Attorney General opens criminal investigation against cryptocurrency platform for fraud The HV IJEX platform was reported for affecting "many victims" to whom it allegedly caused serious financial harm, without providing data on the extent of the crime. Attorney General Tarek William Saab announced a criminal investigation against the administrators of the HV IJEX platform, for investment in cryptocurrencies due to alleged fraud.
The national 24th Prosecutor's Office with jurisdiction over common crimes will handle the case. Saab indicated that this organization caused financial harm to many victims.
"This investment system was structured as a Ponzi scheme and later disconnected, causing financial harm to a multitude of victims who invested in cryptocurrencies," Saab stated in a post on Instagram.
The prosecutor did not provide further details on how many people were affected nor figures regarding the "financial harm."
Crypto assets as an alternative to protect against the economic situation in Venezuela
Aníbal Garrido, director of the Blockchain, Trading & Crypto Academy at the Andrés Bello Catholic University (UCAB), highlighted that crypto assets have served as "an alternative means" to pay suppliers, settle debts, or send money abroad. The director of the Blockchain, Trading & Crypto Academy at the Andrés Bello Catholic University (UCAB), Aníbal Garrido, expressed that due to the permanent situation in which Venezuela lives, we must "seek alternatives that allow us to easily protect ourselves from the scourge of inflation," which makes the banner of crypto assets persist and remain relevant today.
#Analysis: Cryptocurrencies as an Alternative to Safeguard Against the Economic Situation in Venezuela Aníbal Garrido, director of the Blockchain, Trading & Crypto Academy at Andrés Bello Catholic University (UCAB), highlighted that cryptocurrencies have served as “an alternative means” to pay suppliers, debts, or send money abroad. The director of the Blockchain, Trading & Crypto Academy at Andrés Bello Catholic University (UCAB), Aníbal Garrido, expressed that due to the permanent situation in which Venezuela lives, it is necessary to “seek alternatives that allow us to easily protect ourselves from the scourge of inflation,” which keeps the banner of cryptocurrencies present and relevant today.
In this sense, he stated that in the particular case of Venezuela, “there is a widespread use of these stable coins USDT and USDC. There are several where the parity with the dollar is exactly the same in these cryptocurrencies.”
He stated that cryptocurrencies have become a tool “of great reliability, of great security, and above all, of speed in the face of such radical exchange rate changes as those in Venezuela.”
Garrido noted that cryptocurrencies have served as “an alternative means” for merchants and entrepreneurs to pay suppliers, pay a debt, or send money abroad.
However, he pointed out on Unión Radio that cryptocurrencies are not an easy investment vehicle. https://www.bancaynegocios.com/analisis-los-criptoactivos-como-alternativa-para-resguardarse-de-la-coyuntura-economica-en-venezuela/ #BinanceLaunchpoolINIT
The IMF includes bitcoin among "the new global standards"....
by Marianella Vanci March 22, 2025 Reading time: 4 minutes Crypto assets like bitcoin are "key stores of wealth" in the digital economy, says the IMF. The IMF adjusts statistics to measure digital transactions and finance, with bitcoin on the radar. The International Monetary Fund (IMF), guardian of the old global financial order, has just opened a crack to the future by introducing bitcoin (BTC) into its global accounts. It is evident that the international organization is now yielding ground and recognizing that the pioneering digital currency, along with other digital assets, is breaking into the statistics that measure the economy of the 21st century.
!REMEMBER!, the USDT currency will be removed in different countries. here is the information: The measure means that customers of the platform in EEA countries such as Spain, Italy, Germany, Portugal, and Luxembourg will no longer be able to exchange the indicated stablecoins because they do not comply with MiCA regulations.
the information is free FOLLOW ME to stay updated on news from the world of cryptocurrencies #USDT🔥🔥🔥
Venezuelan Banking Begins to Form Alliances with Cryptocurrency Companies
Financial entities partnered with a local cryptocurrency exchange to offer services to Venezuelan users. by Jesús Herrera February 26, 2025 Reading time: 4 minutes The system allows converting bolivars to cryptocurrencies, and vice versa. A pilot test will be conducted with over 20,000 points of sale. The banks operating in Venezuela have begun to do business with bitcoin (BTC) and cryptocurrency companies. Through a strategic alliance between the local exchange, Crixto, and a dozen traditional financial entities; users were offered the possibility to pay in commercial establishments using crypto assets.
