LIVEDeFiToon
@DeFiToon
Just a degen sharing the WEB3 vision. Check me on twitter https://x.com/DeFiToon
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🚨 Sam Bankman-Fried will not face a second trial 🚨
Is this fair?
Bankman-Fried had faced six additional charges that had been severed from his first trial, including campaign finance violations, conspiracy to commit bribery, and conspiracy to operate an unlicensed money transmitting business.
He had been extradited in December 2022 from the Bahamas, where FTX was based, to face the seven earlier charges.
The Bahamas has yet to grant its consent for a trial on the remaining charges, however, leaving the timetable uncertain, prosecutors said.
Bankman-Fried's verdict came nearly one year after FTX filed for bankruptcy, erasing his once-$26 billion personal fortune in one of the fastest collapses of a major participant in U.S. financial markets.
Source: Reuters
Is this fair?
Bankman-Fried had faced six additional charges that had been severed from his first trial, including campaign finance violations, conspiracy to commit bribery, and conspiracy to operate an unlicensed money transmitting business.
He had been extradited in December 2022 from the Bahamas, where FTX was based, to face the seven earlier charges.
The Bahamas has yet to grant its consent for a trial on the remaining charges, however, leaving the timetable uncertain, prosecutors said.
Bankman-Fried's verdict came nearly one year after FTX filed for bankruptcy, erasing his once-$26 billion personal fortune in one of the fastest collapses of a major participant in U.S. financial markets.
Source: Reuters
🚨Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers 🚨
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
This once again shows that the authorities are ready to implement regulations, and it might just be sooner than we all think!
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
This once again shows that the authorities are ready to implement regulations, and it might just be sooner than we all think!
🚨Elon Musk robot attacks worker in Tesla factory🚨
A Tesla engineer at the company's Giga Texas factory near Austin was reportedly ambushed by a robot, leading to a concerning incident.
According to a 2021 injury report, the robot, designed to handle freshly cast aluminum car parts, allegedly attacked the engineer, causing a "trail of blood" on the factory surface.
The engineer, who was programming software for other robots at the time, suffered an open wound on his left hand as a result of the robot's actions.
Despite the severity of the incident, Tesla stated that the engineer did not require any time off for recovery.
This event has added to the growing concerns about the working environment at the company's facilities, as previous reports have highlighted safety and injury issues.
The incident has also raised questions about the potential risks associated with the increasing use of automation in the workplace, reflecting a broader industry trend towards a more automated manufacturing environment.
A Tesla engineer at the company's Giga Texas factory near Austin was reportedly ambushed by a robot, leading to a concerning incident.
According to a 2021 injury report, the robot, designed to handle freshly cast aluminum car parts, allegedly attacked the engineer, causing a "trail of blood" on the factory surface.
The engineer, who was programming software for other robots at the time, suffered an open wound on his left hand as a result of the robot's actions.
Despite the severity of the incident, Tesla stated that the engineer did not require any time off for recovery.
This event has added to the growing concerns about the working environment at the company's facilities, as previous reports have highlighted safety and injury issues.
The incident has also raised questions about the potential risks associated with the increasing use of automation in the workplace, reflecting a broader industry trend towards a more automated manufacturing environment.
🚨 BREAKING: 🇯🇵 Japan SHOCKS the crypto world with a GAME-CHANGING move 😳
🇯🇵 Prime Minister Kishida's Bold Move: No More Tax on #Crypto 🔥
BTC ETFs will not change thing, bull is already here regardless of what happens on the 8th of January. Japan already voted for institutions to stop paying taxes or unrealised crypto gains
🇯🇵 Prime Minister Kishida's Bold Move: No More Tax on #Crypto 🔥
BTC ETFs will not change thing, bull is already here regardless of what happens on the 8th of January. Japan already voted for institutions to stop paying taxes or unrealised crypto gains
Projects to participate in Season 6 of Binance Labs Incubation Program
Binance Labs has selected 12 project teams to participate in Season 6 of the Binance Labs Incubation Program. Season 6 is set to kick-off on September 25th. Incubated projects include Vistara, UXUY, BBOX, Derivio, Ethena, Shogun, MyShell, NFPrompt, QnA3, Cellula, Crypto Café, and MetaCene.
🔗 binance.com/en/blog/ecosystem/meet-the-cohort-binance-labs-incubation-season-6-3293752531037588947
Why is this important? Comments!
Binance Labs has selected 12 project teams to participate in Season 6 of the Binance Labs Incubation Program. Season 6 is set to kick-off on September 25th. Incubated projects include Vistara, UXUY, BBOX, Derivio, Ethena, Shogun, MyShell, NFPrompt, QnA3, Cellula, Crypto Café, and MetaCene.
🔗 binance.com/en/blog/ecosystem/meet-the-cohort-binance-labs-incubation-season-6-3293752531037588947
Why is this important? Comments!
NEXT BITCOIN PEAK: WHY IT COULD BE 2 YEARS AWAY.
Bitcoin’s last all-time high was $69,000 in November 2021; as of September 2023, it’s been 22 months since that peak. While estimating what price Bitcoin could reach next can be very useful, it’s also important to estimate when a new peak could occur.
History suggests this may still be some time away, as analysis shows that the next Bitcoin peak could arise around the end of 2025.
Market participants could anticipate the next Bitcoin peak around October-December 2025 if this pattern persists. The subsequent bottom could then occur around October 2026.
THE HALVING THEORY:
Approximately every four years, Bitcoin undergoes a ‘halving’ event, during which the reward for mining new blocks (i.e. the new supply of Bitcoin) is halved. This mechanism ensures the scarcity of Bitcoin, which is capped at a maximum supply of 21 million coins. A simple economic principle suggests that prices rise when supply drops while demand stays constant or grows.
Historically, Bitcoin has reached a new peak a year after each halving. Given that the next halving is projected to be in April 2024, it aligns with the chart above, showing the next Bitcoin peak to be around the end of 2025.
#BTC
Bitcoin’s last all-time high was $69,000 in November 2021; as of September 2023, it’s been 22 months since that peak. While estimating what price Bitcoin could reach next can be very useful, it’s also important to estimate when a new peak could occur.
History suggests this may still be some time away, as analysis shows that the next Bitcoin peak could arise around the end of 2025.
Market participants could anticipate the next Bitcoin peak around October-December 2025 if this pattern persists. The subsequent bottom could then occur around October 2026.
THE HALVING THEORY:
Approximately every four years, Bitcoin undergoes a ‘halving’ event, during which the reward for mining new blocks (i.e. the new supply of Bitcoin) is halved. This mechanism ensures the scarcity of Bitcoin, which is capped at a maximum supply of 21 million coins. A simple economic principle suggests that prices rise when supply drops while demand stays constant or grows.
Historically, Bitcoin has reached a new peak a year after each halving. Given that the next halving is projected to be in April 2024, it aligns with the chart above, showing the next Bitcoin peak to be around the end of 2025.
#BTC
Tezos development team TriliTech has partnered with ConsenSys to launch Tezos Snap, which is compatible with the MetaMask wallet.
#crypto2023
https://spotlight.tezos.com/metamask-now-supports-tezos-an-explainer/
#crypto2023
https://spotlight.tezos.com/metamask-now-supports-tezos-an-explainer/
Billionaire Mark Cuban confirms $870,000 worth of crypto stolen from his #MetaMask wallet.
#crypto2023 #cryptocurrency #BTC
#crypto2023 #cryptocurrency #BTC
