Crypto Miami

⚡️ South Korea Implements Reporting Requirements for International Stablecoin Transactions 🗓 Starting in the second half of 2025, the South Korean government will establish a monitoring system for virtual asset transactions to ensure their integrity. This decision comes in response to a rise in illegal foreign exchange activities involving digital assets, such as corporate tax evasion and money laundering related to drugs and gambling. 📈 Deputy Prime Minister and Finance Minister Choi Sang-mok emphasized the need for mandatory reporting of cross-border stablecoin transactions during a recent G20 Finance Ministers’ Meeting. He acknowledged the regulatory challenges posed by the lack of a comprehensive law on virtual assets, stating,

since a basic law on virtual assets has not yet been established, it is unclear whether stablecoins traded across borders should be viewed as a means of payment or as capital transactions.

🔄 However, Choi also noted the growing number of suspicious cases involving tax evasion and money laundering. He announced plans to amend the Foreign Exchange Transactions Act to create a regulatory framework for these issues. This move is prompted by the strong connection between foreign exchange crimes and cryptocurrencies, as highlighted by reports from the customs agency indicating that 81.3% of foreign exchange crimes in South Korea since 2020 involved virtual assets. 🌍 In 2024, South Korea is positioned as one of the top three destinations for crypto businesses. The requirement for crypto companies to register with the Financial Services Commission (FSC) ensures regulatory oversight. Additionally, the Virtual Asset User Protection Act has led to the closure of several virtual asset exchanges this year, allowing customers to recover $12.8 million in stranded investments.

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November’s your final fire, light it up before SEED listing's out of sight! 🔥 Hey Seedizens, the clock’s ticking, and this is your last big move! If you've been holding back, now’s the time to jump in before it’s game over!

🔥 SEED burning has returned! Stay away too long, and your SEED will go up in smoke. 🪙 Your wallet will be linked to one Telegram account only, ensuring fairness for the upcoming airdrop. With a single connected wallet, you’ll have the chance to mint NFTs! Make sure you connect your frequently-used wallet! Need help? Check out the GUIDE here! 🥰 Big events with big partners are on the horizon, and all the listing details will be revealed soon!

No time to waste — November is the make-or-break moment. Get active, dominate tasks, and secure your SEED before the big listing hits. COME BACK SEED HOME 🏡

💰 VanEck Launches Staking for Solana ETP in Europe 🌍 VanEck, an asset management company, announced on October 21 the successful implementation of staking for its Solana exchange-traded note (ETN) in the European market. With an asset management scale (AUM) of $73 million, the staking rewards will be automatically integrated into the ETN’s token equity and reflected in its daily terminal value. 🔗 The staking feature operates on Solana’s Delegated-Proof-of-Stake (DPoS) mechanism, where validators secure the network. Rewards will be automatically added to the product’s daily net asset value (NAV), allowing investors to benefit without managing the process themselves. Sigel emphasized that VanEck will oversee the Solana ETP’s staking exposure to ensure daily liquidity. 🔄 Validators will handle transactions and earn rewards based on the Solana (SOL) delegated to them by delegators, who in return receive passive rewards for supporting the network’s security. VanEck’s non-custodial approach ensures that assets remain under the custodian's control with no lending risks involved. Investors do not need to take action; rewards will be automatically accounted for in their ETP coin entitlement. 📈 Importantly, staking rewards will be distributed equally among all investors, regardless of their purchase timing. These rewards are added daily to the product’s NAV, reflecting any gains from staking activities. However, VanEck will deduct a 25% staking fee before distributing rewards, which will be incorporated into VSOL’s end-of-day NAV by 4 p.m. CET. Currently, this staking feature is available only to European users. 🔄 Despite the introduction of the staking process, the ETP remains fully redeemable, allowing investors to buy and sell it daily like any other exchange-traded product. 📊 VanEck’s Solana ETN VSOL, launched in September 2021 and trading on Deutsche Börse, is fully collateralized and securely stored with a regulated crypto custodian. As of October 18, 2024, it had a total AUM of $73.8 million and a share price of €8.229 ($8.93). 🌐 Recognized as a leading digital asset manager globally, VanEck also offers exchange-traded funds (ETFs) linked to Bitcoin and Ethereum in the U.S.. The company is working on launching a similar product for Solana and was the first to submit a Solana ETF application to the SEC. However, the SEC has yet to decide on this application, and experts believe that Solana ETF approval may not happen until there is a change in government.

