Protos | Informed crypto news
3 days ago · Informed crypto news. Protos cuts through the noise to provide clear insight, considered expert opinion, and market-moving information on Bitcoin and crypto as efficiently as possible.
What happened to the crypto islands? - Protos
4:04 PM • Aug 07, 2024. — Cryptoland, Satoshi Island. — by Protos Staff. While the crypto industry has largely toned down its expectations around what can be accomplished with blockchains and decentralized finance, it was only a couple of years ago that multiple projects were suggesting that blockchains wouldn’t just help run smart ...
Dump it: Crypto markets lose $230B since Bogdanoff twins
Jan 6, 2022 · A crypto enthusiast pays homage to Grichka Bogdanoff. Like all great memes, it created comic conspiracy lore. Users captioned a series of Bogdanoff photographs, titling the collection “The Phone Call That Saved Europe.”. Humorous legends circulated that the Bogdanoffs, with a single phone call to their clandestine network of operatives, could influence the price of any asset in the world.
SBF’s lawyer says friendship with parents may not survive - Protos
5:24 PM • Dec 12, 2023. — FTX, Legal, Sam Bankman-Fried. — by Protos Staff. Law professor David Mills, who defended FTX’s Sam Bankman-Fried in his high-profile crypto fraud trial earlier this year, has claimed that his friendship with the disgraced former CEO’s parents may not survive the case. He has also suggested that Bankman-Fried ...
Former Crypto.com compliance officer charged with money …
Jul 8, 2024 · A former compliance officer at Crypto.com — registered in Malta as Foris Dax MT limited — has been charged with extortion and money laundering after he allegedly threatened to expose sensitive information while demanding compensation from the company. Thirty-three-year-old Jose Luis Alonso Melchor was arraigned by magistrate Nadia Vella in ...
Crypto.com fined $3M by Dutch Central Bank over ‘severe’ violations
Mar 13, 2024 · The Dutch Central Bank revealed today that it hit crypto exchange Crypto.com with a €2.85 million ($3.1 million) fine after failing to register for two years, breaking money laundering and terrorism financing laws. Crypto.com, registered as Foris DAX MT Limited, was fined by the Dutch Central Bank (DNB) on October 2, 2023, after it failed to ...
Supreme Court won’t stop sale of 69,370 Silk Road bitcoins
Oct 7, 2024 · Supreme Court won’t stop sale of 69,370 Silk Road bitcoins. 5:21 PM • Oct 07, 2024. — Bitcoin, Legal, Silk Road. — by Protos Staff. The nine-month US Supreme Court term began this month, and it’s already impacting the crypto industry. Today, in an announcement of the lawsuits that the justices have agreed to hear during this term, the ...
Justin Sun stored USDD reserves at HTX for proof-of-reserves
6:38 PM • Jan 11, 2024. — HTX, Justin Sun, USDD. — by Protos Staff. HTX, formerly Huobi, offers a ‘proof-of-reserves’ process meant to help assure users that it has the assets they need to be a solvent exchange. At one point, it even claimed that a third party would verify the proof-of-reserves process before eventually admitting ...
Book Review: The Network State by Balaji Srinivasan - Protos
Aug 9, 2022 · In Balaji Srinivasan’s 2022 book The Network State, this principle of democracy-as-exit becomes the basis of a new society rooted in the values of decentralized finance, cryptocurrency, and web3. Srinivasan is described as an “angel investor.”. He’s also the former chief technology officer for Coinbase and, since starting a biotech firm ...
TrueUSD attestations paused again, this time for improper ‘balances’
Jan 10, 2024 · TrueUSD, a dollar-pegged stablecoin connected to Justin Sun, has its real-time attestations from The Network Firm paused at press time, with the ‘balances’ Ripcord active.. The attestation system describes the ‘balances’ ripcord: “During the last reporting interval, the LedgerLens System received responses, errors, or non-responses from third-party systems or accounts resulting in ...