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š£Bitcoin is used in human trafficking and the purchase of child porn material
The US Department of the Treasury's Financial Crimes Unit has found that BTC is becoming an increasingly popular asset in the trafficking of people and sexual abuse material
Based on reports from financial firms, there was an increase in such crimes in 2020 and 2021. The analysis found 2,311 reports of cryptocurrency use worth more than $412 million.
The US Department of the Treasury's Financial Crimes Unit has found that BTC is becoming an increasingly popular asset in the trafficking of people and sexual abuse material
Based on reports from financial firms, there was an increase in such crimes in 2020 and 2021. The analysis found 2,311 reports of cryptocurrency use worth more than $412 million.
š Keep an eye out for the biggest token unlocks next week:
STRK: Unlocking 8.79% ($78.08 million)
CYBER: Unlocking 4.13% ($4.28 million)
AEVO: Issuing 827.63 million tokens
ARB: Unlocking 3.49% ($93.02 million)
APE: Unlocking 2.48% ($19.03 million)
MANTA: Unlocking 2.66% ($11 million)
ROSE: Unlocking 2.54% ($14.63 million)
PIXEL: Unlocking 7.05% ($20.47 million)
These unlock events could significantly impact the market. When large amounts of tokens become available for trading, it often leads to increased selling pressure as token holders may choose to cash out their profits. This influx of supply can drive prices down temporarily.
Conversely, if the market absorbs the new supply efficiently, it could indicate strong demand and potentially lead to price stabilization or even growth. Stay informed and plan your strategies accordingly! šš
STRK: Unlocking 8.79% ($78.08 million)
CYBER: Unlocking 4.13% ($4.28 million)
AEVO: Issuing 827.63 million tokens
ARB: Unlocking 3.49% ($93.02 million)
APE: Unlocking 2.48% ($19.03 million)
MANTA: Unlocking 2.66% ($11 million)
ROSE: Unlocking 2.54% ($14.63 million)
PIXEL: Unlocking 7.05% ($20.47 million)
These unlock events could significantly impact the market. When large amounts of tokens become available for trading, it often leads to increased selling pressure as token holders may choose to cash out their profits. This influx of supply can drive prices down temporarily.
Conversely, if the market absorbs the new supply efficiently, it could indicate strong demand and potentially lead to price stabilization or even growth. Stay informed and plan your strategies accordingly! šš
š Here are the largest token unlocks for next week:
OP ā 2.31% ($64.75 million)
PRIME ā 4.43% ($30.2 million)
DYDX ā 10.72% ($73 million)
ZETA ā 2.24% ($6.62 million)
TORN ā 2.41% ($250k)
ACA ā 2.85% ($3.15 million)
ENA ā 3.76% ($45.85 million)
NYM ā 6.36% ($8.08 million)
MEME ā 32.24% ($150.9 million)
GAL ā 5.76% ($23.91 million)
OP ā 2.31% ($64.75 million)
PRIME ā 4.43% ($30.2 million)
DYDX ā 10.72% ($73 million)
ZETA ā 2.24% ($6.62 million)
TORN ā 2.41% ($250k)
ACA ā 2.85% ($3.15 million)
ENA ā 3.76% ($45.85 million)
NYM ā 6.36% ($8.08 million)
MEME ā 32.24% ($150.9 million)
GAL ā 5.76% ($23.91 million)
Overview of Space ID: Revolutionizing Blockchain Naming
š Introduction to Space ID
Space ID represents a groundbreaking platform in the realm of blockchain domain names, aiming to drastically transform user interaction with blockchain technology. It simplifies the management and use of digital identifiers by allowing users to replace complex cryptocurrency addresses with easily memorable domains. This not only enhances user experience but also increases security, making digital identification more understandable and accessible.
Key Features and Services
Universal Naming: Space ID introduces the concept of universal names, allowing users to interact with various blockchains under one name. This simplifies the management of digital assets as one name can represent an address across different blockchains.Domain Registration: The platform enables users to register domain names directly linked to their blockchain addresses. This simplifies the process of conducting transactions or sending and receiving funds, making it more intuitive.Cross-Blockchain Compatibility: Support for multiple blockchains provides flexibility and scalability, making Space ID an attractive platform for developers and users working with various cryptocurrencies and projects.Tools for Developers: Space ID offers SDKs and APIs to help developers integrate domain name functionality into applications and services, extending the possibilities for using blockchain technologies in real projects.
Impact of Space ID on Industry and Society
The use of names instead of traditional addresses could radically change the perception and convenience of blockchain technologies. For example, instead of sharing long and confusing wallet addresses, users could use simple domains like john.bnb or maria.arb. This significantly simplifies the transaction process and reduces the likelihood of errors when entering addresses.
