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Tesla CEO Elon Musk Predicts ‘Comprehensive Overhaul’ of SEC With 100% Probability
8.10.2023
Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action against individuals who abuse their regulatory power...
SEC Sues Musk to Make Him Testify in Twitter Takeover Investigation
6.10.2023
U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter...
Billionaire on Paper: FTX CTO Gary Wang Reveals Alameda’s Privileges Amidst Exchange Scandal
6.10.2023
Former FTX chief technology officer Gary Wang took the stand on Thursday in the trial of FTX founder Sam Bankman-Fried. Wang admitted to committing financial crimes with Bankman-Fried, former Alameda CEO Caroline Ellison, and former FTX engineering executive Nishad Singh. From High School...
GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff
29.9.2023
After years of pulling the strings from behind the scenes, GameStop chairman and billionaire Chewy founder Ryan Cohen appointed himself CEO of the ailing video game store on Thursday. His first email to staff, obtained by Kotaku, called for “extreme frugality” and said “time wasters” would not...
Watch A Billionaire Try To Play D&D With AI Snoop Dogg
28.9.2023
Mark Zuckerberg unveiled a suite of AI-based chatbots, including one that portrays rapper Snoop Dogg as a role-playing game Dungeon Master, during the Meta Connect 2023 Keynote on September 27. Each of Meta’s 28 new bots (which are not yet available to the public) is a curated character represented...
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
21.9.2023
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings
Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost
16.9.2023
Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase. Mark...
Crypto Billionaire Justin Sun Predicts Next Bull Cycle
6.9.2023
Tron founder Justin has predicted that the market is poised to enter a new bull cycle within the next two years.
Speaking at Korea Blockchain Week 2023, Justin Sun expressed optimism for the upcoming bull run. He said that the industry has been undergoing a deleveraging process over the past...
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
5.9.2023
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months
Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details
4.9.2023
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
28.8.2023
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday
Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Benefit From Fed's 'Fiat Toilet Paper' Printing – Time to Buy?
26.8.2023
BitMEX co-founder, Arthur Hayes, projects an optimistic outlook for Bitcoin, especially in light of the Federal Reserve's current monetary policies.
He critiques the Fed's efforts to control inflation, emphasizing that assets like Bitcoin, which possess a finite supply, are set...
Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
19.8.2023
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...
Crypto Billionaire Justin Sun's Huobi-Linked Exchange WhiteBIT Raises Concerns Over Its Lending Platform
16.8.2023
An obscure exchange with connections to Justin Sun, WhiteBIT, has sparked concerns after advertising a staggering Annual Percentage Yield (APY) of 24.8% to users depositing Tether (USDT) for a year on its lending platform, Protos reported.
This rate is five times higher than the average USD money...
Bitcoin Price Prediction as Billionaire Michael Saylor Makes Another $14 Million BTC Purchase – Time to Buy the Dip?
2.8.2023
On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000.
This surge was fueled by an increase in trading volume, as traders who had lost confidence in BTC in recent weeks re-entered the market.
As a result, trading activity soared to...
Crypto Billionaire Justin Sun and Partners Step in to Aid DeFi Giant Curve Amid Crisis – Here's the Latest
2.8.2023
Tron founder and wealthy crypto investor Justin Sun has stepped up to save decentralized exchange (DEX) protocol Curve Finance from a potential bad debt crisis....
Read More: Crypto Billionaire Justin Sun and Partners Step in to Aid DeFi Giant Curve Amid Crisis – Here's the Latest
Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become Invincible, Driving DeFi's Supremacy over TradFi
1.8.2023
BitMex co-founder and former CEO, Arthur Hayes, has set his sights on a futuristic concept that could revolutionize the decentralized finance (DeFi) industry: self-sovereign AI DAOs (Decentralized Autonomous Organizations). ...
Read More: Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become...
Billionaire Founder of HEX and PulseChain Richard Heart Sued by SEC for Securities Fraud
31.7.2023
The US Securities and Exchange Commission (SEC) has taken legal action against prominent internet marketer and crypto advocate Richard Heart.
Heart, whose real name is Richard Schueler, is accused of raising more than $1 billion through unregistered securities offerings and defrauding investors....
Mark Cuban Criticizes SEC Approach in Ripple-XRP Case
24.7.2023
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has weighed in on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “The current mission of the SEC is not to protect small investors,” the billionaire asserted. “Their goal...
Crypto Billionaire Arthur Hayes and Dragonfly Lead $6 Million Funding Round for Ethena's Stablecoin and Bond Token Platform
18.7.2023
Crypto startup Ethena has successfully raised $6 million in a seed funding round led by crypto venture capital firm Dragonfly and billionaire Arthur Hayes.
The Portugal-based company intends to use the funds to launch its stablecoin and bond asset, scheduled for the third quarter of this...