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Crypto Miami

Channel address: @crypto_miami
Categories: Cryptocurrencies
Language: English
Subscribers: 470.19K
Description from channel

💥Latest Cryptocurrency and Blockhchain news.
Contact: @Arpiner7

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The latest Messages 6

2024-01-22 17:30:33
Manta Network Faces Money Laundering Allegations After Recovering From DDoS Attack

Zero-knowledge L2 blockchain Manta Network has been accused of money laundering in South Korea shortly after the blockchain was hit by a DDoS attack.

In an X post published on January 18th, user Definalist noted that 2 million MANTA tokens were transferred to the personal wallet of Manta’s Korean Business Development representative. The transaction occurred shortly after MANTA was listed on crypto exchange Binance

Subsequently, 2 million MANTA tokens were deposited into a Bithumb wallet, representing more than 75% of the exchange’s total circulation volume at that time.

Within 5 minutes of being listed, the price of MANTA on Bithumb witnessed an exceptional surge, reaching $230 and marking a remarkable increase of over 100 times from its initial price of $2.26.

The BD reportedly proceeded to unload all 2 million MANTA tokens at a premium ranging from 50 to 100 times the listing price. The proceeds from the sale, totaling $5.16 million, were then converted to 2094.7 Ethereum.

Finally, the ETH tokens were transferred to the BD’s personal wallet, according to Etherscan.

Addressing these allegations, Manta Network released a statement noting that the transaction was conducted as part of its operational strategy.

The allocation of community funds to the Korean BD was in line with their token economic model, Manta explained, adding that the ultimate objective of the move was the help establish a branch in South Korea.
115.7K views14:30
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2024-01-19 19:30:45
Binance Users Seek to Serve $1B Lawsuit to Ronaldo via Elon Musk’s X

Binance customers are seeking approval from a Florida federal court to serve the world renowned soccer player Cristiano Ronaldo with the $1 billion proposed class action through the social media platform X, formerly Twitter.

In a latest filing, plaintiff Michael Sizemore is requesting an order authorizing to serve Ronaldo via X, and email to soccer player’s current counsel representing him in other federal litigation.

Portuguese football icon Cristiano Ronaldo is currently facing a billion-dollar class-action lawsuit, accused of promoting non-fungible tokens (NFTs) linked to the troubled exchange Binance.

Filed in the Southern District of Florida in November last year, the lawsuit contends that Ronaldo’s endorsement of Binance was both deceptive and illegal. Plaintiffs argue that partnerships between Binance and influential figures like Ronaldo led them into risky and costly investments.

The lawsuit claims that Binance’s fraudulent activities, including the sale of unregistered securities, were facilitated with the support of wealthy organizations and global celebrities, including Ronaldo.

Ronaldo is still promoting Binance as per a post on Binance’s X account on Jan 17, where the soccer legend can be seen with social media influencer Khaby lame wearing a Binance merchandise.
97.1K views16:30
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2024-01-19 15:00:46
Transform Your NFT Beyond Art: Secure Annual Returns with Kabuni's Stake A Future Program!

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95.7K views12:00
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2024-01-17 14:01:16
Join Waterfall Protocol for the Testnet launch and prepare to earn rewards on the Mainnet!
Waterfall is the most decentralized BlockDAG protocol currently available

Key Features:
This decentralized platform has the potential to attract much more validators than other protocols.
Minimal hardware requirements: Dual-Core CPU, 4GB RAM ( your cellphone has 2-4 times more than that).
High performance and scalability, thanks to parallelism in BlockDAG.
Compatible with EVM and Ethereum API.

They have been rigorously testing technology since 2021.
More than 170 Workers(block producers) on the TestNet are owned by the community members (developers and future users).
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.

Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
84.4K views11:01
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2024-01-16 19:01:34
BRC-20 Inscription Growth Key for Bitcoin’s Continued Dominance in 2023

The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year.

In their 140-page report, the research arm of the world’s largest crypto exchange revealed that Ordinals, Inscriptions, and BRC-20 token standards played a pivotal role in the resurgence of the foremost blockchain network.

According to the report, these three-tiered systems, which introduced more functionality to the largely rigid decentralized value exchange protocol, led to the creation of a “new era for Bitcoin” in 2023.

