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​​US lawmaker urges congressional action on crypto as government avoids shutdown.

“Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act," said Senator Pat Toomey.

Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies.

In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with the answers SEC chair Gary Gensler had provided on the differences between securities and commodities in regards to token projects and stablecoins. The senator questioned some of the SEC’s seeming disparities in enforcement actions between crypto firms and advisory services companies, including Glass Lewis for similar allegations of providing “fraudulent and misleading information.”

“For investors to benefit from a fair and competitive marketplace, federal agencies should answer questions about whether — and if so, how — new and emerging technologies fit under existing regulations,” said Toomey. “Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act.”

Toomey has previously come out in support of the U.S. government launching a central bank digital currency and said he would vote in favor of President Joe Biden’s pick for the next Federal Reserve chair, Jerome Powell. In addition, the senator was behind a bipartisan effort in August to amend some of the provisions in the recently passed infrastructure law to not apply to developers, miners and others in the crypto space. Other U.S. lawmakers have proposed solutions to the tax reporting requirements following Biden signing the bill into law, as Toomey said Congress would “have to do it in subsequent legislation.”

Though Congress has not yet acted on crypto as Toomey suggested, both the House and Senate were occupied passing a bill extending funding for the U.S. government through Feb. 18 in an effort to avoid a shutdown. President Biden signed the "Further Extending Government Funding Act" into law today.
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The next big thing in gaming. Get ready for the $RAIN. Don’t miss out on the next 1000x GEM!

🚀 Major celebrity backing

💎 CMC & CG listing on launch

👀 Backed by tier 1 venture investors

Be sure to follow their Telegram for all updates:

🔜 https://t.me/rainmakergames
​​Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal.

Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms.

Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, per a report published in the Economic Times.

The banking giant announced it has partnered with the leading crypto exchange WazirX, which would allow traders to use the banking services to liquidate their funds. The partnership between the two parties is being seen as a major breakthrough for the crypto community, given Indian banks have frozen crypto payments and withdrawals for the past eight months.

“WazirX has opened an account with Kotak which can be used to receive and pay money to investors trading on the exchange. The account is yet to become operational. Paperwork, KYC, and some testing are on,” said one of the people familiar with the matter.

Private banks in India have refused to do business with crypto platforms citing a lack of clarity on regulations and were often found using non-valid circulars from the Reserve Bank of India (RBI) to deny services.

WazirX and Kotak did not immediately respond to Cointelegraph’s request for comment.

The RBI circular in question dates back to 2018 when the Indian Central Bank ordered banks to avoid offering their services. The circular was later disqualified by the Supreme Court in March 2020, clearing banks to offer their services. However, it had little to no impact on banks’ actual behavior.

Rameesh Kailasam, CEO of the industry lobby IndiaTech, explained why banks refuse to offer their services even after the Supreme Court ruling:

“Post RBI clarifying to banks in May this year that they cannot cite the 2018 order as it was set aside by the Supreme Court, banks were free to engage with the cryptocurrency ecosystem. Since then banks have been permitted to engage provided they undertake necessary due diligence processes around KYC, AML, CFT, PMLA, FEMA, besides looking at their own financial health and risk exposures. Hence banks who have done this homework would typically be free to engage with the industry.”
​​Do not miss out on the most promising real-world utility driven NFT of the year!!!

🦈Ghetto SharkHood is a limited collection of 10,000 Ghetto Shark NFTs swimming in the Ethereum blockchain.
✨$300,000 giveaway for all Ghetto Shark NFT holders
✨First-ever NFT to partner with data center to offer crypto mining utility games ✨Lifetime membership to YouLiiv Hospitality Group where you can unlock free nights & corporate rates!!! (Hilton, DoubleTree, ParkRoyal, Fraser, Capri, Ascott, Citadines)
✨Animation Show production with award-winning animation studio Wang Film Productions (Since 1978; Partnerships: Disney, Universal, Warner Bros, Nickelodeon, & Cartoon Network) ✨15 Years of game development experience (Staking & play2earn Sharkverse games)
✨Doxxed Team
🦈MINT DATE: Dec. 12, 9 PM EASTERN TIME 🦈MINT PRICE: 0.09 ETH 3D Ghetto Shark NFTs dropped to holders for Sharkverse games! Head to their discord for a sneak peek! https://discord.gg/ghettosharkhood
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🔥$GOGO Fair launch on Copperlaunch (Polygon) is LIVE and running!🔥

Participate NOW 👉
Here!

