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United States Attorney’s Office Opposes Petition From FTX Digital Markets Co-CEO Ryan Salame

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The United States Attorney’s Office has opposed a petition from former FTX Digital Markets co-CEO Ryan Salame to void his guilty plea related to charges of campaign finance violations.

In an Aug. 26 filing with the U.S. District Court for the Southern District of New York, prosecutors stated their intention to oppose Salame’s petition in writing by Sept. 4. Salame’s legal team had filed a petition for a writ of error coram nobis, seeking to have the court overturn Salame’s plea agreement, which had resulted in a 7.5-year prison sentence.

Salame argued that during his plea negotiations, prosecutors implied they would not pursue an investigation into his partner, Michelle Bond. However, on Aug. 22, authorities unsealed an indictment against Bond, charging her with violations of campaign finance laws related to her 2022 campaign for a seat in the U.S. House of Representatives.

“Salame’s petition is premised on the (demonstrably false) allegation that he was induced to plead guilty based on representations by the Government that in exchange for pleading guilty, the Government would cease investigating Bond for conspiring with Salame to commit criminal campaign finance violations,” stated the filing.

Warden announces the Artificial Intelligence Blockchain Interface (AIBI)

Tortola, British Virgin Islands, August 26th, 2024, Chainwire

Warden, the sovereign AI execution network, announced the alpha release of its new artificial intelligence product – the Artificial Intelligence Blockchain Interface (AIBI). 

AIBI brings AI on-chain with an intuitive interface for developers to integrate AI into their applications. Inspired by proof-of-computation and computational pipelines, AIBI allows inference endpoints to create cryptographic proofs that verify that an AI model produced a specific prediction. These proofs are then verified on Wardens’ blockchain through a cutting-edge consensus mechanism, ensuring AI outputs are not just delivered, but can be trusted. 

“AIBI is here to bring truth to AI”, said David Pinger, founder and CEO of Warden Labs. “Broken AI infrastructure had disastrous consequences – factually incorrect, unsafe, opaque and at times outright dangerous recommendations. Trust in AI collapsed at a time when it’s becoming deeper and deeper embedded into our daily lives. AIBI provides the infrastructure to stop this.” “We no longer want to rely on AI “hallucinations”, and with ongoing advancements in AIBI we will put an end to them.”

Thanks to the work done by Wardens’ AI team, led by Dr. Michele Dallachiesa, AIBI is poised to become the standard for AI accuracy, explainability and privacy across both web3 and web2—and everything in-between. AIBI introduces a future where every AI decision is backed by cryptographic proof, ensuring that AI-generated predictions are not only accurate but also explainable and secure. 

AIBI enables a new class of AI applications. To kickstart this new era, Warden is organizing a series of hackathons throughout Q4 2024, designed to inspire and reward developers who create groundbreaking AI-driven experiences using AIBI. Whether it’s dynamic pricing algorithms, sophisticated matching engines, or personalized recommendation systems, the potential applications are limitless.

“Blockchain infrastructure is the best contender to make AI open”, said Antonio Pitasi, founder and CTO of Warden Labs. “We provide truly open AI infrastructure that allows any protocol, application or platform to use AI in a secure way”.”

About Warden Labs

 Since its inception in March 2024, Warden has experienced exponential growth, now processing over one million transactions per month. Warden’s sovereign AI execution engine connects to more than 100 blockchains, enabling any smart contract, protocol, or platform to leverage AI predictions. Warden is set to pioneer a new category of applications at the intersection of AI and web3, while also extending its services to web2 AI use cases.

For more information, users and builders can visit wardenprotocol.org, or can follow on X at @wardenprotocol.

Contact

PR
Andrei S.
Warden Labs Ltd
pr@wardenprotocol.org

Toncoin Plummets as Telegram CEO Pavel Durov Arrested in France

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Telegram CEO Pavel Durov has reportedly been arrested in France on various charges related to his management of the social messaging platform. These claims come from unconfirmed social media posts and unverified press reports.

