Author: Miller Trump

The British Columbia Securities Commission Investigation The British Columbia Securities Commission (BCSC) recently conducted an investigation into the founder of ezBtc, a cryptocurrency exchange based in Canada. The investigation revealed that the founder had misappropriated millions of dollars in customer funds for personal use, leading to heavy losses for investors. This shocking revelation has sent shockwaves throughout the cryptocurrency community, raising concerns about the security and trustworthiness of digital asset exchanges. The Misuse of Customer Funds According to the BCSC report, the founder of ezBtc used customer funds to support a lavish lifestyle, including luxury cars, vacations, and expensive purchases.…

A three-judge panel partially overturns class-action lawsuit against Binance.US and CoinMarketCap A three-judge panel has partially overturned a class-action lawsuit that accused Binance.US and CoinMarketCap of manipulating the price of the HEX token. Background of the case The class-action lawsuit against Binance.US and CoinMarketCap alleged that the two companies were involved in manipulating the price of the HEX token, causing financial harm to investors. The lawsuit claimed that the defendants engaged in fraudulent activities to artificially inflate the value of HEX, leading to substantial losses for those who had invested in the cryptocurrency. Decision of the three-judge panel After reviewing…

BlackRock’s Ethereum Trust Approaches $1 Billion Inflows BlackRock’s iShares Ethereum Trust (ETHA) is on the brink of a significant milestone, with inflows nearing the $1 billion mark. This achievement underscores the increasing acceptance and interest in Ethereum-based investment products within traditional financial markets. Launched on July 23, 2024, ETHA provides investors with a streamlined avenue to access Ethereum investment without dealing with the complexities typically associated with direct cryptocurrency investments. Impact on Ethereum Price The introduction and success of ETHA initially sparked investor enthusiasm, leading to a rise in the price of Ethereum above $3,400. However, this excitement proved short-lived…

Bitcoin Trading Volume and Liquidity Trends Bitcoin, the world’s largest cryptocurrency, experiences fluctuating trading volume and liquidity throughout the week. According to recent data, trading activity and market depth are most concentrated on weekdays. This phenomenon can be attributed to various factors, including the influence of Exchange-Traded Funds (ETFs) on Bitcoin markets. On weekdays, Bitcoin trading volume tends to be higher as institutional investors and professional traders actively participate in the market. These individuals typically operate on a schedule aligned with traditional financial markets, which are open during the week. As a result, liquidity is higher, and price movements are…

BitGet Wallet: A Major Player in the Crypto Space BitGet wallet has seen exponential growth, attracting 30 million users within a year. In July 2024, the platform broke records for global app downloads, surpassing MetaMask’s growth rate. The surge can be attributed to advanced on-chain trading capabilities, especially in the meme coin ecosystem. Features like smart money tracking and zero gas fees have made Bitget wallet a preferred choice for users worldwide. Driving Factors Behind BitGet Wallet’s Success The TON ecosystem and the recently launched BWB token have been instrumental in BitGet Wallet’s growth. The TON network has become the…

The Lawsuit Against Terraform Labs: Seeking $1.3 Billion in Damages The liquidators of Three Arrows Capital have taken legal action against Terraform Labs, seeking $1.3 billion in damages. This lawsuit is a crucial step in the ongoing efforts to recover funds from creditors following the liquidation of Three Arrows Funds. Market Manipulation and Token Collapse The lawsuit revolves around the losses incurred due to the plummeting value of tokens TerraUSD and LUNA in 2022. Allegations suggest that Terraform’s market manipulation tactics resulted in a catastrophic collapse, leading to the demise of Sanjian. According to Bloomberg, Three Arrows’ liquidators claim that…

iVest Suffers Critical Security Breach iVest, a leading financial platform, recently fell victim to a sophisticated cyberattack resulting in an “empty address” vulnerability. This attack has put millions of PCs at risk of being infected with “unremovable” malware, posing a serious threat to users’ personal information and financial data. The repercussions of this breach are far-reaching, highlighting the importance of robust cybersecurity measures in today’s digital landscape. The Rise of Web3 Gaming and Its Pitfalls Web3 gaming has gained significant popularity in recent years, offering players unique opportunities to earn cryptocurrency through virtual gameplay. However, this burgeoning industry is not…

