🏆 New project: PassimPay
🎁 About: Receive and send cryptocurrency payments with PassimPay securely and quickly
📑 Information:
🔘 We offer a user-friendly cryptocurrency payment system for personal and business purposes. It is a simple, intuitive multifunction tool that will help improve your financial management.
🔘 With PassimPay, you get access to the world's biggest financial market, instant payments to and from millions of users worldwide, safe crypto storage, which supports over 20 coins and much more.
✅ What we Offer:-
◾️ Instant transactions.
◾️ Scheduled and Auto payments, templates, whitelists and other settings.
◾️ Floating withdrawal fees between 0.1% and 1% for personal and never more than 3.5% for business accounts.
◾️ Account and transaction security: 2FA, IP-tracking, Master key, Alarm system, etc.
◾️ Simple API integration for any website.
◾️ Tutorial videos and detailed guides on registration, API integration, etc.
📢 Simple. Convenient. Reliable. Enjoy all the benefits of cryptocurrencies with PassimPay. Sign up here!
🌐 Don't forget to follow us on Telegram and Discord
🎁 About: Receive and send cryptocurrency payments with PassimPay securely and quickly
📑 Information:
🔘 We offer a user-friendly cryptocurrency payment system for personal and business purposes. It is a simple, intuitive multifunction tool that will help improve your financial management.
🔘 With PassimPay, you get access to the world's biggest financial market, instant payments to and from millions of users worldwide, safe crypto storage, which supports over 20 coins and much more.
✅ What we Offer:-
◾️ Instant transactions.
◾️ Scheduled and Auto payments, templates, whitelists and other settings.
◾️ Floating withdrawal fees between 0.1% and 1% for personal and never more than 3.5% for business accounts.
◾️ Account and transaction security: 2FA, IP-tracking, Master key, Alarm system, etc.
◾️ Simple API integration for any website.
◾️ Tutorial videos and detailed guides on registration, API integration, etc.
📢 Simple. Convenient. Reliable. Enjoy all the benefits of cryptocurrencies with PassimPay. Sign up here!
🌐 Don't forget to follow us on Telegram and Discord
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
➡️ Outflows from investment funds backed by Bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
💰 The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when $243.5 million left BTC-backed funds, according to new report from CoinShares.
🔸 Interestingly, the outflows from bitcoin funds happened as short-bitcoin funds – funds that make money when bitcoin prices fall – saw record inflows of $35 million for the week.
🔸 Meanwhile, funds backed by Ethereum’s native token ETH saw outflows of $12.7 million last week, a slight worsening from the $11 million of outflows seen the week before.
📈 In total for the digital asset space, the net outflows came in at $95 million, helped by inflows into the mentioned short-bitcoin funds and funds backed by other altcoins, including Litecoin (LTC), Solana (SOL), Polygon (MATIC) and XRP.
🔸 Interestingly, the outflows from bitcoin funds happened as short-bitcoin funds – funds that make money when bitcoin prices fall – saw record inflows of $35 million for the week.
🔸 Meanwhile, funds backed by Ethereum’s native token ETH saw outflows of $12.7 million last week, a slight worsening from the $11 million of outflows seen the week before.
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The presale and beta testing phases of Liquid Mining are coming to a successful end!
Taking into account that public sale start and beta testing end will happen in a same span of time, users will receive their rewards for participating in the referral system during April.
🇹🇭 Liquid Mining THA
The CEO of Liquid Mining is also providing users with essential educational videos on basics of cryptocurrency mining. This means that even the newbie in crypto can easily access the platform and start getting profits!
Twitter | Discord | Website | Chat | IOS app | Android app
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💫 Unveiling CribX: The Apex of Web3 Entertainment 💫
Excited to earn while relishing movies? 📽💰
CribX is a groundbreaking web3 entertainment network, championed by distinguished actor and filmmaker, Anthony Hayes (celebrated for GOLD featuring Zac Efron).
Bridging gaps, CribX collaborates with a range of web3 communities to present virtual entertainment via:
🔸 CribX Virtual Theater Chain
🔸 Film-inspired P2E Gaming
🔸 Live Musical Performances
🔸 Movie Screening Events
🔸 Metaverse VR Avatar Adventures
CribX has teamed up with Polygon Labs to create unmatched virtual experiences within the Metaverse! 🌌
Our platform includes:
🖥 Smart TV & Mobile App Integration
🌠 Multi-Metaverse Virtual Theater Array
🎞 Original Blockbuster Film Saga
🎮 Immersive P2E Gaming
📈 Watch2Earn Streaming Solutions
🎤 AR Live Music Shows with Top Artists
🎨 NFTs
🌍 Vast Metaverse Partnerships
📍 In-depth Roadmap
🧑🤝🧑 Open Team
🔐 Contract Verification by Solidproof
📢 Marketing Partnership with Ninjapromo.io
Although CribX has already launched its token on 23.03.2023, you still have a chance to join in and participate in the excitement.
Don't miss out on this opportunity! 🚀
This micro-transactional token will be crucial across the entire ecosystem, enabling:
🕹 In-game advancements
🏅 P2E rewards
🎟 Live music event passes and merchandise
🎥 Watch2Earn streaming capabilities
🍿 Movie debuts within our virtual theater chain
A comprehensive business model and watch-to-earn features will foster widespread adoption, positioning CribX tokens as a savvy investment option.
🎈 Grab your chance to enter the CribX giveaway! 🎈
5 fortunate winners will each obtain 100 USDT! To take part, simply follow the project's social media channels. Register now via this link: https://gleam.io/bEWXA/cribx-launch-giveaway
Don't hesitate – navigate to the website and acquire CribX tokens in the early stages for maximum advantages!
👉 http://bit.ly/3TGM26O
👉 Telegram group: https://bit.ly/42AmCribX
Excited to earn while relishing movies? 📽💰
CribX is a groundbreaking web3 entertainment network, championed by distinguished actor and filmmaker, Anthony Hayes (celebrated for GOLD featuring Zac Efron).
Bridging gaps, CribX collaborates with a range of web3 communities to present virtual entertainment via:
🔸 CribX Virtual Theater Chain
🔸 Film-inspired P2E Gaming
🔸 Live Musical Performances
🔸 Movie Screening Events
🔸 Metaverse VR Avatar Adventures
CribX has teamed up with Polygon Labs to create unmatched virtual experiences within the Metaverse! 🌌
Our platform includes:
🖥 Smart TV & Mobile App Integration
🌠 Multi-Metaverse Virtual Theater Array
🎞 Original Blockbuster Film Saga
🎮 Immersive P2E Gaming
📈 Watch2Earn Streaming Solutions
🎤 AR Live Music Shows with Top Artists
🎨 NFTs
🌍 Vast Metaverse Partnerships
📍 In-depth Roadmap
🧑🤝🧑 Open Team
🔐 Contract Verification by Solidproof
📢 Marketing Partnership with Ninjapromo.io
Although CribX has already launched its token on 23.03.2023, you still have a chance to join in and participate in the excitement.
Don't miss out on this opportunity! 🚀
This micro-transactional token will be crucial across the entire ecosystem, enabling:
🕹 In-game advancements
🏅 P2E rewards
🎟 Live music event passes and merchandise
🎥 Watch2Earn streaming capabilities
🍿 Movie debuts within our virtual theater chain
A comprehensive business model and watch-to-earn features will foster widespread adoption, positioning CribX tokens as a savvy investment option.
🎈 Grab your chance to enter the CribX giveaway! 🎈
5 fortunate winners will each obtain 100 USDT! To take part, simply follow the project's social media channels. Register now via this link: https://gleam.io/bEWXA/cribx-launch-giveaway
Don't hesitate – navigate to the website and acquire CribX tokens in the early stages for maximum advantages!
