Former United States President Donald Trump may have earned between $100,000 and $1 million from the sale of his 45,000-piece NFT collection, according to data from his latest financial disclosure published by watchdog group “Citizens for Responsibility and Ethics in Washington” (CREW). CREW reports that Trump may have made the aforementioned amount from the sale of the NFTs, which were launched on December 15, 2022, and showcased his life and presidential career. Trump’s...
Read More »MinePlex Explained: a Comprehensive Guide to Blockchain Ecosystem and Its Tokenomics
MinePlex is a digital ecosystem that creates next-generation payment solutions to expand blockchain’s potential and make cryptocurrency usage as easy as traditional currencies. The company uses unique CrossFi technology to fulfill this mission, combining traditional finance’s stability with blockchain technology’s transparency and security, which is covered in detail in the project’s whitepaper (PDF). MinePlex Ecosystem The ecosystem is built on its own blockchain,...
Read More »Ether (ETH) Price Shoots 11-Month High despite Over 1M Withdrawals
Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...
Read More »Bittrex Set to Face Enforcement Actions from US SEC
It is becoming a trend that the SEC is choosing enforcement actions over dialogue. The United States-based digital currency trading platform Bittrex is likely the next exchange to face enforcement actions from the Securities and Exchange Commission (SEC). According to a report by the Wall Street Journal, the trading platform has received a Wells Notice from the regulator for key aspects of its operations within the country. According to the notice which is typically issued before...
Read More »South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall
After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse. As the legal battle between Do Kwon and South Korean prosecutors continues, the prosecutors stated that the CEO of Terraform Labs Do Kwon transferred some money to a law firm before TerraUSD and Luna crumbled. There are reports about the crypto entrepreneur sending 9 billion won ($7 million) to local law firm Kim & Chang just before the demise of the tokens he created. Do Kown is the...
Read More »Lending Protocol Hundred Finance Loses $7M in Fresh DeFi Exploit
The hacker was able to withdraw more tokens than were initially deposited. There appears to be a rising case of DeFi exploits and multichain lending protocol Hundred Finance may be the latest victim. According to a recent announcement by the protocol, attackers found a loophole to successfully manipulate the exchange rate between ERC-20 tokens and hTOKENS. And as a result, the attacker has reportedly made away with no less than $7.4 million from the protocol. Meanwhile, it might be worth...
Read More »Ripple Sets the Record Straight, Counters SEC’s Argument on Fair Notice Defense
The ongoing legal dispute between the United States Securities and Exchange Commission (SEC) and Ripple has taken another turn as the San Francisco-based blockchain company has countered the SEC’s argument regarding its fair notice defense strategy. According to a document filed on April 13, Ripple insisted that the case cited by the SEC did not provide any grounds to dismiss the fair notice defense. The blockchain company also substantiated its claims that the securities...
Read More »Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet address associated with the exploiter of the DAO Maker breach from 2021 sent $600,000 worth of DAI stablecoin through the controversial coin mixer. According to the blockchain security firm, PeckShield, the wallet had been dormant for more than 200 days. The movement was detected nearly seven months after another wallet linked with the exploiter transferred...
Read More »Caizcoin Introduces Islamic Compliant IFBA Consensus Algorithm
[PRESS RELEASE – Please Read Disclaimer] Caizcoin has successfully invented and developed Islamic Federated Byzantine Agreement (IFBA), a Fiqh compliant consensus mechanism. IFBA incorporates three key innovations over the Federated Byzantine Agreement (FBA) algorithm. These key innovations ensure that nodes in the Caiz blockchain can always reach consensus, ensuring that the blockchain will never stop running. IFBA is a consensus algorithm that has gained significant...
Read More »ChatGPT: Bitcoin-Preis liegt im Dezember 2024 zwischen 70’000 und 150’000 US-Dollar
Ich habe mal ChatGPT nach einer konkreten Schätzung des Bitcoin-Preises im Dezember 2024 gefragt. Denn es ist doch interessant zu wissen, wie hoch AI oder sogenannte künstliche Intelligenz den Bitcoin-Preis prognostiert. Hier ist eine Abschrift des kompletten Chats: Kennst Du Bitcoin? ChatGPT: Ja, ich kenne Bitcoin. Bitcoin ist eine dezentrale digitale Währung, die auf einer öffentlichen Blockchain-Technologie basiert. Es wurde 2009 von einer Person oder Gruppe von Personen unter dem...
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