Fintech owner laundered millions with bitcoin for finger cutter drug lord, police say

Belgian authorities have accused a London fintech business owner of using Binance to help launder hundreds of millions of euros into bitcoin for the benefit of criminals, including a Belgian drug lord known as the “finger cutter” and a Brazilian drug kingpin equivalent to Pablo Escobar.  As reported by Bloomberg, Belgian authorities are seeking to extradite 38-year-old Caio Marchesani from the UK. Marchesani “knowingly and intentionally” laundered the funds of international drug traffickers into bitcoin, authorities say. Two of Marchesanis alleged clients were Flor Bressers and Sergio Roberto De Carvalho.  Bressers, a.k.a. the “finger cutter,” was a notorious drug lord who used pruning sheers to slice off a criminal‘s fingers whilst also kidnapping and beating up a Dutch florist who failed to transport his drugs. Marchesani is accused of managing 14 Binance accounts on Bressers’ behalf before he was arrested in February 2022.  A Binance spokesperson said the crypto exchange has given “practical operational assistance” to authorities in relation to the investigation.  Carvalho was known as “the Brazilian Pablo Escobar.” He was the kingpin for an international drug trafficking operation and was arrested in June, 2022. Carvalho was charged with money laundering, falsifying documents, staging his own death, and homicide in pursuit of drug

2023-09-07Bitcoin

Binances 10th Proof of Reserves shows BTC, ETH, and USDT assets!

Bitcoin EthereumIpinapakita ng 10th Proof of Reserves ng Binance ang mga asset ng BTC, ETH, at USDT!52 segundo ang nakalipasBalita ng Ethereum ng Bitcoin May-akda:  Si Mustafa ay sumusulat tungkol sa Blockchain at crypto mula nang maraming taon. Siya ay may dating karanasan sa pangangalakal at nagtatrabaho sa industriya ng Fintech mula noong 2017.  Leading cryptocurrency exchange Binance has released its 10th proof of reserves, revealing some impressive numbers. One user deposited around 588,000 BTC, while another added 3.89 million ETH (down 4.3% from the previous report). However, the most eye-catching growth was in USDT, with user assets reaching 15.44 billion, a 1% increase from the previous report. These statistics provide important insights into the health of the cryptocurrency market and suggest continued optimism among traders and investors.

2023-09-07Ethereum

MetaMask Unveils New Feature Allowing Users to Sell ETH for Fiat

Ethereum  MetaMask Unveils New Feature Allowing Users to Sell ETH for Fiat  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  MetaMask introduces the “fiat-off-ramp” feature on the platform by allowing users to convert their ETH holdings to fiat currency.  On Tuesday, September 5, the popular cryptocurrency wallet MetaMask announced that it had launched a new feature that would allow users to sell ETH for fiat currency.  In a post on X (formerly Twitter) on September 5, MetaMask announced that users with crypto wallets connected to the Portfolio decentralized application could now convert their Ether (ETH) holdings, with the ticker currently at $1,632, into fiat currency and transfer it to their bank accounts.  This service is initially available for users in the United States, United Kingdom, and select parts of Europe. While the initial rollout focuses on ETH, MetaMask has plans to extend this functionality to “native gas tokens on layer 2 networks” in the future.  Kami ay higit na nasasabik na ipahayag ang aming pinakabagong tampok: Ibenta.  Oo, tama ang nabasa mo. Magagamit sa MetaMask Portfolio, ang Sell ay nagbibigay-daan sa iyo na i-cash out ang iyong crypto para sa fiat currency nang madali.  This groundbreaking development simplifies the conversion process and enhances the user experience by eliminating the

