Category: Million
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Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building
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A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks for minimizing their personal tax bills — sometimes to nothing. Former President Donald Trump used a dubious accounting maneuver to claim improper tax breaks from his troubled…
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A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps
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The so-called silver tsunami of retirees is beginning to peak this year, with 4.1 million Americans turning 65 in 2024. While many are part of a mass exodus from the workforce, not all of them will retire: some can’t afford to retire. Retirement costs. Stopping Work There is also a…
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Crypto Scammer Returns $34.7 Million To Victim
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A week ago, a crypto whale fell victim to a scam that resulted in the loss of more than $71 million. In the following days, the fraudster transferred the funds to block them. But in a shocking turn of events, they returned the money to the victim. Related reading Poisoning…
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$18 Million Ethereum Withdrawal Triggers DeFi Frenzy
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The Ethereum (ETH) market is buzzing with activity after a whale (an investor with large holdings) caused a sensation by withdrawing $18 million worth of ETH from Binance, a leading cryptocurrency exchange. The move, which was meticulously tracked by blockchain analysis platform Lookonchain, sent positive vibes across the cryptocurrency community,…
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After layoffs, Musk says Tesla to spend $500 million on charging network By Reuters
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(Reuters) – Tesla CEO Elon Musk said on Friday that the company will spend more than $500 million this year to expand its fast charging network, days after the employees who were running the company were abruptly laid off. “Just to reiterate: Tesla (NASDAQ:) will spend more than $500 million…
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Jack Dorsey Predicts Over $1 million Bitcoin Price by 2030
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Jack Dorsey, CEO of Block, recently predicted that the price of Bitcoin will reach “at least $1 million” by 2030. Since stepping down from Twitter, which is now X, Dorsey has become a prominent Bitcoin advocate, participating in several Bitcoin and Nostr-related initiatives. JUST IN: Jack Dorsey expects at least…
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Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
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Warren Buffett.Rick Wilking – Reuters Warren Buffett’s Q&A at Berkshire’s annual meeting was full of interesting nuggets and anecdotes. He brought up a potential Canadian bet, saying he could make a 50% annual return on $1 million. Buffett predicted higher taxes and revealed a $500 million donation of Berkshire stock.…
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Binance Slapped With $4.4 Million Fine By Canadian Government
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Canada fined Binance – the world’s largest cryptocurrency exchange – for violating the country’s anti-money laundering rules last year. to General note Published on Thursday, the federal government said Binance had not complied with rules and registrations related to operating as a foreign financial services business (FMSB). Binance was fined…
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Bain Capital invests $250 million in business services firm Sikich By Reuters
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Written by David French (Reuters) – Bain Capital said on Thursday it is taking a $250 million minority stake in business services company Sikich, which plans to use the investment to fund its expansion plans. The private equity firm is the first outside investor in Chicago-based Sikich, which was founded…
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West Yorkshire Mayor kickstarts “region of learning” with £10 million investment
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People facing barriers to employment will benefit from more than £9.5 million to help them get the skills they need to secure well-paid work. Following her re-election as Mayor of the West Yorkshire city, Tracey Brabin announced a £10 million package to “make life easier for those who find life…
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West Yorkshire Mayor kickstarts “region of learning” with £10 million investment
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People facing barriers to employment will benefit from more than £9.5 million to help them get the skills they need to secure well-paid work. Following her re-election as Mayor of the West Yorkshire city, Tracey Brabin announced a £10 million package to “make life easier for those who find life…
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Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts
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A translator for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to criminal charges after secretly transferring about $17 million from the player’s account to pay off gambling debts. The US Justice Department said on Wednesday that Ibei Mizuhara incurred the debt through an illegal betting operation,…
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Australia Eyes Unreported Crypto Transactions: Taxman Targets 1.2 Million Accounts
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The Australian Tax Office (ATO) has requested personal data and transaction details from cryptocurrency exchanges for up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. The move represents a major escalation in the ATO’s efforts to ensure compliance in the rapidly expanding cryptocurrency market. Overseeing…
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Over 5 Million Wallets Now Profitable as Potential Surge Looms
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So far, Dogecoin has emerged as a significant player among the largest altcoins, showing signs of a strong comeback, particularly through the recent profitability of its numerous wallet addresses. A surge in profitable Dogecoin addresses Recently Data From IntoTheBlock reveals a significant increase in the profitability of Dogecoin addresses. Of…
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Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash
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The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023, recently transferred more than 1,100 Ethereum (ETH) to sanctioned cryptocurrency mixer Tornado Cash. The hacker sent ether in batches while still holding over $180 million in assets across different blockchains. Poloniex Hacker’s Laundry of 1,120 ETH according to…
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Botanix Labs Secures $11.5 Million Funding to Develop Bitcoin-Native DeFi Ecosystem
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Botanix LaboratoriesA New York-based Bitcoin development startup founded at Harvard University announced a major funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by notable investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovi Wan,…
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Starknet Foundation’s Announces $5 Million Grant Program For Upcoming Projects To Fuel Blockchain Innovation
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The Starknet Foundation’s new grant program is an important step forward in the quest to accelerate the development and deployment of blockchain-based solutions. With a total of $5 million in funding from USDC, the initiative is designed to support a wide range of projects at different stages of their life…
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Hong Kong Bitcoin ETFs Record Only $8.5 Million Volume on First Day
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Recently approved Hong Kong spot bitcoin ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 Bitcoin and Ethereum ETFs last week. New: ?? Hong Kong District Opening Ceremony #Bitcoin ETFs ? pic.twitter.com/ux1eb5PqRn – Bitcoin Magazine (@BitcoinMagazine)…
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How Pacaso CEO Austin Allison made his first million
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Dress for success, as the saying goes. No wonder Austin Allison, the real-estate entrepreneur worth over $10 million, wore a three-piece suit to college every day. Allison, 38, is the cofounder and CEO of Pacaso, a property brokerage firm that buys single-family homes in ideal destinations and sells them to…
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Crypto.com Hits 100 Million User Milestone, Credits Marketing Campaigns
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Crypto.com has reached a new milestone by surpassing 100 million global users, marking a major achievement for the company since its inception in 2016. The cryptocurrency exchange attributes this achievement to its recent marketing campaign, which included partnerships with well-known personalities, places and celebrities. Events. Partnerships drive Crypto.com Some of…