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Courts Approve $2,700,000,000 Binance Settlement With CFTC – CZ Will Personally Pay $150,000,000

A federal court has consented to a settlement between the US derivatives markets regulator and Binance.

According to the U.S. Commodity Futures Trading Commission, the federal court has found Binance and its founder and former CEO Changpeng Zhao guilty of violating the derivatives markets regulator’s rules as well as laws governing the trading of commodity futures in the United States.
Farcana Studio Announces Launch of $FAR Token: A Step Closer To Changing User Gaming Experience

Farcana Studio, an international revolutionary game development studio, is elated to announce the launch of the $FAR token and its listing on the Bybit exchange on 23rd January 2024.

According to the team behind the project, the introduction of the $FAR token is part of Farcana’s commitment to enhancing its gaming experience by harnessing Web3 elements. The launch will go a long way in helping Farcana cement its place in shaping the gaming industry’s future.
Analyst Reveals Why He’s Choosing ETH Over BTC For Long Positions

Amid a lackluster performance in the overall crypto market, discerning investors are shifting their focus towards Ethereum (ETH) and Bitcoin (BTC), the flagship cryptocurrencies. Notably, some are now actively debating and analyzing which of the two, ETH or BTC, holds greater investment potential.

One such investor is renowned analyst “ImNotTheWolf” who took to Twitter on Saturday to share his views expressing a preference for buying ETH over BTC.
Bitcoin Cash Analysis: Bulls Continue To Protect Key Support

Bitcoin cash price is consolidating gains above $600 against the US Dollar, unlike Bitcoin. BCH/USD could start a fresh surge if it clears the $655 level.

Bitcoin Cash Price AnalysisBitcoin cash price started a pullback from the $720 zone. BCH traded below the $700 and $650 support levels to enter a short-term bearish zone.

A low was formed near $596 before the price found support. The price is now consolidating losses and attempting a fresh increase. There was a move above the $605 level, but the price is still below the 23.6% Fib retracement level of the downward move from the $719 swing high to the $596 low.
Professor From Ripple Research Initiative Urges Crypto Firms Transition to Quantum-Resistant Tech Immediately

A mathematics professor and cryptography expert thinks crypto firms need to prioritize setting up defenses against the threat of future quantum attacks.

In a new interview with Ripple, Dr. Massimiliano Sala, a professor at the University of Trento in Italy, warns that future quantum computers could “easily solve problems that are foundational to digital signatures,” undermining crypto asset security.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Bitcoin Pundit Expects BTC’s Bullish Trajectory To Resume Soon As Miner Selling Pressure Eases Off

Bitcoin’s rally could resume in the near future amid a decline in the selling pressure from Bitcoin miners, crypto market intelligence firm CryptoQuant observed in a recent report.

BTC Miner Selling Pressure Finally Dries UpAs explained by a CryptoQuant analyst, one main group in particular has been a source of major sell-side pressure in the market recently: the Bitcoin miners. After the Bitcoin network’s fourth halving event in April, mining rewards were reduced by 50%, so mining profits declined significantly. As a result, miners started selling Bitcoin via professional over-the-counter (OTC) desks to cover operational costs.

The halving, which slashed block rewards to 3.125 BTC from 6.25, rendered older mining machines less cost-effective, leading to a decline in mining activity and forcing miners to offload BTC to sustain operations — subsequently putting pressure on the market.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Bitcoin Wallet Last Active in the Satoshi Era Moved 50 BTC to Binance

A Satoshi-era Bitcoin wallet came out of its 14-year slumber to move 50 bitcoins to Binance. Moving funds to a centralized exchange often means the one controlling the wallet is cashing out on their holdings. Knowing that, it is safe to assume the holder liquidated their bitcoins for just over $3 million, marking gigantic profits as those 50 bitcoins entered their wallet when the asset was just $0.05 a pop. The $25 they held in 2010 has now turned into $3 million.

And how did they come into possession of the bitcoins? Their wallet’s transaction history reveals they received the assets for mining a single block. In 2010, block rewards amounted to 50 bitcoins plus transaction fees. Now, it is 3.125 bitcoins alongside transaction fees. Moreover, Bitcoin mining was fairly simple then, allowing anyone to do so from their PCs.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
NYBlue Acquires 1 Million Carats Of Blue Zircon And Launches RWA Tokens To Revolutionize The Gemstone Industry

NYBlue Pty Ltd, an Australian gemstone company, is changing the gemstone market with an ancient, beautiful, and rare gemstone, blue zircon.

NYBlue is emerging as a key player in the global gemstone market by systematically acquiring all available Cambodian Blue Zircons. This move aims to establish control over the world’s blue zircon supply. According to the NYBlue team, the company plans to increase its current holding of over one million carats of the rare gemstone valued at around $300 million, positioning NYBlue as a dominant force in the market.
Montenegrin Supreme Court Pauses Do Kwon Extradition to South Korea: Report

The Supreme Court of the southeastern European nation of Montenegro is again postponing Terra (LUNA) co-founder Do Kwon’s extradition to South Korea.

According to a report from Montenegrin news outlet Vijesti, Montenegro’s Supreme Court has halted the extradition due to a request for “protection of legality” brought forth by Kwon’s camp.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Binance and Solayer Collaborate to Launch BNSOL Liquid Staking Token

Binance announced the launch of Binance SOL Staking (BNSOL), which provides a new way for Solana (SOL) holders to stake their tokens and gain incentives while strengthening liquidity and flexibility. With the launch of the liquid staking token BNSOL, users can now trade, lend, or use staked assets across Binance’s services and decentralized finance (DeFi) platforms without losing staking incentives.

Built on Solana’s Stake Pool Program, BNSOL offers numerous layers of security, including several audits, allowing investors to stake their tokens with confidence. The token’s value goes beyond traditional staking, allowing users to interact with the whole Binance product suite as their tokens earn.
Bitdeer Announces Auction for Used Mining Equipment

Bitdeer (NASDAQ: BTDR) has announced a forthcoming auction for used mining equipment on its official website. The auction will feature a total of 2,880 used Antminer S19 units from Bitdeer’s Norway mining datacenter. The starting price for the auction is set at $270,000.

The auction will include two types of Antminer S19 models: the Antminer S19-95T and the Antminer S19-90T. Among the total units, 2,132 are Antminer S19–95T, while 748 are Antminer S19–90T. The auction starts on September 24, 2024, at 10:00 AM in UTC+8 and ends on September 26, 2024, at 10:00 AM in UTC+8. Print bidders need to start bidding at $270 000, while internet bidders need to provide a bid deposit of $10 000 to participate in the bid. Bid increments are at $1000.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
XRP to $15 Price? — Pundit Wonders Why Anyone Is Bullish on XRP After a “Major Breakdown”

Despite growing optimism in the crypto community about XRP’s future, the cryptocurrency tied to Ripple has come under increased scrutiny from market analysts, particularly following its ongoing price consolidation and price drop over the past two days.

On Monday, Northstar, a popular crypto analyst, took to X (formerly Twitter) to express his puzzlement at the ongoing optimism for XRP.