Similar transformations are possible in other areas, such as identifying bank accounts or even personal data online. These changes could not only simplify the use of blockchain technologies in everyday life but also enhance overall security by reducing risks associated with phishing and other forms of fraud.
Conclusion
Space ID is undoubtedly one of the most significant projects in the blockchain technology sector in recent times. The platform offers solutions that could fundamentally change the interaction between users and technology, making blockchain more accessible and practical for a broader audience. The growth and development of Space ID will have significant implications for the future of the digital economy, offering new possibilities for secure and efficient management of digital identifiers and assets.
$ID
Space ID represents a groundbreaking platform in the realm of blockchain domain names, aiming to drastically transform user interaction with blockchain technology. It simplifies the management and use of digital identifiers by allowing users to replace complex cryptocurrency addresses with easily memorable domains. This not only enhances user experience but also increases security, making digital identification more understandable and accessible.
Key Features and Services
Universal Naming: Space ID introduces the concept of universal names, allowing users to interact with various blockchains under one name. This simplifies the management of digital assets as one name can represent an address across different blockchains.Domain Registration: The platform enables users to register domain names directly linked to their blockchain addresses. This simplifies the process of conducting transactions or sending and receiving funds, making it more intuitive.Cross-Blockchain Compatibility: Support for multiple blockchains provides flexibility and scalability, making Space ID an attractive platform for developers and users working with various cryptocurrencies and projects.Tools for Developers: Space ID offers SDKs and APIs to help developers integrate domain name functionality into applications and services, extending the possibilities for using blockchain technologies in real projects.
Impact of Space ID on Industry and Society
The use of names instead of traditional addresses could radically change the perception and convenience of blockchain technologies. For example, instead of sharing long and confusing wallet addresses, users could use simple domains like john.bnb or maria.arb. This significantly simplifies the transaction process and reduces the likelihood of errors when entering addresses.
Similar transformations are possible in other areas, such as identifying bank accounts or even personal data online. These changes could not only simplify the use of blockchain technologies in everyday life but also enhance overall security by reducing risks associated with phishing and other forms of fraud.
Conclusion
Space ID is undoubtedly one of the most significant projects in the blockchain technology sector in recent times. The platform offers solutions that could fundamentally change the interaction between users and technology, making blockchain more accessible and practical for a broader audience. The growth and development of Space ID will have significant implications for the future of the digital economy, offering new possibilities for secure and efficient management of digital identifiers and assets.
$ID
š Check out Forbes' Top 5 Crypto Billionaires:
š¢Changpeng Zhao ā $33 billion
š¢Brian Armstrong (CEO Coinbase) - $11.2 billion
š¢Giancarlo Devasini (CFO Tether) - $9.2 billion
š¢Michael Saylor (Ex. CEO MicroStrategy) ā $4.4 billion
š¢Paolo Ardoino (CEO Tether) - $3.9 billion
š¢Changpeng Zhao ā $33 billion
š¢Brian Armstrong (CEO Coinbase) - $11.2 billion
š¢Giancarlo Devasini (CFO Tether) - $9.2 billion
š¢Michael Saylor (Ex. CEO MicroStrategy) ā $4.4 billion
š¢Paolo Ardoino (CEO Tether) - $3.9 billion
š© Interesting fact: In 2010, this website was giving away 5 BTC to every visitor for free.
š¤ Today, 5 BTC are worth $350,000.
š¤ Today, 5 BTC are worth $350,000.
šFounder of FTX Crypto Exchange, Sam Bankman-Fried, Sentenced to 25 Years in Prison. Initially Faced 115 Years.
Forbes, it's time to assemble a symbolic 'prisoner dream team' from those who have graced the magazine's cover.
Forbes, it's time to assemble a symbolic 'prisoner dream team' from those who have graced the magazine's cover.
March Token Unlock Schedule Revealed: What to Expect
šøMarch 7th:
- Hashflow (HFT): Unlocks tokens valued at $5.65 million USD.
šøMarch 9th:
- GMX (GMX): Unlocks tokens valued at $20,630.
šøMarch 11th:
- Moonbeam (GLMR): Unlocks tokens valued at $1.32 million.
šøMarch 13th:
- Aptos (APT): Unlocks 24.84 million tokens (6.77% of circulating supply), valued at $234.5 million USD.
šøMarch 15th:
- CyberConnect (CYBER): Unlocks tokens valued at $7.77 million.
