It's real but that's not invested money, it's confiscated money.
ABDULATIF2024
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đđşđ¸ U.S. Government Wallet
In addition to $17 billion in BTC currency and $133 million in ETH currency, the U.S. government holds $37 million in #BNB currency, as well as #TRX and #UNI, and #LINK.
Much can be done called decentralized, but you cannot wash your hands as if nothing happened; some governments will have to be given explanations for not acting.
BeInCrypto Brasil
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Lazarus concludes laundering of stolen funds from Bybit
The Lazarus Group has already washed all the funds from the recent Bybit hack. The group used THORChain's DEX to convert ETH tokens, generating criticism from the community.
Some users blamed THORChain validators for negligence, claiming they could have stopped the transactions. Others defended the platform, stating that it is an open-source and decentralized organization, not a law enforcement agency.
Lazarus laundered money from Bybit
Arkham Intelligence, the blockchain analysis platform, revealed a new development in the recent Bybit hack. The company offered a reward for information about the incident, discovering that the Lazarus Group was responsible. Today, it confirmed that all funds from the Bybit hack were successfully laundered.
Anatoly Yakovenko, co-founder of Solana Labs, has expressed skepticism about the idea of a strategic cryptocurrency reserve in the U.S., arguing that government involvement would undermine decentralization and that his preference would be to have no cryptocurrency reserve at all.
"My order of preference is as follows: 1. No reserve, because if you want decentralization to fail, you will put the government in charge of it," Yakovenko said on Thursday on X.
As an alternative, he proposed that individual states could manage their own reserves instead of the federal government, acting as a safeguard against possible mistakes by the Federal Reserve. "2. Or that states manage their own reserves as a safeguard against Federal Reserve mistakes," he said.
If a national cryptocurrency reserve must exist, Yakovenko's third preference is that it be structured around "objectively measurable requirements", meaning likely clear and rational criteria. He also stated that Solana could meet any defined parameters if such requirements were established. "I donât care what they are, they can even be constructed in such a way that only Bitcoin meets them at this moment, they just need to be objectively measurable and rationally justified," he said. "If there is a target to exceed, the Solana ecosystem will achieve it". #WhiteHouseCryptoSummit #sol $SOL
Trump spoiled the party for us with this tweet đ¤Śđť, for those of us who were short on $SOL. The liquidation was devastating. âĄđŠď¸đĽş
The announcement is very good for the crypto ecosystem, especially for $XRP $ADA and $SOL because they are now considered federal reserves.
An excellent long-term investment with these cryptos that should already surpass 80% of the assets in the hands of Americans.
Very bad news for $BTC $ETH because the poles of investment will change. Will we now see China and Russia opting for federal reserves in some crypto or will they leave the USA alone? I don't think so.
Welcome to a stage where the powers will acquire some crypto to pay their debts at the expense of millions of innocent users.
The only thing they do is confirm that it's high risk to put your capital there. They allow criminals to launder money đ¤Ł
Parrot Bamboo Crypto
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Bullish
đ¨â Bybit requested eXch to freeze stolen funds after hackers began laundering #ETH through their platform without KYC, but eXch declined the request. â ď¸ eXch responded that Bybit had previously labeled cryptocurrency from their platform as "high-risk assets." Since past efforts to resolve issues with Bybit failed, eXch stated they see no reason to cooperate. Whatâs your take on this situation?
They have been saying the same thing for about 5 years and have never been able to control cryptocurrencies.
Cryptopolitan
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Mainland China Courts Rule Crypto Has No Legal Currency or Protection Status in Investor Dispute
Chinaâs Jiangsu Provincial High Peopleâs Court recently released information about a foreign-related case involving a 15.74M yuan cryptocurrency contract gone bad between Singaporean investor, Pan Moumou and Chinese citizen, Tian Moumou.Â
Chinaâs regulation of cryptocurrencies has always been strict. While citizens of China are allowed to own and trade digital currencies, the country does not recognize digital assets as legal tender.Â
As such, Chinese laws assert that whatever risks are attached to contracts or agreements involving cryptocurrencies will be borne by the contractors, and the law cannot protect them. This is especially the case in the Pan and Tian dispute as it involves a foreign organization.
