Decentralized Futures - Traders' Salvation in 2023
After the collapse of FTX and many investment funds, most users questioned the reliability of centralized exchanges. CEX exchanges hold user funds and also require KYC verification with personal information about users.
On the other hand, centralized exchanges have the main tool of traders - futures, which help traders to maximize profits from each transaction.
🤔 So what to choose here? Safety or leverage?
Choose both! The Decentralized Dexilon 👈exchange allows traders to trade derivatives. On Dexilon users keep their funds solely in their wallets.
🔥 The main advantages of DEX Dexilon:
- No KYC required
- Ability to trade futures with 10x leverage
- Deflationary DXLN token
- Custom blockchain processes 1000 transactions per second (TPS)
- Every user keeps his funds in his wallet
- Minor 0.05-0.015% transaction fee compared to other decentralized exchanges
- CEX-like user-friendly and handy terminal
At the moment Dexilon is in the testnet stage and will be available on the mainnet very soon.
🎁 At the current stage of the project, Dexilon especially appreciates and rewards new users and community members, so stay tuned:
- Telegram EN chat 👈
Other official links can be found on our website and in the Telegram EN chat
📚 You can deeply explore Dexilon - the cutting-edge technology in crypto space and security here 👉 GitBook.
After the collapse of FTX and many investment funds, most users questioned the reliability of centralized exchanges. CEX exchanges hold user funds and also require KYC verification with personal information about users.
On the other hand, centralized exchanges have the main tool of traders - futures, which help traders to maximize profits from each transaction.
🤔 So what to choose here? Safety or leverage?
Choose both! The Decentralized Dexilon 👈exchange allows traders to trade derivatives. On Dexilon users keep their funds solely in their wallets.
🔥 The main advantages of DEX Dexilon:
- No KYC required
- Ability to trade futures with 10x leverage
- Deflationary DXLN token
- Custom blockchain processes 1000 transactions per second (TPS)
- Every user keeps his funds in his wallet
- Minor 0.05-0.015% transaction fee compared to other decentralized exchanges
- CEX-like user-friendly and handy terminal
At the moment Dexilon is in the testnet stage and will be available on the mainnet very soon.
🎁 At the current stage of the project, Dexilon especially appreciates and rewards new users and community members, so stay tuned:
- Telegram EN chat 👈
Other official links can be found on our website and in the Telegram EN chat
📚 You can deeply explore Dexilon - the cutting-edge technology in crypto space and security here 👉 GitBook.
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ANNOUNCEMENT 🔊 To celebrate Lamborghini’s 60th anniversary, the iconic brand is releasing a commemorative collectible which will be airdropped to “The Epic Road Trip” collectors who have purchased 2 or more NFTs across Drops 1 through 7.
✅ In addition, all holders of the commemorative NFT will receive token-gated access to an exclusive, AMA-style session with senior Lamborghini executives discussing Lamborghini's past, present, and future.
💎 Collect the next puzzle piece to get one step closer to Lamborghini’s puzzle reveal, with some seriously valuable prized possessions unleashed
“Off the beaten track” goes live (20th Feb – 23 Feb) Available on ETH!
💰Sound the alarm. We’re offering collectors the rarest opportunity to possess a piece of Automobili Lamborghini’s heritage – yours to keep forever.
🔒There will be 3 Limited Edition NFTs available for purchase for 24 hours each --- collect all 3 and receive 60-minutes of Early Access to the Rare Limited Edition NFT.
ALL Silver or Gold NFTs to receive NFT token revealing “The Epic Road Trip” Puzzle with new vehicle unveiling
🚨HOLDER BENEFITS🚨
❗️Claim Lamborghini Wallpapers and Centro Stile Sketch Airdrops
💎 Register and join Discord for Early Access
💎Join the Discord at https://lam.bo/Discord_Tw
💎Mint here https://nft.lamborghini.com 👇
🚀Starts Monday 20th of Feb - Thursday 23 February
✅ In addition, all holders of the commemorative NFT will receive token-gated access to an exclusive, AMA-style session with senior Lamborghini executives discussing Lamborghini's past, present, and future.
💎 Collect the next puzzle piece to get one step closer to Lamborghini’s puzzle reveal, with some seriously valuable prized possessions unleashed
“Off the beaten track” goes live (20th Feb – 23 Feb) Available on ETH!
💰Sound the alarm. We’re offering collectors the rarest opportunity to possess a piece of Automobili Lamborghini’s heritage – yours to keep forever.
🔒There will be 3 Limited Edition NFTs available for purchase for 24 hours each --- collect all 3 and receive 60-minutes of Early Access to the Rare Limited Edition NFT.