šøMarch 16th:
- āāArbitrum (ARB): Unlocks 1.11 billion tokens (87.2% of circulating supply), valued at $2.05 billion USD.
- Flow (FLOW): Unlocks tokens valued at $2.74 million.
šøMarch 17th:
- āApeCoin (APE): Unlocks tokens valued at $28.55 million.
šøMarch 18th:
- Manta Network (MANTA): Continues to unlock 6.67 million tokens (2.66% of circulating supply), valued at $18 million USD.
šøMarch 19th:
- Algorand (ALGO): Unlocks tokens valued at $463,370.
- Balancer (BAL): Unlocks tokens valued at $87,840.
šøMarch 22nd:
- Immutable (IMX): Unlocks 34.19 million tokens (2.46% of circulating supply), valued at $105.3 million USD.
- āSPACE ID (ID): Unlocks tokens valued at $47.84 million USD.
šøMarch 23rd:
- 1inch (1INCH): Unlocks tokens valued at $26.82 thousand USD.
šøMarch 27th:
- Yield Guild Games (YGG): Unlocks 16.69 million tokens (5.51% of circulating supply), valued at $9.86 million USD.
šøMarch 28th:
- SingularityNET (AGIX): Unlocks tokens valued at $6.37 million.
šøMarch 29th:
- Optimism (OP): Unlocks 24.16 million tokens (2.4% of circulating supply), valued at $91.56 million USD.
šøMarch 31st:
- Echelon Prime (PRIME): Unlocks 1.66 million tokens (4.46% of circulating supply), valued at $24.37 million USD.
Stay tuned as these unlock events unfold, providing valuable insights into the crypto market's dynamics and project developments.
For more details, visit the respective project websites.
- Hashflow (HFT): Unlocks tokens valued at $5.65 million USD.
šøMarch 9th:
- GMX (GMX): Unlocks tokens valued at $20,630.
šøMarch 11th:
- Moonbeam (GLMR): Unlocks tokens valued at $1.32 million.
šøMarch 13th:
- Aptos (APT): Unlocks 24.84 million tokens (6.77% of circulating supply), valued at $234.5 million USD.
šøMarch 15th:
- CyberConnect (CYBER): Unlocks tokens valued at $7.77 million.
šøMarch 16th:
- āāArbitrum (ARB): Unlocks 1.11 billion tokens (87.2% of circulating supply), valued at $2.05 billion USD.
- Flow (FLOW): Unlocks tokens valued at $2.74 million.
šøMarch 17th:
- āApeCoin (APE): Unlocks tokens valued at $28.55 million.
šøMarch 18th:
- Manta Network (MANTA): Continues to unlock 6.67 million tokens (2.66% of circulating supply), valued at $18 million USD.
šøMarch 19th:
- Algorand (ALGO): Unlocks tokens valued at $463,370.
- Balancer (BAL): Unlocks tokens valued at $87,840.
šøMarch 22nd:
- Immutable (IMX): Unlocks 34.19 million tokens (2.46% of circulating supply), valued at $105.3 million USD.
- āSPACE ID (ID): Unlocks tokens valued at $47.84 million USD.
šøMarch 23rd:
- 1inch (1INCH): Unlocks tokens valued at $26.82 thousand USD.
šøMarch 27th:
- Yield Guild Games (YGG): Unlocks 16.69 million tokens (5.51% of circulating supply), valued at $9.86 million USD.
šøMarch 28th:
- SingularityNET (AGIX): Unlocks tokens valued at $6.37 million.
šøMarch 29th:
- Optimism (OP): Unlocks 24.16 million tokens (2.4% of circulating supply), valued at $91.56 million USD.
šøMarch 31st:
- Echelon Prime (PRIME): Unlocks 1.66 million tokens (4.46% of circulating supply), valued at $24.37 million USD.
Stay tuned as these unlock events unfold, providing valuable insights into the crypto market's dynamics and project developments.
For more details, visit the respective project websites.
šø Tether has recently minted an additional $1 billion USDT.
š Elon Musk's recent tweet had a significant impact on Optimism, causing its value to surge by 8%.
The market responded swiftly to Musk's tweet, reflecting a notable increase in investor confidence and trading activity surrounding the Optimism cryptocurrency $OP
The market responded swiftly to Musk's tweet, reflecting a notable increase in investor confidence and trading activity surrounding the Optimism cryptocurrency $OP
š® Independent from the impressive volume happening with #Bitcoin #ETF there has been a distinct flip in the level of $BTC 's supply being held by different sized wallets:
š³ 1K-10K $BTC wallets: $12.95 billion added in 2024
š 100-1K $BTC wallets: $7.89 billion dropped in 2024
The net difference in these smaller and larger wallets typically associated with the highest tiers of active whales indicates an estimated +$5.06 billion in Bitcoin accumulation by 100-10K BTC wallets thus far this year. Additionally, the most recent 5-day span has seen the highest level of transactions exceeding $100K in value since June 2022. There has been a clear rise in interest from key stakeholders after Bitcoin's cross above $50K this week.
