- Rikers Island Jail Inmate Dies From Medical Incident
- Upbit Adds USDT Trading for Brett and Pepe Coins
- Unlocking Bitcoin Liquidity for DeFi with Corn
- Random attack at Los Angeles subway station shocks community
- SEC Updates Regulations for Cryptocurrency Trading Platforms.
- State Street Partners with Taurus for Real-World Asset Tokenization
- Ledn’s $50 Million Bitcoin-backed Loan Transforms Crypto Finance.
- Warning: Malicious Google Chrome Extension Targeting Solana Users
Author: Miller Trump
Misdemeanor Sexual Assault Charge for Utah Employee Who Pulled Down Teen’s Skirt A now-fired Utah employee who went viral for pulling down a teenage girl’s miniskirt in a fit of rage at a busy steakhouse has reportedly accepted a plea deal. Ida Ann Lorenzo, 49, pleaded “no contest” to a misdemeanor sexual assault charge. Acceptance of Plea Deal Lorenzo admitted that she “intentionally” touched another person’s buttocks “knowingly and with knowledge that it would cause offense or alarm,” court documents state. Under the agreement, Lorenzo’s plea will be stayed for a year, and the case against her will be dismissed.…
Bitflow integrated its exchange functionality into the Leather wallet of 370,000 users. This collaboration enhances user experience and expands the accessibility of Bitcoin DeFi. The integration ensures the best exchange rate for various DEXs on Stacks. Bitflow, a decentralized exchange (DEX) that allows users to trade and earn money using Bitcoin, has announced the integration of its exchange functionality into Leather Wallet, a leading Bitcoin ecosystem wallet. The partnership simplifies asset exchange on Stacks for more than 370,000 Leather wallet users, removing barriers to deeper participation in decentralized finance (DeFi). The integration is expected to expand the user base and…
Back-to-School Scams Targeting Students: How to Stay Safe As students gear up for the back-to-school season, security experts warn of a rise in education-related scams targeting young people. Despite being tech-savvy, students can still fall victim to various schemes, making it crucial to stay vigilant against potential threats. The Federal Communications Commission has issued a warning to students and parents to be cautious when sharing personal information. Here are some common back-to-school scams to watch out for. Textbook Shopping Scam While looking for deals on school supplies like textbooks and laptops, students should be wary of fake online stores offering…
Impact of Ethereum ETF Approval on Price Since the spot Ethereum ETF was approved, the price of Ethereum has fallen by 10%, with open interest losing more than $250 million in value in the past 24 hours. This unexpected drop has left many investors searching for answers as to why the approval of the ETF did not lead to an increase in Ethereum’s value. The Role of Market Sentiment One possible explanation for the price drop could be attributed to market sentiment. The approval of the ETF may have raised expectations among investors, leading to a surge in buying activity…
The Integration of Ethena USDe on Bybit: A Game Changer for Users The recent integration of Ethena USDe on Bybit has brought about exciting opportunities for users of the platform. This move not only expands the options available for users but also presents them with additional benefits in the form of daily airdrop rewards. The Significance of Ethena USDe Integration The integration of Ethena USDe on Bybit marks a significant milestone for both platforms. Bybit users now have access to a stablecoin that is backed by USD reserves, providing them with a reliable and secure digital asset to trade with.…
Cryptocurrency Market Update The cryptocurrency markets closed on a mixed note on Thursday, with most top coins experiencing a downturn. Bitcoin managed to edge up by 0.25% in the last 24 hours, offering some stability at the top. Despite this, the majority of top coins, excluding BNB and ADA, saw significant losses. Conversely, meme coins gained traction during the mid-week period. Traders are currently holding off on investments, waiting for the market to settle. This daily update provides insights into the latest developments in the cryptocurrency space. Bitcoin’s Performance Bitcoin, the leading cryptocurrency, is facing challenges in maintaining its momentum.…
Bitfarms CEO Ben Gagnon Reports 62% Increase in Bitcoin Revenue Since Halving Bitfarms, a Bitcoin mining company based in North America, has seen a significant 62% increase in Bitcoin revenue since the halving event that occurred in April. This news comes directly from the company’s CEO, Ben Gagnon, who shared this information in a recent interview. The Impact of Bitcoin Halving on Mining Companies The Bitcoin halving event, which takes place approximately every four years, is a significant moment for mining companies as it cuts the rewards miners receive in half. However, despite the reduced rewards, companies like Bitfarms have…
