Join me on this exhilarating adventure as we explore the future of finance together. Let's decode the blockchain, uncover hidden gems Welcome to the crypto wrld
đ Â MicroStrategy purchased $1.11 billion in Bitcoin, raising its holdings to 244,800 BTC, reflecting Michael Saylor's bullish commitment to BTC.
đ Â Englandâs High Court has ruled that Tetherâs USDT stablecoin is legally classified as property, aligning with recent UK legislative efforts to regulate cryptocurrency.
đ Â Former FTX CEO Sam Bankman-Fried has filed an appeal seeking a new trial, criticizing the judgeâs handling and claiming bias in his case.
đ Â The SEC now claims its use of "crypto asset securities" never meant the tokens themselves were securities but referred to related contracts and expectations.
đ Â Brazil's Supreme Court lifted the freeze on Starlink and X accounts after a $3.3M fine was paid for non-compliance with court orders. $BTC
đ Â Kraken is demanding a jury trial to contest SEC allegations of operating an unregistered securities exchange, after its dismissal motion was denied.
đ Â The SEC expands its Binance lawsuit, adding AXS, FIL, and ATOM as unregistered securities, accusing Binance of illegal token promotion and trading.$ETH
đ Â Starknet approved a governance proposal to implement staking by the end of 2024, allowing STRK holders to earn rewards and support decentralization.
đ Â Polygon's POL token surged 15% after Binance added it for spot and perpetual trading, marking the completion of its rebrand from MATIC.
đ Â Worldcoin integrated its World ID with Solana using Wormhole, enabling cross-chain authentication for decentralized apps and services.$SOL
đ Â Grayscale is launching the first US XRP trust fund, sparking speculation of a future XRP ETF. This follows similar moves with Bitcoin and Ethereum.
đ Â eToro US will halt nearly all crypto trading after settling with the SEC for $1.5M, limiting trades to Bitcoin, Bitcoin Cash, and Ether.
đ Â Donald Trump announced the launch of his crypto project, World Liberty Financial, set for Sept. 16, during a live video stream on Twitter Spaces.
đ Â BlackRock considers Bitcoin a hedge against global disorder and declining trust in governments and fiat currencies, boosting its ETF.
đ Â Swift is testing multi-ledger settlement methods to connect fiat and tokenized assets, enabling real-time transactions on its network.
đ Â Vitalik Buterin plans to only publicly mention Layer-2 networks that meet "Stage 1+" decentralization standards, emphasizing the need for further decentralization.
đ Â A new bill, the BRIDGE Digital Assets Act, proposes a joint SEC-CFTC committee to shape U.S. crypto regulations, enhancing collaboration and oversight.
đ Â Coinbase launched its version of wrapped bitcoin, cbBTC, on Ethereum and Base, allowing users to use bitcoin in DeFi.
đ Â Uniswap CEO Hayden Adams denied claims of charging $20M for protocol deployment, stating deployments occur via governance votes, not fees.
đ Â A trader acquired a rare Ape-themed CryptoPunk valued at $1.5M for only 10 ETH ($23K) using a smart contract buyout mechanism.
đźđł HOT NEWS: India tops global crypto adoption for the second year.
According to a Chainalysis report, Nigeria, Indonesia, and the U.S. follow in 2nd, 3rd, and 4th place respectively.#Binance #BTC #ETH #solana #AI $BTC $BNB $BNB
đ Â Binance's subsidiary, Tokocrypto, received a regulatory license in Indonesia, allowing it to operate as a physical crypto asset trader compliant with local laws.
đ Â Japanese blockchain Oasys has partnered with SK Planet, a subsidiary of SK Telecom, to expand in South Korea by onboarding millions of users to its gaming ecosystem.
đ Â Bernstein predicts Bitcoin could reach $90K by year-end if Trump wins, but drop to $30K-$40K under a Harris presidency, citing policy differences.
đ Â Bitwise CIO Matt Hougan says advisors are adopting Bitcoin ETFs faster than any other ETF in history, with BlackRock's IBIT leading.
đ Â Several crypto funds, including Pantera and ParaFi Capital, bought Metaplex (MPLX) tokens from the FTX estate, with MPLX trading at $0.25.
đ Â Nigeriaâs SEC plans to enforce regulations on unregulated crypto businesses to protect investors, with only two exchanges currently regulated.
