China Posted July 27, 2022 Share Posted July 27, 2022 22 hours ago, Cooked Crack said: He will claim it's the software industry, but drug discovery is definitely part of the pharmaceutical industry. It will be interesting to see if they challenge him on that considering his ban. Link to comment Share on other sites More sharing options...
China Posted August 1, 2022 Share Posted August 1, 2022 Bitcoiner to Conduct Robotic Search for 8,000 BTC Lost in Landfill James Howells, a Bitcoiner that mistakenly threw away a hard drive containing 8,000 Bitcoin units he mined back in 2009, has reportedly put up a highly specialised team to help dig up the landfill where the hard drive allegedly ended up. Since he realised the mistake, Howells has been petitioning the Newport City Council to let him dig up the hard drive from the landfill that is estimated to contain around 110,000 tons of garbage. The plan to excavate the garbage is billed to be backed by as much as $11 million in venture capital funding. The two investors that have promised the funds, including Hanspeter Jaberg and Karl Wendeborn, are not going to release it until Howells gets the City Council’s approval to dig up the site. "It's obviously a needle in the haystack, and it's a very, very high-risk investment," said Jaberg, and Howells confirmed that he has not signed any deal with the backers that can make anything binding yet. Howells has notably been on the neck of the City Council to dig the site, but his request has been met with a series of denials. The Council officials justify its stance on the premise that the excavation will pose ecological risks, a negativity Howells said he and his team would do their best to minimise. Click on the link for the full article What the article fails to mention is that 8,000 Bitcoin is currently worth about $184,000,000. Link to comment Share on other sites More sharing options...
China Posted August 3, 2022 Share Posted August 3, 2022 SEC: Crypto fraudsters raised $300M with “textbook pyramid and Ponzi scheme” The US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creating and promoting a crypto pyramid and Ponzi scheme known as "Forsage." The fraudulent scheme "raised more than $300 million from millions of retail investors worldwide, including in the United States," the SEC's announcement said. The SEC alleged that "in January 2020, Vladimir Okhotnikov, Jane Doe a/k/a Lola Ferrari, Mikhail Sergeev, and Sergey Maslakov launched Forsage.io, a website that allowed millions of retail investors to enter into transactions via smart contracts that operated on the Ethereum, Tron, and Binance blockchains." Forsage allegedly "operated as a pyramid scheme for more than two years, in which investors earned profits by recruiting others into the scheme." Forsage also "used assets from new investors to pay earlier investors in a typical Ponzi structure," the SEC said. The SEC filed a complaint in US District Court for the Northern District of Illinois against the four alleged co-founders and seven other people, accusing them of violating the registration and anti-fraud provisions of the federal securities laws. The complaint seeks permanent injunctions, disgorgement, and civil penalties. The four alleged co-founders are Russian, while the seven other defendants are from the US. Two of the US-based defendants have already agreed to settle the charges. "Fraudsters cannot circumvent the federal securities laws by focusing their schemes on smart contracts and blockchains," said Carolyn Welshhans, acting chief of the SEC's Crypto Assets and Cyber Unit. Click on the link for the full article 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted August 14, 2022 Share Posted August 14, 2022 Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted August 14, 2022 Share Posted August 14, 2022 Some people deserve the worst. Link to comment Share on other sites More sharing options...
Cooked Crack Posted August 18, 2022 Share Posted August 18, 2022 Dude's claiming he was hacked trying to torrent some porn 1 Link to comment Share on other sites More sharing options...
dfitzo53 Posted August 18, 2022 Share Posted August 18, 2022 (edited) In the quiet moments of his life where he has no choice but to be alone with his soul, I do wonder what it's like to be him. Like sometimes I think, could I do more as a dad? Am I good at my job or are people just blowing smoke? Am I generally doing right by the people around me? Martin Shkreli must ask himself, "Am I an irredeemable piece of ****? Have I ever done anything that was of value to anyone?" Edited August 18, 2022 by dfitzo53 Link to comment Share on other sites More sharing options...
