A variety of developments transpired in the cryptocurrency realm this week, perhaps none more groundbreaking than musings surrounding Russia’s potential ban of bitcoin.
A variety of developments transpired in the cryptocurrency realm this week, perhaps none more groundbreaking than musings surrounding Russia’s potential ban of bitcoin – meanwhile, a NJ school district found itself under siege by ransomware.
“Bitcoin Paradise” Isle of Man Introduces Regulation
Last year, Isle of Man held much promise of becoming the highly sought “Bitcoin paradise”, a standing which a number of other islands subsequently became candidates for.
Authorities pledged support for the industry even when discussing anti-money laundering (AML) measures. They expressed an openness to accepting bitcoin for tax Payments, and a number of free professional services for Bitcoin startups sprung up.
Bitcoin Ransomware Cripples NJ School District, “Operating like its 1981″
The entire IT network of the Swedesboro-Woolwich School District in Gloucester County, New Jersey, has been crippled by ransomware demanding 500 bitcoins, currently worth roughly $122,500.
The District is home to four elementary schools in the area. The schools’ operational activities have been disrupted considerably. E-mail, documents and online resources have been rendered inaccessible. The scheduled Partnership for Assessment of Readiness for College and Careers (PARCC) exams, which are administered online, have been delayed.
Accused Bitcoin Ponzi Operator Trendon Shavers Pleads Not Guilty
The accused operator of the first high profile bitcoin Ponzi scheme, Trendon Shavers, has pleaded not guilty. Arrested last November, he faced up to 40 years in prison, plus fines.
Operating under the alias “pirateat40” in the online forum where he recruited investors, his Texas-based Bitcoin Savings and Trust amassed 764,000 bitcoins. The funds under his care, at the time, comprised a significant proportion of the entire float of bitcoins. He disappeared from the public eye in August 2012 and is accused of transferring 150,649 BTC to a MtGox trading account and misappropriating over $600,000 worth for personal use.
Russian Finance Minister: Bitcoin Ban to Take Effect This Year
Russia’s Deputy Minister of Finance Alexey Moiseev has reportedly told a national banking conference that the country will move to ban Bitcoin this year.
The Ministry of Finance still appears determined to forge ahead with its proposed ban, despite opposition from the Ministry of Economic Development, who pointed out that such a ban also has ramifications for non-cryptocurrency related businesses. The Interior Ministry has said that it will defer to the judgment of the central bank on the matter.
A variety of developments transpired in the cryptocurrency realm this week, perhaps none more groundbreaking than musings surrounding Russia’s potential ban of bitcoin – meanwhile, a NJ school district found itself under siege by ransomware.
“Bitcoin Paradise” Isle of Man Introduces Regulation
Last year, Isle of Man held much promise of becoming the highly sought “Bitcoin paradise”, a standing which a number of other islands subsequently became candidates for.
Authorities pledged support for the industry even when discussing anti-money laundering (AML) measures. They expressed an openness to accepting bitcoin for tax Payments, and a number of free professional services for Bitcoin startups sprung up.
Bitcoin Ransomware Cripples NJ School District, “Operating like its 1981″
The entire IT network of the Swedesboro-Woolwich School District in Gloucester County, New Jersey, has been crippled by ransomware demanding 500 bitcoins, currently worth roughly $122,500.
The District is home to four elementary schools in the area. The schools’ operational activities have been disrupted considerably. E-mail, documents and online resources have been rendered inaccessible. The scheduled Partnership for Assessment of Readiness for College and Careers (PARCC) exams, which are administered online, have been delayed.
Accused Bitcoin Ponzi Operator Trendon Shavers Pleads Not Guilty
The accused operator of the first high profile bitcoin Ponzi scheme, Trendon Shavers, has pleaded not guilty. Arrested last November, he faced up to 40 years in prison, plus fines.
Operating under the alias “pirateat40” in the online forum where he recruited investors, his Texas-based Bitcoin Savings and Trust amassed 764,000 bitcoins. The funds under his care, at the time, comprised a significant proportion of the entire float of bitcoins. He disappeared from the public eye in August 2012 and is accused of transferring 150,649 BTC to a MtGox trading account and misappropriating over $600,000 worth for personal use.
Russian Finance Minister: Bitcoin Ban to Take Effect This Year
Russia’s Deputy Minister of Finance Alexey Moiseev has reportedly told a national banking conference that the country will move to ban Bitcoin this year.
The Ministry of Finance still appears determined to forge ahead with its proposed ban, despite opposition from the Ministry of Economic Development, who pointed out that such a ban also has ramifications for non-cryptocurrency related businesses. The Interior Ministry has said that it will defer to the judgment of the central bank on the matter.
US Prosecutors Recommend 3-Year Prison Sentence for Binance's Changpeng Zhao: Report
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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