ALL Silver or Gold NFTs to receive NFT token revealing “The Epic Road Trip” Puzzle with new vehicle unveiling
🚨HOLDER BENEFITS🚨
❗️Claim Lamborghini Wallpapers and Centro Stile Sketch Airdrops
💎 Register and join Discord for Early Access
💎Join the Discord at https://lam.bo/Discord_Tw
💎Mint here https://nft.lamborghini.com 👇
🚀Starts Monday 20th of Feb - Thursday 23 February
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Aussie regulators review Binance Australia Derivatives over account closures.
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
😨Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholesale clients.”
This incident caused a flurry of responses from users on social media, and the next day, the Australian Securities and Investments Commission (ASIC) announced it would be conducting a 🔍“targeted review” of Binance’s local derivatives operations.
According to a statement from a spokesperson of the regulator on Feb. 24, the review of Binance Australia Derivatives will include the company’s “classification of retail clients and wholesale clients.“
The spokesperson added:
“It has not yet reported these matters to ASIC in accordance with its obligations under its Australian financial services license.”
However, the spokesperson said the regulator “is aware of Binance’s social media posts,” which were made shortly after users began posting screenshots of the notices on Twitter.
Binance took to social media to clarify the incident, saying that it closed derivatives positions and accounts for some users who they incorrectly classified as “wholesale clients.” Currently the platform is only available to wholesale investors.
A few hours after its initial posts, Binance said 500 users were affected by the remediation.
A spokesperson from Binance reiterated that the exchange is “committed” to adhering to local Australian laws.
Changpeng “CZ” Zhao, the co-founder and CEO of Binance, tweeted that all users will be compensated of any losses and to ignore the FUD. He also mentioned that the company is looking into the situation to see if reopening futures in Australia will be an option in the future.
💵The Binance cryptocurrency exchange is the largest in the world and has been very public about its efforts to comply with the regulatory requirements of its local operations.
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
😨Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholesale clients.”
This incident caused a flurry of responses from users on social media, and the next day, the Australian Securities and Investments Commission (ASIC) announced it would be conducting a 🔍“targeted review” of Binance’s local derivatives operations.
According to a statement from a spokesperson of the regulator on Feb. 24, the review of Binance Australia Derivatives will include the company’s “classification of retail clients and wholesale clients.“
The spokesperson added:
“It has not yet reported these matters to ASIC in accordance with its obligations under its Australian financial services license.”
However, the spokesperson said the regulator “is aware of Binance’s social media posts,” which were made shortly after users began posting screenshots of the notices on Twitter.
Binance took to social media to clarify the incident, saying that it closed derivatives positions and accounts for some users who they incorrectly classified as “wholesale clients.” Currently the platform is only available to wholesale investors.
A few hours after its initial posts, Binance said 500 users were affected by the remediation.
A spokesperson from Binance reiterated that the exchange is “committed” to adhering to local Australian laws.
Changpeng “CZ” Zhao, the co-founder and CEO of Binance, tweeted that all users will be compensated of any losses and to ignore the FUD. He also mentioned that the company is looking into the situation to see if reopening futures in Australia will be an option in the future.
💵The Binance cryptocurrency exchange is the largest in the world and has been very public about its efforts to comply with the regulatory requirements of its local operations.
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions🏛
💱Huobi and KuCoin, two of the world's largest crypto exchanges have reportedly continued to provide services to customers of sanctioned Russian banks.
🚫The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued by sanctioned Russian banks, including Sberbank, on their peer-to-peer platforms, Bloomberg reported, citing research from the blockchain analytics firm Inca Digital provided.
❌Adam Zarazinski, CEO of Inca Digital, said in an interview Friday that this could be a violation of US and European sanctions. He noted that the transactions often involve Tether, a dollar-pegged stablecoin launched by Tether Limited, which has been facing significant regulatory scrutiny over the past years.
“Tether is frequently used by Russians to move money out of the country," Zarazinski said. "It is absolutely used by these two exchanges in particular to provide crypto banking services to sanctioned Russian banks.”
KuCoin executives dismissed the report while Huobi advisor Justin Sun did not address the claim. “KuCoin does not support the withdrawal and deposit of the cards issued by Russian banks,” Johnny Lyu, chief executive officer at KuCoin, reportedly said.
The report also claimed the world's largest cryptocurrency exchange, Binance, offers “multiple methods for Russians to convert local currency into crypto,” including via their over-the-counter trading desk and a peer-to-peer marketplace.
💱Huobi and KuCoin, two of the world's largest crypto exchanges have reportedly continued to provide services to customers of sanctioned Russian banks.
🚫The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued by sanctioned Russian banks, including Sberbank, on their peer-to-peer platforms, Bloomberg reported, citing research from the blockchain analytics firm Inca Digital provided.
