An up-and-coming Utah businessman was arrested Wednesday after authorities say he was involved in a scheme that used investor funds to purchase luxury vehicles and real estate.Braden John Karony, the 27-year-old CEO of cryptocurrency company SafeMoon, is charged with conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering conspiracy. He was taken into custody in Provo, according to the U.S. Attorney’s Office of Eastern New York.SafeMoon founder Kyle Nagy, 35, and chief technology officer Thomas Smith, 35, were also arrested and charged with the same three criminal counts. Smith was arrested in Bethlehem, New Hampshire, according…
Author: Web3 Daily Press Staff
Guest Author DeeStream (DST) multi-level pre-sale campaign gains new supporters in March Read U.TODAY on Google News Amidst the turbulence seen in the cryptocurrency market, particularly with notable assets like Chainlink (LINK), Polkadot (DOT), investor interest is swiftly shifting towards innovative projects. As concerns regarding security and decentralization continue to drive discussions within the crypto community, DeeStream (DST) emerges as a promising solution, offering a decentralized platform for online streaming. With traditional streaming platforms facing issues of censorship, high fees and centralization, DeeStream (DST) presents a compelling alternative, attracting attention from investors seeking opportunities in disruptive technologies.Supporters of DeeStream (DST) can take part in…
In a significant move for the gaming and blockchain industry, Ubisoft is teaming up with the Ethereum NFT card game Cross the Ages to introduce in-game cards inspired by its popular Watch Dogs series. This collaboration, revealed through a tweet and an announcement on Ubisoft’s official Discord server, is set to bring a new dimension to the Cross the Ages experience with the launch of Watch Dogs inspired cards on April 3. Ubisoft Ventures into Blockchain Ubisoft’s venture into the blockchain space underscores its commitment to exploring new technologies in gaming. Having already made waves with the release of Watch…
Cryptocurrencies have already become part of modern realities. The indisputable fact that there is still a lot of work to be done before they are fully adopted does not in the least prevent the sale of XMR to BTC. But progress does not stand still and something new is constantly appearing in the industry. For example, the idea of the Internet of Things (IoT) is to connect the objects around us into a global network using machine-to-machine (M2M) technology. This concept implies. that all household devices, life support systems and products equipped with radio frequency labels can be combined into…
The price of the original meme coin, Dogecoin, surged over 14% in the last 24 hours. The price of DOGE reached above $0.2, a rare event that happened in 2024, and has now fallen to $0.1815. The OG meme coin is up by 102% in the last seven days at press time, according to the latest data from CoinMarketCap. Software developers Billy Markus and Jackson Palmer created Dogecoin on December 6, 2013. The cryptocurrency features the Shiba Inu “doge” meme as its mascot. Dogecoin, which its creators originally intended to be a lighthearted cryptocurrency, has developed over the past ten years to…
BNB Chain, the leading community-driven blockchain ecosystem, has officially launched the second phase of its Total Value Locked (TVL) Incentive Program, targeting DeFi projects on the BNB Smart Chain (BSC). With a generous prize pool of up to $160,000 USD, the initiative seeks to reward projects demonstrating significant TVL growth, reinforcing BNB Chain’s commitment to fostering innovation within the Web3 space. Empowering DeFi Innovation The BNB Chain TVL Incentive Program is an initiative designed to stimulate growth and innovation among DeFi projects on the BSC. By offering financial incentives, the program aims to encourage developers to build and enhance their…
LootedLondon, UK, March 05, 2024 (GLOBE NEWSWIRE) — In a ground-breaking announcement that the Looted team has been teasing all week, it was formally announced that Chainlink is Looted’s partner. “We will have the opportunity to do some PR, some tweets and direct marketing with Chainlink. A connection was made between the teams way back in 2021, and while building games we were lucky enough to have assistance from some of the Chainlink team, forming the foundation to take things one step further” – @doxxed on Telegram, the Founder of Looted.Chainlink is widely recognized as the gold standard for decentralized oracle solutions,…
Cardano’s price hit a 2-year peak of $0.78 on Mar. 5, which saw ADA’s weekly timeframe gains exceed Solana’s performance. Cardano and other altcoins have been on a tear over the past week, while Bitcoin’s dominance (BTC.D) slipped into a downtrend. On-chain analysis examines how the rapid growth of Cardano’s defi ecosystem could help ADA prices capture more value in the coming days. ADA price has outperformed SOL in the past week Bitcoin has grabbed most of the media headlines in March 2024 so far. However, Bitcoin dominance over the past week highlights how investors have begun diversifying portfolios as…
Bitcoin Cash Crypto Airdrop: How To Claim Free BCH?The Bitcoin Cash Airdrop was a free distribution of BCH tokens to NFT and DeFi users. This event aimed to incentivize participation within the ecosystem.Bitcoin Cash’s airdrop on the blockchain created a buzz in the cryptocurrency community, spotlighting both the token and the platform. The distribution targeted active wallets, rewarding them with Bitcoin Cash tokens to boost engagement and network activity, known for its fast and low-cost transactions, became a suitable backdrop for such inventive crypto events.This airdrop also acted as a catalyst, leading to increased interactions with decentralized applications (dApps) and…
Justin Sullivan Binance (BNB-USD) said Tuesday that some users had temporarily experienced issues when trying to withdraw their digital tokens from the cryptocurrency exchange, citing a technical error. The withdrawal issue came just minutes before bitcoin (BTC-USD) touched a new record high for the first time since November 2021, as demand for the token continued to be fueled by excitement over spot bitcoin exchange-traded funds and the April halving event. “We’re aware of crypto withdrawal issues some users are experiencing due to a technical error,” Binance wrote in an X post at 9:28 a.m. ET, noting customer funds are safe.…