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“Kim Kardashian could be ‘tip of the iceberg’ for celeb crypto crackdown” Kim Kardashian’s $1.26 million fine from the Securities and Exchange Commission could just be the first shot in a broader regulatory volley against crypto-hawking celebrities, experts tell The Post. A-listers including Matt Damon, Tom Brady and Larry David, who appeared in ads for cryptocurrency…
“Crypto crash continues as bitcoin briefly dips below $21K” The price of bitcoin briefly plummeted below the $21,000 threshold for the first time since December 2020 on Monday night as investors braced for a looming recession and reacted to difficulties at a major exchange. Bitcoin was staging a slight rally and was trading near $22,000…
“Bitcoin may plummet to $30K as tech stocks tank: analysts” Bitcoin could slump to $30,000 as the era of cheap money comes to a close and investors move cash from speculative assets to safer bets, market watchers suggest. Analysts note that cryptocurrencies are being treated by investors much the same as speculative tech stocks. While…
“#How two 23-year-olds became millionaires by mining bitcoin” A pair of recent college grads made $4 million before their 24th birthdays by using flare gas from Texas oil fields to mine bitcoin. Brent Whitehead and Matt Lohstroh are Texas A&M University alums who co-founded Giga Energy Solutions, a company that uses stranded natural gas that…
“#Jack Dorsey looks to give Bitcoin developers a boost with nonprofit” Jack Dorsey says he is planning a nonprofit aimed at paying the legal bills of Bitcoin developers who were sued by an Australian computer scientist who claims to be the founder of the popular cryptocurrency. The former Twitter CEO sent an email on Wednesday…
“#El Salvador’s president Nayib Bukele tackles bitcoin woes” El Salvador President Nayib Bukele stepped in on Wednesday to closely manage the fraught roll-out of a payments app that underpins the nation’s adoption of bitcoin as legal tender, and called on users to report any problems on his Twitter feed. Adopting language similar to IT departments in…
“#The right fix for voting laws and other commentary” Election expert: The Right Fix for Voting Laws “It’s easy to see why” the Democrats’ S1 bill — the “For the People Act” — stalled, snarks Honest Elections Project director Jason Snead at Townhall: It’s an “unconstitutional overreach that risks plunging democracy’s foundations into disarray.” S1’s…
“#China arrests 1,100 crypto users on money laundering charges” China’s crackdown on cryptocurrencies is heating up with a series of arrests that suggest digital currency users can be traced. More than 1,100 people who allegedly used cryptocurrencies to launder profits from frauds were arrested Wednesday, the country’s Ministry of Public Security said in a statement. …
“#Americans pocketed $4B in bitcoin profits in 2020, analysis reveals” Americans got richer off bitcoin than any other country last year — pocketing $4.1 billion in profits as the price of the volatile cryptocurrency soared to $29,000 from under $10,000, according to a new analysis. The US was followed by China, which cashed out some…
“#US stocks jump after two weeks of losses, bitcoin up 13 percent” Stocks are broadly higher in morning trading on Wall Street Monday as investors regained an appetite for risk after the market notched two straight weeks of losses. The S&P 500 index was up 1.1 percent as of 11:20 a.m. Eastern. The Dow Jones…