❌Adam Zarazinski, CEO of Inca Digital, said in an interview Friday that this could be a violation of US and European sanctions. He noted that the transactions often involve Tether, a dollar-pegged stablecoin launched by Tether Limited, which has been facing significant regulatory scrutiny over the past years.
“Tether is frequently used by Russians to move money out of the country," Zarazinski said. "It is absolutely used by these two exchanges in particular to provide crypto banking services to sanctioned Russian banks.”
KuCoin executives dismissed the report while Huobi advisor Justin Sun did not address the claim. “KuCoin does not support the withdrawal and deposit of the cards issued by Russian banks,” Johnny Lyu, chief executive officer at KuCoin, reportedly said.
The report also claimed the world's largest cryptocurrency exchange, Binance, offers “multiple methods for Russians to convert local currency into crypto,” including via their over-the-counter trading desk and a peer-to-peer marketplace.
📊 CryptoUnity, a user-friendly cryptocurrency exchange, has recently launched an ICO to offer easy access to cryptocurrency trading along with training and support. The exchange has already accomplished several significant milestones, including three successful pre-sale phases, a global partnership with Lenovo, and the highest Audit Trust Score on Certik.
👉The first phase of the ICO is currently ongoing, and interested investors can register on CryptoUnity's whitelist to purchase CUT tokens at the best possible prices.
🍋Investing in CryptoUnity can be a wise move for investors looking to take advantage of the growing number of beginners entering the cryptocurrency market and potentially multiply their investment.
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👉The first phase of the ICO is currently ongoing, and interested investors can register on CryptoUnity's whitelist to purchase CUT tokens at the best possible prices.
🍋Investing in CryptoUnity can be a wise move for investors looking to take advantage of the growing number of beginners entering the cryptocurrency market and potentially multiply their investment.
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Polygon and Mercy Corps bring blockchain to underserved communities.😋
The Polygon network and Mercy Corps Ventures partnership target underserved communities in blockchain awareness and education initiatives.
Blockchain technology continues to make its way into mainstream view, as many companies adopt it as a part of their operations. With the push for adoption comes the simultaneous need for more education about the technology.
A new partnership announced on March 2 between the Polygon blockchain network and Mercy Corps Ventures — the investment arm of the humanitarian organization Mercy Corps — focuses on bringing blockchain education and opportunities to underserved communities.
👉According to the announcement, the new partnership has three primary objectives in its effort to bring blockchain and Web3 solutions to “traditionally excluded and underserved communities.”
These objectives include funding blockchain pilots that enable access to the financial system, blockchain hackathons with developers serving users in emerging markets, and creating a blockchain boot camp roadshow in areas with a Mercy Corps presence.
The partners believe these efforts can help “provide educational and informational sessions for local educational institutions, NGOs nongovernmental organizations and other organizations looking to improve operations through blockchain technology.”
Last month, Mercy Corps Ventures launched its Crypto💰 for Good Fund II, which aims to launch a series of pilots utilizing blockchain technology to drive global financial inclusion and further climate resiliency. The first iteration of the fund launched in 2022 with almost 200 applicants.
😣In light of the recent earthquake that devastated parts of Turkey and Syria, Mercy Corps was involved in a series of donations coming from the crypto community to deliver aid.
It reported receiving a 50/50 split of funds donated by the cryptocurrency exchange Binance, which at the time was around $60,000 in total.
Additionally, Ripple tweeted that it would be donating XRP worth $1 million in light of the incident and highlighted Mercy Corps as one of the recipients of the funds.
The Polygon network and Mercy Corps Ventures partnership target underserved communities in blockchain awareness and education initiatives.
Blockchain technology continues to make its way into mainstream view, as many companies adopt it as a part of their operations. With the push for adoption comes the simultaneous need for more education about the technology.
A new partnership announced on March 2 between the Polygon blockchain network and Mercy Corps Ventures — the investment arm of the humanitarian organization Mercy Corps — focuses on bringing blockchain education and opportunities to underserved communities.
👉According to the announcement, the new partnership has three primary objectives in its effort to bring blockchain and Web3 solutions to “traditionally excluded and underserved communities.”
These objectives include funding blockchain pilots that enable access to the financial system, blockchain hackathons with developers serving users in emerging markets, and creating a blockchain boot camp roadshow in areas with a Mercy Corps presence.
The partners believe these efforts can help “provide educational and informational sessions for local educational institutions, NGOs nongovernmental organizations and other organizations looking to improve operations through blockchain technology.”
Last month, Mercy Corps Ventures launched its Crypto💰 for Good Fund II, which aims to launch a series of pilots utilizing blockchain technology to drive global financial inclusion and further climate resiliency. The first iteration of the fund launched in 2022 with almost 200 applicants.
😣In light of the recent earthquake that devastated parts of Turkey and Syria, Mercy Corps was involved in a series of donations coming from the crypto community to deliver aid.
