UFC 245: Final Betting Odds For Khabib Vs. Gaethje Fight Card

UFC 245: Final Betting Odds For Khabib Vs. Gaethje Fight Card

|Oct 24, 2020,01:00am EDT

Trent Reinsmith

ABU DHABI, UNITED ARAB EMIRATES – OCTOBER 23: In this handout image provided by UFC, (L-R) Opponents … [+] Khabib Nurmagomedov of Russia and Justin Gaethje face off during the UFC 254 weigh-in on October 23, 2020 on UFC Fight Island, Abu Dhabi, United Arab Emirates. (Photo by Josh Hedges/Zuffa LLC via Getty Images)

The much anticipated UFC lightweight title fight between champion Khabib Nurmagomedov and interim champ Justin Gaethje goes down tonight at Fight Island in Abu Dhabi.

Nurmagomedov captured the vacant lightweight crown in April 2018 when he defeated Al Iaquinta by decision. Iaquinta was a last-minute replacement for Tony Ferguson. Nurmagomedov’s first defense of his title took place in October 2018. Nurmagomedov submitted former champion Conor McGregor by neck crank in the fourth round of that contest. After the win, the lightweight kingpin jumped into the crowd to confront one of McGregor’s coaches. While that happened on the floor of the T-Mobile Arena, McGregor engaged with a couple of Nurmagomedov’s teammates inside the cage. The Nevada State Athletic Commission handed both fighters suspensions. When Nurmagomedov returned to action, he defeated Dustin Poirier by third-round submission. That fight took place in September 2019. Nurmagomedov has a career record of 28-0.

Gaethje was the long-time World Series of Fighting lightweight champion before he signed with the UFC in 2017. Gaethje was 17-0. He went 1-2 in his first three fights with the UFC, but he has been unbeaten since August 2018. Gaethje captured the interim 155-title in May with a fifth-round TKO win over Tony Ferguson.

All seven of Gaethje’s UFC fights have ended via knockout. He has won at least one fight-night bonus in each of those outings.

UFC 254 takes place on tonight from Fight Island in Abu Dhabi. The main card of the event streams on ESPN+ PPV.

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Trent Reinsmith

I am a freelance writer who has covered a wide variety of topics over the years. I’ve written about crime, technology, fitness, and entertainment for a variety of

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Author: Trent Reinsmith

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A Guide to Circles, the Project Bringing UBI and FOMO to Ethereum’s xDai Sidechain

A Guide to Circles, the Project Bringing UBI and FOMO to Ethereum’s xDai Sidechain

Free cash at all times makes the crypto world go mad, even when folks don’t know what the brand new cryptocurrency shall be value or what it’s good for.

The case is being confirmed out once more with Circles, a blockchain-based common fundamental earnings (UBI) mission that launched Oct. 16 on Ethereum’s xDai sidechain.

Based by Martin Köppelmann of Gnosis and run by a really small, Berlin-based workforce, Circles guarantees to provide customers 240 of its CRC cryptocurrency every month, but it surely places up one hurdle to get began: The consumer wants to seek out three people who find themselves already inside and persuade them to kind a “belief” line from their Circles pockets to that of Circles’ aspirants.

It’s a manner of making a parallel financial system. 

For anybody decently networked in crypto, particularly inside Ethereum, this appears fairly simple. The reality is, nonetheless, Circles has been very sluggish and buggy to date.

As a publish from the official account within the Circles Telegram channel put it Wednesday:

“We’re going through heavy infrastructure issues with a naive server setup and 70 million requests per 24 hours. … We’re working onerous on enhancing it so the app runs extra secure.” 

Andrew Gross, of the POA Community, which runs xDai, mentioned the Circles launch has led to one of many greatest transaction surges the community has ever seen.

To be honest, Circles and cryptic area recreation Dark Forest are operating neck and neck for driving the largest transaction spikes on xDai, although Gross famous the sidechain remains to be operating nicely beneath capability. The bugginess appears to be extra with Circles’ APIs.

Circles capabilities from the bottom up otherwise than different cryptocurrency tasks. Its white paper describes how funds transfer by means of the community in a social vogue quite than a technological one. Circles is a real social community for worth.

Considerably just like the Lightning Community, worth strikes by means of Circles by way of belief traces. That is essential. Circles is supposed extra to inculcate communities of cooperation, to not switch billions of {dollars} across the globe, like Bitcoin can. 

Maybe it’s good that an countless faucet of free crypto has some fairly vital friction to get began. The friction solely requires endurance, not funds, so it’s not financially exclusionary, even when the preliminary set of trusted events symbolize a privileged class. It’s spreading quick, so on daily basis it ought to be simpler to hitch – technical glitches apart.

However for these struggling to get in, I’ve realized a couple of issues about how Circles works over the 24-hour interval I spent making an attempt to get on. Hopefully, it will assist others:

Simply preserve making an attempt. There’s been quite a lot of speak in my Slack channels and with of us I do know on WhatsApp about spinny wheels of demise. It looks as if the spinny circles on Circles don’t imply a lot. Attempt to be a part of, give it a minute after which attempt once more. Attempt once more each few hours. Additionally, dropping advert blockers appeared to assist.

