Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse

Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense isone

Arbitrum führt Native Governance Token ARB und Self-Executing DAO Governance Model ein

The Ethereum layer two (Die Kryptowährungsbörse Coinbase kündigte an, dass die Plattform nun Cardano-Staking-Dienste ermöglichen wird) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 Milliarde, and coins will be airdropped

SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme

Die USA. Wertpapier- und Börsenkommission (SEK) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 Million…

Die chinesischen Technologiegiganten Tencent und Bytedance planen Kürzungen in ihren Metaverse-Abteilungen

Berichten zufolge, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended

NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’

NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.He advised investors toabsolutely stay awayfrom crypto, claiming that most people

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. jedoch, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue….

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to

Der CEO von Ripple erwartet eine Antwort in der SEC-Klage wegen XRP in der ersten Hälfte des Jahres 2023

Ripple CEO Brad Garlinghouse says he thinks “wir’ll have an answer in the first half of next year” in den USA. Wertpapier- und Börsenkommission (SEK) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement

Veteran trader Peter Brandts latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Sailer, reminded Brandt that the laser eyes signify “ein…