Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling
The Coins Post
by June G. Bauer
1w ago
The mysterious identity of Satoshi Nakamoto, the inventor of Bitcoin, has been a burning question in the crypto world for over a decade. Several self-proclaimed candidates have stepped forward claiming to be Nakamoto, but their assertions have been widely doubted or disproven. One of the most vocal Nakamoto claimants is Australian computer scientist Craig Wright, but a recent UK court ruling has decisively undermined his case. In a lawsuit brought by the Crypto Open Patent Alliance (COPA), a group representing crypto companies, the British High Court judge firmly rejected Wright’s claim to be ..read more
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P2P NFT Trading Platform Faces Breach: Users Urged to Take Immediate Action
The Coins Post
by M. Ali
3M ago
NFT Trader, a peer-to-peer (P2P) trading platform, recently experienced a security breach leading to the unauthorized transfer of significant NFT assets. The attacker, identified as 0x90…8fda, successfully made off with 37 Bored Ape Yacht Club (BAYC), 13 Mutant Ape Yacht Club (MAYC), 4 World of Women, and 6 VeeFriends NFTs, collectively valued at 1,080 ETH (approximately $2.4 million). Users are strongly advised to promptly revoke any authorization granted to the platform. Initial reports, shared by Chinese crypto news reporter Colin Wu on social media, indicate that the pilfered NFTs were sen ..read more
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Former IcomTech CEO Admits Guilt in Cryptocurrency Ponzi Scheme
The Coins Post
by Sying Tien
6M ago
In a recent development, Marco Ochoa, the former CEO of IcomTech, has pleaded guilty to a conspiracy to commit wire fraud charge in the United States District Court for the Southern District of New York. This admission of guilt is tied to the infamous Ponzi scheme orchestrated by IcomTech during Ochoa’s tenure as CEO, which lasted from the company’s inception in 2018 until 2019. The U.S. Department of Justice, in an official statement, revealed that IcomTech enticed investors with the promise of daily returns on investment products, all under the guise of being a cryptocurrency mining and trad ..read more
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Binance Announces Complete Exit from Russia, Selling Business to CommEX
The Coins Post
by Sying Tien
6M ago
In a significant development for the cryptocurrency world, Binance, one of the leading global cryptocurrency exchanges, has recently announced its decision to sell its entire business operations in Russia to CommEX. This strategic move is in line with Binance’s commitment to providing a seamless transition for its Russian user base. The off-boarding process for Russian users is expected to span over the course of a year, ensuring a gradual and secure transition of assets. Binance has reaffirmed its commitment to safeguarding the assets of all existing Russian users, reassuring them that their ..read more
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Robert Kiyosaki’s Bold Prediction: Citibank Tokens vs. Bitcoin and the US Dollar
The Coins Post
by Sying Tien
6M ago
In a recent tweet that sent shockwaves through the cryptocurrency community, renowned author and financial literacy advocate Robert Kiyosaki ignited a spirited debate about the future of Bitcoin and the US dollar. The tweet read: BYE BYE Bitcoin & US Dollar? Citibank announced today it is offering bank block chain technology to turn institutional savings into Citibank tokens which can be used for instaneous 24/7 cross border transactions. Bye bye BC & US $? — Robert Kiyosaki (@theRealKiyosaki) September 26, 2023 This bold statement has raised questions about the impact of traditiona ..read more
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Brazil Enhances National Identity Card Security with Blockchain Technology
The Coins Post
by Sying Tien
6M ago
In a significant stride toward modernization, Brazil is rolling out a novel national identity card system, fortified by the integration of a blockchain network. This innovative approach is set to bolster the security of data sharing between the Federal Revenue Service and civil identification authorities. The cornerstone of this system is the shared registry known as b-Cadastros, designed to underpin the operations of the revenue service. This comprehensive platform facilitates searches, issuance, and modifications of the new ID cards and tax registration numbers. Notably, the platform’s devel ..read more
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Horizen’s $ZEN Holders Take the Helm with the DAO Launch
The Coins Post
by Sying Tien
6M ago
The Horizen community, get ready to embark on a revolutionary journey in governance as the Horizen DAO steps into the spotlight, as per Horizen’s new announcement. Horizen, a public, open-source blockchain protocol, boasts a thriving ecosystem composed of developers, miners, node operators, and holders of $ZEN tokens across various blockchain networks. The introduction of the Horizen DAO paves the way for increased community involvement in decision-making and offers a platform for your voices to shape the project’s path. Discovering the Horizen DAO DAO, which stands for “Decentralized Autonomo ..read more
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Uphold Exchange Announces Evernode Airdrop for XRP Holders
The Coins Post
by Sying Tien
7M ago
Uphold exchange has revealed its support for the upcoming Evernode Airdrop. The airdrop, exclusively for XRP holders, promises to reward participants with EVRS tokens. The Evernode Airdrop: What You Need to Know Scheduled for September 1, 2023, at 6:00 PM AEST (8:00 AM UTC), the Evernode Airdrop snapshot is poised to capture the XRP holdings of participants. This snapshot is a pivotal moment as it forms the basis for determining the proportion of EVRS tokens that qualifying XRP holders will receive. It’s important to note that this snapshot will consider XRP holdings up to a limit of 50,000 XR ..read more
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Kuwait Authorities Unanimously Ban the Use of Virtual Assets
The Coins Post
by M. Ali
8M ago
In a collective effort, the regulatory authorities in Kuwait, represented by the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce and Industry, and the Insurance Regulation Unit, have issued directives to ban the use cryptocurrencies and other unregulated virtual assets within the country. The Kuwaiti Capital Markets Authority stated in an announcement released on Tuesday that these recommendations are provided by the Financial Action Task Force (FATF) to combat money laundering and terrorism financing. The issued directives impose an “absolute ban” on most digit ..read more
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Eyeball Games Secures Funding for Next-Gen Pool Gaming on the Blockchain
The Coins Post
by Sying Tien
8M ago
Eyeball Games, a Singapore-based gaming company, has successfully completed a funding round led by White Star Capital. Notable participants in this round include Polygon Ventures, Immutable, Ocular, Great South Gate Ventures, and prominent angel investors. White Star Capital invested from its Ubisoft-backed Digital Asset Fund, emphasizing the growing interest in blockchain gaming. The funding will support the development of “Eyeball Pool,” a modernized pool game that leverages Web3 elements to provide an enhanced user experience, including full ownership of in-game assets. The team behind Eyeb ..read more
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