2023-09-07Ethereum

BREAKING: ARK Invest Files Para sa First Ethereum Spot ETF

Ethereum  BREAKING: ARK Invest Files Para sa First Ethereum Spot ETF  41 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Per a document filed with the US Securities and Exchange Commission (SEC), hedge fund Ark Invest filed for the first Ethereum spot Exchange Traded Fund (ETF) in the US. This new filing has directly impacted the ETH price as the ETF narrative gains further influence in the crypto market.  ARK Gets Ahead Of The Curve: Ethereum Spot ETF Filing To Trigger Domino Effect?  According to the document file with the SEC, the financial product will trade on the Cboe BZX Exchange and track the ETH price on the spot market as displayed by the Chicago Mercantile Exchange (CME). Ark has listed Benchmarks as their Index manager and is sponsored by 21Shares.  Furthermore, Ark selected crypto exchange Coinbase as their ETH custodian, similar to its Bitcoin spot ETF application. The company will hold the totality of Arks ETH on their behalf.  The SEC has emphasized the importance of the custodian for a potential Bitcoin ETF approval. Logically, the Commission will impose the exact requirements for an ETH spot ETF. Ark stated the following in their Ethereum ETF application:  After diligence investigation, the Sponsor believes that the Custodian‘s policies, procedures, and

2023-09-07Ethereum

Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade

crypto Ethereum  Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  One decentralized finance (DeFi) altcoin project is surging amid the rollout of a highly anticipated network revamp.  In the past there days, Synthetix Network (SNX), a protocol that allows users to trade synthetic assets, shot up from a low of $1.91 to a high of $2.51, a more than 32% increase.  As the rally took off, blockchain tracking firm Lookonchain napansin one crypto whale withdrew a massive 3.44 million SNX worth $7.72 million from top crypto exchange Binance.  Last week, the project announced the latest progress on the launch of Synthetix V3, an upgrade of the ecosystem almost two years in the making that it describes as the “liquidity layer for DeFi.” According to a new blog post, all of the final main net alpha upgrades for V3 have been sent to auditors for review.  With Syntethix V3 going live, founder Kain Warwick also weighed in on the future of the project in a new blog post this week.  Part of the vision behind V3 is to make Synthetix deployable on any EVM-compatible chain, which presents the challenge of SNX liquidity being spread too thin on each

2023-09-07Ethereum

ETH Price Could Outperform Bitcoin In September and October

| Tradingview  Holding onto the short-term support at $1,630 would be instrumental for the uptrend continuation. However, traders should consider the plausible bottlenecks, starting with the 50-day Exponential Moving Average (EMA) (red) at $1,645, the 100-day EMA (blue) at $1,668 and the 200-day EMA (purple) at $1,715.  Profit-booking can take place at any of those moving averages, which could slow down the uptrend. However, long-term holders of Ether are likely to compensate for the lost momentum as they keep their positions intact amid speculations of the SEC approving the first Ethereum exchange-traded fund (ETF) futures this September.  A break out of the range channel on the upside would affirm the bullish grip and increase investor confidence in the uptrend to $2,000.  It is worth mentioning that, the ETF futures approval could be the catalyst ETH price needs to escape the bearish shackles in the range. According to the Stochastic oscillator, bulls may struggle to close the gap to the range limit at $1,730 – a situation that could result in increased selling pressure.  Investors can hold their long positions as long as Ethereum is wobbling within the range limits. It is too early to rule out another sell-off, where Ether slides below $1,600 to seek

2023-09-07Ethereum

Ang Bagong Sell Feature ng MetaMask ay Nagbibigay-daan sa Mga User na Magbenta ng ETH Para sa Fiat

Ethereum  Ang Bagong Sell Feature ng MetaMask ay Nagbibigay-daan sa Mga User na Magbenta ng ETH Para sa Fiat  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum wallet MetaMask has announced the rollout of a new sell feature that will allow users to sell their ETH for fiat currency and withdraw it as cash.   The new feature is part of the MetaMask portfolio and comes a few months after wallet users were allowed to purchase crypto using fiat from bank accounts.  A New MetaMask Feature  MetaMask announced the new feature in a post on X (formerly Twitter) on the 5th of September. MetaMask stated in the post that the new feature would allow users that have crypto wallets connected to its Portfolio decentralized application will be able to cash out their ETH. They could then send the fiat from cashing out their ETH to bank accounts in the United States, United Kingdom, and several regions of Europe. While the initial rollout is limited to ETH, MetaMask plans to expand the service to include “native gas tokens on Layer-2 networks” in the near future.  While the new feature is available in limited markets, it supports the local currency of each of the regions in which it

