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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations
14.1.2023
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations...
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
13.1.2023
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency...
US House Republicans plan to establish crypto-focused subcommittee: Report
12.1.2023
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to crypto
US House Republicans to Set Up Crypto Committee to Oversee Shaky Industry: Report
12.1.2023
The new subcommittee on digital assets, financial technology and inclusion will be chaired by Rep. French Hill (R-Ark.)
New Home Flipping Game Is Totally Not Creepy Or Scary At All
9.1.2023
If you are looking for a calm and relaxing game to play, you might want to try out Regular Home Renovation Simulator, a new completely free-to-download indie game about a man quietly flipping a small house. And don’t worry if you see any random skulls laying about or if you suddenly feel like there...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
5.1.2023
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of...
US Congress investigations into FTX are in limbo without a House Speaker
4.1.2023
With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
4.1.2023
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved...
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed
4.1.2023
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the defendant’s request to keep the names of his $250...
Bahamas regulator denies asking crypto exchange FTX to mint new tokens
3.1.2023
Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
VIDEA ROKU 2022: Zaujalo kritizované Diablo Immortal nebo přisprostlá hra
1.1.2023
Stejně jako každý rok přinášíme přehled videí, která vzbudila největší ohlas mezi čtenáři serveru Bonusweb. Nejvíce sledovali trailer ke hře Diablo Immortal, tedy mobilní hry, kterou tvůrci své fanoušky popudili už v době oznámení. Výsledek bohužel nepřekvapil
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest
30.12.2022
After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed...
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
30.12.2022
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is...
Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest
28.12.2022
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial. ...
Read More: Sam Bankman-Fried Spent Several Hours with 'The...
SBF stays at parents’ house on a $250 million bail: Law Decoded, Dec. 19-26
26.12.2022
A bail was granted to SBF on the conditions of a $250 million bond, home detention, location monitoring and the surrender of his passport
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
25.12.2022
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After...
Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives
24.12.2022
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth...
FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?
23.12.2022
Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.
The bond was paid for partly by Bankman-Fried’s parents, Standford law professors Joseph Bankman and Barbara Fried, putting up the equity in their California home. However, facts...
SBF sent home after his parents put up their house to cover his astronomical bail bond
22.12.2022
The former billionaire, who has since claimed to be worth no more than $100,000, is out of jail on a $250 million bond