Former FTX CEO Denies Attempt to Influence Witness in Court Filing

• Sam Bankman-Fried, former CEO of FTX, has denied allegations that he attempted to influence a potential witness.
• U.S. Attorney for the Southern District of New York Damian Williams has accused Bankman-Fried of contacting the FTX US General Counsel, Ryne Miller, via encrypted messaging app Signal.
• Williams stated that Miller may be a witness at trial and that Bankman-Fried attempted to influence Miller’s testimony.

Sam Bankman-Fried, the former CEO of the cryptocurrency trading platform FTX, has come under fire recently after U.S. Attorney for the Southern District of New York Damian Williams accused him of trying to influence a potential witness. In a Jan. 27 court filing, Williams suggested that Bankman-Fried had contacted the FTX US General Counsel, Ryne Miller, via encrypted messaging app Signal.

Williams noted that Miller has information that could incriminate Bankman-Fried, such as his presence at FTX around the time of the company’s collapse and his participation in online company groups. In the Jan. 15 message to Miller, Bankman-Fried wrote: “I would really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other.” This statement has been interpreted by Williams as an attempt to influence Miller’s testimony.

In response to the allegations, Bankman-Fried has denied that he tried to sway the witness, saying that he was merely trying to reach out and form a constructive relationship. He also noted that he was not aware at the time that Miller may have been a potential witness.

Williams has requested that the court impose restrictions on Bankman-Fried’s communications, including the restriction of any contact with Miller. He has also requested that Bankman-Fried be prevented from discussing the case with anyone other than his attorney. The court has yet to decide on these requests.

Meanwhile, Bankman-Fried awaits the court’s decision with anticipation as the allegations have caused significant damage to his reputation. If the court decides to implement the restrictions requested by Williams, it could have serious consequences for Bankman-Fried and his future endeavors.

Bitcoin and Gold Reach One-Year High Correlation: Is Bitcoin the New Digital Gold?

• Bitcoin and gold have the highest correlation in over a year, with a 93% correlation.
• Gold is approaching its all time high, and the dust from the FTX collapse has settled.
• Bitcoin is seen as digital gold due to its fundamentals of supply and demand.

Amidst the ever-changing Bitcoin ecosystem, one narrative that remains constant is the notion of Bitcoin as digital gold due to its fundamentals of supply and demand. Over the past year, this correlation has been demonstrated in the market, with Bitcoin and gold having a significant correlation throughout 2022.

Recently, this correlation has reached a one-year high of 93%, while gold is on the brink of breaking out to an all-time high. This surge may be due to the dust settling from the FTX collapse, which had nothing to do with Bitcoin other than FTX holding Bitcoin on its balance sheet. Analysts believe this correlation could represent a shift in the global economy, where Bitcoin is seen as a safe-haven asset and a viable alternative to gold.

The potential of Bitcoin as an alternative to gold is further evidenced by the market’s response to the FTX collapse. When the news broke, Bitcoin’s correlation with gold dropped significantly, highlighting its resilience and potential as a safe-haven asset. This resilience is further evidenced by the fact that Bitcoin has not been affected by the recent US-China tensions and the US election, both of which have had an impact on gold prices.

While it is possible that this correlation could be a short-term blip, it is worth noting that Bitcoin is increasingly being seen as a viable alternative to gold. With gold reaching its all-time high, Bitcoin could prove to be a more attractive option for investors who are looking for a safe-haven asset with more upside potential. As such, it will be interesting to see if this correlation continues over the coming months and years.

DCG Struggles to Raise Funds to Cover Genesis‘ $3B Debt

Bullet Points:
– Digital Currency Group (DCG) is struggling to raise funds in order to cover Genesis‘ $3 billion debt burden.
– DCG is attempting to liquidate its venture capital holdings in order to raise funds, however external funding attempts have failed so far.
– DCG has invested in a range of companies such as Coinbase, Kraken, Chainalysis, Decentraland, Circle, and Dapper Labs.

