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Wednesday, January 12, 2022 14:25:41 UTC

Kim Kardashian, Floyd Mayweather Jr., and others are being sued for allegedly guiding investors into a cryptocurrency "pump and dump" scheme.

According to the class-action complaint filed last Friday in the United States District Court for the Central District of California, the celebrities and other defendants are accused of making "false or misleading statements to investors about EthereumMax through social media advertisements and other promotional activities." Defendants include the company's co-founders and others, in addition to the three celebrities.

EthereumMax is described as a "speculative digital token produced by a secretive group of cryptocurrency engineers," according to the complaint. According to the report, celebrities advised their millions of social media followers to acquire cryptocurrencies and then sell when the price rose.(More)

@kimkardashian @kimkardashian

#coin #sq #mara #kimkardashian #coinbase #crypto #bitcoin #ethereummax #floydmayweather

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Friday, January 07, 2022 10:50:56 UTC

According to Goldman Sachs, Bitcoin has the potential to exceed the $100,000. This prediction comes as Bitcoin tumbles to $41,115 USD.

Goldman said this high in the future years could happen if investors increasingly perceive the top cryptocurrency as a store of value.

Bitcoin, according to Goldman Sachs, accounts for roughly 20% of the "store of value" market, which generally refers to assets like gold that hold their value without considerable depreciation.(More)

BITCOIN DUMPS TO $41K

Friday, January 07, 2022 10:50:56 UTC

According to Goldman Sachs, Bitcoin has the potential to exceed the $100,000. This prediction comes as Bitcoin tumbles to $41,115 USD.

Goldman said this high in the future years could happen if investors increasingly perceive the top cryptocurrency as a store of value.

Bitcoin, according to Goldman Sachs, accounts for roughly 20% of the "store of value" market, which generally refers to assets like gold that hold their value without considerable depreciation.

#coin #sq #pypl #mara #coinbaseglobalinc #coinbase #crypto #bitcoin #robinhood


Wednesday, December 08, 2021 13:23:04 UTC

Amazon Web Services (AWS) experienced it's most damaging crash since it's inception yesterday. Vans stopped. Drivers went home. Holiday packages piled up.

The AWS outage occurred during the holiday shopping rush. The package delivery chain was crippled, however, that was just the beginning. Large portions of the Internet also stalled. Disneyland visitors worldwide had trouble checking in. Robinhood and Coinbase crashed. Netflix and Disney+ were down. Even Tinder was alone.

Services went down around 10:45AM ET, and just after 6PM ET the AWS Status showed "Many services have already recovered, however we are working towards full recovery across services."(More)

AMAZON WEB SERVICES CRASH AFTERMATH

Wednesday, December 08, 2021 13:23:04 UTC

Amazon Web Services (AWS) experienced it's most damaging crash since it's inception yesterday. Vans stopped. Drivers went home. Holiday packages piled up.

The AWS outage occurred during the holiday shopping rush. The package delivery chain was crippled, however, that was just the beginning. Large portions of the Internet also stalled. Disneyland visitors worldwide had trouble checking in. Robinhood and Coinbase crashed. Netflix and Disney+ were down. Even Tinder was alone.

Services went down around 10:45AM ET, and just after 6PM ET the AWS Status showed "Many services have already recovered, however we are working towards full recovery across services."

#amazon #aws #outage #amazonwebservices #coinbase


CRYPTO EXCH TO REFUND $1.1 BILLION

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Gemini will return $1.1 billion to customers who invested in its defunct loan program.

#coin #sq #pypl


CRYPTO EXCH TO REFUND $1.1 BILLION

N/A

Gemini will return $1.1 billion to customers who invested in its defunct loan program.

#coin #sq #pypl #mara #coinbaseglobalinc #coinbase #crypto #bitcoin #ethereummax #gemini