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Jack BlockchainJack
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๐Ÿ“ฃBreaking News: Binance's CZ, the richest inmate in US history, is off to serve his 4-month sentence at a California prison. ๐Ÿš” Why? Well, he forgot the golden rule of Crypto Club: Know Your Customer! ๐Ÿง CZ, worth a whopping $36.5B, pleaded guilty to violating the Bank Secrecy Act. He's been slapped with a $50M fine and has agreed to step down as Binance's CEO. ๐Ÿ“‰ But hey, it's not all doom and gloom! CZ's new home, Lompac II, is a low-security prison with a farm. ๐Ÿ„๐Ÿด Maybe he'll find a new passion for agriculture? ๐ŸŒฝ Meanwhile, Binance has settled its own charges with a hefty $4.3B in fines. Talk about a costly mistake! ๐Ÿ’ธ What's your take on this? Is it a fair punishment or a case of regulators flexing their muscles? Let's chat in the comments! ๐Ÿ‘‡ #DeFi #Web3 #CryptoNews

๐Ÿ“ฃBreaking News: Binance's CZ, the richest inmate in US history, is off to serve his 4-month sentence at a California prison. ๐Ÿš” Why? Well, he forgot the golden rule of Crypto Club: Know Your Customer! ๐Ÿง

CZ, worth a whopping $36.5B, pleaded guilty to violating the Bank Secrecy Act. He's been slapped with a $50M fine and has agreed to step down as Binance's CEO. ๐Ÿ“‰

But hey, it's not all doom and gloom! CZ's new home, Lompac II, is a low-security prison with a farm. ๐Ÿ„๐Ÿด Maybe he'll find a new passion for agriculture? ๐ŸŒฝ

Meanwhile, Binance has settled its own charges with a hefty $4.3B in fines. Talk about a costly mistake! ๐Ÿ’ธ

What's your take on this? Is it a fair punishment or a case of regulators flexing their muscles? Let's chat in the comments! ๐Ÿ‘‡ #DeFi #Web3 #CryptoNews