The âMFA Blockchainâ investmentÂ
In 2019, Singaporean citizen Pan Moumou and Chinese citizen Tian Moumou entered into a partnership to invest in a project called âMFA Blockchain.âÂ
Per their agreement, Pan Moumou would contribute the capital, and Tian Moumou would be responsible for technology and operation. After the start of the project, Pan contributed 15.74M yuan (about $2.1M) towards the project.Â
After Tian failed to return Panâs capital after some time, he decided to pull out of the deal and asked Tian to return his investment.Â
Initially, Tian cited market liquidity issues but eventually returned 10.6 million yuan (about $1.4M) to Pan. The remaining 5.15M yuan (approximately $700K) went unpaid. Eventually, the MFA blockchain account was locked, rendering it unoperational and the rest of the principal was lost. That was when Pan sued Tian in order to recover the remaining funds.Â
Chinaâs high court intervenes
The case was initially tried by the Yancheng Central Court and then the Jiangsu High Court. The court ruled the contract was invalid on the grounds that digital currency investments are against Chinese law and violate public order and morals.Â
In mainland China, cryptocurrencies are not recognized as legal tender and related transactions are illegal financial activities.
Due to this, the court decided that the parties entered the contract at their own risk and they had to bear any losses from the arrangement. This essentially means that Pan would have to bear the loss of the rest of his capital.Â
The case serves as a cautionary tale to foreign nationals considering cryptocurrency investments in collaboration with Chinese partners. Contractual agreements do not provide absolute security, as Chinese courts may invalidate the contracts if they violate domestic regulations.Â
Foreigners are not bound by Chinese law, but once legal action is pursued in China against a Chinese citizen, the case will be handled in accordance with Chinese law. Investors who are not conversant with Chinese law should not readily get into contracts or agreements.Â
Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here
DO YOU WANT TO INVEST IN FUTURES? First, read this note. #futuros $BTC $ETH
Investing in cryptocurrency futures can be complex and carries significant risks, especially for those who are not familiar with the derivatives market. Below are the main challenges associated: 1. Market complexity: Cryptocurrency futures are contracts that allow speculation on the future price of a digital asset without directly owning it. Understanding the different types of contracts, such as perpetual and traditional, as well as their specific mechanisms, requires a solid foundation of financial knowledge. ďżź 2. Use of leverage: Leverage allows you to control larger positions with a smaller investment, amplifying both gains and losses. Improper handling of leverage can lead to significant losses, even exceeding the initially invested capital. ďżź 3. High volatility: The cryptocurrency market is known for its extreme volatility. This constant fluctuation can result in quick liquidations of leveraged positions, negatively affecting investors who do not manage risk properly. ďżź 4. Common mistakes: Novice investors often make mistakes such as not setting stop-loss orders, underestimating associated fees, or not understanding the price decoupling between the futures and spot markets. These mistakes can be minimized with education and experience, but they represent considerable initial hurdles. ďżź
I asked GPT why $WLD keeps going down and this is what he told me: The price of Worldcoin ($WLD ) has been on a steady downward trend due to a combination of internal and external factors. Below are the main reasons: 1. Massive sales and selling pressure: Many users who receive WLD after having their iris scanned tend to sell their tokens for fiat money or other more stable cryptocurrencies, increasing the selling pressure and negatively affecting the price. ďżź 2. Regulatory challenges: Worldcoin has faced legal hurdles in various jurisdictions. For example, in Kenya, authorities suspended its operations due to concerns about the collection of biometric data. Similar situations have occurred in Hong Kong, Spain, and Argentina, creating uncertainty among investors. ďżź 3. Loss of market interest: Although Worldcoin's user base has grown, the initial enthusiasm has waned. This is reflected in the decline in Google search interest and overall market activity, which has contributed to the depreciation of the token. ďżź 4. Macroeconomic factors: The cryptocurrency market in general has faced adverse conditions, including bearish trends and unexpected events that have affected investor confidence. Worldcoin has not been immune to these dynamics, which has influenced the fall in its value. ďżź
These factors combined have contributed to the sustained decline in the price of WLD in the market.
