Lang Ti

Crypto Researcher
#BTC #ETH #LINK #zkSync

[$FatBassCat @fatbasscat]

#FATBASSCAT things are coming
big things❕

100mc will break easy soon✅

https://t.co/yf3fQ92YDb

[Lang Ti @Langtilimi]

@fatbasscat @ton_blockchain UQD8tA3BhYUYvmZQe1DiwT800MioPkz6K-y5J8bZBwPamqcb

Already holding #FATBASSCAT 🚀🚀🚀

[$FatBassCat @fatbasscat]

WE HAVE BURNED 50% OF THE TOTAL SUPPLY🔥🔥🔥

THE #FATBASSCAT TEAM NOW HOLDS 8.5%❕

WHICH WE WILL USE FOR AN EPIC #AIRDROP AND FOR STAKING❕

MAJOR #AIRDROP❕
@ton_blockchain

DROP YOUR F**
TON ADRESS BELLOW RETWEET+LIKE+FOLLOW

HUMPA PUMPPPPAAAA

https://t.co/yf3fQ92qND

[Lang Ti @Langtilimi]

🚀 When I trade crypto, I use Scopechat AI-powered trading reports on the latest trending tokens.

Just register and get more answers, Scopepoints & future rewards here https://t.co/1R183SWLXP
@trongducle975 @xingzemete @kangteleze

[Aura Network @AuraNetworkHQ]

The Year of Dragon's Li Xi: Unwrap your Blessings for 2024

Happy Lunar New Year!

Aura Network sends you the envelopes as a gesture of good wishes. You can also give your loved ones the envelopes using your fortune number, turning LiXi into Web3 style.

Details:

⏰ Time: 10th February - 20th February

📍 Venue: https://t.co/QMOA3wX1uT

Li Xi 🧧 comes in 3 exciting types, each offering different chances to win $AURA tokens and a guaranteed Dragon Gem:

⭐ Blue envelopes

⭐ Gold envelopes

⭐ Red envelopes

How to get your Li Xi: https://t.co/zZVC8xwqsT

Curious about Dragon Gems? 🐉

In the Year of the Dragon 2024, a radiant Dragon Gem was discovered, said to hold the key to endless fortune. Legends spoke of its ties to an ancient realm, promising incredible wonders to those who could wield its power. Thus began an epic journey as courageous adventurers set out to unlock the gem's secrets, ushering in a year filled with mythical quests and adventures.

Where to find your Fortune Number? 🔮

It’s somewhere on your X or other community channels. Aura Fortune Numbers are not just symbols, they can bring you real fortune, treasure, and joy!

The more the merrier! Let's make 2024 an amazing year filled with unforgettable memories!

Again! Happy Lunar New Year!

[Kevin Le @trongducle975]

Following #CEO Changpeng Zhao's guilty plea to money laundering charges, #Binance has witnessed significant #Bitcoin outflows. In just 12 hours, the exchange saw a reduction in its #Bitcoin balance from 665,000 to 657,000, translating to a substantial exodus of around 8,000 #Bitcoin, valued at approximately $288 million.

This development reflects customer concerns over the platform's reliability and integrity in handling extensive #cryptocurrency holdings, particularly #Bitcoin.

#Insights #Cryptocurrency #BTC

[Kevin Le @trongducle975]

The #GAM3 #Awards 2023, featuring a $2M prize pool, will honour the best in blockchain gaming on December 14th. From an initial 214 games, a panel of over 70 experts from major tech and gaming companies like #Amazon, #Google, and #Microsoft have shortlisted 40 games. The finalists span nine blockchain networks, with the top five being #Polygon, #Ethereum, #ImmutableX, #Arbitrum, and #Avalanche.

Games were judged on gameplay, mechanics, and overall quality, with community voting also influencing the outcomes. Key categories include the 'People’s Choice Award' and 'Game of the Year,' with nominees like #BigTime, #Wildcard, #Parallel, and #Deadrop standing out.

