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Webm@g. Les destins inattendus des premières Miss France

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Miss Lyon 1930 épouse un prince kadjar, Miss Jura 1926 est la toute première, Miss France 1935 serait allemande, le public remplace Miss Côte-d’Azur par Miss Maroc… Parfois la petite histoire des Miss France raconte toute une époque.

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the Lazarus group implicated – Real time Finances news and updates

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11:00 a.m. ▪
4
min read ▪ by
Luke Jose A.

According to investigations conducted by the Elliptic Group, crypto assets stolen from Atomic Wallet users were transferred to a crypto mixer. The North Korean group Lazarus is implicated.

A hacker presenting a screen with the Atomic Wallet logo on it

Tracing funds stolen from Atomic Wallet users

On June 3, the decentralized exchange Atomic Wallet was the target of a cyberattack that allowed the hacker to steal nearly $35 million in crypto assets belonging to users of the platform.

On June 5, blockchain analytics agency Elliptic posted a tweet claiming that its team’s investigations have traced the destination of funds stolen from Atomic Wallet.

According to Elliptic, the hijacked assets on the exchange were sent to Sinbad.io, a crypto mixer known to be used by North Korean hacker group Lazarus.

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This is not a first for this mixer, which has already been implicated in previous cases of money laundering. The Lazarus hacker group has used it regularly to cover the trail of the $100 million worth of crypto they have stolen from various platforms.

Separately, the analytics firm did not provide details on how much the crypto mixer received. However, she indicated that the funds were converted into bitcoins before being routed to other wallets.

Atomic Wallet is trying to recover the stolen funds

According to Atomic Wallet, the losses recorded during the hack affected less than 1¨% of the platform’s regular users.

Nevertheless, the exchange’s marketing manager, Roland Säde revealed that his team is “currently working to recover these funds”. He also added that he is waiting for the investigation to be completed to create a concrete recovery plan.

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Of course, the team is devastated, because we are very proud of our security protocol. We are working around the clock to solve this problem and come out of this crisis stronger than before.”did he declare.

In order to optimize the chances of recovering stolen funds, Richard Säde advises victims to track down fraudulent transfers and report them to the most popular crypto exchanges, which “could prevent scammers from exchanging their funds”.

Of course, we also report them directly, but the more eyes there are on the hackers, the more difficult it is for them to move the funds”he specified.

A strategy that seems to work! Because according to some tweeters, Atomic Wallet was able to recover part of the funds in question, even though sending the assets to a crypto mixer could considerably complicate the monitoring of transactions!

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Luke Jose A. avatar

Luke Jose A.

A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of the blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand the blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of the news, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal challenges of this revolution in motion.

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Mixed Bag on Business Costs: Kiplinger Economic Forecasts

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The prices businesses pay for materials and components have a major impact on the prices we pay for essential goods and therefore the wider economy. So to help you make better investments and other financial decisions we will keep you in the loop on major developments in this market (Get a free issue of The Kiplinger Letter or subscribe). You will get them first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…

One silver lining of the slowing economy: manufacturing costs are finally easing after years of snarled supply chains, shipping delays and spikes in the prices of many key materials.

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ETH status: Jack Dorsey launches the controversy

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10:00 a.m. ▪
3
min read ▪ by
Ariel R.

In a recent series of tweets, longtime bitcoin (BTC) advocate and Twitter founder Jack Dorsey sparked heated controversy. According to him, Ether (ETH) is a security. This statement quickly sparked heated reactions from crypto experts, exposing the debates around ETH classification and regulations.

Jack Dorsey calls ETH a security, sparking controversy (Source: Twitter)

Debates around the security of ETH

The debate begins when Jack Dorsey responds “YES” to a question on Twitter. This claim was immediately criticized by Udi Wertheimer, a developer of Bitcoin Ordinals at Taproot Wizards. The latter goes so far as to call Dorsey a “clown” in a tweet.

In retaliation, Dorsey tweeted: “ETH is not a security? Teach me, wizard”. This exchange then led Wertheimer to share a video by Gary GenslerChairman of the SEC, dating back five years. “ETH is now sufficiently decentralized. It is no longer considered a security”he asserted.

Gabor Gurbacs also took part in the discussions. This strategy adviser for stablecoin issuer Tether and investment management firm VanEck supports Wertheimer’s comments. According to him, Ethereum’s recent switch to PoS could revive securities laws.

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What impact on the crypto industry?

These online debates arise in the context of the various legal actions brought by the SEC. The US regulator accuses Binance and Coinbase of offering tokens considered unregistered securities.

