💹 MegaToken was developed to provide the general public with easy access to Bitcoin mining. Through MegaToken, anyone can gain lifelong ownership of a specific capacity of the available electricity and access the support, maintenance, and upgrading of equipment necessary to mine Bitcoin, all through green energy solutions.
💹 Each token will equal 1 watt of low-cost electricity from the power of bitcoin mining farms and can provide the holder a real daily reward in bitcoin.
🔥 Join the project's IDO on P2B: https://p2pb2b.com/ido/17/
🌐 More info: megatoken.net/
🌐 Telegram: https://t.me/megatokenhpw
🌐 Twitter: twitter.com/megatoken_hpw
💹 Each token will equal 1 watt of low-cost electricity from the power of bitcoin mining farms and can provide the holder a real daily reward in bitcoin.
🔥 Join the project's IDO on P2B: https://p2pb2b.com/ido/17/
🌐 More info: megatoken.net/
🌐 Telegram: https://t.me/megatokenhpw
🌐 Twitter: twitter.com/megatoken_hpw
🏆 Crypto Cup Kickoff: Predict Your World Cup Winner to Share the 500,000 $USDT Prize Pool!
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⚽️ Bybit is giving you a golden opportunity to earn a share of our 500,000 $USDT prize pool when you correctly predict the winners of each stage of the FIFA World Cup 2022!
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Syntropy is building the first fully-distributed routing protocol for the Internet. Their mission is to increase internet performance so it can be Web3-ready! ⚡️
Their team has created and patented a Distributed Autonomous Routing Protocol (DARP) that connects nodes across the globe and allows routing data around congestions to travel through the fast and the most optimal path.
Recent events in crypto show that every attempt to centralize something people own is designed to fail. These guys are working on a vision where the Web3 community owns the Internet, and their native $NOIA token represents the tradable bandwidth on their OBX marketplace. 🔥
Open Bandwidth Exchange (OBX) is ultimately a blockchain-based bandwidth marketplace that allows suppliers (regular people, businesses, ISPs) to monetize unused bandwidth resources.
Go and check them out!
Join their community to get more info:
https://bit.ly/3gDziOX
Follow their Twitter if you want to know about the state of the current Internet:
http://bit.ly/3tZuhDr
Their team has created and patented a Distributed Autonomous Routing Protocol (DARP) that connects nodes across the globe and allows routing data around congestions to travel through the fast and the most optimal path.
Recent events in crypto show that every attempt to centralize something people own is designed to fail. These guys are working on a vision where the Web3 community owns the Internet, and their native $NOIA token represents the tradable bandwidth on their OBX marketplace. 🔥
Open Bandwidth Exchange (OBX) is ultimately a blockchain-based bandwidth marketplace that allows suppliers (regular people, businesses, ISPs) to monetize unused bandwidth resources.
Go and check them out!
Join their community to get more info:
https://bit.ly/3gDziOX
Follow their Twitter if you want to know about the state of the current Internet:
http://bit.ly/3tZuhDr
Harvard Research Paper Urges Governments and Central Banks to Add Bitcoin to Reserves to Hedge ‘Sanction Risk
Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued.
The research paper based the idea of central bank risk hedging with bitcoin on the fact that many central banks – and in particular those facing a higher risk of US sanctions – in recent years have increased the share of their reserves made up by gold, a traditional central bank reserve asset.
According to the author, adding a BTC allocation in addition to gold would further increase the resilience against sanctions for these countries. This is especially true in cases where the country struggles to acquire enough physical gold, the author argued.
Titled Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves, the newly published research paper is written by Matthew Ferranti, a PhD candidate in economics at Harvard University.
“The ability of fiat reserve issuers to freeze transactions, which constitutes a form of de facto default on the underlying obligations, calls into question fiat reserve currencies’ status as ‘safe haven’ assets,” Ferranti wrote.
Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued.
