Polionyr Poli ◱ ◱ (@azmol) • Hey
Crypto enthusiast, amateur artist and author of interesting articles.
Publications
- Just about everything will be tokenized—but Chainlink is what makes tokenized assets truly useful.
https://blog.chain.link/stages-enriching-real-world-assets/
- Awesome news today📈📈📈📈
🔷 BTC capitalisation has reached $ 800 billion - the first cryptocurrency now ranks 10th on the list of all global assets.
🔷Hashdex has renewed its bid for the spot BTC-ETF.
🔷Binance's new CEO has assured that the compliance gaps that Binance had are a thing of the past and that the exchange is now completely different.
🔷In the past week, ~11 SAFE wallets lost $ 2.05M to phishing attacks.
🔷Coinbase is going to implement Solana to provide fast payments - Coinbase CEO.
- **Due to hackers and fraudsters in 2022 lost $11.5 billion in cryptocurrency**
As a result of hackers and fraudsters, cryptocurrency owners lost assets totaling $11.5 billion in 2022, TRM Labs analysts found out. Despite the collapse in cryptocurrency prices, the dollar volume of related crimes has barely changed since 2021. Cybercriminals are using bitcoin less and less often.
At least $7.8 billion in cryptocurrencies for 2022 was invested in pyramid schemes, while $3.7 billion was stolen. Spending on illicit substances on the darknet totaled $1.5 billion. Approximately $2 billion was stolen as a result of attacks on cross-bridges - services that offer to transfer funds from one blockchain to another. Cybercriminals are increasingly choosing this attack scheme to make the movement of assets harder to track.
Bitcoin's popularity among hackers and fraudsters has significantly decreased: while in 2016 the largest cryptocurrency accounted for two-thirds of thefts, in 2022 bitcoin will only take up 3% of such activity. Ethereum (68%) and Binance Smart Chain (19%) blockchains were more popular with cybercriminals.
Bitcoin is also losing its importance in another criminal scheme: in 2016, it was the only cryptocurrency used to finance terrorism. And in 2022, the TRON blockchain is used for this purpose - the share of assets built on this network reached 92%. The popularity of the network is due to low commissions - for the same reason, most of the turnover of the USDT stablecoin occurs here.
In May 2023, cybercriminals stole $71 million in cryptocurrency. And in June, the largest hack of the year took place - more than $100 million was stolen from users of the Atomic Wallet cryptocurrency wallet.
- I found the Windows XP background 😍 have you used it?
- **Hong Kong-based HaskKey to launch $100m regulated crypto fund**
HashKey has become the first exchange in Hong Kong authorised to provide crypto services to retail customers. On August 3, the local Securities and Futures Commission (SFC) renewed the company's licences, allowing it to legally act as a crypto trading platform operator and provide automated trading services not only to institutional but also to retail investors.
HaskKey Capital also announced plans to launch a liquid digital asset fund regulated by the Hong Kong Securities and Futures Commission (HK SFC) on 1 September. HaskKey wants to raise a minimum of $100 million for the fund and it will focus entirely on virtual assets.
This fund will invest in liquid digital assets and will be regulated by the Hong Kong Securities and Futures Commission (HK SFC).
It's worth realising that they're only looking to raise $100m, but it's unlikely that their plans will change much. Hong Kong wants to tap into the relatively vacant cryptocurrency niche, thereby attracting cryptocurrency startups and expanding the city's potential on the global stage.
And as a bottom line for us: the greater the demand for crypto, the higher the liquidity of assets and their price.
- **✨ Stress Relief at Home: Embrace Calmness and Unwind! ✨**
Life can get hectic, and we all need a little oasis of tranquility within the confines of our homes. 🌿🧘♀️ If you're feeling overwhelmed or need a break from the hustle and bustle, it's time to focus on YOU and find that inner peace! 🧘♂️💆♀️
Here are some simple yet effective ways to kick stress to the curb and embrace relaxation at home:
1️⃣ Create a Zen Zone: Designate a cozy corner in your home as your personal sanctuary. Fill it with soft cushions, scented candles, and green plants to create a soothing ambiance.
2️⃣ Mindful Meditation: Dedicate a few minutes each day to practice mindfulness meditation. Close your eyes, take deep breaths, and let go of any tension. Focus on the present moment and allow your worries to fade away.
3️⃣ Indulge in Aromatherapy: Essential oils can work wonders! Experiment with calming scents like lavender, chamomile, or eucalyptus. Use an oil diffuser or mix a few drops with a carrier oil for a relaxing massage.
4️⃣ Light Exercise: Release those endorphins with light exercise at home. Whether it's yoga, stretching, or a quick dance session, movement can help reduce stress and boost your mood.
5️⃣ Unplug and Disconnect: Set aside some time to unplug from technology and social media. Instead, pick up a book, listen to soothing music, or engage in a creative hobby.