It reported receiving a 50/50 split of funds donated by the cryptocurrency exchange Binance, which at the time was around $60,000 in total.
Additionally, Ripple tweeted that it would be donating XRP worth $1 million in light of the incident and highlighted Mercy Corps as one of the recipients of the funds.
MDCx Launchpad session starts!
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Data is used as an asset that gives the coin its value.
The token can already be used as a means of payment in healthcare and
for investment!
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Don’t forget and join to our project💪🏼
MDCx aims to expand the use of medicine in the field of crypto,
as well as its full implementation in the field of crypto.
You can buy MDCx tokens with BTC, ETH, USD, USDT, XLM, BNB!
MDCx aims to make its contribution to the crypto world invaluable.
In order to promote the topic of medicine in cryptocurrency!
MDCx is the first health-related token on the market.
Data is used as an asset that gives the coin its value.
The token can already be used as a means of payment in healthcare and
for investment!
Join and buy first tokens HERE
BST plans to make a real revolution in the world of cryptocurrencies.
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This BST project is your fast and confident step into the world of cryptocurrencies.
BST wants to change your perception and attitude towards this market.
BST tokens are blue sapphire tokens, one of the most trusted digital assets for investment right now.
The project provides you with a safe place for crypto investors.
With the BST token, you can and should believe in the honesty, transparency and honesty of the project.
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Bybit halts USD bank transfers citing partner outages.
Dubai-based🌴 Bybit is the latest crypto exchange to suspend U.S. dollar💰 wire transfers, claiming partner disruptions.
Dubai-based crypto exchange Bybit has suspended United States dollar deposits via bank transfers in response to “service outages from a partner.” Funds can be withdrawn through wire transfers until March 10.
In a blog post from March 4, the crypto firm said that “USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For U.S. banks) are no longer available.“ Alternatively, users can continue to make USD deposits via the Advcash Wallet or with a credit card.
Withdrawals through the Advcash Wallet are scheduled to be available soon, noted the exchange. Bybit claims users’ funds are “safe and secure” but urges clients planning to withdraw USD to do so “as soon as possible to avoid potential disruptions.“
🔍Bybit is one of the companies with exposure to the crypto lender Genesis Global Trading, which filed for Chapter 11 bankruptcy on Jan. 20.
According to Bybit CEO Ben Zhou, the exposure amounts to $150 million via its investment arm, Mirana Asset Management. According to Zhou, $120 million of the funds were collateralized and had already been liquidated. Moreover, he stressed that all client funds go into separate accounts, and Bybit’s earn products do not use Mirana.
The halt comes just a day after Silvergate Bank announced plans to discontinue its digital assets’ payment network, claiming the termination is a “risk-based decision.” The network was a major on- and off-ramp for USD in the U.S. crypto industry.
Regulatory pressure and market outflows after the dramatic collapse of cryptocurrency exchange FTX in November 2022 are driving U.S. banks to reduce their exposure to cryptocurrency assets.
In February, Binance announced it would temporarily suspend bank transfers of U.S. dollars. Previously, in January, the exchange said its SWIFT transfer partner, Signature Bank, would only process trades by users with U.S. dollar bank accounts over $100,000. Signature Bank previously announced it was drastically decreasing crypto deposits.
Dubai-based🌴 Bybit is the latest crypto exchange to suspend U.S. dollar💰 wire transfers, claiming partner disruptions.
Dubai-based crypto exchange Bybit has suspended United States dollar deposits via bank transfers in response to “service outages from a partner.” Funds can be withdrawn through wire transfers until March 10.
In a blog post from March 4, the crypto firm said that “USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For U.S. banks) are no longer available.“ Alternatively, users can continue to make USD deposits via the Advcash Wallet or with a credit card.
Withdrawals through the Advcash Wallet are scheduled to be available soon, noted the exchange. Bybit claims users’ funds are “safe and secure” but urges clients planning to withdraw USD to do so “as soon as possible to avoid potential disruptions.“
🔍Bybit is one of the companies with exposure to the crypto lender Genesis Global Trading, which filed for Chapter 11 bankruptcy on Jan. 20.
According to Bybit CEO Ben Zhou, the exposure amounts to $150 million via its investment arm, Mirana Asset Management. According to Zhou, $120 million of the funds were collateralized and had already been liquidated. Moreover, he stressed that all client funds go into separate accounts, and Bybit’s earn products do not use Mirana.
The halt comes just a day after Silvergate Bank announced plans to discontinue its digital assets’ payment network, claiming the termination is a “risk-based decision.” The network was a major on- and off-ramp for USD in the U.S. crypto industry.
Regulatory pressure and market outflows after the dramatic collapse of cryptocurrency exchange FTX in November 2022 are driving U.S. banks to reduce their exposure to cryptocurrency assets.
