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10 декабря 2022 08:42

Fresh crypto rate on your screens!

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09 декабря 2022 16:26

Sam Bankman-Fried supported the idea of re-issuing the FTX utility token

Former FTX CEO Sam Bankman-Fried supported a proposal by Crypto Banter founder and CNBC Crypto Trader host Ran Neuner to restore confidence in the utility token of the bitcoin exchange going through bankruptcy.

“That would be a productive way for the parties to explore! I hope that the current teams will implement this [Neuner's idea], ”Bankman-Fried responded.

The founder of Crypto Banter proposed to restart FTX by issuing a new platform utility token and distributing it to creditors and account holders.

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09 декабря 2022 09:03

In the EU, crypto companies will be required to report customer data to tax authorities

The European Commission plans to oblige virtual asset providers (VASPs) to transfer information about user accounts to national fiscal services.

The initiative is being implemented as part of the forthcoming eighth directive on administrative cooperation (DAC8). It will apply to stablecoins, crypto derivatives and NFTs.

“Anonymity means that many digital asset owners who make significant profits do not come to the attention of national tax authorities. This is unacceptable,” said EU tax commissioner Paolo Gentiloni.

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09 декабря 2022 08:56

Good morning! How is your mood? Fresh crypto rate!

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08 декабря 2022 11:08

Study: Only 8% of Americans have a positive attitude towards cryptocurrencies

A new CNBC poll showed that American attitudes towards cryptocurrencies have deteriorated significantly amid the collapse of the Terra ecosystem and the bankruptcy of the FTX crypto exchange.

If back in March of this year, 19% of respondents had a positive attitude towards digital assets, now the figure has fallen by more than 2 times, and amounted to 8%. At the same time, the number of respondents who do not like cryptocurrencies increased from 25% in March to 43% in November.

The survey, which took place between 26 and 30 November this year, involved 800 people. The sample is quite small, so it may not accurately reflect the attitude of Americans towards cryptocurrencies.

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08 декабря 2022 07:52

Kevin O'Leary Defends Sam Bankman-Freed

Investor and Shark Tank star Kevin O'Leary told Yahoo Finance that he believes ex-FTX CEO Sam Bankman-Freed is innocent until his alleged fraud is proven.

“I am one of those who believes: “You are innocent until proven otherwise.” This is my belief, and I need facts. Therefore, if you tell me that you did something or not, I will believe you. Until I discover that this is a lie, ”said the investor.

In his opinion, it is necessary to audit the collapsed platform in order to return at least part of the investors' money. He noted that thanks to blockchain technology, all transactions of the exchange are 100% verifiable, and “the truth will be known.”

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07 декабря 2022 19:42

Spain fan token plunged 48% after defeat to Morocco

The defeat of the Spanish national team at the World Cup in Qatar brought down the team's fan token (SNFT) - from above $0.09, it fell to $0.03 at the moment.

On December 6, Qatar hosted the 1/8 final match of the 2022 World Cup between the national teams of Spain and Morocco. Luis Enrique's team lost in the penalty shootout with a score of 0:3.

According to CoinGecko, SNFT lost 48.1% over the past 24 hours. At the time of writing, the fan token is holding above the $0.048 mark.

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07 декабря 2022 19:27

5 years ago, in 2017, BTC was worth $2,000 more than it is now.

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07 декабря 2022 17:00

Changpeng Zhao Calls Sam Bankman-Fried 'The Greatest Fraudster'

The head of Binance Changpeng Zhao called the founder and former CEO of the bankrupt FTX exchange Sam Bankman-Fried (SBF) "one of the greatest scammers in history."

“He is also a master manipulator when it comes to the media and key opinion leaders,” Zhao (CZ) added.

Zhao also dismissed the notion that the SBF "had good intentions but made certain mistakes". CZ emphasized the FTX founder's "endless drive" to portray himself and other people as the "bad guys" and himself as "the hero."

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07 декабря 2022 10:15

Popular music player Winamp adds NFT support

The well-known audio and video player Winamp has been updated to version 5.9.1. The developers have added support for audio NFT in ERC-721 and ERC-1155 formats.