The Impact of Cryptocurrency on the U.S. Presidential Election As the U.S. presidential election draws near, the Democratic Party’s stance on cryptocurrency is emerging as a critical issue that could sway voter support. A recent poll conducted by cryptocurrency venture capital firm Paradigm sheds light on the influence of cryptocurrency on the election. The Shift in Support Based on Cryptocurrency Experience According to the poll, a significant number of Democrats who have invested in cryptocurrency expressed hesitation in supporting Vice President Kamala Harris, with some even leaning towards supporting Trump. This trend highlights the growing importance of cryptocurrency policy in…

Tragic Motorcycle Crash Claims Two Lives in the Bronx A tragic motorcycle crash in the Bronx early Sunday claimed the lives of two young individuals, including a 13-year-old boy who had recently immigrated to New York City from Mexico in search of a better life. Alejandro Rodriguez-Villagomez, the young victim, was riding as a passenger on a motorcycle with 21-year-old Joson Alexis Rodriguez-Huerta when the driver lost control, resulting in a fatal accident. Seeking a Better Life in New York City Rodriguez-Villagomez’s cousin shared that the 13-year-old had only been in the city for a few months after leaving Mexico…

The Ethereum Fund Outperforms Bitcoin ETPs in Monthly Performance The Ethereum fund has been making waves in the cryptocurrency market, outperforming Bitcoin Exchange-Traded Products (ETPs) in terms of monthly performance. With inflows reaching $150 million so far this month, Ethereum is proving to be a strong contender in the digital asset space. Comparing Performance When comparing the performance of the Ethereum fund and Bitcoin ETPs, it is clear that Ethereum has been the standout performer. This month, Ethereum has seen significant inflows, signaling strong investor interest in the digital asset. On the other hand, Bitcoin ETPs have not seen the…

Crypto-Sec: Protecting Against Cyber Threats in the Digital Age In recent news, iVest has fallen victim to an “empty address” vulnerability attack, putting millions of PCs at risk of being infected by “unremovable” malware. Additionally, Web3 gamers were recently deceived into unwittingly approving a transaction worth $69,000. These incidents highlight the growing importance of cybersecurity in the digital age, where threats can lurk around every corner. Protecting Your Assets in the Online World With the rise of digital assets and the increasing interconnectedness of online platforms, it is more crucial than ever to ensure that your digital assets are well-protected.…

Bitcoin Miner TeraWulf Exceeds Expectations Bitcoin miner TeraWulf, despite a 21% year-on-year decrease in mined Bitcoins in the second quarter, managed to exceed analysts’ expectations with quarterly revenue of $35.6 million. This achievement showcases the resilience and profitability of the mining industry, even in the face of challenges. The Impact of Decreased Bitcoin Mining The decrease in mined Bitcoins for TeraWulf raises questions about the overall health of the Bitcoin mining sector. While the decrease may be concerning, it is essential to consider external factors that could have influenced these numbers. Adapting to Market Trends As the cryptocurrency market continues…

iVest Vulnerability Attack: A Major Threat to Millions of PCs The recent “empty address” vulnerability attack on iVest has sent shockwaves through the crypto world, leaving millions of PCs at risk of infection by “unremovable” malware. This sophisticated attack exploited a flaw in iVest’s security protocols, allowing hackers to inject malicious code into the platform and compromise users’ devices without their knowledge. First and foremost, it is crucial for all iVest users to take immediate action to protect their PCs from this dangerous threat. Updating antivirus software, running regular malware scans, and avoiding suspicious links and downloads are essential steps…

Burglary at Trump Campaign Office in Virginia It had a Watergate feel to it. Over the weekend, one of former President Donald Trump’s Virginia campaign offices was burglarized, leaving authorities searching for a suspect, as reported on Monday. The Loudoun County Sheriff’s Office disclosed that the break-in took place around 9 p.m. on Sunday at Trump’s campaign office in Ashburn, prompting deputies to respond to the scene. Video surveillance captured a white adult male, donning dark clothing, a dark baseball cap, and carrying a backpack, as the burglary suspect entering the office. Loudoun County Sheriff Mike Chapman characterized the incident…

iVest Vulnerability Attack: Millions of PCs at Risk The recent “empty address” vulnerability attack on iVest has sent shockwaves through the cryptocurrency community. This attack has left millions of PCs vulnerable to malware that is virtually unremovable. The ramifications of this attack are far-reaching, with users at risk of losing their sensitive information and digital assets. As the threat of cyber attacks continues to grow, it is more important than ever for users to stay vigilant and protect themselves against such vulnerabilities. The Rise of Cybersecurity Threats in the Crypto World In recent years, the cryptocurrency world has seen a…

