Crypto
Will DeeStream (DST) become the new Twitch? Why crypto investors from Bitcoin Cash (BCH) and Dogecoin (DOGE) see value
Bitcoin Cash (BCH) encounters obstacles in surpassing resistance, whereas Dogecoin (DOGE) takes the lead in blending blockchain into gaming with well-known titles like Doom. Amid these transformations, DeeStream (DST) emerges as a significant innovation in the online streaming world. Featuring a decentralized governance system, fast transactions, and profit distribution, DeeStream (DST) disrupts conventional norms, drawing interest from cryptocurrency investors.
DeeStream (DST) is seen as a possible substitute for Twitch. They’re selling DST tokens for $0.035 in advance, offering distinct features and a promise of openness. This has attracted the attention of smart investors dealing with the uncertainties of the crypto market. DeeStream’s (DST) progress is happening in the context of technological changes transforming online streaming.
Bitcoin Cash (BCH): Struggles Below Resistance
Bitcoin Cash (BCH) is encountering obstacles below the $250 level compared to the US Dollar, following a similar path to Bitcoin (BTC). Recent price movements indicate a possible decrease if Bitcoin Cash (BCH) cannot surpass crucial resistance points. Despite the ups and downs, Bitcoin Cash (BCH) remains a significant focus for investors dealing with uncertainties in the cryptocurrency market.
Dogecoin (DOGE): Unlocking Gaming Potential
Dogecoin (DOGE) explores new horizons as developers leverage Ordinals technology to integrate iconic games like Doom onto the blockchain. The deployment of Doom on Dogecoin (DOGE) marks a significant milestone, showcasing the platform’s capability to host gaming data securely. Such innovations underscore Dogecoin’s (DOGE) expanding ecosystem beyond its meme-centric origins, driving transactional activity and investor interest.
DeeStream (DST): Redefining Online Streaming
DeeStream (DST) disrupts the status quo with its decentralized governance framework and innovative features tailored for streamers and viewers alike. DeeStream (DST) prioritizes freedom of expression and community-driven decision-making by offering instant transactions and revenue-sharing mechanisms.
With lower fees and instant streamer withdrawals, DeeStream (DST) fosters a transparent and secure environment, leveraging blockchain technology for immutable transaction records. The presale launch of DeeStream (DST) tokens at an enticing price point of $0.035 garners the attention of savvy investors, supported by rigorous audits and sustained liquidity measures.
As the streaming market burgeons, DeeStream (DST) positions itself as a transformative force, resonating with evolving user preferences and industry dynamics. Investors keenly monitor its progress, recognizing its potential to reshape the online streaming landscape and rival incumbents in the crypto sphere. DeeStream’s (DST) journey unfolds amidst a backdrop of technological innovation and shifting market paradigms, offering a compelling narrative in the ever-evolving realm of cryptocurrencies.
Check out the official website of DeeStream to find out more https://deestream.com
Crypto
Alleged crypto scammers arrested in $73 million 'pig butchering' scheme
The Justice Department said on Friday that it arrested two alleged scammers for laundering “at least” $73 million through shell companies connected to “pig butchering” cryptocurrency investment schemes.
In a pig butchering scam, scammers contact victims online and gain their trust before manipulating them into investing in a fake cryptocurrency.
Daren Li, a 41-year-old dual citizen of China and St. Kitts and Nevis — and resides in China, Cambodia, and the United Arab Emirates, was arrested on April 12 at Hartsfield-Jackson Atlanta International Airport. According to a Justice Department statement, he was subsequently transported to the Central District of California. Yicheng Zhang, 38, a Chinese national and resident of Temple City, California, was arrested on Thursday in Los Angeles, California, the statement said.
The DOJ accused the individuals of having lured victims into depositing money into U.S. accounts. From there, the two allegedly utilized co-conspirators to launder the money through U.S. financial institutions to Bahamas bank accounts, before converting the funds into the stablecoin Tether, also known as USDT.
“Cryptocurrency investment scams exploit the borderless nature of virtual currency and online communications to defraud victims,” said U.S. Deputy Attorney General Lisa Monaco. “While fraud in the crypto markets takes on many forms and hides in many far-off places, its perpetrators aren’t beyond the law’s reach,” the
Li and Zhang face charges of conspiracy to commit money laundering and six counts of international money laundering. According to the Justice Department, if found guilty, they could be sentenced to a maximum of 20 years in prison for each count.
Two days before announcing the arrests, the Justice Department said it arrested two brothers for allegedly stealing roughly “$25 million worth of cryptocurrency within approximately 12 seconds.” And earlier this month, the department charged ‘Bitcoin Jesus’, a.k.a. Roger Ver, with evading nearly $50 million in taxes.
