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Crypto Millionaires: How Many Are There in the World?
The digital community is always curious about the number of uber-rich crypto whales. Delving into others' financials is inherent to human nature. However, the issue with crypto millionaires is even more intriguing: they're often accused of having the power to manipulate the market, which can affect the portfolios of average investors.
Apple has reportedly shelled out $5 million to secure the rights to Michael Lewis' upcoming book on Sam Bankman-Fried (SBF), the former CEO of FTX.
The book, titled "Going Infinite: The Rise and Fall of a New Tycoon," is set to launch on October 3, coinciding with the start of SBF's criminal trial in New York.
A documentary is also in the pipeline, directed by Nanette Burstein, known for her work on crypto evangelist John McAfee and Hillary Clinton. Youth Education: Free Courses by WhiteBIT and Cryptology!
While crypto prices may fluctuate, venturing into this realm can seem a costly endeavor for the youth. However, new courses from the online school Cryptology and the globally renowned WhiteBIT exchange now offer free access to the digital economy! All you need is enthusiasm and awareness of our rapidly digitizing world.
Amid the evolving crypto landscape, one prediction stands out: Davis Hui from Caanan foresees BTC's price potentially skyrocketing to $100,000 by 2024. This bullish forecast is rooted in upcoming events like the bitcoin halving, set to diminish the BTC issuance rate by halving miner rewards.
Compounding this optimistic view is the undeniable attention from financial powerhouses, with BlackRock, boasting $10 trillion in assets, as a prime example.
For Hui, it's this mix of major institutional influx and a shrinking bitcoin supply that suggests a bullish future for BTC. 92% of People Have Heard of Cryptocurrency
Consensys, the minds behind the famed Metamask crypto wallet, recently unveiled their report “The State of Web3 perception around the world". This report provides insights into how well cryptocurrency is understood worldwide, the depth of Web3 comprehension, and the public's stance on pivotal aspects like online data privacy and ownership.
Facing a court decision that sided with the SEC's classification of LBRY Credits tokens as securities, the crypto startup LBRY is poised to appeal.
Taking a leaf out of Ripple's book, they're looking to challenge the $111,614 fine and the bar on issuing tokens.
This August, Huobi bolstered its stance in the market by 2%, while MEXC followed closely with a 1.5% increase, and WhiteBit saw a boost of about 0.5%. However, the likes of Binance, Upbit, and OKX didn’t fare as well, each dropping by an average figure hovering around 1.75%.
To curb trading vulnerabilities, many are now gravitating towards alternate crypto hubs in their endeavors. 











