Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader.
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Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users
The widow of QuadrigaCX founder Gerald Cotten, Jennifer Robertson, is handing over $9 million in assets to the users of the now-defunct crypto exchange.Robertson returns most of her assetsOn Oct. 7, Jennifer Robertson announced in a personal statement, posted by Coindesk, that she would be transferring the vast majority of estate assets — previously valued around $9 million —…
Portfolio rebalancing through DeFi must be simplified to see adoption
Central banks and key leaders are increasingly raising further alarms for rising inflation, causing spirals of doubt across the world. Just recently, United States Treasury Secretary Janet Yellen called for Congress to either raise or suspend the U.S. debt ceiling, stating that the government will run out of money to pay its bills by October.What seems…
YouTube Crypto-Related Content Not Fully Restored, YouTubers Say “Nothing Has Changed”
On December 26, YouTube released a statement saying the platform had mistakenly removed hundreds of crypto-related videos this week.However, many of the YouTubers affected by the ban still have not had their videos restored on the site.YouTuber Ivan on Tech told Cointelegraph on December 26th:“Nothing has changed. YouTube said this was a mistake yesterday too.…
Bitcoin shorts worth $1.4B at risks of liquidation if BTC price hits $74.3K
The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and the positive influx into spot BTC ETFs
CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off
The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks…
Bitcoin may ‘take out’ previous $53K lows before bulls regain control, says trader
A night of losses pressures bulls as liquidations mount up and $46,000 support looms large. 5537 Total views 25 Total shares Bitcoin (BTC) dropped to its lowest in two weeks on March 23 amid fears that bulls were running out of appetite to buy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price bounces at $53,000Data from…
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. 2047 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of…
IPOs Are ‘Really Not Worth It’ Says Tim Draper
Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms.The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups.Draper’s thoughts on IPOsDuring the Unitize panel, Draper highlighted that…