Awesome news today📈📈📈📈
🔷 BTC capitalisation has reached $ 800 billion - the first cryptocurrency now ranks 10th on the list of all global assets.
🔷Hashdex has renewed its bid for the spot BTC-ETF.
🔷Binance's new CEO has assured that the compliance gaps that Binance had are a thing of the past and that the exchange is now completely different.
🔷In the past week, ~11 SAFE wallets lost $ 2.05M to phishing attacks.
🔷Coinbase is going to implement Solana to provide fast payments - Coinbase CEO.
Due to hackers and fraudsters in 2022 lost $11.5 billion in cryptocurrency
As a result of hackers and fraudsters, cryptocurrency owners lost assets totaling $11.5 billion in 2022, TRM Labs analysts found out. Despite the collapse in cryptocurrency prices, the dollar volume of related crimes has barely changed since 2021. Cybercriminals are using bitcoin less and less often.
At least $7.8 billion in cryptocurrencies for 2022 was invested in pyramid schemes, while $3.7 billion was stolen. Spending on illicit substances on the darknet totaled $1.5 billion. Approximately $2 billion was stolen as a result of attacks on cross-bridges - services that offer to transfer funds from one blockchain to another. Cybercriminals are increasingly choosing this attack scheme to make the movement of assets harder to track.
Bitcoin's popularity among hackers and fraudsters has significantly decreased: while in 2016 the largest cryptocurrency accounted for two-thirds of thefts, in 2022 bitcoin will only take up 3% of such activity. Ethereum (68%) and Binance Smart Chain (19%) blockchains were more popular with cybercriminals.
Bitcoin is also losing its importance in another criminal scheme: in 2016, it was the only cryptocurrency used to finance terrorism. And in 2022, the TRON blockchain is used for this purpose - the share of assets built on this network reached 92%. The popularity of the network is due to low commissions - for the same reason, most of the turnover of the USDT stablecoin occurs here.
In May 2023, cybercriminals stole $71 million in cryptocurrency. And in June, the largest hack of the year took place - more than $100 million was stolen from users of the Atomic Wallet cryptocurrency wallet.
Hong Kong-based HaskKey to launch $100m regulated crypto fund
HashKey has become the first exchange in Hong Kong authorised to provide crypto services to retail customers. On August 3, the local Securities and Futures Commission (SFC) renewed the company's licences, allowing it to legally act as a crypto trading platform operator and provide automated trading services not only to institutional but also to retail investors.
HaskKey Capital also announced plans to launch a liquid digital asset fund regulated by the Hong Kong Securities and Futures Commission (HK SFC) on 1 September. HaskKey wants to raise a minimum of $100 million for the fund and it will focus entirely on virtual assets.
This fund will invest in liquid digital assets and will be regulated by the Hong Kong Securities and Futures Commission (HK SFC).
It's worth realising that they're only looking to raise $100m, but it's unlikely that their plans will change much. Hong Kong wants to tap into the relatively vacant cryptocurrency niche, thereby attracting cryptocurrency startups and expanding the city's potential on the global stage.
And as a bottom line for us: the greater the demand for crypto, the higher the liquidity of assets and their price.
✨ Stress Relief at Home: Embrace Calmness and Unwind! ✨
Life can get hectic, and we all need a little oasis of tranquility within the confines of our homes. 🌿🧘♀️ If you're feeling overwhelmed or need a break from the hustle and bustle, it's time to focus on YOU and find that inner peace! 🧘♂️💆♀️
Here are some simple yet effective ways to kick stress to the curb and embrace relaxation at home:
1️⃣ Create a Zen Zone: Designate a cozy corner in your home as your personal sanctuary. Fill it with soft cushions, scented candles, and green plants to create a soothing ambiance.
2️⃣ Mindful Meditation: Dedicate a few minutes each day to practice mindfulness meditation. Close your eyes, take deep breaths, and let go of any tension. Focus on the present moment and allow your worries to fade away.
3️⃣ Indulge in Aromatherapy: Essential oils can work wonders! Experiment with calming scents like lavender, chamomile, or eucalyptus. Use an oil diffuser or mix a few drops with a carrier oil for a relaxing massage.
4️⃣ Light Exercise: Release those endorphins with light exercise at home. Whether it's yoga, stretching, or a quick dance session, movement can help reduce stress and boost your mood.
5️⃣ Unplug and Disconnect: Set aside some time to unplug from technology and social media. Instead, pick up a book, listen to soothing music, or engage in a creative hobby.
6️⃣ Savor a Warm Beverage: Brew yourself a cup of herbal tea or hot cocoa, and savor each sip mindfully. Let the warmth of the drink comfort you and melt away the stress.
7️⃣ Pamper Yourself: Treat yourself to a self-care session. Take a long bubble bath, do a face mask, or give yourself a mini spa day at home.
8️⃣ Connect with Nature: If possible, spend time in your garden or on your balcony, surrounded by nature. The fresh air and greenery can have a calming effect on your mind.
