Crypto Retro

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🚀 Ripple's XRPL Evolution: Ethereum Smart Contracts Join the Party! 🤝 Ripple, the driving force behind XRP, is making waves again! On September 3, they dropped a bombshell: Ethereum-compatible smart contracts are coming to the XRP Ledger (XRPL). This move isn't just about catching up; it's about setting sail for new horizons. 🌐 The XRPL ecosystem is getting a makeover, and developers are in for a treat. With this integration, Ripple aims to take on Ethereum, BNB Chain, Avalanche, and Solana head-on. It's all about expanding possibilities for users and entrepreneurs alike. ➡️ Ripple's approach is cleverly two-fold. First up, they're launching an XRPL Ethereum Virtual Machine (EVM) sidechain. Think of it as a friendly neighborhood for Ethereum-savvy devs, complete with the beloved Solidity programming language. 🟢 But that's not all! Phase two will bring smart contracts to the XRPL mainnet itself. While we don't have an exact ETA yet, Ripple has made it clear: they're in it for the long haul. The future of programmability on XRPL looks bright, with 2025 set to be a milestone year. 🎓 Ripple isn't just making moves in tech; they're expanding their academic reach too. Yonsei University from Korea has joined forces with Ripple's University Blockchain Research Initiative (UBRI). Together, they'll explore AI, finance, and information systems – and even launch an XRPL validator!

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🔄 FTX Executive Reverses Petition To Change Guilty Plea ➡️ Legal Twist: Salame Withdraws Plea Amid Bond's Indictment 🤝 Former FTX executive Ryan Salame has made a surprising U-turn, withdrawing his petition to vacate his guilty plea in connection with criminal charges tied to FTX. This unexpected move comes in the wake of his partner Michelle Bond's recent indictment on campaign finance violations during her congressional campaign. 💔 Salame's initial bid to reverse his plea was motivated by concerns over Bond's legal troubles. However, it seems that the latest development has prompted a change of heart. In a court filing, Salame's lawyers stated that he is stepping back so that Bond can address the matter in her own proceedings. ⚡️ The legal saga surrounding Salame and FTX continues to unfold. His decision not to testify against Sam Bankman-Fried, the mastermind behind the fraudulent crypto exchange, may have played a role in his hefty 7.5-year prison sentence earlier this year. 💥 In an ironic twist, Salame's surrender date was postponed due to a dog attack that left him needing medical treatment and surgery. His colorful social media posts have provided glimpses into his personal struggles and political leanings.

🚀 ApeBond is your ultimate solution for raising funds with native tokens, whether you're a startup or scaling up. Their on-chain OTC marketplace is tailored to ensure your success, and they’re proud to be the premier bonding protocol in DeFi. 📊 With a stellar track record—87% average ROI, 57,000+ partner Bonds sold, $16M+ in total bonded value, and 172+ Bond partners-they address key challenges that projects face. Traditional OTC ROI averages only 65%, treasury diversification is often low, liquidity pools are shallow, and capital raising is frequently hidden from holders. 💡 ApeBond transforms these challenges into opportunities by allowing users to buy your token at a slight discount, vest it over time, and pay you directly in stablecoins or bluechips. It’s a win-win that both engages your community and raises capital. 🤖 Their AI-driven platform maximizes Bond performance by providing personalized recommendations and fine-tuning strategies to connect with the most relevant users, ensuring optimal returns. 📈 They’ve consistently boosted on-chain liquidity, increased project revenue, and grown communities for our partners. Ready to tap into the power of Bonds? Join them today to unlock new opportunities, boost your treasury, and engage your community like never before. Together, we’re stronger! 💥 Learn more here. https://ape.bond/partners

➡️ BNB Chain Launches Its Cross-Chain Bridge with Celer, deBridge, and Stargate 🚀 BNB Chain, the blockchain platform by Binance, has just made a major move towards interconnectivity with other blockchains. In collaboration with Celer, deBridge, and Stargate, they have launched the highly anticipated BNB Chain Bridge. 🔗 This new bridge is not just any ordinary connection; it integrates cutting-edge technologies like Celer's cross-chain network, deBridge's interoperability framework, and Stargate's cross-chain liquidity solution. The aim? To enhance interoperability, liquidity, and most importantly, the user experience on BNB Chain. 💼 But it doesn't stop there. The team behind BNB Chain is thinking big. They believe that this integration will not only expand the platform's capabilities but also attract more projects to join the BNB Chain ecosystem. It's all about supporting developers and driving global adoption of Web3. 💧 And there's more! BNB Chain is also diving into the world of stablecoins with the establishment of a liquidity pool. This move aims to make transfers from other chains to BNB Chain smoother than ever before. With ample liquidity and competitive rates, they're building a fast-growing stablecoin ecosystem. ✅ As blockchain technology evolves, so does the need for efficient and cost-effective cross-chain services. BNB Chain is stepping up to the challenge, bridging gaps and making waves in the crypto space.