Winamp now supports music collection tokens on the Ethereum and Polygon networks. To listen to NFT, users must connect the MetaMask wallet to the player using a browser (Brave, Chrome and Firefox are supported). Music in the form of NFT is played as a normal mp3 file.

“Accessibility and innovation are at the core of the Winamp player, which is why we are proud to present the first standalone player that reads NFT audio like any other existing format. We are now supporting innovation as more musicians explore the Web3 space and its potential,” said Winamp CEO Alexandre Saboundjian.

Player developers plan to further develop support for Web3 and NFT.

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06 декабря 2022 16:18

The Wolf of Wall Street Jordan Belfort: Stay away from cryptocurrencies now

The former stockbroker urged investors to allocate only a small portion of the portfolio to bitcoin and ether, and invest the rest in traditional assets and exchange-traded funds.

Ex-trader, known by the nickname "The Wolf of Wall Street", Jordan Belfort, who previously predicted the collapse of the FTX exchange, urged investors to stay away from all cryptocurrencies except bitcoin and ether:

“Besides these two coins — Bitcoin and Ethereum — I wouldn’t touch any cryptocurrency right now, even with a ten-foot pole.”

For investors who have invested in cryptocurrencies other than Bitcoin and Ethereum, The Wolf of Wall Street advises to remain calm, not to panic and not start selling assets at the very bottom.

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06 декабря 2022 08:16

Standard Chartered: Bitcoin could drop to $5,000 in 2023

Analysts of the transnational financial corporation Standard Chartered have named the events of the next year that will affect the quotes of the first cryptocurrency.

Bitcoin could crash in 2023 — the price of BTC, experts say, could fall to $5,000. According to Eric Robertsen, head of global research at the company, the profitability of many technology companies has dropped markedly along with their shares, and despite the slowdown in the sell-off bitcoin, the damage to the industry has already been done.

Standard Chartered believes that technology stocks will fall even lower - probably after this, many companies associated with cryptocurrencies, blockchain or non-fungible tokens will go bankrupt. And cryptocurrency startups will face a lack of funding.

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05 декабря 2022 18:12

Timex opens order for 500 watches with NFT Bored Ape

The American watch manufacturer Timex Group, together with the Bored Ape Yacht Club community, will release a batch of collectible watches with the image of a monkey on the dial.

The owner of non-fungible Bored Ape Yacht Club tokens from mid-December can order a watch with an NFT image from his own collection on the dial, case and strap for 2 Ether or $2,500. Under each wristwatch, their digital versions will be released in the form of NFTs. Collectors will be able to receive the finished watch in the second quarter of 2023, the manufacturer promises.

“We are redefining and expanding the boundaries of virtual and now physical products.”

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05 декабря 2022 13:33

Pakistan prepares to launch central bank digital currency

The State Bank of Pakistan (SBP) has announced that it is preparing a legislative framework to launch a central bank digital currency (CBDC) by 2025.

The laws should apply to non-banking organizations wishing to obtain licenses for electronic money transactions (EMI) that offer payment instruments. The World Bank is reportedly involved in the development of the rules.

Pakistani Finance Minister Asad Umar assured that the use of EMI to promote the digital economy will protect financial institutions from cybersecurity threats. With the help of digital currency, the Central Bank plans to reduce the level of corruption and level the disadvantages of its own fiat currency.

“This new category of organizations should complement our efforts to create an enabling environment for trade and commerce. It should also help enterprises increase productivity and contribute to international competitiveness,” the official said.

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05 декабря 2022 10:27

Vitalik Buterin advised desperate traders to focus on technology

Buterin made this recommendation in response to a tweet by crypto investor CoinMamba, who wrote that after 9 years of working with crypto assets, he was tired, he wants to do something else in life, and in general he is tired of hackers, scammers and scammers in this industry. Many traders have similar sentiments, so Vitalik Buterin suggested that they distance themselves from the trading and investing environment and pay more attention to technologies and applications.

Buterin thinks it's better to learn zk-SNARK zero-knowledge proof technology, attend an industry event in Latin America, read notes until you have all the EIP numbers memorized.

