Cryptocurrency Entrepreneur Adam Iza Arrested for Theft and Tax Evasion🚨
Adam Iza, known as “The Godfather” in the cryptocurrency world, has been arrested in Los Angeles on charges of theft and tax evasion. Iza allegedly stole a laptop containing cryptocurrency in 2018, holding a victim and her girlfriend at gunpoint to obtain passwords and access the digital funds. He is also accused of using some of the stolen and evaded money to pay Los Angeles police officers, granting illegal favors such as arresting enemies and carrying out trumped-up searches.
Kamala Harris Announces Support for Growth of Cryptocurrencies and Technological Innovations in Speech
US presidential candidate Kamala Harris has said she will encourage the development of cryptocurrencies and artificial intelligence, while also seeking transparent regulations to protect consumers and investors. The speech marks Harris’ first time addressing the topic of cryptocurrencies and highlights a more moderate approach to current policy under the Biden administration. The speech comes as both Harris and her Republican rival Donald Trump are competing for support from voters in the tech and financial sectors.
YouTube Introduces New TV Ad Format: Ads Appear During Video Pauses
Starting in September 2024, YouTube will begin rolling out a new ad format on Smart TVs. This innovative feature automatically displays ads whenever a user pauses a video. The new feature was initially announced in May 2024 by Google, and is now starting to be noticed by some users, according to reports on social media such as Reddit and Twitter.
The new format's interface shrinks the video to a small block in the corner of the screen, while the ad appears on the right. Users can choose to dismiss the ad with a button at the bottom. So far, Dunkin' Donuts appears to be one of the first advertisers to use the format, suggesting that implementation is still limited.
Hackers flaunt luxurious lifestyle after bitcoin theft
An investigation recently revealed the extravagant lifestyles of hackers who stole bitcoins, as shown in screenshots released by investigator ZachXBT. The criminals tried to hide their digital tracks, but the leaked screenshots exposed wallet addresses and other compromising information.
The images reveal that the hackers did not hesitate to spend their newfound wealth. Luxury items on display include jewelry, international trips, extravagant parties and expensive cars. A pink Lamborghini Urus, valued at $240,000, was sent as a gift to the girlfriend of one of the suspects.
Cryptocurrency exchange BingX has been the victim of a cyberattack that resulted in the theft of $42 million worth of assets, including over 360 cryptocurrencies. The stolen assets were converted to Ethereum and Binance Coin. The breach was discovered by blockchain security firm PeckShield.
Vivien Lin, Chief Product Officer at BingX, confirmed the incident and reported that the exchange’s hot wallet was compromised, leading to the temporary suspension of withdrawals as an emergency measure. Lin assured that the company is taking all necessary actions to contain the damage and promised to fully refund affected users from the company’s reserves, in addition to reinstating withdrawals within 24 hours.
Brazilian Banks Should Lead Cryptocurrency Market, Says Febraban
A recent study by Febraban, in partnership with Accenture, indicates that Brazilian banks have the potential to become key players in the cryptocurrency market. The report highlights emerging technologies such as generative artificial intelligence, DLT and crypto assets as priority areas for financial institutions in the coming years.
According to Febraban, banks offer greater trust compared to fintechs and brokers that operate cryptocurrencies, and are therefore better positioned to lead this market. The study highlights, however, that one of the biggest challenges is to create trading platforms that meet regulatory and compliance requirements.
Catizen Launches $CATI Token on Multiple Exchanges
The Catizen game, developed by Pluto Studio, has just launched its $CATI token on exchanges such as #BinanceTurns7 Binance, OKX, Bybit, Gate.io and Bitget. The token, which operates on the Mantle (L2) and TON (L1) blockchains, has a total supply of 1 billion tokens on both networks, but keeps the total circulation limited to 1 billion through lock contracts.
Catizen, one of the most popular blockchain games, already has over 36 million players and 7 million daily active users, generating US$$ 30 million in just six months. In addition to integrating with Telegram, $CATI allows participation in staking pools and promotes the Web3 gaming economy.
Catizen’s success reflects the potential for massive user integration into the Web3 universe, consolidating itself as one of the leading gaming platforms with tokenized assets and cryptocurrency transactions. The ecosystem also offers rewards and support for new projects through the Mantle Network.#TopCoinsSeptember2024 #BecomeCreator
The Altcoins That Are Attracting Ethereum Whales and Promising Big Market Moves
The cryptocurrency market is hot, and so-called Ethereum “whales,” large investors with huge amounts of ETH, are quietly accumulating promising altcoins. As big market moves approach, these picks could indicate valuable opportunities for alert investors.
One of the altcoins in the spotlight is CYBRO, a NeoBank that has already surpassed $61,860,952,5752 million in its pre-sale. CYBRO stands out for its lucrative staking, cashback, and exclusive airdrops, promising returns of up to 1200%. Projects such as Avalanche (#AVAX), Stacks (STX), and JasmyCoin (#JASMY) have also attracted attention, each with unique solutions: from custom blockchains to IoT integration.
With only 21% of CYBRO tokens remaining in the presale, this is an opportunity worth watching, especially in a rapidly evolving market landscape. Strategic investors are paying close attention to these moves, which could be a sign of imminent growth. #TopCoinsSeptember2024 #BinanceTurns7 52703734896 90591039707
The recent drop in the cryptocurrency market can be attributed to a combination of factors, such as changes in regulatory policies, global macroeconomic movements, and specific events within the crypto ecosystem 📉. Interest rate hikes by central banks, such as the Federal Reserve, can lead to risk aversion, negatively impacting the cryptocurrency market 📊. In addition, scandals or bankruptcies of major players in the sector can also generate distrust and mass sell-offs 💥.
