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Sacks’ VC firm sold $200M+ in crypto, stocks before White House role


A White House memorandum revealed that David Sacks and his venture capital firm sold more than $200 million in cryptocurrency and crypto-related stocks before he assumed his role as the White House AI and crypto czar.“You and Craft Ventures have divested over $200 million of positions related...

Sacks’ VC firm sold $200M+ in crypto, stocks before White House role


A White House memorandum revealed that David Sacks and his venture capital firm sold more than $200 million in cryptocurrency and crypto-related stocks before he assumed his role as the White House AI and crypto czar.“You and Craft Ventures have divested over $200 million of positions related...

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse


Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven.Once valued at over...

Kraken Exchange: A Secure and Reliable Crypto Trading Platform


Kraken, established in 2011, is a prominent cryptocurrency exchange recognized for its robust security measures, extensive selection of digital assets, […] The post Kraken Exchange: A Secure and Reliable Crypto Trading Platform appeared first on

Congress Torches IRS Crypto Rules in Major Win for Digital Assets


Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives...

Investors flee from risk assets as JPMorgan ups recession odds to 40%


Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning...

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