🤗 Pavel Durov announced: Telegram's total revenue in 2024 has exceeded 1 billion dollars, with over 500 million dollars in cash reserves, excluding cryptocurrency assets. Telegram is currently profitable.👏👏 #PavelDurov #telegram
😎 The United Arab Emirates (UAE) holds $40 billion in Bitcoin, asserting its pioneering position in the global cryptocurrency sector. This milestone was highlighted by Changpeng “CZ” Zhao on X.
From July 2023 to June 2024, the UAE processed $34 billion in cryptocurrency transactions, a 42% increase from the previous year, with Bitcoin accounting for 19%. Progressive legal policies along with initiatives such as the DMCC Crypto Centre have turned Dubai into a leading blockchain hub.
DeFi activity in the UAE increased by 74%, while institutional investment in Bitcoin surged. By 2025, the number of cryptocurrency users in the UAE is expected to reach 3.78 million, reinforcing the country’s leading position in the digital economy. #CZ #UAE #tiendientu
🔥HOT: Metaplanet buys the dip near 620 Bitcoin, raising total holdings to 1,762 BTC
On December 23, Metaplanet, a Japanese investment company, announced it had purchased 619.7 Bitcoin for a total value of nearly 60 million USD, when the price of Bitcoin was trading at 96,000 USD. This is the largest purchase transaction ever made by the company, bringing their total Bitcoin holdings to 1,762 BTC, worth approximately 168 million USD.
Metaplanet, likened to the "MicroStrategy of Asia," reported a BTC yield increase of 310% in Q4 2024. The company expects to achieve its first operating profit since 2017, with plans to expand its Bitcoin accumulation strategy into an official business segment.
Metaplanet's stock has increased over 2,100% this year thanks to the adoption of Bitcoin, although it has recently seen a slight decline following the latest announcement.
🔥 Interpol issues Red Notice for Richard Heart, founder of Hex
Interpol has just issued a Red Notice for Richard Schueler (Richard Heart), the founder of Hex, due to allegations of tax fraud and assault.
The Finnish authorities are seeking to arrest Heart, who is listed among the most wanted criminals in Europe. He is accused of assaulting a 16-year-old victim and tax evasion from June 2020 to April 2024. The total amount of tax evasion is estimated to reach hundreds of millions of euros.
The sentence that will be given to Richard Heart will be updated in our article as soon as information is available. #interpol #Write2earn
🤷 Mr. Trump appoints Bo Hines to lead the Crypto Advisory Council, surprising many.
President-elect Donald Trump has chosen Bo Hines (born in 1995), a former football player and unsuccessful candidate in the House races of 2022 and 2024, to lead the President's Advisory Council on Crypto, under the guidance of David Sacks.
This decision has caused quite a surprise as Bo Hines appears to have never made any public statements related to cryptocurrency. However, some facts indicate that Hines has a friendly relationship with the Crypto industry: - In the 2022 House campaign, he received support from organizations related to Crypto, including FTX. - This suggests that he may have had some interest or exposure to this field, even if it wasn't clearly expressed in public statements.
Choosing a figure without a prominent track record in cryptocurrency like Hines may reflect Trump’s strategy of balancing fresh faces with experienced leaders like David Sacks. This could also signal that Trump wants to build a diverse council with a fresh perspective on Crypto. However, this appointment also raises questions about Hines' capabilities and direction in this important role. Observers are waiting to see what changes Hines will bring to the cryptocurrency field under the Trump administration.#TRUMP #bohines #Write&Earn
NOTICE: WARNING FROM CZ - AVOID SCAMS RELATED TO PRIVATE KEYS AND HARDWARE
The cryptocurrency market is growing day by day, along with an increase in fraudulent activities. One of the most common tricks today is to lure users into receiving free private keys or hardware wallets. CZ (Changpeng Zhao) also issued a warning about this scam on X.
Hackers often use sophisticated methods to deceive users:
- Offering private keys or hardware wallets: Hackers will provide victims with compromised private keys or hardware wallets, or create fake wallets.
In a move aimed at deterring market manipulation in the cryptocurrency space, the SEC has fined Tai Mo Shan, a unit of Jump Trading, $123 million. Investigations revealed that this company engaged in an opaque "market making" strategy with UST, purchasing a large amount of UST to support its price and receiving Luna tokens at attractive discounts in return. This behavior clearly violates securities trading regulations and has caused harm to investors. #SEC #UST #LUNA
🔥 Google has announced an update to its cryptocurrency advertising policy, effective January 15, 2025.