The SEC has filed its complaints on June 5 and 6. This reinforces concerns about the regulation of digital assets and the classification of cryptocurrencies.

In one of his tweets, Jack Dorsey appears to approve of a screenshot of a post by Brian Armstrong, CEO of Coinbase. This one dates from 2015. In this post, Armstrong describes “distraction” altcoins. According to him, Coinbase should focus on bitcoin instead.

Jack Dorsey’s statements about Ether (ETH) have fueled controversy within the crypto industry. As regulators step up efforts to enforce securities regulations, debates over the nature of cryptos and their compliance with applicable laws will continue to rage.

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Ariela R. avatar

Ariel R.

My name is Ariela and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago. But it is a universe that interests me a lot. And the topics covered within the platform allow me to learn more. Singer in my spare time, I also cultivate a great passion for music and reading (and animals!)

DISCLAIMER

The comments and opinions expressed in this article are the sole responsibility of their author, and should not be considered as investment advice. Do your own research before making any investment decision.

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Rise of SEC-Inspired Memes After Binance Saga

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9:00 a.m. ▪
4
min read ▪ by
Fenelon L.

Memecoins inspired by the United States Securities Exchange Commission (SEC) and its chairman, Gary Gensler, are seeing a significant increase in value following lawsuits against the exchanges, Binance and Coinbase. Tokens such as Good Gensler (GENSLR) and Fuck Gary Gensler (FKGARY) have seen a surge in price, attracting the attention of investors hungry for quick gains.

image of Gary surrounded by shitcoins symbolizing the GENSLR memecoins

The Memecoin Boom Inspired by the SEC and Gensler

The season of Memecoins still seems far from taking its revenge. Every crypto meme seems to have its moment to shine in the market. If Pepecoin was in the center of attention a few weeks ago, it has since given way to new players, the latest of which is Good Gensler (GENSLR).

With the announcement of SEC lawsuits against Binance and Coinbase, Memecoins inspired by Gary Gensler and the SEC are growing in popularity. Good Gensler (GENSLR), which launched on April 19, saw an impressive surge of more than 260% just hours after the lawsuits were announced against Coinbase for allegedly offering unregistered securities.

With a market capitalization of around $3.2 million and trading volume exceeding $1.25 million in the past 24 hours, Good Gensler has caught the eye of investors hungry for quick gains.

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Another Gary Gensler-derived Memecoin, Fuck Gary Gensler (FKGARY), has also seen a dramatic rise of more than 530% in the past 48 hours, according to data from DEXTools, a decentralized exchange (DEX) filter.

But that’s not all. The Memecoin SEC, whose ticker stands for “Stupid Egotistical Cocksuckers,” has also seen significant volatility in reaction to recent SEC actions. Launched on June 5, this token saw an impressive gain of 15,530% in the first 24 hours. However, since then it has suffered a decline of more than 61% from its all-time high.

Caution remains in order

Faced with pressure from the SEC, which is currently making headlines, Memecoin followers have found an entertaining way to have fun: creating memes inspired by the regulatory agency and its president, Gary Gensler.

But beware, the buzz around these types of cryptos often doesn’t last long. These Memecoins, while a source of entertainment, are considered high-risk investments due to the lack of strong fundamentals.

Tokens hot during the May craze, such as PEPE and Turbo (TURBO), saw steep declines from their all-time highs, dropping 73% and 95% respectively.

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Fenelon L. avatar

Fenelon L.

Passionate about Bitcoin, I like to explore the intricacies of blockchain and cryptos and I share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is the tool that can make that possible.

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Ether Explosive Move – ETH June 08 Technical Analysis

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The current consolidation on Ether (ETH) may come to an end soon, suggesting an explosive move is coming. Although the direction of the price is still unclear, a bearish scenario seems likely.

Ether explosive movement

Ether (ETH): a symmetrical triangle on the verge of breaking

On the ETH daily chart, a symmetrical triangle is being formed. Support from the March low forms the lower part of the triangle, while resistance from the year high forms the upper part. With a current price of around $1800, it is possible that this setup is about to be broken. Ether (ETH) price is indeed approaching the top of the triangle, suggesting an impending explosive move.

Unlike Bitcoin, ETH has yet to show a clear direction. However, a breakout of the triangle down seems more likely. Several factors support this hypothesis: first, Bitcoin could end the month in the red, and the battle of the SEC against the exchanges could also have a negative impact on the big cryptos. Additionally, the reaction of Ether (ETH) to the upper part of the triangle shows insufficient bullish momentum to initiate a bull run. In this context, a break to the downside of this pattern is possible, although a bullish scenario cannot be ruled out.