🚨| LATEST NEWS: 🇺🇸 President Trump said he signed executive orders "to end Joe Biden's war on Bitcoin and cryptocurrencies. We completely ended that war, that war is over". #BinanceAirdropAlert
Pi Coin Price Forecast for the Next Few Days 🌀 Current Price: $1.5 Launch Momentum: Pi Coin debuted recently and the initial enthusiasm could contribute to price growth. Short-Term Price Outlook (Next Days/Weeks) Optimistic Estimate: $2.5 - $3.5 Driven by launch enthusiasm, growing adoption, and potential listings on smaller exchanges. Moderate Estimate: $1.8 - $2.2 Considering market fluctuations, potential corrections, and the need for continued user engagement. Pessimistic Estimate: $1.2 - $1.5 If the initial momentum slows down and market conditions become unfavorable. Medium-Term Price Outlook (Next Months) Optimistic Estimate: $5 - $10 If Pi Coin gains widespread adoption, secures listings on major exchanges, and attracts institutional investors. Moderate estimate: $2.5 - $4 Reflects the need for continued adoption, strategic partnerships, and technological progress. Pessimistic estimate: $1 - $2 If the project struggles to gain traction, encounters regulatory hurdles, or faces technical difficulties. Important Considerations These projections are speculative and subject to change based on market trends and economic conditions. Conduct thorough research, set realistic expectations, diversify investments, and stay up to date on market developments. This content is for informational purposes only and should not be considered financial advice. ❤️ LIKE 🫂 FOLLOW ME 🗳 REPOST 🔄 SHARE #Vote-PIOnBinanceYesOrNo
Binance faces criticism over possible listing of Pi Network despite 85% voter support
By Kamina Bashir February 19, 2025, 11:36 GMT+0000 Edited by Luis Blanco February 19, 2025, 10:15 GMT+0000 IN SUMMARY Binance has reopened token listings through community votes, considering adding Pi Network, which has raised concerns among critics. Despite the 85% support in the voting, experts question the potential risks of Pi Network, citing security and reputation concerns. Binance, the world's largest cryptocurrency exchange, has faced criticism after reopening its token listing by community vote and considering listing Pi Network (PI).
#Cartesi ($CTSI ) : Revolutionizing Blockchain with the Power of Linux! Cartesi is changing the game by bringing real-world computing power to the blockchain. With its Cartesi Machine, developers can build dApps using Linux & conventional software stacks, unlocking possibilities beyond traditional smart contracts. Why Cartesi Stands Out: ✅ Scalability – Off-chain execution with on-chain security ✅ Flexibility – Supports familiar programming languages ✅ Decentralization – Expanding the potential of blockchain The Power of $CTSI: $CTSI plays a crucial role in staking, governance, and driving the ecosystem. Additionally, Cartesi's partnership with EigenLayer aims to enhance security and interoperability in DeFi & Web3. Are you ready for the next evolution in blockchain development? Dive into Cartesi today!
Shared Seed Phrase Scams: A Binance Guide to Protecting Yourself Against a Growing Threat There is a new type of scam that has been sweeping through the crypto world recently: the shared seed phrase scam. This scam works by manipulating cryptocurrency users into sending the funds from their supposedly compromised wallets to "safe" wallets that have actually been set up by scammers in advance. If you only have five minutes today to learn how to protect yourself against this scam, this is the guide you need to read. #Binance #BinanceSquare
HTX Hints at the Cryptocurrency Connections of Justin Sun and Trump in a Cryptic Post
HTX publishes an image of Justin Sun, Donald Trump, and $TBULL Justin Sun is an advisor to HTX He is also an advisor to WLFI HTX, a cryptocurrency exchange, recently posted a rather cryptic message on its official X profile. The post said “Building stronger Together,” accompanied by a drawing of Justin Sun and Donald Trump sitting next to each other. The image also included references to the meme coin TronBull and SunPump, the first fair launch platform for TRON meme coins.
HTX Hints at the Crypto Links Between Justin Sun and Trump in a Cryptic Post HTX Posts an Image of Justin Sun, Donald Trump, and $TBULL Justin Sun is an advisor to HTX He is also an advisor to WLFI HTX, a cryptocurrency exchange, recently published a rather cryptic post on its official X profile. The post said “Building Stronger Together,” accompanied by a drawing of Justin Sun and Donald Trump sitting next to each other. The image also included references to the meme coin TronBull and SunPump, the first fair launch platform for TRON meme coins. HTX did not provide further explanations, so we can only speculate about what this means or could lead to in the future, especially if it is a hint of some kind of announcement. However, the clues are there as each element in the image is connected in one way or another. Justin Sun is the founder of TRON and an advisor to HTX. Last November, he invested $30 million in World Liberty Financial (WLFI), a cryptocurrency project associated with the Trump family. In doing so, he became its largest investor. Over time, Sun invested even more, especially after Trump's inauguration, bringing his stake in WLFI to $90 million in the second half of January this year. Short… The HTX Post Hints at the Crypto Links Between Justin Sun and Trump in a Cryptic Post First Appeared on Coin Edition. #trx
Is Bitcoin About to Explode? This Key Indicator Says It Might
Bitcoin could skyrocket soon as buyers take control, claims an analyst. The Bitcoin Taker buy-sell ratio has confirmed a reversal as buyers take control. A breakout above $100K-$105K could confirm a bullish outbreak for Bitcoin. Bitcoin could be heading towards massive gains as key indicators highlight the potential for a new all-time high very soon. Analyst 'ShayanBTC' published a note on CryptoQuant, highlighting a reversal in the buyer's buy-sell ratio, showing that they are pushing to take control from the bears.