đ Â Investors lost $5.6 billion to crypto scams in 2023, with investment fraud accounting for $4 billion of losses, according to the FBI.
đ Â A U.S. District Judge issued a "temporary administrative stay" in the CFTC-Kalshi dispute, halting Kalshi's election contract offerings until a hearing on Thursday.
đ Â Hackers responsible for the July WazirX breach have moved $11M in stolen Ether to Tornado Cash, masking their trail after stealing $100M+ in assets.
đ Â Snapshot X launches gas-free onchain voting for DAOs via Starknet, boosting participation with secure, cost-efficient governance.
đ Â Tokyo Electric Power Company (Tepco) subsidiary Agile Energy X is exploring Bitcoin mining using surplus renewable energy to prevent waste, aiming to increase green energy usage.
đ Â Tether invests $100M in agriculture giant Adecoagro, marking its first entry into the food sector as stablecoin market competition intensifies.
đ Â U.S. spot Bitcoin ETFs saw $1.2B in outflows over eight days amid falling BTC prices, yet crypto ETFs led new ETF launches in 2024.
đ Â Fractal Bitcoin, a scaling solution backed by Unisat, launched its mainnet using Bitcoin's core code. It supports BRC-20, Ordinals, and more.
đ Â Friendtechâs token dropped 26% after the team transferred control of its smart contracts to a null address, permanently preventing changes.
đ Â LayerZero's Sybil filtering and focus on real users helped ZRO token outperform Starknet and ZKsync, which faced airdrop farming issues.
đ Â Sonic blockchain achieved a record 720ms transaction finality in testnet, potentially becoming the fastest EVM chain if sustained on mainnet.
đ Â Telegram clicker game Catizen reaches 800K paying users in six months, boasting 30M total users and top revenue spot among Telegram apps.
đ Â CEO of Revelo Intel, resigned after being robbed at gunpoint, losing personal, company, and investor funds, possibly via an inside job.
âïž GM! Here are the top events in #Crypto for the past 24 hours#ETH #BTC #AI #ETF #Matic $BNB $SOL $BTC
đ Â The SEC warns FTX against repaying creditors in stablecoins or crypto, reserving the right to challenge such actions in the bankruptcy plan.
đ Â HashKey and Kaia partner to boost Web3 adoption in Asia, coinciding with Kaia's rebranding and mainnet launch after the Kaia-Finschia merger.
đ Â OKX secures full MPI license in Singapore, appoints former MAS official Gracie Lin as local CEO to lead regional operations.
đ Â Metaplanet partners with Ripple's partner SBI VC Trade for Bitcoin trading, custody, and tax-efficient corporate strategies in Japan.
đ Â Crypto execs plan to raise $100K for Kamala Harris to sway her stance on crypto as she leads Trump in national polls.
đ Â A Canadian court orders $1.2M Bitcoin loan repayment, marking a growing legal acceptance of cryptocurrencies in disputes and judgments.
đ Â HashKey and Kaia partner to accelerate Web3 adoption in Asia, coinciding with the Kaia-Finschia merger and new mainnet launch.
đ Â Vitalik Buterin proposes a hybrid city model combining democracy, capitalism, and decentralization, resembling a DAO with taxation and profit incentives.
đ Â August marked the lowest revenue month for Bitcoin miners in 2024, with earnings down 10.5% during rising mining difficulty.
đ Â Bitcoin wallets holding 100+ BTC hit a 17-month high as whales accumulate over 133,000 BTC, capitalizing on smaller traders selling off.
đ Â A Brazilian judge suspended X after Elon Musk refused to appoint a legal representative, during investigations into misinformation on the platform.
đ Â El Salvador's President Bukele admits Bitcoin adoption has been limited but considers it a "net positive" for the country.
đ Â 24X Exchange filed an amended application to enable 24/7 trading for crypto ETFs in the U.S., pending regulatory approval.
đ Â Securitize CEO Carlos Domingo says tokenized treasuries will surpass stablecoins as institutions' preferred collateral due to stability and yield.
đ Â South Korean tech giant Naver launched a non-custodial crypto wallet for 33M users, partnering with the Chiliz blockchain.
đ Â Binance will support Cardano's Chang hard fork on Sept. 1, marking the start of the Voltaire era of decentralized governance.
