Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said. Suze Orman Encourages Bitcoin Investment With Caution Financial advisor Suze Orman […] Source: https://news.bitcoin.com/suze-orman-recommends-btc-everybody-should-absolutely-have-exposure-to-bitcoin/
Month: September 2024
FBI seizes $6M from crypto scammers targeting US citizens
Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized. Source: https://cointelegraph.com/news/fbi-seizes-6-million-from-crypto-scammers-targeting-u-s-citizens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI Seizes $6M in Crypto From Southeast Asian Scammers
U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in […] Source: https://news.bitcoin.com/fbi-seizes-6m-in-crypto-from-southeast-asian-scammers/
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key […] Source: https://news.bitcoin.com/bybit-expands-in-cis-region-with-kazakhstan-license-for-crypto-services/
Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme
Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty’ law enforcement $280,000 per month,” according to the authorities. Crypto Platform CEO […] Source: https://news.bitcoin.com/crypto-platform-ceo-arrested-for-allegedly-paying-deputies-in-extortion-scheme/
Leveraged MicroStrategy ETFs Are a ‘Ghost Pepper’ Bet on Bitcoin—And They’re Booming
American investors appear to be regaining their appetite for risk, as new exchange-traded funds (ETFs) giving a leveraged position to MicroStrategy stock are booming. MSTX, which launched in August, now has $357.6 million in assets under management. The fund aims to give investors daily leveraged investment results of 1.75 times (or 175% of) the daily percentage change in MicroStrategy stock. …
Hamster Kombat Outlines Gaming-Focused Post-Airdrop Roadmap
Hamster Kombat, one of the games capitalizing on the “clicker” mania of applications distributed via Telegram, has updated its roadmap after its airdrop on Thursday. The roadmap outlines the inclusion of new elements, such as NFTs, into the game and the release of major gaming titles tied to the game’s token economy. Hamster Kombat to […] Source: https://news.bitcoin.com/hamster-kombat-outlines-gaming-focused-post-airdrop-roadmap/
Bitcoin and Binance token dip slightly as CZ is released
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation. Source: https://cointelegraph.com/news/bitcoin-binance-see-downward-shift-cz-released?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase-Linked Crypto Advocacy Group Endorses Senate Candidates—But Skips Controversial Races
Stand With Crypto, the pro-industry political watchdog initially launched by Coinbase, released a slate of political endorsements on Friday for the upcoming 2024 election—but avoided backing any candidates in a handful of increasingly controversial Senate races that have drawn scrutiny from corners of the industry. The organization threw its support behind 39 House and Senate candidates—an almost perfect split of…
Binance co-founder CZ free — What’s next and what it means for crypto
After four months in jail and social media discretion, CZ is free. What’s next for the former crypto titan who led Binance to the top? Source: https://cointelegraph.com/news/binance-co-founder-cz-free-next-means-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound