GildCoin - Crypto News

2023-02-06 20:00:21 Healing Hippies

Our mission is to cultivate and incentivize a space for collective wellness. A utopia where holders can access live coaches and specialists to grow the mind, body, and spirit all within a safe community. Each NFT will unlock portions of the HippieVerse and features of The Heal App.

Our App, slated to be ready by Q2 of 2023, will have live access to Certified Coaches, Trainers, and Specialists. Along with the live access, holders will have the ability to view exercises and join classes, earning rewards with each movement. Users can sign in with their NFT or with a monthly subscription. The app will allow users to earn rewards as they move and complete classes by wearing any type of HR monitor. These rewards can later be used in our Marketplace to purchase Merchandise, NFTs, and other Experiences!

Supply: 8,888
Mint price: .1
Lovelist price: .06
Mint date: March 2nd, 2023

Learn More Here:
- Website: https://www.healinghippies.io/
- Discord: https://discord.gg/tsvjugjFZx Open / Comment

2023-02-05 21:45:00 Poker Protocol is finally being the ones to bridge the gap between DeFi & NFT's. With a Gamified Staking Service Offering 121% APY in 50 Day Staking Cycles

Their mission is to give access to High-Yield returns to holders with a low risk. BUT, also provide to the community who gave them this opportunity to be able to provide such High Returns of 121% APY Yearly with their Private Partnership with Wynn Resorts

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Check out the Discord: https://discord.gg/m2qF97Ta6a
Twitter : https://twitter.com/pokerprotocol

Genesis NFT Pass Mint DATE: February Open / Comment

2023-02-04 20:00:08 ​Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services

Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.” The move followed a public dispute regarding the relationship between Binance and Wazirx.

Cryptocurrency exchange Binance said Friday that Indian crypto exchange Wazirx “can no longer use Binance wallet services.”

Noting that it “has no control over Wazirx user funds or any aspect of the Wazirx exchange’s operations,” Binance explained:

We provided wallet and related technology services to the exchange’s operator, Zanmai Labs (Zanmai), – a service we are terminating.

While Zanmai has conveyed its intention to withdraw funds from relevant accounts, Binance noted that at the time of its announcement, the Indian company “has not fully withdrawn assets held in the Binance wallets that it uses for Wazirx’s operations.”

Binance’s termination of wallet services to Zanmai followed a public debate between Binance and Wazirx regarding the nature of the relationship between the two cryptocurrency trading platforms.

“Zanmai has made a series of misleading claims related to Binance’s alleged role in and responsibility for operating the Wazirx exchange,” Binance described, elaborating:

The false and misleading narrative put forth to the public misrepresented Binance as maintaining control over Wazirx users’ assets, user activity, and the platform’s operations.

Emphasizing that it merely provided wallet services to Zanmai “only as a tech solution for their operations of the Wazirx exchange,” Binance said that on Jan. 26, it offered the Indian company a choice to either “retracting the false public statements (and continuing to use our services) or terminating the use of our wallet service.” Binance continued:

Since Zanmai has refused to clarify their misleading statements, Zanmai has till 3 February 2023 (23:59 UTC) to remove the funds from the accounts that they used for Wazirx’s operations.

Binance CEO Changpeng Zhao (CZ) recently said that India is not a viable business opportunity for his exchange due to the country’s regulatory stance, including a hefty tax framework. The crypto exchange has been actively expanding its operations worldwide. Now licensed in seven EU countries, Binance recently acquired a Japanese exchange and invested in a Korean exchange. Open / Comment

2023-02-02 20:00:09 Fathom ($FATHOM)

Fathom A New Way

Doxxed & KYC team

Fathom will be using external revenue streams in DeFi to constantly add value to the Fathom ecosystem and increase staking rewards. 75% of all generated buy, sell, and staking tax is used to purchase revenue streams.

Fathom is the first to use Value-based rewards. Even if the price of $Fathom drops, your 1% daily rewards will still be based on the value of your tokens at the time of staking.

Huge marketing campaigns
Every presale token is auto staked and locked for 2 days
40+ influencers on board
Revolutionary staking system
First time mover in this space
Make up to 30% monthly returns on your staked investment

Name: Fathom
Symbol: $FATHOM
Chain: Binance Smart Chain
Supply: 1,000,000,000
Contract Address: TBA

Telegram: Fathom Official: https://t.me/fathomportal

Website:
https://Fathom.Finance Open / Comment

2023-02-01 20:00:06 ​Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed nationwide to help with the cash-swapping process.

