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2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
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FIP Crypto also recommended that users should revoke the smart contract on the 10 different chains that Galxe is deployed on, including Ethereum, Optimism, Arbitrum, BNB Chain, Base, Polygon, Avalanche, Fantom, Celo and Cronos.$88M in Arbitrum grant proposals are competing for a $44M pot As of October 10, Kaiko observes that there are more than 2.2 million contracts, and the number has been rising steadily over the past few trading weeks. With increasing open interest, it can hint that bulls are in the equation, which may support prices now that prices are under immense pressure. The Best Cheap Crypto to Buy Right Now to make 10X in ...On-chain data shows the whale transferred 4,000 BTC to one address and 1,000 BTC to a second address. Both wallet addresses are new and have not been labelled. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.Bitcoin Flashing Signs of Returning Strength Amid Tumultuous Macro Backdrop, Says Lead Glassnode Analyst

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Image Source: UnsplashHeartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam. The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment, approached one of his wealthy clients with a peculiar request, according to a recent report from Bloomberg.Per the report, the banker asked the client to lend him $12 million, promising to repay the loan with an additional $1 million in interest after just 10 days. Hanes said he was investing in crypto with the help of someone else and claimed that there were some wire payment issues, which needed an infusion of more funds.The client, a local farmer, ultimately declined to provide the loan, suspecting it to be a crypto scam. He even reportedly advised Hanes to go to Hong Kong in order to recover the money.However, after discovering that Hanes had indeed wired the $12 million, the farmer took the matter to a member of Heartland's board.Consequently, the Kansas Office of the State Bank Commissioner launched an investigation into the bank and declared it insolvent on July 28.The closure of Heartland Tri-State Bank has sent shockwaves through Elkhart, a tight-knit community where the bank played a vital role. As one of only two banks in town, Heartland was deeply embedded in the fabric of the community, sponsoring local events and providing financial assistance to those in need. FDIC Estimates Heartland's Loss at $54 MillionThe Federal Deposit Insurance Corp. (FDIC), which was appointed as the bank's receiver, has estimated a loss of $54 million from its insurance fund to protect depositors. The substantial loss is an indication of the severity of the situation, given that Heartland had total assets of only $139 million. Shareholders, including Hanes and his family, face the possibility of losing their investments as the bank's stock was owned by a separate holding company.The incident has also drawn the attention of law enforcement agencies. FBI agents have been conducting investigations, questioning community leaders with ties to the bank. The FBI, however, has neither confirmed nor denied the existence of an investigation. Exact Details of the Crypto Scam Remain UnclearThe exact details of the crypto scam that ensnared Hanes remain unclear.However, a warning issued by the US Department of the Treasury's Financial Crimes Enforcement Network suggested that it was probably a pig butchering scam. Meanwhile, Hanes has not been accused of any wrongdoing.He has resigned from his positions on the school board and the Kansas Bankers Association and is awaiting the outcome of the ongoing investigation.The collapse of Heartland comes as four major US lenders have failed so far this year, including Silvergate Bank, Signature Bank, Silicon Valley Bank, and First Republic Bank.Among these banks, the failure of Silvergate and Signature was partly related to the 2022 crypto meltdown. Bigger Than Pepe and Shiba Inu, Wall Street Memes Price Pumps 56%, Trading Volume Beats Other Top Meme Coins The English Premier League’s Tottenham Hotspur sold $1 million worth of fan tokens in five hours through sports finance network Chiliz. How To Make Passive Income Through CryptoAfter snapping a photo, visitors can style them with virtual stickers and download them to their smartphones via QR code, or print them out as you might at a photo booth. They can also purchase digital apparel via the DressX marketplace. Embrace Diversity

According to another account of the trial, Wang said he met with government officials 18 times. The first two meetings were with agents of the Justice Department, the Federal Bureau of Investigation, the Securities and Exchange Commission and the Consumer Financial Protection Bureau, and he told them that Bankman-Fried’s Nov. 7 tweet, “FTX is fine. Assets are fine,” was true. Wang testified that later he said that the tweet was true but misleading. It was not possible to liquidate the exchange’s FTT tokens, as a sale of that magnitude would cause the token’s price to fall, he said.Earlier, Bankman-Fried’s defense attorney had asked Wang, “Do you know the difference between solvency and liquidity?” Wang responded that he did. Magazine: Deposit risk: What do crypto exchanges really do with your money? These stablecoins provide the advantages of cryptocurrencies, such as speedier cross-border transactions and reduced costs, while reducing the price volatility associated with cryptocurrencies such as Bitcoin. They are frequently utilized for online purchases, remittances, and wealth preservation in nations with volatile fiat currencies. VAT Treatment of Services Provided by Crypto Exchange PlatformsSuch properties are seemingly great for the use case of combating censorship of information. Under this light, it seems Project Spartacus aims to take a stand towards freedom of information and knowledge, making it impossible for anyone to mess with the data that Assange risked his life to make public. The journalist currently faces potential extradition to the U.S., despite being an Australian citizen and not having committed alleged offenses on U.S. soil. The outcome of the extradition process remains uncertain, and concerns continue to grow regarding his future and whether he will ever regain his freedom. De Vries hopes that people will consider sustainability a key factor when using AI and other known limitations and concerns. As AI tools become more ubiquitous, researchers have sounded the alarm about data privacy, AI’s pattern of producing biased or racist responses, and generating false information, also known as hallucinating.

The game, which uses non-fungible token (NFT) technology, was first introduced on the Ethereum blockchain. To expand, Sky Mavis, the game’s developers, developed a layer two (L2) chain named Ronin. The rollout of Ronin finished in February 2021, and by April of the same year, all Axie NFTs transitioned from Ethereum to Ronin. There are still countries out there that are prone to corruption and are under the clasp of monopolistic industries. With smart contracts’ decentralization, the public has now access to a previously hidden world of profits. Ensuring that the data is open, the public can see the operations and understand accordingly, assuring the reduction of manipulation. How to Stake Dogecoin (DOGE)Linus responded that Back may have missed a few key differences that set BitVM apart. Judge Denies SEC's Appeal: US Judge Analisa Torres rejected the SEC's appeal, upholding a July ruling that favored Ripple. This ruling stated that Ripple's XRP sales from years ago did not constitute an offer of investment contracts.


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