The formerly married CEO and President of a Hawaii-based shipbuilding firm have received a combined 15-year prison sentence for a $29 million investor fraud scheme. According to the U.S. Department of Justice (DOJ), Curtis Jackson and his ex-wife, Jamey Jackson, have been sentenced for fraud due to their connection with Semisub Inc. “According to court documents and evidence presented at trial, Curtiss E. Jackson, 72, of Honolulu, Hawaii, and Jamey Denise Jackson, 62, currently of Cochester, Conneticut, and formerly of Honolulu, who were respectively Semisub’s CEO and President, falsely told investors for years that the prototype vessel, Semisub One, was ‘weeks’ or ‘months’ away from beginning operations.” After making false statements to investors, Curtiss Jackson, former CEO of Semisub, and Jamey Jackson, former Semisub President, used the wrongly-acquired funds to pay for drugs, psychics, mansions and luxury cars. Furthermore, during the investigation, Curtiss Jackson used a Soprano’s clip to threaten his ex-wife in a video titled “Death to FBI Informants”. “In May 2024, Curtiss Jackson was convicted of securities fraud, conspiracy, mail fraud, wire fraud, witness tampering, and obstructing an official proceeding while on pretrial release. In January 2023 Jamey Denise Jackson pleaded guilty to conspiracy to commit mail fraud and wire fraud.” Curtiss Jackson received a 13-year prison sentence for his involvement, while Jamey Jackson received two years. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Ormalternative The post Hawaiian CEO and His Former Wife Sentenced for $29,000,000 Investment Fraud Scheme: DOJ appeared first on The Daily Hodl .
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Global economy faces a significant turning point with major events unfolding. US stock markets remain strong, while employment figures hint at potential challenges. Continue Reading: Global Economy Faces Major Turning Points The post Global Economy Faces Major Turning Points appeared first on COINTURK NEWS .
BitcoinWorld Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2 San Francisco, California, August 7th, 2025, Chainwire Constellation Labs d/b/a Caldera , the leading provider of rollup infrastructure solutions, today announced a strategic partnership with EigenCloud to integrate EigenDA V2 into its rollup engine. This integration unlocks industry-leading data throughput capabilities of 100 MB/s for blockchain rollups, representing a significant leap forward in blockchain scalability and performance. The partnership addresses one of the most critical challenges facing blockchain rollups today: efficient data availability. Rollups must post their transaction data to ensure the chain’s state can be verified and maintained. Traditionally, this data is posted directly to Ethereum’s Layer 1 (L1), which can be both expensive and limiting in terms of scalability. By leveraging a dedicated Data Availability (DA) layer instead of relying solely on Ethereum L1, rollups can achieve significantly higher performance while reducing costs. This approach opens the door to unlimited use cases and enables blockchain applications to scale without compromising on security or decentralization. “We’re incredibly excited to integrate EigenDA V2 into Caldera’s rollup engine, offering unmatched scale to our partner projects”, said Matthew Katz, CEO of Constellation Labs. “As an increasingly large set of companies come on-chain – including payment companies, fintechs, and banks – the ability to scale to new levels is absolutely paramount”. EigenDA: Built for the Future of Blockchain Infrastructure EigenDA represents a next-generation DA solution that draws inspiration from Danksharding while eliminating the need for independent consensus mechanisms. This innovative approach allows EigenDA to harness the decentralized trust inherent in the Ethereum network, backed by millions of dollars in restaked ETH to provide bulletproof economic security. The solution offers several key advantages that set it apart in the competitive data availability landscape: Guaranteed Bandwidth Through Reservations : EigenDA is the only DA solution to offer data reservations, ensuring that rollups receive guaranteed bandwidth at a fixed cost. This predictability is crucial for enterprise applications and high-throughput use cases that require consistent performance. Proven Performance at Scale: The capabilities of EigenDA are not theoretical—they’ve been tested and proven in real-world conditions. The Eigen team successfully demonstrated the platform’s