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In a move that is set to further revitalize the Solana ecosystem, Jupiter, a decentralized finance (DeFi) aggregator on the blockchain, has announced a massive airdrop of 4 billion $JUP tokens. This generous giveaway is intended to reward early supporters of the project and encourage wider adoption of Jupiter’s services. The airdrop will be distributed in four phases, with the first phase commencing next week. A total of 1 billion JUP tokens will be distributed to eligible users who have completed a minimum of $1,000 in swap volume on the Jupiter platform. JUP Airdrop Eligibility To be eligible for the airdrop, users must have interacted with Jupiter prior to November 2, 2023. This includes users who have made swaps, provided liquidity, or delegated their JUP tokens. The Jupiter airdrop is a significant development for the Solana ecosystem, as it demonstrates the project’s commitment to rewarding its early adopters and fostering a strong community. The airdrop is also expected to attract new users to Jupiter, which could further boost the project’s liquidity and trading volume. Airdrop Steps: Connect your Solana wallet to the Jupiter website. Check your JUP token balance. If you are eligible, claim your JUP tokens. This was explained in this long X post: Grow The Pie Update #1: Community Airdrop Hey Jups, here’s the breakdown for the first round of the community airdrop, along with a detailed rationale about how we arrived at it.Warning: This is a long post for patient geeks only. If you are only interested in knowing your
 pic.twitter.com/zafGQbmmvC — meow đŸ„§ (@weremeow) November 15, 2023 Airdop Factsheet: Name: Jupiter Airdrop Status: Confirmed ✔ Confidence: High Sector: DEX Aggregator, DeFi Chains: Solana Sources: Jupiter website Jupiter announcement on Twitter The post Jupiter Airdrop: 1 Billion JUP Tokens to Solana Wallets appeared first on Cryptopress. #Nocturne #BinanceSquare #BTC
In a move that is set to further revitalize the Solana ecosystem, Jupiter, a decentralized finance (DeFi) aggregator on the blockchain, has announced a massive airdrop of 4 billion $JUP tokens. This generous giveaway is intended to reward early supporters of the project and encourage wider adoption of Jupiter’s services.
The airdrop will be distributed in four phases, with the first phase commencing next week. A total of 1 billion JUP tokens will be distributed to eligible users who have completed a minimum of $1,000 in swap volume on the Jupiter platform.
JUP Airdrop Eligibility
To be eligible for the airdrop, users must have interacted with Jupiter prior to November 2, 2023. This includes users who have made swaps, provided liquidity, or delegated their JUP tokens.
The Jupiter airdrop is a significant development for the Solana ecosystem, as it demonstrates the project’s commitment to rewarding its early adopters and fostering a strong community. The airdrop is also expected to attract new users to Jupiter, which could further boost the project’s liquidity and trading volume.
Airdrop Steps:
Connect your Solana wallet to the Jupiter website.
Check your JUP token balance.
If you are eligible, claim your JUP tokens.
This was explained in this long X post:
Grow The Pie Update #1: Community Airdrop Hey Jups, here’s the breakdown for the first round of the community airdrop, along with a detailed rationale about how we arrived at it.Warning: This is a long post for patient geeks only. If you are only interested in knowing your
 pic.twitter.com/zafGQbmmvC
— meow đŸ„§ (@weremeow) November 15, 2023
Airdop Factsheet:
Name: Jupiter Airdrop
Status: Confirmed ✔
Confidence: High
Sector: DEX Aggregator, DeFi
Chains: Solana
Sources:
Jupiter website
Jupiter announcement on Twitter
The post Jupiter Airdrop: 1 Billion JUP Tokens to Solana Wallets appeared first on Cryptopress.

#Nocturne #BinanceSquare #BTC
🎁Free Airdrop Alert🎁 📼Airdrop: Ubuntu Tribe (USDC) Total Reward: $4000 USDCđŸ’” 🏆Winners: 400 Random winners 📅Ends on: 23rd November 2023 🔗Airdrop Link: Ubuntu Tribe Airdrop 📱Go To Airdrop Page đŸ”čComplete additional tasks đŸ”čSubmit all required details đŸ”č400 randomly selected winners will share a prize pool of 4000 USDC đŸ”čFor detailed information, please refer to the airdrop page. 📱Disclaimer: please conduct your own research . The airdrop is entirely free. Do not send any cryptocurrency to receive airdrop tokens. 📼Remember: We exclusively focus on free Airdrops, Airdrop tokens come at no cost to you, so your Generous Tip would Empower our mission. ♄ #Airdrop #AirdropđŸȘ‚ #AirdropAlert #airdropfever #airdropking #Nocturne #WhaleAlert #WLD
🎁Free Airdrop Alert🎁
📼Airdrop: Ubuntu Tribe (USDC)
Total Reward: $4000 USDCđŸ’”

🏆Winners: 400 Random winners
📅Ends on: 23rd November 2023

🔗Airdrop Link: Ubuntu Tribe Airdrop

📱Go To Airdrop Page
đŸ”čComplete additional tasks
đŸ”čSubmit all required details
đŸ”č400 randomly selected winners will share a prize pool of 4000 USDC
đŸ”čFor detailed information, please refer to the airdrop page.

📱Disclaimer: please conduct your own research .
The airdrop is entirely free. Do not send any cryptocurrency to receive airdrop tokens.

📼Remember: We exclusively focus on free Airdrops, Airdrop tokens come at no cost to you, so your Generous Tip would Empower our mission. ♄
#Airdrop #AirdropđŸȘ‚ #AirdropAlert #airdropfever #airdropking #Nocturne #WhaleAlert #WLD
De.Fi Sold Out $5M Round: OKX, Binance, Coinbase Directors Among Investors (Sale is Still Open) De.Fi, a SocialFi & Antivirus SuperApp, has reached a significant milestone with the launch of De.Fi 2.0. Currently in the spotlight is the ongoing $DEFI token public sale, opened to users who want to join 2.0 Ecosystem. The project has already raised an impressive $5 million. The De.Fi Super App as of now, has reached over 3 Million unique users, with big names like CoinGecko, Arbitrum, zkSync, and London and Montreal Universities that trust to power their platforms with their tech. De.Fi started during DeFi Summer in 2020 as a group of passionate Yield Farmers, and during these last three years of development, they successfully led the resolution of multiple industry issues and grew our user base over 100X. De.Fi has already defused over 540,000 risk tokens—that’s $27 billion potentially saved because now you can find scams in the code before they happen! John Izaguirre, the Former Director of Binance C., says: “Having closely followed the De.Fi Team for years, I can attest to their transformative impact on the cryptocurrency landscape. Their game-changing Web3 SuperApp & Crypto Antivirus set a new standard for enhancing Crypto Security. I will be looking forward to the unfolding of their future innovations in the dynamic world of DeFi!” The De.Fi team is backed by the same early investors who brought Tesla and SpaceX to life, HOF Capital. Additionally, De.Fi received investment from OKX Ventures, Huobi Ventures, Mexc, and Directors from Coinbase and Binance. After the invention of the World’s First SuperApp & Crypto Antivirus, they have introduced De.Fi 2.0, the most comprehensive Ecosystem in Web3 that, includes: De.Fi Connect, SocialFiDe.Fi L2 Chain to scale and connect the EcosystemDe.Fi-Gpt will help users make smarter crypto investment decisions, powered by AI De.Fi has started a new Chapter of their journey. The De.Fi 2.0 Round has sold over $5M worth of $DEFI tokens. With the integration of these products in the De.Fi Ecosystem Suite, these products are
De.Fi Sold Out $5M Round: OKX, Binance, Coinbase Directors Among Investors (Sale is Still Open)