According to the reports, Durov was taken into custody when his plane landed at Bourget airport near Paris. He allegedly faces charges including terrorism, trafficking, conspiracy, fraud, and money laundering.

Durov was reportedly detained as he disembarked from his private jet arriving from Azerbaijan. French commercial television network TF1, citing unnamed sources, reported that “this search warrant ran if, and only if, Pavel Durov was on national territory.” The network also suggested that Durov typically avoided traveling within Europe, especially to countries “where Telegram is under surveillance.”

In response to the reported arrest, the Toncoin (TON) cryptocurrency, developed by Telegram, experienced a significant drop of more than 10%, falling from an early Aug. 24 high of $6.86 to $5.85 at the time of publication.

Several prominent figures have publicly reacted to the news. American commentator Candace Owens expressed concern, saying, “Do you understand the severity of what is happening yet? Pavel Durov truly believes in free speech and created a platform the deep state doesn’t have access to, so now they have arrested him.”

Former Fox News host Tucker Carlson echoed this sentiment, stating, “Pavel Durov sits in a French jail tonight, a living warning to any platform owner who refuses to censor the truth at the behest of governments and intel agencies,” in a post to his 13.6 million X followers.

This development follows Durov’s April appearance on Carlson’s podcast, where he predicted that increasing government surveillance would drive the creation of secure communication devices modeled after cryptocurrency hardware wallets. “The world is becoming less amenable. Governments are becoming less tolerant of privacy,” Durov said. “That’s clearly the trend because they have more technological power,” he added.

The Open Network (TON) issued an official statement on X, offering assurance to the community without providing specifics about the investigation. “Following the recent news related to Telegram’s founder Pavel Durov, we want to assure everyone that the TON community remains strong and fully operational,” TON stated. “As a community committed to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time,” the statement concluded.

Toncoin Tanks as Telegram CEO Pavel Durov Arrested in France

/

Telegram CEO Pavel Durov has reportedly been arrested in France on various charges related to his management of the social messaging platform. These claims come from unconfirmed social media posts and unverified press reports.

According to the reports, Durov was taken into custody when his plane landed at Bourget airport near Paris. He allegedly faces charges including terrorism, trafficking, conspiracy, fraud, and money laundering.

Durov was reportedly detained as he disembarked from his private jet arriving from Azerbaijan. French commercial television network TF1, citing unnamed sources, reported that “this search warrant ran if, and only if, Pavel Durov was on national territory.” The network also suggested that Durov typically avoided traveling within Europe, especially to countries “where Telegram is under surveillance.”

In response to the reported arrest, the Toncoin (TON) cryptocurrency, developed by Telegram, experienced a significant drop of more than 10%, falling from an early Aug. 24 high of $6.86 to $5.85 at the time of publication.

Several prominent figures have publicly reacted to the news. American commentator Candace Owens expressed concern, saying, “Do you understand the severity of what is happening yet? Pavel Durov truly believes in free speech and created a platform the deep state doesn’t have access to, so now they have arrested him.”

Former Fox News host Tucker Carlson echoed this sentiment, stating, “Pavel Durov sits in a French jail tonight, a living warning to any platform owner who refuses to censor the truth at the behest of governments and intel agencies,” in a post to his 13.6 million X followers.

This development follows Durov’s April appearance on Carlson’s podcast, where he predicted that increasing government surveillance would drive the creation of secure communication devices modeled after cryptocurrency hardware wallets. “The world is becoming less amenable. Governments are becoming less tolerant of privacy,” Durov said. “That’s clearly the trend because they have more technological power,” he added.

The Open Network (TON) issued an official statement on X, offering assurance to the community without providing specifics about the investigation. “Following the recent news related to Telegram’s founder Pavel Durov, we want to assure everyone that the TON community remains strong and fully operational,” TON stated. “As a community committed to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time,” the statement concluded.

Ether to Breach $3,600 Level As Bull Run Prepares to Kick Off

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Ether’s price chart indicates a potential rise to levels not seen since the launch of spot Ether exchange-traded funds (ETFs) in July. However, analysts believe a weekly close at $2,800 is necessary to confirm this move.