🌐 Worldcoin Rebrands to World Network: Expanding Identity Verification Beyond Iris Scanning 🔄 Worldcoin, co-invented by OpenAI CEO Sam Altman, has announced its rebranding to World Network as it seeks to broaden its vision for global identity verification. This shift comes alongside the introduction of new initiatives aimed at enhancing its services. 📱 At a recent event in San Francisco, the company showcased an upgraded version of its orb iris-scanning device. The new Orb boasts 5G connectivity and offers nearly five times the AI performance of its predecessor, utilizing the latest NVIDIA Jetson chipset. Its design has been streamlined to reduce complexity by 30% and now includes a removable external SD card for easier inspection, addressing concerns over data transparency. ⚡️ In addition to the Orb, World Network is exploring non-biometric options for identity verification. One such method allows users to scan their NFC-enabled passports to verify their age, nationality, and passport ownership without disclosing their full identity. This approach aims to cater to those who are wary of biometric data collection. ➡️ To combat the rising threat of deepfakes and digital impersonation, World Network is integrating its identity verification system into popular communication platforms like FaceTime, WhatsApp, and Zoom. The project is also enhancing its mobile app to support “mini apps” from various third-party developers, which is expected to enrich the app's functionality and user experience. 🌍 Furthermore, the highly anticipated World Chain mainnet has officially launched. World Network describes it as the “first blockchain designed specifically to prioritize human activity and transactions.” 🔄 In a strategic shift, the project is moving its focus from Europe to Asia. Fabian Bodensteiner, managing director of the project’s European subsidiary, noted that the company is now targeting markets where local companies and governments are more receptive to new technologies.

🔥 Shiba Inu’s BONE, EIGEN, TURBO Tokens Secure Major Listings 📈 OKX adds Shiba Inu's BONE, EIGEN, and TURBO with USDC and plans to delist several other tokens on October 24, 2024. 👉 Read more

🔒 Binance and Indian Police Bust $100K Renewable Energy Scam, Protecting Investors ➡️ In a major victory against fraud, Binance and the Delhi Police have joined forces to dismantle a massive renewable energy scam in India. The criminals behind this elaborate ruse, operating under the name M/s Goldcoat Solar, duped innocent investors by posing as champions of India's green energy revolution. 💎 The scamsters cleverly exploited India's ambitious target of reaching 450 gigawatts of solar power by 2030. They circulated fake reports showcasing impressive returns, luring in new victims and convincing them to part with their hard-earned money. To cover their tracks, they even registered SIM cards under unsuspecting individuals' names and shipped some overseas. 📱 With a polished digital presence and impersonations of government officials on social media, the fraudsters created an illusion of legitimacy. Once the funds were collected, they funneled them through multiple bank accounts and converted some into cryptocurrency, making it difficult for authorities to trace. 🔍 Binance stepped up its game by providing advanced analytical tools to the Delhi Police. This collaboration was instrumental in unraveling the complex financial web spun by the scammers. It also highlights Binance's commitment to compliance as it re-enters the Indian market as a registered entity. 💡 This case shines a light on a troubling trend: an increase in cryptocurrency-related scams in India. As digital currencies gain popularity and the government promotes renewable energy, criminals are finding new avenues for exploitation. Vigilance is crucial as India ranks fifth globally for such complaints, with losses amounting to billions.

🚨 CEX.IO Power Tap Update 🚨 Tap-to-earn game CEX.IO Power Tap, is gaining serious momentum! The team has been teasing some big news for a while now: the Airdrop is planned for the end of 2024, and it’s set to be absolutely mind-blowing 💥 Unlike typical projects, PowerTap isn’t about wild token dumps or shallow hype. This is something built to last, with real value behind it 💪 🔥 Don’t sleep on this one — this is the chance to jump on board early. Big things are coming!

📱 The War for Bitcoin Has Begun 🔒 Miner Wars is dropping and the battlefield is waiting! This is your chance to dive into GoMining’s latest Bitcoin mining game, where the stakes are high and the rewards are even higher! 💰 With Miner Wars, you can battle it out alone, join a Clan, or create your own and enjoy even more rewards. Doesn't matter if you’re a newbie or a mining pro, Miner Wars has something for everyone. You can buy any Digital Miner or get a free 16 TH Bonus miner to test out the game. 🌐 Starter League: Perfect for newcomers! The free 16 TH Bonus miner will help you get a feel for the game. You can join clans and compete to earn fantastic BTC rewards. As you improve your skills, you’ll unlock even more rewards. To cash in your BTC rewards, simply purchase any Digital Miner and progress to the Pro League. It’s the best way to learn and grow. 💎 Pro League: If you’re an experienced miner, this league is for you. Once you purchase a miner, you’ll automatically enter the Pro League. If you hold 100 TH of mining power, you can create your own Clan and get more perks from your clan's wins. This is where the real action happens! 🚀 Level up your score: Unlock powerful boosts and magical spells to enhance your gameplay. These tools will help you climb the ranks and dominate the competition. Team up with friends or challenge rivals. Fight for Bitcoin rewards and lead your Clan to the top of the leaderboard. ➡️ With multipliers up to x256 and discounted upgrades, the battlefield is yours to conquer. Ready to mine, battle, and earn? The war for Bitcoin is here, check out Miner Wars here and start winning Bitcoin! Use code MIAMI5 for 5% off

🔒 NFT Artist DeeKay's Life Savings Vanish in Cyberattack Mid-Flight ➡️ Crypto Nightmare at 30,000 Feet! In a shocking turn of events, NFT artist DeeKay found himself hacked during a long-haul flight from Korea to New York, leaving him stranded without internet access. 💰 NFTs Survive as Life Savings Disappear While his traditional crypto holdings were wiped out, the artist was puzzled to find his beloved NFT collection unscathed. A silver lining amidst the chaos! 📱 Digital Dilemma: Seed Phrase Stored in the Cloud DeeKay revealed that his seed phrase, hidden within a photo on Google Drive, fell victim to an unknown breach. The culprit? Still a mystery. 🌐 Public WiFi or Physical Leak? Theories Abound Could it have been a sketchy public WiFi connection or even a compromised physical copy of the seed phrase? DeeKay is scratching his head, searching for answers. 💼 Family's Financial Future Hangs in the Balance With his loved ones depending on him, DeeKay expressed deep concern over the devastating financial blow this cyberattack has dealt. It's an uphill battle from here. 🛡 Securing What's Left: NFT Exodus Begins Taking no chances, DeeKay is swiftly moving his remaining NFT treasures to a more secure digital vault. Safety first in this wild world of digital art and finance! ➡️ Crypto Whales Under Siege: $32M Phishing Plunder In an eerily similar incident, another crypto whale recently lost a staggering $32 million to a cunning phishing scam. The crypto seas are treacherous indeed! 🚨 ScamSniffer Sounds the Alarm on Inferno Drainer Blockchain security firm ScamSniffer raised the red flag on the notorious scam tool Inferno Drainer, which was behind the latest high-profile attack. Stay vigilant out there, folks!

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🚀 Tradias Takes Off as Licensed Securities Trading Bank, Eyeing European Expansion in 2025 🏦 Tradias, the digital asset arm of Bankhaus Scheich and a prominent crypto provider based in Frankfurt, has just achieved a major milestone. 🎉 Germany's Federal Financial Supervisory Authority (BaFin) has granted Tradias its very own securities trading bank license. 🌐 Until now, Tradias had been operating under the umbrella of Bankhaus Scheich's BaFin license, serving as its over-the-counter trading platform for cryptocurrencies and security tokens. But with this new license, Tradias can now spread its wings as an independent securities trading bank. 💰 Fresh capital is also flowing into Tradias' coffers. The company recently wrapped up a successful Series A funding round, although the specifics remain undisclosed. However, Bloomberg reports that family offices have jumped on board, enabling Tradias to expand its workforce from 90 to 100 employees by year-end. 📈 Looking ahead to 2025, Tradias has set its sights on European expansion and bolstering its range of offerings. This vision comes with a newfound sense of confidence, as the hurdle of relying on Bankhaus Scheich's licenses has been cleared. 💎 Tradias isn't just any player in the digital asset space; it's already rubbing shoulders with big names. As the crypto partner for neobroker Trade Republic, Dwpbank, and T-Systems, Tradias is making waves in Germany's financial landscape. Even German states like Hesse are entrusting their crypto holdings to this trusted institution.

🚀 PhygitalMining's Inaugural Drop: The Future of Fashion is Here! First ever token-generating fashion !!! Mark your calendars, trendsetters and tech enthusiasts! 🗓 🗓 Date: October 8th ⏲️ Time: 10 AM New York Time 🎉 Event: First-ever PhygitalMining Collection Launch What's dropping: 📦 1000 Exclusive Phygital Wallets 🔗 Each a gateway to the fashion-tech revolution Why it's game-changing: ✨ NFC-enabled physical wallet 🌐 Linked to a unique digital asset 💎 Charged with 105 Fiji tokens 🔄 Digital Twin NFT 🚀 10% Booster NFT Be among the first to own a piece of fashion history. These aren't just wallets – they're your ticket to the future of style, technology, and digital assets. ⏰ Set your alarms – these 1000 pieces won't last long! Mint will start in 24 hours 👉 https://mint.phygitalmining.com/ ✉️ Join telegram group 🐣 Follow on X 🕸 Phygitalmining.com

🟥 Len Sassaman: The Enigmatic Satoshi Nakamoto? Polymarket Bets on It! 📊 51% of Polymarket bettors are placing their chips on the late American technologist Len Sassaman as the elusive creator of Bitcoin, Satoshi Nakamoto. With HBO's documentary "Money Electric: The Bitcoin Mystery" set to premiere on October 8, the anticipation is palpable. 🔍 Sassaman, a respected figure in the cypherpunk community, left behind a trail of cryptographic works that have fueled speculation about his involvement in Bitcoin's genesis. But he's not alone in this race. 🏆 Other contenders include early Bitcoin adopter Hal Finney, computer scientist Nick Szabo, and even the enigmatic programmer and cartel boss Paul Le Roux. It's a crowded field, but Sassaman is currently leading the pack with 42% of the votes. 💫 As we eagerly await the documentary's release, it promises to shed light on the identity of Satoshi Nakamoto—a person (or group) who could potentially be sitting on a digital fortune worth an estimated $66 billion. ⌛️ While Australian entrepreneur Craig Wright continues to assert his claim, a British High Court judge has already cast doubt on his self-proclaimed title. The mystery deepens, and the crypto world holds its breath for October 8.