DCG, the parent company of crypto lender Genesis, is in a scramble to raise funds in order to cover the lender’s $3 billion debt burden. According to a Financial Times report on Jan. 12, citing sources familiar with the matter, Genesis owes $900 million to users of Gemini’s Earn program, over $303 million to Dutch exchange Bitvavo, as well as money to users of crypto savings firm Donut.

In an attempt to cover the debt, DCG is attempting to liquidate its venture capital holdings, which are estimated to be worth $500 million. Although this is far less than the amount owed, it is the only option the company has right now. Talks with investment bank Moelis to explore other options have been unsuccessful, and external funding attempts have also failed.

DCG has invested in a range of companies and projects over the years. Some of the most notable investments include exchanges Coinbase and Kraken, crypto investigation platform Chainalysis, Decentraland, USD Coin (USDC) issuer Circle, and Dapper Labs, the firm behind NBA Top Shots and CryptoKitties non-fungible token (NFT) collections. The company also invested $250,000 in the now-defunct crypto exchange FTX in July 2021.

It remains to be seen whether DCG will be able to raise the funds necessary to cover Genesis‘ debt burden. As of now, the company will have to rely on its venture capital holdings, which seem to be a far cry from the amount owed. If DCG is unable to raise the funds necessary, it is likely that Genesis will have to default on its debt obligations, which could have serious consequences for the crypto industry as a whole.

Fantom Foundation Reduces Burn Rate to Reward dApp Developers

• Fantom Foundation has received approval to reduce the burn rate from 20% to 5%.
• Eligible developers will receive about 15% of the transaction fees generated from their dApps.
• To be eligible for the affiliate rewards, the dApp must have existed on the Fantom Opera network for up to 3 months and completed over 1 million transactions.

The Fantom Foundation recently achieved an important milestone in its journey to offer developers a better experience on its blockchain network. The foundation has received approval to reduce the burn rate from 20% to 5%, so as to allocate the remaining as reward to high-performing dApps. This means that eligible developers on the Fantom network will receive up to 15% of the transaction fees generated from their dApps.

The gas monetization model is in line with the ad monetization model common to Web2 giants such as YouTube, which allocates up to 55% of ad revenue to creators. The Fantom Foundation announced on Dec. 4, that it has received approval to implement the gas monetization model. To be eligible for the affiliate rewards, the dApp must have existed on the Fantom Opera network for up to 3 months and completed over 1 million transactions.

The goal of the incentivization model is to further reward developers for their contributions to the growth of the Fantom network. It also helps to encourage more developers to build on the network, as they are assured of a stable income stream. The Fantom Foundation will continually adjust the eligibility criteria as the need arises, so as to curb spammy and clunky dApps looking to exploit the gas monetization model.

The approval of the gas monetization model is a major step in the right direction for developers on the Fantom network. It will open up new opportunities for developers to participate in the growth of the network and make a living from the applications they build. In addition, it will also give developers more financial security and stability, as they are assured of a revenue stream from the network.

Overall, the new gas monetization model is a win-win for both the Fantom Foundation and for developers on the network. The Fantom Foundation is committed to providing developers with the necessary support and resources to build successful applications on the network, and this approval is a testament to that commitment.

Revolutionizing Money: Global Move Towards CBDCs Gains Momentum

• G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
• China’s CBDC pilot is set to expand to most of the country in 2023 — currently reaching 260 million people, according to the AC.
• Over 20 countries are set to take significant steps towards piloting a CBDC in 2023, including Australia, Thailand, Brazil, India, South Korea, and Russia.

The global move towards central bank digital currencies (CBDCs) has continued to gain momentum in the past few years. According to the Atlantic Council (AC), all G7 economies had moved into the development stage of a CBDC by December 2022. In addition, over 20 countries are set to take significant steps towards piloting a CBDC in 2023, including Australia, Thailand, Brazil, India, South Korea, and Russia.

The AC’s December 2022 report also found that 11 countries had fully launched a digital currency, while a further 17 were in the pilot phase, with 72 in the research and development phase. China’s CBDC pilot is set to expand to most of the country in 2023 — currently reaching 260 million people, according to the AC.

