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2024-03-18 16:00:31 BeFi Labs LBP sale is Live on FjordFoundry!
Curated by Bonsai, Fjord's #1 curator

Official LBP Link

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The BEFI token LBP sale

March 18th, 13:00 UTC Pool opens
100% funds for liquidity & performance
100% TGE unlock for LBP participants
10% of the total supply in the LBP round
72 hours duration or until sold out
ERC20-USDT open participation

Anyone can join until pool sold out

Official LBP Link


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2024-03-17 16:50:13 NFT Market Takes a Hit: Sales Plummet by 16.55% Amid Crypto Slump

NFT enthusiasts had a bumpy ride this week as sales figures dropped by a significant 16.55%, leaving the market with a total of $358 million in transactions. It seems the crypto downturn has cast its shadow on the digital art world too.

Ethereum, the go-to platform for NFTs, remained at the forefront with $129 million in sales. However, even Ethereum couldn't escape unscathed, witnessing a 20.98% decline compared to the previous week. Bitcoin also saw its NFT sales take a hit, dropping by 20.44% to just over $124 million.

Meanwhile, Solana experienced a milder dip of around 5%, amounting to $61.68 million in NFT sales. Polygon and BNB Chain managed to secure spots in the top five, but it was "Uncategorized Ordinals" that stole the show with an impressive $57 million in sales, marking a whopping 43% increase.

Notable mentions go to collections like Bored Ape Yacht Club, which sailed away with over $13 million in sales, and rising stars like Peplicator, Nodemonkes, and Mad Lads.

While there were some big-ticket items changing hands, such as the eye-popping sale of "Frxethredemptionticket #158" for a cool $842K, overall sales took a dip. Yet, there's a silver lining: the number of NFT buyers surged to an impressive 370,111 – a staggering 245% jump from last week. Open / Comment

2024-03-14 17:48:03 Crypto Attorney Jake Chervinsky: Spot Ether ETF Approval in May Faces Uphill Battle

Despite the recent wave of optimism surrounding spot bitcoin ETFs, a similar product for ether may not have an easy path to approval, warns Jake Chervinsky, Chief Legal Officer at Variant.

Chervinsky points out that the SEC's historical resistance to crypto initiatives stems from its negative perception of the technology and a desire to score political points.

The political landscape further complicates matters, as the SEC may be reluctant to greenlight an ether ETF due to pressure from anti-crypto politicians who have criticized previous BTC ETF approvals.

Moreover, Chervinsky notes that the SEC has shown little urgency in addressing the necessary requirements for an ether ETF, suggesting a lack of enthusiasm or even potential roadblocks.

While not ruling out approval entirely, Chervinsky cautions against overly optimistic sentiment, emphasizing the challenging environment for such a product in the current market.

With analysts like Eric Balchunas revising down their odds to 30%, it seems that the road to an ether ETF approval in May is becoming increasingly uncertain. However, some institutions remain hopeful, including Standard Chartered and Blackrock. Open / Comment

2024-03-11 20:00:06 $BXN BlackFort L1 – something big is cooking

Which ecosystem combines an L1 blockchain, a multichain wallet, e-money and a crypto exchange?
Answer: BlackFort Exchange Network – BXN!

L1 EVM: live on mainnet
1,100,000 transactions already, 115,000 active wallet addresses and 6,000,000 Blocks

Wallet: available for iOS and Android
Supports Ethereum, Tron, Bitcoin, XRP and lots of other chains + 1,000’s of ERC20 tokens

Exchange: working right in the wallet
You can buy or swap BTC, ETH, XRP etc. with a bank card or with crypto

BXN token utility
Lots of it! RWA tokenization, B2B payments, mobile wallets etc.

Is it audited?
Fully audited by Certik with a 92% Code Trust Score

What’s next?
BlackFort is preparing a really big announcement Join now and stay tuned!

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2024-03-11 17:58:01 Argentina Busts $400 Million Crypto Ponzi Scheme Founders; Brazil Prioritizes Crypto Rules

Arrest in Argentina: The Federal Police nabbed two culprits, a man and a woman, who orchestrated a massive Ponzi scheme in Brazil. These scammers, operating under fake names, managed to shuffle around $400 million worth of digital currencies before getting caught.

Unmasking the Fraudsters: The male suspect, going by "Joao Felipe Costa," was unmasked as Antonio Inacio Da Silva Neto, one of the masterminds behind Braiscompany. His partner-in-crime, Fabricia Farias Campos, was also apprehended.

Investigation Unveils Fake Identities: A meticulous investigation traced the couple's whereabouts through their purchases and payments made under aliases. Now in Argentine custody, they await extradition to Brazil for their day in court.

