African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme

Południowoafrykański deweloper, New Age Properties, twierdzi, że nawiązał współpracę z Sun Exchange, internetową platformą leasingową, w ramach działań mających na celu dostarczenie taniej i czystej energii osobom o niskich dochodach.

Bitcoin za ogniwa słoneczne

Zgodnie z ustaleniami roboczymi obu firm, Sun Exchange, która akceptuje również płatności w formie Bitcoin Trader, umożliwi nabywcom ogniw słonecznych dzierżawę energii elektrycznej do Watergate Estate, jednego z pierwszych w RPA tanich projektów mieszkaniowych dla zamkniętych społeczności.

W międzyczasie, lokalny raport prasowy wyjaśnia, że zawarcie tego partnerstwa będzie stanowić kamień milowy dla południowoafrykańskiego dewelopera, Anvera Essopa. Oprócz spełnienia jego pragnienia, aby przynieść do „zielonych, bezpiecznych i tanich domów w całej Afryce Południowej“, umowa z Sun Exchange również pomaga Essop zrealizować swój cel, aby przynieść udogodnienia lub korzyści związane z RPA zamożnych gated communities do osób o niskich dochodach.

„Pomyśleliśmy, dlaczego nie dać ludziom ten sam produkt, który budujemy w bogatszych obszarach i podnieść je do poprawy ich własnego życia“, wyjaśnił Essop.

Według raportu, ogniwa Sun Exchange można kupić za gotówkę lub bitcoin za 6 dolarów (90 randów) każdy. Właściciele mogą następnie „wydzierżawić wytworzoną energię elektryczną firmie Watergate po wcześniej ustalonej cenie, oszczędzając im prawie 40% kosztów energii elektrycznej w ciągu 20 lat.“ Po osiągnięciu tego punktu, projekt zostanie zlikwidowany lub Watergate będzie miał opcję zakupu systemu energii słonecznej na własność.

Wykorzystanie kryptowalut do kompensacji śladu węglowego

W międzyczasie raport cytuje również założyciela Sun Exchange, Abe’a Cambridge’a, który wyjaśnia, w jaki sposób internetowa platforma leasingowa wykorzystuje bitcoin do zasilania czystej energii. Cambridge powiedział:

Łącząc kryptowalutę i energię, kończysz z kimś, kto siedzi w Londynie, uzyskując dochód ze sprzedaży zielonej energii tam, gdzie jest ona potrzebna i równoważąc swój ślad węglowy.

Założyciel rynku online ujawnia również, że „około 470 osób na całym świecie kupiło ogniwa słoneczne dla Watergate, a spośród 39 projektów Sun Exchange uruchomionych do tej pory, jest to pierwszy wykorzystywany do zasilania przystępnych cenowo mieszkań.“

Podczas gdy energia produkowana przez ogniwa będzie początkowo podłączona do sieci krajowej, Cambridge powiedział, że „ma nadzieję dodać baterię, która może przechowywać energię słoneczną, aby chronić mieszkańców przed przerwami w dostawie prądu.“

Tymczasem raport stwierdza, że Sun Exchange ma plany ekspansji na inne części Afryki Południowej poprzez „partnerstwo ogłoszone w zeszłym roku z jednym z największych producentów owoców i tytoniu w Zimbabwe, Nhimbe Fresh.“ Istnieją również plany, aby rynek online stał się globalną platformą w Ameryce Łacińskiej i Azji Południowo-Wschodniej, gdzie występują podobne wyzwania energetyczne są doświadczane.

Alla fine, contano anche gli NFT? Il rapper dei Linkin Park si unisce alla celebrità NFT mania

Mike Shinoda, il musicista e co-fondatore della band rap-rock Linkin Park, ha lanciato ieri sera un’asta su Rarible per „Zora“, una clip musicale nonfungible token (NFT) da una canzone in uscita. In tal modo, Shinoda si unisce a una folla sempre crescente di celebrità e influencer che stanno immergendo i loro piedi nella tecnologia NFT e portando con sé le loro considerevoli basi di fan.

