Posted 1 minute ago In ~ Bankrupt cryptocurrency company Genesis Global Holdco and the New York Attorney General’s Office have reached a settlement after being sued last year for allegedly defrauding New Yorkers of more than $1 billion.Genesis Global Holdco filed a motion Thursday in the U.S. Bankruptcy Court for the Southern District of New York asking a judge to approve the settlement. “After months of intense negotiations, the Debtor and NYAG have reached a resolution to the NY Action,” Genesis said in a court filing.New York Attorney General Letitia James sued Gemini, Genesis and their parent company, Digital Current…
Author: Crypto Flexs
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F%$K Bad Research: I spent over a month analyzing a bitcoin mining study and all I got was this trauma response.“We must confess that our adversaries have a marked advantage over us in the discussion. In very few words they can announce a half-truth; and in order to demonstrate that it is incomplete, we are obliged to have recourse to long and dry dissertations.” — Frédéric Bastiat, Economic Sophisms, First Series (1845)“The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it.” — Williamson (2016) on Brandolini’s LawFor too long, the…
EigenLayer’s Total Value Locked (TVL) increases to nearly $6 billion. This surge represents a 170% increase from $2.15 billion since February 5, based on DeFiLlama data. This growth of approximately 2.3 million ETH represents approximately 2% of the total circulating supply of ETH. TVL’s surge has catapulted EigenLayer into TVL’s top five DeFi protocols, ahead of Uniswap and behind giants like Lido, Maker, Aave, and JustLend. EigenLayer’s TVL on DeFiLlama is $5.851 billion. This significant increase follows EigenLayer’s decision to temporarily lift deposit limits, which were previously set at 200,000 ether ($500 million) for each liquid staking token. EIGENLAYER TVL…
Despite the poor performance of ETH price over the past year, Ethereum staking is increasing. Liquid staking protocols such as Lido Finance have seen the amount of ETH being staked continue to grow, and as a result of the continued interest in ETH staking, the total supply locked to date has reached a new all-time high. . Currently, 25% of total ETH is staked. In an interesting event, the total percentage of ETH supply staked exceeded 25%. This was revealed by Lido Finance, who shared a screenshot of their Dune Analytics dashboard showing that the 25% mark has been reached.…
Binance Coin (BNB) price has recovered from its recent decline, surging 7% over the past seven days. However, BNB price predictions suggest a potential high of $480 in 2024. Pullix emerges as a hybrid DeFi protocol that connects decentralized and centralized exchanges. From the regulatory hurdles facing Binance to the price fluctuations of Binance Coin (BNB), the native token of Binance Chain, and the emergence of Pullix, the cryptocurrency community is witnessing a dynamic interplay of factors shaping the future of the industry. there is. In this news article, we look at recent BNB price movements, future BNB price predictions,…
A country rich in history, culture and natural beauty, Korea is an ideal destination for travelers seeking unique and unforgettable experiences. From bustling cities to tranquil temples and picturesque landscapes, Korea has something to offer every type of traveler. If you’re planning a trip to Korea, add these top 10 must-see destinations to your itinerary to discover the hidden charms of this vibrant country. 1. Seoul Seoul, the capital of South Korea, is a modern metropolis with a rich history and thriving culture. From palaces and temples to shopping districts and street food markets, Seoul offers a variety of attractions…
Binance announced plans to list its upcoming social Web3 gaming altcoin via its Launchpool platform. The leading global cryptocurrency exchange announced that the 46th Binance Launchpool project will be blockchain-based PIXEL. It is an open-ended game focused on farming and exploration. Launchpool allows users to produce new assets by staking their coins. Starting Friday, Binance users can earn PIXEL tokens by staking BNB and the stablecoin First Digital USD (FDUSD) in separate pools for 10 days. The exchange will then list PIXEL for trading on February 19th and apply a seed tag to the asset. Binance applies seed tags to…
We are very excited to announce that. Polygon Ecosystem Token (POL) Now available on Kraken for Canadian residents! Funding and Transactions POL funding and transactions occur in real time. Add POL to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit POL only at Polygon. Deposits made using other networks will be lost. Do you have a POL and Kraken account? ⤵️ POL is tradable on Kraken and Kraken Pro using the following parameters: LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amountpoleUS Dollar, Euro546.5 memo: Once liquidity conditions are met, trading will become available through the Kraken…
Bitcoin BTC +4.10% The price of the world’s largest digital asset briefly surpassed $1 trillion in fully diluted value on Friday as it topped $47,000 for the first time since March 2022. According to The Block’s price page, the price of Bitcoin rose 4.5% to $47,035 at 10:14 a.m. ET, bringing its total market capitalization to $931.5 billion. The fully diluted valuation, which measures the value of every Bitcoin ever mined, was $996.9 billion. Bitcoin price is up more than 5% in the last 24 hours. Image: Block.Currently, the global cryptocurrency market capitalization reaches $1.87 trillion. 4.7% In the last…
Tea Protocol Launches $250,000 Grants for Open Source Developers – Chainwire housenewsroomTea Protocol Launches $250,000 Grants for Open Source Developers 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 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 for…