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“‘I didn’t sleep for days’” With hopes of being a homeowner by the time he turned 30, Steve Jensen decided to invest $25,000 in the crypto market in the summer of 2020. It was half of his savings, but since he couldn’t afford a 10% down payment on a home in Westchester, he hoped his…
“Inside Declan Kelly’s comeback after Teneo downfall” Disgraced CEO whisperer Declan Kelly — who has pegged his return from exile on the horns of the GOAT — has a steep hill to climb to fully rehabilitate his image after his spectacular downfall as boss of public relations giant Teneo, people close to the PR whiz…
“Reality bites traders, memers and crypt-iots” Melvin Capital is maybe the first — but certainly won’t be the last — hedge fund hammered out of business as markets wean themselves off the heroin of cheap money that has propelled stocks and just about everything else for the past two-plus years. Hedge-fund investors, even those who…
“Crypto scam warning after criminals spotted trying ‘new tricks’ to steal funds” A new crypto scam preying on new investors has been tracked by a cybersecurity firm. The scheme is called “liquidity mining” and the perpetrators use the complexity of crypto-trading as a shield for heists. The cryptocurrency space is ripe with scams and hacks. The Washington Post reported…
“Disgraced hedge fund tycoon Phil Falcone raising money for crypto TV network” Phil Falcone is angling to profit from TV coverage of crypto assets — an oddball bid to reverse a decade-long slide from being a billionaire to pleading that he’s broke. The fallen hedge fund star — who amassed a $2 billion fortune from…
“blockchain for birth certificates ‘way of the future’” Making use of crypto technology’s “blockchain” to store birth certificates, property deeds and other government documents is “the way of the future,” according to New York City Mayor Eric Adams. “To have, to use blockchain from everything — to look at deeds, to deal with birth certificates,…
“Bitcoin City in El Salvador takes the Metaverse in the opposite direction” We’ve all heard about bringing cities into the Metaverse, but this city will bring a part of the Metaverse to the real world instead. AR, VR, cryptocurrencies, NFTs, and the lot are the usual culprits cited when talking about the Metaverse. Built on…
“MSNBC’s Stephanie Ruhle has no sympathy for crypto investors” MSNBC anchor Stephanie Ruhle voiced little sympathy for crypto investors crushed by this week’s collapse in the value of digital coins. “If you lose your shirt, hope you got a six-pack,” Ruhle said. “The 11th Hour” host, a former investment banker, also told crypto investors not…
“Bitcoin, cryptocurrencies rebound after brutal crypto crash” Bitcoin and other cryptocurrencies rebounded Friday as investors bought the dip in hopes that the market had bottomed out after a brutal week. The world’s most popular cryptocurrency, Bitcoin, was up 5.8% over the previous 24 hours at $30,600 as of late Friday morning, while Ethereum gained 8.0%…
“Crypto investors panic amid digital coin, bitcoin crash” Crypto investors were panicking on Thursday as bitcoin and other digital coins continued to plummet. Victims of the bloodbath — which comes amid a broader stock market rout — range from the billionaire crypto titans who run leading marketplaces such as Coinbase and Binance to lowly retail…