La scorsa notte Shinoda ha rivelato il calo con un breve Tweet:

In un thread successivo, Shinoda ha descritto l’asta come un „esperimento“ e sembrava essere rimasto colpito dalla proposta di valore di scarsità e proprietà dimostrabili:

“Ecco la cosa folle. Anche se carichi la versione completa della canzone contenuta su DSP in tutto il mondo (cosa che posso ancora fare), non mi avvicinerei mai nemmeno a $ 10.000, dopo le commissioni di DSP, etichetta, marketing, ecc. “

Ha concluso il thread con un collegamento a una „guida per principianti“ che spiega gli NFT, invitando i suoi seguaci a saperne di più.

Più celebrità che una rivista di gossip

Shinoda non è l’unica celebrità che ha giocato con gli NFT.

Ieri, lo YouTuber Logan Paul ha rilasciato un set di 44 NFT in stile pokemon per promuovere il suo prossimo incontro di boxe delle celebrità. Allo stesso modo, l’investitore miliardario Mark Cuban ha rilasciato alcune animazioni tiepide su Rarible, e oggi sta rilasciando un altro set in cui gli acquirenti possono richiedere video personalizzati dall’host di Shark Tank.

Il co-fondatore di Polyient Games Craig Russo afferma che l’attività delle celebrità è un sottoprodotto inevitabile di un mercato toro selvaggio che supera lo spazio NFT, ma anche un adattamento naturale del mercato del prodotto che collega meglio individui famosi alle loro comunità:

„Dopo un periodo relativamente lento negli ultimi mesi, il mercato NFT si sta di nuovo riscaldando“, ha detto Russo. „Dato che gli attuali casi d’uso per le NFT sono accessibili e di natura molto sociale, stiamo iniziando a vedere un afflusso di interesse mainstream. Alla fine questo ha portato alcune celebrità importanti a entrare nello spazio „.

Celebrità famose … e anche alcune meno importanti. A completare i grandi nomi che cercano di impegnare alcuni gettoni c’è la meraviglia one-hit Soulja Boy, che ha venduto oggetti da collezione su Rarible durante l’ultima settimana. Attualmente ha 30 ETH di animazioni in vendita e sta sperimentando altre piattaforme di contenuti non blockchain, avendo recentemente creato un account OnlyFans.

Aktive Bitcoin-adresser rammer ny all-time high

Antallet af aktive adresser på Bitcoin-netværket har nået et nyt rekordhøjt niveau over 22,3 millioner sidste måned. Prisen på kryptokurrency er steget til en ny heltidshøjde i samme periode.

Da BTC’s pris ramte en daværende rekord høj nær $ 20.000

Ifølge data fra on-chain analysefirmaet Glassnode var flagskibets kryptokurrency aktive adressetal i sidste måned på et nyt rekordhøjt niveau og overgik den tidligere rekord på 21,8 millioner aktive adresser set i december 2017, da BTC’s pris ramte en daværende rekord høj nær $ 20.000.

#Bitcoin netværksaktivitet på ATH.

I januar var mere end 22,3 millioner unikke adresser aktive i netværket, der sendte eller modtog $ BTC – det højeste månedlige antal i Bitcoins historie til dato 📈

Virksomhedens data viser, at oprettelsen af ​​nye unikke adresser på netværket toppede i begyndelsen af ​​januar, hvor 682.000 adresser blev oprettet den 7. januar. Tallet er over en tidligere rekord på 655.000 adresser den 17. december 2020.

Det er værd at bemærke, at aktive adresser på Bitcoin-netværket ikke nødvendigvis betyder aktive brugere. Enhver kan oprette en ny bitcoin-adresse gratis og med meget lidt indsats, og som sådan kan en bruger have hundreder eller endda tusinder af adresser. Hvor mange mennesker der aktivt bruger BTC, er ukendt.

Prisen på bitcoin steg i sidste måned

Prisen på bitcoin steg i sidste måned, da institutionelle investorer og virksomheder har vedtaget kryptovalutaen i et forsøg på at sikre sig mod inflation og forringelse af valuta. Glassnode, rapporterer Finance Magnates, meddelte, at levering af BTC, der er gemt på børser, har nået sit laveste niveau i mere end to år.