👉 http://bit.ly/3TGM26O
👉 Telegram group: https://bit.ly/42AmCribX
Arbitrum Price Prediction as ARB is listed on Binance and Coinbase – Can ARB Reach $10?
➡️ I The recently airdropped token, ARB, which powers the Arbitrum Decentralized Autonomous Organization (DAO), experienced extreme volatility in trading on Thursday.
🔹 Arbitrum, the prominent layer-2 scaling solution on the Ethereum blockchain that offers fast and cheap transactions, officially became a DAO on Thursday after airdropping just over 1 billion of its ARB token to network users.
🔹 According to TradingView, citing Kraken data, ARB/USD rallied as high at $9 per token before dumping as low as $1.10 within as little as one hour.
♾ Prices reportedly reached as high as $14 per token on ByBit.
🔹 Arbitrum, the prominent layer-2 scaling solution on the Ethereum blockchain that offers fast and cheap transactions, officially became a DAO on Thursday after airdropping just over 1 billion of its ARB token to network users.
🔹 According to TradingView, citing Kraken data, ARB/USD rallied as high at $9 per token before dumping as low as $1.10 within as little as one hour.
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Nasdaq to Launch Crypto Custody Service to Meet Growing Market Demand – Here's What You Need to Know
📲 Nasdaq aims to launch its much-anticipated crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services.
❗️ In an interview with Bloomberg on Friday, Ira Auerbach, senior vice president and head of Nasdaq Digital Assets, said Nasdaq is "pushing ahead to get all the necessary technical infrastructure and regulatory approvals in place."
❗️ Auerbach detailed that the global exchange group has applied to the New York Department of Financial Services for a limited-purpose trust company charter, which would oversee the new business.
❗️ The new crypto custody service, which will offer institutional investors a safe way to dip their toes in the digital asset industry, marks a major foray by the global securities marketplace into the crypto space.
❗️ As reported, the company said in September last year that it was looking to establish custody services and appointed Auerbach to oversee Nasdaq Digital Assets, a new division.
💬 Notably, the unit will initially offer custody services for Bitcoin and Ether. Other services, including execution services and liquidity services, will be included over time.
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Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers
🪙 Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub.
⚡️ The meeting, scheduled for April 28 at the Hong Kong Monetary Authority, is intended to “facilitate direct dialog” between the two sides and “share practical experiences and perspectives in opening and maintaining bank accounts,” Bloomberg reported Tuesday.
⚡️ The report added that the Hong Kong Monetary Authority, the city's central banking institution, will hold the meeting jointly with the Securities and Futures Commission, another top regulator overseeing stablecoins and crypto exchanges.
⚡️ The move comes as crypto companies are facing increasing difficulty when trying to set up corporate bank accounts in the city even for basic needs such as payroll accounts because of strict know-your-customer (KYC) and anti-money laundering (AML) rules.
🦊 It also comes at a time when many crypto firms are looking for new banking partners in the wake of the recent banking crisis in the US that saw three major crypto-friendly banks, including Silicon Valley Bank, Silvergate Capital, and Signature Bank, close their doors.
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Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
❌ A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.
🟠 According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade.
The function included a bug that allowed the hacker to compromise the project's liquidity pool and drain almost $9 million worth of assets.
🟠 Web3 developer DeFi Mark further explained that the attacker used the vulnerability to remove SafeMoon (SFM) tokens, causing an artificial spike in the token’s price.
🟠 "The attacker used this function to remove SFM tokens from the Safemoon-WBNB Liquidity Pool, artificially raising the price of SFM," the crypto guru said.
🪖 "The attacker was then able to sell SFM into this LP at a grossly overpriced rate within the same transaction, wiping out the remaining WBNB in the liquidity pool."
The function included a bug that allowed the hacker to compromise the project's liquidity pool and drain almost $9 million worth of assets.
