Ethereum News by Thebittimes.Com

The criminal trial of former SafeMoon CEO Braden John Karony started at a sprint today, moving swiftly from opening statements and testimony from a victim who lost $20,000, to a surprisingly early appearance from the prosecution’s star witness, Thomas “Papa” Smith. Papa, former CTO of SafeMoon, has pleaded guilty to the same money laundering, securities fraud, and wire fraud charges that Karony faces, and testified against his former gaming buddy in hopes of reducing his eventual sentence. Both the highs and lows of the day belonged to Nicholas Smith (no relation to Thomas), Karony’s relentless and combative defense attorney. Karony is alleged to have represented SafeMoon’s liquidity pool on the PancakeSwap DEX as “locked,” or impossible to withdraw — even as he was withdrawing millions of dollars. Nicholas Smith, who resembles a much smaller version of Saturday Night Live alum Chris Parnell, meticulously interrogated witnesses in pursuit of a clear agenda: demons...

According to Samson Mow, someone paid a senior Bitcoin developer to write the year’s most contentious code change request to eliminate OP_RETURN’s datacarrier limit from Bitcoin Core’s default mempool. Rather than the idea emerging organically from a grassroots discussion among Bitcoin community members, Mow claims that pull request (PR) 32359 was a corporate initiative from the start . During initial discussions on the Bitcoin-Dev Mailing List and GitHub, Chaincode Labs’ Antoine Poinsot and PR author Peter Todd expressed cultural and technical reasons for removing the “nudge of” OP_RETURN’s datacarrier limitation that had allegedly become “ineffective” at deterring non-financial, on-chain data storage.  Soon, Bitcoin developers chimed in with historical context on spam filters, convinced that the modification request was an authentic request to normalize the placement of non-financial data on Bitcoin blocks across OP_RETURN, witness, and other areas of transactions. E...

Shiba Inu’s price has mostly remained stagnant this year with little to no spurts in the charts. Its price is currently hovering around the $0.000012 mark and has been trading sideways for four months. The last SHIB rallied was on the heels of Trump’s inauguration, his election win, and the Bitcoin halving event. Apart from these three events, the dog-themed token has not delivered the desired results on its own. Also Read: Shiba Inu Rose 91,000,000% Last Bull Run: Can It Surge the Same Again? SHIB has mostly piggybacked itself from other leading financial developments offering no confidence and upward trajectory of its own. Therefore, investors now consider SHIB a risky bet as its price is dependent on other market factors. It has slim chances of heading north on its own strength and this makes it a token that is doubtful. In this article, we will highlight the major takeaways you need to know before investing in Shiba Inu. Also Read: Ripple: Forecast Suggests XRP Could Plu...

Carlos Dada, the director of El Faro, a newspaper in El Salvador that has published investigations into the Nayib Bukele administration, has claimed that it has “received reliable information that the Salvadoran Attorney General’s Office is preparing arrest warrants for El Faro journalists.” El Faro had recently published a new series of videos reiterating and expanding reporting on Bukele’s negotiations with Salvadoran gangs, something that Bukele has been denying for multiple years.  The United States Treasury had reinforced the accusations of Bukele’s administration negotiating with gangs when it sanctioned officials from Bukele’s administration, alleging that the administration “provided financial incentives to Salvadoran gangs MS-13 and 18th Street Gang (Barrio 18) to ensure that incidents of gang violence and the number of confirmed homicides remained low.” “We have received reliable information that the Salvadoran...

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Summary ⚈ Ripple unlocked 1B XRP in May, worth $2.2B, as part of its routine strategy. ⚈ XRP price remains steady amid SEC case, ETF hopes, and whale accumulation. ⚈ Short-term bearish signs, but long-term trend stays positive. Ripple has executed its routine monthly unlock of 1 billion XRP tokens from escrow for May, which could introduce fresh price swings for the cryptocurrency. On-chain data indicates that the unlock, involving XRP worth approximately $2.2 billion, occurred in three separate transactions on May 2.  Ripple first unlocked 200 million XRP ($440.52 million) at 22:28 UTC to its Ripple (26) address. A minute later, it released another 300 million XRP ($660.86 million) to the same address. At 22:31 UTC, 500 million XRP ($1.1 billion) was unlocked to a separate address, Ripple (27). Ripple’s 500 XRP transaction. Source: WhaleAlert Despite the large volume, Ripple’s monthly 1 billion XRP unlock is part of a long-standing, scheduled ...