Binance founder Changpeng “CZ” Zhao, who recently pleaded guilty to U.S. criminal charges and resigned as CEO of the cryptocurrency exchange, will be worth nearly $25 billion in 2023, according to the Bloomberg Billionaires Index. has increased.According to the index, Zhao’s estimated net worth is now more than $37 billion, making him the 35th richest person in the world. The significant fortune is derived from Zhao’s controlling stake in Binance, Bloomberg reported earlier today. Zhao also reportedly holds Bitcoin and Binance’s own coin, BNB, and these assets are not included in the index.Binance and Zhao plead guilty Last November, Zhao…
Author: Crypto Flexs
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When people think of technology, they think of a driving force that revolutionizes various aspects of the world. Finance is one of them, without the advancement of technology we would not have been able to receive bank transfers, wire transfers or credit cards.Nowadays, there are alternative payment methods that people can access through multiple devices. Cryptocurrency is one of them, and it is a widely used trading method for several reasons. We are one of the first industries to implement this.This is a sector that seeks to enhance the casino experience in several ways, one of which is providing fast…
we are A new wave of subsidies We fund formal research aimed at generating more knowledge about Ethereum, blockchain technology and related domains. We encourage academics, research centres, PhD students and anyone interested in Ethereum research to submit project proposals. This grant round has up to $750,000 in total available funding. Knowledge as Ethereum’s Flywheel Ethereum is transforming the way people view economics and finance, challenging cybersecurity in a new context, influencing art and culture, changing identities, and ultimately redesigning the status quo in various areas of society, creating tremendous impact. It continues to develop at a rapid pace. Academia…
The dollar index fell to ~101.43. The US Federal Reserve (Fed) is expected to begin cutting interest rates. However, the central bank authorities have not shared a tentative date or even a month for that matter. What further strengthens this belief is the fact that inflation rates are well controlled and inching closer to the established 2% interest rate. The likelihood of an interest rate cut increases in 2024. Analysts have also estimated that the cut could come as early as March 2024. The Fed will make the final decision and the chances of a rate hike are becoming slim.…
The decentralized finance (DeFi) space is filled with new projects that promise to be the next big thing. While established players like Solana (SOL) maintain their dominance, upcoming projects like Retik Finance (RETIK) are generating considerable excitement. With an ambitious roadmap, innovative features, and ongoing pre-sales, we’ve raised nearly $2 million in about 20 years. A few days later, Retik Finance is being positioned as a potential contender for a massive 2024, with some even speculating about a 100x pump. But is this hype justified? Let’s take a look at why experts and analysts are boldly claiming that RETIK will…
Security • December 26, 2023 9:58 PM EST Posted 1 minute ago In ~ On-chain trading platform Thunder Terminal has already been exploited by attackers today. send 86.5 ETH ($192,000) – Railgun, on-chain detective ZachXBT said On his Telegram channel.“No one’s private keys will be compromised,” Thunder said today. post After I said earlier Your funds are safe and your refund will be processed shortly. “Only 114 out of over 14,000 wallets were affected. Your funds will be safe going forward,” the Thunder said, adding that they stopped the offense in less than nine minutes.attacker called According to an on-chain…
A widely known cryptocurrency analyst and trader predicts that an unknown altcoin will almost triple in value. The analyst, known by the pseudonym Kaleo, tells his 612,400 followers on social media platform “The DOT (Polkadot) ecosystem as a whole is being torn apart. I grabbed my CELR bag to get some exposure. “We are looking for pressure away from this base range that has been building since the spring of 2022, similar to the moves we saw in early 2021.” Source: Kaleo/X Looking at his chart, the trader suggested that CELR could soon surge to around $0.0700. As of this…
October 23 Bitfinex Alpha | Bitcoin volatility comes as US interest rates are expected to remain higher for an extended period of time. Posted at: 12:09h On Bitfinex Alpha Posted by Tammy For over two months, Bitfinex Alpha has been predicting increased volatility, and recent events have confirmed these predictions. Bitcoin’s 24-hour volatility witnessed a stunning 1,200% surge in just nine hours on October 16 as the asset crossed the $30,000 threshold. On-chain indicators such as Spent Output Age Bands (SOAB) further support the notion of continued volatility in the coming months. Bitcoin’s surge from $28,000 to $30,000 on October…
While most people immediately associate artificial intelligence with tools for writing term papers or designing art projects, AI technology is being leveraged to push the boundaries of longevity and health. One company leveraging AI to achieve better health outcomes is St. Lucia-based Rejuve.First launched in 2018 by SingularityNET founder and CEO Ben Goertzel, Rejuve is a biotechnology company that aims to use artificial intelligence and distributed technology to help people live healthier lives.“AI allows us to process data at much faster speeds and in more complex combinations than if we had people just endlessly reading paper and everything,” said Rejuve…
Japan abolishes corporate tax on unrealized profits Businesses holding unrealized profits from cryptocurrency assets will no longer pay taxes on those assets from April 1, 2024. According to the latest news from local media, Japan is reportedly abolishing corporate tax on unrealized profits from cryptocurrency holdings. Japan revises cryptocurrency corporate tax law According to a news update, companies and institutions holding cryptocurrencies will not pay taxes on “unrealized profits” from April 2024. The cabinet approved the tax changes on December 22, local media outlet Nikkei reported. The new tax system will take effect on April 1, 2024, when Japan’s fiscal…