Crypto Lake

🚫 Binance Suspends Bitcoin Ordinals Trading – What’s Going On? ➡️ Binance dropped a bombshell on April 4, announcing the suspension of Bitcoin Ordinals trades and deposits starting April 18, 2024. Holders of these unique NFTs were urged to withdraw their assets from the platform's marketplace before May 18, 2024. 🤔 The reason behind this move remains a mystery as Binance simply stated it was looking to "streamline product offerings." Furthermore, the exchange's NFT marketplace will no longer offer perks related to Bitcoin NFTs after April 10, 2024. ⛔️ Despite Binance's decision, rival exchange OKX is doubling down on Bitcoin Ordinals, planning to support four new inscription standards in anticipation of their importance in 2024. 📉 The suspension comes at a time when interest in NFTs, including Bitcoin-based ones, is at a low point. Sales have plummeted from their peak of 117,000 in August 2021 to a meager 2,400 across various blockchains. ⚠️ Concerns about network security and congestion have also been raised. Bitcoin NFTs have been blamed for clogging up the network and causing increased fees. The high volume of inscriptions has led to slow transaction processing and hefty fees totaling over $430.7 million.

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📈 Russian Crypto Exchange Transactions Hit $52B in 2023: Central Bank Reveals Surge! ➡️ The Russian crypto market is booming, with transactions on major exchanges reaching a staggering $51.67 billion in Bitcoin and Ethereum alone, according to the Central Bank's latest report. 🔍 While this figure is impressive, it may just be the tip of the iceberg. The report hints that most Russians prefer the privacy and flexibility of peer-to-peer (P2P) platforms, suggesting an even higher total volume. 🤝 P2P transactions have become the go-to method for acquiring digital assets in Russia, with a significant 50% increase in average monthly volumes among citizens. 🔢 How did the Central Bank arrive at these numbers? They credit their accuracy to the cutting-edge blockchain analytics tool, Prograchniy Blockchain, developed by Rosfinmonitoring. This tool has even helped solve a crypto-powered contract killing case! 🌐 With its ability to trace transactions across multiple blockchain networks, Prograchniy Blockchain provides invaluable insights into both senders and recipients of cryptoassets.

Get ready to add some 🐧 to your portfolio! #LPP the first CommunityCoin of Solana! 🔥 Project combining communitycoin and memecoin concepts, with high technical and fundamental potential, riding on the peak popularity and growth of memecoins this year! The first Community Coin on Solana Ecosystem. The tokens were only listed today at MEXC and are being redistributed as traders move from short-term speculation to long-term investemts📈 Expecting uptrend | The best time to buy for portfolio 🙋Buy LLP at MEXC now 📱Telegram | 🌐Website | 💬 Discord

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🔒 Former FTX Executives and Promoters Settle for $1.35 Million in Lawsuit 💰 In the aftermath of Sam Bankman-Fried's sentencing, former FTX executives and promoters have agreed to a $1.3 million class action lawsuit settlement. This development comes as no surprise, considering their alleged involvement in Bankman-Fried's multi-billion dollar fraud on FTX customers. 🤝 The list of those involved includes Nishad Singh, former head of engineering for FTX, Caroline Ellison, CEO of Alameda Research, Gary Wang, chief technological officer for FTX, and seven promoters linked to the now-defunct exchange. 🟥 Not only have these individuals "pled guilty" in the criminal proceedings against them, but they have also committed to full restitution and forfeiture of the designated sum. ⚡️ Judge Lewis A. Kaplan, who presided over Bankman-Fried's case, will now determine how these funds will be distributed among the victims affected by the FTX collapse. 💥 The settlement acknowledges the magnitude of this financial disaster, referring to it as one of history's greatest. It highlights the tireless efforts made by plaintiffs and counsel to bring justice to all those impacted by this scam.

How about adding some kittens to your investment portfolio? *Meow* 😸 I turned my attention to #UpSideDownCat by @USDCAT Meme-based tokens, like Pepe and Doge tokens, are booming this year, offering substantial returns quickly. It's time to find the next big meme token! 🚀 At the moment #USDC token is near the support zone from which the price has already moved up many times and updated higher points📈 Just imagine how cool it will be if this coin costs $1 as a stable-coin. Then there will be even more people in the cats family! 😜

Good chance to buy the $GGMT at a discount before a strong uptrend 📈 @GGMetaGameChat, it's a platform like a Steam for Play-to-earn games. Combining the best aspects from Web2 games with the potential of Web3 technologies🕹 At the moment the token is in the liquidity accumulation phase. I expect a correction and a GAP zone close to 0.5 from last candle and then a strong uptrend. Since MEXC Launchpad's launch, #GGMT token's price has surged over 300%, and I anticipate further gains in the current bull market. 🐂 ✅ Invest and hold up to $0.045 ✅

