More stories

  • in

    El Senado aprueba proyecto de ley que establece la Segregación Patrimonial para exchanges de criptomonedas en Brasil

    La iniciativa, propuesta originalmente por el senador Eduardo Braga (MDB-AM), fue aprobada en forma de un substitutivo presentado por la relatora, senadora Soraya Thronicke (Podemos-MS). El próximo paso es el análisis por parte de la Comisión de Constitución y Justicia (CCJ) y luego seguirá para su aprobación en el pleno del Senado antes de pasar a la Cámara de Diputados.El PL inicialmente solo preveía tipificar como delito las pirámides financieras y otros fraudes que involucran criptoactivos, sin embargo, con el avance de la discusión en el Senado y con el tema inicial del PL ya cubierto por la Ley de Activos Digitales (Ley Nº 14,478, de 2022), los senadores incluyeron varios temas, incluida la segregación patrimonial.Lea el artículo completo en Cointelegraph More

  • in

    Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

    According to reports from Inner City Press, Wang returned to a New York courtroom on Oct. 6 and testified that Alameda’s account on FTX was the only one authorized to trade more than it had available — a feature called “allow negative.” The former chief technology officer reportedly claimed Bankman-Fried had ordered Wang and former FTX engineering director Nishad Singh to implement the feature in 2019.Continue Reading on Coin Telegraph More

  • in

    New York appeals court pauses breakup of Trump businesses during civil fraud trial

    (Reuters) – A New York state appeals court on Friday temporarily halted the dissolution of some of Donald Trump’s most valuable properties as it weighs the former U.S. president’s appeal in a civil fraud case. The ruling by the New York Appellate Division pauses enforcement of a September order by Justice Arthur Engoron, who found Trump and his family business committed fraud and stripped them of companies that control crown jewels of his real estate empire, including Trump Tower and 40 Wall Street in Manhattan.The court’s move is not an indication of how it will decide the appeal, which could take more than a year. The appeals court in the same ruling rejected Trump’s bid to put on hold a trial that began last week to determine how much Trump, 10 of his companies, and his two adult sons must pay in penalties for allegedly inflating his net worth to secure more favorable loan terms. Trump, the frontrunner for the 2024 Republican presidential nomination, has denied wrongdoing and said the case is part of a political witch hunt. His lawyer, Christopher Kise, said in a statement on Friday that he was pleased the “court’s attempt to reach issues, entities and assets beyond the scope of this case has been suspended.”The lawsuit by New York Attorney General Letitia James alleges Trump inflated the value of his assets by billions of dollars to reap hundreds of millions of dollars in ill-gotten savings on loan interest. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization.The trial is expected to run through mid-December. Trump, who attended the first three days of trial in Manhattan earlier this week, has said he will testify. While this is a civil case, Trump faces other major legal challenges that have been a financial drain and made him the first sitting or former U.S. president to be criminally charged.He has been charged in Washington over his efforts to undo his loss in the 2020 presidential election, in Georgia over moves to reverse election results there, in Florida over his handling of classified documents upon leaving office, and in New York over hush money payments to a porn star.Trump has denied wrongdoing in all cases and pleaded not guilty. More

  • in

    Ethereum’s (ETH) Devastating Plunge: What Happened?

    The market showed a surge in open interest, which is generally a sign of bullish behavior. Bulls seemed to be pushing the price of Ethereum upward, especially after its recent surge. However, this move appears to have been premature. The asset failed to establish any serious support levels, which are crucial for maintaining upward momentum.Source: The lack of strong support levels has made Ethereum vulnerable to a sharp reversal, which is what we are witnessing now. The asset had no cushion to fall back on, leading to a devastating plunge. This situation serves as a cautionary tale for traders to not solely rely on open interest as an indicator of bullish behavior. It is essential to consider other factors like support levels, volume and market sentiment before making investment decisions.The most plausible explanation for Solana’s stability is the lack of bearish selling pressure. While other assets have been subjected to massive sell-offs, Solana has managed to move sideways, indicating that bears have been effectively sidelined.This lack of bearish activity is particularly noteworthy given the asset’s recent performance. Solana has been one of the standout of the year, and its ability to withstand market pressures suggests a strong underlying asset and community support.The absence of a significant price drop on Solana could also be attributed to its increasing dominance over Ethereum in some use cases, which has likely contributed to its resilience. The asset has been gaining traction for its lower transaction fees and faster processing times, making it an attractive alternative to Ethereum for certain applications.Price analysis indicates that Solana is holding its ground well. The asset has not shown any significant downward movement, and the trading volume suggests that there is still interest in holding rather than selling. This could be a strong signal for potential investors looking for assets that can withstand market volatility.The Relative Strength Index (RSI) is nearing the overbought zone, indicating that the asset might be overvalued in the short term. This could lead to a potential pullback if the bulls fail to sustain the upward momentum. Additionally, trading volumes have not been particularly strong, further suggesting that the bulls are losing their grip on the market.The ascending trend that has been following recently is not gaining any substantial ground for growth. This lack of momentum is a concerning sign for those hoping for a bullish trend continuation. If ADA fails to break above the 50 EMA resistance level convincingly, we could see a reversal that might push the asset back to its local lows.Given current market conditions, traders and investors should exercise caution and closely monitor ADA’s price action around the 50 EMA level. A decisive break above or below this point could set the tone for ADA’s price trajectory in the coming weeks.This article was originally published on U.Today More

  • in

    Finance Redefined: septiembre establece récord de exploits en 2023 y DAOs pueden democratizar la ciencia