Why you should NOT MISS this opportunity?
GOGOcoin is constructing the most user-friendly open source DeFi protocol for asset management and savings, and the first to enable segregated funds on-chain.
💎Doxxed Team with a Decentralized legal structure in Switzerland
💎Advisor board including the biggest names from the ecosystem
💎Game-changing UX/UI Design for the easiest DeFi experience out there

What’s to come?
✅NFT Staking
✅NFT Smart Vaults with non-custodial keyless wallet proxies
✅Managed vault strategies with segregated funds.
✅One-click access to DeFi

For airdrops and first-mover advantage join our community and tell your friends about 👉 https://t.co/0DNV0Df19T

❗️Don’t miss out! Fair Launch ends soon❗️
JADE PROTOCOL ($JADE)
An enhanced Ohm Fork. Or THE super Ohm.
You choose.

6 reasons why only a fool would miss out on $JADE :

📈 1,000,000,000% APY (25% ROI every 5 days)
☂️ Immune to getting killed by whales
💪 Outperforming other OHM forks in most areas
🌳 Survivor currency: Jade has been surviving every flash crash, and been growing when other cryptos have been falling
🤝 Openly supported by Ava Labs CEO & Founder and Su Zhu
☑️ KYC approved by Rugdoc

The team
👥 Lead developers from Google and Amazon
🧠 Super genius Harvard professor
🎓 Y-Combinator alumni & more experts.

Huge hype and demand !
Hurry up and buy Jade at a low price, stake it & chill before it’s too late.

👉 jadeprotocol.io
​Junior Punks is giving away 10 Oculus Quests and two “Rare NFTs” on their Instagram right now! 🎉

This will be the easiest contest you’ve ever entered. All you have to do is dm them on Instagram @thejuniorpunks with the message “#Juniorpunks”! From their you’ll get locked in and you’ll be entered to win! 🍼🤞

Junior Punks is a collection of 5,555 randomly generated art pieces on the Ethereum blockchain. Holders get access to private AMAs with celebrities, influencers, athletes, and many more public figures! Just dm them “#Juniorpunks” on Instagram @thejuniorpunks and you’ll be entered to win instantly! 🚀

Use the link to go directly to @thejuniorpunks Instagram! 💸

https://www.instagram.com/p/CXNswMKLpzX/

You can also join the Discord here:

https://discord.gg/U7rJb6C5Xn
​MetaGods is the first NFT Collection to introduce a unique way to rise the floor price 🚀

Indeed their legendary gods and the war between the factions will give huge benefits to its owners. But you won't be able to mint the legendaries and this will strongly help to increase the floor price of the whole collection.

But what is MetaGods❓

🔥 God-like designs inspired by Greek Mythology
💎 Huge utilities and rewards for their holders
🤯 3 factions, 3 valuable designs

Don’t miss your next great investment.

Check out their Discord ➡️ https://discord.gg/ERuzdzPubJ
Instagram ➡️ https://www.instagram.com/meta.gods/
Twitter ➡️ https://twitter.com/meta_gods

Launch is schedule next week so don’t miss your spot, they still give few whitelists!
​Crypto Exchanges in 2022: More Services, More Compliance, and Competition.

For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future.

As such, it’s always instructive to learn what crypto exchanges have lined up for the coming months and years, if only to gain an early insight into what crypto will sooner or later look like. And according to exchanges speaking with Cryptonewscom, the world’s trading platforms plan to roll out a range of new services in 2022, from staking and DeFi to NFTs and derivatives.

At the same time, exchanges will also increasingly need to make themselves compliant with the regulations that emerge next year, as well as make themselves more accessible to a growing audience. However, most are confident that 2022 and subsequent years present an enormous opportunity for them and the wider industry.

Exchanges expect to widen their offerings next year, in order to accommodate the fact that crypto continues to evolve rapidly. This is basically what also happened this year, but trading platforms expect to ramp things up even further in 2022.

Oleksandr Lutskevych, the CEO and founder of CEXIO says that the company will build on its growth this year by offering more services tailored to businesses and institutions, which potentially represent a bigger opportunity than retail.
​Some Money Heist's ''El Professor'' NFT holders to receive equity in a new Netflix show!

All Alvaro Morte, Money Heist’s “El Professor” wants is to give back to his fans. He plans on funding TV productions with nonfungiblestory.io. Some of his holders may in the future, not only receive equity but also share revenues from the productions, executive and directing power over the stories. He has yet to announce all the benefits accessible from his NFTs collection. Join his discord community and keep up with this ever evolving project! The launch is approaching fast! Join here: https://discord.gg/nonfungiblestory
​👾 Are you ready to rule the PIXELVERSE with just a single PIXEL? 👾

📣 Ahead of the upcoming IGO, Pixel Pix announces the

PIXELATED GIVEAWAY worth $4500 USDT

✅ https://bit.ly/pixel_pix_giveaway

Pixel Pix is the first play-to-earn blockchain game that celebrates the 8-bit nostalgia. Players can create, fight, stake, and earn digital PIXIES, offering players equal chances to rule the PIXELVERSE.

