Coin Bureau Insider

🔔 MARKET MOVING NEWS! (19/04/24) 1️⃣ Tether Brings USDT And Gold Stablecoins To The TON Blockchain 💰 Stablecoin issuer Tether is reportedly launching its U.S. dollar-backed USDT and gold-backed XAUT stablecoins natively on The Open Network (TON) blockchain. Tether CEO Paolo Ardoino stated that USDT on TON will go live on April 20, and XAUT on TON will follow in the coming months. Explaining the move, Ardoino stated, Telegram has an impressive ecosystem with 900 million monthly active users. Tether has more than 300 million users globally. Tether and Telegram can empower each other's ecosystems. 2️⃣ Mango Markets Attacker Guilty of Fraud Over $110 Million Exploit 🔒 A federal jury has reportedly found Mango Markets exploiter Avraham “Avi” Eisenberg guilty on all counts of commodities fraud, commodities manipulation, and wire fraud after a week-long trial in Manhattan. He now faces up to 20 years in prison but has not yet been sentenced by New York District Court Judge Arun Subramanian. 3️⃣ Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots ☄️ Blockchain data-availability (DA) project ‘Avail’ has reportedly confirmed that it will be airdropping 600 million of its native AVAIL tokens to users. Notably, the confirmation comes a week after screenshots of the eligibility criteria leaked out on the social media platform X. According to a blog post from the Avail team, 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.” Recipients are widespread, but the team said that they must be either blockchain ecosystem developers, testnet contributors, users of rollups (Polygon, zkSync, Starknet, Optimism, and Arbitrum), Polygon PoS stakers or Avail community members that have made significant ecosystem contributions. 4️⃣ DAO Acquires Rights To The Image Behind The Doge Meme ⚡️ ‘Own The Doge’, the DAO associated with the Shiba Inu meme behind the Dogecoin token, has reportedly secured the legal rights to the iconic image. Own The Doge project leaders John Monarch and ‘Tridog’ reportedly negotiated a deal with Sato Atsuko, the owner of the 18-year-old Shiba Inu named Kabosu. The deal saw the group purchase exclusive licensing and rights for the Doge image. Own The Doge said that with more clarity around the Doge image copyright, there were opportunities for partnerships with big brands. The project said they reached out to Sato roughly three years ago and were able to negotiate a deal to purchase the rights to Kabosu’s image by working with legal experts in Japan and the United States. 5️⃣ Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving 🔽 The U.S.-based spot bitcoin (BTC) ETFs registered cumulative outflows of $4.3 million yesterday. Notably, provisional data published by Farside Investors shows the ETFs have witnessed a total net outflow of over $319 million since April 12, with Grayscale's GBTC accounting for a large share of the withdrawals. However, outflows from Grayscale have been a recurring occurrence since day one. The primary cause of the recent streak of net outflows appears to be a slower pace of inflows into other ETFs might be. Notably, BlackRock's IBIT attracted just $18.8 million on Thursday, down 93% from the monthly high of $308.8 million on April 5.

🚨 New Video Alert!! 🚨 The Bitcoin halving is here, and BTC will blast off to new all time highs… right? Well, not so fast. The history of BTC’s returns immediately after the halving are mixed to say the least. This time around there are also concerns about the profitability of Bitcoin miners post halving. Many reports suggest that many majors could go under. They would likely dump their BTC. But, as with the expectations of the immediate pump, there’s more to the Bitcoin miner story than meets the eye. Not that it matters – BTC’s history has shown that all time highs come eventually! Be sure to stick around to find out just how high BTC could go after this halving. P.S. We hope you will enjoy our new deals skit!

🔔 MARKET MOVING NEWS! (18/04/24) 1️⃣ Worldcoin To Have Its Own Layer 2 Blockchain Called World Chain 🔥 Proof-of-humanity project Worldcoin has announced the launch of World Chain - its new layer-2 blockchain initiative designed to prioritise human users, enhance efficiency and foster real-world utility in Web3 applications. The Worldcoin Foundation also stated that users who have been verified as human will "enjoy priority blockspace over bots and some free gas.” This will reportedly also act as a way for developers to reach millions of users with apps focused on real-world utility. 2️⃣ Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside' ❓ BAYC creator Yuga Labs has reportedly sold two of its gaming IPs - HV-MTL and Legends of the Mara, along with associated NFT collections to Web3 gaming studio Faraway. Faraway is also adding Yuga Labs’ Chief Gaming Officer Spencer Tucker as its new Chief Product Officer to help maintain continuity as the games continue under a new company. This means that Yuga Labs now has only two gaming properties remaining in-house: metaverse gaming platform Otherside, and the Bored Ape-themed Dookey Dash, which Faraway recently rebuilt as a free-to-play game due out soon. 3️⃣ Binance’s $1B Emergency ‘SAFU’ Fund Now Makes Up 3% Of UDSC Supply ⚡️ Crypto exchange Binance is reportedly converting 100% of the assets held in its Secure Asset Fund for Users (SAFU) into Circle’s USDC stablecoin. Notably, this move has resulted in the crypto exchange now holding 3% of USDC’s circulating supply. For context, the exchange’s SAFU is an emergency insurance fund established in 2018 to protect Binance users in extreme situations, such as exchange hacks, where users could be reimbursed for unforeseen losses. 4️⃣ Binance To Restart Operations In India As Compliant FIU-Registered Entity ☄️ According to an Economic Times report, crypto exchange Binance is planning to restart operations in India by paying a $2 million fine for non-compliance. After paying the fine, Binance will return to the country as an FIU-registered firm. Notably, this makes Binance the second overseas exchange after KuCoin to mark a return to the country after India’s financial regulatory body blocked access to crypto exchanges for non-compliance. 5️⃣ Sweden Demands $90M In Outstanding Tax From Crypto Miners ‼️ According to a recent investigation conducted by the Swedish Tax Agency —Skatteverket, crypto miners in the country owe over $90 million in taxes after four years of misappropriations. Notably, the agency investigated the operations of 21 crypto-mining firms between 2020 and 2023. The investigation revealed that 18 crypto-mining firms filed “misleading or incomplete” information to benefit from tax incentives. This includes crypto firms providing misleading business descriptions to avoid paying value-added tax (VAT) on taxable operations and avoiding paying import taxes on mining equipment or income tax on mining revenue.

