💰 Crypto dot com accidentally sent 280,000 ETH of their cold storage to Gate.
#CryptoCom acting so funny these days 😂
#CryptoCom acting so funny these days 😂
🥇 Binance announced that it will delist the following spot trading pairs on November 28, 2022:
ARK/BTC
BEAM/BTC
BTCST/BTC
BTCST/USDT
GTO/BTC
GTO/USDT
MITH/BTC
MITH/BNB
PERL/BTC
PNT/BTC
REP/BTC
SRM/BNB
SRM/BTC
SRM/USDT
TRIBE/USDT
XEM/BTC
ARK/BTC
BEAM/BTC
BTCST/BTC
BTCST/USDT
GTO/BTC
GTO/USDT
MITH/BTC
MITH/BNB
PERL/BTC
PNT/BTC
REP/BTC
SRM/BNB
SRM/BTC
SRM/USDT
TRIBE/USDT
XEM/BTC
🏦 Crypto.com releases proof-of-reserves study conducted by Mazars
Crypto.com released a proof-of-reserves study it says enables users to verify that their assets are fully backed.The process was conducted by Mazars Group, which compared assets held in an on-chain address proven to be controlled by Crypto.com with customer balances.🚀 Elon Musk suddenly followed the official Twitter account of OKX, the only cryptocurrency exchange account that he followed.
While Binance backed Musk’s $500 million acquisition of Twitter, Musk has not followed Binance or CZ’s Twitter account.
Elon Musk has unfollowed OKX after widespread media coverage.
While Binance backed Musk’s $500 million acquisition of Twitter, Musk has not followed Binance or CZ’s Twitter account.
Elon Musk has unfollowed OKX after widespread media coverage.
Next 5-10 years are probably your last opportunity to make x100-x1000 in the Crypto market.
What can I (and you) do here:
✔️use 10-20% of monthly income to buy crypto: BTC, ETH or DCA into stablecoins and find yourself a safe platform which will grow that supply
✔️invest into infrastructural blockchain project with actively developing ecosystems
In my blog I will try to simplify as much as I can from my education in investing and 7+ years of experience in crypto.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
What can I (and you) do here:
✔️use 10-20% of monthly income to buy crypto: BTC, ETH or DCA into stablecoins and find yourself a safe platform which will grow that supply
✔️invest into infrastructural blockchain project with actively developing ecosystems
In my blog I will try to simplify as much as I can from my education in investing and 7+ years of experience in crypto.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
🏦 Bitfinex closes week leading Bitcoin reserves according to Glassnode
The detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC. BitMEX places fourth, with just over $1 billion in BTC. Crypto.com, ByBit, and KuCoin came as the fifth.
The detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC. BitMEX places fourth, with just over $1 billion in BTC. Crypto.com, ByBit, and KuCoin came as the fifth.
⚡️ Sam Bankman-Fried has signed extradition papers
Sam Bankman-Fried, founder and former CEO of FTX, has signed extradition papers, according to a report from Reuters on Dec. 20. Early reports suggested that Bankman-Fried and his legal team would fight against extradition to the U.S. Bankman-Fried has been held in the medical unit of Fox Hill Prison, the Bahamas’ only jail, since his arrest on Dec. 12. The exchange founder has attended numerous hearings in the Bahamas since then. His next hearing is scheduled for Wednesday, Dec. 21, at 11 a.m. EST. It is still unclear when he may be sent to the United States. Bankman-Fried had changed his stance and would cooperate with the extradition order.
Sam Bankman-Fried, founder and former CEO of FTX, has signed extradition papers, according to a report from Reuters on Dec. 20. Early reports suggested that Bankman-Fried and his legal team would fight against extradition to the U.S. Bankman-Fried has been held in the medical unit of Fox Hill Prison, the Bahamas’ only jail, since his arrest on Dec. 12. The exchange founder has attended numerous hearings in the Bahamas since then. His next hearing is scheduled for Wednesday, Dec. 21, at 11 a.m. EST. It is still unclear when he may be sent to the United States. Bankman-Fried had changed his stance and would cooperate with the extradition order.
🚨 Ren to mint 180 million tokens to fund transition to new version
The governance members of Ren, a project that oversees a tokenized bitcoin called renBTC, voted to mint 180 million REN tokens ($10.8 million). They will be used as fresh capital to fund a new Ren 2.0 protocol after the collapse last month of Ren’s main backer, Alameda Research.
Ren was acquired in February 2021 by Alameda, but its collapse removed Ren's main source of financial support. The team then decided to wind down operations for its existing protocol (Ren 1.0) and replace it with a new community-run alternative (Ren 2.0), it said. To fund transition to the second version, the team requested new funding in the form of fresh REN tokens.
The governance members of Ren, a project that oversees a tokenized bitcoin called renBTC, voted to mint 180 million REN tokens ($10.8 million). They will be used as fresh capital to fund a new Ren 2.0 protocol after the collapse last month of Ren’s main backer, Alameda Research.
