Polymarket estimates that Len Sassaman is Satoshi Nakamoto!!
Yes, it is correct!

In Polymarket Poll: Who will HBO doc identify as Satoshi?
Len Sassaman got the most votes 42%Hal Finney is at 12.6%Adam Back is at 9.3%

The #HBOdocumentary , "Money Electric: The Bitcoin Mystery," claims to identify the real creator of the leading cryptocurrency Bitcoin. The documentary will be released on October 8, thus the claim has sparked intense speculation and debate within the crypto community. The documentary has fueled discussions among the general public and top news portals.
According to Polymarket Bets, Len Sassaman, a cryptographer and privacy advocate, is the leading candidate for a chance of being Satoshi Nakamoto. Other top choices are Hal Finney, Adam Back, Nick Szabo, and Paul Le Roux.
The poll or bet is on the #Polymarket platform, the world's largest prediction market. This platform is powered by polygon technology a well-known name in the web3
Despite this speculation, many crypto experts are confident, that Satoshi's identity will not be definitively proven in 2024 or anytime soon.

If the identity is revealed the crypto market will surely react and the prices will fluctuate. This will not be only on $BTC $ETH or $BNB but the overall market will get the hit.



What's your take on this poll, do you think HBO will reveal the identity or it's just another series on Bitcoin?

#HBODocumentarySatoshiRevealed #WeAreAllSatoshi BTCUptober #cryptonews

Binance founder CZ is officially a free man after serving a four-month sentence.
But what does this mean for crypto and, most importantly, for #Binance and #BNB coin?

Will @CZ work on other projects, or will he continue supporting Binance?

Let's find out....

His imprisonment followed a U.S. Department of Justice investigation, which uncovered violations related to anti-money laundering, unlicensed money transmitting, and sanctions.

CZ pled guilty and agreed to pay $50 million with the Binance paying a massive $4 billion fine for breaking US AML laws. This is the largest corporate settlement tied to criminal charges for an executive in the United States.

CZ's sentence was considerably lighter than the three years prosecutors initially sought. However, as part of his release, CZ is permanently barred from taking any leadership or management role at Binance.

The big question now:
What’s next for CZ?
While he can no longer hold a formal position at Binance, many are speculating, if he’ll continue to impact the crypto industry in new ways. One of which can be his educational platform called Giggle Academy.

So, what does this mean for the crypto space, Binance and BNB?
1. Crypto Industry Impact:
CZ’s legal troubles are highlighted in the regulatory aspect of cryptocurrency. His release and the fines paid by Binance mark a turning point in how exchanges operate globally. We can expect more compliance from major platforms as they seek to avoid similar situations.
2. Future of Binance BNB Coin & Binance:
The native token of Binance, $BNB has been pumping since the news came out. While Binance’s regulatory challenges and bear market trends have caused price fluctuations, CZ’s release has renewed interest in the token among BNB hodlers.

However, given that he can no longer be directly involved in Binance’s operations, the future of Binance and BNB will depend on the company’s leadership and ecosystem support.

While CZ will not manage or operate Binance, his influence on the crypto space will play an important role.

Will he build something new, or focus on other opportunities within the blockchain ecosystem?

What do you think CZ’s next move will be?

#CryptoNews #GiggleAcademy #CryptoLeadership

Cryptocurrency is a digital currency. Many countries and banks now consider it an asset or VDA "Virtual Digital Asset".

Here are the 5 latest developments:

1. Hong Kong's ZA Bank gets approval to offer virtual asset trading. Now customers of ZA Bank will be able to trade cryptocurrencies.

2. Japan is set to begin a review of its cryptocurrency rules. There is a high possibility of lower taxes on digital assets and potentially making the way for domestic funds to invest in crypto.

3. China's former finance minister, Zhu Guangyao, says #crypto is a crucial part of the digital economy. He urges Beijing to focus more on the crypto markets and their role in the future.

4. Bitcoin balance on exchanges hits a 5-year low. Investors are transferring their Bitcoin from exchanges and HOLDLING it in their Cold Wallets.

5. $BTC Bitcoin and $ETH Ethereum ETFs hit multi week highs. $1.11B inflows for #Bitcoin ETFs and $84.6M for #Ethereum ETFs, biggest in weeks.

#web3 #VDA #investing

The FTX collapse was bad... but it’s about to get worse. Creditors are being left with scraps.
Let's break down the brutal truth behind the numbers.

The collapse of FTX left a massive dent in the crypto space, wiping out over $2 billion in customer value. Now, creditors are set to receive just 10-25% of their funds back.

So why are people outraged?
The reimbursements will be based on crypto prices at the time of the bankruptcy filing.
This means $BTC BTC holders, for example, will get reimbursed at $16K per #BTC —not today’s prices. The same is the case for cryptocurrencies like $ETH , $SOL , others.
This move sparked frustration among creditors. Many users lost their life savings and went through mental distress. And sadly, it’s not just about the money—it’s about broken trust in the crypto space.

On Sept. 6, 2024, #FTX managed to secure $600 million worth of Robinhood shares to pay off creditors. But with so many hurdles, it’s clear this issue is far from over.
US SEC might also object to FTX's plan to reimburse creditors with #stablecoins. All these issues are growing a sense of injustice among users. Many users wondering why the legal system isn’t offering better protection for investors.
The lesson from the FTX case?
Trust and transparency are everything in the financial system, including crypto. When you’re investing in crypto, make sure you're aware of the risks involved.
Additionally, keep your crypto safe and diversify these crypto funds in different #exchanges and #wallets.  

#Bankruptcy #Bitcoin #CryptoNews #PersonalFinance #Web3