Charles O. Parks III, nicknamed “CP3O,” is accused of orchestrating a $3.5 million cryptojacking scheme targeting major cloud computing services. The U.S. Attorney’s Office for the Eastern District of New York unsealed the indictment on April 15, 2024. If found guilty, he could face up to 50 years in prison. The Nebraska cryptojacker had a lavish lifestyle funded by fraud. Parks, from Nebraska, allegedly defrauded two cloud computing service providers out of more than $3.5 million. Additionally, prosecutors say he used stolen processing power to mine nearly $1 million worth of cryptocurrencies such as Ethereum, Litecoin and Monero. The charges…
Author: Crypto Flexs
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closed. This question is off topic. We are currently not receiving a response. This question does not appear to be about Bitcoin within the scope defined in the Help Center. Whenever gambling is involved, money laundering, tax evasion and other crimes are inevitable. Will all companies developing Web3 games be better regulated? Or are they only looking for immediate benefits exposing many ordinary people to these risks?
Share this article Trust Wallet, a prominent cryptocurrency wallet provider, is recommending Apple users disable iMessage due to “reliable information” about a high-risk zero-day exploit targeting the messaging app.The company claims that the exploit, which is reportedly selling for $2 million on the dark web, can infiltrate and take control of iPhone users without them having to click on a link. 1/2: ⚠️ Warning for iOS users: We have reliable information about a high-risk zero-day exploit targeting iMessage on the dark web. Your iPhone can be infiltrated without even clicking on a link. You likely have a high-value goal. Each…
Cryptocurrency exchange OKX finally opened its Ethereum layer-2 network X-layer mainnet to the general public on April 15th.The scaling solution’s testnet was launched in November 2023 to rave reviews and was built with Polygon’s Chain Development Kit (CDK). This toolkit helps developers construct chains using zero-knowledge techniques.Haider Rafique, OKX’s chief marketing officer, explained that the company built a layer 2 network because it believes “the best way to achieve mainstream adoption is to help scale Ethereum, the largest existing Web3 community, instead of competing with it.” .As a result, the company wants to leverage the Polygon and Ethereum communities to…
According to a Bitfinex Alpha report this week, the significant decline in the supply of inactive bitcoins that haven’t moved in more than a year indicates that long-term holders are continuing to reduce their holdings or move assets off exchanges.“The fundamentals of Bitcoin price dynamics are this week’s halving. As the halving approaches, there has been a noticeable surge in Bitcoin on centralized exchanges and an 18-month supply of inactive Bitcoin that has not moved in more than a year has been reduced to low.” Go Bitfinex analysts said:The report added that the current behavior of Bitcoin holders is similar…
Expanding our series on Bitcoin Layer 2 solutions, today we will look at the Stacks blockchain DeFi app. Stacks is the leading layer 2 blockchain solution for Bitcoin, and many new DeFi apps are launching on this blockchain. Stacks has a token called STX, which is currently trading at $2.51 on several major exchanges. As these DeFi Apps on Stack (STX) grow in popularity, STX will see significant demand. Other Bitcoin Layer 2 solutions are also in development, but none come close to what Stacks has achieved. In any industry, it’s good to start early, but at the same time,…
Are you a crypto enthusiast looking to bolster your digital assets without investing your hard-earned cash? Well, you’re in luck! Crypto airdrops are the latest craze sweeping the blockchain world, offering users the chance to acquire free tokens or coins simply by participating in various promotional activities. In this comprehensive guide, we’ll delve into everything you need to know about crypto airdrops in 2024, from what they are to how you can hunt them down and maximize your gains. What Exactly is a Crypto Airdrop? In the ever-evolving landscape of cryptocurrencies, the term “airdrop” has become increasingly prevalent. But what…
Cryptocurrencies have introduced decentralized digital currencies into mainstream finance, enabling peer-to-peer transfers of value online without intermediaries. But beyond cryptocurrency trading or spending, innovations like staking are creating new opportunities to make money. passive income in your portfolio. Staking Farm By making it easy to participate in blockchain networks, we enable ordinary cryptocurrency holders to earn up to 26% annual returns on their idle assets. We’ll take a look at the basics of staking and why industry-leading Stakefarm can get you through the passive money door so smoothly.What is cryptocurrency staking?Cryptocurrency staking refers to the process of temporarily depositing cryptocurrency…
join us telegram A channel to stay up to date on breaking news coverage The Skale Network price prediction shows that SKL could continue to approach a critical support level as bears enter the market. Skale network prediction statistical data: Current Skale Network price – $0.096 Skale Network market cap – $475.2 million Skale Network circulating supply – 5.3 billion Skale Network total supply – 5.4 billion Skale Network CoinMarketCap Ranking – 135th SKL/USD market Main level: Resistance levels: $0.130, $0.140, $0.150 Support levels: $0.065, $0.055, $0.045 SKLUSD – daily chart As of this writing, SKL/USD is sitting at $0.096…
stc Bahrain and Aleph Zero partner to advance blockchain DePIN across the Gulf region – Chainwire housenewsroomstc Bahrain and Aleph Zero enter into partnership to advance blockchain DePIN across the Gulf region We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical…