Crypto Mountains

🔒 CoinSwitch Takes Legal Action Against WazirX to Reclaim $9M in Trapped Funds 💼 As WazirX grapples with the aftermath of a staggering $230 million hack, rival exchange CoinSwitch is fighting back, filing a lawsuit to retrieve over $9 million in funds held hostage. 🔄 CoinSwitch, known for its exchange aggregation services, revealed on X that it has sizeable assets locked within WazirX's platform, spanning fiat, ERC20 tokens, and various cryptocurrencies. Despite persistent efforts to find common ground, the trapped funds remain out of reach. ➡️ While the affected amount represents less than 1% of CoinSwitch's overall holdings, the exchange is tapping into its own reserves to maintain stability and ensure a 1:1 ratio for user accounts. In a statement, CoinSwitch expressed its frustration and announced the decision to pursue legal recourse. 📢 WazirX's CEO Nischal Shetty fired back on X, emphasizing their commitment to treating all users fairly and dismissing any notion of preferential treatment. 🔴 In a parallel development, WazirX's parent company Zettai has sought shelter under Singapore's Insolvency Act by filing for a moratorium in the High Court. This strategic move aims to restructure liabilities and create a solid recovery plan while temporarily shielding the company from debt collection efforts.

11 years of history, the founder’s escape, the construction of the project by enthusiasts and the true blockchain spirit. No, this is not a plot of a TV series, but the real story of DMD Diamond — a hidden gem in the world of crypto. The project survived several Bitcoin crashes, saw the collapse of Mt. Gox, Terra, FTX and other crypto giants. DMD Diamond not only managed to survive all these projects, but also to present a unique development in the field of blockchain: a network with the Honey Badger BFT cooperative consensus algorithm and full support of EVM. Completely decentralized and 100% community driven DMD Diamond pays tribute to the REAL values ​​of the blockchain, uniting enthusiasts by the idea of ​​wealth and true decentralization. Join this incredible project where every community member is valued: https://t.me/+HK9HqwxklaM3YTIy

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🌟 Kamala Harris Redefines Democratic Party, Says Billionaire Mark Cuban 🤔 Mark Cuban's Take on Kamala Harris Billionaire investor Mark Cuban has made a bold claim on social media, asserting that Kamala Harris is not just following the Democratic Party line but redefining it. According to Cuban, the party is now aligning itself with Harris's unique policies, making her a true game-changer. 💼 Pro-Business and Independent Cuban further praises Harris for her pro-business stance and independent thinking. He sees her as a refreshing departure from ideological rigidity, emphasizing that she is carving out her own path. 🎙 Harris's DNC Speech Sets the Tone Harris's recent acceptance speech at the Democratic National Convention in Chicago showcased her policy goals on various contentious issues. While she didn't touch on digital assets directly, she vowed to represent all Americans and foster unity. 📈 Harris Surges Ahead in Polls Following Joe Biden's withdrawal from the race, Harris has surged ahead of Republican nominee Donald Trump in national polls. This unexpected turn of events has only bolstered Cuban's support for the former prosecutor. 💡 A New Era for Business and Blockchain? Cuban believes that Harris might be more receptive to the blockchain sector than her predecessors. In an interview with Politico, he hinted at a potential shift in policy towards embracing emerging technologies like AI and crypto. 🔴 Crypto Policies Gain Importance As the race between Trump and Harris heats up, their respective stances on cryptocurrencies could become crucial. With Cuban's endorsement and his insights into Harris's potential openness to innovation, the crypto community is paying close attention.

🚀 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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🔒 FSB Charges Scientist with Treason: Crypto Transfers to Ukraine Raise Eyebrows ⚡️ In a shocking turn of events, Russia's FSB has leveled serious accusations against a Moscow-based scientist, alleging that he committed an act of "treason" by sending cryptocurrency to the Ukrainian Armed Forces. 💼 The scientist, who remains unnamed, was identified as an employee of a scientific organization in Moscow. According to the FSB, he had a peculiar habit of regularly transferring his personal funds and digital assets to Ukrainian military wallets. 🌐 But it doesn't stop there. The FSB claims that this researcher's involvement went beyond mere financial support. They assert that he actively participated in DDoS attacks, targeting a critical Russian structure. DDoS attacks, as you may know, overload servers and disrupt online services. ✅ As is often the case with such sensitive matters, the FSB has been tight-lipped about certain details. They have not disclosed the specific amount or type of cryptocurrency involved, nor have they revealed the names of the scientific institution or the Russian facility affected by the cyber onslaught. ‼️ The gravity of these allegations cannot be understated. The FSB has formally initiated a criminal case, invoking Russia's Criminal Code and classifying the offense as "high treason." It seems that this scientist's alleged dalliance with Ukrainian intelligence has landed him in hot water.