Prizes include cash grants and tech service credits provided by partners such as Amazon and Magic Eden. Community engagement features include a free mint for voters and a $100k prize pool. Voting runs from Nov. 22 to Dec. 1, with full nominee details available on the #GAM3 #Awards website.

#News #Cryptocurrency #GAME3 #Awards

[Kevin Le @trongducle975]

#JavierMilei's election as #President of #Argentina has ignited discussions about the country's potential shift towards #cryptocurrency, specifically #Bitcoin. Known for his strong support of #Bitcoin and criticism of central banks, Milei's win has coincided with a rise in Bitcoin’s price.

#Milei, who secured over 55% of the votes, has promised significant economic reforms, including the possibility of dollarizing Argentina's economy. This move could signal a significant change in the country's approach to financial policy, potentially leveraging digital currencies like #Bitcoin amidst high inflation and distrust of the #banking system.

Milei's presidency is now a focal point in global finance, as it may set a precedent for other nations facing similar #economic challenges.

#News #Cryptocurrency #BTC

[Kevin Le @trongducle975]

#Coinbase #CEO #BrianArmstrong has highlighted his company's commitment to regulatory compliance in response to Binance's recent legal troubles. He emphasized that #Coinbase has prioritized compliance and legal frameworks since its inception in 2012, viewing it as essential for long-term success.

Armstrong's statement came after #Binance agreed to pay over $4 billion in a settlement with U.S. authorities, and its CEO, #ChangpengZhao, resigned following money laundering charges. According to #Armstrong, this situation validates Coinbase’s approach to operating within legal and regulatory boundaries.

#Armstrong also used this opportunity to call for more explicit regulatory guidelines in the U.S., arguing that Americans shouldn't have to rely on offshore, unregulated exchanges. He advocates for developing the #crypto industry within America under U.S. laws.

Echoing Armstrong’s views, Coinbase’s Chief Legal Officer, #PaulGrewal, criticized the U.S.'s enforcement-focused regulatory approach, pushing for legislation to protect consumers and encourage a responsible domestic crypto market.

#News #Cryptocurrency #BTC #Coinbase

[Kevin Le @trongducle975]

#Polygon ID Release 5, an update to Polygon's digital identity protocol, introduces significant improvements, including a new on-chain issuer for creating diverse credentials from both on- and off-chain data. This enhancement expands the protocol's utility in the decentralized identity ecosystem. The update also features an improved Issuer Node, now available on significant cloud marketplaces, and a new credentials marketplace for easier access to credentials and issuers. These advancements and collaborations with various projects contribute to the expansion of the #Polygon ID ecosystem. The release positively influenced Polygon's #MATIC token, which experienced a 10% rise in value, reflecting a strong market reception.

#News #Cryptocurrency #BTC #MATIC

[Kevin Le @trongducle975]

#Ethereum co-founder #VitalikButerin revisits the #Plasma scaling solution, suggesting its potential resurgence with advancements in zero-knowledge proofs, particularly ZK-SNARKs. #Plasma, initially set aside due to limitations in scalability and adaptability, could now address these issues with improved technology. Buterin discusses #Plasma Cash, emphasizing its unique treatment of each coin as an #NFT and the importance of a #Plasma chain operator for block production and data availability. He highlights users' roles in monitoring for misconduct and the 'exit games' safety mechanism.

However, #Buterin acknowledges the difficulty of adapting #Plasma for complex Ethereum Virtual Machine (#EVM) applications. He proposes using validity proofs to create parallel UTXO graphs for #ETH and #ERC20 tokens, aiming for smoother #EVM interaction. Despite Plasma's limitations, particularly for state objects without clear economic owners, Buterin sees its renewed potential in reducing transaction fees and enhancing security. He suggests that #Plasma complements existing scaling solutions like rollups, highlighting its evolving role in blockchain technology.

