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Nebraska Man Sentenced to 1-Year Prison for $3.5M Cryptojacking Scheme


Charles O. Parks III, also known as “CP3O,” was sentenced today in federal court in Brooklyn by U.S. District Judge Eric Komitee to one year and one day in prison for operating a large-scale illegal cryptojacking scheme in which he defrauded two cloud computing providers of over $3.5 million...

EV Startup Faraday Future Launches $10 Billion Crypto Strategy


Faraday Future Intelligent Electric Inc. announced on August 17, 2025, the launch of its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, aiming to integrate artificial intelligence (AI)-driven electric vehicles (EVs) with Web3 technologies and cryptocurrency...

80 CEOs Urge Trump to Block Bank Fees That Could Cripple US Crypto Access


A fierce showdown is brewing as over 80 crypto and fintech leaders demand immediate action to block major banks from throttling consumer data access and crippling digital finance. Trump Pressed by 80 Executives as Banks Move to Block Crypto Account Links Executives from the cryptocurrency...

Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — Kobeissi


In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6...

Eleventh-Hour Move: Trump Extends China Tariff Truce by 90 Days


President Donald Trump inked an executive order late Monday, granting another 90-day reprieve on steep U.S. tariffs targeting Chinese imports, a White House official told CNBC. The decision, according to CNBC’s report, landed just hours before the clock struck midnight, when the duties were...

Warning: Expert Assesses Bitcoin Might Experience an Argentine Split


Samson Mow, CEO of JAN3, explained that bitcoin prices might experience an Argentine split in the future, separating the bitcoin component of the institutional financial system from bitcoin in self-custody. Nonetheless, he believes this won’t pose an existential threat to the currency. JAN3...

US Imposes 39% Tariff on Swiss Gold, Impacting Global Market Dynamics


The United States has implemented a 39% tariff on imports from Switzerland, effective August 7, 2025, significantly impacting the Swiss gold refining industry. This tariff, the highest among developed nations, specifically targets one-kilo and 100-ounce gold bars, which were previously exempt from...

Peter Schiff Warns of Looming US Dollar Collapse With BRICS Poised to Rise


The U.S. dollar is hurtling toward collapse, threatening to obliterate American living standards, economist Peter Schiff warns, as deficits soar, inflation bites, and emerging markets gain unstoppable momentum. US Dollar Collapse Will Impoverish the Vast Majority of Americans, Peter Schiff Warns...

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