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2024-05-02

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The intelligence unit examined 26 cryptocurrency exchanges and trading firms and nine wallet and custody providers, totaling 35 local businesses. Gamers hate NFTs, according to Helius co-founder Mert Mumtaz. Buy Ethereum online with Visa/MastercardLinus responded that Back may have missed a few key differences that set BitVM apart. There is interesting news in the form of an institution with 81 wallets, which has accumulated $4.2 million in LINK today. The wallets were created on September 15 and withdrawn from Binance three days later.

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The second week of the criminal trial for former FTX exchange CEO Sam “SBF” Bankman-Fried continues on Oct. 10, with all eyes on the testimony from key witness Caroline Ellison. Ellison is a former romantic partner of SBF and the former CEO of the FTX-affiliated hedge fund Alameda Research, which also filed for Chapter 11 bankruptcy in November 2022. The former Alameda CEO had lived with Bankman-Fried, along with other FTX executives, in the Bahamas for a period of time. Given Ellison’s former positions, she was a part of Bankman-Fried’s inner circle. In her testimony, prosecutors and the presiding judge over the case, Lewis Kaplan, expect her to provide details regarding the shuffling of customer funds between FTX and Alameda Research. The main focus of the trial thus far has been the alleged fraudulent use of customer funds to repay FTX debtors. Particularly anticipated will be Ellison’s commentary on a meeting in November 2022, during which she admitted to employees of Alameda that Bankman-Fried had given her the go-ahead to use funds for the purposes mentioned above. Related: FTX used Python code to fake its insurance fund figure — Gary WangIn December 2022, Ellison and former FTX chief technology officer Gary Wang pleaded guilty to their alleged roles in the fraud that led to the collapse of the exchange. Shortly after both pleaded guilty, on Dec. 22, they were hit with additional fraud charges by the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). The SEC alleged that Ellison furthered the fraud scheme by manipulating the FTX Token (FTT) price.Ellison then agreed to a plea deal with the Office of the U.S. Attorney for the Southern District of New York, which meant full disclosure of information and documents demanded by prosecutors during the trial. In exchange, Ellison was able to evade all major charges against her, including a potential 110-year prison sentence. Shortly after, she revealed that she had been aware of FTX customer funds being used, saying that Alameda had access to a “borrowing facility” through FTX from 2019 to 2022.The U.S. Department of Justice said that Ellison’s personal memos, which include diary entries, will most likely be used as evidence against Bankman-Fried. SBF faces charges of seven counts of conspiracy and fraud tied to the collapse of FTX, to which he has pleaded not guilty.Cointelegraph reporters are on the ground in New York covering the trial. As the saga unfolds, check here for the latest updates.Magazine: SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1–7War, CPI and $28K BTC price — 5 things to know in Bitcoin this week During this period, the ETH / BTC closed below the wick of the previous bear market’s low. In 2019, the ETH / BTC valuation declined by about 49%, and the analyst predicted this could be the case again in 2023. In fact, the ETH / BTC valuation has already dropped by 20.56%, according to the analyst, meaning that there could still be much further downside. Budget 2023|Revisit tax policy on cryptocurrency, bring ...“The bears took it negative on the sell-off from $29,000 to $26,000. However, they failed to take it lower, despite significant losses being taken by the market (the most bearish the market has been since FTX). Read more: Privacy remains sticking point in America’s ongoing CBDC debate

