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Crypto Retro

Logo of telegram channel crypto_retro — Crypto Retro C
Logo of telegram channel crypto_retro — Crypto Retro
Channel address: @crypto_retro
Categories: Cryptocurrencies
Language: English
Subscribers: 347.17K
Description from channel

⚡️ The price of cryptocurrency depends on the news ⚡️
🌈 Here you can learn how to make money on cryptocurrencies 🌈
👀 Promotion: @attackerme 👀

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The latest Messages 3

2024-01-19 18:30:53
Arguments Conclude in Coinbase and SEC Case, Judge Holds on Decision

Oral arguments kicked off in Manhattan Wednesday regarding the highly anticipated case against Coinbase brought forward by the United States Securities and Exchange Commission (SEC).

The federal agency originally filed the lawsuit against Coinbase in June 2023, alleging that the cryptocurrency exchange failed to register as a securities exchange under the logic that several of the cryptocurrencies sold on the platform were classified as such.

However, Coinbase pushed back last August by claiming that none of the tokens in question classified securities at all.

“The SEC has violated due process, abused its discretion, and abandoned its own earlier interpretations of the securities laws,” Coinbase wrote in their brief. “But there is a more fundamental problem with its case—one the Chair recognized two years ago and that entitles Coinbase to judgment on the pleadings now: The subject matter falls outside the agency’s delegated authority.”
97.5K views15:30
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2024-01-18 15:01:56
Transform Your NFT Beyond Art: Secure Annual Returns with Kabuni's Stake A Future Program!

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Learn more on the Kabuni Blog and follow us on Discord, Twitter, and Telegram.
70.3K views12:01
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2024-01-18 14:30:30
Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China.

According to Shanghai Securities News, the Yangpu District People’s Court of Shanghai has concluded this landmark case, which involves laundering criminal activity-related money with crypto and digital yuan.

The racers would proceed with the accounts and withdraw cash from ATMs. Eventually, they deposited the cash withdrawn from the digital yuan wallets in their own accounts and transfer the money to clients’ designated accounts, completing the money laundering.

To promote Chinese digital yuan, four types of e-CNY wallets were introduced, including Type 4, the anonymous wallets used by Xiao’s point racing team. To open a Type 4 account, users do not need to be present in a bank or provide identification documents, but only verify a mobile number.

Though Type 4 wallets retain the anonymity, it has relatively low deposit and transfer limits. The team purchased numerous phone numbers, more than 30 smartphones, and withdrew over 10 million yuan ($1.6 million) from over 900 digital yuan accounts.
70.4K views11:30
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2024-01-17 20:00:05
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85.2K views17:00
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2024-01-16 18:31:15
AI and Blockchain Experts Form ‘Anime Chain’ Preparatory Committee

AI and blockchain experts in Japan have established the “Anime Chain” Preparatory Committee. It aims to provide a generative AI, including the foundation model exclusively with opt-in training data. Importantly, data legitimacy is ensured through blockchain technology, the announcement said.Per the blog post, this is in response to current copyright and ethical issues associated with generative AI.

The roadmap consists of three steps. Step 2 will see the use of a token “or similar methods for OSS developers and content creators to circulate, return, and visualize value, and provide financial support for development and production.”

Step 3 will see the creation of a standalone blockchain, and the autonomous decentralization of the management organization.

The committee plans to expand the content ecosystem from the traditional focus on Europe, America, and Asia, to a more global ecosystem. This includes regions such as the Middle East and Africa.

“With the realization of this initiative, we aim to set up a production environment where creators and companies can use generative AI safely and securely, free from copyright and ethical concerns,” the team said.

Also, they want to help resolve the labor shortage in anime production, which is an issue for the entire industry. This initiative aims to expand the content ecosystem and set up an environment where creators can continually engage in production and maximize their earnings, it said.

“We plan to return the earnings from the content produced by generative AI not only to the creators but also to the rights holders of the training data based on the history of generation recorded on the blockchain.”
49.4K views15:31
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2024-01-15 14:01:54
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
83.7K views11:01
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2024-01-13 18:30:56
EBA Discusses Proposed Guidelines for Stablecoin Issuers

European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation.

The European Banking Authority (EBA) at a Jan 11 public hearing organized to examine the proposed regulations on stablecoins rolling out under the MICA framework.

In line with global standards, the financial regulators called for improved synergy between stakeholders in the sector and regulators to produce the perfect template to guide operational practices in the market.

The EBA outlined proposed rules for stablecoins to all participants which it describes as asset reference tokens (ARTs) because they reference one or more assets to the underlying assets to maintain stability.

Officials for the regulators stressed the importance of getting public feedback in shaping the entire landscape and are set to expand public consultations in the coming weeks until the final implementation.

Isabel Vaillant, an EBA director, highlighted at the hearing that the dialogue and resolutions reached in this batch will help both parties start on the right footing stating other benefits of the public hearing.
54.7K views15:30
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2024-01-10 19:30:32
South Korean Ex-Police Officer Denies Crypto ‘Bribery’ Charges

The trial of a former South Korean police officer has begun in Gwangju. The ex-law enforcer denies taking bribes during a suspected crypto fraud investigation. Per the news broadcaster YTN, the former police sergeant is accused of receiving bribes from a crypto “broker.”

Prosecutors think the ex-police officer (surname: Jang) took over $30,000 in cash “on two occasions” in 2021. The prosecution service said that Jang was part of a team investigating suspected crypto fraud in the capital Seoul.

Prosecutors say that a broker surnamed Seong gave Jang the money in a bid to divert the course of the investigation. The court heard that Jang said he would “exert an influence” in a case that was “being investigated by the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit.”

Jang confessed to taking money from Seong. But Jang claimed the payments were loans, not bribes. Jang told the court that a company where he “served as an executive” had been “experiencing [financial] difficulties.”

The prosecution service said it wanted to summon and interrogate Seong as a witness.
73.5K views16:30
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2024-01-07 18:30:21
Radiant Capital Resumes Arbitrum Markets Operations After Security Breach

Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review.

According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in a significant loss of $4.5 million Ethereum. The review was completed by OpenZeppelin, independent Ethereum researchers, and white hats.

Following this rigorous analysis, the Radiant DAO Council unpaused market operations. Additional safeguards have been implemented to prevent similar incidents in the future, with a focus on enhanced security protocols.

“Users are free to use all available lending and borrowing markets,” said Radiant Capital in the announcement. “Native USDC will be brought live over the coming days after additional reviews due to the increased complexity of doing so safely.”

To address any potential financial discrepancies arising from the pause, the company disclosed plans for a Snapshot proposal. “A Snapshot proposal for the DAO regarding the methodology to repay the excess debt and fully recapitalize the Arbitrum WETH market will go up for a vote shortly,” said Radiant Capital.
79.1K views15:30
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2024-01-04 18:30:21
Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023

Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques.

In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends in the previous year stressing the activities of bad actors amid growing asset prices and extensive regulatory activities.

According to the report wallet drainers deployed on phishing websites achieved some “level of success” tricking users into signing big false transactions leading to loss of assets and more regulatory scrutiny in the markets.

“Over the past year, phishing activities have steadily increased each month with phishing scammers employing more sophisticated tactics to evade security measures. Scam Sniffer has made findings on “Wallet Drainers” that warrant the industry’s full attention.”

In total, wallet drainer scams recorded took out $295 million from 324,000 victims last year with airdrops and hacking incidents seen in several months. Notably, March saw larger activities linked to the price fluctuations of USD Circle.
78.2K views15:30
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