Brazil's Crypto Agenda: Meanwhile, Brazil's Central Bank has set its sights on crypto regulations. Tokenization and oversight of virtual asset service providers (VASPs) are top priorities. The goal? To foster innovation while ensuring financial integrity.

Innovation Galore: Ricardo Moura, head of the Central Bank's Exchange Regulation Department, highlighted streamlining investments for non-residents and enhancing interbank forex operations as key areas of focus. Regulating virtual assets in foreign exchanges is also on the agenda.

Argentine Fintech Pushes for Growth: Over 200 companies united under the Argentine Fintech Chamber are pushing for tax exemptions on crypto assets. Their proposal aims to level the playing field between digital currencies and traditional financial instruments.

Regulation on the Horizon: With an eye on an upcoming evaluation by the Financial Action Task Force (FATF), Argentina is gearing up to issue executive orders for crypto exchange regulations. The goal? To bolster the country's anti-money laundering efforts. Open / Comment

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2024-03-08 19:08:02 High Court Reversal: Do Kwon's Extradition Takes a Detour to South Korea

In a surprising twist, the High Court has hit the brakes on Do Kwon's fast track to the U.S., with the Appeals Court slamming the initial decision for its procedural breaches. The green light for extradition has turned red, redirecting Kwon's journey.

The spotlight now shifts to South Korea, where Terraform Labs' co-founder faces allegations that have caught the attention of Interpol. The National Police Agency is orchestrating a transfer from Montenegro, a move that seems to have swayed the High Court's about-face.

It all started with a dramatic arrest at Podgorica airport, as Kwon and his partner attempted to take flight with phony Costa Rican passports. This caper added an extra layer of intrigue, blending their alleged misdeeds with the ever-evolving world of cryptocurrency in two major financial hubs.

With each turn in this international legal saga, Do Kwon's fate hangs in the balance, as he awaits his next chapter on Korean soil. Stay tuned for more updates on this high-stakes crypto drama! Open / Comment

2024-03-05 18:01:01 BTC Bulls Eyeing New Heights as Green Bitcoin's Presale Nears $2M Milestone

Bitcoin is back in the game, flexing its muscles with a 5% surge today, breaking through the crucial $65,000 barrier. With the highly anticipated Bitcoin halving event on the horizon, could this be the start of a march towards a new all-time high (ATH)?

Amidst this crypto resurgence, a fresh face has emerged - Green Bitcoin (GBTC). This eco-friendly and staking-focused project is making waves during its presale phase, attracting attention and raising over $1.6 million so far, inching closer to that impressive $2 million milestone.

Technical analysis paints an optimistic picture, with BTC breaking out of its ascending channel and eyeing the next resistance at $69K. The MACD and RSI indicators suggest further upside potential, while strong support zones at $50-52K and $59K-60K provide a safety net for any dips.

Green Bitcoin's fusion of legacy and sustainability is resonating with the crypto community. Their unique approach to "Gamified Green Staking" promises exponential rewards and has garnered interest from diverse participants eager to join this innovative movement.

With 40% of GBTC tokens dedicated to the presale and staking rewards accounting for 27.5%, it's clear that Green Bitcoin is putting its community first. As the token price hovers around $0.5742 during presale, excitement builds for its listing at an expected $0.60.

As we navigate these exciting times in the crypto market, it's important to tread carefully and manage risk effectively. But with Bitcoin bulls charging ahead and Green Bitcoin shining bright, it seems like March might just be the month for new ATHs and sustainable gains. Open / Comment

2024-03-02 20:10:14 Russia's FATF Rating Downgraded Over Crypto Regulation Shortfalls

The FATF assessment has placed Russia at a "partially compliant" level in monitoring virtual assets. The downgrade is linked to the country's 2020 rule on digital financial assets.

While the law identifies providers, it fails to specify which entities can operate as cryptocurrency providers, leaving a regulatory gap. Existing regulations only ban digital currencies for payment purposes.

Without comprehensive guidelines, illicit transactions using crypto assets have doubled in 2023 alone, according to Rosfinmonitoring.

Previously awarded high compliance, Russia's standing in the international financial community is further complicated by geopolitical tensions.

Rosfinmonitoring reports a tripling of illegal transactions using crypto assets, urging swift action to address the regulatory vacuum.

In contrast, Russia is exploring the use of central bank digital currencies for trade settlements across BRICS nations. Open / Comment

2024-03-01 19:01:26 #Bitcoin Bulls Build Strong Foothold At $60K Support, $BTC Price To Rally?

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