✅ Join the PIXEL PIX PIXELATED GIVEAWAY

🌐Competition Period:
11 December, 07 PM - 19 December 2021, 1 PM (UTC+2)

🌐Winner Announcement:
19 December 2021, 3 PM (UTC+2)

Register And Get PIXELATED!
​​AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise.

Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million, respectively.

Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum, Binance Smart Chain and Polygon blockchains.

Soon after the realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able to access the company’s cold wallet reserves.

According to PeckShield, a blockchain security and data analytics company, around $60 million worth of tokens were transferred over the Ethereum blockchain. Tokens stolen from the Binance Smart Chain and Polygon are worth $9.2 million and $8.5 million, respectively, as evidenced by EtherScan data.

Some of the popular tokens stolen in this hack include USD Coin (USDC), Tether (USDT) and Shiba Inu (SHIB). However, AscendEX is yet to officially confirm the exact worth of the tokens taken away by the hackers.

The company also announced to help the affected users by covering up their losses due to this attack.

Just last week on Dec. 5, a similar attack on crypto exchange BitMart resulted in a loss of nearly $200 million due to a hot wallet compromise hosted over the Ethereum and Binance Smart Chain blockchains.

As reported by Cointelegraph, the hack was a straightforward case of transfer-out, swap and wash:

While BitMart CEO Sheldon Xia confirmed the losses over Twitter, he announced a temporary stop on all withdrawals and deposits while further investigations were underway.
💎 NEW GEM ALERT 💎

Faceless is the first luxury brand in the Metaverse 👗

The NFT collection is made with state-of-the-art 3D designs, which are among the most detailed in the current NFT space. They will organize the first Metaverse Fashion Show ever 😍

A few words about Faceless:

💎Best 3D designs ever made on an NFT collection
👗Holders will receive real-life tailored Haute-Couture items
🪡A very limited supply, for a HUGE demand

Faceless might be acquired by LVMH very soon…

Join their Discord : https://discord.gg/thefaceless
Twitter : https://twitter.com/MaisonFaceless/
Instagram : https://instagram.com/thefaceless.nft/

📆Launch: 21st of December
☎️ FLOKIMOONI ☎️ - NEW MEME COIN - P2E GAME, NFT’S, DEX & LAUNCHPAD - ENTRY OPPORTUNITY ☎️

This meme coin that rewards holders in DOGE called Flokimooni launched a while ago and is currently in a dip and sitting at support. Looks like a potential entry opportunity here. They currently have nearly 18,000 holders!

They also have a pretty extensive roadmap which includes a P2E game, NFT’s and a DEX & Launchpad. They also recently released a 3D preview of their upcoming NFT’s and it looks very polished.

From what I can tell looking through their TG, the team is very committed and has been marketing very heavily.

Total liquidity:$464,807
Holders:17804
Total Market Cap:$3,639,295

✅Rewards $DOGE
✅Dex & Launchpad
✅Rare NFT drops
✅P2E game

Telegram | Chart | Website | Twitter
How many steps do you make to swap tokens between blockchains? Up to 10 steps and 3 commissions are required to implement a transaction across 2 different blockchains.

Rubic simplifies transferring tokens across several networks. For example, swapping $LINK (ERC-20) to $CAKE (BEP-20) with Rubic requires only 1 click.

One-click swaps between different blockchains are possible due to Rubic’s Multi-Chain Swap solution, which supports trading over 10,000 tokens between the Polygon, Ethereum, BSC, Avalanche, Moonriver, and Fantom networks - with Solana coming soon. Multi-Chain Swaps only take under 2 minutes to complete!

While it’s not only fast, trading on Rubic is also safe. Rubic’s smart contracts were also recently audited by CertiK.

By the way, $RBC has nice utility - and rumor has it that the RBC token will be needed to participate in liquidity providing. We do know, however, that Staking starts on December 23rd with an APY of 80% or more.

Don’t miss the updates:
Rubic chat
Rubic announcement channel
The limited and elite whitelist spots of BOG are filling up at lightning pace ⚡️.

So this is how it all started…

🌌 An odyssey from a mystical timeless galaxy has brought Babies Of Gods (BOG) into a new secret world to undergo a ritual of having a secret drink named “ambrosia” which turns them either into a god 😇 or a devil 😈 but…

Ambrosia can only be served in the presence of all of them and the problem is they have lost each other. So how can we help them?

All we have to do is join their discord and help them reunite asap!!

Active and loyal members of the extraordinary BOG community will not only be rewarded with a whitelist spot but many more jaw dropping giveaways as well.

