Former Alameda co-CEO Caroline Ellison is scheduled to be sentenced in a New York court on September 24.Ellison, who is also the ex-girlfriend of former FTX CEO Sam Bankman-Fried, He pleaded guilty in December 2022 following the collapse of a cryptocurrency exchange that cost consumers billions of dollars. The fraud charges against Ellison include two counts of conspiracy to commit wire fraud, two counts of actual wire fraud, and one count of conspiracy to commit money laundering. These charges carry a maximum penalty of 110 years in prison, but Ellison cooperated With the prosecution. Other former FTX executives, Gary Wang…
Author: Crypto Flexs
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Whether you’re just vaguely interested in cryptocurrencies, have just entered the market with a small investment or two or three deals, or have a larger investment or commercial stake, more people are interested in how cryptocurrencies are shaping the financial landscape than ever before.I am sure there are still a few people in the world who have no knowledge or interest in this concept, but the number of people adopting this digital payment method is increasing. Even governments are discussing their own digital currency controlled by central banks. Cryptocurrencies are growing all over the world.From casual observers to those using…
Iris Coleman September 6, 2024 11:39 Mercuryo is partnering with Injective (INJ) to simplify fiat-cryptocurrency trading and help users easily adapt to the Injective ecosystem. According to the Injective blog, Mercuryo has announced its integration with Injective as a major step towards streamlining the crypto onboarding process. The collaboration aims to streamline the steps required for users to transition from traditional banking systems to the Injective (INJ) ecosystem.Improved User ExperienceMercuryo is a leader in payment solutions for Web3 applications supporting over 200 platforms. The integration with Injective introduces a seamless, single-step solution for acquiring…
Please refer to our Privacy Policy, Terms of Use, cookie, and Do not sell my personal information has been updated.Coindesk is Award winning A media outlet covering the cryptocurrency industry. Its journalists adhere to the following: Strict editing policy. November 2023CoinDesk has been acquired. Owner of Bullish Group stress, A regulated digital asset exchange. Bullish Group is majority owned by: Block.one; both companies understanding We are engaged in various blockchain and digital asset businesses and hold significant amounts of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect the independence of its journalism.…
According to Felix Hartmann, founder of Hartmann Capital and cryptocurrency content creator, we may not have to wait until after the election for the massive crypto rally led by Donald Trump. “The moment there is an overwhelming probability that Trump will win the election, which can happen at various times… I expect the crypto markets to crash,” Hartman told Hall of Flame. “It’s going to be a moment where we realize that we’re not going to be sued to death. There’s a way for this industry to become self-reliant, and there’s just going to be more hype and more narrative.”…
According to the project developers, the number of users claiming Dogs (DOGS) on the Layer 1 blockchain, The Open Network (TON), has reached an all-time high during the recent airdrop of the new Mimecoin. In a new post on messaging app Telegram, TON developers say Dogs has become “the biggest meme TGE (token generation event) in cryptocurrency history.” The TON blockchain was originally created by Telegram in 2018, but has since been acquired by an international group of independent developers. “17 million users have claimed DOGS tokens. Daily active user addresses have repeatedly reached 1.1 million over the past two…
As regulators take their own approaches to bringing order to the industry, U.S. lawmakers are divided over how to approach decentralized finance.Lawmakers on the House Financial Services Digital Assets Subcommittee continued to debate how to regulate DeFi during a hearing Tuesday.“As we consider how blockchain can be used in finance, we must continue to expand our knowledge of the possible costs and benefits associated with DeFi,” Rep. French Hill, the subcommittee chair, said at the start of the hearing.Lawmakers have so far excluded DeFi regulation from recent legislation. In a bill passed by the House last year, lawmakers directed the…
Jessie A Ellis September 6, 2024 12:49 The third edition of the BNB Incubation Alliance will be held in Singapore by Token2049, and aims to incubate early-stage blockchain projects within the BNB Chain network. BNB Chain has announced the third edition of the BNB Incubation Alliance (BIA), scheduled for Token 2049 in Singapore on September 18, 2024. According to the BNB Chain Blog, the event aims to bring together leading talents in the Web3 ecosystem to accelerate the growth of early-stage blockchain projects within the BNB Chain network.What to expect at BIA SingaporeThe Singapore…
The price of FTM has risen by more than 135 in the last 24 hours alone. The token must first break above the $0.49 barrier to sustain its uptrend. Phantom (FTM) It has surprised investors with its massive rise over the past 24 hours. This happened while the top coins only saw a slight increase. Let’s take a closer look at the Fantom price prediction. Phantom’s latest bull move Fantom’s bulls have surprised investors as the token’s price has surged by double digits. To be precise, the price of FTM has surged by over 13% in the last 24 hours.…
Bitcoin (BTC) opened strong on Wall Street on September 10, not allowing the price of BTC to fall.BTC/USD 1-hour chart. Source: TradingViewBTC price volatility is expected as macroeconomic data comes in.According to data from Cointelegraph Markets Pro and TradingView, BTC/USD fell slightly to $56,530 on Bitstamp before retargeting $57,000.Risk assets avoided major moves ahead of the US Consumer Price Index (CPI) for August, which is scheduled to be released on September 11, alongside the first presidential debate between Donald Trump and Kamala Harris.“Macro uncertainty dominates crypto markets ahead of the presidential debates, with the 30-day correlation with the MSCI World…