In February, Binance announced it would temporarily suspend bank transfers of U.S. dollars. Previously, in January, the exchange said its SWIFT transfer partner, Signature Bank, would only process trades by users with U.S. dollar bank accounts over $100,000. Signature Bank previously announced it was drastically decreasing crypto deposits.
Less than a week to show off your skills in the Firepot Finance Meme Contest, with a $20,000 AMB prize pool up for grabs. 🚀
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In order to participate, you must meet certain rules and a series of steps that are well detailed in our Meme Competition Article, be sure to read it to the end to be eligible to win.
Firepot Finance is the first DEX of the AirDAO Blockchain, currently offering profitable APRs (39%+) on the BUSD - AMB pair 🔥 Bridge over from ETH or BNB networks with NO fees.
🎙 | Join Firepot Finance Telegram Chat
🧑🎓 | Learn more about our products on Firepot Finance Official Website
❗️Don't forget to Launch App to start Swapping and Farming.
Dogecoin Price Prediction as DOGE Eyes Big Bearish Breakout to This Key Support Zone🔮
Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day. A spike in the US dollar and US yields combined with downside in US stocks in wake of hawkish remarks from Fed Chair Jerome Powell is weighing broadly on crypto prices, hence the intra-day pullback.
📈Powell warned that the pace of interest rate hikes could rise once again and that interest rates could go higher than expected if inflationary pressures remain too hot. Dogecoin was last changing hands around $0.074, down around 1.0% on the session, having found support at the weekend lows in the $0.072s.
News of Dogecoin whales moving significant amounts of tokens off of Binance and into self-custody has failed to lift optimism in the Dogecoin market. According to blockchain monitoring Twitter account Whale Alert, 67,455,315 DOGE were transferred from the world’s largest exchange to an unknown wallet on Tuesday.
💰At the current price, those tokens are worth roughly $5.0 million. Typically, investors moving significant sums of tokens off of exchanges is seen as bullish for a cryptocurrency, as it implies they have no plans to sell the tokens on the exchange. On the contrary, significant exchange inflows is typically seen as bearish for a cryptocurrency, as it could be a lead indictor of increased sell pressure.
Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day. A spike in the US dollar and US yields combined with downside in US stocks in wake of hawkish remarks from Fed Chair Jerome Powell is weighing broadly on crypto prices, hence the intra-day pullback.
📈Powell warned that the pace of interest rate hikes could rise once again and that interest rates could go higher than expected if inflationary pressures remain too hot. Dogecoin was last changing hands around $0.074, down around 1.0% on the session, having found support at the weekend lows in the $0.072s.
News of Dogecoin whales moving significant amounts of tokens off of Binance and into self-custody has failed to lift optimism in the Dogecoin market. According to blockchain monitoring Twitter account Whale Alert, 67,455,315 DOGE were transferred from the world’s largest exchange to an unknown wallet on Tuesday.
💰At the current price, those tokens are worth roughly $5.0 million. Typically, investors moving significant sums of tokens off of exchanges is seen as bullish for a cryptocurrency, as it implies they have no plans to sell the tokens on the exchange. On the contrary, significant exchange inflows is typically seen as bearish for a cryptocurrency, as it could be a lead indictor of increased sell pressure.
Coinbase reiterates that staking services will continue, despite SEC crackdown.😵
Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue.
Despite the recent crackdown by the United States Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue and “may actually increase.”
In a new customer email💌, highlighted by a popular trader, AltcoinPsycho, via Twitter on March 10, Coinbase outlined its updated staking terms and conditions starting from March 29.
Under the fresh terms, Coinbase explicitly explains😏 that users earn rewards from the decentralized protocols, not directly from the exchange itself.
“Coinbase acts only as a service provider connecting you, the validators and the protocol,” as opposed to offering a share of its own staking rewards,” the email reads, adding that:
“Your staked assets will continue earning rewards. If you want to continue staking, no action is required. Your staking rewards may actually increase.”
While the notion of Coinbase’s staking rewards continuing and potentially increasing may irk the SEC, the clear distinction around protocol rewards and service provision looks to avoid any gray area issues, like those recently faced by competing exchange Kraken.
As Cointelegraph reported, Kraken agreed to pay a $30 million settlement on Feb. 9 for allegedly failing to register its staking-as-a-service program with the SEC. As part of the deal, Kraken can no longer offer staking services in the United States.
Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue.
Despite the recent crackdown by the United States Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue and “may actually increase.”
In a new customer email💌, highlighted by a popular trader, AltcoinPsycho, via Twitter on March 10, Coinbase outlined its updated staking terms and conditions starting from March 29.
Under the fresh terms, Coinbase explicitly explains😏 that users earn rewards from the decentralized protocols, not directly from the exchange itself.