The research paper based the idea of central bank risk hedging with bitcoin on the fact that many central banks – and in particular those facing a higher risk of US sanctions – in recent years have increased the share of their reserves made up by gold, a traditional central bank reserve asset.
According to the author, adding a BTC allocation in addition to gold would further increase the resilience against sanctions for these countries. This is especially true in cases where the country struggles to acquire enough physical gold, the author argued.
Titled Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves, the newly published research paper is written by Matthew Ferranti, a PhD candidate in economics at Harvard University.
“The ability of fiat reserve issuers to freeze transactions, which constitutes a form of de facto default on the underlying obligations, calls into question fiat reserve currencies’ status as ‘safe haven’ assets,” Ferranti wrote.
Binance Founder CZ Says Crypto Adoption Will Happen ‘Regardless’ of Government Decision on Regulation
Binance CEO Changpeng Zhao has said countries better regulate crypto rather than fight it, claiming that crypto adoption will happen no matter what.
During a Binance event in Athens, Greece on Friday, CZ noted that crypto regulation has once again become a hot topic amid the recent fallout of cryptocurrency exchange FTX. He advised countries to propose regulations rather than opposition to the crypto sector.
"I think most governments now understand that adoption will happen regardless. It's better to regulate the industry instead of trying to fight against it," Zhao said.
As reported, FTX announced that it had filed for Chapter 11 bankruptcy in Delaware a couple of weeks earlier. The exchange had lent as much as $10 billion worth of customer assets to fund risky bets by its affiliated trading firm, Alameda Research, a move that has attracted the ire of FTX users.
An estimated 1 million creditors are facing losses totaling billions of dollars. Furthermore, the FTX contagion has kept spreading over the past couple of weeks, most recently affecting crypto exchange Liquid, BlockFi, Genesis, and Gemini.
Meanwhile, CZ compared the collapse of FTX to the 2008 financial crisis but claimed the industry will be able to recover.
"(This year) was a very nasty year, the last two months too much has happened. I think now we see the industry is healthier... just because FTX happened it does not mean that every other business is bad," he said.
The CEO also remained bullish on Bitcoin adoption. When asked whether he thinks countries might start adding cryptocurrencies such as Bitcoin to their reserves in the future, Zhao said he expected countries to start, particularly those which did not have their own currency.
Binance CEO Changpeng Zhao has said countries better regulate crypto rather than fight it, claiming that crypto adoption will happen no matter what.
During a Binance event in Athens, Greece on Friday, CZ noted that crypto regulation has once again become a hot topic amid the recent fallout of cryptocurrency exchange FTX. He advised countries to propose regulations rather than opposition to the crypto sector.
"I think most governments now understand that adoption will happen regardless. It's better to regulate the industry instead of trying to fight against it," Zhao said.
As reported, FTX announced that it had filed for Chapter 11 bankruptcy in Delaware a couple of weeks earlier. The exchange had lent as much as $10 billion worth of customer assets to fund risky bets by its affiliated trading firm, Alameda Research, a move that has attracted the ire of FTX users.
An estimated 1 million creditors are facing losses totaling billions of dollars. Furthermore, the FTX contagion has kept spreading over the past couple of weeks, most recently affecting crypto exchange Liquid, BlockFi, Genesis, and Gemini.
Meanwhile, CZ compared the collapse of FTX to the 2008 financial crisis but claimed the industry will be able to recover.
"(This year) was a very nasty year, the last two months too much has happened. I think now we see the industry is healthier... just because FTX happened it does not mean that every other business is bad," he said.
The CEO also remained bullish on Bitcoin adoption. When asked whether he thinks countries might start adding cryptocurrencies such as Bitcoin to their reserves in the future, Zhao said he expected countries to start, particularly those which did not have their own currency.
Remember Syntropy that we covered a few days ago?
We are glad to announce that Syntropy will be partnering with Zenlayer! A world leader in edge cloud, Zenlayer has the most distributed and hyperconnected infrastructure in the world’s fastest-growing economic regions.