Crypto
Brothers charged with stealing $25 million in Ethereum in 12 seconds — Cryptocurrency heist exploited transaction validation process
In what U.S. prosecutors are calling the first case of its kind, a pair of brothers have been charged with stealing $25 million worth of cryptocurrency in just 12 seconds. They’re now charged with wire fraud and money laundering for the April 2023 heist.
Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, were reportedly educated at the Massachusetts Institute of Technology (MIT) in mathematics and computer science. Using the skills they learned at MIT, prosecutors say the duo found a way to exploit the Ethereum transaction validation process.
The brothers allegedly used that exploit to gain fraudulent access to pending transactions on the Ethereum blockchain, a public ledger that records and validates cryptocurrency payments.
The pair was arrested on May 14 on the indictment handed down from the United States District Court of the Southern District of New York. The indictment against the brothers was unsealed (PDF) on Wednesday, May 15, 2024.
Investigators say the brothers altered enough transactions in 12 seconds to redirect $25 million in cryptocurrency to themselves instead of the intended recipients.
In a press release, U.S. Deputy Attorney General Lisa Monaco stated that the brothers used “a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds.” She also explained that agents from the Internal Revenue Service (IRS) played a crucial role in solving the riddle of where the cryptocurrency went.
A representative for Ethereum confronted the Peraire-Bueno brothers, but they refused to return the funds. Instead, they worked to launder and hide their ill-gotten gains, prosecutors allege.
U.S. Attorney Damian Williams stated the exploit “calls the very integrity of the blockchain into question.” Even though this theft was the first of its kind, prosecutors are prepared to uncover any other new forms of cybercrime. “As cryptocurrency markets continue to evolve, the Department will continue to root out fraud, support victims, and restore confidence to these markets,” Monaco pledged.
The Peraire-Bueno brothers face one count each of conspiracy to commit wire fraud and conspiracy to commit money laundering. If convicted, they each face more than 20 years in prison.
Crypto
Voice of Web3 by Coingape : Showcasing India’s Cryptocurrency Potential
Coingape’s “Voice of Web3” is an inaugural event that is set to attract over 1000 crypto leaders and enthusiasts in late June. The conference intends to have conversations with participants so that they understand how blockchain and cryptocurrency can democratize India’s policy, financial services, and business sectors. It further seeks to encourage mass adoption by bringing together the tech, startup, and developer communities. The event has multiple tracks for everyone, such as a session on future innovations, the evolution of money, business transformation, or even “Crypto 101.”.
Mark your calendar for the last week of June as Coingape brings to you Voice of Web3. This will be a one-stop stage for all things cryptoeconomic, and by this, it means that there is no going back. With the rapid expansion in the realm of cryptocurrencies in the dynamic landscape of digital finance, this event stands out as an icon for enlightenment and inventive ideas.
Why Should You Attend Voice of Web3?
With Crypto leading the pack at the beginning of the ‘financial internet’, Voice of Web3 plans to bring together more than 1,000 crypto leaders, thinkers, and investors under one virtual podium. This gathering will give room for discussing India’s crypto economy, from first principles to difficult policy conversations.
Whoever you are and whatever your work entails, Voice of Web3 summons you towards a better understanding and design of future finance trends. The tailor-made event suits experienced professional traders, regulators swimming amid policy frameworks, venture capitalists looking for breakthroughs, and corporate leaders looking forward to growth opportunities elsewhere.
What’s on Offer at Voice of Web3
The Voice of Web3 event is designed to be an immersive experience with four distinct tracks that are built for various interests and expertise levels found within the crypto and blockchain industry. Here’s a look at each of the tracks that await attendees.
- Future: This track looks at crypto and blockchain innovations and trends that may disrupt businesses and economies, talking about future money in a DeFi world or the rise of creator economies as well as DAOs.
- Money: Decoding the DeFi landscape, what it means for the future of money as well as central bank digital currencies (CBDC), implications of tokenization physical assets.
- Business: For your business transformation involving cryptocurrency, discuss navigating regulations, financing crypto projects, NFTs for gaming, and the creator economy.
- Crypto 101: This track is meant for beginners who know nothing about cryptocurrencies, providing a primer on the basics such as tokens, protocols, or important concepts, i.e., DeFi lending and threatening strategies.
Coingape’s Voice of Web3 is expected to become a significant turning point that will close the gap between the theory and practice of the cryptocurrency economy. This is an opportunity you can’t afford to miss out on; be part of the conversation that shapes the future of finance in India and beyond. Ensure your place at the forefront of the crypto revolution by registering today.
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Disclaimer
This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.
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