Crypto-Sec: Protecting Your Investments in the Digital Age In recent news, iVest has fallen victim to an “empty address” vulnerability attack, highlighting the ongoing risks associated with digital investments. Millions of PCs are now under threat from “unremovable” malware, posing a significant cyber security concern. Additionally, Web3 gamers have been duped into approving fraudulent transactions, resulting in losses totaling $69,000. These alarming events underscore the importance of robust security measures in the crypto space. The Impact of Cyber Attacks on iVest With the rise of online trading platforms, investors have increasingly turned to digital assets as a means of diversifying…

Crypto-Sec: iVest Vulnerability Attack and Web3 Gamer Scam The recent cybersecurity threats in the world of cryptocurrency and web3 technology have raised concerns among users and experts. iVest, a popular investment platform, has suffered from an “empty address” vulnerability attack, putting millions of users’ funds at risk. Additionally, a new strain of “unremovable” malware has been discovered, threatening PCs worldwide. In another incident, Web3 gamers were tricked into unknowingly approving a transaction worth $69,000. These alarming events highlight the importance of robust security measures and user awareness in the digital age. iVest Vulnerability Attack: A Wake-Up Call The “empty address”…

The Not-So-Modern-Day Robin Hood: The Case of Say-Quan Pollack A federal judge in Brooklyn recently handed down a sentence of over seven years to Say-Quan Pollack, a gangster who targeted Brooklyn Bishop Lamore Whitehead during a sermon. Despite Pollack’s attempts to portray himself as a modern-day Robin Hood, the judge saw through his facade and labeled him as nothing more than a common “mugger.” The Robbery and Sentencing Pollack, armed with a gun, interrupted Bishop Whitehead’s sermon and stole valuables from both the bishop and his wife, all while their young daughter was present. Despite Pollack’s claims of deserving leniency…

Back-to-school shopping trends in the U.S. As back-to-school shopping season kicks off in the U.S., many consumers are already purchasing supplies for the upcoming school year. The National Retail Federation reported that more than half of consumers have started their shopping, with total spending expected to reach $38.8 billion. It’s important for shoppers to be mindful of their household budgets and do some research before making purchases. Types of back-to-school supplies Back-to-school supplies vary depending on the age of the student. For example, college shopping may include items such as laptops, clothing, and shoes. Additionally, parents are also facing costs…

OKX Cryptocurrency Exchange Withdraws Services in Nigeria On August 16, 2024, OKX announced that it will cease its cryptocurrency exchange services in Nigeria, citing regulatory pressures as the reason behind its decision. This move follows similar exits by exchanges like Binance and KuCoin, highlighting the challenges posed by the regulatory environment in the country. Impact on Nigeria’s Cryptocurrency Market The withdrawal of OKX is a significant setback for Nigeria’s crypto space, particularly for its youth who rely on digital currencies for financial inclusion and business opportunities. With the loss of multiple exchanges, the country’s budding cryptocurrency market faces hurdles that…

Putting an End to the Immigration Crime Spree: How Many More Innocent Lives Must Be Lost? The recent wave of violent crimes committed by immigrants in the United States has left many citizens outraged and fearful for their safety. Despite numerous incidents of robbery, rape, and murder, perpetrators are often released back into the community, posing a continued threat to society. The Failure of the Justice System One disturbing example is the case of Henry Brito, a Venezuelan immigrant who was arrested multiple times for theft and later led a violent attack on NYPD officers. Despite his criminal history, Brito…

The Surprising Speed of Cryptocurrency ETF Adoption in the US The speed at which cryptocurrency exchange-traded fund (ETF) adoption is taking place in the United States has surprised even industry experts like Grayscale. The increasing interest and acceptance of digital assets in the financial market have paved the way for this rapid growth in ETF offerings. The Rise of Cryptocurrency ETFs The rise of cryptocurrency ETFs in the US can be attributed to the growing demand for diversified investment options in the digital asset space. Investors are increasingly looking for ways to gain exposure to cryptocurrencies without directly owning the…