š³ 1K-10K $BTC wallets: $12.95 billion added in 2024
š 100-1K $BTC wallets: $7.89 billion dropped in 2024
The net difference in these smaller and larger wallets typically associated with the highest tiers of active whales indicates an estimated +$5.06 billion in Bitcoin accumulation by 100-10K BTC wallets thus far this year. Additionally, the most recent 5-day span has seen the highest level of transactions exceeding $100K in value since June 2022. There has been a clear rise in interest from key stakeholders after Bitcoin's cross above $50K this week.
š¤German police confiscated 50K BTC as part of an investigation into a website running pirated content
German police have seized nearly 50,000 BTC ($2.17 billion) as part of investigations into pirate websites in January 2024.
Specifically, the case was against piracy portal Movie2K, whose founders used their profits to buy bitcoins until 2013.
To date, this is the largest seizure of cryptocurrency by German law enforcement authorities.
#Write2Earn
German police have seized nearly 50,000 BTC ($2.17 billion) as part of investigations into pirate websites in January 2024.
Specifically, the case was against piracy portal Movie2K, whose founders used their profits to buy bitcoins until 2013.
To date, this is the largest seizure of cryptocurrency by German law enforcement authorities.
#Write2Earn
š£Abracadabra Finance has been hacked for about $6.4 million
Abracadabra Finance has been hacked for approximately $6.4 million.
According to Blocksec, unknown individuals attacked the project's smart contract. There is still $29 million left in the contract.
#Write2Earn
Abracadabra Finance has been hacked for approximately $6.4 million.
According to Blocksec, unknown individuals attacked the project's smart contract. There is still $29 million left in the contract.
#Write2Earn
š¤Magic Eden launches its own wallet
NFT marketplace Magic Eden has launched a wallet that supports Solana, Bitcoin, Polygon and Ethereum networks.
The wallet was developed in collaboration with Exodus with a focus on convenient storage and use of NFTs.
NFT marketplace Magic Eden has launched a wallet that supports Solana, Bitcoin, Polygon and Ethereum networks.
The wallet was developed in collaboration with Exodus with a focus on convenient storage and use of NFTs.
š¤Changpeng Zhao wanted to bail out his stake in Binance to be able to return home to the UAE
Last month, a court denied Binance founder Changpeng Zhao's request to travel to the UAE.
In return, Zhao had offered to place his $4.5 billion in Binance shares as collateral for his return to the US.
The valuation of his shares was based on Binance's last funding round two years ago.
Last month, a court denied Binance founder Changpeng Zhao's request to travel to the UAE.
In return, Zhao had offered to place his $4.5 billion in Binance shares as collateral for his return to the US.
The valuation of his shares was based on Binance's last funding round two years ago.
š„Doom launched on Dogecoin
Developers have launched the game Doom on the Dogecoin blockchain.
The implementation of the game on the blockchain was done through Doginals (analog of Ordinals) inscriptions
Developers have launched the game Doom on the Dogecoin blockchain.
The implementation of the game on the blockchain was done through Doginals (analog of Ordinals) inscriptions
BlackRock CEO Larry Fink expressed his acknowledgment of the value of spot ETFs based on the second-largest cryptocurrency, Ethereum, in an interview with CNBC.
He emphasized viewing digital assets as a distinct asset class and drew parallels with the enduring role of gold throughout history. Fink highlighted the limited supply of Bitcoin and considered the current state as "steps toward tokenization."
This statement follows the recent approval of 11 spot exchange-traded funds (ETFs) on Bitcoin by the U.S. Securities and Exchange Commission (SEC).
BlackRock is among the approved issuers for providing ETFs. However, despite investor interest, cryptocurrencies, including Bitcoin, exhibited significant volatility post the ETF launch, partly influenced by SEC Chairman Gary Gensler's remarks regarding the speculative and volatile nature of cryptocurrencies.
He emphasized viewing digital assets as a distinct asset class and drew parallels with the enduring role of gold throughout history. Fink highlighted the limited supply of Bitcoin and considered the current state as "steps toward tokenization."
