Crypto Mountains
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👀 Crypto Mountains - cult channel about cryptocurrencies and blockchain 👀

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🚫 Kazakhstan Officials Bust $75.4M in Illegal Crypto Deals

💥 Crypto Crimes Blocked
Kazakhstan's financial watchdog, the AFM, proudly announced on Telegram that they've foiled 18 illegal crypto transactions and mining schemes, putting a stop to a whopping $75.4 million in shady deals.

➡️ Sentences Served
In a stern crackdown, Kazakh courts have handed down six convictions for "illegal buying and selling" of digital assets, leading to the seizure of assets worth $2.51 million and jail terms of up to three and a half years for four offenders.

🔒 Exchange Exposed
One Russian national felt the heat as he was sentenced to two years behind bars for running an illicit crypto exchange on Kazakh soil. The AFM confiscated his ill-gotten gains totaling over $121,600 and froze an additional $12.1 million in criminal proceeds.

🟢 Mining Monitored
Not just exchanges, but even crypto miners face strict regulations in Kazakhstan. To connect to the grid, they must navigate licensing hurdles set by the AFM, which warns of rising cybercrime fueled by "digital technologies" and vows to stay one step ahead with its specialized units.

💰 Funds Fiasco
The AFM isn't just after crypto crooks; it's also keeping an eye on the public purse. Three cases of "state funds theft" have been uncovered, involving money meant for digital infrastructure and complaint digitization.
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⛳️ 🏌️‍♂️$GOLF | $SOL-meme token with great potential and formed liquidity

Entry: $0.00064
TP: 0.01$
Potential: x14 from current price

Recently listed on MEXC and then the price growth 112% and now moving in uptrend. Now I see a formed support level where I plan to buy and gain a position in the long term ☘️

🤔 What I expect from $GOLF in the near future:

> New listings on CEX & DEX and growth mCap and trading volume

> Collaborations with tier1 celebrity's like in the case of $WATER

⚡️Trade $GOLF on MEXC
Read news at X | Telegram
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🚀 Crypto's Trump Card: A Turning Point for the Industry?

🤔 Silence Speaks Volumes: Trump's Crypto Curiosity Unveiled
The anticipation was palpable as Trump sat down with Elon Musk, but the crypto community was left hanging. No mention of cryptocurrency? It's a surprising omission that begs interpretation. Is it a strategic move to avoid controversy or a sign of shifting priorities?

➡️ Skepticism vs. Optimism: Decoding Trump's Promises
While some cautiously hope for genuine support, others, like Moe Vela, urge us to take Trump's promises "with a grain of salt." The crypto community remains divided, unsure if this is just political rhetoric or a game-changing endorsement.

💼 CTO's Insight: A Regulatory Revolution on the Horizon?
Kadan Stadlemann, Komodo's CTO, sees beyond the skepticism. He believes that Trump's pro-crypto stance could be more than mere words, potentially sparking a regulatory revolution and fueling the next bull run in the industry.

🔴 Electioneering or Evolution? Trump and Cryptocurrencies
Trump's relationship with crypto has been a rollercoaster ride. From skepticism to now cautiously embracing the digital frontier, it seems he's adapting to capture the attention of younger, tech-savvy voters. Is this a genuine evolution or just another campaign strategy?
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🔴 AEUR Holders Beware: FlowBank Bankruptcy Sparks Loss Concerns

📉 FlowBank SA's bankruptcy has sent shockwaves through the crypto community, with AEUR stablecoin holders now facing potential financial losses. The Swiss bank's undercapitalization has put the 1:1 peg to the Euro at risk.

FlowBank SA's downfall began long before its recent bankruptcy filing. FINMA's scrutiny since 2021 revealed deep-rooted issues, from inadequate reserves to poor risk management.

💼 Despite efforts to right the ship, FlowBank SA failed to meet capital requirements, leading to further enforcement actions in 2022. Now, the collateral backing AEUR is caught up in the bank's insolvency proceedings, leaving holders in a precarious position.

🔒 Anchored Coins AG, the issuer of AEUR, has been quick to address concerns but admits that if the collateral cannot be recovered, the 1:1 redeemability may be compromised.

