US DOJ Charges Texas Man For Meta-1 Coin Scam
CoinGape (RSS)
The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million.
A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia before being ordered by the District Court for the Eastern District of Virginia to be transferred to Chicago.
Charged with four counts of mail fraud, he faces a risk of 20 years per charge according to the DOJ. The Department added that if convicted, the court must impose reasonable sentences under federal statutes and sentencing guidelines.
How Meta-1 Coin Scam Unfolded
According to reports, Dunlap worked in partnership with others to sell an asset called Meta-1 C...
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CoinGape (RSS)
The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million.
A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia before being ordered by the District Court for the Eastern District of Virginia to be transferred to Chicago.
Charged with four counts of mail fraud, he faces a risk of 20 years per charge according to the DOJ. The Department added that if convicted, the court must impose reasonable sentences under federal statutes and sentencing guidelines.
How Meta-1 Coin Scam Unfolded
According to reports, Dunlap worked in partnership with others to sell an asset called Meta-1 C...
View original post
Internet Computer (ICP) Demonstrates First Blockchain AI Smart Contract
CoinGape (RSS)
Internet Computer (ICP) CEO and Chief Scientist Dominic Williams took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation.
DFinity’s AI In Building Phase
According to Williams’ post, ICP has introduced the first blockchain-based AI smart contract. He described the new product as “a demonstration of AI running *on* blockchain as a smart contract.”
“The Internet Computer is used – the world’s first 3rd gen. blockchain #ICP. AI will become the beating heart of our web3, multi-chain world, and this is only my first demo,” the ICP boss added.
Markedly, the Internet Computer AI is a part of the protocol’s mission to develop a system where powerful Large Language Models (LLMs) run as smart contracts on the ICP. Also, it is expected that this mission is achieved in such a way that it is tamperproof, unstoppable, and optionally autonomous...
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CoinGape (RSS)
Internet Computer (ICP) CEO and Chief Scientist Dominic Williams took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation.
DFinity’s AI In Building Phase
According to Williams’ post, ICP has introduced the first blockchain-based AI smart contract. He described the new product as “a demonstration of AI running *on* blockchain as a smart contract.”
“The Internet Computer is used – the world’s first 3rd gen. blockchain #ICP. AI will become the beating heart of our web3, multi-chain world, and this is only my first demo,” the ICP boss added.
Markedly, the Internet Computer AI is a part of the protocol’s mission to develop a system where powerful Large Language Models (LLMs) run as smart contracts on the ICP. Also, it is expected that this mission is achieved in such a way that it is tamperproof, unstoppable, and optionally autonomous...
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Elon Musk (Twitter)
Reality has become more bizarre than parody!
Also, employment discrimination is illegal, so they are breaking the law.
Reality has become more bizarre than parody!
Also, employment discrimination is illegal, so they are breaking the law.
vxTwitter / fixvx
Libs of TikTok (@libsoftiktok)
UNBELIEVABLE: Top healthcare company Mayo Clinic is discriminating against straight white people in their "inclusive" hiring practices.
Even criminals are being prioritized to be hired as nurses.
How does this ensure patients will receive the best medical…
Even criminals are being prioritized to be hired as nurses.
How does this ensure patients will receive the best medical…
Elon Musk (Twitter)
When sending medical advice, ask your doctor, but also ask an experienced nurse.
Nurses are underrated.
When sending medical advice, ask your doctor, but also ask an experienced nurse.
Nurses are underrated.
Media is too big
VIEW IN TELEGRAM
Elon Musk (Twitter)
RT @MattWalshShow: Squatters Can Now Come In And Steal Your Home With No Consequences
RT @MattWalshShow: Squatters Can Now Come In And Steal Your Home With No Consequences
Sleeper ICO-era project becomes 3rd most actively developed crypto app
Cointelegraph.com News (RSS)
A decentralized messaging app has soared into the top three most actively-developed crypto projects of the last month.
Cointelegraph.com News (RSS)
A decentralized messaging app has soared into the top three most actively-developed crypto projects of the last month.