6️⃣ Savor a Warm Beverage: Brew yourself a cup of herbal tea or hot cocoa, and savor each sip mindfully. Let the warmth of the drink comfort you and melt away the stress.
7️⃣ Pamper Yourself: Treat yourself to a self-care session. Take a long bubble bath, do a face mask, or give yourself a mini spa day at home.
8️⃣ Connect with Nature: If possible, spend time in your garden or on your balcony, surrounded by nature. The fresh air and greenery can have a calming effect on your mind.
Remember, taking care of your mental well-being is essential, and your home can be your haven of relaxation. 💕 Take a deep breath, embrace the serenity, and let go of the stress one step at a time. Share your favorite stress-relief activities in the comments below and spread the positive vibes! 🌈
- The Financial Services Committee of the U.S. House of Representatives has approved a law regulating the circulation of cryptocurrencies. In this case, we are talking about a regulatory act lobbied by Republicans. This decree: Introduces rules for the registration of cryptocurrency companies; defines digital assets as securities and commodities; prescribes research on DeFi and NFT. If the bill passes, all cryptocurrencies cannot be recognized as securities. Coins issued only in centralized networks will fall into this asset class. Issuers of these cryptoassets will be required to register with the U.S. Securities and Exchange Commission. Virtual currencies issued on decentralized blockchains will be considered commodities, not securities. Accordingly, their creators will have to register with the Commodity Futures Trading Commission. Z5 members of the committee voted in favor of the regulation, and 15 officials opposed it. The House of Representatives is controlled by Republicans, but in the Senate the majority of seats are occupied by Democrats, many of whom are skeptical of the legislative initiative of their political opponents. As a result, the law is unlikely to pass in Congress.
https://www.bloomberg.com/news/articles/2023-07-27/crypto-regulatory-framework-bill-endorsed-by-house-financial-services-committee
- Which cryptocurrencies to invest in August ?
Not only well-established coins that have been favorites of market participants for a long time, but also new coins can bring profit. Tokens going through a pre-sale campaign have high growth potential. Wall Street Memes is a coin from a well-known online community that publishes memes commented on by Ilon Musk. Since the launch of the presale, more than $17.4 million has been raised, and the value of the asset is $0.0Z22. BTC20 is an ERC-20 token that replicates the tokenomics of BTC, but is based on a proof-of-stake architecture that offers steaking rewards. Ha presale raised over null.2 million, with coins available for as little as null. Wall Street Memes The events that created the hype around GameStop stock in 2021 led to a new financial movement. Back then, regular traders challenged Wall Street, which served as the inspiration for a new token meme known as Wall Street Memes (WSM). He secret is that community support is what allows a meme cryptocurrency to thrive. With its online presence and social media accounts with over 1 million followers, Wall Street Memes already has a significant fanbase. Interestingly, the fans have been around long before the cryptocurrency was released. Utilizing their NFT collection, the team created a global presence on social media years ago.
- In July, eight so-called "dormant" bitcoin wallets, which had been inactive since 2012, emerged from more than 11 years of inactivity with several transactions. This month, about 1,216.92 BTC was transferred from the eighth of them, while the others saw transfers of 179.50 BTC and 10Z7.42 BTC.
The wallet with a balance of 10Z7.42 BTC first received coins on April 11, 2012, and since then the digital currency has remained untouched. At that time, one bitcoin was traded for only $ 4.84, and all coins were valued at a modest $ 5021. After the transaction, the owner transferred a paltry 0.00000546 BTC to the wallet. The first transaction was marked by btcparser.com service as executed with minimal concealment.
The privacy tool Blockchair.com gave the transaction a score of zero out of 100. This low privacy rating is categorized as "critical," indicating that three significant privacy flaws were discovered during the transfer. These include the identification of "matching addresses". A "critical" rating means that the identified problems seriously jeopardize the privacy of the parties involved. Along with 1,216.92 BTC sent from inactive bitcoin addresses created in 2012, three transactions were made this month from wallets created in 2011.
Two transfers took place on July 20, and the third was executed on July 21. During these three transactions, a modest 25 BTC worth 745 thousand dollars were moved. Interestingly, in June, three other dormant bitcoin addresses, dating back to 2010, with a total balance of 150 BTC worth $4.4 million, were awakened.
- The FTX exchange reports that it has started accepting customer requests for compensation. The news of this led to an increase in the price of the FTT token by 22%. In order for customers to receive their funds, they should fill out an application on the website.
The application process includes verifying the account holder, collecting and verifying data, and reviewing account transfer histories. There must also be proof of account balance as of November 11 last year.
If necessary, more digital proof of claim with the exchange's debtor claims agent is provided.
FTX officials ask that the procedure be followed clearly in order to gain full access to customer account information.
Earlier, the Japanese unit of the bankrupt FTX exchange issued a withdrawal authorization. Users could get the assets through the Liquid Group platform, which is owned by FTX.
