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Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial

October 22, 2023 0

FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope of

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

October 22, 2023 0

PRESS RELEASE. October 22nd, 2023 — Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is thrilled to announce the launch of an innovative campaign aimed at enhancing liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin. This strategic campaign will be executed in partnership with Hummingbot, the foremost open-source market making

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Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’

October 22, 2023 0

Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a halving event that occurs every four years. Morgan Stanley Foresees Crypto Spring Global investment bank Morgan […]

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Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates

October 22, 2023 0

Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss Brian […]

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Economist Peter Schiff Warns of Deep Recession, Inflationary Depression, and Collapse of US Dollar Demand

October 22, 2023 0

Economist Peter Schiff has warned of an inflationary depression, noting that inflation will stay higher for longer, leading to a more severe and prolonged recession. He predicted that the rapidly increasing national debt and federal budget deficits should lead to a collapse in demand for U.S. dollars. “Once the dollar starts falling, Treasury yields will […]

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Robert Kiyosaki Says Bitcoin Headed for $135,000 While Gold Will Soon Take Off

October 21, 2023 0

Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $135,000. He also foresees substantial growth in the price of gold, reaching $3,700 in the near future. In contrast, the renowned author has warned that savers of U.S. dollars, which he calls “fake money,” will be in trouble. Robert Kiyosaki’s Price […]

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Data Protection Bodies Call For ‘Privacy Threshold’ in Digital Euro Transactions

October 21, 2023 0

Ensuring low-value digital euro transactions are not traced is one of the recommendations made by two data protection agencies in the EU. The independent bodies have presented their joint opinion on the proposed regulation for the upcoming digital version of Europe’s common fiat currency. Independent EU Regulators Insist on Embedding Data Protection in the Design […]

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US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit

October 21, 2023 0

In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency giant Binance. SEC’s Authority Questioned: Chamber of Digital Commerce Supports Binance Founded in July 2014 by Perianne Boring,

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Blockchain Publishing Company LBRY Announces Shutdown Following Court Judgment and Debts

October 21, 2023 0

Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on Odysee, arrives in the aftermath of a contentious legal battle with the U.S. Securities and Exchange Commission (SEC). The post marks

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Gold Heats Up, China’s Gold-Backed Bond Move, and the 10-Year Treasury Note’s Ominous Rise

October 21, 2023 0

In the turbulent macroeconomic landscape marked by clashes in Ukraine and Israel, and with the Fed’s Jerome Powell alluding to persistent and escalated interest rates, the 10-year Treasury note has soared to 5% — a milestone not seen since 2007. Amid this whirlwind, both gold and silver have enjoyed a surge, paralleling the ascent of […]