power by posting the live chain state of all Layer 1 and Layer 2 blockchains on EigenDA. Seamless Integration Through Caldera’s Platform The EigenDA V2 integration will be available as a one-click option within the Caldera dashboard for any new rollup deployment. This streamlined approach eliminates the technical complexity traditionally associated with integrating advanced data availability solutions, making cutting-edge performance accessible to developers regardless of their infrastructure expertise. Existing Caldera chains may elect to switch to EigenDA V2. This flexibility ensures that all Caldera users can benefit from the partnership, whether they’re launching new projects or optimizing existing deployments. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. For more information, users can visit Caldera’s Official Website | X | Telegram | LinkedIn Contact CEO Matthew Katz Constellation Labs, d/b/a Caldera matt@caldera.xyz This post Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2 first appeared on BitcoinWorld and is written by chainwire
August 7th, 2025 – San Francisco, California Constellation Labs d/b/a Caldera , the leading provider of rollup infrastructure solutions, today announced a strategic partnership with EigenCloud to integrate EigenDA V2 into its rollup engine. This integration unlocks industry-leading data throughput capabilities of 100 MB/s for blockchain rollups, representing a significant leap forward in blockchain scalability and performance. The partnership addresses one of the most critical challenges facing blockchain rollups today: efficient data availability. Rollups must post their transaction data to ensure the chain’s state can be verified and maintained. Traditionally, this data is posted directly to Ethereum’s Layer 1 (L1), which can be both expensive and limiting in terms of scalability. By leveraging a dedicated Data Availability (DA) layer instead of relying solely on Ethereum L1, rollups can achieve significantly higher performance while reducing costs. This approach opens the door to unlimited use cases and enables blockchain applications to scale without compromising on security or decentralization. “We’re incredibly excited to integrate EigenDA V2 into Caldera’s rollup engine, offering unmatched scale to our partner projects”, said Matthew Katz, CEO of Constellation Labs. “As an increasingly large set of companies come on-chain – including payment companies, fintechs, and banks – the ability to scale to new levels is absolutely paramount”. EigenDA: Built for the Future of Blockchain Infrastructure EigenDA represents a next-generation DA solution that draws inspiration from Danksharding while eliminating the need for independent consensus mechanisms. This innovative approach allows EigenDA to harness the decentralized trust inherent in the Ethereum network, backed by millions of dollars in restaked ETH to provide bulletproof economic security. The solution offers several key advantages that set it apart in the competitive data availability landscape: Guaranteed Bandwidth Through Reservations : EigenDA is the only DA solution to offer data reservations, ensuring that rollups receive guaranteed bandwidth at a fixed cost. This predictability is crucial for enterprise applications and high-throughput use cases that require consistent performance. Proven Performance at Scale: The capabilities of EigenDA are not theoretical—they’ve been tested and proven in real-world conditions. The Eigen team successfully demonstrated the platform’s power by posting the live chain state of all Layer 1 and Layer 2 blockchains on EigenDA. Seamless Integration Through Caldera’s Platform The EigenDA V2 integration will be available as a one-click option within the Caldera dashboard for any new rollup deployment. This streamlined approach eliminates the technical complexity traditionally associated with integrating advanced data availability solutions, making cutting-edge performance accessible to developers regardless of their infrastructure expertise. Existing Caldera chains may elect to switch to EigenDA V2. This flexibility ensures that all Caldera users can benefit from the partnership, whether they’re launching new projects or optimizing existing deployments. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. For more information, users can visit Caldera’s Official Website | X | Telegram | LinkedIn Contact CEO Matthew Katz Constellation Labs, d/b/a Caldera matt@caldera.xyz This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2 appeared first on The Daily Hodl .
