Author name: Peter

Ricardo Salinas: Bitcoin Protects Against Inflation Tax, Says Mexican Billionaire

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Bitcoin: A Shield Against Inflation Tax Mexican billionaire Ricardo Salinas believes that bitcoin offers a unique solution to safeguard against the detrimental effects of inflation tax. He argues that the decentralized cryptocurrency cannot be debased, making it an effective measure to protect people's savings. Salinas emphasizes that individuals are unknowingly losing their hard-earned money to […]

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FTX Crypto Exchange’s Settlement Plan: A Deep Dive into the Resolution of Customer Asset Disputes

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FTX, a previously operational cryptocurrency exchange, recently disclosed a proposed settlement scheme. This plan is set to address conflicts surrounding customer assets that were lost when the company declared bankruptcy in November 2022. Key Elements of the FTX Debtors' Proposed Settlement Plan The settlement plan laid out by the FTX debtors incorporates priority payments to

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Major Shifts: Solana Marches Towards $30, After a 33% Price Upswing

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In the past week, Solana has undeniably seen some of the most significant gains, with its price escalating by nearly 33% in recent times. This progress happens as the worldwide cryptocurrency market cap predominantly stayed in the green at the weekend's onset. Another significant player was Chainlink, which reached a three-week apex. Solana's (SOL) Progress

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Bitcoin Predicted to Surge to $135,000, Gold Expected to Skyrocket, According to Robert Kiyosaki

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Renowned 'Rich Dad Poor Dad' author, Robert Kiyosaki, anticipates a significant rise in Bitcoin's value, reaching up to $135,000. Additionally, he predicts a substantial increase in the price of gold, potentially reaching $3,700 soon. Conversely, he has expressed concerns about the future of U.S. dollar savers, referring to the currency as "counterfeit money." Kiyosaki's Forecasts

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Hong Kong Regulators Tighten Restrictions on Retail Access to ‘Complex’ Crypto Products

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Hong Kong Updates Regulations for Virtual Asset Service Providers Hong Kong's securities regulator and central banking institution have recently updated the region's crypto policy in response to industry inquiries. The updated policy introduces additional measures to protect retail investors and restrict their access to what regulators deem as "complex products." Background Five years ago, Hong

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Former FTX General Counsel Testifies About Misappropriation of Funds

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FTX's Former General Counsel Shocked by Billions of Dollars in Secret Transfers Can Sun, the former general counsel of FTX, testified in federal court on Thursday, revealing his shock upon discovering that FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions of dollars in customer funds to his hedge fund, Alameda Research. Sun told prosecutors

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SEC Drops Lawsuit Against Ripple Executives, Meme Coin Market Shrinks, and Ray Dalio Speculates on War

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SEC Drops Charges Against Ripple Executives The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated, "The SEC made a serious mistake going after Brad & Chris personally and now, they've capitulated, dismissing all charges against our executives. This

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

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Introduction Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, has announced an exciting partnership with Hummingbot to launch an innovative campaign on KuCoin. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair on the exchange. As part of this collaboration, a total of $15,000 worth of Bitcoin.com's ecosystem token,

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