Month: January 2023

Floki Inu Soars 25% After Proposal to Reduce Token Supply

• Floki Inu, a meme coin birthed by fans and the SHIB community, has seen tremendous performance over the past few hours after its governing DAO issued an important developmental proposal. • The proposal aimed to burn an enormous number of its circulating tokens and reduce the tax that users pay for transacting on the […]

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Crypto Winter Thaws Despite Dimon’s Dismissal of Bitcoin’s Worth

• Despite the prolonged crypto winter, the price of Bitcoin has been inching upward over the past few weeks. • JPMorgan Chase CEO Jamie Dimon has maintained an antagonistic stance against Bitcoin since 2017. • Last week at the World Economic Forum in Davos, Switzerland, Dimon dismissed cryptocurrencies as having no real worth. Cryptocurrencies have […]

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US Seizes $700 Million in Assets from FTX Co-Founder

• Federal authorities have seized $150 million in assets related to FTX co-founder and former CEO Sam Bankman-Fried, including Robinhood stock. • Stocks, cash, and other assets totaling almost $700 million have now been seized by U.S. officials in connection with the ongoing probe. • Current FTX CEO John Ray is attempting to recover the […]

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