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Pump Fun Exploiter Busted in London!
๐ฌ๐ง So, it turns out that the mastermind behind the Pump Fun exploit has been caught! British police nabbed Jarett Dunn, aka @STACCoverflow, early Saturday morning in #London .
๐ต๏ธโโ๏ธ A private security firm tracked down our modern-day Robin Hood using Instagram posts and some good old-fashioned detective work. After a 26-hour "slow burn" operation, they found him hiding out in the Middle Eight Hotel in Covent Garden.
Apparently, ๐ง Dunn used his insider access to exploit the #protocol and make off with the funds in just 100 minutes. He even ๐ช airdropped the stolen loot to random Solana users! ๐ The Pump Fun team has since redeployed their smart contracts to keep things secure and promised to compensate the victims.
๐ Oh, and get thisโDunn's pseudonym "STACCoverflow" is a play on his real name, Jarett, and the French phrase "jโarrรชte," meaning "I'm done." How clever! ๐
๐คท Dunn is expected to stay in the UK until his next court appearance in.
#bitcoin #BTC #btc70k
๐ฌ๐ง So, it turns out that the mastermind behind the Pump Fun exploit has been caught! British police nabbed Jarett Dunn, aka @STACCoverflow, early Saturday morning in #London .
๐ต๏ธโโ๏ธ A private security firm tracked down our modern-day Robin Hood using Instagram posts and some good old-fashioned detective work. After a 26-hour "slow burn" operation, they found him hiding out in the Middle Eight Hotel in Covent Garden.
Apparently, ๐ง Dunn used his insider access to exploit the #protocol and make off with the funds in just 100 minutes. He even ๐ช airdropped the stolen loot to random Solana users! ๐ The Pump Fun team has since redeployed their smart contracts to keep things secure and promised to compensate the victims.
๐ Oh, and get thisโDunn's pseudonym "STACCoverflow" is a play on his real name, Jarett, and the French phrase "jโarrรชte," meaning "I'm done." How clever! ๐
๐คท Dunn is expected to stay in the UK until his next court appearance in.
#bitcoin #BTC #btc70k
WisdomTree Receives FCA Approval to List Bitcoin and Ether ETPs on LSE
WisdomTree has secured FCA approval to list Bitcoin and Ethereum ETPs on the LSE, marking a major milestone and expanding institutional crypto investment opportunities.
WisdomTree, a prominent global fund manager, has made significant strides in the cryptocurrency investment space. The firm has announced that it has agreed to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE) in the U.K.
Approved by the Financial Conduct Authority (FCA). The move marks an important moment for institutional investors in the U.K. I want to gain exposure to the crypto market through regulated channels.
WisdomTree Pioneers Crypto ETP Listing on LSE
In a recent announcement, WisdomTree unveiled its plans to introduce physically backed Bitcoin (BTCW) and Ethereum (ETHW) ETPs on the London Stock Exchange (LSE), following FCA approval. The firm has emphasized its distinction as one of the first issuers to receive FCA approval for crypto-ETPs.
This marks a significant milestone for the wider industry, let alone the fund manager. Notably, these Bitcoin and Ether ETPs will be available for trading on May 28, initially catering to professional investors.
Meanwhile, WisdomTreeโs Bitcoin and Ethereum ETPs boast a management expense ratio (MER) of just 0.35%. This positions them as competitively priced options for institutional-grade exposure to these leading cryptocurrencies.
Alexis Marinof, head of Europe at WisdomTree, hailed the FCAโs approval as an important moment for UK-based investors. In addition, he noted that this could pave the way for wider institutional adoption of crypto-assets.
Expanding Crypto Investment Opportunities
WisdomTreeโs foray into the cryptocurrency market dates back to 2019 when it introduced the WisdomTree Physical Bitcoin ETP, the first traditional ETP issuer to offer such exposure to European investors.
Since then, the firm has expanded its crypto ETP lineup to include a diverse range of offerings, giving investors access to single coins like Bitcoin and Ethereum, as well as diverse crypto baskets. has gone
Additionally, with its ETPs already listed on several European exchanges including Deutsche Bรถrse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam, WisdomTree has played a significant role in democratizing crypto investing across the continent.
The availability of these ETPs in multiple European countries underscores WisdomTreeโs commitment to providing accessible and regulated avenues for crypto investment.
