‘Low income’ Oyster Protocol founder allegedly has $10M yacht full of gold bars

Amir Burno Elmaani, the founder of the now defunct cryptocurrency scheme Oyster Protocol, has been arrested and charged for what the Department of Justice describes as a “multimillion-dollar tax evasion scheme.” On Dec. 9, the DoJ announced it had unsealed an indictment charging Elmaani, who is also known as “Bruno Block,” with tax evasion. The document also notes separate civil charges filed against Elmaani by the SEC. He was arrested on the same day. The indictment alleges the 28-year-old made “millions of dollars” from selling Oyster Pearl tokens, however failed…

Verizon’s New Blockchain Verification Tool ‘Full Transparency’ Combats Fake News

Verizon Communications Inc, a telecommunications service producer has unveiled a blockchain-based solution dubbed ‘Full Transparency’ for the verification of news and media releases. According to Verizon’s announcement, the Full Transparency solution is an open-source newsroom product that will enable any media information to be tracked on the blockchain, giving the public a level of trust in the information being shared. As the world embraces a greater shift to digital media as boosted by the coronavirus pandemic, the need to verify information has become more vital and a system created for information…

NASDAQ-Listed MicroStrategy Now Runs a Bitcoin Full Node

The NASDAQ-listed company, MicroStrategy (MSTR), is running a fully validating node, or “full node” for the Bitcoin blockchain, its CEO, Michael Saylor, has revealed.  MicroStrategy Operates a Bitcoin Full Node In a tweet on Oct 30, the outspoken CEO–and a passionate Bitcoin supporter, said the public listed company is doing their part in contributing towards the success of the network. Their node runs the latest Bitcoin core release.  A Bitcoin full node ensures participants read on the same page, guaranteeing the blockchain remains peer-to-peer as envisioned by the founder.  As an autonomous…

Hoskinson Estimates March 2021 For Full Decentralization of the Cardano Network

IOHK CEO Charles Hoskinson hosted a surprise AMA recently in which he announced a reduction in Cardano’s “D” (decentralization) parameter to 0.5. “That means we’re just about to cross a threshold here in a little bit for “D” to fall below five, which means more than half of all the blocks will be made by the community, not the OBFT [Ouroboros Byzantine Fault Tolerance] nodes. That’s a major milestone.” What’s more, at the current rate of progress, Hoskinson states the network will be fully decentralized in March 2021. At this…

Cardano DeFi Development is in Full Swing

The market dip has hit DeFi tokens particularly hard. @cryptopigmedia noted that the biggest loser to date is Curve Finance, whose CRV token has dropped 93% since its peak. “DeFi darling” Yearn Finance hasn’t faired much better, with the YFI token losing 61% from its $44,183 high. Defi Death Mission pic.twitter.com/UvGP8OcLqu — Cryptopig (@cryptopigmedia) October 4, 2020 Despite that, and the subsequent fall in yields, Nicolás Arqueros, CTO at EMURGO, believes this is a temporary setback. Drawing on the example of the tech bubble at the turn of the century,…

Senior Full Stack Engineer at Unstoppable Domains (San Francisco, CA, USA) – Blockchain News, Opinion, TV and Jobs

We are making a product that will change the world of cryptocurrency and freedom. We are shaping the future of a free Internet. Unstoppable Domains is…We are making a product that will change the world of cryptocurrency and freedom. We are shaping the future of a free Internet. Unstoppable Domains is…Read More Previous articleBackend / Quant Developer at Kraken (EMEA) Source link

Avalanche blockchain network to launch full mainnet

Avalanche, a new blockchain protocol and cryptocurrency backed by Cornell University’s Emin Gün Sirer, will finally go live in a few days. According to an announcement, Avalanche will roll out the full mainnet on Monday. With the mainnet launch, the Avalanche (AVAX) token — the platform’s native token — can be listed on crypto exchanges, although Ava Labs did not specify which ones.  As previously reported, the AVAX token will serve as a tool to secure the Avalanche network through staking, pay for operational fees, transfer value peer-to-peer and create…

Dow Plunges 450 Points As Trump Talks Full “Decoupling” With China

The Dow Jones fell over 400 points on Tuesday. Investors continue to punish the Dow’s tech giants as Apple and Microsoft plunged. Donald Trump turned up the heat on China on Labor day, hinting at a total “decoupling.” The Dow Jones endured a rough open to the trading week on Tuesday, falling just over 1% as the tech sector took a beating. Donald Trump’s increasingly hawkish anti-China rhetoric is a growing concern for the Dow’s bevy of China-centric corporations like Apple. Dow Jones Drops As Crude Oil Plummets All three…

Consumer Reports Proves Tesla’s Full Self-Driving Capability Is Bloatware

Consumer Reports doesn’t think Tesla’s Full Self-Driving Capability option is worth its asking price. The nonprofit reviewer noted several shortcomings during a test of the latest software and hardware. In 2019, Elon Musk promised to release one million robotaxis by the end of this year. When announcing first-quarter results this year, Tesla CEO Elon Musk promised that the carmaker’s advancing self-driving technology would allow drivers to enjoy autonomous rides “from your home to your office” by the end of 2020. A test conducted by nonprofit reviewer Consumer Reports rubbishes this,…

Carson Wentz’s Chances of Playing a Full Season Just Disappeared

Andre Dillard’s season-ending injury puts brittle Carson Wentz at risk. 38-year-old Jason Peters will be challenged by elite pass-rushers in the NFC East. The Eagles have an injury-prone quarterback behind a worryingly thin offensive line. Carson Wentz has been struck down by injury in each of the last three seasons with the Philadelphia Eagles. Head coach Doug Pederson should prepare for more misery where his brilliant but brittle quarterback is concerned. Wentz’s chances of playing every game for the Eagles in 2020 disappeared when left tackle Andre Dillard suffered a…