FEMA wasted $59 million intended for disaster relief to house migrants in luxury hotels. D.O.G.E. aims to recover the misused funds and reduce government waste. The growing influence of D.O.G.E. raises concerns about its impact on national security. The Federal Emergency Management Agency (FEMA) of the Department of Homeland Security is facing backlash after reports revealed that $59 million intended for disaster relief was used to house illegal migrants in luxury hotels in New York City.
Warnings about controversial cryptocurrency platform operations in Venezuela and LatAm
By Luis Blanco 2 February 2025, 15:28 GMT+0000 Edited by Luis Blanco 2 February 2025, 18:19 GMT+0000 IN SUMMARY HV IJEX, a cryptocurrency investment platform, has been singled out by users in Latin America for its lack of transparency and potential fraudulent practices. Various specialized platforms warn about the risks of investing in HV IJEX, highlighting its lack of regulation and absence of contact information. Before investing in platforms like HV IJEX, it is crucial to do thorough research and look out for red flags that may indicate a scam.
The cryptocurrency market has suffered a sharp decline, influenced by global trade tensions and movements in traditional financial markets. US President Donald Trump's announcement of new 25% tariffs on imports from Mexico and Canada, and 10% on Chinese goods, has raised concerns among investors, leading to a widespread sell-off in risky assets, including cryptocurrencies. Bitcoin, the market-leading cryptocurrency, fell 4.1% and traded at around $95,400. Ethereum, the second-largest cryptocurrency by market cap, suffered an even steeper drop, falling 17% to $2,577. In total, the value of the global cryptocurrency market has fallen from around $3.6 trillion on Friday to around $3.1 trillion.
The cryptocurrency market has experienced a sharp decline, influenced by global trade tensions and movements in traditional financial markets. The announcement by U.S. President Donald Trump of new tariffs of 25% on imports from Mexico and Canada, and 10% on Chinese products, has generated concern among investors, leading to a widespread sell-off of risk assets, including cryptocurrencies. Bitcoin, the leading cryptocurrency in the market, fell by 4.1% and was trading at approximately $95,400. Ethereum, the second largest cryptocurrency by market capitalization, suffered an even steeper decline, dropping by 17% to $ 2.577. In total, the value of the global cryptocurrency market has fallen from around $3.6 trillion the previous Friday to approximately $3.1 trillion.
Flaunch.gg: Is This Meme Coin Launcher The Next Pump.Fun Killer?
Flaunch.gg: Is This Meme Coin Launcher The Next Pump.Fun Killer? Flaunch.gg launches on Base Network, offering a new approach to meme coin trading. 100% of trading fees go to developers and auto-buybacks. A 30-minute no-sell rule prevents early sales, ensuring fair launches and market stability for new tokens. Flaunch.gg, a new launchpad on the Base Network, is changing the way meme coins are traded. The platform, powered by Uniswap V4, allows users to buy, sell, and launch tokens while ensuring that 100% of trading fees go to developers rather than centralized entities.
Flaunch.gg: Is This Meme Coin Launchpad The Next Pump.Fun Killer?
Flaunch.gg: Is This Meme Coin Launchpad The Next Pump.Fun Killer? Flaunch.gg launches on the Base Network, offering a new approach to trading meme coins. 100% of trading fees go to developers and automatic buybacks. A 30-minute no-sell rule prevents early sales, ensuring fair launches and market stability for new tokens. Flaunch.gg, a new launchpad on the Base Network, is changing the way meme coins are traded. The platform, powered by Uniswap V4, allows users to buy, sell, and launch tokens while ensuring 100% of trading fees go to developers instead of centralized entities. The project aims to empower creators and improve market stability by using an automatic buyback system and a structured launch process that prevents immediate sales. This allows creators to determine their earnings while the system automatically reinvests a portion of the fees. Importantly, Flaunch empowers developers to earn revenue through its custom Uniswap V4 hook, ‘The Meme Stream’. Here, developers can claim up to 1% of every trade in ETH without owning tokens or affecting token prices. Furthermore, revenue is decentralized and ownership is tokenized as an NFT. This NFT can be transferred to any wallet, granting the new owner access to trading… The post Flaunch.gg: Is This Meme Coin Launchpad the Next Pump.Fun Killer? appeared first on Coin Edition. #NFT $BTC