Day: January 30, 2021

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison – Regulation Bitcoin News

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A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund Manager Arrested for Running a Ponzi Scheme The U.S. Department of Justice (DOJ) announced Tuesday that Jeremy Spence has been arrested and charged in Manhattan federal court in a fraudulent cryptocurrency scheme. The 24-year-old from Bristol, Rhode Island, is…

First Real DeFi Product from Grey Hat Hackers

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The attack had a rather strange outcome, as the Hacken CEO stated that this “was not a typical hacking”, and he plans to discuss the project with the hackers. Recently, the homepage of the First Grey Hat Hackers Ideas Competition website was hacked by malicious actors who left a message on their homepage announcing and promoting a new product that “will change the DeFi market”. The First Grey Hat Hackers Ideas Competition is a project launched by Hacken community, a cyber-security consulting and But a group of hackers took over…

Traders, influencers lick their wounds after vicious Dogecoin dump

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After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning.  For the influencers and Wall Street Bets refugees who joined in on the rise — many of whom were taking their first ride on what’s known to be a notoriously volatile chart — the price action reversal has been especially harrowing. Doge doing what it does best, welcoming people into crypto with a huge slap in the face.…

The Next Hypixel Skyblock Update… (Dwarven Mines)

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hypixel has finally confirmed what the next Skyblock update will be, and it is an extension to the Deep Caverns called the Dwarven Mines. The Dwarven Mines is a brand new area featuring most likely new enemies, weapons, armor, and definitely new ores. This might be one of the biggest updates Skyblock has ever seen, and I for one cannot wait for it to release in January of 2021. ★ Cloak – ★ Donations – ★ My Discord – ★ Memberships –…

Bitcoin price chart shows ‘Elon Musk’ pump was an outlier — So what happens now?

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Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours.  The initial spike to $38,500 happened in minutes after Elon Musk added #Bitcoin to his Twitter profile. However, no follow-up of that price movement was seen on the charts as Bitcoin dropped substantially in the following hours. Currently, the $34,500 area is a significant resistance zone to break through if the market wants to sustain the bullish momentum. Failure to break…

¡¡ Bitcoin retoma impulso!!! ¿¿Volveremos arriba o iremos para abajo??

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Analizaremos a BTC en gráfico diario y de 4 horas, una hora para encontrar proyección y oportunidades para todos los estilos de trading. Hoy será el primer intento por hacer un en vivo satisfactorio sin pérdidas de paquetes y sin interrupciones, no creo estar tan al pendiente del chat y de ciertas cosas para las cuales no tengo práctica, así que una disculpa si en algo me sale mal esto ja ja ja!! Bitcoin debería seguir con rumbo a los 38K, pero…

Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea – News Bitcoin News

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A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s Speech Was About the Use of Cryptos to Circumvent Sanctions Per Law360, a jury is now set to determine if Griffith violated the International Emergency Economic Powers Act by giving a speech at the Pyongyang Blockchain and Cryptocurrency Conference in 2019. Kevin Castel, a U.S. District Judge, denied Griffith’s motion…

WEBINAR Blockchain in space: Applications of Blockchain for Galileo

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Continúa nuestro ciclo de webinars gratuitos sobre las oportunidades del sistema de navegación por satélite europeo Galileo. El pasado 19 de noviembre tuvo lugar el quinto seminario online ‘Blockchain in space: Applications of Blockchain for Galileo’. En esta ocasión, contamos con la participación de la experta en blockchain Loha Hashimy, Blockchain Research and Innovation Consultant de Knowledge Innovation Market, quien moderó la jornada, y con los ponentes: Alberto Fernández, Software Engineer and Business developer, Jelurida Swiss SA; Emilio Javier González, Galileo User…

I’d buy the Tesla Cybertruck with Bitcoin

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Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian. Draper, who holds around 30,000 BTC according to reports, told Musk that he would like to pay for the Tesla cybertruck with BTC while promoting his Bitcoin payment processor portfolio company OpenNode. He said: “Hi Elon Musk, I would like to buy a Tesla cybertruck. Although…

To see eye-to-eye? Crypto industry should start embracing regulation

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Since the exuberant crypto bull run of 2017, regulators have increased their activity in the industry. United States governing bodies such as the Securities and Exchange Commission, the Department of Justice and the Commodity Futures Trading Commission have all pursued various types of legal enforcement.  From December 2020, there has been an even further regulatory push, including a proposal from the Financial Crimes Enforcement Network aimed at heightened crypto wallet overwatch. What do crypto industry players think of regulation at present? Dean Steinbeck, co-founder of Horizen Labs, told Cointelegraph that,…