Winklevoss twins' Gemini launches Ethereum staking in the ... - cyptoranking.com

2024-05-13

Popular crypto exchanges(2023 Update) 2024-05-13
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— Archax (@ArchaxEx) October 10, 2023 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 Winklevoss twins' Gemini launches Ethereum staking in the ...Radix is a layer-1 smart contract platform that aims to improve the user and developer experience in Web3 and DeFi. The company was founded in 2013 by Dan Hughes, who wanted to create a scalable and secure platform for decentralized applications. Ethereum uses decentralized blockchain technology, where developers can build and deploy applications that are independent of the central authority. To make this easier, the network has a programming language in place, which helps users create self-executing smart contracts. A smart contract is basically a code that can be verified and allows inter-user transactions.

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Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member. However, the hacker has recently been using a more sophisticated method to obscure the transfer of the illicit assets, said Brooks. Crypto's Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, CoinbaseMagazine: Deposit risk: What do crypto exchanges really do with your money?Why Doesn't Hong Kong Allow Retail Stablecoins? BEL/USDT FTM/BUSD FUN/USDT GMT/BNB GMT/ETH HFT/USDT IDEX/USDT LEVER/USDT MAGIC/BTC MANA/BUSD OP/BUSD XRP/BUSD

SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans Meanwhile, more Chinese state-operated firms are now paying their staff in digital yuan tokens. Tools you need to become a professional cryptocurrency traderCryptoNight is GPU-mining friendly, but its characteristics make it ideal for CPU mining. With its set of 64-bit fast multipliers for maximum speed, the CPU architecture is very efficient; moreover, the heavy use of CPU caches guarantees the best performance. Proponents of the system insist it enhances security, redundancy, and censorship resistance. Additionally, they say it guarantees consistent accessibility to web files even with network disruptions.

The Bitmain S21 miners are known for their industry-leading efficiency, operating at an impressive 17.5 joules per terahash (J/TH). This increased efficiency not only enhances fleet resilience post-halving but also improves the capital efficiency of data centers. In simple terms, Gamma measures how sensitive an option’s price is to a change in the price of the underlying asset, in this case, BTC and ETH. A rising Gamma means that, as the asset’s price changes, the option’s price will change quickly. Centralized vs Decentralized Exchanges,DeFi,Security...When it comes to scalability, Polygon is compatible with ERC standards. Polygon is secured by validators and checkpoints submitted to Ethereum with minimal downtime over the course of 1.3B recorded transactions. The Securities and Exchange Commission has delayed decisions on several other bitcoin ETF proposals just days after delayed decisions for Ark 21Shares and GlobalX until January.

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