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Juan Takuri was sentenced to up to 240 months in prison for his role in the four-count Ponzi scheme. According to court documents, Mr. Takuri was a senior promoter of a four-count Ponzi scheme that defrauded thousands of investors, primarily in Spanish-speaking communities. The U.S. District Court for the Southern District of New York, led by Judge Annalisa Torres, handed down the maximum sentence for his role in the cryptocurrency-based fraud case. Takuli, 46, was ordered to pay more than $3.6 million in restitution and forfeit the Florida home he bought with the stolen funds. Cryptocurrency scam details Forcount, later…

The cryptocurrency project that Donald Trump announced last month officially launched on Tuesday, but sales of the WLFI token fell far short of expectations. CNBC reported that World Liberty Financial expects to raise about $300 million in the initial sale. But by Wednesday afternoon, only about 821 million of the 20 billion tokens had been sold at 0.015 cents each, raising about $12 million for the venture. On the eve of launch, project co-founder Zachary Folkman said, “Well over 100,000 people have been whitelisted to invest in this venture.” Less than 10% of them did so, according to blockchain data.…

Top US-listed Bitcoin miners have increased their ownership of the global network hashrate, pushing its share to new heights this year, according to a new report. Approximately 14 companies listed Bitcoin Analysts at investment banking giant JPMorgan said in a note to investors Wednesday that U.S. miners control a record 28.9% of the network.Hash rate refers to the amount of computing power used to mint new coins and keep the Bitcoin network secure. This comes after major U.S. crypto mining stocks “rose in the first two weeks of October,” with these companies receiving more than normal returns compared to their…

Elon Musk's electric car giant Tesla has moved its entire fortune of 9,720 Bitcoins worth over $760 million to a new unidentified wallet. This significant move, reported by blockchain analysis firm Arkham Intelligence, sparked widespread speculation within the BTC community. The rationale behind Tesla's recent BTC transfer is unclear at this time. Analysts are debating whether this move signals a sale of its holdings, an acquisition of more BTC, or a possible resumption of payments for Tesla cars. The feature was hinted at in a software update from the company last year. However, no conclusive evidence supporting either of these…

Popular cryptocurrency exchange Kraken has announced the introduction of Ethereum re-staking via EigenLayer, allowing users who have already staked ETH to leverage it through smart contracts. This new feature allows ETH token holders to use their staked ETH (Ether that is already staked to secure the Ethereum network's proof-of-stake mechanism) to build on EigenLayer. By securing your decentralized applications, you have the potential to earn additional staking rewards. Staked, a subsidiary of leading EigenLayer operator Kraken, will become a validator for restaked ETH using Kraken, providing a service normally only available to the company's institutional customers. Restaking on EigenLayer allows…

Paul Grewal, Coinbase's Chief Legal Officer, talks about “The Rise of Cryptocurrency Voters” on “The Claman Countdown.” Former President Trump has big plans for vast federal regulatory infrastructure, including (figuratively) blowing it up. These were the words of Rep. Byron Donald, a Republican from Florida and a prominent member of the House Financial Services Committee, speaking at cryptocurrency venture capital firm Blocktower’s investor day on Wednesday.Donald revealed on Tuesday night that he was on a flight from Atlanta to Florida with the former president vying to be the next president. Mr. Donald said the two are dealing with what he…

Shiba Inu (SHIB) is one of the most popular Ethereum tokens these days, attracting the attention of retail investors around the world. However, experts warn: Shiba Inu price trendssuggesting it may not live up to the hype in the coming weeks. They are signaling a new Ethereum token, WallitIQ (WLTQ), with real-world utility, technological innovation, and the potential to deliver an astounding 5,400% return in just 25 days through an ongoing token. We are gaining momentum by providing Token presale. Shiba Inu Price Faces Uncertainty: Could WallitIQ (WLTQ) Become an Ethereum Token to Watch? Shiba Inu (SHIB) has become widely…

in this storyCryptocurrency usage has hit new highs and shows no signs of slowing down.That's according to recent information report According to venture capital firm Andreessen Horowitz, record cryptocurrency usage has been discovered as business and technology infrastructure matures.The next president faces debt problems that could lead to a crisis, strategists say.annual “Current status of cryptocurrencies” The number of cryptocurrency owners worldwide this year hit a record high of 617 million, with an estimated 30 million and 60 million active users, according to a report released Wednesday. It was also revealed that blockchain activity has increased significantly, with 220 million…

According to a16z’s “State of Crypto 2024” report, the cryptocurrency industry is playing a key role in addressing the growing challenges in artificial intelligence (AI).As AI development becomes increasingly expensive and centralized, the report highlights how blockchain technology offers a decentralized solution that has the potential to make AI more accessible and fair. Masu.The report found that 34% of cryptocurrency projects now incorporate AI, up significantly from 27% in 2023, with many focused on making AI more accessible through decentralized networks. I emphasized thatChallenge to unify AIThe cost of developing and training advanced AI models has skyrocketed, concentrating resources in…

The Ethereum MACD indicator on the 1-day chart showed a bullish divergence. Ethereum exchanges have seen a surge in outflows and open interest, suggesting bullish sentiment. of Cryptocurrency fear and greed index Then it jumped to 73. Bitcoin [BTC] It exceeded $67,000. Despite this strong prejudice, Ethereum [ETH] It has not yet made significant profits. The largest altcoin was trading at $2,604 at press time, after falling just 0.4% in 24 hours. Ethereum is showing a bullish divergence on the daily chart. The moving average convergence divergence has turned positive. Additionally, the MACD histogram bar turns green and increases in…