Reformat your seed phrase when saving it. Positively save your seed phrase, as a result of it allows you to log in by means of different browsers, however reformat it so it’s a sentence. Once I copied and pasted my phrases they pasted as an inventory. To log in once more, you need them in a sentence format, separated by areas.

Reloading your pockets will help. In circumstances the place verifications aren’t exhibiting up or transactions aren’t working, rebooting wallets will help. Earlier than my account turned verified, the one manner I may discover to do that was by clearing the historical past on my browser. As soon as an account is verified, although, click on on the hamburger menu, go to settings and click on the scary purple “Finish Session” button. Be aware: Don’t click on it in case your seed phrase hasn’t been backed up. 

Circles is bizarre about emails. When you get a spinny wheel on the account-creation stage the place it asks for an e mail, search your display screen. It could be saying it doesn’t like your e mail. Two of mine had been rejected and it solely preferred my shady e mail from an obscure German firm that I solely use to cover from Mark Zuckerberg. It rejected my long-standing, well-established Gmail deal with. I’ve no clue why.

Discover actual individuals who really know you. This might be onerous for some crypto n00bs however simply attempt to work your community and discover of us you’ve encountered for actual or make new on-line pals. Consider this as your little little bit of “social mining.” You’ll be able to simply shamelessly beg randos on Twitter however you’re not constructing social capital that manner. If it takes a bit of longer making it actual, so be it. We every have the non-public community we’ve got earned. 

Verifications take perpetually to register. Circles confirmed me at two verifications for hours once I knew I had three (others have taken even longer). Then, once I acquired in, I didn’t have verifications from anybody who had really informed me they had been going to do it. I had them from folks I’d requested who hadn’t instantly responded. I feel it’s because folks thought that they had verified my account however the push didn’t make it by means of. So it goes. 

Verifying others isn’t any higher. So should you get to the purpose the place you may confirm others, simply do one particular person at a time. I acquired a spinny wheel after which the house display screen popped up and a message briefly appeared saying I had verified them. I feel I’ve verified folks a number of instances but it surely’s actually onerous to say. The early days of recent cryptocurrencies are very thrilling.

Return the belief. If somebody trusts you, you should belief them again (as long as you do). Proper now it doesn’t present the title of customers half the time so this may be tedious, however as soon as that will get simpler have a look at all of the individuals who have trusted you, click on on their profiles and return the favor. It’s like Twitter: double opt-in for actual connection.

Simply use one machine as you begin. I’ve been bouncing between two laptops and my cell. Circles doesn’t appear to love that, and that is smart with the system below pressure. So decide the place you need to get began and simply keep on with that till Circles manages to scale up.

If anybody manages to ship CRC, let me know. For my first couple days in I used to be not in a position to give away any of my funds, even among the many mutually trusted. Whether or not CRC proves to have real-world usefulness is as much as everybody who does handle to get the taps turned on. 

Hopefully, the following tips ought to assist these folks decided to get in to get in quicker. Simply don’t count on a small Internet three mission to work at Internet 2 velocity. 

Source: gentlecrypto.com

Cybercrime task force monitoring the global digital financial system

Cybercrime task force monitoring the global digital financial system

The United States faces a growing threat of transnational cybercrime, particularly against its financial system. In what may be the largest prosecution of its kind in U.S. history, the U.S. Department of Justice has charged Texas tech billionaire Bob Brockman in a 39-count indictment with evading $2 billion in taxes. The businessman used encrypted devices and code words to conceal his wire fraud, tax fraud and money laundering within a network of offshore entities and bank accounts. 

As the CEO of Reynolds and Reynolds Co., Brockman contributed 6.4% to the United States’ current annual deficit of $3.1 trillion — more than double the previous record of $1.4 trillion set bailing out the 2007–2008 credit crisis. Aside from Brockman’s tax fraud, the COVID-19 pandemic has deepened the debt, as both shrinking revenues and heightened spending intensify along with rising daily coronavirus infections, which have now hit 8 million people in the U.S. and 39 million worldwide.

In recent years, cyber and traditional finance crimes have been intersecting at pace, particularly since the start of the COVID-19 pandemic. In an effort to address the growing issue, the U.S. Secret Service merged its Electronic Crimes Task Force and Financial Crimes Task Force into a single unified network dubbed the Cyber Fraud Task Force, with offices in both the U.S. and Europe.

The Cyber Fraud Task Force, or CFTF, was created amid Washington lawmakers supporting legislation that aims to return the Secret Service from within the Department of Homeland Security back to the Treasury Department in order to more effectively investigate cyber-related financial crimes.

As U.S. Attorney General William Barr in the U.S. Department of Justice’s 83-page report, titled “Cryptocurrency Enforcement Framework,” explained:

“Current terrorist use of cryptocurrency may represent the first raindrops of an oncoming storm of expanded use that could challenge the ability of the U.S. and its allies to disrupt financial resources that would enable terrorist organizations to more successfully execute their deadly missions or to expand their influence.”