Dette tyder på, at en udbudsklemme snart kan ske, da udbuddet har været nedadgående, mens efterspørgslen fortsætter med at stige. Efter halveringen, som reducerede blokbelønninger fra 12,5 BTC til 6,25 BTC, antages det, at minearbejdere ikke udvinder nok mønter til at holde trit med den institutionelle efterspørgsel.

CryptoQuant CEO Ki Young Ju har adskillige gange peget på massive BTC-udstrømninger fra Coinbase, der antyder, at institutionelle investorer opbevarer deres nyligt købte mønter i kolde tegnebøger efter at have købt dem i over-the-counter-tilbud.

Instytucjonalni inwestorzy kupili 2,8 miliarda dolarów

Instytucjonalni inwestorzy kupili 2,8 miliarda dolarów w Bitcoin w skali szarości w czwartym kwartale 2020 roku

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Prawie 60% rocznych wpływów Grayscale przypada na ostatni kwartał, a Bitcoin Trust zgromadził najwięcej wpływów.

Grayscale Investment zrobiła to ponownie z kolejnym rekordowym kwartałem. W czwartym kwartale 2020 r. wiodący zarządzający aktywami cyfrowymi poinformował, że inwestorzy instytucjonalni Bitcoin Bank włożyli w produkt ponad 3 mld dolarów, z czego największy udział ma Bitcoin.

$3,3 miliarda zainwestowanych w skali szarości w czwartym kwartale 2020 roku

Pomimo wyzwań, jakie rok 2020 przyniósł rynkom finansowym, a może właśnie z ich powodu, Grayscale zaznaczył swój najlepszy jak dotąd rok z masowymi alokacjami, głównie od inwestorów instytucjonalnych.

Pierwsze trzy kwartały 2020 roku przyniosły rekordowe wyniki, ale raport za czwarty kwartał przekroczył wszystkie dane. Firma zauważyła, że całkowite inwestycje w ciągu ostatnich trzech miesięcy roku wyniosły 3,3 mld dolarów, w porównaniu z 5,7 mld dolarów za cały rok. Oznacza to, że prawie 60% wszystkich inwestycji zostało zrealizowanych w czwartym kwartale.

Ponadto, firma wskazała, że od momentu powstania w 2013 r. do 2019 r. przyciągnęła skumulowany napływ 1,2 mld USD. Innymi słowy, napływ w 2020 roku był prawie pięciokrotnie większy niż w poprzednich sześciu latach łącznie.

Ponadto, Grayscale podkreślił rosnący apetyt instytucji, gdyż 93% całkowitych napływów w czwartym kwartale 2020 roku pochodziło od takich inwestorów, w porównaniu do średniego rocznego wskaźnika 87%. Firma odnotowała „znaczącą poprawę sytuacji wraz z szeregiem publicznych ogłoszeń od wybitnych inwestorów i zarządzających aktywami“.

Geograficznie 45% inwestycji pochodziło ze Stanów Zjednoczonych, podczas gdy pozostałe 55% pochodziło od inwestorów offshore.

The Bitcoin Trust znów dominuje

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Podobnie jak w poprzednich trzech kwartałach, najwięcej pieniędzy przyciągnął Grayscale Bitcoin Trust. W czwartym kwartale zarobił 2,8 miliarda dolarów ze wszystkich wpływów, co stanowi ogromne 85% udziału.

W skali roku BTC Trust zgromadził 4,7 miliarda dolarów. Oczywiście oznacza to, że większość środków pojawiła się w IV kwartale – ponieważ cena aktywów zaczęła rosnąć.

„Podczas gdy podaż nowo utworzonego Bitcoinu zwolniła w wyniku zmniejszenia o połowę w maju 2020 roku, napływy do Grayscale znacznie przyspieszyły. Ilość Bitcoinu, która wpłynęła do Grayscale Bitcoin Trust w Q42020 była prawie dwukrotnie większa niż ilość wydobyta w tym samym okresie“. – czyta gazetę.</blokada cytatu
GrayscaleSomewhat expectedly, the Ethereum Trust, który śledzi występ drugiej co do wielkości kryptokuranty – ETH – przyszedł po BTC Trust z 342 milionami dolarów.

