⚡️Folks, something big is on the horizon! #Golcoin is gearing up to be listed on @gate_io. I'm all set to join this crypto revolution and I invite you all to be a part of it. Let's redefine the crypto landscape! 🌐 #CryptoListing #Gateio #Golcoin
Join bit.ly/TGGolcoin to discover more 🚀
Join bit.ly/TGGolcoin to discover more 🚀
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Towards a Balanced Future: A Middle-of-the-Road Approach to Crypto Regulation ✔️
🟥 As the cryptocurrency market continues to evolve, a middle-of-the-road regulatory consensus is gaining momentum, aiming to strike a balance between skepticism and optimism around crypto, Aaron Brown, a former managing director and head of financial market research at AQR Capital Management, opined in a recent piece for Bloomberg.
🟢 Four senior executives from the International Monetary Fund (IMF) recently outlined their vision for international crypto regulation in an IMF Blog. Earlier, G20 members got support from the IMF and United States to coordinate on global crypto regulations.
➡️ The executive proposed four key principles, while one principle was commended, two were criticized, and another was deemed problematic.
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GRAB $150 IN MYBRO AMA
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If you missed the previous post, MyBro is:
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Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany 📣
➡️ Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds.
🟢 Police launched an investigation into the firm, codenamed Operation Halving, earlier this year.
🟥 And in an official release, officers said that the latest phase of this operation saw officers seize some $28.7 million worth of assets in raids on addresses linked to the firm in São Paulo and Aracaju.
➡️ The raids were carried out in conjunction with the Federal Public Ministry. Officers published photographs of the raids. One of the properties appears to be an office, and was equipped with computer terminals and desks.
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Islamic Coin secured $400 million in global funding during the bear market and prepares for the launch on September 1st 🔔
📌 Islamic Coin (ISLM) is a new crypto project that has designed to create ethical finance. The coin is the native currency of HAQQ Network, a blockchain with a POS algorithm and high transaction processing speed.
➡️ Islamic Coin will officially launch on September 1 on several main CEX and DEX exchanges. But even before the listing they have already secured $400M from private investments and from ABO Digital.
👀 The potential audience of this project is over 2 billion holders. Company's developers believe that if only 3% of this audience holds ISLM, the capitalization will be comparable to Bitcoin. And they already have the biggest Twitter account among crypto Muslim community with over 1 million followers.
💬 Rumors say there may be airdrop for active members of the Islamic Coin community before the listing. To not miss this activity, you should follow the Islamic Coin on Twitter and install Haqq Wallet.
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Australian Lender Bendigo Bank Blocks “High-Risk” Crypto Payments 🟥
➡️ Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.
‼️ Announced Monday, the bank has blocked crypto transactions in a move to further enhance protection for the customers from fraud and financial crimes, Bendigo noted in a mail statement. However, the bank did not specify details regarding transactions or exchanges that will be impacted by the move.
🟢 The new rules come in addition to the existing tightening of transaction rules implemented earlier this year, the statement added.
➡️ According to ScamWatch data, investment scams topped the list this year, costing Australians nearly $200 million. As a result, the bank published a warning about crypto investment scams, stating that these scams “will be masked as an offer to purchase cryptocurrency like Bitcoin.”
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A new potential GEM on the market 👀
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Website | Telegram
Check @UBIX_Network - Worlds 1st Hybrid DAG fully built with NodeJS. It is also a powerful ecosystem, which includes 7 active projects, built to realise your ideas
UBX - a native UBIX platform token with utility and security functionality. It can be used to generate passive income - airdrops and staking 🙃
You can buy UBX on UBIX.Exchange - one of the few crypto exchanges based on a DAG (Directed Acyclic Graph) platform 🌐
What is more, it offers guaranteed listing without charge and KYC 😮
Website | Telegram
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CryptoWallet.com is a revolutionary crypto neobank that aims to finally bring about crypto mass adoption. The team is creating a platform where people can manage their crypto assets just as they would manage their fiat money.
Imagine spending your DOGE on sushi and paying for a can of cola with rewards from Cardano staking. All of this will become possible with a single banking app, but with cryptocurrency instead of fiat.
CryptoWallet.com launched a web3 campaign on Zealy for early birds — participants can win a pool of the native token $SPEND and claim a whole host of benefits in the future.
Zealy link here: https://bit.ly/cwzealyquest1
We believe it's worth engaging with activities from similar projects. The platform looks promising and the premium domain suggests that we might be dealing with a possible future unicorn.