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🛡 Bybit Introduces P2P Shield to Combat Fraud and Restore User Confidence 🌐 In a bid to restore trust in the peer-to-peer (P2P) cryptocurrency trading arena, Bybit, the world's second-largest crypto exchange, has launched an innovative solution - the Bybit P2P Shield. 🔒 Designed to tackle fraudulent activities head-on, this new initiative is a game-changer for blockchain, especially in the realm of direct asset exchanges between users. 💰 Bybit's P2P Shield offers financial protection to those who fall victim to scams during their transactions on the platform, compensating eligible users for their losses. ⚠️ The need for such security measures was underscored by a string of fraudulent trades earlier this year, where crafty scammers exploited vulnerabilities in the system. 🌍 Initially available in select regions, Bybit has plans to roll out global coverage for its P2P Shield, ensuring a wider user base can benefit from this added layer of protection. 🔍 While this development is undoubtedly a step in the right direction, Bybit emphasizes that vigilance remains crucial. Users are urged to exercise caution and conduct due diligence when engaging in P2P trading.

🔴 AEUR Holders Beware: FlowBank Bankruptcy Sparks Loss Concerns 📉 FlowBank SA's bankruptcy has sent shockwaves through the crypto community, with AEUR stablecoin holders now facing potential financial losses. The Swiss bank's undercapitalization has put the 1:1 peg to the Euro at risk. ✅ FlowBank SA's downfall began long before its recent bankruptcy filing. FINMA's scrutiny since 2021 revealed deep-rooted issues, from inadequate reserves to poor risk management. 💼 Despite efforts to right the ship, FlowBank SA failed to meet capital requirements, leading to further enforcement actions in 2022. Now, the collateral backing AEUR is caught up in the bank's insolvency proceedings, leaving holders in a precarious position. 🔒 Anchored Coins AG, the issuer of AEUR, has been quick to address concerns but admits that if the collateral cannot be recovered, the 1:1 redeemability may be compromised. ⏸ For now, new clients and stablecoin transactions are on hold as Anchored Coins AG works to navigate this storm. The fate of AEUR hangs in the balance as bankruptcy proceedings unfold.

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🚀 Crypto's Trump Card: A Turning Point for the Industry? 🤔 Silence Speaks Volumes: Trump's Crypto Curiosity Unveiled The anticipation was palpable as Trump sat down with Elon Musk, but the crypto community was left hanging. No mention of cryptocurrency? It's a surprising omission that begs interpretation. Is it a strategic move to avoid controversy or a sign of shifting priorities? ➡️ Skepticism vs. Optimism: Decoding Trump's Promises While some cautiously hope for genuine support, others, like Moe Vela, urge us to take Trump's promises "with a grain of salt." The crypto community remains divided, unsure if this is just political rhetoric or a game-changing endorsement. 💼 CTO's Insight: A Regulatory Revolution on the Horizon? Kadan Stadlemann, Komodo's CTO, sees beyond the skepticism. He believes that Trump's pro-crypto stance could be more than mere words, potentially sparking a regulatory revolution and fueling the next bull run in the industry. 🔴 Electioneering or Evolution? Trump and Cryptocurrencies Trump's relationship with crypto has been a rollercoaster ride. From skepticism to now cautiously embracing the digital frontier, it seems he's adapting to capture the attention of younger, tech-savvy voters. Is this a genuine evolution or just another campaign strategy?

