Cryptocurrencies

Fallen Crypto Billionaire's Wild Admission in New Interview

Fallen Crypto Billionaire’s Wild Admission in New Interview

If there were any doubts about Sam Bankman-Fried’s strategic thinking – assuming the bankruptcy filing could be ignored, the odd tweetand the billions of dollars in missing client assets – those doubts were surely evaporated after midnight Wednesday, when the fallen billionaire opted to DM with a Vox reporter to discuss his beleaguered crypto exchange …

Fallen Crypto Billionaire’s Wild Admission in New Interview Read More »

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

A screenshot of the FTX ad featuring comedian Larry David that ran during the Super Bowl in February 2022.Screenshot: FTX/YouTube The Department of Justice and the Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the the wall street journal. And while the …

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges Read More »

Gold Price Soars On Short Cover, Bargain Hunting, Crypto Rumors

Gold Price Soars On Short Cover, Bargain Hunting, Crypto Rumors

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here! (Kitco News) – Gold and silver prices are up sharply, with gold hitting a four-week high and trading above $1,700.00 by late morning in the …

Gold Price Soars On Short Cover, Bargain Hunting, Crypto Rumors Read More »

Gold-backed digital currency is 'almost a certainty' and can transform monetary policy - Deven Soni

Gold-backed digital currency is ‘almost a certainty’ and can transform monetary policy – Deven Soni

(Kitco News) – As the U.S. dollar appreciates against other currencies, limiting countries’ ability to set independent monetary policy, gold-backed digital currencies are likely to be embraced, Deven said. Soni, CEO of Matador Gold Technologies. “The rise of the dollar…has hampered the ability of other countries to set their own monetary policy,” he said. “Whether …

Gold-backed digital currency is ‘almost a certainty’ and can transform monetary policy – Deven Soni Read More »