How do you feel about #Ethereum after this? 😅 I think Vitalik is just unique and awesome! #eth #vitalik #token2049 $ETH | Professor Mende - Bonuz Ecosystem Founder on Binance Square

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Professor Mende - Bonuz Ecosystem Founder

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How do you feel about #Ethereum  after this? 😅
I think Vitalik is just unique and awesome!
#eth  #vitalik  #token2049  $ETH 

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🚀Blockchain = Solution for AI?! AI is evolving fast, and 0G Labs CEO, Michael Heinrich, is ringing the alarm on the risks posed by centralized AI systems. According to Heinrich, without human oversight, these systems could self-govern, taking decisions without transparency. Imagine an AI so advanced, it decides it no longer needs us? That’s the potential future without blockchain ensuring accountability. The danger lies in Artificial General Intelligence (AGI) operating beyond human control. Heinrich believes decentralized governance via blockchain is the only solution to prevent AI from removing humans from the equation. Without it, we're headed toward a world where hyper-intelligent systems could decide to leave us behind. Sound far-fetched? Think again. 0G Labs has already raised $35 million to develop a blockchain-based platform to ensure AI transparency and accountability. Over 40 major crypto institutions have backed this mission, believing that blockchain is the key to creating an AI system that works with humanity, not against it. The stakes are high. As AI increasingly takes over logistics, administrative functions, and more, blockchain could be our only safety net to prevent these robust systems from becoming autonomous, unchecked rulers of the digital landscape. Conclusion: When looking for new investment opportunities, watch out for blockchain projects featuring Ai is it might become the next big thing! Stay updated with @Professor Mende - Bonuz Ecosystem Founder ! #ai #blockchain #artificialintelligence #CryptoMarketNews #crypto $BTC

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🚨What Happened in Crypto Yesterday? TOP 3 NEWS: 1. Arthur Hayes Predicts Market Crash Post-Rate Cuts: At Token2049 in Singapore, BitMEX co-founder Arthur Hayes warned of a potential short-term market crash if the Fed cuts interest rates. Despite optimism in some sectors, Hayes believes that cutting rates amid increased government spending and USD issuance could lead to a market collapse, similar to past financial stresses. His outlook suggests the expected 50-75 basis point rate cut may trigger turmoil, especially by narrowing the interest rate gap between the USD and JPY. Hayes argues that the market could "collapse a few days after the Fed’s rates,” citing the yen’s recent rapid depreciation as a sign of financial stress. 2. Republican Lawmakers Question Gensler on Crypto Airdrops: In a bold move, GOP Reps. Tom Emmer and Patrick McHenry have called out SEC Chair Gary Gensler over the regulator’s stance on crypto airdrops. In a letter, they demanded answers by Sept. 30 on how airdrops—free distributions of tokens—could be classified as securities. The lawmakers referenced lawsuits against Hydrogen Technology and Justin Sun, arguing that misclassifying airdrops could hinder the decentralization of blockchain technology. They also questioned the potential impacts on on-chain applications, economic growth, and tax revenue. 3. USDT on TON Chain Surpasses $1 Billion: In a significant milestone for The Open Network (TON), Tether's USDT stablecoin reached over $1 billion in circulating supply. This marks a huge growth for TON, a blockchain platform closely tied to Telegram, and comes as Telegram’s Mini Apps integrate USDT into active communities. Within just five months, the TON blockchain has seen exponential growth in USDT activity, further positioning itself as a critical player in the stablecoin market. Stay tuned for more and follow @Professor Mende - Bonuz Ecosystem Founder ! #CryptoMarketNews #bitcoin #btc #news #token2049

