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Showing posts from March, 2024

Tornado Cash Co-Founder Seeks To Dismiss Charges – Details

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The co-founder of Tornado Cash, Roman Storm, has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ), Southern District of New York. In a petition submitted on March 29 , Storm’s lawyers have laid out several arguments to secure the freedom of the client, including invoking the First Amendment Protection Act. DOJ Charges Are “Fatally Flawed,” Storm’s Lawyers Say On August 23, 2023, the US State Attorney for the Southern District of New York, Merrick B. Garland, alongside key staff of the DOJ and the Federal Bureau of Investigation (FBI) announced an indictment against Storm and Roman Semenov , two of the co-founders of popular crypto mixer platform Tornado Cash. The DOJ stated it was charging both individuals for their alleged role in the “creation, operation, and promotion” of Tornado cash which it claims has functioned as a platform for the money laundering of over $1 billion, including hundreds of millions of dollars for notorious North

Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist

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On Thursday, March 28, a hack occurred on Prisma Finance , a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7 ETH (equivalent to $11.6 million) via a flash loan attack on the protocol. On Friday, March 29, the Prisma Finance hacker transferred some of the proceeds from the theft to crypto mixer Tornado Cash in multiple transactions. According to PeckShield , $2.7 million in ETH was moved in one transaction and $3.8 million in another. What’s most interesting is the hacker sent an on-chain message barely six hours after the attack through one of the addresses linked to the heist, claiming they are a “white hat hacker.” And the exploiter has continued to send on-chain messages to Prisma Finance’s team since the theft occurred. Was Prisma Finance ‘Sloppy’ In The $11.6 Million Loss? In a series of on-chain messages, the exploiter criticized the team behind Prisma Finance for not catching the loophole in the protocol, which allowed the exp

Is ByteTrust and legit company

I would like to know if ByteTrust is legit! I have ask for a withdrawal from my account since 01/05/2024. First they ask for a deposit of 20% of the total sum (which I submitted) in order to take the money out (which they say will be return to me once I get the funds.) It is 04/30 today and now they want a 5% miner fee before I can get my funds. My question is this a scam to extract more money from me? Should I give them the 5%. Need Help? Chino from Recent Questions - Bitcoin Stack Exchange https://ift.tt/6H3nxYi via IFTTT

Bitcoin Sharks Show Biggest Monthly Buying Spree Since 2012

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On-chain data shows the Bitcoin shark cohort has participated in its largest accumulation spree over the past month since 2012. Bitcoin Sharks Have Purchased More Than 268,000 BTC In The Last Month As analyst James Van Straten explains in a new post on X, Bitcoin entities holding between 100 and 1,000 BTC have made some large net buying moves in the past month. An “entity” here refers to a collection of addresses owned by the same investor as determined through analysis by the on-chain analytics firm Glassnode. The entities holding between 100 to 1,000 BTC are popularly known as “ sharks .” At the current exchange rate of the asset, this range converts to about $6.93 million to $69.3 million. Thus, the investors carrying these amounts are clearly quite big, meaning that they should have some significance for the market as a whole. However, these sharks are still smaller and less influential than the whales, who typically occupy the range above 1,000 BTC. Given the relevance of t

I have x number of BTC in Coinomi transferred to an account under my name. I was told that I need liquidity funds What do I need to withdraw BTC

I have x number of BTC in Coinomi transferred to an account under my name. I was told that I need liquidity funds to withdraw them to my bank. Do I need a different wallet other than Coinomi.What do I need to withdraw BTC as the coins are visible but how do I tell if they are real, I am completely without knowledge. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/6hCanFX via IFTTT

Grayscale Unveils New Staking-Focused Income Fund Exclusively For High Net-Worth Individuals

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Asset management firm and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has unveiled its latest offering, the “Dynamic Income Fund” (GDIF), designed to focus on investments in proof-of-stake tokens . Grayscale Launches Dynamic Income Fund This actively managed investment product seeks to optimize returns through staking rewards associated with proof-of-stake digital assets, according to the asset manager’s announcement on Friday.  Friday’s announcement also illuminates the fund’s key steps, which include raising capital from investors, allocating capital to a portfolio of proof-of-stake tokens using qualitative and quantitative factors, staking tokens to earn rewards, converting token rewards to cash on a weekly basis, and distributing cash to investors every quarter while rebalancing tokens as needed to maximize income. Grayscale has hinted that the GDIF will initially include tokens such as Osmosis (OSMO), Solana (SOL), Polkadot (DOT), and other tokens to be announced