Zenlayer will join Syntropy Open Bandwidth Exchange (OBX) on the supply side and bring its edge infrastructure. It will give Syntropy’s users access to instantly scalable, high-performing network services in emerging global markets across Asia, South America, the Middle East, and Africa.
Syntropy’s native NOIA token will be used as a medium of exchange on the OBX marketplace, allowing Zenlayer to tokenize its networking infrastructure. These guys are pioneering a concept of tokenized bandwidth in the Web3 industry.
Find more details on this collab:
http://bit.ly/3EH3DUR
We are glad to announce that Syntropy will be partnering with Zenlayer! A world leader in edge cloud, Zenlayer has the most distributed and hyperconnected infrastructure in the world’s fastest-growing economic regions.
Zenlayer will join Syntropy Open Bandwidth Exchange (OBX) on the supply side and bring its edge infrastructure. It will give Syntropy’s users access to instantly scalable, high-performing network services in emerging global markets across Asia, South America, the Middle East, and Africa.
Syntropy’s native NOIA token will be used as a medium of exchange on the OBX marketplace, allowing Zenlayer to tokenize its networking infrastructure. These guys are pioneering a concept of tokenized bandwidth in the Web3 industry.
Find more details on this collab:
http://bit.ly/3EH3DUR
💹Squaddy is a Free-to-Play, Move-to-Earn NFT mobile platform that makes it fun and rewarding to live an active lifestyle and meet new people. It is an inclusive lifestyle Web3 app with built-in Game-Fi and Social-Fi elements.
The SQUADDY team is open to communication and will always be happy to answer all questions, you can write to them.
🔥Join the project's IEO on P2B: https://p2pb2b.com/token-sale/SQDY-473/🔥
🌐 More info
🌐 Twitter
🌐 Telegram
The SQUADDY team is open to communication and will always be happy to answer all questions, you can write to them.
🔥Join the project's IEO on P2B: https://p2pb2b.com/token-sale/SQDY-473/🔥
🌐 More info
🌐 Telegram
Crypto Experts Are Loading Up on These 4 Altcoins While They’re Still Cheap – Here’s Why
Top cryptocurrency news today includes Huobi's HT token price jump, Justin Sun's involvement in the first nation-backed cryptocurrecy, and a slight rally in the cryptocurrency markets. At the same time as the wider markets rally, some crypto presales are gaining huge attention from investors as well, raising millions of dollars even in overall tepid market conditions. More on this below.
The HT token price has increased by 15% over the last day due to Huobi's announcement that they will be airdropping the Dominica coin (DMC). This new digital token will be issued by the Caribbean island nation of Dominica and can be used to complete identity verification on Huobi with Dominica digital identification documents.
Meanwhile, the cryptocurrency markets recovered slightly from Monday's mild downturn, with BTC trading up 1.4% to $16,466 on the day, ETH gaining 4.1% to $1,219, and most other crypto assets also in the green. The global crypto market cap sits at $834.82 billion, a 1.80% increase in the past 24 hours.
Despite most assets recovering from Monday’s dip, markets are still relatively subdued as traders are scrambling to figure out “which parts of the cryptoverse are about to break,” as Edward Moya, senior market analyst for foreign exchange market maker Oanda, put it today in a note to investors.
Bear markets are, however, considered a time to carefully choose a diverse portfolio of assets that are well-positioned for the next bull market and potentially think about buying in at attractive price points. Token presales are one such place investors can find well-priced tokens on the ground floor before they hit the market.
One must be careful to select top presale tokens that have a proven use case, proven investor backing, and top-notch development teams, however. Tokens to consider currently in presale that meet this criteria include D2T, TARO, IMPT, and RIA.
Top cryptocurrency news today includes Huobi's HT token price jump, Justin Sun's involvement in the first nation-backed cryptocurrecy, and a slight rally in the cryptocurrency markets. At the same time as the wider markets rally, some crypto presales are gaining huge attention from investors as well, raising millions of dollars even in overall tepid market conditions. More on this below.