“If Ethereum can close a weekly above $2,800, I do think Ethereum is going to see a major push toward this upper $3,500, $3,600 area, which will also propel the alts,” said crypto analyst Matthew Hyland in an Aug. 24 analysis video.

Currently, Ether’s price is trading at $2,758 after hovering around $2,600 since Aug. 17, according to CoinMarketCap. Over the past 24 hours, Ether has increased by 3.35%.

A drop of 6% to $2,600 could liquidate $1.07 billion in long positions, while a similar upward move has traders more confident, with only $400 million at risk, as per CoinGlass data.

Jamie Coutts, Real Vision’s chief crypto analyst, remains optimistic about Ether’s price but insists that a significant move will require increased network activity. “While the conditions for a rally are forming, Ethereum will struggle to rally without a resurgence in activity. Fees are at 4-year lows,” Coutts wrote in an Aug. 23 X post. He noted that layer-2 network adoption “has been strong,” and global liquidity “is turning higher.”

Not all analysts share this optimism. Boomer Saraga, founder and CEO of Khelp Financial, argued that Ethereum’s on-chain activity suggests the network is nearing peak performance, with the price lagging. “From a fundamental standpoint, Ethereum is reaching all-time highs, and I expect the price to follow,” Saraga stated.

Despite the launch of spot ETFs in the U.S., Ether’s price has been in a significant downtrend, falling 19.72% since July 25.

Veteran trader Peter Brandt recently discussed two scenarios for Ether’s price action based on chart patterns: a five-month rectangle and a rising wedge. The first scenario suggests that Ether could rise above $2,960, providing an ideal exit for long positions. The second scenario involves a breakdown of the rising wedge, continuing the downtrend and potentially bringing Ether down to $1,650, the bearish target of the rectangle.

Ethereum to Breach $3,600 Level As Bull Run Prepares to Kick Off

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Ether’s price chart indicates a potential rise to levels not seen since the launch of spot Ether exchange-traded funds (ETFs) in July. However, analysts believe a weekly close at $2,800 is necessary to confirm this move.

“If Ethereum can close a weekly above $2,800, I do think Ethereum is going to see a major push toward this upper $3,500, $3,600 area, which will also propel the alts,” said crypto analyst Matthew Hyland in an Aug. 24 analysis video.

Currently, Ether’s price is trading at $2,758 after hovering around $2,600 since Aug. 17, according to CoinMarketCap. Over the past 24 hours, Ether has increased by 3.35%.

A drop of 6% to $2,600 could liquidate $1.07 billion in long positions, while a similar upward move has traders more confident, with only $400 million at risk, as per CoinGlass data.

Jamie Coutts, Real Vision’s chief crypto analyst, remains optimistic about Ether’s price but insists that a significant move will require increased network activity. “While the conditions for a rally are forming, Ethereum will struggle to rally without a resurgence in activity. Fees are at 4-year lows,” Coutts wrote in an Aug. 23 X post. He noted that layer-2 network adoption “has been strong,” and global liquidity “is turning higher.”

Not all analysts share this optimism. Boomer Saraga, founder and CEO of Khelp Financial, argued that Ethereum’s on-chain activity suggests the network is nearing peak performance, with the price lagging. “From a fundamental standpoint, Ethereum is reaching all-time highs, and I expect the price to follow,” Saraga stated.

Despite the launch of spot ETFs in the U.S., Ether’s price has been in a significant downtrend, falling 19.72% since July 25.

Veteran trader Peter Brandt recently discussed two scenarios for Ether’s price action based on chart patterns: a five-month rectangle and a rising wedge. The first scenario suggests that Ether could rise above $2,960, providing an ideal exit for long positions. The second scenario involves a breakdown of the rising wedge, continuing the downtrend and potentially bringing Ether down to $1,650, the bearish target of the rectangle.

How does the BitHide crypto wallet for business help companies work with cryptocurrencies safely and conveniently?