Imagine spending your DOGE on sushi and paying for a can of cola with rewards from Cardano staking. All of this will become possible with a single banking app, but with cryptocurrency instead of fiat.
CryptoWallet.com launched a web3 campaign on Zealy for early birds — participants can win a pool of the native token $SPEND and claim a whole host of benefits in the future.
Zealy link here: https://bit.ly/cwzealyquest1
We believe it's worth engaging with activities from similar projects. The platform looks promising and the premium domain suggests that we might be dealing with a possible future unicorn.
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Bankrupt Crypto Exchange FTX Wants Dubai Entity Detangled From US Bankruptcy Filings 📌
➡️ Bankrupt digital asset exchange FTX has filed a motion to exclude its Dubai entity from the ongoing bankruptcy proceedings in the United States.
➡️ Per the motion, the company argues that FTX Dubai was not in business before Nov 2022 when bankruptcy documents were filed and as such there is no need for restructuring its operations in line with the proceedings.
🟢 The exchange admitted that pending court orders issued while FTX Dubai was part of the proceedings should remain valid but the removal request is necessary to pay pre-bankruptcy wages for its staff as well as to protect its debtors.
💬 “Additionally, FTX Dubai is balance-sheet solvent. Therefore, the Debtors believe that a solvent voluntary liquidation procedure in accordance with the laws of the United Arab Emirates would allow a timely distribution of the positive cash balance after payment of all outstanding liabilities and liquidation of all assets.”
➡️ The first hearing on the issue is slated for Aug 23 as the entity looks to revamp its platform in the region amid wider plans to relaunch the exchange.
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Bernstein Report: Top Crypto Miners Set to Benefit Most as Capacity Surges 📌
📣 Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends.
🟢 According to the report released on Aug 3, the top 4 largest miners who have invested heavily in equipment and capacity will make the most profit with Bitcoin (BTC) hovering around $30,000.
✅ In previous months, there has been an uptick in capacity increase by the top 16 publicly listed mining firms. The added capacity reflects the fact that these firms account for 16% of the total BTC mined.
➡️ Per the report, these top firms have a projected growth of 182% in the next couple of years as the upscaling spree rallies on.
🔴 With a combined mining strength of 72 exahashes per second (EH/s), the report states that it would be easier for these companies to break even as firms recover from the turbulent months of 2022.
💬 “However, the larger miners with low cost of production and low debt are likely to be the big beneficiaries of capacity addition, with greater capacity to withstand any bitcoin price volatility and cost spike from upcoming bitcoin halving in Q1 2024.”
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Media is too big
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Attention all music lovers! Tune.fm is on a mission to transform the music industry with their decentralized music streaming platform with integrated music NFT marketplace, aka “web3 Spotify". Their motto is simple: "when the music gets played, the artist gets paid".
Tune.fm offers streaming royalty micropayments and allows for fans to purchase unique NFTs that represent their favorite songs or albums. Music NFTs can have streaming royalties, exclusive experiences, and access to the artist like backstage passes, VIP packages, meetups, and more, making them a truly unique and valuable asset. And the best part? Jam is the currency of the music economy, which means that users can earn $JAM tokens through their play-to-earn (P2E) aspect of promoted music.
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Tune.fm offers streaming royalty micropayments and allows for fans to purchase unique NFTs that represent their favorite songs or albums. Music NFTs can have streaming royalties, exclusive experiences, and access to the artist like backstage passes, VIP packages, meetups, and more, making them a truly unique and valuable asset. And the best part? Jam is the currency of the music economy, which means that users can earn $JAM tokens through their play-to-earn (P2E) aspect of promoted music.
With Tune.fm, users can support talented musicians and explore a variety of music genres while contributing to a fair and transparent music industry. Songwriters and artists can easily monetize their music through instant royalties and micropayments technology.
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Coinbase Report Says 19% of New York Residents Own Cryptocurrencies ♾
⚡️ Leading crypto exchange Coinbase published a report on Tuesday highlighting the crypto adoption and innovation in the New York state. Coinbase conducted a survey, which noted that 19% or one-fifth of New York responders own crypto.
➡️ The exchange has been conducting a series of reports titled “United States of Crypto” and this time, the fourth edition of the report analyses the swift adoption of crypto and web3 technologies in New York.
💬 “It is heartening to witness the resolute efforts of individuals in the U.S., especially in New York, where crypto and web3 adoption is rapidly gaining traction: 19% of New York residents own crypto.”