The HT token price has increased by 15% over the last day due to Huobi's announcement that they will be airdropping the Dominica coin (DMC). This new digital token will be issued by the Caribbean island nation of Dominica and can be used to complete identity verification on Huobi with Dominica digital identification documents.
Meanwhile, the cryptocurrency markets recovered slightly from Monday's mild downturn, with BTC trading up 1.4% to $16,466 on the day, ETH gaining 4.1% to $1,219, and most other crypto assets also in the green. The global crypto market cap sits at $834.82 billion, a 1.80% increase in the past 24 hours.
Despite most assets recovering from Monday’s dip, markets are still relatively subdued as traders are scrambling to figure out “which parts of the cryptoverse are about to break,” as Edward Moya, senior market analyst for foreign exchange market maker Oanda, put it today in a note to investors.
Bear markets are, however, considered a time to carefully choose a diverse portfolio of assets that are well-positioned for the next bull market and potentially think about buying in at attractive price points. Token presales are one such place investors can find well-priced tokens on the ground floor before they hit the market.
One must be careful to select top presale tokens that have a proven use case, proven investor backing, and top-notch development teams, however. Tokens to consider currently in presale that meet this criteria include D2T, TARO, IMPT, and RIA.
Miami Nightclub Owners Mourn The Lack of Crypto Rich Customers as Market Prices Crash
Miami nightclub owners are facing slumping sales and dwindling revenue as the crypto rich are veer away from entertainment venues amid the recent collapse of FTX and the broader crypto market downturn.
According to a new report from the Financial Times, crypto entrepreneurs who spent big at Miami nightclubs by renting an entire venue for a whole evening have gone quiet.
“Out of the blue, all these kids from crypto started coming down and spending a lot of money — like, an insane amount of money,” said Andrea Vimercati, director of food and beverage at Moxy Hotel group. “They were booking tables for $50,000, and it was like, who the hell are these people."
At the time, crypto prices were near all-time highs. The flagship cryptocurrency was trading at around $60,000 while Ethereum was near $4,000.
However, following the recent collapse of FTX, once the third-largest cryptocurrency exchange in the world, crypto prices went into a free fall. Bitcoin has plunged to below $16,000, down by 75% compared to its all-time high of around $70,000.
According to the club owners, the crypto kids, who were “95 per cent men, young . . . with a kind of nerdy style,” have “completely disappeared.”
“They wanted to show that they didn’t have any limits,” recalled Vimercati. “They were ordering 12 or 24 bottles of the most expensive champagne and just showering themselves without even drinking.”
As per the report, E11even, a famous nightclub in Miami, started accepting payments in cryptocurrency in April 2021. The club processed more than $6 million worth of transactions last year, but less than $10,000 over the past three months.
Aside from spending money in nightclubs and entertainment venues, the crypto rich kids also flooded their money into other parts of Miami’s luxury scene, namely real estate, cards, and even big yachts.
Miami nightclub owners are facing slumping sales and dwindling revenue as the crypto rich are veer away from entertainment venues amid the recent collapse of FTX and the broader crypto market downturn.
According to a new report from the Financial Times, crypto entrepreneurs who spent big at Miami nightclubs by renting an entire venue for a whole evening have gone quiet.
“Out of the blue, all these kids from crypto started coming down and spending a lot of money — like, an insane amount of money,” said Andrea Vimercati, director of food and beverage at Moxy Hotel group. “They were booking tables for $50,000, and it was like, who the hell are these people."
At the time, crypto prices were near all-time highs. The flagship cryptocurrency was trading at around $60,000 while Ethereum was near $4,000.
However, following the recent collapse of FTX, once the third-largest cryptocurrency exchange in the world, crypto prices went into a free fall. Bitcoin has plunged to below $16,000, down by 75% compared to its all-time high of around $70,000.