For now, new clients and stablecoin transactions are on hold as Anchored Coins AG works to navigate this storm. The fate of AEUR hangs in the balance as bankruptcy proceedings unfold.
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🛡 Bybit Introduces P2P Shield to Combat Fraud and Restore User Confidence

🌐 In a bid to restore trust in the peer-to-peer (P2P) cryptocurrency trading arena, Bybit, the world's second-largest crypto exchange, has launched an innovative solution - the Bybit P2P Shield.

🔒 Designed to tackle fraudulent activities head-on, this new initiative is a game-changer for blockchain, especially in the realm of direct asset exchanges between users.

💰 Bybit's P2P Shield offers financial protection to those who fall victim to scams during their transactions on the platform, compensating eligible users for their losses.

⚠️ The need for such security measures was underscored by a string of fraudulent trades earlier this year, where crafty scammers exploited vulnerabilities in the system.

🌍 Initially available in select regions, Bybit has plans to roll out global coverage for its P2P Shield, ensuring a wider user base can benefit from this added layer of protection.

🔍 While this development is undoubtedly a step in the right direction, Bybit emphasizes that vigilance remains crucial. Users are urged to exercise caution and conduct due diligence when engaging in P2P trading.
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🔒 FSB Charges Scientist with Treason: Crypto Transfers to Ukraine Raise Eyebrows

⚡️ In a shocking turn of events, Russia's FSB has leveled serious accusations against a Moscow-based scientist, alleging that he committed an act of "treason" by sending cryptocurrency to the Ukrainian Armed Forces.

💼 The scientist, who remains unnamed, was identified as an employee of a scientific organization in Moscow. According to the FSB, he had a peculiar habit of regularly transferring his personal funds and digital assets to Ukrainian military wallets.

🌐 But it doesn't stop there. The FSB claims that this researcher's involvement went beyond mere financial support. They assert that he actively participated in DDoS attacks, targeting a critical Russian structure. DDoS attacks, as you may know, overload servers and disrupt online services.

As is often the case with such sensitive matters, the FSB has been tight-lipped about certain details. They have not disclosed the specific amount or type of cryptocurrency involved, nor have they revealed the names of the scientific institution or the Russian facility affected by the cyber onslaught.

‼️ The gravity of these allegations cannot be understated. The FSB has formally initiated a criminal case, invoking Russia's Criminal Code and classifying the offense as "high treason." It seems that this scientist's alleged dalliance with Ukrainian intelligence has landed him in hot water.
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🌟 Kamala Harris Redefines Democratic Party, Says Billionaire Mark Cuban

🤔 Mark Cuban's Take on Kamala Harris
Billionaire investor Mark Cuban has made a bold claim on social media, asserting that Kamala Harris is not just following the Democratic Party line but redefining it. According to Cuban, the party is now aligning itself with Harris's unique policies, making her a true game-changer.

💼 Pro-Business and Independent
Cuban further praises Harris for her pro-business stance and independent thinking. He sees her as a refreshing departure from ideological rigidity, emphasizing that she is carving out her own path.

🎙 Harris's DNC Speech Sets the Tone
Harris's recent acceptance speech at the Democratic National Convention in Chicago showcased her policy goals on various contentious issues. While she didn't touch on digital assets directly, she vowed to represent all Americans and foster unity.

📈 Harris Surges Ahead in Polls
Following Joe Biden's withdrawal from the race, Harris has surged ahead of Republican nominee Donald Trump in national polls. This unexpected turn of events has only bolstered Cuban's support for the former prosecutor.

💡 A New Era for Business and Blockchain?
Cuban believes that Harris might be more receptive to the blockchain sector than her predecessors. In an interview with Politico, he hinted at a potential shift in policy towards embracing emerging technologies like AI and crypto.

🔴 Crypto Policies Gain Importance
As the race between Trump and Harris heats up, their respective stances on cryptocurrencies could become crucial. With Cuban's endorsement and his insights into Harris's potential openness to innovation, the crypto community is paying close attention.
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11 years of history, the founder’s escape, the construction of the project by enthusiasts and the true blockchain spirit.

