This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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Kim Kardashian's lawyers have filed a joint motion to dismiss a class-action lawsuit against her alleging she was promoting the EthereumMax pump and dump scheme. Her lawyers claim that users whom purchased those tokens never viewed her Instagram shill posts for it, nor was she compensated for it either. In addition to her, 8 other Americans in the suit, including Floyd Mayweather, have also filed motions to dismiss the lawsuit as well.
It's understandable that these celebs/business people got caught up in all the hype during the last bull run, but they have to take some responsibility for their actions, especially if someone was duped to their shilling of this token. On the other hand, if you invested in EthereumMax without doing your proper research...
Written by: nikethereum.eth / Medium / Mirror
Kim Kardashian's lawyers have filed a joint motion to dismiss a class-action lawsuit against her alleging she was promoting the EthereumMax pump and dump scheme. Her lawyers claim that users whom purchased those tokens never viewed her Instagram shill posts for it, nor was she compensated for it either. In addition to her, 8 other Americans in the suit, including Floyd Mayweather, have also filed motions to dismiss the lawsuit as well.
It's understandable that these celebs/business people got caught up in all the hype during the last bull run, but they have to take some responsibility for their actions, especially if someone was duped to their shilling of this token. On the other hand, if you invested in EthereumMax without doing your proper research...
Written by: nikethereum.eth / Medium / Mirror
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