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2024-04-20

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Ellison and former FTX CTO Gary Wang, whose testimony occurred during the first week of the trial, are two of the prosecution’s key witnesses against SBF. Both held leadership roles at the two companies and were close to the former billionaire. XRP’s value drops below $0.5 amid a recent favorable court ruling. Libertex-Award-winning Trading & Investing Platform|Trade ...Who is going to buy your product? Do your customers value moats created by sunk costs (proof-of-work)? Are they highly risk-tolerant or, alternatively, do they have big budgets for audits (smart contracts)? Do they want arbitrage opportunities (proof-of-stake, DeFi)? Do they care most about sharing data with user protections (proof-of-honesty)? How important is scaling? Your choices are growing. – Stephanie So, Geeq A Gateway to Blockchain Interoperability

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US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst In the draft thread, Bankman-Fried described Alameda Research as "one of my largest successes–and then, briefly, largest failures–and then again successes." Bankman-Fried extolled Alameda as "one piece backstopping the ecosystem" and "a buyer when no one else is ready to buy–when markets are wild and volatile and prices are crashing and capital is scarce." How to Build a Crypto Exchange: The Ultimate GuideHow Can Users Benefit From Web3? Projects flooded the scene with buzzwords like “financial privacy” and “cryptographic security” during the DeFi boom of 2021, setting user expectations sky high when the industry was still in its earliest stages.

LasMeta Introduces ‘Play to Earn’ Model with LasMeta Tokens ($LASM) Source: AdobeStock / vadimalekcandrRoman Storm, co-founder of the sanctioned Ethereum-based crypto mixer Tornado Cash, has pleaded not guilty to charges related to money laundering and sanctions violations.Storm pleaded not guilty in front of a judge in the U.S. District Court for the Southern District of New York on Wednesday, Inner City Press reported on X the same day.According to the X account, “multiple terabytes” of materials from Dutch authorities, some of it encrypted, will be included in the upcoming court case.The account also quoted from the court case that there are “some classified materials” in the case, and that it involves several victims of hacks.In addition to money laundering and sanctions violations charges, Storm has been charged with conspiracy to operate an unlicensed money-transmitting business.Charged with helping Lazarus GroupThe most serious of the charges are those related to sanctions violations, which the DOJ alleges has been facilitated for North Korea’s infamous Lazarus Group of hackers.According to prosecutors, money from Lazarus Group that has passed through Tornado Cash has been used to fund North Korea’s nuclear weapons program.Storm was arrested in late August, and released on a $2 million bond shortly after.His Russian passport has been seized by the authorities, and he is restricted from traveling outside specific regions in the states of New York, New Jersey, Washington and California.Storm is a dual US and Russian citizen.Several arrestsRoman Storm was charged by the Justice Department (DOJ) together with his fellow co-founder Roman Semenov, who has yet to be arrested.The DOJ alleges that the two through their involvement in the crypto mixer has facilitated laundering of more than $1 billion.Tornado Cash was first sanctioned by the US government in 2022, with another of the protocol’s co-founders, Alexey Pertsev, getting arrested in Amsterdam almost immediately afterwards.Pertsev still remains in the country awaiting trial there.Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals Shiba Inu (SHIB) Price Prediction-Is Ethereum and Collateral Network Worth A DCA?Serving as a store of value and traded among peers, merchants, and organizations, payment currencies are the most basic types of cryptocurrencies. Stablecoins are backed by multiple sources, including fiat currency, other cryptocurrencies, precious metals, and algorithmic functions. Stablecoins can be classified into several categories based on the type of assets they’re pegged to. Let’s take a look at them.

They offer complete data integrity as hackers cannot forge transactions or other data that has already been made public on the blockchain. 0xe1ao’s multiple bids for CrypToadz NFTs. Source: OpenSea Top 5 Decentralized Exchanges on Arbitrum: The Future of ...2/ Gambling and betting.Just makes a lot more sense with a DeFi backend. Instead of house taking a spread, it can live off the yields on capital.L2s and account abstraction make apps more accessible to normies.@LooksRare launched Yolo. @rollbitcom @PoolTogether_ etc— Alex Svanevik 🐧 (@ASvanevik) October 6, 2023 CBDC and Inclusion

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