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📑 Information:
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🔘 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 45 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.
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SEC Chair Gary Gensler Tried To Land a Job at Binance, the Exchange’s Lawyers Allege 💪
🟢 Before becoming head of the US Securities and Exchange Commission, Gary Gensler offered to serve as an adviser for Binance, according the crypto exchange, which is now facing heat from the regulator.
⚡️ In a letter directed towards the SEC’s division of enforcement, counsel for Binance and the exchanges CEO Changpeng Zhao, said Gensler should have been recused from the agency's enforcement actions against Binance.
🆒 Binance said they conveyed that about four months ago and argued that Gensler could be a “material fact witness.”
💬 “To date, the Staff has never confirmed whether Mr. Gensler has recused himself, and if he has not, the Commission’s explanation for why not. We remain deeply troubled by this history and the Staff’s refusal to acknowledge it, which compounds our concern about the course of action threatened by the Staff in this matter,” Binance’s lawyers said.
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Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown ✍️
🎉 In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges.
❗️ The American regulator filed lawsuits against both Binance, the globe’s largest cryptocurrency exchange, and Coinbase, the largest US-based crypto exchange, in the past days.
▶️ The SEC pressed 13 charges against Binance and its US-based affiliates. These ranged between accusations of allegedly operating as an unregistered exchange, and offering unregistered securities to customers. The commission also filed similar charges against Coinbase.
🔵 With the regulator targeting two major US exchanges, Latin American crypto holders are intensifying efforts to shift their funds to Bitget, among others. Compared to daily averages, new users from the region expanded by 43% between June 6 and 9. Brazil and Argentina, which boast the continent’s largest populations, led market share growth.
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Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico ℹ️
➡️ Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.
👍 As of June 14, 2023, the company has introduced its 'Send Globally' service to the third-largest country in Latin America. The service allows users to send funds internationally, providing a convenient solution for cross-border transactions.
➡️ Based on data from BBVA Research, in 2021 94.9% of remittance payments flowing to Mexico originated in the US.
According to the digital payments firm, transfers to the country’s citizenry account for approximately 95% of total remittances processed by Strike from overseas senders.
🗺 With this move, U.S. dollars (USD) sent to Mexico via Send Globally “will be received as Mexican Pesos in the recipient’s bank account.” – helping to reinforce Strike’s presence in Latin America.
🟥 The announcement follows closely on the heels of Strike CEO and co-founder Jack Mallers' recent revelation that the company has decided to bring its custody operations in-house.
According to the digital payments firm, transfers to the country’s citizenry account for approximately 95% of total remittances processed by Strike from overseas senders.
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After a dip of over $1 billion💸 in the past 30 days, BUSD now sits fourth in market capitalization among stablecoins.
The United States
A partnership between Binance😏 and Paxos Trust created the BUSD stablecoin in September 2019. 💦
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Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine ‼️
🟥 The crypto industry crackdown spearheaded by the U.S. Securities and Exchange Commission (SEC) could be put to rest by a decades-old legal doctrine, according to one of the regulator’s previous advisors.
🤔 In a recent episode of The Scoop podcast, J.W. Verret – a former advisory committee member to SEC chairman Gary Gensler – explained how the major questions doctrine could affect the result of the agency’s latest lawsuits against two of crypto’s largest global companies: Binance and Coinbase.
❕ Verret said the major questions doctrine affects “how courts look at what executive agencies do in the so-called independent agencies and consider how much deference to give the things that they do.”
🔠 Historically, the Chevron doctrine has granted regulatory agencies broad discretion in how they oversee certain industries based on broad mandates from Congress with vague specifics.
🔴 However, the major questions doctrine, which is viewed as a competing doctrine, states that an agency must receive explicit approval from Congress before trying to regulate a matter of “national, economic or political importance.”
🟠 Verret said the major questions doctrine most likely won’t come into play until the Coinbase and BinanceUS cases reach the appellate courts. “But it's one of the things that looms over these cases, without a doubt,” he said.
