OG Ethereum ERC-404 Token PANDORA Is Rallying Again, What’s Behind It?

PANDORA, the first token to use the Ethereum ERC-404 token standard, is on the move after slowing down for a few weeks. The token’s price saw a significant surge over the weekend, rising around 50% to clear $24,000 once more. This recovery was triggered by a number of factors, so here they are. Whales Set Their Sights On PANDORA The most obvious reason behind the price push recorded for PANDORA over the weekend can be traced back to significant whale activity. On-chain data tracking website Lookonchain, flagged a number of…

The Pandora Papers, Fed’s Leadership Crisis and the Future of Money

This week’s “Money Reimagined” episode is framed by some bombshell news developments that are adding fuel to a fire of mistrust in authority that’s been allowed to kindle into a raging threat to global financial institutions. This episode is sponsored by Quantstamp. Hosts Sheila Warren and Michael Casey are joined by Wall Street Journal reporter Michael S. Derby and crypto entrepreneur Maya Zhehavi to discuss two sets of revelations that go to the heart of these problems and what they imply for the crypto industry. One is the Pandora Papers…

‘Only the Little People Pay Taxes.’ The Pandora Papers and the Case for Crypto — CoinDesk

Finally, the quality of public discourse around cryptocurrencies remains poor. Instead of focusing on how removing trusted intermediaries could address corruption, the discussion is framed by the rules of the old, centralized paradigm, where intermediating institutions such as banks are expected to identify and catch bad guys. I fully expect many people to use the Pandora Papers as an argument against crypto and wrongly conclude that it makes it easier for crooks to launder money. Source

While Politicians Worldwide Clamor Over Tax Evasion, Pandora Papers Show Bureaucrats Are the Worst Offenders – Bitcoin News

As bureaucrats across the globe continue to ask the common citizenry for access to every financial decision they make, politicians and celebrities worldwide are hiding large amounts of wealth in tax havens according to the Pandora Papers. While American politicians like the Biden administration claim to be against tax corruption, some people view the U.S. as the world’s “main tax lagoon.” Pandora Papers Expose Hypocrisy Among Bureaucrats Worldwide, US Public Officials Manage to Escape Investigation During the last month, the Biden administration and other U.S. politicians have been discussing proposed…

Sentenced ‘Bitcoin czar’ named among Pandora Papers

The International Consortium of Investigative Journalists (ICIJ) has identified a major crypto criminal among those exposed to have funneled funds into shadowy tax havens in its “Pandora Papers.’ According to an Oct. 3 ICIJ document summarizing the organization’s findings from its Pandora Papers investigation, offshore assets belonging to a so-called “Bitcoin czar sentenced for money laundering in connection with the largest cyberheist in history” were identified to be handled by one of the firms. The Pandora Papers comprise a 2.94 terabyte data trove spanning 11.9 million records from 14 different…

What the ‘Pandora Papers’ Mean for Bitcoin

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW breaks down the latest in a string of embarrassing leaks about how the world’s elite and wealthy use offshore accounts to obfuscate ownership and hide their wealth. He looks at: How the Pandora Papers compare to the 2016 Panama Papers and the 2017 Paradise Papers Examples of surprising revelations How South Dakota has become a wealth haven What the leaks mean for future crypto crackdowns See also: Bank of America Launches Research for ‘Too Large to Ignore’ Digital…