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2024-04-25 18:05:14 Tears of joy & pure happiness after making money with crypto!

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2024-04-25 17:37:45 US Prosecutors Demand 36-Month Sentence for Binance's CZ: A Defiant Path to Profitability

Scaling Success or Regulatory Roulette? Changpeng Zhao, the mastermind behind Binance, gambled on flouting US regulations to catapult his cryptocurrency empire to the top. But his defiance may come at a steep price.

A Disregard for Rules, a Risk to Integrity Court documents reveal that Zhao knowingly skirted anti-money laundering requirements and turned a blind eye to transactions with sanctioned entities, including Iran. The integrity of US financial operations was put on the line.

From Prohibited Transactions to Profitability Over $898 million in illicit deals involving US individuals and sanctioned regions were facilitated by Binance's lax compliance measures. Zhao's motive? Not just success, but a spot among the crypto elite.

Compliance vs. Growth: A Calculated Gamble Prosecutors argue that Zhao saw compliance as an expensive hurdle, one that could slow down Binance's meteoric rise. But they contend that profitability must never eclipse legal obligations.

A Pivotal Moment for Cryptocurrency Regulation The sentencing recommendation for Zhao isn't just about punishment; it's about sending a clear message. The US wants to show that even the biggest players aren't above the law in an industry facing increasing scrutiny. Open / Comment

2024-04-25 15:05:28 PORTAL seems to be cooking up some new things with their new launchpad

The debut token on the Portal Launchpad is $SOMO (https://twitter.com/playsomo) and those who stake $PORTAL will be able to receive a guaranteed allocation for the $SOMO sale which is happening on Thursday, 25th April at 11 am EST and I’m expecting this to skyrocket

Within the niche of Web3 gaming, we’ve seen many successful launches recently such as My Pet Hooligan’s $KARAT – $SOMO could be next. SOMO will quite literally be the Pokemon Go of Web3 and is also a playable 3D game

$SOMO seems to be the next big cook following after $PORTAL’s success, hitting a 3bn FDV and it was the biggest Binance Launchpool launch in history. I would really recommend picking up some $PORTAL and staking via their launchpad for the $SOMO sale https://launchpad.portalgaming.com

Wallets will be able to purchase up to 1 ETH of $SOMO and to balance the demand against the available allocation – there will be a weighted raffle to give everyone a fair chance. Your chances in the raffle are dictated by your ticket size and how early within the 24 hours you purchase.
The earlier you purchase and the bigger your ticket, the more $SOMO you’re likely to receive. The current presale price terms seem very fair considering other rounds available like Pixelmon’s $MON and Revolving Games’ $RCADE.

Portal Twitter: https://twitter.com/Portalcoin
SOMO Twitter: https://twitter.com/playsomo Open / Comment

2024-04-22 18:02:41 Did you know that 425 million people own crypto, but 70% face spending challenges due to scarce payment solutions

SpacePay is about to change all of that thanks to its innovative payment protocol that enables crypto payments in all major stores:

Doxxed team, with $750,000 raised from VCs and Angels
Pay with your crypto in stores from 325+ wallets—no app or transfers needed
$SPY is VISA/Mastercard for Crypto, gaining significant traction in the payment space
Reduced transaction time from 5-30 minutes to just 5 seconds!

SpacePay, an award-winning payment solution, recognized by Barclays Bank and others!

Join the community:
Website: https://spacepay.co.uk/
Telegram Group: @SpacePayTG
Twitter: https://twitter.com/SpacePayLTD Open / Comment

2024-04-22 18:01:07 Russia Warns US: Funding Bill Fuels Geopolitical Flames

Gold Shines, Bitcoin's Volatility Persists

The macroeconomic climate favors gold and silver, with the former briefly soaring to over $2,400 per ounce. In contrast, Bitcoin (BTC) faces turbulence due to an Iranian drone attack on Israel and Israeli countermeasures.

Geopolitical Strife Amplified

Tensions are high as the Russia-NATO conflict disrupts global commerce, while US-China rivalries impact trade and technology. The US House approves $95 billion for Ukraine, Israel, and Taiwan, drawing concern from Russia's Maria Zakharova.

Gold's Steadfast Shine Amidst Uncertainty

With geopolitical uncertainty looming, gold remains a safe bet. However, the future of Bitcoin in these turbulent times is uncertain, leaving digital assets in a period of pronounced ambiguity.

