United States Securities and Exchange Commission v. #Binance , Binance.US, and Changpeng Zhao, a motion to dismiss (SEC).
In a 60-page petition filed on September 21st, their legal team argues that the SEC's lawsuit against them is outside of the SEC's authority as a regulator.
The defendants claim the SEC improperly imposed its authority by taking legal action against the cryptocurrency industry without first issuing clear guidelines for the industry.
The SEC has filed a lawsuit against Binance, Zhao, and Binance.US, alleging that they have offered unregistered securities to U.S. investors in the form of various cryptocurrencies.
Binance's availability has become contentious because of this lawsuit.
Money from American clients.
Binance asserts The SEC now includes more types of agreements as "investment contracts."
The motion to dismiss argues, among other things, that the SEC's definition of "investment contract" has been broadened to include various crypto assets and transactions.
The legal team representing Binance and Zhao argues that the SEC's application of securities laws to cryptocurrencies is flawed.
The motion emphasises that the SEC is suing Binance and its affiliates for selling cryptocurrency assets as early as July 2017 when there was little to no oversight from regulators.
According to the petition, the SEC's lawsuit has weak legal footing under current securities laws.
The SEC's Cryptocurrency Regulations Go Too Far
To establish a comprehensive framework for cryptocurrencies and their trading platforms, Binance and Zhao claim that Congress has considered numerous proposals since 2019.
None of these alternatives would give the SEC monopoly power over cryptocurrency regulation.
Therefore, they claim the SEC is going too far in its efforts to regulate the cryptocurrency industry.
Binance.US, also known as BAM Trading Services Inc. legally, filed a separate 56-page motion to dismiss the charges against it on the same day.
Following a similar lawsuit filed by the Commodity Futures Trading Commission (CFTC), in which Binance was accused of operating illegally in the United States and failing to register with the CFTC, the SEC has taken legal action against Binance and its affiliates.
Trading activity on Binance.US has been severely impacted by the ongoing regulatory actions against Binance, including the SEC lawsuit. Since September 2022, the platform's daily trading volumes have dropped by over 98%. The company's president and CEO, Brian Shroder, also left, and the remaining 30% of the workforce was laid off.

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2. YOM
3.TAL
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#Binance #bitcoin #ETH #opbnb #BinanceTournament

Binance, aşağıdaki zaman çizelgesine göre belirli spot alım satım çiftlerini ekleyecek ve listeden kaldıracaktır.
Zaman çizelgesi:22/09/2023 günü saat 11.00'de (TSİ), Binance ARK/USDT, CREAM/USDT, FTT/USDT, GFT/USDT, IQ/USDT ve USDT/VAI spot işlem çiftlerini alım satıma açacaktır.
29/09/2023 günü saat 06.00'da (TSİ), Binance ARK/BUSD, CREAM/BUSD, FTT/BUSD, GFT/BUSD, IQ/BUSD ve BUSD/VAI spot işlem çiftlerini kaldıracak ve bu çiftlerde alım satımı durduracaktır. 
#ETH #crypto2023 #BTC #Binance #pepe

So, Binance just used almost 500 ETH as gas in the last 3 hours, making up 18% of total gas used in that timeframe:I'm just a little bit confused right now. What are they doing that needs that much gas? :DLooking at the analasys page of etherscan, that happened already various times in the past as well.Are they triggering some special gas heavy contracts?Or an intern fatfingering when defining how much gas to use on some transactions?I mean, I can't complain about them helping ETH stay deflationary...I just want to understand what costs them so much in such a short time?Fee spike to over 300Gwei:Source: 27 Gwei | Ethereum Gas Tracker | Etherscan​Edit: Numbers are rising again, now over 529ETHEdit 2: Looks like a s*it ton of small transactions related to that wallet. Horribly inefficient script at work?Source 2: https://x.com/GoldmineAlpha/status/1704808728191762439?s=20#Johnmiracleweb3 #Binance