Meanwhile, the news comes amid growing optimism in the US about the possible approval of the Spot Ethereum ETF by the US SEC in the coming days. Given the recent buzz, Ethereum price also noted significant gains, trading above the $3,700 mark.
#London #StockExhange #EthereumEFT $BTC
WisdomTree, a prominent global fund manager, has made significant strides in the cryptocurrency investment space. The firm has announced that it has agreed to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE) in the U.K.
Approved by the Financial Conduct Authority (FCA). The move marks an important moment for institutional investors in the U.K. I want to gain exposure to the crypto market through regulated channels.
WisdomTree Pioneers Crypto ETP Listing on LSE
In a recent announcement, WisdomTree unveiled its plans to introduce physically backed Bitcoin (BTCW) and Ethereum (ETHW) ETPs on the London Stock Exchange (LSE), following FCA approval. The firm has emphasized its distinction as one of the first issuers to receive FCA approval for crypto-ETPs.
This marks a significant milestone for the wider industry, let alone the fund manager. Notably, these Bitcoin and Ether ETPs will be available for trading on May 28, initially catering to professional investors.
Meanwhile, WisdomTreeโs Bitcoin and Ethereum ETPs boast a management expense ratio (MER) of just 0.35%. This positions them as competitively priced options for institutional-grade exposure to these leading cryptocurrencies.
Alexis Marinof, head of Europe at WisdomTree, hailed the FCAโs approval as an important moment for UK-based investors. In addition, he noted that this could pave the way for wider institutional adoption of crypto-assets.
Expanding Crypto Investment Opportunities
WisdomTreeโs foray into the cryptocurrency market dates back to 2019 when it introduced the WisdomTree Physical Bitcoin ETP, the first traditional ETP issuer to offer such exposure to European investors.
Since then, the firm has expanded its crypto ETP lineup to include a diverse range of offerings, giving investors access to single coins like Bitcoin and Ethereum, as well as diverse crypto baskets. has gone
Additionally, with its ETPs already listed on several European exchanges including Deutsche Bรถrse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam, WisdomTree has played a significant role in democratizing crypto investing across the continent.
The availability of these ETPs in multiple European countries underscores WisdomTreeโs commitment to providing accessible and regulated avenues for crypto investment.
Meanwhile, the news comes amid growing optimism in the US about the possible approval of the Spot Ethereum ETF by the US SEC in the coming days. Given the recent buzz, Ethereum price also noted significant gains, trading above the $3,700 mark.
#London #StockExhange #EthereumEFT $BTC
VC Company A16z Expands to London to Take Advantage of Friendly Web3 Regulation
A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this expansion and that the U.K. would continue to embrace innovations like Web3, powered by blockchain tech.
Contents
A16z to Open First Office in London Later
This YearAbout this, Dixon stated:
Government Support
A16z to Open First Office in London Later This Year
A16z, a tech and #Web3 #venturecapital company, has announced that it will expand to #London to take advantage of the friendly regulatory environment.ย Chris Dixon, general partner and founder of A16z #Crypto , explained that the company had been working with different policymakers, finding a receptive attitude in the U.K.
About this, Dixon stated:
It has become clear that the U.K. government sees the promise of Web3. U.K. authorities are also willing to work with the industry to create policies that incentivize startups to pursue decentralization.
In this sense, Dixon explains that policymakers in the U.K. are taking โan approach that is uniquely tailored to blockchain and digital asset regulation,โ identifying the traits and possibilities of Web3 technology while also putting customer protection at the forefront.
The office, which will be opened later this year, will be led by Sriram Krishnan, a general partner, and will focus on building the startup and cryptocurrency ecosystem in the U.K., taking it as an entrance to Europe.
A16z clarified that it remains invested in the U.S. and is willing to push for clear regulations in the crypto environment.
Government Support
Rishi Sunak, prime minister of the U.K., welcomed A16zโs expansion into the country, stating he was thrilled to receive it and also about its decision to โopen their first international office in the U.K. โ which is testament to our world-class universities and talent and our strong competitive business environment.โ
On the role of these technologies in the development of the U.K, Sunak declared:
As we cement the UKโs place as a science and tech superpower, we must embrace new innovations like Web3, powered by blockchain technology, which will enable start-ups to flourish here and grow the economy.
The expansion announcement comes after several legal actions were exerted by theย U.S. Securities and Exchange Commissionย (SEC) against two behemoth #cryptocurrency exchanges, Coinbase and Binance. Several lawmakers, including Sen. Cynthia Lummis, have stated these actions are taking cryptocurrency companies and innovation out of the U.S. and into countries like China.
