Lawyers for Sam Bankman-Fried have criticized prosecutors’ proposed 50-year prison term as distorted amid accusations of fraud and conspiracy linked to the fall of his cryptocurrency empire. US prosecutors’ proposal to jail FTX founder Sam Bankman-Fried for up to 50 years is a ‘medieval view of punishment’ in filings that describe the disgraced cryptocurrency entrepreneur as a ‘depraved supervillain’ was adopted, Bloomberg reported. Bankman-Fried Attorney’s Written Response to the Offer. Nonetheless, prosecutors argue that a sentence of 40 to 50 years is warranted for Bankman-Fried’s involvement in a “historic” crime that targeted more than 1 million victims and caused more…
Author: Crypto Flexs
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The first version of the Light Ethereum subprotocol (LES/1) and its implementation on Geth are still in progress. not Although it is experimental, it is expected to reach more levels. mature Just say that basic functionality will be performed reliably in a few months. Light clients are designed to function much the same as full clients, but “lightness” has some inherent limitations that DApp developers cannot fulfill. must understand Take this into consideration when designing your application.. In most cases, a properly designed application can function without knowing what kind of client it is connected to, but we are considering…
BNB price rose further to over $600 before facing sellers. The price has corrected gains and is currently testing the important support at $500. BNB price began a downward correction at the $645 resistance zone. The price is currently trading near $515 and the 100 simple moving average (4-hours). There is a major bearish trendline forming on the 4-hours chart of the BNB/USD pair with resistance near $520 (data source from Binance). If it stays above the $500 support area, a fresh increase can be attempted. BNB price maintains support In our last BNB price prediction, we discussed the possibility…
The U.S. Securities and Exchange Commission (SEC) has postponed its ruling on Hashdex and ARK 21Shares spot Ethereum exchange-traded fund (ETF). Ethereum (ETH) enthusiasts have been closely watching these developments as the final deadline approaches. Chances of Ethereum ETF approval drop sharply The postponement, announced on Tuesday March 19, extends the decision period until the end of May. Specifically, the SEC set the final decision dates for ARK 21Shares and Hashdex as May 24 and May 30, respectively. The SEC stated that “the Commission has determined that it is appropriate to specify a longer period for issuing an order approving…
The Securities and Exchange Commission has postponed its decision on whether to approve Hashdex Nasdaq. Ethereum ETH -7.18% Exchange traded fund. If approved, the Hashdex ETF will hold spot ether and futures contracts. in To find out In a filing Tuesday, the SEC said it would extend the time it takes to issue a decision until May 30, 2024.“The Commission has determined that it is appropriate to specify a longer period for issuing an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised thereunder,” the SEC said.…
A cryptocurrency strategist who follows closely believes one Ethereum (ETH) rival is poised to more than double its gains this year. Pseudonymous analyst Altcoin Sherpa told his 211,900 followers on social media platform X that he thinks Solana (SOL) will hit a new all-time high this year. However, the cryptocurrency strategist is bullish on SOL for the long term, but expects the Ethereum rival to witness a decline before it starts a new leg. “There will probably be a decline in the $200 to $250 range. But I don’t know how deep it will go. I remain optimistic about this…
join us telegram A channel to stay up to date on breaking news coverage As Bitcoin experiences a slump following its all-time highs, some analysts are actively looking for new cryptocurrencies to buy and hold in the pre-halving phase. Although the market may decline for a short period of time, things are generally trending upward. This is especially true as Bitcoin may lose some of its dominance, creating room for more action in the altcoin market. Meme coins like PEPE and BONK are experiencing notable surges, suggesting growth potential across the market. Given all this, it’s important to think about…
Saga Announces Saga Origins Game Publishing Division at GDC 2024 – Chainwire housenewsroomSaga Announces Saga Origins Game Publishing Division at GDC 2024 We use cookies to make Chainwire’s website a better experience. 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 a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary…
At Tuesday’s Game Developers Conference, layer-1 blockchain network Saga announced the creation of a new game publishing division called Saga Origins. They also revealed their new mainnet launch target. Airdrop claims continue recently.The publishing division will provide a “full service and collaborative approach” to bring games to market, including user acquisition, community building and promotional activity support. Saga has been featuring games for the network like Rogue Nation, but no games have been announced for the label yet. another world At GDC this week.The company said Saga Origins is “the first and only layer 1 Web3 game publisher,” according to…
Over the past few years, cryptocurrencies have taken the financial world by storm. Bitcoin, Ethereum, and many other digital currencies have captured the imagination of investors and technologists alike. However, a new player has emerged trying to disrupt the status quo. This is ShrekCoin. What is Shrek Coin? ShrekCoin is a decentralized cryptocurrency based on blockchain technology. It was created with the goal of providing a more transparent, secure and efficient way to transfer value between individuals. A unique feature of ShrekCoin is its mascot, Shrek, the lovable monster from the popular animated film series. How is ShrekCoin revolutionizing the…