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Das ist keine Schokolade, sondern ein Goldbarren aus lauter abbrechbaren 1-Gramm-Goldstücken von Valcambi: In der Welt der Edelmetalle gibt es immer wieder faszinierende Innovationen. Ein besonders bemerkenswertes Produkt ist der Goldbarren, der auf den ersten Blick wie ein gewöhnlicher Schokoladenriegel aussieht. Doch bei genauerer...

A former Kansas bank executive was sentenced to 293 months in federal prison for embezzling $47.1 million in a cryptocurrency fraud scheme that led to the collapse of Heartland Tri-State Bank (HTSB). Shan Hanes, 53, the former CEO of HTSB, pleaded guilty to one count of embezzlement by a bank officer. $47M Crypto Fraud Court documents revealed that Hanes executed 11 unauthorized wire transfers between May and July 2023, directing $47.1 million of the bank’s funds to a...

The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In fact, he said it’s not a matter of if there will be cuts but how deep to make them: “The time has come for policy to adjust. The direction of travel is...

In Nigeria, there is increasing advocacy for a shift in the regulatory framework governing the cryptocurrency industry, with calls for a focus on compliance rather than criminalization. Obinna Iwuno is the former president of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN). He has emerged as a prominent advocate for a more balanced regulatory approach. Iwuno has also noted that the current legal framework, which has resulted in contract laws and legal battles, and...

Indian exchange WazirX took shots at certain unnamed entities, accusing them of making it harder for the exchange to start its restructuring process. The process will allow the exchange to refund users appropriately while securing their assets simultaneously. As the effects of the WazirX hack from July carry on, preventing its users from withdrawing their crypto, the exchange announced a restructuring plan on August 23. It also stated users could withdraw their INR (Indian Rupee) deposits in...

Binance announced that it has prevented over $2.4 billion in losses from potential scams and fraudulent activities that could have impacted more than 1.2 million users from January to July 2024 owing to its risk management measures. According to the official press release shared with CryptoPotato, Binance employs an internal risk engine that provides 24/7 real-time monitoring using a combination of artificial intelligence (AI) and manual reviews. Binance’s Internal Risk...

Das Jahr 2024 war bislang ein grosses Jahr für Gold. Der Wert des Edelmetalls hat alle zu Jahresbeginn gehegten Erwartungen übertroffen. So erreichte der Goldpreis in der vergangenen Woche einen neuen Höchststand. Aktuell notiert eine Unze Gold in der Schweiz auf 2’129,62 CHF, das ist praktisch ein Höchststand. Goldpreis im Aufwind:...

Simon’s Cat, a popular meme and animated series, has locked over $15 million worth of $CAT and $BNB tokens using Floki’s crypto locker protocol, FlokiFi Locker. Floki announced this revolutionary news via the official X account. These tokens are locked on the BNB Chain for an astonishing 420 million years which means they will not be available for generations. This move demonstrates Simon’s Cat’s dedication to security and confidence in employing Floki’s locker protocol, which has received...

After every crypto bull run, a crypto winter often follows, resulting in steep price declines for cryptocurrencies and significant financial losses for investors. As the market prepares for a potential 2024 crypto winter, it’s important to identify and navigate assets and crypto projects like ETFSwap (ETFS) that can become safe havens and offer valuable investment opportunities to investors.  Guide To Navigating A 2024 Crypto Winter  The ‘crypto winter’ is a popular term that describes...