dmos 🎭 pfp

dmos 🎭

@deq3ator

313 Following
128 Followers
dmos 🎭 pfp
dmos 🎭
@deq3ator
🕵️‍♂️ The SEC (https://www.sec.gov/newsroom/press-releases/2024-95) has charged the co-founders of NovaTech with running a financial crypto pyramid scheme, through which they collected $650 million from investors. The pyramid scheme network involved 200,000 clients worldwide, with users being deceived by partial payouts funded by other investors instead of receiving real returns.
0 reply
0 recast
1 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
⛏ Bitcoin miners' daily revenue has hit a new yearly low of $2.5 million, a level last seen in October 2023. For comparison, during the first four months of 2024, miners were earning around $6 million per day.
0 reply
0 recast
1 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🚗 The California Department of Motor Vehicles has digitized 42,000,000 vehicle titles using the Avalanche blockchain. This move aims to simplify the process of transferring ownership between vehicle owners. This initiative is one of the first steps in the governor's plan to integrate blockchain solutions into the operations of state agencies. We want to prove that the technology works at scale and enables other jurisdictions to adopt similar approaches.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🇦🇷 In Argentina, the first company with cryptocurrency on its balance sheet has been officially registered. In June, the President of Argentina confirmed his plans to create a multi-currency environment in the country, affirming the possibility of using crypto for business. Additionally, a resolution was adopted in Argentina that allows companies to receive contributions in digital assets.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
I wasn't able to access the full Washington Post article, but here are the main points based on the information you provided: 1. Control over AI Equals World Control: Sam Altman emphasized that those who control advanced AI will essentially control the world. He stressed the importance of investing in the next generation of AI innovators, researchers, and engineers right now. 2. ChatGPT and Propaganda: Altman acknowledged the potential use of ChatGPT to propagate certain values, suggesting that it might already be happening. 3. AI and Employment: Altman argued that AI will not eliminate jobs. Instead, the advancement of AI will lead to the development of new infrastructure, which will require human maintenance and oversight. 4. Global AI Competition: He mentioned that the competition for global dominance has already begun, with "democratic" AI competing against "authoritarian" AI. 5. US Leadership in AI: Currently, the United States leads in AI development, according to Altman.
0 reply
0 recast
1 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
👀 U.S. presidential candidate Robert F. Kennedy Jr. has announced his intention to push the government to add Bitcoin to its balance sheet equivalent to the value of gold if he is elected. Currently, the U.S. government holds 8,134 tons of gold. This is equivalent to $615 billion or more than 9.17 million coins out of the total 21 million. While this is not feasible at present, it could become possible as the value of Bitcoin increases.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
A solo miner with a hashrate of 3 TH/s mined block 853,742 into the Bitcoin blockchain (https://twitter.com/ckpooldev/status/1816216325108175245), earning a reward of $212,000 including transaction fees. Analysts noted that with such a hashrate, the chances of finding a block are 1 in 1,200,000.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
📊 Some analysts note that the Hash Ribbons indicator has "given a positive signal for BTC" — every time this happens, a "price explosion" follows.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🐋 The cryptocurrency companies preparing for IPOs might gain new momentum if Donald Trump wins the upcoming election. Among these companies are Circle, the co-issuer of the USDC stablecoin, the cryptocurrency exchange Kraken, the mining company Northern Data, and others that have faced regulatory challenges under the current SEC Chairman Gary Gensler. Trump, known for his support of free markets and business initiatives, might change the SEC's approach, facilitating the public listing of cryptocurrency companies. His policies, aimed at strengthening the U.S. position in the sector, could negatively impact offshore competitors. This includes the Chinese mining company Bitmain, especially considering the emergence of American chip manufacturers like Jack Dorsey's Block.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
The meme token KAMA, dedicated to Biden's successor Kamala Harris, hit an all-time high following yesterday's announcement. The token's price surged by over 80% in just 24 hours. Kamala Harris's odds of becoming president increased by 26%, according to data from the prediction platform Polymarket.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
👀 The United Kingdom might also sell its BTC Rachel Reeves, the Chancellor of the Labour Party, may need to sell the confiscated crypto assets to finance her economic plans. One of the government's marked wallets contains 61,245 BTC (approximately $4 billion).
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🌪 Tornado Cash remains popular despite sanctions — the volume of new deposits in the crypto mixer increased by $1.9 billion in the first half of 2024. According to analysts, from January to June 2024, 50% more deposits were transferred to Tornado Cash than in the entire year of 2023.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
👀 More than 36% of BTC from the MtGox exchange has been distributed among creditors — the trustee holds over 140,000 BTC, which will be distributed over time. Most analysts believe that only a small portion of users will sell their BTC, and the effect of such sales will be minor and short-term.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
Bitcoin's price tested $65,000 before undergoing a slight correction. Ethereum's price approached $3,500. The rapid market growth has influenced investor sentiment—the "Fear and Greed Index" has risen to 65 points, now indicating "greed."
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
Amid Bitcoin's rise to $60,000, some experts have expressed caution, considering its position to be not too secure. Technical analyst Ali pointed out that the asset is still trading below the 200-day simple moving average (SMA). "Wait for a sustainable break above the 200 DSMA to confirm the continuation of the upward trend," he advised. Trader Daan Crypto observed a pattern: recently, Bitcoin has been moving up on weekends but falling again at the start of the week. He linked this dynamic to trading on the CME, after which prices tend to drop. However, analyst and MN Trading founder Michaël van de Poppe declared the beginning of a "new cycle" in the market.
0 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🎂 On the eve of Binance's seventh anniversary, the CEO of the crypto exchange, Richard Teng, shared statistics and plans. In his opinion, such a long tenure in the market has made the company a "seasoned veteran." The number of users on the trading platform has exceeded 200 million, and the record number of requests per second reached 2.58 million. "Throughout our seventh year, our attention to regulatory compliance, already quite significant, has become even stronger. [...] Now we have licenses in 18 jurisdictions — more than any other centralized crypto exchange," Teng emphasized.
1 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🍿 Mt. Gox has officially announced the commencement of payouts (https://www.mtgox.com/img/pdf/20240705_announcement_en.pdf). The first creditors have received their payments in accordance with the Rehabilitation Plan. Payments to the remaining creditors will be made promptly once all conditions are met: — Verification of the validity of registered accounts and other issues. — Creditors' agreement to participate in the process. — Conclusion of discussions between the trustee and designated cryptocurrency exchanges regarding the payments. — Confirmation that payments can be executed safely and securely.
1 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
🐋 Goldman Sachs plans to launch several tokenization projects by the end of the year, targeting the US and European markets. One project will focus on funds in the US, while another will target European debt capital markets. Additionally, the investment giant plans to create a marketplace for tokenized assets.
1 reply
0 recast
0 reaction
dmos 🎭 pfp
dmos 🎭
@deq3ator
Kaiko has recorded an increase in the use of euro-pegged stablecoins following the implementation of the MiCA cryptocurrency regulation law in the European Union. Today, the share of stablecoins on the European market that comply with MiCA is only 12%. Due to the lack of alternatives in the market, issuers Circle and Societe Generale-Forge are reaping the most benefits. Notably, yesterday Circle integrated EURC into the Base L2 network.
1 reply
0 recast
1 reaction