Binance backs out of FTX rescue, leaving
the crypto exchange on the brink of collapse
Posted By: Dreadnought, 11/9/2022 4:48:14 PM
Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried's crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world's largest cryptocurrency firm had reached a non-binding deal to buy FTX's non-U.S. businesses for an undisclosed amount, rescuing the company from a liquidity crisis. Earlier this year, FTX was valued at $32 billion by private investors. On Monday night, Bankman-Fried was "scrambling" to raise money
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Dreadnought"
The commissioner of U.S. Customs and Border Protection is being pressured to leave his position after presiding over record levels of illegal immigration.
Chris Magnus was put on notice that he must resign or be fired, two people familiar with the matter told the Associated Press.
Magnus sent an email to employees on Friday saying he had no intention of resigning, the New York Times reported. Should Magnus refuse to resign, he would be the first Biden administration political appointee to be fired.
The Department of Homeland Security is supposedly recalibrating
Harris County Elections Administrator Clifford Tatum says his team will be working to sort out the issues that caused problems on election day.
Harris County experienced many issues from polling sites opening late, machine malfunctions, and even some polling sites running out of ballots. Wednesday morning, election workers were still counting emergency ballots at central counting at NRG Arena.
"We will assess our election operations from early voting through election night through today," he said at a Wednesday afternoon presser.
Polling sites were scheduled to open at 7 a.m. but officials said four locations opened late. BakerRipley House on Navigation opened almost 4.5 hours late due to
If there’s a strategy behind what Donald Trump has been doing over the last week, I’m not sure what it is. I say that in all seriousness. I do not understand what the purpose of attacking Gov. Ron DeSantis is, and I don’t understand why he’s now attacking Gov. Glenn Youngkin. That first line is something. Youngkin’s name isn’t “Young Kin,” and wouldn’t that sound more Korean than Chinese anyway? Besides, what exactly does that have to do with anything? I know Trump likes to get his shots in, but this one is a head-scratcher. It’s also pretty racially tinged, a charge I’ve often defended Trump from
The series finale of Paramount+’s The Good Fight featured a story arc involving a male character falsely accusing Florida Republican Gov. Ron DeSantis of sexually assaulting him before later confessing to lying. The episode, titled “The End of Everything,” aired Thursday. It featured a recurring gay character named Felix Staples, who claims that DeSantis sexually assaulted him by forcing him to have oral sex after a CPAC conference when he was an intern in his office. How exactly is such a thing allowed in Hollywood? Yes, the accusations are met with skepticism, and yes, the accusations are revealed to be a political hoax, but do you think
Ron’s Rules
1 reply
On a disappointing night for Republicans, Governor Ron DeSantis crushed it in the free state of Florida, lapping his challenger, Congressman Charlie Crist, by close to 20 points. Before DeSantis’s emergence, Florida used to keep us wondering whether it would turn blue or red until the wee hours on Election Night or, in the case of the 2000 election, for weeks thereafter. But it was clear well before midnight on Tuesday that Florida had turned solid red. From Portsmouth to Puget Sound, Republicans interested in replicating DeSantis’s “win for the ages” should learn from these eight rules.
Stay on offense. Given the mainstream media’s leftward tilt, Republicans are often stuck
Trump calls out Youngkin amid 2024 chatter
22 replies
Former President Trump on Friday took aim at Virginia Gov. Glenn Youngkin (R) amid rumors that the businessman could run for president in 2024.
“I Endorsed him, did a very big Trump Rally for him telephonically, got MAGA to Vote for him – or he couldn’t have come close to winning,” wrote Trump on his Truth Social account. Trump has been hinting at announcing another bid for the White House as early as next week.
Trump also made a comment about Youngkin’s name sounding “Chinese” as he attributed the governor’s 2021 election win to his support.
“Young Kin (now that’s an interesting take. Sounds Chinese, doesn’t it?) in Virginia couldn’t have
Shockingly the news breaks right after the midterm elections: the 2nd largest Democrat mega donor after George Soros turns out to be a total fraud.
Call me cynical, but does it surprise anyone that the news hits just after all that money was spent on campaign ads, and not a day or two before? Do you think voters might like to know that $40 million of the money spent to influence their choices was stolen?
Sam Bankman-Fried–a billionaire of whom I never heard before today– donated more than $40 million to Democrat candidates and super-PACs, including providing the initial funding for the Protect Our Future PAC. He was the second largest
Virginia’s Republican Lt. Governor, Winsome Sears, said Thursday during an appearance on Fox Business that she “could not support” Donald Trump should he decide to run for the White House in 2024. Speaking to Neil Cavuto, Sears noted a few good things Trump did, especially for black Americans, then said that a true leader should recognize “that it’s time to step off the stage.”
