Mango Markets Relaunches Despite SEC Security Allegations

• Mango Markets, a Solana-based crypto exchange, is pushing forward with a relaunch of the project, despite the US Securities and Exchange Commission (SEC) alleging that the project’s native token, MNGO, is a security.
• The SEC has not alleged wrongdoing by Mango, but accused MNGO trader Avraham Eisenberg of securities market manipulation.
• Securities lawyers have suggested that the SEC might be laying the groundwork to bring a case against the exchange that issued MNGO.

Mango Markets, a Solana-based crypto exchange, is pushing forward with a relaunch of the project, despite the US Securities and Exchange Commission (SEC) alleging that the project’s native token, MNGO, is a security. This is an ambitious move, as the SEC’s labeling of the token raises knotty problems about whether Mango Markets’ “version 4” can proceed without facing regulators’ wrath.

The SEC has not alleged wrongdoing by Mango. Instead, the agency last week accused MNGO trader Avraham Eisenberg of securities market manipulation, claiming that he drained $116 million from the exchange in October. Eisenberg is accused of “trading in a manner designed to artificially inflate the price of MNGO”, according to the SEC.

In light of this, securities lawyers who are not involved in the case have suggested that the SEC might be laying the groundwork to bring a case against the exchange that issued MNGO to its investors when it launched in 2021. They point to the fact that the SEC noted that purportedly ineligible US investors participated in the token sale, implying that the agency has authority to bring a future case asserting that this is an unregistered securities offering.

Mango Markets CEO, Daniel Harenberg, has stated that the relaunch of the project is intended to restore full liquidity to the MNGO token and rebuild trust in the platform. He also acknowledged that the relaunch will bring new challenges that the team will need to navigate, but he remains confident that the project can operate within the confines of the law.

The relaunch of Mango Markets is expected to bring new features and improved user experience. The team is currently focusing on the development of the platform, and the relaunch is planned for early 2022.

In the meantime, the SEC’s allegations against Eisenberg and the potential for further action against Mango Markets remain a concern. However, the team behind the exchange is determined to move forward with the relaunch and show that they are willing to comply with relevant regulations.

Luno Co-Founder Departs, CTO Replaced by Longtime Software Engineer

Bullet Point Summary:
• Timothy Stranex, co-founder and CTO of cryptocurrency exchange Luno, departed the firm in December to pursue personal projects.
• He was replaced as CTO by Simon Ince, who joined Luno two years ago as its vice president of engineering.
• Luno, owned by Digital Currency Group, has over 10 million customers worldwide and offices in several countries.

Cryptocurrency exchange Luno recently saw a key leadership change with the departure of co-founder and Chief Technology Officer (CTO) Timothy Stranex. Stranex had been with the firm since its founding nearly 10 years ago, and his exit in December was to pursue personal projects.

Stranex had co-founded the firm with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel. Taking his place as CTO is Simon Ince, who joined Luno just under two years ago as its vice president of engineering. Ince has a background in software engineering, having previously worked in the industry for over two decades.

Luno is a crypto exchange which has grown to become one of the most popular in the world. It is owned by Digital Currency Group (DCG), and has over 10 million customers located across the globe. The firm is headquartered in London, and has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.

The firm is the latest in a string of cryptocurrency exchanges to experience a leadership change in recent months, as the industry continues to grow and evolve. The departure of Stranex from Luno marks the end of an era for the firm, but with Ince now in the role of CTO, the company is looking forward to a bright future.

Genesis Owes Creditors $3B, DCG Looks to Sell VC Portfolio

• Genesis, a crypto lender, owes its creditors over $3 billion.
• Digital Currency Group, Genesis‘ parent company, is looking to sell its venture-capital portfolio, worth around $500 million, to pay off the debt.
• Tensions between DCG and Genesis creditors have been running high, with Cameron Winklevoss of Gemini calling for DCG CEO Barry Silbert’s ouster.

Crypto lender Genesis is in a tough spot. According to the Financial Times, the company owes its creditors over $3 billion, prompting its parent company, Digital Currency Group, to consider selling some of its venture-capital portfolio, worth around $500 million, in order to pay off the debt.

The situation has resulted in tensions between DCG and Genesis creditors, with Gemini co-founder Cameron Winklevoss even calling for DCG CEO Barry Silbert’s ouster earlier this week. DCG owns a portfolio of crypto exchanges like Coinbase (COIN), Kraken and Blockchain.com, as well as the now bankrupt FTX.

The assets owned by DCG are illiquid, however, meaning it will take some time to sell them off. This situation has caused a great deal of worry among creditors, some of whom have been vocal about their displeasure with the current state of affairs.

DCG has yet to make any definitive statements on the matter, declining to comment when asked by the Financial Times. However, the company is reportedly looking at asset sales in order to raise the necessary capital to pay off Genesis‘ debt.

In the meantime, the situation is still uncertain. It remains to be seen how DCG will address the mounting debt, and whether the venture-capital portfolio will be sold off in order to do so. Until then, creditors will have to remain in the dark, hoping for the best.

