@Сryptoz ₿
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There is a huge difference between «$35k + $100k in staking for a gold visa» and just «applying».
It was misleading marketing. You could have painted the details right away.
And the pump of the token against this background... This harms the entire crypto industry.
@Сryptoz ₿
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@Сryptoz ₿
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KuCoin has not responded to official appeals for months and does not freeze stolen funds that come after major incidents.
This comment was left by the cryptodetective in response to the post of CEO of KuCoin, who said that "it is impossible to build trust without complying with compliance standards".standards».
@Сryptoz ₿
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Portnoy Law Law initiated legal proceedings against Strategy on behalf of investors who bought shares between April 30, 2024 and April 4, 2025.
The lawsuit states that:
➥ The company overestimated the profitability of its BTC strategy.
➥ Underestimated the risks of BTC volatility and the consequences of the new accounting standard ASU 2023-08.
➥ In April, Strategy reported $5,910,000,000 of unrealized losses, which led to a fall of almost 9% in shares.
@Сryptoz ₿
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The federal government approved the establishment of the Virtual Assets Regulatory Authority (PVARA), the country’s first independent body to regulate digital assets.
✧ The agency will deal with licensing and supervision of crypto companies.
✧ All processes will meet the standards of the FATF, IMF and the World Bank.
✧ Particular attention will be paid to the fight against money laundering, cyber threats and energy efficiency.
✧ The authorities intend to attract investments and turn the country into a key crypto hub in South Asia.
There are already more than 40,000,000 cryptocurrency users in Pakistan.
@Сryptoz ₿
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If they saved them, then today it is $65,000,000+.
We are happy for them, but not with all our hearts...
@Сryptoz ₿
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The #USDT issuer has accumulated almost 80 tons of gold in its own Swiss storage, becoming one of the largest private gold holders in the world.
Precious metals make up about 5% of Tether’s reserves.
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CEO Eigen Labs: «The reduction of staff was not motivated by financial considerations, the project is still in the stage of financial recovery - it’s just a reorganization of resources.»
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The American media company GameSquare is launching a strategy for managing ETH reserves and intends to gradually invest up to $100,000,000 in Ethereum.
It also provides for the use of additional income tools in the Ethereum ecosystem, including those based on stablecoins and NFTs.
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Tomorrow Heimdall v2 is launched in the Polygon PoS network - technically the most difficult hard fork since the start of the project.
Main changes:
⊹ Full transition from the outdated Tendermint engine (2018) to CometBFT + Cosmos-SDK v0.50.
⊹ The finality of the blocks will be reduced to ~5 seconds.
⊹ Safer bridges.
@Сryptoz ₿
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The regulator is working on a new procedure that will allow exchanges to launch ETFs without long-term approval on form 19b-4.
It is proposed to approve a unified standard similar to the rules for traditional ETFs.
This can open the way for dozens of new crypto funds.
The draft of the new rules can be published as early as July, and their entry into force is expected in the fall.
@Сryptoz ₿
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Three giants have signed an agreement on the introduction of advanced digital payment solutions to make travel and shopping as comfortable and innovative as possible.
This initiative is also in line with Dubai’s large-scale D33 strategy aimed at turning the city into a global center of the digital economy.
@Сryptoz ₿
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#WetDreams #BTC
☕️ Kryptans on Twitter discuss the version of working out the figure from the classic TA «Cup with a handle» on Bitcoin (with a goal of $140,000+).
@Сryptoz ₿
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#gmx #arb
👌 GMX exchange offers a hacker a reward of 10% for the return of stolen funds (tx)
@Сryptoz ₿
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@Сryptoz ₿
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Three Democratic senators introduced the El Salvador Accountability Act, demanding sanctions against President Salvador Naib Bukele and his entourage.
What are they accused of:
⊹ Human rights violations (especially within the framework of the state of emergency).
⊹ BTC abuse, including to circumvent sanctions and corruption.
What they offer:
⊹ The freezing of assets in the United States.
⊹ Visa refusal.
⊹ Suspension of financial assistance.
Also, the State Department will have to report within 90 days:
⊹ How much money did El Salvador spend on BTC.
⊹ What exchanges and wallets were used.
⊹ Are there any risks of circumventing sanctions through the crypt.
The President of El Salvador has already ridiculed the initiative on Twitter, hinting that congressmen are simply «burning».
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The new structure of BNB Treasury Company will start buying up and holding BNB with plans to enter the stock exchange in the United States.
➤ The Project is launched with the participation of YZi Labs (formerly Binance Labs) and 10X Capital.
➤ CEO David Namdar (co-founder of Galaxy Digital) was appointed.
➤ Asset management will be handled by 10X Capital.
The goal — is to provide institutional and retail investors in the United States with access to the BNB Chain ecosystem.
@Сryptoz ₿
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✦ Companies are again massively entering the crypt - now under the pretext of «treasury strategy».
✦ It all started with Michael Saylor’s MicroStrategy, which bought out 597,625 BTC ($64.8b) and turned into a «Bitcoin ETF on steroids».
✦ Now dozens of companies, from the Japanese Metaplanet to the Spanish unprofitable coffee shop Vanadi Coffee, are trying to repeat the success - they attract capital from investors and buy BTC.
✦ Experts draw parallels with ICO and NFT booms:
⊹ Companies without experience in the crypt go to BTC for the sake of hype.
⊹ The volatility of the token makes it unsuitable for salaries and operating expenses.
⊹ When the exchange rate falls, a wave of forced sales is possible.
All this can lead to another collapse of the crypto market.
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