Meanwhile, while the exchange is preparing to compensate its clients, another scandal is unfolding around it.
- Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in bitcoin, though he has previously said he has not invested in the major cryptocurrency. The investments came after his speech at the Bitcoin 202Z conference in May, when he announced that his campaign could be funded in bitcoin.
Challenging President Joe Biden, Kennedy Jr. took aim at the cryptocurrency community in his campaign. On May 3, he said that "cryptocurrencies, led by bitcoins, along with other crypto-technologies, are the main engine of innovation. In his view, it was a mistake on the part of the U.S. government to "slow down the industry and stimulate innovation elsewhere. Among his wealthy supporters are the founder of Twitter (the company is banned in Russia) and CEO of Block Inc. Jack Dorsey, who recently endorsed Kennedy.
- Jakarta 💫
- **Cryptoruble**
The Central Bank will not forcibly transfer citizens to the Russian digital currency (CBDC). People will decide for themselves in what form they should receive pensions, salaries and benefits, Central Bank head Elvira Nabiullina said in April.
In an interview with Forbes this week, Bank of Russia Deputy Governor Olga Skorobogatova said that the cryptocurrency is not a stabelcoin.
CBDC is a commitment of the Central Bank. The regulator is not only the sole issuer of the token, but also the guarantor of the state's obligations to holders of the digital instrument.
The authorities will not take any hasty steps when introducing cryptocurrency into the payment infrastructure. It will take place in several stages from 2025 to 2027. With CBDC, citizens will be able to transfer funds between wallets freely and with minimal costs.
And Skorobogatov did not rule out that the cryptocurrency will be a good alternative to the financial information exchange system SWIFT. Businesses will get a tool with which they will be able to finance export-import transactions.
- South Korea's parliament passed a law to protect users of digital assets. The impetus for its approval was the collapse of the Terra ecosystem, which was supported by Do Kwon, writes Bloomberg.
The document combined 19 different bills related to cryptocurrencies. It introduces the concept of "digital assets" and defines responsibility for offenses like using insider information, market manipulation and unfair trading practices.
The law empowers the FSC and the Bank of Korea to supervise cryptocurrency operators and custodians.
The document requires insurance coverage, reserve funds and transaction recordkeeping. The rules apply to assets like bitcoin, while existing capital markets legislation applies to security tokens.
"We applaud the authorities' attempt to clean up the mess. But the law remains TradFi-centric [...], which may stifle the industry rather than promote it," said Lee Soo-ren, chief general secretary of the Korea Blockchain Enterprise Promotion Association in Seoul.
- Federal Reserve Board of Governors member Michelle B. Bowman said the lack of clear regulations on cryptocurrencies puts financial institutions at risk. She also said there is a gap in how regulators oversee new banking ventures, including cryptocurrency-related activities: This puts banks in a dangerous position because they rely on general but non-binding statements from policymakers, which could expose them to criticism in the future.
The official added that banks could ultimately suffer if regulators don't address gaps in oversight. Changes in the supervisory approach could correct existing deficiencies and increase the capacity to adopt, develop and respond to emerging risks.
Failure to follow this approach could have serious consequences for banks using higher interest rates to meet the credit and financial needs of their customers. Bowman concluded by saying that the lack of a clear regulatory framework for digital assets disadvantages investors who have already entered the markets. The lack of a clear approach to regulation and oversight creates the risk that regulators may define new activities as unacceptable.
- Native Kazakhstan! Good news for us!
Today the exchange Binance launched a local platform for trading cryptocurrencies in Kazakhstan on the territory of Astana International Financial Center. Under the license of MFCA Binance will offer services of exchange and conversion of cryptocurrencies, creation of deposits and withdrawal of funds in fiat currencies, storage of cryptocurrency assets and spot trading. Creation of deposits and withdrawal of fiat funds will be available through two channels: bank cards (at the moment only MasterCard cards issued by Kazakh banks) and bank transfer through Freedom Finance bank without commission. In the initial period, 21 cryptocurrencies will be available on Binance Kazakhstan, and by the end of 2023 it is planned to expand the list to a hundred digital assets, according to the head of Binance Kazakhstan Zhaslan Madiev. Further plans of the exchange include providing access to corporate clients, as well as connecting foreign clients and creating a fiat channel in foreign currencies. For citizens of Kazakhstan, the exchange offers an improved service, cheaper fiat channel, simplified KYC procedure and card products to be launched by Binance later. The head of Binance Kazakhstan could not answer the question about when in Kazakhstan will appear prepaid cryptocurrency card Binance, about which the exchange is negotiating with the National Bank for several months.
- Lets see if any Lens weebs can quess which popular anime this song is from! 😄
- Binance Group has applied to the UK's Financial Conduct Authority (FCA) to revoke the registration of its subsidiary Binance Markets Limited (BML). The application was approved by the regulator.
