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The former cryptocurrency entrepreneur told ABC News that he “did everything he could from prison” to make up for the loss of billions in customer funds. Monday 1 April 2024 14:46, United Kingdom Sam Bankman Freed says he is “haunted” every day by what he “lost” after being jailed for stealing billions of dollars from his clients. of Disgraced crypto entrepreneur was the chief executive of FTXit suddenly went bankrupt November 2022 – Millions of users have their accounts frozen and funds worth $10bn (£7.9bn) lost.He was sentenced last week to 25 years in prison. After a New York jury…
Skywards, a prominent company within the DeFi ecosystem, has put forward a proposal to integrate sUSDe, the synthetic dollar staking version of Ethena, into Aave V3 on Ethereum. This proposal is based on the consensus reached during the TEMP CHECK stage and represents a potential extension of the Aave protocol.Skywards seeks to add sUSDe to Ethereum's Aave V3sUSDe offers a stable crypto-native solution with lucrative revenue opportunities, making it an attractive asset for borrowers within the Aave ecosystem. The proposed contract address for sUSDe is 0x9d… and he plans to implement an oracle via CAPO to ensure a reliable price…
Europe's economic engine remains stagnant. And just as when Germany sneezes, the eurozone catches a cold, so the EU's major capitals are closely monitoring everything happening in Berlin. At the moment, the outlook is not exactly bright. Germany's five main economic research and analysis organizations have significantly revised their forecasts for 2024 downward. Just six months ago, Germany's economy was expected to grow by 1.3%, but that forecast has now been lowered to just 0.1%.These revisions came after Germany's gross domestic product (GDP) fell by 0.3% in 2023, with German Economy Minister Robert Haveck describing the outlook as “drastically negative”.…
as Bulgaria Economists working on economic challenges have highlighted the country's laggards within the European Union, particularly in terms of purchasing power. According to recent Eurostat data, Bulgaria ranked last in european uniona worrying sign of its economic status. Economists emphasize critical inequality: no european union Member countries have joined euro area The minimum wage is less than 500 euros. This harsh reality emphasizes that BulgariaIt highlights the country's economic woes and highlights the need for significant improvements to close the gap with European countries. Vasyl Verev, Chairman of the Industrial Capital Association, expressed his concern: BulgariaEconomic growth has slowed…
Marc Boiron, CEO of Polygon Labs, expressed his dissatisfaction with the Layer 3 (L3) network, stating that the presence of the Layer 3 (L3) network is taking away the value of Ethereum. His statement comes amid growing excitement about L3 networks such as Degen Chain, which build on top of L2 to facilitate application-specific dApps, offering solutions such as scaling, cost, and interoperability. . Impact of L3 network on Ethereum value Polygon's CEO is X and wrote that Polygon Labs, Ethereum's Layer 2 scaling network, is not involved in Layer 3 that is not necessary to scale the existing network.…
XION, a blockchain built for consumer-centric developers, closed a $25 million Series A funding round earlier this month with investments from Multicoin, Animoca, Arrington Capital, and more. XION is built by Burnt, a self-proclaimed Web3 foundry that provides a smart contract development toolchain. It is the first platform that allows developers to “build, launch and scale their consumer-facing Web3 products from the ground up,” the company said in a statement. “Burnt started as a decentralized marketplace for Solana, but XION realized that the marketplace's value acquisition funnel was terrible and onboarding new users was difficult,” said its founder. said the…
The XMR to USD exchange rate is an important indicator for investors tracking the value of Monero against the US Dollar. This article examines the factors that influence this exchange rate and the implications for privacy-conscious crypto users. In the ever-evolving cryptocurrency landscape, Monero (XMR) stands out for its focus on privacy and security. The exchange rate of XMR, a leading privacy-focused digital currency, to the US dollar (USD) is an important indicator for investors, traders, and users looking to convert their holdings into fiat currency. The XMR to USD rate is influenced by a myriad of factors, from market…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. NFT tokens (NFTFN) have been gaining interest from cryptocurrency enthusiasts and experts, with some speculating that they will soon soar 50x. Over the past month, top cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have posted double-digit gains, significantly increasing their respective market caps. Meanwhile, new altcoins like NFT tokens are attracting interest from cryptocurrency enthusiasts and experts, and are estimated to soar up to 50x in the coming months. Bullish momentum in the market After a disappointing crypto…
Yuri Molchan X’s boss cheers up the crypto community with a jokey April Fool’s message Read U.TODAY google news Elon Musk, CEO of Tesla and SpaceX and owner of X, has apparently upset the crypto community with an April Fool's Day message.Musk trolls Disney CEOIn the He tweeted that he would be taking on the position of chief DEI officer. DEI stands for “diversity, diversity.” It's about equity and inclusion. He wrote, “I can't wait to work with Bob Iger and Kathleen Kennedy to further awaken their content!” he added. Kathleen Kennedy is the president of Lucasfilm, which is now…
Bitcub Capital Group Holdings, the principal owner of Thailand’s largest cryptocurrency exchange, recently made an important announcement regarding its future trajectory. The company announced its intention to launch an initial public offering (IPO) in 2025, marking a pivotal moment in its evolution.Thailand previously announced updated standards aimed at promoting a secure and vibrant digital asset environment, and CEO Jirayut Srupsrisopa's commitment to raise Bitkub's profile and secure the funding it needs for further growth and development. You can see why this strategic decision is so salient. As part of the preparatory phase, Bitkub is actively engaged in the process of…