Weekly Update #36January 23, 2024password trackingMark Collins & Demetrius TSEASregulation:Report issued by UNODC, casino discovery, ()junket and cryptocurrencyCryptocurrency (or cryptocurrency) is a digital asset. Emerges as an important ML work in East and Southeast Asia: On January 15, the United Nations Office on Drugs and Crime (UNODC) released a report. report Title: ‘Casinos, Money Laundering, Underground Banking and Transnational Organized Crime in East and Southeast Asia: A Hidden, Accelerating Threat’. The report finds that illicit online casinos and e-junkets, along with illegal or poorly regulated cryptocurrency exchanges, have proliferated in recent years and have emerged as a significant part of…
Author: Crypto Flexs
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Recently, Ethereum (ETH) whales executed It is a series of transactions that involve significant movement of funds across various platforms. Spot On Chain, a blockchain analytics platform, initially highlighted this activity involving approximately $46.02 million in ETH tokens. The Whale decrypts $46 million ETH transfers across major platforms Operating through a network of eight wallets, the whale began withdrawing these funds from major exchanges Binance and Bitfinex.advertising The complexity of these transactions does not end there. After withdrawing at an average price of around $2,419 per ETH, Whale teamed up with Lido, a popular liquid staking solution. The move included…
Now that Spot Bitcoin ETF Approved According to the U.S. Securities and Exchange Commission (SEC), more ETFs are expected to enter the market, especially in the cryptocurrency market. Find the Ethereum ETF. Nonetheless, analysts at JP Morgan, an American multinational financial services company, expressed less optimistic views on the likelihood of approval of the Ethereum Spot ETF. Ethereum spot ETF expected to be approved In a note to clients published on Thursday, January 18, JP Morgan analysts, led by Nikolaos Panigirtzoglou, the financial services company’s managing director, said the expected Spot Ethereum ETF approved by the SEC. Analysts cited regulatory…
A widely respected cryptocurrency analyst believes that altcoins running on the Ethereum (ETH) network are primed for a big price surge. Trader Michaël van de Poppe told his 685,500 followers on social media platform According to Van de Poppe, LINK appears to be bullish on both Bitcoin (LINK/BTC) and the US dollar. “This seems ready to continue. The BTC pair is recording higher highs, higher lows and holding higher period support levels. “We expect it to rise to $25-$30 in the coming months.” source: Michael van de Poppe/X At the time of this writing, LINK is trading at $14.72, suggesting…
One of Bitcoin’s core value propositions is that no matter what happens, if you pay a high enough fee, some miner around the world will confirm your transaction. In other words, Bitcoin is resistant to censorship. There’s a very good reason why the phrase “censorship-resistant” rather than “censorship-proof” is a phrase we hear every time this topic comes up. Any individual miner can censor whatever they want. That means he can refuse to have something included in the blocks he mines. However, this does not prevent other miners from including the transaction in their own block whenever they find it.…
Mt. Gox Bitcoin (BTC) payments have become closer.CoinDesk, a leading source for cryptocurrency and digital asset news, has updated its Privacy Policy, Terms of Use, and Cookies. They do not sell personal information and strive to maintain high journalistic standards. In November 2023, CoinDesk was acquired by Bullish Group, owner of Bullish, a regulated digital asset exchange. Bullish Group is majority-owned by Block.one, and both companies have interests in blockchain and digital asset businesses. CoinDesk operates as an independent subsidiary and has an editorial board chaired by a former Wall Street Journal editor to ensure journalistic integrity. Mt. Gox Bitcoin…
The U.S. Securities and Exchange Commission (SEC) recently faced a serious cybersecurity breach when the X (formerly Twitter) account was hacked on January 9, 2024. The incident put the security measures of financial regulators and their presence on social media in the spotlight. Media platform. Accident Overview On the afternoon of January 9, an unauthorized party gained control of phone numbers associated with the SEC’s X account through a “SIM swap” attack. This allowed the hacker to post misleading information about the commission’s approval of a spot Bitcoin exchange-traded fund (ETF). A second post titled “$” followed the false announcement…
Recently, Ethereum (ETH) whales executed It is a series of transactions that involve significant movement of funds across various platforms. Spot On Chain, a blockchain analytics platform, initially highlighted this activity involving approximately $46.02 million in ETH tokens. The Whale decrypts $46 million ETH transfers across major platforms Operating through a network of eight wallets, the whale began withdrawing these funds from major exchanges Binance and Bitfinex. The complexity of these transactions does not end there. After withdrawing at an average price of around $2,419 per ETH, Whale teamed up with Lido, a popular liquid staking solution. The move included…
As the global economy groans under the weight of more debt piling on more debt, the Federal Reserve has added the attribute ‘social control’ to its definition of money. Will citizens of the world stop buying Bitcoin? Huge spending continues Currently, U.S. borrowing is increasing to completely unsustainable levels. Debt now exceeds $34 trillion, with interest alone exceeding $1 trillion, making it the largest item on the Treasury’s balance sheet. How can the United States double its spending to similar levels as a few years after the virus outbreak? That is, unless the government knows that all this extra spending…
While much has been made of spot Bitcoin ETF trading volume and net inflows of new capital since it was approved and began trading earlier this month, the lion’s share of buying and selling is spread across a few select instruments.Franklin Templeton’s spot Bitcoin ETF has so far not been part of the elite group of products offered by BlackRock, Fidelity and Grayscale, the three of which account for about 90% of total trading volume. But the Wall Street firm, founded in 1947, is confident its spot Bitcoin ETF product will gain popularity among financial advisors and investors.“It’s only a…