In simpler terms, #Buterin suggests that #Plasma could make a comeback as an efficient tool for blockchain transactions with new technological improvements, particularly in zero-knowledge proofs. It could complement existing solutions like rollups, offering a more versatile and secure framework for handling transactions on #Ethereum.

#News #Cryptocurrency #BTC #ETH

[Kevin Le @trongducle975]

A recent fraudulent filing implying BlackRock's plans for an #XRP exchange-traded fund (#ETF) was debunked, causing a brief but sharp fluctuation in #XRP prices. #BlackRock confirmed that the filing, similar to its legitimate #Ethereum and #Bitcoin #ETF filings, was fake. No related proposals were submitted to the U.S. Securities and Exchange Commission (#SEC), reinforcing that #BlackRock is not pursuing an #XRP #ETF.

The false news briefly drove XRP's price up by 12%, from $0.65 to $0.73, before it fell back to its original level. The identity of the individual or group behind the fake filing remains unknown.

While creating an #XRP #ETF in the U.S. isn't entirely out of the question, Ripple's ongoing legal battle with the #SEC, particularly regarding institutional sales of #XRP as securities, makes it a less viable candidate for an #ETF. However, XRP-based exchange-traded products (#ETP) are already available in some European markets and are offered by firms like 21Shares and Coinshares.

#News #Cryptocurrency #BTC #ETH #XRP #SEC

[Kevin Le @trongducle975]

In a significant development in the legal battle between #Binance and the U.S. Securities and Exchange Commission (#SEC), both parties have agreed on a joint motion for a protective order. This order is intended to manage the handling and disclosure of confidential information during the lawsuit. This follows heightened regulatory actions by the #SEC under Chair Gary Gensler, particularly against digital-asset entities.

The protective order, if accepted, would limit the public’s access to specific sensitive data involved in the case. This could include non-public, proprietary #Binance and the #SEC information. The move reflects a cautious approach by both parties in dealing with sensitive legal and regulatory information, balancing the need for procedural integrity with the protection of interests.

This case is seen as a crucial test for future crypto regulation and highlights the challenges major industry players like #Binance face in navigating an increasingly complex regulatory environment. The outcome of this case could set a precedent for how digital asset companies operate under U.S. securities law, potentially impacting the broader #blockchain economy.

#News #Cryptocurrency #Binance #SEC

[Kevin Le @trongducle975]

Several ex-FTX executives, including former lawyer, Can Sun, have launched a new cryptocurrency exchange named #BackpackExchange in Dubai. This venture, spearheaded by Sun and supported by Armani Ferrante, CEO of Trek's holding company, and Claire Zhang, Sun’s former legal deputy at #FTX, focuses on ensuring customer fund security, a critical issue #FTX failed to address. Trek Labs, the startup behind #BackpackExchange, recently received a license for #crypto services in the region.

The exchange incorporates a self-custody solution using multiparty computation (MPC) techniques, allowing multiple parties to approve transactions and enhancing fund security. This feature also enables customers to verify their funds at any time, aiming to rebuild trust and transparency in the crypto market post-FTX.

#BackpackExchange, currently in beta, plans a broader launch later this month. The initiative comes in the wake of #FTX's collapse and the conviction of its former CEO, Sam Bankman-Fried, on fraud charges. Sun, a key witness in Bankman-Fried's trial, resigned from #FTX after learning about the misuse of customer funds, which he said contradicted his ethical standards. Bankman-Fried's empire had reportedly misappropriated about $9 billion in customer funds.

#News #Cryptocurrency #FTX #BackpackExchange

[Kevin Le @trongducle975]

#FTX and its #bankruptcy advisers have filed a lawsuit against crypto exchange #Bybit and its affiliates, accusing them of fraudulently withdrawing $953.2 million from #FTX just before its collapse. The lawsuit targets #Bybit, its investment arm #Mirana, crypto trading firm Time Research, and four executives. It alleges that #Mirana, a prominent trader on #FTX, misused its "VIP" status to expedite withdrawals when #FTX faced financial instability, thus diminishing available funds for other customers.