According to the club owners, the crypto kids, who were “95 per cent men, young . . . with a kind of nerdy style,” have “completely disappeared.”
“They wanted to show that they didn’t have any limits,” recalled Vimercati. “They were ordering 12 or 24 bottles of the most expensive champagne and just showering themselves without even drinking.”
As per the report, E11even, a famous nightclub in Miami, started accepting payments in cryptocurrency in April 2021. The club processed more than $6 million worth of transactions last year, but less than $10,000 over the past three months.
Aside from spending money in nightclubs and entertainment venues, the crypto rich kids also flooded their money into other parts of Miami’s luxury scene, namely real estate, cards, and even big yachts.
🔥Health and Fitness industry revolution is here - The Bitcoin of Healthcare🔥
💹Epillo Health Systems OÜ is a health and fitness company founded in 2020 which helps consumers manage their health, medicines, physical activity & lifestyle by making disruptive health & fitness products and services. To further spread its ideology of consumerization of healthcare, the company constantly uses cutting-edge blockchain technology and the various utilities it offers.
💹The company has developed an entire ecosystem comprising of Blockchain based smart wearable range with features like storing health & fitness data on the chain, NFT authentication, move to earn, NFT gaming and marketplace, health and wellness product marketplace, staking and swapping, Digital Therapeutics software to reduce Adverse Drug Effects based on WIPO-gazetted patent on blockchain-based drug-drug and drug-food interactions and much more.
The company aims to govern this entire ecosystem through its project token - EPILLO.
🔥Join the project's IEO on P2B: https://p2pb2b.com/token-sale/EPILLO-477/🔥
🌐 More info
🌐 Twitter
💹Epillo Health Systems OÜ is a health and fitness company founded in 2020 which helps consumers manage their health, medicines, physical activity & lifestyle by making disruptive health & fitness products and services. To further spread its ideology of consumerization of healthcare, the company constantly uses cutting-edge blockchain technology and the various utilities it offers.
💹The company has developed an entire ecosystem comprising of Blockchain based smart wearable range with features like storing health & fitness data on the chain, NFT authentication, move to earn, NFT gaming and marketplace, health and wellness product marketplace, staking and swapping, Digital Therapeutics software to reduce Adverse Drug Effects based on WIPO-gazetted patent on blockchain-based drug-drug and drug-food interactions and much more.
The company aims to govern this entire ecosystem through its project token - EPILLO.
🔥Join the project's IEO on P2B: https://p2pb2b.com/token-sale/EPILLO-477/🔥
🌐 More info
US Senator John Boozman Says Bitcoin is a Commodity, No Doubt About It – Here’s Why
U.S. Senator John Boozman (R-AR) has revealed that federal courts and the Securities and Exchange Commission (SEC) chairman view Bitcoin as a commodity.
In his opening remarks at the hearing entitled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse” on Thursday, Boozman said Bitcoin is a commodity in the eyes of prosecutors. He added that exchanges that allow the trading of BTC should be regulated by the Commodity Futures Trading Commission (CFTC).
"Bitcoin, although a cryptocurrency, is a commodity. It is a commodity in the eyes of the federal courts and in the opinion of the Securities and Exchange Commission (SEC) chairman. There is no dispute about this," he said, adding:
"If there are exchanges where commodities are traded—be it wheat, oil, or Bitcoin—then they must be regulated. It is that simple. The choice not to regulate leaves consumers at the mercy of those who would prey upon them."
The Senator mentioned the collapse of FTX, once the third largest cryptocurrency exchange in the world, saying that despite being a foreign company it delivered losses to US customers.
He added that the CFTC is the right agency to regulate digital commodities, which includes Bitcoin and thus any crypto exchange that offers BTC trading. He claimed the CFTC could help protect customers by building and implementing constructive, workable regulatory structures for markets to function in.
"There is no better example of this than the CFTC’s regulation of the futures market, which has proven to be one of the more resilient markets, in large part because of the CFTC’s tried and trusted principles-based regulatory regime."
