US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
Citron founder pleads not guilty to fraud over short seller calls
30.7.2024
Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government
Crypto ETFs to hit ‘model portfolios’ toward year end: BlackRock
30.7.2024
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
30.7.2024
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover...
‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge
30.7.2024
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
30.7.2024
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that...
4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
30.7.2024
Kyiv Police and the nation’s special police unit have arrested and detained four suspects believed to be responsible for the foreign national’s murder
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
30.7.2024
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$3 million cryptocurrency...
Blackrock Warns of Rising Crypto Investment Scams
30.7.2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted...
Polymarket tops $1B in betting volume amid US election hype
30.7.2024
More than one-third of the platform’s lifetime volume was traded in July, with speculators betting hard on the US presidential race
Artists sue SEC over confusing security status of NFTs
30.7.2024
Attorneys representing the artists drew parallels to Taylor Swift concert tickets, which are often sold on the secondary market
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
30.7.2024
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell...