#BinanceSquareFamily #BinanceSquareFamily
**Binance Aids Indian ED in Busting $47.6 Million Fiewin Scam**
Binance and Indiaâs Enforcement Directorate (ED) have uncovered a $47.6 million fraud linked to Fiewin, an online gaming platform. Fiewin was promoted as a way to earn money, but it scammed players out of nearly $47.6 million. Four people have been arrested.
The scam involved using digital wallets linked to crypto exchanges to launder money. Binance played a key role in the investigation, with its Financial Intelligence Unit (FIU) providing crucial information to track the stolen funds and reveal the fraud network.
Binanceâs team helped trace the laundered money through crypto wallets, assisting the ED in exposing the network behind the scam. An ED spokesperson highlighted how partnerships between public and private sectors are vital for tackling complex financial crimes. Binanceâs investigation team worked closely with law enforcement to analyze and support the investigation.
Fiewinâs platform allowed users to make quick money through mini-games, and they could easily âtop upâ their in-app balance using various payment methods. However, the app reportedly stopped letting users withdraw funds if their balance got too large.
The joint investigation led to the arrest of fraudsters connected to the Fiewin game managers, who were using privacy-focused communication tools. Both Binance and the ED are continuing their efforts to identify everyone involved in the scam.
Ferdinando D., a Binance Investigation Specialist, emphasized that this case shows the importance of collaboration between public institutions like the ED and private companies like Binance to combat new digital threats.#Write2Earn! #BinanceSquareFamily #writetowin
đ Crypto News Flash! đ
- **Solana Soars**: Despite bearish concerns, Solana (SOL) has breached $132, now trading at $148. With over 75 million active addresses, SOL is showing bullish signs. Could it hit $200 soon? đ§
- **Rabooâs RABT Surges**: Rabooâs RABT has skyrocketed 90% in its presale, raising over $2.5M. This Social-Fi meme coin, backed by AI, is forecasted to gain 233% before the presale ends. Analysts predict a 10,000% surge upon launch!
đŹ What are your thoughts on Solana's potential and Raboo's rise? Comment below!
#Crypto #Solana #Raboo #Blockchain #MarketTrends #CryptoNews
đ Crypto News Flash! đ
The crypto bulls are charging, but Polygon (POL) and BNB are lagging behind. Polygon's rebranding hasn't stopped its price from plummeting to $0.40, far from its $3.00 ATH. BNB remains stable but stagnant, unable to break the $610 mark.
Enter Raboo (RABT), the new AI-powered memecoin that's catching everyone's eye. With AI-driven viral content, token burns, and staking rewards, Raboo is poised for massive growth. Currently in presale at $0.0057, it could be the next big thing!
đŹ What do you think? Share your thoughts below!
đ Crypto enthusiasts, exciting times ahead! Bitgert (BRISE), Floki Inu, and PAAL are making waves in the market and attracting investors' attention. Hereâs why these coins are shining:
**Bitgert (BRISE)**
- Rapid growth through strategic partnerships and ecosystem expansion.
- New decentralized exchange (DEX) for seamless, low-cost transactions.
- Integration with major blockchains and DeFi projects.
**Floki Inu**
- Listed on major exchanges like Binance and KuCoin.
- Building schools in developing countries, boosting its global appeal.
- Valhallaâs Play-to-Earn Metaverse gaining traction.
**PAAL AI**
- Merging blockchain with AI for smart contract audits and token management.
- Launching AI-powered trading bots for real-time trading.
- Offering staking options for passive income.
đŹ What do you think about these promising cryptos? Share your thoughts in the comments!
đ Societe Generale Teams Up with Bitpanda for Euro Stablecoin! đ
- Global banking giant Societe Generale partners with Austrian crypto broker Bitpanda to boost access to their euro-denominated stablecoin, EUR CoinVertible (EURCV).
- This move aligns with the upcoming Markets in Crypto-Assets (MiCA) bill, aiming to bring more transparency and protection to the crypto industry.
- European investors can now buy, sell, and hold EURCV on Bitpanda's platform.
- Jean-Marc Stenger, CEO of SG-FORGE, and Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, emphasize the importance of regulated stablecoins in bridging traditional finance and digital assets.
đŹ What do you think about this partnership? Share your thoughts in the comments!
đ **Crypto News Flash: Top Layer-1 Coins to Watch in 2024!** đ
**Bitgert (BRISE):** With gas fees as low as $0.00000001 per transaction and speeds of 100K+ tps, Bitgert is revolutionizing scalability. Its cross-chain bridges and DeFi, NFT, and Metaverse integrations make it a strong contender for 2024. đ
**Immutable (IMX):** A pioneer in blockchain gaming and NFTs, Immutable offers low-cost transactions and robust support for developers. Its zk-rollups enhance Ethereum's scalability and security, positioning it as a leader in the gaming sector.
**SEI Network:** Built for high-frequency trading and DeFi, SEI boasts over 7 million unique wallets and 400 million transactions. Its "Twin Turbo Consensus" promises faster finality and lower costs, making it a hot pick for traders.
đŹ Share your thoughts in the comments! Which coin are you most excited about?
đ Ethereum eyes a breakout! đ
A bullish pennant is forming, signaling Ethereum could surge past the $3,000 mark. This technical pattern has investors anticipating a major breakout, with $ETH currently trading around $2,620. Keep an eye out for this key move, as market sentiment stays strong.
Source: The Crypto Basic
$BTC , $SOL , $NEIRO , #ETH and #SHIBŰ Shows positive momentum here .. Again Started upward momentum ..
In today's trading session, notable cryptocurrencies have exhibited significant market movements, capturing the attention of investors and traders alike. Among them, Bitcoin (BTC) has seen a modest increase, climbing 0.92% to a commanding price of $63,826. This uptick is indicative of steady investor confidence, making BTC a continued staple in any robust investment portfolio.
Ethereum (ETH), another heavyweight in the digital currency arena, has risen by 0.44%, reaching $2,624.99. This growth, although slight, signals a stable appreciation, hinting at Ethereum's enduring appeal amidst evolving market dynamics. In the altcoin domain, Shiba Inu (SHIB) and Solana (SOL) have also shown promising increases of 4.57% and 3.53%, respectively, with SHIB trading at an intriguing micro-value of $0.00001532, and SOL at $151.10, reflecting a robust interest in diverse crypto assets.
Furthermore, a rising star in the session is Neiro (NEIRO), which surged by 6.57% to $0.00123078. This jump might be small in absolute terms but is substantial relative to its price, suggesting a growing investor interest that could be leveraged for high-risk, high-reward strategies in the coming days. This eclectic mix of traditional giants and emerging tokens offers a compelling narrative for both conservative and speculative strategies in the crypto market.
#BTCâ #shiba⥠#ETHđ„đ„đ„đ„
Has Binance #LUNCâ
Burn Mechanism Revised?
Binance $LUNC burn data indicates that the crypto #exchange has likely revised its LUNC burn mechanism, increasing the number of burns monthly. According to an earlier announcement, the exchange burns #TerraLunaClassic tokens on the first of every month. However, the exchange burned the #tokens six times this month.
This has sparked speculations as Binance had earlier reduced its Terra Luna Classic spot and margin trading fees to 50% instead of 100%. It even delayed sending the Terra Luna Classic trading fee burn contribution for months. However, the exchange is burning more tokens this time.
Binance burned 1.19 billion LUNC tokens in the 25th batch of the LUNC burn mechanism, the crypto exchange burned $97,229.23 in trading fees for the period between July 31 to August 29.
In addition to the main burn, the exchange burned 199,389 LUNC tokens in five transactions until now. Some Terra Luna Classic members believe the exchange has changed the way it has burned the tokens.
#BinanceLaunchpoolHMSTR
{spot}(LUNCUSDT)
$PEPE $PEPE $PEPE
{spot}(PEPEUSDT)
đ PEPE: The Moment Is Here! đ
PEPE Coin, a top meme coin, is poised for significant growth in this economic cycle! Experts believe PEPE could increase 10 to 15 times from its current value. Hereâs why:
đ Better Economic Conditions
As the US Federal Reserve lowers interest rates, the economic shift favors riskier assets like cryptocurrencies. Lower rates often lead investors to high-volatility assets, such as Bitcoin and altcoins. This environment could boost PEPE Coin with more liquidity and positive market sentiment.
đž Why PEPE?
- **Strong Community:** PEPE has a loyal, active community constantly supporting the coinâs progress.
- **High Volatility:** Meme coins thrive in bull markets, and PEPEâs price swings make it a strong contender for fast growth.
- **Perfect Timing:** As investor confidence returns, PEPE could see major gains in the coming months.
đž Why Act Now?
With interest rate cuts on the horizon, it's a good time to consider investing. PEPE Coin may deliver big returns to those willing to embrace some risk in this promising economic climate.#Write2Earn! #writetowin #PEPEćžćŒè¶
è¶LTC #TerraformLabsBankruptcy #BTCReboundsAfterFOMC
đ Crypto enthusiasts, exciting times ahead! đ
Looking to turn small investments into big returns by 2025? Keep an eye on Tron (TRX), Ripple (XRP), and Rexas Finance (RXS). These altcoins are making waves with their unique value propositions:
- **Tron (TRX)**: Revolutionizing the entertainment industry with low-cost transactions and a growing DeFi ecosystem.
