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SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme


The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more than $300 million from millions of retail investors worldwide, including...

NEAR Provides Access to More Wallets


Fostering an ecosystem that can establish and sustain the essential elements of a robust and dynamic Web3 environment seems to have been a crucial element of NEAR’s objective. The provision of wallets is another one of those crucial roles, and the Basis has so far created and sustained...

Why Is Alchemy Pay (ACH) On The Rise?


PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site...

8 Things More Likely Than Winning The Colossal Mega Millions Jackpot Today


The Mega Millions lottery is once again making headlines with a current jackpot worth $1.28 billion. It’s the kind of thing that’s nice to daydream about winning in-between scrolling TikTok and ignoring your boss, because of course you won’t win it. The chances are indistinguishable from zero....

IMF Warns of Further Crypto Selloffs and More Coins Failing


A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...

Goldman Sachs, JPMorgan Predict Euro-Area Recession


Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S....

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook


Pierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF). _________ The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern.... Read More: Global Economic...

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