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JPMorgan Enables Euro-Denominated Blockchain Payments through JPM Coin 💎
🔴 JPMorgan has expanded its JPM Coin blockchain payment service to include euro-denominated transactions for corporate clients.
➡️ The platform, launched in 2019 for dollar payments, allows wholesale payments clients to transfer dollars or euros between JPMorgan accounts around the world, or make payments to other customers of the bank using blockchain technology instead of traditional payment methods.
➡️ Basak Toprak, JPMorgan’s head of Coin Systems for Europe, the Middle East, and Africa, reportedly said corporate treasurers could use the system to manage liquidity more effectively, such as initiating payments just before they are due to earn more interest income on their deposits.
➡️ “There are cost benefits to paying at the right time,” Toprak said. “This could mean they could earn more interest income on their deposits.”
➡️ JPM Coin payments operate 24 hours a day, unlike traditional transactions that are typically only processed during business hours and are executed more quickly.
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World$tateCoin (W$C) is the official currency of the 1st crypto state, The World State, which already has over 17,000 citizens.
The citizens of TWS have launched a $1B MARKET CAP CHALLENGE, and it's really taking off. There have already been two waves of pumps, and the market cap has risen from $2M to over $50M USD. $WSC quickly hit the trends on CoinMarketCap and CoinGecko, displacing $PEPE from the top lines on certain days. For several days, $WSC was the #1 top gainer on both CMC and CG.
In two weeks, the $WSC price has surged significantly and retains potential for further growth. To reach the set goal of a $1B market cap, the price needs to climb another 20 times (+1900%). It's worth noting that the price increase is happening without significant corrections, which shows the loyalty of the holders who don't want to sell at current levels and believe in the success of the $1B challenge.
$WSC is a utility token backed by the global web3 ecosystem of TWS. The W$C staking program, with its 300% APR, is also providing substantial price support and generating interest in the project.
Website
CoinMarketCap
TG group
The citizens of TWS have launched a $1B MARKET CAP CHALLENGE, and it's really taking off. There have already been two waves of pumps, and the market cap has risen from $2M to over $50M USD. $WSC quickly hit the trends on CoinMarketCap and CoinGecko, displacing $PEPE from the top lines on certain days. For several days, $WSC was the #1 top gainer on both CMC and CG.
In two weeks, the $WSC price has surged significantly and retains potential for further growth. To reach the set goal of a $1B market cap, the price needs to climb another 20 times (+1900%). It's worth noting that the price increase is happening without significant corrections, which shows the loyalty of the holders who don't want to sell at current levels and believe in the success of the $1B challenge.
$WSC is a utility token backed by the global web3 ecosystem of TWS. The W$C staking program, with its 300% APR, is also providing substantial price support and generating interest in the project.
Website
CoinMarketCap
TG group
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Binance Overturns Restriction on Privacy Coins for European Customers ⚠️
🟥 Binance's initial plan to delist specific privacy coins in certain EU nations has now been reversed as the company undertook revisions to ensure compliance with regional regulatory requirements.
➡️ The global crypto exchange said that it would reverse its initial plans to halt the trading of privacy tokens in Spain, France, Italy and Poland, after considering community feedback and engaging with various projects.
🟢 Last month, Binance told European users over email, that it would no longer offer 12 privacy-focused coins, starting June 26. However, the exchange said it would spare seven tokens from delisting from the four EU nations, including Decred (DCR), Dash (DASH), Zcash (ZEC), PIVX (PIVX), Navcoin (NAV), Secret (SCRT) and Verge (XVG).
💬 "Beam (BEAM), Monero (XMR), MobileCoin (MOB), Firo (FRO) and Horizen (ZEN) are still included in the restrictions," Binance told The Block.
📌 “After carefully considering feedback from our community and several projects, we have revised how we classify privacy coins on our platform to comply with EU-wide regulatory requirements,” a Binance spokesperson told cryptonews via email.
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Mind Network Secures $2.5M Seed Funding from Binance Labs, Other VCs ✔️
➡️ Web3 data security and privacy platform Mind Network has closed a $2.5 million seed round that attracted many key investors, including Binance Labs, the venture capital and incubation arm of Binance.
