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Paulus Tannos Fugitive KPK Arrested By Singaporean Authorities At Changi Airport
JAKARTA - Singapore's security authorities have arrested a fugitive from the Corruption Eradication Commission (KPK), Paulus Tannos. The suspect in alleged corruption in the procurement of electronic identity cards (e-KTP) is at Changi International Airport in Singapore. "(Arrested, red) in Changi," said a VOI source when confirmed, Friday, January 24. This source said Paul had just traveled from abroad. However, it has not been informed when the arrest process will be carried out.
Paulus Tannos Arrested By Singaporean Authorities, KPK Coordinates For Extradition
JAKARTA - The Corruption Eradication Commission (KPK) continues to coordinate so that Paulus Tannos can be extradited immediately. The fugitive in the corruption case in the procurement of the electronic identity card project (e-KTP) was arrested by Singapore's security authorities.
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Bitcoin Touches $63K As Meme Coins Continue To Soar After several days of disappointing price movements, bulls seem to be making a comeback. The cryptocurrency market experienced an increase of nearly $70 billion in total capitalization over the last 24 hours. This surge coincided with Bitcoin (BTC) showing a significant recovery, rising to $63,000.    Bitcoin Recovers Just a few days prior, Bitcoin had fallen below $60,000, briefly dipping under $59,000.
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Former Crypto CEO On The Run As Authorities Issue Arrest Warrant A man under home detention for his alleged role in a $180 million cryptocurrency fraud scheme is reportedly evading capture after tampering with his ankle monitor, according to New York prosecutors.
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David Lim Joins Libra Capital To Spearhead Investments And Deal Sourcing In Web3 Ventures Singapore, October 10, 2024 Libra Capital is pleased to announce the addition of David Lim, a seasoned professional with over two decades of investment banking, hospitality, and IT experience.  This strategic addition enhances the capabilities of the firm when it comes to delivering value to its current portfolio and investors while simultaneously expanding its reach in the Real World Assets (RWA)...
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Tether CEO Initiates Transparency Campaign And Wants Big Four Audit Tether has consistently faced scrutiny regarding the transparency of its reserves. While the company claims that its USDT token is fully backed on a one-to-one basis by its reserves, it has not yet completed a full audit, leaving lingering doubts. In an effort to improve the situation, Tether CEO Paolo Ardoino expressed a willingness to pursue an audit by a Big Four firm.
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FBI Ensnares Cryptocurrency Scammers Via NexFundAI A covert operation is typical for the U.S. Federal Bureau of Investigation (FBI). However, this marks the first effort by the agency to create its own crypto token aimed at achieving justice. On Wednesday, an unsealed indictment charged Gotbit, CLS Global, MyTrade, ZM Quant, and 18 individuals with artificially raising token prices through fake transactions in exchange for payment.
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Optimism Allocates Over 10 Million Tokens To Users In Fifth Airdrop Layer 2 network Optimism has launched its fifth airdrop, distributing 10.3 million OP tokens (valued at approximately $16 million) to 54,700 user addresses. This airdrop specifically recognized users engaging with Superchain, a network of blockchains built with the OP Stack.
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Hex Trust Will Work Alongside Clearpool To Launch Ozean Blockchain Hex Trust, headquartered in Hong Kong, has announced a partnership with the DeFi credit protocol Clearpool via X. They also shared this news in a blog post on October 8th. Ozean, a platform focused on real-world asset (RWA) yields, claims to operate using the CPOOL token and is backed by Optimism.
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Investment In Spot Ethereum ETFs Reaches All Time Low Institutional investments in Ethereum (ETH) through ETFs hit a significant but disappointing milestone yesterday, as no net new US dollars were added to spot Ether ETFs throughout the day on Wall Street. In related news, according to a recent report by on-chain analyst EmberCN, a sharp decline in ETH prices triggered a wave of liquidations among leveraged ETH whales.
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New FTX Bankruptcy Plan Ensures Full Repayment With Interest A Delaware judge has finally approved the FTX bankruptcy plan, allowing for cash repayments to customers along with interest, marking a crucial step in addressing the ongoing financial challenges for the now defunct crypto exchange.
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Web3 Fundraising Deals - 1st To 7th October 2024 Sophon Labs raised an undisclosed amount with assistance by Binance Labs. Sophon is a platform which focuses on providing consumers with an engaging and culturally rich ecosystem of diverse yet practical applications.     Pallete secured an undisclosed amount in M&A funding with help being provided by Aptos Foundation.
