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⚡️ Gemini forms ad hoc committee with creditors amid Earn freeze

Gemini
formed an ad hoc committee with other creditors to coordinate and advocate for a resolution to the crypto exchange's struggling Earn product — which paused customer redemptions on Nov. 16. Winklevoss also claimed that returning user funds "is our highest priority and we are operating with the utmost urgency."

The update comes from Gemini's co-founder Cameron Winklevoss, who tweeted that law firm Kirkland & Ellis "has been engaged as counsel by the Creditor Committee to advocate on its behalf.". owe $900 million to Gemini customers, according to the Financial Times. Gemini is reportedly attempting to recover the funds.According to a CoinDesk report on Sunday, Genesis owes its creditors at least $1.8 billion.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


☄️AGROGLORYTIME
How we live through difficult times during the war but beginning a new agricultural season.
AGROGLORYTIME – is Ukrainian Agroholding. We have successfully tokenized our business and are currently engaging the investors from around the world.

The fall season of 2022 is coming to an end and investors who purchased our tokens will be receiving the dividends as early as beginning of a new year. In the third quarter of 2022 we managed to pay out extremely high (147% annual) dividend and we are hopeful that the spring season will also be as thriving for the token holders.
At the same time, let’s not forget that Ukraine is facing an ongoing war and as the rest of the country we are experiencing a lot of difficulties in operating our business. Airstrikes,  power outages, purchasing ability of consumers are  all affecting our operations.

As a solution, we have installed a very reliable power generator that would provide the electricity at times of outages. Also, we have increased a group of crops that can be grown in an open field, therefore, it helped with an overall cost reduction of our product.

🇺🇦SUPPORT UKRAINE  - BUY THE TOKEN FROM AGTI AND SEE YOUR PROFITS GROW!
 
📑Documents and Projects:
https://sevlushfoods.com/en/

💰To Buy Token:
https://agroglorytime.io/

 
⚡️Live Chat:
rel='nofollow'>https://t.me/AgroGloryTime_chat 

Crypto Mint


🇪🇺 EU financial regulator to address off-shore crypto companies

The
European Securities and Markets Authority is responsible for establishing implementation details on the Markets in Crypto-Assets (MiCA) regulation, which is expected to be enacted in 2024 at the earliest. activities of off-shore crypto companies operating in the EU are under a microscope for the bloc's regulators.

The issue of reverse solicitation surfaced in last week’s FTX hearing at the European Parliament. Steffen Kern, head of the risk analysis and economics department at ESMA, said that reverse solicitation is a “particularly pronounced problem” in crypto and is a matter of concern for the regulator. EU are expected to continue playing a dominant crypto-market role.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


⚡️ Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse

The
Aragon Project increased the ether (ETH) holdings in its treasury by over $20 million in an attempt to improve its exposure to more censorship-resistant crypto assets. Aragon swapped $20.4 million worth of USDC and wrapped bitcoin for ETH.

Ether tokens now account for about 42% of the Aragon treasury which is currently worth $153 million. Aragon swapped another $5.2 million worth of wrapped bitcoin for BTC. The project’s treasury rebalancing also included moving $20 million in USDC to the DAI stablecoin. comprises a non-profit called the Aragon Association and DAO called the Aragon Network DAO.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


🇬🇧 UK’s 'biggest ever' scam leads to 100 arrests after police track bitcoin records

More
than 100 people were arrested in what the London’s Metropolitan Police calls “the UK’s biggest ever fraud operation” after taking down a fraud website called iSpoof used on 200,000 potential victims in Britain alone.

Scotland Yard’s Cyber Crime Unit worked in cross-national cooperation, including authorities in the U.S. and Ukraine, to take down the site this week. In a 20-month period, the Met police claims the operation earned the criminals almost £3.2 million ($3.9 million). Tracing bitcoin records, which was used to pay for iSpoof’s services, allowed the Cyber Crime Unit to narrow down suspects.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


💸 Llama and Gauntlet submit proposal to cover $1.6 million in bad debt on Aave

DeFi
management platform Llama and DeFi risk management outfit Gauntlet have submitted a governance proposal on Aave to cover the DeFi lender’s $1.6 million bad debt brought on by Tuesday’s short attempt.

The proposal calls for the use of Gauntlet’s insolvency fund and the Aave treasury to cover the bad debt. Gauntlet’s insolvency fund holds 4,923 staked Aave tokens, which is currently worth $283,000. The DeFi lender's treasury itself is worth $165 million, based on the last financial report by Llama, and can be used to cover the excess debt, the proposal added.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


💸 Web3 and VR gaming studio Thirdverse raises $15 million in latest funding round

Tokyo
-based web3 and VR gaming studio Thirdverse received backing from round leader MZ Web3 Fund as well as 8DAO, B Dash Ventures, Double Jump.tokyo, Fenbushi Capital, Flick Shot, Holdem Capital, Kusabi, OKCoinJapan, OKX Ventures and Yield Guild Games.