The Daily Gwei YouTube host Anthony Sassano agreed with Buterin, saying that the bear market is the perfect time to take a break from watching it and learn more about the technology.

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09 декабря 2022 18:52

Coinbase will allow you to convert USDT to USDC with zero commission

Coinbase has announced that it will begin encouraging users to convert their Tether (USDT) stablecoin to USD Coin (USDC). The company said that the events of recent weeks have put some stablecoins to the test, and users have begun to look for a replacement for their usual coins - USDC, Coinbase assures, is a reliable alternative.

The crypto exchange announced that USDC is a unique cryptocurrency as it is 100% backed by cash and short-term US Treasury bills held in government regulated financial institutions. The company is convinced that the stablecoin can always be exchanged for dollars in a ratio of 1:1:

“Our clients demand transparency. USDC is certified monthly by one of the largest auditing companies in America, Grant Thornton. Coin holders earn up to 1.5% per annum using their assets in USDC.”

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09 декабря 2022 11:28

In the United States proposed to study the impact of bitcoin mining on the environment

US lawmakers have introduced a bill that requires the Environmental Protection Agency to conduct a comprehensive study of the impact of the mining industry on the environment.

The agency must also report on greenhouse gas emissions from industrial facilities with a power consumption of more than 5 MW.

The bill was sponsored by Representative Jared Hoffman and Senator Edward Markey. They noted that the share of bitcoin mining in total electricity consumption in the United States has already reached 1.4%. This volume is sufficient to cover all households in the country.

According to them, the industry generates as much greenhouse gas emissions as seven million gasoline-powered cars.

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09 декабря 2022 09:00

In the Russian Federation began to track unscrupulous owners of bitcoin wallets

A digital service has been introduced in Russia to identify unscrupulous owners of crypto wallets. This was announced in an interview with TASS by the head of the GUEBiPK of the Ministry of Internal Affairs of the Russian Federation, Andrey Kurnosenko.

The service "Personal account of a law enforcement agency" with the help of an analytical module quickly receives information from all over the country about financial risks for the economy.

The module for monitoring cryptocurrency transactions is integrated into the system.

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08 декабря 2022 16:58

Sam Bankman-Fried's Parents Won't Be Teaching at Stanford University Next Year

Sam Bankman-Fried's father, a law professor at Stanford University, canceled a class he was supposed to teach this winter after criticism over a $16 million real estate purchase.

The mother of FTX cryptocurrency exchange founder Barbara Fried is also not listed as a teacher for any of the Stanford University courses next year. She stated that this was due to a "long-planned" decision to retire and "has nothing to do with anything else".

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08 декабря 2022 07:57

FTX hires financial forensics to find missing client funds

The Wall Street Journal reports that the FTX exchange restructuring team has hired financial forensics from AlixPartners to search for missing client funds.

The forensics team will be led by former U.S. Securities and Exchange Commission (SEC) chief accountant Matt Jacques and tasked with tracing and recovering missing digital assets.

For example, the team will track funds withdrawn from exchange wallets on November 11th. As reported, the withdrawal was made to save clients' funds, but since then the assets have been transferred to various cryptocurrency mixers and exchanges for laundering.

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08 декабря 2022 07:34

Good morning! Fresh crypto kuos is here ☺️

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07 декабря 2022 19:36

US congressman fined $15,237 for promoting LGB token

According to the committee's report, Madison Cawthorn improperly promoted the LETSGO meme cryptocurrency for personal gain. After making an unreported $150,000 purchase of LETSGO in December 2021, Cawthorne posted unsolicited promotional comments on social media. The committee alleges that Cawthorne was able to transact using these tokens on better terms than those available to the general public.

An unknown user received $150,000 from Cawthorne for 180 billion LETSGO. According to the report, the parliamentarian still owns 15.3 billion LETSGO. The committee calculated a difference of $14,237 between Cawthorne's payment and the average value of the tokens during the period he received them as a gift. The committee deemed it appropriate that the congressman pay a $1,000 fine for refusing to report a token purchase, as well as a $14,000 fine that would go to charity.

