Binance and SEC Clash Over Evidence Production and Witness Depositions in Ongoing Legal Battle
πΆ The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SECβs case against the leading cryptocurrency exchange.
π₯ According to a joint status report filed on January 25, the SEC alleges that BAM Trading Services, the parent company of Binance.US, has not fully complied with its information requests. The regulatory body seeks detailed insights into the custody and liquidity of assets, expressing concerns that Binance US might have undisclosed control mechanisms over customer funds, reminiscent of the FTX scandal.
πΆ BAMβs attorneys vehemently refute these allegations, asserting that the company has adhered to all document production requirements stipulated in the consent order and the expedited recovery request. They argue that the SECβs methods, including issuing a Temporary Restraining Order (TRO) and pursuing expedited discovery, have imposed an undue burden on BAM.
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FAM! To celebrate the opening of Love Power Marketplace weβre having a massive giveaway for everybody and a special contest for #NFTartists! β€οΈ
π We are launching Love Power Marketplace β the first decentralised trading platform with the feature of P2P NFT token exchange!! Join us, participate and get great prizes π
A few simple steps to get your prizes and gifts π
πPrize fund: 30 000 LOVE tokens $90 000 worth
πPrizes: 5 LOVE tokens to each participant
πSuper prizes: 300 LOVE tokens ($900) to a random lucky one!
πDate: January 30th to February 16th
πThe prizes release date: 6 weeks after the end of the giveaway
πHow to participateπ
πClick the airdrop link and complete all the tasks: https://gleam.io/K8flq/love-power-marketplace-giveaway
πThe more tasks you complete, the higher the chance of winning the super prize!
Don't forget to share our giveaway with your friends too! Thank you and good luck!!
π We are launching Love Power Marketplace β the first decentralised trading platform with the feature of P2P NFT token exchange!! Join us, participate and get great prizes π
A few simple steps to get your prizes and gifts π
πPrize fund: 30 000 LOVE tokens $90 000 worth
πPrizes: 5 LOVE tokens to each participant
πSuper prizes: 300 LOVE tokens ($900) to a random lucky one!
πDate: January 30th to February 16th
πThe prizes release date: 6 weeks after the end of the giveaway
πHow to participateπ
πClick the airdrop link and complete all the tasks: https://gleam.io/K8flq/love-power-marketplace-giveaway
πThe more tasks you complete, the higher the chance of winning the super prize!
Don't forget to share our giveaway with your friends too! Thank you and good luck!!
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β’ Investment opportunities up to 500% annualized
β’ sale of ready-made Banks, Crypto, Forex, EMI/PI, MSB, Asset Management, Gaming licenses
β’ sale of ready-made companies with bank accounts in 120+ jurisdictions
β’ registration of companies for Crypto, Forex, Fintech, IT, Gaming, Trading activities
β’ turnkey setup of Crypto exchanges including software and liquidity
β’ ICO/STO/crowdfunding legal support
β’ obtaining Crypto, Forex, Banking, EMI/PI, MSB, Asset Management, Gaming licenses worldwide
β’ banking and cards processing solutions
β’ Visa/MC cards issuing
β’ software & WL solutions for Banks, Crypto, Forex, Fintech, Gaming projects
β’ providing AML officers and offices
β’ drafting contracts, legal opinions, AML and website policies etc
β’ accounting & audit
β’ international attorney-at-law services
β’ full legal support 24/7
Tap to check available licenses for sale: @EternityLaw ππ»
About us: eternitylaw.com π¬π§
π UAE and China Lead the Way with $13.6M CBDC Breakthrough!
π¦πͺ The United Arab Emirates and China have just made history in the world of digital finance, as they successfully conducted their first-ever cross-border central bank digital currency (CBDC) transaction. And it's no small change β we're talking about a whopping $13.6 million!
π€ This groundbreaking payment took place during the grand celebration of the Central Bank of UAE's 50th anniversary in Abu Dhabi, where high-ranking officials from both nations gathered to witness this momentous occasion.
π± Thanks to the innovative m-CBDC Bridge platform, digital dirhams and digital yuan were seamlessly exchanged, showcasing the immense potential of digital currencies in facilitating global financial transactions.
