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Sep 17 2024POLITICS

Will TikTok Survive the Ban: A Battle for Free Speech and National Security?

The TikTok saga continues to unfold as the D.C. Circuit U.S. Court of Appeals heard arguments on the constitutionality of the "sale or ban" law, which aims to ban the popular social media platform in the United States. The law, signed by President Joe Biden in April, has been met with skepticism by

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Sep 16 2024TECHNOLOGY

Grayscale: A New Frontier in Crypto Investments?

Imagine a world where artificial intelligence (AI) and blockchain technology converge to revolutionize the way we live and work. Sounds like science fiction? Not quite. Grayscale Investments is making this vision a reality by introducing two new funds that invest in the native tokens of the Bittenso

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Sep 16 2024BUSINESS

Crypto Trader NovaTech's $650 Million Scheme: A Wolf in Sheep's Clothing?

The Securities and Exchange Commission (SEC) has brought a major case against crypto trader NovaTech and its leadership, alleging a fraudulent scheme that duped over 200,000 investors out of $650 million. But what's striking about this case is not just the sheer scale of the scam, but the way it tar

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Sep 16 2024FINANCE

NovaTech's Cryptocurrency Con: A $650M Fraud Uncovered

The alleged $650 million cryptocurrency fraud perpetrated by NovaTech Ltd. and its co-founders, Cynthia and Eddy Petion, has sent shockwaves through the financial world. The U.S. Securities and Exchange Commission (SEC) has charged the company and its six promoters with fraud, accusing them of orche

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Sep 16 2024BUSINESS

The Crypto Con: $13M in Fraud Exposed

The world of cryptocurrency trading is often shrouded in mystery, with promises of big returns and exclusive deals. But what happens when the promises are empty and the deals are a scam? That's exactly what happened with ezBtc, a cryptocurrency trading platform that defrauded its customers out of $1

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Sep 16 2024BUSINESS

SEC Takes Aim at Abra's Crypto Lending Product: What's at Stake?

The U.S. Securities and Exchange Commission has filed settled charges against Plutus Lending LLC, doing business as Abra, for allegedly failing to register its retail crypto asset lending product, Abra Earn. The SEC charged Abra with violating registration requirements under the Securities Act of 1

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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 2024TECHNOLOGY

Blockchain Bash: How Cryptocurrency is Revolutionizing the Wedding Industry

In the ever-evolving world of weddings, couples are constantly looking for innovative ways to make their special day truly unforgettable. One such trend is the incorporation of crypto and blockchain technology, which is offering a new level of security, personalization, and modernity to the traditio

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Sep 16 2024POLITICS

Will California's Proposition 36 Unwind Progress or Take a Step Backwards?

California is on the cusp of making a decision that will have far-reaching consequences for its criminal justice system. Proposition 36 on the November ballot proposes to unwind Proposition 47, which made some drug and theft crimes misdemeanors instead of felonies ten years ago. But before making an

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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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