The Junior Senator from Texas and Bitcoin Mining: A Potential Energy Solution The junior senator from Texas has been actively engaging with the cryptocurrency community, especially when it comes to Bitcoin mining. He has spoken at various conferences, highlighting the potential benefits of this innovative technology to the energy grid of the Lone Star State. The Importance of Bitcoin Mining in Texas One of the key reasons why Bitcoin mining is gaining traction in Texas is the abundance of renewable energy sources in the state. With its vast solar and wind resources, Texas is well-positioned to become a hub for…

Popular analyst Michael van de Pope has shared a list of altcoins that could rebound stronger after the last dip. Meanwhile, the cryptocurrency market has been rocked by the recent correction as Bitcoin (BTC) tested $49,000. Portfolio rebalancing is a go-to investment strategy for purposeful traders, especially during times of market volatility. To effectively manage risk, traders should diversify their investments into promising cryptocurrencies, develop a clear exit strategy, and maintain a systematic dollar-cost averaging approach. Top Altcoins Recommended by Analysts as Market Attempts Recovery Vanderpop looks at how altcoins are performing post-correction. He noted that Ethereum (ETH) DeFi has…

Beloved Brooklyn Church Choir Singer Stabbed to Death A tragic incident unfolded in Brooklyn when 45-year-old Nathaniel Thomas III, a beloved church choir singer, was stabbed to death by his next-door neighbor during a confrontation over loud music. The shocking crime took place on his daily walk to buy a newspaper, a routine he followed in honor of his late father. Community Mourns Loss of a Kind Soul Nathaniel Thomas III was known for his kind and gentle demeanor, always showing love and respect to everyone he encountered. His untimely death has left the community in shock and mourning the…

Grayscale Surprised by Speed of Cryptocurrency ETF Adoption in the United States The speed at which cryptocurrency exchange-traded funds (ETFs) are being adopted in the United States has taken even industry giant Grayscale by surprise. With an increasing number of investors looking to diversify their portfolios and explore the potential of digital assets, the demand for cryptocurrency ETFs has skyrocketed in recent months. The Growing Popularity of Cryptocurrency ETFs One of the main reasons driving the adoption of cryptocurrency ETFs is the growing acceptance and mainstream integration of digital currencies. Institutions and retail investors alike are now seeing the value…

End of an Era for WCBS 880 as ESPN Takes Over Long-standing New York news radio station WCBS 880 has reached the end of its operations as the station’s parent company sells its rights to ESPN. This decision marks the conclusion of WCBS 880’s nearly six-year history as the go-to source for news and information in the tri-state area. The Impact on New York’s Media Landscape With ESPN New York set to take over the 880 AM signal on August 26, the sale will have significant implications for the media landscape in New York. 1010 WINS, another Audacy station, will…

The S&P 500 Index Boosting Bitcoin and Altcoin Buying The recent recovery momentum of the S&P 500 Index has had a positive impact on the cryptocurrency market, leading to increased buying of Bitcoin and some altcoins in the short term. Investors are looking for alternative assets to diversify their portfolios and hedge against market volatility. As a result, digital currencies like Bitcoin, Ethereum, and Litecoin have seen renewed interest and investment. Bitcoin’s Role in the Market Recovery Bitcoin, as the leading cryptocurrency, has often been viewed as a safe haven asset during times of economic uncertainty. The recent fluctuations in…

The Success of “Hamster Kombat” in Web3 Game Development The game “Hamster Kombat” has taken the gaming world by storm, attracting over 300 million users and setting a new record for Web3 game development. This incredible success has brought attention to the potential of blockchain technology in gaming and has paved the way for future innovations in the industry. The Rise of Web3 Gaming In recent years, Web3 gaming has been gaining traction as developers explore new ways to incorporate blockchain technology into games. This approach allows for the creation of decentralized games where players have ownership over in-game assets…

Hit-and-Run Driver Seriously Injures Pedestrian in Manhattan In the early hours of Monday, August 12, 2024, a tragic hit-and-run incident occurred in Manhattan, leaving a 30-year-old man critically injured. The driver of a dark-colored sedan ran a red light and struck the pedestrian as he was crossing the street, according to the police report. The victim was rushed to Bellevue Hospital in critical condition, and authorities are now on the lookout for the suspect responsible for this heinous act. Details of the Incident The incident took place at 2:45 a.m. at the intersection of Eighth Avenue and West 49th Street…