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US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular

U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way…

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Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year

Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July…

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Soneva’s Luxury Resorts Now Accept Crypto Payments

Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our…

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‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash

Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and…

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Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator

Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing.…

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Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that…

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World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients

The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some…

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Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through

Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close…

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Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots

Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that…

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Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms

Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through…

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