Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal

Deutsche Bank was recently ordered to pay a $150 million fine for “significant compliance failures” in its relationship with alleged child sex trafficker, Jeffrey Epstein. The Bitcoin community on Reddit is highlighting this latest case of misconduct from major financial institutions. According to CNBC reporting on Tuesday, New York state financial regulators issued a $150 million penalty to the bank for offering banking services to Epstein despite being aware of his previous indictments. In the consent order under which Deutsche agreed to pay reparations, regulators show that the bank’s executives…

Comparing Blockchain Ecosystem Building in the East and the West

One of the July 8 panels from the Asian version of Unitize brought together two key participants in the promotion of blockchain technology in their respective regions. Marloes Pomp, who works as an initiator of blockchain projects with the Dutch government, and Yi Ming Ng, who works for the Tribe Accelerator project in Singapore, compared their organisations approaches to building blockchain ecosystems. Initial reticence, but from different sides Pomp’s journey into the world of blockchain started in 2016 when she was inspired by Dubai’s blockchain strategy presentation. She felt that…

Bitcoin Wealth Academy Presents – Mining City Presentation

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Texas Regulator Orders Mirror Bitcoin ‘Investor Club’ to Shut Down

The Texas State Securities Board (TSSB) on Wednesday ordered Mirror Trading International (MTI) to cease operations immediately, alleging the South African bitcoin and forex trading network is a multilevel marketing scam. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original

Why Does Binance’s Android App Need to Use Your Microphone?

Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government. According to the Twitter user @ShitcoinSherpa, who posted a certificate issuer’s screenshot, the permissions asked by Binance in its Android app include access to the camera and the ability to record audio. Notedly the app does not appear to have any public features that use these functions: The delicious irony of shitting on TikTok for being…

Jeffrey Epstein Confidant Ghislaine Maxwell’s Last Reddit Post Was About Bitcoin

The cryptocurrency community has been discussing the infamous Ghislaine Maxwell, the associate of the financier and convicted sex offender Jeffrey Epstein. Maxwell was recently arrested and many speculators think she may see the same fate as Epstein before she talks. Moreover, it seems the last time Maxwell used Reddit, her last post was about someone mysteriously sending almost $1 billion in bitcoin on Wednesday, June 30, 2020. Ghislaine Maxwell was a well known associate of the now-deceased Jeffrey Epstein. The financier Epstein is a convicted sex offender who allegedly had…

Build MLM Business platform with Smartcontract

Cryptocurrency MLM Platform Development is the one of the most promising investment opportunities to making money in the recent times. Though there are many number of cryptocurrency MLM Software Script with Decentralized Ethereum Smart Contract Development companies in the digital world, you should choose one of them to quite a scam you would want to stay away from. Coinjoker will help you to build the cryptocurrency MLM platform to make secure crypto transactions with ethereum smartcontract development. What is Cryptocurrency MLM business? Cryptocurrency MLM business is similar to any other…

This Startup Is on a Quest to Make Decentralized Exchanges Viable for Pros

The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet. A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled “Market-Based Mechanisms for Incentivising Exchange Liquidity Provision,” the paper devises a method to overhaul the market making mechanism commonly found in centralized exchanges. Cointelegraph spoke with Barney Mannerings and Tamlyn Rudolph, Vega’s co-founders, to learn more about their plans. Incentivizing liquidity in a sustainable way In traditional markets and centralized cryptocurrency…

VeChain (VET) Rallies 100% in a Week: Has the Surge Topped Out?

It isn’t only Cardano, Chainlink, and DeFi coins that are rallying at the moment. VeChain (VET), one of the hottest crypto properties of the last bubble, is up 20% in the past hour alone. Stepping back slightly, the asset’s performance is even more impressive. As depicted in the chart below, VET is up by more than 100% in the past week, having traded at just under a dollar last Wednesday. Now, the cryptocurrency is changing hands for $0.02 — outperforming Bitcoin, Ethereum, and many others. Chart of VET’s price action…

Performance Art Film Is Now Tokenized on the Ethereum Blockchain

HOW ARE WE, a performance art collaboration consisting of 15 short works filmed in COVID-19 quarantine, has been hashed and minted into a non-fungible token on the Ethereum blockchain. Additionally, a mechanism has been put in place to reward the project’s contributors whenever the asset is sold. Artists benefit from potentially appreciating assets A legally binding contract grants the rights to the film to the holder of the ERC-721 token in which the hash and metadata of the artwork is stored. This means that if, for instance, the Museum of…