bitcoin
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Miami Mayor Wants to Take Part of His 401k in Magic Beans
Mayor Diamond Hands strikes again. As Bitcoin endured a price plunge from last month’s high (and plummeting at this writing), Miami’s Francis Suarez confirmed that he’ll take part of his 401k in Bitcoin. On Friday, managing editor Samuel Burke of Real Vision — an alt finance channel that only invites “ the smartest investors and…
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Far-Right Leaders Are Raking In Millions From Bitcoin, New Study Shows
Even hardcore investors will likely admit that the crypto community tends to attract some pretty scummy personalities; cyber-criminals, con-artists, and Elon Musk, for starters. Now, it looks like we can add white supremacists to that list as well; a new study from the Southern Poverty Law Centre probed into the crypto transactions of some of…
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Guy Who Claims He Invented Bitcoin Loses $140 Million in Court, Calls It a Win
After a week of deliberation, a Miami jury has cleared Craig Wright, an Australian computer scientist who claimed to have helped invent Bitcoin, of most claims in a multi-billion dollar lawsuit. The suit was brought by the estate of Wright’s now-deceased friend over the cryptocurrency’s intellectual property rights. But Wright still has to pay up…
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U.S. Senators Demand Answers From People Behind Crypto Stablecoin Tether
The U.S. Senate Committee on Banking, Housing, and Urban sent a letter to so-called “stablecoin” issuer Tether on Tuesday, asking for an explanation of how the company operates and “mints” tethers that can be exchanged for various forms of cryptocurrency like bitcoin. Why does it matter? Because some people believe that not only is Tether…