29 / 320 Relevant items tagged with #Crypto

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SEC Flags Risks in Crypto and Emerging Tech Investment Scams

[Oct 7 11:30 PM] The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial…

Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar

[Oct 7 10:30 PM] Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto…

Analyst Foresees 90% Cardano Price Drop in Next 6 Months

[Oct 7 3:30 PM] Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people…

Starknet: Long Positions Liquidated Lead To 16% Losses

[Oct 7 6:00 AM] Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24…

Crypto Fraud Ring Dismantled by Vietnamese Authorities

[Oct 7 2:30 AM] Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong…

UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

[Oct 7 1:30 AM] The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must…

AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation

[Oct 6 4:30 AM] AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity…