Thursday, July 18, 2024
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witness recounts Alameda’s $65b credit line and alleged unlimited FTX withdrawals

Gary Wang told prosecutors that Alameda Research withdrew more value from FTX than the exchange made from fees, owing $20 billion once, while Judge Kaplan reprimanded defense attorneys for repetitive questioning on SBF’s trial day 4. Former FTX CTO Gary Wang named founder Sam Bankman-Fried as a co-conspirator of fraud on

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‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried.According to reports from Inner City Press, Wang addressed the courtroom on Oct. 5 following testimony from former FTX developer Adam Yedidia

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Dropbox cancels unlimited storage due to crypto mining concerns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is

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Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-intensive purposes like mining crypto.In an Aug. 24 blog post, Dropbox said its unlimited Advanced plan has instead moved to a metered storage plan with new users getting

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Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds – Featured Bitcoin News

The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto

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A Blockchain-based Crypto Economy Where Content Creators Are Offered Freedom, Control & Unlimited Earning Potential

We all know that when it comes to freedom of expression, platforms like YouTube, Instagram, Twitter and alike haven’t always lived up to their promises. The landscape for creators is constantly changing with regard to what can and can’t be expressed, monetizing their content, and adhering to guidelines and rules

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Alium Finance Introducing Hybrid DEX Liquidity to Address Liquidity Limitations, Trade Your Favorite Crypto With Unlimited Liquidity – Press release Bitcoin News

press release PRESS RELEASE. Using the latest Developments on the Decentralized Finance Market Alium introduces the Hybrid Liquidity Model, allowing users to trade almost any crypto using the Liquidity available both on Alium and the rest of the DeFi market. Hybrid liquidity allows traders to use both Liquidities available on Alium

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