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Medium
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Why the MATH Airdrop is Essential for Investors
- Airdrops play an essential role in token distribution and community growth in the cryptocurrency space.
- Be cautious when participating in airdrops and ensure dealing with credible projects and platforms.
- Stay updated on new airdrop campaigns via social media, forums, and dedicated platforms like DappRadar.
- MATH $MATH airdrops provide opportunities for acquiring tokens and connecting with innovative projects.
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Bitcoinist
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Mutant Ape NFT Creator To Forgo $1.4 Million, Escapes Jail Time
- The creator of the fraud NFT collection 'Mutant Ape Planet', Aurelien Michel, will avoid a prison sentence following a recent court ruling.
- Michel has been ordered to forfeit over $1 million and pay a $15,000 fine for conducting a rug pull and defrauding investors of $2.9 million.
- US Judge Margo Brodie handed a one-month sentence to Michel, which has already been served following the defendant's arrest in 2022.
- Michel's defense argued that all investors did receive a 'digital artwork' in line with the definition of an NFT, but the value of these artworks is unclear.
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Bitcoinik
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Moonrock Capital CEO Raises a Serious Question About Binance’s Hidden Token Listing Requirement
- Moonrock Capital CEO, Simon, raises concerns about Binance's hidden listing requirements.
- Binance allegedly asks projects to provide 15% of total token supply as listing fee, valued at $50-100 million.
- Coinbase CEO, Brian Armstrong, highlights that Coinbase lists tokens for free if they meet compliance requirements.
- Andre Cronje defends Binance, claims Coinbase asked for listing fees ranging from $30-300 million.
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Medium
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Swisstronik: Redefining Privacy in Blockchain — Why It’s a Step Ahead of Existing Solutions
- Swisstronik is a next-generation privacy solution in the blockchain space.
- It offers programmable privacy, allowing users to control who accesses their data and how much they can see.
- Swisstronik is designed to meet global data regulations such as GDPR and HIPAA, making it attractive to highly regulated industries.
- It focuses on cross-chain privacy, facilitating secure swaps across blockchains without compromising privacy or security.
- Swisstronik eliminates gas fees and offers MEV protection, making blockchain technology more accessible and affordable.
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Tokenhell
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NFT Sales Increase by 18% as Trading Volume on Solana Peaks at $5.93 Billion
- NFT trading volume experienced an 18% increase in October after a seven-month downtrend.
- NFT monthly volume reached $356 million, marking a significant recovery.
- DMarket had the highest trading volume of $33.67 million, followed by Guild of Guardians Heroes and Bitcoin Puppet.
- Solana's NFT ecosystem achieved a new milestone with a trading volume of $5.93 billion, making it the second-largest NFT market after Ethereum.
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TronWeekly
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FTX Collapse Turns Two: The Rise Of Proof-of-Reserves In Crypto Exchanges
- FTX collapse anniversary nears, highlighting the crypto industry’s ongoing trust and transparency challenges.
- Proof-of-Reserves become crypto’s new standard; Coinbase stands out as the only major exchange without a PoR report.
- Binance leads in transparency with extensive Proof-of-Reserves, strengthening trust amid market volatility.
- FTX's collapse two years ago emphasized the need for exchanges to prove their reserves, leading to the adoption of Proof-of-Reserves (PoR) as the new industry standard.
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TronWeekly
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U.S. Extends Pursuit of FTX Political Donations to 2025 Amid Settlement Talks
- The U.S. government is negotiating to return $13.25 million in political donations linked to FTX.
- Federal discussions aim to resolve third-party petitions without litigation, extending deadlines to January 15, 2025.
- The crypto industry reflects on proof-of-reserve practices two years after the FTX collapse.
- Binance remains steady with solid reserves, while Coinbase lacks public proof-of-reserves reports.
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99Bitcoins
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Africa Crypto Week in Review: Telegram Driving Crypto Adoption, Naira Falling, As Hedera Partners With Kenya’s NSE
- Africa crypto is growing, with Telegram driving adoption and the Naira falling.
- Telegram has played a key role in the rise of crypto adoption in Africa, with Telegram crypto communities expanding by approximately +189% since 2023.
- Nigeria experienced a falling Naira and blamed Binance for manipulating its price, leading to the exchange closing shop.