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Russia Ramps Up Crypto Mining with New Data Centers in Komi Republic Russia's push into cryptocurrency mining is gaining momentum, as the northeastern Komi Republic plans to construct 15 new crypto mining data centers. According to TASS, regional governor Vladimir Uyba revealed that the first two centers will be built in Mikun and Sindor, with a combined cost of $27.6 million. These projects, backed by investors, signal Russia's continued focus on expanding its mining infrastructure. While Uyba didn’t specify which cryptocurrencies will be mined, most Russian miners traditionally focus on Bitcoin. The new data centers will leverage Komi's abundant energy resources, including its oil, gas, and thermal power plants, making it an ideal location for mining operations, particularly given its cold climate, which is favorable for cooling the mining rigs. Komi, not yet known as a major crypto hub, is looking to capitalize on its energy resources to draw more mining activity. The collaboration between the Komi Republic and power firm Energoresource-K marks a significant investment in the region's IT and digital technology sectors, with Energoresource-K committing approximately $386 million to the project. In addition to the initial centers, the region plans to expand its data processing centers to other cities, positioning Komi as a rising player in Russia’s mining ecosystem. This move comes on the heels of a report that state-owned gas giant Gazprom is also investing in a crypto mining subsidiary, planning a 5,000-rig mining center in Veliky Novgorod by 2028 with a budget of $452 million. These developments follow Russian President Vladimir Putin's recent signing of a law legalizing cryptocurrency mining, pushing for regulation and infrastructure to support the industry. I guess all the sanctions didn't hit Russia heavy enough as they're just building new income streams! Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated! #russia #putin #mining #bitcoinmining #vladimirputin $BTC

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💰Bitcoin Rallies Over $63K After BlackRock's BTC White Paper Release Bitcoin surged nearly 6% after BlackRock, the world's largest asset manager, published a white paper emphasizing Bitcoin’s potential as a hedge against macroeconomic and geopolitical risks. The white paper, titled Bitcoin: A Unique Diversifier, highlights Bitcoin's decentralized nature and its independence from traditional financial systems, making it a potential safe haven during economic instability. Shared by senior Bloomberg ETF analyst Eric Balchunas on Sept. 18, the report appeared to coincide with Bitcoin’s price bottoming out at $59,354. Within hours of its release, Bitcoin rallied to $62,600, its highest point in over three weeks. Bitcoin's Strength in Times of Crisis BlackRock’s analysis points to Bitcoin’s “open-access monetary system,” noting its ability to remain essentially detached from traditional risks such as banking system crises, sovereign debt, and geopolitical conflicts. The white paper included data showing how Bitcoin’s returns have outperformed both the S&P 500 and gold during major geopolitical events, highlighting its resilience as an asset. Future Adoption Driven by Economic Uncertainty BlackRock forecasts that Bitcoin's long-term adoption will be influenced by macroeconomic factors like global monetary instability and geopolitical tensions. As concerns over fiscal sustainability, political instability, and monetary debasement increase, Bitcoin could become a more attractive option for investors. Massive ETF Exposure BlackRock is not only promoting Bitcoin’s potential but also managing the world’s largest Bitcoin ETF, holding over $21.4 billion worth of BTC and commanding 38% of the Bitcoin ETF market, signaling its substantial influence in driving Bitcoin adoption. Stay updated with @Professor Mende - Bonuz Ecosystem Founder and drop a follow! #Blackrock #Token2049 #BTCReboundsAfterFOMC #FOMC #ETF $BTC

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💰 CRYPTO ATM Operators urged to Combat FRAUD Seven U.S. Democratic Senators, led by Senate Judiciary Committee Chair Dick Durbin, have called on the top 10 Bitcoin ATM operators to address rising fraud targeting elderly Americans. In a Sept. 12 statement, Durbin, alongside Senators Elizabeth Warren and others, cited alarming Federal Trade Commission (FTC) data showing that fraud losses involving Bitcoin ATMs (BTMs) reached $65 million in the first half of 2023. The Senators highlighted that elderly Americans—those 60 and older—are more than three times as likely to report losses through BTMs compared to younger individuals. The letter was addressed to CEOs of prominent BTM operators, including Bitcoin Depot, CoinFlip, and Bitstop, urging them to act swiftly in combating scams associated with their machines. The call to action follows multiple reports of BTM-related fraud, including a July case where a business owner removed a Coinhub ATM due to frequent scams, and a New York Times article detailing how scammers coerced elderly individuals into using crypto ATMs to send funds. The Senators expressed concern about the role these ATMs play in widespread financial fraud and requested detailed responses on measures taken to prevent such fraud, including the use of warnings, transaction limits, and insurance against fraudulent activities. Responses are expected by Oct. 4. Recent FTC data further supports the Senators' concerns, revealing a tenfold increase in crypto ATM scams since 2020, with losses soaring from $12 million to $144 million. The FBI also reported that $5.6 billion was lost to crypto fraud in 2023, marking a 45% increase from the previous year. More than two-thirds of the losses involved older adults, with a median loss of $10,000 in cases involving Bitcoin ATMs. Do you think this will slow down mass adoption or is it just a minor issue to fix? Drop your opinion in the comments! #CryptoATM #ATM #scamaler #scam #fraud $BTC

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