A company making a blockchain game based on the popular 80s football manga Captain Tsubasa raised $15 million in its latest funding round. The company previously raised $20.3 million over three rounds, including most recently its 2021 Series B featuring web3 gaming giant Animoca Brands. It did not respond to a request to confirm if this round is its Series C or to share its valuation.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


💰 Citadel CEO on FTX debacle: 'The turf war by American regulators has got to end'

Citadel
's billionaire founder and CEO Ken Griffin has weighed in on FTX's speculator collapse, calling on American regulators to cooperate with each other to better supervise the crypto industry. The bottom line is American investors have really gotten hurt to the tune of hundreds of billions of dollars.

Market observers have suggested that there might be a turf war brewing between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) over which regulator should take the lead when it comes to cryptocurrencies. Last year, CFTC's then-acting chairman and now chairman Rostin Behnam said that the agency should be the primary regulator of crypto markets.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


🇸🇻 President of El Salvador says ‘FTX is the opposite of Bitcoin’

El
Salvador’s President Nayib Bukele took to Twitter to proclaim the Bitcoin protocol as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange’s collapse on Nov. 14. Bukele, a staunch promoter and believer of Bitcoin, said the flagship crypto was designed to prevent Ponzi schemes, bank runs.

The Bitcoin blockchain is an open-source protocol, upon which any transaction can be verified by the public, as opposed to a Ponzi scheme, where investment funds are shrouded in secrecy. Examples cited by the President include Enron’s abuse of accounting practices to inflate the company’s revenues and conceal debt in its subsidiaries in 2021, American fraudster Bernie Madoff’s $64.8 billion Ponzi scheme in 2019.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


🇰🇳 St. Kitts and Nevis to adopt Bitcoin Cash as legal tender in 2023

St
. Kitts and Nevis Prime Minister Terrance Drew announced that BCH will become legal tender in the country by March 2023 during a BCH conference in St. Kitts and Nevis. He added that the country will also look into mining BCH and welcomes dialogue and exploration of “future opportunities” with the cryptocurrency.

The announcement comes amid a growing trend of mainstream adoption of cryptocurrencies, as demonstrated by the Central African Republic adopting Bitcoin (BTC) as legal tender in April. The announcement has led to debate over the country’s choice to adopt Bitcoin Cash instead of Bitcoin, with supporters of the decision pointing naysayers to the WhyBitcoinCash website for information.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


📣 Crypto.com Holds 20% of Its Reserves in Meme Token SHIB

Notable cryptocurrency exchange Crypto.com revealed today that it holds 20% of its reserves in the Shiba Inu (SHIB) token—a highly speculative “meme coin.”. Data from blockchain analysis firm Nansen shows that the platform holds the largest share (31%) of its digital assets in Bitcoin, followed by SHIB at 20%.

Crypto.com’s reserves also feature a significant quantity of Ethereum itself, making up about 17% of the firm's holdings, while the Tether (USDT) and USDC stablecoins each make up about 5% of the exchange’s reserves. Various other cryptocurrencies and tokens collectively account for another 20% of the total. The exchange revealed its reserves through an array of wallet addresses, which Nansen then collected into a single dashboard.

Source



Crypto Mint


⚡️ Buterin breaks silence on FTX debacle, says 'fraud cuts deeper'

Ethereum
founder Vitalik Buterin made his first direct comments on FTX's spectacular collapse late Friday, accusing former FTX CEO Sam Bankman-Fried of "virtue signaling.". But the events of the past week suggest the exchange was as unstable, and potentially fraudulent, as other high-profile failed crypto projects.

"MtGox 'looked' sketchy and never tried too hard to whitewash itself. Luna too," Buterin tweeted. Mt Gox, a Tokyo-based exchange, failed in 2014, after hundreds of thousands of bitcoin were stolen from its wallet. Luna's collapse earlier this year brought down the Terra ecosystem. Buterin's comments come at the end of a tumultuous week for crypto, which culminated with FTX filing for Chapter 11 bankruptcy.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


🚨 Senators moving forward with SBF-backed bill after FTX collapse

The
bipartisan authors of Senate legislation that would increase oversight of cryptocurrencies considered to be digital commodities in the U.S., like bitcoin, plan to move forward with the bill. one of the two U.S. markets regulators, more power over cryptocurrency markets and exchanges.