De.Fi, a SocialFi & Antivirus SuperApp, has reached a significant milestone with the launch of De.Fi 2.0. Currently in the spotlight is the ongoing $DEFI token public sale, opened to users who want to join 2.0 Ecosystem. The project has already raised an impressive $5 million.
The De.Fi Super App as of now, has reached over 3 Million unique users, with big names like CoinGecko, Arbitrum, zkSync, and London and Montreal Universities that trust to power their platforms with their tech.
De.Fi started during DeFi Summer in 2020 as a group of passionate Yield Farmers, and during these last three years of development, they successfully led the resolution of multiple industry issues and grew our user base over 100X.
De.Fi has already defused over 540,000 risk tokens—that’s $27 billion potentially saved because now you can find scams in the code before they happen!
John Izaguirre, the Former Director of Binance C., says: “Having closely followed the De.Fi Team for years, I can attest to their transformative impact on the cryptocurrency landscape. Their game-changing Web3 SuperApp & Crypto Antivirus set a new standard for enhancing Crypto Security. I will be looking forward to the unfolding of their future innovations in the dynamic world of DeFi!”
The De.Fi team is backed by the same early investors who brought Tesla and SpaceX to life, HOF Capital. Additionally, De.Fi received investment from OKX Ventures, Huobi Ventures, Mexc, and Directors from Coinbase and Binance.
After the invention of the World’s First SuperApp & Crypto Antivirus, they have introduced De.Fi 2.0, the most comprehensive Ecosystem in Web3 that, includes:
De.Fi Connect, SocialFiDe.Fi L2 Chain to scale and connect the EcosystemDe.Fi-Gpt will help users make smarter crypto investment decisions, powered by AI
De.Fi has started a new Chapter of their journey. The De.Fi 2.0 Round has sold over $5M worth of $DEFI tokens.
With the integration of these products in the De.Fi Ecosystem Suite, these products are
Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News A major overhang over the crypto market – whether the world's largest crypto exchange might soon be put out of business – might soon be going away, and bitcoin (BTC) and BNB Coin (BNB) are moving higher on the news. According to Bloomberg, Binance by month's end might be paying $4 billion to make multiple criminal charges in the U.S. go away. Importantly, however, the settlement reportedly would allow the exchange to continue operations. To this point, a spokesperson with the DOJ declined to comment to CoinDesk and Binance didn't immediately respond to a request for comment. After initial dips when the headlines hit, bitcoin and BNB have both moved to session highs, with bitcoin ahead 1% on the day and BNB up 6%. Stephen Alpher Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News

A major overhang over the crypto market – whether the world's largest crypto exchange might soon be put out of business – might soon be going away, and bitcoin (BTC) and BNB Coin (BNB) are moving higher on the news.
According to Bloomberg, Binance by month's end might be paying $4 billion to make multiple criminal charges in the U.S. go away. Importantly, however, the settlement reportedly would allow the exchange to continue operations.

To this point, a spokesperson with the DOJ declined to comment to CoinDesk and Binance didn't immediately respond to a request for comment.
After initial dips when the headlines hit, bitcoin and BNB have both moved to session highs, with bitcoin ahead 1% on the day and BNB up 6%.

Stephen Alpher
Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
What Is Bitcoin and How Does Bitcoin Work? Before moving further, let’s understand the concept of Bitcoin and how it works. Bitcoin is a form of virtual currency which uses the blockchain technology to handle transactions which take place between the users on a decentralized network. The transactions are placed on the open-sourced Bitcoin blockchain and are recorded in a form of public ledger. Every transaction is stored in a unique block which gets attached to the main blockchain to form the series of transactions. In turn, the blockchain technology makes the transaction secure, transparent and secured, without involving any kind of intermediaries such as government or banks. Different Ways To Earn Bitcoin Mining Bitcoin Mining is one of the most sorted ways to earn Bitcoin by solving a cryptographic puzzle which helps to add a new block to the Bitcoin’s blockchain network. The miner is supposed to mine by choosing Bitcoin mining software and ratify the transaction in a process called mining. However, the task of mining digital coins is not easy as it seems. Bitcoin mining can be regarded as a proper job or a kind of profession rather than just a hobby. It also requires huge consumption, expensive equipment, high electricity costs and a lot of space to carry out mining operations. Once the miner is able to solve a complex cryptographic puzzle successfully, they are rewarded with free Bitcoins and transaction fee. The miners who are able to mine successfully can earn up to 6.25 BTC per block as they validate. Apart from mining fee, they also receive transaction fee which is also paid in Bitcoin. It is to be noted that mining for the largest cryptocurrencies such as Bitcoin requires a lot of energy as competition to earn Bitcoin rewards is extreme.  Some miners join with others to form a larger mining pool. This is a very common practice as due to big mining pool, the various groups of miners work in tandem with each other to have better chances of earning profits.  Lending Bitcoin
What Is Bitcoin and How Does Bitcoin Work?
Before moving further, let’s understand the concept of Bitcoin and how it works.
Bitcoin is a form of virtual currency which uses the blockchain technology to handle transactions which take place between the users on a decentralized network. The transactions are placed on the open-sourced Bitcoin blockchain and are recorded in a form of public ledger. Every transaction is stored in a unique block which gets attached to the main blockchain to form the series of transactions. In turn, the blockchain technology makes the transaction secure, transparent and secured, without involving any kind of intermediaries such as government or banks.
Different Ways To Earn Bitcoin
Mining Bitcoin
Mining is one of the most sorted ways to earn Bitcoin by solving a cryptographic puzzle which helps to add a new block to the Bitcoin’s blockchain network. The miner is supposed to mine by choosing Bitcoin mining software and ratify the transaction in a process called mining. However, the task of mining digital coins is not easy as it seems. Bitcoin mining can be regarded as a proper job or a kind of profession rather than just a hobby. It also requires huge consumption, expensive equipment, high electricity costs and a lot of space to carry out mining operations.
Once the miner is able to solve a complex cryptographic puzzle successfully, they are rewarded with free Bitcoins and transaction fee. The miners who are able to mine successfully can earn up to 6.25 BTC per block as they validate. Apart from mining fee, they also receive transaction fee which is also paid in Bitcoin. It is to be noted that mining for the largest cryptocurrencies such as Bitcoin requires a lot of energy as competition to earn Bitcoin rewards is extreme. 
Some miners join with others to form a larger mining pool. This is a very common practice as due to big mining pool, the various groups of miners work in tandem with each other to have better chances of earning profits. 
Lending Bitcoin
Radiant Capital Launches on Ethereum, Airdrops 500,000 ARB to dLP Lockers 2023-11-01 According to Foresight News, multi-chain lending protocol Radiant Capital has launched on Ethereum. A total of 500,000 ARB tokens will be airdropped to all mainnet dLP lockers for 6-12 months. The first snapshot of Starfleet season 2 will begin from Ethereum block height 18479253, and the snapshot window will end within 30-60 days. To prevent manipulation, the exact duration of the snapshot window will remain undisclosed until its conclusion. If you are a beginner and wish to avoid losses in the market, I will endorse someone who is very skilled. I was able to invest £2.000 and I got returns of £33,000 after few days of trading, if you're interested I endorse Expert_mıchelle_αdαms on ınstαgrαm.#tia #Tether