🚨 @waterfall_network Sets New TPS Record on Mainnet!🚨 On September 27, 2024, we hit a groundbreaking milestone by reaching 12,778 TPS on the mainnet, surpassing our previous testnet record of 11,667 TPS! 🚀 In just 3 tests, we generated over 1,000,000 transactions and measured how quickly they were added to blocks and fully confirmed on the network. Today's mainnet result of 12,777 TPS (https://docs.waterfall.network/tests/mainnet-test21/ ) is more than 1,000 TPS higher than our peak testnet performance (https://docs.waterfall.network/tests/testnet8-test18/), bringing us closer to the 13,000 TPS mark! 🌟 Key factors behind this achievement: The network operated with a 6-second slot duration. Supported by 7,766 validators, nearly 4 times higher than during the testnet phase, ensuring efficient and reliable transaction processing. Waterfall Network continues to push the boundaries of speed and scalability, joining the ranks of networks that outperform their testnet benchmarks on the mainnet! 🌊🔥 Find more tests by following the links: Test 1: https://docs.waterfall.network/tests/mainnet-test19/ Test 2: https://docs.waterfall.network/tests/mainnet-test20/ Don’t miss out– check $WATER: https://www.gate.io/uk/trade/WATER_USDT 🌊✨ Follow @waterfall_network on social media: Discord: https://discord.gg/Nwb8aR2XvR  Twitter: https://twitter.com/waterfall_dag   Telegram: https://t.me/waterfall_network Website: https://waterfall.network

🔥 $DOGIZ presale is LIVE and has already raised over $100K! 🔥 🚀 Dogizen is making waves as the first-ever in-Telegram ICO, allowing you to invest without leaving the app! With a viral game boasting 1M+ active users, we’re leading the next generation of Telegram gaming. 💥 The TON ecosystem is exploding, and Dogizen is right at the heart of it. Think about Catizen, Hamster Kombat – they paved the way, but we’re taking it further. 🎮 Game MVP live & growing FAST – 100+ games and developer SDKs coming soon. Want to be part of the gaming revolution? The time to join is NOW! ⚡️Don’t miss out on the next big thing in gaming! 🚀 Get in on $DOGIZ now: https://bit.ly/4gUujUG 🐶 Join their TG: https://t.me/dogizen_official_presale

🤑 NEW SEASON LOCK IN 🤑 Warriors, the battlefield is calling! Season 3 has officially started, and fresh challenges await. 😮 Season 2 Reward 🏆 will be distributed after a while with a Mystic Key. With the start of a new Season, your rank put back a bit to maintain competitive balance. Now is your chance to climb higher, earn new rewards, and prove your dominance once again! ⚔️ 👉 @Ton_kombat_bot ✉️ Chat | 🐣 Twitter | 📹 Youtube

🚀 Ripple and Mercado Bitcoin Join Forces for Faster Cross-Border Payments in Brazil 🌐 Ripple, the global blockchain payments firm, has made a strategic move in Brazil by teaming up with Mercado Bitcoin. This collaboration aims to revolutionize cross-border transactions using the power of blockchain technology. 💱 Initially, Mercado Bitcoin will employ Ripple's cutting-edge payment platform for its internal treasury operations between Brazil and Portugal. This trial run will help gauge the system's efficiency before expanding its usage to cater to a wider audience. 🏦 With plans to eventually offer Ripple's solution to corporate and retail clients, this partnership could be a game-changer for businesses seeking faster and more cost-effective options for their international transfers. 🌎 Latin America, especially Brazil, has become a focal point for Ripple's regional growth strategy. Since establishing its first office in Brazil in 2019, Ripple has been actively working on bolstering the digital payments infrastructure in the region. 🟢 Jordan Abud, Head of Banking at Mercado Bitcoin, expressed excitement about simplifying cross-border operations and reducing costs through this collaboration with Ripple. The goal is to provide customers with a comprehensive platform that meets their evolving needs. 🔒 While the product is currently limited to institutional operations between Mercado Bitcoin and its Portuguese branch, this partnership holds great promise for individuals and businesses eagerly awaiting easier and more efficient cross-border payments in Brazil.

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