“Coinbase acts only as a service provider connecting you, the validators and the protocol,” as opposed to offering a share of its own staking rewards,” the email reads, adding that:
“Your staked assets will continue earning rewards. If you want to continue staking, no action is required. Your staking rewards may actually increase.”
While the notion of Coinbase’s staking rewards continuing and potentially increasing may irk the SEC, the clear distinction around protocol rewards and service provision looks to avoid any gray area issues, like those recently faced by competing exchange Kraken.
As Cointelegraph reported, Kraken agreed to pay a $30 million settlement on Feb. 9 for allegedly failing to register its staking-as-a-service program with the SEC. As part of the deal, Kraken can no longer offer staking services in the United States.
Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors.
😊While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout.
The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions of businesses, venture capitalists and bottom-line investors alike. However, United States President Joe Biden assured taxpayers that they would not feel the burn as the federal government takes action to protect depositors.
🔍On March 11, major stablecoins, including USD Coin, USDD (USDD) and Dai, depegged from the U.S. dollar after Circle announced that $3.3 billion of its $40 billion reserves were stuck in SVB.
Knowing that numerous other entities tied to the collapsing banks may suffer irreparable damage, Biden announced, on March 12, his commitment to hold the responsible people accountable for the event.🧐
😜While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that it’s the taxpayers that would ultimately suffer the depositors’ bailout. On March 13, Biden addressed concerns through a tweet:
Biden assured American citizens that the traditional financial system was safe after the federal intervention. He further stated that taxpayers would not be burdened for saving SVB and Signature Bank depositors:
“People’s deposits will be there when they need them – at no cost to the taxpayer.”💁♂️
However, Biden’s followers on Twitter were not completely sold on this idea, as many pointed out that “everything you do or touch costs the taxpayer!”
In parallel, the U.S. Federal Reserve is closely investigating the factors that led to the failure of SVB, including how it supervised and regulated the now-collapsed financial institution.
😊While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout.
The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions of businesses, venture capitalists and bottom-line investors alike. However, United States President Joe Biden assured taxpayers that they would not feel the burn as the federal government takes action to protect depositors.
🔍On March 11, major stablecoins, including USD Coin, USDD (USDD) and Dai, depegged from the U.S. dollar after Circle announced that $3.3 billion of its $40 billion reserves were stuck in SVB.
Knowing that numerous other entities tied to the collapsing banks may suffer irreparable damage, Biden announced, on March 12, his commitment to hold the responsible people accountable for the event.🧐
😜While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that it’s the taxpayers that would ultimately suffer the depositors’ bailout. On March 13, Biden addressed concerns through a tweet:
Biden assured American citizens that the traditional financial system was safe after the federal intervention. He further stated that taxpayers would not be burdened for saving SVB and Signature Bank depositors:
“People’s deposits will be there when they need them – at no cost to the taxpayer.”💁♂️
However, Biden’s followers on Twitter were not completely sold on this idea, as many pointed out that “everything you do or touch costs the taxpayer!”
In parallel, the U.S. Federal Reserve is closely investigating the factors that led to the failure of SVB, including how it supervised and regulated the now-collapsed financial institution.
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⏳The contest starts on 10.03.2023
⏳The contest ends on 18.03.2023
How to participate?
🔹Follow SwissCheese on Twitter: @Swisscheese_fn
🔹Follow SwissCheese on Telegram :
t.me/Swisscheese_finance
🔹Buy $10 worth of $SWCT
🔹Generate a Screenshot link, that you purchased out token
🔹Insert the link at step 4️⃣: https://gleam.io/1Ik5U/swisscheesefinance-giveaway
❓How to buy $SWCT:
1. Go to: https://swisscheese.finance/token-sale
2. Click „Buy $SWCT“
3. Connect Wallet
4. And purchase $SWCT for $MATIC on a Pre-Sale (Round 2)
❓How to generate a screenshot link:
1. Make a screenshot on your computer/Phone
2. Upload one of the following extensions:
- Lightshot
- Joxi
- ScreenShooter
- Monosnap
- etc
3. Generate a link inside the app
❗️Note: Only when ALL the conditioned are fulfilled , it will be counted as a valid chance for winning❗️
🔥Stay competitive, spread the word about SwissCheese!🔥
Don't miss a chance to win $2000 by investing in $SWCT exclusively on our ICO! Let's enjoy the possibilities open by SwissCheese together!
Giveaway Details:👇🏻
🎁Prizes:
Win up to $2000
⏳The contest starts on 10.03.2023
⏳The contest ends on 18.03.2023
How to participate?