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Coinbase Crypto Exchange Taps Former Shopify Executive to Lead Canadian Expansion – Here's the Latest
💰 Coinbase cryptocurrency exchange has appointed a former executive from Shopify as its new country director in Canada.
🔹 In a recent blog post, Coinbase revealed that it had taken a number of new measures as the exchange eyes expansion in Canada despite moves by the country to tighten rules around crypto amid the recent collapse of some high-profile digital asset firms. This move is part of Coinbase's strategy to adjust to the evolving regulatory landscape in Canada.
🔹 In the announcement, Coinbase said Lucas brings a wealth of experience from his time at Shopify and with leading financial institutions in Canada, and can also help the exchange with its planned expansion. For one, the exchange has tapped Lucas Matheson as its country director in Canada.
🔍 "Additionally, our global leadership team will be making frequent trips to Canada to engage with regulators, partners, and the community, to better understand the Canadian market and its unique needs."
🔹 In a recent blog post, Coinbase revealed that it had taken a number of new measures as the exchange eyes expansion in Canada despite moves by the country to tighten rules around crypto amid the recent collapse of some high-profile digital asset firms. This move is part of Coinbase's strategy to adjust to the evolving regulatory landscape in Canada.
🔹 In the announcement, Coinbase said Lucas brings a wealth of experience from his time at Shopify and with leading financial institutions in Canada, and can also help the exchange with its planned expansion. For one, the exchange has tapped Lucas Matheson as its country director in Canada.
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South Korea Stunned by ‘Crypto-motivated’ Murder – Is Crypto Crime on the Rise?
🇰🇷 South Korea has been rocked by the apparent kidnap and murder of a 48-year-old woman in Gangnam, Seoul – a crime that seems to have been motivated by crypto. Four suspects have been arrested.
The alleged crime was caught on camera and shared in news reports, such as the video below – a report from the national broadcaster MBC.
➡️ Per Chosun, Maeil Kyungjae, Joongang, and EToday, four men aged between 24 and 36 have been placed into police custody in connection with the crime. Three are believed to be the assailants in the video, with the youngest thought to be an accomplice who was employed to “follow” the woman for several months.
🪙 The identity of the victim was not revealed, but media outlets reported that she was a “former employee” of a crypto-related company. She reportedly owned considerable amounts of tokens, such as Bitcoin (BTC).
🆘 Officers added that “there may be more accomplices besides” those arrested – and were currently looking for “additional suspects.”
The alleged crime was caught on camera and shared in news reports, such as the video below – a report from the national broadcaster MBC.
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💰BIGCAP– The World's First Fully Decentralized Crypto Hedge Fund
BIGCAP aims to grow into a decentralized, transparent Celsius, where anybody can participate in helping grow the treasury.
With BIGCAP, individuals can trade portions of a collective treasury, while the treasury retains protection of its assets through loss recovery tools that minimize negative outcomes. The top traders get a cut of the total profits and win NFTs, custom rewards, and special level-ups. Through the use of smart contracts, BIGCAP provides a secure, transparent, and decentralized mechanism for individuals to collectively accumulate assets.
✅Fairly Launched: No presale, team supply allocations, or minting after launch.
✅Doxxed and Trustworthy: The BIGCAP team comprises experienced cybersecurity experts.
✅Vote for Governance: Control the treasury, ladders, and vote on creative ways to expand the project.
✅Stake for Collateral: Stake BIGCAP to trade the treasury.
✅Growth Potential: Other DeFi projects can integrate with BIGCAP to help grow their own treasuries.
Moreover, members can share their investment strategies, submit proposals, and delegate voting power.
Read a comprehensive overview of the project: Medium
Join @bigcaptoken to learn more about the project!
👉Socials:
- Website: https://bigcap.io/
- Twitter: https://twitter.com/BIGCAPProject
BIGCAP aims to grow into a decentralized, transparent Celsius, where anybody can participate in helping grow the treasury.