✅BOG will be rewarding $500k in ETH to BOG NFT holders.
✅BOG is all set for Education University in the Metaverse.
✅BOG will fund your startup ideas, giving wings to your dreams.
✅BOG will grow up into stunning and supreme 3D versions in the second phase of the project, thus unleashing terrific and gigantic utility options for bog holders.
✅A special giveaway related to Space Trip will be unlocked once BOG reaches 100k Discord members.

And the best part?

Their art team is mentored by the artist who has worked with DISNEY. They have really put countless hours day and night, hand drawing each art one by one with pure love ins to create exclusive and limited edition artwork.


Exclusive whitelist spots are open in BOG. Join their discord NOW ⏩ https://discord.com/invite/EsSEwrWdek
​islands.gold : The first P2E protocol that enable you to earn up to 2700% APY for a lifetime. 🏝

But, what are Meta Islands ?

Meta Islands is a Play-to-Earn protocol that guarantees up to 2700% APY for its players.

The protocol uses Islands Gold ($IGO) as its native token to reward users in real-time.

The in-game activity fees are used to fill the reward pool of the game.

The goal is to make the long-term and reinvesting strategy the most efficient way for everybody to earn high yields.

How does it work ?

Meta Islands is available on the Binance Smart Chain as it is fast and has low fees, perfect for having as many people involved as possible!

The protocol is designed around a gamified reward mechanism : The Islands 🏝

Enjoy the Meta Islands rewards by simply following this 3 steps :

Step 1 : Buy minimum 50 $IGO

Link to pancakeswap : https://pancakeswap.finance/swap?outputCurrency=0x247F7Ad24A2A21BA3Ae475Fb0114528C916ea3e4

Step 2 : Choose your island and create it with your $IGO tokens.

Link to the App : https://my.islands.gold/

Step 3 : Collect high-yield rewards in $IGO generated by your island.

You claim your rewards at any time you want !

Follow us on our social medias to get updated of the airdrop and giveaways that we’re doing.

Website : https://islands.gold

Telegram : https://t.me/meta_islands

Twitter : https://twitter.com/meta_islands

Discord : https://discord.gg/yrupDetk
​​Adidas Originals to launch debut NFT collection.

The iconic sportswear brand recently partnered with three distinguished members of the NFT space: Bored Ape Yacht Club, GMoney and PUNKS Comics, to advance metaverse ambitions.

Adidas Originals have announced the upcoming launch of their nonfungible token (NFT) collection titled Into the Metaverse.

Although details on the supply are sparse at this time, it has been revealed that the digital asset will serve as an access token, promising holders’ exclusive access to future merchandise, physical and digital product and services, rewards within the newly attained land plot in The Sandbox, and more.

The collection’s sale will commence via the company’s official website on Dec. 17 at a price of 0.2 ETH, equivalent to approximately $810 at the time of writing.

Cointelegraph spoke to NFT influencer GMoney to discuss his expectations for Adidas' emergence into the NFT market:

“They have been very thoughtful and deliberate on their entrance into the space. I think they will help empower communities and creators by building together.”

On Dec. 2, Adidas Originals announced their foray into the metaverse with partnerships with Bored Ape Yacht Club, GMoney and PUNKS Comic, stating that digital worlds that constitute the metaverse will be a place “where anyone can express their most original ideas and be their most authentic selves.”

Alongside this, it was revealed that Adidas purchased Ape #8774 — a blue-furred, heart-bespectacled ape with a fisherman's hat and gold hoop earning — on Sept. 17 for 46ETH, a little over $150,000 at the time.

Upon the announcement, the ape was displayed in an Adidas tracksuit sporting the logos of the three respective partners, as well as a side-ways Adidas logo.

GMoney spoke about his role in supporting the brands entrance into the space in a culturally-conscious way, stating:

“I have been speaking to them since April, helping to guide them in their strategy, offering feedback on ideas, to make sure that they enter the space in a truly authentic manner. And I think we're seeing that play out now, as Adidas has had the most authentic entry into the space so far.”
💎Junior Punks Pre-Sale is TODAY💎

Junior Punks is a collection of 5,555 randomly generated pixel characters on the Ethereum blockchain. Holders get access to private AMAs with celebrities, athletes, artists, influencers, and entrepreneurs!!

📈Pre-Launch📈

Before the launch has even happened, Junior Punks has brought NFL players on for AMAs with their holders to prove the value that they will provide.

🚀Launch Day🚀

Junior Punks has built up a very unique and loyal community, to get on the Whitelist the community has had to each individually do what they call the #babydollchallenge

🍾Win $10,000 or a Tesla🍾

One lucky winner will be getting $10,000 just for dm’ing them on Instagram “#junior” @thejuniorpunks ! Also…. whoever is lucky enough to get the Elon Musk 1/1 will be given a TESLA !! Hop into the Discord before it’s too late !!

https://discord.gg/U7rJb6C5Xn