Solana ($SOL ) has surged to $180 USD, marking its highest level in three months. This rally is due to the growth of DeFi and DApps on its network. đ
đš Record on DEX: Solana's decentralized exchange (DEX) trading volume surpassed $100 billion USD in November. đš New network upgrade: Improves stability and reduces congestion, optimizing transaction speed on $SOL .
â ď¸ Note: The crypto market is volatile. Please do your own analysis before investing.
đ Do you think $SOL will surpass $200 USD? Leave it in the comments. đĽ
#MileiMemeCoinControversy MILEI SUFFERED AN INCIDENT THAT WAS PROMOTING A CRYPTOCURRENCY WHICH THEN WENT PRACTICALLY TO 0... FOR THE LOW IT WAS IRRESPONSIBILITY...
Cardano (ADA) has fallen 25% in the last 30 days, but is now showing attempts at recovery. đ
đš Hard fork Plomin: Strengthens decentralized governance, giving more voting power to ADA holders. đš New integration with Chainlink ($LINK ): Enhances interoperability and adoption of smart contracts on the Cardano network.
â ď¸ Note: The crypto market is volatile. Do your own analysis before investing.
đ Do you think $ADA will continue to rise? Leave it in the comments. đĽ
đ Binance Coin ($BNB ) is holding its own in the crypto market đ
Binance Coin ($BNB ) is currently trading at $664.45 USD, down slightly by 1.3% from the previous close. Despite the market volatility, $BNB has shown resilience, establishing itself as one of the top cryptocurrencies by market cap.
đš Recent Update: Binance and the SEC have requested a 60-day stay in their court battle, which could influence investor perception and confidence towards $BNB . ďżź
â ď¸ Note: Cryptocurrency markets are highly volatile. Thorough analysis is recommended before making investment decisions.
đ What is your outlook on the future of $BNB ? Share your thoughts in the comments. đĽ
đ Ethereum ($ETH ) heading to $3,500 in 2025 đ
Ethereum has surpassed $2,700 USD, and analysts project it could hit $3,500 USD this year. đ
đš Pectra Update: Improves network scalability and efficiency. đš Increased institutional adoption: Large funds are buying $ETH . đš Regulation in Europe: MiCA's legal framework generates confidence in the market.
â ď¸ Risks: Volatility, global regulation, and competition from other blockchains.
đ Do you think $ETH will surpass $3,500? Leave it in the comments! đĽ
Since it says âYOURâ Cryptocurrency, it completely loses its seriousness. When we are talking about meme coins, this is what can happen if you do not have critical capacity regarding what you are doing in the world of cryptocurrencies?
Criptoniano
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Milei has scammed millions of $ with her cryptocurrency.
But almost no one knows that this is not the first time she has done it.
She financed her entire campaign with an NFT project called Vulcano that ended in nothing.
Apart from promoting CoinX, a pyramid scheme (among others)
With those machines, the most advisable thing is to get into a big pool and maybe scratch some of that, but on your own, you won't achieve anything.
Pro memecoin
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Tonight my little miner at $BTC a was close to cracking 3 blocks.
What if my little miner manages to crack a whole block by himself? đ¤
If my little miner manages to crack a#Bitcoinblock, it means that he found a valid hash that meets the difficulty set by the network. This would mean that:
You receive the block reward, which is currently 3.125 BTC (after the 2024 halving), plus the fees for the transactions included in that block.
The block is broadcast to the network, and other nodes verify it to add it to the blockchain.
If you are in a mining pool, the reward is divided among all the miners in the pool according to their computing power contribution.
If you're mining solo and you manage to solve a block, you get to keep the entire reward, but the odds are very low without massive computing power.
Can you imagine waking up and finding that your little miner has cracked a block?
The difference between being the 1 and a freak. I don't blame you bro, it's easy to speak from ignorance. Nvidia dropped 15% in one day and that doesn't mean it's still the king of graphics.
đ¨đł DeepSeek - less than 2 years - 200 employees - less than $10 million of capital used
DeepSeek developed and made available for free a product equal to or better, which will likely end OpenAI's business model.đ¤Śđťââď¸ #DeepSeekImpact
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