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LBank Crypto Exchange Weekly Listing Report — September 26, 2022

LBank Crypto Exchange Weekly Listing Report — September 26, 2022

The weekly report from the LBank Exchange provides an overview of the intriguing new listings from this week and the week prior. Users can learn more in this report to comprehend these exceptional opportunities. New Listings on LBank Exchange Project: SIDO Listing date: 26th September Official Website: sidogame.io & sidogames.io About: SIDO P2E platform project avoids paying […]

Bitcoin Crypto News

Crypto Bust: China Collars 93 For Laundering $5 Billion In Digital Currencies

China has become a hotbed of illicit crypto trade lately. The country has earned quite a reputation in the international community when it comes to scams and illegal activities involving cryptocurrencies. Recently, there have been a number of nefarious activities originating from the country or involving Chinese nationals.  For instance, in June 2021, more than 200 […]

Crypto News

Sam Bankman-Fried Eyes On Bidding For Celsius Assets

Celsius Network is a cryptocurrency lending firm headquartered in New Jersey. Though it maintained its offices in four countries, the company’s operation was global. Celsius allowed users to deposit different crypto assets while offering a percentage yield as a reward. Also, customers could get loans from the platform through a pledge of some digital assets as securities. Many crypto-related firms were affected during the severe crypto winter in the first half of 2022. The collapse of the algorithmic stablecoin Terra and its ecosystem magnified the crisis in the crypto space. Celsius was one of the struggling firms that experienced a more significant impact from the situation. Related Reading: Ep01- Dr. Ruja – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast The company could not survive the heat of the prolonged bearish trend. According to some industry participants, the lending firm had to struggle more due to its outrageous rates on yields. Subsequently, it became bankrupt, stopped all withdrawals on its platform, and filed for Chapter 11 bankruptcy protection. SBF To Bid For Celsius Assets Following insolvency, a reporting source disclosed that Celsius assets are up for bidding. According to the report, the founder and CEO of FTX crypto exchange, Sam Bankman-Fried, plans to participate in bidding for the assets. Despite the overall crypto market decline today, the native token of Celsius, CEL, surged by 10% following the SBF statement. However, the token dipped after a few trading hours. At the time of press, CEL is trading around $1.51 depicting an increase of 1.22% over the past 24 hours. The recent move from the SBF synchronizes with the vision of his companies, Alameda and FTX. Through the bearish crypto trend in the first half of the year, the firms have been making several purchases in the crypto industry. SBF had a deal with BlockFi, one of the struggling crypto lending companies. Also, there are reports of SBF’s possible acquisition of Robinhood. However, the authenticity is still doubtful as it could all be part of rumors. In the latest development, FTX just won its bid for the assets of the insolvent Voyager Digital. The assets have an estimated value of about $1.4 billion. The company came out at the top after an auction that took two weeks with Binance and others as bidders. FTX will use West Realm Shires Inc., its US subsidiary, to acquire the assets. Alex Mashinsky, CEO Of Celsius Network Resigns Recently, Alex Mashinsky, the CEO of the Celsius Network, tendered his resignation letter. The executive announcement was on Tuesday, September 27, to the Special Committee of the Board of Directors of Celsius Network. Related Reading: Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead? Mashinsky’s resignation cuts across all his positions in the firm. These include his position as the CEO and other positions and directorships at various company subsidiaries. Featured image from Zipmex, Chart: TradingView.com

