July 24, 2024
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SBF Family Linked To $100m FTX Scandal, Legal Trouble Looms

Recent findings by WSJ revealed that SBF’s family are linked to the $100m FTX scandal. According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions. Sam “SBF” Bankman-Fried, the founder of the collapsed crypto exchange FTX, is at the center of a $100

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Crypto Exchange Four Dragons Reportedly Suffers $100m Hack In Security Breach

Crypto exchange Four Dragons says it had suffered a breach of its security system, resulting in ‘significant funds being withdrawn.’ Kyrgyzstan-based crypto exchange Four Dragons revealed on its website that it fell victim to a hacker attack on Feb. 22, leading to the loss of an undisclosed amount of crypto, reportedly estimated to be worth

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Myanmar-Based Company, KK Park, Scammed Victims Over $100m In Crypto

A company in Myanmar, KK Park, scammed unsuspecting victims of over $100 million in crypto using romance and ransom schemes. Tether tokens were used in the scams, exploiting their stability and fast transaction times. Imagine a world where your digital wallet feels just as tangible as the one in your back pocket, vulnerable to the

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$100M fund for Asian blockchain businesses is opened by Hong Kong crypto venture capital

The “Titan Fund” has already invested in five distinct blockchain startups, allocating two of these investments to projects based in Hong Kong. CMCC Global, a venture capital (VC) firm centered in Hong Kong with a focus on cryptocurrencies, has successfully raised a substantial $100 million to bolster emerging Asian blockchain startups. This remarkable achievement signifies

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Bitcoin News Blockchain News

Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin

The current trend mirrors what has been observed in traditional financial markets, where notable increases in the value of meme stocks compared to more stable and defensive investment options are often interpreted as a signal that goes against the prevailing direction of the broader market. This phenomenon suggests a potential disconnect between the performance of

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