    En el boletín de esta semana, septiembre se convirtió en el mes con más exploits relacionados con criptomonedas en DeFi, con más de USD 300 millones en pérdidas, y el popular protocolo de préstamos DeFi, Yield, anunció su cierre permanente para diciembre.El cofundador de Polygon, Jaynti Kanani, se ha apartado de sus roles diarios en la empresa, diciendo que ahora observará desde la distancia, y las organizaciones autónomas descentralizadas (DAOs) pueden ayudar a los científicos a encontrar financiamiento y comunidad, según una prestigiosa revista científica.Lea el artículo completo en Cointelegraph More

  • in

    Primer vistazo a la galería de arte de Dubai educará a artistas sobre NFTs y Web3

    Cointelegraph se reunió con Danilo Carlucci, fundador de la empresa de inversión Morningstar Ventures y de 37xDubai, con sede en el Centro Financiero Internacional de Dubai (DIFC). Carlucci habló de sus objetivos con la nueva galería de arte y de por qué se sumerge en las NFT y Web3 a pesar de las condiciones de los mercados actuales.
    Primer vistazo al lugar donde se expondrán los NFT en la galería 37xDubai. Fuente: 37xDubaiCarlucci dice que la galería es “un esfuerzo por unir arte y tecnología en un mismo lugar”. Siendo un fondo de capital riesgo más tradicional, el ejecutivo dijo que la galería de arte es la forma que tiene Morningstar Venture de diversificarse en el espacio más creativo del arte digital y los NFT. Dijo:Lea el artículo completo en Cointelegraph More

  • in

    Kaiser healthcare workers’ 3-day strike winds down, parties agree to more talks

    LOS ANGELES (Reuters) – A 72-hour strike by 75,000 healthcare workers against Kaiser Permanente drew to a close on Friday as both sides in the labor dispute agreed to resume stalled contract talks next week while union officials warned of possible further walkouts to come.Acting U.S. Labor Secretary Julie Su, who played a role as mediator during an all-night negotiating session last week, will return to California to “assist the parties in advancing talks” when they return to the bargaining table next week, the Labor Department announced. Nurses, medical technicians and support staff at hundreds of Kaiser hospitals and clinics in California, Oregon, Washington state, Colorado, Virginia and the District of Columbia walked off the job on Wednesday morning in the largest strike ever to hit the U.S. healthcare sector.The labor clash has centered on workers’ demands for better pay and measures to alleviate chronic staffing shortages and high turnover of personnel that union officials say has undermined patient care at Kaiser, one of the largest medical employers in the United States.The union coalition bargaining with Kaiser said on Friday that “outsourcing of critical healthcare duties” has become another key point of contention in the dispute.Kaiser has said its hospitals and emergency departments have remained open during the walkout, staffed by doctors, managers and “contingency workers.” The strike has pushed Kaiser to the forefront of growing labor unrest in the healthcare industry – and across the U.S. economy – driven by the erosion of workers’ earning power due to inflation and pandemic-related disruptions in the labor force. A last-ditch, marathon bargaining session in which Su sought to broker a deal on the eve of the strike failed to yield a settlement, and the talks broke off on Wednesday.Kaiser, a leading nonprofit hospital network and managed-care organization, said then that progress had been made on some unspecified issues. But union officials countered that they were left waiting for a “meaningful response” from company executives to all their biggest demands.After a day of little apparent communication between them, the two parties announced on Friday they had agreed to resume negotiations on Oct. 12.The current strike was set to conclude at 6 a.m. local time on Saturday, as healthcare workers are barred by law from extending the duration of a walkout unless 10 days’ advance notice is given.UNION WARNINGHowever, the union coalition warned on Friday of that labor peace would be short-lived if “Kaiser executives continue to commit unfair labor practices and bargain in bad faith.””It is possible that the coalition will issue a 10-day strike notice after Saturday, which could lead to further striking by Kaiser employees after those ten days,” it said.Kaiser’s previous four-year labor contract expired on Sept. 30, after nearly six months of labor negotiations.The union coalition has accused the company of failing to address a prolonged staffing crunch that has left employees feeling overworked and underpaid while compromising patient care. The company has acknowledged staffing shortages plaguing the entire sector, a consequence of occupational “burnout” from the COVID-19 pandemic, leading to more than 5 million medical workers leaving their jobs.Short staffing and high turnover were among the final sticking points left to be settled, as were union demands to limit outsourcing of jobs to vendors and third-party subcontractors.Union officials have said pay increases was another major point of contention, while the company argued that it already led competitors in total compensation packages in every market where Kaiser operates.Unions across the United States have grown bolder in their demands in the past two years, pressing for higher wages and better benefits in a tighter post-pandemic labor market. Government data shows 2023 is already the busiest year for strikes overall since 2019, with nearly 309,700 workers involved in work stoppages through August this year.The largest number of workers previously involved in a major walkout in the healthcare sector was 53,000 in 2018, according to the U.S. Bureau of Labor Statistics, The coalition of eight unions representing medical professionals and support staff at Kaiser insisted the company commit to hiring at least 10,000 new workers, in addition to filling some 4,000 recent vacancies.Kaiser nationwide serves some 13 million patients and employs 68,000 nurses and 213,000 technicians, clerical workers, and administrative staff, alongside its 24,000 doctors. (Reporting and writing by Steve Gorman in Los Angeles; additional reporting by Ahmed Aboulenein in Washington and Bhanvi Satija in Bengaluru; Editing by Bill Berkrot and Robert Birsel) More