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Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request
17.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States. Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services (BDOCS) jail Fox Hill, an overcrowded prison known for being filthy...
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
8.12.2022
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds...
Former Alameda CEO Spent $10,000,000+ on Luxury Properties Months Before FTX Collapse – Did He Know What Was Happening?
6.12.2022
As the collapse of major crypto exchange FTX and sister firm Alameda Research continues to generate controversy within the cryptosphere, Sam Trabucco, Alameda’s former co-CEO, reportedly went on a shopping spree shortly before the two companies’ implosion. Among others, he bought two luxury...
Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
1.12.2022
The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent. According to Bloomberg, crypto and blockchain...
Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme
23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
16.11.2022
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of TerraUSD (UST) in May, according to a third-party audit by JS Held
'Big Short' Author Michael Lewis Spent Months With FTX's Sam Bankman-Fried and Is Writing a Book
14.11.2022
Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate
14.11.2022
In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent roughly $74 million on real estate purchases in...
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...
These Genshin Impact Fans Spent $1,000 to $90,000 On Its Characters
2.11.2022
“It’s like that Ariana Grande song: I see it, I like it, I want it, I got it,” said one anonymous investment banker who’s spent over $10,000 in the hugely popular, free-to-play action role-playing game Genshin Impact. “I’m not known for being cheap with what I like. Some people collect photocards....
Fancy Image Decorations: Outlines and Complex Animations
28.10.2022
We’ve spent the last two articles in this three-part series playing with gradients to make really neat image decorations using nothing but the <img> element. In this third and final piece, we are going to explore more techniques using the …
Fancy Image Decorations: Outlines...
Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money — $80M Spent so Far
17.10.2022
Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide internet terminals and services to Ukraine. “We’ve also had to defend against...
I've Spent $1,000 On Anime Figurines, Send Help
14.10.2022
It’s 10:00 PM, and I’m stumbling back to my apartment after a wild night out in New York City. On my way in, I nearly tripped over a massive cardboard box sitting near my mailbox. It’s large enough to hold a PC monitor. I groan. I know exactly what it is: A $300+ anime figurine. [Freeze frame...
A Rare Opportunity To See The Huge Money Spent To Keep Game Pass, PS Plus Bursting With Games
11.10.2022
Video games are a nearly $200 billion industry. That’s a lot of money sloshing around an increasingly small group of notoriously secretive companies. Where does it all go? At least some of it is poured back into competing storefronts and subscription services like PlayStation Plus and Game Pass....
Brazilians Spent Almost USD 1Bn on Crypto in May, Digital Real Pilot to Begin in 2023
7.9.2022
Brazilians have spent more money than ever buying cryptoassets this year – and in May shattered previous spending records by shelling out a combined USD 912 million on coins.
Per the media outlet Portal de Bitcoin, the data was released by the nation’s Central Bank, which is yet to compile...
Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
30.8.2022
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E) models, stating that they create a workforce out of a kind of gamer who needs to monetize the time spent...
Billions are spent marketing crypto to sports fans — Is it worth it?
29.8.2022
Ukraine Blocks Crypto Wallet Used to Raise Funds for Russian Forces
24.8.2022
The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for...
Just Cause Devs Spent Nearly Two Years Working On A Canceled Iron Man Game
17.8.2022
In 2012, Disney and Marvel contacted Avalanche Studios—the team behind Just Cause—and began working with them on an Iron Man game that would never see the light of day. Read more