New York Attorney General Letitia James has expanded the state’s lawsuit against Digital Money Group, tripling the estimated size of the alleged fraud to more than $3 billion.After the continued investigation, James Secretariat said it learned more investors had been defrauded, resulting in an additional $2 billion in lost assets. name It was released on Friday. The lawsuit hinges on a cryptocurrency lending program called Gemini Earn. “Initial lawsuits primarily focused on the losses suffered by individual investors participating in the Gemini Earn investment program, but as complaints mounted, the complex nature of the fraud revealed that other investors who…
Author: Crypto Flexs
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Matthew Dixon, founder and CEO of Evai Crypto Ratings, expressed optimism about Solana’s future. price outlookWe anticipate new bullish targets for cryptocurrencies. CEO predicts Solana’s optimistic outlook In a recent post on Cryptocurrency CEO indicated Solana’s ongoing price correction, identified as “Wave 4 (blue)” on the price chart, is not yet over and further declines are expected. He predicted that the ongoing fourth wave (blue) would reach price levels similar to Solana’s previous price corrections, albeit to a lesser degree. CEO Evai also expects Solana to experience: price rise yet again. Previously, Solana had seen a near-big surge. exceeded $125…
A technological upgrade that is drawing much attention and anticipation. Ethereum Denkun Upgrade It is now expected to be launched on the network’s mainnet within a month. Ethereum Dencun upgrade will begin in a month After Dencun was successfully deployed on the Holesky testnet on February 7, ETH developers decided on a date and shared information about Geth v1.13.12, also called Edolus. The Ethereum Dencun upgrade, which will introduce Proto-Danksharding and Blobs, is scheduled to be released on March 13th. Proto-Danksharding aims to increase block space on Ethereum layer 2 by implementing blob-forwarded transactions. A transaction passing a blob is…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEMalljj is a fraudulent cryptocurrency DApp and investment platform that investors should avoid.Cryptocurrency Advisor There have been reports of several people falling victim to…
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 $1 billion.Genesis Global Holdco filed a motion Thursday in the U.S. Bankruptcy Court for the Southern District of New York asking a judge to approve the settlement. “After months of intense negotiations, the Debtor and NYAG have reached a resolution to the NY Action,” Genesis said in a court filing.New York Attorney General Letitia James sued Gemini, Genesis and their parent company, Digital Current…
F%$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…