Detained Binance Executive Tigran Gambaryan Seeks Justice, Sues Nigerian Government

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Amid Nigeria’s crackdown on cryptocurrency activities, one of the detained Binance executives, Tigran Gambaryan, has taken legal action against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC), alleging a violation of his basic human rights.  Gambaryan, who serves as Binance’s Head of Financial Crime Compliance, was arrested in February along with fellow Binance member Nadeem Anjarwalla.  Executive Alleges Rights Violation In Nigerian Detention According to local media reports , Gambaryan has filed a lawsuit seeking a declaration that his detention and the confiscation of his international passport violate the provisions of the country’s constitution.  In his legal motion, Gambaryan requested the court to order the NSA and EFCC to release him from custody and return his passport immediately.  Binance’s Head of Financial Crimes Compliance also sought a permanent injunction to prevent the defendants and their agents from further det

From Ordinals To Runes: Bitcoin’s Major Update Arrives With Halving

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On Thursday, Bitcoin Ordinals founder Casey Rodarmor unveiled the documentation for a new Bitcoin-native digital commodities protocol known as Runes. This groundbreaking update is set to coincide with Bitcoin’s upcoming halving, marking a significant evolution in the Bitcoin protocol’s capabilities for handling digital assets directly on its blockchain. RUNES HAVE DOCS A plain-english description of the protocol is here: https://t.co/2d8eHGtLjJ And a lower level not-actually-a-specification is here: https://t.co/w87yWmTk0g Feedback and suggestions are welcome, here or on GitHub! — Casey (@rodarmor) March 28, 2024 What Are Bitcoin Runes? Runes introduce a novel fungible token protocol on Bitcoin, utilizing an indexer-based model that builds upon the social consensus mechanisms first popularized by the Ordinals initiative. This new protocol facilitates the etching, minting, and transferring of Bitcoin-native digital commodities, potentially altering the landscape of how digital

Cant connect sparrow wallet to node using username and pass

Im trying to connect my node to sparrow wallet on two computers on the same network. As I understand I have to use authenticate using User/pass option on sparrow. This is the same computer I have the node running on. I have the bitcoin.conf file set up with server=1 rpcuser=user rpcpassword=pass however when I test the connection I get this error msg on sparrow Could not connect: User/pass authentication failed Ive checked many times and the user and pass match, so Im not sure what is the issue here. If i dont use the authentication option, sparrow connects to the node with no issue. Any help will be greatly appreciated. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/qGQw9C2 via IFTTT

Indonesia: Crypto Products Required To Pass On Regulatory Sandbox After New Rule

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Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s Regulatory Sandbox. Crypto Assets To Be Tested On Regulatory Sandbox Local reports by news media outlet DetikFinance informed of the new regulatory rule issued by the OJK this week. The rule aims to “increase the development of the technological innovation of the financial sector” and safeguard users from losses and “fraudulent investments.” OJK’s new measure requires Financial Services Institutions (FSIs) to enter new products and services in Indonesia’s regulatory sandbox. According to the reports , the regulation includes banking, insurance, and crypto companies that “are guaranteed to be suitable for use by consumers.” Crypto firms must be evaluated in the regulatory sandbox before being authorized to operate in Indonesia. Moreover, crypto products and new bus

How do I configure BTCPayServer to use an alternative datadir and avoid 'Unable to open settings file' Error?

