In the filing, his attorneys argue that Salame’s role at the shuttered company was more focused on operations than fraud. They also cited his cooperation with authorities, his genuine remorse, his efforts to address his substance abuse problems, and the significant personal and financial loss he had already suffered as a result of the exchange’s collapse.
Author: Crypto Flexs
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Binance Completes USDC Integration on Primary Network Binance, a prominent global cryptocurrency exchange, announced that it has successfully integrated USD Coin (USDC) into its base network. Now that the integration is complete, the exchange has opened the following deposits: stablecoin. Users can find their assigned token deposit address on the Binance platform. The smart contract address of the token on the underlying network is also provided. Deposit commenced, withdrawal scheduled USDC deposits are now possible on the Base network, but the exchange has stated that withdrawals will only be possible once sufficient deposits have been…
Altcoins have had a good six months, but this does not signal altcoin season. Bitcoin dominance chart shows accelerated gains in altcoin market capitalization. Bitcoin (BTC) has not been able to shake off its halving blues even though almost a month has passed since the incident. Market participants are eagerly awaiting upside for both BTC and altcoins. The altcoin season began in September 2023 and has been on a downward trend for the past six weeks. There is more to come in altcoins, but we have already seen significant returns in six months. How crazy can altcoin season get once…
In the cryptocurrency space, Dogecoin is showing a promising recovery, Polygon is setting records in network activity, while BlockDAG boasts significant progress and potential as the best cryptocurrency to mine. Celebrating its CoinMarketCap listing, BlockDAG also added to its reputation with a prominent appearance at London’s Piccadilly Circus. With the imminent release of the innovative X1 Miner app, BlockDAG It is poised to become a major choice for cryptocurrency investors by 2024. Polygon’s network activity peaks Polygon recently achieved a milestone of soaring daily active addresses to 1.4 million, demonstrating that user engagement and transaction volume are growing. However, despite…
While Ethereum (ETH) coin has established itself as a deflationary asset due to its widespread adoption in the altcoin market, Shiba Inu (SHIB) has also received similar favorable reviews by securing a high rank among meme coins. Is Rollblock, a new and innovative token possible? (RBLK)Is this coin closer to a deflationary asset than , which stands out in the presale of the GambleFi protocol? Let’s take a look at a new and innovative online gambling platform and see if it has the potential to succeed in the altcoin market. Rollblock (RBLK) aims to be the leading DeFi coin spot…
Ethereum price is aiming for an upward trend beyond the $2,900 level. To continue rising in the near term, ETH needs to settle above $2,900 and $2,940. Ethereum is forming a base above the $2,860 support area. The price is trading below $2,950 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming at resistance $2,905. If the price closes above the $2,940 and $2,950 resistance levels, the pair could begin a significant rally. Ethereum Price Eyes Fresh Increase Ethereum price struggled to settle above the $3,000 level and…
Hoak, anonymous contributor Solana brush -2.81% The underlying exchange, Cypher, admitted to embezzling and gambling protocol funds recovered from the exploit. Hoak appears to have withdrawn ETH, WSOL, BONK, and other cryptocurrencies from the repurchase agreement of Cypher, another Cypher contributor from Barrett, across 36 transactions. establish. The money taken from the repayment agreement totals $260,000, The Block calculated at current prices. Barrett said in a social media post that she had contacted law enforcement regarding Hoak’s dealings. “I know that nothing I say or do will make the situation better, short of rotting in prison,” Hawke wrote Tuesday. name.…
Stablecoin issuer Tether has frozen approximately 5.2 million USDT from addresses believed to be operated by phishing scammers. SlowMist, a blockchain analysis store reported Twelve Ethereum addresses with Tether (USDT) holdings disabled were involved in the freeze. Each wallet was labeled a “USDT banned address,” and SlowMist security researchers said the funds appeared to be associated with an on-chain criminal organization. Phishing is rampant in the cryptocurrency space, with malicious actors mimicking legitimate platforms or dapps to steal private keys and compromise wallets. Fraudsters continue to launch attacks, but security experts point out that users and platforms have developed strong…
Ethereum is under tremendous selling pressure, falling more than 30% from its March 2024 high. With prices recently falling below $3,000 and sellers doubling down, there may be no reprieve for optimistic buyers in the coming sessions. Analysts expect one more “failure” to $2,700. Let’s look at one analyst, X. note The coin is still in a downtrend and is moving inside a falling wedge. Traders predict that ETH will continue to fall below the immediate support level. ETH still weak | Source: X Analyst In the post, the trader predicted a potential “cleanse” of ETH, with the coin likely…
Fetch AI (FET), a renowned AI and blockchain platform, has unveiled BlockAgent, a groundbreaking advancement in blockchain monitoring. This innovative tool allows users to observe and monitor real-time blockchain activity to enhance strategic deployment in the Web3 ecosystem. Blockchain monitoring innovation through BlockAgent BlockAgent acts as an automated tool that collects real-time transaction data on your behalf and integrates it directly into your systems. This development represents a significant leap forward in blockchain observability. The tool is designed with an intuitive and customizable interface to address the needs of developers using smart contracts on various…