The lawsuit also accuses #Bybit of leveraging control over #FTX assets on its platform as a means to force the release of Mirana's account balance from #FTX. FTX’s advisers claim that #Bybit and its affiliates have continued to unlawfully prioritize their interests post-bankruptcy filing, including holding over $125 million of FTX's assets as leverage for a $20 million transfer to #Mirana and attempting to restrict and devalue #FTX's cryptocurrency tokens.

This legal action is part of #FTX's broader efforts to recover funds paid out in the 90 days preceding its bankruptcy under Chapter 11, which aims to prevent certain creditors from unfairly benefiting at the expense of others.

#News #Cryptocurrency #BTC #FTX #Bybit

[Kevin Le @trongducle975]

#Bitcoin experienced a significant price hike that briefly hit $38,000 before settling around $36,500, causing a substantial $440 million worth of market liquidations within 24 hours due to the sudden price movement. This volatility led to a remarkable, albeit temporary, 4.5% increase in #Bitcoin's market cap, marking one of its most significant single-day growths. Following these events, the Chicago Mercantile Exchange (#CME) overtook #Binance as the exchange with the highest open interest in #Bitcoin amidst a general decrease in open interest across the market.

#Insights #News #Cryptocurrency #BTC

[Kevin Le @trongducle975]

The upcoming 2024 #Bitcoin halving is expected to have a negative impact on the value of Bitcoin mining stocks, despite a recent 20% rise in #Bitcoin's price to around $35,000. While #Bitcoin has been gaining, mining stocks like Cleanspark, Bitfarms, Hut 8, and WGMI have seen declines ranging from 15% to 25%, with Riot Blockchain and Marathon Digital Holdings experiencing drops of 32% and 39%, respectively. The significant 41% decrease in Iris Energy's stock stands out against #Bitcoin's gains. Analysts suggest this downward trend in mining stocks reflects concerns that the halving event, which will reduce block rewards by half, may not be offset by a sufficient rise in Bitcoin's price, potentially affecting miners' future cash flows and sustainability.

#Insights #News #Cryptocurrency #BTC

[Kevin Le @trongducle975]

#FTX, the #cryptocurrency exchange that declared bankruptcy, has been actively liquidating its digital assets, with recent on-chain data showing about $316 million worth of #cryptocurrencies moved to other exchanges. A large portion of this, approximately $187 million, was in Solana (#SOL) tokens, signalling that the exchange may be exerting selling pressure on the market. Despite this, Solana's price has shown resilience, maintaining a level above $40 and even appreciating recently.

Other notable asset transfers from #FTX included Ethereum (#ETH) and tokens from various projects like Polygon (#MATIC), Lido (#LDO), #Maker, #Sushi, and #Aave, totalling tens of millions of dollars. These moves are part of the exchange's efforts to reimburse its customers and investors affected by the platform's collapse last year. #FTX is also in the process of selling its stakes in other #cryptocurrency funds, which are valued at $744 million, to further this cause.

#News #Cryptocurrency #BTC #SOL

[Kevin Le @trongducle975]

#OpenSea, a leading #NFT marketplace, is restructuring to stay ahead in the competitive digital collectibles arena, resulting in a 50% reduction of its workforce. CEO Devin Finzer announced that this decision aligns with a strategic pivot towards a leaner and more dynamic business model, gearing up to launch "OpenSea 2.0." The planned upgrade aims to improve technology, reliability, and user experience, along with implementing a flatter company hierarchy for better efficiency and innovation.

Despite the layoffs, Finzer praised the outgoing staff and assured them of comprehensive severance packages, continuing a pattern of workforce reductions that began with a 20% cut in July 2022 due to economic headwinds. #OpenSea focuses on an iterative public rollout of the new platform, prioritizing community input and agility in product development as it seeks to reclaim its pioneering status in the #NFT space.

#News #Cryptocurrency #NFT #OpenSea

[Lang Ti @Langtilimi]

@RoqTechnology wow