During the hearing, the defendants indicated they had “property worth several million” and the bail amount will be paid by their wives, the court’s statement said. Prosecution objected to bail proposal, saying there was no guarantee that Kwon was not a flight risk. Source
Bitcoin (BTC) is entering prime “buy the dip” territory as the clock ticks down to the 2024 block subsidy halving. That is the conclusion of several well-known market participants this month, with Bitcoin just one year away from its “very interesting” next halving. Bitcoin vs. the halving: Time to buy? Bitcoin halving cycles are known to follow patterns when it comes to price activity in a given period. These four-year “epochs” have so far contained a macro high and macro low for BTC price, with those events likewise four years…
The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk The shares of American multinational technology company Tesla Inc (NASDAQ: TSLA) are seeing an impressive uptick as investors appear elated that the company’s Chief Executive Officer, Elon Musk is setting his priorities right. As reported earlier by Coinspeaker, the iconic entrepreneur and founder said he is stepping down from his role as the CEO of Twitter, the micro-messaging platform he acquired more than…
The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators. As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar with the matter. As we know, over the past year, Binance.US along with Changepeng Zhao…
The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering using the power of blockchain technology. According to a press release shared with Coinspeaker, TABOO is now valued at $250 million following the funding round. According to the announcement, the funding round for TABOO was led by a private family…
Amid the ongoing banking crisis in the United States, financial regulators continue scrutinizing major traditional finance companies like HSBC and Scotiabank. The Securities and Exchange Commission (SEC) has charged HSBC’s securities arm HSBC Securities (HSI) and Scotiabank’s investment subsidiary Scotia Capital with penalties over recordkeeping violations. HSI agreed to pay $15 million to settle with the SEC, while Scotia Capital agreed to pay $7.5 million. Additionally, Scotia paid $15 million to settle the U.S. Commodity Futures Trading Commission charges. Announcing the news on May 11, the U.S. SEC said that…
According to developer Sebastian Nagel, Cardano, one of the most widely used blockchain platforms, has achieved a significant milestone by introducing the first Hydra node compatible with the mainnet. The development marks a crucial step towards enhancing Cardano’s scalability and flexibility, a significant focus for the platform. Per Input Output, the parent company of Cardano, Hydra, is a collection of layer 2 protocols that aim to improve the blockchain’s scalability. The protocols allow faster and cheaper transactions, making the blockchain more flexible for various use cases. 🐲 0.10.0 is out!…
Countries around the world are beginning to grapple with the pervasiveness of artificial intelligence (AI). While some look to the emerging technology with concern, others, like Romania, embrace it. According to a report from the Financial Times, Romanian officials have introduced an AI-powered robot named Ion, intending to enhance the government’s understanding of public concerns. Sebastian Burduja, Romania’s innovation minister, commented on the development saying: “It’s the first attempt, the first experiment, in using AI to connect average citizens to their decision-makers. I think it has great potential to strengthen…
press release PRESS RELEASE. Recently, ATPBot, the first truly quantitative trading bot, announced that it can now connect to the Binance API for trading, providing users with more opportunities to trade cryptocurrencies. By registering ATPBot, connect to Binance Exchange, enter your investment amount and earn income. Users can experience an unparalleled trading experience, delivering results through mature trading strategies and professional investment management. Have you ever heard about ChatGPT? It has been a hot topic this year, for it’s changing the way we live and work. It provides personalized and…
Texas legislators have voted by a large margin to amend the state’s Bill of Rights and add a provision recognizing the right of individuals to possess, retain and utilize digital currencies. The decision was made on Wednesday, May 10. Bill HJR 146, introduced by State Representative Giovani Capriglione, declares that individuals have the right to use a medium of exchange that is mutually agreed upon, which includes digital currencies, cash, coin, bullion, or scrip, for trading and contracting goods and services, and that this right cannot be violated. The document…