📌 Mind Network provides users with end-to-end encryption and gives full control over personal data and financial transactions. Recently, Mind Network joined the Chainlink BUILD Program and participated in the Binance Incubation Program Season 5.
➡️ The funding round saw investments from Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, and others, a company release noted.
💬 Mason, CEO of Mind Network, expressed gratitude for the support and confidence from investors.
⚡️ “This funding will enable us to further advance our groundbreaking technology and expedite the adoption of our platform across various industries, ensuring global data privacy and ownership for our users.”
✅ The protocol established strategic partnerships with Chainlink, Consensys, Arweave, and other protocols to lay the foundation for the platform's growth. The collaborations have enabled the company to gain early supporters, including global banks, insurance companies, and dApps.
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Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle ✔️
🟥 Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.
📣 This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal tussle with its third-party energy supplier Validus back in Nov 2022 leading to a closure of the facility.
➡️ The Canadian-based company is now looking to expand its operations in the United States with the 6,400 miners confirmed en route to Texas.
➡️ According to the company’s projections, mining activities will resume toward the end of July with an added boost of 600 petahashes per second driving up its total hashrate to 3.2 exahashes per second.
👀 Jamie Laverton, Hut 8’s Chief Executive commented on the state of BTC mining operations expressing positivity after long periods in the woods which saw miners posting losses, and selling BTC balances alongside equipment in a bid to stay afloat.
💬 “The industry has rebounded well over the past few months and we have seen more momentum than originally anticipated, partly due to some of our peers following our lead in the HPC and AI computing spaces.”
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Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto 📌
🟥 The former President of the now defunct FTXUS is starting another crypto trading platform – and he plans to imbue it with artificial intelligence (AI). In a recent interview, Brett Harrison told CoinDesk that his new firm, Architect, would use the burgeoning technology to help develop algorithmic trading strategies.
💬 “Our idea was to leverage the OpenAI API's application programming interfaces and combine them with our internal trading API's that we've built on top of all these different protocols to make it possible to use natural language probes to generate trading strategy code,” said the founder.
👀 AI sprang into the mainstream cultural and investment zeitgeist after OpenAI’s language processing tool ChatGPT was popularized earlier this year, demonstrating the power to directly answer almost any user-provided prompt.
➡️ Ever since, developers have begun experimenting with how the technology intersects with the crypto industry, from creating Bitcoin-based educational resources to repurposing crypto miners for AI computing.
➡️ Harrison’s vision for Architect more closely resembles that of incumbent financial players like JPMorgan and Morgan Stanley, who are already exploring how to use ChatGPT-like tools for providing investment advice.
💬 “We do think that AI is going to be a critical component of most businesses going forward, and we didn't want to miss the opportunity to be able to leverage AI tools for our users,” he said.
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Buckle Up: 🚀💎 $1.5M Crypto Rocket WL Pass Up For Grabs! 🌟
Neon Link is a project that aims to redefine the future of blockchain gaming. It is a web3 gaming-focused network that provides game developers with the tools and environment they need to create incredible games. The network is powered by the Neon Link network and NEONLINK coin, creating a seamless platform for the future of gaming.
ACHIEVED GOALS:
✅ Raised over $1 million in funding.
✅ 170,000+ accounts on test-net.
✅ Three games in development: "Ascend the End," "Neon Realm," and "Neon Punks Arcade."
✅ Established a vibrant community of Neonites.
✅ Developed a high-capacity blockchain infrastructure.
✅ Provided extensive development tools for web3 games.
✅ Created on-chain in-game economies and marketplaces.
✅ Launched an accelerator program for game developers.
✅ Ensured developers' full ownership of their intellectual property.
✅ Enabled seamless integration with existing development workflows.