Crypto Market Volatility: Navigate the Wild World of Crypto Predictions

• Cryptocurrency prices have been volatile over the past 14 months and there is no sign of them stabilizing any time soon.
• Clients curious about cryptocurrencies have likely encountered the wild world of annual crypto predictions.
• Tim Draper predicted a 1,400% rally to $250,000 by the end of 2023, while Standard Chartered predicted a 70% plunge to $5,000.

As the crypto market is becoming increasingly popular, investors have had to contend with a great amount of volatility over the past 14 months, and there is no sign of it subsiding any time soon. This has caused many clients to explore the wild world of annual cryptocurrency price predictions.

The most optimistic call for 2023 was made by digital venture capitalist Tim Draper, who predicted a 1,400% rally to $250,000 by year-end. On the other hand, the most pessimistic call was made by Standard Chartered, who predicted a 70% plunge to $5,000.

These forecasts are made by a variety of sources and it can be difficult to make sense of them all. To gain a better understanding of the crypto market, it is important to keep track of news and trends, analyze the data and form an educated opinion.

To be sure, the crypto market is still relatively new and unpredictable, so it is important to proceed with caution. It is also important to remember that past performance is not a guarantee of future results. Therefore, investors should be aware of the risks associated with investing in cryptocurrencies, including the potential for sudden and dramatic price drops.

In the end, the best way for investors to make informed decisions about their investments is to stay informed, do their own research, and seek professional advice if necessary. With the right knowledge and understanding of the market, investors can take advantage of the potential for long-term profits and make prudent investment decisions.

Securrency Hires State Street Digital Chief as CEO to Accelerate Digital Asset Adoption

Bullet Points:
• Securrency, an institutional cryptocurrency infrastructure firm, has hired State Street’s head of digital, Nadine Chakar, as its new CEO.
• Chakar replaces Securrency’s founder Dan Doney, who will continue to serve as CTO.
• Securrency provides institutions with blockchain-based regulatory technology to enable digital asset adoption in a compliant manner.

Securrency, an institutional cryptocurrency infrastructure firm, has taken a major step forward in its mission to provide digital asset adoption in a compliant manner. The firm has hired State Street’s digital chief Nadine Chakar as its new CEO. Chakar replaces Securrency’s founder Dan Doney, who will continue to serve as chief technology officer (CTO).

Nadine Chakar spent just under a year and a half as State Street’s digital chief, following more than two years as its head of global markets. She has also been on the Securrency board since 2021, when State Street was part of a $30 million funding round for the company. Other participants in the fundraise included U.S. Bank, Abu Dhabi, Catalyst Partners and WisdomTree Investments.

Securrency’s purpose is to provide institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner. Chakar’s appointment will bring her experience in institutional-grade compliance to the table, ensuring that Securrency’s products and services in tokenization, decentralized finance (DeFi) and interoperability will be compliant and secure.

The firm’s regulatory technology platform helps customers to interact with digital assets and financial services in a secure and compliant manner. It provides a range of services, such as digital asset issuance, management, and compliance, as well as risk management and transaction monitoring solutions. The platform also offers a compliance-as-a-service feature, which enables customers to quickly get up to speed with the various regulations relevant to their operations.

Securrency’s platform will be able to help financial institutions reduce the complexities of developing and managing their own digital asset solutions. It will enable them to rapidly deploy and manage digital assets in a compliant and secure manner.

With Chakar at the helm, Securrency is well placed to continue its mission of providing institutions with a secure and compliant way to adopt digital assets. Her expertise in institutional-grade compliance will be a great asset to the firm’s mission. With the right guidance, Securrency’s platform could prove to be a game-changer in the world of digital asset adoption.

Discovering the Koss Porta Pro Wireless Headphones

Do you find yourself needing to stream music while on while on the move, but you are stymied because of the mess of wires that are tangled? If yes, Koss has the perfect solution with the Koss Porta Pro Wireless headphones. Koss has been a pioneer in the world of audio for more than 60 years and these headphones are the product of their creativity and dedication to excellence.

Design and Comfort

They Koss Porta Pro Wireless headphones are made with the consumer in mind. They have the light and comfortable style that can be worn for long periods of time. The earcups have a comfortable design that helps block out outside noise and the headband is adjustable to ensure an optimum fitting. The earcups can also be angled to conform to the head of the user precisely and provide an authentic soundstage.

Audio Performance

If you’re looking for audio performance these Koss Porta Pro Wireless headphones are not a disappointment. The headphones have dual dynamic drivers that produce an even sound that is balanced with great clarity and details. Its bass is crisp and punchy, while highs and mids are crystal clear and precise. The soundstage is vast and provides a natural feeling of the space.

Noise Canceling Capability

They Koss Porta Pro Wireless headphones are also equipped with a fantastic noise cancellation feature. The earcups are made to block background noise as well as the noise cancellation feature assists in reducing the background noise. This helps make Koss Porta Pro Wireless headphones Koss Porta Pro Wireless headphones ideal for use in noisy areas.