According to Binance regional manager for development in the UK and Europe Ilir Laro (Ilir Laro), the cancellation of registration of Binance Markets had no effect on the operational activities of Binance Group, because the subsidiary company did not conduct any activities.
According to market experts, after the revocation of license BML further implementation of the intention of the parent company Binance to transfer activities in Europe is questionable, especially against the backdrop of extremely negative reaction of the U.S. regulatory authorities.
Recall that this year, Binance Group has already stopped the activities of its subsidiaries in Cyprus and the Netherlands.
- ...It seems that the future digital currency of the European Central Bank will have many limitations. A high degree of confidentiality will be required of the settlement. Personal data in digital euros must not be disclosed in any way.
Retail outlets must accept digital euros without additional service charges. Digital euros must not be programmable and must not be an alternative to bank deposits: i.e. no interest is charged on them.
Also, the ECB will have the right to introduce additional control measures. And the amount that can be kept in a personal wallet is going to be limited to 3000 digital euros. This is done to ensure that the currency of the European central bank is used mainly for everyday settlements.
It is not yet known whether the asset will work on blockchain. The European Commission will discuss issues related to the digital euro and cash circulation in Europe at a meeting on June 28.
The post Features of the future digital euro became known appeared first on Coinmania.
- TRUE OR FALCE🤔
Hacker groups Killnet, Revil and Anonymous Sudan are going to attack EU banks. The attack is expected to begin in the near future.
They notified that one of the representatives of the group Killnet said that the European banking system has not yet faced such problems that await it as a result of the planned actions of hackers.
And a spokesman for the Revil group said that the target of the attack would be the EU's banking system because money has caused "the world to go crazy." The attack is to begin within 48 hours.
Earlier, it was reported that hackers from North Korea were able to steal at least three billion dollars over several years.
- The passage of the StableCoin Act would be the first step in creating a secure market for digital assets and would also keep the dollar competitive. This is stated in the transcript of Circle CEO Jeremy Allaire's speech.
The top executive will address members of the U.S. House Financial Services Committee on "The Future of Digital Assets: Providing Certainty for their Ecosystem."
According to Allaire, it's time for Washington to take the lead in developing global rules that will determine how the dollar is used around the world. This is relevant given the decline in the currency's share of global reserves over the past eight years.
Circle's CEO noted the growing demand for "safe and secure dollars" on the Internet. It can scale to support billions of users and tens of trillions of dollars in payment activity with the right regulatory framework, Allaire added.
Threats to the U.S. dollar
The yuan could undermine the dollar's dominance in the coming years thanks to the Beijing-controlled CBDC, Allaire conceded. Failure by the U.S. to take appropriate action could have devastating consequences for the country, he added.
- **The damage to the crypto-industry from the actions of hackers affiliated with official Pyongyang was $3 billion. Half of this amount went to fund the ballistic missile program, writes The Wall Street Journal.**
Cybercriminals used a variety of schemes, including social engineering.
One of the victims of the attackers was a game studio known for Axie Infinity, Sky Mavis. On March 23, 2022, the project lost about $625 million worth of crypto-assets to users as a result of a sidechain attack.
An engineer who worked at the startup via LinkedIn was asked by a recruiter to discuss his career prospects. As part of the interview, he was asked to look at a document that acted as a "Trojan horse" and allowed hackers to gain access to the company's systems. As a result of the theft, the project was on the verge of being shut down.
The incident drew the attention of the White House.
- See through our Lens
- Good Mo! Some fresch news for you!
Circle, an American company, received a license from the Singapore authorities and will be able to legally serve local investors.
The Metropolitan Monetary Authority (MAS) has registered Circle Internet Singapore. The company received the license last month.
*Circle CEO Jeremy Alleir said, "Singapore will be part of our global expansion policy."*
The cryptocurrency company is the second, after Crypto.com, to register in Singapore.
Other fintech companies licensed by the Asian city-state's authorities include DBS Vickers, Digital Treasures Center, Fomo Pay, Independent Reserve, Metacomp, Paxos, Revolut, Sparrow Tech and Hako.
Back in February, Jeremy Alleir announced his team's plans to gain a foothold in several markets at once. To do this, Circle plans to increase the number of employees by 25%.
The next cryptocurrency company to register in Singapore could be Gemini. This bitcoin exchange has also expressed a desire to legally operate in the local market.
- **Bitcoins worth $28 million were found in the possession of a Moscow investigator**
Marat Tambiyev, head of the investigative department of Moscow's Tverskoi district committee, was accused of taking a bribe of 1,032.1 BTC (over $28 million) from hackers under investigation. This is reported by Kommersant.
According to the investigation, the suspect received the cryptocurrency on April 7, 2022 from members of the hacker group Infraud Organization Mark and Konstantin Bergmanov and Kirill Samokutyaevsky for not seizing their assets.