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07 декабря 2022 17:06

Kazakhstan adopted a bill on taxes for miners

On December 7, the Mazhilis of Kazakhstan approved the bill “On Digital Assets” and four related regulations on the regulation of mining. At the next stage, the documents will be sent to the Senate for approval.

Cryptocurrency mining activities are subject to mandatory licensing.

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07 декабря 2022 16:26

US court unveils charges against OneCoin partner

The Court of the Southern District of New York has released an indictment against Luxembourg citizen Frank Schneider, who is associated with the OneCoin cryptocurrency pyramid.

On December 5, prosecutor Damian Williams filed a corresponding request. This is a closed document dated September 2020.

According to the report, Schneider was charged with wire fraud and money laundering. According to the authorities, OneCoin participants tricked "people around the world, including in the Southern District of New York" into investing in a pyramid scheme.

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06 декабря 2022 16:21

Metallica warns fans of increased crypto scam activity

Metallica took to social media to its fans to warn them of a cryptocurrency scam that has surfaced online following the announcement of the band's new album, 72 Seasons.

Metallica's appeal followed the news that one of the fans of the band's work was involved in a scam with crypto assets through a fake Metallica YouTube channel and lost $ 25,500. The fake channel broadcast the message that in honor of the release of the new album, all Metallica fans received a unique chance to double their cryptocurrency investments.

“Unfortunately, the ugly side of social media has surfaced. Many of you have reported to us about YouTube channels and livestreams, as well as websites claiming to offer a Metallica Crypto giveaway. Please remember, this is a scam,” the group said in a statement.

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06 декабря 2022 08:19

Lawyer Ira Sorkin told Sam Bankman-Freed to shut up

A lawyer who previously defended the organizer of a large financial pyramid believes that the founder of the FTX crypto exchange, justifying himself to the community, only aggravates his position.

According to Ira Sorkin, the attorney who represented Bernie Madoff in court, Sam Bankman-Fried's statements will not change the public's view that he was behind the FTX collapse:

“Sometimes clients think they are smarter than their lawyers. This guy is 30 years old and no smarter than his lawyers. Lawyers have to tell him every five minutes to shut up. But sometimes clients do not obey, ”the lawyer complained.

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06 декабря 2022 07:24

Good morning! Fresh crypto rate!

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05 декабря 2022 18:05

Mike McGlone: Not everyone will survive the last stage of the fall of the cryptocurrency market

Bloomberg Intelligence Senior Commodity Strategist believes that cryptocurrencies are now in the last phase before hitting the bottom.

Mike McGlone warned that this phase will be very difficult for investors and companies to get through:

“Usually markets don't just form a V-bottom. They make it as hard as possible with a lot of volatility, taking money from all investors.”

The Bloomberg analyst noted that investors are now experiencing not just a crypto winter, but the fall of all traditional markets, with the exception of commodity markets. According to him, until the commodity market starts to fall, the US Federal Reserve Service (FRS) will continue to raise the base interest rate.

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05 декабря 2022 10:32

University of Hong Kong Launches Masters of Science Course in Blockchain

The Hong Kong Polytechnic University has introduced a course for the preparation of masters of science in the field of blockchain "Master of Science in Blockchain Technology". This is the first course of its kind in the city.

The course is designed for undergraduate graduates in computer technology, mathematics and other related disciplines, as well as professionals in the field of blockchain. With a full-time study, a Master of Science degree can be obtained in a year, and with a part-time study, the course lasts 2 years. Tuition is about $40,000.

“The training program is designed for professionals in the field of blockchain and related technologies. The course will allow you to analyze and design, implement and evaluate systems, products and services. Key fintech technologies and applications are covered, including security, regulation, and compliance.

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05 декабря 2022 09:59

Bankman-Fried declined an invitation to speak before the US Congress

Former FTX CEO Sam Bankman-Fried declined a direct response to an invitation to speak at a House Finance Committee hearing.

On December 2, committee chair Maxine Waters invited Bankman-Fried to participate in the December 13 meeting.

“We appreciate your sincerity in the discussions about what happened with FTX. Your willingness to speak to the public will help the company's clients, investors and others," the congresswoman wrote.

In response, the founder of the exchange stated that he would appear on Capitol Hill when he had finished "studying and reviewing what happened."