If convicted, Dubnikov would have spent up to 20 years in prison. But this February, he plead guilty to “conspiracy to commit money laundering,” and on April, 11, Dubnikov was sentenced for imprisonment of the time served, meaning, he will be released on parole. Dubnikov was also ordered to forfeit $2,000, according to the court case documents. Source
Starting tomorrow, April 18, the Smurf Society will open a bucket auction for 3,000 NFTs based on the Smurfs characters. While there are Smurfs avatars based on famous legacy characters like Papa Smurf, Brainy Smurf and Smurfette, the Smurfs’ Society Legendary Collection brings Web3 characters to the village like VR Smurf and Crypto Smurf. Source
The virtual sneaker, called Our Force 1 (OF1), is a play on the brand’s iconic Air Force 1 design. Beginning on April 18, Nike will begin airdropping “posters” to select .Swoosh users, granting them early access to the sale on May 8. On May 10, the entire .Swoosh community will be able to purchase the digital goods through its marketplace. Source
Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach to solve “problems that do not exist,” stifling innovation in the process. SEC Commissioner Hester Peirce Issues Dissenting Opinion U.S. SEC Commissioner Hester Peirce, also known in cryptocurrency circles as “crypto mom,” has written a letter blasting the recent decision of the Commission to amend the…
Before the upgrade, some crypto watchers worried that the event would flood the market with millions of unlocked ETH and crash the second largest cryptocurrency’s price, although others predicted little impact or that the price would rise. News of a seamless implementation pushed ETH’s price above $2,100 the day following, its highest level since May 2022. ETH outperformed bitcoin (BTC) in that 24-hour period. ETH was recently trading at about $2,070, down more than 2% over the past 24 hours. Source
According to an Apr. 18 post by Fox News, Elon Musk told the media outlet’s anchor Tucker Carlson that he’s developing a ChatGPT rival in the form of “TruthGPT,” a large language model (LLM) that Musk says will be trained to explore the mysteries of the universe. “I’m going to start something which I call TruthGPT, or a maximum truth-seeking AI that tries to understand the nature of the universe,” said Musk. This truth-seeking AI, as per Musk, will also push back against what he perceives as “left wing” bias…
If you hold crypto that has appreciated in value for more than one year, you won’t need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes. Original Source CryptoDonateHoldingsNervousProfitableTaxes CryptoX Portal
Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there is no place in this system for dissenting intellectuals who challenge the status quo or the quality of scientific research. Decentralized science (DeSci) aims to disrupt these systems for good reason. DeSci paired with blockchain technology has the potential to upend existing funding schemes and enhance collaboration between stakeholders in scientific endeavors. Access to…
Bank of England deputy governor Sir Jon Cunliffe spoke at the Innovative Finance Global Summit in London on April 17 about the development of tokenization. The UK’s central bank is currently exploring tokenization in bank money, non-bank money and central bank money and the ways tokenized assets will interact. Stablecoins, Cunliffe said, “offer the possibility of greater efficiency and functionality in payments,” but “it is extremely unlikely that any of the current offerings would meet the standards for robustness and uniformity we currently apply both to commercial bank money and…
According to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on Apr. 17. Aside from individual addresses, there are now more than four million active accounts in the ARB ecosystem with nearly 200 million transactions having been completed since inception. The growth has come on the back-end of both a busy development cycle for Arbitrum and the hype surrounding its Mar. 23 airdrop, an event that saw the distribution of 1.275 billion ARB…