Bitcoin: A Prudent Haven or Not?

Advocates argue that BTC is a wise choice during global tensions, but analyst Joe Consorti challenges its historical status as a safe haven asset. As the world watches, both gold and bitcoin navigate these stormy waters with caution.

Note: This content is for informational purposes only and should not be construed as financial advice. Open / Comment

2024-04-19 13:30:00 Gold's Rally Continues: World Gold Council Remains Bullish

Despite hitting record highs, gold's bull rally shows no signs of slowing down, according to the World Gold Council (WGC). In their latest report, the WGC highlights several factors that continue to support the precious metal's ascent.

Geopolitical Risks and Central Bank Buying have been key drivers behind gold's recent surge, with demand for both jewelry and investment bars and coins remaining resilient.

While some may worry about a potential bubble, the WGC dismisses these concerns, stating that gold is currently underowned and not exhibiting the usual signs of a market top.

Interestingly, gold ETFs have been lagging behind the global rally, but history suggests that this could be a bullish signal for the precious metal.

Contrary to speculation, the WGC finds little evidence of a significant shift from gold to Bitcoin ETFs, suggesting that recent flows are more speculative than structural.

Looking ahead, the WGC sees a positive market setup and believes that low participation from U.S. investors could provide further fuel for gold's upward trajectory.

In an uncertain world, it seems that gold remains a shining star in investors' portfolios. Open / Comment

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2024-04-16 17:33:40 Solana's Latest Update: A Step Towards Smoother Operations

Solana developers have rolled out a mainnet beta update, version 1.17.31, to tackle the recent network congestion issues that have been plaguing the platform.

This update specifically targets the problem of spam transactions, which have been clogging up the network and causing transaction failures. It's also expected to address recent open interest spikes.

Validators are urged to upgrade their nodes when the delinquent stake falls below 5%, ensuring stability during the process. Any hiccups should be reported on Discord's mb-validators channel.

The congestion woes on Solana have been frustrating for developers, with a staggering 75% of non-voting transactions failing. But Solana insists it's not a fundamental flaw, just a pesky bug.

With SOL trading between $160 and $200 lately, bulls will be eyeing that crucial $200 resistance level for a potential upward trend in price.

This latest update is just the beginning! Solana has more improvements lined up as part of its multi-phased plan to make the network even better. Stay tuned for what's next! Open / Comment

2024-04-15 18:03:50 Tired of FUD when searching for a reliable trading tool.

And you know what? There is @Tradeleaforg, get ready to be extra bullish on this web3 sensation:

— Earned $1.25 million fees in 1 month
— Audited by Solidproof
— Backed by big banks like DBS Bank and finance partners as TFC, Credit Exim and others
— On MEXC Kickstarter from tomorrow

$TLF has lots of useful utility + it is possible to stake it in their DeFi pools to get a part of the fees.

It is a Win win for everyone: backed by RWAs, working as a collateral for partner banks that are financing small and medium enterprises.

Unleash your cryptosis potential with Tradeleaf.io! DYOR and say hi from me. Open / Comment

2024-04-13 19:56:01 Hong Kong to Join the Bitcoin ETF Party: Spot ETFs Expected to Launch Soon!

It's official! Following the footsteps of the U.S., Hong Kong is gearing up to approve its first-ever spot Bitcoin ETFs. According to insiders, the country's Securities and Futures Commission (SFC) is all set to give the green light, with trading potentially starting as early as Monday on the Hong Kong Stock Exchange (HKSE).

Harvest Fund Management Company, Hashkey Capital, and Bosera Asset Management are leading the pack, reportedly in the final stages of securing listing arrangements with Hong Kong Exchanges & Clearing Ltd. Exciting times lie ahead for these firms!

Notably, this news comes hot on the heels of SFC granting Harvest and China Asset Management permission to offer virtual-asset-related fund management services. The crypto community can't help but speculate that Hong Kong and China will follow in the U.S.'s footsteps, fueling further demand for Bitcoin (BTC).

Since their debut in January 2024, U.S. Bitcoin ETFs have already amassed a staggering 500,000 BTC. With Hong Kong now entering the fray, it's clear that digital gold is shining brighter than ever before! Open / Comment