Huobi Global and TRON Jointly Introduce the TRC20-USDT Token - cyptoranking.com

2024-04-29

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They still own about 110,000 ETH. Max Keiser believes that since a DeFi platform can be shut down to prevent such kind of an illegal operation, it blows the reputation of the whole decentralized finance sector. One reason for lower costs is increased usage of layer 2 scaling solutions like Optimism and Arbitrum, which reduce congestion on the main Ethereum chain by processing transactions off-chain. Huobi Global and TRON Jointly Introduce the TRC20-USDT TokenTurbine is Solana’s block propagation protocol that solves the blockchain scalability trilemma. The scalability trilemma is the belief that decentralized platforms can only accomplish two out of the following three goals—security, scalability, and decentralization—at a given time. Web 3 Gamer: Is there enough traction and interest on Web3 for a competitive stage that can make mainstream players willing to spend money?

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The Galxe protocol is a permissionless self-sovereign identity infrastructure. Its native GAL token fell from $1.20 to $1.15 on Friday, Oct. 6. It reached $1.21 over the weekend with high trading volume through Saturday morning. It had settled at $1.16 at the time of writing, according to CoinGecko.$7,000,000,000 in Illicit or High-Risk Funds Laundered Through Cross-Chain Protocols: Crypto Analytics Firm Like ProShares, Bitwise is offering investors choice in how they want to access exposure to ether futures. The company launched its Ethereum Strategy ETF (AETH) and Bitcoin and Ether Equal Weight Strategy ETF (BTOP) on Monday. How to Get a Job Without a Social Security NumberRipple's Offensive Strategy: Ripple has not only relied on defense. The corporation has gone on the offensive, submitting Freedom of Information Act (FOIA) requests to seek internal records and communications from the SEC. Ripple has investigated whether the SEC was clear about XRP's regulatory status. While the customer managed to evade the scammer’s attempt, the incident underscores the importance of remaining vigilant and cautious in the face of increasingly sophisticated phishing and scam attempts.

The committee asserted that this absence of oversight resulted in a range of problems, including the utilization of the crypto exchange in a pyramid scheme. Sam “SBF” Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda Research that were approved by Gary Wang.As previously reported in the build-up to the highly anticipated trial, an Oct. 1 court ruling provisionally barred Bankman-Fried from apportioning blame to FTX lawyers allegedly involved in structuring and approving loans between Alameda and FTX.United States Judge Lewis Kaplan granted the government’s motion and ruled that Bankman-Fried’s legal team would have to request permission to mention FTX lawyers’ involvement throughout the trial.Related: SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase directorFollowing the initial cross-examination of former FTX co-founder Gary Wang by the prosecution on Oct. 9, the defense is now seeking permission to question Wang over the alleged involvement of FTX counsel in structuring loans issued to FTX by Alameda.A letter filed on Oct. 9 highlighted the government’s questioning of Wang over a series of personal loans worth up to $300 million from Alameda that FTX used to fund venture investments. Wang had also used some funds to purchase a home in the Bahamas. During the prosecution’s line of inquiry, Wang said that either Bankman-Fried or FTX lawyers had presented him with loans that he was then directed to sign. Bankman-Fried’s attorneys argue that the prosecution has already established that FTX lawyers were present and involved in structuring and executing the loans, and they intend to carry out their own line of questioning over the scope of their involvement. A screenshot of the defense’s letter requesting permission to question Wang over the involvement of FTX lawyers in the structuring of loans to Alameda and senior executives. Source: CourtListenerThe defense adds that it could potentially introduce promissory notes that memorialized the loans to Wang, who has previously indicated to the prosecution in proffer meetings that he did not suspect FTX lawyers would coerce him to sign illegal agreements:“Mr. Wang’s understanding that these were actual loans - structured by lawyers and memorialized in formal promissory notes that imposed real interest payment obligations - is relevant to rebut the inference that these were simply sham loans directed by Mr. Bankman-Fried to conceal the source of the funds.”Cointelegraph journalist Ana Paula Pereira is on the ground in New York covering the trial of Bankman-Fried. Her latest report from the Federal District Court in Manhattan highlights the defense’s efforts to paint Bankman-Fried as a young entrepreneur who tripped up amid the rapid growth of FTX and Alameda.Magazine: Can you trust crypto exchanges after the collapse of FTX? cryptocurrency capThis sentiment is shared by co-founder Michael Anderson, who notes that crypto games need just a few more iterations before seeing mass adoption. Bitcoin fee to reward ratio chart. Image source: BitInfoCharts.

The BTC price has been trapped between the 50-day and 200-day moving averages on the daily chart, with the former located around the $27K mark and the latter near the $28K level. Prosecutors have already probed Wang about around $200-300 million of loans he received from Alameda, which he used to make venture investments and buy himself a house in the Bahamas. Bitcoin Cash Fees|Top Crypto Exchange's fees“I agreed with Mr. Bankman-Fried and others to provide misleading financial statements to Alameda’s lenders.” The hacker stole millions of crypto from FTX and then converted them to approximately 180,000 ETH. As reported by U.Today on Friday, this exploiter managed to convert 76,636 ETH into tBTC through Threshold Network after ThorSwap halted operations so as not to allow the hacker to do the same.

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