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Elon Musk and Robert Kiyosaki’s Shared Perspective: Fiat Currency as a Hidden Scam
Elon Musk, the CEO of Tesla and SpaceX, thinks that fiat or regular money, like the U.S. dollar and others, is a trick that we have all gotten used to without even noticing. Interestingly, he is not alone in this... -
Sygunm Subsidiary Receives Major Payment Institution License
Sygnum Singapore, a subsidiary of the top Swiss-based cryptocurrency bank, has recently received a license to offer crypto-related services to investors in the Asian nation. Sygnum Grabs MPIL From MAS According to an announcement shared on its platform, Sygnum Singapore... -
SEC Charges Prager Metis for Securities Law Violations and Auditor Independence Breaches in Failed Cryptocurrency Exchange Case
The SEC has recently taken significant action against Prager Metis, an accounting firm, due to its involvement with the cryptocurrency exchange FTX, which eventually faced failure. Prager Metis faces two serious allegations in this case. Firstly, they are accused of... -
Cyber Security Firm Discovers Lazarus Group’s New Malware Attack Strategy
Cyber security experts at ESET have uncovered an undocumented cyberattack backdoor, ‘LightlessCan,’ employed by the Lazarus group to target a Spanish aerospace company for espionage. The new attack strategy is stealthiness-driven and can evade real-time monitoring and digital forensic tools,... -
Key Takeaways Chinese EV Companies’ September Deliveries
Chinese EV companies have released their delivery reports for September. Here are the key takeaways from the release and a comparative analysis of leading players. NIO delivered 15,641 vehicles in September which was 43.8% higher than the corresponding month in... -
Compliance Concerns Lead Binance to Shut Down Operations in Russia, Emphasizes Global Expansion Instead
Binance, a popular cryptocurrency exchange, is shutting down its services in Russia. They've decided to sell their business to Commex because doing business in Russia doesn't fit their rules. They want to make sure they follow all the rules and... -
US Senator Introduces Bill Requiring Firms to Report Off-chain Transactions
A United States senator has introduced a new bill for all crypto-facing businesses to report off-chain transactions to a government agency. This legislation protects customers from fraud and manipulation in the crypto industry. Off-chain Business Should Reach CFTC's Ears US... -
Nike Stock Spikes on Fiscal Q1 Earnings Beat: Key Takeaways
Nike stock (NYSE: NKE) is trading higher in US premarket price action today after reporting its fiscal Q1 2024 earnings. While the sneaker giant missed consensus revenue estimates for the first time in two years – it was more than... -
Judge Limits Defense Strategy in Bankman-Fried’s Fraud Trial, Allows Drug Inquiry
As the highly anticipated trial of Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, approaches, Federal Judge Lewis Kaplan has issued a series of crucial rulings that will shape the course of proceedings. These rulings clarify what can and... -
BIS and Central Banks of France, Singapore, and Switzerland Test Cross-Border Wholesale CBSCs
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have successfully conducted a trial of cross-border trading for wholesale central bank digital currencies (CBDCs) known as Project Mariana. A Successful Cross-Border Trading of Wholesale...