The Murder of Whitey Bulger: A Convicted Gangster’s Role In the case of the 2018 murder of notorious Boston gangster James “Whitey” Bulger at a federal prison in West Virginia, Massachusetts gangster Paul J. DeCologero has been charged for his involvement. DeCologero, who is currently serving a 25-year prison sentence for a previous crime, pleaded guilty to assault charges related to the assault resulting in Bulger’s death. DeCologero’s Limited Role in the Murder While DeCologero was initially implicated in physically attacking Bulger along with another inmate, it was later revealed in court that he was acting as a lookout during…
Introduction to ArbDoge AI Crypto ArbDoge AI Crypto is a groundbreaking project that merges artificial intelligence technology with blockchain on the Arbitrum network. The main objective of this project is to enhance Ethereum’s security model and advance smart contract development. Key Focus of ArbDoge AI ArbDoge AI is focused on several key aspects: Enhancing Ethereum’s security model through the integration of artificial intelligence with blockchain on the Arbitrum network. Setting new industry standards in smart contract development by leveraging artificial intelligence technology. Offering unique features like the Truth AIDOGE NFT Collection, which provides insights into trading volume and price trends.…
The “makenowmeme” Account on X: Creating Meme Coins on Solana The “makenowmeme” account on X allegedly provides a way for X users to create meme coins on Solana through a simple post. What is “makenowmeme” on X? The “makenowmeme” account on X is a platform that allows users to easily create meme coins on the Solana blockchain. By simply making a post on the platform, users can tokenize their memes and turn them into unique digital assets. This innovative approach has gained popularity among meme creators and crypto enthusiasts alike. How Does It Work? To create a meme coin on…
The Tragic Death of Jonathan Lewis: Justice Denied The senseless and tragic death of Jonathan Lewis, a teenager from Las Vegas, has brought to light the failures of the justice system in his case. Despite the heinous nature of his murder at the hands of a group of bullies, his killers are now set to escape adult prosecution, much to the anguish of his grieving mother, Mellisa Ready. A Mother’s Anguish Mellisa Ready’s pain and frustration are palpable as she speaks out against the decision made by the Clark County District Attorney. The plea deal struck for the four teenagers…
Tracking Stablecoin Holdings: A Project by BIS and the Bank of England The Bank for International Settlements (BIS) and the Bank of England are collaborating on a project to monitor stablecoin holdings in real time. This initiative aims to enhance oversight and transparency in the cryptocurrency industry, focusing on stablecoins that have raised concerns among regulators. The Pike Trial: Strengthening Regulation in the UK The UK Financial Services Authority has launched the Pike trial to strengthen regulation in the digital asset space. This trial not only focuses on stablecoin debt and backing assets but also extends to other tokenized products…
Ethereum ETF Sees Strong Inflows Amid Market Activity On August 1, the Ethereum ETF experienced significant net inflows of $26.7 million, showcasing renewed investor interest in the cryptocurrency market. This surge in inflows was driven by BlackRock funds, which poured money into the ETF, overshadowing outflows from the Grayscale Ethereum Trust Fund. BlackRock Funds Lead the Inflows BlackRock, known as the world’s largest asset manager, played a pivotal role in boosting the Ethereum ETF with substantial inflows. This move by BlackRock signals a growing acceptance of cryptocurrencies as viable investment options among traditional financial institutions. Furthermore, the influx of funds…
MicroStrategy’s Strategic Bitcoin Acquisition MicroStrategy Incorporated has recently made headlines with its strategic move to increase its Bitcoin holdings significantly. In the second quarter of 2024, the company purchased 12,222 Bitcoins, totaling $8.3 billion at an average price of $36,821 per Bitcoin. This brought their total Bitcoin holdings to 226,500 BTC, valued at $14.65 billion. Former CEO Michael Saylor also purchased 169 BTC for $11.4 million in July alone, solidifying the company’s commitment to cryptocurrency. Financial Performance and Market Strategy Despite the volatile nature of the cryptocurrency market, MicroStrategy reported a 21% year-over-year increase in subscription services revenue, amounting to…
Marathon Digital: A Closer Look at Second-Quarter Results Although Marathon Digital’s performance increased by 78% year-on-year, its second-quarter results fell short of consensus expectations. The Impact of Marathon Digital’s Performance Increase Marathon Digital, a leading Bitcoin mining company, has shown significant growth in the last year. With a 78% increase in performance compared to the previous year, the company has been attracting attention from investors and industry experts alike. This growth had raised expectations for the second-quarter results, but unfortunately, the outcomes did not meet the consensus projections. Factors Contributing to the Shortfall Several factors may have contributed to Marathon…
