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Ten is a Layer 2 solution for Ethereum that provides privacy and scalability. It ensures that inputs, contract states, and executions are always encrypted. Obscuro's programmable privacy allows developers to decide what they want to keep private and what they want to make public at a granular level. R3, a global enterprise software firm, incubated Ten.
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Whale Sets Ten Major Targets Before Placing 397.718 BTC Long Positions Worth ~$30.89 Million
According to on-chain analyst Ai Aunt (@ai9684xtpa), the whale “Set 10 Big Goals” (@Jason60704294) has placed another order, opening a long position of 397.718 BTC at $77,686.5—valued at $30.89 million. BTC briefly approached $80,000 earlier today before dropping below $78,000.
U.S. Department of Justice Launches Victim Compensation Program for OneCoin, Over $40 Million in Assets Available for Claims
According to Cointelegraph, the U.S. Department of Justice has officially launched a restitution program for victims of the OneCoin cryptocurrency Ponzi scheme. Victims who purchased OneCoin between 2014 and 2019 and incurred a net loss are eligible to apply for compensation; over $40 million in seized assets is currently available for restitution. OneCoin was founded in Bulgaria in 2014 by Ruja Ignatova and Karl Sebastian Greenwood. It once ranked as the world’s second-largest cryptocurrency by market capitalization before collapsing due to its tokens’ complete lack of utility. Approximately 3.5 million victims worldwide lost over $4 billion—some estimates place the losses as high as $19 billion. Co-founder Greenwood was sentenced in 2023 to 20 years’ imprisonment; the other co-founder, Ignatova, has been missing since 2017 and is currently on the FBI’s “Ten Most Wanted” list, with a $5 million reward offered for information leading to her capture.