LINKS:
Twitter - https://twitter.com/NeonLinkGaming 🐦
Website - neonlink.io 🌐
Medium - https://medium.com/@NeonLinkGaming/neon-link-public-sale-the-future-of-gaming-starts-here-54e7b0a4e34b 📝
Just to be clear, I'm not just wading in the shallows here - I'm set to dive into the deep end. My advice? Strap on your gear, plunge right in, and keep your gaze fixed. We might be at the threshold of the dawn of an unparalleled OP mainnet, ready to send shockwaves through the crypto universe. ⚡️🌌
So, here's the deal: you've got the golden opportunity to claim a seat among the elite 200 in this daring project's Whitelist. What's the entry fee? A relentless chase in the crypto game and a wallet that's been bustling with a cool $33k volume in the past six months. Don't just gawk at this soaring rocket, be part of the ride that could potentially redefine the crypto frontier! 🚀🚀🚀
Neon Link is a project that aims to redefine the future of blockchain gaming. It is a web3 gaming-focused network that provides game developers with the tools and environment they need to create incredible games. The network is powered by the Neon Link network and NEONLINK coin, creating a seamless platform for the future of gaming.
ACHIEVED GOALS:
✅ Raised over $1 million in funding.
✅ 170,000+ accounts on test-net.
✅ Three games in development: "Ascend the End," "Neon Realm," and "Neon Punks Arcade."
✅ Established a vibrant community of Neonites.
✅ Developed a high-capacity blockchain infrastructure.
✅ Provided extensive development tools for web3 games.
✅ Created on-chain in-game economies and marketplaces.
✅ Launched an accelerator program for game developers.
✅ Ensured developers' full ownership of their intellectual property.
✅ Enabled seamless integration with existing development workflows.
LINKS:
Twitter - https://twitter.com/NeonLinkGaming 🐦
Website - neonlink.io 🌐
Medium - https://medium.com/@NeonLinkGaming/neon-link-public-sale-the-future-of-gaming-starts-here-54e7b0a4e34b 📝
Just to be clear, I'm not just wading in the shallows here - I'm set to dive into the deep end. My advice? Strap on your gear, plunge right in, and keep your gaze fixed. We might be at the threshold of the dawn of an unparalleled OP mainnet, ready to send shockwaves through the crypto universe. ⚡️🌌
So, here's the deal: you've got the golden opportunity to claim a seat among the elite 200 in this daring project's Whitelist. What's the entry fee? A relentless chase in the crypto game and a wallet that's been bustling with a cool $33k volume in the past six months. Don't just gawk at this soaring rocket, be part of the ride that could potentially redefine the crypto frontier! 🚀🚀🚀
Medium
NEON LINK PUBLIC SALE: THE FUTURE OF GAMING STARTS HERE!
South Korean Regulator Will Force Staff to Declare Crypto 📌
➡️ The top South Korean financial regulator will force its employees to declare their crypto holdings in the aftermath of the “Coin Gate” scandal.
➡️ Lawmakers in the nation have come under fire for suspected insider trading, with one MP accused of selling his tokens in advance of the rollout of a new piece of crypto regulation.
📣 It has since emerged the MP was serving on a crypto-related parliamentary subcommittee at the time. The fallout of “Coin Gate” has seen MPs, regulators, and other public officials all call for one another to disclose their crypto holdings.
⚠️ And this, Yonhap reported, has now spread to the staff of the Financial Services Commission (FSC), the nation’s top financial regulator. The FSC is one of the main government agencies charged with regulating the nation’s crypto industry, and has the ability to conduct spot-checks on domestic crypto exchanges.
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Buckle Up: 🚀💎 $1.5M Crypto Rocket WL Pass Up For Grabs! 🌟
Neon Link is a project that aims to redefine the future of blockchain gaming. It is a web3 gaming-focused network that provides game developers with the tools and environment they need to create incredible games. The network is powered by the Neon Link network and NEONLINK coin, creating a seamless platform for the future of gaming.
ACHIEVED GOALS:
✅ Raised over $1 million in funding.
✅ 170,000+ accounts on test-net.
✅ Three games in development: "Ascend the End," "Neon Realm," and "Neon Punks Arcade."
✅ Established a vibrant community of Neonites.
✅ Developed a high-capacity blockchain infrastructure.