The Central Bank of Nigeria (CBN) recently said it had extended the deadline for returning the old naira banknotes by ten more days. In his Jan. 29 press statement, CBN governor Godwin Emefiele said while the exercise has been a success, shifting the deadline date from Jan. 31 to Feb. 10 helps the bank achieve success in rural communities.

The announcement follows weeks of pleas by residents who wanted to be granted more time to return the soon-to-be demonetized naira banknotes. The announcement of the extension also came just a few days after a Bitcoin News report suggested that some Nigerian banks were still distributing the old notes.

To ensure the CBN’s objectives are achieved before the old banknotes are removed from circulation, Emefiele said the central bank’s staff along with their counterparts from the Economic and Financial Crimes Commission (EFCC) were mobilizing and monitoring the process. In addition, the governor said some 30,000 so-called super agents had been deployed nationwide to help with the cash-swapping process in regions underserved by banks.

Commenting on the central bank’s success so far, Emefiele said:

We are happy that so far, the exercise has achieved a success rate of over 75% of the N2.7 trillion [$5.86 billion] held outside the banking system.

The governor also said it aimed to give residents with genuinely earned money an opportunity to deposit their legitimately trapped monies at the CBN for exchange.

Meanwhile, in his statement, Emefiele, who has been accused of funding terrorists, insisted the central bank’s goal is not only to enhance the effectiveness of its monetary policy but to aid Nigerian security agencies in their fight against bandits and kidnappers. By demonetizing the old banknotes, the CBN will be sticking to its mandate of redesigning its currency every five to eight years, Emefiele added. Open / Comment

2023-01-29 20:00:05 ​Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’

A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole.

People trading cryptocurrencies in Turkey have been estimated at over 8 million as of 2022, according to Emrah Inanc, head of the Crypto Industry Development, Monitoring and Reporting Association. The country is in the world’s top five in terms of crypto investments, he highlighted.

Speaking to the Anadolu Agency, the top executive of the newly-founded organization also emphasized that transparency is crucial for the development of the crypto sector. That’s why it will first focus efforts on solving problems with crypto exchanges and improve confidence in the industry.

Inanc pointed out that a number of exchanges from the Far East have been trying to attract Turkish customers. On this backdrop, he noted that the lack of rules and regulatory authority has led to “inconvenient results,” and acknowledged some of the challenges in relations with the public sector:

We are faced with allegations that some exchanges have blocked customer accounts illegally for financing terrorism and money laundering.

Emrah Inanc also indicated that the association is ready to periodically and transparently share information about the shortcomings it’s identifying with all relevant institutions. He also warned traders about dealings with offshore exchange platforms.

“In order to prevent these illegal practices and irregularities, we will take the necessary steps to block cryptocurrency exchanges … that cause unlawful transactions, cause victimization, and threaten our citizens and the country’s economy,” Inanc elaborated. He also urged both individuals and organizations to send requests, suggestions, and complaints to the group by filling out a form posted on its website.

With the popularity of cryptocurrencies growing amid high inflation, Turkey has become an attractive market for crypto exchanges in the past few years. Turkish traders were also affected by a few failures in the sector, including that of FTX which filed for bankruptcy in mid-November. Turkey’s financial watchdog launched a probe into the collapse of the major exchange as it had a Turkish platform.

Several domestic exchanges have also shut down, such as Thodex, whose founders and top executives were accused of committing fraud and money laundering as part of a suspected exit scam. Vebitcoin was investigated when it ceased activities after the country’s central bank banned crypto payments, and Coinzo closed down as well. Open / Comment

2023-01-29 15:00:06 ​Receive and send cryptocurrency payments with PassimPay

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More info https://t.me/Passim_Pay Open / Comment

2023-01-26 20:00:05 ​Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed.

As of the time of writing, the decentralized finance (defi) liquid staking protocol Lido is the most dominant defi protocol today, in terms of total value locked (TVL). Statistics from defillama show that Lido’s $7.92 billion TVL dominates the $46.56 billion TVL held in defi today by approximately 17.01%.

Lido is the largest holder of staked ethereum as the protocol commands around 29% of the staked ether supply. Lido’s ethereum derivative token STETH is the 13th largest market valuation in the cryptocurrency economy with $7.73 billion. Furthermore, Lido has a governance token called lido dao (LDO), which has a market capitalization of around $1.96 billion on Jan. 25, 2023. The day prior, Lido’s development team published a proposal concerning withdrawals after the Shanghai upgrade.

