Stablecoin giant Tether falsified documents that were provided to its banking partners, according to reporting from the Wall Street Journal (WSJ). The company is also reportedly under investigation by...
Tag: Fool
Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams, according to an independent analysis. A joint investigation by media firms ...
PancakeSwap sees whale interest, but the price pump should not fool investors
PancakeSwap remained popular among the whales. However, the metrics and market indicators gave an ambiguous picture. PancakeSwap [CAKE] has remained pretty consistent with its burn process, which ref...
Crypto is Too Dependent on ‘Greater Fool Theory’: Former Fed Chair
Five-term chairman of the Board of Governors of the Fed Reserve System shared views on Crypto, NFT and US economy. FTX contagion would not spread to other sectors. Recession could be the most likely...
Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment – Featured Bitcoin News
Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was ...
Tech layoffs continue but don’t let that fool you, employment remains strong
In a letter to staff on Wednesday, Salesforce, the US software company, announced it was cutting 10% of its workforce. The cut corresponds to close to 8,000 jobs. Salesforce stock rose 3% on the news....
Don’t Let Them Fool You—Here’s Why Bond Funds Are Not Bonds
getty You may have noticed a series of articles appearing throughout the year lamenting the demise of the classic 60/40 asset allocation strategy. This investment philosophy calls for portfolios to be...
Sam Bankman-Fried made a fool of me, too
There is no shortage of people duped by disgraced FTX founder Sam Bankman-Fried. According to bankruptcy filings, FTX has over one million creditors, a staggering number but perhaps unsurprising given...
‘I feel like a fool.’ I’m 65 and recently met a ‘gorgeous’ 70-year-old millionaire who ‘started acting as my financial adviser.’ But he ghosted me, and left me with less than $20 in my account. What’s my move now?
Question: After meeting a nice guy and dating a bit, he started acting as my financial advisor, which I appreciated as I am clueless about this stuff. He’s a millionaire, gorgeous and at 70, five year...
Motley Fool Stock-Pick Hacker Pleads Guilty to $3 Million Fraud
(Bloomberg) — An Idaho man who worked as an information technology professional admitted to making at least $3.5 million by illegally accessing the stock picks of the personal finance website Mo...
Fraudsters Fool Fans With Online Crypto Scam Feed
Cybercriminals managed to scam thousands of Apple fans with a fake cryptocurrency endorsement during the firm’s latest press event, the launch of its iPhone 14. During Apple’s “Far Out” launch event e...
New ‘The Dragon Prince’ Clip Is Designed To Fool Audiences
The Dragon Prince Credit: Wonderstorm When it comes to dragons, few shows do it better than The Dragon Prince. It’s a wonderful animated fantasy on Netflix that I routinely tell everyone I know, both ...
The FED Measures Inflation In Bitcoin Terms, Tries To Fool The General Public
The tables have turned. The FED concedes defeat and acknowledges bitcoin. Of course, they twist both numbers and words to try to make it seem like the dollar is the better money, but we all know what’...
Crypto is Nothing But Greater Fool Theory, Thinks Felipe Medalla
Anurag Batham is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the cryp...
Crypto Investors Are Adherents of the Greater Fool Theory – Emerging Markets Bitcoin News
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued th...
Bill Gates: Crypto and NFTs ‘100% Based on Greater Fool Theory’
Billionaire Microsoft co-founder Bill Gates has dismissed investments in cryptocurrencies and NFTs, arguing that the digital assets market is largely driven by speculation. “As an asset class, it’s 10...
Bill Gates Says NFT Tokens Are 100% Based On Greater Fool Theory.
Bill Gates, the founder of Microsoft, believes that non-fungible tokens (NFTs) are “100% based on greater fool theory.” The theory is that people can make money by buying assets that are overpriced an...
Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’ – Featured Bitcoin News
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images o...
Bill Gates Calls Crypto and NFTs “Greater Fool Theory”
– Advertisement – Bill Gates Calls Crypto and NFTs “Greater Fool Theory” Bill Gates, a Microsoft co-founder, has said that the “greater fool theory” underpins crypto investments such as no...
Bill Gates compares cryptos and NFTs to “greater fool theory”
Microsoft co-founder Bill Gates believes cryptos and NFTs are “greater fool theory” investments, in a sarcastic rant stating “expensive digital images of monkeys would surely improve the world.” Spea...
Bill Gates slams cryptos, NFTs as ‘100% based on greater fool theory’
“You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, +1.40% co-founder Bill Gates delivering his...
Bill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory
The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collec...
Bill Gates says crypto and NFTs are based on ‘greater fool theory’
Bill Gates Gerard Miller | CNBC Bill Gates is not a fan of cryptocurrencies or non-fungible tokens. Speaking at a TechCrunch talk on climate change Tuesday, the billionaire Microsoft co-founder descri...
Why That Tiffany & Co TiffCoin April Fool Was Semi Real, 499 Have Been Minted In 18k Gold
Tiffany’s TiffCoin April Fool TiffCoin actually exists and is on sale for $9,999. Screenshot On April 1, April Fool’s Day, Tiffany & Co staged a very of the moment hoax via its social media ...
Born-again Bitcoiner Dave Portnoy Says You’re A Fool For Not Holding Any BTC
Returning to Bitcoin, Dave Portnoy purchased 29.5 BTC worth around $1.1M. He says anyone not having Bitcoin in their investment portfolio is a fool. In 2020, with the help of the Winklevoss twins, he...
The Anti-Oil Business Is Trying To Fool You Again
GENEVA, SWITZERLAND – JUNE 16 (RUSSIA OUT): Russian President Vladimir Putin (L) greets President of … [+] USA Joe Biden (R) during the US – Russia Summit 2021 at the La Grange Villa...