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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๐ŸŽ‰DeFi enthusiasts, get your popcorn ready! Despite Trump's conviction, Polymarket bettors are betting on his return to the White House.๐Ÿ›๏ธ The odds? A solid 54%.๐Ÿ“ˆ Meanwhile, Kalshi traders are betting against a rate cut this year.๐Ÿšซ๐Ÿ’ฐ Now, let's talk numbers. On Polymarket, Trump's conviction barely moved prices, knocking just a penny off the "yes" contract's value.๐Ÿช™ On the flip side, PredictIt, a more mainstream betting site, saw the Trump contract gain 1 cent post-verdict.๐ŸŽฒ As for Trump's prison sentence, Polymarket bettors are fairly confident he won't be seeing the inside of a cell.๐Ÿ”’ In other news, Kalshi and Polymarket traders are not pricing in a rate cut, creating a stark contrast with the CME FedWatch poll.๐Ÿ“‰ Economists are split on whether the Federal Reserve will lower interest rates in 2024.๐Ÿค” What's your take? Are you team Polymarket or team PredictIt? And what about the rate cut? Let's get the conversation started in the comments!๐Ÿ‘‡ #DeFi #Web3
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๐Ÿš€ Bitcoin is back at it again, reclaiming $69K! ๐ŸŽ‰ The crypto market is all green, with DOGE leading the pack after a $180M Gamestop position disclosure. Meme stock surges = bullish indicators for meme coins. A Solana-based GME meme coin even rocketed over 200%! ๐Ÿš€ #ToTheMoon ๐Ÿ‡ฆ๐Ÿ‡บ Down under, Australia's first Bitcoin ETF is set to start trading on the Cboe Australia exchange. It's the only ETF to hold Bitcoin directly in the country. Aussie investors, get ready to invest directly, no more offshore detours! ๐Ÿฆ˜ ๐Ÿ’ฐ The crypto industry is flexing its financial muscles, gathering about $161M for political action committees. Coinbase just donated $25M! U.S. lawmakers are showing signs of shifting toward wider acceptance of crypto. Could this be the dawn of a new era for digital assets? ๐ŸŒ… What's your take? Sound off in the comments! ๐Ÿ—ฃ๏ธ #CryptoNews #DeFi #Web3
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๐Ÿš€Buckle up, #CryptoTwitter! MicroStrategy's Michael Saylor, our favorite #Bitcoin evangelist, has just agreed to a whopping $40M settlement with D.C., marking it as the biggest-ever income tax fraud recovery in the district. Now that's a record! ๐Ÿ† ๐Ÿค”Apparently, D.C. accused Saylor of not paying income taxes while living there for over a decade. They claim he owed them more than $25M! Saylor, however, insists he's a Florida man and only settled to avoid the "burdens of litigation." ๐ŸŒด ๐Ÿ’ฐDespite the drama, MicroStrategy's shares are up 3% in pre-market trading. Looks like the market doesn't mind a little controversy! ๐Ÿ“ˆ ๐Ÿ‘‡What's your take on this? Is Saylor a tax evader or just a misunderstood genius? Let's get the conversation started in the comments! #DeFi #Web3
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๐Ÿš€Hey crypto enthusiasts! Biden just vetoed a resolution that would've repealed the SEC's SAB 121. This controversial rule makes banks keep customer's crypto on their balance sheets. Critics say it's a buzzkill for banks wanting to work with crypto companies.๐Ÿ˜’ Biden's all about consumer and investor well-being, and he's not backing down. He's worried that this resolution would tie the SEC's hands and mess with accounting practices.๐Ÿ‘จโ€โš–๏ธ Banks and Congress members tried to convince him to sign the resolution, arguing that SAB 121 stops banks from offering custody services. But Biden's sticking to his guns.๐Ÿ”ซ Sen. Ron Wyden, a fellow Democrat, thinks this rule creates a different standard for crypto. What do you think? Is this a step forward or backward for DeFi and Web 3? Let's chat in the comments!๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ #CryptoNews #DeFi #Web3
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๐Ÿš€๐ŸŽธStarfox, a Jamie Dimon look-alike, is part of an art/protest project UNFK. She's also in a glam rock band.๐ŸŽธ๐Ÿš€ ๐Ÿ’ป๐Ÿ›๏ธDustin Lee's Web3 marketplace DeStore is like crypto meets Shopify, bridging physical and digital worlds. He might throw you a kandi bracelet if you meet him!๐Ÿ’ป๐Ÿ›๏ธ ๐Ÿค ๐ŸŽฅClemente Varas and Easy Eats from Bodoggos Entertainment are making crypto fun. Their videos take just minutes to make, but they're hilarious!๐Ÿค ๐ŸŽฅ ๐Ÿ‘•๐Ÿ‘–David Quinn and Daniel Calderon are creating unique physical items like clothes with digital counterparts. They aim to produce unique, tangible assets at scale.๐Ÿ‘•๐Ÿ‘– ๐Ÿ‘ฉโ€๐Ÿ’ผ๐Ÿ“ŠAWC's survey found 80% of women in crypto felt unsafe at work, but CEO Amanda Wick sees signs of progress. Better companies are key to non-toxic workplaces.๐Ÿ‘ฉโ€๐Ÿ’ผ๐Ÿ“Š ๐Ÿ’ฐ๐ŸŒDavid Bischoff from TronDAO met a woman from Africa who uses TRON as a lifeline. He's an advocate for what he believes in.๐Ÿ’ฐ๐ŸŒ ๐ŸŽ–๏ธ๐Ÿ‡บ๐Ÿ‡ธThibault Palomares and Galen's meme coin $USA supports military vets. They've raised over $38 million for charity.๐ŸŽ–๏ธ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ’•๐ŸŒJen Wheatley fell in love with Polygon and now works at Disruptive. The Pink Alliance is trying to do the metaverse differently, focusing on comic book culture.๐Ÿ’•๐ŸŒ Let's chat about these stories below! #DeFi #Web3 #CryptoNews
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