Created in 1974, the CFTC is an independent agency of the US government that regulates the derivatives markets, which include futures, swaps, and certain kinds of options. Rostin Behnam currently serves as Chairman of the CFTC.
During the first congressional oversight hearing on Thursday, Behnam said cryptocurrency was “potentially a threat to national security” after Senators grilled him on the lack of regulation in space.
Behnam also noted that regulating crypto would not be an easy task. He said that cryptocurrencies will exist even if the U.S. government wanted to completely ban them. He said that despite regulations and restrictions known as geofencing, 2% of FTX customers were from the U.S.
U.S. Senator John Boozman (R-AR) has revealed that federal courts and the Securities and Exchange Commission (SEC) chairman view Bitcoin as a commodity.
In his opening remarks at the hearing entitled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse” on Thursday, Boozman said Bitcoin is a commodity in the eyes of prosecutors. He added that exchanges that allow the trading of BTC should be regulated by the Commodity Futures Trading Commission (CFTC).
"Bitcoin, although a cryptocurrency, is a commodity. It is a commodity in the eyes of the federal courts and in the opinion of the Securities and Exchange Commission (SEC) chairman. There is no dispute about this," he said, adding:
"If there are exchanges where commodities are traded—be it wheat, oil, or Bitcoin—then they must be regulated. It is that simple. The choice not to regulate leaves consumers at the mercy of those who would prey upon them."
The Senator mentioned the collapse of FTX, once the third largest cryptocurrency exchange in the world, saying that despite being a foreign company it delivered losses to US customers.
He added that the CFTC is the right agency to regulate digital commodities, which includes Bitcoin and thus any crypto exchange that offers BTC trading. He claimed the CFTC could help protect customers by building and implementing constructive, workable regulatory structures for markets to function in.
"There is no better example of this than the CFTC’s regulation of the futures market, which has proven to be one of the more resilient markets, in large part because of the CFTC’s tried and trusted principles-based regulatory regime."
Created in 1974, the CFTC is an independent agency of the US government that regulates the derivatives markets, which include futures, swaps, and certain kinds of options. Rostin Behnam currently serves as Chairman of the CFTC.
During the first congressional oversight hearing on Thursday, Behnam said cryptocurrency was “potentially a threat to national security” after Senators grilled him on the lack of regulation in space.
Behnam also noted that regulating crypto would not be an easy task. He said that cryptocurrencies will exist even if the U.S. government wanted to completely ban them. He said that despite regulations and restrictions known as geofencing, 2% of FTX customers were from the U.S.
Predict the BTC price and WIN $100 with P2PBET!
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What is P2PBET?
🔎P2PBET is a decentralized platform for betting based on the Binance Smart Chain. On the platform you can create bets on the price of crypto, stocks, bonds and other financial assets.
🔥Try P2PBET Free Game daily raffle!
- Sign in on the website with your e-mail address
- You get 1000 Freebet after logging in
- Just Predict the BTC price
- The one who is closest to the BTC rate wins $100 daily
- You don't need to pay anything
Join P2PBET and stay tuned - https://t.me/P2PBET!
FTX Founder Sam Bankman-Fried Publicly Refuses to Testify in US House Committee – Here’s What Happened
Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, has publicly suggested that he might not appear in the upcoming U.S. House committee’s hearing to testify on the collapse of his crypto empire.
In a tweet to the Financial Services Committee Chair Maxine Waters and the committee, Bankman-Fried said he is still not finished with “learning and reviewing what happened,” thus he might not be ready to participate in the hearing.
"Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain. I'm not sure that will happen by the 13th. But when it does, I will testify," he said.
The statement came in response to a tweet by Current Chair and Congresswoman Maxine Waters and the committee that asked him to appear in the hearing on December 13 and talk about the collapse of FTX.
