An Abuja judge has denied bail for Tigran Gambaryan, a jailed Binance employee and U.S. citizen illegally detained in Nigeria. Despite meeting all medical requirements for bail, the judge’s decision goes against existing legal precedent in Nigeria. Gambarian’s health has deteriorated significantly in prison, and he requires medical care that the prison cannot provide. his (…)
Author: Crypto Flexs
Read More
Bitcoin (BTC) hit its highest point in several days on October 12 as the market mimicked last weekend’s ambiguous rally.BTC/USD 1-hour chart. Source: TradingViewBTC price finds resistance below key barriers.Data from Cointelegraph Markets Pro and TradingView showed BTC price nearing $63,500, up 1.5% on the day. This is a similar move to last weekend.BTC/USD made significant progress during the October 11th Wall Street trading session after testing the $60,000 support throughout the week. In an attempt to keep up with U.S. stocks, Bitcoin has shrugged off renewed inflationary pressures in the U.S. even as markets have scaled back bets on…
Ripple co-founder and chairman Chris Larsen donated 1,754,815.29 XRP (XRP), worth $1 million at the time of the donation, to the Harris-Walz 2024 presidential campaign, according to Federal Election Commission (FEC) records.The donation was made to a political action committee (PAC) supporting Harris Future Forward on August 14, 2024, according to FEC filings. According to Fox Business reporter Eleanor Terrett, this represents the first documented cryptocurrency contribution to the Harris campaign.In September, a Future Forward spokesperson told Cointelegraph that the PAC was accepting cryptocurrency donations from Harris. This was after false reports emerged that the campaign was directly receiving cryptocurrency…
Former FTX executive Ryan Salame was sentenced to 7 years and 6 months in prison in Maryland, records show. Salameh, the former co-CEO of FTX Digital Markets, was in custody at FCI Cumberland, Maryland, as of Saturday morning, according to the federal Bureau of Prisons website. Prison is “It is a medium-security federal correctional institution with an adjacent minimum-security satellite camp.” The number of prisoners is said to be over 1,000. website.On Thursday, Salame shared a post on LinkedIn that appeared to mock her situation.“I am excited to share that I am starting a new position as an inmate at…
Meanwhile, Telegram has come under scrutiny on several fronts. The platform has been criticized for facilitating communication between groups involved in illegal activities, leading to temporary bans in some countries. HighlightsTelegram founder Pavel Durov has launched three special gifts to celebrate his 40th birthday.Telegram will allow users to tokenize their gifts into NFTs on the open network (TON) before the end of 2024. Pavel Durov, founder of the popular encrypted messaging platform Telegram, has launched a special edition “Gift” to celebrate his 40th birthday. Digital stickers allow users to purchase, send and receive stars from friends and family on special…
American rapper Ty Dolla Sign lost $500,000 by confusing TRON addresses. Justin Sun asked for a full refund to save Ty Dolla Sign’s day. SunDog is down 36% from its all-time high hit two weeks ago. Five-time Grammy Award-nominated American singer, rapper, and songwriter Ty Dolla Sign has entered the ever-changing world of blockchain. The artist, who has been curious about cryptocurrencies for some time, lost his cryptocurrency virginity on October 8, 2024, when he splashed 3.2 million Tron (TRX) tokens on the popular TRX meme token. According to on-chain records, the hip-hop artist spent $502,000 in a single transaction,…
Tony Kim October 12, 2024 13:09 Noam Nisan discusses the concept of multidimensional fees in blockchain, highlighting the differences between easy and hard fee dimensions and their impact on transaction efficiency. The concept of multidimensional fees is gaining attention in blockchain transactions as experts explore ways to optimize fee mechanisms. According to a16z Crypto, traditional one-dimensional gas fees may not adequately address the complexity of resource allocation in blockchain networks. Understanding Multidimensional Fees Noam Nisan, professor of computer science at the Hebrew University of Jerusalem, elaborates on this topic by distinguishing between the ‘easy’…
QCP Capital analysts remain hopeful for an “Uptober” bullish rally if Bitcoin holds above the $60,000 support level. “US stock indices have rebounded with the S&P 500 hitting new highs. Although the same level of optimism is yet to be seen in cryptocurrencies, we remain hopeful for an ‘uptober’ bounce as long as the key support level at $60,000 remains intact. is maintaining,” said QCP Capital analysts.As of Friday morning trading, the Dow Jones Industrial Average was up 0.5% and the S&P 500 was up 0.3%. The price of Bitcoin also rose slightly by 2%, exceeding $62,000, and the global…
Jamie Coutts, senior cryptocurrency analyst at Real Vision, said the top Ethereum (ETH) rival could be on the verge of a massive breakout. Coutts says the number of active Solana (SOL) addresses has surged by triple digits on a percentage basis over the past three months, far more than any other smart contract platform. He believes that SOL’s recent price correction, combined with the network’s indicators, could result in a big move in the upward direction. “Solana: Active addresses exploded 276%, but fees fell 11.3%. “The price looks like a coiled spring ready for a breakout.” He also shares metrics…
Caroline Bishop October 12, 2024 09:57 Developed by Mysten Labs, zkLogin provides a user-friendly approach to cryptocurrency wallets and improves blockchain accessibility by using ID tokens to authenticate transactions. In a significant step toward improving blockchain accessibility, Mysten Labs’ Deepak Maram has unveiled zkLogin, a groundbreaking innovation designed to simplify cryptocurrency wallets. According to a16z crypto, this development aims to address the complexities associated with traditional wallet methods, such as mnemonics and hardware devices, which often act as a barrier to new users. Improve user experience with zero-knowledge proofs zkLogin differentiates itself by leveraging…