“I want to control my funds”, “I want to reduce the risk of asset blocking”, “I need to set up automatic withdrawals to cold wallets and make mass payments”, “I want the wallet IP address to be protected and not fall into the hands of intruders”, “I need to generate and download balance reports”, “I want my transactions to be untrackable by competitors”. 

These are the needs that entrepreneurs convey when choosing a crypto wallet for business. The BitHide team has found an effective solution to each of them. In the article, we will tell you more about the product and its capabilities.

BitHide is a secure crypto wallet
To calmly develop your business, you need to be sure that your crypto assets are securely stored: they will not be stolen, blocked, and access to them will not be lost if something happens to the wallet. The issue of the safety of funds with BitHide is solved in several ways.

User seed phrase
An entrepreneur is the real owner of his crypto assets only if he has a mnemonic phrase. Therefore, when he first logs into his BitHide crypto wallet, he receives a seed phrase. This guarantees the ability to restore access to funds if it is lost for some reason.

Non-custodial product
The wallet software is installed on a server controlled only by the client. This eliminates threats to the company’s independence and the influence of third parties on the management of its finances.

Masking the real IP address of the wallet
The default anonymity of cryptocurrencies has long been a myth. Attackers and corporations obtain IP addresses of participants in crypto transactions by placing their nodes around the world. It is extremely undesirable for a business to disclose a real IP address. Once hackers have it, they can easily reveal the physical location of the server, which means they can get the company’s cryptocurrency.

BitHide solves this problem with Dark Wing technology, which is a combination of VPN and Tor. The former ensures effective synchronization with the public node, while the latter reliably hides the IP address. With Dark Wing, the node receives a three-times changed address, making it almost impossible to figure out the real one

Reliable data encryption
Each wallet owner receives a unique 512-bit key. It provides reliable data protection: it encrypts the wallet usage history, and it is also used as a password for logging in.

Reducing the risk of blocking funds through built-in risk checking
When choosing a crypto wallet, you need to check whether it provides the ability to quickly check assets for risk level. Built-in AML verification functionality will help avoid mixing funds with different risk levels and make informed decisions about which addresses to send cryptocurrency to exchanges or exchangers from. Thus, the risk of getting assets blocked by the latter will be significantly reduced.

In BitHide, the user can check addresses automatically when receiving funds, or manually when necessary or before sending. In addition, he himself sets the percentage ranges for each of the risk levels in the wallet settings, and in the “Portfolio” section can see all the cryptocurrencies sorted by a given risk level.

BitHide — convenient management of a crypto wallet
Security is a critical issue, however, if a product does not offer a convenient set of tools for working with cryptocurrency financial flows, it will be extremely difficult to use it in business. BitHide clients do not even notice that they interact with cryptocurrency assets, not fiat ones, the interface is so convenient and the set of functions is sufficient.

The ability to create multiple subwallets and addresses

This eliminates confusion when working with different profit centers. Financial flows become more transparent, and their management is easier. In addition, you can leave comments and notes on addresses and individual transactions, for example, describe the goal, project, department or counterparty. This makes it easier to prepare reports and simplifies the audit process.

Multi-access
In BitHide, you can involve as many employees as needed, providing everyone with different levels of access. 

Convenient work with reporting and accounting
Users can make balance and turnover reports with recording the purpose of payments and cryptocurrency conversion rates upon crediting, and also download them to a computer in excel or csv formats.

Automatic withdrawals and mass payments
In order not to store significant amounts in a hot wallet, it is important to set up automatic withdrawals that will occur when a certain amount has accumulated. Automatic withdrawals can be one-time or permanent, to one wallet address or many

Companies often need to make mass payments, such as employee salaries. BitHide makes it as convenient as possible: you just need to create a table with addresses and amounts to transfer on your computer, then upload it to your crypto wallet and send funds to everyone in one click.

Prompt technical support
It is important to be able to resolve any issue regarding the operation of the product by communicating with a technical support specialist. Bithide users have this opportunity.

Conclusion
The BitHide crypto wallet effectively solves business problems in working with cryptocurrencies, and also meets the main needs of companies. With it, using cryptocurrency becomes truly safe, confidential and convenient.