With BIGCAP, individuals can trade portions of a collective treasury, while the treasury retains protection of its assets through loss recovery tools that minimize negative outcomes. The top traders get a cut of the total profits and win NFTs, custom rewards, and special level-ups. Through the use of smart contracts, BIGCAP provides a secure, transparent, and decentralized mechanism for individuals to collectively accumulate assets.
✅Fairly Launched: No presale, team supply allocations, or minting after launch.
✅Doxxed and Trustworthy: The BIGCAP team comprises experienced cybersecurity experts.
✅Vote for Governance: Control the treasury, ladders, and vote on creative ways to expand the project.
✅Stake for Collateral: Stake BIGCAP to trade the treasury.
✅Growth Potential: Other DeFi projects can integrate with BIGCAP to help grow their own treasuries.
Moreover, members can share their investment strategies, submit proposals, and delegate voting power.
Read a comprehensive overview of the project: Medium
Join @bigcaptoken to learn more about the project!
👉Socials:
- Website: https://bigcap.io/
- Twitter: https://twitter.com/BIGCAPProject
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?
🇨🇭 Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer its customers cryptocurrency trading and storage services.
📍As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin and Ethereum, two of the world's largest cryptocurrencies, with more tokens expected to be added in the future, according to a Wednesday press release.
📍The bank will tap Sygnum’s institutional business-to-business (B2B) banking platform, which allows financial institutions to enter the crypto markets in a regulated and compliant manner to offer crypto services.
📢 Sygnum’s B2B network includes more than 15 partner banks and supports a “range of cryptocurrencies,” also featuring revenue-generating services like staking.
🇨🇭 Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer its customers cryptocurrency trading and storage services.
📍As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin and Ethereum, two of the world's largest cryptocurrencies, with more tokens expected to be added in the future, according to a Wednesday press release.
📍The bank will tap Sygnum’s institutional business-to-business (B2B) banking platform, which allows financial institutions to enter the crypto markets in a regulated and compliant manner to offer crypto services.
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Michael Saylor's $30M Bitcoin Acquisition Catapults His Crypto Wealth into the Billions – Here's the Latest
🪙 Exhibiting a consistently bullish stance on Bitcoin (BTC), Michael Saylor, the founder and executive chairman of software company MicroStrategy, has significantly expanded the firm's crypto exposure through a recent substantial investment.
🟡 MicroStrategy unveiled its latest BTC purchase in a filing with the U.S. regulator Securities and Exchange Commission (SEC).
🟡 “On April 5, 2023, MicroStrategy Incorporated … announced that, during the period between March 24, 2023 and April 4, 2023, MicroStrategy, together with its subsidiaries, acquired approximately 1,045 bitcoins for approximately $29.3 million in cash, at an average price of approximately $28,016 per bitcoin, inclusive of fees and expenses,” the business said in its filing.
💰 As of April 4, 2023, together with its subsidiaries, the software firm held a total of about BTC 140,000, which were bought at an aggregate price of some $4.17 billion and an average purchase price of about $29,803 per BTC, including fees and expenses, according to data released by MicroStrategy.
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Craig Wright Hints at Possible Legal Battle Against Apple Over Bitcoin White Paper – What's Going On?
🪙 Self-proclaimed Bitcoin creator Craig Wright has hinted at a possible legal battle against Apple over the storage of Bitcoin white paper on its computers, claiming it violates copyright laws.
In response to a Twitter user who asked if Apple might be “in breach of copyright” for storing the Bitcoin white paper on its computers, the Australian computer scientist said: “Yes.”
⭐️ Back in 2021, Wright filed a lawsuit against the Bitcoin website to have its copy of the Bitcoin white paper removed from the website, claiming that it violates copyright laws.
⚡️ At the time, he won a default judgment against Cobra, the operator of the Bitcoin website on a technicality, as Cobra refused to testify under his real name or provide pseudonymity-compromising oral testimony at a British court hearing.