📌 Laser Digital and TruFin Team Up for Polygon Fund: Liquid Staking for Institutions ✅ Laser Digital, the crypto-focused arm of Nomura, has joined forces with TruFin to launch the Laser Digital Polygon Adoption Fund. This exciting collaboration aims to provide institutional clients with exposure to Polygon's MATIC token and its lucrative staking rewards. 💼 Targeting sovereign wealth funds and private asset managers, this fund represents a significant step towards wider institutional adoption of decentralized security. With an estimated annual staking reward of 5.94%, investors can enjoy even higher yields through TruStake's liquid staking solution. 🌐 Leveraging the power of Polygon's AggLayer, which enhances liquidity and transaction speed, the fund promises operational efficiency and secure access to the burgeoning world of Polygon-Matic digital assets. 📈 Colin Butler, Global Head of Institutional Capital at Polygon, believes that attracting institutional investors to staking will not only benefit their portfolios but also bolster the overall security of the Polygon network. ⚠️ While liquid staking is gaining popularity in DeFi circles, it's essential to heed warnings from industry figures like Vitalik Buterin about potential centralization risks. Nevertheless, with Ethereum's scaling upgrades on the horizon, Polygon continues to shine as a leading layer 2 solution for smart contract enthusiasts.

NO EFFORTS AND UP TO 400 USDT! In three steps. Partake in the Dollet Wallet campaign, earn points (Sprouts), and compete for the top spot! PLUS! Receive a super rare NFT – your takeoff for future $Drop. Crypto Bloom with Dollet! Time is running! Run to catch up! Dollet Wallet is a non-custodial wallet with integrated DeFi strategies where you can earn up to 14% on Ethereum in just 1 click. Under the hood, they've got integrations with Pendle and Ether.fi, plus solid audits, so everything looks great. Dollet supports more than 10 networks and offers bridge and swap functionality. What to do? 1. Head here - https://dolletwallet.com/cryptogarden/ 2. Attach your social networks 3. Complete tasks 4. Download the app and perform a minimum number of actions (swap/bridge/deposit into a strategy) 5. Refer your friends BONUS! SWAP UNLIMITED AND GET x2 SPROUTS FOR EACH SWAP! LOOT and EARN!

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$PRF Fair Sale is Live on the Parifi Website! Parifi revolutionizes perpetual contracts with a dynamic pricing mechanism, utilizing liquidity curves, on-chain oracles, and advanced math models for stable and predictable market pricing. Community Round 1: A Resounding Success! - The LBP on @FjordFoundry sold out - Raised $154.59K - Welcomed 409 new $PRF holders 🚀 Mainnet Beta Launching This Month! 🚀 Notable Features: - Accurate pricing & dynamic fees - No limit on positions - Auto-compounding vaults - Convenient social media logins - Customizable parameters 🤝 Strategic Partnerships: Pyth Network, Router Protocol, Web3Auth, Tenderly, Exactly Protocol, Sablier, and Gelato. 🔥 $PRF soaring on BitMart, 131.58% above sale price: https://www.bitmart.com/trade/en-US?symbol=PRF_USDT ⬇️ $PRF Fair Sale Details ⬇️ - Ends On: March 26th at 6 PM UTC - Token Price: $0.012 - Chain: Chain agnostic - 8.6M+ tokens snapped up in just 24 hrs ⚡️ Don't Miss Out – Participate Now, No Matter Your Chain! ⚡️ 👉 Official Sale Page Link 👈 🔔 Stay Connected with Parifi 🔔 🌐 Website 💬 Discord 💬 Telegram ✖️ Twitter

🚀 Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing ✔️ Exchange Takes Decisive Steps In a bold move, Bithumb is spinning off its holdings operations into a separate company called Bithumb Investment. This strategic decision, outlined in a regulatory filing, will allow the exchange to focus on its core business of operating the crypto trading platform. 📈 Could Bithumb Bring Forward its Listing Plans? With the recent surge in retail Bitcoin trading and the aim to boost market share, Bithumb hopes that this spinoff will pave the way for an accelerated IPO launch. By creating a new entity centered on the exchange business, the exchange aims to distance itself from ongoing legal issues and ensure the success of its public listing. 💼 Promoting Efficiency and Growth According to a Bithumb spokesperson, this move will not only enhance operational efficiency but also boost the growth of the exchange. By adopting separate ownership models, Bithumb seeks to expand its reach and solidify its position as South Korea's first publicly listed trading platform.

