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Legal • May 2, 2024, 5:01am EDT issued 1 minute ago upon Idin Dalpur is charged with wire fraud in connection with a multi-year Ponzi scheme that defrauded investors of more than $43 million, according to an undisclosed indictment from the U.S. Attorney's Office for the Southern District of New York.Dalpur was arrested yesterday morning and is scheduled to appear before Federal Judge Barbara Moses in Manhattan federal court later that day.”Idin Dalpur told investors that they would receive significant profits if they invested through him in a business he purported to be a hospitality business in Las Vegas and…

Unizen has successfully introduced two significant updates aimed at transforming the decentralized finance (DeFi) industry: Enhanced Ethereum Gas Optimization and ULDMv3. These advances will redefine efficiency and cost-effectiveness, significantly improving the trading experience for DeFi users. Enhanced Ethereum Gas Optimization Launched This update will significantly reduce Ethereum transaction costs by 40-50% for all users and 60-70% for integrators. This optimization streamlines the trading process, making decentralized trading not only more accessible, but also significantly reducing overhead costs, allowing traders to operate more freely and cost-effectively. ULDMv3: A revolutionary upgrade in liquidity distribution ULDMv3, the third version of the Unizen liquidity…

Manufacturing in the euro area remains in recession as April's PMI figures highlight ongoing challenges and disparities in the region. The manufacturing PMI for the euro area as a whole ended up at 45.7, down slightly from 46.1 in March. Greece ranked first among member countries with a PMI of 55.2, the lowest level for the country in three months. Spain and the Netherlands showed positive trends, with Spain at 52.2, the highest level in 22 months, and the Netherlands at 51.3, the highest level in 20 months. On the other hand, major countries such as Germany, France, and Italy…

Manufacturing in the euro area remains in recession as April's PMI figures highlight ongoing challenges and disparities in the region. The manufacturing PMI for the euro area as a whole ended up at 45.7, down slightly from 46.1 in March. Greece ranked first among member countries with a PMI of 55.2, the lowest level for the country in three months. Spain and the Netherlands showed positive trends, with Spain at 52.2, the highest level in 22 months, and the Netherlands at 51.3, the highest level in 20 months. On the other hand, major countries such as Germany, France, and Italy…

Eurozone's final manufacturing PMI for April was 45.7, expected 45.6, previously 46.1.Main findings: HCOB Eurozone Manufacturing PMI is 45.7 (March: 46.1). Lowest price in 4 months. HCOB Eurozone Manufacturing PMI Production Index: 47.3 (March: 47.1). Highest price in 12 months. Factory production falls at slowest pace in a year, boosting confidence, but decline in new orders acceleratescomment:“What will save the eurozone economy? This is a difficult question, but one thing is clear: it will not be the manufacturing sector. On the contrary, this sector will continue to prolong the recession into April. Production fell at a similar pace to the…

Cryptocurrency market shakes as news of CZ's imprisonment breaks out Bitcoin (BTC) and Ethereum (ETH) Investors are spooked by the sudden economic downturn. However, amidst the confusion, Faber Token (FURR) has emerged as a beacon of resilience and excitement, with presale funding exceeding the $1 million mark within just two months. While BTC and ETH are struggling to regain their footing, FURR continues to captivate investors with its unique appeal and promising vision, demonstrating the diversity of the crypto world. Bitcoin plummets below $60,000 as Binance CEO CZ is sentenced to 4 months in prison Bitcoin price plummets below $60,000,…

GDP growtheuro area It is expected to remain low at 0.7% in 2024, but is expected to rise to 1.5% in 2025 as domestic demand recovers. This is revealed by the OECD's economic forecasts. “Rising wages and real incomes in the labor market will stimulate private consumption as inflation declines. Investment will benefit from the gradual easing of credit conditions and continued capital spending. Recovery and resilience facilities” says the report. “Wage growth is expected to moderate over the forecast period as bottlenecks in the service sector ease, leading to underlying inflation reaching 2% by mid-2025,” the report continues. There…

Bitcoin's price has fallen sharply recently, falling below $60,000, raising fears of a bottom. Analysts at Altcoin Daily suggest that a break through the support at $62,000 could lead to further decline, potentially reaching levels near $52,000. Despite this correction, historical data shows Bitcoin facing similar downturns, with a decline of 23% and 18% in February 2023 and April-May 2024, respectively. But what is encouraging this illegal dumping behavior? Let's analyze the main factors that are pushing Bitcoin to its lowest price. Understanding Bitcoin Dumping Support level breakdown One of the main reasons for Bitcoin's decline is the collapse of…

Solana (SOL) is gaining bullish momentum as Zeus Network plans to connect Solana to the Bitcoin blockchain. SOL has risen 4% in the past 24 hours and is trading at $129.9 at the time of writing. The market capitalization of this asset exceeded his $58 billion, and the daily train traffic amounted to his $4.1 billion. SOL Price, Binance Funding Rate, Open Interest and RSI – May 2nd | Source: Santiment According to data provided by Santiment, total SOL open interest has consistently declined over the past 10 days, dropping from $1.63 billion on April 22 to $1.35 billion at…

8:42 ▪ 3 Minimum read time ▪ up to Eddie S. The cryptocurrency market is currently undergoing a major financial storm. evidence? More than 60% of the Cardano network's flagship cryptocurrency holders are currently in negative financial territory. But what is the reason behind this massive financial collapse for these investors? The decoding at the heart of this unprecedented financial crisis. Cardano, between stunning financial decline and hopes for recovery By the numbers, Cardano’s financial debacle is striking. Its main cryptocurrency ADA suffered a significant financial loss of 30% in just one month. As a result, the overwhelming majority of…