Start developing your business at full capacity, stopping wasting resources on endlessly overcoming obstacles in working with tools that are not intended for companies.

Visiion.io Launches Premium Boutique Cryptocurrency Exchange, Offering Traders Unparalleled Experience

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Visiion.io, an innovative new player in the cryptocurrency market, announced the launch of its boutique cryptocurrency exchange platform. In the increasingly congested cryptocurrency exchange industry, Visiion.io presents itself as the go-to option for professional traders and investors looking for a more polished and trustworthy trading environment. Visiion.io  wants to revolutionize the crypto trading scene by providing direct member support, clear fee structures, and a well-chosen portfolio of digital assets.

The platform has a variety of features tailored to the demands of discriminating cryptocurrency traders. Users may experience ultra-fast crypto trading with instant execution and real-time price updates, allowing them to buy and sell Bitcoin, Ethereum, and other leading cryptocurrencies at lightning speed. Visiion.io also gives users access to a well-chosen digital asset collection, allowing for more precise trading. The platform’s user-friendly, clutter-free interface appeals to both rookie and experienced traders while prioritizing asset safety through powerful security mechanisms. 

The four straightforward stages of the Visiion.io platform make cryptocurrency trading simple. First, users just need to provide a few pieces of information to register and create their trading profile swiftly. The second benefit is that buying cryptocurrency is simple and intuitive. Additionally, the platform offers live price movement and real-time trading, enabling high-profit trades from any location. Finally, users may see their investments increase using astute and strategic trading insights from Visiion’s professionals.

Visiion.io provides a number of value-added services in addition to its fundamental trading features. For new cryptocurrency projects wishing to introduce their tokens, the Visiion.io Launchpad offers a complete solution that includes professional advice, technical support, and legal assistance. Another facet of the platform is a multi-level referral program, an inventive incentive system that lets users earn commissions for introducing new traders. Benefits accrue over several levels of referrals.

In light of its debut, Visiion.io now provides new customers with a $500 sign-on bonus, demonstrating the company’s dedication to drawing in and rewarding serious traders. This deal is a component of Visiion’s larger plan to become a leading player in the cryptocurrency exchange industry.

“At Visiion, we’re committed to offering a flawless trading environment for our users,” Riju Ramchandran, VP of operations added. “We comply with all relevant regulations to ensure our clients’ investments are safe and secure. Our mission is to deliver an unmatched and secure cryptocurrency trading experience that is accessible to both novices and professionals alike.”

As the cryptocurrency industry evolves, Visiion.io is ready to establish new benchmarks for trading technology, user experience, and customer support. The trading company welcomes interested investors and traders to explore the platform and see the future of cryptocurrency trading. 

Visiion.io is more than just another cryptocurrency exchange; it is a close-knit community of blockchain enthusiasts, crypto specialists, and innovators that believe in complete decentralization. The platform aims to realize blockchain technology’s disruptive potential and influence on the financial industry. 

About Visiion.io

Visiion.io is a high-end, specialized cryptocurrency exchange platform that aims to give discriminating investors the best possible trading environment. Established by financial specialists and blockchain enthusiasts, Visiion.io offers a safe, effective, and intuitive trading environment by fusing cutting-edge technology with individualized support. As the top option for professional cryptocurrency traders and investors, Visiion.io is dedicated to openness, innovation, and client happiness.

Contact

Name: Vision Advisor

Email: advisoram@visiion.io

Company: Visiion.io Crypto Exchange

Website: https://visiion.io/

PlayFi’s Genesis Node Sale Sells Out in Under 24 Hours, Signals Demand for Decentralized Content Network

New York City, New York, August 23rd, 2024, Chainwire

PlayFi, an AI-powered data network and blockchain tailored for the live content industry, announces its Genesis Node Sale sold out in under 24 hours. The sale, which took place on August 14, 2024, was a necessity to power its network strength and growth, after seeing over 70K transactions in just one week. The exclusive, small-batch offering consisted of 1,000 nodes priced at $400. The quick sell out signals promise of an eager community and anticipation for PlayFi’s network, which will make its debut on Mainnet in coming months. 

