Forwarded from Wolf Crypto News
"If you notice the people that are still doing, I mean not all of them but most of them, that do cryptocurrency videos I mean they're all pretty much just spreading a load of crap that's not true. Or at the very least speading a load of crap that makes people act a certain way, or think a certain way that something's going to happen and it more than often ends up not happening"
Michael "Secret ICO Course" Suppoman
Mark this day down in crypto history as the day Suppoman became self aware...
https://www.youtube.com/watch?v=X4ESSTMR_jc
Michael "Secret ICO Course" Suppoman
Mark this day down in crypto history as the day Suppoman became self aware...
https://www.youtube.com/watch?v=X4ESSTMR_jc
YouTube
I’ve had enough ☹️
I’ve had enough #cryptocurrency #bitcoin #bearmarket
Forwarded from Wolf Crypto News
That explains the dump... Crypto Capital CEO (yes, the Bitfinex/Tether partner that allegedly will recover their $850m) was just arrested for money laundering
https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation
https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation
The Block
President of Crypto Capital arrested in alleged money laundering operation
Crypto Capital President Ivan Manuel Molina Lee was arrested by Polish authorities, accused of being part of an international drug cartel and involved in its money-laundering operations using Bitfinex.
Forwarded from Cryptorhythms Official
https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation
Here is the backround not covered in the artcile in 9 steps for you:
1 - Crypto Capital Corp (hereafter referred to as CCC) is a shell company that was posing as a payment processor for cryptocurrency exchanges throughout the world. If you've used an exchange, they've likely used CCC at some point in their existence.
2 - In January of last year, or possibly before, money was seized at a small community bank in Poland. Money launderers love small community banks because they can purchase equity in them and create an environment of lax capital controls.
3 - This is when it came to light that CCC's funds were mixed in with this Polish bank. And Bitfinex's funds were mixed in with CCC's - FOR SOME WEIRD REASON. Anyway, the president of CCC is/was Ivan Manuel Molina Lee (hereafter referred to as IMML).
4 - MML runs a consortium of offshore entities, along with family members. Some entities call themselves a bank, others pretend they're drilling operations, some are financial things, others nothing specific. There are dozens, if not hundreds of them.
5 - / Through use of these entities, directors, presidents, VPs, etc, IMML was able to move vast sums of money for criminals and others alike. The more normie money, the better. After all, that's the whole idea of money laundering: obfuscate with clean stuff.
6 - Do not for one second fool yourself into thinking that every exchange was unaware. If they did any due diligence whatsoever they'd quickly see that the people associated with CCC had been involved with scams before
7 - The reason IMML's arrest in Poland is important isn't because he is necessarily a VIP. IMML is just a central piece of the jigsaw puzzle that is money laundering through offshore entities, cryptocurrencies, and otherwise. His arrest could open a lot of doors.
8 - Of course, Reginald Fowler, the CEO of CCC, had already been arrested in the US (and released on bail) for similar charges. His accomplices are still at large and it doesn't seem like he's keen on talking.
9 - CCC was vast. They worked with everyone, they had operations everywhere - from Colombia and Panama, to Poland and Portugal. If you don't think it's important: you're wrong.
Here is the backround not covered in the artcile in 9 steps for you:
1 - Crypto Capital Corp (hereafter referred to as CCC) is a shell company that was posing as a payment processor for cryptocurrency exchanges throughout the world. If you've used an exchange, they've likely used CCC at some point in their existence.
2 - In January of last year, or possibly before, money was seized at a small community bank in Poland. Money launderers love small community banks because they can purchase equity in them and create an environment of lax capital controls.
3 - This is when it came to light that CCC's funds were mixed in with this Polish bank. And Bitfinex's funds were mixed in with CCC's - FOR SOME WEIRD REASON. Anyway, the president of CCC is/was Ivan Manuel Molina Lee (hereafter referred to as IMML).
4 - MML runs a consortium of offshore entities, along with family members. Some entities call themselves a bank, others pretend they're drilling operations, some are financial things, others nothing specific. There are dozens, if not hundreds of them.