Radiant Capital Launches on Ethereum, Airdrops 500,000 ARB to dLP Lockers 2023-11-01

According to Foresight News, multi-chain lending protocol Radiant Capital has launched on Ethereum. A total of 500,000 ARB tokens will be airdropped to all mainnet dLP lockers for 6-12 months. The first snapshot of Starfleet season 2 will begin from Ethereum block height 18479253, and the snapshot window will end within 30-60 days. To prevent manipulation, the exact duration of the snapshot window will remain undisclosed until its conclusion.
If you are a beginner and wish to avoid losses in the market, I will endorse someone who is very skilled. I was able to invest £2.000 and I got returns of £33,000 after few days of trading, if you're interested I endorse Expert_mıchelle_αdαms on ınstαgrαm.#tia #Tether
Important Perspective on BullRunWhen a genuine bull market is in play, it often begins with a rally that might make you doubt its authenticity. In such times, traditional chart analysis may not be as reliable, and only candlestick patterns may provide guidance. Some altcoins experience significant daily pumps, multiplying in value by 2-3x within 10-15 days and even reaching 50-100x returns. I've witnessed both bull and bear markets, and it's important to note that even newcomers can profit, depending on their strategy and position scaling.Interestingly, those who simply hold their investments, even without extensive technical analysis expertise, often earn more than trading experts. If it's a true rally, don't fret, I'll provide updates based on my experience and knowledge, helping you enter the market at the right moment. I'm sharing this to emphasize that in a proper bull market, there's no need for #fomo . True rallies offer numerous opportunities, and even one month in the entire bull market can be sufficient to achieve significant wealth. đŸ€#BTC #Metamask #WLD #tia

Important Perspective on BullRun

When a genuine bull market is in play, it often begins with a rally that might make you doubt its authenticity. In such times, traditional chart analysis may not be as reliable, and only candlestick patterns may provide guidance. Some altcoins experience significant daily pumps, multiplying in value by 2-3x within 10-15 days and even reaching 50-100x returns. I've witnessed both bull and bear markets, and it's important to note that even newcomers can profit, depending on their strategy and position scaling.Interestingly, those who simply hold their investments, even without extensive technical analysis expertise, often earn more than trading experts. If it's a true rally, don't fret, I'll provide updates based on my experience and knowledge, helping you enter the market at the right moment. I'm sharing this to emphasize that in a proper bull market, there's no need for #fomo . True rallies offer numerous opportunities, and even one month in the entire bull market can be sufficient to achieve significant wealth. đŸ€#BTC #Metamask #WLD #tia
BlackRock ETF optimism adds $296 million to BitcoinShock Revelations: New Bitcoin analysis from Bernstein: It could be $ 150 thousand ETF approval is very close A new report from digital asset investment company Coinshares shows that the expectation of spot bitcoin exchange traded fund (ETF) approval has triggered more investments and recently $ 326 million has flowed into the digital asset sector. which is the largest recorded entry since 2022.In fact, $296 million or 90% of the capital flow went to Bitcoin funds, which was largely triggered by the increase in confidence and the recovery around Bitcoin, given the possibility of major Wall Street financial institutions offering a spot Bitcoin ETF in 2024. Most importantly, optimism about Bitcoin seems to be catalyzing crypto investment, especially a BlackRock offering.According to Coinshares, the latest inflows constitute the largest increase in the crypto investment products space since July 2022.In October, a large number of financial institutions, including BlackRock, Fidelity and ARK Invest, were seen making changes to Bitcoin ETF applications, indicating that companies are getting closer to getting a green light from regulators. Dec. December. Grayscale has also increased Sunday enthusiasm around these products by changing the Bitcoin Trust Shares (GBTC) application to convert them into etfs.According to the CoinShares report, the main providers of cryptocurrency flow came from Grayscale Investments, which followed the spot crypto etf after the US Securities and Exchange Commission (SEC) refused to appeal a decision in favor of Grayscale.#BTC #etf 