Bitcoin exchange-traded funds (ETFs) broke their four-day red streak with a $92 million inflow, led by Blackrock and Bitwise, while ether ETFs extended their recovery with a $35 million gain. BTC and ETH ETFs See Gains As Market Finds Its Footing Signs of stabilization crept back into crypto markets on Wednesday, Aug. 6, as both
The battle for supremacy in the crypto world intensifies as XRP and Ethereum emerge as key contenders for life-changing returns by 2025. With unique strengths and potential game-changing developments on the horizon, investors are eager to discover which of these digital currencies is set to skyrocket. This article delves into the prospects of both coins, revealing their millionaire-making potential. Upward Momentum and Strategic Levels Define XRP Trading Outlook XRP experienced a strong surge with a 31.25% price increase over the past month and maintained a 24.48% gain over the last six months. Price action shows notable responsiveness during this period, leaving a trail of healthy upward movement. Price fluctuations over one week were modest, showing a drop of 3.75%, which contrasts with the broader gains during longer time frames. The coin’s recent behavior illustrates a market that has absorbed short-term corrections while retaining overall positive strength over extended periods. Current price trades between $2.23 and $3.74, caught between key support and resistance levels. The nearest support at $1.43 offers a cushion if the price declines, while resistance at $4.45 may limit upward moves. The lack of a clear trend is evident with neutral indicators such as an RSI near 50 and a minor reading from the Awesome Oscillator. Bulls and bears appear balanced, but caution is advised as the Momentum Indicator shows slight negativity. Traders might position for a potential bounce off support or take profits near resistance, assessing these levels for breakout or reversal signs. Ethereum Price Dynamics and Current Key Levels Ethereum showed strong gains over the past month with an increase of about 44.66% and a steady rise of roughly 40.40% over the last six months. A slight weekly drop of 3.51% hints at short-term volatility despite the overall upward movement. Prices have maintained an active range between $2737 and $4302, supporting gains seen over longer periods. Historical trends underscore the coin's resilience amid fluctuations, providing both opportunities and occasional pullbacks. Current price action centers around a trading range defined by a key support level at $1774 and a first resistance at $4904, with a higher hurdle near $6468. The market shows mixed signals; recent weeks have seen bears trying to push prices lower, but the sustained rally over the past month indicates bulls hold dominant influence. The relative strength index near 58.88 suggests balanced momentum with slight bearish pressure. Trading ideas include waiting for a firm move above the $4904 level before initiating long positions or targeting buys near the $1774 support if further dips occur. Conclusion In 2025, XRP and ETH present distinct opportunities. XRP could gain traction with its focus on efficient cross-border payments. ETH remains strong due to its established position in smart contracts and decentralized applications. Both have unique strengths that could lead to significant returns. However, ETH's broader range of use cases might offer slightly higher millionaire-making potential. Both should be watched closely as the market evolves. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
As Ripple (XRP) edges closer to a potential breakout, attention is rapidly shifting toward a rising star in the DeFi market, Mutuum Finance (MUTM) . While XRP continues its steady climb, Mutuum Finance is capturing headlines and investor imagination with its innovative asset lending protocol and explosive growth potential. The project is now priced at $0.035 in phase 6 of the presale. Phase 7 will appreciate 14.29% to $0.04. Existing investors are eyeing a 71.43% profit when the token lists at $0.06. Mutuum Finance has already garnered over $14.1 million in funding and has been backed by over 14,900 investors. Mutuum Finance could be one of the next 100x crypto tokens in 2025. XRP Poised for a Strong Rally, Near-Term Resistance Could Land It to $5 XRP is currently trading around $3.06, with key support around $3.0 after indicators showed a short-term dip, from its recent high around $3.66. While those dips broke short-term support, analysts remain broadly optimistic. A breakout above $3.50–$3.60 could open the door to $5 by late 2025 or even higher. Target ranges include $5 to $7, with more bullish models projecting it may reach $15 or beyond under strong regulatory clarity and institutional flow. As capital gradually rotates into emerging utility-driven DeFi platforms, attention is increasingly shifting toward newer protocol such as Mutuum Finance. Investors Eye 71% Returns in Mutuum Finance Phase 6 Presale Mutuum Finance is priced at $0.035 in presale stage 6 after a presale stage 5 sell-out. Phase 6 investors will see a 71.43% ROI at token launch. More than $14.1 million has been raised and more than 14,900 early investors are in the presale. Token price in Presale Stage 7 will be $0.04, a 14.23% hike from Stage 6. Mutuum Finance Strengthens Protocol Security with CertiK-Backed Bug Bounty Mutuum