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🔒 CoinSwitch Takes Legal Action Against WazirX to Reclaim $9M in Trapped Funds

💼 As WazirX grapples with the aftermath of a staggering $230 million hack, rival exchange CoinSwitch is fighting back, filing a lawsuit to retrieve over $9 million in funds held hostage.

🔄 CoinSwitch, known for its exchange aggregation services, revealed on X that it has sizeable assets locked within WazirX's platform, spanning fiat, ERC20 tokens, and various cryptocurrencies. Despite persistent efforts to find common ground, the trapped funds remain out of reach.

➡️ While the affected amount represents less than 1% of CoinSwitch's overall holdings, the exchange is tapping into its own reserves to maintain stability and ensure a 1:1 ratio for user accounts. In a statement, CoinSwitch expressed its frustration and announced the decision to pursue legal recourse.

📢 WazirX's CEO Nischal Shetty fired back on X, emphasizing their commitment to treating all users fairly and dismissing any notion of preferential treatment.

🔴 In a parallel development, WazirX's parent company Zettai has sought shelter under Singapore's Insolvency Act by filing for a moratorium in the High Court. This strategic move aims to restructure liabilities and create a solid recovery plan while temporarily shielding the company from debt collection efforts.
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🚀 Robot Ventures Rockets to Success with $75M in Funding for Crypto Startups

🤖 Robot Ventures, the forward-thinking crypto VC firm, has just secured a whopping $75 million in its latest funding round. This injection of capital comes at a perfect time, as the market for early-stage blockchain and crypto startups begins to bounce back.

🌐 With investors like TrueBridge Capital Partners and Haun Ventures on board, as well as big names like Marc Andreessen, Robot Ventures is proving that it's not just any ordinary fund. Co-founded by Tarun Chitra and Robert Leshner in 2018, this team brings a unique perspective to the table.

🔍 "We're not just investors," says Chitra. "We're players in the game too." By actively managing their own crypto businesses, they have their finger on the pulse of the industry, allowing them to spot emerging projects with game-changing potential.

💰 This latest funding round has more than tripled Robot Ventures' total capital, taking it from $22 million to an impressive new high. And they're not just sitting on this cash – they've already made strategic investments in exciting ventures like EigenLayer, Lido Finance, Flashbots, and Together AI.

📈 As the crypto market makes a comeback after a rough patch, Robot Ventures is doubling down on its commitment to early-stage startups. "Bear markets are where we shine," says Leshner. With their experience navigating multiple cycles, they're ready to seize opportunities and ride the wave of this upward trajectory.
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🚨 SEC Charges Galois Capital for Investor Harm: Custody and Disclosure Failures Exposed!

💼 Crypto advisory firm Galois Capital Management LLC is in hot water with the US Securities and Exchange Commission (SEC). The regulatory watchdog has slapped them with charges related to custody and disclosure failures that have left investors feeling the burn.

💰 In a bid to make amends, Galois Capital has agreed to cough up a hefty sum of $225,000, which will be distributed among those who suffered losses due to the firm's missteps.

🔒 Acting as an investment advisor for a private fund focused on digital assets, Galois Capital failed to live up to its promise of ensuring that certain crypto holdings were kept safe with a qualified custodian. This oversight puts them in direct violation of the Investment Advisors Act's Custody Rule.

📉 Adding insult to injury, it turns out that some of Galois' assets were chilling in online trading accounts, including one notorious platform – FTX. If you recall, FTX made headlines for all the wrong reasons when it went belly-up in November 2022, leaving investors high and dry.

💔 The fallout from FTX's collapse hit Galois hard, resulting in a staggering 50% loss of their assets. Ouch!

🗣 To make matters worse, the SEC has also accused Galois Capital of misleading investors when it came to redemption procedures. Apparently, there was some confusion about the notice period, leaving some investors caught off guard.
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MemeFi Airdrop on Oct 9: Few Weeks Left to Mine!

Our frens at MemeFi have made two huge announcements:

Listing & airdrop planned for Oct 9
Backing by top names in the industry: Consensys, Oddiyana Ventures, Mapleblock Capita, Forj from Animoca Brands and NxGen (this is only the first round!)

Really excited about what MemeFi has in store for the post-TGE future, especially with such support.

Use these few weeks to grow your $MEMEFI stash ⤵️

JOIN: @memefi_coin_bot
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