Similar to: Ubuntu Linux, Unable to set bitcoin datadir to a folder in different drive and I can't start bitcoind on Raspberry Pi. Why do I need settings.json.tmp when I didn't need it before? I am configuring BTCPayServer to use a datadir that is not my root directory because I don't have enough space on my root directory for my pruned BTCPayServer Node. When configuring and running BTCPayServer I am logged in as root the entire time, root (obviously) has access to my alternative directory. This can be verified by running ls -l altdatadir It outputs (edited to be generic): drwxr-xr-x 7 root root 4096 Mar 28 16:23 altdatadir I applied the alternate paths to the appropriate lines in docker-fragments/bitcoin.yml . When I run the setup script everything appears to start, however if I try to call bitcoin-cli.sh it tells me it is restarting along with its unique hash. When I run docker logs (unique hash) it outputs (edited to be generic): Error: Settings file could not

House GOP Pressures SEC To Clarify Ethereum’s Security Designation For Prometheum’s Custody

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In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide further clarification on the agency’s stance regarding the custody of Ethereum (ETH) by Prometheum .  The lawmakers, including Representatives French Hill, Dusty Johnson, Tom Emmer, and Warren Davidson, expressed concerns over the lack of transparency in the SEC’s Special Purpose Broker-Dealer (SPBD) regime and the potential ramifications of allowing Prometheum to proceed with its custody services for ETH. Recognition Of Ethereum As Non-Security In their letter sent on Tuesday, the lawmakers emphasized the SEC and Commodity Futures Trading Commission’s (CFTC) previous recognition of Ethereum as a non-security digital asset.  Based on this precedent, they pointed out that the SEC’s current regulatory framework does not permit SPBD custody o

Shiba Inu Scores Another Major Exchange Listing Amid Recovering Prices

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Shiba Inu has gained another remarkable milestone by scoring a major listing on Bit.com.au, an Australian cryptocurrency exchange. This achievement adds to SHIB’s growing list of accomplishments , reflecting the cryptocurrency’s recent surge in momentum and impressive performances. Australian Crypto Exchange Lists SHIB On Monday, March 25, Bitcoin.com.au officially announced the listing of Shiba Inu’s native token, SHIB on its platform. This move comes as part of the Australian exchange’ s efforts to expand its cryptocurrency offerings and cater to the growing demand for cryptocurrencies among Australian investors. Interestingly, Bitcoin.com.au is a cryptocurrency exchange that has been operating since 2015, providing crypto trading services to thousands of users in Australia. The exchange’s decision to list Shiba Inu reflects its recognition of the cryptocurrency’s rising popularity and future potential.  Recently, SHIB has been gaining traction, growing rapidly in popularity i

Running Bitcoind - prerequisites

Do I need to install the Bitcoin GUI and download the entire blockchain before being able to run bitcoind? The instructions ask us to directly run bitcoind -daemon , will this start downloading the blockchain in the back end https://bitcoin.org/en/full-node#mac-os-x-yosemite-1010x from Recent Questions - Bitcoin Stack Exchange https://ift.tt/n7Eo61T via IFTTT

Ethereum Spot ETF On Thin Ice? Expert Predicts 25% Approval Odds Amid SEC Silence

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The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. Ethereum Slight Chance To A Spot ETF Approval Skepticism about the unlikelihood of a spot ETH ETF approval is rooted in what Balchunas perceives as deliberate non-engagement from the SEC rather than mere procrastination, leading to an absence of positive indicators for approval in the current environment . Re Eth ETF approval, we are holding the line at 25% odds altho tbh it is a very pessimistic 25%. The lack of engagement seems to be purposeful vs procrastination. No positive signs/intel anywhere you look. Personally hope they do approve it but it just ain’t looking good. https://t.co/nuBdCDE18L — Eric Balchuna

HOW TO RECOVER LOST COIN

Top of the DAY to anyone seeing this post i recently enlisted one of personal chargeback recovery services and I must admit I was more than impressed. If you have been a victim of bitcoin or any cryptocurrency scam, I feel like it’s my duty to connect you all with a legit hacker like him. I started having a lot of issues with an investment company that goes by the name COIN GAIN when I placed a withdrawal order for $191,000 USD From which I had with them. The so-called accountant disappeared, the support team did not respond to any of my emails and I thought it was over because I made the payments in crypto but I didn’t give up to have my funds back. Luckily for me with the help of (Swift.Hacker.Expert) swift1@cyberservices.com I was able to recover my funds. I salute him for his service his email: (Swift.Hacker.Expert) swift1@cyberservices.com or WhatsApp: +1252-228-9013 from Recent Questions - Bitcoin Stack Exchange https://ift.tt/oStVkhM via IFTTT