🔔 The cryptocurrency community has long been skeptical of Wright’s claims to be the creator of Bitcoin, and he has faced legal challenges over his claims in the past.
🇬🇧 However, a recent ruling by a U.K. judge went against Wright’s claims, stating that copyright law cannot be applied to something whose subject matter is not expressed or fixed anywhere.
In response to a Twitter user who asked if Apple might be “in breach of copyright” for storing the Bitcoin white paper on its computers, the Australian computer scientist said: “Yes.”
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- Why are 300,000 people adding free WIFI hotspots to the app map every day? 🤔
The answer is that the WIFI Map community has a common mission: to make the Internet accessible to everyone 🌍
Since 2014, the app has been downloaded over 21 million times on the App Store and 138 million on the Play Store. All of these people go hand in hand to the goal of the project, and the developers appreciate and motivate their users.
Previously, users shared hotspots for special bonuses, but today also for $WIFI tokens, which developers accrue for active actions directly to the internal wallet.
💎$WIFI token already has high utility: you can already use them to get cash back from an international eSim (70+ countries) and for super VPN 🙌🏾
This is a beautiful story of how the giant application from Web2 broke right into the Web3 universe 🚀
🔥 You can buy the token on one of the top exchanges - OKX, and from today you can be first also on Gate.io
Stay connected ✌️
The answer is that the WIFI Map community has a common mission: to make the Internet accessible to everyone 🌍
Since 2014, the app has been downloaded over 21 million times on the App Store and 138 million on the Play Store. All of these people go hand in hand to the goal of the project, and the developers appreciate and motivate their users.
Previously, users shared hotspots for special bonuses, but today also for $WIFI tokens, which developers accrue for active actions directly to the internal wallet.
💎$WIFI token already has high utility: you can already use them to get cash back from an international eSim (70+ countries) and for super VPN 🙌🏾
This is a beautiful story of how the giant application from Web2 broke right into the Web3 universe 🚀
🔥 You can buy the token on one of the top exchanges - OKX, and from today you can be first also on Gate.io
Stay connected ✌️
🤑 Liquid Mining project offers one of the most profitable and deliberate referral programs!
Every user is able to earn immediate percentage from their direct referral's purchases. Moreover, by expanding the referral's trading volume, Liquid Mining customers are receiving shares in the special reward pools!
📹 Wanna know how it works? Here is the explanation!
Start earning profits by referring your friends right now! 👉LINK
Telegram | Twitter
Every user is able to earn immediate percentage from their direct referral's purchases. Moreover, by expanding the referral's trading volume, Liquid Mining customers are receiving shares in the special reward pools!
📹 Wanna know how it works? Here is the explanation!
Start earning profits by referring your friends right now! 👉LINK
Telegram | Twitter
YouTube
Liquid Mining | referral system in cloud mining
The Liquid Mining referral system allows you to earn more with us.
How does it work? It's very simple! After registering in our application, you will receive a unique invitation link. You can share this link with friends and acquaintances who are also interested…
How does it work? It's very simple! After registering in our application, you will receive a unique invitation link. You can share this link with friends and acquaintances who are also interested…
💸 Join Liquid Mining's "Race For The Container" event and win amazing prizes!
Register as a Leader or Affiliate and compete to win a free Liquid Plus Rig, Liquid Plus Rack, or Liquid Plus Container worth up to 72,000 USDT.
⏺ The event is divided into Rig, Rack, and Container leagues, and you can progress up the leagues by building your referral tree and increasing your Trading Volume.
Don't worry if you don't reach the threshold value, as you'll have a second chance in the next season.
😞 But if you fail twice, your coins will be cancelled and your equipment confiscated. Register now and join the competition today!
👉 Click HERE to register.
