The founder of ACE Exchange, one of Taiwan’s largest cryptocurrency exchanges, was arrested Wednesday on charges of orchestrating fraud, local media outlet Liberty Times reported. Police seized at least NT$200 million ($6.4 million) worth of illegal profits.ACE founder David Pan has reportedly been arrested along with 13 other suspects on fraud charges. According to the report, Fan and co-conspirator Lin are accused of working together for three years, using false advertisements on social media to lure investors into investing money in worthless cryptocurrencies, including MOCT.Police raided several locations in Taiwan on Wednesday, including the ACE Exchange office, and seized ₩111.52…
Author: Crypto Flexs
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This issue Confirmed It is devoted to recent contextualization. published paper We describe three possible attacks against Ethereum’s proof-of-stake algorithm. tl;dr This is a serious attack that has been formally analyzed and has technically simple mitigations. Fixes will be released before the merge won’t Delay the merge timeline. Forkchoice attacks, mitigations and timeline There has been quite a bit of talk around the new recently. published paper It was co-authored by the Stanford team and some EF researchers. The paper revealed three active and reconfiguration attacks on the consensus mechanism of a beacon chain. without It provides some relief or…
Ethereum Classic (ETC) is a decentralized platform for running smart contracts, applications that run exactly as programmed without the possibility of downtime, fraud, or third-party interference. Launched in 2015, Ethereum Classic quickly gained popularity and is now one of the world’s leading cryptocurrencies. What is Ethereum Classic? Ethereum Classic is the first Ethereum blockchain created as a result of a hard fork of the Ethereum network. The hard fork was the result of disagreement within the Ethereum community and resulted in the creation of two separate blockchains: Ethereum and Ethereum Classic. While Ethereum focuses on creating a decentralized platform for…
Whale movements around major cryptocurrencies have caused confusion. Retail interest in BTC eventually increased, but interest in ETH and XRP waned. The recent surge in cryptocurrency prices, which signaled an optimistic period for the cryptocurrency sector, has been followed by a downward trend, and whales appear to be at the center of these market events. whales move Whale behavior has played a significant role in the decline of major cryptocurrencies. In particular, just before the market crash, one whale deposited 3,100 Bitcoin (BTC) worth $140 million into Binance (BNB). The first 3,100 BTC withdrawn from HTX at $20,000 on October…
January 4th Notice to UK customers Posted at 14:04h announcement Posted by Tammy Bitfinex announced that in compliance with regulatory requirements, we have decided to remove the availability of our products and services for certain customers in the United Kingdom. We previously delivered that UK residents who create an account on the Bitfinex platform after November 1, 2023 will no longer be able to apply for personal account verification. This measure will remain in place. from now on, Bitfinex is no longer accepting certification applications. Enterprise UK residents (except those who meet the following definitions) High net worth companies, unincorporated…
Form 8-A filings filed by Fidelity, Grayscale, and VanEck indicate progress toward the widely expected approval of a spot Bitcoin ETF, although the SEC has not yet given approval. Grayscale Investments and VanEck filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) on Jan. 4, indicating that the securities have been registered with the watchdog. This is part of a process that will allow the issuer to eventually list its Bitcoin (BTC) ETF on an exchange, if approved by the SEC. The issuer of the Grayscale BTC Trust (GBTC), which holds about 620,000 BTC worth more than…
cryptocurrency exchange Binance Added “monitoring tag” to the list of cryptocurrencies, including privacy coins. Monero (XMR), Zcash (ZEC), Horizen (ZEN) and Firo (FIRO).In the announcement, Binance said tokens with the monitoring tag “exhibit significantly higher volatility and risk compared to other listed tokens” and are at risk of “no longer meeting listing criteria” and being delisted from the exchange.He added that tokens with monitoring tags are subject to regular review. Criteria considered during the review include trading volume and liquidity, network stability and security, “contribution to a healthy and sustainable cryptocurrency ecosystem,” as well as “responsiveness to regular due diligence…
The MRC Brain Network Dynamics Unit, in collaboration with the University of Oxford’s Department of Computer Science, recently published important discoveries in neuroscience. This discovery was published under the title “Research shows that the way the brain learns is different from the way artificial intelligence systems learn.” that much Researchers have identified a new principle in brain learning called “prospective organization,” which provides insight into the superior learning mechanisms of the human brain compared to artificial intelligence (AI) systems. Understanding Learning: The Human Brain and AI Traditional AI training, mainly based on backpropagation, adjusts model parameters to minimize output errors.…
In the ever-changing world of cryptocurrencies, cryptocurrency analyst CryptoWzrd expressed the following optimistic predictions: XRPWe highlight a potential bullish hammerfall for crypto assets. A Bullish Hammer for XRP Could Happen that much cryptocurrency analyst Recently using X (formerly Twitter) share Outlook on the entire cryptocurrency market. Analyst forecasts were made using XRP’s daily technical outlook. CryptoWzrd, clearly observing the charts, pointed out that XRP may be ready to form a bullish hammer. However, for this pattern to occur, a bullish candle must appear today, January 4th. Following the prediction, CryptoWzrd noted that the XRP/BTC chart is showing strength against weakness.…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Cryptocurrency enthusiasts are buzzing about the possible spot approval of a Bitcoin exchange-traded fund (ETF) in 2024, which they expect will have a positive impact on altcoins. Meanwhile, investors are paying attention to Caspar (KAS) and Incubeta (QUBE). InQubeta introduces new crowdfunding for cryptocurrency AI startups. InQubeta is integrating AI and cryptocurrency. InQubeta provides investment opportunities in AI technology startups through segmented NFTs sold on a peer-to-peer marketplace. This investment model allows investors to diversify their portfolio by purchasing…