While PlayFi’s main node sale will take place later in 2024, the need for the Genesis Node Sale was apparent after the network’s surge in activity. These nodes power PlayFi’s network and are necessary to expand the network’s capacity. Genesis nodes serve as a critical piece to the network infrastructure for AI processing, data management and storage, and to ensure consistency across the entire protocol. 

“Selling out our first node sale in under 24 hours was an amazing signal from the community that they believe in our vision and understand the importance of nodes to grow the network,” said Ben Beath, founder of PlayFi. “While this node sale helps kickstart our network, participants are also having a direct impact on the future of live content. We’re thrilled to see that we have supporters who understand and believe in the same mission that PlayFi does to create a more powerful live content ecosystem.” 

The success of the Genesis Node Sale not only validates the need for a robust and scalable network but also highlights the community’s strong engagement with PlayFi’s vision. As more nodes come online, the network’s ability to handle high transaction volumes and support complex live content applications will only grow stronger.

PlayFi is the first AI and data platform to enable web3 features to be built on top of live content. The protocol bridges the gap between content and actionable data, with infrastructure that allows studios and creators to seamlessly integrate blockchain primitives on top of games, streams, sports and entertainment content. PlayFi’s proprietary AI models extract data from content in realtime, validating it for authenticity and storing it on a high-availability data-edge network.

Find out more about PlayFi’s nodes at https://www.playfi.ai/nodes and stay up to date with the latest news by following PlayFi on X. 

About PlayFi

PlayFi is transforming the live content landscape by seamlessly integrating advanced blockchain technology and AI. Utilizing our secure, scalable zkEVM blockchain, PlayChain, and AI-driven decentralized network, PlayBase, we offer fast transactions, innovative content development, and enhanced live content experiences. PlayFi empowers content creators, developers, node runners, and studios to unlock new revenue streams and build category-defining experiences without compromising core engagement. Adopters include leading content creators and developers aiming to create a richer, web3-enhanced live content environment. Backed by top-tier investors and partners, PlayFi is building a more connected, secure, and vibrant content economy. Learn more: playfi.ai.

Contact

Sr. PR Manager
Leslie Termuhlen
Serotonin
leslie@serotonin.co

El Salvador’s National Bitcoin Office Announces New Bitcoin Certification

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El Salvador’s National Bitcoin Office (ONBTC) has initiated a comprehensive training program to educate and certify 80,000 government employees on Bitcoin. The Bitcoin-friendly nation aims to equip public servants with essential knowledge on the strategic management and public policies surrounding Bitcoin.

This extensive 160-hour virtual and asynchronous training, known as Certification in Public Administration 1, is structured into seven modules. Each module covers various concepts, laws, skills, and management techniques related to the use of Bitcoin as legal tender.

Stacy Herbert, director of ONBTC, anticipates that educating civil servants will have a “compounding effect” on El Salvador’s Bitcoin-driven economy. She plans to introduce more educational initiatives, emphasizing the importance of these long-term commitments to the country’s success. “These education projects are very low time preference commitments to the long-term success of El Salvador and its Bitcoin (and tech) policy,” Herbert stated.

The Bitcoin certification program is conducted by the Higher School of Innovation in Public Administration (ESIAP), an institution inaugurated by President Nayib Bukele in August 2021. According to ONBTC, also known as “The Bitcoin Office,” the curriculum is specifically designed “to strengthen the standard of excellence in governance and public administration in El Salvador.”

El Salvador’s success with Bitcoin adoption has attracted the attention of other nations, particularly those grappling with hyperinflation. In May, Argentina began collaborating with El Salvador to learn from its experience with Bitcoin adoption and other cryptocurrency activities.

Argentina’s securities regulator, the National Securities Commission (CNV), met with El Salvador’s National Commission of Digital Assets (CNAD) to discuss strategies for crypto adoption and regulation in both countries.

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