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Bitcoin Industry

Channel address: @bitcoin_industry
Categories: Cryptocurrencies
Language: English
Subscribers: 519.29K
Description from channel

☄️ Publishing news from the crypto industry faster than anyone else ☄️
Promotion offers: @miaMybtc

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The latest Messages 36

2022-12-08 15:00:07
Join The Festivities And Win With Duelbits $500К Christmas Giveaway

To get into the festive season, Duelbits is giving you the opportunity to win a share of their $500К cash prizes. The giveaway starts on December 1st and ends on the day after Christmas. Duelbits’ users can win the following:

Daily Rewards
Each day until Christmas, there will be a present that needs to be opened. Inside, you can find Free Spins or a challenge to complete for a reward.

Prize Draw
For every $100 you wager on the site, you get one entry to the prize draw. A total of 203 winners will share the $200,000 Prize Pool, as follows:

- 1x $100,000
- 1x $50,000
- 1x $30,000
- 200x $100

Ornamental Hunt
Duelbits will hide a special Christmas ornament on a specific page every day. One lucky winner will get $500 cash every day. The ornament can be hidden anywhere on the slot, live game, or sportsbook market page. Follow Duelbits’ Twitter account for daily clues and find the ornament hidden on the site.

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37.1K views12:00
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2022-12-05 20:00:10 ​​Audit firm Mazars to verify KuCoin’s proof of reserves.

Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.

Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of its proof of reserves (PoR).

According to an announcement on Dec. 5, the verification will provide the exchange customers additional transparency and reporting on whether their in-scope assets are collateralized, along with details on main, trade, margin, robot and contract accounts for Bitcoin (BTC) and Ether (ETH), as well as for the stablecoins Tether and USD Coin.

The report should be available on KuCoin’s official website within a few weeks. CEO of KuCoin Johnny Lyu said the move is the next step in the exchange efforts to provide transparency on users’ funds. Wiehann Olivier, partner at Kucoin, also noted:

“After recent events, there is a dire need in the industry for additional transparency, and we are confident that Mazars’ PoR service offering to KuCoin and other international cryptocurrency exchanges will aid in building trust through transparency.”

As reported by Cointelegraph, Mazars was also appointed as an official auditor to conduct “third party financial verification” in Binance’s PoR on Nov. 30. Binance’s publicly shared Bitcoin information is already being reviewed.

Headquartered in Paris, the international accounting firm previously worked for former United States President Donald Trump’s company. According to reports, the firm cut ties with Trump and his family in 2022.

KuCoin and Binance are among the six crypto firms requested to provide information on consumer protection by the United States Senator Ron Wyden by Dec. 12.

Wyden requested Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin information on subsidiary companies, safeguards of consumer assets, use of customer data, and guards against market manipulation. The senator argued that crypto users with funds in FTX had “no such protections” as those offered by banks or registered brokers under the Federal Deposit Insurance Corporation or Securities Investor Protection Corporation.
83.2K views17:00
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2022-12-04 15:00:06 hello everyone, we can confirm that this room https://t.me/+i2st-9OBli4wNGRk works before telling you this we tried it for a month, we spent €299 to enter, the price includes: basic crypto course, academy to become a trader, assistance, video guides. we wanted to try an Italian signal room and we found the biggest one, it absolutely deserves a sponsor here
33.5K views12:00
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2022-12-02 20:00:07XRP Price Prediction as $900 Million Trading Volume Comes In – XRP to the Moon?

XRP, the Ripple payment ecosystem’s native cryptocurrency, was last trading lower by about 1.8% on Friday in the run-up to the release of US jobs data, which analysts have said could cause volatility in cryptocurrency markets should it impact expectations for how much further the US Federal Reserve is going to lift interest rates. XRP/USD was last changing hands close to $0.39 per token and almost bang on its 200-Day Moving Average (DMA). Meanwhile, prices have been able to hold comfortably above the 21DMA in the low $0.38s.

XRP Price Prediction – Quick Jump to $0.50 Likely?
XRP price predictions have been getting more bullish in recent weeks as the cryptocurrency has recovered from its post-FTX collapse lows. Ripple’s native token was last trading up nearly 24% versus these lows around the $0.32 mark. In the last few weeks, XRP has been in an uptrend and seems to have formed an ascending triangle. The ceiling of this triangle is for now the support-turned-resistance around $0.42.

Ascending triangles are typically viewed as a bullish price pattern. XRP/USD bulls will thus be hoping that, in the coming days, XRP can rally back to rest the $0.42 resistance area. A break above here could trigger a quick push above $0.50 and towards the next key area of resistance around $0.51. Whether XRP can surge to the moon will depend on more than just technicals, however.