Ether explosive move
Ether (ETH) candlestick chart, daily scale – source: TradingView

Levels to watch?

It is important to watch some key levels that could indicate the future direction of ETH price. On the downside, the breakout of the May low ($1737) could trigger a bigger correction. This could bring the price of ether (ETH) towards the 200-day moving average, currently at $1620. To maintain a long-term bullish structure, it would be necessary for the price to rebound from this level.

However, the Relative Strength Index (RSI) suggests a bullish scenario. Indeed, we are seeing a breakout of a descending triangle on the 14-day RSI, indicating increasing buying pressure. From this perspective, a rise in Ether (ETH) towards $2000 seems imminent.

Admission: $1860;

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Stop: $1893;

Goal: $1620.

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Fitah avatar

Fitah

I am passionate about cryptocurrencies, a world that I discovered barely 3 years ago. My only goal is to inform you of this incredible universe through my articles.

DISCLAIMER

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The comments and opinions expressed in this article are the sole responsibility of their author, and should not be considered as investment advice. Do your own research before making any investment decision.

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ChatGPT iPhone App Carries These Troublesome Privacy Risks

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ChatGPT has officially arrived on smartphones. OpenAI recently brought its artificial intelligence chatbot to the Apple App Store. The chatbot’s iPhone version is already one of the most popular free apps on the App Store. 

But getting too friendly could put your privacy at risk in novel, alarming ways.

ChatGPT app is free – but carries other costs

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How to Fail in a Leadership Role

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“My wife, ‘Emily,’ was recently named to run an important division in her employer’s auto accessories company. She is one of the most capable people I know for any job, but is terrified of these new responsibilities and has expressed a great deal of self-doubt, which is really out of character. Do you know of a resource for someone who suddenly finds themselves in a leadership role? I know that one day she will become CEO, but right now my wife is a trembling puppy. She is a very kind person and worried if that aspect of her personality will interfere with this new position. Emily responds well when shown what not to do. Thanks, ‘Bob.’”

‘Kindness is the key to effective leadership’

In my recent chat with David Noble and Carol Kauffman, authors of the just-published Real-Time Leadership: Find Your Winning Moves When the Stakes Are High, both underscored an important and sometimes overlooked element of effective leadership: kindness.

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G. Gensler accuses CZ of trading against his clients

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0h30 ▪
4
min read ▪ by
Nicholas T.

Gary Gensler faced the press to explain the heavy charges brought by the SEC against the exchanges Coinbase and Binance.

Changpeng Zhao

Security or not?

Coinbase CEO Brian Armstrong probably regrets inciting the US Congress to put pressure on Gary Gensler. The chairman of the SEC responds this week in a brutal way.

As a result, Coinbase has just been asked by 10 American states to explain themselves. The NASDAQ-listed exchange has 28 days to demonstrate why it should not be banned from continuing operations.

BinanceUS risks seeing the funds of all its customers frozen if justice gives the green light. Note that funds held on binance.com are not affected.

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The SEC Chairman took to CNBC and Bloomberg to explain:

“These exchanges combine a number of functions that are not seen in traditional finance. Indeed, the New York Stock Exchange does not manage an investment fund in parallel nor does it have its own market makers. But that is precisely what Binance does through sister organizations that flood the platform with transactions. This is called wash trading. »

[Le wash trading consiste à faire croire aux investisseurs que les volumes d’échange d’un titre sont plus élevés qu’ils ne le sont réalité afin d’attirer le chaland. C’est illégal aux États-Unis.]

“Binance customers don’t even know who has custody of their funds. Are they kept here or abroad? We know that billions of dollars in customer funds have been transferred to Merit Peak. We accuse CZ of controlling Merit Peak as well as Sigma Chain, a market maker that artificially inflated volumes. »

For Gary Gensler, CZ “trade against its clients” through these companies.

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“We don’t need more digital currencies”

On whether cryptos are just a gigantic ponzi, Gary Gensler did not say no:

“The SEC has decided to remain neutral, but we have to ask ourselves questions. There is a lot of debate as to whether these tokens really have any use. We don’t need more digital currency. We already have a digital currency, it’s the US dollar, the euro, the yen. They are all digital now. »

“On these exchanges, there are often hundreds of tokens. Coinbase offers around 250 tokens. Even 16,000 tokens via his wallet. Same thing for Binance. All we have to show is that one of these tokens is a security that should have been properly registered with the SEC. We have already highlighted a dozen examples for each of the Binance and Coinbase exchanges. »

[SOL, ADA, MATIC, SAND, CHZ, FLOW, ICP, NEAR, VGX, DASH, NEXO, BNB, BUSD, FIL, ATOM, MANA, ALGO, AXS et COTI]

“It’s up to the public to decide what they want to invest in, but the law says it must be based on proper registration. Without it, the public can’t tell if it’s a scam or a counterfeit. And we know that this ecosystem is filled with peddlers and scammers. »

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Bitcoin is the only cryptocurrency that Garry Gensler admits is not a security. In the eyes of the SEC, bitcoin is a “commodity”, just like gold.

