The Commodity Futures Trading Commission (CFTC) has indicted cryptocurrency exchange Debiex on charges of misappropriating $2.3 million through a romance scam. The CFTC’s complaint, filed in U.S. District Court in Arizona, accuses Debiex and an individual, Zhāng Céng Yáng, of engaging in a fraudulent practice known as “pig slaughter” to defraud investors. According to the CFTC, as of March 2022, executives and/or managers of Debiex allegedly fostered friendly or romantic relationships with potential customers. They reportedly conveyed lies to gain the trust of these individuals and then encouraged them to open and fund trading accounts on Debiex. This plan is…
Author: Crypto Flexs
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The challenges associated with physical work and delayed payments, as discussed in the construction and logistics industries articles, might not be as directly applicable to industries with less physical movement. However, the principles of instant settlement and the removal of intermediaries can still bring efficiency and innovation to various sectors. The advantages of instant settlement, such as reduced transaction fees, faster payment processing, and increased transparency, can positively impact industries beyond the physical realm. Whether it’s in the realm of digital services, intellectual property, or other sectors that are already dematerialized, the application of instant settlement principles can streamline transactions…
Over the past 30 days, Polygon’s volume, revenue, and fees have all declined. MATIC’s momentum has been weak and another downtrend could be imminent.. According to a post shared by Artemis, the 30-day daily trading volume on the Polygon (MATIC) network has decreased by 31.7%. Cryptocurrency measuring terminals show Polygon’s trading volume as of January 18 was $3.35 million. But Polygon wasn’t the only project to suffer such decline. Solana (SOL), BNB Chain, etc. also belonged to the same group. The daily trading volume for the past month is as follows: 📊 1. Solana: 22.7 million2. Tron: 4.8 million3. Six…
This question doesn’t have much logic from a “reality” perspective, it’s more theoretical about whether and in what cases something can be part of a consensus rule. The consensus rule knows that only what all nodes see equally is possible. That is, at every point in time, every node must reach the same conclusion about some chain (valid or not). I wonder if the hash of some set of UTXOs could be part of the header and consensus rules. I have two questions related to this: Is it possible to set up a consensus rule that requires that some hash…
Bitcoin BTC +0.26% Cumulative trading volume for 11 new spot ETFs exceeded $15 billion in six days of trading, hitting $41,000 for the second day in a row.The world’s largest cryptocurrency by market capitalization fell 1% to $41,065 at 1:17 PM ET, according to data from The Block. Yesterday it fell below $41,000 for the first time in over a month.Price volatility in the last 24 hours There was a liquidation of approximately $87 million in leveraged Bitcoin. The majority (more than $74 million) are long positions. Bitcoin fell below $41,000 for two days in a row. Image: The Block’s…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Litecoin may be undervalued NuggetRush Pre-sale Now Available NUGX may rebound after launch Spot Bitcoin ETFs did not have the desired impact on the cryptocurrency, but BTC briefly rose above $48,000. However, Litecoin (LTC) has yet to take profits. Meanwhile, more attention is being paid to the ongoing Nugget Rush (NUGX) pre-sale. This project combines memes and utility. NuggetRush is optimistic NuggetRush offers a unique combination of gaming utility and meme culture. NuggetRush, a play-to-earn (P2E) meme coin, combines…
A Colorado pastor and his wife were embroiled in controversy this week after they were accused of embezzling millions of dollars through cryptocurrency tokens they sold to devout Christians and claimed were created with God’s instructions.Denver-area pastor Eligio “Eli” Regalado and his wife Kaitlyn reportedly raised about $3.2 million through the sale of INDXcoin, a cryptocurrency token issued through their online church, Victorious Grace.Earlier this week, the Colorado Securities Commissioner sued the couple, claiming they defrauded investors and illegally sold securities without proper registration. On Thursday, a Colorado judge froze Victorious Grace Church’s assets based on these claims.According to legal…
As 2024 approaches, changes are occurring in the cryptocurrency market. Ambitious newcomer Pandoshi (PAMBO) is generating a lot of interest among cryptocurrency enthusiasts with its new approach to decentralized finance. This interest is a sign that Pandoshi may soon surpass the popularity of Dogecoin (DOGE), the long-dominant meme coin. Promising features of Pandoshi At first glance, Pandoshi may resemble the latest meme coin riding a wave of hype. But what it looks like is a decentralized ecosystem built on principles of financial privacy, security, and community governance. Pandoshi’s backbone is a layer 2 network running on a sustainable proof-of-stake protocol,…
dYdX Beats Uniswap, Bitcoin Outlook DourAnalysts at Coinbase predict that Ethereum (ETH) could see significant growth in 2024, driven by hopes of listing a spot ETH ETF. Following the recent approval of the Bitcoin ETF in the United States, ETH reached its highest price since May 2022. Companies like BlackRock and VanEck, which backed the BTC ETF, are planning similar products for ETH. Additionally, Ethereum’s upcoming Dencun upgrade to improve scalability is expected to pique investor interest. ETC Group’s annual report also indicates an optimistic outlook for Ethereum, citing its continued dominance in DeFi and the potential for increased returns…
join us telegram A channel to stay up to date on breaking news coverage Solana prices fell It has risen more than 6% in the last 24 hours and is trading at $94.50 as of 23:30 PM ET. SOL is expected to outperform ETH. Despite the sharp decline on the bear trading day, Jan Happel and Yan Allemann, co-founders of cryptocurrency analytics firm Glassnode, predicted that SOL could outperform ETH by up to five times in the coming bull market. In the we all watched @HenrikZeberg and @RaoulGMI keep talking @cryptomanran A joke show about the SOL-ETH ratio. They both…