The adoption of CBDCs is seen by many as a way to improve cross-border payments, mitigate financial crime, increase financial inclusion and address risks posed by other forms of digital currency. The Bank of England, Federal Reserve Bank of New York, Monetary Authority of Singapore and central banks in Spain and Switzerland are some of the institutions that have already launched their own CBDCs.

In December 2022, the governor of India’s central bank also expressed a strong interest in pursuing a CBDC. This sentiment was echoed in the AC’s report, which noted that CBDCs „will increasingly become central to the future of global payments and the global financial system.“

The AC’s report highlighted the need for CBDCs to be designed carefully, with attention paid to security, privacy and scalability. It also suggested that CBDCs should be tailored to the needs of individual countries, and that their development should be closely monitored by governments.

The report concluded that CBDCs have the potential to revolutionize the way money is used, both domestically and internationally. As more countries move into the development phase of CBDCs, the global financial system is likely to undergo a significant transformation.

Altcoins ATOM & SOL Outperform Bitcoin with Impressive Returns

• ATOM and SOL have outperformed BTC in terms of returns over the past two weeks.
• Cosmos has risen around 15% compared to BTC while Solana has beaten BTC returns by almost 8%.
• Price movements of ATOM and SOL have been largely influenced by their ties with FTX and its founder Sam Bankman-Fried.

Cryptocurrency markets have been highly volatile in recent weeks, with Bitcoin (BTC) leading the way. However, two altcoins, Cosmos (ATOM) and Solana (SOL), have managed to outperform the market leader by a considerable margin. Over the past two weeks, ATOM and SOL have seen impressive returns compared to BTC.

Cosmos, the 16th largest cryptocurrency by market capitalization, has been the star performer over the past two weeks with returns of around 15% compared to BTC. The token, which is currently trading at around $10.09, is up around 9.52% over the past week. The reason for the surge in price could most likely be attributed to the launch of its incentivized testnet, Stargate. The network upgrade is expected to bring a number of new features such as support for Inter Blockchain Communication (IBC) and improved scalability.

Solana, the 20th largest cryptocurrency by market capitalization, has also seen impressive gains over the past two weeks. Despite a significant dip on Dec. 29, 2022, SOL has managed to beat BTC returns by around 8%. The token, which is currently trading at around $19.37, is up 6.17% over the past week. The recent surge in price could be attributed to its ties with FTX and its founder Sam Bankman-Fried (SBF). SBF and his hedge fund Alameda Research were early backers of Solana.

It is worth noting that both ATOM and SOL have experienced significant volatility throughout the past two weeks. On Dec. 29, SOL price tanked by more than 30% compared to BTC, hitting a low of around $8.26. Similarly, ATOM had a volatile start in January, with returns mirroring that of BTC before rising sharply on Dec. 27.

Looking ahead, it remains to be seen if ATOM and SOL can maintain their impressive returns over the next few weeks. With the cryptocurrency market in a state of flux, any major developments in the space could have a significant impact on the price movements of these tokens.

White House Discusses Pandemic Prevention and Cryptocurrency

• The White House press secretary Karine Jean-Pierre said that Sam Bankman-Fried’s meetings at the White House were focused on pandemic prevention-related matters, as well as cryptocurrency and crypto exchanges.
• She also noted that the administration has been clear about the need for Congress to take action when it comes to addressing cryptocurrency.
• The meetings may have concerned the FTX Future Fund, which donated $1.5 million to Stanford University for pandemic prevention, or the non-profit organization Guarding Against Pandemics.

The White House recently held meetings with Sam Bankman-Fried, the former CEO of FTX, to discuss pandemic prevention and cryptocurrency. Karine Jean-Pierre, the White House press secretary, said that the meetings were focused on pandemic prevention-related matters as well as cryptocurrency and crypto exchanges.