- **Ripple (XRP)**: Transforming international payments with its On-Demand Liquidity (ODL) technology, despite ongoing legal battles.
- **Rexas Finance (RXS)**: Leading in real-world asset tokenization, offering innovative solutions and a promising presale.
đŹ Share your thoughts in the comments! Which altcoin excites you the most?
$DOGS
đ„đ„đ„ DODOâS LOWER MARKET CAP AND BACKING FROM TOP INSTITUTIONS: A FORMULA FOR GREATER MARKET GROWTH?
In the highly competitive world of decentralized finance (DeFi), MARKET CAP plays a significant role in determining the growth potential of a project. DODO, with its LOWER MARKET CAP compared to some of its competitors, stands out as a project with room for exponential growth. A lower market cap typically means there is more upside potential, as the asset is less saturated and has not yet fully captured the broader marketâs attention. This provides early investors with a unique opportunity to benefit from substantial price increases if the project continues to gain traction.
Furthermore, DODO is backed by TOP-TIER INSTITUTIONS, including the likes of Pantera Capital and Binance Labs, which adds a layer of credibility and stability to the project. Institutional backing often results in greater access to capital, partnerships, and technical resources, all of which can help DODO scale more effectively than projects without such support.
Combined with its innovative features such as PROACTIVE MARKET MAKER (PMM) TECHNOLOGY and a MULTI-CHAIN TOKEN ISSUANCE PLATFORM, DODOâs potential for growth is amplified. The REWARDS system for users, including lower transaction fees and liquidity incentives, further enhances its appeal.
In comparison to competitors, DODOâs combination of a low market cap and strong institutional support could position it as a high-growth project, with significant MARKET GROWTH POTENTIAL in the DeFi space.
#DODOEmpowersMemeIssuance $DODO
@DODO_official $BTC #CATIonBinance #BinanceLaunchpoolHMSTR #NeiroOnBinance #FOMC
#BlumCrypto #BlumAirdrop #BLUM
đ„đš **Introducing Blum Coin: A Look into Its Future and Financial Outlook**
Mark your calendars! Blum Coin is set to launch on October 1, 2024, and it's expected to make waves in the crypto world. Here's a quick rundown of what to expect:
1. **Launch Info and Starting Price**
- **Launch Date:** October 1, 2024
- **Starting Price:** $2.10 per token
- **Market Buzz:** The active trading season in October could lead to a strong start for Blum Coin.
2. **Telegram Integration and User Base**
- **Reach:** Blum Coin is targeting Telegramâs huge community of over 28 million users.
- **Key Features:** Its connection with Telegram will allow for easy transactions and could boost its adoption quickly.
3. **Exchange Listings**
- **Current Status:** Exchange listings are not confirmed yet, but announcements are expected soon.
- **Future Plans:** Blum Coin is aiming to start with smaller platforms, with hopes of getting listed on big exchanges like Binance and Coinbase later on.
4. **Risks and Market Changes**
- **Price Swings:** Like many new tokens, Blum Coin could see big ups and downs in its price.
- **Liquidity Issues:** There may be challenges with trading volume, which could affect how smoothly and consistently the token trades.
- **Regulatory Concerns:** Increasing government focus on cryptocurrencies could add some risks.
5. **Investment Potential**
Blum Coinâs easy integration with Telegram and its cutting-edge tech make it a high-potential investment. However, as with any crypto, prices can be unpredictable, so it's important to stay informed and diversify your investments.
6. **Stay Updated**
Follow Blum Coinâs official channels to keep up with the latest news as the launch date approaches.
As Blum Coin gets ready to enter the market, all eyes are on whether it can meet the high expectations. Stay tuned to see what the future holds!#Write2Earn! #writetowin
We're excited to announce we've partnered with @blocksizecap, a leading oracle node operator delivering highly reliable crypto data.
BLOCKSIZE plays a key role in blockchain ecosystems, supporting DeFi protocols with its robust infrastructure. By providing volume-weighted average prices from both centralized and decentralized exchanges, BLOCKSIZE ensures accurate and timely price feeds across hundreds of trading pairs.
As one of the high-quality providers powering API3âs data feeds, this integration guarantees precise, up-to-date asset valuation, crucial for our verifiable, multi-source price feeds.