Bitcoin was discovered during the investigation of the corruption case against Tambiev. The investigator allegedly kept the access code to the electronic wallet with the cryptocurrency in a folder called "Pension".
On June 5, 2023, the court will consider a lawsuit to confiscate Tambiyev's corrupt income, the media reported.
In 2022, Russian courts handed down almost 15% more decisions related to cryptocurrencies than the year before - 1,758 versus 1,531.
In February 2023, bitcoin consultant Christopher Emms, who helped North Korea circumvent sanctions with digital assets, was detained in Moscow.
- **In 3 years, the Meme Cryptocurrency Overlord has turned $7,800 into $3,800,000**
A successful trader, dubbed the Lord of Memes, turned $7,800 into $380,000 in three years by trading meme-based cryptocurrencies.
Blockchain data analyst The Data Nerd reported that the meme lord was able to raise 15 times his capital by investing in Shiba Inu (SHIB), Pepe (PEPE) and Dejitaru Tsuka (TSUKA). Investments in TSUKA were the most profitable. In May 2022, the trader bought these tokens for only $300, and in July he sold them for $250,000.
The amateur cryptocurrency meme player bought SHIB in March 2021 for $2,500 and recorded a profit two months later, when the rate of the digital asset almost reached its local peak. This deal brought him $60,000. Obviously, if the trader had waited for the next bump and got rid of Shiba Inu in October 2021, the profit would have been several times larger.
The trader invested in PEPE on April 17 this year and chose to sell the tokens on May 5 after they listed on the Binance exchange. He spent $5,000 on the coins and made $70,000 on the sale.
*Moments to buy and sell PEPE tokens*
*The Data Nerd believes that the Lord of Memes knows how to invest in digital assets at the right time, so it's worth monitoring his actions to increase the likelihood of success of his deals*
- Paolo Ardoino on USDT adoption, Tether's billion-dollar profits, & plans to buy bitcoin 🟢
In this episode of The Scoop, Tether & Bitfinex CTO Paolo Ardoino talks through Tether's treasury management strategy, including the firm's recently announced bitcoin purchases and how the firm is planning to use the null.5 billion in profit generated during Q1 of this year.
Visit theblock.co/podcasts for more.
-----
Timestamps:
1:30 — USDT growth on Tron 💥
4:16 — Tether user behavior 💵
6:18 — Success in emerging markets 🪴
9:28 — US debt default & USDT 🇺🇸
14:26 — Ongoing bitcoin purchases 🌰
17:20 — Bitcoin v. other cryptocurrencies 💩
20:18 — State of the market 🥱
24:05 — What’s next for Tether? 🔭
27:00 — Tether & VC 🤝
28:56 — Regulation 🧑⚖️
-----
This episode is brought to you by our sponsor CleanSpark.
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
- **Bitcoin - conference 10 years ago and today**
Exactly 10 years ago, the conference was held with an empty room. Back then, Bitcoin was worth $100.
Today, 18,000 people are going to attend the Bitcoin 2023 conference in Miami, one of the largest tech conferences ever.
- ***If you're new to crypto...know this. Scammers can be professionals, with social media, a token and a pretty good reputation to begin with.***
A network analysis by blockchain security firm PeckShield revealed that about 1,628 ETH, the equivalent of $3 million, had been siphoned off from the Swaprum platform's liquidity pools.
The Swaprum team withdrew the liquidity provided in exchange for the platform's own token on its exchange. It subsequently sold the tokens for ETH, causing the swaprum token price (SAPR) to plummet completely, rendering the remaining tokens owned by unsuspecting investors virtually worthless.
The funds were then transferred from the Arbitrum network to Ethereum. The ill-gotten ether was laundered through Tornado Cash, a popular Ethereum mixer service, in an apparent attempt to confuse the transaction trail and keep authorities from tracing the funds.
Swaprum removes social media
Swaprum's digital footprint virtually disappeared overnight, and their social media accounts on Twitter, Telegram and GitHub were deleted. The official site, which served as the interface for the project's protocol, remains active.
Security analysts at Beosin discovered that the Swaprum smart contract contained hidden backdoor functionality.
Beosin stated, "The Swaprum deployer used the add() backdoor function to steal LP tokens supplied by users and then removed liquidity from the pool for profit. This malicious action allowed attackers to take possession of the assets at will.
This is the latest exit scam to appear in the Ethereum Layer 2 ecosystem. Last month, the developers of a decentralized exchange on the zkSync network known as Merlin disappeared with nearly $2 million in a similar scheme.
- Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
- PeckShieldAlert analysts noticed a large number of meme token transfers to Justin Sun's wallet after he said he planned to actively trade memcoins.
Several different meme tokens were gifted to Sun, including WEED, METH and NGMI. Attackers have also taken advantage of the situation - a group of scammers created a fake FOUR token, trying to pass themselves off as the founder of Tron. They are looking for gullible investors, using information that the memcoin market will grow.