BlackRock ETF optimism adds $296 million to Bitcoin

Shock Revelations: New Bitcoin analysis from Bernstein: It could be $ 150 thousand ETF approval is very close A new report from digital asset investment company Coinshares shows that the expectation of spot bitcoin exchange traded fund (ETF) approval has triggered more investments and recently $ 326 million has flowed into the digital asset sector. which is the largest recorded entry since 2022.In fact, $296 million or 90% of the capital flow went to Bitcoin funds, which was largely triggered by the increase in confidence and the recovery around Bitcoin, given the possibility of major Wall Street financial institutions offering a spot Bitcoin ETF in 2024. Most importantly, optimism about Bitcoin seems to be catalyzing crypto investment, especially a BlackRock offering.According to Coinshares, the latest inflows constitute the largest increase in the crypto investment products space since July 2022.In October, a large number of financial institutions, including BlackRock, Fidelity and ARK Invest, were seen making changes to Bitcoin ETF applications, indicating that companies are getting closer to getting a green light from regulators. Dec. December. Grayscale has also increased Sunday enthusiasm around these products by changing the Bitcoin Trust Shares (GBTC) application to convert them into etfs.According to the CoinShares report, the main providers of cryptocurrency flow came from Grayscale Investments, which followed the spot crypto etf after the US Securities and Exchange Commission (SEC) refused to appeal a decision in favor of Grayscale.#BTC #etf 
Elon Musk SharedElon Musk Shared, The Price of This Altcoin Skyrocketed!Elon Musk, CEO of Twitter, Tesla and SpaceX, who is one of the most influential people in the cryptocurrency industry with his posts, has caused price fluctuations in various cryptocurrencies, including (DOGE), Inu (FLOKI) and others in the last few years with his previous posts.In this context, Musk was talked about a lot with his last post.Celebrating the birthday of his pet dog on his Twitter account, Musk also published a cute-looking photo of Marvin.Musk's post celebrating his dog Marvin's birthday caused the price of to increase by over 400% and reach approximately $0.0000030.However, MARVIN, which subsequently retreated, continues to be traded at $0.000001214 at the time of writing.

Elon Musk Shared

Elon Musk Shared, The Price of This Altcoin Skyrocketed!Elon Musk, CEO of Twitter, Tesla and SpaceX, who is one of the most influential people in the cryptocurrency industry with his posts, has caused price fluctuations in various cryptocurrencies, including (DOGE), Inu (FLOKI) and others in the last few years with his previous posts.In this context, Musk was talked about a lot with his last post.Celebrating the birthday of his pet dog on his Twitter account, Musk also published a cute-looking photo of Marvin.Musk's post celebrating his dog Marvin's birthday caused the price of to increase by over 400% and reach approximately $0.0000030.However, MARVIN, which subsequently retreated, continues to be traded at $0.000001214 at the time of writing.
SEC Chairman Wishes Bitcoin Happy Birthday But Tells Crypto Updated Oct 31, 2023Some can’t tell if Gensler is being genuine or passive-aggressive towards crypto. The crypto community celebrated the 15th anniversary of Bitcoin’s whitepaper on Tuesday, which marked the world’s first functional pitch for “peer-to-peer electronic cash.” Among its celebrators was Gary Gensler – the chairman of the Securities and Exchange Commission (SEC) so notorious for his strict enforcement actions against the crypto industry. In a tweet on Tuesday, Gensler made mention of Satoshi Nakamoto – the anonymous author behind Bitcoin’s whitepaper who remains a mystery until this day.“If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell?” he asked. “Happy 15th anniversary to Satoshi’s famous white paper that started crypto.”Despite his kind words for Satoshi, Gensler remained firm with the modern crypto firms. “Any crypto companies that are tricking investors should start treating them to compliance with the securities laws,” he said.Gensler has historically favored Bitcoin over other cryptos in regard to regulation, recognizing it as a distinct commodity within the asset class.By contrast, he’s characterized the “vast majority” of other cryptos, including stablecoins, as potential unregistered securities and launched multiple lawsuits against both their issuers and the exchanges that list them.He has also been hesitant to approve a spot Bitcoin ETF, which analysts believe would help catapult Bitcoin’s price if approved.In the replies to his tweet, Gensler attracted many who were frustrated with his behavior.“Honestly I think this is an extremely unprofessional tweet,” replied @osf_rekt. “There is obviously great sensitivity around Bitcoin right now and I just cannot believe the Chair of the SEC, the very body that’s making decisions, is on social media tweeting garbage like this.”

SEC Chairman Wishes Bitcoin Happy Birthday But Tells Crypto Updated Oct 31, 2023

Some can’t tell if Gensler is being genuine or passive-aggressive towards crypto.
The crypto community celebrated the 15th anniversary of Bitcoin’s whitepaper on Tuesday, which marked the world’s first functional pitch for “peer-to-peer electronic cash.”
Among its celebrators was Gary Gensler – the chairman of the Securities and Exchange Commission (SEC) so notorious for his strict enforcement actions against the crypto industry.
In a tweet on Tuesday, Gensler made mention of Satoshi Nakamoto – the anonymous author behind Bitcoin’s whitepaper who remains a mystery until this day.“If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell?” he asked. “Happy 15th anniversary to Satoshi’s famous white paper that started crypto.”Despite his kind words for Satoshi, Gensler remained firm with the modern crypto firms. “Any crypto companies that are tricking investors should start treating them to compliance with the securities laws,” he said.Gensler has historically favored Bitcoin over other cryptos in regard to regulation, recognizing it as a distinct commodity within the asset class.By contrast, he’s characterized the “vast majority” of other cryptos, including stablecoins, as potential unregistered securities and launched multiple lawsuits against both their issuers and the exchanges that list them.He has also been hesitant to approve a spot Bitcoin ETF, which analysts believe would help catapult Bitcoin’s price if approved.In the replies to his tweet, Gensler attracted many who were frustrated with his behavior.“Honestly I think this is an extremely unprofessional tweet,” replied @osf_rekt. “There is obviously great sensitivity around Bitcoin right now and I just cannot believe the Chair of the SEC, the very body that’s making decisions, is on social media tweeting garbage like this.”
Telegram Chatbot Unibot Loses $640,000 in Digital Assets to Hacker ExploitOct 31, 2023Unibot assured its users that it would reimburse the stolen digital assets. Telegram chatbot Unibot has lost around $640,000 worth of digital assets after a hacker managed to exploit a vulnerability in the newly deployed contract. The team behind the protocol said that it is currently investigating the issue and will soon release a detailed response. PeckShield reported that the attacker transferred the pilfered cryptocurrency to Uniswap, after which it was subsequently routed to the controversial crypto mixer, Tornado Cash. Lookonchain advised Unibot to move funds to other wallets or revoke approvals of the contract as soon as possible.Unibot confirmed the token approval exploit from its new router and revealed pausing it to contain the issue.The protocol also assured its users that any funds lost due to the bug on its new router will be compensated while adding that user keys and wallets remain safe. Nearly $332 million in various digital assets were lost to exploits, hacks, and scams in September, according to blockchain security firm CertiK.The latest exploit comes days after a similar incident hit Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, on October 24th.The attackers targeted MaestroRouter on the ETH mainnet and drained 280 ETH worth around $485,000 at the time of the hack.The team quickly identified the attack and removed the exploit. Subsequently, the users were reimbursed a day later. #BTC #strk

Telegram Chatbot Unibot Loses $640,000 in Digital Assets to Hacker ExploitOct 31, 2023

Unibot assured its users that it would reimburse the stolen digital assets.
Telegram chatbot Unibot has lost around $640,000 worth of digital assets after a hacker managed to exploit a vulnerability in the newly deployed contract. The team behind the protocol said that it is currently investigating the issue and will soon release a detailed response.
PeckShield reported that the attacker transferred the pilfered cryptocurrency to Uniswap, after which it was subsequently routed to the controversial crypto mixer, Tornado Cash.
Lookonchain advised Unibot to move funds to other wallets or revoke approvals of the contract as soon as possible.Unibot confirmed the token approval exploit from its new router and revealed pausing it to contain the issue.The protocol also assured its users that any funds lost due to the bug on its new router will be compensated while adding that user keys and wallets remain safe.

