News list for " self-proclaimed"
A French user who identified himself as Théo, a former US banker who bets on multiple accounts, has bet more than $30 million on the Polymarket platform to support Mr. Trump's 2024 election, saying the move was "apolitical" and purely for profit. If Mr. Trump wins, he will earn more than $80 million; if Harris wins, he will lose most of his money. The investment is almost all of his current assets.
Praxis, a project that claims to be the world's first "cyber nation," announced on Tuesday that it has received $525 million in funding to build a tech frontier city to support the development of crypto, artificial intelligence, energy and biotechnology. According to the announcement, the fundraising participants include Arch Lending, GEM Digital, Manifold Trading, etc. New angel investors include Dan Romero (CEO of Farcaster), Tom Schmidt (General Partner of Dragonfly), Rob Hadick (General Part...
The GOAT Network, which claims to be the "first Bitcoin Layer 2 with shared network ownership," has released its economic model. According to the team: "The briefing outlines the GOAT Network's economic model, revealing how its BTC Layer 2 addresses challenges in terms of security and limited BTC revenue, and leverages a decentralized sorter framework with shared rewards to generate sustainable BTC gains in BTC numeraire for BTC holders." GOAT Network said: "GOAT Network uses decentralized sorte...
On July 30th, Bill Zanker, the founder of The Learning Annex and a self-proclaimed long-time friend of former US President Donald Trump, revealed in an interview that Trump has been interested in cryptocurrencies for the past two years. Zanker explained that he first proposed the idea of issuing an NFT to Trump two years ago, but Trump was hesitant at first. It was not until December 2022 that Zanker proposed the idea again that Trump agreed. This inspires...
Nigerian police have confirmed the arrest of self-proclaimed cryptocurrency billionaire Linus Williams, also known as Blord. Williams faces charges related to cyber fraud, terrorist financing and breaches of the Central Bank of Nigeria (CBN) Act. A police spokesperson said some of Williams' charges involved fraudulent activities using cryptocurrencies. Specifically, he ran a trading platform that used naira to buy stablecoins USDT and bitcoin, which violated the country's laws.
Market News: Self-proclaimed Bitcoin creator Craig Wright has been handed over to UK prosecutors on suspicion of perjury. Previously, the British High Court has approved the issuance of a global freezing order (WFO) against Craig Wright, freezing the amount of 1.548 million pounds (about 1.98 million US dollars).
Sun Yuchen posted on the X platform claiming that "low-end version of Musk" intends to consider acquiring Weibo. He said that Weibo's current market value is indeed not high, 2 billion US dollars, and it earns 300 million US dollars a year. The price-to-earnings ratio is only 6 times, and the moat is OK. The traffic is very large. In the future, this can also incubate other businesses. At the same time, he asked the community how to acquire and prosper and build together.
Former President Donald Trump, a self-proclaimed pro-crypto candidate, plans to end the "anti-crypto movement" within an hour of taking office, but his team has remained silent on specific policies. Current SEC Chairperson Gary Gensler is in office until 2026, and Trump cannot immediately remove him. The president can only fire SEC commissioners for "inefficiency, negligence, or malfeasance." Incumbent President Joe Biden has nominated Caroline Crenshaw for re-election as SEC commissioner, and t...
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