As reported, the US House Financial Services Committee announced last month that it plans to hold a hearing to investigate the collapse of the crypto exchange FTX. The committee said they expected to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, and more.
At the time, Waters said that the collapse of FTX hurt over one million users, many of whom were retail traders who invested their "hard-earned" savings into the platform, only to watch it all disappear within a matter of seconds.
Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, has publicly suggested that he might not appear in the upcoming U.S. House committee’s hearing to testify on the collapse of his crypto empire.
In a tweet to the Financial Services Committee Chair Maxine Waters and the committee, Bankman-Fried said he is still not finished with “learning and reviewing what happened,” thus he might not be ready to participate in the hearing.
"Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain. I'm not sure that will happen by the 13th. But when it does, I will testify," he said.
The statement came in response to a tweet by Current Chair and Congresswoman Maxine Waters and the committee that asked him to appear in the hearing on December 13 and talk about the collapse of FTX.
As reported, the US House Financial Services Committee announced last month that it plans to hold a hearing to investigate the collapse of the crypto exchange FTX. The committee said they expected to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, and more.
At the time, Waters said that the collapse of FTX hurt over one million users, many of whom were retail traders who invested their "hard-earned" savings into the platform, only to watch it all disappear within a matter of seconds.
Crypto Traders Call New Trading Platform a 'Game-Changer' in Wake of FTX Collapse – Presale Enters Final Stage
Crypto traders and investors are extremely excited by new trading protocol Dash 2 Trade after it was announced the project will launch much sooner than expected.
In the wake of the FTX collapse, the Dash 2 Trade developers revealed they would bring their platform to market in the coming weeks and cut the presale short.
Originally, the plan was to sell 665 million D2T tokens over 9 presale stages, but the presale has now been cut to 4 with only 262.5 million tokens allocated to the presale.
With investors rushing to secure tokens, more than $9 million of investment has already been secured, with fewer than 85 million of that token allocation still available – priced at $0.0533 each – and the presale is in its final stage, making it the best new crypto to buy now.
D2T tokens power the Dash 2 Trade platform - which offers a variety of tools, metrics and insights to help traders and investors maximize profits - through a three-tiered monthly subscription service.
Crypto traders and investors are extremely excited by new trading protocol Dash 2 Trade after it was announced the project will launch much sooner than expected.
In the wake of the FTX collapse, the Dash 2 Trade developers revealed they would bring their platform to market in the coming weeks and cut the presale short.
Originally, the plan was to sell 665 million D2T tokens over 9 presale stages, but the presale has now been cut to 4 with only 262.5 million tokens allocated to the presale.
With investors rushing to secure tokens, more than $9 million of investment has already been secured, with fewer than 85 million of that token allocation still available – priced at $0.0533 each – and the presale is in its final stage, making it the best new crypto to buy now.
D2T tokens power the Dash 2 Trade platform - which offers a variety of tools, metrics and insights to help traders and investors maximize profits - through a three-tiered monthly subscription service.
Maximize Your Trading Success and Join the Elite: Upgrade to the Leading Crypto Signals, Bot & Analytics Platform Today – Presale Enters Final Stage
The Dash 2 Trade presale shows no signs of slowing down having sold another $400k of tokens in the last 24 hours and $2 million in December alone.
The D2T token presale has now seen a total of $9.25 million of investment and fewer than 80 million tokens are remain on sale and are being bought up fast.
The protocol is uniquely positioned to help traders and investors maximize their profit-earning potential and avoid nefarious projects and outright scams, making it one of the best cryptos to invest in.
Originally set to run for 9 presale rounds, Dash 2 Trade's developers opted to bring the product to market sooner than first anticipated, compelled by the fallout from the collapse of FTX and spotting a gaping hole in the market for reliable crypto intelligence.
Accessed through a monthly subscription of D2T tokens, users will receive a variety of intel, data and analytics and access a number of tools to help them expand their crypto holdings.