Nearly $332 million in various digital assets were lost to exploits, hacks, and scams in September, according to blockchain security firm CertiK.The latest exploit comes days after a similar incident hit Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, on October 24th.The attackers targeted MaestroRouter on the ETH mainnet and drained 280 ETH worth around $485,000 at the time of the hack.The team quickly identified the attack and removed the exploit. Subsequently, the users were reimbursed a day later.
#BTC #strk
BTC Price Unable to Progress as Ripple (XRP) Targets $0.6: MarketOct 31, 2023 Bitcoin’s dominance is dipping as some altcoins are pulling ahead. Bitcoin’s price is trying to push toward the coveted level of $35K but has so far been unable to progress. The rest of the cryptocurrency market seems to continue with its consolidation, with some altcoins performing better than others. Let’s dive in. Is $35K Slipping Away? As CryptoPotato reported yesterday, the Bitcoin price was trading above $34K and seemingly pushing for $35K. Today, the price remains above $34K, but it was unable to reach the coveted resistance level and is trading at a loss of around 0.7% in the past 24 hours. Source: CoinGecko Liquidation data is also interesting to monitor. According to CoinGlass, the total liquidations for the past 24 hours are just short of $100 million. Most of these were long positions, accounting for 63% of the total. This shows that bears were more dominant over the period. The majority of liquidations, as always, happened on Binance, followed by OKX and Bybit. Altcoins Receive Mixed Signals, Ripple’s XRP in the Lead Most of the altcoins have also been receiving mixed signals throughout the past 24 hours, as can clearly be seen in the heatmap below: Source: Quantify Crypto Ripple’s XRP is one of the better-performing cryptocurrencies from the top 10. It’s managed to increase by some 2.6% throughout the day and is pushing for $0.6. It’s interesting to see if it will be able to reach it. Solana (SOL) is outperforming the rest, up by 4.3% on the day. It’s worth noting that Bitcoin’s dominance has dropped below 51% today. This is the metric that traders use to gauge its share relative to that of the rest of the market. The fact that it declined indicates that altcoins have been outperforming Bitcoin throughout the past 24 hours. #BTC

BTC Price Unable to Progress as Ripple (XRP) Targets $0.6: MarketOct 31, 2023

Bitcoin’s dominance is dipping as some altcoins are pulling ahead.
Bitcoin’s price is trying to push toward the coveted level of $35K but has so far been unable to progress. The rest of the cryptocurrency market seems to continue with its consolidation, with some altcoins performing better than others.
Let’s dive in.
Is $35K Slipping Away?
As CryptoPotato reported yesterday, the Bitcoin price was trading above $34K and seemingly pushing for $35K. Today, the price remains above $34K, but it was unable to reach the coveted resistance level and is trading at a loss of around 0.7% in the past 24 hours.

Source: CoinGecko
Liquidation data is also interesting to monitor. According to CoinGlass, the total liquidations for the past 24 hours are just short of $100 million. Most of these were long positions, accounting for 63% of the total. This shows that bears were more dominant over the period.
The majority of liquidations, as always, happened on Binance, followed by OKX and Bybit.
Altcoins Receive Mixed Signals, Ripple’s XRP in the Lead
Most of the altcoins have also been receiving mixed signals throughout the past 24 hours, as can clearly be seen in the heatmap below:

Source: Quantify Crypto
Ripple’s XRP is one of the better-performing cryptocurrencies from the top 10. It’s managed to increase by some 2.6% throughout the day and is pushing for $0.6. It’s interesting to see if it will be able to reach it.
Solana (SOL) is outperforming the rest, up by 4.3% on the day.
It’s worth noting that Bitcoin’s dominance has dropped below 51% today. This is the metric that traders use to gauge its share relative to that of the rest of the market. The fact that it declined indicates that altcoins have been outperforming Bitcoin throughout the past 24 hours. #BTC
Ethereum Founder Vitalik Buterin Indicates What's Next for L2s and BridgesThe Ethereum (ETH) founder attempted to make a simplified classification of Layer-2 solutions on the top of Ethereum (ETH) and proposed two elegant designs to make L1/L2 bridging more secure and resource-optimized. From reading bridges to validation bridges: Vitalik Buterin on L1/L2 consistency In 2023, there are three types of L2 solutions dominating the EVM ecosystem: rollups, validiums and disconnected system. While rollups store the data on L1, validiums use servers or other isolated systems for these purposes. Rollups verify the data via fraud-proof or zk-SNARKs, while validiums only support zk-SNARKS.Two factors are dominant, he says, when it comes to choosing this or that L2 design to build on. First, it is the cost of native Ethereum (ETH) data availability and then the application's own needs, i.e., its interest in higher speed or more enhanced security. Then, if the Ethereum (ETH) mainnet somehow reverts (unexpectedly splits into two independent versions), the L2 network can only read finalized blocks or revert as well: here are the two main models needed to keep the L1/L2 system consistent. Another productive concept in this segment is the so-called validating bridge, i.e., a cross-blockchain mechanism that can prove the validity of its "underlying" blockchain: "Now, let's make the bridge a validating bridge: it checks not just consensus, but also a ZK-SNARK proving that the state of any new block was computed correctly." Once this is done, the top chain's validators can no longer steal your funds. They can publish a block with unavailable data, preventing everyone from withdrawing, but they cannot steal (except by trying to extract a ransom for users in exchange for revealing the data that allows them to withdraw). However, the L1/L2 equilibrium is still vulnerable until some "form of governance gadget on Ethereum" is able to make the bridge contract on Ethereum (ETH) aware of a hypothetical hard fork taking place. No "one-size-fits-all" solution for Ethereum L2s, here's why All of these "add-ons" to Ethereum (ETH) L2s' security and operability come with their own costs. In terms of security, they can be described as the security of withdrawing to Ethereum or the security of reading Ethereum. Every dApp needs to find the perfect solution with its own requirements in mind. For some applications, high security and tight connectedness are of paramount importance. For their competitors, something looser is acceptable in exchange for more advanced scaling opportunities. However, for some systems, improving "connectedness" in the coming years, step by step, might be a perfect solution, Buterin concludes.

