TUNGKOL SA EPISODE NA ITO
01st May: Crypto & Coffee at 8
🚔 Bitcoin Jesus indicted 💰 BlackRock BUIDL — Largest tokenized Fund 🚨Coinbase integrates Lightning Network for BTC transactions ❌Wasabi Wallet and Phoenix no longer in USA 🔴 CZ 4 months prison
🚨 Bitcoin Jesus — Roger Ver arrested for alleged tax evasion and mail fraud in Spain. Roger Ver, also known as “Bitcoin Jesus,” has been arrested in Spain following charges of tax evasion by the U.S. Department of Justice. The indictment accuses Ver of evading nearly $50 million in taxes, engaging in mail fraud, and filing false tax returns. The U.S. Department of Justice announced Tuesday here https://lnkd.in/eYJS8HwM The United States will seek Ver’s extradition to stand trial in the United States. Check out Blockchain DXB podcast we share more information on this
💰 BlackRock’s BUIDL fund, now at $375 million, has become the largest tokenized treasury fund in just six weeks, surpassing Franklin Templeton’s BENJI. With Securitize’s support, BUIDL commands almost 30% of the $1.3 billion tokenized treasury market. Ondo Finance’s OUSG token played a significant role in BUIDL’s growth, contributing $50 million in inflows. Tokenization, particularly of U.S. Treasuries, offers benefits like faster settlements and increased transparency, driving market growth from $100 million to nearly $1.3 billion, largely due to BlackRock’s entry. via CoinDesk https://lnkd.in/eN35wS43
⚡ Coinbase now supports the Bitcoin Lightning Network, offering users faster and cheaper Bitcoin transfers compared to the Bitcoin blockchain. Users can choose between Lightning and the Bitcoin network for their transfers. With Lightning, the recipient generates a unique invoice containing the transfer amount, valid for 72 hours. It’s important to note that a new invoice must be generated for each transaction. Official info here https://lnkd.in/e_iN2Z6T
⚡ Coinbase chose Lightning payments solution provider Lightspark as a partner for the integration. That company is headed by former PayPal president David Marcus
🔴Wasabi Wallet and Phoenix- are no longer in the USA
- Wasabi Wallet and Phoenix have suspended their services for customers in the United States due to actions taken by U.S. authorities against similar cryptocurrency services. The companies have implemented measures to block U.S. IP addresses and remove their wallets from U.S. application stores to comply with potential regulations. The crackdown on cryptocurrency services has intensified following the arrest of individuals linked to the Samourai Wallet on charges of money laundering Info via Forkast.News https://lnkd.in/eMYK-2w9
🔴Former Binance CEO Changpeng Zhao has been sentenced to only four months in prison for money laundering violations. CZ may be the richest person to serve jail time with a worth of $37Billion
🟠 Two UAE news (See slides)
⚡ Liminal receives initial approval from VARA, SourceZawya
⚡ Saudi Arabia to use AI in its healthcare, Source Gulf News
For slides click here: https://tinyurl.com/a55usuck
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