Crypto Ethone

  Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded. Former crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in United States federal prison for stealing $8bn from customers of the now-bankrupt FTX cryptocurrency exchange he founded. US District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing on Thursday after rejecting Bankman-Fried’s claim that FTX customers did not actually lose money and accusing him of lying during his trial testimony. A jury found Bankman-Fried, 32, guilty on November 2 on seven fraud and conspiracy counts stemming from FTX’s 2022 collapse in what prosecutors have called one of the biggest financial frauds in US history. “He knew it was wrong,” Kaplan said of Bankman-Fried before handing down the sentence. “He knew it was criminal. He regrets that he made a very bad bet about the likelihood of getting caught. But he is not going to admit a thing, as is ...

Once upon a time, there was a passionate crypto enthusiast named  Marius  who believed in the power of blockchain technology to revolutionize the financial world.  Eager to explore the world of cryptocurrencies,  Marius  chose Binance , the world's leading crypto exchange platform known for its security and user-friendly interface. With a sense of excitement and determination, Marius embarked on his journey, investing in various digital assets on the Binance platform. He diligently researched projects, analyzed market trends, and made strategic decisions to grow his portfolio. As days turned into weeks and weeks into months, Marius investments flourished. Thanks to Binance 's robust security measures and reliable services, he felt confident in his decision to trade on the platform. The intuitive interface and seamless trading experience provided by Binance made managing his portfolio a breeze. Through ups and downs in the crypto market, Binance stood as a b...

  Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets.  One such groundbreaking avenue involves earning money by selling your unused internet connection.  By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks.  It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen.  The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How ...

  In a remarkable turn of events, Solana has achieved a significant milestone by surpassing Ethereum and other EVM-based Layer-2 solutions in 24-hour volume, as reported by DefiLlama.  With Solana's total chain volume standing at $3.654 billion, compared to Ethereum's $2.397 billion, the platform has emerged as the undisputed leader in blockchain transactions.  Even when combined with other major contenders like Arbitrum, Avalanche, Polygon and Optimism , Solana outpaces them all.Source: DefiLlama The remarkable feat has caught the attention of Solana's co-founder, Anatoly Yakovenko, who responded to the news succinctly, acknowledging the platform's achievement. However, amid the celebration, skeptics have raised questions about Solana's centralized staking system and its potential vulnerabilities.  Yakovenko addressed these concerns, emphasizing the differences between Solana's quorum control and the multisig control seen in Layer-2 solutions. And there is a w...