To make the most of this drop, I adopt a long-term strategy, focusing on solid projects with robust fundamentals 📈. I usually:
1. **Diversify the portfolio**: Spread investments across different cryptocurrencies and other assets to minimize risk 📊.
2. **Analyze fundamentals**: Invest in projects with strong teams, clear use cases, and active communities 📚. 3. **Buy low**: Take advantage of downturns to acquire assets at discounted prices, always respecting appropriate risk management 💸. 4. **Study and monitor the market**: Stay informed about trends and developments to make more informed decisions 📖. 5. **Focus on the long term**: Maintain a long-term vision, avoiding panic during downturns and taking advantage of volatility to grow your portfolio over time 🕰️.
This way, I stay calm and have a well-defined strategy to navigate the turbulence of the crypto market 🚀. #MarketDownturn #ETH #Binance $BNB $ETH $BNB
Ether, Ethereum's cryptocurrency, has accumulated major losses in the last 24 hours$ETH $BTC #nft #ETH . Richard Teng, CEO of Binance, does not believe that the current drop will extend in the long term, citing macroeconomic factors and possible interest rate cuts by the Fed.
José Artur Ribeiro, CEO of Coinext, points out that the recent drop was influenced by the unexpected increase in interest rates by the Bank of Japan, which appreciated the yen and brought down the Nikkei index. He notes that, despite recent geopolitical events, the macroeconomic situation has a greater impact on the cryptocurrency market.
Ribeiro suggests that the dip could be a buying opportunity for long-term investors, especially with the launch of new Ethereum ETFs and the expectation of US interest rate cuts.
He advises caution, recommending gradual purchases and constant monitoring of the market to adjust strategies and mitigate risks.
BtcTurk, a leading cryptocurrency trading platform, announced that it suffered a cyber attack that resulted in unauthorized withdrawals. The incident was detected by the company's security team on Saturday, June 22, 2024.
According to BtcTurk's official statement, the attack only affected a portion of the balances of 10 cryptocurrencies stored in their hot wallets. However, the company has ensured that the vast majority of users' assets, held in cold wallets, are safe and have not been compromised.
"BtcTurk's financial strength is far above the amounts affected by this attack, and users' assets will not be impacted by losses," said the company's spokesperson.
Immediately after detecting the incident, BtcTurk took measures to protect user funds by temporarily pausing cryptocurrency deposits and withdrawals while detailed investigations are carried out. The company also notified the appropriate authorities to assist in the investigation.
In an effort to reassure its users, BtcTurk has assured that all necessary measures are being taken to quickly resolve the issue. "Our teams are carrying out detailed investigations into the matter. At the same time, we have notified the relevant authorities. As a precaution, we have temporarily paused cryptocurrency deposits and withdrawals, and these processes will be reactivated once the investigations are complete," the statement added.
The company also thanked its users for their understanding during this period and promised to continue sharing all updates regarding the incident.
This attack highlights the growing need for strict security on cryptocurrency trading platforms, especially as the market continues to expand rapidly. Cyber Attack on BtcTurk Affects Cryptocurrency Balances #nft #Binance #Web3
#XRP and Cardano (#ADA) Could Rise Due to High Short Selling Pressure, According to Analyst Key Points: #XRPand ADA are among the most shorted cryptocurrencies, which could be a positive sign for prices. A short squeeze, where short sellers are forced to buy to cover their positions, can lead to a significant price increase.
Both tokens have performed well recently, with XRP decoupling from Bitcoin and ADA benefiting from the hype surrounding the upcoming hard fork.
Note: This is not a financial recommendation. Do your own research before investing in cryptocurrencies. #nft #Binance #bitcoin
You can easily get Binance Red Codes by logging into the Binance Pay (PAY) section. Below we explain how to do it in just 4 simple steps. Check out the codes and see the cryptocurrencies available in each of them!
### Steps to Get Binance Red Codes:
1. **🔑 Log in to your Binance account.** 2. **💳 Access the Binance Pay (PAY) section.** 3. **🔍 Find the option for Red Codes and click on it.** 4. **🔢 Enter the codes provided to get your rewards.**
Burning of #defi LUNC at Terra Classic Reaches Important Milestone
The burning of#LUNCcontinues in the Terra Classic chain, with more than 116 billion units burned to date. Total#LUNCburns reached 116,581,669,436 units. Burning is the most important issue for the Terra Classic chain, with the majority of burning being carried out by the Binance exchange, which continues to lead this process. #nft #Binance
#LUNC e #USTC Livres de Litígios: É Hora de Listar na Coinbase! A recente conclusão do processo da SEC contra a Terra trouxe alívio para #LUNC e #USTC, que agora estão livres de litígios. Com isso, não há mais obstáculos para que essas criptomoedas sejam listadas na Coinbase.
🔹 A Coinbase deve considerar a listagem dessas moedas.
PEPE Whale Dumps 1 Trillion Coins on Binance, Raising Fears of Price Drop
A whale dumped 1.15 trillion PEPE on Binance, causing a 9.21% drop in the coin's price. This raised concerns among investors about PEPE's future prospects, although there are chances of recovery.
South Korean regulators are analyzing around 600 cryptocurrencies and may remove them if they do not meet the criteria of the new Crypto Asset User Protection Law. The measure aims to improve industry practices and could impact prices due to the reduced exposure of these cryptocurrencies in the South Korean market. The country has one of the largest cryptocurrency markets, with major brokers such as Upbit, Bithumb and Coinone. The analysis includes aspects such as reliability, user protection, technology, and regulatory compliance.$BTC $ETH $BNB #nft #bitcoin