Is crypto safer than gold? - cyptoranking.com

2024-05-07

Popular crypto exchanges(2023 Update) 2024-05-07
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In March last year, the Ukraine government distanced itself from a video in which Ukraine president Volodymyr Zelenskyy appears to ask Ukrainians to lay down arms. The video turned out to be fake, created by AI deep-learning algorithms that create content from information they are trained on, hence the name “deepfakes.” “It cannot be the law that an agency must have explicit Congressional authorization to apply existing law to new fact patterns in complex and evolving financial markets,” the association said. Is crypto safer than gold?Police said that once users clicked the link and supposedly “verified” their personal details, hackers were then able to gain full access to their Binance accounts, where they proceeded to steal all of the assets contained within the users’ wallets.According to the post, the phishing scheme has seen 11 Hong Kong-based Binance customers report combined losses of more than $446,000 (3.5 million Hong Kong dollars) in the last two weeks. The police have asked any users who believe that they’ve received a potentially fraudulent message to log the suspicious messages on the “fraud prevention” section of its official website.Additionally, the police displayed a link to a newly published list of verified virtual asset trading platforms, provided by the Hong Kong Securities and Futures Commission (SFC). Currently, only two cryptocurrency exchanges — HashKey and OSL — are fully licensed for retail investment purposes in Hong Kong.Related: Hong Kong police, regulator form crypto task force as JPEX saga unfoldsEstablished in May, CyberDefender is a project launched by the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, aimed at increasing local citizen’s awareness of online security risks.Hong Kong police unveil 'CyberDefender' metaverse platform to combat rising digital crimes. https://t.co/xyqa0iWQxf— Cointelegraph (@Cointelegraph) May 28, 2023 In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami saying he might not release any more NFTs. U.K. politicians don metaverse avatars as they share Web3 roadmapPoliticians in the United Kingdom gathered in the metaverse on Sept. 20 to set out a vision for the country’s Web3 and blockchain industry. The gathering included eight British Lords, politicians and global leaders speaking about both the opportunities and challenges that the growth of Web3 technology could bring. According to Natalie Elphicke, a member of parliament who appeared with a unique avatar in the metaverse, Web3 “reimagines the very fabric of the internet,” representing a paradigm shift. Continue readingBitcoin Ordinals haven’t wrestled blockspace from money TXs: GlassnodeData from on-chain analytics firm Glassnode shows that despite concerns the NFT-like Bitcoin Ordinals protocol is clogging the Bitcoin network, there’s little evidence to prove it. According to Glassnode, inscription users tend to set low fee rates, showing they are more willing to wait longer for confirmation. “Inscriptions appear to be buying and consuming the cheapest available blockspace, and are readily displaced by more urgent monetary transfers,” the firm explained in its on-chain report. Continue readingNFTs are “totally worthless” says mainstream media, community respondsMedia outlet Rolling Stone has declared that NFTs are “finally totally worthless” in a recent report. The firm cited the findings of a DappGambl study on the NFT landscape. According to the data, up to 95% of NFTs owned by over 23 million users have no value at all. Members of the community responded to the report, with some showing previous articles from the media outlet that promoted the Bored Ape Yacht Club collection. The community member highlighted the drastic shift in the media narrative regarding NFTs. Continue readingNifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and moreJapanese artist Takashi Murakami has recently said he might not release any more NFTs after entering the market in 2021. The artist said in an interview with The Guardian that maybe he is “done releasing NFTs.” Murakami’s NFT collection Murakami.Flowers generated over $40 million in secondary trading volume, according to data from NFT marketplace OpenSea. Meanwhile, NFT artist Danny Casale recently won a multimillion-dollar contract dispute with a Web3 art curator called DigiArt. DigiArt sued Casale in March 2023 for allegedly breaching their contract after launching his own NFT project. However, a judge has taken the artist’s side as there was no contract start date specified. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

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The SEC's case against Ripple revolves around whether XRP, Ripple's digital asset, should be classed as a security. According to the SEC, Ripple engaged in an illegal securities offering by selling XRP to investors without registering the tokens as securities or requesting an exemption from registration. The Swiss canton of Zug enabled tax payments in Bitcoin and as well as other cryptocurrencies.El Salvador government declared its decision to adopt Bitcoin as legal tender, making it the first country to accept Bitcoin legally. The pro-government deputies voted for ‘Ley Bitcoin’ (Bitcoin Law) to make the coin legal tender. Buy Ethereum (ETH) with Bank Account or Transfer InstantlySouth Korea has the fourth largest gaming market in the world. According to a January report from the Korea Creative Content Agency, the company's annual revenue in 2021 was nearly 21 trillion Korean won (US$15.72 billion). Games that use cryptocurrencies or NFTs are prohibited in South Korea. The law is enforced by the Game Rating and Administration Committee and prohibits firms from encouraging speculative behavior by players through cashable rewards. That figure exceeds the total number of NFTs minted on the other major blockchain networks like Solana, Ethereum, and Polygon during their first 200-day periods.

Pudgy Penguins, the intellectual property company behind the NFT figures and physical toys, announced the distribution of the physical collectibles in 2,000 Walmart stores on Tuesday. “John has led Unity through incredible growth over the last nearly 10 years, helping us transition from a perpetual license to a subscription model, enabling developers to monetize, building other game services to serve our creator community, leading us through an IPO and positioning us as a pioneer in the developer community,” Botha said in a statement. Crypto Tax Software in IndiaThe tweet also accused certain media outlets of serving the interests of these elites by consistently launching unwarranted attacks on XRP, aiming to undermine its value and credibility among the general public. BNB is trading at $206.39 at press time.Maker Crypto: Will MKR Crypto Price Break Below $1300 Level?

As the SEC vs. Ripple lawsuit progresses, numerous possible outcomes remain on the table: Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial How to Trade Cryptocurrency and Make ProfitStark also questioned the effectiveness of the defence strategy in light of some of the previous confessions of SBF about his fake image in public. 8. Cheyenne, USA

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