Crypto Houdini? Binance Exec Escapes From Nigerian Custody Amid Tax Evasion Charges – Report

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One of the two senior executives from crypto exchange Binance has escaped from the Nigerian authorities as criminal charges were pressed against him. The executive was first detained on February 26 as part of Nigeria’s actions against the exchange. According to local reports, Nigeria’s Federal Government filed Tax evasion charges against Binance amid the escapist turmoil. From Binance Executive To Crypto Escapist A Nigerian newspaper revealed that Nadeem Anjarwalla, one of the two detained Binance executives, escaped from the government’s custody almost a month after his detention. According to the report, the executive fled the country on March 22. After the detention, Anjarwalla remained in custody at an Abuja guest house with Tigran Gambaryan, who was also detained. On Friday, guards on duty took the now-fugitive to a nearby mosque “for prayer in the spirit of the ongoing Ramadan fast.” However, Anjarwalla escaped and allegedly flew out of Abuja on a Middle East Airline. The

SEC Declares Binance A ‘Threat’, Imposes Access Restrictions On Philippine Users

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The Philippines Securities and Exchange Commission (SEC) has taken a significant regulatory step by blocking local access to Binance, the world’s largest cryptocurrency exchange by trading volume.  According to a release issued by the regulator on Monday, the SEC’s decision was based on Binance’s failure to obtain the necessary license from the commission to operate as an investment and trading platform.  Binance’s Website And Services Blocked  In its March 12 meeting, the SEC approved filing a formal request with the National Telecommunications Commission (NTC) to assist in blocking Binance’s website and related web pages.  The SEC said Binance was offering investment and trading services without the required license and allegedly posed a “threat” to the safety of Filipino investors’ funds. SEC Chairman Emilio Aquino emphasized the importance of protecting the interests of investors in the request sent to the NTC. Aquino states: The SEC has identified the aforementioned platf

Bitcoin Buying Spree: Robert Kiyosaki Set To Buy 10 More BTC Before April”

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Acclaimed Author and Bitcoin bull Robert Kiyosaki has once again displayed his confidence in BTC, revealing his intentions of increasing his holdings as he predicts significant gains for the largest cryptocurrency asset. Robert Kiyosaki Targets Bitcoin At $100,000 Robert Kiyosaki reiterated his positive view on Bitcoin in a recent X post where he spelled out his thoughts on the digital asset and disclosed his ambitions to purchase an additional 10 BTC before the month of April. The author cites the upcoming Bitcoin Halving event as the true motivation behind his plans to acquire 10 more BTC. It is noteworthy that the highly anticipated Bitcoin halving is anticipated to take place in less than 30 days from now. The event is believed to have the potential to be the next big trigger for the entire crypto market. He further provided an accumulation strategy for investors who are concerned about affordability, suggesting, “If a buyer is unable to afford a whole BTC, they could want

Battle Of Titans: Bitcoin Leads S&P 500, Michael Saylor Asserts Amid Disagreement

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The allure of Bitcoin continues to spark debate, with proponents touting its skyrocketing value and critics warning of a potential bubble. This weekend, a prominent crypto advocate and CEO, Michael Saylor, reignited the discussion by showcasing Bitcoin’s impressive gains compared to traditional assets. Bitcoin Debate: Saylor Vs. Schiff Saylor, the chairman of MicroStrategy, a business intelligence firm, shared a chart highlighting the leading crypto’s over 430% growth against a backdrop of more modest gains from established investment options like the S&P 500 (56%) and gold (7%). This, according to Saylor, underscores Bitcoin’s position as a dominant investment force. #Bitcoin is Winning. pic.twitter.com/3ESQRHKEDa — Michael Saylor (@saylor) March 23, 2024 However, not everyone is convinced. Renowned economist Peter Schiff, a vocal critic of cryptocurrencies, remains unconvinced. He expressed concern over Saylor’s aggressive investment strategy, particularly MicroStrategy’

