LND topic: crypto page 159

crypto

Crypto CEO Vanishes Before Trial, Leaving Investors High and Dry

October 11, 2024

A cryptocurrency CEO, Horst Jicha, has vanished just before his trial in Brooklyn Federal Court. He was accused of stealing $150 million from investors. Jicha, a German citizen, ran a European company called USI Tech. This company promised investors a daily return of 1% on their bitcoin investments

politics

Surprise in Crypto World: Justin Sun Becomes Prime Minister of Liberland

October 11, 2024

Imagine the cryptocurrency world colliding with politics. That's what just happened in Liberland, a tiny micronation located between Croatia and Serbia. This digital currency entrepreneur, Justin Sun, has made quite a splash in this real-world political drama. You might know him as the founder of th

business

Ripple Rolls Out Crypto Storage for Banks

October 10, 2024

Ripple, the company known for its XRP cryptocurrency and RippleNet platform, has just launched new services aimed at helping banks and financial firms store digital assets. This move is part of Ripple's strategy to branch out from its main payment settlement business. The new services, now under the

business

FTX Gets Court Nod to Repay Customers

October 8, 2024

FTX has officially received the green light from a bankruptcy court to start repaying its customers. The plan, approved on Monday, is set to use up to $16.5 billion in assets that the company managed to recover after its collapse. The court praised FTX for handling the complex bankruptcy process eff

politics

Former SEC Commissioner Eyed for Top Job Under Trump

October 8, 2024

You might be surprised to know who's in the running to replace the current head of the Securities and Exchange Commission (SEC). Dan Gallagher, who works at Robinhood, is said to be a top pick if Donald Trump wins the presidency. Gallagher was once an SEC commissioner himself. Some people close to t

business

Crypto Exchange FTX: A Big Payback Is on the Way

October 8, 2024

After FTX crumbled in late 2022, many thought their money was gone forever. But recently, a court gave the thumbs-up on a whopping $14 billion U.S. dollars payback plan. This means creditors (people who lent money to FTX) are in for a nice surprise. They'll get all their money back—plus some extra! ...

sports

A MMA Star, a Crypto Flop: Khamzat Chimaev's Troubles Return

October 8, 2024

In the world of MMA, Khamzat Chimaev's name is back in the news, but not for his fighting skills. Earlier this year, the undefeated Chechen fighter got mixed up in a crypto mess. He urged his fans to invest in a token called SMASH meme coin, assuring them it was a safe bet. But soon after, the coin'

business

A Big Shift: Nvidia’s Finance Head Joins a Startup

October 7, 2024

Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr

crypto

Watch Out for Fake Lawyers After Crypto Scams

October 7, 2024

Cryptocurrencies have been a big thing since Bitcoin came on the scene in 2009. Now, there are over 20,000 cryptos out there. But with this growth comes trouble – crypto scams are on the rise. The FBI says these scams went up by more than 50% between 2022 and 2023, reaching almost $4 billion in loss

technology

Crypto Firms Find New Life in AI Deals

October 7, 2024

In an unexpected twist, crypto companies are now attracting lots of attention from the deal-making world. The reason? Artificial Intelligence (AI). Bitcoin mining companies have massive data centers with plenty of power and fast internet connections, which are perfect for running complex AI operatio