✴️ Signal ID #V1507 Pair: $PERP/USDT Direction: ⬆️ LONG Max leverage recommended: 10X - 20X ✅ ENTRY : - ; 1.0217 - 0.9856 ⬆️ Target 1: 1.0354 ⬆️ Target 2: 1.0630 ⬆️ Target 3: 1.0942 ⬆️ Target 4: 1.1254 ⬆️ Target 5: 1.1750 ⬆️ Target 6: 1.2291 🚫 Stop Loss : 0.9660

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $ETC/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Profit: 139% 📈 Period: 1 day 8 hours ⏰

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $ENJ/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Profit: 95% 📈 Period: 5 hours 34 minutes ⏰

🚨 New Video Alert!! 🚨 Buying BTC is easier said than done. If you do it wrong, it can cost you a lot of time and possibly lots of money too. In today’s video, you show you how to buy BTC the right way. We will also give a brief explanation of what BTC is. If you’re reading this, chances are you already know. Even if you do, a refresher is never a bad idea. If you know someone who’s not that familiar with BTC that’s considering buying, this is a video for them. It’s also a video for you, because we provide 10 tips on how to maximise BTC gains at the end! Enjoy!

🔔 MARKET MOVING NEWS! (17/04/24) 1️⃣ Railgun Refutes Claims of North Korean Laundering Following Price Surge 🧐 Privacy protocol Railgun has refuted claims that it was used by North Korean hackers and other United States-sanctioned entities to launder cryptocurrency. It stated that the hacker group is “blocked from using the Railgun system” due to its “Private Proofs of Innocence” system, which went live over a year ago. Railgun’s comment comes in response to various reports, including Wu Blockchain’s post about Lazarus Group hackers using Railgun to launder stolen assets and blockchain security firm Elliptic once labeling Railgun a “prime alternative to Tornado Cash.” Interestingly, the denial comes shortly after Railgun’s token price jumped over 123% after Ethereum co-founder Vitalik Buterin noted the project’s privacy benefits on X. Arkham Intelligence data also showed that the “vitalik.eth” address transferred 100 ETH (about $311,600) to Railgun. 2️⃣ Crypto-Like Communication Devices Could Break Gov’t Surveillance — Telegram Founder Durov 🔥 In a recent interview with US journalist Tucker Carlson, Telegram Messenger founder Pavel Durov predicted that rising government surveillance will force the birth of secure communication devices inspired by cryptocurrency hardware wallets. He also claimed that the Federal Bureau of Investigation (FBI) attempted to persuade people affiliated with Telegram to install backdoors for surveillance purposes. He stated, The world is becoming less amenable. Governments are becoming less tolerant of privacy. And that’s clearly the trend because they have more technological power. 3️⃣ Upbit Suspends Crypto Transactions Exceeding 1 Million Won ▶️ South Korean crypto exchange Upbit is reportedly suspending deposits and withdrawals of digital assets of more than 1 million Korean won ($721). Notably, Upbit stated that the move is a result of its suspension of use and termination of Ten&Ten’s Travel Rule Solution service, one of the local facilitators of deposits and withdrawals. Ten&Ten helped the crypto exchange offer crypto deposits and withdrawals of over 1 million won. Other VASPs that allow deposits and withdrawals over 1 million won include Bblock, Gopax, FlatExchange, Aprobit, Prabang, Borabit, BTX, Flybit, Foblegate, Bithumb, Coinone, Korbit, Coredocs, GDAC, Hanbitco, Qbit, Korea Digital Asset Trust and Oasis Exchange. 4️⃣ Tokenholders Approve $7.5B AI Merger ⚡️ Tokenholders of SingularityNet, Fetch.ai and Ocean protocol have reportedly approved a $7.5 billion merger that would create a combined Artificial Superintelligence Alliance (ASI) project. According to the announcement, the Fetch.AI (FET) token will become the ASI token with a total supply of 2.6 billion. Meanwhile, SingularityNet (AGIX) and Ocean (OCEAN) tokens will be converted into ASI at approximate ratios of 0.43:1, with ASI tokens having a combined value of $7.5 billion post-merger. The ASI is scheduled for launch on May 24. 5️⃣ U.S. Senators Lummis and Gillibrand Introduce Bill Prohibiting Unbacked Algorithmic Stablecoins Among Other Regulatory Frameworks 🔍 U.S. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) have reportedly introduced a new legislation called the Lummis-Gillibrand Payment Stablecoin Act. Notably, the bill requires stablecoin issuers to back their tokens by holding one-to-one cash or cash-equivalent reserves. It also prohibits unbacked algorithmic stablecoins and asserts that neither issuer nor users can use stablecoins for illicit or unauthorised purposes such as money laundering. Sen. Gillibrand stated, Passing a regulatory framework for stablecoins is absolutely critical to maintaining the U.S. dollar’s dominance, promoting responsible innovation, protecting consumers and cracking down on money laundering and illicit finance.