X-Account (@olujacob_g) Airdrop hunter, community moderator, and a crypto enthusiast. I specialize in bringing you all the hottest updates in the crypto space
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Recent activity from suspected early bitcoin wallets has sparked speculation. Since 2019, 24,000 BTC have reportedly been sold, including a recent 2,000 BTC transaction worth $176M on November 15.
💸 EFCC Amends $35.4M Money Laundering Case Against Binance
The EFCC has amended its $35.4 million money laundering charges against Binance Holdings Limited, following the discharge of Tigran Gambaryan, a former co-defendant.
The revised six-count charge accuses Binance of:
Operating as a financial institution without a license. Unauthorized forex transactions in Nigeria. Concealing the origins of $35.4 million in unlawful proceeds.
The court entered a non-guilty plea for Binance and set trial dates for Feb. 24-25, 2025.#BTC
Paolo Ardoino, Tether’s CEO, clarified that Tether isn’t planning to develop a blockchain of its own. He highlighted that some L2 solutions are studying how USDT could be used to cover gas fees.
joke of the century British-Asian economist Stephen Mollah took to the stage at London’s Frontline Club, claiming he is Satoshi Nakamoto.
Although he attempted to present evidence, technical issues interrupted his demonstration, leaving journalists doubtful. BBC News reporter Joe Tidy noted that Mollah’s claims lacked credibility, particularly after he asserted that he invented both an energy system for vehicles and “Britain’s Got Talent.” #satoshiprotocol #Trump47thPresident $BTC
Ethereum and Amazon: How Two Giants are Changing the Market
21Shares analysts argue that Ethereum resembles Amazon in the early 90s. Both possess immense potential to transform entire industries. Ethereum, which started with basic smart contracts in 2015, has now become the foundation for numerous decentralized applications.
The analysts are confident that over time, investors' interest in Ethereum and related ETFs will grow.
The Spanish Red Cross received a $3 million donation from Binance to support flood relief efforts in Valencia. This donation will provide much-needed assistance to thousands affected by the flooding. Wonderful to see such contributions from crypto companies! #BTCATH #Trump47thPresident $BNB
🇭🇰 Hong Kong says they will issue more crypto exchange licenses by the end of 2024. what you take on this.? #BinanceBlockchainWeek #HongKong2024 $SOL $BTC
The U.S. Department of Justice has launched an investigation into Tether, the issuer of the stablecoin USDT, for potential sanction violations and money laundering breaches, as reported by the WSJ.
Manhattan prosecutors are assessing whether USDT was used to fund criminal activities such as drug trafficking, hacking, and terrorism. Tether denies the allegations, labeling the WSJ article as speculative rumors that ignore its cooperation with authorities. #ScamAware #HackerNews $BTC
🗣Nigerian Court Releases Binance Executive, Case Continues Against Firm
The Nigerian government has dropped charges against Tigran Gambaryan, an executive at Binance, who had been in prison since April for alleged money laundering linked to $34.4 million. His release was justified on diplomatic grounds and concerns over his health. However, Binance remains under trial for financial misconduct, and the case is set to continue in November. #UptoberBTC70K? #NigeriaCryptoBan $BNB $BTC
Dear Biance Square Family, in these days when #Bitcoin❗ and #ETH🔥🔥🔥🔥 are on the rise I would like to talk about Radix, perhaps the most interesting of the DeFi projects. Radix is one of the projects I trust the most when doing, #SocialMining
Radix is an innovative platform that aims to make Web3 and #DeFiInnovation easy for everyone to use. As an alternative to existing blockchain platforms such as Ethereum, it offers innovations focused on DeFi in particular. Promising a radical improvement for both users and developers, Radix draws attention especially with its Cerberus consensus mechanism, Radix Wallet and Scrypto + Radix Engine technologies. Cerberus is Radix's consensus algorithm that provides unique scalability and is optimized for DeFi applications. It creates a great advantage especially for DeFi DApps (decentralized applications). This mechanism allows more transaction load to be added to the network without compromising security and speed. Radix draws attention with its innovations in the DeFi field and continues to grow thanks to its strong partnerships. Among these partnerships, LocalGlobe and TransferWise founder Taavet Hinrikus contribute greatly to Radix's pushing the boundaries in the DeFi world. Radix Wallet simplifies interactions with tokens and dApps, allowing users to see complex transactions in a human-readable manner, thus offering a radically new experience for users. It offers a more secure and user-friendly experience by eliminating complex processes such as blind signing and seed phrases. It also increases account security with a decentralized multi-factor account recovery system. Radix’s native token, #XRD , plays a critical role in paying transaction fees and securing the network through staking.
Radix Engine and Scrypto enable developers to innovate in the DeFi ecosystem, making Radix the decentralized financial center of the future. It offers an infrastructure optimized for developing Web3 and DeFi applications. Aiming to bring the revolution that game engines have made in the gaming world to the Web3 world, these systems enable developers to create powerful and secure dApps. In particular, Scrypto’s ability to place the concepts of assets and permissions at the core of the language makes asset management easier and eliminates security vulnerabilities commonly encountered in DeFi. As a result, Radix offers a complete technology stack for Web3 and DeFi that everyone can use comfortably and developers can build fast and secure applications, breaking new ground in Defi.
Samsung is expanding its Knox Matrix system by adding blockchain for home appliances. Users will be alerted to security issues, and personal data will be encrypted to enhance privacy. #UptoberBTC70K? #blockchaintechnolo #SCRSpotTradingOnBinance $BNB $BTC