Related: Darknet, cryptocurrency and two intersecting health crises

The report was released shortly after the DoJ and the Commodity Futures Trading Commission announced criminal charges and concurrent civil action against directors and entities related to BitMEX, a well-known trading platform for crypto futures contracts and other crypto derivatives that failed to register with the CFTC as a Futures Commission Merchant and implement proper Anti-Money Laundering measures.

Related: The case against BitMEX is a compass pointing toward the future of crypto regulation

The “Cryptocurrency Enforcement Framework” report is the second of its kind issued by the Attorney General’s Cyber-Digital Task Force, which was established in February 2018. It lays out the DoJ’s policy formulation in a number of critical areas, including cybersecurity, cross-border data transfers and protection, emerging technologies, cryptocurrency and encryption. It serves as a guide to shape the future vision of U.S. authorities and regulators toward cryptocurrencies as well as details the various ways that cryptocurrency is susceptible to abuse. The report indicates a shift in the DoJ’s perspective in that it recognizes digital assets’ several legitimate uses — a far cry from the department’s previous perception of cryptocurrency use as a red flag for money laundering and criminality. The report rather recognizes cryptocurrency as a legitimate instrument of commerce with law enforcement challenges like any other means of exchange.

Related: Not like before: Digital currencies debut amid COVID-19

The report is divided into three parts: an overview of the cryptocurrency space and its illicit uses; the laws and regulatory agencies that oversee the space; and the current enforcement challenges and potential strategies to address them.

In the first part of the report, the DoJ outlines the legal and illicit uses of cryptocurrency and addresses the emergence of the “next phase of the internet’s evolution,” known as Web 3.0, which will allow users to have greater control in protecting their digital financial information, transactions and identity from companies and governments.

In conjunction with this, the report indicates that DeFi applications, privacy coins, peer-to-peer exchanges and encrypted dark markets could continue to inhibit legitimate supervision and investigation while simplifying the noncompliance of regulations for Anti-Money Laundering and counter terrorism financing, as set by the Financial Action Task Force. The report also describes the roles and responsibilities of other agencies with oversight or enforcement power in the space, including the Financial Crimes Enforcement Network, the Office of Foreign Assets Control, the Office of the Comptroller of the Currency, the Securities Exchange Commission, the CFTC, the Internal Revenue Service, the Central Intelligence Agency and the National Security Agency.

In the third part of the report, the DoJ points out that its enforcement actions are aligned with an international focus to increase AML accountability and broad jurisdiction over cryptocurrency trading platforms.

It explains that the DoJ’s cross-border reach can be quite broad, since a jurisdictional nexus exists when the aim of a criminal activity is to cause harm inside the U.S., to U.S. citizens, or to the interests of either one, even if the individuals committing criminal activity are noncitizens acting entirely abroad. The report goes on to explain that the cross-border nature of cryptocurrency transactions — particularly those utilizing “mixing,” “tumbling” or “encryption” services, which run afoul of U.S. money laundering restrictions — leads to compliance gaps, inconsistent regulations and “jurisdictional arbitrage,” or when participants move virtual assets to jurisdictions where authorities lack regulatory frameworks to support investigations.

Related: Meet DoJ’s crypto czar: Expert take

Cross-border links between terrorism and cryptocurrency-related cybercrime underscores the need for a coherent global response. Currently, the U.S. is part of the Joint Cybercrime Action Taskforce, which collaborates with Europol’s European Cybercrime Centre, the European Commission, and the heads of the National Cybercrime Units of EU Member States. The latter has also established the European Union Cybercrime Task Force to develop and promote a harmonized approach across the EU for tackling cybercrime and the criminal misuse of information and communication technology.

According to Europol’s “Internet Organized Crime Threat Assessment 2020” report, privacy-enhancing cryptocurrency wallets, coins and open marketplaces were named as “top threats” for cybercrime, with Monero emerging as a favored transaction tool on the darkweb.

Related: COVID-19 pandemic spurs crypto law updates in J5 countries

Following a policy study that outlines recent developments regarding crypto assets and addresses key regulatory risks from the increase in digital opportunities within the financial sector, the European Commission published a proposed regulation on digital operational resilience for the financial sector and a new proposed directive that amends certain pieces of existing EU financial services legislation to strengthen resilience in digital operations and provide legal clarity on crypto assets.

Published shortly before the DoJ’s report was released, the proposed regulation and directive will form part of the EU’s measures on digital finance for supporting innovation in the sector while mitigating risks. The commission published the EU Digital Finance Strategy, which sets out key priorities for digitally transforming the EU’s financial sector over the coming years, along with a proposed regulation on a pilot regime for distributed ledger technology market infrastructure. The latter will provide detailed rules at the jurisdictional level for comprehensive and harmonized legislation governing distributed ledger technology.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Selva Ozelli, Esq., CPA, is an international tax attorney and certified public accountant who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD.

Source: crytonow.com

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UFC 245: Final Betting Odds For Khabib Vs. Gaethje Fight Card

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