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🚫 SEC Rejects Dismissal Motion: Richard Heart's $1 Billion HEX Case Heats Up! 💼 Accused of Fraud: Richard Heart, aka Richard Schueler, faces a staggering accusation of defrauding investors with unregistered securities worth over $1 billion. 💸 Lavish Luxuries: The SEC alleges that Heart dipped into investor funds, splurging on extravagant purchases like Ferraris, Gucci goodies, and even a jaw-dropping $4.3 million black diamond called the Enigma. 🌐 Jurisdiction Jumble: Heart's legal team tried to dodge the bullet by arguing he's an international player, not targeting the US market. But the SEC countered, claiming Heart aimed his promotions squarely at American investors. ✅ American Connections: The SEC pointed to Heart's virtual appearances at Las Vegas conferences and an in-person interview on a Miami podcast, where he enthusiastically touted his crypto ventures, HEX, PulseChain, and PulseX. 🔒 Staking Shenanigans: The SEC maintains that HEX was no ordinary token but an unregistered security masquerading as a staking product. Investors were tantalized with a tempting 38% reward in additional tokens. ⚠️ Recycled Ethereum Riddle: To add fuel to the fire, the SEC raises concerns about potentially fraudulent demand, suggesting that a significant chunk of deposited Ethereum found its way back into crypto exchanges.

🚀 AI Companions 🚀 You’ve entered the world of AI Companions – a groundbreaking project set to revolutionize virtual companionship. 🧚‍♀️ 👉 Join our Telegram channel now to stay updated and be part of our growing community! 💬 Telegram Channel 🔮 What is AI Companions? We’re merging AI, VR, AR, and blockchain to offer a personalized, immersive digital relationship experience. Imagine a virtual partner who learns, adapts, and evolves with you – that’s the power of $AIC. 💪 Why Trust Us? Our team has a proven track record in building successful crypto businesses. We’re committed to making AI Companions a global success. 🌐 💥 Early Opportunity! You’ve been selected to join early and secure your spot in a project that could 100x your investment. 📊 🎟 Whitelist Sale: Apply now for a chance to secure $AIC tokens at the best price: 🔗 Apply Here *A maximum of 200 participants who can offer value to $AIC will be hand-selected to participate in our WhiteList Sale* 🕛 Official Launch: TBA – Anticipated in a few short weeks. 💎 Why Invest in AI Companions? Unmatched Potential: Merging three multi-billion-dollar markets: AI, Blockchain, & Digital Companionship. 🙌🏼 $AIC Utility: Powers personalized experiences within our ecosystem. Aggressive Marketing: Committed to full-force marketing pre- and post-launch. Strategic Listings & Partnerships: Surprise exchange listing, fast-tracked CMC & CG listings, influencer marketing, and a Certik Audit for trust and security☑️ 📍 Stay Tuned for More News! This is your chance to be part of the AI Companion revolution. Act fast for a chance to secure your spot today! 🚀 🔗 Socials: 🐦 Twitter 💬 Telegram Channel 💻 AI Companions Website

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🚀 Creditors Celebrate FTX's Resurgence: 95% Approval Ignites Hope! 📣 In a stunning turn of events, FTX, the once-fallen crypto giant, is making a triumphant comeback. With a resounding cheer, creditors have given their overwhelming support to FTX's reorganization plan, boasting an astonishing 95% approval rate! ⚡️ This vote of confidence not only signals a potential victory for FTX but also suggests that the plan is poised to soar past the legal thresholds set by U.S. bankruptcy law. 💼 Led by the astute CEO John Ray III, FTX's innovative restructuring strategy has struck a chord with both governmental and private stakeholders. It's a testament to the plan's prowess in navigating the treacherous waters of complex disputes. 💰 But what does this mean for creditors? Well, if all goes according to plan, they can expect a full compensation package that covers 100% of their claims, plus interest. It's a breath of fresh air for those who've been waiting in financial limbo. 🔴 However, not everyone is dancing to the same tune. A few FTX customers have raised concerns about how their precious cryptocurrency holdings are being valued within the plan. Sunil Kavuri, a vocal advocate for these customers, is making sure their voices are heard.

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🚀 Fabric Cryptography Secures $33M For New Cryptographic Chip 💰 Fabric Cryptography has raised $33 million in a Series A funding round to develop a cutting-edge cryptographic chip. 🤝 The funding round was co-led by Blockchain Capital and 1kx, with support from industry players like Offchain Labs, Polygon, and Matter Labs. 💼 With this latest injection of capital, the company's total funding now stands at an impressive $39 million. ⚡️ The focus of the funding will be on advancing the development of the Verifiable Processing Unit (VPU), a custom chip designed to enhance cryptographic operations' efficiency. 🔒 Fabric Cryptography aims to tackle the increasing demand for privacy and security in digital interactions by speeding up processing and reducing costs. ✅ The VPU is not just about current cryptographic techniques; it's also built to adapt to future advancements, including zero-knowledge proofs and fully-homomorphic encryption. 🌐 Beyond cryptography, the company plans to expand its teams to integrate its technology into sectors like AI, finance, and dApps. 💻 Moreover, Fabric Cryptography is working on a software stack that will empower developers to implement their cryptographic solutions across different platforms. 🗣 "Our mission is to scale the speed and availability of next-gen cryptography," says CEO Michael Gao. Their ultimate goal? Making trust and privacy foundational in every digital interaction.