5 - / Through use of these entities, directors, presidents, VPs, etc, IMML was able to move vast sums of money for criminals and others alike. The more normie money, the better. After all, that's the whole idea of money laundering: obfuscate with clean stuff.
6 - Do not for one second fool yourself into thinking that every exchange was unaware. If they did any due diligence whatsoever they'd quickly see that the people associated with CCC had been involved with scams before
7 - The reason IMML's arrest in Poland is important isn't because he is necessarily a VIP. IMML is just a central piece of the jigsaw puzzle that is money laundering through offshore entities, cryptocurrencies, and otherwise. His arrest could open a lot of doors.
8 - Of course, Reginald Fowler, the CEO of CCC, had already been arrested in the US (and released on bail) for similar charges. His accomplices are still at large and it doesn't seem like he's keen on talking.
9 - CCC was vast. They worked with everyone, they had operations everywhere - from Colombia and Panama, to Poland and Portugal. If you don't think it's important: you're wrong.
The Block
President of Crypto Capital arrested in alleged money laundering operation
Crypto Capital President Ivan Manuel Molina Lee was arrested by Polish authorities, accused of being part of an international drug cartel and involved in its money-laundering operations using Bitfinex.
Forwarded from CryptoRank Analytics
TOP-10 IEO Performance
We can observe the decline in the BTC price and the market capitalization decrease, but despite this fact, many projects continue to trade much higher than the IEO price.
We can observe the decline in the BTC price and the market capitalization decrease, but despite this fact, many projects continue to trade much higher than the IEO price.
Forwarded from BitStarz News via @like
Bitcoin analysts are predicting more gains after Friday's cray cray BTC bull run. Is $20,000 back on the table? What about $50k? How much does China matter? More inside.
https://bit.ly/2phuHY5
https://bit.ly/2phuHY5
Forwarded from CryptoRank Analytics
Bitcoin Price Soars 42% to $10,500 — Biggest Daily Gain Since 2011
The last 24-hours have been an absolute roller coaster for Bitcoin price (BTC).
However, in the last hour, the asset has made a rather dramatic comeback. It has broken through several resistances to even exceed $9,500 which has not been reached for some time now.
https://cryptorank.io/currencies/bitcoin/price-chart
The last 24-hours have been an absolute roller coaster for Bitcoin price (BTC).
However, in the last hour, the asset has made a rather dramatic comeback. It has broken through several resistances to even exceed $9,500 which has not been reached for some time now.
https://cryptorank.io/currencies/bitcoin/price-chart
Forwarded from CryptoRank Analytics
Main News
Bitcoin and Blockchain Interest Explodes in China After Xi Jinping's Comments. link
From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects. link
Major American food coop Topco will use a blockchain platform for its food supply chains based on Mastercard’s Provenance Solution. link
KuCoin to Launch Margin Trading on Oct. 31. link
Bitcoin Derivatives Volume Has Grown 10 to 18 Times Bigger Than Bitcoin Spot Volume. link
Justin Sun Hints $100 Billion TRON Partnership Coming Next Week. link
OKEx Joins Kakao Corporation Backed Klaytn Blockchain Project as Ecosystem Partner. link
Join discussion: https://news.1rj.ru/str/CryptoRankEn
Bitcoin and Blockchain Interest Explodes in China After Xi Jinping's Comments. link
From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects. link
Major American food coop Topco will use a blockchain platform for its food supply chains based on Mastercard’s Provenance Solution. link
KuCoin to Launch Margin Trading on Oct. 31. link
Bitcoin Derivatives Volume Has Grown 10 to 18 Times Bigger Than Bitcoin Spot Volume. link
Justin Sun Hints $100 Billion TRON Partnership Coming Next Week. link
OKEx Joins Kakao Corporation Backed Klaytn Blockchain Project as Ecosystem Partner. link
Join discussion: https://news.1rj.ru/str/CryptoRankEn
Forwarded from CryptoRank Analytics
Main News
Bakkt to launch consumer app in first half of 2020; will test product with Starbucks. link
