Users’ funds will be automatically returned on Oct. 16 to the wallet addresses they were taken from unless they request other handling. The affected users will be paid in Tether (USDT) with the value calculated as of 10:00 UTC Oct. 9.Continue Reading on Coin Telegraph More
El texto recomienda la aprobación de 4 proyectos de ley y el enjuiciamiento de 44 personas por “fuertes indicios” de participación en esquemas de pirámides financieras y por la práctica de delitos como estafa, lavado de dinero y gestión fraudulenta, entre otros. Entre las empresas se encuentra Binance.Uno de los proyectos de ley propuestos por la CPI modifica la Ley de Delitos contra la Economía Popular y la Ley de Delitos Financieros para crear una definición específica para el delito de pirámide financiera, estableciendo una pena de 6 a 10 años de prisión y multa.Lea el artículo completo en Cointelegraph More
This recent activity follows a transfer of 5,000 BTC ($140 million) from an address that had been inactive for three years. Additionally, an address believed to be from the Nakamoto era recently transferred 1,005 BTC ($29.7 million).Earlier this year, substantial transfers were also recorded. In September and January, Bitcoin addresses that had been dormant for extended periods moved 2,100 BTC ($56.3 million) and 15,000 BTC ($252.5 million), respectively.As of Tuesday, Bitcoin’s price stands at $27,595, marking a slight increase of 1.1% over the past 24 hours. The cryptocurrency’s trading volume has reached $11.98 billion. According to data from CoinGecko, Bitcoin’s market cap is currently valued at $538.38 billion.These large-scale movements from dormant addresses into active ones are part of a broader trend in the Bitcoin market. However, the implications of these transactions on the overall cryptocurrency market remain to be seen.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
Bernard Lawrence Madoff era la mente dietro la più grande truffa Ponzi della storia, con un valore stimato di 64,8 miliardi di dollari. A un certo punto, Madoff è stato presidente del NASDAQ Stock Exchange.Hoskinson ha dichiarato che l’attenzione dei media nei confronti di SBF, nonostante le prove pubbliche del coinvolgimento di quest’ultimo e FTX nell’appropriazione indebita e nel furto dei fondi dei clienti, dimostra quanto sia diventato corrotto l’intero sistema.Leggi il testo completo su Cointelegraph More
The Indian government’s taxation policies on cryptocurrencies have posed significant challenges for crypto businesses. These include a 30% tax on crypto gains and a 1% tax deduction on transactions. However, Gemini remains undeterred, viewing the country’s tech talent pool as a valuable asset for its growth strategy.Global CTO Pravjit Tiwana praised India’s tech talent and sees potential for growth via the “Startup India” initiative. The company is also planning to expand its team in Singapore, further solidifying its presence in Asia.Gemini’s expansion efforts in India parallel those of other major players in the crypto industry. Coinbase (NASDAQ:COIN) has also been increasing its operations in the country, while BitGo has been actively hiring in Bengaluru.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
Bankman-Fried’s arrest occurred in December at a bright pink courthouse in Nassau, Bahamas, following the collapse of FTX. His extradition to the U.S. marked the end of his Bahamian journey. The planned headquarters for FTX in the Bahamas remains an empty lot, and their offices have since been abandoned.Before his arrest, Bankman-Fried had shared an Albany luxury apartment with FTX executives Nishad Singh, Gary Wang, and Caroline Ellison. All three executives have since pleaded guilty to fraud. Bankman-Fried had also invested heavily in marketing and celebrity endorsements for FTX. This included a $135 million deal to place the FTX logo on Miami’s basketball arena, a deal which was later canceled due to the exchange’s bankruptcy.In addition to his business ventures, Bankman-Fried purchased a $3 million townhouse in Washington for political operations and as headquarters for a nonprofit run by his brother Gabe Bankman-Fried. The townhouse stands as a stark contrast to his early days at Alameda Research in Berkeley where he often slept on a beanbag chair before moving his operations overseas due to favorable crypto regulations.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
This mechanism allows any computable function to be verified on Bitcoin, paving the way for smart contracts on the Bitcoin network. But what does this mean for Ethereum and Cardano, two giants in the smart contract space?Source: BitVM WhitepaperEthereum, once the undisputed leader in the DeFi and NFT sectors, has been experiencing a downturn. The once-thriving DeFi and NFT landscapes have lost their sheen, with users becoming wary due to recurring scams and a perceived lack of innovation since the 2021 bull run. , on the other hand, has been positioning itself as a more efficient and scalable alternative to Ethereum, but it too faces challenges in gaining widespread adoption.With Bitcoin’s BitVM, the game could change dramatically. The ability to perform complex off-chain computation without leaving any trace on the chain, unless there is a dispute, is a game-changer. It offers a level of privacy and efficiency that could make a formidable competitor in the smart contract arena.If Bitcoin can successfully implement and popularize this feature, it could potentially draw developers and users away from Ethereum and Cardano. The trust and security associated with Bitcoin, combined with the new capabilities of BitVM, could make it an attractive platform for developers looking to build decentralized applications.Moreover, the fact that Bitcoin is Turing-complete, allowing it to verify the execution of any program, further solidifies its position. While the current model is limited to a two-party setting, future generalizations could expand its capabilities.This article was originally published on U.Today More
Nach Angaben auf Campbells LinkedIn endete ihr Arbeitsverhältnis bei Ripple im Oktober nach mehr als zwei Jahren und es steht dort lediglich, sie habe eine “denkwürdige” Zeit bei dem Kryptounternehmen gehabt. Sie kam im April 2021 zu Ripple, nachdem sie über vier Jahre als CFO bei der Zahlungsplattform PayNearMe tätig war.”Das Gesundheitswesen ist zwar eine komplexe, hochregulierte Branche wie Fintech, aber es ist was neues für mich”, so Campbell in einem Post vom 7. Oktober.Lesen Sie weiter auf Cointelegraph More
