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2022-10-01 05:28:02 25% of Ethereum Blocks Comply With US Sanctions and Can Censor Transactions

A number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and can censor certain transactions.

OFAC is the Office of Foreign Assets Control, a division of the United States Treasury Department that manages and imposes sanctions. The department has made headlines in the crypto market before, largely because it sanctioned Tornado Cash and addresses associated with it. As described on the website, “MEV-boost is a service that Ethereum PoS Validators have the option to run to outsource their block production duties to the highest bidder.”.

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2022-09-30 16:09:11 Set a reminder

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October 1st | 11:00 UTC

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2nd — 50$
3rd — 30$

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Little hint: refresh your knowledge on DeFi and read our Lightpaper!

The Trade is the tollkit with solutions for expanding Uniswap v3 features through automated limit orders that uses huge liquidity from Uniswap v3.

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2022-09-30 05:14:03 Terra Spokesman Argues ‘Luna Classic has Never Been a Security’ Amid Legal Trouble

Terraform Labs suggested that South Korean prosecutors may be ‘overreaching their authority’ arguing that Luna Classic isn’t legally a security in a recent exchange with The Wall Street Journal. Soon after Terra chief Do Kwon denied ducking Interpol ‘Red Notice,’ a company spokesperson accused the case of being ‘highly politicized.’

Terra co-founder Daniel Shin has been wrapped in as one of the key witnesses at South Korea’s National Assembly. With that, Ji-Yun of Terra’s blockchain validator DSRV Labs has also been roped in as a witness as the stablecoin collapse is likely to take center stage in this year’s audit. The firm’s spokesman said, “Do Kwon’s location has been a private matter for months due to ongoing physical security risks to him and his family,” highlighting attempted break-ins at his premises.

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2022-09-29 15:28:02 1 MORE DAY TO @AffynOfficial BIG UNVEILS!!! This is one of the most severely undervalued projects that I believe will become the Number 1 blockchain Metaverse in the entire industry.

Register for the ALPHA event!:
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2022-09-29 05:08:02 Coinbase Cloud, Chainlink Launch Price Oracles for NFT Floor Pricing

Coinbase will introduce NFT floor pricing feeds via its Cloud service, allowing developers to access real-time NFT prices to create new DeFi applications like NFT lending markets and NFT indexes. The feature was developed with Chainlink Labs, the development team behind the Chainlink oracle solution.

NFT floor prices represent the lowest purchase price for an NFT within a collection. Having visibility on this data allows developers to provide some price security behind applications like NFT lending markets, since they will know exactly how much the collateral will be worth. This can help avoid the fate of some NFT lending services that have suffered at crypto prices swinging wildly in recent months, while facing collapsing NFT prices.

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2022-09-28 06:18:02 Polygon (MATIC) Price Breaks out With Announcement of Accelerator Program

Polygon (MATIC) initiated an upward movement on Monday, shortly after announcing a partnership and a new workshop. Polygon announced that it had teamed up with Alpha Venture DAO and Icetea Labs in order to launch an accelerator program for blockchain startups. The program aims to funnel resources, mentorship education.

On top of this, Polygon also announced the beginning of Polygon Bootcamp Africa, a two-month education course that aims to put Africa on the world’s web3 map. Shortly after the announcement, the MATIC price began an upward movement that is still ongoing. When looking at the upward movement since June 18, it is clear that MATIC has completed a five-wave upward movement. This increase led to the $1.05 high on Aug. 14.

Source

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2022-09-27 05:43:02 SEC Is ‘Out to Damage or Destroy’ Crypto Industry in America: LBRY CEO

LBRY CEO Jeremy Kauffman called out the Securities and Exchange Commission at Messari’s Mainnet conference in New York this week, as the decentralized file-sharing network continues to navigate legal action from the regulator. The SEC charged LBRY with selling unregistered securities in March of last year.

The Commission took issue with the $11 million in funding raised through the sale of LBRY Credits, tokens that are now used to upload files and make payments on the blockchain-based platform but were offered for sale before the network was built. Kauffman said the company has been “fighting the SEC for coming up on five years" and soon expects a federal judge to weigh in with a ruling on whether a full trial is necessary.

Source

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2022-09-26 10:20:06 Bitcoin Is ‘100 Times Better Than Gold,’ Michael Saylor Says

Bitcoin and gold are both valuable assets that can be used to protect against inflation; nevertheless, there are important differences between the two in terms of their history, accessibility, and other sources of demand. Gold, undoubtedly, has a lengthy history and solid basis, while Bitcoin has barely more than a decade of existence to prove its worth as an inflation hedge.

Despite the fact that BTC has lost over 73% of its value since its all-time high in 2021, crypto bull and MicroStrategy co-founder and CEO Michael Saylor is unfazed. Not only does he think the digital coin will regain its former glory, but he also thinks the cryptocurrency has a lot of room to grow beyond its current high point. MicroStrategy has been buying the dip. With 130,000 BTCs in its vault, it is sitting on nearly $4 billion of the crypto.

Source

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2022-09-25 05:24:02 Lawyers for Celsius investors file motion to have interests represented in court

The legal team requested the court appoint a committee representing certain shareholders or the case could end up "inappropriately and inequitably skewed in favor of the customers.". An international law firm representing groups of Celsius investors has filed a motion to appoint a committee.

In a Thursday filing with the U.S. Bankruptcy Court in the Southern District of New York, lawyers with the law firm Milbank requested the appointment of an "Official Preferred Equity Committee" to represent certain Celsius shareholders. According to the filing, the equity holders “urgently require their own fiduciary” for representation in court alongside Celsius debtors and an Unsecured Creditors Committee, or UCC. The shareholders included investors in Celsius’ Series B $750-million funding round from November 2021.

Source

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2022-09-24 05:56:02 United Kingdom Introduces Bill to Make Crypto Seizures ‘Easier and Quicker’

The Economic Crime and Corporate Transparency Bill was introduced in the United Kingdom’s parliament yesterday to extend police powers over cryptocurrencies in order to counteract cyber crime, money laundering, and “foreign kleptocrats.”. While not specifically targeting crypto, the bill would make it “easier and quicker” for law enforcement agencies.

Director General of the National Crime Agency Graeme Biggar said in a statement: “Domestic and international criminals have for years laundered the proceeds of their crime and corruption by abusing UK company structures, and are increasingly using cryptocurrencies. These reforms—long awaited and much welcomed—will help us crack down on both.”. Just three weeks later under the same investigations, the Met outdid its previous seizure and confiscated $250 million.

Source

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