🔹Follow SwissCheese on Twitter: @Swisscheese_fn
🔹Follow SwissCheese on Telegram :
t.me/Swisscheese_finance
🔹Buy $10 worth of $SWCT
🔹Generate a Screenshot link, that you purchased out token
🔹Insert the link at step 4️⃣: https://gleam.io/1Ik5U/swisscheesefinance-giveaway
❓How to buy $SWCT:
1. Go to: https://swisscheese.finance/token-sale
2. Click „Buy $SWCT“
3. Connect Wallet
4. And purchase $SWCT for $MATIC on a Pre-Sale (Round 2)
❓How to generate a screenshot link:
1. Make a screenshot on your computer/Phone
2. Upload one of the following extensions:
- Lightshot
- Joxi
- ScreenShooter
- Monosnap
- etc
3. Generate a link inside the app
❗️Note: Only when ALL the conditioned are fulfilled , it will be counted as a valid chance for winning❗️
🔥Stay competitive, spread the word about SwissCheese!🔥
Betting on turmoil: Deribit launches Bitcoin volatility futures.
Volatility products are popular with traditional investors, as they enable portfolio hedging, risk management and speculation.
🔍Crypto derivatives exchange Deribit will soon launch Bitcoin volatility futures, giving investors a direct way to measure and trade BTC market volatility.
On March 17, Deribit introduced BTC DVOL futures — a derivatives contract built on the Deribit Bitcoin Volatility Index, which measures the implied volatility of the largest cryptocurrency. Deribit’s volatility gauge provides a 30-day outlook on investors’ expectations for annualized volatility.😇
Like other volatility products, BTC DVOL can potentially help traders with risk management, portfolio hedging or market speculation.
Volatility-as-an-asset is widely traded in traditional finance, with the most popular product being the Chicago Board Options Exchange Volatility Index, also known as VIX. The VIX fluctuates on a scale of 1–100, with 20 representing the historical average. Readings below 20 signal lower implied volatility than the historical mean. Readings above 20 are usually associated with more turbulent financial conditions, while anything above 30 signals significant market volatility, usually due to uncertainty, risk or investor fear.
👉VIX measures the volatility of S&P 500 index options, a leading indicator of the U.S. stock market.
Bitcoin and the broader crypto markets have exhibited extreme volatility over the past 12 months. The period known as crypto winter is usually associated with deep corrections in digital asset prices following an over-extended bullish phase.
Although crypto investment products experienced record outflows last week following the collapse of Silicon Valley Bank and Signature Bank, regulatory clarity on investor deposits has helped Bitcoin stage a large relief rally. Bitcoin’s price crossed $27,000 💸 on March 17 for the first time in over nine months.
Volatility products are popular with traditional investors, as they enable portfolio hedging, risk management and speculation.
🔍Crypto derivatives exchange Deribit will soon launch Bitcoin volatility futures, giving investors a direct way to measure and trade BTC market volatility.
On March 17, Deribit introduced BTC DVOL futures — a derivatives contract built on the Deribit Bitcoin Volatility Index, which measures the implied volatility of the largest cryptocurrency. Deribit’s volatility gauge provides a 30-day outlook on investors’ expectations for annualized volatility.😇
Like other volatility products, BTC DVOL can potentially help traders with risk management, portfolio hedging or market speculation.
Volatility-as-an-asset is widely traded in traditional finance, with the most popular product being the Chicago Board Options Exchange Volatility Index, also known as VIX. The VIX fluctuates on a scale of 1–100, with 20 representing the historical average. Readings below 20 signal lower implied volatility than the historical mean. Readings above 20 are usually associated with more turbulent financial conditions, while anything above 30 signals significant market volatility, usually due to uncertainty, risk or investor fear.
👉VIX measures the volatility of S&P 500 index options, a leading indicator of the U.S. stock market.
Bitcoin and the broader crypto markets have exhibited extreme volatility over the past 12 months. The period known as crypto winter is usually associated with deep corrections in digital asset prices following an over-extended bullish phase.
Although crypto investment products experienced record outflows last week following the collapse of Silicon Valley Bank and Signature Bank, regulatory clarity on investor deposits has helped Bitcoin stage a large relief rally. Bitcoin’s price crossed $27,000 💸 on March 17 for the first time in over nine months.
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⏺ Complaining about "Crypto Winter"?
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Nowhere to get X's back? You're missing BIG numbers if you're not in Multimining!
You don't have experience in mining? No farm with employees to support?
❗️DOESN'T MATTER! You have Liquid Mining App.
Liquid Mining is a network of largest data centers around the world with single goal — make revolution in mining.
❓How you will do it?
You will mine coins in pre-mine stage before IDO and ICOs when mining rewards are huge in terms of volume of coins per block. Once projects are listed on crypto exchange - you sell and make profit.