The Dash 2 Trade presale shows no signs of slowing down having sold another $400k of tokens in the last 24 hours and $2 million in December alone.
The D2T token presale has now seen a total of $9.25 million of investment and fewer than 80 million tokens are remain on sale and are being bought up fast.
The protocol is uniquely positioned to help traders and investors maximize their profit-earning potential and avoid nefarious projects and outright scams, making it one of the best cryptos to invest in.
Originally set to run for 9 presale rounds, Dash 2 Trade's developers opted to bring the product to market sooner than first anticipated, compelled by the fallout from the collapse of FTX and spotting a gaping hole in the market for reliable crypto intelligence.
Accessed through a monthly subscription of D2T tokens, users will receive a variety of intel, data and analytics and access a number of tools to help them expand their crypto holdings.
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire and what led to the collapse, but would participate in the hearing on December 13 as the committee believes it would be useful.
"I still do not have access to much of my data -- professional or personal. So there is a limit to what I will be able to say, and I won't be as helpful as I'd like. But as the committee still thinks it would be useful, I am willing to testify on the 13th," he said.
As reported, the US House Financial Services Committee announced last month that it plans to hold a hearing to investigate the collapse of the crypto exchange FTX. The committee said they expected to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, and more.
However, SBF said he might not appear as he is still not finished with “learning and reviewing" what happened. "Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain," he said.
The response ostensibly drew the ire of the Financial Services Committee Chair Maxine Waters, who demanded Sam Bankman-Fried participate in the upcoming hearing in a rather unfriendly tweet.
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire and what led to the collapse, but would participate in the hearing on December 13 as the committee believes it would be useful.
"I still do not have access to much of my data -- professional or personal. So there is a limit to what I will be able to say, and I won't be as helpful as I'd like. But as the committee still thinks it would be useful, I am willing to testify on the 13th," he said.
As reported, the US House Financial Services Committee announced last month that it plans to hold a hearing to investigate the collapse of the crypto exchange FTX. The committee said they expected to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, and more.
However, SBF said he might not appear as he is still not finished with “learning and reviewing" what happened. "Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain," he said.
The response ostensibly drew the ire of the Financial Services Committee Chair Maxine Waters, who demanded Sam Bankman-Fried participate in the upcoming hearing in a rather unfriendly tweet.
Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections
Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas.
On Tuesday, a Bahamian judge denied SBF bail, hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars, and violated campaign laws in what has been described as one of America's biggest financial frauds, according to a report by Reuters.
SBF was remanded to The Bahamas' only prison – Fox Hill. The facility is known to be overcrowded and have unsanitary conditions, per human rights reports.
The government of The Bahamas arrested SBF on Monday following the "receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition."
The Southern District of New York, which is investigating Bankman-Fried and the collapse of FTX and its sister trading firm Alameda, indicted SBF on eight criminal charges including wire fraud and conspiracy by misusing customer funds. If convicted on all eight counts, he could face up to 115 years in prison, CNN reported.
Separately, the Securities and Exchange Commission charged SBF with "orchestrating a scheme to defraud equity investors in FTX." SEC Chair Gary Gensler said in a statement"
Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas.
On Tuesday, a Bahamian judge denied SBF bail, hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars, and violated campaign laws in what has been described as one of America's biggest financial frauds, according to a report by Reuters.
SBF was remanded to The Bahamas' only prison – Fox Hill. The facility is known to be overcrowded and have unsanitary conditions, per human rights reports.
The government of The Bahamas arrested SBF on Monday following the "receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition."
The Southern District of New York, which is investigating Bankman-Fried and the collapse of FTX and its sister trading firm Alameda, indicted SBF on eight criminal charges including wire fraud and conspiracy by misusing customer funds. If convicted on all eight counts, he could face up to 115 years in prison, CNN reported.
Separately, the Securities and Exchange Commission charged SBF with "orchestrating a scheme to defraud equity investors in FTX." SEC Chair Gary Gensler said in a statement"
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