⛳️ 🏌️‍♂️$GOLF | $SOL-meme token with great potential and formed liquidity Entry: $0.00064 TP: 0.01$ Potential: x14 from current price Recently listed on MEXC and then the price growth 112% and now moving in uptrend. Now I see a formed support level where I plan to buy and gain a position in the long term ☘️ 🤔 What I expect from $GOLF in the near future: > New listings on CEX & DEX and growth mCap and trading volume > Collaborations with tier1 celebrity's like in the case of $WATER ⚡️Trade $GOLF on MEXC Read news at X | Telegram

🚫 Kazakhstan Officials Bust $75.4M in Illegal Crypto Deals 💥 Crypto Crimes Blocked Kazakhstan's financial watchdog, the AFM, proudly announced on Telegram that they've foiled 18 illegal crypto transactions and mining schemes, putting a stop to a whopping $75.4 million in shady deals. ➡️ Sentences Served In a stern crackdown, Kazakh courts have handed down six convictions for "illegal buying and selling" of digital assets, leading to the seizure of assets worth $2.51 million and jail terms of up to three and a half years for four offenders. 🔒 Exchange Exposed One Russian national felt the heat as he was sentenced to two years behind bars for running an illicit crypto exchange on Kazakh soil. The AFM confiscated his ill-gotten gains totaling over $121,600 and froze an additional $12.1 million in criminal proceeds. 🟢 Mining Monitored Not just exchanges, but even crypto miners face strict regulations in Kazakhstan. To connect to the grid, they must navigate licensing hurdles set by the AFM, which warns of rising cybercrime fueled by "digital technologies" and vows to stay one step ahead with its specialized units. 💰 Funds Fiasco The AFM isn't just after crypto crooks; it's also keeping an eye on the public purse. Three cases of "state funds theft" have been uncovered, involving money meant for digital infrastructure and complaint digitization.

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➡️ Ethereum Block Builders Navigate Tornado Cash Sanctions: Fed's Eye-Opener 🔒 In a fresh twist, the Federal Reserve Bank of New York's latest report reveals that Ethereum block builders are heeding the call of sanctions against Tornado Cash, the crypto mixer. ✅ The Fed's findings underscore how validators closer to the transaction source are more likely to play by the rules, especially after an August 2023 court ruling backed up the U.S. Treasury's Office of Foreign Assets Control (OFAC). 🌐 Yet, validators further down the line show less compliance, particularly if they're non-U.S. folks operating outside American borders. 🤝 "The ruling seems to have nudged some big builders towards cooperation, emphasizing that regulatory clarity is a key factor," says the report. ✔️ This tug-of-war between privacy and regulation in crypto is far from over, with mixers like Tornado Cash serving both legitimate privacy needs and attracting illicit attention. 💰 Remember, OFAC slapped sanctions on Tornado Cash in August 2022 over allegations of laundering billions, including funds tied to North Korea. And just last October, they doubled down on their stance. 🔍 Crypto mixers cloak transaction origins and destinations, making them a double-edged sword for privacy buffs and law enforcement alike.

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🚨 FBI Sounds Alarm on Crypto Exchange Scammers: Protect Your Digital Assets! 📞 The FBI is waving a red flag, warning about a surge in crypto scam artists posing as legitimate exchanges. These fraudsters are on the prowl, targeting unsuspecting victims through unsolicited calls or messages. 🔒 Once they've made contact, the con artist spins a tale of impending doom, claiming the victim's account is under threat. To add insult to injury, they demand log-in details, ask for ID information, or coax the victim into clicking suspicious links. 💰 Armed with this data, the crypto fraudster swiftly drains the victim's account, leaving them high and dry. But fear not! The FBI has some sage advice to ward off these digital bandits. ☎️ First and foremost, if you get such a call, hang up! Then dial the official number of your crypto exchange to verify any account issues. Remember, never trust the digits provided by the scammer. 🌐 Crypto scams have become a national menace, with a whopping 80% of victims losing money in 2023 alone, according to the Better Business Bureau. It's no wonder that the FBI is keeping an eye on North Korea's notorious Lazarus Group. 💻 This state-sponsored hacking collective has made off with billions in stolen digital assets. From the $60 million Alphapo heist to the $100 million Atomic Wallet plundering, their exploits are nothing short of audacious. 🔍 While this latest FBI alert doesn't name-drop any specific culprits, one can't help but wonder if Lazarus Group might be pulling strings behind these new crypto schemes too. Stay vigilant and report any suspicious activity! 📞 If you've fallen prey to a crypto scam, don't hesitate – reach out to the FBI's International Crime Complaint Center and help put these scammers behind bars. Remember, in the world of crypto, safety first!