Accordingly, cryptocurrency exchanges and software wallets in the United Kingdom may promote products if they meet the criteria and have certification from Google, as well as register with the Financial Conduct Authority (FCA). Advertising for hardware wallets will be allowed, but they cannot provide buying or trading services for assets. Advertisers must comply with local legal requirements and have certification from Google. #tiendientu #google
😎 The Congress approved the short-term budget bill, the U.S. government avoids the risk of shutdown
With 85 votes in favor and 14 against, the short-term budget bill passed through the U.S. Senate after being approved by the House of Representatives on the evening of December 20. The bill will be presented to President Joe Biden for signing into law to officially take effect. President Biden has expressed his intention to sign this bill after it was passed by the U.S. Congress.
According to this bill, the federal government will have operational funding at the current level until March 14, while over 100 billion USD will be used to support areas affected by storms and American farmers. The bill also extends the 2018 Farm Bill for another year.
The bill faced many challenges during negotiations, with opposition from Trump and Elon Musk, but was ultimately passed after significant amendments. House Speaker Mike Johnson faced criticism but later expressed gratitude for the bill's passage. These negotiations signal legislative challenges ahead, as the Republican Party will control Congress in January.
If you find this information useful and want to stay updated on the latest news in the cryptocurrency market, don't forget to like the post and follow us to not miss any important news! #trump #musk #biden
👏 Cryptopia bankruptcy distributes 225 million USD to victims affected by the 2019 hack.
On December 20, 2024, Grant Thornton, the liquidation company of the cryptocurrency exchange Cryptopia, announced the start of distributing 225 million USD (approximately 400 million NZD) to more than 10,000 account holders affected by the 2019 hack. This marks an important milestone in the nearly 5-year liquidation process.
The first distribution includes Bitcoin (BTC), Dogecoin (DOGE), and other assets. Grant Thornton is committed to continuing additional distributions, with plans to pay out the full stored value to verified account holders. The company urges users who have not yet registered to quickly complete the procedures on the claims portal to qualify for the upcoming distributions.
Cryptopia, once a leading cryptocurrency exchange in New Zealand with 1.4 million users, lost 16 million USD in the January 2019 hack. Following the incident, the exchange was forced to declare bankruptcy, with debts amounting to 4.2 million USD.
Victims should pay attention to stay updated to reclaim their funds. #Cryptopia #BTC #DOGE
🤔 Are you scared when the market is all red? Buy when others are scared, don’t sell, even Jim Cramer says so. 🎄That's a Christmas gift, guys take advantage, and wait for the lunar new year to explode.
🤩 Tether plans to launch an artificial intelligence (AI) platform in the first quarter of 2025, aiming to further strengthen Tether's pioneering role in shaping the future of technology. CEO Paolo Ardoino stated in a post on X on Friday, December 20, 2024. Current artificial intelligence technology is receiving significant attention due to its many benefits that help people enhance the quality of work in various fields. The potential for the future is immense, Tether is not missing the trend, and we shouldn't miss the trend either #AI nha. Do you understand what I mean? #Tether #USDT🔥🔥
On the morning of December 20, 2024, Mo Shaikh, co-founder and CEO of Aptos Labs - the organization behind the development of layer-1 blockchain Aptos, suddenly announced his decision to resign after more than 3 years of dedication and development of the project.
Aptos, considered one of the new generation blockchains with low transaction fees and smooth experience, has built a strong brand and impressive marketing strategy.
Shaikh also did not forget to thank the partners, investors and large investment funds who have supported Aptos' vision over the past time.
Avery Ching, co-founder and CTO of Aptos Labs, will take on the role of CEO, continuing to lead the project. With new leadership, Aptos is expected to restructure and accelerate development, maximizing its potential to become a leading blockchain platform in the future. #Aptos #APT #Write&Earn
Azoria CEO James Fishback has denied rumors of a partnership between Dogecoin (DOGE) and USUAL.
He confirmed that the account of Vivek Ramaswamy, head of DOGE, was hacked. The news about a "strategic partnership" between DOGE and USUAL is just a scam.
Specifically, Ramaswamy's account on the X platform, with 3.4 million followers, posted fake information that DOGE would be partnering with USUAL to promote fiscal responsibility and financial inclusion. This news caused a strong wave of FOMO, pushing the price of USUAL up 33% to $1.58, despite the general market slump.
Despite the post being quickly deleted and Ramaswamy confirming that his account had been compromised, the USUAL price continued to rise, raising suspicions that this was a marketing campaign in disguise from the project team. Some even "half-jokingly" suggested that this hack could just be an excuse.
Fishback emphasized the importance of verifying information before sharing, especially in a digital age that is prone to manipulation. He said that denying rumors is necessary to protect public trust and transparency in the cryptocurrency market.
If you find this information useful and want to follow the latest updates on the cryptocurrency market, don't forget to like the article and follow us so you don't miss any important news! #USUAL $DOGE #Dogecoin
🚀 El Salvador buys an additional 11 Bitcoin after receiving a $1.4 billion loan from the IMF
The IMF has agreed to provide a $1.4 billion loan to El Salvador, but in return, the country has agreed to relax some of its current Bitcoin policies.