Polkadot Launches PINK Memecoin, Airdrops to Parachain Teams
CoinGape (RSS)
Polkadot has announced the launch of its new community token, PINK, a memecoin aimed at fostering participation and growth within its ecosystem. This initiative marks a significant step for Polkadot as it seeks to engage its community further and enhance the network’s collaborative spirit.
The launching of PINK is marked by a planned airdrop to parachain teams, which is symbolic of a community-centric distribution of tokens at the development of the ecosystem.
...
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CoinGape (RSS)
Polkadot has announced the launch of its new community token, PINK, a memecoin aimed at fostering participation and growth within its ecosystem. This initiative marks a significant step for Polkadot as it seeks to engage its community further and enhance the network’s collaborative spirit.
The launching of PINK is marked by a planned airdrop to parachain teams, which is symbolic of a community-centric distribution of tokens at the development of the ecosystem.
...
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FTX Estate Anticipates Cut in US Claims to $3B-$5B Amid Bankruptcy
CoinGape (RSS)
In a court filing, the bankrupt cryptocurrency exchange FTX indicated that claims by the U.S. government could total between $3 billion and $5 billion. This update came from documents submitted to the United States District Court for the Southern District of New York. The filing highlights ongoing negotiations with authorities, suggesting the final figure remains subject to change. FTX’s approach aims to manage government and tax claims efficiently, ensuring a streamlined process for asset distribution.
The court document focuses on the topmost priorities during a Chapter 11 bankruptcy proceedings. The organization’s preliminary declaration declares that it will address the needs of the FTX customers and ...
View original post
CoinGape (RSS)
In a court filing, the bankrupt cryptocurrency exchange FTX indicated that claims by the U.S. government could total between $3 billion and $5 billion. This update came from documents submitted to the United States District Court for the Southern District of New York. The filing highlights ongoing negotiations with authorities, suggesting the final figure remains subject to change. FTX’s approach aims to manage government and tax claims efficiently, ensuring a streamlined process for asset distribution.
The court document focuses on the topmost priorities during a Chapter 11 bankruptcy proceedings. The organization’s preliminary declaration declares that it will address the needs of the FTX customers and ...
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A look at the implications of US’s new restrictions on big bank mergers
Cryptopolitan (RSS)
Recent moves by US banking watchdogs are signaling tough times ahead for big bank mergers. At the heart of this is the Federal Deposit Insurance Corporation (FDIC), which just proposed a set of rules designed to add layers of complexity to the process of bank mergers. The rules are aimed squarely at financial giants contemplating consolidation, and they are a huge change in regulatory approach since the echoes of the infamous 2008 financial crisis still linger.
Heightened Scrutiny on the Horizon
The FDIC isn’t playing games anymore. They’re focusing on deals that would birth banks with assets north of $50 billion, and they’re not stopping there. The oversight tightens like a noose for any deal that dreams bigger, exceeding $100 billion in assets. This update is the first of its kind since the financial tumult of the late 2000s, an...
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Cryptopolitan (RSS)
Recent moves by US banking watchdogs are signaling tough times ahead for big bank mergers. At the heart of this is the Federal Deposit Insurance Corporation (FDIC), which just proposed a set of rules designed to add layers of complexity to the process of bank mergers. The rules are aimed squarely at financial giants contemplating consolidation, and they are a huge change in regulatory approach since the echoes of the infamous 2008 financial crisis still linger.
Heightened Scrutiny on the Horizon
The FDIC isn’t playing games anymore. They’re focusing on deals that would birth banks with assets north of $50 billion, and they’re not stopping there. The oversight tightens like a noose for any deal that dreams bigger, exceeding $100 billion in assets. This update is the first of its kind since the financial tumult of the late 2000s, an...
View original post
Inside Egypt’s narrow escape from economic collapse
Cryptopolitan (RSS)
March was a turnaround month for Egypt, which saw quite a dramatic shift from the brink of an economic apocalypse to becoming a beacon for investors eyeing emerging markets. The country’s journey from chaos to stability was nothing short of a thriller, marked by a landmark $35 billion tourism agreement with the United Arab Emirates. This deal, a historic one in terms of foreign investment for Egypt, brought the nation some much-needed dollar inflows, setting the stage for unprecedented monetary policy adjustments and strengthening support from some of the world’s top financial institutions.
