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Well-known reporter Colin Wu reported on a new high-profile event related to fraud and cryptocurrencies. The expert noted that “referring to a money laundering case involving more than $2.2 billion, the China Foreign Exchange Administration warned that the purchase of digital assets and their subsequent exchange for foreign means of payment constitutes the illegal acquisition and sale of foreign currencies.” In a recent case In China's Shandong province, a case was uncovered involving an underground bank that used virtual currencies totaling up to 15.8 billion yuan. Police discovered that the linked accounts were extremely active. Large sums of money were stored on them, and suspicious transactions and other anomalous transfers were also recorded. It is suspected that their actual controller was a man named Jin.#BinanceTournament

Streamr (DATA) price has increased by 108.10% in the last 7 days. This is better than the global cryptocurrency market, which grew by 1.20%. At the same time, it is better than other cryptocurrencies in the Polygon Ecosystem category, which increased by 0.00%.$DATA #BinanceTournament

Ethereum (ETH) is the largest and most used layer 1 blockchain for decentralized finance (DeFi) and Web3 infrastructureEthereum (ETH) is the most important blockchain for decentralized finance and Web3 infrastructure, with the ETH token ranking second by market capitalization ($270 billion) The price of Ethereum has increased by 85% over the past year, reaching $2,249 per coin. 76% of holders are in profit. Interestingly, the profit percentage for short-term and long-term investors is the same. 23% of wallets are at a loss, 1% purchased a token at current prices, 21% hold positions for 1–12 months, 3% recently bought. Is it worth buying ETH when 76% of owners are in profit? The more profitable owners there are, the higher the risk of selling. 46% of tokens are in the hands of addresses with >0.1% supply, which reduces the risk of large-scale sales. Traders doubt whether the market is bullish or bearish. Understanding is important for making a decision to buy ETH. Ethereum whales are actively buying - 100,000 ETH ($230 million) last week. A positive signal is investor confidence in future growth.$ETH #BinanceTournament