Former FTX executive Ryan Salame is scheduled to be sentenced in prison on May 28 after pleading guilty in September. Judge Lewis A. Kaplan of the Southern District of New York is expected to rule on how long Salame will remain behind bars for making illegal political contributions at the direction of FTX founder Sam Bankman-Fried. Salame also pleaded guilty to conspiracy charges related to operating an unlicensed money transfer business at Alameda Research. Salame served as a straw donor to Bankman-Fried’s political lobbying efforts and made at least 300 donations to U.S. bipartisan campaigns, according to federal prosecutors. FTX…
Author: Crypto Flexs
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London, England, June 14, 2016 – The Ethereum Foundation is pleased to announce Microsoft as a premier sponsor of Devcon2, the Ethereum developer conference taking place in Shanghai from September 19-21, 2016. Showcasing the latest research and development work supported by the Foundation, Devcon2 also represents the most comprehensive Ethereum-focused developer conference to date. Vitalik Buterin, Chief Scientist at the Ethereum Foundation, said, “We are thrilled to receive Microsoft’s sponsorship of Devcon2 and are deeply grateful for Microsoft’s continued support and collaboration with the Ethereum Foundation and the Ethereum ecosystem. We look forward to continuing to work together in the…
Andreessen Horowitz (A16z) Crypto launches Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based layer 2 solutions and improved security for developers. To address the scalability challenges facing blockchain networks, A16z Crypto, the cryptocurrency-focused branch of investment firm Andreessen Horowitz, has unveiled Jolt, a zero-knowledge solution known as zkVM. This creative technology integrates Succinct Non-Interactive Arguments of Knowledge (SNARK) in an effort to expedite and simplify the blockchain scaling process. What is zkVM (Jolt)? Jolt is an innovative approach to building verified virtual machines using SNARKs. This provides significant performance advantages over current zkVM and allows developers to quickly…
Ethena (ENA) price surged more than 18% in 24 hours, reaching a high of $1.49, while most altcoins were struggling. Optimistic sentiments about new staking rewards for ENA holders could push ENA price higher. Ethena (ENA) traded at a record high of $1.49 on Wednesday, an all-time high that sees the recently launched cryptocurrency project rise to the top 50 cryptocurrencies by market capitalization. Ethena ranks 58th, according to data from CoinGecko.Day It is the largest with a market capitalization of $2.07 billion. At the time of this writing, the token was worth around $1.45, up 18% in the last…
Uniswap UNI -17.15% Labs said today that the U.S. Securities and Exchange Commission served Wells notice that a potential lawsuit would be filed. Naturally, the cryptocurrency industry interprets this as a serious attack.“This is the biggest problem, guys.” Posted Bankless co-founder Ryan Adams said of X: “Massive escalation from the SEC and the White House. Uniswap is a symbol of cryptocurrency decentralization. Instead of celebrating Hayden Adams as a generational entrepreneur, they take him to court. “The war on cryptocurrency is a war on the Internet.”While many teams building decentralized projects have chosen to avoid the United States, both in…
Cryptocurrency wallet company Keystone recently released Bitcoin-specific firmware for its most advanced device, the Keystone 3 Pro.Here you are! 📢 #Bitcoin Only the firmware release for Keystone 3 Pro is now available.New features including:- Supports Blue, Sparrow, and Nunchaku-Taproot support via Sparrow-XPUB QR code display-Bitcoin testnet support- Supports passphrase-Shamir backup support#Bitcoin… pic.twitter.com/KHk5Ia0SdB— Keystone hardware wallet丨Bitcoin only (@KeystoneForBTC) April 2, 2024 Keystone, which rebranded from Cobo Vault in June 2021, has been producing cryptocurrency wallets since February 2018. The company first released Bitcoin-specific firmware in 2020 and has now released a refined firmware version taking customer feedback into account.“From the beginning,…
Share this article The U.S. consumer price index (CPI) rose 3.8% annually, 10 basis points higher than economists expected. Currently, analysts are uncertain about how the Federal Reserve will approach interest rate cuts in 2024, which could directly impact the performance of assets such as Bitcoin (BTC).Despite a quick 2% correction after the CPI numbers came out, BTC made a sharp recovery, reclaiming the $70,000 price level and growing 1.8% in the last 24 hours.Moreover, according to a trader who identified himself as Rekt Capital, Bitcoin is stuck in a narrow price range in the short term, starting from the…
Bitcoin meme coin Pups rose 1,056% during the week, days ahead of the Bitcoin halving and simultaneous launch of the Runes protocol. Cubs started the week at $22.50 and surged 44% on Tuesday. With a peak supply of 7.7 million units, Pups’ market capitalization exceeds $365 million.According to CoinGecko, Pups (PUPS) is up more than 1,000% and is trading at $41.89, while the Ordinals inscription project, launched a year ago, is up 119,813.7% since the beginning of the year. Pups is Bitcoin’s first memecoin. Pups is Bitcoin’s first BRC-20 airdrop. Pups are migrating to runes using BRC20 and Ordinal pre-runes…
Stepn announced a $30 million token airdrop for its users. The company is distributing 100 million “FSL” points, which can be exchanged for GMT tokens at a 1:1 exchange rate through the Stepn Marketplace. The current value of GMT tokens is approximately $0.30. This points distribution is worth a significant $30 million. Stepn’s $30 Million Cryptocurrency Airdrop Shiti Manghani, CEO of Stepn, expressed the company’s commitment to giving back to its users. “Because we have a runway, we have stability as a business that can be returned to users. This year’s airdrop is the largest ever. It is given to…
Market • April 10, 2024, 3:28 PM EDT Posted 1 minute ago In ~ According to Policygenius research, Gen Z is more likely to own cryptocurrencies than stocks because they take a different approach to financial planning than previous generations. By 2024, approximately 18% of Gen Z will own stocks and 20% will own cryptocurrencies. Policygenius Financial Planning Survey It was released on Tuesday. For reference, 33% of Boomers own stocks and only 5% own cryptocurrencies.YouGov conducted a survey of 4,063 Americans ages 18 and older on behalf of Policygenius in mid-October. According to Policygenius, the average margin of error…