Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin
Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris Harris, Ball spoke in a video call where he also offered investment tips. Explaining current sources of investor concern, Ball says the global...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. During the last two months, news.Bitcoin.com has written a few comprehensive articles that explain how the Ethereum...
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’ in Black Panther Senegalese-American star and philanthropist Akon has updated the progress of Akon City, a $6 billion cryptocurrency-run...
Texas Man Faces $2.1 Million Damages Claim for Selling Pirate Boxes on Facebook
ABS-CBN is the largest media and entertainment company in the Philippines, but it’s very active in US courts as well. In recent years the company has singled out dozens of streaming sites and services that offer access to ‘Pinoy’ content without permission, demanding substantial damages. The defendants are often ‘John Doe’ site operators. However, last year ABS-CBN identified a very specific target; a...
OMI IN A HELLCAT: FBI Collecting Terabytes of Piracy Evidence From Foreign Countries
Last November, Bill Omar Carrasquillo, better known by his online handle ‘OMI IN A HELLCAT’, revealed that he’d been subjected to a massive raid by the FBI. Some of his followers, who had admired his pirate IPTV service Gears Reloaded and his extraordinary fleet of luxury cars, doubted the claims were real and were actually some kind of publicity stunt. As time passed and evidence built, however, the possibility that...
