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Archi

@archan

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Archi
@archan
The team of the decentralized network of oracles Chainlink together with the global network of financial information exchange SWIFT presented a new solution for the interaction of banks with blockchain technology. It will allow calculations in digital assets, combining the traditional finance sector with decentralized financial protocols (DeFi).
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Director of Official Gredo Nnamdi Okereke has concluded a guilty plea agreement with the Nigerian Economic and Financial Crimes Commission (EFCC). According to the agreement, Judge Inyang Ekwo decided to confiscate 140 million Nigerian naira (about $85,205) from the Official Gredo account and transfer funds to the EFCC account. The judge also ordered the company to pay a fine of 1 million Nigerian naira ($608) to the federal government of Nigeria. The defendant must pay the specified amounts within fourteen days, otherwise Okereke may be detained.
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The Indonesian authorities seized $200,000 from crypto fraudsters with the help of Binance. In November 2023, the Indonesian Criminal Investigation Agency (Bareskrim) opened a fraud case using a fake cryptocurrency trading site. Later, law enforcement agencies managed to find out that the site was part of the pig cutting scam scheme. During the investigation, several people were arrested who participated in the management of bank accounts and cryptocurrency wallets, which received funds stolen from the victims.
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PayPal Holdings, Inc. announced that it provides its American sellers with the opportunity to buy, store and sell cryptocurrency directly from its PayPal business account. At the time of launch, this feature for business accounts will not be available in New York State. Today's announcement is another step by PayPal to increase the usefulness of cryptocurrency by providing advanced functionality to millions of sellers in the United States.
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Visa assured that the intention to provide practical assistance and recommendations for banks on the creation and use of digital asset market tools are part of the corporate strategy of an international processing company.
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The team of the largest decentralized cryptocurrency forecast market Polymarket plans to launch its own token and raise $50 million. According to The Information journalists, as part of the financing round, the company can offer investors options for the purchase of tokens, shares in the share capital, or a combination of these assets.
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One of the largest cryptocurrency exchanges Bybit reported that Muslim investors can use its new service, namely an Islamic cryptocurrency account. According to the information published on the exchange's website, 75 cryptocurrencies and two trading bots - DCA Trading Bot and Spot Grid Bot - will be available for customers. At the moment, customers can use 19 assets, including bitcoin, ETH, Solana, Polygon, Litecoin, Cardano and other cryptocurrencies.
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Fraudsters are increasingly using cryptocurrency exchanges to carry out operations. This is evidenced by the data of the Bybit trading crypto platform, which discovered that in the first half of this year suspicious transactions worth almost $1 billion passed through it. The crypto exchange recorded unusual requests for withdrawal of funds totaling $940 million. More than 8.4% of them were identified as fraud attempts. In addition, Bybit was able to prevent the loss of user assets worth more than $79 million thanks to enhanced security measures.
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The decentralized credit platform Shezmu managed to return at least part of the stolen cryptocurrencies worth $4.9 million. On September 21, it became known that a hacker hacked one of Shezmu's crypto storages or used a bug to issue ShezmuUSD (SHEZUSD) stablecoins and pledge these coins with various digital assets, actually stealing them. Shezmu representatives offered the attacker to return 90% of the stolen virtual currencies within 24 hours to avoid problems with the law. However, the person who attacked the platform demanded to increase the size of the reward to 20%, and the employees of the credit platform agreed.
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The High Court of Great Britain recognized USDT stablecoins as property. The decision of the High Court states that USDT coins are a special form of trust property not based on basic legal right. Legal approval of USDT equates this stablecoin to valuable assets and allows owners to seek legal protection in cases where a crypto asset has been stolen or when the right to own is disputed.
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@archan
Enjoy my new NFT collection Broken Heart on zora
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Before this transaction, Galaxy Digital allegedly owned 8,100 bitcoins, that is, the organization got rid of 18% of the stock of coins. Most members of the crypto community agree that this is bad news for BTC. According to one of the commentators of the publication on the transfer of digital assets, the management of Galaxy Digital decided to sell cryptocurrency, waiting for the September dump. Therefore, traders are reasonably afraid that the downward trend in the BTC market will soon accelerate.
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Mike Novogratz's cryptocurrency company Galaxy Digital unexpectedly sold bitcoins worth $78.5 million for many. Employees of the research firm Lookonchain reported that on September 6, 1458 BTC were transferred from the Galaxy Digital crypto wallet to the Coinbase Prime brokerage platform, apparently for subsequent sale.
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Polymarket users lost $270,000 due to the release of Pavel Durov. On Wednesday, August 28, the French authorities released the founder and CEO of Telegram on bail. This decision caught many users of the Polymarket platform by surprise, who relied that Pavel Durov would be under arrest until October 2024.
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Guys, how are you? What advice can you give to novice crypto investors?👇 😉
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Cynthia Lummis announced a bill to create a state reserve of bitcoins in the amount of 1 million coins. The creation of the reserve will strengthen the dollar against the background of increasing inflation and maintain the U.S. leadership in the global financial system. The first cryptocurrency, the senator insists, must be kept on America's balance sheet for at least 20 years, and the only thing you can spend bitcoins on is the repayment of public debt, which has now exceeded $34 trillion. The bill will require the creation of a decentralized secure bitcoin storage network managed by the U.S. Department of the Treasury.
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@archan
There are several main directions in the world of cryptocurrencies: 1. Digital currencies: This is the first and most common direction of cryptocurrencies. Examples of such currencies are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and many others. Digital currencies can be used for online payments, investment and as a means of long-term storage of value. 2. Decentralized Finance (DeFi): DeFi is an ecosystem of financial applications and services built on the blockchain. It allows people to participate in financial transactions, such as lending, exchange and insurance, without having to contact traditional financial institutions. 3. Investment and trading: Many people use cryptocurrencies to invest and trade on cryptocurrency exchanges. This may include long-term investment, short-term speculation or the creation of portfolios of various cryptocurrencies.
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Cryptocurrencies are digital assets that use cryptography to ensure the security and anonymity of transactions. There are many different cryptocurrencies, each of which has its own characteristics and applications. Some of the most popular cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and many others. Cryptocurrencies can be used to buy goods and services, as well as to invest and trade on cryptocurrency exchanges.
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In 2013, an alternative cryptocurrency called Dogecoin was created. This cryptocurrency was inspired by a popular internet meme featuring a Shiba Inu dog named Doge. Despite its humorous roots, Dogecoin has become quite popular and has even been used to raise funds for charities and sports team sponsorships. This example shows that cryptocurrencies can not only be a serious financial instrument, but also have a playful and social nature.
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What do you think about the new BMW m5? In my opinion, BMWs are not the same cars as before
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