Remember, taking care of your mental well-being is essential, and your home can be your haven of relaxation. 💕 Take a deep breath, embrace the serenity, and let go of the stress one step at a time. Share your favorite stress-relief activities in the comments below and spread the positive vibes! 🌈
The Financial Services Committee of the U.S. House of Representatives has approved a law regulating the circulation of cryptocurrencies. In this case, we are talking about a regulatory act lobbied by Republicans. This decree: Introduces rules for the registration of cryptocurrency companies; defines digital assets as securities and commodities; prescribes research on DeFi and NFT. If the bill passes, all cryptocurrencies cannot be recognized as securities. Coins issued only in centralized networks will fall into this asset class. Issuers of these cryptoassets will be required to register with the U.S. Securities and Exchange Commission. Virtual currencies issued on decentralized blockchains will be considered commodities, not securities. Accordingly, their creators will have to register with the Commodity Futures Trading Commission. Z5 members of the committee voted in favor of the regulation, and 15 officials opposed it. The House of Representatives is controlled by Republicans, but in the Senate the majority of seats are occupied by Democrats, many of whom are skeptical of the legislative initiative of their political opponents. As a result, the law is unlikely to pass in Congress.
Which cryptocurrencies to invest in August ?
Not only well-established coins that have been favorites of market participants for a long time, but also new coins can bring profit. Tokens going through a pre-sale campaign have high growth potential. Wall Street Memes is a coin from a well-known online community that publishes memes commented on by Ilon Musk. Since the launch of the presale, more than $17.4 million has been raised, and the value of the asset is $0.0Z22. BTC20 is an ERC-20 token that replicates the tokenomics of BTC, but is based on a proof-of-stake architecture that offers steaking rewards. Ha presale raised over null.2 million, with coins available for as little as null. Wall Street Memes The events that created the hype around GameStop stock in 2021 led to a new financial movement. Back then, regular traders challenged Wall Street, which served as the inspiration for a new token meme known as Wall Street Memes (WSM). He secret is that community support is what allows a meme cryptocurrency to thrive. With its online presence and social media accounts with over 1 million followers, Wall Street Memes already has a significant fanbase. Interestingly, the fans have been around long before the cryptocurrency was released. Utilizing their NFT collection, the team created a global presence on social media years ago.
In July, eight so-called "dormant" bitcoin wallets, which had been inactive since 2012, emerged from more than 11 years of inactivity with several transactions. This month, about 1,216.92 BTC was transferred from the eighth of them, while the others saw transfers of 179.50 BTC and 10Z7.42 BTC.
The wallet with a balance of 10Z7.42 BTC first received coins on April 11, 2012, and since then the digital currency has remained untouched. At that time, one bitcoin was traded for only $ 4.84, and all coins were valued at a modest $ 5021. After the transaction, the owner transferred a paltry 0.00000546 BTC to the wallet. The first transaction was marked by btcparser.com service as executed with minimal concealment.
The privacy tool Blockchair.com gave the transaction a score of zero out of 100. This low privacy rating is categorized as "critical," indicating that three significant privacy flaws were discovered during the transfer. These include the identification of "matching addresses". A "critical" rating means that the identified problems seriously jeopardize the privacy of the parties involved. Along with 1,216.92 BTC sent from inactive bitcoin addresses created in 2012, three transactions were made this month from wallets created in 2011.
Two transfers took place on July 20, and the third was executed on July 21. During these three transactions, a modest 25 BTC worth 745 thousand dollars were moved. Interestingly, in June, three other dormant bitcoin addresses, dating back to 2010, with a total balance of 150 BTC worth $4.4 million, were awakened.
The FTX exchange reports that it has started accepting customer requests for compensation. The news of this led to an increase in the price of the FTT token by 22%. In order for customers to receive their funds, they should fill out an application on the website.
The application process includes verifying the account holder, collecting and verifying data, and reviewing account transfer histories. There must also be proof of account balance as of November 11 last year.
If necessary, more digital proof of claim with the exchange's debtor claims agent is provided.
FTX officials ask that the procedure be followed clearly in order to gain full access to customer account information.
Earlier, the Japanese unit of the bankrupt FTX exchange issued a withdrawal authorization. Users could get the assets through the Liquid Group platform, which is owned by FTX.
Meanwhile, while the exchange is preparing to compensate its clients, another scandal is unfolding around it.
Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in bitcoin, though he has previously said he has not invested in the major cryptocurrency. The investments came after his speech at the Bitcoin 202Z conference in May, when he announced that his campaign could be funded in bitcoin.
Challenging President Joe Biden, Kennedy Jr. took aim at the cryptocurrency community in his campaign. On May 3, he said that "cryptocurrencies, led by bitcoins, along with other crypto-technologies, are the main engine of innovation. In his view, it was a mistake on the part of the U.S. government to "slow down the industry and stimulate innovation elsewhere. Among his wealthy supporters are the founder of Twitter (the company is banned in Russia) and CEO of Block Inc. Jack Dorsey, who recently endorsed Kennedy.
Cryptoruble
The Central Bank will not forcibly transfer citizens to the Russian digital currency (CBDC). People will decide for themselves in what form they should receive pensions, salaries and benefits, Central Bank head Elvira Nabiullina said in April.
In an interview with Forbes this week, Bank of Russia Deputy Governor Olga Skorobogatova said that the cryptocurrency is not a stabelcoin.
CBDC is a commitment of the Central Bank. The regulator is not only the sole issuer of the token, but also the guarantor of the state's obligations to holders of the digital instrument.
The authorities will not take any hasty steps when introducing cryptocurrency into the payment infrastructure. It will take place in several stages from 2025 to 2027. With CBDC, citizens will be able to transfer funds between wallets freely and with minimal costs.
And Skorobogatov did not rule out that the cryptocurrency will be a good alternative to the financial information exchange system SWIFT. Businesses will get a tool with which they will be able to finance export-import transactions.
