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Sep 16 2024TECHNOLOGY

The Crypto Market's Biggest Test: Will It Pass?

The past week has been a rollercoaster ride for the crypto market, with a sell-off that wiped out $367 billion in value. But instead of fleeing, institutional investors took advantage of the dip to buy in. Spot ether exchange-traded funds saw net inflows of around $120 million, with most traders buy

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Sep 16 2024CRIME

A Cryptocurrency Heist: $300,000 Stolen, a Diamond Pendant Bought, and a Mercedes-Benz Driven

Let's break down what happened in this jaw-dropping case. A 61-year-old Queens auto body shop owner had his Bitcoin worth $92,000 stolen in November 2022. He had stored his digital coins in a Blockchain wallet, and the thief, Aaron Peterson Jr., used the funds to buy a diamond pendant, a Rolex, and

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Sep 16 2024FINANCE

The Crypto Market's Election Anxiety: Trump vs. Harris, Who Will Win?

The cryptocurrency market has always been sensitive to political rhetoric, and the upcoming presidential election is no exception. The market has been on edge as the odds of Vice President Kamala Harris's victory rise above those of Donald Trump. The uncertainty surrounding the outcome has led to a

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Sep 16 2024TECHNOLOGY

Into the Unknown: A Private SpaceX Mission to Earth's Polar Regions

The world is about to witness a historic moment as a private crew of astronauts, led by a wealthy bitcoin entrepreneur, prepares to embark on a groundbreaking mission to Earth's polar regions. The crew, comprising a cinematographer, an explorer, and a robotics researcher, will be the first humans to

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Sep 16 2024SCIENCE

Beyond the Horizon: SpaceX's Breathtaking Plan to Explore the Earth's Poles

The aerospace industry is on the cusp of a new era in space exploration, and SpaceX is at the forefront of this revolution. The company plans to send its first manned mission over the Earth's poles, a groundbreaking journey that will push the boundaries of what is possible. Dubbed "Fram2," the missi

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Sep 16 2024TECHNOLOGY

The DeFiant Ones: Trump's Cryptocurrency Gamble

As Donald Trump promotes his family's new cryptocurrency platform, "The DeFiant Ones," it's hard not to wonder what's behind this sudden shift in his stance on cryptocurrencies. Gone are the days when Trump called bitcoin a scam, replaced by a newfound enthusiasm for decentralized finance. But is th

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Sep 16 2024FINANCE

The Rise of the Crypto Elite: A New Era for Bitcoin Millionaires

The world of cryptocurrency has been abuzz with excitement in recent years, and the latest report from New World Wealth and Henley & Partners has shed new light on the phenomenon. According to the report, the number of bitcoin millionaires has more than doubled in the last year, rising to a staggeri

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Sep 16 2024BUSINESS

The Crypto Billionaire Boom: A Year of Unprecedented Wealth Creation

The past year has been a remarkable one for the world of cryptocurrency, with the population of crypto millionaires growing by a staggering 95%. According to a new report from New World Wealth and Henley & Partners, there are now 172,300 individuals worldwide holding more than $1 million in crypto a

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Sep 16 2024FINANCE

Bitcoin ATM Scams: The Unseen Threat to Older Adults

In recent years, scammers have been exploiting the rise of Bitcoin ATMs to dupe unsuspecting victims out of their hard-earned cash. According to the Federal Trade Commission (FTC), the amount of money lost to these scams has skyrocketed, with over $110 million reported in 2023 alone. What's more, ol

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Sep 16 2024FINANCE

Bitcoin's Bubble Bursts: Why Investors are Fleeing from Crypto ETFs

In the midst of a broader market selloff, investors are pulling their money out of Bitcoin ETFs at an alarming rate. More than $287 million was withdrawn from the 11 U.S.-listed ETFs on Tuesday, the largest outflow in four months, according to Farside Investors data. This sudden exodus raises questi

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