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Area Libraries Present the Basics of Bitcoin and Cryptocurrency Online

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Area Libraries Present the Basics of Bitcoin and Cryptocurrency Online

As a public service, 97.9 WHAV presents Neighborhood Highlight at no cost for the advantage of Larger Haverhill nonprofit organizations. To submit information of occasions, fundraising appeals and different group calendar bulletins, Click on picture.

Is Bitcoin and different cryptocurrencies the primary wave of a cashless future or simply an overhyped know-how?

Michael Gershbein, a former librarian and founding father of Very Good Individuals, discusses the “Fundamentals of Bitcoin and Cryptocurrency” throughout a free on-line presentation sponsored by space libraries, together with Haverhill and West Newbury and Atkinson, N.H.

The presentation takes place Wednesday, Could 25, from 7-8 p.m. There’s extra data and a registration hyperlink at haverhillpl.org, below Calendar of Occasions. Those that register obtain a Zoom hyperlink through electronic mail.

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Crypto

Convictions Upheld for Defendants in OneCoin Cryptocurrency Case

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Convictions Upheld for Defendants in OneCoin Cryptocurrency Case

Two men convicted for their part in the OneCoin cryptocurrency fraud scheme can’t move forward on their appeals, the Second Circuit said Friday.

OneCoin Ltd. and its affiliated offshore companies conducted a Ponzi scheme that recruited investors without providing anything in return, allegedly making $4 billion. The scheme allegedly offered commissions to members for recruiting others to buy packages of the worthless OneCoin cryptocurrency. At its height, OneCoin claimed to have more than 3 million members worldwide.

As a result of the scheme, Karl Sebastian Greenwood pleaded guilty to conspiracy to commit wire fraud, wire fraud, and conspiracy to commit …

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Crypto

How to protect yourself from crypto scams

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How to protect yourself from crypto scams

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Kraken Resumes Staking For US Customers

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Kraken Resumes Staking For US Customers

Key Takeaways

  • Crypto exchange Kraken has reintroduced crypto staking services for its customers in the U.S.
  • Kraken was previously sued by the SEC for offering similar services.
  • The move by Kraken is yet another sign that the regulatory environment for crypto companies in the U.S. is changing rapidly since President Trump returned to office.

Cryptocurrency exchange Kraken is reintroducing staking services for U.S. customers again.

Kraken’s decision to resume staking comes nearly two years after it settled charges with the SEC, which had previously forced it to halt staking services and pay a $30 million fine for offering unregistered securities.

Staking is a process by which crypto investors can pledge and lock their tokens to a pool which is then used toward validating transactions. Successful validators receive rewards for verifying information on the blockchain, and those rewards are shared with investors who staked their assets.

Kraken Pro users in 37 states and two territories will be able to stake 17 digital assets including Ethereum (ETHUSD), Solana (SOLUSD), Polkadot (DOTUSD), and Cardano (ADAUSD).

This could be yet another sign that the crypto landscape is changing quickly under President Donald Trump’s second administration. In his first week in office, Trump signed an executive order on digital assets, and the Securities and Exchange Commission has become more friendly to the crypto industry.

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