A US district judge has halted Binance CEO Changpeng Zhao’s return to the UAE, citing the risk of him not returning before his February sentencing for financial violations. A federal court in Seattle has halted former Binance CEO Changpeng Zhao’s application to return to the UAE. The decision to temporarily ban Zhao from leaving the United States until he is sentenced in February overturns an earlier ruling that had allowed him to return to the UAE. When JPM was caught facilitating the human trafficking trade, did its CEO go to jail?i don’t think soI am not saying that Binance or…
Author: Crypto Flexs
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A new alternative to ChatGPT, a popular artificial intelligence (AI) chatbot, has just been deployed on Cardano (ADA) blockchain. team behind Cardano GPT A project building blockchain-centric AI products has revealed that its first internet-based generated chatbot, called Girolamo, is currently in beta stage. AI is named after the Italian polymath Girolamo Cardano, one of the most influential mathematicians of the Renaissance. “We are excited to announce that Girolamo, our cutting-edge AI-powered general knowledge chatbot, has officially entered beta phase and is currently in testing! “This is an important milestone in our journey to be at the forefront of the…
Posted 1 minute ago In ~ Alternative Ethereum virtual machine chains, including Avalanche, Celo, Fantom, Polygon, and BNB Chain, have seen a surge in transaction numbers since mid-November, according to The Block’s data dashboard. Phantom recorded the highest growth rate of 1,321%, with trading volume increasing from 239,920 on November 17 to 3.41 million on November 26. Sello increased by 1,277% in just four days from 277,500 on November 22 to 3.82 million on November 26. . Polygon was up 155% from November 14 to November 26, and Avalanche was up 857% from 321,900 transactions on November 18 to 3.08…
Lightning is destiny. Ordinals’ high fees have killed any hope of scaling Bitcoin non-custodially. There is absolutely no possibility for people to cost-effectively open channels or enforce payment interruptions on-chain when needed. It’s all over. Get it all together, guys. Since you can’t afford to do it yourself on-chain in a high fee environment, it’s time to start shopping around and decide whether Coinbase or Cashapp is a better platform for all your Bitcoin needs.It was fun while it lasted. Lightning art sites will always have pixelated dick pics. The lightning torch meme would still have a quick pout even…
The U.S. Securities and Exchange Commission (SEC) has extended the schedule for approval of Bitcoin and Ethereum exchange-traded funds (ETFs). Applicants for these ETFs are currently awaiting a final decision, expected in 2024.SEC’s deferred review process extends until 2024The SEC has postponed the approval process for spot Bitcoin and Ethereum futures ETFs. On November 15, the committee applied for an extension, saying it needed more time to thoroughly review the application and related issues. “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…
Credit card processor Checkout.com cut ties with Binance due to AML issues. Forbes reported in a report published on August 18 that Binance is reportedly considering legal action. Binance recently announced the closure of Binance Connect, its regulated buying and selling cryptocurrency division. UK-based payment processor Checkout.com, which was one of Binance’s largest payment partners, has reportedly ended its relationship with the giant cryptocurrency exchange. report published Forbes reported on August 18 that the London-based company informed Binance of the move this week after sending letters on August 9 and 11. In the letter, Checkout.com cites various regulatory actions against…
Ethereum co-founder Vitalik Buterin outlined an ambitious set of proposals for the Ethereum network focused on solving critical problems such as centralizing staking, increasing scalability and security. In an interview with Turkish NFT platform Defiant, Buterin emphasized the need to overhaul Ethereum’s staking mechanism to improve decentralization. “We need to foster healthier staking pools,” he emphasized, adding that one of the biggest changes “is the realization that something needs to be done about centralizing staking, and the current state of the various pools (…) is not very healthy, and I think there is a big opportunity to redesign the staking…
The new Binance CEO revealed that Binance will begin operating a traditional corporate structure under his leadership. New Binance CEO Richard Teng promised that the company would maintain a greater commitment to transparency going forward. Teng made this promise in his first blog post addressed to the company’s users. Mr Teng took over as CEO after Changpeng Zhao (CZ) pleaded guilty to money laundering and sanctions violations. CZ was asked to resign from the company as part of a $4 billion criminal settlement with the U.S. government. Before taking on the CEO role, Teng was a former regional market leader.…
I was about to go to bed when I saw this Twitter video. I wonder where humanity has gone. I’m looking at this and trying to understand everything, but I can’t find the answer to all of this… Who is Richard Medhurst? Richard Medhurst is a British-Lebanese independent journalist, political commentator and presenter. He received attention for his works that address a variety of political and social issues, including Middle Eastern geopolitics, corporate power, and global issues. Richard Medhurst is known for his critical analysis and perspectives on contemporary events and often shares his insights through videos and interviews. Watch…
money A financial technology company that aims to make digital currencies accessible, secure and simple to transact. It is the first electronic money institution (EMI) licensed to issue fiat currency on the blockchain. Monerium is approved in 27 European Union member states, Iceland, Liechtenstein and Norway. Monerium leveraged Ackee Blockchain to conduct a security review of the Monerium protocol with total time donations. 12 engineering days in the period between June 15 and July 4, 2023. Cryptocurrency Regulations Monerium EMI ehf. Authorized and regulated as an electronic money institution under Iceland’s Electronic Money Act No. 17/2013, which implements the European…