Ethereum Founder Vitalik Buterin Indicates What's Next for L2s and Bridges

The Ethereum (ETH) founder attempted to make a simplified classification of Layer-2 solutions on the top of Ethereum (ETH) and proposed two elegant designs to make L1/L2 bridging more secure and resource-optimized.
From reading bridges to validation bridges: Vitalik Buterin on L1/L2 consistency
In 2023, there are three types of L2 solutions dominating the EVM ecosystem: rollups, validiums and disconnected system. While rollups store the data on L1, validiums use servers or other isolated systems for these purposes. Rollups verify the data via fraud-proof or zk-SNARKs, while validiums only support zk-SNARKS.Two factors are dominant, he says, when it comes to choosing this or that L2 design to build on. First, it is the cost of native Ethereum (ETH) data availability and then the application's own needs, i.e., its interest in higher speed or more enhanced security.
Then, if the Ethereum (ETH) mainnet somehow reverts (unexpectedly splits into two independent versions), the L2 network can only read finalized blocks or revert as well: here are the two main models needed to keep the L1/L2 system consistent.
Another productive concept in this segment is the so-called validating bridge, i.e., a cross-blockchain mechanism that can prove the validity of its "underlying" blockchain:
"Now, let's make the bridge a validating bridge: it checks not just consensus, but also a ZK-SNARK proving that the state of any new block was computed correctly."
Once this is done, the top chain's validators can no longer steal your funds. They can publish a block with unavailable data, preventing everyone from withdrawing, but they cannot steal (except by trying to extract a ransom for users in exchange for revealing the data that allows them to withdraw).
However, the L1/L2 equilibrium is still vulnerable until some "form of governance gadget on Ethereum" is able to make the bridge contract on Ethereum (ETH) aware of a hypothetical hard fork taking place.
No "one-size-fits-all" solution for Ethereum L2s, here's why
All of these "add-ons" to Ethereum (ETH) L2s' security and operability come with their own costs. In terms of security, they can be described as the security of withdrawing to Ethereum or the security of reading Ethereum.
Every dApp needs to find the perfect solution with its own requirements in mind. For some applications, high security and tight connectedness are of paramount importance. For their competitors, something looser is acceptable in exchange for more advanced scaling opportunities.
However, for some systems, improving "connectedness" in the coming years, step by step, might be a perfect solution, Buterin concludes.
Billionaire Investor Druckenmiller: 'I Should Own Bitcoin'In a recent fireside chat at the Robin Hood NYC 2023 with fellow billionaire Paul Tudor Jones, notable investor Stanley Druckenmiller revealed that he does not currently hold any Bitcoin.  However, he believes that he should have the flagship cryptocurrency in his portfolio.  Gold and Bitcoin Druckenmiller previously likened the age-old store of value, gold, to the contemporary digital currency. Noting the stark age difference between the two, he highlighted his own ownership of gold due to its longstanding reputation as a trusted store of value.  However, he acknowledged the growing preference for Bitcoin among younger generations, who view it as an easier and more efficient asset to manage and transact with.It's worth noting that in a previous 2020 CNBC interview, Druckenmiller had confirmed his investment in Bitcoin while still maintaining a significantly larger position in gold.  Tudor Jones still supports Bitcoin  Tudor Jones, in a recent appearance on CNBC's "Squawk Box", reaffirmed his continued support for Bitcoin despite its recent price drop.  This comes amid global concerns, such as potential Federal Reserve rate hikes and increased geopolitical tension.  Tudor Jones, known for his initial investment in Bitcoin as a hedge against inflation, previously expressed doubts about the digital currency's allure earlier this year. 

Billionaire Investor Druckenmiller: 'I Should Own Bitcoin'

In a recent fireside chat at the Robin Hood NYC 2023 with fellow billionaire Paul Tudor Jones, notable investor Stanley Druckenmiller revealed that he does not currently hold any Bitcoin. 
However, he believes that he should have the flagship cryptocurrency in his portfolio. 
Gold and Bitcoin
Druckenmiller previously likened the age-old store of value, gold, to the contemporary digital currency.
Noting the stark age difference between the two, he highlighted his own ownership of gold due to its longstanding reputation as a trusted store of value. 
However, he acknowledged the growing preference for Bitcoin among younger generations, who view it as an easier and more efficient asset to manage and transact with.It's worth noting that in a previous 2020 CNBC interview, Druckenmiller had confirmed his investment in Bitcoin while still maintaining a significantly larger position in gold. 
Tudor Jones still supports Bitcoin 
Tudor Jones, in a recent appearance on CNBC's "Squawk Box", reaffirmed his continued support for Bitcoin despite its recent price drop. 
This comes amid global concerns, such as potential Federal Reserve rate hikes and increased geopolitical tension. 
Tudor Jones, known for his initial investment in Bitcoin as a hedge against inflation, previously expressed doubts about the digital currency's allure earlier this year. 
Bitcoin Finally Enters Bullish Phase Based on This IndicatorThe Bitcoin monthly MACD (moving average convergence divergence) has crossed the zero line, signaling a potential entry into a bullish phase, according to recent analysis by prominent cryptocurrency trader Dave the Wave.  This movement has grabbed the attention of investors, enthusiasts, and analysts as the world's premier cryptocurrency, Bitcoin, stands at the cusp of a potential price rally. A reliable indicator of price moves?  The MACD is a trend-following momentum indicator that showcases the relationship between two moving averages of an asset's price, typically the 12-day and 26-day exponential moving averages.  When the MACD moves above the zero line, it is generally interpreted as a bullish sign, suggesting that the asset's price might see an upward trajectory in the near future.  The recent chart depicts that Bitcoin's MACD has now shifted above this crucial threshold.  Such a move has historically preceded price rallies and is viewed as a positive sign by many technical analysts. Recent bullish predictions  Recently, global asset management firm Bernstein expressed confidence in Bitcoin's potential price performance, projecting a surge to $150,000 by mid-2025.  Given Bitcoin's current trading price of $34,400, this would require an impressive 336% rise from its current position. The projection is grounded in the historical relationship between Bitcoin's price and its price-to-marginal cost. Past data suggests that Bitcoin's price seldom falls beneath its marginal cost, implying this metric could serve as a supportive "floor" for the cryptocurrency's value. In other optimistic forecasts, crypto services provider Matrixport posited that Bitcoin could ascend to a range of $42,000 to $56,000 if BlackRock's ETF gets the green light. This prediction hinges on potential capital inflows nearing $24 billion.  Furthermore, banking giant Standard Chartered revised its end-2024 forecast for Bitcoin to $120,000, up from its earlier prediction of $100,000, highlighting increasing confidence in the crypto market's resilience and potential.

