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2022-09-29 16:29:50 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 08:51:02 Jihan Wu’s Bitdeer Budgets $250M to Buy Assets From Bleeding Crypto Miners

Jihan Wu’s Bitdeer will be setting aside $250 million to buy assets from crypto miners. The company will invest $50 million in a junior tranche and raise another $200 million from outside investors. Jihan Wu, the Chinese billionaire who co-founded the Bitmain crypto mining company, will be launching a $250 million fund aimed at miners through Bitdeer.

Bitdeer has been making progress in other areas as well. The company purchased a high-security storage and display facility called Le Freeport for $28.4 million. The latter is a vault that has been known to serve a large number of corporate clients. It’s interesting that Wu would buy what is colloquially referred to as “Asia’s Fort Knox,” as it indicates there are big plans ahead for the company. Generally speaking, while the bear market has hit mining hard, miners are continuing to invest in resources to bolster.

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2022-09-28 11:14:03 Terra’s Do Kwon made a suspicious 3,310 BTC transfer shortly after his arrest warrant issuance

As the widely-publicized saga of Terraform Labs continues to unravel, a suspicious transfer in Bitcoin (BTC) has been discovered from the cryptocurrency platform’s CEO Do Kwon immediately after his arrest warrant issuance. Indeed, shortly after the news broke out of South Korean prosecutors issuing an arrest warrant for the Terra (LUNA) CEO, around 3,313 BTC.

Considering the price of Bitcoin at press time, this means that the amount transferred to KuCoin and OKX wallets was worth around $66.65 million. The transfers were made from a Luna Foundation Guard (LFG) crypto wallet that was created on September 15, one day after the arrest warrant was issued for Do Kwon citing broken securities laws. Do Kwon established LFG as a non-profit organization with an aim to protect the price reserves of LUNA. As per data from the crypto data.

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2022-09-27 09:38:03 Ripple CEO claims the SEC is a bully ‘trying to regulate through enforcement’

Specifically, Ripple’s CEO Brad Garlinghouse believes that the SEC can be characterized as being a “bully” that is trying to “regulate through enforcement” in his interview with the CNBC Crypto World’s MacKenzie Sigalos published on September 23.

Ripple CEO highlighted that 95% of his company’s growth was from customers outside the U.S. “partly because the rules of the road are clear in those countries,” . He also reminded of the fact that Ripple has already “spent over $100 million defending ourselves in a case that we have tried to move forward as quickly as we can and the SEC has gone as slowly as they can.”. the SEC claimed Ethereum (ETH) was not a security.

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2022-09-26 08:20:02 $2 Million in Assets Seized From a 23-Year-Old Who Allegedly Defrauding Investors

Aiden Pleterski – a 23-year-old Canadian trader and self-described “Crypto King” – is being sued after allegedly failing to return at least $35 million to his investors. Authorities have already seized $2 million in assets from the Ontarian, including two McLarens, two BMWs, and a Lamborghini.

Pleterski ran a business called AP Private Equity Limited, through which he promised to generate high returns for investors through well-timed crypto and Forex trades. As covered by CBC, creditors like Diane Moore invested $60,000 she had once earmarked for her grandchildren’s education. Her agreement with Pleterski included a promise for 70% of any capital gains produced by the trader, and a full return of her initial investment if things went south. The contract promised roughly 10 to 20% biweekly returns.

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2022-09-25 09:56:02 Binance hires former Kraken compliance chief

Cryptocurrency exchange Binance hired Kraken’s former chief of compliance Steven Christie in May as senior vice president of compliance to lead its global compliance team, The Wall Street Journal reported Sept. 23. Binance’s CEO Changpeng Zhao (CZ) said he is looking to hire more compliance experts in the near future.

Christie left his position at Binance’s rival platform Kraken to join Binance as the new senior vice president of compliance. Currently, Christie leads a team of 750 people, including the cyber investigations team. CZ retweeted the WSJ article on his personal Twitter account on Sept. 23 and said that the exchange was looking to hire more people to work on its compliance team. The exchange said the relevant job ad would be posted in the upcoming weeks.

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2022-09-24 11:58:02 Washington State Hops on Celsius Network’s Bankruptcy Case

Washington State Department of Financial Institutions is the new interested party in the latest chapter of Celsius’ ongoing liquidity crisis. In a recent turn of events, Washington’s Assistant Attorney General Stephen Manning filed a motion on September 22nd to Judge Martin Glenn to represent the Washington State Department of Financial Institutions.

The crypto lender first froze customer withdrawals in June, blaming “extreme market conditions.”.It laid off around 150 employees shortly thereafter and onboarded restructuring consultants from an advisory firm, Alvarez & Marsal, to “preserve and protect assets.”. The following month, it filed for Chapter 11 bankruptcy protection, and the subsequent proceedings in the Southern District of New York revealed the depths of its financial troubles. Celsius reportedly owes 500,000 creditors approximately $5 billion.

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2022-09-23 07:07:02 Elrond Gains Access to 300M Users With New Partnership

If Elrond (EGLD) manages to hold on above the $44 to $46 horizontal support area, it could break out from the current descending wedge pattern. On Thursday, Opera, one of the largest web browsers in the world, announced that it had integrated Elrond. This allows it to provide direct access to the Elrond ecosystem for its more than 300 million users.

Elrond’s CEO Beniamin Mincu said that: “‘Elrond is one of the first carbon-negative blockchains in Europe, and its integration with Opera will help millions of new users to access the Web3 ecosystem.” . EGLD has been decreasing very gradually since Aug. 16, creating a descending wedge pattern in the process. The descending wedge is considered a bullish pattern. So, an eventual breakout from it is expected. Additionally, Opera will offer an integrated crypto noncustodial wallet. This allows it to further advance mainstream blockchain adoption.

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2022-09-22 08:02:03 IMF calls for coordinated approach to global crypto regulation

The international monetary fund (IMF) has called on regulators worldwide to work toward a coordinated effort to regulate the crypto market, as its effect has a far-reaching impact on global economies. The challenge, however, lies in adopting a coordinated effort toward crypto regulation.

Applying the existing regulatory framework may be insufficient, as different use cases of crypto assets attract regulators, such as banks, commodities, and securities. While some regulators prioritize consumer protection, others optimize for safety, soundness, or financial integrity. According to the IMF, the diverging regulatory approaches do not provide a level playing ground. As a result, many crypto actors have opted to migrate to a more friendly jurisdiction with the least regulatory constraint.

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2022-09-21 06:31:05 Metaplex Foundation to airdrop governance tokens to early adopters

Metaplex Foundation, the non-profit arm of the Metaplex Protocol, announced on Tuesday it is launching its own token under the MPLX ticker. As of today (Sept. 20), through a multi-week claim period, the organization will distribute 14 million tokens to early community members. Those receiving the initial token tranche are early builders on the Metaplex platform.

The Metaplex Protocol was first launched in June 2021 as the first program library and set of tools for developers to create, sell and manage NFTs on the Solana blockchain. Creators were attracted to the business due to its low mint fees and the fact that it was more environmentally friendly than NFT projects built on chains such as Ethereum (at least, before The Merge). The Metaplex Standard is the metadata standard by which NFTs are classified on Solana. MPLX will be a utility and governance.

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