Binance.US will list Waves (WAVES)(+4.44%). Trading for the WAVES/USD trading pair will open on October 30, 2019, at 1:00 UTC. link
Bitmain competitor Canaan publicly files for $400M IPO on Nasdaq. link
Chinese blockchain-related stocks jump on President Xi's endorsement. link
China's central bank could be the first to issue its own national digital currency, a former official said. link
Linux Foundation, Dell Technologies, and IOTA(+4.02%) launch Project Alvarium. link
Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain. link
Kraken is listing OmiseGO (OMG) and PAX Gold (PAXG) starting October 29. link
Join discussion: https://news.1rj.ru/str/CryptoRankEn
Bakkt to launch consumer app in first half of 2020; will test product with Starbucks. link
Binance.US will list Waves (WAVES)(+4.44%). Trading for the WAVES/USD trading pair will open on October 30, 2019, at 1:00 UTC. link
Bitmain competitor Canaan publicly files for $400M IPO on Nasdaq. link
Chinese blockchain-related stocks jump on President Xi's endorsement. link
China's central bank could be the first to issue its own national digital currency, a former official said. link
Linux Foundation, Dell Technologies, and IOTA(+4.02%) launch Project Alvarium. link
Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain. link
Kraken is listing OmiseGO (OMG) and PAX Gold (PAXG) starting October 29. link
Join discussion: https://news.1rj.ru/str/CryptoRankEn
Forwarded from CryptoRank Analytics
Binance Research has prepared interesting article about the rise of staking industry.
Key takeaways:
🔸Staking has been one of the unique differentiating features offered in crypto-industry.
🔸 Mimicking passive-income strategies in traditional finance, staking allows users to earn rewards directly on-chain for holding a given currency.
🔸 Staking is available on many chains in many forms, but the precise mechanism depends on the staking project’s token design and consensus mechanism.
🔸 However, staking yields cannot be considered in a vacuum - instead, they must be benchmarked against other chains based on potential risks and obligations.
🔸 With staking, existing players in the crypto-ecosystem and blockchain projects have aligned incentives continued symbiotic growth.
🔸 With Ethereum’s impending switch to Proof of Stake (PoS), staking is expected to take a most substantial portion of the market’s attention.
Learn more: https://info.binance.com/en/research/marketresearch/rise-of-staking.html
Key takeaways:
🔸Staking has been one of the unique differentiating features offered in crypto-industry.
🔸 Mimicking passive-income strategies in traditional finance, staking allows users to earn rewards directly on-chain for holding a given currency.
🔸 Staking is available on many chains in many forms, but the precise mechanism depends on the staking project’s token design and consensus mechanism.
🔸 However, staking yields cannot be considered in a vacuum - instead, they must be benchmarked against other chains based on potential risks and obligations.
🔸 With staking, existing players in the crypto-ecosystem and blockchain projects have aligned incentives continued symbiotic growth.
🔸 With Ethereum’s impending switch to Proof of Stake (PoS), staking is expected to take a most substantial portion of the market’s attention.
Learn more: https://info.binance.com/en/research/marketresearch/rise-of-staking.html
Forwarded from CoinGecko News
Announcing: CoinGecko Derivatives! 🥳 🎉
At a glance, you'll see aggregated data for the derivatives market including pricing, funding, open interest, volume and more! You can also quickly compare the open interest & trading volume of top-10 exchanges through out charts.
Currently covering over 100 products traded across 22 different platforms! :sunglasses: 😎
👉 http://bit.ly/CoinGeckoDerivativesSection 👈
At a glance, you'll see aggregated data for the derivatives market including pricing, funding, open interest, volume and more! You can also quickly compare the open interest & trading volume of top-10 exchanges through out charts.
Currently covering over 100 products traded across 22 different platforms! :sunglasses: 😎
👉 http://bit.ly/CoinGeckoDerivativesSection 👈