Inne produkty firmy, które cieszyły się stałym napływem w ostatnim kwartale 2020 roku to Ethereum Classic, Bitcoin Cash i Litecoin.

Warto jednak zauważyć, że Grayscale niedawno ogłosiła, że rozwiąże XRP Trust z powodu opłat SEC za procesor płatności.

Bitcoin-utbudet skärpas i tecken på fortsatt „likviditetskris“

Bitcoins rally har präglats av stark ackumulering av långsiktiga innehavare.

Antalet BTC på börser har minskat kraftigt de senaste månaderna, trots rallyt.
Analytiker tror att detta kan hänföras till att institutionella spelare köper Bitcoin på lång sikt.
Dessa investeringar förväntas driva BTC högre över tiden när tillgången på mynt på marknaden minskar.

Bitcoin Supply Crisis börjar när mynt lämnar utbyten en-Masse

Analytiker tror att Bitcoin befinner sig mitt i en kris på utbudssidan när BTC drar till nya heltidshöjder. Medan en del av det senaste rallyet till stor del har drivits av derivatköpare, har det tydligt att det finns en stor mängd BTC som ackumuleras via spotbörser.

Rafael Schultze Kraft, CTO på Glassnode, delade diagrammet nedan den 21 december. Det visar priset på BTC och tillgången på Bitcoin på börser över en makrotidsram.

Som kan ses har antalet Bitcoin på börser varit i kraftig nedgång sedan de lokala höjderna som sågs under februari-rallyt till 10 500 dollar. Schultze Kraft och andra ser detta som ett tecken på att Bitcoin befinner sig mitt i en leverans- och likviditetskris, vilket borde driva priserna högre över tiden:

“#Bitcoin är i en leverans- och likviditetskris. Detta är extremt hausse! Och mycket underskattat. Jag tror att vi kommer att se detta betydligt återspeglas i Bitcoins pris de kommande månaderna. Låt oss ta en titt på data. „

Institutionellt köptryck

Att driva denna minskning av Bitcoin på börser är institutionella aktörer, tyder vissa bevis.

Tidigare idag bekräftade MicroStrategy att det har köpt 30 000 Bitcoin:

“TYSONS CORNER, Va .– (BUSINESS WIRE) –Dec. 21, 2020– MicroStrategy® Incorporated (Nasdaq: MSTR) („företaget“), det största oberoende börsnoterade företagsinformationsföretaget, meddelade idag att det hade köpt ytterligare cirka 29 646 bitcoins för cirka 650,0 miljoner dollar kontant i enlighet med sina Treasury Reserve Policy, till ett genomsnittspris på cirka 21 925 dollar per bitcoin, inklusive avgifter och kostnader. “

Detta ökar de 40 000 Bitcoin som de redan har köpt de senaste månaderna.

MicroStrategy är bara en av många företagskunder och institutionella kunder som köper den ledande kryptovalutan.

Just den andra veckan bekräftade det amerikanska livförsäkringsbolaget MassMutual att det hade köpt 100 miljoner dollar i BTC. Företaget fick sällskap av andra livförsäkringar / försäkringsbolag, även om namnen på dessa företag inte avslöjades.

Personal Information of 273,000 Ledger Customers Leaked in Discussion Board

A hacked database containing the personal information of 273,000 Ledger customers has been posted publicly on a discussion board. Ledger wallet holders need to prepare for being the target of massive phishing attacks.

Ledger database dropped in the wild

Ledger’s marketing database has just been shared on a public discussion forum. This colossal database contains more than 1 million emails and especially 273,000 telephone numbers , physical addresses , surnames and first names , of Ledger customers. This is the database recovered by hackers last June .

Here is the post in question on a forum dedicated to hacking:

The mere fact that this database is now accessible to everyone and without the slightest constraint is catastrophic, blessed bread for malicious individuals.

According to the cybersecurity firm Under the Breach , this leak represents a major risk for all those concerned, and to say the least .

“People who have purchased a Ledger wallet tend to have high net worth in cryptocurrencies and will now be subject to both cyber-harassment and physical harassment on a larger scale than before,” the company stresses.

Now that all the personal information of Ledger’s customers has been disclosed, Ledger wallet holders must prepare for receiving dozens of fraudulent texts and emails , if not worse.

