One of the main promoters of the Forcount cryptocurrency Ponzi scheme has pleaded guilty to conspiracy to commit wire fraud in New York.Juan Tacuri was at the forefront of a “Ponzi” scheme that embezzled $8.4 million from mostly Spanish-speaking investors around the world, the U.S. Attorney’s Office for the Southern District of New York said in a June 5 statement. . “Tacuri was one of the most successful promoters of this scheme and made millions of dollars through his participation in the fraud.”The scheme was based on false promises that investors would receive profits from Forcount’s cryptocurrency trading and mining…
Author: Crypto Flexs
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Bitcoin price began a significant rise above the $70,500 resistance level. BTC is showing positive signs and may gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its gains above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $70,600. A stabilization above the $72,000 level could provide bullish momentum. Bitcoin price gains strength again Bitcoin price remained stable above $69,500, extending gains. BTC was able to move…
Singapore, Singapore, June 5, 2024, ChainwireThe ambitious 2024 roadmap includes 8x improved throughput, zkAuth for Web2 Identity, and major grants.Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced its ‘Moonrise’ initiative based on a 2024 product roadmap that includes introducing parallel processing to improve throughput by 8x, ecosystem integration upgrades, and developer and user improvements. Experience, etc. Moonrise represents the next step in the evolution of Moonbeam and the canary network Moonriver, incorporating Axelar bridging technology.Over two years since its mainnet launch in January 2022, Moonbeam has firmly established itself as the leading solution for integrating networks…
Paxos International, a UAE-based entity of Paxos, has launched a yielding stablecoin called Lift Dollar (USDL), with Argentina as its first market.“USDL is issued permissionless on Ethereum and pays a daily programmatic yield to token holders based on reserve assets fully backing the total value of USDL in circulation,” Paxos International said on Wednesday.USDL is collateralized one-to-one against the U.S. dollar, holds only the “highest quality liquid assets” including U.S. dollar deposits, short-term U.S. Treasury bonds and cash equivalents, and is regulated by the Financial Services Regulatory Authority (FSRA). Paxos International of Abu Dhabi Global Market (ADGM) announced.USDL allows users…
Bitcoin Magazine’s The ‘10 Steps to Sovereignty’ series in partnership with Ledger is officially complete. Over the past few months, we’ve covered a variety of topics, from specific guides on how to manage and interact with Bitcoin securely and in its own sovereign way, to explanations of the fundamental properties that make Bitcoin a valuable and functioning asset and network. . . Now that the series is over, let’s revisit each article and the topics it covers. Step 1 | Understanding Bitcoin Keys: Bip39 Seed WordsIn this first article, we’ll look at how you actually manage the seed phrase used…
At COMPUTEX 2024, NVIDIA announced several cutting-edge RTX-based technologies aimed at improving AI performance for creators. According to the NVIDIA blog, the latest products include new AI laptops, advanced video tools, and an open source modding platform. New AI laptops and RTX technology NVIDIA has launched new AI laptops from ASUS and MSI, including the ASUS ProArt PX13 and P16 and the MSI Stealth 16 AI+ laptop. This laptop features dedicated RTX Tensor cores that significantly improve AI performance. It joins the existing lineup of over 200 RTX AI-accelerated laptops and is optimized for Windows…
VanEck wrote that Ethereum is disrupting the finance, banking, payments, marketing, advertising, social, gaming, infrastructure and artificial intelligence sectors. This prediction is also based on expectations that an Ether ETF will be approved and the company’s “reading of on-chain data.”
introductionBinance has announced a new trading tournament as part of its Binance World Championship plans. According to Binance, the tournament offers users the opportunity to share in rewards totaling 1,200,000 USDC by trading selected tokens during the promotion period.Promotion DetailsThe tournament promotion period is from 00:00 UTC on June 5, 2024 to 23:59 UTC on June 25, 2024. Users who confirm their participation on the tournament page and trade a total of 500 USD worth of eligible spot trading pairs from at least 3 projects will be eligible for the promotion.Participants will be ranked based…
Polkadot launches PolkaPort East in Hong Kong. Web3 Foundation provides a decentralized futures grant to PolkaPort East. The initiative aims to drive blockchain adoption in Hong Kong. As a major global financial hub, Hong Kong is becoming an important center for blockchain and cryptocurrency development. As China tightens control over cryptocurrency activity on the mainland, Hong Kong is emerging as a hub of innovation and opportunity. To capitalize on this trend, Polkadot launched PolkaPort East. The initiative, supported by a grant from the Web3 Foundation, aims to promote decentralization and drive adoption in Hong Kong and China. Polkadot expands into…
In a market that has witnessed strong bullish momentum with several cryptocurrencies hitting all-time highs and experiencing price recoveries, the price of integration stage Over the past two months, after a brief surge in March to hit a yearly high of $0.7430. However, recent positive developments and announcements surrounding XRP and related blockchain payments company Ripple, combined with an interesting bullish pattern, have sparked speculation about a potential large investment. uptrend XRP price. Ripple expands with Clear Junction partnership. Recent Ripples exposed Through our partnership with Clear Junction, a global provider of cross-border payment solutions for regulators. According to the…