Ripple may be able to force the SEC to settle its ongoing lawsuit against the firm, by essentially proving that the US regulatory agency had treated the project unfairly compared to other crypto projects like Ethereum. A big legal victory for Ripple could result in a huge cloud of uncertainty being removed for XRP and could lead to a big jump.
23.2K views17:00
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2022-12-01 18:00:13
Join The Festivities And Win With Duelbits $500К Christmas Giveaway

To get into the festive season, Duelbits is giving you the opportunity to win a share of their $500К cash prizes. The giveaway starts on December 1st and ends on the day after Christmas. Duelbits’ users can win the following:

Daily Rewards
Each day until Christmas, there will be a present that needs to be opened. Inside, you can find Free Spins or a challenge to complete for a reward.

Prize Draw
For every $100 you wager on the site, you get one entry to the prize draw. A total of 203 winners will share the $200,000 Prize Pool, as follows:

- 1x $100,000
- 1x $50,000
- 1x $30,000
- 200x $100

Ornamental Hunt
Duelbits will hide a special Christmas ornament on a specific page every day. One lucky winner will get $500 cash every day. The ornament can be hidden anywhere on the slot, live game, or sportsbook market page. Follow Duelbits’ Twitter account for daily clues and find the ornament hidden on the site.

Get Your Reward Now
60.6K views15:00
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2022-11-29 20:00:07 ​​Line shuts down crypto exchange to focus on blockchain and LN token.

The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges.

The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter.

Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023.

According to the statement, the closure was driven by the continued cryptocurrency bear market and other issues in the crypto industry.

Despite the exchange’s closure, Line will still continue to run its other blockchain ventures, including the Line blockchain ecosystem and Link (LN) token, the announcement notes, stating:

“Despite our efforts to overcome the challenges in this rapidly-evolving industry, we have regretfully determined that we need to shut down Bitfront in order to continue growing the Line blockchain ecosystem and Link token economy.”

Bitfront also emphasized that the decision to close the exchange was made for the “best interest” of the Line ecosystem and is unrelated to the ongoing industry scandal involving the FTX exchange.

According to the announcement, Bitfront will take a gradual approach to suspend its services, stopping signups and credit card payments on Nov. 28. The platform then plans to suspend additional deposits and interest payments of LN interest products and proceed with the related LN withdrawals by mid-December.

By the end of December, Bitfront aims to stop all cryptocurrency and fiat deposits alongside trading suspension and cancellation of open orders. Total suspension of withdrawals is scheduled for March 31, 2023, while customers would still be able to claim their assets in different jurisdictions of the United States.

As previously reported by Cointelegraph, Line launched its proprietary crypto exchange in 2018 as a Singapore-based business. Originally known as BitBox, the company was rebranded to Bitfront and moved to the United States in February 2020. The exchange has been downscaling some of its operations in recent years, suspending services in South Korea in August 2021.
85.2K views17:00
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2022-11-29 18:00:15
Squaddy is a Free-to-Play, Move-to-Earn NFT mobile platform that makes it fun and rewarding to live an active lifestyle and meet new people. It is an inclusive lifestyle Web3 app with built-in Game-Fi and Social-Fi elements.

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83.0K views15:00
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2022-11-28 21:00:03 ​Remember Syntropy that we covered a few days ago?

We are glad to announce that Syntropy will be partnering with Zenlayer! A world leader in edge cloud, Zenlayer has the most distributed and hyperconnected infrastructure in the world’s fastest-growing economic regions.

Zenlayer will join Syntropy Open Bandwidth Exchange (OBX) on the supply side and bring its edge infrastructure. It will give Syntropy’s users access to instantly scalable, high-performing network services in emerging global markets across Asia, South America, the Middle East, and Africa.

Syntropy’s native NOIA token will be used as a medium of exchange on the OBX marketplace, allowing Zenlayer to tokenize its networking infrastructure. These guys are pioneering a concept of tokenized bandwidth in the Web3 industry.

Find more details on this collab:
http://bit.ly/3UfsJ35
20.9K views18:00
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2022-11-28 19:00:05| 79% APR - 1st DEX on #AirDAO Blockchain | Farm NOW on FirepotSwap @ AirDAO.io

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27.5K views16:00
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2022-11-28 15:00:09
Win Up To $100k For FREE With Duelbits World Cup Predictor

Duelbits is a crypto casino and sportsbook platform, aiming to narrow down the gap between bookmakers and casinos.

FREE Duelbits’ World Cup Predictor
Duelbits is giving you the opportunity to play for free and win up to $100,000 by entering your predictions for each match. The predictions game began on November 7th and will end December 18th.

For each match, there will be four questions that you need to answer. For every correct prediction, you will gain points. At the end of a round, if you finish in the paying places in one of our Leaderboards you will win one of the Cash Prizes! If a user finishes with the most points in a specific round, they will win the highest prize from the prize-pot. Duelbits will also offer daily odds boosts on the games and a cashback to all sports users, allowing them to earn up to 37.5% rakeback on the theoretical sportshouse edge of 1%.

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34.8K views12:00
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