Jean-Pierre did not specify which foundation was discussed at the meetings, but it’s possible that it was the FTX Future Fund, which donated $1.5 million to Stanford University for pandemic prevention. Additionally, Gabriel Bankman-Fried, Sam Bankman-Fried’s brother, may have been present at some of the meetings. Gabriel Bankman-Fried once ran a non-profit organization called Guarding Against Pandemics.

Jean-Pierre mentioned that the Biden administration has been clear about the need for Congress to take action when it comes to addressing cryptocurrency. She said, „The administration has been clear about the need for Congress to take action…when we talk about addressing cryptocurrency.“

The White House meetings may have been beneficial for the cryptocurrency industry as a whole, as it indicates the Biden administration is open to discussing the topic. While the meetings were focused on pandemic prevention, the fact that cryptocurrency and crypto exchanges were also discussed is encouraging for the industry. It remains to be seen what action Congress may take in the future, but for now, it’s clear that the Biden administration is open to engaging with the cryptocurrency industry.

Mafia 3 Absturz beim Start von Windows 10

In dieser Anleitung werden wir Ihnen zeigen, wie Sie den Startabsturz von Mafia 3 unter Windows 10 beheben können.

Mafia III ist ein Top-End-Spiel, das auf Xbox, PS4 und PC gespielt werden kann. Spieler, die Mafia III auf ihrem PC spielen, haben sich jedoch über einen ziemlich hartnäckigen Fehler beschwert, der das Spiel beim Starten abstürzen lässt.

Um diesen Fehler zu beheben, wenn er auf deinem PC auftritt, versuche die folgenden Lösungen.

Wie man den Absturz von Mafia 3 beim Start von Windows 10 behebt

Der Absturz beim Spielstart ist ein großes Problem für Mafia III-Spieler, insbesondere für diejenigen, die das Spiel auf dem PC spielen. Und obwohl 2K Games (der Entwickler von Mafia 3) eine gepatchte Version versprochen hat (schon seit über zwei Jahren), bleibt dieser Fehler ein lästiges Problem.

Wie auch immer, hier sind einige Lösungen, die du ausprobieren kannst:

Lösung 1: Überprüfen Sie die Integrität des Cache

Der Startfehler könnte bedeuten, dass das Spiel nicht vollständig installiert wurde. Überprüfen Sie daher die Integrität des Caches und beheben Sie ihn gegebenenfalls.

Um dies zu tun

Starten Sie Steam und navigieren Sie zu Ihrer Spielebibliothek“.
Suchen Sie „Mafia III“ und klicken Sie mit der rechten Maustaste darauf.
Wählen Sie „Eigenschaften“ > „Lokale Dateien“ (Registerkarte).
Klicken Sie auf „Integrität des Spiele-Caches überprüfen“ und warten Sie dann, bis der Vorgang abgeschlossen ist.
Wenn es einen fehlenden Schlüssel oder fehlerhafte Installationsbestandteile gibt, wird Steam sie entsprechend reparieren und aktualisieren.

Wenn der Fehler danach weiterhin besteht, kannst du den Cache löschen: Starte Steam > Einstellungen > Downloads > Download-Cache löschen.

Lösung 2: Visual Studio Update – 2015 neu installieren

Dies ist ein Update für Windows 10, und wenn es fehlt oder fehlerhaft ist, kann es zu Spielabstürzen wie diesem kommen. Versuchen Sie also, das „Redistributable Pack“ (Visual C++) von Ihrem PC zu entfernen.

Nachdem Sie das Paket entfernt haben, installieren Sie das Update erneut. Starten Sie dann Mafia III und prüfen Sie, ob das Spiel beim Start immer noch abstürzt.

Lösung 3: Mit lokalem Konto anmelden
Wenn der Fehler weiterhin besteht, kannst du dich mit einem „Lokalen Konto“ bei Windows anmelden (anstelle eines Microsoft-Kontos):

Gehen Sie zu Einstellungen > Konten > Ihre Daten > Melden Sie sich stattdessen mit einem lokalen Konto an.
Prüfen Sie, ob dies den Fehler behebt.