Telegram | Twitter
Register as a Leader or Affiliate and compete to win a free Liquid Plus Rig, Liquid Plus Rack, or Liquid Plus Container worth up to 72,000 USDT.
⏺ The event is divided into Rig, Rack, and Container leagues, and you can progress up the leagues by building your referral tree and increasing your Trading Volume.
Don't worry if you don't reach the threshold value, as you'll have a second chance in the next season.
😞 But if you fail twice, your coins will be cancelled and your equipment confiscated. Register now and join the competition today!
👉 Click HERE to register.
Telegram | Twitter
Russian MPs to Debate Crypto Law in Coming Weeks – Is Regulation Finally on Its Way?
🇷🇺 Russian politicians say they will debate a long-awaited crypto regulation bill before the end of the current parliamentary session.
The move suggests that some parts of the crypto sector may finally move out of the regulatory grey area.
🔹 The media outlet News reported that the State Duma (the Russian parliament) is set to hold a first reading for a “bill on the legalization of cryptocurrencies” in the (current) spring session.
The current session concludes at the end of July.
🔹 Anatoly Aksakov, the Chair of the State Duma Committee on the Financial Markets, was quoted as stating:
♾ “I think that in the spring session, we will adopt a law, for sure at least in the first reading. It will focus on the legalization of the use of cryptocurrencies for [overseas] payments and [overseas] financial transactions. We have agreed with the Central Bank and the government that this must be done.”
The move suggests that some parts of the crypto sector may finally move out of the regulatory grey area.
🔹 The media outlet News reported that the State Duma (the Russian parliament) is set to hold a first reading for a “bill on the legalization of cryptocurrencies” in the (current) spring session.
The current session concludes at the end of July.
🔹 Anatoly Aksakov, the Chair of the State Duma Committee on the Financial Markets, was quoted as stating:
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Twitter and eToro Partner for Stock and Crypto Trading as Musk Drives Finance Integration
🐦 Twitter and the trading platform eToro have teamed up to allow social media users to buy and sell crypto, stocks and other financial assets.News about the new partnership was first reported by CNBC on Thursday, with the article saying that Twitter will give its users access to price charts on a broader range of financial assets than before, as well as offer the opportunity to trade the same assets on eToro.
🗣️ The deal marks the first major deal for Twitter since Tesla chief and Dogecoin fan Elon Musk bought the company, CNBC noted in its report. eToro also shared the news in a tweet on Thursday, saying that the feature allows users to see information about and trade “a much wider range of stocks, crypto & other assets.”
🛠 There is very high quality content, real-time content on financial analysis of companies and what’s happening around the world. We believe this partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro.”
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Silk Road Bitcoin Thief, Once Worth $3.4 Billion, Receives One-Year Prison Sentence
🪙 A Georgia man who stole more than 50,000 Bitcoin from the Silk Road marketplace in 2012 has been sentenced to a year in prison.
📍 In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme to steal more than 51,680 Bitcoin from the Silk Road drug-trafficking site.
📍 The DOJ noted that Zhong has been charged with one count of wire fraud for unlawfully obtaining approximately 50,000 Bitcoin from the Silk Road dark web internet marketplace.
According to the federal agency, in 2021, US police searched Zhong's home in Gainesville, Georgia, and discovered approximately 50,676 bitcoin worth more than $3.36 billion.
⚠️ Notably, the seizure went unannounced until November last year, when the DOJ eventually revealed that it had discovered approximately $3.36 billion in stolen bitcoin during an unannounced 2021 raid on James Zhong's home.
📍 In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme to steal more than 51,680 Bitcoin from the Silk Road drug-trafficking site.
📍 The DOJ noted that Zhong has been charged with one count of wire fraud for unlawfully obtaining approximately 50,000 Bitcoin from the Silk Road dark web internet marketplace.
According to the federal agency, in 2021, US police searched Zhong's home in Gainesville, Georgia, and discovered approximately 50,676 bitcoin worth more than $3.36 billion.
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