Battery Life

The Koss Porta Pro Wireless headphones have a long-lasting battery that can provide an up-to 20 hour period of uninterrupted listening. They also come with the ability to charge quickly that allows the headphones to be fully charged to the full capacity within two hours.

Connectivity

These Koss Porta Pro Wireless headphones are made to be used on Bluetooth enabled devices. They are compatible with the majority of tablets and smartphones. They also come with an integrated microphone that allows the use of hands-free calls.

Price

The Koss Porta Pro Wireless headphones are a fantastic price, with great audio and performance at an affordable price.

Conclusion

The Koss Porta Pro Wireless headphones are a great option for those looking for a high-quality wireless headphones experience. They offer excellent audio quality, great noise cancellation, and a longer battery life. Its design and style is comfy as well as light and the price is affordable. No matter if you’re an average listener or an audiophile The Koss Porta Pro Wireless headphones will give you a great listening experience.

Setting Up Your Used iPhone: A Step-by-Step Guide

Are you thinking of buying an old iPhone? If yes, then you’re in the right spot. This guide will provide you with a an extensive step-by-step guide to the procedure of setting up your old iPhone.

If you purchase a secondhand iPhone is the risk. It’s impossible to tell whether the device is in good working order until you switch it on and begin using it. This is why it’s crucial to confirm the condition of the device prior to taking any decision.

Verify Device Condition

The first step of setting up your previously used iPhone is to check the condition of the device. Start by looking at the exterior of the phone for obvious indications of damage. Check for dents, scratches or cracks. In the event that your device has been damaged, it might cause a risk to buying it. Look for signs of damage, such as scratches, cracks, or dents.

Then, turn the device off and then check whether there are any issues with the display. Check for indications of discoloration, ghosting or dead pixels. If the display isn’t in line with your expectations then you might want to consider a different display.

Then, test the functionality of the device. Verify that your power, home and volume buttons functioning properly. Also check the device’s audio camera, audio as well as other features to make sure everything works exactly as you expect it to.

Check Software Version

After you’ve confirmed that your gadget is operating in good working order The following step would be to verify the version of software. To check the version you need to go to“Settings“ in the „Settings“ app and tap „General“ followed by „About“. There you will see the latest version of software running in the gadget.

It is essential to make sure the computer is using the most recent version of software. If not, you may encounter issues with performance or compatibility. It’s also important to remember that older versions of software might not be compatible with newer applications.

Erase All Content and Settings

When you are setting up your iPhone it is crucial to wipe out any data and settings. To accomplish this, open“Settings“ in the „Settings“ app and tap „General“ followed by „Reset“. From there, you can click „Erase All Content and Settings“.

The process will erase all previous data on the device, which includes any personal data. It is crucial to understand that this process can’t be reversed. After you erased devices, any of your information will be permanently erased.

Restoring Data

After you’ve erased all settings and content on your device, it is possible to restore your personal data. To accomplish this, you’ll have to utilize the backup services like iCloud as well as iTunes.

If you’re using iCloud be sure you’re logged in to your same iCloud account you used to backup the device. After you’ve logged in, you are able to choose the data you wish to restore. If you’re using iTunes for your device, you’ll have for your mobile device to be connected to your computer and choose the data you wish to restore.

Update to the Latest Software Version

Once you’ve restored your data The next step is to upgrade to the latest version of the software. To accomplish this, open“Settings,“ then select the „Settings“ app and tap „General“ followed by „Software Update“. There you’ll be able to search for any updates and install them onto your device.

It is essential to ensure that your device is current with the most recent software version. This ensures that you are able to access the most current capabilities and updates to security. Also, it will ensure the device you use is compatible most recent apps.

Configure Your Settings

After you’ve installed the latest version of software Next step is to set up your settings. To accomplish this, head to“Settings“, then select the „Settings“ app and tap „General“ followed by „Settings“. You can then customize the device to suit your needs.

You can modify how your device displays, settings regarding privacy and much more. You can also set your device’s accessibility settings as well as parental settings. It is essential to spend the time to ensure your device is set up according in accordance with your preferences.

Troubleshooting

If you have any problems in setting up your existing iPhone There are a few options you could try. First, make sure you’re running the latest version of the app. If you’re not trying to reset your device, do so by clicking „Settings“ and tapping „General“ followed by „Reset“.

If the issue continues then you should call Apple Support. They can assist you in resolving any issues you might be having.

Conclusion

The process of setting up your old iPhone does not have to be an overwhelming task. Following these steps, you’ll be able to quickly set up your iPhone and be ready for use within a matter of minutes. Be sure to check the condition of your device, verify the software version, wipe any settings and content as well as restore any deleted data. make sure you update your software to the latest version, adjust your settings, and then troubleshoot any problems. By following this guideline, you’ll be able to take advantage of your new iPhone within a matter of minutes.