đ Â Telegram held $400M in digital assets in 2023, generating 40% of its revenue from crypto activities.
đ Â A zero-day vulnerability in Chrome was exploited by North Korean hackers using trojan malware to target cryptocurrency users.
đ Â Crypto ATMs in Australia have surged 17X in two years, but concerns rise over their use in scams and money laundering.
đ Â Toncoin reached a $13.96B market cap and 1.1M daily users during volatility following Telegram CEO Pavel Durov's arrest.
âïž GM! Here are the top events in #Crypto for the past 24 hours#Binance #bitcoin #Ethereum #ton_blockchain $BNB $BTC đ Â Telegram CEO Pavel Durov was arrested in France by the National Anti-Fraud Office on charges including fraud, money laundering, and more.
đ Â Spot bitcoin ETFs saw $252M inflows Friday, continuing a seven-day streak, while ether ETFs experienced seven days of outflows.
đ Â The TON blockchain expressed support for Telegram CEO Pavel Durov after his arrest in France, causing Toncoin to drop 12%.
đ Â The U.S. Trustee opposes FTX's reorganization plan, citing concerns over legal protections, unequal creditor treatment, and data breach costs.
đ Â Polygon's Discord channel was hacked, leading to scam links being posted. Users were advised not to click any links until the issue is resolved.
đ Â Hong Kong's spot Bitcoin ETFs have surpassed $250 million in assets under management, but they lag behind U.S. counterparts in growth.
đ Â Polygon restored control of its Discord after a hack, costing a user $145,000, as it prepares to launch its POL token on September 4.
đ Â Crypto advocates filed a brief against the SEC's CAT, arguing it risks exposing crypto users' identities by linking personal data with blockchain transactions.
đ Â WazirX blames external forces for delaying its restructuring plan aimed at restoring stability and protecting users after a major hack.
đ Â Nigerian stakeholders advocate for compliance-focused crypto regulation over punitive measures, urging the government to adopt a balanced approach.
đš NEWS: đ·đș Russia to establish two Crypto exchangesâone for international trade, another in Moscowâalongside a stablecoin tied to the RMB and BRICS currency basket.#Binance #bitcoin #BNB
âïž GM! Here are the top events in #Crypto for the past 24 hours#Binance
đ Â Tether will launch a stablecoin pegged to the UAE dirham (AED) in partnership with Phoenix Group, enhancing digital AED transactions.
đ Â VP Kamala Harris plans to support policies that help digital assets grow, focusing on stable rules for emerging technologies.
đ Â McDonald's Instagram was hacked to promote a Solana memecoin called "GRIMACE," which briefly surged to $20 million in market cap before crashing below $1 million.
đ Â Mt. Gox transferred 1,265 BTC ($75M) to Bitstamp, signaling possible creditor repayments. Earlier, $700M in BTC was moved to an unknown wallet.
đ Â China's new rules classify using virtual assets for money laundering, increasing legal risks for traders receiving illicit funds.
đ Â Malaysian authorities crushed 985 bitcoin mining rigs worth $452,500 as part of a crackdown on power theft linked to crypto mining.
đ Â A crypto whale lost $55 million in Dai stablecoins to a phishing attack, exploiting a Maker Vault through a malicious transfer of DSProxy ownership.
đ Â Abu Dhabi's financial regulator proposes a framework to supervise fiat-referenced tokens (FRTs), ensuring they are backed by liquid assets and can be redeemed for fiat currency.
đ Â Terraform Labs' bankruptcy reorganization hearing is set for September 19, which will determine if the company can restructure or must liquidate.
đ Â Binance plans to hire 1,000 employees in 2024, expanding its compliance team by 200, following regulatory challenges and global scrutiny. #Binance #bitcoin #Ethereum #cz_binance $BNB #
âïž GM! Here are the top events in #Crypto for the past 24 hours
đ Â Japanâs Metaplanet Inc. bought an additional 57.273 BTC for $3.4 million, bringing its total holdings to 360.368 BTC.
đ Â Binance reenters India, facing an $86 million tax demand while receiving approval to resume operations after regulatory compliance efforts.
đ Â Mango Markets DAO is voting on a settlement with the SEC, agreeing to pay $223,228 in fines and delist its MNGO tokens.