Abschließender Hinweis

Bevor Sie eine der oben genannten Korrekturen ausführen, stellen Sie sicher, dass Ihr Windows 10-PC die Anforderungen des Spiels an Grafikkarte, Prozessor, Arbeitsspeicher und Speicher erfüllt. Stellen Sie außerdem sicher, dass Ihre Grafiktreiber auf dem neuesten Stand sind.

Hoffentlich konntest du das Problem mit dem Absturz von Mafia 3 beim Start von Windows 10 lösen? Lass es uns wissen, indem du unten kommentierst.

Unbekanntes USB-Gerät, Deskriptoranforderung fehlgeschlagen Fehler auf Windows-Computern

In diesem Beitrag werden wir die möglichen Lösungen zur Behebung des Fehlers Unbekanntes USB-Gerät (Deskriptoranforderung fehlgeschlagen) erklären. Der USB-Geräte-Deskriptor enthält Informationen über die USB-Geräte. Diese Informationen helfen Windows, die angeschlossenen USB-Geräte zu identifizieren. Wenn der USB-Geräte-Deskriptor nicht richtig funktioniert oder beschädigt ist, kann Windows die angeschlossenen USB-Geräte nicht identifizieren. In diesem Fall wird die folgende Fehlermeldung auf dem Bildschirm angezeigt:

Unbekanntes USB-Gerät (Anforderung des Gerätedeskriptors fehlgeschlagen)

Wenn dieser Fehler auf Ihrem System auftritt, können Sie ihn schnell beheben:

Trennen Sie Ihr USB-Gerät vom USB-Anschluss und schließen Sie es erneut an.
Stecken Sie Ihr USB-Gerät in einen anderen USB-Anschluss Ihres Computers.
Starten Sie Ihren Computer neu.
Wenn Sie einen anderen Computer haben, schließen Sie Ihr USB-Gerät an dessen USB-Anschluss an. So können Sie feststellen, ob Ihr USB-Gerät ordnungsgemäß funktioniert oder nicht.
Einige Benutzer haben sich auch darüber beschwert, dass ihr USB-Gerät gut funktioniert, wenn sie es an einen der USB 2.0-Anschlüsse anschließen, aber wenn sie es an den USB 3.0-Anschluss anschließen, tritt der Fehler auf. Dies ist kein großes Problem, da einige USB-Geräte an den USB 3.0-Anschlüssen aufgrund von Signalisierungs- und Zeitproblemen nicht funktionieren. In diesem Fall empfehlen wir, das USB-Gerät weiter zu verwenden, indem Sie es an den USB 2.0-Anschluss anschließen.
Wir haben bereits gesehen, wie man die Fehlermeldung Unbekanntes USB-Gerät, Adresse setzen fehlgeschlagen behebt.

Die hier aufgeführten Lösungen können Ihnen helfen, diesen Fehler zu beheben, aber bevor Sie fortfahren, lassen Sie uns sehen, was die Ursachen für diesen Fehler sind.

Warum schlägt meine USB Device Descriptor Request fehl?

Dieser Fehler kann auf Ihrem System aus einem oder mehreren der folgenden Gründe auftreten:

Die USB-Treiber sind beschädigt oder veraltet.
Das USB-Gerät, das Sie an den Computer angeschlossen haben, hat eine Fehlfunktion.
Windows ist nicht in der Lage, die Beschreibung des USB-Geräts zu finden.
Der USB-Anschluss Ihres Systems ist defekt oder weist möglicherweise fehlerhafte Sektoren auf.
Unbekanntes USB-Gerät beheben Deskriptor-Anforderung fehlgeschlagen
Um den Fehler USB\DEVICE_DESCRIPTOR_FAILURE im Gerätemanager von Windows 11/10 zu beheben, müssen Sie eine der folgenden Abhilfemaßnahmen ergreifen:

Schließen Sie das USB-Gerät direkt an Ihren Computer an.
Prüfen Sie, ob der Fehler aufgrund von Störungen auftritt.
Führen Sie die Problembehandlung für Hardware und Geräte aus.
Deaktivieren Sie andere USB-Gerätetreiber nacheinander.
Installieren Sie die Universal Serial Bus Controllers neu.
Aktualisieren Sie den USB Root Hub.
Installieren Sie die neuesten Chipsatztreiber von der Website Ihres Motherboard-Herstellers.
Deaktivieren Sie die Funktion Selektives Anhalten.
Deinstallieren Sie das Windows-Update.