Ren was acquired in February 2021 by Alameda, but its collapse removed Ren's main source of financial support. The team then decided to wind down operations for its existing protocol (Ren 1.0) and replace it with a new community-run alternative (Ren 2.0), it said. To fund transition to the second version, the team requested new funding in the form of fresh REN tokens.
400M Twitter users' data is reportedly on sale in the black market
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
Source 📰
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
Source 📰
🆘 #MangoMarkets Exploiter Eisenberg Arrested in Puerto Rico
Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained #DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.
Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained #DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.
🟠 Binance secures 14 licenses, grows headcount to 7,500 in 2022
Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. As of the end of 2022, the exchange serves over 120 million users from all over the world. Binance also focused on securing regulatory licenses from various countries throughout the year. As of the end of 2022, Binance holds 14 licenses from 14 different countries across the globe, including Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand. Binance will continue to engage with the regulators of these countries to ensure that it meets all local requirements.
Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. As of the end of 2022, the exchange serves over 120 million users from all over the world. Binance also focused on securing regulatory licenses from various countries throughout the year. As of the end of 2022, Binance holds 14 licenses from 14 different countries across the globe, including Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand. Binance will continue to engage with the regulators of these countries to ensure that it meets all local requirements.
🔸 Gold broke new local high and Now trading at a six-month high.
Due to uncertainty and developments, the outlook for gold over the next couple of years is bullish.
- Countries around the world are decreasing their foreign currency reserves and increasing their gold reserves.
- Russia’s largest bank Sber 🇷🇺 reported the first issue of gold-backed digital financial assets (DFAs).
- BRICS Countries plan to launch a gold-backed CBDC.
Target : $2100 - $2300 (in 2023)
Bullish on gold, gold ETFs and gold sector stocks.
Due to uncertainty and developments, the outlook for gold over the next couple of years is bullish.
- Countries around the world are decreasing their foreign currency reserves and increasing their gold reserves.
- Russia’s largest bank Sber 🇷🇺 reported the first issue of gold-backed digital financial assets (DFAs).
- BRICS Countries plan to launch a gold-backed CBDC.
Target : $2100 - $2300 (in 2023)
Bullish on gold, gold ETFs and gold sector stocks.
🏦 Coinbase Pays $100 Million To New York Regulator Fine For AML Regulatory Vulnerability
After looking into Coinbase’s compliance program, the New York State Department of Financial Services, or NYDFS, has come to an agreement with the company. The NYDFS fined Coinbase $50 million and compelled the company to invest another $50 million into its compliance program. Following a settlement with the regulator, which discovered glaring gaps in the cryptocurrency exchange’s review of customer IDs and notifications on transactions, the NYDFS fined Coinbase $50 million and compelled the company to invest another $50 million into its compliance program. according to the financial authority. The NYDFS reported problems with user onboarding and transaction monitoring procedures.
After looking into Coinbase’s compliance program, the New York State Department of Financial Services, or NYDFS, has come to an agreement with the company. The NYDFS fined Coinbase $50 million and compelled the company to invest another $50 million into its compliance program. Following a settlement with the regulator, which discovered glaring gaps in the cryptocurrency exchange’s review of customer IDs and notifications on transactions, the NYDFS fined Coinbase $50 million and compelled the company to invest another $50 million into its compliance program. according to the financial authority. The NYDFS reported problems with user onboarding and transaction monitoring procedures.
🇮🇳 RBI Governor Says Cryptocurrency Is Gambling With No Economic Value
Shaktikanta Das, the governor of the Reserve Bank of India (RBI), spoke at the Business Today Banking and Economy Summit and reaffirmed his position calling for the outlawing of cryptocurrencies on the grounds that they are speculative and similar to gambling. The governor of the RBI restated the position of the central bank on cryptocurrencies, saying they should be outlawed. According to Das, the RBI’s position on cryptocurrencies is unchanged, noting that they should be viewed like gambling activities rather than as financial products, India Today reported on January 13. Das claimed that the lack of underlying value in cryptocurrencies is what poses the greatest threat to the financial sector.
Shaktikanta Das, the governor of the Reserve Bank of India (RBI), spoke at the Business Today Banking and Economy Summit and reaffirmed his position calling for the outlawing of cryptocurrencies on the grounds that they are speculative and similar to gambling. The governor of the RBI restated the position of the central bank on cryptocurrencies, saying they should be outlawed. According to Das, the RBI’s position on cryptocurrencies is unchanged, noting that they should be viewed like gambling activities rather than as financial products, India Today reported on January 13. Das claimed that the lack of underlying value in cryptocurrencies is what poses the greatest threat to the financial sector.
🆘 Genesis Crypto Lending Businesses Files for Bankruptcy.
Names among Genesis creditors:
• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m
Source
Names among Genesis creditors:
• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m
Source