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Uite ce tricou am primit de la #catizen   la #binanceblockchainweek  #binance  #tap2earn  
Joci catizen? Ești mulțumit de airdrop?
Inst, TT: PrivatekeyLab 

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The Hong Kong Monetary Authority (HKMA) has launched a three-year grant scheme for digital bonds (DBGS) to encourage the issuance of tokenized bonds, offering financial incentives of up to HK$2.5 million (approximately $321,200) for eligible issuers 📈 This initiative aims to promote blockchain technology and strengthen Hong Kong's role in the digital securities market. The scheme is part of HKMA's efforts to implement blockchain following the launch of Project Ensemble, which tests tokenized real assets. This project has already successfully trialed the purchase of digital bonds and interbank settlements 🏦 It's interesting to consider whether the Hong Kong market will catch up with the Russian market for digital financial assets (CFA)? 🤔

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Did you hear about Tornado Cash? It has faced scrutiny since being sanctioned by the U.S. Treasury in 2022 for facilitating money laundering 🏦, with claims of processing over $7 billion in illicit funds since 2019 Today it has some concerns over Tornado’s ETH Deposits A recent Global Ledger report reveals troubling findings about Tornado Cash, with over 60% of ETH deposits in 2024 coming from high-risk sources ⚠️, including accounts linked to major crypto hacks. From January 1 to November 27, $552 million 💸 in stolen cryptocurrency was laundered through Tornado Cash, which received a total of 457,768 ETH valued at about $1.64 billion 💰Alarmingly, more than 56% of these funds were connected to hacks in 2023 and 2024 🔍, a significant increase from the 314,740 ETH processed in 2023. What do you think about it? P.S. The service is believed to have processed more than $7 billion in illicit funds since 2019 👀 #TornadoCash #usa

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Court Overturns Treasury's Sanctions on Tornado Cash 😨 On November 26, the Fifth Circuit Court of Appeals ruled that the U.S. Treasury overstepped its authority by sanctioning Tornado Cash’s immutable smart contracts. The court determined these contracts are not classified as “property” and therefore cannot be blocked under the International Emergency Economic Powers Act (IEEPA). 💡 The ruling emphasized that smart contracts operate autonomously without human intervention, distinguished them from services or property. The judges referred to a “trusted setup ceremony” in May 2020, where over 1,000 participants finalized the contracts’ parameters, ensuring their immutability. ⚖️ The court rejected the Treasury’s interpretation, asserting that “Legislating is Congress’s job.” Coinbase’s Chief Legal Officer, Paul Grewal, praised the decision, stating that blocking open-source technology due to misuse is not aligned with Congressional intent. 📰 While this ruling is a victory for open-source advocates, other aspects of Tornado Cash may still face scrutiny. The initial sanctions were imposed in August 2022 for allegedly facilitating over $7 billion in illicit transactions, prompting a challenge from users, including Coinbase employees. As this legal battle unfolds, the ruling represents a significant shift in the conversation surrounding the regulation of decentralized technologies 🔗✨

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📈 Hashdex Amends S-1 Application for Crypto ETF Hashdex has amended its S-1 application for the Hashdex Nasdaq Crypto Index US exchange-traded fund (ETF) for the second time. This revised submission, filed with the SEC on November 25, follows a request for additional evaluation time. Hashdex initially filed on June 24🗓️ The NCIUS ETF aims to include only Bitcoin and Ether 💰, excluding other cryptocurrencies and related assets, with potential for future expansions. If approved, it would be the first diversified spot cryptocurrency ETF in the U.S., providing investors access to multiple digital assets in one fund📊 Other companies, like Franklin Templeton 🏦, have also submitted filings for similar ETFs. Franklin's proposal, the Franklin Crypto Index ETF, is also limited to Bitcoin and Ether, facing a delayed approval decision from the SEC until January 6, 2025, due to a lack of public comments⏳ As the industry trends toward crypto index funds following the success of Bitcoin and Ether ETFs, major entities like Grayscale and Bitwise are exploring diversified offerings 🌟 This comes amid anticipated changes in SEC leadership, as Chair Gary Gensler will resign on January 20, 2025. A new pro-crypto administration led by Donald Trump may usher in more favorable policies for the industry 🔄 Stay tuned for updates on the evolving landscape of cryptocurrency ETFs! 🚀✨

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🚨 Tether's Recent Activities 🚨 Tether, the world's largest stablecoin issuer, has minted over $3 billion in USDT in the last 24 hours! This brings their total minting to $13 billion since early November 💰 According to LookOnChain, this recent minting consisted of two transactions: $2 billion and $1 billion, both sent to the company's treasury wallet. Major minting events this month include $9 billion on November 8 and $2 billion on November 21 and 23 combined 📈 This minting surge signals positive market sentiment, as increased stablecoin demand often indicates bullish trends 📊 In other exciting news, Tether has partnered with the UAE government to launch a new dirham-pegged stablecoin, fully backed by the UAE's reserves. This initiative aims to position the UAE as a key global economic hub 🌍 Additionally, Tether has collaborated with Quantoz Payment to introduce EURQ and USDQ stablecoins 🎉 Tether's investment arm also took a bold step by funding a $45 million physical crude oil trade, facilitating the transfer of 670,000 barrels from the Middle East 🛢️ Stay tuned for more updates as Tether continues to innovate in the crypto space! 💡 #TetherUpdate #newsdaily

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