1] Schließen Sie das USB-Gerät direkt an Ihren Computer an
Wenn Sie einen externen USB-Hub verwenden, um USB-Geräte anzuschließen, und eines der an den Hub angeschlossenen USB-Geräte diesen Fehler anzeigt, empfehlen wir Ihnen, dieses Gerät vom USB-Hub zu trennen und es direkt an den USB-Anschluss Ihres Computers anzuschließen.

2] Prüfen Sie, ob der Fehler aufgrund von Interferenzen auftritt
Eine mögliche Ursache für diesen Fehler ist das Interferenzproblem zwischen den USB 2.0- und 3.0-Ports. Es tritt vor allem dann auf, wenn sowohl drahtlose als auch kabelgebundene USB-Geräte an die USB-Anschlüsse 2.0 und 3.0 angeschlossen sind, die sich auf derselben Seite befinden. Wenn dies bei Ihnen der Fall ist, empfehlen wir Ihnen, das drahtlose Gerät zu trennen und dann das kabelgebundene USB-Gerät nacheinander an beide USB-Anschlüsse anzuschließen.

Wenn dies den Fehler behebt, empfehlen wir Ihnen, das drahtlose Gerät und die anderen USB-Geräte an die USB-Anschlüsse auf der gegenüberliegenden Seite Ihres Laptops anzuschließen. Desktop-Benutzer können die vorderen und hinteren USB-Anschlüsse für dasselbe verwenden.

3] Führen Sie die Problembehandlung für Hardware und Geräte aus

Das Tool zur Problembehandlung für Geräte und Hardware in Windows 10 hilft bei der Behebung von Hardware-Problemen. Daher kann die Ausführung dieses Tools den Fehler „Unknown USB Device Descriptor Request Failed“ (Unbekanntes USB-Gerät – Deskriptoranforderung fehlgeschlagen) beheben. Das Tool für die Hardware- und Geräteproblembehandlung fehlt in der Windows-Einstellungen-App. Um es zu starten, müssen Sie daher den folgenden Befehl in die Eingabeaufforderung eingeben und die Eingabetaste drücken.
msdt.exe -id Gerätediagnose

The traditional Swiss bank is now offering crypto currencies

Bordier & Cie is the next established financial institution to get into cryptocurrency trading.

The traditional Swiss private bank Bordier & Cie, which has been on the market for more than 170 years, has entered into a partnership with the Swiss crypto bank Sygnum to enable its corporate customers to buy crypto currencies

Thanks to the integration of the business-to-business (B2B) banking platform from Sygnum, the crypto currencies Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Tezos (XTZ) can also be purchased via Bordier in the future.

As stated in the related announcement , this step will lay the „foundation for a wider range of regulated products and services for digital assets“. Evrard Bordier, managing partner of Bordier & Cie, adds:

„Thanks to our partnership with Sygnum Bank, we offer our customers a holistic solution and at the same time enable them to invest in this new, high-growth asset class with complete confidence.“

The decisive driving force behind the integration of cryptocurrencies is increased demand from customers who want to diversify their portfolios with the new asset class. In particular, the low correlation to the traditional financial markets is an important characteristic that makes cryptocurrencies an “effective instrument for improving diversification and achieving extraordinary risk-adjusted returns”.

Geneva-based Bordier & Cie was founded in 1884 and is now in the fifth generation of the Bordier family. The Swiss bank is the next established financial institution to venture into the crypto market in 2021. A clear sign that traditional finance is increasingly enjoying the innovative industry.

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