đ Â Tether minted another $1 billion USDT on the Tron network, totaling $33 billion in USDT minted over the past year across Tron and Ethereum.
đ Brazil's SEC approved a second Solana ETF by Hashdex and BTG Pactual, expanding Solana-based investment products in the country.
đ Â Binance and former CEO CZ face a class-action lawsuit, accused of facilitating money laundering that hindered victims from recovering stolen crypto assets.
đ Â Galxe launches the alpha mainnet of its Layer 1 Gravity chain, bringing all its Web3 products on-chain and enhancing cross-chain interactions.
đ Â A Hong Kong lawmaker urged the government to regulate DAOs after a court case involving Mantra DAO, aiming to bolster Web3 development.
đ Â The 7-day moving average of ETH supply in profit dropped to 85.66%, its lowest in 2024, indicating recent buyers may be under pressure.
đ Â Ethereum-based Status is partnering with Linea to launch a Layer 2 rollup, enhancing network decentralization and infrastructure.#Binance #TronNetwork #SEC $BNB $SOL $BTC
đ§đ· The Brazilian Securities and Exchange Commission (CVM) officially approves the launch of the second $SOL ETF.#Binance $BNB $SOL #bitcoin #solana
đš LATEST: Recent legal insights suggest digital tokens like @solana could be classified as commodities, similar to natural gas, potentially influencing future ETF regulationsâVanEck's Head of Digital Asset Research#Binance #bitcoin $SOL $BNB #SEC
âïž GM! Here are the top events in #Crypto for the past 24 hours
đ Â Tether launches USDT on the Aptos blockchain to offer ultra-low transaction fees and enhance global digital currency accessibility.
đ Â HashKey and Catizen partner to expand the TON ecosystem, focusing on Web3 and GameFi development, boosting digital entertainment infrastructure.
đ Â Goldman Sachs lowers US recession risk to 20%, potentially boosting Bitcoin, but caution remains as rate cuts may signal recession.
đ Â Nigeria plans to introduce a bill to regulate crypto and update tax laws, aiming to integrate digital assets into its economy securely.
đ Â A Florida woman sues Google for $5M after a scam crypto app on the Play Store stole her funds; Google allegedly took 3 months to remove it.
đ Â 75% of all Bitcoin hasn't moved for over 6 months, showing strong hodling despite a 21% drop from its all-time high.
đ Â A Colorado church group tokenized a $2.5M chapel using blockchain technology, creating "Stone Coin" to raise funds for the purchase.
đ Â Vitalik Buterin registers the ENS domain "dacc.eth," referencing "defensive accelerationism," a cautious approach to tech development.
đ Â An Indian man was arrested for allegedly kidnapping two BitConnect employees and extorting $125M in crypto to recover his losses.
đ Â Australia took down 600 crypto scams in the past year, warning that AI advancements will make it harder for consumers to spot fraud. #Binance #bitcoin #BTC #Aptos $BTC $SOL $BNB https://s.binance.com/y0BmC605
đ Â NYSE and Nasdaq withdrew three more requests for crypto ETF options rule changes, amid growing activity around Bitcoin and Ether ETF options.
đ Â Senator Ted Cruz disclosed purchasing up to $100K in Bitcoin after being endorsed by a blockchain advocacy group in 2023.
đ Â A Dubai court recognized crypto as valid salary payment, marking growing acceptance of digital currencies in employment contracts.
đ Â BlackRock's Bitcoin and Ether ETFs surpassed Grayscale's in assets under management, driven by Grayscale outflows and BlackRock inflows.
đ Â Malaysians can now verify their humanity with Worldcoin's iris scan technology; potential collaboration on orb manufacturing and blockchain integration.
đ Â Donald Trump earned over $7 million from NFTs and holds up to $5 million in Ethereum-based crypto, according to a financial disclosure.
đ Â Bybit receives registration as a virtual asset service provider and card operator in Argentina, enabling compliant crypto services.
đ Â A Nigerian court froze $38M in crypto linked to protests against inflation, as authorities claim crypto trading has weakened the naira.
đ Â The Ronin bridge hack resulted from a script error during an upgrade, setting the validator vote threshold to zero, allowing unauthorized withdrawals.
đ Â Flexa launches Flexa Components, enabling retailers to accept crypto payments like USDC directly at the point-of-sale without fees.#Binance #bitcoin $BTC $SOL