A US bank executive drained hundreds of thousands of dollars from the lender over a span of about three months, according to the Federal Deposit Insurance Corporation (FDIC). The FDIC says that between June 5th of 2023 and September 18th of 2023, Jessica Ann Marshall allegedly stole $345,664.66 while working as a branch manager at the Bank of Idaho in Idaho Falls, Idaho. “Respondent [Jessica Ann Marshall] also falsified Bank documents, including count sheets, in order to hide her theft and embezzlement, and directed Bank employees to sign falsified count sheets.” While Marshal neither admits nor denies the accusations, the FDIC says Marshall’s actions while serving as a Bank of Idaho executive constituted “unsafe or unsound practices.” “Respondent’s practices caused the Bank to suffer financial loss, and Respondent received financial gain. Respondent’s practices involved personal dishonesty and demonstrated Respondent’s willful and continuing disregard for the safety or soundness of the Bank.” The FDIC consequently prohibits the former Bank of Idaho branch manager from participating in the “conduct of the affairs of any financial institution or organization” in any manner. Marshall is also prohibited from “soliciting, procuring, transferring, attempting to transfer, voting, or attempting to vote any proxy, consent, or authorization with respect to any voting rights” in any US financial institution regulated by the FDIC. “The Prohibition Order is effective upon issuance and will remain effective and enforceable until the FDIC, and any ‘appropriate Federal financial institutions regulatory agency,’ … decide in writing to modify, terminate, suspend, or set aside the Order.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram 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. Generated Image: Midjourney The post Bank Executive Accused of Stealing $345,664 From Lender in Three Months, Forging Documents and Directing Staff To Falsify Records appeared first on The Daily Hodl .
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Trump Rally (TRUMPRAL) Will Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag
Trump Rally could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Rally (TRUMPRAL), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMPRAL is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Rally can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Rally could become the next viral memecoin. Trump Rally launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Rally on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Rally by entering its contract address – 9sawQZwuqdxzgtn2ZhD1eeRit425XtaXfdn57RJY6bcM – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPRAL. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. The Daily Hodl
To Catalyze AI Infrastructure – Open launches WEBisOpen Point System
San Francisco, California, January 7th, 2025, Chainwire On-chain interaction with selected Open ecosystem projects will now grant users $OPEN points. The list of the first batch of eligible projects that can earn users $OPEN points includes AISweat.Shop, Overlord.bot, Gameboi.ai, OpenDeSci Platform, with more incoming to be disclosed at https://webisopen.com/ The points from the previous @owlonmusk_ campaign will be automatically bridged/converted to $OPEN points. Check the previous campaign here: https://x.com/Owlonmusk_/status/1856245362870411344 The exact calculation of $OPEN points and utilities are yet to be disclosed. Details should soon be available at https://webisopen.com/ In addition, all Open ecosystem projects such as AiSweat.Shop (ASS), Open DeSci Platform, Overlord.bot, Follow and more are expected to generate long term incentives for Open stakeholders. What is Open? The core technology of Open is the Open Virtual Machine (OVM). OVM powers blockchains with limitless, scalable, decentralized, and verifiable compute power, giving rise to possibilities of compute-intensive applications such as AI training, scientific simulations (DeSci) and complex financial algorithm executions, all done on-chain, in an immutable, transparent and verifiable manner. OVM as the Wormhole for Complex Compute OVM serves as a bridge between blockchain’s on-chain immutability and the scalability of decentralized compute, enabling blockchain networks to run sophisticated applications like decentralized AI and scientific simulations (DeSci). By leveraging OVM, blockchains can now support advanced computations, unlocking new possibilities for high-performance, decentralized ecosystems. This architecture supports a broad range of use cases, from AI-driven decentralized apps to complex financial models, all while preserving the immutability, verifiability, scalability, high performance computability, and decentralization of on-chain operations. OVM – Verifiable AI Infrastructure On-Chain AI and Machine Learning: OVM enables resource-intensive AI and ML computations on-chain, supporting advanced applications and agents like autonomous trader AI agents, sentient sentiment agents, predictive models and personalized execution assistants while maintaining verifiability. For example, AiSweat.Shop: AiSweat.Shop (A.S.S.) is built with the AI infrastructure of Open (also known as webisOpen on X, collective includes RSS3). It allows Easy deployment of autonomous AI Agents with various decentralized financial abilities (DeFi) and the tokenization of DeAI-Fi Agents. Verifiable DeSci The Open Virtual Machine (OVM) offers a high-performance, decentralized, and verifiable compute layer, designed to democratize access to advanced computational resources. Its implementation begins with a demonstration and experimental applications on-chain analysis of genetic similarities between two viruses: SARS-CoV-2 (sequenced in Wuhan, 2019) and SARS-CoV (sequenced in Toronto, 2003) on the Open DeSci Platform, showcasing its capabilities in bridging decentralized computation with the immutability of blockchain technology. By bridging powerful decentralized computation with blockchain immutability, OVM is a Data Wormhole for innovations like verifiable and transparent AI and DeSci. This analysis is performed fully on-chain using Open’s Open Virtual Machine (OVM) within a Trusted Execution Environment (TEE) (together known as Open’s Compute Wormhole) utilizing and bridging decentralized compute from Hyperbolic Labs, to ensure integrity, immutability, determinism, and resistance to tampering. Additionally, OVM guarantees verifiability through on-chain transactions, promoting transparency and trust in the results. This demo and experiment of Open Desci Platform Alpha and its record on-chain (on Open Chain) has also been released to the public to showcase the power of OVM to the public. Users can check out this link for more information. Reproducibility Guaranteed: Every computation is verifiable and reproducible, a critical feature for peer-reviewed scientific research. Secure Data Processing: A built-in Trusted Execution Environment (TEE) safeguards sensitive data, ensuring integrity and tamper resistance throughout the computational process. Effortless Genomic Analysis: Researchers can now compare viral genomes, such as [SARS-CoV-2] and [SARS-Tor-2], in a decentralized and democratized manner, without permission and access to exclusive and expensive hardware. These capabilities can highlight the expanding potential of OVM in decentralized science (DeSci), paving the way for further innovations in transparent and democratized research. OVM – Compute Lego OVM extends blockchain’s functionality by enabling verifiable decentralized compute, allowing blockchains to securely harness limitless high performance computing power while preserving blockchain immutability and verifiability. Through its modular and scalable design, OVM enables different blockchains to be combined and integrated with decentralized compute like Lego blocks, whether for AI models or decentralized science (DeSci). OVM – Institutional DeFi Infrastructure Complex Financial Modeling: Ideal for DeFi applications, OVM allows for on-chain risk assessments, yield optimizations, and real-time derivatives pricing with verifiable and scalable compute, bringing institutional-grade modeling to on-chain decentralized finance. OVM – Gaming & Metavere Simulations OVM provides the sufficient decentralized and verifiable computational power for real-time simulations, NFT generation, and complex in-game economies on-chain, enhancing the trust and security of assets in decentralized gaming and virtual worlds. Open Ecosystem Apart from the experiments and initiatives mentioned, the Open Ecosystem has projects ranging from AI, information, socials, infrastructure, middleware, finance, data sources, creatives and media. Together Open accelerates the course of the open web. About Open (aka webisOpen on X) Open is a series of endeavors aimed at propelling the Open Web forward. Collectively, Open is the Data and Compute Wormhole for innovations like verifiable and transparent AI and DeSci. The Open ecosystem includes @RSS3_ @_RSSHub & @openinfo_ . webisOpen. Contact Marketing Lead KM KM Open Collective km@open.network The Daily Hodl