Finance (MUTM) has launched an Official Bug Bounty Program with CertiK, its security and transparency partner. Users will be rewarded with 50,000 USDT in value for reporting possible bugs on the project. The purpose of the bounty program is to provide equal protection for all classes of vulnerabilities. It has been divided into four classes of severity; i.e., major, minor, low, and critical. Mutuum Finance Launches Mass MUTM Token Giveaway Mutuum Finance (MUTM) has also launched a $100,000 giveaway wherein the participants who take part in the contest will be rewarded in $10,000 MUTM tokens. Mutuum Finance: Decentralized Lending Revolution Mutuum Finance (MUTM) is a DeFi decentralized lending revolution that offers the greatest extent of control over assets to users. It is an open multi-use double-lending platform built by merging Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. The P2C lending pool is accessed through smart contracts. The platform responds based on the market sentiment of the time, minimizing lenders’ revenue volatility and economic lending risk. Middlemen are cut out in the P2P model, paving the way for direct lending, which is ideal for volatile assets like meme coins. Ripple may be on track for a strong 5x rally, but the real breakout potential in 2025 could belong to Mutuum Finance (MUTM). Backed by over 14,900 investors and $14.1 million raised, the project’s early traction is hard to ignore. At just $0.035 in phase 6, with a 71.43% return expected at launch, the upside is clear—and that’s before factoring in long-term growth. For those seeking the next 100x altcoin, this may be the moment to pay close attention. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Paxos has agreed to pay $48.5 million to settle with New York’s financial regulator over issues linked to its partnership with Binance and weaknesses in how it handled anti-money laundering checks.
San Francisco, California, August 7th, 2025, Chainwire Constellation Labs d/b/a Caldera , the leading provider of rollup infrastructure solutions, today announced a strategic partnership with EigenCloud to integrate EigenDA V2 into its rollup engine. This integration unlocks industry-leading data throughput capabilities of 100 MB/s for blockchain rollups, representing a significant leap forward in blockchain scalability and performance. The partnership addresses one of the most critical challenges facing blockchain rollups today: efficient data availability. Rollups must post their transaction data to ensure the chain's state can be verified and maintained. Traditionally, this data is posted directly to Ethereum's Layer 1 (L1), which can be both expensive and limiting in terms of scalability. By leveraging a dedicated Data Availability (DA) layer instead of relying solely on Ethereum L1, rollups can achieve significantly higher performance while reducing costs. This approach opens the door to unlimited use cases and enables blockchain applications to scale without compromising on security or decentralization. “We’re incredibly excited to integrate EigenDA V2 into Caldera’s rollup engine, offering unmatched scale to our partner projects”, said Matthew Katz, CEO of Constellation Labs. “As an increasingly large set of companies come on-chain – including payment companies, fintechs, and banks – the ability to scale to new levels is absolutely paramount”. EigenDA: Built for the Future of Blockchain Infrastructure EigenDA represents a next-generation DA solution that draws inspiration from Danksharding while eliminating the need for independent consensus mechanisms. This innovative approach allows EigenDA to harness the decentralized trust inherent in the Ethereum network, backed by millions of dollars in restaked ETH to provide bulletproof economic security. The solution offers several key advantages that set it apart in the competitive data availability landscape: Guaranteed Bandwidth Through Reservations: EigenDA is the only DA solution to offer data reservations, ensuring that rollups receive guaranteed bandwidth at a fixed cost. This predictability is crucial for enterprise applications and high-throughput use cases that require consistent performance. Proven Performance at Scale: The capabilities of EigenDA are not theoretical—they've been tested and proven in real-world conditions. The Eigen team successfully demonstrated the platform's power by posting the live chain state of all Layer 1 and Layer 2 blockchains on EigenDA. Seamless Integration Through Caldera's Platform The EigenDA V2 integration will be available as a one-click option within the Caldera dashboard for any new rollup deployment. This streamlined approach eliminates the technical complexity traditionally associated with integrating advanced data availability solutions, making cutting-edge performance accessible to developers regardless of their infrastructure expertise. Existing Caldera chains may elect to switch to EigenDA V2. This flexibility ensures that all Caldera users can benefit from the partnership, whether they're launching new projects or optimizing existing deployments. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. For more information, users can visit Caldera's Official Website | X | Telegram | LinkedIn ContactCEOMatthew KatzConstellation Labs, d/b/a Calderamatt@caldera.xyz Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.