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South Korean Police Swoop on Suspected Crypto Scam, Arrest 25
7.11.2023
South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people. Per Maeil Shinmun, the firm is thought to have amassed almost $14 million worth of fiat and crypto from its customers, with suspects detained...
$588K of Bitcoin Stolen as Fake Ledger Live App Infiltrates Microsoft’s App Store
6.11.2023
A scammer has stolen $588,000 of Bitcoin by uploading a fraudulent Ledger Live app onto Microsoft’s app store. On Saturday, cryptocurrency investigator ZachXBT posted about the fake app on X (formerly Twitter), warning people to not download the fraudulent app titled “Ledger Live...
Former SEC Official Warns SBF Conviction Is ‘Just the Tip of the Iceberg’ for All of Crypto
5.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think that it’s safe to go back in the water...
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
3.11.2023
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating:...
GameStop Keeps Finding New Ways To Rip People Off
2.11.2023
Things have been bad at retail chain GameStop for a while now but somehow they’re about to get even worse. Employee benefits are on the chopping block heading into next year as the gaming retailer doubles-down on cost-cutting despite holding $1 billion in cash reserves thanks to its earlier meme...
Billionaire Stan Druckenmiller: I Don’t Own Bitcoin but I Should
2.11.2023
Renowned billionaire hedge fund manager Stanley Druckenmiller says he doesn’t own any bitcoin but he should. He sees the crypto as a brand. When comparing bitcoin to gold, he said: “It’s clear that the young people look at it as a store of value because it’s a lot easier...
MetaBID: Your Gateway to a New Era of Blockchain Auctions
31.10.2023
PRESS RELEASE. MetaBID, the innovative auction platform set to transform the way people bid and win launches it’s first auctions on the 4th of November 2023. By combining blockchain technology, a secure and transparent environment, and exciting opportunities to win highly prized digital...
Robert Kiyosaki Shares Investment Allocation to Help You Survive ‘Greatest Crash in World History’
31.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and bonds, he stressed that people with this allocation will...
34 Million People Have Played The Best Assassin’s Creed Ever
30.10.2023
10 years ago, Ubisoft launched Assassin’s Creed IV: Black Flag, an open-world pirate-themed RPG that set the stage for the modern iteration of the long-running series by revitalizing its open-world exploration and adding remarkable naval combat. And in that time, millions of people have played...
SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
27.10.2023
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It comes after his “dry-run” in front of Judge Kaplan yesterday afternoon following disputes between the prosecution and defense over what the defendant could...
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
27.10.2023
The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages
LIVE: Sam Bankman-Fried: I Made 'Mistakes,' and 'a Lot of People Got Hurt'
27.10.2023
Sam Bankman-Fried is set to take the stand in his criminal fraud trial, where he'll share his story about the fall of FTX before a jury
8 More Arrested in JPEX Scandal as Total Fraud Amount Exceeds $213 Million
27.10.2023
Hong Kong Police arrested 8 more people on Thursday in the JPEX scandal, taking the total of arrested individuals in the alleged fraud to 36. The police also revealed that a total of 2,595 people have reported losses in the JPEX crypto exchange. The total amount that has been defrauded in...
Cyberpunk 2077's New Patch Buffs Keanu Reeves' Gun And Screws Over Homeless People
26.10.2023
Cyberpunk 2077's latest update went live today and brings with it a surprising number of new tweaks to the sci-fi RPG. In addition to changing the stats of various weapons, there are also a bunch of bug fixes and the kind of random nerfs you only see in a sprawling open world.Read more
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
24.10.2023
Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody...
Join the Economic Freedom Nexus — No BS Crypto News in the Context of Permissionless Exchange
23.10.2023
We all know central bank digital currencies (CBDCs) are the furthest thing there is from actual cryptocurrency. That “financial inclusion” usually just means more laws preventing poor people from free exchange and survival in broken, state-run fiat madhouses. The Economic Freedom...
People’s Bank of China Governor Vows to Curb Crypto Speculation
23.10.2023
The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial market and prevent risks. PBOC Prepares to Crack Down...
Peter Schiff: ‘No One Needs Bitcoin’
20.10.2023
Peter Schiff, a renowned economist and gold bug, has criticized Bitcoin’s role and utility in today’s economy. According to Schiff’s remarks, Bitcoin is useless, and its advocates are like a cult, trying to convince people to buy bitcoin after buying it themselves. Peter Schiff:...
FTX General Counsel gives Damning Testimony against Bankman-Fried in SBF Trial
19.10.2023
The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.
The prosecution presented a robust direct examination of the Yale-educated Sun, who served as general counsel for FTX from August 2021 through...
Prosecution in SBF Trial Reveal Telling Twitter Messages from Bankman-Fried
19.10.2023
The prosecution in Sam Bankman-Fried's landmark fraud case revealed several telling messages the fallen crypto founder had via direct messaging on Twitter.
The prosecution called investigative analyst for the Southern District of New York, Shamel Medrano, to the witness stand, where he...