The Challenges That Await #pepe Although the upward momentum looks promising, PEPE's recovery continues to be constrained within a falling channel pattern that has been ongoing for the past two months. In order to gain more confidence in the revival, buyers need to violate the upper trend line of this channel. Such a breakout has the potential to push meme money past the coveted $0.000001 threshold.The meme-inspired cryptocurrency Pepe Coin recently faced a setback as it failed to maintain support at $0.00000078, raising doubts about its short-term rally prospects. The inability of sellers to keep track of their downward pressure indicates some fluctuation in their convictions. The key question now is whether the uncertainty will pave the way for buyers to regain the higher ground this month.Price analysts suggest that if the daily candle manages to rise above the critical level of 0.00000078, the recent collapse could be considered a “bear trap” that could offer a glimmer of hope for PEPE enthusiasts.A bear trap is a situation in trading where the price of an asset enters a downward (bearish) trend, but instead reverses and moves upward. It ”traps" or tricks traders who are waiting for further price drops to sell their positions just to see the price increase.A separate report reveals alarming statistics about the health of the PEPE network. The latest data from Centiment reveals an 83% drop in active addresses associated with Pepe (PEPE) in the last quarter. In addition, both the transaction volume and the number of transactions have experienced a significant decline.Despite the recent price increase and the bullish feeling, PEPE faces challenges ahead, primarily due to the persistent downward trend in the falling channel pattern. The inability to get rid of this model may cause the breast medallion to continue its downward trajectory.User Exodus Creates Problems for Pepe CoinThe history of Centiment, mentioned in the report, paints a gloomy picture for PEPE as the network grapples with a sharp decline in active users. This alarming 83% drop in active addresses highlights the declining interest in cryptocurrency and possibly undermines its long-term viability. In addition, the decrease in the transaction volume and the number of transactions further increases the network's troubles.Polygon (MATIC) Falls Below the Critical Level - Will Sellers Come Out?Pepe's recent struggle to keep support at the $0.00000078 level raises questions about his near-term prospects. While there is hope of a recovery, the coin remains trapped in a falling channel pattern. The critical breaking point lies ahead, and the crypto community is eagerly watching to see if buyers can regain the higher ground. At the same time, the migration of active users and October's declining transaction metrics pose additional challenges for pepe's future and highlight the need for a sustainable and robust recovery strategy. #crypto2023 #Binance #ETH

Renowned author Robert Kiyosaki, widely recognized for his best-selling work "Rich Dad Poor Dad," has issued a new advisory. In a recent social media post, he emphasized the significance of acquiring assets like gold, silver and Bitcoin without dwelling on future price speculations.

Kiyosaki's tweet conveyed his perspective that pondering the future values of gold, silver or Bitcoin is less important than acquiring these assets today. His message was clear, highlighting the imprudence of focusing on the future prices of these assets, instead emphasizing the importance of securing them now. He believes that these assets are currently attractively priced, but that this may change in the near future, particularly in light of America's precarious financial outlook.

Previously, Kiyosaki demonstrated a growing interest in Bitcoin, anticipating a significant uptrend in its value. He foresees Bitcoin potentially reaching $120,000 by next year, followed by a more striking projection of $500,000 per BTC by 2025. These forecasts align with his concerns regarding the extensive money printing by the U.S. Federal Reserve, sparking apprehensions about inflation and the long-term stability of conventional currencies like USD.

Kiyosaki's advisory serves as a call to action, prompting individuals to listen to his financial sense and proactively secure assets like gold, silver and BTC. Investors are certainly keeping a close eye on the writer's predictions, given his track record of offering unconventional insights that have piqued substantial interest.

*Disclaimer:

