XRP Holders Could Lose Millions Of Dollars In 10 Days, Here’s Why
XRP holders just got reminded that they may miss out on a major token giveaway if they do not act promptly. A reminder from the crypto community has made it clear that only a short time remains before the current claim window closes. If eligible holders fail to take part, they risk losing millions of dollars in value from the free distribution. The project team has stated that the claim process is open, but it will not remain so indefinitely. After the first phase concludes, fewer opportunities will be available, leaving many with limited or no options. Rick McCracken Warns XRP Holders Of....
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The MT Gox saga is quickly becoming a distant memory, but as a second creditors meeting nears, voices are being raised and calls for resignations are starting to be made as creditors begin to lose patience. At the heart of the mystery is the alleged disappearance of - initially - 850,000 bitcoins. In an intriguing twists of events, only 10 days after declaring bankruptcy, MT Gox mysteriously found 200,000 bitcoins in an old format wallet, still leaving a huge black whole of hundreds of millions of dollars in unaccounted bitcoins to the tune of 650,000. Even more mysteriously, approximately....
Martingale betting is a class of betting strategies that originated in 18th century France which can turn any game, whether blackjack, roulette or anything else, ideally something played in short, discrete rounds with a roughly 50-50 win/lose ratio, into one which gave the gambler an almost certain chance of success. The way the algorithm works is like this. Imagine that you are playing a simple slightly biased coin toss game where you can bet any amount of money and if you land heads (49% chance) you win and if you land tails (51% chance) you lose. First, you bet one dollar. If you win,....
Bill Starkov, the founder of Apocalyptic Apes, said that holders can earn a lot of money by licensing their nonfungible tokens. While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop. In a Cointelegraph interview, Bill Starkov, the founder of Apocalyptic Apes and a Bored Ape Yacht Club (BAYC) member, talked about how NFT holders can license the intellectual property (IP) rights of the tokens. Citing BAYC as an example, Starkov noted that....
A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion The U.S. Department of Justice (DOJ) announced this week that a “cryptocurrency founder” was arrested Thursday and charged with a “multimillion-dollar tax evasion scheme.” The indictment against Amir Bruno Elmaani was unsealed Thursday in Manhattan federal court. In addition,....
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds.
Finland Selects Brokers to Sell $75 Million of Confiscated Crypto
Authorities in Helsinki have recently chosen two brokers to organize the sale of over €71 million ($75 million) worth of bitcoin (BTC) in the coming weeks. The country owns the coins that have been sized....