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2024-05-02

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Read more: Binance raises red flags by selling Russian arm to brand-new CommEX The leak led to Judge Lewis Kaplan revoking SBF’s bail due to concerns over him trying to influence the trial and potential witnesses. Buy Ethereum (ETH)According to the post, the phishing scheme has seen 11 Hong Kong-based Binance customers report combined losses of more than $446,000 ($3.5 million Hong Kong dollars) in the last two weeks. ETH futures ETF trading volume

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Aptos is scheduled to unlock 4.54 million (APT) on Wednesday, worth around $22.2 million based on current market prices. APT is down 2.2% on day and 9% on week. Texas miner Riot Platforms racked up $31.7 million in power and demand response credits from the state’s electricity operator in August. 10 Best Crypto Trading/Exchange Apps in India (May 2023)Instant finality By doing so, they are poised to transform medical interventions in the country and potentially save numerous lives. XRP Healthcare’s ventures, underpinned by the swift transaction capabilities of the XRP Ledger, epitomize the organization’s unwavering commitment to redefining healthcare in Africa.

Charles Hoskinson. Source: a video screenshot, Bloomberg/YoutubeCardano’s founder Charles Hoskinson has compared the embattled co-founder of FTX to infamous ponzi scheme boss, Bernie Madoff.In a post on X (formerly Twitter), Hoskinson stated that Sam Bankman-Fried’s actions can be likened to Bernie Madoff but the former is now getting a free pass by the media.“It's extraordinary to me that the Bernie Madoff of my generation is getting a free pass by the media. It really does show you how profoundly corrupt things have become especially if you have the right friends.”The Cardano founder also criticized the attention goiter from Michael Lewis’ book and the attention it can have on the trial calling it an apology tour before adding that there are groups of elite who want Bankman-Fried exonerated. “We saw this with the kid gloves treatment by the New York Times and now a book that’s an apology tour. It’s extraordinary to me that the Bernie Madoff of my generation is getting a free pass from the media. It does show you how profoundly corrupt things have become especially if you have the right friends.”Bernie Madoff is described as the mastermind of the largest Ponzi scheme worth $64.8 billion without initial suspicion and served as a Chairman of tech-driven Nasdaq. On the other hand, SBF’s FTX was the third largest exchange before its implosion in November 2022 with several allegations of misappropriation of user assets and luxury purchases.Similar calls made by the community Hoskinson is not the first to make calls against sympathizers of SBF as many of such have been made following the popularity of the trial and many narratives that he had simply made a mistake. Pro-web3 lawyer John Deaton expressed similar views over the weekend stating that those who are sympathetic and view SBF as a well-intentioned individual are not fit to manage public wealth.He also adds that his parents were complicit in the events while others within the community stated that people who viewed him as innocent benefited during events. SBF was long regarded as the hero of web3 before the fall of FTX and made several high-profile political donations some of which have been returned to the company to be distributed to creditors.Trial and bankruptcy show luxury spendingSo far, the bankruptcy team in charge of FTX has amassed $7 billion in assets to be distributed to the creditors. From the investigations, SBF has been accused of seven counts involving fraud based on the misuse of investor funds.Amongst many, there are allegations of acquiring luxury items including private jets which the Department of Justice (DOJ) is seeking a forfeiture.Other expenses include $300 million in real estate, $80 million for politicians, and millions on ads including $100 million in stadium naming rights. Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack Ether annualized burn, issuance and supply, 30 days. Source: ultrasound.money How To Buy Polkadot-Forbes Advisor UKOptimistic rollups are “optimistic” in nature, as they assume transactions are accurate until proven otherwise. Fault proofs form an important security measure to ensure that false activities aren’t accepted on the network. But do these challenges mark the demise of privacy in DeFi? We certainly don’t think so.

*This is not investment advice.Giant Institutional Investor With 81 New Wallets Accumulates This Altcoin Today The SEC’s case against Coinbase isn’t “extraordinary,” the association said, citing the Howey Test, a 1946 U.S. Supreme Court case involving citrus groves that the SEC often uses to determine whether transactions are investment contracts and thus subject to securities laws. Some in the crypto industry have disagreed with the SEC’s application of that court case. Explainer: What Beijing's new crackdown means for crypto in ChinaOne unique feature added to the X platform is the “Community Notes,” an innovation that has garnered reactions from crypto innovators, including the Shiba Inu lead developer Shytoshi Kusama. The feature was introduced in 2021 as Birdwatch but was recently rebranded as Community Notes. “The first iteration of web3 games had an unsustainable model,” Migliero said via an email. “They required assets that widely fluctuated in price to access the core game. Their economies generated over inflated token supplies, and the tokens didn’t have enough utility sinks. This resulted in a user base seeking largely to profit instead of having fun. They also delivered simple, shallow gaming experiences.”

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