My mom spent $90K on bitcoin and gifts in a romance scam. Can the tax code help her?

My mom went into debt to buy bitcoin for a scammer because she thought she was in a romantic relationship with him. She also racked up credit-card debt to mail computers and gift cards to the scammer....

Crypto Casino Launch – LBLOCK Is The One To Watch in 2023

Join Our Telegram channel to stay up to date on breaking news coverage Lucky Block emerged as one of the leading cryptocurrency presales in late 2021 and soon took the crypto space by storm with its N...

Elon Musk To Join a Dogecoin Community Space

– Advertisement – DOGE may be set for a bullish Christmas as the DogeFather is set to join a community Twitter space.   Elon Musk has indicated an interest in joining a Dogecoin community ...

Bitcoin Drops Under Crucial Support, Crypto Loses $50 Billion

The broader cryptocurrency market has come under strong selling pressure correcting by 6% in the last 24 hours and losing $50 billion. Bitcoin (BTC) has also tanked by 4.5% and has slipped under its c...

Pay For Play Is Alive In College Sports And Its Time To Realize That Free Agency Has Arrived

A few days ago, a report came out of Ohio State University (OSU) that they lost a 5 star recruit to #1 ranked Georgia because OSU only offered the recruit $750K as compared to Georgia’s $1.8M. ATHENS,...

Democrats to reportedly return over $1M of SBF’s funding to FTX victims

Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic groups have reportedly decided to return over $1 million to investors that lost their funds due to misappropr...

“Audit Is Meaningless”- Michael Burry On Binance And FTX

On Friday, December 16, auditing firm Mazars Group – which submitted the Proof-of-Reserves report for Binance – suspended all ties with crypto firms. The Mazars Group said that they paused the activit...

Shorting Uniswap [UNI] in 2023? Well, as per metrics, you might be…

The daily active users on Uniswap declined, along with UNI’s NFT transaction volume. The revenue generated by Uniswap also declined, while whales continued to show interest. New data from Santiment su...

Brazil Could Launch Its Defi-Integrated Digital Real in 2024 – News Bitcoin News

Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also r...

Toncoin is the 10x Coin Defying the Odds in a Crypto Bear Market

Join Our Telegram channel to stay up to date on breaking news coverage As a result of the current market downturn, the majority of coins in the top 100 list (based on market capitalization) are in the...

Binance’s BNB Token Under Selling PressureWith Mazars’ Exit

BNB, the native cryptocurrency of crypto exchange Binance has tanked 12.5% in the last 24 hours as news arrived that Binance’s auditing partner Mazars Group has suspended ties. The BNB crypto is curre...

Opinion: This is the only stock market prediction for 2023 that you need to know

When you hear or read about an investing expert’s outlook for the year ahead, bear one thing in mind: Every forecast about 2022 was wrong. Not just a bit amiss, but complete, total busts. Oh, some str...

Today’s Wordle #546 Hints, Clues And Answer For Saturday, December 17th

How to solve today’s Wordle. AFP via Getty Images It’s Christmas break at last! The kids have been so excited about it, and I’m excited because I can sleep in a bit extra and not have to spend m...

What happens to Bitcoin if Binance goes down?

After the spectacular collapse of the U.S. cryptocurrency exchange FTX, investor confidence in the cryptocurrency ecosystem is very low. Hence, the ongoing media reports and social media rumors about ...

Winners, News And Notes On December 16, 2022

Roman Reigns returns to SmackDown in Chicago. Credit: WWE.com John Cena will return to SmackDown in two weeks to team with Kevin Owens against Sami Zayn and Roman Reigns. Cena made it official during ...

Bank of Russia Warns on Wartime Labor Shortages, Holds Rates

(Bloomberg) — Russia’s central bank delivered its strongest warning yet that the Kremlin’s call-up of men to fight in Ukraine is leaving the economy deprived of workers and could put pressure on...

Bitcoin, Ethereum, Tron, and Litecoin Daily Price Analyses – 16 December Roundup

The global crypto market has witnessed a negative change in performance. The recent data for Bitcoin, Ethereum, and others shows that there has been no positive change. Instead, they have continued to...

Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan

Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...

Bitfarms makes $3.6m by selling property in Canada

Bitfarms, a global bitcoin self-mining corporation, has received $3.6 million in net proceeds following the sale of its property in Canada.  According to a press release, Bitfarms Société de transport...

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’ – Coinotizia

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a...

The Fed Is Making a Mistake—and the Stock Market Will Pay the Price

We all make mistakes—but the Federal Reserve may be making a bigger one than most. That could mean another difficult year for the stock market in 2023. Those concerns were front and center this past w...

The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses

FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million ind...

Cardano (ADA) to Launch Djed, Here’s What You Should Know About Algorithmic Stablecoin

Contents Could Djed collapse like Terra’s stablecoin? How may Djed impact Cardano’s price? One of the biggest expectations for Cardano (ADA) investors is the arrival of stablecoins on the ...

Trump’s NFTs criticized by his former key strategist

Donald Trump’s latest NFT collection faces criticism from the former key strategist Steve Bannon over poor work, saying the creators “oughta be fired.” Bannon expressed his disappointment Steve Bannon...

Crypto Market Review, Dec. 16

Arman Shirinyan Coin endorsed by SBF is back in uptrend, but you certainly should not celebrate it too much Contents Solana’s uptrend is in danger Shiba Inu’s transaction count plummets Th...

Binance, Alone at the Top After FTX, Stirs ‘Too Big to Fail’ Crypto Worry

(Bloomberg) — Now that Sam Bankman-Fried’s fall from grace is complete, uneasiness is growing around the dominance that his rival Changpeng Zhao’s Binance holds in the cryptocurrency market. Mos...

Solana’s protocol Raydium exploited, loses $2m

Raydium discovers a major exploit in its liquidity pool and loses at least $2 million, while users are urgently requesting withdrawals. Raydium, the decentralized Solana-based protocol, announced on D...

Netflix Falling Short On Ad-Supported Service

Photo by Chesnot/Getty Images. Getty Images After a November 2022 launch of Netflix’sNFLX $6.99/month “Basic With Ads Tier,” subscriber growth is much weaker than expected and some are complaining tha...

Bank Of International Settlements Now Allows Banks To Hold 2% In Crypto

The Bank for International Settlements (BIS) has recently released its Prudential Treatment of Cryptoasset exposure report for December 2022. And as per the official statement, they have introduced a ...

Riot Games looks to distance itself from Sam Bankman-Fried

He’s been kicked out of the “League.”  The maker of Sam Bankman-Fried’s favorite game, League of Legends, wants out of its exclusive sponsorship agreement with the disgra...

Argentina’s province to issue US dollar-pegged stablecoin

The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the “Activo Digital San Luis de Aho...