Now anyone can find out who owns a Ledger wallet, in addition to knowing their home address and phone number. Valuable personal data that could lead to physical danger for Ledger customers, far from the phishing email. Hopefully, however, the situation does not deteriorate until then.

To find out if your data has been compromised, go to the Have I Been Pwned site and fill in the email address you used to order your Ledger wallet. If the message “ Oh no – pwned! Is displayed, your personal information has been compromised (at least your email address).

Even if your wallet itself is safe, you should be prepared for attacks against you, certainly by email and SMS. In some time, an unprecedented wave of attacks are expected to begin, with individuals attempting to cheat you with fake emails and texts, and passing themselves through Ledger.

Ledger disappoints the crypto-sphere

Although Ledger was quick to admit that its database had been compromised as a result of the hack, the company claimed that only 9,500 customers were affected by a leak of their personal information. Legder’s communication on the matter was therefore completely hazardous, as the company did not disclose the true figure to its customers .

Did they deliberately hide the scale of the disaster by indicating that only 9,500 customers were affected? Or are they learning the magnitude of this attack along with us? For the moment, Ledger has not yet communicated on this issue.

Regardless, the crypto-sphere’s anger is brewing at Ledger, with the company having – expressly or not – alleviated the number of people affected by this attack. In addition, Ledger affirmed that each customer affected by this incident would be warned by email, a promise it did not keep.

L’ex gestore di fondi speculativi raccomanda il 5% di Crypto nei portafogli

Mike Novogratz dice alla CNN che la Bitcoin è passata da un „investimento di frontiera“ a una macro parte di portafogli di investimento con investitori istituzionali.

Il leggendario investitore e fondatore di Galaxy Digital, Mike Novogratz, ha sostenuto che i suoi colleghi investitori aumentino la loro quota di portafoglio di attività criptate al 5%.
I commenti sono arrivati in un’intervista con Julia Chatterley della CNN l’8 dicembre, in cui ha presentato Novogratz come un ponte tra il tradizionale macroinvestimento e l’investimento di frontiera nello spazio cripto.

Alla domanda su quali ponti si dividono le due strategie d’investimento, il CEO di Galaxy Digital ha dichiarato che Bitcoin è passata da un „investimento di frontiera“ a una macro parte di portafogli d’investimento con l’attenzione di hedge fund, istituzioni e aziende come MicroStrategy.

„TUTTI GUARDANO AL BITCOIN COME A UNA SORTA DI ORO DIGITALE E COME A UNA COPERTURA CONTRO LO SVILIMENTO DELLA VALUTA DEL FIAT“.

Bitcoin: lo strumento perfetto

Chatterley ha posto lo scenario di trilioni di dollari di negoziazione del debito nazionale a rendimenti negativi e di investitori sofisticati che hanno bisogno di diversificare in cose che hanno più spazio per crescere.

Novogratz ha commentato che l’adozione della Bitcoin sta accelerando in questo contesto di debito massiccio in quanto è lo „strumento perfetto“ con un’offerta finita e un’inflazione minima. La maggiore digitalizzazione delle finanze è un altro fattore che guida l’adozione, ha aggiunto, osservando che questo probabilmente accadrà sulla catena di blocco dell’Ethereum.

Commentando la recente adozione di PayPal di beni crittografici e, ancora più recentemente, la seconda banca spagnola – BBVA – che offre servizi crittografici, ha aggiunto;

„VEDRETE OGNI SINGOLA ISTITUZIONE FINANZIARIA COSTRETTA A ENTRARE IN QUESTO SPAZIO“.

Una volta che le valute digitali della banca centrale (CBDC) saranno implementate, si troveranno sulla stessa struttura delle valute crittografiche decentralizzate, che forniranno ulteriori rampe per un’adozione più ampia.

Diversificazione del portafoglio di crittografia

Commentando altri asset digitali come ETH e XRP, Novogratz è stata interrogata sulla diversificazione. Ha aggiunto che Bitcoin è un negozio di valore, Ethereum ha applicazioni finanziarie, e una piccola parte potrebbe andare in progetti di venture come quelli relativi a DeFi.