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SHIB Developer Believes UAE Will Become The Crypto Capital Of The World Shytoshi Kusama, the enigmatic lead developer of the Shiba Inu (SHIB) ecosystem, commended the UAE government for its decision to exempt cryptocurrency transactions when it comes to value-added tax (VAT). In related news, Chainalysis previously announced that they would enlist UAE-based skilled professionals with expertise in traditional finance, regulatory compliance, and Web3 technologies to operate out of its Dubai base.
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Crypto Analyst Promotes Meme Coin While Remaining Bullish On BTC A well-known crypto analyst has exciting news for investors, as he believes a specific meme asset that has skyrocketed 300x in under a year is poised to kick off another substantial rally. As is the case with all cryptocurrencies though, particularly, meme coins, it is imperative to conduct your own research beforehand.
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Ubisoft Announces Plans For New Ethereum Game NFT Mint Ubisoft plans to introduce a collection of 10,000 NFTs on the Ethereum scaling network Arbitrum in the upcoming weeks, utilizing the Magic Eden marketplace.
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New HBO Documentary To Shed Light On Satoshi Nakamoto As per Politico, HBO and filmmaker Cullen Hoback have announced a new film titled Money Electric: The Bitcoin Mystery, set to unveil fresh evidence regarding the identity of the creator of Bitcoin, Satoshi Nakamoto. The documentary, scheduled to air on October 8th at 09:00 PM EST, has generated significant anticipation as it aims to shed light on the enigmatic figure behind the Nakamoto pseudonym, which has remained a mystery since 2009.
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Crypto Drought Causes Uptober Mentions To Plunge On Social Media Bullish sentiment surrounding cryptocurrency for October, often referred to as Uptober on social media, has been diminishing as markets continue to decline. Onchain analytics firm Santiment observed a significant drop in mentions of Uptober since the month&39s onset, according to an X post on October 4th. They noted that traders have grown pessimistic about the notion of this month being an automatic money printer for crypto.
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Edward Snowden Criticizes Solana And Its Highly Centralized Approach In 2013, Edward Snowden disrupted beliefs about online privacy by revealing a worldwide surveillance operation aimed at citizens. Despite facing significant personal consequences, his disclosures reinforced his role as a dedicated champion for privacy rights.
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Nationwide Outage Causes Disruption To Thousands Of Bank Of America Customers Tens of thousands of Bank of America customers have reported a network outage that is hindering access to their bank accounts and displaying a $0 balance. Issues with the service began surfacing around 4:26 PM UTC on October 2nd, peaking roughly an hour later when nearly 18,000 customers reported problems within a 15-minute window, according to real-time outage monitoring platform Downdetector.
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China May Rethink Crypto Ban If Donald Trump Wins Election A former Chinese finance official is urging the government to reconsider its stringent cryptocurrency ban, especially as the U.S. adopts more favorable policies toward digital assets. Zhu Guangyao, a former senior finance official, highlighted the significance of digital currencies for the Chinese digital economy during a recent forum in Beijing, as reported by the South China Morning Post.
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BONK Continues To Impress As Meme Coin Market Soars $BONK is making waves in the crypto market, boasting an impressive 27.8% surge in just a week. This notable rise reflects a strong upward trend, capturing the attention of investors eager to see how far this meme coin can climb. This recent rally is also fueled by a spike in trading activity, prompting speculation about even greater gains on the horizon.
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Stringent Regulations Lead To Gemini Shutting Down Canadian Customer Accounts Gemini, the crypto exchange founded by the Winklevoss twins, plans to shut down all customer accounts in Canada by the end of 2024. In an email sent to Canadian users on September 30th, Gemini announced that all accounts would be closed by December 31st, urging users to withdraw their assets within 90 days.
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Trouble In Paradise As Another Developer Leaves Cardano Vladimir Kalnitsky, a prominent developer involved with the cardano-transaction-lib (CTL), recently announced that he will be leaving the project, further highlighting significant exits within the Cardano ecosystem. This raises concerns about the ability of the platform to attract and retain talent in the rapidly evolving blockchain landscape.
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Binance Founder Reaffirms Crypto And Blockchain Support After Serving Sentence Changpeng Zhao (CZ), the founder and former CEO of Binance, the largest cryptocurrency exchange in the world, recently shared his thoughts and future plans after completing a four-month prison sentence.
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Web3 Fundraising Deals - 24th To 30th September 2024 RD Technologies raised $7.80M in Pre-Series A funding with help by Solana Foundation. RD Technologies is a fintech company focused on facilitating payments and commerce with trust, stability, and efficiency.     Nodepay obtained an undisclosed amount with assistance by Animoca Brands. Nodepay is the network infrastructure that provides decentralized bandwidth for AI training.