Bitcoin Finally Enters Bullish Phase Based on This Indicator

The Bitcoin monthly MACD (moving average convergence divergence) has crossed the zero line, signaling a potential entry into a bullish phase, according to recent analysis by prominent cryptocurrency trader Dave the Wave. 

This movement has grabbed the attention of investors, enthusiasts, and analysts as the world's premier cryptocurrency, Bitcoin, stands at the cusp of a potential price rally.
A reliable indicator of price moves? 
The MACD is a trend-following momentum indicator that showcases the relationship between two moving averages of an asset's price, typically the 12-day and 26-day exponential moving averages. 
When the MACD moves above the zero line, it is generally interpreted as a bullish sign, suggesting that the asset's price might see an upward trajectory in the near future. 
The recent chart depicts that Bitcoin's MACD has now shifted above this crucial threshold. 
Such a move has historically preceded price rallies and is viewed as a positive sign by many technical analysts.
Recent bullish predictions 
Recently, global asset management firm Bernstein expressed confidence in Bitcoin's potential price performance, projecting a surge to $150,000 by mid-2025. 
Given Bitcoin's current trading price of $34,400, this would require an impressive 336% rise from its current position. The projection is grounded in the historical relationship between Bitcoin's price and its price-to-marginal cost. Past data suggests that Bitcoin's price seldom falls beneath its marginal cost, implying this metric could serve as a supportive "floor" for the cryptocurrency's value.
In other optimistic forecasts, crypto services provider Matrixport posited that Bitcoin could ascend to a range of $42,000 to $56,000 if BlackRock's ETF gets the green light. This prediction hinges on potential capital inflows nearing $24 billion. 
Furthermore, banking giant Standard Chartered revised its end-2024 forecast for Bitcoin to $120,000, up from its earlier prediction of $100,000, highlighting increasing confidence in the crypto market's resilience and potential.
Bitcoin (BTC) Enters Crucial Phase Tomorrow, Analyst PlanB SaysReminder: October closing price tomorrow is the start of the [halving minus 6 months - halving plus 18 months]-period that historically outperforms buy&hold. And that is the essence of the S2F model: that scarcity and thus halvings drive price. This estimation is set to yet again prove the accuracy of the "Stock-to-Flow" price theory. Per this narrative, Bitcoin's (BTC) price growth in the long term has been catalyzed by its surging scarcity as an asset. In turn, growing scarcity is rooted in periodic halving events that reduce the issuance of Bitcoins (BTC) by 50% every four years. As covered by U.Today previously, the previous Btcoin (BTC) halving happened in May 2020, amid a general recession of the markets. However, 18 months after that (in November 2021), Bitcoin (BTC) logged its historic high over $69,000.Some major crypto influencers are also certain of the effects of Bitcoin (BTC) halvings for crypto markets. For instance, Binance CEO Changpeng "CZ" Zhao recalled that "people were always asking why" after Bitcoin (BTC) printed yet another ATH after halvings. The next Bitcoin (BTC) halving is set to happen on April 24, 2024. Rewards for all Bitcoin (BTC) miners will be reduced to 3.125 Bitcoins (BTC) per block. Will 2024 Bitcoin (BTC) halving be different? As a result, we will be able to check whether the forecast by PlanB is correct in October 2025. Some of his followers are guessing whether the next rally will be different for Bitcoin (BTC). For instance, this time, Bitcoin (BTC) issuance only loses 3.125 BTC/block, which has a lower monetary effect than previously. However, PlanB opines that even on the BTC/XAU chart that shows a correlation between the Bitcoin (BTC) and gold prices, the correlation will look the same. At the same time, he recommended to evaluate the Bitcoin (BTC) market with a correlation of indicators, including technical analysis, on-chain processes and so on.

Bitcoin (BTC) Enters Crucial Phase Tomorrow, Analyst PlanB Says

Reminder: October closing price tomorrow is the start of the [halving minus 6 months - halving plus 18 months]-period that historically outperforms buy&hold. And that is the essence of the S2F model: that scarcity and thus halvings drive price.
This estimation is set to yet again prove the accuracy of the "Stock-to-Flow" price theory. Per this narrative, Bitcoin's (BTC) price growth in the long term has been catalyzed by its surging scarcity as an asset. In turn, growing scarcity is rooted in periodic halving events that reduce the issuance of Bitcoins (BTC) by 50% every four years.
As covered by U.Today previously, the previous Btcoin (BTC) halving happened in May 2020, amid a general recession of the markets. However, 18 months after that (in November 2021), Bitcoin (BTC) logged its historic high over $69,000.Some major crypto influencers are also certain of the effects of Bitcoin (BTC) halvings for crypto markets. For instance, Binance CEO Changpeng "CZ" Zhao recalled that "people were always asking why" after Bitcoin (BTC) printed yet another ATH after halvings.
The next Bitcoin (BTC) halving is set to happen on April 24, 2024. Rewards for all Bitcoin (BTC) miners will be reduced to 3.125 Bitcoins (BTC) per block.
Will 2024 Bitcoin (BTC) halving be different?
As a result, we will be able to check whether the forecast by PlanB is correct in October 2025.
Some of his followers are guessing whether the next rally will be different for Bitcoin (BTC). For instance, this time, Bitcoin (BTC) issuance only loses 3.125 BTC/block, which has a lower monetary effect than previously.
However, PlanB opines that even on the BTC/XAU chart that shows a correlation between the Bitcoin (BTC) and gold prices, the correlation will look the same.
At the same time, he recommended to evaluate the Bitcoin (BTC) market with a correlation of indicators, including technical analysis, on-chain processes and so on.
November Identified as Key Bitcoin Accumulation Period Before April 2024 HalvingAccording to CryptoPotato, pseudonymous crypto analyst PlanB has highlighted November as a crucial accumulation period for Bitcoin before the April 2024 halving. He emphasized that the six months leading up to and 18 months post-halving are significant for market dynamics, with scarcity resulting from each halving driving Bitcoin's price. Past Bitcoin halvings have typically been followed by price surges, with BTC reaching its peak around 18 months post-halving. Currently, Bitcoin's price is consolidating around $34,300, influenced by spot ETF news. PlanB stated that the six months prior to the halving and the year-and-a-half period after the halving are crucial windows of opportunity for buyers and sellers. This means that the effects of the halvings will not be seen until late 2025. The analyst added that the essence of the S2F model is that scarcity drives price and each halving is an important event that sees a major reduction in the issuance of BTC, making the asset scarcer. The latest BTC halving took place in May 2020, and 18 months later, in November 2021, BTC peaked at approximately $69k. According to PlanB, this has been the pattern through the years and not just random speculation. Other important figures in the cryptocurrency space, such as Binance's CEO Changpeng Zhao (CZ), also believe the halving will have a significant effect on BTC's price. Bitcoin is currently trading at $34,300, heavily consolidated in the ranges between $32k and $34k, with the price increase led by rumors and news surrounding the spot ETF hype. It remains to be seen if the price will break out above $34k or consolidate for a longer period in November.

