Billionaire Mark Cuban is the subject of a class action lawsuit for allegedly promoting a “massive Ponzi scheme “. On the other hand, JPMorgan CEO Jamie Dimon believes that “something worse“that a recession could happen, and the popular blockchain game”play-to-earn“(P2E) Axie Infinity hits $4 billion in sales and announces the removal of SLP rewards from classic mode. Here is the week’s round-up from Actucrypto.info.
Peter Schiff warns that the United States faces a “massive financial crisis“. The economist expects far greater problems than in 2008 “when defaults begin“.
Economist Peter Schiff usually has a lot to say, and last week he explained in an interview that he thought the United States would face a financial crisis worse than the “Great Recession” of 2008. Schiff explains that the U.S. has much more debt than it did then, and insists that America’s economic downturn “will be a much more serious crisis when the defaults begin.“
Billionaire Mark Cuban is being sued for promoting a giant Crypto “A massive Ponzi scheme“.
Mark Cuban, Shark Tank star and owner of the Dallas Mavericks NBA team, is the subject of a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and that Cuban has “duped millions of Americans into investing.“
JPMorgan boss Jamie Dimon warns that something worse than a recession could happen.
JPMorgan CEO Jamie Dimon shared his predictions for the U.S. economy, including the possibility of “something worse” than a recession. “There are storm clouds” the leader said, citing interest rates, QT, oil, Ukraine, war and China.
Axie Infinity surpasses $4 billion in sales, team removes SLP rewards from classic game mode.
After recording over $4 billion in all-time sales, Axie Infinity has announced that the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), with SLP rewards added to the new Origin ranked game mode. The team has also introduced non-fungible runes and amulets (NFT) that can be minted on the Ronin Network via the marketplace.