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Japan Gets New Prime Minister As Crypto Community Remains Concerned As of September 27th, 2024, Shigeru Ishiba, a member of the Liberal Democratic Party, has been elected as the next Japanese Prime Minister. However, his previous role as defense minister and his preference for higher taxes and increased money supply may pose challenges for cryptocurrency supporters in the nation.
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BTC Touches $66K As International Tensions Continue To Escalate Bitcoin (BTC) responded positively to the recent US inflation report, rising above $66,500 for the first time in nearly two months before experiencing a slight pullback. In addition, several altcoins have seen significant gains recently, particularly within the meme coin sector.
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Bybit Acquires Full Cryptocurrency License In Kazakhstan The Kazakhstan Astana Financial Service Authority (AFSA) has issued a full license to crypto exchange Bybit, allowing it to operate within the country. This decision came shortly after AFSA provided the exchange with consent to full authorization on September 6th, positioning it as the first regulated Digital Asset Trading Facility (DATF) in the country.
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Solana Dominates All Other Chains Via Highest Daily Net Flows As of September 26th, Solana leads in positive net flows, surpassing all other chains with a total of $1.0 billion over the past three months. It recorded the third-highest inflow at $1.5 billion and the seventh-highest outflow at $458.5 million, resulting in an overall positive net flow.
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MiCA Targets Tether As Revolut And Robinhood Aim To Capitalize Robinhood and Revolut are reportedly exploring the possibility of entering the stablecoin market, aiming to challenge significant dominance held by Tether. Thus far, neither company has made any formal announcements, and no representatives have commented publicly. The timing seems advantageous, as Robinhood and Revolut are not the only notable firms investigating stablecoins.
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Visa Introduces New Platform For Testing Tokenized Assets And Smart Contracts Visa has officially launched a new platform designed to help financial institutions issue fiat-backed tokens and explore their applications. This initiative aims to establish global standards that enhance collaboration among financial entities in the blockchain space.
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Crackdown Initiated On Illegal Cryptocurrency Mines In Dagestan Authorities in Dagestan, a republic of Russia, are stepping up efforts to eliminate illegal underground cryptocurrency mining operations, attributing regional power outages and electricity theft to these activities. Amid ongoing electricity shortages, local officials are urging law enforcement to increase actions against these covert setups.
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Many Heavily Criticize Gary Gensler Ahead Of Congressional Hearing U.S. Congressman Tom Emmer has directly criticized SEC Chair Gary Gensler, calling him the most destructive and lawless chair in the history of the regulatory agency. As the upcoming Presidential Election looms, Kamala Harris insists on keeping Gensler where he is whereas Donald Trump has explicitly stated he plans to fire Gensler immediately if he wins.
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Riot Platforms Ends Takeover Bid As Staking Settlement Reached Riot Platforms has ended its attempt to acquire Bitfarms, settling instead for a 19.9% ownership stake as both companies redirect their focus to their own strategies following the agreement. This settlement, announced on September 23rd, 2024, means Riot will not pursue an immediate acquisition.   The Calm Before The Storm As part of the deal, Riot has retracted its request for a special meeting of Bitfarms shareholders.
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Investors Are Looking At These Three Meme Coins For October As October approaches, often dubbed Uptober in the cryptocurrency community, investor enthusiasm is palpable, particularly regarding the meme coin market. Three lesser-known contenders are capturing attention for their potential to rise significantly, Pepe Unchained (PEPU), Catizen (CATI), and DOGS (DOGS).
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Everything You Need To Know About Caroline Ellison And Her Sentencing Caroline Ellison has often played a supporting role in both business and her personal life. About three years ago, the talented mathematician became co-CEO of the crypto trading firm Alameda Research, sharing the position with Sam Trabucco before eventually taking over completely.
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Web3 Fundraising Deals - 17th To 23rd September, 2024 Zulu Network raised an undisclosed amount in Seed funding with help by Draper Dragon. Zulu Network is a Bitcoin Layer 2 solution, introducing a two-layer architecture aimed at enhancing the capabilities of the Bitcoin Network.     Chaos Labs secured $4M in Undisclosed funding with assistance by PayPal Ventures. Chaos Labs is a platform that focuses on providing advanced risk management solutions for DeFi protocols.
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Major Updates Revealed At Solana Breakpoint Day One Solana Breakpoint Day One kicked off with multiple significant announcements, including Firedancer, key updates by Jupiter, and Franklin Templeton revealing plans for a mutual fund on Solana. Day Two maintained the excitement with more major developments.   Key Details Coinbase announced it will launch its wrapped Bitcoin version, cbBTC, on Solana. This addition aims to enhance liquidity and capital efficiency across DeFi applications.
