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Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review
11.8.2024
Robert Kiyosaki declared that the much-anticipated market crash has arrived, emphasizing the significant losses and highlighting it as an opportunity for investors to buy assets like gold, silver, and bitcoin at lower prices. The Democrats are engaging with the crypto sector, launching...
SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated...
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
11.8.2024
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November...
Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype
11.8.2024
A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If anything, crypto today presents even greater risks to its investors and to...
Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation
11.8.2024
Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He also noted that excessive regulation worsens the situation, underscoring that the issue stems from...
XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10
11.8.2024
XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest
Solana Gains Ground on Ethereum and Bitcoin in 2024
10.8.2024
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over 20% against the leading cryptocurrency, while solana has gained more than 5%. Solana, Ethereum...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
10.8.2024
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed...
Destiny 2 Pointers, How To Nab Fallout 76's Union Power Armor, And More Of The Week's Top Tips
10.8.2024
This week, we’ve got tips for you on how to make the most of attunement as it returns to Destiny 2, as well as how to nab Fallout 76's formidable Union Power Armor. We’ve also got a recommendation for The Order: 1886 which was much-maligned on release, tips about some sales you may want to take...
Borderlands Movie Bad, BotW Players Find An Amazing Glitch, And More Of The Week's Top News
10.8.2024
This week, we reported on diligent, game-breakingTears of the Kingdom players figuring out how to attain an item they’ve been trying to acquire for ages. Also, after years in production hell, the Borderlands movie is finally here and critics are not liking it! We also rounded up the biggest...
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
10.8.2024
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin said while bridges are poised to play...
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
10.8.2024
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
10.8.2024
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly...
AI offerings are a bad joke, and investors aren't laughing
10.8.2024
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
10.8.2024
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored...
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’
9.8.2024
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main...
Fortnite Player Remakes 20-Seconds Of Deadpool & Wolverine In-Game And Fans Wants The Full Scene
9.8.2024
Deadpool & Wolverine’s opening fight scene has quickly become a fan favorite. And now someone has used Fortnite to recreate part of that gory action scene, and they’ve done such a good job that a lot of people online are now asking for a full recreation. Read more
Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
9.8.2024
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase...
Here’s How To Find And Kill One Of Helldivers 2's Most Challenging New Bugs
9.8.2024
Helldivers 2’s new Escalation of Freedom update dropped on August 6, and it’s packing a ton of changes and additions, including a bunch of new enemy types. On the Terminid front, we’ve now got the Impalers, which are returning from the first game, and love to stab you with their wildly long...
What the NYT and Washington Post Op-Eds Get Wrong About Crypto
9.8.2024
It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter