Financial Investigations

Suspected Money Laundering Scandal Unveiled in Ongoing FTX Controversy

Dylan LeClaire, a self-proclaimed market analyst, believes that there may be money laundering involved in the ongoing FTX case. According to LeClaire, Alameda, a cryptocurrency company, created 36 billion USDT (Tether) but only redeemed about 4 billion USDT. This stark difference in the numbers has raised suspicions that Alameda might have acted as a conduit […]

Crypto News

Worldcoin to Stop Paying Orb Operators in USDC, Transition to WLD Token Payments

Worldcoin, a digital currency project, recently declared its decision to switch its payment mode for Orb Operators from USD Coin (USDC) to its native Worldcoin (WLD) token. This change is expected to take effect as early as November. Orb Operators, independent participants responsible for scanning people’s irises in exchange for WLD tokens, will be exclusively […]

News

Crypto Frenzy: Bitcoin, Ethereum, and Dogecoin Soar as $65M in Shorts Liquidated in 24 Hours – What’s Next for the Market?

Bitcoin, Ethereum, and Dogecoin saw a remarkable surge recently, with Bitcoin hitting the significant $30,000 mark. Data from CoinGlass revealed over $65 million worth of shorts were liquidated in the past day alone, contributing to a total of $98 million in liquidations. The crypto market cap stands at $1.11 trillion, indicating a 3.29% increase over […]

Regulation

Crypto Advocate Tom Emmer’s Bid for House Speaker Promises a Boost for Digital Assets: Here’s What It Means for the Industry

Crypto-friendly Republican Congressman Tom Emmer is actively seeking the nomination for the Speaker of the House position, receiving endorsements from various lawmakers. The move comes after the interim Speaker, Congressman Patrick McHenry, failed to push significant legislation through the House, including bills related to the crypto sector. Emmer’s pursuit was first brought to light by […]

News

Microsoft’s AI Revolution: Satya Nadella Unveils Ambitious Integration Plans for Every Customer Solution

Microsoft’s CEO, Satya Nadella, recently revealed the company’s ambitious strategy to infuse AI across its entire spectrum of services in his annual letter. Nadella highlighted that AI integration is a crucial step for the future, shaping not just Microsoft’s offerings but the entire business landscape. Nadella emphasized the significant role of AI in reshaping various […]

News

Mysterious Withdrawals Plague Customers at Prominent US Bank, Plunging Some Accounts Into Negative Balances

Customers at one of the largest American banks are reportedly witnessing unexpected withdrawals impacting their accounts. Reports of unauthorized withdrawals at Wells Fargo, labeled as “debit card pending correction,” began circulating on social media about a week ago. According to the CBS-affiliated news station WNCT, these unexplained charges have ranged from a few dollars to […]