Chatterley alla fine ha chiesto quanto si dovrebbe investire e la premessa di perdere tutto è ancora valida. Novogratz ha dichiarato di aver cambiato idea e di aver aumentato una precedente raccomandazione di allocazione del portafoglio dell’1% del patrimonio netto a una parte più significativa di qualsiasi portafoglio d’investimento.

„PENSO CHE UN NUOVO INVESTITORE POTREBBE INVESTIRE IL 5% IN BITCOIN. BITCOIN NON TORNERÀ A ZERO […] POTREBBE CERTAMENTE TORNARE A 14.000 DOLLARI, POTRESTI PERDERE IL 30-40%, MA NON PERDERAI L’80-90% DEI TUOI SOLDI“.

Ha aggiunto che, come percentuale del suo patrimonio netto, stimato intorno ai 700 milioni di dollari, la sua esposizione complessiva alla crittografia si aggira intorno al 50%.

La Bitcoin è attualmente scambiata a 18.250,65 dollari, con un volume sulle 24 ore di 30.487.017.363 dollari e un market cap di 338.853.686.964 dollari.

Per ulteriori notizie sulla crittovaluta, visita il canale YouTube di Altcoin Buzz.

France prohibits anonymous transactions with Bitcoin

A shot that could backfire

France has just declared war on Bitcoin, with its finance minister, Bruno Le Maire, publishing a decree that introduces oppressive rules to all cryptomaniac companies operating in the country.

Any company working with cryptomaps must implement the rules immediately to verify the identity of all users (KYC), in addition, all accounts without identification (anonymous) must be blocked. The communiqué was published on Twitter by the Minister of Finance, Bruno Le Maire.

„This demand, which emanates from actors in the ecosystem, will allow us to combat the anonymity of transactions in digital assets and, at the same time, facilitate the identification of users,“ said the minister.

In other countries, such as Brazil, the customer identification rule also exists, but in some companies only when a user moves a certain volume of digital currency. Thus, it is possible to move few volumes in some companies that do not require KYC, as in some P2P platforms or decentralized platforms.

In France, however, the rules will be stricter because it applies to all companies, regardless of volume, and the user will have to complete the entire registration already when creating the account (usually KYC is required when a user tries to withdraw high values).

The KYC rule in France was only required in crypto/fiat brokers and custodians of cryptomoedas.

The minister said the rule is a necessary action in France’s fight against terrorism. The press release cites a terrorist organization that financed itself with crypto.

„We must drain the euro from all channels of terrorist financing.

Several other countries already have their finger on the trigger to control the market. In recent days several world leaders have talked about the regulation of cryptomorphs. At the last G7 meeting, ministers and governors showed strong support for heavy regulation.

The G7 discussed policies of authorities to prevent the use of cryptomorphs in illicit activities.

„There is strong support from the G7 on the need to regulate digital currencies. Ministers and governors reiterated support for the G7 joint declaration on digital payments issued in October.

At the same meeting, German Finance Minister Olaf Scholz issued a harsh statement on Facebook cryptomime, saying the currency is „a wolf in sheep’s clothing.

Despite criticism of the government’s attempt to control cryptomime and monitor all transactions, the rulers defend themselves by saying that the main reason for the measures to come is to prevent terrorist financing through cryptomime.

„What we are trying to do in France is to fight the financing of terrorism through cryptoactics. But our overall goal remains to foster innovation,“ the source said.

Government is dumb?

Interesting, but at the same time curious, movement of world governments. Cryptomorphs are in essence decentralized, that is, the proof of censorship and control.

The government will probably „ban“ transactions to mitigate the action of people who use brokers, but those who use digital currencies anonymously will continue to do so, after all, this is one of the main objectives of cryptomorphs, to be able to make transactions without the government being able to control them.

Of course, the government must look for ways to combat terrorism and crime financing, but whoever uses crypto currency for this purpose is probably laughing at the new law. It may even benefit, since as the brokerage house will „close down,“ users will look for alternatives and end up finding decentralized platforms and P2P markets.

The shot could backfire.

Maybe it would be better to leave it open to identify the criminals, where they had control.

