FTX Fraud: Sam Bankman-Fried Enters Not Guilty Plea, Trial Set For October 2023
Founder of bankrupt crypto exchanger FTX, Sam Bankman-Fried, pleaded not guilty in federal court in New York on Tuesday to allegations of fraud, conspiracy, campaign finance law violations, and money laundering. This contrasts to former Alameda Research CEO Caroline Ellison and former FTX CTO Zixiao (Gary) Wang pleading guilty for their roles in a multiyear […]
Coffeezilla vs. Logan Paul & CryptoZoo, Explained
Arguably, 2022 was the most challenging year for the crypto space, marked by a continuing crash in prices, firms falling into bankruptcies, and big names being figured into scams and frauds. The new year, however, isn’t promising to be the new leaf everybody’s hoping it would be. A fresh feud brewing with a non-fungible token […]
E3 Lithium Reports Concentrations Of 74 mg/L In Second Well At Clearwater Project
E3 Lithium (TSXV: ETL) this morning issued the results of sampling conducted on a second well at the Leduc Reservoir, under the firms Clearwater project. The results follow initial data released back in November for the first well at the project. The second well reportedly saw concentrations of 74 mg/L of lithium, which came in […]
Aurora Cannabis Sells Polaris Facility For $15 Million, After Spending $50 Million To Develop It
Aurora Cannabis (TSX: ACB) has finalized the losses on its Aurora Sky facility in Edmonton, revealing this morning that it has finally sold the facility, sixteen months after it announced the closure of the operation. The facility has reportedly been sold for $15 million, crystallizing the major loss that the company has taken on the […]
Canada Nickel Delays Release Of Feasibility Study Until Q2 2023
Canada Nickel Company (TSXV: CNC) this morning delayed the scheduled release of its feasibility study for its flagship Crawford Project, found in Timmins, Ontario. The feasibility study, originally slated to be released by the end of Calendar 2022, is now to be released sometime in the second quarter of 2023. The delay is being made […]
Microsoft Partners with OpenAI for ChatGPT-Powered Version of Bing
Microsoft Corp (NASDAQ: MSFT) is stepping up to challenge Alphabet’s (NASDAQ: GOOGL) Google. The company is currently working with OpenAI to launch a ChatGPT-powered version of its search engine Bing, according to a report by The Information. ChatGPT is a “human-like” AI language model. The chatbot software, fed a massive dataset of human conversations, can […]
‘My Reputation Is Not For Sale’ Says Anthony Pompliano, As He Scraps All Crypto Advertising On Podcasts, YouTube Videos
Anthony Pompliano, the self-proclaimed entrepreneur and crypto cheerleader who has made millions of dollars by pumping crypto businesses such as FTX and BlockFi on his Youtube and social media accounts, is sheepishly pulling back the reins on advertising, because his “reputation is not for sale.” Although we can certainly contend whether he even had a […]
Fighting ESG with ESG? Switzerland Wants Tighter Immigration Policies to Spurr Economic Growth, Fight Climate Change
This weekend, Switzerland will be holding a national referendum that would limit its national population to 10 million residents by introducing a series of stringent immigration policies. The referendum comes after Switzerland experienced a significant influx of immigrants in recent years, with Swiss government reports showing that foreign nationals make up nearly one-third of the […]
Who Is The Next To Leave The EU? Online Sportsbooks Take The Bet
When Britain voted to exit the European Union (EU) in 2016 after almost five decades of membership, it was expected to be the first of a number of exits. Almost seven years since the vote and three since Britain finally left, the post-Brexit EU remains intact, and will likely be so in the near future, […]
Silvergate Insiders Reaped $100 Million From Stock Sales
Silvergate Capital Corporation (NYSE: SI), the once high-flying crypto bank that at one point had a market capitalization of almost $6.0 billion, is now active in the news due to its relationship with a number of crypto scandals including the blowup at FTX. The stock has since been under pressure from short-sellers like Marc Cohodes, […]