Tag: they’re
Alert from Binance warns users they’re buying a fugitive’s crypto
Do Kwon, the co-founder of stablecoin TerraUSD, is a wanted man in South Korea. As a result, the world’s largest cryptocurrency exchange is warning users that it’s not responsible for their choice to invest in Do Kwon’s token.
Last week, a South Korean court issued an arrest warrant for Do Kwon, who’s company created the algorithmic stablecoin, TerraUSD, as well as its sister cryptocurrency, Luna. The failure of the TerraUSD stablecoin created the domino effect that is responsible for this summer’s big crypto crash. Prosecutors say Do Kwon is wanted for allegedly violating capital markets law.
However, since that warrant was issued, Do Kwon is nowhere to be found. Do Kown was Originally believed to be in Singapore, but the Singapore Police Force told Reuters this past weekend that the TerraUSD co-founder was no longer in the city-state.
On Saturday, Do Kwon posted a series of tweets in an attempt to address the issues around his current location. While he refused to share even general details of his location, Do Kwon claimed he was not trying to evade arrest.
“I am not ‘on the run’ or anything similar — for any government agency that has shown interest to communicate, we are in full cooperation and we don’t have anything to hide,” he said in one tweet.
Prosecutors in South Korea disputed these claims the next day, saying Do Kwon was “obviously on the run.” According to the Yonhap News Agency, prosecutors asserted that Do Kwon flew to Singapore in late April and shut down the South Korean branch of his company, Terraform Labs, in an effort to “evade investigation.”
And things are continuing to escalate for Do Kwon. On Monday, the Financial Times reported that South Korea had asked Interpol to issue a “red notice” for Do Kwon, which would alert law enforcement around the world of the warrant.
While Do Kwon’s original stablecoin went up in smoke earlier this year, the crypto founder attempted to bounce back by relaunching the cryptocurrency via a new token known as Terra 2.0. It was quickly listed on major crypto exchanges where users can still trade the token as of the publishing of this article. The warrant issued in South Korea for its founder does not appear to have had an effect on the exchanges, as journalist Jacob Silverman pointed out on Twitter.
However, the world’s largest crypto exchange, Binance, has taken action…just not by delisting the token. Instead, when users land on Binance’s webpage to trade Terra 2.0, a prompt appears on the screen.
“Please Note: A South Korean court has issued an arrest warrant against the cofounder of Terra 2.0 (LUNA),” reads the message. “Please understand the risks involved and trade with caution. Binance will not be held responsible for any trading losses.”
Users are then required to click an “I understand” button.
At the time of publishing, Terra is trading at $2.60, which is down around 40 percent from right before prosecutors issued the arrest warrant for Do Kwon last week.
I’d rush to buy Lloyds shares while they’re still under 50p!
With a strong dividend yield and low valuation, this Fool explains why he’d buy Lloyds shares their current price.
The post I’d rush to buy Lloyds shares while they’re still under 50p! appeared first on The Motley Fool UK.
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Maisie Smith and Max George can’t keep their hands off each other as they’re mocked for ‘acting like they’re 11’
FORMER EastEnders star Maisie Smith and singer Max George could not be more loved-up judging by their latest snaps.
She celebrated his birthday by posting a series of steamy snaps of them kissing on holiday.
Maisie Smith shared a string of pics of her and Max George[/caption]
Former Tiffany Butcher actress Maisie wrote: “Another one while it’s still ya birthday.”
Max replied, sharing the same shots of them kissing and cuddling: “Best birthday ever baby .”
Fans yesterday spotted that they had each written they were girlfriend and boyfriend in their Instagram biographies.
Hers now includes: “@maxgeorge ” alongside her name and job while his reads: “@maisiesmithofficial .”
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While some thought it was sweet others chose to mock the move, with one writing: “Are they in year 7?”
Celebrity SAS: Who Dares Wins star Maisie, 21, earlier shared a selfie, which appeared to be from their recent trip and wished Max a happy birthday.
The former EastEnders actress has called their getaway the “best holiday ever”.
The Sun revealed last month how Maisie and Max have been secretly dating for weeks after growing close on the Strictly tour.
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He posted publicly about her soon after, sharing her press shot from Celebrity SAS: Who Dares Wins.
“You’re my winner already,” he wrote, alongside a red heart emoji – tagging ex-EastEnders actress Maisie in the post.
She later shared a picture of them kissing to mark his 34th just after midnight, saying: “Happy birthday.”
Max and Maisie kissed on his birthday night out on Tuesday[/caption]
Maisie now lists Max as her boyfriend on Instagram and vice versa[/caption]
Urgent warning as 400,000 Brits face being left out of pocket -because they’re unprotected by energy price cap
BRITS have been given an urgent warning as it’s revealed around 400,000 households are not protected by the energy price cap.
Many of those affected are vulnerable older people and urgent help is needed, the National Housing Federation (NHF) has warned.
Many of those affected are vulnerable older people, according to the NHF[/caption]
The households are on communal networks and have their heating supplied through a central boiler that reaches all homes in a building, rather than having an individual boiler in their home.
They pay for their heating bills via service charges.
Heat networks usually save residents money as housing associations can secure cheaper prices than individuals on domestic contracts by bulk buying energy.
However they are not regulated by Ofgem, which sets the domestic gas and electricity price cap.
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The NHF said a large proportion of people on communal heat networks lived in supported or sheltered housing, a form of social rented home for people on low incomes with support needs.
Some 72 per cent are vulnerable older people over the age of 55.
Without the domestic cap, the price these people will pay for energy will depend on the commercial contract their housing provider negotiates with the energy company.
The NHF said recent contracts were as much as 500 per cent more expensive than the previous year, with bills for low-usage homes projected to rise by as much as £68 a week – £1,130 per year over October’s energy price cap.
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The Government confirmed earlier this month that residents on heat networks will now receive the £400 energy rebate, although it is yet to be confirmed how this will be administered.
While many housing associations were actively looking at whether they could cover some of the cost from other funds, rather than pass on the full increases to residents, they were not-for-profit and this would mean cutting back on other services for residents or reducing investment, the NHF said.
It is calling on the Government to act urgently to ensure people on heat networks receive the same protection as customers on domestic energy supplies.
Either by allowing heat network operators to buy energy at the capped domestic tariff rates and pass on the saving to consumers or by providing additional payments to compensate for prices increases above the cap.
NHF chief executive Kate Henderson said: “It is unjust that hundreds of thousands of people, through no fault of their own, are exposed to uncapped heating bills just because of the way they pay for their energy.
“Worse still, the majority of those affected are vulnerable people on the lowest incomes in this country, who will already be struggling to pay for food and essentials.
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“The Government has a duty to act urgently and fairly to protect these people in the same way as the rest of the country.
“With the price cap coming into force in October, it is essential that the Government acts now and negotiates with energy companies to ensure every resident is protected from rising energy bills.”
People on communal heat networks could see prices shoot up[/caption]
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Redfall vampires aren’t sick, they’re just really evil
When you run into a bunch of Redfall vampires in the upcoming FPS game from Arkane Austin, there won’t be any question about how to handle things: you need to eradicate them. The developer shed new light on Redfall’s version of vampires and vampirism during at panel broadcast at QuakeCon 2022, explaining that these vamps are just really, really bad people – and always have been.