Tron's founder has previously stated that he plans to trade memcoins. However, he added that this statement was not financial advice. The businessman clarified that he does not guarantee the listing of these projects on any exchange, including Huobi or Poloniex.
The PEPE meme token, which was issued in honor of Pepe the frog who appeared on the Internet as a meme nearly 20 years ago, is now gaining popularity. Last weekend, Pepecoin surpassed null billion in capitalization, but the rate soon collapsed by more than 50%. Nevertheless, PEPE is one of the few meme tokens, along with DOGE and SHIB, that is among the top 100 cryptocurrencies by market capitalization.
- The 0xScope team recorded an influx of 3 trillion **PEPE mem-tokens** worth $46.37 million to centralized exchanges over the past 24 hours. Experts warned of the risks of dumping the coin.
According to analysts, that amount includes $22.94 million in "net" deposits sent from 1,176 addresses.
The bulk of the funds are on the cryptocurrency exchange Binance - it blocked about 67 trillion PEPE. A total of 28% of all token issuance is deposited on CEX, while DEX accounts for less than 0.01%.
The ratio of coin sales and purchases is roughly equal. However, the volume of deposits still exceeds withdrawals - 61% vs. 38%, respectively.
During the last 24 hours PEPE price fell by 22%. The rate went down on May 5, the same day the coin was listed on the leading centralized exchanges. In less than a week, the meme-token collapsed from a peak of $0.00000420 to $0.00000128 - almost 40%.
- **Disney to release NFT with Star Wars characters😍**
Cryptoys will release collectible tokens based on three of the most famous characters from The Walt Disney Company's Star Wars franchise. A total of 15 "collectible digital toys" will be released. The collection will include images of Luke Skywalker, Princess Leia Organa and Darth Vader. The tokens will be issued on Dapper Labs' Flow blockchain and will cost $39.99. NFTs will be available for purchase via Google Pay and Apple Pay worldwide. The Walt Disney Company remains one of the most successful merchandise makers based on its intellectual property. So far, however, the company has barely touched collectible tokens or the cryptocurrency industry in general. At the end of March, it was reported that Disney had abandoned plans to develop and explore meta-universes. To cut costs, the entire meta-universe research department, created in early 2022 with about 50 employees, was shut down.
- Look at this good stats!
If you want to see all the information about your profile, run to the new app from Lens!
Explore your on-chain Lens activities. Hope you like it.
https://lenscan.io/
- Until next time, Tokyo ✌️
Featuring: @ethglobal.lens, @galverse.lens, and DAO Tokyo
- MUSIC IS SOCIAL 🎉🎧
We're SUPER thrilled to announce that we've integrated Music NFTs across (apps here); all built on @lensprotocol . This super-combo quickens Music Discovery within the Lens Ecosystem; collectors, we want YOU to know about this, so let's dive in 🏊♂️
Riff(@beatsapp.lens) is a Music Social dApp that connects you with your favorite artists on Web3. Built for discovery, Riff makes sharing and exploring songs with your Lens frens easy! You can also check out "Featured Drops" & "Community Panel" on Riff.
@buttrfly.lens is a Web3 social explorer built on @lensprotocol . From the Audio tab on the Explore page, you can listen to Music NFTs from Lens Protocol & mint your Music or video collection with “collect settings”. Additionally, you can explore "Curated Profiles” on Buttrfly🦋
@lenster.lens is a composable, decentralized, and permissionless social media dApp. Artists can upload tracks directly on Lenster and modulate their Music NFT catalog easy-peasy with the ‘Collect settings’. Artists like @rac.lens have gathered 2k collects on their Music NFT via Lenster
@lenstubelogs.lens is a decentralized, open-source, video-sharing social media platform built on @lensprotocol. You can upload your Music, live shows, or acoustic sessions to Lenstube, as well as video podcasts to reach a wider audience in Web3.
@amnisiac.lens is a decentralized Music Streaming app built on the Lens protocol. With amnisiac, you can smoothly view a list of all Music NFTs from the Lens ecosystem and also 'Like, Mirror, Collect' Music NFTs.
Music is social! 🌿 @LensProtocol is super-powering the Music NFT ecosystem with their emphasis on social. We suggest getting a Lens profile ASAP! Connect with artists on Lens Protocol, and start collecting their music NFTs on Oohlala! #mixtape #lensfrens
https://www.oohlala.xyz/discover/tracks?tags=PLATFORM%3ALENS&sortField=firstMintedAt&sortDirection=desc
- **Arthur Hayes: "Bitcoin will soar to null million in a banking crisis"**
Former CEO of cryptocurrency derivatives exchange BitMEX Arthur Hayes suggested that bitcoin exchange rate could soar to null million due to the bankruptcy of financial institutions. In a series of tweets Arthur Hayes shared his opinion on the current situation with banks and how it can affect the cryptocurrency market. The BitMEX co-founder is confident that the collapse of First Republic Bank will not be the last in the financial sector. Hayes expects that other local banks could have liquidity problems as the U.S. Federal Reserve (Fed) prepares to raise interest rates again. According to Hayes, the Fed either "doesn't know what it's doing, or it does and prays that the market is stupid. Either way, raising rates would guarantee the collapse of yet another bank too big to fail, Hayes wrote. He suggested that this bank's loan portfolio would be dominated by illiquid commercial real estate loans. The BitMEX co-founder noted that a crisis in the banking sector could trigger macroeconomic turmoil, which would spur bitcoin to skyrocket to null million. The Fed's response to the banking crisis would increase interest in the flagship cryptocurrency and the entire cryptocurrency space. Compared to other savings vehicles such as gold and real estate, bitcoin could be the most attractive option for investors looking to protect their savings, Hayes speculates.