- Hedera has partnered with the Nairobi Stock Exchange (NSE) to boost tokenization initiatives in Kenya.
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TheNewsCrypto
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Mutant Ape Planet NFT Creator Ordered to Forfeit $1.4 Million
- Developer behind Mutant Ape Planet NFTs, Aurelian Michel, sentenced to forfeit $1.4 million in fraud-related penalties.
- Michel served a month of incarceration before sentencing and was given an additional fine of $15,000.
- Judge acknowledges uncertainty in determining the losses experienced by NFT buyers.
- Legal troubles began in January 2023, with Michel confessing to executing a 'rug pull' on social media.
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Dev
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Deploying an NFTs Marketplace Solution on AWS Super Fast
- To align with the Fourth Industrial Revolution (4IR) and embrace rapid technological changes globally, I decided to deploy an NFTs Marketplace on AWS quickly.
- We will use the Ethereum Ropsten Testnet with support from Amazon Managed Blockchain, along with a few other AWS services, all initiated via CloudFormation.
- The deployment involves deploying a contract, testing locally, testing on the Ethereum Ropsten Testnet, deploying the API for the backend, and setting up the frontend for the marketplace.
- The deployment process includes checking Node.js version, cloning the source and installing dependencies, deploying the contract using Hardhat, testing locally using Hardhat node, testing on Ethereum Ropsten Testnet, deploying API for the backend using AWS CDK, and setting up the frontend for the marketplace.
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Bitcoinik
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On Diwali, WazirX Users Appeal to Binance’s Former CEO CZ for Support Amid Ongoing Struggles
- WazirX users appeal to Binance's former CEO CZ for support amid ongoing struggles.
- Majority of WazirX users ask Changpeng Zhao to intervene in the WazirX vs. Binance dispute.
- WazirX exchange was hacked 3.5 months ago, leading to the suspension of services.
- Binance's former CEO CZ receives requests to address the dispute and resolve the matter.
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Bitcoinist
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CZ Breaks Silence: Binance Former CEO Returns After 4 Months Behind Bars
- Changpeng Zhao, the former CEO of Binance, made his first public appearance at the Binance Blockchain Week in Dubai after serving four months in prison.
- CZ reflected on his time in prison, emphasizing the importance of family, friends, and the simple comforts of life.
- He accepted his sentence as a part of his journey and intends to explore new interests, particularly in the artificial intelligence sector, during his forced retirement.
- Contrary to rumors, CZ clarified that there are no lifetime bans in his plea agreement and he still works in investment.
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Bitcoinik
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CZ Declines Future CEO Role at Binance, Even If U.S. Approval Is Granted
- Binance's former CEO, Changpeng Zhao (CZ), clarified that he has no interest in any position at Binance, even if allowed by U.S. authorities.
- CZ completed his prison sentence and has been focused on his educational initiative, Giggle Academy.
- During the Binance Blockchain Week event, CZ mentioned that there is no permanent agreement preventing him from returning to Binance, but he has no intention of returning as CEO.
- CZ expressed his continued bullishness on technological advancements, such as blockchain and AI, and his commitment to investing in these sectors.
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Crypto-News-Flash
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CZ Returns with Big Plans: Talks Education and Receives Dubai’s Warm Welcome
- Binance founder Changpeng Zhao (CZ) made his first public appearance since returning from prison at the Binance Blockchain Week in Dubai.
- CZ spoke about his prison experience, reflecting on the importance of human connections and expressing his displeasure with how his case was handled compared to recent cases involving banks.
- CZ mentioned his educational platform, Giggle Academy, which aims to provide digital education to millions of people worldwide, particularly those lacking resources.
- He highlighted the global illiteracy and the lack of access to education, emphasizing the need for educational projects to supplement the existing system.
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Coinjournal
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Immutable becomes the latest to receive a Wells notice from the SEC over alleged securities laws
- Immutable, a blockchain gaming platform, has received a Wells notice from the US SEC alleging securities laws and misrepresentations.
- Immutable believes the claims are targeting the listing and private sales of IMX in 2021.
- The company joins Coinbase, Crypto.com, and OpenSea in receiving Wells notices from the SEC.
- The notice provided less than 20 words of material explanation.
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