Bitcoin Crypto News

Ep01- Dr. Ruja – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast

Is Dr. Ruja Ignatova the cryptocurrency world’s biggest scammer? The competition is fierce, there are so many faces and stories fighting for that spot, but none of them is on the FBI Most Wanted List. Dr. Ruja is. Great, but, why is NewsBTC revisiting the 2019 true crime podcast “The Missing Cryptoqueen”? Because Jamie Bartlett, the journalist behind the project, just released a new episode.  Episode 10 of The Missing Cryptoqueen is now out. The hunt it back on: Israel, Dubai, Luxembourg, The Eurovision Song Contest & Krispy Kremes. Sorry, it’s taken me & ⁦@GeorgiaJCatt⁩ a while. And welcome to our new teammate ⁦@ByrnesyGsy⁩! https://t.co/bfZWgBqeeP — Jamie Bartlett (@JamieJBartlett) September 28, 2022 Is there new information? Did they FIND Dr. Ruja Ignatova The only thing we know for sure is that there’ll be a few new episodes, and that’s all we needed to hear. A BBC production, “The Missing Cryptoqueen” features various music and sound design, witness testimonies, interviews, and sound bites. There’s even original music in this podcasting extravaganza.  Related Reading: How Bitcoin Phishing Scams Are Stealing Millions NewsBTC will produce companion pieces for each of “The Missing Cryptoqueen’s” episodes. With summaries, quotes from the episode, and extra material from all over the web, this is the feature you people didn’t know you needed. Have this window open as you listen to each episode, it’ll enhance the already phenomenal experience. You can download episodes directly at the BBC, or listen to “The Missing Cryptoqueen” through Apple, Spotify, or iVoox. About Episode One – Dr. Ruja This is the introductory episode, it presents Dr. Ruja Ignatova and the OneCoin world. We feel the size of the scam, we hear from the people that fell for it and the voices of the true believers. It begins with Bitcoin and Satoshi Nakamoto’s story, goes to a OneCoin seminar in Mbarara, a town in Western Uganda, and ends with Dr. Ruja’s disappearance in October 2017. In “The Missing Cryptoqueen’s” first episode we can also see what a charismatic leader could do with bitcoin’s story and narrative. If Dr. Ruja Ignatova didn’t plagiarize it, she at least was heavily inspired by Satoshi Nakamoto’s mystique and discourse. Using quotes from her speeches, we hear Dr. Ruja speaking about a rotten financial system and corrupt banking institutions. About the possibility of banking the unbanked and what that would do for the world. About bitcoin’s pizza day story and how that could happen to OneCoin holders. However, Dr. Ruja’s OneCoin was better than bitcoin. It was here to replace it, in fact. Whenever you hear that, run. That should’ve been the witnesses’ first warning. In episode one, we hear about the OneLife network. The social part of the scam. We hear from a UK victim who assisted to the webinars, from a OneLife employee and insider, and we listen to an African song about OneCoin. There’s emotion in all of their voices. And an open wound. Near the end, we hear about 2017 and Dr. Ruja’s disappearance from people that were there at the scene. What happened? So far, there are nine more episodes of BBC’s “The Missing Cryptoqueen.” Let’s hope we get an answer to that question. BTC price chart for 09/28/2022 on Bitstamp | Source: BTC/USD on TradingView.com Quotes From Ep. 01 – “Dr. Ruja” “Then, in late 2017, Dr. Ruja disappeared. One of Europe’s richest women, a woman who seemed destined to change the world had vanished.” “It was impossible not to be impressed by Dr. Ruja. She appeared on the front cover of prestigious business magazines, she has degrees from Oxford and Konstanz University and is fluent in several languages.” “Thousands of people were filling stadiums to hear Dr. Ruja talk, to buy OneCoin and join this financial revolution.” “But in October 2017, there was a big OneCoin event in Lisbon, Portugal and Dr. Ruja was scheduled to speak.” Extra Material And Episode Credits This guide’s extra material comes courtesy of the podcast series’s IMDB page. In the description, IMDB gives us a good overview of what to expect from “The Missing Cryptoqueen.” “Dr Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded millions to join her financial revolution, investing billions. Then she disappeared. Why? Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast, and trying to figure out where she’s hiding.” Related Reading: Apple Co-Founder Loses Lawsuit Against YouTube Over Crypto Giveaway Scams This 2019 clip with producer Georgia Catt also qualifies as a trailer for what’s to come: "She created this vision of herself using a bit of truth and a bit of fabrication, to create a convincing business genius…" Where is the missing cryptoqueen? @georgiajcatt, @JamieJBartlett & @TinaDaheley discuss on @BBCRadio4's #BeyondToday podcast 👉https://t.co/UMghdnRpP4 pic.twitter.com/pWTwAKEzKP — BBC Sounds (@BBCSounds) September 24, 2019 And finally, the episode’s credits: Presenter: Jamie Bartlett Producer: Georgia Catt Story consultant: Chris Berube Editor: Philip Sellars Original music and sound design: Phil Channell Original music and vocals: Dessislava Stefanova and the London Bulgarian Choir You’re part of NewsBTC’s “The Missing Cryptoqueen’s” listening group by just reading these guides. Let’s explore Dr. Ruja Ignatova’s world together. Featured Image: “The Missing Cryptoqueen” logo from the BBC’s site | Charts by TradingView

Crypto News Ethereum

Tax on income you never earned? It’s possible after Ethereum’s Merge

tax-on-income-you-never-earned?-it’s-possible-after-ethereum’s-merge

IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are measures they can take to prepare for whatever the IRS decides. After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax More

The post Tax on income you never earned? It’s possible after Ethereum’s Merge appeared first on BTC Ethereum Crypto Currency Blog.

Altcoins

Altcoin Built on Ethereum Erupts 75% in Three Days Following Patent Infringement Lawsuit With Coinbase

An Ethereum-based crypto project is quietly outshining other digital assets as markets turn green on a relief bounce. Veritaseum (VERI) is a global blockchain-based software that aims to provide access to peer-to-peer financial marketplaces. Veritaseum offers a suite of various products, including a forensic research tool, a lending or “rental” platform, and a tokenization service. […]

The post Altcoin Built on Ethereum Erupts 75% in Three Days Following Patent Infringement Lawsuit With Coinbase appeared first on The Daily Hodl.