Finally, it should be noted that Binance also clashed with the French authorities last week. The exchange was forced to delist a dozen cryptocurrencies, including monero.

Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of newsletter daily and weekly so you don’t miss any of the essential Cointribune!

Nicolas T. avatar

Nicholas T.

Journalist reporting on the Bitcoin revolution. My papers deal with bitcoin through geopolitical, economic, and libertarian prisms.

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Startup Finances: Fundamentals Entrepreneurs Need to Know

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At any given time, entrepreneurs are juggling many tasks, especially in the early days of launching a business. 

If you’re an entrepreneur in the startup phase of your journey, you’re busy bringing your idea to life and strategically planning to enter the market. But as you do so, it’s vital to establish the right financial structures for your venture. Managing startup finances is easier when you prioritize doing so at the beginning. What’s more, a 2023 survey by online loan marketplace company Lendio found that small business owners “are primarily facing challenges related to the economy (23%), inflation (21%) and other financial concerns (14%).” By getting a head start on your startup finances, you’ll be better prepared to navigate these challenges (such as the next recession) as they arise.  

Common mistakes 

When it comes to managing startup finances, Eric Kala, the CEO of Avid Wealth Partners, a San Antonio, Texas-based wealth management and financial planning firm, has often seen entrepreneurs make four common mistakes.

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Eric Kala

(Image credit: Courtesy of Eric Kala)

First, they fail to establish the correct business entity or structure to financially and legally protect them down the line. This can limit their flexibility in the future. Regarding the specific structure or entity you should pursue, Kala recommends starting by forming an LLC. However, he stresses that you should always consult professional help catered to your unique situation before you take that step. 

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Michaël van de Poppe predicts a rise for Litecoin and Ether

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10:00 a.m. ▪
3
min read ▪ by
Luke Jose A.

What surprises does the crypto market have in store for us? If it is impossible to answer this question with certainty, the analysts themselves cannot deprive themselves of predictions and conjectures. Michaël van de Poppe is one of those experts who draw on their knowledge to examine possible scenarios and who share their conclusions with their many followers. His latest prediction points to a possible uptrend for two cryptocurrencies: Litecoin (LTC) and Ether (ETH).

Litecoin and ether logos

Litecoin (LTC) price: rising to highs not seen since 2021?

Michaël van de Poppe distinguished himself last May by announcing a rise for bitcoin in a context marked by the banking crisis. Tireless, the famous analyst is interested this time in two altcoins.

In a recent video posted on his YouTube channel, he first predicts a breakthrough for Litecoin (LTC). And the catalyst for this possible rise in power is nothing other than the next halving according to Michaël van de Poppe.

He says, “Litecoin (LTC) is also doing very well. It is intended for a breakout. I think the halving will take place in (August), which means that we still have six to eight weeks before it takes place. I think a very strong rally is definitely likely if it breaks through $100. If it goes above $100…then I guess it will peak around $160 to $180.”

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While waiting for the scenario imagined by Michaël van de Poppe to happen, the price of Litecoin (LTC) is $88.37 (at the time of writing).

Ether (ETH), no exception?

Further in his analysis, Michaël van de Poppe asserts that ether could follow in the footsteps of Litecoin (LTC). According to the expert, ETH could also appreciate. For this, its resistance level of $1800 must be maintained.

Michaël van de Poppe believes that if he manages to break above the immediate resistance of $1903, he can surge and reach $2800. Meanwhile, ether (ETH) is trading at $1846.41.

Michaël van de Poppe’s prediction should delight holders of the two cryptocurrencies. But be careful not to rejoice too quickly, because for another equally renowned analyst, Benjamin Cowen, a fall in altcoins is looming.

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Luke Jose A. avatar

Luke Jose A.

A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of the blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand the blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of the news, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal challenges of this revolution in motion.

DISCLAIMER

The comments and opinions expressed in this article are the sole responsibility of their author, and should not be considered as investment advice. Do your own research before making any investment decision.

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