November Identified as Key Bitcoin Accumulation Period Before April 2024 Halving

According to CryptoPotato, pseudonymous crypto analyst PlanB has highlighted November as a crucial accumulation period for Bitcoin before the April 2024 halving. He emphasized that the six months leading up to and 18 months post-halving are significant for market dynamics, with scarcity resulting from each halving driving Bitcoin's price. Past Bitcoin halvings have typically been followed by price surges, with BTC reaching its peak around 18 months post-halving. Currently, Bitcoin's price is consolidating around $34,300, influenced by spot ETF news.
PlanB stated that the six months prior to the halving and the year-and-a-half period after the halving are crucial windows of opportunity for buyers and sellers. This means that the effects of the halvings will not be seen until late 2025. The analyst added that the essence of the S2F model is that scarcity drives price and each halving is an important event that sees a major reduction in the issuance of BTC, making the asset scarcer.
The latest BTC halving took place in May 2020, and 18 months later, in November 2021, BTC peaked at approximately $69k. According to PlanB, this has been the pattern through the years and not just random speculation. Other important figures in the cryptocurrency space, such as Binance's CEO Changpeng Zhao (CZ), also believe the halving will have a significant effect on BTC's price. Bitcoin is currently trading at $34,300, heavily consolidated in the ranges between $32k and $34k, with the price increase led by rumors and news surrounding the spot ETF hype. It remains to be seen if the price will break out above $34k or consolidate for a longer period in November.
The post "UK's FCA Warns Investors to Avoid Dealing With Bitfinex"The UK's Financial Conduct Authority (FCA) has issued a stern warning to resident investors against the Bitfinex exchange, stating the firm is a non-compliant entity and should be avoided. In a recent development, the United Kingdom financial watchdog, the FCA has released a statement classifying Bitfinex as an unauthorized exchange targeting UK investors. In the statement, the regulator said, "Firms and individuals cannot promote financial services in the UK without the necessary authorization or approval" adding that "This firm is not authorized by us and may be targeting people in the UK." The FCA issued the warning to investors stressing that they would have no access to the Financial Ombudsman Service in case of any complaint if they continued engaging with the exchange. In addition, investors will not be protected by the Financial Services Compensation Scheme (FSCS) in case things go wrong. Bitfinex expresses disappointment Meanwhile, Bitfinex has issued a statement expressing its disappointment in the Financial Conduct Authority. Bitfinex said in the statement that it is "very disappointed by the action taken by the FCA" adding that it had previously engaged in elaborate discussions with the financial watchdog and had also taken actions to try and meet up with the FCA’s requirements. Some of the actions it took included sending a notice to all its customers with the details of all measures taken to meet the FCA’s requirements. Additionally, Bitfinex also blocked access to some of its website pages to people in the UK. Some of the blocked pages included Bitfinex Affiliates pages, Staking pages, Credit / Debit Cards, Lending Pro, Bitfinex Borrow, various ‘How to buy’ pages, and the Mobile App information page. Bitfinex continued by pointing out that it has a track record of working with global regulatory authorities and law enforcement agencies to ensure the protection of investors and combat crime and scams. Ultimately, Bitfinex expressed its disappointment that the UK's FCA had not acknowledged all the efforts it has put in to stay compliant.

The post "UK's FCA Warns Investors to Avoid Dealing With Bitfinex"

The UK's Financial Conduct Authority (FCA) has issued a stern warning to resident investors against the Bitfinex exchange, stating the firm is a non-compliant entity and should be avoided.
In a recent development, the United Kingdom financial watchdog, the FCA has released a statement classifying Bitfinex as an unauthorized exchange targeting UK investors.
In the statement, the regulator said,
"Firms and individuals cannot promote financial services in the UK without the necessary authorization or approval" adding that "This firm is not authorized by us and may be targeting people in the UK."
The FCA issued the warning to investors stressing that they would have no access to the Financial Ombudsman Service in case of any complaint if they continued engaging with the exchange. In addition, investors will not be protected by the Financial Services Compensation Scheme (FSCS) in case things go wrong.
Bitfinex expresses disappointment
Meanwhile, Bitfinex has issued a statement expressing its disappointment in the Financial Conduct Authority. Bitfinex said in the statement that it is "very disappointed by the action taken by the FCA" adding that it had previously engaged in elaborate discussions with the financial watchdog and had also taken actions to try and meet up with the FCA’s requirements.
Some of the actions it took included sending a notice to all its customers with the details of all measures taken to meet the FCA’s requirements. Additionally, Bitfinex also blocked access to some of its website pages to people in the UK.
Some of the blocked pages included Bitfinex Affiliates pages, Staking pages, Credit / Debit Cards, Lending Pro, Bitfinex Borrow, various ‘How to buy’ pages, and the Mobile App information page.
Bitfinex continued by pointing out that it has a track record of working with global regulatory authorities and law enforcement agencies to ensure the protection of investors and combat crime and scams.
Ultimately, Bitfinex expressed its disappointment that the UK's FCA had not acknowledged all the efforts it has put in to stay compliant.
Twitter User Sells PEPE Tokens Twitter User Sells PEPE Tokens for $2.19 Million, Buys RLB Tokens for $2.22 Million 2023 According to Foresight News, Twitter user 9x9x9 sold 1.89 trillion PEPE tokens for 1,233 ETH, approximately $2.19 million, on October 28. Within five days, the user earned 381 ETH, about $746,000. Later, on October 30, the user spent 1,230 ETH, around $2.22 million, to purchase 112.8 million RLB tokens at a price of $0.197 per token.

Twitter User Sells PEPE Tokens

Twitter User Sells PEPE Tokens for $2.19 Million, Buys RLB Tokens for $2.22 Million 2023
According to Foresight News, Twitter user 9x9x9 sold 1.89 trillion PEPE tokens for 1,233 ETH, approximately $2.19 million, on October 28. Within five days, the user earned 381 ETH, about $746,000. Later, on October 30, the user spent 1,230 ETH, around $2.22 million, to purchase 112.8 million RLB tokens at a price of $0.197 per token.
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