Month: February 2023

Beware of BingChatGPT Pump and Dump Tokens: PeckShield Warns

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• PeckShield, a blockchain security company, has issued a warning about the rise of pump and dump tokens on BingChatGPT. • Mischievous groups are using these tokens to deceive people into buying them at a high price and then dumping them, causing their value to plummet. • PeckShield recommends that investors be extra cautious when […]

Peter Schiff Says Bitcoin Has No Value: What Does That Mean?

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• Peter Schiff, in an interview with Anthony Pompliano, said that bitcoin has no value. • He believes that due to the lack of physical presence of bitcoin, there is no difference in utility between one satoshi and all the bitcoins in existence. • According to Schiff, dark economic times are ahead and people will […]

FTX Bankruptcy Hearing: DOJ Calls for Independent Investigation

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• FTX was brought before a bankruptcy court in Delaware to decide whether or not to open an independent investigation. • The US Trustee argued in favor of an investigation on allegations of fraud, misconduct, and mismanagement. • FTX argued that an external investigation is a waste of money and poses a risk to the […]

Senate Investigates Silvergate Capital Over FTX Scandal

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• Senators and House members held hearings to investigate Silvergate Capital, the parent organization of Silvergate Bank, about its connections to FTX. • Senators John Kennedy, Roger Marshall, and Elizabeth Warren wrote a letter to Silvergate demanding information about the demise of the crypto exchange FTX. • Silvergate was given until Feb. 13 to respond […]