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03 Jun 23

Peter Schiff’s Twitter account reportedly hacked to promote crypto scam

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The verified Twitter account belonging to media personality and Euro Pacific Capital CEO Peter Schiff may have been hacked to shill the supposed launch of a new cryptocurrency. Peter Schiff’s son, Spencer, an avid bitcoiner and technology enthusiast, raised the alarm […]

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01 Jun 23

CNHC stablecoin issuer reportedly detained in China

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Trust Reserve team, responsible for the CNHC stablecoin pegged to the offshore yuan, has been allegedly detained by the Chinese police. PANews, a local Asian outlet, exclusively obtained this information. It revealed that the team was reportedly detained by the […]

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06 May 23

US DoJ reportedly investigating Binance for violating sanctions against Russia

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance is reportedly under investigation by the United States Depart of Justice (DoJ) Department’s national security division over suspicions of illegally allowing Russians to evade sanctions and move money through the exchange. Binance accused of breaching Russian sanctions According to five […]

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30 Apr 23

Hacker reportedly steals bitcoin from Russia’s intelligence services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An unnamed Bitcoin user reportedly hacked hundreds of wallets purportedly controlled by Russian security services, stealing coins and sending them to addresses belonging to Ukrainian volunteers engaged in the war. According to a now-deleted report by on-chain data analysis firm, Chainalysis, […]

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15 Apr 23

Elon Musk, a dogecoin supporter, reportedly building new AI company called X.AI

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Elon Musk, the technology billionaire and dogecoin (DOGE) supporter has reportedly incorporated a new artificial intelligence (AI) firm called X.AI Corp. in Nevada, United States. The company, established on March 9, has Musk as its director and Jared Birchall, Musk’s family […]

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02 Apr 23

FDIC reportedly places SVB funds, including customer deposits, under receivership

A fortnight after the newly appointed Silicon Valley Bank (SVB) chief executive officer (CEO) cheered customers to return funds to the bank, the Federal Deposit Insurance Corporation (FDIC) has reportedly sent emails informing customers that their funds were in receivership. Mayopolous woos depositors Developments emanating from the embattled SVB, after Mayopolous’ advice, have shocked depositors as […]

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01 Apr 23

Elon Musk reportedly wants court to dismiss $258 billion dogecoin lawsuit

According to reports, Elon Musk and his legal team pleaded to a United States court this week to dismiss a $258b lawsuit filed against him. The complaint was launched by investors who complain that the billionaire ran a pyramid scheme to promote dogecoin, a cryptocurrency. The plaintiffs brought up Musk’s appearance on Saturday Night Live (SNL) […]

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22 Mar 23

BitBoy Crypto reportedly threatened FTX class action lawyers

Class action lawyers argue that Ben Armstrong, who stands behind BitBoy Crypto YouTube, often threatened them because they were suing them for advertising the fallen FTX cryptocurrency exchange. After being identified as a defendant in a class action lawsuit, Ben Armstrong began harassing the attorneys representing the plaintiffs, according to court documents. Lawyers for the class […]

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16 Mar 23

SVB parent company reportedly considering bankruptcy

SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection as one of its options. Bankruptcy filing as an option for selling assets According to a Reuters report which cited anonymous sources, SVB Financial is scouting […]

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07 Jan 23

Barry Silbert’s DCG is reportedly being investigated by US SEC and New York authorities

Following the decision by the Digital Currency Group (DCG) to shut down its wealth management unit, United States authorities are now reportedly investigating the company’s internal financial transfers. The focus of the investigation According to anonymous sources, sleuths from New York are said to be scrutinizing Genesis, a crypto lender and subsidiary of DCG, which is also facing a […]

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