Cryptocurrency Attack Causes CVG Token to Plummet More Than 99% The recent cyberattack on Convergence, a decentralized finance platform, has led to a drastic drop in the value of its native token, CVG. The attack took place at approximately 3 a.m. UTC on August 1, causing panic among investors and resulting in a significant loss of funds. Impact of the Attack on CVG Token Following the security breach, the price of CVG plummeted by more than 99%, leaving many holders devastated. This sharp decline in value has raised concerns about the vulnerability of DeFi platforms to cyber threats and the…
The Truth Behind Coinbase’s Allegations Amidst recent controversy, Coinbase Chief Legal Officer Paul Grewal has come forward to address the accusations surrounding the company. Grewal staunchly defended Coinbase, dismissing the claims as baseless “misinformation.” He clarified that Coinbase is not subject to certain campaign finance regulations due to its status as a non-federal contractor. The Allegations: Separating Fact from Fiction Despite the uproar surrounding Coinbase, it is crucial to analyze the situation objectively and separate fact from fiction. The allegations levied against the company have stirred up a whirlwind of speculation and doubt. However, it is important to delve deeper…
Cryptocurrency options expiry: Impact on market volatility Options expiry: A catalyst for market movement As $3 billion worth of Bitcoin and Ethereum options approach their expiry date, the cryptocurrency market is bracing for a potential major move. With such a large contract size at play, investors are closely monitoring how this event will influence market volatility. Bitcoin and Ethereum options: Key figures and implications According to Deribit data, there are approximately $2.34 billion worth of Bitcoin options set to expire today, with a maximum loss potential of $66,000. The put to call ratio stands at 0.58, indicating a higher preference…
Asia Express: Philippines Opposes WazirX & Japan’s Virtual Universe Project The Philippines is taking a strong stance against WazirX’s controversial “socialized loss” strategy, calling for its removal from the app store. This move has sparked tensions in the cryptocurrency community, with many questioning the ethics and implications of such a policy. Meanwhile, Japan is forging ahead with its ambitious virtual universe project, which promises to revolutionize the way we interact with technology. The Philippines’ Opposition to WazirX The Philippines’ government officials have expressed deep concerns over WazirX’s decision to implement a “socialized loss” strategy, which redistributes losses across all users…
The Philippines Calls for Delisting of WasirX From Binance Amid Socialized Loss Backlash The Philippines has urged cryptocurrency exchange Binance to remove WasirX, a virtual universe initiative from Japan, from its app store. This request comes in the wake of growing criticism surrounding WasirX’s controversial “socialized loss” strategy, which has faced backlash from users and regulators alike. The Socialized Loss Controversy The socialized loss strategy implemented by WasirX has sparked outrage among users who feel that their investments are at risk of being unfairly impacted. This strategy involves distributing losses incurred during trading among all users of the platform, leading…
The Philippines calls for Binance to delist WasirX amidst controversy The Philippines has urged Binance to remove WasirX, Japan’s virtual universe project, from its app store due to the criticism it has faced for its “socialized loss” approach. The move comes as regulators and lawmakers in various countries are increasing their scrutiny of cryptocurrency platforms and their practices. The backlash against WasirX One of the main reasons behind the call for delisting WasirX is the controversy surrounding its “socialized loss” strategy. This approach involves distributing the losses incurred by a small group of users across the entire platform’s user base.…
Legal Battle Over CityFHEPS Rental Assistance Program A Manhattan judge ruled Thursday that the City Council overstepped its authority in crafting a package of bills that would have made more New Yorkers eligible for the popular CityFHEPS rental assistance program, handing a victory to Mayor Adams who refused to provide reasons for implementing these measures. Manhattan Supreme Court Justice Lyle Frank’s ruling indefinitely blocks the bill from taking effect, dealing a blow to a group of low-income New Yorkers who filed a related lawsuit in February to try to force Adams to implement the law. Implications of the Court Decision…
