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AirBit Club Execs Plead Guilty to $100M Cryptocurrency ‘Ponzi’ Fraud.
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#cryptocurrency
#fraud
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Outlier Ventures and Singularity Finance Launch RWA Base Camp Accelerator for Tokenization Startups. Outlier Ventures and Singularity Finance have launched the RWA Base Camp Accelerator, a 12-week program supporting startups innovating in the tokenization of real-world assets. The partnership aims to bridge the gap between traditional finance and the decentralized ecosystem. Each startup in the cohort will receive $100,000 in funding to develop their tokenization solutions. The accelerator provides workshops, mentorship, and one-on-one guidance from experts at Outlier Ventures and Singularity Finance. The collaboration reflects the growing importance of tokenized real-world assets, which can increase liquidity and democratize investment opportunities. Outlier Ventures' Web3 expertise and Singularity Finance's focus on AI-blockchain integration make them well-positioned to support the RWA ecosystem. The program will culminate in a virtual demo day in January 2025, showcasing the startups' progress and innovations. This initiative underscores Outlier Ventures' and Singularity Finance's commitment to fostering Web3 and AI-driven solutions. #SingularityFi #SingularityFinance #RWA
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Bitcoin price hits $90,000. 🚀 BTC’s new all-time high reflects not only Bitcoin’s growth but also the maturing of the entire crypto ecosystem and its global acceptance. Starting at just a few cents in the 2010s, this journey has proven the place of digital assets in the financial system. Moreover, BTC’s success will provide strong momentum for DeFi, NFTs, and other blockchain applications. Now, the next target is $100,000! 🚀 #WillBTCBreak100KSoon #cryptomarketcapATH #BTCBreaks89k #BTCATH #BTCBreaks90K $BTC
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The Curious Case of Sam Bankman-Fried's "Bribery Wallet" The U.S. Department of Justice has seized cryptocurrencies from a Binance account linked to former FTX CEO Sam Bankman-Fried, alleging these assets were part of a bribery scheme targeting Chinese officials. In 2021, Bankman-Fried reportedly tried to unfreeze nearly $1 billion in assets on Chinese exchanges, allegedly funneling funds through Alameda Research to "clean" them before transferring them to Binance. This wallet, containing assets like Solana and Cardano, has grown from $8.6 million to an estimated $17.9 million. FTX’s downfall in 2022 and Bankman-Fried’s 2023 fraud conviction, which led to a 25-year prison sentence, have shaken the crypto world, underscoring the need for transparency and stronger regulations in digital finance. #SamBankman-Fried #ftx #ftt #AlamedaResearch $FTT
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Introducing an innovative tokenomics model where 100% of the revenue from an active GEN2AI business is used for buybacks, supporting the value of $GEN2. This approach bridges Web2 and Web3, with all app-generated revenue reinvested to boost the $GEN2 token’s strength. #GEN2AI #AI #WEB3
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Top 5 cryptocurrencies that increased in the last 7 days. ⚡🚀🔥 1. #CRONOS Market Cap: $4.33 B Rank: 25 Price: $0.1626 Change: 96.79% 2. #Dogecoin $DOGE Market Cap: $54.18 B Rank: 6 Price: $0.3693 Change: ▲ 81.89% 3. #HamsterKombat $HMSTR Market Cap: $259.88 M Rank: 191 Price: $0.004026 Change: ▲ 55.71% 4. #BONK $BONK Market Cap: $2.51 B Rank: 39 Price: $0.00003345 Change: ▲ 52.16% 5. #Cardano Market Cap: $18.90 B Rank: 9 Price: $0.5394 Change: ▲ 50.52%
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