β οΈ FTX Co-Founder Develops a 'Crypto Fraud Detector'
Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.
Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.
Wangβs sentencing is scheduled for November 20.
Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.
Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.
Wangβs sentencing is scheduled for November 20.
π5
He currently holds 73 Bitcoins and aims to own 100 within a year, alongside income producing real estate and gold producing mines."
@ElfCryptoAlert
Please open Telegram to view this post
VIEW IN TELEGRAM
β€3π3π2
πΌAfter the US presidential election this week, there was a significant increase in the volume of large Bitcoin transactions. Their total reached a local peak of $90 billion on Wednesday, IntoTheBlock analysts said.
βοΈSo the so-called whales are also awake and watching what is happening in the world.
βοΈSo the so-called whales are also awake and watching what is happening in the world.
β€3π2
π Highlights from the Weekend's Top 10:
β«οΈ Solana's market cap reached $100 billion;
β«οΈ Dogecoin moved USDC out of the sixth spot in the rankings;
β«οΈ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.
β«οΈ Solana's market cap reached $100 billion;
β«οΈ Dogecoin moved USDC out of the sixth spot in the rankings;
β«οΈ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.
π2
β οΈ Alameda Sues Waves Founder for $90 Million
Alameda Research has filed a lawsuit against Waves founder Sasha Ivanov and associated parties to reclaim $90 million.
In March 2022, Alameda deposited around $80 million in USDT and USDC on Waves' Vires platform, which were ultimately converted into the native stablecoin USDN.
Alameda Research has filed a lawsuit against Waves founder Sasha Ivanov and associated parties to reclaim $90 million.
In March 2022, Alameda deposited around $80 million in USDT and USDC on Waves' Vires platform, which were ultimately converted into the native stablecoin USDN.
π3
π This Week, Several Projects Will Undergo Major Unlocks Totaling $746 Million
The largest single unlock will involve APT ($128.37 million).
Additional tokens like ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.
Linear unlocks for SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, and ARKM will continue as well.
The largest single unlock will involve APT ($128.37 million).
Additional tokens like ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.
Linear unlocks for SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, and ARKM will continue as well.
π1
πΈOvernight, Bitcoin surged to nearly $90,000, falling just $400 short. Ether climbed to around $3,400.
π Leading gains in the top 10 is DOGE, up 33% in the past day. Among the top 100: CRO +52%, AIOZ +40%, and BTT +20%.
π Meanwhile, RAY dropped by 16%, NEIRO by 10%, and KAS by 5%.
The Fear and Greed Index has risen to 80.
π Leading gains in the top 10 is DOGE, up 33% in the past day. Among the top 100: CRO +52%, AIOZ +40%, and BTT +20%.
π Meanwhile, RAY dropped by 16%, NEIRO by 10%, and KAS by 5%.
The Fear and Greed Index has risen to 80.
π2β€1π₯1
This media is not supported in your browser
VIEW IN TELEGRAM
π The Near Protocol network is now fully compatible with Metamask, Trust Wallet, and other EVM wallets.
π3β€2
π₯ Trump Appoints Musk as Head of DOGE
Donald Trump appointed Elon Musk and Vivek Ramaswamy as heads of the Department of Government Efficiency (DOGE). The department's mission will be to optimize the governmentβs budget and operations.
πΌOver the past week, Dogecoin (DOGE) has risen in value by 100%.
Additionally, Musk pumped the meme token PNUT more than twofold, stating that "America was saved by a squirrel and a meme coin."
Donald Trump appointed Elon Musk and Vivek Ramaswamy as heads of the Department of Government Efficiency (DOGE). The department's mission will be to optimize the governmentβs budget and operations.
πΌOver the past week, Dogecoin (DOGE) has risen in value by 100%.
Additionally, Musk pumped the meme token PNUT more than twofold, stating that "America was saved by a squirrel and a meme coin."
π4β€2π₯1
Media is too big
VIEW IN TELEGRAM
π² Tether Introduces Its Own AI Agent
It operates locally, processing payments in BTC and USDT.
It operates locally, processing payments in BTC and USDT.
π7
β οΈ The FBI searched the home of Polymarket's CEO.
The FBI seized a phone and other electronic devices from Polymarket CEO Shane Coplan during a search of his home.
His company is under investigation by the U.S. Department of Justice for allegedly allowing American users to place bets on the platform.
Polymarket described these events as "political retaliation" from the outgoing Biden administration.
The FBI seized a phone and other electronic devices from Polymarket CEO Shane Coplan during a search of his home.
His company is under investigation by the U.S. Department of Justice for allegedly allowing American users to place bets on the platform.
Polymarket described these events as "political retaliation" from the outgoing Biden administration.
π6
π΅ Tether has issued another 2 billion USDT on the Ethereum and Tron networks.
In the last 8 days alone, Tether has issued a total of 8 billion USDT.
In the last 8 days alone, Tether has issued a total of 8 billion USDT.
π6π±2
β οΈ SEC Chief Hints at Impending Departure
18 U.S. states have filed a lawsuit against the SEC and its members, including the agency's chair, Gary Gensler.
The states accuse the SEC of unconstitutional overreach and unfair targeting of the crypto industry under Gensler's leadership.
The official issued a statement thanking all Commission employees, subtly hinting at his imminent resignation.
18 U.S. states have filed a lawsuit against the SEC and its members, including the agency's chair, Gary Gensler.
The states accuse the SEC of unconstitutional overreach and unfair targeting of the crypto industry under Gensler's leadership.
The official issued a statement thanking all Commission employees, subtly hinting at his imminent resignation.
π3β€1
β Ilya Lichtenstein Sentenced to Five Years in Prison for Bitfinex Hack
Hacker Ilya Lichtenstein has been sentenced to five years in prison for hacking and stealing approximately 119,754 BTC (worth around $71 million at the time) from the Bitfinex cryptocurrency exchange, as well as conspiring to launder the stolen funds.
The incident occurred back in 2016.
Hacker Ilya Lichtenstein has been sentenced to five years in prison for hacking and stealing approximately 119,754 BTC (worth around $71 million at the time) from the Bitfinex cryptocurrency exchange, as well as conspiring to launder the stolen funds.
The incident occurred back in 2016.
π7
βοΈ Bitwise has filed an application with NYSE Arca to list the Bitwise 10 Crypto Index Fund (ticker: BITW).
This ETP will be the first and largest cryptocurrency index fund in the world.
This ETP will be the first and largest cryptocurrency index fund in the world.
π7