💯 Meet Hero.io: A Suite of AI-Driven Web3 and DeFi Tools Powered by Cambridge PhD Researchers Hero.io transforms complex crypto data into clear, actionable insights. The platform makes your Web3 experience easier, more secure, and more successful. 🌟 The Hero team brings expertise from top companies like Meta, Amazon, Animoca Brands, and Wio Bank. The proprietary AI engine is crafted by PhD researchers from the University of Cambridge. 🔹Key Features: AI Search: Imagine ChatGPT, but specifically for crypto. Hero.io’s proprietary AI delivers top-tier search results, offering insights into market sentiment, project health scores, historical coin data, and more. The launch is scheduled for Q4 2024. Private Browser: Browse the internet freely, without restrictions or surveillance. Secure Wallet: Manage your crypto and NFTs in one secure wallet. 🪙 $Hero Token: The $Hero token is the lifeblood of the Hero.io ecosystem, designed to power various features and services across the platform. ✔️ Join the Hero Telegram Chat ❗️ Engage in conversation with Hero's stellar Cambridge PhD and Web3 teams! ➡️➡️https://t.me/HeroCommunityPortal

🚀 Chaos Labs Raises $55M to Expand Onchain Economic Security Solutions 💰 Chaos Labs, a leading provider of onchain economic security solutions, has secured a whopping $55 million in a Series A funding round. The investment will fuel the company's mission to fortify decentralized finance (DeFi) protocols and ensure security and efficiency in the rapidly evolving blockchain landscape. 🤝 The funding round was spearheaded by Haun Ventures, with participation from esteemed investors like Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, and Coinbase Ventures. Notable angel investors also joined the fray, including industry heavyweights like Kevin Weil from OpenAI and Michael Shaulov from Fireblocks. 🔒 With this substantial financial backing, Chaos Labs is set to bolster its risk management platform, which already supports over 20 protocols including popular names like Aave, GMX, and Jupiter. To date, their technology has safeguarded an impressive $860 billion in trading volume and facilitated $25 billion in loans. 🌐 Looking ahead, Chaos Labs envisions a future where DeFi applications are no longer reliant on outdated data. CEO Omer Goldberg emphasizes the importance of dynamic data infrastructure, integrating real-time market insights for more informed risk management decisions. The goal? To navigate the volatility of crypto assets with precision and agility.

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🚨 Iran's $20 Bounty on Shady Crypto Miners Amid Power Crisis ⚡️ Power Shortages Spark Rewards: Iran is grappling with a severe power crisis, and now it's offering a $20 reward to citizens who report illegal crypto mining operations that are worsening the electricity grid's strain. 🔥 Heatwave Amplifies Woes: With a scorching heatwave hitting the country, Iran's power infrastructure is already under immense pressure. The surge in unauthorized mining activities is only adding to the chaos, warns Mostafa Rajabi Mashhadi of Tavanir, Iran's state electricity company. ⚡️ Unprecedented Disruptions: Over 230,000 illicit mining devices, guzzling up to 900 MW of electricity, have been identified so far. This consumption rivals that of an entire province and necessitates building a new 1,300-MW power plant! 🔒 Cracking Down on Illicit Trade: It's not just about mining; Iranian intelligence services have also been targeting accounts involved in illicit trading since 2022. The aim is to tackle potential connections between crypto and evading U.S. sanctions. 🌐 Global Concerns: This move comes after U.S. senators raised concerns about Iranian crypto mining potentially aiding terrorism and military actions. Elizabeth Warren and Angus King are pushing for a thorough investigation into these alleged connections.

🏆 CFTC Rewards Whistleblower with $1M in Digital Asset Case 🚨 The CFTC has just handed out a hefty sum of $1 million to a whistleblower who played a pivotal role in exposing misconduct in the world of digital assets. 📢 In an official statement, the CFTC revealed that this courageous informant's tip-off led to an enforcement action against wrongdoers, shedding light on unlawful conduct. 💰 Under the CFTC's Whistleblower Program, informants can receive anywhere between 10 and 30 percent of the fines collected, all thanks to the Customer Protection Fund. 🔴 Crucially, this means that innocent victims aren't left footing the bill; the funds are sourced solely from penalties imposed on those who break the rules. 🌐 "As digital asset scams continue to prey on everyday Americans, cracking down on illegal activities in this space is a top priority," emphasized CFTC's Director of Enforcement, Ian McGinley. 📈 With digital asset cases accounting for nearly half of the CFTC's workload last year, it's clear that whistleblowers are playing an increasingly vital role in keeping things above board. 💼 Since its inception in 2014, the Whistleblower Program has doled out a staggering total of around $380 million, empowering those who dare to speak up. 💸 Meanwhile, in a separate but equally eye-opening development, it appears that crypto exchange FTX may have paid out a jaw-dropping sum of $25 million as hush money to seven whistleblowers before its downfall. 🔍 An independent examination into FTX's practices revealed that these payouts were allegedly related to employee severance packages and raised concerns about a lack of proper documentation.

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