This statement follows the recent approval of 11 spot exchange-traded funds (ETFs) on Bitcoin by the U.S. Securities and Exchange Commission (SEC).
BlackRock is among the approved issuers for providing ETFs. However, despite investor interest, cryptocurrencies, including Bitcoin, exhibited significant volatility post the ETF launch, partly influenced by SEC Chairman Gary Gensler's remarks regarding the speculative and volatile nature of cryptocurrencies.
Navigating the BNB Beacon Chain Fusion Roadmap: Six Month Plan
The blockchain world is continually advancing, with the BNB Beacon Chain Fusion standing as a prime example of this dynamism. This significant shift in network architecture is being carefully managed through a series of clear monthly targets. This article offers a detailed overview of these targets, set to facilitate a smooth transition for the BNB Chain community.
January Milestones
1. Alerts to Validators and Staking Pools: Initiatives are underway to notify all validators and staking pools about the deactivation of the staking feature. This change aligns with the new strategic directions.
2. BEP2/BEP8 Asset Binding: Efforts are being made to bind all BEP2 and BEP8 assets to BNB Smart Chain (BSC). This will enable users to conduct cross-chain withdrawals of their assets to BSC, with an official announcement on this development anticipated shortly.
3. Wallet Integration: Various wallet providers are being coordinated with to support cross-chain withdrawals for BEP2/BEP8 assets, aiming to enhance user experience and accessibility.
4. CEX and Wallet Communications: Centralized exchanges, particularly Binance (BN), and wallets like Trust Wallet (TW), are being advised to halt asset transfers to the Beacon Chain.
February Milestones
- Bridges and Atomic Swaps: Bridge services are being informed about the upcoming disabling of atomic swap features before April. They are expected to relay this information to their users in advance.
April Milestones
- Validator Migration: A critical goal for April is the complete migration of all validators to BSC.
- Voting Power Transfer: It is also essential that all validators transfer their voting power and ensure their delegators are re-delegated properly.
May Milestones
- User Notification: Users and delegators will be advised to verify their auto-refunded balances as a part of the transition process.
- Balance Verification: The plan includes generating a balance dump and publishing it for community verification, reinforcing transparency and trust.
June Milestones
- Migration App Launch: A pivotal step in June will be the release of a CLI(Command Line Interface) token migration application. This tool is designed to assist users in retrieving funds still on the Beacon Chain, marking an important phase in the roadmap.
Conclusion
The BNB Beacon Chain Fusion represents a strategic evolution towards a more streamlined, secure, and efficient blockchain ecosystem.
For us, keeping the community informed and supported throughout this transition is a priority. Further updates can be anticipated as the roadmap progresses, underscoring our commitment to a robust and innovative blockchain future. šāØ
January Milestones
1. Alerts to Validators and Staking Pools: Initiatives are underway to notify all validators and staking pools about the deactivation of the staking feature. This change aligns with the new strategic directions.
2. BEP2/BEP8 Asset Binding: Efforts are being made to bind all BEP2 and BEP8 assets to BNB Smart Chain (BSC). This will enable users to conduct cross-chain withdrawals of their assets to BSC, with an official announcement on this development anticipated shortly.
3. Wallet Integration: Various wallet providers are being coordinated with to support cross-chain withdrawals for BEP2/BEP8 assets, aiming to enhance user experience and accessibility.
4. CEX and Wallet Communications: Centralized exchanges, particularly Binance (BN), and wallets like Trust Wallet (TW), are being advised to halt asset transfers to the Beacon Chain.
February Milestones
- Bridges and Atomic Swaps: Bridge services are being informed about the upcoming disabling of atomic swap features before April. They are expected to relay this information to their users in advance.
April Milestones
- Validator Migration: A critical goal for April is the complete migration of all validators to BSC.
- Voting Power Transfer: It is also essential that all validators transfer their voting power and ensure their delegators are re-delegated properly.
May Milestones
- User Notification: Users and delegators will be advised to verify their auto-refunded balances as a part of the transition process.
- Balance Verification: The plan includes generating a balance dump and publishing it for community verification, reinforcing transparency and trust.
June Milestones
- Migration App Launch: A pivotal step in June will be the release of a CLI(Command Line Interface) token migration application. This tool is designed to assist users in retrieving funds still on the Beacon Chain, marking an important phase in the roadmap.
Conclusion
The BNB Beacon Chain Fusion represents a strategic evolution towards a more streamlined, secure, and efficient blockchain ecosystem.
For us, keeping the community informed and supported throughout this transition is a priority. Further updates can be anticipated as the roadmap progresses, underscoring our commitment to a robust and innovative blockchain future. šāØ
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