price to go down “a lot further” so he could purchase more of it. He also criticized investments in gold, arguing it is not a “hedge against everything.” Waiting for a Buying Opportunity The billionaire remains a fan of bitcoin, despite the asset’s massive price decline and the uncertainty around the entire crypto industry. In a recent podcast, he vowed to increase his BTC exposure...
Read More »Mark Cuban Is Mad About What’s Happened with FTX
Mark Cuban is not happy about what’s happened with FTX, and he’s taking to social media and other online platforms to express his disappointment. Mark Cuban Isn’t Happy About the FTX Fall The FTX collapse rocked the crypto world. What was long considered one of the biggest players in the digital currency world has suddenly come crashing down without notice, and its fall from grace has led to several repercussions. Allegedly experiencing a liquidity crunch, the company...
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