Peter Camboline, tThe former CEO of Systematic Alpha Management LLC (SAM) has been sentenced. He was accused of engaging in a fraudulent “cherry picking” scheme involving cryptocurrency futures contracts. In April 2023, the U.S. Commodity Futures Trading Commission (CFTC) charged Kambolin and SAM with running a scheme to allocate profitable cryptocurrency futures trades to in-house accounts and allocate loss-making or less profitable trades to clients. Indicted. The case highlights the growing scrutiny from regulators into practices in the world of cryptocurrency trading. Kambolin, a 48-year-old American-Russian national, pleaded guilty on Oct. 11, 2023, to conspiracy to commit merchandise fraud. He…
Author: Crypto Flexs
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A former employee of cryptocurrency trading firm LedgerPrime has launched a new hedge fund focused on liquid tokens.The fund, Christened Split Capital, was founded by LedgerPrime alumni Zaheer Ebtikar and Michael Churchouse, along with Nai Boonkongkird. Shiliang Tang, former Chief Investment Officer of LedgerPrime, serves as advisor. “It’s been a long time coming, but we’re excited to announce the official launch of Split Capital, our liquid digital asset fund,” said Ebtikar. Posted in On Friday. “The concept of Split Capital has been on my mind for many years and it has been a dream to finally see it come to…
Recently launched smart contract platform Manta Network suffered a distributed denial of service (DDoS) attack on January 18, the same day its governance token MANTA began public trading. Although the incident caused network congestion and delayed transactions, it did not significantly dampen enthusiasm for privacy-focused blockchain protocols. TLDR Manta Network suffered a DDoS attack on January 18, the day its governance token MANTA began trading. The attack caused network congestion and delays, but the funds were reportedly safe. MANTA price rose 25% after launch, quickly reaching a market capitalization of $550 million. Manta leverages zero-knowledge proofs for private DeFi and…
The SEC’s rapid response to the proposal signals a new avenue for trading.Nasdaq and Cboe Global Markets have quickly received approval from the U.S. Securities and Exchange Commission (SEC) for their proposal to begin trading options on a Bitcoin (BTC) exchange-traded fund (ETF). This development marks an important step in the evolution of BTC ETF trading, potentially opening the door to a wider variety of investment strategies.Forward-looking proposals from Nasdaq and CboeNasdaq’s proposed rule changes are aimed at listing and trading options on BlackRock’s iShares Bitcoin Trust, while Cboe has put in place trading options on exchange-traded products (ETPs) that…
A widely respected cryptocurrency analyst and trader remains bullish on an altcoin that has been hot for months. Analyst known by the pseudonym Altcoin Sherpa says His 205,800 followers on Web3 Project Internet Computer’s (ICP) social media platform X still have more upside potential. “ICP: Another coin that looks interesting in terms of setup, with the addition of a 4-hour 200-day exponential moving average (EMA) that has not been tested in some time in a bullish demand zone. I’m considering craving this.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that a bounce could occur if ICP holds…
January 18th What is XTP? Post time: 13:57h in education, tokens by admin Tap provides a seamless and intuitive platform to convert fiat to digital currency. Users can easily buy, sell, trade or hold over 50 cryptocurrencies by leveraging the platform’s smart routing system to ensure the best price. The platform focuses on security and provides industry-leading secure storage for digital assets. Tap facilitates instant, free money transfers within its network, simplifying the process of splitting bills and sharing expenses with friends and family. The platform also incentivizes the community by offering rewards for inviting new users. Tap is more…
Welcome to Halcyon, a breathtaking paradise! This hidden gem in the heart of the Caribbean is a haven for those seeking tranquility, natural beauty and adventure. In this article, we’ll take you on a journey to discover the secrets of Halcyon and why it should be at the top of your travel bucket list. The Beauty of Halcyon Halcyon is a place of incomparable natural beauty. Pristine white sand beaches, crystal clear turquoise waters, and lush tropical landscapes make this a paradise for beach lovers and nature lovers alike. Whether you want to relax on the beach, explore the vibrant…
The Dutch government has pledged significant investment worth €204.5 million ($222.07 million) in a significant step to strengthen its position in the rapidly developing field of artificial intelligence (AI). Announced on January 18, 2024, this strategic initiative is part of the Netherlands’ comprehensive approach to leverage the power of generative AI systems, including advanced technologies such as: ChatGPT. Contextualizing this situation, the European Union reached a political agreement on a risk-based model for AI regulation in December 2023. Although some details are not yet finalized, the Dutch government has been proactive in adopting the essence of the EU’s landmark AI…
friend, The state of the Ethereum ecosystem has been electric since the last Devcon announcement. We have achieved significant milestones on the Eth2 roadmap, as well as numerous innovations and major advances from teams across the ecosystem. We are very excited to celebrate these achievements with all of you at Devcon coming soon to Bogotá. However, rather than pursuing our August goal (☔️✔), we have made the difficult decision to postpone the reunion a little longer, so we need to talk about the timing. Although we cannot guarantee anything given the ongoing pandemic, we hope that an announcement of a…
NEAR Foundation announced the merger of NEAR DA and Polygon CDK. The goal of technology integration is to deliver the benefits of cost-effective data availability to rollups, especially during times when data publishing costs are at their peak. nearby It was chosen for efficiency and strong data availability. Data Availability is purpose-built to help developers simplify network architecture and reduce overall costs. Polygon CDK, on the other hand, was chosen for the level of simplicity it provides to developers who want to design L2 chains with their own configuration set. In the official announcement, NEAR DA A complete, ready-to-use modular…