Larry Dean Harmon, the Helix and Coin Ninja crypto-tumbling chief who in February was arrested for allegedly mixing bitcoin for criminals must pay $60 million in civil penalties, prosecutors at the Financial Crimes Enforcement Network (FinCEN) demanded Monday. Source link
Coin
11 posts
Netizens are side-eyeing the White House Gift Shop and claim that the store may be tempting fate with the presale of a “President Donald J. Trump Defeats COVID” coin. Although US President Donald Trump and several of his closest staffers continue to receive treatment for their positive COVID-19 diagnoses, the White House Gift Shop is not missing a beat to capitalize on what it envisions will be a “moment in history.” While the store is happy to accept online patrons’ $100 orders, there is no preview image of the coin, which will reportedly ship on November 14, well after the US […]
A bunch of my friends from high school back in Kansas were getting together for a birthday at a hometown bar a little while back and I, now a New Yorker, couldn’t be there. So I told one of my buddies to buy everyone a round and Venmo me for whatever it cost. His response: “What’s Venmo?” It was one of about a billion times life has told me that you can’t go home again, but this story would come as no surprise to Lana Swartz, a media studies professor at the University of Virginia. She’s the author of the book […]
Call it a “gentlecoin,” perhaps? A new decentralized finance (DeFi) project aimed at softening volatility has closed a $1.68 million seed round led by Paradigm, with participation from Standard Crypto, Compound founder Robert Leshner and Variant Fund, from a16z alum Jesse Walden. Reflexer Labs is building a new asset called rai (RAI) that’s meant to follow the price movements of ether (ETH) but more gradually. “I think RAI will be extremely useful for protocols. A form of collateral that will help users not get liquidated that much,” Stefan Ionescu, the project’s CEO, told CoinDesk in a phone call. Or, as Paradigm […]
Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
VenezolanosConBiden And MAGAzuela: Two Sides Of The Same Coin By Leonardo Flores, Popular Resistance. July 10, 2020 VenezolanosConBiden And MAGAzuela: Two Sides Of The Same Coin2020-07-102020-07-10https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/07/biden-maduro-e1594409556803.jpg200px200px Above photo: A January 2015 meeting between Venezuelan President Nicolás Maduro and Vice President Biden – unlikely to be repeated if Biden wins the presidency. AP. The Biden campaign held an online event on Wednesday, July 8 pitched as the former Vice President’s “vision for Venezuela and Venezuelans in the U.S.” Spoiler alert: his vision for Venezuela barely differs from President Trump. This event, which didn’t merit an appearance from Biden himself, was aimed at getting […]
Chicago based firm Ceres wants to build a “seed to sale” transaction network for cannabis on the blockchain using its dollar-backed stablecoin – if the digital security is approved for sale by the U.S. Securities and Exchange Commission (SEC). Launched in 2017 by West Point graduates and former U.S. soldiers Greg Anderson and Charlie Uchill, Ceres recently filed paperwork with the SEC to conduct a Reg. A sale, seeking permission to sell both a token and a coin. The token would represent an equity holding in the company, but the firm plans to use the coins as an actual transaction tool […]
The digital advertising token briefly became bigger than ether in the decentralized finance space, thanks to popular lending protocol Compound. Source link
Want to bet the price of ether (ETH) is rising relative to the price of bitcoin (BTC)? There’s now a token for precisely that. On Tuesday night, the UMA Project community approved contracts that allowed creating its first token: ETHBTC. This is a synthetic token whose value tracks the relative value of ETH to BTC, so if ETH is worth $200 and BTC is worth $10,000, an ETHBTC should be worth $0.02. The intriguing thing about ETHBTC, though? No ETH or BTC is needed to make it. This will be the first deployment of what UMA, a decentralized finance (DeFi) project, […]
Despite launching with considerable fanfare in early 2019, grin, the first cryptocurrency to test privacy protocol MimbleWimble, is showing no signs of life. At its launch, professional investors poured funding — by some estimates, $100 million — into mining the cryptocurrency, with some even calling it a sort of “Bitcoin 2.0”. Privacy without sacrificing scalability is the primary advantage of MimbleWimble, according to grin developers. The first grin coins were also issued via a so-called “fair launch” whereby, similar to bitcoin, all coins are minted by miners instead of being generated prior to the network going live. See also: Electric Coin […]
Racial Health And Economic Disparities Are Two Sides Of The Same Coin By Dedrick Asante-Muhammad and Sally Sim, Inequality. May 17, 2020 Racial Health And Economic Disparities Are Two Sides Of The Same Coin2020-05-172020-05-17https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/food-e1589728661339.jpg200px200px Above photo: Paul W. Gillespie/Capital Gazette. Covid-19 continues to aggravate deeply embedded inequalities. We need bold policy solutions aimed at bridging the racial wealth divide now more than ever. In Baltimore, like in the rest of the United States, Covid-19 exacerbates racial inequality and economic marginalization. The legacy of discrimination and the continued corruption and disenfranchisement take shape in the city’s biggest issues – homelessness, food insecurity, crime, poverty, and […]