- I just voted "Yes ✅" on "Poll by @yoginth.lens"
https://snapshot.org/#/polls.lenster.xyz/proposal/0xf925c956cdb2a8797fde0f6bdc598727a2944be742621a5230cc15d25d8f3f91 #snapshotlabs
- **Hello my darlings!!!**
Good news about partnership BUNDLR x LENS
Come on and read this article RIGHT NOW!
https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
- gm.
- **Americans are not happy about the digital dollar...**
U.S. Federal Reserve officials have published some of the feedback they have received from residents about the digital dollar.
Many citizens are skeptical about CBDC and fear that the use of the state cryptocurrency will:
👉Endanger the security of Americans' personal data;
👉Deprive people of civil liberties;
👉Lead to unnecessary centralization of the financial system;
👉Allow people to monitor the country.
Indiana resident Holly Bishop was also distrustful of the digital dollar and expressed concern that CBDC would allow people to be tracked around the clock. In addition, she believes that most seniors will have trouble figuring out how to use cryptocurrency, so the CBDC's digital assets could leave them without food and household conveniences.
"The best hackers and cybersecurity specialists do not work for the government. They work in the private sector. Given the previous "successes" of the authorities, it is naive to believe that officials can guarantee a reliable system based on such an asset [the digital dollar]," said one commentator.
- 💚**NFT contest**💚
We have just dropped the NFT to early Lens RU Community members and invite everyone to take part in the contest.
**Collect + mirror this post** and we'll send some more NFTs to random winners.
🌿Opensea collection🌿
https://opensea.io/collection/lensprotocolrufrens
💚**КОНКУРС**💚
Мы только что разослали НФТ ранним участникам Lens RU Community и предлагаем всем принять участие в конкурсе.
Сделайте **collect + mirror** этого поста и мы отправим ещё несколько нфт рандомным победителям.
🌿Ссылка на Opensea коллекцию🌿
https://opensea.io/collection/lensprotocolrufrens
- **Coinbase licensed in Bermuda and preparing to launch derivatives exchange**
U.S. cryptocurrency exchange Coinbase is strengthening its presence abroad. A crypto derivatives site in Bermuda could be launched next week - the company has already received a license. A Coinbase blog article reports that the exchange has received a Class F license under the Digital Asset Business Act from the Bermuda Monetary Authority (BMA). Exchange officials stressed that Bermuda's regulator has "earned everyone's respect" in the digital asset business.
*"Bermuda was one of the first financial centers to introduce full regulation of digital assets in 2018. Their regulatory environment has long been known for its high level of professionalism, transparency and cooperation," the article said.*
As part of the launch of a cryptocurrency derivatives platform in the Bahamas, Coinbase is expected to offer users trading in perpetual swaps. It is a type of futures and a fairly popular product in the cryptocurrency space. Previously, Coinbase CEO Brian Armstrong has repeatedly said that regulatory pressure in the U.S. could force the company to leave America and choose another jurisdiction.
- The U.S. government has been quite critical of the crypto sector, especially over the past couple of months. In addition, some moves by the authorities could trigger downward pressure on the bitcoin price, even though there is no bearish behavior. Analyst firm CrüptoQuant has identified four important dates-May 26, 202Z, August 7, 202Z, October 19, 202Z, and December 30, 202Z-that could trigger strong selling pressure on the bitcoin price. The blog pointed out that the first batch of bitcoin assets this year was sold by the U.S. government on March 14, and another 41,491 BTC will be sold in four installments throughout the year. The 7-Z day interval between the sale of the first batch and the next date is crucial because it reflects a possible pattern of selling strategy. Bitcoin has overcome several important resistance levels this year, as market sentiment has improved from the severe downturn of 2022. However, upcoming selling could have a negative short-term impact on the BTC price, allowing shorters to profit.
- We're at that point, a time in lensverse where the algorithm chooses for you which side you're on.
It's just like the movies. The high valued are meant to enjoy everything easily. The low valued are meant to pay for everything.
Sadly, the algorithm is not perfect and it's targeted some that are active and has the most engagement.