Private yacht for $ 10 million: US Department of Justice files charges against ICO superstar

Private yacht for $ 10 million: US Department of Justice files charges against ICO superstar
The founder of a successful ICO was charged yesterday by the authorities in the US with massive tax evasion.

DoJ charges “Oyster Pearl” founder

Amir Bruno Elmaani, the founder of Crypto Cash, a storied 2017 ICO that raised millions in token sales before fizzling out like 98% of all coins hyped at the time, was the announcement from the U.S. Attorney’s Office in the southern borough of New Delivered to York.

Do you remember oyster

Previously known in crypto circles as the anonymous “Bruno Block” from Oyster (before his identity was discovered), Elmaani reportedly raised millions of dollars in person without notifying the Internal Revenue Services of his winnings or filing a false tax return.

He has also been caught running his business and assets through pseudonyms and mailbox companies.

According to authorities, Elmaani has used friends and family as nominees at various points to receive proceeds from cryptocurrencies such as Bitcoin and Ethereum and to transfer them or US currency to his own accounts. In addition, he was found to have traded „heavily“ in precious metals, kept gold bars in a safe on a yacht he owned and used large amounts of cash to pay for personal expenses.

FBI Assistant Director William F. Sweeney Jr.:

„By taking advantage of the increasingly popular cryptocurrency market, Elmaani has reportedly capitalized on the investments of those who bought virtual currencies through the Oyster Pearl, which he founded.“

Sweeney Jr .: „With minimal reported income in 2018, he still managed to spend over $ 10 million buying yachts, but after today’s arrest, he will be sailing nowhere for the near future.“

A look back at the scam

Oyster Pearl gained massive hype in 2017 for its decentralized file sharing and management system that ran on the Ethereum blockchain. Its PRL tokens had a supply of 98 million in circulation and were trading for over $ 3.2 at the top – grossing millions of dollars for insiders, token buyers and owners.

But the whole thing was an elaborate hoax. Elmaani printed 3 million PRL tokens in mid-2018 and pulled out of the project, with the website going down and the exchanges taking PRL off the market in the months that followed. However, the project is still worth over $ 42 million (likely tokens still held by investors).

The project’s development team (and a better CEO) then branched off the Oyster code to launch Opacity – this time with founders known by name.

The coin currently has a tiny market capitalization of $ 752,000 and lives as a mere shadow of what it was once imagined to be.

Paris court convicts Alexander Vinnik for money laundering via the BTC-e exchange

Alexander Vinnik was accused of being behind the Bitcoin (BTC) ransomware called „Locky“.

He was also accused of laundering money via the BTC-e cryptomurrency exchange.

Alexander Vinnik was sentenced to five years in prison for money laundering.

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Alexander Vinnik was sentenced to five years in prison by the Paris court for money laundering via the BTC-e exchange of cryptomoney.

5 years in prison in France
For the past 4 years, investigators have been trying to link Alexander Vinnik to a Bitcoin (BTC) ransom program that infected several hundred computers. This malicious software had caused an estimated 135 million euros in damage.

The Paris court has partially waived the charges related to the exploitation of this ransomware. However, the judges found that it had indeed participated in collecting the ransom funds and laundering them on the BTC-e encryption exchange platform.

What is the BTC-e exchange?
It is estimated that the BTC-e Cryptocurrency Exchange processed more than $9 billion worth of BTC transactions between its inception in 2011 and its closure in 2017. Alexander Vinnik, himself, has been accused of having laundered 300,000 BTCs (about $4 billion) during those six years.

The BTC-e exchange „had no control or policy against money laundering“. As a result, the authorities claim that the platform was actively used by cybercriminals to launder the proceeds of their illicit activities.

BTC-e is also linked to the hacking in 2014 of Mark Kerpelès‘ famous Mt Gox platform. The platform is also reportedly linked to Fancy Bear, the Russian cyber-espionage group that allegedly hacked into the email accounts of US Democratic Party candidates in the 2016 presidential election.

Vinnik was arrested in Greece in 2017 and then extradited to France. According to the FBI, he is believed to be the head of BTC-e. Known colloquially as „Mr. Bitcoin“, Alexander Vinnik is also said to have had connections with Semion Mogilevich, the godfather of the Russian mafia.