The Philippines urges Binance to delist WasirX from its app store The Philippines recently made headlines by calling on Binance to remove WasirX, Japan’s virtual universe initiative, from its app store. This request came in response to the growing backlash surrounding WasirX’s controversial “socialized loss” strategy. Asia Express reported on the story, shining a spotlight on the implications of this bold move. Backlash over “socialized loss” strategy The primary point of contention surrounding WasirX is its utilization of a “socialized loss” strategy, which has sparked outrage among users and regulators alike. This controversial practice involves spreading the losses incurred by…
The Cryptocurrency Advocacy Group Advocates for Bitcoin in the United States The cryptocurrency advocacy group is taking a proactive approach in promoting Bitcoin within the United States. By hand-delivering letters to each U.S. senator, the group is emphasizing the importance of Bitcoin in securing the country’s position as a global leader in the digital economy. Bitcoin’s Role in Strengthening the U.S. Economy Bitcoin has the potential to revolutionize the way financial transactions are conducted, offering a secure and decentralized alternative to traditional banking systems. By incorporating Bitcoin into the U.S. economy, the country can enhance its competitiveness on the global…
Tragic Accident Claims Lives of Two Long Island Teens Early Thursday morning, tragedy struck on the South Islip State Parkway as two young lives were lost in a horrific crash. Oliver Charles, 18, of Deer Park, and Diamond Saunders, 17, of West Babylon, lost their lives when the 2010 Toyota Prius they were in overturned near Exit 43A. Authorities received a 911 call around 2 a.m. reporting the rollover, and upon arriving at the scene, they found the severely damaged vehicle. Sadly, Charles and Saunders were pronounced dead at the scene, while the three other passengers were hospitalized with non-life-threatening…
The Philippines Calls for Delisting of WasirX Amid Backlash over “Socialized Loss” Strategy The Philippines has made a bold move in calling for Binance to delist WasirX, Japan’s virtual universe initiative, from its app store. This decision comes as a response to the growing backlash over WasirX’s controversial “socialized loss” strategy, which has raised concerns among users and regulators alike. Concerns Over Socialized Loss Strategy The “socialized loss” strategy implemented by WasirX has sparked outrage and debate within the cryptocurrency community. This strategy involves spreading losses incurred from security breaches and hacks across all users of the platform, rather than…
The Philippines Urges Binance to Delist WasirX Amid Backlash Over “Socialized Loss” Strategy The Philippines has called on Binance to remove WasirX, Japan’s virtual universe initiative, from its app store due to growing criticism of its “socialized loss” strategy. This move comes as regulators in various countries raise concerns about the risks associated with crypto platforms and their impact on users. Concerns Over Socialized Loss Approach One of the key issues raised by critics of WasirX is its use of a “socialized loss” approach to handle losses incurred by users on the platform. This strategy involves distributing losses across all…
Massachusetts Conman Indicted for Defrauding 9/11 Survivor A ruthless Massachusetts conman, Richard Yasnis, has been indicted on charges of posing as an investment broker and stealing more than $140,000 from an ailing 9/11 survivor and her widowed mother, officials in Long Island have revealed. Yasnis, 43, allegedly targeted victims who had helped at Ground Zero after the September 11 attacks and were eligible for the 9/11 Victims Compensation Fund. False Promises and Deception Yasnis posed as a licensed broker with Cahill Financial Group and lured the victims into a fraudulent property renovation opportunity, promising a 20% profit. He convinced the…
The Philippines’ Call for Binance to Delist WasirX The recent controversy surrounding Binance and WasirX in the Philippines has sparked a heated debate within the crypto community. The Philippine government is urging Binance to delist WasirX, Japan’s virtual universe initiative, from its app store due to concerns over its “socialized loss” strategy. This move comes as a response to mounting pressure from local regulators and stakeholders who are worried about the potential risks associated with this controversial approach. The Backlash Against “Socialized Loss” Strategy The core issue at the heart of the controversy is WasirX’s implementation of a “socialized loss”…
The Gateway Program: Transforming Rail Connections between New York and New Jersey The Gateway Program, a massive initiative aimed at revitalizing rail connections between New York and New Jersey, took a significant step forward as the Gateway Development Commission awarded a key construction contract. The project involves digging tunnels under Hudson County to link metropolitan New York with the New Jersey swamps, opening up new possibilities for transportation in the region. Major Construction Contract Awarded for Palisades Tunnel The Gateway Development Commission approved a substantial $465.6 million contract with a joint venture of Schiavone and Dragados construction companies to dig…