Key changes include: - Merchants will not be required to accept Bitcoin as a payment method but will have the right to choose voluntarily. - Taxes will continue to be paid in USD, not accepting Bitcoin. - The government's Bitcoin wallet, Chivo, will be sold to private companies, while wallets from other private companies will continue to operate. This comes after the Chivo wallet faced many technical issues and was not used widely as expected.
These adjustments are believed to be aimed at easing concerns about the imposition of Bitcoin on the economy and helping to ensure the financial stability of El Salvador while continuing to maintain relations with the IMF.
El Salvador, which has added 11 Bitcoin to its portfolio, continues to affirm its commitment to adopting Bitcoin as a legal currency.
🙏If you find this information useful and want to stay updated with the latest news in the cryptocurrency market, don’t forget to like the post and follow us so you don’t miss any important news!
HOT🔥: SEC Approves Hashdex Bitcoin and Ethereum Index ETF
The U.S. Securities and Exchange Commission (SEC) has officially approved Hashdex's Bitcoin and Ethereum Index ETF on the Nasdaq exchange. This is a significant step forward, allowing investors to easily access Bitcoin and Ethereum through a tightly regulated investment product.
This ETF not only provides higher liquidity and transparency to the cryptocurrency market but also promotes wider acceptance of digital assets in mainstream financial markets. With a safe and accessible investment structure, this product is expected to attract both institutional and individual investors looking to diversify their portfolios.
This approval reflects the growing demand for cryptocurrency-related financial products and could pave the way for further innovations in the future.
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🥶 WORLDCOIN REQUIRED BY GERMANY TO DELETE ILLEGALLY COLLECTED DATA
Sam Altman's Worldcoin project has just received a strong blow as Germany's data protection agency ordered the deletion of users' biometric data. This decision was made after the regulatory body discovered numerous serious violations related to the EU's GDPR data protection regulations.
Worldcoin, an ambitious project aimed at building a global digital identity system based on iris scanning, has attracted public attention and regulatory scrutiny worldwide. However, the large-scale collection of biometric data has raised many questions about privacy and information security.
Germany's data protection agency believes that Worldcoin has not fully complied with GDPR regulations, particularly regarding the collection, storage, and processing of personal data. Therefore, they ordered Worldcoin to delete all collected biometric data.
In response to this decision, Worldcoin has voiced its opposition, claiming that its technology is designed to protect user privacy. However, the German regulatory body maintains that data deletion is necessary to safeguard user rights.
The Worldcoin case has sparked a heated debate about balancing technological innovation and privacy protection. At the same time, it poses significant challenges for projects related to biometric data.
At the time of writing, the price of WLD is $2.24, down 6.7% in the past 24 hours. But in the long term, WLD will recover, hold on tight because the future potential is great, #WLD #Worldcoin #Write2Earn!
👏Grayscale Launches Exclusive Investment Fund for Altcoin Bittensor (TAO)
Grayscale Investments, a leading digital asset management company, has just introduced the Grayscale Bittensor Trust, the first investment fund focused on Bittensor (TAO). This is a decentralized machine learning protocol based on blockchain, which helps users collaborate to train machine learning models and earn rewards in TAO tokens.
This fund provides investors with the opportunity to access TAO without directly purchasing or storing digital assets. Although TAO's price has dropped 16% in the past week, Grayscale expects the fund to promote the development of blockchain combined with machine learning and increase TAO's appeal in the market.
If you find this information useful and want to follow the latest updates on the cryptocurrency market, don't forget to like the article and follow us so you don't miss any important news. #tao #GrayscaleInvestments #Write2Earn!
💥 OBNB officially launched in the United States, paving the way for BNB in the traditional market
Immediately after the Osprey BNB Chain Trust (OBNB) investment fund was publicly listed on the OTCQX market, former Binance CEO, Changpeng Zhao (CZ), praised this initiative, although he stated that he was not involved in the development process and only learned about it a few days prior.
OBNB, with its transparent operational structure and full compliance with legal regulations, will help BNB become a more attractive investment asset in the eyes of traditional investors. This listing will not only enhance liquidity for BNB but also strengthen Binance's position in the cryptocurrency community.
Experts believe that the launch of OBNB is a positive signal indicating the maturity of the cryptocurrency market and the increasingly deep integration between the traditional financial world and cryptocurrency. However, investors still need to be cautious and thoroughly assess the risks before deciding to invest in BNB.
In the future, with the support of OBNB, BNB has the potential to become one of the world's leading digital assets, competing on par with other cryptocurrencies like Bitcoin and Ethereum.
If you find this information helpful and want to keep up with the latest updates on the cryptocurrency market, don't forget to like the post and follow us so you don't miss any important news!