📣 Polygon PoS Sidechain Leads the Way with Napoli Hard Fork, Embracing Dencun Upgrades 📌 The Napoli hard fork has propelled the Polygon Proof-of-Stake (PoS) sidechain to new heights, becoming the first network to embrace the groundbreaking RIP-7212 and other Dencun features. 💡 With EIP-1153, the network optimizes block space utilization, boosting overall performance and efficiency. 🔒 Enhanced security comes in the form of EIP-6780, which adds a layer of control to selfdestruct operations. ⚙️ Streamlining processes, EIP-5656 reduces technical overhead by improving memory copying instructions. 🌱 Not stopping there, Polygon plans to incorporate support for the fee-reducing upgrade EIP-4844 in its upcoming Feijoa release. 🤝 RollCall's work on RIP-7212 extends beyond Polygon, with other Layer 2 solutions like ZkSync Era and Optimism also joining the interoperability revolution. 🌐 David Silverman of Polygon Labs sees this as a pivotal moment for Ethereum's scaling strategy, with Layer 2 solutions emerging as an "innovation hub" and user-friendly onboarding point.

Got the FOMO? BOOST it! Loot the points (Sprouts) in Dollet Wallet’s Second Chapter Crypto Bloom! Catch the early birds; partake in the second chapter! Your cheat code, farmer: Dollet gives Sprouts for every swap. We recommend swapping as much as possible. Choose L2 to avoid fees. Dollet Wallet is a non-custodial wallet with integrated DeFi strategies where you can earn up to 14% on Ether in just 1 click. Under the hood, they've got integrations with Pendle and Ether.fi, plus solid audits, so everything looks great. Dollet supports more than 10 networks and offers bridge and swap functionality. The formula for growth is simple. Complete the tasks, get the Sprouts. What to do? 1. Head here - https://dolletwallet.com/cryptogarden/ 2. Attach your social networks 3. Complete tasks 4. Download the app and perform a minimum number of actions (swap/bridge/deposit into a strategy) 5. Refer your friends Enjoy the Crypto Bloom! Grow under Dollet’s sun!

‼️ Crypto Council Stands with Coinbase Against SEC: A Battle for Fair Regulation 💼 In a show of solidarity, the Crypto Council for Innovation (CCI) has come forward as a friend of the court to support Coinbase in its ongoing legal tussle with the Securities and Exchange Commission (SEC). 🛡 Coinbase's plea for clearer rules was met with a disappointing denial from the SEC back in December 2023. But it seems the exchange isn't backing down, arguing that the regulatory body's actions have been nothing short of arbitrary. 📝 An amicus brief might sound fancy, but it's essentially a way for those not directly involved in a case to lend their voice. And the CCI, with its diverse membership from across the crypto landscape, is doing just that – advocating for responsible global regulation. 📌 Ji Kim, the CCI's General Counsel, minces no words when he says that the SEC's approach is tantamount to "regulation by enforcement," which not only flouts the rulebook but also spells trouble for the burgeoning digital assets industry. 📣 Coinbase isn't just playing defense; it's gone on the offensive too. In March, it fired back at the SEC with a lawsuit demanding that the agency get its act together and provide some much-needed clarity for crypto companies. 🌍 The CCI warns that this regulatory quagmire isn't just hurting American innovation; it's also pushing businesses and investors toward more welcoming shores abroad. The U.S., once at the forefront of digital finance, risks losing its edge if it doesn't catch up soon. 🔍 It's not just about empty promises either. The CCI points out that the SEC's dismissal of Coinbase's request lacked substance, offering little more than a single sentence to justify its stance. That, according to Kim, is a far cry from what the law demands.

BeFi Labs LBP sale is Live on FjordFoundry! Curated by Bonsai, Fjord's #1 curator 👉👉👉 Official LBP Link 👈👈👈 ₿RC20 and Ordinals Trading Terminal Functional with favorite crypto wallets ⬇️ BeFi Labs Achievements ⬇️ 🔥 ApeTerminal Record Breaking IDO🔥 🔸 $1.6B+ assets connected 🔸 200,000+ IDO applicants 🔸 Legendary oversubscription 🌍 Product Live On Mainnet 🌍 🔸 Top 10 web3 wallets integrated 🔸 Unique ZERO fees model 🔸 Lightning-fast transactions 🔸 Revenue-share architecture 🤝 Industry Leading Partners 🤝 Phantom, OKX Wallet, MagicEden, Unisat, Bitget Wallet, PAAL AI, BakerySwap, Beoble, Lends, Ordiswap, Bitstable, BitcoinCats, OrdiBank and more - ensuring BeFi users get the best in class trading experience. ⬇️ The BEFI token LBP sale ⬇️ 🔸 March 18th, 13:00 UTC Pool opens 🔸 100% funds for liquidity & performance 🔸 100% TGE unlock for LBP participants 🔸 10% of the total supply in the LBP round 🔸 72 hours duration or until sold out 🔸 ERC20-USDT open participation 🧡 Anyone can join until pool sold out 🧡 👉👉👉Official LBP Link 👈👈👈 🎧 Stay Connected with BeFi Labs 🎧 🌐 Website 💬 Discord 💬 Telegram ✖ Twitter

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