News list for " method"
According to the official announcement, the Binance contract copying platform will update the ROI calculation method, which will be applicable to all currently active projects starting from 11:00 on November 12, 2025 (East 8th District time). The announcement said that the new ROI calculation method, which introduces the concept of "maximum benchmark balance" instead of "cumulative recharge", can better reflect the performance of traders.
The previously hacked Sui body DeFi protocol Nemo Protocol released user asset recovery and NEOM debt token plan V1.0, which disclosed that it will not use US dollars to repay all losses, but issue US dollar debt tokens equivalent to the amount of user losses. Ultimately, all users will receive 100% principal compensation to make up for the losses caused by previous security incidents. NEOM debt tokens are a 1:1 dollar-denominated token. The loss calculation will be strictly based on the complet...
With Venezuela's annual inflation rate soaring to 229%, stablecoins such as USDT have become the "de facto" currency in the financial system for millions of Venezuelans. Locals are said to refer to Bitcoin as the "Binance Dollar", while the country's currency, the bolivar, has largely disappeared from daily business activities. Hyperinflation, strict capital controls, and a differentiated exchange rate landscape have made people increasingly prefer stablecoins to cash or local bank transfers. Fr...
On April 17, the Department of Justice (DOJ) said in a memo that it will revisit a practice: that is, in cases involving fraud and theft, when digital assets are confiscated, how to compensate investors at a price lower than the current market value. The memo mentioned that the Department of Justice has paid attention to some well-known bankruptcy cases in 2022, including FTX, Voyager Digital, Cels...
CZ, founder of Binance, said of the proposal to support early-stage innovation projects through angel investment, "I am trying. I think people are generally accurate, but it takes time. To understand an entrepreneur, you need to observe how he makes decisions and executes under various pressures, under the temptation of money, and under the interests of users. And whether he is hard-working, flexible, understands the market, has a worldview, has leadership, etc. It is not easy to understand ever...
U.S. District Judge Gregory Van Tatenhove sentenced Anurag Pramod Murarka, a 30-year-old Indian national, to 121 months in prison for conspiracy to launder money, according to a Department of Justice announcement. Murarka is a 30-year-old international virtual currency provider operating under two nicknames ("elonmuskwhm" and "la2nyc")...
House Republicans in the United States are looking for ways to avoid a government shutdown after their second appropriations proposal was defeated Thursday night. It is now hours away from the Friday deadline. House Speaker Johnson said earlier Friday that Republicans have reached a Plan C to avoid a government shutdown and plan to vote soon. Senate Republicans have called two proposals they witnessed in the House to fund the government through Christmas a "mess...
Fitch says one way to try to see through US employment volatility is to add the Bureau of Labor Statistics (BLS) estimate of the impact of the strike (44,000) to October's employment growth data, and then take a three-month moving average, which is 119,000, a slowdown from the monthly average of 207,000 in the first half of the year, but far from a sharp decline. Given broader evidence of continued consumer power, the Fed is unlikely to give high priority to the overall 12,000 figure.
The UK's Financial Conduct Authority (FCA) has defended its approach to regulating the crypto industry, responding to criticism that its measures are "too harsh" and threaten to stifle innovation. Val Smith, head of payments and digital assets at the FCA's authorised division, stressed the importance of maintaining strict standards to protect consumers and preserve the integrity of financial marekts in an article published on its website on October 21. "Loosening our standards and triggering a r...
The Seoul District Court in South Korea sentenced Park Byung-gon, the main person responsible for Ado International's investment recruitment scheme, to five years in prison. Park Byung-gon was accused of carrying out a fraud scheme 400 billion won (about 294 million US dollars) through virtual assets.