The development team behind Liquid Mining was pre-mining:
— Ergo - 631%
— FLUX - 402%
— FIRO - 457%
— TONCOIN - 531%
— Neoxa - 1214%
— Nexa - 318%
— Zano - 264%
— Rvn - 597%
— CFX - 417%
— Kaspa - 837%
🗣 With more than 6 years of close work with crypto startups — they know how to choose profitable ones.
✅ The average profit for users is now at 400%+/year!
Telegram | Twitter | Discord | Website
Project claiming to be ‘AI-powered’ drains $1M from users.
The project, Harvest Keeper💁, claimed to optimize trading processes and promised a 101% return on investment within 21 days.
As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam.
🧐Blockchain security platform CertiK has recently confirmed that Harvest Keeper has stolen around $933,000 of users’ assets at the time of writing. In addition, users have also lost around $219,000 from ice phishing transactions across the Ethereum, BNB Chain and Polygon networks, according to CertiK. The security firm urged users to revoke the permissions they gave the project and warned people to stop interacting with its website.🖐
Harvest Keeper claims to be an AI project that “optimizes the trading process for maximum payout” and promises a 4.81% return on user deposits. On its website, the platform promises a 101% return on investment within 21 days and an 8% referral reward. The project has almost 30,000 followers on Twitter and more than 32,000 followers on its Telegram channel.
👉Meanwhile, as the ChatGPT hype resurfaced on Twitter, dozens of accounts claiming to be related to “CryptoGPT” have emerged on the social platform. On March 10, a hashtag associated with a token project called “CryptoGPT” was trending on Twitter. With it, several similar accounts have emerged, with some advertising fake giveaways. Dozens of Twitter accounts with a similar name have also plagued the social platform, with some offering giveaways and airdrops suspected to be fake.
As the newest version of ChatGPT showed that it could audit smart contracts on Ethereum, many speculated whether it could eventually replace developers. 🌸
The project, Harvest Keeper💁, claimed to optimize trading processes and promised a 101% return on investment within 21 days.
As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam.
🧐Blockchain security platform CertiK has recently confirmed that Harvest Keeper has stolen around $933,000 of users’ assets at the time of writing. In addition, users have also lost around $219,000 from ice phishing transactions across the Ethereum, BNB Chain and Polygon networks, according to CertiK. The security firm urged users to revoke the permissions they gave the project and warned people to stop interacting with its website.🖐
Harvest Keeper claims to be an AI project that “optimizes the trading process for maximum payout” and promises a 4.81% return on user deposits. On its website, the platform promises a 101% return on investment within 21 days and an 8% referral reward. The project has almost 30,000 followers on Twitter and more than 32,000 followers on its Telegram channel.
👉Meanwhile, as the ChatGPT hype resurfaced on Twitter, dozens of accounts claiming to be related to “CryptoGPT” have emerged on the social platform. On March 10, a hashtag associated with a token project called “CryptoGPT” was trending on Twitter. With it, several similar accounts have emerged, with some advertising fake giveaways. Dozens of Twitter accounts with a similar name have also plagued the social platform, with some offering giveaways and airdrops suspected to be fake.
As the newest version of ChatGPT showed that it could audit smart contracts on Ethereum, many speculated whether it could eventually replace developers. 🌸
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🎁 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.
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Venezuela’s Maduro Purges Crypto Offices of ‘Mafia’ Influences – ‘Hundreds’ Arrested🇻🇪
☠️Venezuela’s President Nicolás Maduro says he has “purged mafia influences” from his government’s crypto regulators after overseeing the arrest of one of his former right-hand men.
👮Earlier this week, Maduro green-lighted the arrest of Joselit Ramírez, the head of the Superintendencia Nacional de Criptomonedas (Sunacrip).
Sunacrip is the government body that supervises crypto-related policy.
🚓The long-serving Ramírez was one of Maduro’s key allies and helped launch the state-run Petro (PTR) cryptoasset, as well as the Patria crypto remittances platform.
Several other state officials were also arrested.
📺In a televised address, Maduro stated that the former Sunacrip chief was being investigated over the disappearance of some $3 million worth of public funds.
☠️Venezuela’s President Nicolás Maduro says he has “purged mafia influences” from his government’s crypto regulators after overseeing the arrest of one of his former right-hand men.
👮Earlier this week, Maduro green-lighted the arrest of Joselit Ramírez, the head of the Superintendencia Nacional de Criptomonedas (Sunacrip).
Sunacrip is the government body that supervises crypto-related policy.
🚓The long-serving Ramírez was one of Maduro’s key allies and helped launch the state-run Petro (PTR) cryptoasset, as well as the Patria crypto remittances platform.
Several other state officials were also arrested.
📺In a televised address, Maduro stated that the former Sunacrip chief was being investigated over the disappearance of some $3 million worth of public funds.