The recent collapse of a major cryptocurrency exchange reinforces the urgent need for greater federal oversight of this industry,” Senate Agriculture Committee Chair Debbie Stabenow, D-Mich., said in a statement. “Consumers continue to be harmed by the lack of transparency and accountability in this market. It is time for Congress to act. Leaders of the House Financial Services and Senate Banking Committees also have called for new legislation to help govern the industry in the wake of FTX’s shocking implosion.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


📣 Twitter Registers as Payments Biz as Post-Musk Dogecoin Gains Are Erased

The
Musk Twitter era is off to a rocky start, with several high-profile users vowing to leave the site after the controversial billionaire bought it. So far undeterred, the new leadership at Twitter has taken its first steps toward becoming a payment processor.

Twitter Payments LLC registered and filed its application as a money transmitter on November 4, 2022. The application says Twitter plans to conduct money services in the United States and several of its international territories. FinCEN defines a money transmitter as a person or organization providing money transmission services or any other person who transfers funds.

Source



Crypto Mint


🇺🇸 FTX turmoil, midterms scramble crypto’s D.C. agenda

With
the digital asset market tumbling, the industry's best-known face in Washington, D.C. in serious trouble, and control of the Senate in limbo, crypto policy advocates scrambled to chart a path forward on Wednesday. The credibility crisis they face comes at a key moment, as policymakers consider writing new rules for the industry.

Securities and Exchange Commission Chair Gary Gensler weighed in on the FTX turmoil, calling it part of a pattern that hurts investors. The Biden administration also has encouraged regulators to use existing rules to bolster its enforcement actions against crypto firms. Adding to industry tensions Wednesday, news broke that Binance pulled out of its letter of intent to effectively bail out troubled rival FTX, renewing fears of contagion in the crypto markets.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


🚨 Ether officially turns deflationary amid intense crypto-market fear

Ether
, the native coin of the Ethereum network, officially turned deflationary 55 days after The Merge — its transition from proof-of-work to proof-of-stake. The post-Merge supply of ether has declined by over 400 ETH ($469,000), as of 5:35 a.m. ET, according to the Ethereum supply tracking website ultrasound.money. Ethereum's deflation rate is currently 0.001% annually.

Though Ethereum proponents are widely pleased to see the total ether supply decrease, it comes at a worrying time for the blockchain and cryptocurrency industry. Following a withdrawal freeze, FTX announced its intention to sell to rival crypto exchange Binance after apparently turning insolvent. The high-profile event has spurred selling in the crypto markets as fears of widespread contagion spread. Merge never to have taken place and Ethereum remained proof-of-work, the total supply of ether.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


📣 Cardano founder says DOGE could help build decentralized Twitter

After
the widely publicized purchase of Twitter (NYSE: TWTR) by Tesla (NASDAQ: TSLA) CEO Elon Musk, the founder of Cardano (ADA) shared his thoughts on how the social network could be made decentralized using blockchain and cryptocurrencies. Charles Hoskinson explained how Dogecoin (DOGE) and Cardano could be deployed.

According to Hoskinson, this is where blockchain steps in; he highlighted Cardano is working on neutral cross-chain identity tools so “you can store these on a blockchain like the Cardano blockchain or Dogecoin” and use them with a verification-as-a-service API ecosystem. Hoskinson highlighted that DOGE could serve as an “advertising token and the veracity token and the marketplace token for prediction markets and the token required to issue NFTs.

Source



Crypto Mint


🇷🇺 Russia's Central Bank promotes crypto as means of internationalizing embattled economy

The
Central Bank of Russia is working on integrating crypto assets into the local financial system. The CBR released a report on digital assets, focusing on integrating them into financial systems. Main areas of concern included proper taxation and regulation of digital asset issuance.

Crypto's role in Russia, and particularly the central bank's increasing openness to crypto technology, comes as the country has tried to monetize its natural resources and move away from the US dollar, which is a powerful tool for sanctions and remains the currency of note in global oil and natural gas markets. Prior to invading Ukraine, President Vladimir Putin spoke out in favor of crypto and its possibilities for the Russian economy.

Source

https://t.me/Bitcoin_NewsTg

Crypto Mint


📣 Hoskinson’s Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods

Moderators
of the Dogecoin subreddit removed a post by Cardano founder Charles Hoskinson on a proposal to utilize both cryptocurrencies in a decentralized Twitter. Hoskinson said he remains “optimistic about a solid dialogue,” despite the snub. He also intends to “reach out to a few people” to advance discussions of the proposal.

Significant changes have been implemented following Elon Musk’s takeover of Twitter on October 28, including firing top executives, board dissolution, and a 50% reduction in headcount. Musk is considering the best step forward to realize plans for a blockchain-based social media platform. However, the latest news on the matter revealed that cryptocurrency integration is on the back burner for now. Hoskinson posted a video in which he shared his thoughts on building a decentralized Twitter with Dogecoin and Cardano.

Source



Crypto Mint

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