🔸 Binance stopped trading of the new stablecoin AEUR 💸 Th | Jaseke on Binance Square

Trending Articles

Bookmarked and Liked

See original

--

Bullish

🔸 Binance stopped trading of the new stablecoin AEUR
💸 The coin was supposed to be pegged to the value of 1 euro - users were able to pump the price of $AEUR to $3.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

21

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Jaseke

Explore More From Creator

SEC Seeks to Amend Binance Lawsuit, Leaving Solana's Status in Limbo 💩 The SEC is looking to shake things up in its ongoing legal battle with Binance. On July 29, the SEC filed a motion to amend its complaint against the crypto exchange, aiming to avoid a court ruling on the security status of third-party tokens like Solana's SOL. This move could leave the regulatory status of various digital assets up in the air. In its proposed amendments, the SEC wants to sidestep a decision on whether tokens such as Solana, Cardano, and others should be classified as securities. By doing so, the SEC is effectively removing itself from the role of determining the legal status of these assets, which would continue to face regulatory uncertainty. The SEC initially accused Binance of violating federal securities laws by listing tokens from multiple projects. Last month, however, a federal court ruled that secondary sales of digital assets like Binance's BNB token do not qualify as securities, delivering a setback to the SEC's case. Crypto enthusiasts are watching closely, with some interpreting the SEC's latest move as a sign that tokens like SOL and ADA might not meet the criteria for securities. This comes amidst growing frustration with what many see as the SEC's enforcement-driven approach to regulating the crypto space. Binance, for its part, has responded by questioning the timing and rationale behind the SEC's proposed amendments. The exchange argues that it’s premature to start discovery on claims that may soon be revised and accuses the SEC of misrepresenting their agreement on the discovery timeline. As the situation unfolds, the crypto community remains on edge, eager to see how this legal drama will shape the future of digital asset regulation. 😵

--

Learn about Layer 0, 1, 2, and 3 solutions! Be smarter than hamsters! 🐳 L0 (Layer 0) — This is the foundational level that provides the basic infrastructure for creating and interacting between different blockchains. It includes protocols and platforms that enable blockchains to work together and ensure interoperability between them. Examples of L0 solutions include Polkadot and Cosmos, which offer cross-blockchain communication and interoperability. L1 (Layer 1) — This is the base level of the blockchain, which provides the primary protocol and consensus mechanism. Examples of L1 solutions include Bitcoin and Ethereum. These solutions define the rules of the network, how transactions are added to the blockchain, and how network security is maintained. L2 (Layer 2) — These are additional layers that operate on top of the base blockchain (L1) to improve scalability and performance. They include technologies such as the Lightning Network for Bitcoin and Rollups for Ethereum. L2 solutions help reduce the load on the main blockchain by speeding up transactions and lowering fees, while maintaining the security and decentralization of the base network. L3 (Layer 3) — This is an additional layer on top of L2 that focuses on specialized tasks and applications. L3 often focuses on creating specific applications and services, such as decentralized applications (dApps), which can utilize the infrastructure of L1 and L2. This layer may also include user interfaces and protocols that simplify interaction with the base blockchain levels and enhance the user experience. Key Differences: L0: Infrastructure for interaction between different blockchains and ensuring compatibility. L1: The main network, responsible for fundamental operations and security. L2: Additional solutions to enhance scalability and transaction speed on top of L1. L3: Applications and services operating on top of L2, providing specialized functions and improved user experience. That's it, no difficulties at all. You are now smarter than hamsters 🥳🤙 #ETHETFS #Optimism #Arbitrum

--

Let's take another look at what Trump said during his Bitcoin 2024 speech: 🤭 Key points: - I will fire the dirty Gary Gensler on the very first day. Bitcoin is likely to surpass gold in market capitalization.The US will become the crypto capital. $BTC will become a global superpower.While I am President, there will be no CBDC. I will halt the sale of confiscated $BTC by the US government. The US government will keep 100% of its $BTC — this will serve as the foundation for a strategic Bitcoin reserve. Now consider the chances of Trump becoming president — over 60%. If he becomes president, we are headed for new heights. Bitcoin is ready for it. A pump is coming soon! 👊

--

Wow, the German government is making major moves in the crypto world! They've just sold off a whopping 88.4% of their original 50,000 Bitcoin stash, leaving just 5,800 BTC in their wallet. This bold move began on July 12, with transactions totaling 3,200 BTC spread across platforms like Bitstamp, Kraken, and Coinbase, each receiving 400 BTC. Additionally, significant amounts went to two undisclosed addresses. Crypto analyst Michaël van de Poppe predicts they'll sell the remaining $300 million worth of Bitcoin today, July 12. This all stems from Bitcoin seized from a film pirating site back in January. Since June 19, the German government has been steadily offloading BTC, ramping up efforts this July. Joana Cotar, a German lawmaker and Bitcoin advocate, isn't thrilled about this sell-off. She suggests that holding onto Bitcoin could have shielded against risks in the traditional financial system if adopted as a "strategic reserve currency." The market's feeling the pressure from these big sales. With over 44,200 BTC already sold, the German government's actions are impacting Bitcoin's price. Recently, the wallet even dipped below 5,000 BTC after moving around $615 million worth of Bitcoin to various exchanges and addresses on July 11, as reported by Arkham analytics. This, along with Mt. Gox potentially releasing $8 billion worth of Bitcoin to creditors, is creating uncertainty in the market and pushing prices down. It's a turbulent time in the crypto space, with governments and legacy financial systems making waves that ripple through Bitcoin and beyond.

--

According to Polymarket, the betting crypto platform, Joe Biden's chances of participating in the U.S. presidential elections as the Democratic Party candidate are assessed at 41%, slightly lower by 4% compared to Kamala Harris. Biden's odds of winning the presidency are estimated at a mere 14%, while Harris stands at 16%. The unquestionable leader in the race is the Republican candidate and former U.S. President, Donald Trump, with a 60% chance of winning #USA

--

Latest News

XRP Sees Historic Rally Amid Political and Ecosystem Developments

--

BNB Surpasses 720 USDT with a 0.98% Increase in 24 Hours

--

Significant Bitcoin Transfer Observed From Antpool to Cobo

--

Cryptocurrency Market Experiences Significant Liquidations

--

Magic Eden CEO Discusses Future Plans After Token Launch

--

Trending Articles

Popular Trader Confirms $1 Trillion XRP Market Cap Prediction

BTC NEXT MOVE 109K ?????

Key Economic Events That Markets Are Watching Out for This Week

🚀 Solana's $263B Token Unlock: What It Means for Investors 🪙📉

JasmyCoin’s Cup and Handle: Why Traders Are Watching $0.649 Closely

Cookie Preferences

ba-one-trust-cookie