✅ Provided extensive development tools for web3 games.
✅ Created on-chain in-game economies and marketplaces.
✅ Launched an accelerator program for game developers.
✅ Ensured developers' full ownership of their intellectual property.
✅ Enabled seamless integration with existing development workflows.
LINKS:
Twitter - https://twitter.com/NeonLinkGaming 🐦
Website - neonlink.io 🌐
Medium - https://medium.com/@NeonLinkGaming/neon-link-public-sale-the-future-of-gaming-starts-here-54e7b0a4e34b 📝
Just to be clear, I'm not just wading in the shallows here - I'm set to dive into the deep end. My advice? Strap on your gear, plunge right in, and keep your gaze fixed. We might be at the threshold of the dawn of an unparalleled OP mainnet, ready to send shockwaves through the crypto universe. ⚡️🌌
So, here's the deal: you've got the golden opportunity to claim a seat among the elite 200 in this daring project's Whitelist. What's the entry fee? A relentless chase in the crypto game and a wallet that's been bustling with a cool $33k volume in the past six months. Don't just gawk at this soaring rocket, be part of the ride that could potentially redefine the crypto frontier! 🚀🚀🚀
Neon Link is a project that aims to redefine the future of blockchain gaming. It is a web3 gaming-focused network that provides game developers with the tools and environment they need to create incredible games. The network is powered by the Neon Link network and NEONLINK coin, creating a seamless platform for the future of gaming.
ACHIEVED GOALS:
✅ Raised over $1 million in funding.
✅ 170,000+ accounts on test-net.
✅ Three games in development: "Ascend the End," "Neon Realm," and "Neon Punks Arcade."
✅ Established a vibrant community of Neonites.
✅ Developed a high-capacity blockchain infrastructure.
✅ Provided extensive development tools for web3 games.
✅ Created on-chain in-game economies and marketplaces.
✅ Launched an accelerator program for game developers.
✅ Ensured developers' full ownership of their intellectual property.
✅ Enabled seamless integration with existing development workflows.
LINKS:
Twitter - https://twitter.com/NeonLinkGaming 🐦
Website - neonlink.io 🌐
Medium - https://medium.com/@NeonLinkGaming/neon-link-public-sale-the-future-of-gaming-starts-here-54e7b0a4e34b 📝
Just to be clear, I'm not just wading in the shallows here - I'm set to dive into the deep end. My advice? Strap on your gear, plunge right in, and keep your gaze fixed. We might be at the threshold of the dawn of an unparalleled OP mainnet, ready to send shockwaves through the crypto universe. ⚡️🌌
So, here's the deal: you've got the golden opportunity to claim a seat among the elite 200 in this daring project's Whitelist. What's the entry fee? A relentless chase in the crypto game and a wallet that's been bustling with a cool $33k volume in the past six months. Don't just gawk at this soaring rocket, be part of the ride that could potentially redefine the crypto frontier! 🚀🚀🚀
Medium
NEON LINK PUBLIC SALE: THE FUTURE OF GAMING STARTS HERE!
Singapore's Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties 🟥
➡️ Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.
➡️ In an interview with CNBC, Temasek’s Chief Investment Officer Rohit Sipahimalani revealed the bitter experience of writing down its entire $275 million investment in the now-bankrupt crypto exchange FTX.
📌 As a result, and with unclear regulations and market conditions, Temasek is not currently looking to invest in crypto-related firms, he said.
💬 “There’s a lot of regulatory uncertainty in this environment. And I do think that be very difficult for us to make another investment and exchange in the middle of all this regulatory uncertainty.”
➡️ His remarks come as the US SEC continues to crack down and take legal measures against major crypto firms including Binance and Coinbase. “Given the way things are right now,” Sipahimalani noted that the company isn’t comfortable investing in exchanges.
♾ Temasek has refrained from investing directly in cryptocurrencies for a long time. Alternatively, the firm decided to back crypto service providers. However, its unsuccessful investments in now-defunct FTX, have ruined the reputation of the Singapore state-owned investor.
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