Bulgaria’s prosecutor’s office has closed its investigation into alleged money laundering at cryptocurrency lender Nexo, saying it has found no evidence of illegal or criminal activity. Prosecutors also added that they found no evidence of tax crimes or computer fraud against the defendant. Bulgarian Prosecutor’s Office closes investigation The Bulgarian Prosecutor’s Office announced that it was ending its investigation into cryptocurrency lender Nexo due to lack of evidence. According to a local news agency, the bureau said it found no evidence of tax crimes, money laundering, computer fraud or other criminal activity. The investigation into the company first came to…
Author: Crypto Flexs
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reporter Posted on: December 24, 2023 SOL is trading around $115 for the first time since 2022. The short position liquidation amounted to over $14 million. Solana has recently experienced a notable change in its price trend, breaking past previous patterns and hitting yearly highs. Is this the start of a sustained upward trend or just a temporary spike? Solana marches into the $100 price range. AMBCrypto’s analysis of Solana’s daily price trend shows a consistent upward trend over the past five days. The chart peaked at the $100 price level on December 23rd and showed no signs of letting…
The purpose of your password is to prevent anyone who does not know your password from accessing your money. Pause and think about the above for a few minutes. Many highly skilled people will go to great lengths to ensure that they cannot do what you suggest. Over the years, many highly skilled people have scrutinized ways to identify and eliminate weaknesses. If there was a way to solve that problem, passwords would be meaningless. It’s not pointless. If you remember that your password was very short, or remember all but a few characters, you can try a “brute force”…
Illustration by Mitchell Preffer for Decrypt.It may be December, but it doesn’t seem to be the holiday season, at least not in the cryptocurrency world.Bitcoin got off to a quiet start but hit $44,000 per coin for the second time this month. According to CoinGecko, it is currently trading at $43,815. Over the past seven days, this is an increase of more than 3%.The largest digital coin by market capitalization continued to rise on news (surprise, surprise) that the long-awaited Bitcoin exchange-traded fund (ETF) is nearing approval. BlackRock’s head of digital assets meets with the SEC’s trading division. and the…
XRP price is aiming for a new bounce above the $0.630 resistance level. A break above the $0.630 and $0.640 resistance levels could see the price gain bullish momentum. XRP is slowly rising from the $0.600 support level. The price is currently trading below $0.630 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), a breakout occurred above the main bearish trendline with resistance near $0.610. A break above the $0.630 and $0.640 resistance levels will initiate a new rally for the pair. XRP price aims for a new surge.…
Ethereum (ETH) reached nearly $2,400 a few days ago (according to CoinGecko data), largely a recovery from disastrous losses in 2022. Nonetheless, the valuation remains below the all-time high above $4,800 set in November 2021. Some analysts predict that ETH could hit another all-time high in the coming months as the current boom continues into 2024. Not only is interest in Ethereum surging, but promising projects such as Kaspa (KAS) and InQubeta (QUBE), which are preparing for a significant rally, are also attracting attention. InQubeta and Kaspa are among the best DeFi projects considering their potential for exponential growth in…
Ripple Labs Chief Legal Officer Stuart Alderoty recently revealed via the X social media platform (formerly Twitter) that the U.S. Securities and Exchange Commission (SEC) has offered the fintech company an early settlement. The revelations come three years after then-SEC Chairman Jay Clayton filed a legal lawsuit against Ripple and its top executives, including co-founder Chris Larsen and CEO Brad Garlinghouse. This is what came out. Ripple rejects SEC’s early settlement offer Stuart Alderoty, Ripple’s Chief Legal Officer, recently shared details about the SEC’s early settlement offer for 2020. The proposed settlement outlined by the SEC proposed that it…
Five-Card Draw was popularized in the United States but was invented in France. It was carried over to pre-Civil War America as a result of the Louisiana Purchase in the early 1800s, when the United States purchased millions of acres of land from France. It was popular with soldiers during the Civil War, and after the Civil War ended, the soldiers returned home and spread the game across the country. Today, the game has been so completely overtaken by Texas Hold’Em that it has been relegated to being a poker game played before shootouts in Western movies. The game is…
According to the report, Bulgarian authorities said there was “no evidence of criminal activity,” adding, “No evidence of tax violations or computer fraud was found against the defendants.” Prosecutors also concluded that the products offered by Nexo did not constitute financial products, the report added.
With the goal of simplifying Web3 access for both new and experienced users, Ava Labs has launched Core, an all-in-one Web3 assistant that gives users maximum control over their Web3 experience. Founded in 2018 by Professor Emin Gün Sirer and a team of Cornell computer scientists, Ava Labs set out to solve the scalability problems plaguing existing blockchains like Ethereum. Their brainchild, Avalanche, emerged in 2020 as an open source platform for building decentralized applications (dApps) and custom blockchains. In recent years, the Avalanche ecosystem has experienced steady growth. An active community of developers and entrepreneurs is building a variety…