“His administration, when it came to the economy, helped us, because black unemployment was the lowest it had ever been historically, and then, of course, when it came to education he forgave his administration the loans that historically black colleges and universities
Charlie Hurt: Establishment Republicans
Are Wrong to Blame Donald Trump for Midterm Losses 14 replies
Are Wrong to Blame Donald Trump for Midterm Losses 14 replies
The Republican establishment is wrong to blame former President Donald Trump for losses in Tuesday’s midterm elections, Washington Times Opinion Editor Charlie Hurt said on Wednesday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow.
In a wide-ranging interview, much of discussion centered on former President Trump and his role in the midterms. Hurt said that Trump-backed candidates like Ohio’s new Senator-elect J.D. Vance and Florida’s Gov. Ron DeSantis were victorious because they ran strong campaigns on MAGA issues.
There are more shakeups happening among Twitter’s top executives. Yoel Roth, Twitter’s head of trust and safety, is out, and Robin Wheeler, the head of ad sales, reportedly resigned before being convinced by CEO Elon Musk to stay. The news was initially reported by Platformer’s Zoe Schiffer and Casey Newton, and was confirmed to The Verge’s Alex Heath by two people familiar with the matter. The two executives resigned, according to Bloomberg’s Kurt Wagner, who later reported Wheeler’s change in plans. Both leaders had taken public-facing roles in these still-early days of Elon Musk’s Twitter ownership. Roth has repeatedly posted on Twitter to try and assuage user fears
While I’m not a huge fan of anyone suddenly losing their job as it’s one of the worst feelings in the world, there was something cathartic about watching the Twitter employees that had been censoring and suppressing anyone who remotely vexed them get the axe. Now that they’ve been stripped of their power and kicked to the streets, Twitter has been a lot more fun, interactive, and far less annoying. While others’ mileage may vary, Twitter is looking like an actual digital town square and not a place where the conversation is controlled by people who have no business being in control.
A federal judge in Texas struck down President Biden's student loan handout in a Thursday night ruling.
Biden's plan, which aims to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans. "Whether the Program constitutes good public policy is not the role of this Court to determine. Still, no one can plausibly deny that it is either one of the largest delegations of legislative power to the executive branch, or one of the largest exercises of legislative power without congressional authority in the history of the
United States,"
Most Active Articles (last 48 hours)
Michelle Obama, 58, has candidly opened up about her struggles with menopause, revealing that she's suffered with severe hot flashes, 'creeping' weight gain that has left her unable to fit into her clothes - and prompted her to give up on her goal of maintaining her infamously-toned arms.
The former First Lady sat down with People magazine to discuss her upcoming book, The Light We Carry, which drops on November 15, and she opened up about the harsh realities that come with aging during the interview.
Why Do You Still Hate Donald Trump?
49 replies
Donald J. Trump was our 45th president and in spite of the unbelievable hostility he faced in the mainstream media, Hollywood, and all public forums, he did a very good, possibly the best job for the country.
Yet TDS, Trump Derangement Syndrome, still exists and I just can’t figure out why, so if you can explain what you have against Trump, I’d appreciate hearing from you.
Since the over-hyped red wave did not happen on Nov. 8, Trump is being blamed for sabotaging the election. Articles by Never-Trumpers and the usual suspects in the lamestream media are flooding the news and unfortunately, many disheartened MAGA voters don’t seem to recognize
Donald Trump on Warpath: Former President
Accuses Rupert Murdoch, Fox News of Promoting
Ron DeSantis 38 replies
Accuses Rupert Murdoch, Fox News of Promoting
Ron DeSantis 38 replies
Former President Donald Trump expressed his fury at Fox News and owner Rupert Murdoch for promoting Florida Gov. Ron DeSantis after the midterm elections in an intentional effort to promote himself as the future of the Republican Party.
“NewsCorp, which is Fox, the Wall Street Journal, and the no longer great New York Post (bring back Col!), is all in for Governor Ron DeSanctimonious,” the president said on social media.
Since the midterm elections, Murdoch’s media empire began unloading on Trump.
The Wall Street Journal published six anti-Trump op-eds, including one calling him “the Republican Party’s biggest loser.”
'Act of hate' found at Obama Presidential
Center worksite in Chicago, $100k reward offered 38 replies
Center worksite in Chicago, $100k reward offered 38 replies
An "act of hate" was discovered Thursday at the worksite of the Obama Presidential Center on Chicago's South Side.
Now, the construction company building the presidential center is offering a $100,000 reward to help find whoever is responsible for hanging a noose at the project site.