π The event was nothing short of spectacular, with nearly a thousand attendees and esteemed guests like Vice President Mansour bin Zayed Al Nahyan and Chinese Ambassador Zhang Yiming gracing the occasion.
π In a true display of collaboration, Mansour and Zhang jointly initiated this landmark payment, officially launching the m-CBDC Bridge's real-time capabilities. It's a significant step forward after the successful pilot phase earlier this year.
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With $JAM paving the way for artists to seize control of their financial destiny, it's time to tune in and witness this groundbreaking fusion of creativity and technology! π¨π‘
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Largest DEX (saucerswap)
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El Salvador's Bitcoin Revolution Continues: Bukele Triumphs in Re-election Poll!
π A Landslide Victory: President Nayib Bukele is riding high on a wave of support, as early results suggest an overwhelming 85% of the electorate has chosen to keep him at the helm. Not only that, but his party, Nuevas Ideas, is poised to secure a staggering 58 out of 60 seats in the legislative assembly.
π² Making History: Bukele isn't one to shy away from bold claims, and this time he's raising the stakes even higher. With a touch of bravado, he proclaims, "This is not just a win; it's a world record in democratic history!" It seems El Salvador's political landscape is experiencing seismic shifts.
π Polls and Predictions: While we await the official word from electoral authorities, the numbers seem to align with the findings of respected research firm CID Gallup. Their latest report suggests that Bukele's victory could be even more resounding, with an impressive 87% of voters backing him and his progressive agenda.
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Thailand's Digital Asset Hub Takes Off: VAT-Free Crypto Trading Signals New Era
π Thailand is making bold moves to establish itself as a digital asset hub, with the Finance Ministry leading the charge by introducing a game-changing policy: no VAT on crypto trading.
π² The goal? To supercharge fundraising and foster the growth of the digital asset industry, says Bangkok Post. It's all part of Thailand's vision for a thriving digital economy.
π° Starting January 1, 2024, investors and traders can rejoice as they are exempt from the 7% VAT that used to be levied on their cryptocurrency and digital token earnings. And here's the kicker β this incentive has no expiry date!
πΉπ Thailand is sending a clear message to the world: it's time to embrace the future of finance, and they're leading the way with a tax-friendly environment for digital assets. Get ready for a new era of opportunity in the Land of Smiles!
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Bitcoin Rockets Past $46,000 as ETFs Boost Investor Confidence
π Bitcoin (BTC) is on a meteoric rise, smashing through the $46,000 barrier and reaching its highest point in a month. The cryptocurrency's surge can be attributed to steady inflows into US-based funds and the buzz surrounding April's halving event. With a 7.3% gain over the past week, BTC is now trading at around $46,246.
πΌ The introduction of new spot Bitcoin ETFs has sparked significant interest, with an impressive streak of 10 consecutive days of net inflows. This influx of capital has pushed the total to a staggering $8 billion this week, highlighting the strong demand from investors.
β
Notably, two major players in the financial world have made their mark in the crypto space. BlackRock's iShares Bitcoin Trust (IBIT) secured the eighth spot on Morningstar's list with a whopping $2.6 billion in net flows, while Fidelity Wise Origin Bitcoin ETF (FBTC) claimed the tenth spot with $2.2 billion.
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π The next MASSIVE #SOL #Memecoin is HERE
Hereβs all you need to know β¬οΈ
π Project Name: SMOG
β Ticker Name: $SMOG
π Total Supply: 1,400,000,000
β Contract Address: FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8
π Launch Price - $0.001419
πΈ Current Price - $0.032536
π£ Token Holders- 14,606
π Last 24H: +159.3%
π Chain: Solana
π° MarketCap: $45,348,475
π Smog is currently TRENDING in the last 24h on Dextools, Dexscreener & Birdeye!
β Follow @SMOGtoken on X: https://twitter.com/SMOGToken
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Hereβs all you need to know β¬οΈ
π Project Name: SMOG
β Ticker Name: $SMOG
π Total Supply: 1,400,000,000
β Contract Address: FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8
π Launch Price - $0.001419
πΈ Current Price - $0.032536
π£ Token Holders- 14,606
π Last 24H: +159.3%
π Chain: Solana
π° MarketCap: $45,348,475
π Smog is currently TRENDING in the last 24h on Dextools, Dexscreener & Birdeye!
