Cred’s co-founder and former CEO Daniel Schatt, former CFO Joseph Podulka, and former chief capital officer James Alexander were indicted by the U.S. Attorney’s Office for the Northern District of California. Schatt and Podulka were arrested and made their first appearance in a San Francisco court earlier in the day, according to a press release issued Friday.
Author: Crypto Flexs
Read More
Policy • May 3, 2024, 11:58 AM EDT Posted 1 minute ago In ~ The Securities and Exchange Commission said it will take more time to determine next steps for a proposed exchange-traded fund focused on carbon emissions futures contracts and bitcoin. In a filing Thursday, the agency said it would decide “to approve or disapprove or initiate proceedings” for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF by June 24, 2024.“The Commission has determined that it is appropriate to specify a longer period for taking action on the proposed rule change to allow sufficient time to consider the…
On-chain data shows that many older coins have recently moved out of the XRP network, a sign that turned out to be bearish for the coin last time. XRP tenure consumption metrics recorded a significant surge. According to data from on-chain analytics firm st tlyXRP has just observed a large-scale movement of dormant coins, similar to what the asset witnessed last month.advertising The metric of interest here is “age period,” which, as defined by Santiment, represents “the amount of tokens changing addresses on a given day multiplied by the time since they last moved.” A high value of this indicator…
Shiba Inu (SHIBA) It is one of the most talked about digital assets that has gained popularity amid recent rapid market fluctuations. This move presents a unique investment opportunity for cryptocurrency enthusiasts and investors.Thanks to community hype, the dog-themed meme coin has a huge following and is currently experiencing a huge price surge. But every Shiba Inu investor wants to know: “What does the future hold for SHIBA after 2024?”This article provides expert predictions on the expected trends and price action trajectory of SHIBA that may shape the meme coin market in the future.What is a Shiba Inu (SHIBA)?An anonymous…
Edward Snowden, the former U.S. National Security Agency contractor charged with espionage after leaking classified information, had a busy day on the It seemed like it was pouring out . He became the world’s richest man from South Dakota. Snowden, an outspoken whistleblower who lived in a Russian asylum until he was granted full citizenship in Russia in 2022, gained media attention following his whistleblowing incident. He now has celebrity status, especially in some tech-based communities, and is well known for speaking on topics related to freedom and privacy. Elon MuskElon Musk, another high-profile technologist known for speaking on issues…
Cryptocurrency fraudsters successfully stole a whopping 1,155 packaged Bitcoins using techniques to trick users into malicious transactions. Cryptocurrency users lost more than $69.3 million in Bitcoin (WBTC) wrapped in an address poisoning attack on May 3, according to blockchain security provider CertiK. The attacker first mirrored a 0.05 Ethereum (ETH) transfer and then stole WBTC. transaction. On-chain investigator ZachXBT and cryptocurrency security provider Cybers confirmed the news. Cybers CTO Meir Dolev said the incident may be the “highest value lost due to address poisoning fraud” to date. In address poisoning scams, victims are given similar wallet addresses and tricked into…
As the cryptocurrency landscape fluctuates, the long-running Ethereum vs. Bitcoin rivalry comes into greater focus, with notable performances from Cosmos (ATOM) and BlockDAG. While Ethereum and Bitcoin struggle with power dynamics, Cosmos is suffering from a decline in market value. In contrast, BlockDAG We are making a difference in the cryptocurrency space with significant financial growth, innovative payment options, and a powerful 30,000x return on investment (ROI). Ethereum and Bitcoin: Continued Competition Despite Market Fluctuations The competition between Ethereum and Bitcoin continues to shape the cryptocurrency market. Recent trends indicate that a power shift is coming as Ethereum shows resilience…
Dogecoin (DOGE) price rose today as the broader cryptocurrency market underwent a sharp recovery.DOGE price rose more than 5% in the last 24 hours, reaching an intraday high of $0.1409 on May 3, outperforming the cryptocurrency market, which rose about 3.63% during the same period. The price of MEMCOIN follows the recovery of Bitcoin (BTC), which is up nearly 8.34% over the past two days.DOGE/USD daily chart. source: TradingViewLet’s take a closer look at the most likely reasons behind Dogecoin’s recent rally.Dogecoin Outstanding Interest Weighted Funding Ratio Flips PositivelyAccording to data from Coinglass, DOGE’s open interest (OI) funding ratio flipped…
index Grand Cayman, Cayman Islands, May 3, 2024, ChainwireProtocol launches, growth trajectory, and industry-leading technology will bring further success in the future.On the one-year anniversary of Sui’s mainnet launch, the Sui community is celebrating a groundbreaking year that saw it grow from a nascent ecosystem to the top tier of layer 1 blockchains, attracting high-profile partners, and introducing a variety of technological innovations along the way. Ahead of its 2023 launch, the conversation surrounding Sui has reached a level of excitement unmatched by any chain launched since. Sui’s one-year anniversary marks the culmination of incredible milestones the network has achieved…
LayerZero Labs appears to have nothing to do with excessive airdrop farming or Sybil activities. “We believe it is in the best interest of the protocol to distribute tokens to durable users rather than civil farmers,” the developers said. Posted in On Friday. To curb the harm of Sybil activities Layer Zero Labs Incentives were also presented. “We are offering all Sybil users the opportunity to self-report within the next 14 days in return for 15% of their intended quota, no questions asked,” he added. LayerZero Labs is a developer of cross-chain communication protocols. On Thursday we completed our first…