Well, in a move to get rid of bots and clean the ecosystem, it seems some price has to be paid. The process must go on, it thus lies in the hands of the inhabiters of lensverse to present themselves as High value accounts.
There are amazing perks on this side. Lens gets to pay your fees if that's not a lot, try paying yourself, you'll be forced to complain.
Stay creative and engage like the human you are. Don't do too much in a bid to scale your account. Engage naturally, go get a coffee, spend amazing time with your family (you don't have to be here 24/7) come back and tell us how your hangout went. Engage! Engage!! Engage!!!
If you've been valueable, keep being valuable.
The low valued account might soon find their redemption if they are seen as High value in the eyes of the algorithm.
Stay close to these accounts
@v.lens_morgan_tech @0xzelda.lens @gotenks.lens @blackjoker.lens @stani.lens @jessyjeanne.lens
- **What happened on the crypto market while everyone was asleep - review of April 17**
-Behavior of cryptocurrencies - capitalization leaders
Bitcoin (BTC), according to the resource CoinMarketCap, began Monday with a fall. As of 05:55 (MSC), the cryptocurrency is trading at $30,042 (1 token in rubles - ₽2,449,459). The bitcoin minimum in 24 hours is $29,816, the maximum is $30,555.
-Attorneys for victims of the cryptocurrency collapsed in November 2022 FTX managed to serve a claim to the American basketball player Shaquille O'Neal. Information about this appeared in the microblog of the law firm, which represents the interests of the victims.
-The founder of the company producing electric cars Tesla Ilon Musk believes that artificial intelligence is capable of destroying humanity. Such opinion the businessman shared during an interview for Fox News. Later, Musk commented on Twitter video of the conversation. In his opinion, people who do not see the risk in artificial intelligence are idiots.
- **Andrew Bailey, governor of the Bank of England, spoke about the prospects of central bank digital currencies and stablcoins, saying that they need a clear legal framework.**
When discussing the future of digital money, Andrew Bailey said that central bank digital currencies will be a key element of the financial system, but they should not supplant existing forms of money. Public cryptocurrencies will play a crucial role in the future of money, so central banks should not neglect to launch them. However, planning and preparation for the introduction of digital currencies by the central bank should be done carefully and without haste, Bailey said.
Read also:
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Justin Drake: "All ETH stacker IP addresses are tracked."
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According to Bailey, the future of Stablecoin and other cryptocurrencies remains murky, but governments will be making a big mistake if they fail to develop a regulatory framework and a favorable environment for them to develop. Despite the fact that cryptocurrencies are considered a speculative asset class, stabelcoins can be considered a form of money, said the Governor of the Bank of England. Therefore, if stabelcoins are ever recognized as such, they should be regulated on a par with traditional finance.
The U.K. has been in a "race" to develop a digital currency for the BoE for several years. In recent months, the Bank of England has been particularly active in this task. Now the British central bank is preparing to expand its digital currency development team to 30 people.
The digital British pound has already been brightly nicknamed "Britcoin. However, Bank of England Governor Jon Cunliffe explained that people should not associate the digital pound with crypto-assets, especially bitcoin.
- International crypto derivatives exchange Bitget, registered in the Seychelles, has formed a new fund for the development of Asian Web3 projects worth $100 million. According to Bitget managing director Gracy Chen, the Web3 space is rapidly expanding, and many projects need financial support for further development. The focus will be on Asian projects with experienced teams and well-developed roadmaps that will offer effective solutions to real-world problems. The initiative is backed by venture capital firms Foresight Ventures, ABCDE Capital, SevenX Ventures, DAO Make and Dragonfly Capital, which recently invested about $10 million in Bitget.
This is not the first fund launched by the exchange. Last year, Bitget launched a $200 million fund to protect investors and restore their confidence in cryptocurrencies amid a prolonged bearish trend in the market. As a reminder, Bitget recently integrated BitKeep's decentralized multichain wallet services to improve the security of crypto-assets storage.
-
**ChatGPT is leaving Italy?**
Italy's national privacy regulator ordered the blocking of ChatGPT, accusing OpenAI of "illegally collecting personal data.
According to a GPDP press release, the company had no legal basis for collecting confidential information.
The regulator also accused OpenAI of lacking a mechanism to deny children access to the service. According to GPDP, the tool "exposes minors to completely inappropriate responses compared to their level of development and self-awareness."
The company was ordered to immediately stop collecting data from Italian users until it changes the way it collects personal information.
OpenAI has 20 days to comply with the GPDP's demands. Otherwise it faces a fine of €20 million or 4% of its annual turnover.
A spokesman for OpenAI has confirmed the blocking. The company also denied the accusations made by the Italian authorities.
At the time of publication, ForkLog AI was unable to access ChatGPT using an Italian VPN. The firm promised a refund to subscribers of the premium version of the chatbot for March.
- Karşıyaka/İzmir