📣 Furthermore, the study said that New Yorkers are “optimistic” about the possibilities of crypto. One in three agree that cryptos make the financial system fairer and is a “worthwhile investment for the future.”
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The moment we've all been waiting for is finally here – our Friday Fireside Chats are making a grand comeback + Firepot Zealy Campaign Starts soon! 🔥
We're rolling out a special Twitter Space, and it's all about diving into the world of the $HOTT Token and getting the breakdown on the Firepot Roadmap. We want each and every one of you to be part of this awesome event. It's a chance to dig deeper into what makes Firepot tick and get a sneak peek into what's cooking in the weeks ahead.
There's a sweet reward waiting for the liveliest and most engaged listeners – a cool $100 USDT up for grabs! 🎁 So, don't keep it to yourself – spread the word far and wide!
Set your calendars here. To participate you just have to follow us and join the twitter space! It's going to be a blast – see you there ! 🔥📅🎉
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We're rolling out a special Twitter Space, and it's all about diving into the world of the $HOTT Token and getting the breakdown on the Firepot Roadmap. We want each and every one of you to be part of this awesome event. It's a chance to dig deeper into what makes Firepot tick and get a sneak peek into what's cooking in the weeks ahead.
There's a sweet reward waiting for the liveliest and most engaged listeners – a cool $100 USDT up for grabs! 🎁 So, don't keep it to yourself – spread the word far and wide!
Set your calendars here. To participate you just have to follow us and join the twitter space! It's going to be a blast – see you there ! 🔥📅🎉
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SEC Delays Decision on Ark Invest’s Spot Bitcoin ETF Application, Calls For Public Input 📌
🔔 The US Securities and Exchange Commission (SEC) just delayed a decision on Ark Invest’s spot bitcoin exchange-traded fund (ETF) application by at least eight weeks by calling for a period of public comment.
➡️ The agency published an order calling for public input on Ark Invest’s Ark 21Shares Bitcoin ETF application, a standard move employed by the agency to buy time. Ark Invest and 21Shares have been pursuing the approval of a spot Bitcoin ETF since 2021.
‼️ The delay comes as no surprise. Ark Invest CEO Cathie Wood said in an interview with Bloomberg earlier this week that she expected a delay because she thinks the SEC will approve several spot Bitcoin ETF applications simultaneously.
➡️ Back in June, a wave of Wall Street heavyweights including the likes of BlackRock, Fidelity and Vanguard applied for spot Bitcoin ETF applications for the first time.
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Auradine: How a Crypto Startup Secured $81 Million with a Visionary Pitch ✏️
⚠️ Crypto startup Auradine has managed to secure a staggering $81 million in its debut funding round, even without a product or customers to its name, a recent article from Fortune Crypto has revealed. This substantial amount, garnered solely from a pitch deck, raises eyebrows, particularly amidst a challenging crypto market phase.
➡️ The trio behind Auradine – Rajiv Khemani, Barun Kar, and Patrick Xu – raised this capital without a tangible offering, and the funds were divided into $71 million in equity funding and an additional $10 million loan. Notably, the $81 million raise occurred in two installments over the course of 2022.
➡️ The startup's vision revolves around developing hardware to facilitate specialized computations encompassing Bitcoin (BTC) mining, advanced cryptography, and artificial intelligence (AI).
✔️ The company recently unveiled its Bitcoin mining system Teraflux, incorporating a four-nanometer silicon transistor, a technological advancement aimed at boosting mining efficiency.
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Savl Wallet is the Swiss Army knife of apps for DeFi and cryptocurrency enthusiasts. With its user-friendly interface, it offers more features than any other digital wallet on the market.
✅ Savl is the only digital wallet with built-in KYT (Know Your Transaction/Anti Money Laundering) address verification, for enhanced transactional security.
✅ With Savl you can effortlessly swap cryptos and tokens via DEX/CEX protocols.
✅ Savl is a self-custodial and users can easily buy and manage 250+ different cryptos and tokens while retaining full control over their assets and private keys.
✅ Our latest feature, 'Community', is a world-first. It enables users to communicate with like-minded people, stay up-to-date, and directly interact with leading crypto brands and products.
✅ Savl offers staking on Solana, ROSE, and Velas, with rewards ranging from 4% to 8% APY.
Get Savl now by clicking on the link or simply search “Savl” in the App Store or Google Play.