The Root of the Crisis
Egypt’s financial health has long depended on a few sources of foreign currency. Its energy exports, tourism revenue, Suez Canal fees, and remittances f...
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Cryptopolitan (RSS)
March was a turnaround month for Egypt, which saw quite a dramatic shift from the brink of an economic apocalypse to becoming a beacon for investors eyeing emerging markets. The country’s journey from chaos to stability was nothing short of a thriller, marked by a landmark $35 billion tourism agreement with the United Arab Emirates. This deal, a historic one in terms of foreign investment for Egypt, brought the nation some much-needed dollar inflows, setting the stage for unprecedented monetary policy adjustments and strengthening support from some of the world’s top financial institutions.
The Root of the Crisis
Egypt’s financial health has long depended on a few sources of foreign currency. Its energy exports, tourism revenue, Suez Canal fees, and remittances f...
View original post
Bank of England leaves interest rates at 5.25% – Is inflation losing the fight?
Cryptopolitan (RSS)
The United Kingdom’s economy got a bit of a stir but no shake-up as the Bank of England decided to keep interest rates parked at 5.25%. Governor Andrew Bailey shared a cautious but optimistic outlook, saying that they are walking in the right direction, especially when it comes to getting inflation under control. Now this marks the fifth time in a row that the Bank has chosen not to hike up the rate, leaving it at a peak that hasn’t been seen in 16 years. Meanwhile, a couple of the bank’s previous rate hike enthusiasts have changed their views.
Post-announcement, the British pound decided to take a little dip against the dollar, landing at $1.267, which is a drop of 0.9% for the day. Economists, ever eager to speculate, are now fully be...
View original post
Cryptopolitan (RSS)
The United Kingdom’s economy got a bit of a stir but no shake-up as the Bank of England decided to keep interest rates parked at 5.25%. Governor Andrew Bailey shared a cautious but optimistic outlook, saying that they are walking in the right direction, especially when it comes to getting inflation under control. Now this marks the fifth time in a row that the Bank has chosen not to hike up the rate, leaving it at a peak that hasn’t been seen in 16 years. Meanwhile, a couple of the bank’s previous rate hike enthusiasts have changed their views.
Post-announcement, the British pound decided to take a little dip against the dollar, landing at $1.267, which is a drop of 0.9% for the day. Economists, ever eager to speculate, are now fully be...
View original post
Central banks around the world anticipating a dollar collapse any day now
Cryptopolitan (RSS)
The global stage is brimming with tension, and it’s not the kind that just ends when the credits roll. No, this suspense is way heavier and could hit your wallet like a ton of bricks. Central banks all over the world are stockpiling gold like there’s no tomorrow, cementing our expectations that the era of the US dollar’s dominance could be nearing a dramatic climax. I’m talking about its death, guys. Finally.
With the BRICS steadfast on its mission to kill the dollar, financial experts like Peter Schiff are now starting to picture a world where the dollar isn’t needed.
A Golden Hedge Against Dollar Dominance
Let’s dive in. Over the past year, the gold market has become hotter than a summer blockbuster, with countr...
View original post
Cryptopolitan (RSS)
The global stage is brimming with tension, and it’s not the kind that just ends when the credits roll. No, this suspense is way heavier and could hit your wallet like a ton of bricks. Central banks all over the world are stockpiling gold like there’s no tomorrow, cementing our expectations that the era of the US dollar’s dominance could be nearing a dramatic climax. I’m talking about its death, guys. Finally.
With the BRICS steadfast on its mission to kill the dollar, financial experts like Peter Schiff are now starting to picture a world where the dollar isn’t needed.
A Golden Hedge Against Dollar Dominance
Let’s dive in. Over the past year, the gold market has become hotter than a summer blockbuster, with countr...
View original post