Providing the requisite data to back up its claims, the Binance Research team stated that Bitcoin boosted its market dominance from 40.4% to 50.2%, all thanks to the BRC-20-powered tokens and inscriptions.

The Bitcoin network, famously introduced in 2008 and launched in 2009 by pseudonymous founder Satoshi Nakamoto, has been fixated on enabling a permissionless value transfer ecosystem.
98.8K views16:01
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2024-01-16 14:00:08
Scopechat AI Crypto Trading Assistant, Now Live!

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96.0K views11:00
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2024-01-13 17:31:18
Hedera and Algorand Ecosystems Unite to Form DeRec Alliance for Decentralized Asset Recovery System

Entities from the Hedera and Algorand ecosystems, including the HBAR Foundation, Algorand Foundation, Hashgraph Association, Swirlds Labs, DLT Science Foundation, and industry partners The Building Blocks and BankSocial, have come together to establish the Decentralized Recovery (DeRec) Alliance. This alliance is dedicated to developing a new interoperability recovery standard that simplifies the recovery and adoption of cryptocurrencies and other digital assets.

The announcement was made at the CFC St. Moritz conference in Switzerland, where Dr. Leemon Baird, co-founder of Hedera and co-CEO of Swirlds Labs, and John Woods, CTO of Algorand Foundation, discussed Layer 1 superpowers on a panel.

The DeRec Alliance’s primary goal is to streamline the process of securing and recovering digital assets, aligning them with user-friendly experiences in conventional Web2 environments. As Web3 applications gain traction, there is a growing need for a seamless and accessible user experience for managing digital assets, accounts, keys, and passwords.

The alliance plans to bring together the Web3 ecosystem by offering an open-source, industry-standard methodology to ensure secure and straightforward digital asset recovery across wallets. Moreover, it aims to establish a compatible standard applicable to all wallet software on various blockchains, promoting collaboration among blockchain projects, banks, credit unions, and wallet software initiatives.

Ultimately, the DeRec Alliance aims to simplify the process of securing and recovering digital assets, passwords, and other secrets, making it as user-friendly as existing Web2 experiences. Through collaboration across diverse blockchains and industries, the alliance seeks to create standards and open-source code to enhance the safety and user experience of Web3.
99.9K views14:31
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2024-01-12 18:50:00
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122.4K views15:50
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2024-01-10 19:00:59
Fox Launches Blockchain-based Open Source Platform with Polygon Labs

The Fox Corporation has partnered with Polygon Labs to unveil the new blockchain-based Verify, an open source platform designed to verify the authenticity of content and track its use across the web.

Built on Polygon PoS, the core blockchain infrastructure can transparently prove authenticity of content. Publishers who opt in to the platform will be able to prove their content’s organization in hopes of tackling authenticity problems caused by the rapid development of AI.

“Though advances in AI have developed at a breathtaking pace, one downside of these platforms has been the rise of AI-generated media, from articles to audio to images,” reads a January 9th statement from Paragon Labs.

“There is broad agreement this problem needs to be met head on, but there haven’t been many real-world solutions that prove the provenance of any given piece of content. Researchers at Polygon Labs have been building the core blockchain infrastructure that can transparently prove authenticity.”

Allegations of defamation and hard-hitting litigation News of the media conglomerate’s latest venture follows a nearly $3 billion litigation brought against the company by Smartmatic, a voting technology company, for its alleged defamatory reporting during the 2020 election.
125.1K views16:00
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2024-01-10 15:00:08
Last Chance to Join CoinAvatar's Testnet and Earn CAV Tokens!

We're inviting you to be one of the first to try CoinAvatar’s new platform before public release. But act fast - there are only 50 spots left in the exclusive Testnet group!

As an early tester, you'll get to:

Preview new features before anyone else
Provide valuable feedback to improve the platform
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Join the Testnet whitelist now: CoinAvatar
Get instructions and test CAV tokens
Explore CoinAvatar and share your feedback

The more you test and contribute, the more bonus CAV you'll earn.

Don't miss this exclusive opportunity to shape the future of CoinAvatar! Claim your spot in the Testnet group now before the final 50 places fill up!
128.7K views12:00
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