2023-09-06Ethereum

Pagkonekta ng mga Blockchain: Lattice Token (LTX) at ang Ebolusyon ng Cross-Chain Compatibility

crypto  Pagkonekta ng mga Blockchain: Lattice Token (LTX) at ang Ebolusyon ng Cross-Chain Compatibility  Balita ng Ethereum ng Bitcoin  In the ever-expanding world of blockchain technology, the concept of cross-chain compatibility has become increasingly crucial. It refers to the ability of different blockchain networks to communicate and interact seamlessly with one another, opening up a myriad of possibilities. This capability enables the transfer of assets, data, and functionalities across multiple blockchains. In this article, we delve into the fascinating realm of cross-chain compatibility, with a particular focus on Lattice Token (LTX) and its role in revolutionizing this space. Unlock new perspectives on cryptocurrency markets by engaging with the tools and analytics at Bitcoin Sprint App, known for online crypto trading.  Understanding Cross-Chain CompatibilityWhat is Cross-Chain Compatibility?  Cross-chain compatibility is the bridge that connects different blockchain ecosystems, allowing them to share resources and collaborate effectively. Traditionally, blockchain networks have operated in isolation, limiting their potential for widespread adoption. However, with the advent of cross-chain technology, these barriers are being dismantled, ushering in a new era of interconnectedness and interoperability.  The Need for Cross-Chain Compatibility  Cross-chain compatibility addresses some of the inherent limitations of individual blockchains. It offers a solution to challenges such as scalability, speed, and functionality, which

2023-09-06Industriya

Unprecedented Metaverse “Economic Stimulus” NFT Trunk Offer From Utherverse Includes 0.3 ETH in Addition to Designer Clothing, Virtual Property

The Uther trunk sale will last only 72 hours, with a presale starting 12:01 a.m. Sept. 17 followed by a public sale Sept. 18-19. There will be a limit of 20 trunks per person.  Utherverse is making the one-time offer to encourage economic activity within its next-generation platform set to launch in 2024.   “Giving people back their money when the trunks open will be like them finding a huge pile of cash,” said Brian Shuster, Founder and Chairman of Utherverse. “This assures us that trunk buyers will be engaged with the project, and when our metaverse comes out of beta testing there will be a huge stimulation of the virtual economy within the platform.”  Utherverse will offer four different rarity-based male and female trunks, with each trunk holder receiving:  One Gen 2 Uther trunk.  6-15 wardrobe items (rarity-based) including particle effect clothing not available anywhere else.  One Utherverse property, either a penthouse, sub-penthouse, luxury apartment or upscale apartment (rarity-based).  0.3 ETH (or USD equivalent value at time of purchase).  One ticket to the first-ever Utherverse Festival t ibang vertical ng negosyo kabilang ang advertising/marketing, shopping/retail, conference/convention, edukasyon, pakikipag-date, lifestyle, entertainment event/performance, VIP experiences at virtual offices. Ang Utherverse platform ay inilunsad noong 2005 ng internet visionary na

2023-09-06Ethereum

Bumagsak ang Algorand Crypto ng 11%; Magpapatuloy ba ang Pagbagsak sa ALGO?

Ang prediksyon ng presyo ng Algorand Crypto ay nagmumungkahi na ang token ay gumawa ng isang kawili-wiling pattern ng pagbaba. Crypto trading sa ibaba 20, 50, 100, at 200-araw na average na paglipat ng araw.  The ALGO price prediction shows the token faces bearish dominance on the daily time frame chart. Algorand crypto needs an increase in positive momentum in order to break out from the descending pattern. However, sellers may approach 50-SMA, acting as a resistance to the crypto price. However, the 24-hour trading volume (3.931) is lower than the 10-day average volume (8.994).  Algorand price prediction implies that investor sentiments regarding the ALGO token are bearish. Investors may prefer to keep a keen watch over the crypto. Presently, the Algorand price is below all the key EMA and MA levels. The present value of Algorand is $0.0940. It has a market capitalization of around $3.932 Million with a fully diluted market cap of $939 Million. The crypto has a circulating supply of 7.828 Billion.  Algorand has performed poorly so far this year. Year-over-year returns are -45.57%, while returns over the past 6 months are -53.45%. The return was -11.75% last month and -3.49% last week. Technicals signal selling pressure, while the

2023-09-06Industriya
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