After a series of successful progress in Binance Chain, Binance introduced Binance Smart Chain. In the whitepaper, Binance stated the purpose of BSC is to support a friendly smart contract function with the Beacon Chain. Still, it is entirely plausible that a user scared that his account is about to be compromised could act impulsively and fall for the scam, Janowitz claimed. cryptocurrencies exchange💰 In former FTX CTO Gary Wang’s bombshell testimony, he revealed that Alameda had a $65 billion line of credit on FTX. @brianeklein and Sam Enzer explain why that number is a “devastating” fact for the defense.🔊Full episode: https://t.co/DGrLC50h66 pic.twitter.com/KNM6Zkqbva— Laura Shin (@laurashin) October 9, 2023 Source: TradingViewThe Cardano price has increased by 1% in the past 24 hours, reaching $0.260110 as the wider cryptocurrency market barely moves today.ADA's rise means that it has become the ninth-biggest coin in the market in terms of capitalization, with the altcoin also up by 6% in a week and by 1% in the last 30 days.The cryptocurrency has also risen by 5.5% since the beginning of the year, and with the market showing some signs of long-term recovery earlier this week, Cardano's fundamentals could help it see more gains in the near and more distant future.Cardano Price Prediction as ADA Becomes Top 10 Coin in the World – Can ADA Reach $100?ADA is showing encouraging signs of strength at the moment, with its indicators warming up but still have plenty of space left to rise before the coin becomes overbought.Source: TradingViewIts relative strength index (purple) is rising to 60 after struggling to hit 40 around a week ago, with the coin's growing momentum potentially on course to increase further in the coming days.At the same time, ADA's 30-day moving average (yellow) looks as though it's about to begin rising up toward its 200-day average (blue), after having spent months well below the longer-term indicator.In other words, ADA has been oversold for too long, so today's rise could be the beginning of a much-needed recovery rally.There's no particular fundamental reason or piece of news as to why ADA is rising today, yet it needs to be remembered that Cardano continues to grow and develop as a layer-one blockchain network, and that its development ultimately means that ADA should rise sooner or later.Indeed, Cardano's total value locked in has risen by 220% since the beginning of the year, and given that this percentage far exceeds ADA's gains over the same period, it has to be concluded that the rising TVL is due to rising usage.Other signs of rising usage come from the data, which shows that Cardano now has 144 projects up and running on its platform, as well as 1,287 projects currently under development.Yes, Cardano's growth has been slow and steady, but it's arguable that it's closing in on reaching a critical mass that should see its adoption and usage rates increase considerably.And in turn, ADA is likely to rise in value with it, with the altcoin potentially on track to reach $0.30 in the next couple of weeks and then $0.40 in the final month of the year.Other Fundamentally Strong AltcoinsWhile ADA is a fundamentally sound token, its progress continues to be gradual, so traders looking for faster, above-average gains may be advised to look elsewhere at the moment.Presale tokens have provided one promising source of high returns this year, with Wall Street Memes (WSM), for example, already racing to 260th in the overall cryptocurrency market after its successful sale.And one of the most interesting presales happening right now belongs to TG.Casino (TGC), a decentralized casino platform that will combine online gaming and gambling with social networking.TG.Casino has already raised more than $400,000, despite the fact that its sale began only a couple of weeks, meaning that investors are quickly jumping on the coin in the belief that it could do well.What makes TG.Casino different from many of its rivals is that it will have a strong presence on Telegram, harnessing the messaging app's pre-existing communities to provide itself with a large and growing userbase.This use of Telegram will give TG.Casino an edge over its competition, with its base of supporters likely to help boost its native token and recruit further users.On top of this, TG.Casino will feature a wide assortment of online games and gambling experiences, which will give users the chance to earn rewards in TGC.As the platform's native token, TGC will be open to staking and will have a hard cap of 100 million, with 40% set aside for its presale, 20% going to staking rewards and 10% to gaming rewards, all of which will incentivize strong engagement from its community.To join the presale, new investors need only go the official TG.Casino website, where 1 TGC will cost $0.125 for the duration.From there, the coin will then list on exchanges once the sale has closed, potentially becoming another 2023 success story.Visit TG.Casino NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run?

Elevate Your Trades with $LPX Tokens: Unlock VIP Access on Launchpad xyz This means that the PoS method incentivizes mining the blockchain network. In addition to this, PoS is much better than PoW when it comes to energy efficiency, which is why its popularity is steadily increasing. Digital Currencies, Crypto & CBDCs-News, Blogs & Press ...— SecuX (@SecuXwallet) October 9, 2023 Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.ETH’s Price Could Suffer If History Repeats Itself: Analyst

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