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There is a conspiracy theory circulating on Crypto Twitter that Sam Bankman-Fried, the founder of FTX, may be secretly behind a new memecoin on Base called BALD. The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstrong, was launched on July 30 and witnessed an incredible 289,000% gain within […]
According to an article on MSN, the CEO of Coinbase, Brian Armstrong, revealed that the SEC suggested his company make a change while the agency prepared to sue the firm for allegedly operating as an unregistered broker. The SEC suggested that Coinbase delist every asset other than Bitcoin, which would have essentially meant the end […]
What It Means for Crypto Investors. Yes, FTX Trading Ltd. and Genesis Global Holdco LLC have reached an agreement in principle to resolve the claims brought by FTX in its bankruptcy case. On July 27, legal counsels for both firms sent a letter to bankruptcy Judge Sean Lane stating that they had agreed to a […]
Fernando Pérez Algaba, a 41-year-old millionaire crypto influencer, was recently found dismembered in a suitcase in Buenos Aires, Argentina. The gruesome discovery was made by a group of children playing near a stream. Police have launched a murder investigation into the case . View this post on Instagram A post shared by Fernando perez algaba […]
The House Financial Services Committee is a committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday. A majority of lawmakers ultimately voted in favor […]
Worldcoin is a cryptocurrency and digital ID project spearheaded by OpenAI chief Sam Altman. It aims to verify users’ identity by scanning their eyes. Giving them a unique digital identity to verify they are a real human and not a bot. The project also includes a cryptocurrency, also named Worldcoin. An app that allows users […]
Bitget, a leading global crypto exchange, has recently opened an office in Dubai to expand into the Middle Eastern market. The company plans to hire up to 60 new members of staff to support the expansion and will explore opportunities in Bahrain and the United Arab Emirates (UAE). Bitget has already started recruiting for the […]
A North Korean government-backed hacking group penetrated an American IT management company called JumpCloud in late June and used their access to the company’s systems to target its cryptocurrency company clients in an effort to steal digital cash. The hack shows how North Korean cyber spies are now tackling companies that can give them access […]
According to a new report from blockchain intelligence firm Chainalysis, 2023 has so far been a meager year for crypto scammers. So far in 2023, crypto-related crime, measured as inflows to “known illicit entities,” has fallen 65% compared with the same period last year. At the same time, the report said inflows to entities deemed […]
Social mining revolutionizes online engagement, transforming reward systems and challenging conventional perspectives. At its core, social mining is a way of incentivizing and rewarding users for contributing value to a decentralized platform through their actions and engagement. Users earn rewards by contributing valuable content, engaging in communities, and completing tasks in a token-based economy. Web3, […]