This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

#BTC #bitcoin #Binance $BTC $BNB

Avalanche (AVAX) is a cryptocurrency and blockchain project with a scalable structure that works faster and cheaper in the cryptocurrency world. The project, whose founders include Emin Gün Sirer, was launched in September 2020, reached a significant size in a short time and gained many users.
Avalanche Project
Avalanche is a Layer-1 blockchain that began development in 2020 and was launched in September 2020. With its transaction speed and technological infrastructure, Avalanche has spread rapidly in the cryptocurrency world and reached a significant market capitalization. The Avalanche project has received investments from many investment companies such as a16z, Polychain and Galaxy Digital.
With its multi-chain structure, the Avalanche project can have multiple blockchains built for different purposes. Subnets with specialized structures for projects are the most important scaling solution of the Avalanche ecosystem.
The Avalanche blockchain, with its EVM-powered chain structure, has become a preferred blockchain by many developers shortly after its launch. Low network transaction fees and the use of similar infrastructure to Ethereum have enabled many applications to be easily integrated into the blockchain. In this sense, Avalanche offers an easy and easy-to-use ecosystem for both users and developers. Avalanche has a favorable structure in many innovative areas such as DeFi, NFT, Metaverse.
Who are the Founders of Avalanche (AVAX)?
The Avalanche project is a Layer-1 blockchain project developed by Ava Labs in 2020. The foundations of the project, which managed to raise funds from many investment companies during the development phase, date back to 2018. The Avalanche Consensus Model, the innovative structure of the Avalanche project, was developed in 2018 by a team called Team Rocket.
After the article published in 2018, Emin Gün Sirer, Kevin Sekniqi, Maofan Yin, Robbert van Renesse published articles explaining the basics of the Avalanche blockchain and the project started to be developed.
The Avalanche project is a blockchain developed by US-based Ava Labs. The team at Ava Labs includes important people in both the blockchain and cryptocurrency worlds. Emin Gün Sirer is CEO, Kevin Sekniqi is COO, Chris Lavery is CFO and Devon Ferreira is CMO at Ava Labs.
Emin Gün Sirer is a computer scientist of Turkish origin. After attending high school at Robet College in Turkey, he was awarded a scholarship to Princeton University in the US and later became an associate professor and then a professor at Cornell University.
How Does Avalanche Work?
The Avalanche blockchain has a customizable structure for many different projects with its multi-chain structure. The Avalanche blockchain basically has 3 different chain structures and 1 specialized scaling solution.
are the Advantages of Avalanche?
Avalanche has significant advantages over other blockchain projects. Some of the important advantages of the Avalanche blockchain are as follows:
Fast and cheap transaction processing
Easy application development with EVM compatibility
Customizable subnets
What are the Disadvantages of Avalanche?
Although the Avalanche blockchain has highly competitive advantages, it also has some disadvantages. These disadvantages are as follows:
Structure prone to partial centralization
Avalanche Ecosystem
The Avalanche ecosystem, like other EVM-supported ecosystems, allows many developers to create applications easily and simply. The presence of many platforms such as lending and Dex within the Avalanche ecosystem increases the mobility on the network. It is very easy to transfer assets on the Avalanche network with bridges established with other blockchains.
Avalanche also has a structure that can run its own chain for many projects with its subnet ecosystem. Subnets are blockchains designed according to the wishes of the projects and have a high TPS rate.
What are the Projects on the Avalanche Network?
The Avalanche network has a structure suitable for token creation, just like the Ethereum blockchain. There are many DeFi applications active on the Avalanche network and applications that have an important place in the cryptocurrency world. Some of these applications and projects are as follows:
Pangolin (PNG)
Trader Joe (JOE)
Play Crabada (CRA)
Basket Tokens
Avalanche Launchpad
The Avalanche project is a cryptocurrency blockchain project that has launched many applications and projects within its ecosystem. Within the ecosystem, many launchpad applications have emerged both to fund projects and to enable early-stage investors. Some of these applications require requirements such as KYC, while others require you to stake certain tokens.
Within the Avalanche ecosystem, Avalanche launchpad programs are very useful for investors and allow early investment in many projects. Some of the most popular launchpads that appear as Avalanche Launchpad applications are; Avalaunch and Avaxlauncher.
With the Avalanche launchpad program, investors invest in projects at lower prices and before many investors. Projects released with the Launchpad program can offer high returns to their investors according to the current market conditions.
What is Avax Coin?
Avax coin is the native cryptocurrency used on the Avalanche blockchain to both cover transaction fees and create nodes for network security. The maximum supply of Avax coin is 720,000,000 units. Although the supply of Avax coin is limited, it has both inflationary and deflationary mechanisms.
Validators who create nodes by staking Avax coin are rewarded with a certain annual staking reward, while the entire transaction fee paid for each transaction on the network is burned.
Avax Price by Year
Avalanche Price by Year AVAX/USD (USD)
2020 Avalanche Price $3.19
2021 Avalanche Price $114.13
November 2021 High of $146.00 #bitcoin #Binance #ETH #Layer2 #opbnb