Day: September 22, 2022

Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam

Another one of Wolfgramm’s businesses, Ohana Capital Financial (OCF), allegedly offered financial services to companies that could not get traditional bank accounts, marketed with the slogan “Banking the Unbankable.” Wolfgramm supposedly told investors that OCF had a board of advisors and that customer funds were bonded, when, in reality, he was spending millions of dollars of customer money on “unrelated business expenses.” Source

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low – Economics Bitcoin News

boss

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed for quite some time. Following the intervention, the yen rallied as the U.S. dollar took a steep dive against the Japanese yen during Thursday’s trading sessions. However, the greenback has stepped back up to the…

Coinflex plans give 65% of company to creditors as part of restructuring proposal

Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues. In a Wednesday blog post, CoinFlex said under the proposal — which will be subject to a vote and then court approval— creditors will own 65% of the company, while its team members will be allocated 15% of shares as part of an employee share option plan. According to the platform, Series B investors would remain shareholders in the restructured company should the plan be approved. “As with any reorganization, unfortunately, most…

Telos Brings Blockchain to Ivy League Campuses With Hack Boston & Workshops At Harvard University

Blockchain technology is of great interest to participants of hackathons. Therefore, Telos will host the first crypto hackathon ever on an Ivy League Campus. None other than the renowned Harvard University will be home to this three-day event. A Crypto Hackathon At Harvard University Given the growing interest in blockchain technology, it is plausible to assume there will be more hackathons and similar events. These efforts bring together people looking to turn their bright and innovative ideas into working products and services. Those efforts will build even stronger momentum with…

Crypto News Today: Cryptocurrency Tax Latest in Hindi | Bitcoin Market Crash, Shiba Inu Coin News |

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market In India Latest Update: Crypto Market Crash हो रही है और Bitcoin Price भी लगातार गिर रहे हैं. Best Crypto Coins, Tokens (Bitcoin, Ethereum, Solana, Avalanche) की वैल्यू भी गिर गई है. साथ ही दुनिया भर में Crypto Scam सामने आ रहे हैं. पहले Luna Crash सामने आया, फिर Celsius Network इशू हुआ और अब Crypto Exchange Vauld ने Withdrawals, Deposits और Trading बंद कर दी है. India में 30% Crypto Tax और 1% TDS की वजह से Crypto Exchanges…

FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation – Press release Bitcoin News

boss

press release PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA into the 21st century with NFTs of its leading products before traditional launch. Brands have the opportunity to bring their products to a whole new market, connecting younger generations with tailored, innovative skincare…

Fed Interest Rates Hike Spur Crypto Market Liquidations Of More Than $330 Million

boss

The FOMC meeting held on Wednesday and its subsequent results deeply affected the state of the crypto market. Given the large swings in price during and after the meeting, liquidation volumes had quickly risen across the market. Tens of thousands of traders were caught in the crossfire in what has come out to be the largest liquidation trend in the last few months.  Crypto Liquidations Reach $330 Million On Wednesday, the Fed had announced that it was raising interest rates by another 0.75 points. This decision directly impacted the crypto…

Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

boss

Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house capacity amid widespread vulnerabilities in the blockchain industry. The funding round was led by the San Francisco-based venture firm Framework Ventures, with additional participation from Electric Capital, Polygon Ventures, Samsung Next, P2P Capital and others. Immunefi said the capital would be used to hire staff as it scales to meet the growing demand for blockchain security and bug bounty services. Immunefi claims to have…