✅ Savl is the only digital wallet with built-in KYT (Know Your Transaction/Anti Money Laundering) address verification, for enhanced transactional security.
✅ With Savl you can effortlessly swap cryptos and tokens via DEX/CEX protocols.
✅ Savl is a self-custodial and users can easily buy and manage 250+ different cryptos and tokens while retaining full control over their assets and private keys.
✅ Our latest feature, 'Community', is a world-first. It enables users to communicate with like-minded people, stay up-to-date, and directly interact with leading crypto brands and products.
✅ Savl offers staking on Solana, ROSE, and Velas, with rewards ranging from 4% to 8% APY.
Get Savl now by clicking on the link or simply search “Savl” in the App Store or Google Play.
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🚀 Unleash the Power of Dexsport: Safe and Transparent Betting 🚀
Experience the future of betting with Dexsport! The cutting-edge Web3 platform operates on BNB Chain, Ethereum, Polygon, OKC, Avalanche, Arbitrum blockchains, offering you a secure and transparent betting experience.
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BlockFi Complies with Court Order, Permits Crypto Withdrawals for Eligible US Users 🟢
➡️ On August 17, BlockFi, a New Jersey-based crypto lending company, stated that it had initiated withdrawals for eligible users' wallets in the US in compliance with a court order issued by the US Bankruptcy Court for the District of New Jersey.
🔔 However, due to ongoing legal proceedings, these withdrawals only apply to some wallets managed by international users.
💬 "As authorized by the Court in the Wallet Order, at this time, eligible clients include U.S.-based BlockFi Wallet account holders who [...] did not withdraw or transfer more than $7,575 worth of digital assets from their BlockFi Interest Account (BIA) or BlockFi Private Client (BPC) on or after November 2, 2022 [and] did not hold any trade-only assets in their Wallet at the time of Platform Pause on November 10, 2022, at 8:15 P.M. ET," said BlockFi in its notice to users.
🟢 In late November, when BlockFi sought Chapter 11 bankruptcy protection due to FTX-related issues, it stated that the move is a crucial stride towards returning assets to clients through the Chapter 11 cases, the company said in a user communication.
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eToro Co-founder Yoni Assia: From Finance Enthusiast to Crypto Pioneer 🟥
🔔 Stock and crypto trading platform eToro listed Bitcoin (BTC) on its exchange in December 2013. Two months later, the asset’s price plummeted from $1200 to $150 after the fall of Mt. Gox, the world’s largest Bitcoin exchange at the time.
💬 “Everybody around us thought this is it – Bitcoin is dead,” said Yoni Assia, co-founder, and CEO of eToro, in an interview with CoinTelegraph.
➡️ The event had already followed multiple boom and bust cycles that the executive had experienced throughout his investment career. Assia rose and fell during the dot-com bubble of the early 2000s. He later launched eToro in 2007 as a more user-friendly alternative for stock trading – a year before the great financial crisis.
⚠️ The company found a way to prosper during the collapse, offering valuable lessons about making money. “We learned […] that crisis actually generates a lot of internet interest in what is happening in finance,” Assia said.
📌 Bitcoin was infamously launched in 2009 largely as a response to the banking crisis at the time, offering peer-to-peer digital value transfer for the first time ever.
🟢 Upon discovering Bitcoin in 2010, Assia saw an opportunity to potentially tokenize assets on top of Bitcoin, before eventually bringing the entire financial industry to the blockchain.
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💲Monetize Your Digital Artworks💲
HeartX, the open art marketplace and community that embraces all art-lovers, encourages them to create artworks and submit them to the HeartX platform. HeartX believes in the power of diverse creative approaches, including using various tools like Artificial Intelligence Generated Content (AIGC), to express unique artistic visions. At HeartX, art knows no boundaries, and we celebrate all forms of creativity and innovation.✨
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HeartX, the open art marketplace and community that embraces all art-lovers, encourages them to create artworks and submit them to the HeartX platform. HeartX believes in the power of diverse creative approaches, including using various tools like Artificial Intelligence Generated Content (AIGC), to express unique artistic visions. At HeartX, art knows no boundaries, and we celebrate all forms of creativity and innovation.✨
All users can upload their creative digital artworks, whether they are human-generated or AI-generated! Those whose artworks are recognized will enjoy the benefits of being more showcased, featured on the homepage, and listed for sale!💰
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@Announcement: Extension of Tix Promotion Period
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