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2024-05-02

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Dogecoin History: Original Intention As for the HOT price action, the bullish altcoin has fallen inside a descending wedge pattern since it reached its all-time high in April 2021. The descending wedge is considered a bullish pattern, meaning it usually leads to breakouts. Buy Tether Online | How to Buy USDT InstantlyTHORSwap Moves Into Maintenance Far from disclosing crypto as a risk factor in its quarterly filings, Axos actually bragged about its lack of crypto dealings, claiming that its lack of crypto exposure ranked among its “franchise differentiators.”

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A Transformative Convergence However, Classy Crypto stated that ALGO’s current situation could be ideal for a Dollar Cost Average (DCA) investment model. He added that the token has significant upside potential and could rally well when the bull market returns. Ethereum Prediction for February 2023-Are things ...In addition to its latest price drop, APE’s value was also down by 12.16% on its weekly time frame. However, the altcoin’s intraday trading volume stood at around $65,654,638 after it experienced a huge 225.92% surge since yesterday. Meanwhile, APE was ranked 82 among largest cryptocurrency with its market cap of $381,260,255. Read More: Ripple (XRP) Price PredictionPaul Tudor Jones concerned U.S. is in 'untenable fiscal position' as it faces greatest challenges since WWII

Kevin Pawlak, once a key figure at OpenSea, is now embroiled in allegations connected to the AnubisDAO rug pull of 2021 / Image by junce11 on Adobe StockKevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics. For its part, OpenSea stated that there is no definitive evidence tying him to the alleged crypto scam.The issue has ignited debates and investigations across the crypto community. Despite the ongoing controversy, definitive proof linking Pawlak to the incident remains elusive. Allegations Emerge on Social MediaNFT Ethics tagged OpenSea in its X thread demanding a response to allegations against Kevin Pawlak. According to the thread, Pawlak may be connected to a pseudonymous identity known as "0xSisyphus," and has been implicated in "various questionable business activities." NFT Ethics supported their claims by analyzing Ethereum transactions. They reported that an Ethereum address starting with "0xBB5B" had registered multiple domains, including kevinpawlak.eth and pawlak.eth, on October 4, 2021.Additional scrutiny revealed that the addresses pawlak.eth and sisyphus.eth participated in the minting of Zorbs tokens and sismo.eth DAO tokens within a short time frame. However, critics argue that these findings are inconclusive and do not establish a direct link between Pawlak and the AnubisDAO rug pull.The AnubisDAO Incident: A Brief OverviewThe AnubisDAO rug pull took place in October 2021. AnubisDAO managed to raise 13,556 Ether, equivalent to $60 million at the time, from crypto investors. But within 20 hours, the funds were dispersed to multiple wallet addresses, causing immediate financial loss for investors. Brian Nguyen, one of the affected investors, disclosed to CNBC that he lost $470,000 in the incident.AnubisDAO Faır Launch Chart by Copper LaunchSome experts are skeptical about the allegations against Pawlak. ZachXBT, a known blockchain analyst, described the thread by NFT Ethics as "mid-curve," implying that it lacks solid evidence. He pointed out that many assumptions about 0xSisyphus’s involvement in the AnubisDAO rug pull are based on "events that are not factually related."Additionally, 0xSisyphus had previously offered a 1,000 ETH bounty for information leading to the identification of the wallet responsible for emptying the AnubisDAO pool. This move, combined with ongoing investigations by law enforcement agencies in the United States and Hong Kong, adds layers of complexity to the issue.While OpenSea continues to distance itself from the controversy, the situation underscores the broader challenges of accountability and transparency in the industry. So far, no concrete evidence has been presented to definitively link Pawlak to the AnubisDAO incident, leaving room for further investigation and public discourse.Pond0x DEX Touts $100M Volume Amidst Scam Allegations Unique to the project is its ambition to enable users to “prove speedruns with hidden strategies,” an untapped area highlighted by controversial runs such as those seen in Minecraft by players like the gamer known as Dream. 9 Best Crypto Exchanges South Africa: 2023 Reviews“The purest form of a DAO is a token-based voting system that's able to execute changes in an autonomous way,” Mosites said. “Whatever power you give, it’s up to the designers and is a limited set of functions. It's really a decision-making engine that anyone can participate in, and it is economically driven.” Binance Liquid Swap Announces Removal of Pools for Multiple Altcoin Pairs

A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” Zhao and three other Binance executives following a probe into financial pyramid schemes in Brazil.On Oct. 10, the committee released a 500-page final report accusing Zhao and local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar and Thiago Carvalho of fraudulent management practices, operating without sufficient authorization and offering securities trading without approval. In the report, the committee — led by Deputy Ricardo Silva — claimed that Binance, Zhao and others “set up an opaque network of legal entities, all controlled directly or indirectly by Zhao, without defined business purpose and with no other purpose than evading compliance with the law.”The report also recommended the indictment of 45 other people, citing “strong evidence” of alleged participation in criminal schemes, with those named linked to multiple crypto companies, including the travel firm 123milhas, the crypto scheme 18K Ronaldinho and others. The Binance CEO stands accused of multiple financial crimes. Source: Chamber of Deputies of BrazilSilva wrote that with Binance being accused of regulatory noncompliance in numerous other jurisdictions, in Brazil, Binance’s operations were “surrounded by suspicion.” The committee recommended the Federal Public Ministry launch an investigation into all of Binance’s Brazil-based operations with a specific focus on tax evasion, money laundering and the financing of organized crime and terrorism.Additionally, the committee recommended Brazil’s Securities and Exchange Commission (CVM) launch an investigation into Binance’s sale of derivatives products. The committee claimed that despite being told to cease derivatives products trading, Binance continued to offer them, which constituted a “repeated violation” of market regulations. Binance is already under investigation by the CVM for allegedly illegally offering derivative products in the country.The committee’s recommendations are not legally binding and are suggestions to local authorities. Police and other regulatory bodies will decide whether or not to move ahead with further action.Binance told Cointelegraph that it “remained committed” to collaborating with the committee and local law enforcement in Brazil.Related: Brazilian securities regulator plans sandbox for tokenization in 2024Binance said while it welcomed constructive debate about the challenges facing the crypto industry, it “strongly rejects the exposure of our users or employees with baseless accusations of bad practices and the attempts to make Binance a target.”The regulatory hostility against Binance comes amid a broader crackdown on the exchange by authorities elsewhere.In the United States, Binance is staring down two separate lawsuits from the local commodities and securities regulators, which allege that Binance and its top executives violated numerous financial regulations.In July, Australia’s financial regulator searched Binance Australia’s offices after having its derivatives license stripped months prior. In May, Binance made an exit from Canada, citing the country’s new regulatory controls.Magazine: Blockchain detectives — Mt. Gox collapse saw birth of ChainalysisCrypto advocates weigh on race for next US House Speaker The doctrine says that if an agency wants to decide on an issue that has major national significance, it has to be supported by clear congressional authorization. The All-In-One Order Book | Your Favorite Crypto ExchangeIn a conversation with Blockworks at Permissionless II, Ethan Buchman, the co-founder of Cosmos and the current CEO of Informal Systems, notes that there is an opportunity today for different blockchain ecosystems to converge to similar architectures. 2 QNT crypto slipped below 20, 50, 100 and 200-days daily moving averages.

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