What do you think about A16zโs expansion to London? Tell us in the comment section below.
nftstudio24.com
Contents
A16z to Open First Office in London Later
This YearAbout this, Dixon stated:
Government Support
A16z to Open First Office in London Later This Year
A16z, a tech and #Web3 #venturecapital company, has announced that it will expand to #London to take advantage of the friendly regulatory environment.ย Chris Dixon, general partner and founder of A16z #Crypto , explained that the company had been working with different policymakers, finding a receptive attitude in the U.K.
About this, Dixon stated:
It has become clear that the U.K. government sees the promise of Web3. U.K. authorities are also willing to work with the industry to create policies that incentivize startups to pursue decentralization.
In this sense, Dixon explains that policymakers in the U.K. are taking โan approach that is uniquely tailored to blockchain and digital asset regulation,โ identifying the traits and possibilities of Web3 technology while also putting customer protection at the forefront.
The office, which will be opened later this year, will be led by Sriram Krishnan, a general partner, and will focus on building the startup and cryptocurrency ecosystem in the U.K., taking it as an entrance to Europe.
A16z clarified that it remains invested in the U.S. and is willing to push for clear regulations in the crypto environment.
Government Support
Rishi Sunak, prime minister of the U.K., welcomed A16zโs expansion into the country, stating he was thrilled to receive it and also about its decision to โopen their first international office in the U.K. โ which is testament to our world-class universities and talent and our strong competitive business environment.โ
On the role of these technologies in the development of the U.K, Sunak declared:
As we cement the UKโs place as a science and tech superpower, we must embrace new innovations like Web3, powered by blockchain technology, which will enable start-ups to flourish here and grow the economy.
The expansion announcement comes after several legal actions were exerted by theย U.S. Securities and Exchange Commissionย (SEC) against two behemoth #cryptocurrency exchanges, Coinbase and Binance. Several lawmakers, including Sen. Cynthia Lummis, have stated these actions are taking cryptocurrency companies and innovation out of the U.S. and into countries like China.
What do you think about A16zโs expansion to London? Tell us in the comment section below.
nftstudio24.com
๐ต๏ธโโ๏ธ๐ฐ In a stunning revelation exposing the shadowy depths of cryptocurrency crime, Jian Wen, a resident of London, stands convicted of masterminding a colossal $4.3 billion bitcoin laundering scheme. What initially appeared as the facade of a legitimate businessperson swiftly unraveled into a sophisticated operation, funneling illicit funds into tangible assets like opulent properties and extravagant jewelry. ๐ผ๐
โ๏ธ Following an exhaustive five-year investigation by the London Metropolitan Police, Wen's intricate web of deception finally came crashing down. Despite her attempts to fly under the radar, her suspicious financial maneuvers, particularly her lavish property acquisitions in London, raised eyebrows and triggered alarms within law enforcement circles. ๐จ๐
๐ The investigation, spanning continents and involving the analysis of nearly 48 electronic devices, illuminated the formidable challenges of tracing and prosecuting cryptocurrency-related crimes. Documents translated from Mandarin Chinese played a pivotal role, emphasizing the global reach of digital currency offenses. ๐๐
๐ผ๐ With Wen's conviction, authorities wasted no time seizing her assets, including bitcoins, and launching a comprehensive recovery effort. A High Court decision granting the Crown Prosecution Service (CPS) a freezing order for the confiscated bitcoins signals a resolute stance against individuals involved in crypto-related offenses. ๐ณโ
๐จโโ๏ธ Andrew Penhale, Chief Crown Prosecutor of the CPS, sounded the alarm on the growing trend of criminals leveraging cryptocurrencies to obfuscate their ill-gotten gains. This landmark case serves as a sobering reminder of the ongoing imperative for unwavering vigilance and collaborative efforts among law enforcement agencies to combat the misuse of digital currencies in criminal enterprises. ๐ก๏ธ๐ผ
#CPS #JianWen #BTC #London #England #CryptoCrimeFighters
๐๐
โ๏ธ Following an exhaustive five-year investigation by the London Metropolitan Police, Wen's intricate web of deception finally came crashing down. Despite her attempts to fly under the radar, her suspicious financial maneuvers, particularly her lavish property acquisitions in London, raised eyebrows and triggered alarms within law enforcement circles. ๐จ๐
