Revolut is looking to expand its crypto offerings by taking a compliance-focused approach to become a safe haven for the entire crypto community
Bitcoin is seen as an asset with unique characteristics that can serve as an effective means of diversification in a context of growing global instability.
“Bitcoin, with its high volatility, is clearly a ‘risky’ asset in its own right. However, most of the risk and potential return factors that bitcoin faces are fundamentally different from traditional ‘risky’ assets, making it unsuitable for most traditional financial markets.”
These are the SEC's first steps toward this type of crypto scam.
Pig butchering is a type of trust-based investment scam in which fraudsters befriend victims on social media or dating apps, gain their trust, and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
https://www.coindesk.com/p.../
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.
https://www.coindesk.com/policy/2024/09/17/sec-charges-3-individuals-5-companies-with-operating-pig-butchering-scams/The company is stopping BTC mining to follow MicroStrategy's strategy: acquiring as much Bitcoin as possible on the open market.
Mining has not delivered enough value to shareholders over the past three years, executives say.
“Meanwhile, other listed companies have adopted an explicit policy of increasing bitcoin per share, including MicroStrategy, and have been rewarded by the stock markets.”
Bitcoin Treasuries data shows that the company currently holds 23 Bitcoin, worth $2 .5 million, making it the 45th largest corporate Bitcoin holder.
https://x.com/cathedrabitc...
The effect is immediate on the $SUI which increases by +8% following the announcement.
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The integration will enable Solana developers to build applications that put “real humans” first
https://fr-fr.worldcoin.or...
Wormhole brings World ID to Solana as new World ID integrations take off globally
Developers building on Solana can now more easily create applications that prioritize real humans, fostering trust in the digital world.
https://fr-fr.worldcoin.org/blog/announcements/wormhole-brings-world-id-solana-new-integrations-take-off-globallyThis put the channel at a 94,45% win rate since the last update; something that you could never find in any other group or channel.
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It would consist of 20 representatives from the crypto industry and would aim to allow the sector to provide advice to both agencies on their respective rules, regulations and policies 👀
According to investment bank Jefferies, “September is shaping up to be another tough month as BTC remains below $60 ,000 and the network hashrate continues to climb.”
“USDT attracts property rights under English law.”
"It can be searched and can be held in trust in the same way as other property."
https://www.coindesk.com/p...
England and Wales High Court of Justice Court Considers Stablecoin Tether USDT as Property in Case
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
https://www.coindesk.com/policy/2024/09/13/english-high-court-rules-tethers-usdt-stablecoin-counts-as-property/?utm_content=editorial&utm_medium=social&utm_source=telegram&utm_term=organic&utm_campaign=news