Author: dfmines

ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund.

Being a man of science who also loves his dogs and crypto, this was an opportunity I could not pass on. Like the title says, I "gave" each of my dogs $100 to invest in crypto and plan on giving them the rewards (probably in the form of special treats, food, toys) when they reach…
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An Ohio man will be getting 20 years in prison for carrying out a cryptocurrency scam. Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison. According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last week. A Cryptocurrency Scam Worth Of Millions Michael Ackerman planned and executed a cryptocurrency scam in 2017. This scheme promised to pay investors 15% on their investments every month. Even though the benefits were too dubious and impossible, many investors rushed in to utilize the opportunity. The scam was called the “Q3 Trading Club,” a fund that used investor’s money to make the supposed profits to be shared as returns. On September 8, 2021, a US attorney, Audrey Strauss from the New York Southern District, announced that Ackerman had pleaded guilty to the charges. According to Strauss, the man agreed to have caused the victims to lose above $30 million in cryptocurrency assets. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course In the announcement, the attorney stressed that Arkerman agreed to have used his fake crypto scheme to steal millions from investors with the promise of 15% monthly returns. In addition, Strauss also disclosed that Michael Ackerman used fake documents to deceive the investors. His balances showed more than $315 million in the fund. But the reality was just a little above $5 million from the DoJ’s discoveries. The attorney also revealed that Ackerman stole investors’ money amounting to $9 million just to continue his lavish lifestyle. The man spent a lot of money on vehicles, real estate, personal security, traveling, and jewelry. Michael Ackerman Agrees To Pay The announcement also stated that Michael Ackerman has pleaded guilty to wire fraud. He agreed to pay back $30 million and forfeit at least $36 million in real estate, jewelry, cash which he acquired fraudulently. As for now, the sentencing will take place on January 5th, 2022. The first charges came from the SEC in 2020. The crime was the violation of securities laws by Michael Ackerman. Related Reading | Bitfinex To Roll Out Security Token Offerings (STOs) Platform In Kazakhstan The reports then showed that he used a private group that he created on Facebook to target physicians. The group was called “Physicians Dad’s Group,” and the SEC discovered his fraudulent intent. Michael Ackerman has never worked as an institutional broker in the New York Stock Exchange. Instead, he was operating as one of three scammers, including James, a Wells Fargo financial advisor, and another member, a surgeon called Quan Tran. In 2020 April, the victims of the incident sued Fargo for not investigating its employee. Featured Image From Pixabay

Obviously every generation has its skeptics, but some are less understandable than others in my view. Gen Xers (people in their early 40s to mid-50s) are old enough to have grown up before the internet. In fact, many of us grew up as kids before it was common for people to have a computer in…
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Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be purchased using nine different coins thanks to a partnership with payment processor Paycek. Greyp Bikes Accepts Cryptocurrencies for Its Electric Bicycles Croatia’s Greyp Bikes, which […]

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I'm still a beginner in the Ethereum world and I'm wondering about Arbitrum vs MATIC. As I understand, the first is a real L2 and the second is a side-chain? Is that correct? People used to use MATIC for L2 with Ethereum, will now Arbitrum make MATIC obsolete? submitted by /u/Emotional-Fly5578 [link] …
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Reposting because the automod deleted it. Two data centers control 45% of the Solana network. This is very centralized. In order to run your own Solana node, you have to pay 5000$ minimum for the hardware, and you also need to pay 1.1 sol per day. This works out to 70,000$ per year. You also…
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The general consensus from this subreddit appears to be that ERG is one of the new favorites here. And for good reasons: Probably the most closest cryptocurrency to Cardano in terms of partnerships, ties and ideologies Ergo's core dev being Alex Chepurnoy (yes, THAT Alex Chepurnoy) It doesn't allow mining farms, limits PoW nodes Utilizes…
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