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🚨Crypto Crime Alert🚨: $7B laundered through DEXs, bridges & coin swaps! 😱 - Elliptic's State of Cross-chain Crime report reveals a surge in illicit crypto activities - North Korean hacking group Lazarus among major players - Complex cross-chain methods like derivatives trading & limit orders used to hide tracks 💡What do you think about this alarming trend? Share your thoughts in the comments!👇 #CryptoCrime #Web3 #DeFi

🚨Crypto Crime Alert🚨: $7B laundered through DEXs, bridges & coin swaps! 😱

- Elliptic's State of Cross-chain Crime report reveals a surge in illicit crypto activities

- North Korean hacking group Lazarus among major players

- Complex cross-chain methods like derivatives trading & limit orders used to hide tracks

💡What do you think about this alarming trend? Share your thoughts in the comments!👇 #CryptoCrime #Web3 #DeFi

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🎉🔔 U.S. House of Representatives passes the FIT21 Act, a major step for #crypto regulation! This bill aims to clarify how digital assets should be classified, registered, and held. 👏 The bill received almost unanimous support from Republicans and 71 votes from Democrats, with a final tally of 279 to 136. 💼 FIT21 includes an interim oversight process for digital asset firms, allowing them to file a 'notice of intent to register' with federal regulators. It also clarifies which digital assets should be regulated by the SEC or the CFTC. 🤔 However, not everyone's on board. Some Democrats and SEC chairman Gary Gensler believe the bill favors wealthy crypto firms and hurts ordinary investors. 🇺🇸 Despite opposition, a significant number of Democrats supported the bill, urging their party to keep pace with rivals on crypto regulation. What are your thoughts on the FIT21 Act? Let's chat below! 👇 #DeFi #Web3
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🚀Uniswap Labs, the team behind the popular DeFi exchange, is ready to fight back against the SEC's Wells Notice, calling the legal basis "weak".💪 • Uniswap's native token UNI is on a roll, up 2% in the last 24 hours and a whopping 37% over the week. • The SEC's assumption that all tokens are securities is flawed, argues Uniswap Labs' Chief Legal Officer, Marvin Ammori. He insists tokens are a value format, not securities by default. • Uniswap is ready to battle any charges, with a legal team that's represented successful cases like Grayscale and Ripple. • A case against Uniswap could drive US crypto investors to foreign trading protocols and stifle innovation, warns the Uniswap team. • The SEC's case could become irrelevant if the Financial Innovation and Technology for the 21st Century Act is passed. What do you think about Uniswap's stance? Will this impact the DeFi market? Let's chat in the comments!👇 #DeFi #Uniswap #SEC
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🚀 Bitcoin's soaring past $71K, thanks to a whopping $1.2B inflow into ETFs. 📈 - Short-term investors are back in the green, reducing the risk of a sentiment shift. - CryptoQuant predicts a consolidation phase between $60K-$70K, but the market's already buzzing with the possibility of a new rally. - The approval speculation of spot Ether ETF is fueling the market, pushing the cap above $2.55T. ⚖️ Bitcoin's make-or-break zone? $70,180-$70,600. If it powers through, we're looking at a potential rally. If not, we might see a temporary cap. What's your prediction? Let's talk Bitcoin! 💬 #BitcoinRally #CryptoNews
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🚀 Trump's campaign is now crypto-friendly! 🎉 For the first time, a major party presidential nominee is accepting cryptocurrency donations. This move aligns with Trump's broader agenda of valuing freedom over government control. 💰 Supporters can donate using any cryptocurrency accepted through Coinbase Commerce, adhering to Federal Election Commission regulations. 🔥 In response to Senator Elizabeth Warren's "anti-crypto army", the Trump campaign is rallying its "crypto army" to march towards victory on November 5th. 🎖️ Trump, self-proclaimed "crypto's candidate", has been pushing digital currencies into the 2024 campaign spotlight. 📈 Following the announcement, the TRUMP token's price increased by 14%. Top on-chain TRUMP sellers have been raking in profits, with over 1,600% in unrealized gains. 🗣️ What do you think about this move? Will it revolutionize campaign financing? Let's discuss below! #CryptoCampaign #Trump2024
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📈💡 #XRP's been playing the sideways game for a while now, folks! We've seen a tiny price hike, but it's still dancing within that $0.47-$0.55 range. 🔍 Key points: - Bullish momentum nudged the price towards the upper boundary. - But, a big resistance zone is putting up a fight. - If buyers break through, we might see a sustained bullish trend. 🚀 On the flip side, we've got a bearish rejection looming. 🐻 A decline could send us spiraling towards the lower boundary. In short, XRP's got a tough road ahead. Will we see a breakout or more consolidation? 🤔 Share your thoughts below! #DeFi #CryptoNews Original article: CryptoPotato.
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