Matt Novak
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Mysterious Attacks on North Carolina Energy Grid Cut Power to Thousands
Government officials in Moore County, North Carolina declared a state of emergency and imposed a curfew from 9 p.m. Sunday night to 5 a.m. Monday morning after two shooting attacks on power substations knocked out power for thousands of people. And while some on Twitter speculated the attacks may have been tied to a drag…
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FTX’s Sam Bankman-Fried Says He Made Secret Donations to Republicans
Sam Bankman-Fried, the founder of FTX, says he donated equally to both Democratic and Republican politicians before his cryptocurrency platform filed for bankruptcy earlier this month, wiping out billions of dollars in customer deposits. And that fact is going to come as a real shock to right-wing political operatives on Fox News who’ve tried to…
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Bitcoin Price Slides to Two-Year Low as Fears Persist Over FTX Contagion
The price of Bitcoin slid to just $US15,680 ($21,767) on Tuesday morning, the lowest level in over two years for the cryptocurrency. And most people expect the price to continue to fall substantially as traders worry the fallout from the implosion of FTX, once the second largest crypto platform in the world, could have more…
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El Salvador Plans to Buy More Bitcoin Every Day Despite Losing Millions Already
Nayib Bukele, the president of El Salvador, announced late Wednesday that his government plans to buy one Bitcoin every day starting on Thursday. And while Bukele hasn’t said when the purchases will stop, it will likely prove a shockingly dumb decision, based on the massive loss he’s already taken by buying bitcoin at an all-time-high…