Patricia Technologies arrested on charges of stolen funds, tracking politicians, laundering over $60,000 in cryptocurrencyNigerian law enforcement agencies have arrested politician Wilfred Bonse for his alleged involvement in the laundering of digital assets stolen from cryptocurrency exchange Patricia Technologies. The arrest follows the theft of $2 million worth of digital assets from Patricia in May. Bonse was accused of fraudulently transferring more than $60,000 in his stolen funds into his own bank account.Patricia praises law enforcement and the CEO emphasizes relief for users.Reacting to the arrests, Patricia Technologies CEO Hanu Fejiro commended the efforts of Nigerian law enforcement agencies. The…
Author: Crypto Flexs
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As controversy continues surrounding cryptocurrency media Bankless and its associated decentralized autonomous organization (DAO), BanklessDAO, Bankless’ founders have proposed separating the brand from the DAO.Bankless co-founders David Hoffman and Ryan Sean Adams plan to submit a governance proposal to BanklessDAO to separate the two companies. The co-founders took toHello CTTo lead with the obvious, we can better accept criticism of: @BanklessHQ. I value Bankless very much and have natural reflexes to protect Bankless when I see him being unfairly attacked. This clouded my ability to hear what CT was trying to tell me. pic.twitter.com/7L5ufQ1bAu— DavidHoffman.eth (@TrustlessState) November 26, 2023 Hoffman…
November 16th The documentary “Don’t Trust…Verify” premiered at the Bitcoin Adoption Conference in El Salvador, and the Bitfinex Freedom Statement was subsequently approved. Posted at 16:12h From media materials Posted by Elodie Jallet Road Town, British Virgin Islands, November 2023 – In a powerful affirmation of its commitment to the principles of financial inclusion and freedom of expression, a lineup of prominent Bitcoin leaders officially endorsed the Bitfinex Freedom Statement at the annual event. Bitcoin Adoption San Salvador Conference. The statement, co-authored by Paolo Ardoino, Bitfinex’s Chief Technology Officer (CTO), declares Bitfinex’s commitment to supporting technologies and policies that promote…
Posted 1 minute ago In ~ Decentralized exchange protocol KyberSwap recently lost $4.67 million in funds due to a security attack. Last week’s hack resulted in a loss of $47 million from Kyber’s centralized liquidity pool.Part of the fund recovery was completed yesterday through negotiations with a leading bot operator who extracted approximately $5.7 million in cryptocurrency from KyberSwap pools on the Polygon and Avalanche networks during the hack. said. The bot operators agreed to a deal that would return 90% of the funds they took to a designated KyberSwap address on the Polygon network and offer a 10% bounty…
HOLD Token Listing on Bitget: Powering Futures Trading with Holdstation – Chainwire housenewsroomHOLD Token Listing on Bitget: Powering Futures Trading with Holdstation 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 expressly 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…
Coinbase’s registration with the Bank of Spain marks an important step forward in its mission to provide secure and compliant cryptocurrency services to users around the world. The registration allows Coinbase to offer its full suite of products and services to retail and institutional users in Spain. Spain is the EU member state that recently adopted the Markets in Crypto Assets (MiCA) regulation. Coinbase, a leading cryptocurrency exchange and custodial wallet provider, announced on September 22 that it has achieved a significant milestone in its global expansion strategy by securing anti-money laundering (AML) registration with the Bank of Spain. This…
As a member of the EEA, Coin change Part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, EEA interviews Jérôme Ostorero, Director of Research and Risk at Coinchange, about how the organization contributes to the Ethereum business ecosystem. Please introduce your company and yourself: My name is Jerome Ostorero. I have been working in the cryptocurrency industry for 5 years and currently serve as Director of Research and Risk at Coinchange. Coinchange is a quantitative asset management platform with a structured yield portfolio, allowing users to earn passive income on…
Yearn Finance’s governance token YFI continued its winning streak as its price entered Thursday’s session with a weekly gain of around 30%. The YFI/USD rate surged early in the European session, reaching $31,884 before falling due to profit-taking sentiment. This is the second attempt to break the $30,000 level in the last 24 hours. Nonetheless, YFI appears oversold after a near-parabolic rebound from its quarterly low of $7,015. This corresponds to a downward correction or consolidation unless the trend is neutralized to provide traders with a stable buying level. From a technical perspective, we find that YFI is providing two…
FTX sued Sam Bankman-Fried’s parents. Founder and former CEO Sam Bankman-Fried fraudulently gifted millions of dollars to his parents, according to the collapsed cryptocurrency exchange’s bankruptcy estate. FTX seeks to recover $10 million in cash gifts and $16.4 million in property in the Bahamas. Bankrupt cryptocurrency exchange FTX has sued Allan Joseph Bankman and Barbara Fried, the parents of former FTX CEO Sam Bankman-Fried. According to details filed in court, FTX aims to recover millions of dollars fraudulently gifted to Bankman-Fried’s parents by the collapsed cryptocurrency exchange. FTX aims to recover $26.4 million. According to the FTX bankruptcy estate, SBF’s…
Bitcoin (BTC) is starting a new week with traders speculating it will be near its highest level in 18 months. What are the next steps? BTC price held higher after surging above $38,000 last week, but since then a testing “fine range” has kept bulls and bears locked in battle. Whether a deeper retracement will come or a trip to $40,000 will leave the contrarians behind is now a key near-term question for market participants. Over the next few days, there will be a variety of potential catalysts that will help influence the emergence of a trend in Bitcoin, and…