Keen Learner and Exp... • 7m
This $6 Million Banana is not what you think Created by Italian artist Maurizio Cattelan. It’s literally a banana stuck to a wall with silver duct tape. And yet, sold for a staggering $6.2 million at Sotheby’s auction house. Justin Sun, the buyer of the $6 million “duct-taped banana” and founder of the cryptocurrency Tron. Bought attention. Tron’s popularity skyrocketed by 10% and hitting an all-time high since 2018. Its market cap reached a staggering $18 billion. But Wait Imagine a money launderer uses $10 million in black money to buy a painting — anonymously, of course. They don’t need to hang it in their living room to make it legit. Instead, they can send it to a ‘freeport’. (storage facilities near airports for goods in transit) in short tax free zone the money launderer parks the painting there and waits. Eventually, another buyer real or not purchases the piece for an inflated price. Suddenly, that $10 million has turned into ‘clean’ money, and no one’s asking questions.
Founder & Editor of ... • 10m
In August 2024, the cryptocurrency sector was hit by over 10 significant hacks, resulting in approximately $313.86 million in losses, according to PeckShield. The two largest incidents, both involving phishing attacks and unauthorized transfers, acc
See MoreStartups/VC/tech • 10m
A startup is seeking a Seed investment. The startup is valued at $5 million pre-money and is looking to raise $650,000 in this round. After this round, the startup plans to raise an additional $2.5 million in a series A round at a post-money valuatio
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