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Former President Trump Opposes Idea of US Digital Currency
United States presidential candidate and former President Donald Trump has pledged to prohibit the creation of central bank digital currency (CBDC) if elected. This declaration introduces a fresh perspective into the ongoing global discourse surrounding the role of CBDCs in... -
Sam Bankman-Fried’s Parents Request Dismissal of Clawback Lawsuit
The parents of FTX founder Sam Bankman-Fried have asked a U.S. bankruptcy judge to dismiss the lawsuit initiated by the crypto exchange against them. They deny involvement in the company's internal operations and refute allegations of withdrawing money from FTX... -
Robert Kiyosaki Sounds Alarm on U.S. National Debt, Advocates Bitcoin and Precious Metals as Safeguards
Robert Kiyosaki, the "Rich Dad Poor Dad" author, is concerned about the U.S. national debt rapidly increasing, jumping by a trillion dollars fast. He's not the only one worried. Many people fear that this growing debt could hurt the U.S.... -
Elon Musk Seeks Higher Tesla Voting Rights Before AI Advancements
Tesla (NYSE: TSLA) CEO Elon Musk is seeking higher voting rights in Tesla and has said that he would consider building artificial intelligence (AI) products outside the company if he does not get around a quarter of voting rights. In... -
SEC Supports Do Kwon’s Trial Request Following Extradition to the US
The U.S. Securities and Exchange Commission (SEC) has approved a postponement for the civil trial of Terraform Labs and its co-founder, Do Kwon. The trial, which accused Kwon of participating in a $40 billion cryptocurrency fraud, is being delayed to... -
Celsius Initiates $125M Transfer to Exchanges, FTX, And Alameda Follow-Suit
Bankrupt crypto lending firm Celsius has initiated transfers to centralized exchanges in a bid to pay back its creditors. 540k ETH Still On Its Records Blockchain analytics platform Arkham Intelligence reported a $125 million transfer from Celsius protocol in a... -
SEC Chairman Gary Gensler Issues Cautionary Statement on Approval of Spot Bitcoin Exchange-Traded Funds (ETFs)
The approval of spot bitcoin exchange-traded funds (ETFs) has caused a lot of excitement. However, U.S. SEC Chairman Gary Gensler wants to clarify that just because these ETFs are approved, it doesn't mean the SEC is endorsing Bitcoin. Gensler is... -
Vitalik Buterin Proposes 33% Gas Limit Raise for Improved Ethereum Network Throughput
Ethereum co-founder Vitalik Buterin has proposed a 33% increase in gas limit, raising it from 30 million to 40 million. The aim is to improve the network's throughput capacity. 33% Increase Would Shift the Gas Limit to 40 Million In... -
Analysts Get Cautious on Chinese EV Stocks Amid the Price War
Wall Street analysts are getting cautious about Chinese EV stocks amid the intensifying price war and the feared slowdown in sales growth. Chinese EV stocks were mixed last year and while names like Li Auto and Xpeng Motors closed in... -
Celsius Seeks to Recoup Pre-Bankruptcy Withdrawals from Creditors
Bankrupt crypto lending firm Celsius has filed an intent to reclaim funds from customers who withdrew over $100,000 in the 90 days preceding its bankruptcy declaration. 27.5% of Withdrawn Funds to be Returned By Month-End On January 9, 2024, administrators...