๐ The investigation, spanning continents and involving the analysis of nearly 48 electronic devices, illuminated the formidable challenges of tracing and prosecuting cryptocurrency-related crimes. Documents translated from Mandarin Chinese played a pivotal role, emphasizing the global reach of digital currency offenses. ๐๐
๐ผ๐ With Wen's conviction, authorities wasted no time seizing her assets, including bitcoins, and launching a comprehensive recovery effort. A High Court decision granting the Crown Prosecution Service (CPS) a freezing order for the confiscated bitcoins signals a resolute stance against individuals involved in crypto-related offenses. ๐ณโ
๐จโโ๏ธ Andrew Penhale, Chief Crown Prosecutor of the CPS, sounded the alarm on the growing trend of criminals leveraging cryptocurrencies to obfuscate their ill-gotten gains. This landmark case serves as a sobering reminder of the ongoing imperative for unwavering vigilance and collaborative efforts among law enforcement agencies to combat the misuse of digital currencies in criminal enterprises. ๐ก๏ธ๐ผ
#CPS #JianWen #BTC #London #England #CryptoCrimeFighters
๐๐
VC Company A16z Expands to London to Take Advantage of Friendly Web3 Regulation
A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this expansion and that the U.K. would continue to embrace innovations like Web3, powered by blockchain tech.
Contents
A16z to Open First Office in London Later
This YearAbout this, Dixon stated:
Government Support
A16z to Open First Office in London Later This Year
A16z, a tech and #Web3 #venturecapital company, has announced that it will expand to #London to take advantage of the friendly regulatory environment.ย Chris Dixon, general partner and founder of A16z #Crypto , explained that the company had been working with different policymakers, finding a receptive attitude in the U.K.
About this, Dixon stated:
It has become clear that the U.K. government sees the promise of Web3. U.K. authorities are also willing to work with the industry to create policies that incentivize startups to pursue decentralization.
In this sense, Dixon explains that policymakers in the U.K. are taking โan approach that is uniquely tailored to blockchain and digital asset regulation,โ identifying the traits and possibilities of Web3 technology while also putting customer protection at the forefront.
The office, which will be opened later this year, will be led by Sriram Krishnan, a general partner, and will focus on building the startup and cryptocurrency ecosystem in the U.K., taking it as an entrance to Europe.
A16z clarified that it remains invested in the U.S. and is willing to push for clear regulations in the crypto environment.
Government Support
Rishi Sunak, prime minister of the U.K., welcomed A16zโs expansion into the country, stating he was thrilled to receive it and also about its decision to โopen their first international office in the U.K. โ which is testament to our world-class universities and talent and our strong competitive business environment.โ
On the role of these technologies in the development of the U.K, Sunak declared:
As we cement the UKโs place as a science and tech superpower, we must embrace new innovations like Web3, powered by blockchain technology, which will enable start-ups to flourish here and grow the economy.
The expansion announcement comes after several legal actions were exerted by theย U.S. Securities and Exchange Commissionย (SEC) against two behemoth #cryptocurrency exchanges, Coinbase and Binance. Several lawmakers, including Sen. Cynthia Lummis, have stated these actions are taking cryptocurrency companies and innovation out of the U.S. and into countries like China.
What do you think about A16zโs expansion to London? Tell us in the comment section below.
nftstudio24.com
Contents
A16z to Open First Office in London Later
This YearAbout this, Dixon stated:
Government Support
A16z to Open First Office in London Later This Year
A16z, a tech and #Web3 #venturecapital company, has announced that it will expand to #London to take advantage of the friendly regulatory environment.ย Chris Dixon, general partner and founder of A16z #Crypto , explained that the company had been working with different policymakers, finding a receptive attitude in the U.K.
About this, Dixon stated:
It has become clear that the U.K. government sees the promise of Web3. U.K. authorities are also willing to work with the industry to create policies that incentivize startups to pursue decentralization.
In this sense, Dixon explains that policymakers in the U.K. are taking โan approach that is uniquely tailored to blockchain and digital asset regulation,โ identifying the traits and possibilities of Web3 technology while also putting customer protection at the forefront.
The office, which will be opened later this year, will be led by Sriram Krishnan, a general partner, and will focus on building the startup and cryptocurrency ecosystem in the U.K., taking it as an entrance to Europe.