Ethereum developers are determined to make the Shanghai hard fork happen this March and the main focus is allowing staked withdrawals. “The design proposed by Lido on the Ethereum Protocol Engineering team addresses these challenges with the in-protocol withdrawal requests queue,” the Lido team explains in a summary of the withdrawals landscape via the Lido protocol. “The process has to be asynchronous, due to the asynchronous nature of ethereum withdrawals,” the Lido developers add.

The Lido developers explain there would be various modes of withdrawals including a “turbo” feature and a “bunker” feature. Further penalties and slashing would be codified for validators that break the rules. The summary explains how slashings affect a user’s withdrawal request fulfillment.

“We are seeking the community’s feedback to make sure that our proposal takes all important considerations into account and to identify any potential improvements,” the Lido team details. “Your feedback is invaluable to create a proposal that is effective, efficient, and fair for all stakeholders.” Open / Comment

2023-01-23 20:00:08 ​FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.”

The U.S. Attorney for the District of Connecticut and the Acting Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation (FBI) announced Friday that bitcoin and other digital assets have been seized in connection with a fraudulent scheme targeting the elderly. They detailed:

An investigation of a fraud scheme targeting vulnerable victims has resulted in the forfeiture of approximately 151 bitcoins, as well as other digital assets.

The case is being investigated by the FBI, the U.S. Secret Service, and the U.S. Marshals Service. At the time of writing, the value of the allegedly seized bitcoin totaled approximately $3.5 million.

The fraud, which occurred in approximately October 2020, involved overseas individuals pretending to be members of U.S. law enforcement agencies. They targeted “vulnerable victims, including first-generation U.S. citizens and elderly persons,” the authorities said. Through phone calls, they told the victims that their identity had been compromised. After gaining the victims’ trust, the scammers requested transfers of money for “safekeeping” with the promise of returning the funds plus interest. The announcement details:

Once the overseas individuals had access to the victims’ money, they moved the money through multiple bank accounts and converted the money to digital currency in the form of bitcoin and other cryptocurrencies.

“Law enforcement investigators traced the victims’ money through the various accounts and identified a digital wallet holding bitcoin and other cryptocurrencies that had been purchased with the victims’ money,” the announcement adds. The authorities noted that the overseas scammers remain at large.

The U.S. Attorney’s Office has been granted “a civil asset forfeiture seizure warrant for the digital wallet,” the announcement clarifies, elaborating:

The U.S. Attorney’s Office used the civil asset forfeiture procedure because the digital assets constituted the proceeds of wire fraud. Open / Comment

2023-01-20 20:00:09 ​Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no deny” basis and that the arrangement “closes all multi-year-long inquiries into Nexo.”

On Jan. 19, 2023, Nexo announced that it has agreed to settle with the U.S. Securities and Exchange Commission (SEC), the North American Securities Administrators Association (NASAA) and several state regulators, including the Office of the New York Attorney General, over an unregistered offering.

According to the SEC, around June 2020, Nexo started to offer the company’s Earn Interest Product (EIP), an interest-earning product that allows investors to earn interest on deposited crypto assets. The U.S. regulator said, “the EIP is a security and that the offer and sale of the EIP did not qualify for an exemption from SEC registration.”

Nexo’s co-founder, Kosta Kantchev, responded to the settlement in a statement sent to Bitcoin News. “We are confident that a clearer regulatory landscape will emerge soon, and companies like Nexo will be able to offer value-creating products in the United States in a compliant manner, and the U.S. will further solidify its position as the world’s engine of innovation,” Kantchev said. SEC chairman Gary Gensler described the settlement in a different manner.

“We charged Nexo with failing to register its retail crypto lending product before offering it to the public, bypassing essential disclosure requirements designed to protect investors,” Gensler said. “Compliance with our time-tested public policies isn’t a choice. Where crypto companies do not comply, we will continue to follow the facts and the law to hold them accountable. In this case, among other actions, Nexo is ceasing its unregistered lending product as to all U.S. investors.”

Nexo co-founder Antoni Trenchev thanked the company’s legal team from Schulte Roth and Zabel LLP and said the Office of the New York Attorney General helped Nexo secure this “most favorable” outcome. “We are content with this unified resolution which unequivocally puts an end to all speculations around Nexo’s relations to the United States. We can now focus on what we do best – build seamless financial solutions for our worldwide audience,” Trenchev detailed in a statement on Thursday.

Nexo’s settlement with U.S. regulators follows the recent investigation into Nexo’s dealings initiated by Bulgarian law enforcement officials. The crypto lender, however, vehemently denies the allegations stemming from Bulgaria’s attorney general. Open / Comment