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Kamala Harris Changes Stance On Crypto Ahead Of Upcoming Election Vice President Kamala Harris, who will compete against Donald Trump in the upcoming November election, expressed her support for emerging technologies like AI and cryptocurrency during a campaign fundraiser on September 22nd. Harris had previously been very much against promoting cryptocurrencies, but has apparently changed her mind since crypto has become such a prominent topic among US citizens.
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Bitcoin Falls Below $63K Despite The Fed Cutting Interest Rates The crypto markets had a solid week, but pullbacks are now visible across the charts. On a daily basis, altcoins are also showing losses, with the largest corrections affecting TON, AVAX, and NEAR among the major cryptocurrencies.   Just A Taste After the Fed finally decided to cut interest rates, Bitcoin peaked at $64,000 but has since fallen by about $1,000, currently trading around $63,000.
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Shiba Inu Community Gets Targeted By Hackers Using Clipper Malware A growing Clipper Malware scam is specifically targeting the Shiba Inu (SHIB) community, intercepting cryptocurrency transactions and posing a serious risk to users. Given the rise in these kinds of threats, it is essential for users to remain vigilant, verify addresses, and utilize secure platforms to safeguard their funds against Clipper Malware and similar scams.
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Illegal Operations Lead To 47 German Crypto Exchanges Being Raided German law enforcement has acted against 47 cryptocurrency exchange services operating in the country, citing their role in facilitating criminal activities. The Bundeskriminalamt (BKA), which is the main criminal investigation agency in Germany, announced this crackdown in a recent press release. Previously, German legislator Joana Cotar led an effort to designate Bitcoin (BTC) as an official currency in the country.
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Court Dismisses ConsenSys Lawsuit Against The US SEC In April 2023, ConsenSys filed a lawsuit against the United States SEC, alleging that the agency was investigating Ethereum and had issued a Wells Notice regarding potential enforcement actions tied to swap and staking features provided by MetaMask. On September 19th, 2024, Judge Reed dismissed claims made by ConsenSys regarding MetaMask, stating that enforcement actions do not constitute final agency actions.
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Donald Trump Makes History By Becoming First US President To Use BTC Publicly Former United States President Donald Trump made an unanticipated visit to Pubkey Bar earlier this week, ahead of his rally on Long Island, where he treated fans to burgers. Pubkey, a Bitcoin-themed establishment located in Greenwich Village, New York, witnessed a notable moment as Trump paid for the burgers using BTC, marking his first public use of cryptocurrency.
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US Federal Reserve Finally Decides To Lower Interest Rates The much-anticipated day has finally come, as the United States Federal Reserve has revealed its decision to lower interest rates, which carries significant consequences for Bitcoin (BTC) and the wider cryptocurrency market. Following this announcement, the markets experienced notable fluctuations.
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Best Content Creator Award Given To Allegedly Fraudulent Crypto Influencer A popular crypto influencer has not yet addressed allegations of using bots to manipulate his social media metrics and influence, which surfaced shortly after he received a best content creator award at a recent crypto-oriented event. ZachXBT accused the influencer, who is called Professor Crypto, of employing thousands of bots to mislead people.
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Worldcoin Officially Expands To Solana Via World IDs Worldcoin World IDs are now compatible with Solana (SOL), thanks to the interoperability protocol Wormhole, which is facilitating the transition by transferring World ID data snapshots (which include essential details such as account balances) to Solana via Ethereum (ETH). Worldcoin, a project initiated by Tools for Humanity (TFH) and co-founded by OpenAI CEO Sam Altman, is known for its unique approach to identity verification.
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Unregistered NFT Offering Costs Flyfish Club $750K The United States Securities and Exchange Commission (SEC) has reached an agreement with Flyfish Club, the entity behind a prominent NFT-based restaurant membership initiative. Under the settlement, Flyfish is required to pay $750,000 in civil penalties due to allegations of conducting an unregistered crypto asset securities offering.
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USDC Issuer Called Out For Slow Response To Lazarus Group Fund Freeze Circle is facing criticism for delaying the freeze of nearly $5 million linked to Lazarus Group, a North Korean group known for major cryptocurrency hacks. Many stablecoin issuers, including Circle, have been scrutinized after funds tied to the Lazarus Group were not promptly frozen, drawing significant backlash.
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Flappy Bird May Be Revived In Web3 Format Despite Original Creator Not Being Involved The creator of the short-lived mobile game Flappy Bird is reportedly not involved with a group claiming to revive the game after a decade. Dong Nguyen took to X on September 15th, rejecting any association with the planned re-release and expressing his disapproval of cryptocurrency.
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