Tag: Crypto

Peter Schiff Calls Strategy’s Preferred Stock ‘Most Obvious’ Ponzi Scheme Because The Michael Saylor-Led Company Is ‘Open’ About It

Renowned investor Peter Schiff on Sunday doubled down on his statement about Strategy Inc.‘s (NASDAQ:MSTR) preferred stock being “the most obvious” Ponzi scheme. Schiff’s Jibe At Strategy CEO’s Defense In an X post, Schiff likely referenced Strategy CEO Phong Le’s interview on the Paul Barron show dated April 24, where he...
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XRP Treasury Evernorth Adds OpenAI CFO To Board

Evernorth Holdings has named Robert Kaiden, chief financial officer of the OpenAI Foundation, as a board nominee as the XRP-focused treasury company moves through its proposed business combination with Armada Acquisition Corp. II. Evernorth Names OpenAI CFO To XRP Treasury Board The latest SEC materials show Evernorth filed an...
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Arbitrum DAO faces a U.S. court freeze on $71M ETH

A U.S. court order has placed Arbitrum DAO’s planned use of frozen hack funds under legal restraint. According to filings authorized by the U.S. District Court for the Southern District of New York, plaintiffs served a restraining notice on May…...
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UAE exit from OPEC fuels crude oil price surge expectations

The UAE’s OPEC exit may weaken cartel cohesion, potentially leading to sustained high oil prices amid geopolitical tensions and supply disruptions. The post UAE exit from OPEC fuels crude oil price surge expectations appeared first on Crypto Briefing....
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