May 5, 2024
Crypto

Jailed FTX founder Sam Bankman-Fried turns on his celebrity endorsers including Tom Brady, Gisele Bundchen and Larry David and agrees to help crypto victims in class-action lawsuit against them

Former FTX chief, Sam Bankman-Fried, who is currently serving 25 years behind  bars has reached an agreement with investors to settle their civil claims Bankman-Fried will cooperate in a class-action lawsuit targeting celebrities who promoted FTX with the aim of resolving current and future civil claims  The list of celebrities include Tom Brady, Shaquille O’Neal,

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Investors

Bitcoin Halving Concludes as Investors Uncertain on Gains

Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be mined in half — happened Friday (April 19) evening, according to multiple published reports. As noted here late last week, the halving is built in

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Crypto

‘It’s not over till you’re in prison!’ Sneering crypto criminal jokes about joining new exchange with his crooked co-founder as he evades authorities in $3.5 billion Three Arrows Capital disaster

Kyle Davies ran 3AC alongside Su Zhu and still hasn’t faced consequences At the same time, Davies is posting all of his risky crypto bets on X Sam Bankman-Fried’s FTX is a downstream casualty of the 3AC disaster  Crypto fugitive Kyle Davies has continued to publicly engage in degenerate gambling – as if his crypto

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Crypto

Bankman-Fried Agrees to Help Sue Celebrity Crypto Promoters

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’ suits against other defendants stemming from FTX’s collapse, including various celebrities paid to promote the exchange, according to court documents filed Friday (April 19). The settlement, first reported by Bloomberg News, comes weeks

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Crypto

‘Perfect Chart’ Shows 4,000,000,000 People Adopting Bitcoin and Crypto, Says Macro Guru Raoul Pal – Here’s the Timeline

Ex-Goldman Sachs executive Raoul Pal says a chart that has tracked well in the last five years indicates Bitcoin (BTC) and crypto are very much on schedule to hit four billion users. In a new video update, the Real Vision CEO says that crypto will likely see more than one billion users by the end

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Crypto

Bitcoin Halving Triggers ‘Unprecedented’ Crypto ‘Chaos’ As Price Suddenly Surges

Bitcoin BTC has successfully completed its fourth halving supply cut—coming as one legendary billionaire predicts “rapid, cataclysmic” U.S. collapse. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s looming halving earthquake! The bitcoin price has so far defied warnings that the bitcoin

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Crypto

Here’s How to Avoid 4 Terrible Mistakes I’ve Repeatedly Made in Cryptocurrency Investing

Since I started investing in Bitcoin (CRYPTO: BTC) in the early 2010s, I’ve made quite a few mistakes in cryptocurrency investing that it would be good for other investors to avoid. Each of these errors eventually taught me something valuable, and, with practice, I don’t make them anymore. Here are four of my worst mistakes

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Crypto

Kraken Acquires TradeStation Crypto to Expand US Licensing

Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The transaction is part of our efforts to accelerate our U.S. presence and will unlock further growth and new product opportunities for Kraken in the U.S.,”

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Crypto

Crypto.com VC Arm Wary of Outsized Valuations

Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday (April 17). As the report noted, Marszalek is making this observation as a rally in the crypto sector has kicked off an uptick in billion-dollar

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Crypto

Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report

A crypto investment firm backed by financial giant Citadel is reportedly eyeing a $1 billion valuation after launching its latest round of fundraising. According to a new Bloomberg report, anonymous people familiar with the matter say that Hidden Road Partners, a startup prime brokerage focused on digital assets, is raising funds in a Series B

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