• 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 […]
Month: February 2023
• 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 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 […]
• 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 […]