Ball Security Posted August 18, 2022 Share Posted August 18, 2022 17 minutes ago, dfitzo53 said: In the quiet moments of his life where he has no choice but to be alone with his soul, I do wonder what it's like to be him. Like sometimes I think, could I do more as a dad? Am I good at my job or are people just blowing smoke? Am I generally doing right by the people around me? Martin Shkreli must ask himself, "Am I an irredeemable piece of ****? Have I ever done anything that was of value to anyone?" Narcissists who act the way he does are incapable of self-reflection. 2 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted August 20, 2022 Share Posted August 20, 2022 2 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted August 29, 2022 Share Posted August 29, 2022 3 Link to comment Share on other sites More sharing options...
Cooked Crack Posted August 31, 2022 Share Posted August 31, 2022 1 Link to comment Share on other sites More sharing options...
tshile Posted August 31, 2022 Share Posted August 31, 2022 😂 no big deal just taking a crash course in development 101 please invest in us again next time thanks ! Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 6, 2022 Share Posted September 6, 2022 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 6, 2022 Share Posted September 6, 2022 Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 8, 2022 Share Posted September 8, 2022 Link to comment Share on other sites More sharing options...
China Posted September 16, 2022 Share Posted September 16, 2022 The White House calls for more regulations as cryptocurrencies grow more popular President Biden's administration is pushing for more regulations on digital assets such as cryptocurrencies, and it's advocating for tougher oversight at a time when the popularity of virtual money continues to grow. In a series of new reports released Friday that lay out recommendations, the White House pointed to the volatility of virtual currencies and a recent slump that has led to trouble across the crypto landscape. "Digital assets pose meaningful risks for consumers, investors, and businesses," the Biden administration said, noting there are "frequent instances of operational failures, market manipulation, frauds, thefts, and scams." U.S. regulators, along with their global counterparts, have long been wary of cryptocurrencies, even as they have acknowledged the potential of virtual currencies, saying, "Digital assets present potential opportunities to reinforce U.S. leadership in the global financial system and remain at the technological frontier." This year, cryptocurrencies TerraUSD and Luna collapsed as part of a broader rout, and today, bitcoin's value is about a third of what it was last November. Among other directives, the new reports call on financial regulators to crack down on unlawful practices and to "address current and emergent risks." "The reports encourage regulators, as they deem appropriate, to scale up investigations into digital asset market misconduct, redouble their enforcement efforts, and strengthen interagency coordination," said national security adviser Jake Sullivan and Brian Deese, director of the National Economic Council, in a statement. At the same time, the administration has urged Congress to give regulators more concrete guidance. That is starting to happen. In June, Sen. Kirsten Gillibrand, D-N.Y., and Sen. Cynthia Lummis, R-Wyo., introduced a proposal to create a regulatory framework for digital assets. Click on the link for the full article Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted September 19, 2022 Share Posted September 19, 2022 Ouchie! Link to comment Share on other sites More sharing options...
abdcskins Posted September 19, 2022 Share Posted September 19, 2022 People thought the Ethereum merge was gonna send it to the moon 😄 Apparently not. Link to comment Share on other sites More sharing options...
tshile Posted September 19, 2022 Share Posted September 19, 2022 5 minutes ago, abdcskins said: People thought the Ethereum merge was gonna send it to the moon 😄 Apparently not. Well, how could it do that if the whole market is still floundering? Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 23, 2022 Share Posted September 23, 2022 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 28, 2022 Share Posted September 28, 2022 2 Link to comment Share on other sites More sharing options...
tshile Posted September 28, 2022 Share Posted September 28, 2022 Still don’t understand NFTs 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 3, 2022 Share Posted October 3, 2022 Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 8, 2022 Share Posted October 8, 2022 Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 12, 2022 Share Posted October 12, 2022 Link to comment Share on other sites More sharing options...
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