Some customer and transaction data was seized by the government in the process of the investigation, it said. Given that the people behind those activities often reside in other countries outside of Germany, where criminal activities like this are “tolerated or even protected,” the authorities noted it may be nearly impossible for German government officials to prosecute them. Source
In that time, the crypto industry has moved on: markets are up, VC dollars are back, and politicians are once again supporting the industry. Meanwhile, the mainstream media has almost forgotten about the fallen crypto king, SBF himself. So might a judge and jury see SBF’s case differently should it hear evidence from the FTX founder again? That certainly seems to be the hope of SBF’s new legal team, which took over his case after his trial lawyers, Mark Cohen and Christian Everdell, stepped down following his conviction. On Friday,…
A quick LinkedIn search for profiles containing the keyword “blockchain” on their resumes produces 152,000 results while “crypto” shows 119,000. This is a decline from the peak employment in crypto at about 211,000 mid-2021 due to bear markets, inflation, and layoffs affecting the job market. Source
The decision to split up the upgrade wasn’t unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code. Source
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT. Source
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“When we shopped McLaren, they were team number eight on the grid. A lot of people asked the obvious question, was that the right move? Now leading the 2024 Constructors Standings,” said Rafique. McLaren last won the constructors’ championship, one of the two world championships contested in Formula 1, in 1998. This year, currently, it is in the lead. Source
Also active in the bitcoin treasury arena is Metaplanet, led by CEO Simon Gerovich. Similar to Cathedra, Metaplanet is also prioritizing growth in its bitcoin holdings. Gerovich has emphasized the company’s goal of boosting its holdings each month, a strategy that has led to significant gains. Year-to-date, Metaplanet’s stock value has increased by 587%, reflecting the market’s positive response to its strategic approach. Source
For now, however, futures bets on DOGE have remained largely steady since late July amid a holiday period and a generally flat market. Open interest – or the number of unsettled futures bets – has hovered around the $500 million mark, CoinGlass data shows, indicating new money did not enter the DOGE market. Source
“When we’re thinking about a future where every single asset will be tokenized … we don’t think that an issuer is actually going to look at Ethereum,” she said, according to the report. “They’re probably going to look at the chain that has the highest amount of activity, the highest amount of users, and the most seamless integration.” Source