Why Tomorrow (March 26) Will Be Pivotal For Ripple And XRP

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In the XRP lawsuit, the next crucial phase is set to commence for Ripple Labs against the US Securities and Exchange Commission (SEC) tomorrow. Defense lawyer James K. Filan has recently casted the spotlight on March 26. The SEC has already submitted its opening remedies-related brief along with supporting documentation, albeit under seal, to the court. This step is a significant progression in the protracted legal dispute that has spanned several years. Filan’s statement via X emphasizes the forthcoming public disclosure of these documents, slated for no later than March 26, 2024. “The SEC has filed, under seal, its opening remedies-related brief and supporting documents. These documents are not public yet. Public, redacted versions will be filed no later than Tuesday, March 26, 2024,” Filan communicated, highlighting the importance of this date in the context of the Ripple vs. SEC case. Ripple Vs. SEC: What To Expect It’s crucial to understand the nature and significance of an “

Bitcoin ETF Buzz In UK: Kraken Executive Pushes For Market Access

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The simmering debate over Bitcoin exchange-traded funds (ETFs) in the UK has reignited, with industry leaders calling for wider access for investors. This comes on the heels of the US Securities and Exchange Commission (SEC) approving Bitcoin ETFs in January, sparking a surge in investment and renewed calls for a similar move by the UK’s Financial Conduct Authority (FCA). UK’s Bitcoin ETF Advocacy Bivu Das, Managing Director of Kraken UK, believes Bitcoin ETFs offer a “basic fundamental” for establishing the UK as a true crypto hub. These instruments allow investors to gain exposure to Bitcoin’s price movements without directly owning the cryptocurrency itself, potentially offering a more regulated and accessible entry point. ICYMI: Kraken UK Managing Director Bivu Das says he’d “absolutely” like to see a #Bitcoin ETF in the UK, providing regulated access to crypto exposure currently lacking and boost UK’s crypto hub ambitions, and legitimize bitcoin for institutions. — AP Crypto

US Bitcoin Miners Move Old Equipment Overseas – Here’s Why

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The Bitcoin halving, one of the most anticipated crypto events in 2024, is less than a month away, and miners seem to be in full preparation for its aftermath. The April event is expected to slash mining rewards on the Bitcoin network in half , making the validation of transactions less lucrative. As of now, miners receive 6.25 BTC for each validated block added to the network. However, the halving will split their revenue to 3.125 BTC for each block. Interestingly, many miners in the United States seem to be making adjustments, including upgrading to more efficient mining computers, to ensure they remain profitable. Why Bitcoin Mining Machines Are Being Moved Out Of The US According to crypto-mining services and logistics provider Luxor Technology, about 600,000 S19 series mining rigs, which account for a large proportion of machines currently in use in the United States, are being moved out of the country. The mining computers are being transferred (or sold) primarily to countries

Avalanche Co-founder Emin Gün Sirer Warns Of Risky L2 Projects – Details

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Co-founder of Avalanche blockchain , Emin Gün Sirer, has raised an alert on the infiltration of certain layer-2 solutions, which poses risks to investors. In an X post on March 23 , the Ava Labs boss expressed concerns over these “trash” projects while educating users on several of their common characteristics. Hey y'all, We all ignored the huge red flags associated with SBF because "he looked smart" and "he made a lot of money." Then it turned out that he was dumb as rocks, was a sociopath, and was just stealing our money. The next cycle is going to be even more noisy, with even… — Emin Gün Sirer (@el33th4xor) March 23, 2024 Related Reading: Blasted By Deception: Layer 2 Project Suffers 500 ETH Rug Pull Onslaught Red Flags To Watch For In L2 Projects – Avalanche Co-founder  According to Gün Sirer, the rise in substandard L2 projects represents the next big hazard in the crypto ecosystem following the crypto exchange heist pulled off by former FTX foun

How can I programmatically view individual sats?

so the concept of "rare sats" came up in conversation today and I am curious how one would check whether a sat is "rare" or not. regardless of whether you think the idea is dumb or not, I'm just curious how to even view the level of detail needed for individual sats from Recent Questions - Bitcoin Stack Exchange https://ift.tt/ltvQugc via IFTTT