A16z clarified that it remains invested in the U.S. and is willing to push for clear regulations in the crypto environment.
Government Support
Rishi Sunak, prime minister of the U.K., welcomed A16zโs expansion into the country, stating he was thrilled to receive it and also about its decision to โopen their first international office in the U.K. โ which is testament to our world-class universities and talent and our strong competitive business environment.โ
On the role of these technologies in the development of the U.K, Sunak declared:
As we cement the UKโs place as a science and tech superpower, we must embrace new innovations like Web3, powered by blockchain technology, which will enable start-ups to flourish here and grow the economy.
The expansion announcement comes after several legal actions were exerted by theย U.S. Securities and Exchange Commissionย (SEC) against two behemoth #cryptocurrency exchanges, Coinbase and Binance. Several lawmakers, including Sen. Cynthia Lummis, have stated these actions are taking cryptocurrency companies and innovation out of the U.S. and into countries like China.
What do you think about A16zโs expansion to London? Tell us in the comment section below.
nftstudio24.com
Woman Who Planned $4.3 Billion Bitcoin Laundering Scheme Arrested in London. โ๏ธ๐ต๐ปโโ๏ธ
In a recent development that sheds light on the dark underbelly of cryptocurrency crime, Jian Wen, a London resident, has been convicted of laundering over $4.3 billion in bitcoins. What initially seemed like an attempt to pass off as a legitimate businessperson turned out to be a sophisticated scheme, culminating in Wen's conviction for funneling illicit funds into physical assets like multimillion-dollar properties and jewelry.
The conviction comes after a meticulous five-year investigation by the London Metropolitan Police, demonstrating a steadfast commitment to combating financial crimes involving cryptocurrencies. Despite her attempts to evade detection, Wen's suspicious financial activities eventually raised red flags, particularly during her endeavors to purchase high-value properties in London.
The investigation, which involved extensive detective work and the examination of nearly 48 electronic devices, underscored the challenges law enforcement faces in tracing and prosecuting crimes involving digital currencies. Documents and files translated from Mandarin Chinese played a crucial role in building the case against Wen, highlighting the global nature of cryptocurrency-related crimes.
Following her conviction, authorities seized Wen's assets, including bitcoins, and initiated a recovery investigation. A High Court decision granted the Crown Prosecution Service (CPS) a freezing order for the seized bitcoins, signaling the legal repercussions awaiting individuals involved in cryptocurrency-related offenses.
Andrew Penhale, Chief Crown Prosecutor of the CPS, emphasized the growing trend of criminals utilizing cryptocurrencies to mask and move illicit funds. This case serves as a stark reminder of the need for continued vigilance and collaboration between law enforcement agencies to address the misuse of cryptocurrencies in criminal activities.
#CPS #JianWen #BTC #London #England
In a recent development that sheds light on the dark underbelly of cryptocurrency crime, Jian Wen, a London resident, has been convicted of laundering over $4.3 billion in bitcoins. What initially seemed like an attempt to pass off as a legitimate businessperson turned out to be a sophisticated scheme, culminating in Wen's conviction for funneling illicit funds into physical assets like multimillion-dollar properties and jewelry.
The conviction comes after a meticulous five-year investigation by the London Metropolitan Police, demonstrating a steadfast commitment to combating financial crimes involving cryptocurrencies. Despite her attempts to evade detection, Wen's suspicious financial activities eventually raised red flags, particularly during her endeavors to purchase high-value properties in London.
The investigation, which involved extensive detective work and the examination of nearly 48 electronic devices, underscored the challenges law enforcement faces in tracing and prosecuting crimes involving digital currencies. Documents and files translated from Mandarin Chinese played a crucial role in building the case against Wen, highlighting the global nature of cryptocurrency-related crimes.
Following her conviction, authorities seized Wen's assets, including bitcoins, and initiated a recovery investigation. A High Court decision granted the Crown Prosecution Service (CPS) a freezing order for the seized bitcoins, signaling the legal repercussions awaiting individuals involved in cryptocurrency-related offenses.
Andrew Penhale, Chief Crown Prosecutor of the CPS, emphasized the growing trend of criminals utilizing cryptocurrencies to mask and move illicit funds. This case serves as a stark reminder of the need for continued vigilance and collaboration between law enforcement agencies to address the misuse of cryptocurrencies in criminal activities.
#CPS #JianWen #BTC #London #England