β Follow @SMOGtoken on X: https://twitter.com/SMOGToken
π₯Join our TG: https://t.me/SMOGToken
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Waterfall is the most decentralized BlockDAG protocol currently available π
π Key Features:
π This decentralized platform has the potential to attract much more validators than other protocols.
π Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
π High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
π Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
π Key Features:
π This decentralized platform has the potential to attract much more validators than other protocols.
π Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
π High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
π Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
Blockchain Association Sounds Alarm: Warren's Anti-Crypto Bill Jeopardizes US Jobs and Security
πΌ The Blockchain Association is raising red flags once again, this time about a bill backed by Senator Elizabeth Warren that could have dire consequences for the crypto industry.
π² Titled the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA), this legislation has garnered support from 19 other Senators, leaving the crypto community deeply concerned.
π¬ In November, the Association sent an initial letter signed by 40 former military and intelligence officers. Now, with 80 signatories, their message is even stronger.
π While the first letter aimed to debunk exaggerated claims linking crypto to international conflicts, this one shifts focus to the policy implications of Warren's bill.
πΌ According to the Association, this legislation not only puts our nation's strategic advantage at risk but also endangers thousands of American jobs, all while doing little to combat illicit activities in the crypto world.
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The GTA Token team is delighted to announce the start of collaboration with the Gotbit Hedge Fund πππ
π₯ $ORIS is listed on LBank: buy the best utility token! π₯
π What is Oris Coin?
ORIS is the ultimate utility token that brings together eGaming, NFTs & eCommerce as part of the same metaverse.
π Product: ORIS will soon be integrated in the EstateX RWA platform, NFT Ville marketplace, Zapit payment app, GameOn GambleFi app & more
πͺ Audits: Certik with a 100% positive result
β Blockchain: Polygon
π΅ LBank: a top-25 exchange available in 200 regions, with $1.4 billion daily trading volume
π° 50x potential: definitely, since ORIS has more utility than just about any other new token
Buy ASAP before the bug pump!
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Website
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π What is Oris Coin?
ORIS is the ultimate utility token that brings together eGaming, NFTs & eCommerce as part of the same metaverse.
π Product: ORIS will soon be integrated in the EstateX RWA platform, NFT Ville marketplace, Zapit payment app, GameOn GambleFi app & more
πͺ Audits: Certik with a 100% positive result
β Blockchain: Polygon
π΅ LBank: a top-25 exchange available in 200 regions, with $1.4 billion daily trading volume
π° 50x potential: definitely, since ORIS has more utility than just about any other new token
Buy ASAP before the bug pump!
Trade ORIS on LBank
Website
Telegram
The Future of Crypto Miners Hangs in the Balance: Galaxy's Warning
π Publicly traded cryptocurrency miners are facing a new challenge, warns a recent report by Galaxy Research. π
π Bitcoin ETFs, now on the scene, have given investors an alternative way to ride the Bitcoin wave. Before, mining stocks were the go-to for exposure to Bitcoin's growth.
β The competition is heating up as sophisticated investors flock to these ETFs, forcing miners to prove their worth in terms of earnings potential.
πΌ In the short term, investors will be weighing the pros and cons of mining stocks against the allure of ETFs, says Galaxy's VP of Mining, Brandon Bailey.
π Retail investors may see miners as a leveraged bet on Bitcoin, with ETFs setting the performance bar.
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Navigating the Regulatory Tide: JPMorgan Warns of U.S. Influence on Tether's Offshore Journey
πͺ Tether, the titan of stablecoins, finds itself in choppy regulatory waters as authorities worldwide set their sights on increased transparency and compliance.
π¬ Despite Tether's non-U.S. base, JPMorgan's research report reveals that American regulators can still make waves through the powerful Office of Foreign Assets Control (OFAC).
π As new rules loom, JPMorgan's analysts caution that Tether may face "indirect pressure," potentially making other stablecoins with stronger KYC and AML credentials more appealing.
π‘ While Tether has made some strides in sharing reserve data, JPMorgan remains skeptical, suggesting that these efforts might not be enough to calm concerns.
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