"We are horrified that this would occur on our site and are offering a $100,000 reward to help find the individual or individuals responsible for this shameful act," Lakeside Alliance said in a statement.
The company says they called police after being made aware of the noose.
"This morning we were informed that an act of hate was discovered at the project site.
Donald Trump is continuing to treat Florida Gov. Ron DeSantis like a political enemy. On Wednesday, Trump pooh-poohed DeSantis’s huge and historic victory by insisting that his 2020 win in Florida was bigger. “Now that the Election in Florida is over, and everything went quite well, shouldn’t it be said that in 2020, I got 1.1 Million more votes in Florida than Ron D got this year, 5.7 Million to 4.6 Million? Just asking?” Trump won Florida in 2020 by 3.4-point margin, while DeSantis won reelection by a 19.45-point margin. Sorry, Trump, I think DeSantis’s victory is far more impressive.
This ridiculous, ego-driven pettiness from Trump has got to stop.
Brían Nguyen, a biological male who identifies as female has won Miss Greater Derry 2023 in New Hampshire, making Nguyen the first transgender titleholder within the Miss America Organization.
“In the 100 year history of Miss America, I have officially become the FIRST transgender titleholder within the Miss America Organization,” Nguyen said in an Instagram post. No words can describe the feeling of having the opportunity to serve my community and represent my community for the very first time at Miss New Hampshire,” Nguyen added. “I am so honored to be crowned your new Miss Greater Derry 2023, and I am thrilled to show you all
The World Economic Forum’s climate change agenda was “modeled” off the effort to roll out vaccines during the Covid pandemic, John Kerry said during a COP27 panel discussion in Egypt on Tuesday.
That means we can all look forward to high-pressure, coercive government tactics, and not only from the government but from corporate elites.
Appearing alongside WEF President Børge Brende and various corporate executives, U.S. Special Presidential Envoy for Climate John Kerry said that it is urgent for the private sector to pair with governments
Construction of the Obama Presidential Center in Chicago has been temporarily suspended following the discovery of a noose at the worksite.
The Lakeside Alliance, a group of Black-owned construction companies building the center, said they are investigating to identify those responsible for what the Obama Foundation described as an “act of hate”.
The noose was discovered on Thursday morning on the premises of the center, located in Jackson Park, and the police were notified.
The Chicago Police Department (CPD) confirmed that they are aware of the matter and investigating.
Chicago is ‘MAGA Country’ according to Jussie Smollett so these claims should be taken "seriously"!
Thank you, Donald Trump
27 replies
Before I wrote, "Life after Trump," I should have written this post thanking President Donald John Trump.
Allow me to correct this by quoting one of my dearest and now confused readers. To protect his identity, I will simply call him Mister Jones.
He wrote, "Trump gave us a conservative majority SCOTUS....tax cuts.....lowest unemployment in recorded history, especially for POC....Started no new military 'conflicts'....Jerusalem embassy....world respect...USA out of climate accords....tough on China.... need I go on? Continue to Refresh the memory? Remind who brought us to the dance?
"Ungrateful b*****ds. 🤬Fetterman’s got a legit reason for memory loss.😱🙄."
It Happened Again!
On Tuesday in the 2022 Midterms, the “Drop and Roll” occurred in the Michigan Governor race just like it happened in the 2020 Presidential Election. It also occurred in the Minnesota Governor’s race. We now have evidence that it also occurred in the Georgia Senate race stealing the win from Republican Herschel Walker.
The crooks and criminals are stealing US Elections in multiple ways. One of the biggest ways they stole the 2020 Election for President was the “The Drop and Roll” method.
President Joe Biden pledged to build a high-speed railway between Scranton, Pennsylvania, and New York City on Wednesday.
The president made his bold (and likely unrealistic) pronouncement during his post-midterm election press conference on Wednesday when recalling how a congressman in the state of Pennsylvania asked if his infrastructure plan would include a high-speed rail between the two cities.
“We can. First of all, it will make it a lot easier to take a lot of vehicles off the road, and we have more money in the pot now already out there that we voted for than the entire money that we spend on Amtrak, to begin with,” he said.
Virginia’s Republican Lt. Governor, Winsome Sears, said Thursday during an appearance on Fox Business that she “could not support” Donald Trump should he decide to run for the White House in 2024. Speaking to Neil Cavuto, Sears noted a few good things Trump did, especially for black Americans, then said that a true leader should recognize “that it’s time to step off the stage.”
“His administration, when it came to the economy, helped us, because black unemployment was the lowest it had ever been historically, and then, of course, when it came to education he forgave his administration the loans that historically black colleges and universities