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SXDCAIOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
SXDCABitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
SXDCARBI Governor: Cryptocurrencies threaten rupee stability, urges investors to remain cautious
According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it ...
SXDCAIOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
SXDCABitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
SXDCARBI Governor: Cryptocurrencies threaten rupee stability, urges investors to remain cautious
According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it ...
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The U.S. Securities and Exchange Commission (SEC) announced that it has charged the $1.7 billion HyperFund scam with fraud and unregistered securities offerings. The SEC said in a press release on Monday that from June 2020 to early 2022, Xue Lee and Brenda Chunga, known respectively as Sam Lee and Bitcoin Beautee, raised more than $1.7 billion from global investors. Lee and Chunga promoted HyperFund as an opportunity to invest in a profitable crypto mining operation, but in reality, it was a Ponzi scheme with no real source of revenue, and in 2022, the project imploded, leaving investors with heavy losses. The SEC’s press release reads: “This case once again illustrates how violations in the cryptocurrency space have fueled schemes in which promoters exploited the promise of easy money without providing the information required by the registration provisions of the federal securities laws. Detailed Investor Protection Disclosure Information.”
The SEC filed a complaint in federal district court in Maryland alleging that Lee and Chunga violated the anti-fraud and registration provisions of the federal securities laws. The U.S. Attorney's Office for the District of Maryland also filed criminal charges against Lee and Chunga. Chunga, who pleaded guilty to conspiracy to commit securities fraud and wire fraud, also agreed to settle the charges and pay restitution and a civil penalty in an amount to be determined by the court.
The U.S. Securities and Exchange Commission (SEC) announced that it has charged the $1.7 billion HyperFund scam with fraud and unregistered securities offerings. The SEC said in a press release on Monday that from June 2020 to early 2022, Xue Lee and Brenda Chunga, known respectively as Sam Lee and Bitcoin Beautee, raised more than $1.7 billion from global investors. Lee and Chunga promoted HyperFund as an opportunity to invest in a profitable crypto mining operation, but in reality, it was a Ponzi scheme with no real source of revenue, and in 2022, the project imploded, leaving investors with heavy losses. The SEC’s press release reads: “This case once again illustrates how violations in the cryptocurrency space have fueled schemes in which promoters exploited the promise of easy money without providing the information required by the registration provisions of the federal securities laws. Detailed Investor Protection Disclosure Information.”
The SEC filed a complaint in federal district court in Maryland alleging that Lee and Chunga violated the anti-fraud and registration provisions of the federal securities laws. The U.S. Attorney's Office for the District of Maryland also filed criminal charges against Lee and Chunga. Chunga, who pleaded guilty to conspiracy to commit securities fraud and wire fraud, also agreed to settle the charges and pay restitution and a civil penalty in an amount to be determined by the court.
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