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๐ @Binance celebrates 7 years of operation today! Despite facing numerous challenges, including legal battles and regulatory scrutiny, the journey has been remarkable. Here's a brief overview: - July 2017: #Binanceย is incorporated in China and quickly becomes the world's largest cryptocurrency exchange. - March 2018: Announced plans to open an office in Malta following stricter regulations in Japan and China. - May 2019: Binance suffers a major security breach, losing 7,000 #BTCย , but fully reimburses affected users. - September 2019: Launch of @BinanceUS to comply with US regulations. - September 2020: Binance Smart Chain (@BNBCHAIN ) launches, offering faster transactions and lower fees than #Ethereum. - March 2023: SEC and CFTC sue Binance and @CZ for multiple violations. - November 2023: CZ steps down as CEO amid a $4.3B settlement with the DOJ. Richard Teng, former head of regional markets, takes over. - April 30, 2024: #CZ sentenced to 4 months in prison for violating U.S. money laundering laws. Even after facing these many challenges, Binance continues to grow and remains the biggest exchange in the crypto space available today. ๐ Hope to see Binance growing and shining under @Richard Teng leadership!
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๐๐ฌ ๐๐ก๐ ๐๐๐ ๐๐ง๐๐ข๐ง๐ ๐๐๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ ๐๐ญ๐ข๐จ๐ง? ย #XRP is up over 15% today despite the crypto market choppiness ๐ ย ๐ป๐๐๐'๐ ๐คโ๐ฆ ๐๐ ๐ ๐๐ ๐๐ข๐๐๐๐๐ ๐ ย โถ๏ธ In the past 3 weeks, the #SEC has ended its investigation into Consensys, Paxos, and Hiro. ย โถ๏ธ It seems like the Biden administration is pressuring the SEC to not go hard on crypto companies.ย ย โถ๏ธ Given that $XRP is a well-established project with a huge community, it's possible that the SEC could end its investigation into Ripple and declare XRP a non-security
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๐จ What happened in Crypto in the last 12h? ๐จ - Coinbase Future $CRV $ENS $PEOPLE - $MOCA Upbit's wallet test - $GNO Shutterized Gnosis Chain - $SUI Xociety Beta test - $MKR Tokenization Grand Prix - $LDO $SSV Simple DVT Module - $ZIG Card - #BABYDOGE PAW Airdrop ๐ โข Probability of a September rate cut increased ~20pps to ~93%. โข The German government sold over 30,000 BTC in the last two days, leaving them with 9,000 BTC remaining. โข Coinbase International Exchange will support $CRV, $ENS, and $PEOPLE perpetual futures starting July 18. โข #BABYDOGE - Baby Doge has announced a $PAWS airdrop for all token holders. Snapshot date will be announced. โข $BOBA - Boba Network will soon reveal something new. โข $FLOKI - Floki will make a marketing announcement on July 17. โข $GNO - Gnosis announced about the launch of the Shutterized Gnosis Chain. โข $MOCA - According to @definalist, $MOCA's event token being sent to Upbit's wallet 2 days ago. Upbit proceeded with Taiko's listing even after it was leaked a day before. โข $MKR - MakerDAO has announced the Spark Tokenization Grand Prix to allocate $1 billion into tokenized real-world assets via SparkFi. โข $SUI - Sui Network has announced the @xocietyofficial beta test launch on July 15. โข $SSV - SSV Network has announced that its clusters are live on Lido Finance's Simple DVT Module on Ethereum Mainnet. โข $ZIG - Zignaly has introduced the $ZIG Card, powered by Mastercard. Pre-orders for digital and physical cards start soon. * * * H/T - @MilkRoadDaily ๐ Please Like/Repost to support :) Thanks for reading ๐ซก Follow @Bitcoin Gurukul for Super Early Updates.
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๐ต๐ฌ๐ฌ๐ฌ% ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐ป ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐๐ง๐ ๐๐ผ๐น๐ฑ๐ถ๐ป๐ด๐ Many people have donated $171.92 worth of Bitcoin to the German Governmentโs #Bitcoin address. ย It increased their balance by 90x since yesterday.
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๐ง๐๐ ๐๐๐๐๐๐ฆ๐ง ๐๐จ๐๐๐๐ฆ๐ ๐๐๐ง๐๐๐ฌ๐ฆ๐ง ๐๐ข๐ฅ ๐๐ฅ๐ฌ๐ฃ๐ง๐ข ๐๐ก ๐ฎ๐ฌ๐ฎ๐ฐ-๐ฎ๐ฑ ๐จย Everyone is talking about Trump's win, FED rate cuts, and FASB rule, but this one will have the biggest positive impact on crypto this cycle. I'm talking about FTX distributing funds to its customers. FTX will distribute over $๐ญ๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป in cash to its creditors (customers) by Q4 2024 to Q1 2025 As we know, most of the FTX asset claims were at the lows, but the USDC and USDT values are the same, and they'll be distributed at 1:1. We're in a bull run, and most of the FTX creditors are crypto guys, which means that this $16B will enter the market again.ย This will be the biggest liquidity injection and could pump BTC and alts to new highs.ย Mt. Gox distribution and government selling are just noise as the big things are yet to come. Hit like and repost if you find this helpful.
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