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Bitboy arrested ??
BitBoy got arrested live on stream. He came with a gun to the house of a former employee who allegedly stole his lambo and brought his mistress with him while streaming it all on YouTube until the cops arrived.
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Taiwan finally into web 3 ??
Taiwan has released guidelines for crypto based companies... Under the new guidelines, domestic crypto platforms must ensure the separation and custody of companies’ and customers’ assets, establish review standards for virtual asset listing and delisting, and strengthen information disclosure, the Financial Supervisory Commission said in a statement. Additionally, it was mentioned that:
1) Derivatives, STOs, and stablecoins are prohibited;
2) Overseas companies are not allowed to solicit customers;
3) Platforms must appoint accountants to issue reports every year;
4) Only independent market makers are allowed
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apan May ease the crypto regulations ??
The Japan Crypto Asset Business Association submitted a draft of IEO reforms to make it easier for Japanese companies to conduct ICO/IEO
Read more: cryptocurrency-association.org
Gemini to invest $24 million in Gurgaon engineering hub ??
Gemini, a cryptocurrency exchange, opened its office within the Cyber Hub at Campus Cyber Greens. It is believed that this month, there are over 70 Gemini employees based in Gurgaon. Over the next two years, Gemini plans to invest about Rs 200 crores ($24 million) to develop its centre in Gurgaon, india.
Read more: Financel Express
SEC objects to Coinbase's role in Celsius Network's bankruptcy plan ??
SEC lodged a limited objection to Celsius Network's reorganization plan. This followed the fourth revision of the bankruptcy plan proposed by Celsius on August 15, 2023, which has yet to be approved. The SEC's objection stems from inconsistencies in the documents filed as part of the Plan supplement and potential violations of federal securities law.
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HTX is suspicious ??
HTX claims that it possesses $200 million of ETH in user deposits, but the DeFi Lama shows that exchange wallet only has $113 million of ETH, WETH, and stETH combined. HTX claims that it possesses $624 million of USDT owned by users, but on-chain stats show that there is only $119 million USDT held by the exchange wallets. The rest is in the form of "stUSDT".
We can get stUSD by staking a stablecoin e.g. TUSD.....
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Chase is banning crypto-linked payments for the UK ??
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.
They claimed that: "fraudsters are increasingly using crypto assets to steal large sums of money from people”
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Celestia finally announced its highly anticipated airdrop ??
Over 7,579 developers and 576,653 onchain addresses will have the opportunity to join Celestia from the first block i.e. receive first tokens...
One-third (20M TIA) of the Genesis Drop is allocated to 7,579 developers and researchers & Two-thirds were allocated to 576,653 onchain addresses
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BRC 20 has an alternative now ??
Casey, the founder of Bitcoin Ordinals, proposed a new protocol RUNES as an alternative to BRC-20. Rune balances are held by UTXOs. A UTXO can contain any amount of any number of runes. Casey said that BRC-20 has caused the adverse consequences of a large increase in UTXO, 99% of which are scams and memes.
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Fhenix raised $7 Million in seed funding ??
Fhenix is revolutionizing the blockchain space by utilizing Fully Homomorphic Encryption for confidential smart contracts on public blockchains. One of the most pressing challenges in the blockchain space is ensuring privacy, and Fully Homomorphic Encryption (FHE) presents a promising solution. By leveraging FHE's ability to process encrypted data, they can effectively address privacy concerns, creating a safer environment for Web3 applications.
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Avantis raised $4 Million as Base continues to grow ??
Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.
Read more: TechCrunch
Unclaimed ARB Tokens Worth $56M Returned To DAO treasury ??
Eligible Users Had Six Months To Claim $1.7B ARB Airdrop From Leading Ethereum Layer 2 Network. Now it will be upon DAO on how to ustilize them...
Read more: TheDefiant
