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🚀Hey BTC enthusiasts! Have you heard about the XLS-39 Clawback feature in the XRP Ledger Version 1.12.0? It's causing quite a stir in the XRP community! 💥 This optional feature allows asset issuers to "claw back" assets for account recovery or in case of suspected fraudulent activity. 🕵️‍♂️ It's meant to provide more safety, but some are worried it could be a double-edged sword. ⚔️ With Clawback, issuers can re-assign tokens to an alternate wallet if a token holder loses access to their account, preventing potential token losses. 🔄 They can also reclaim funds from token holders if they suspect fraud. 🚔 But don't worry, it's turned off by default and can only be activated for other issued tokens besides XRP. 🛡️ However, some in the XRP community argue that it grants issuers too much control and could be misused. 😬 What do you think? Is Clawback a safety feature or a potential problem? 🤔 Let's keep an eye on how this unfolds! 👀

🚀Hey BTC enthusiasts! Have you heard about the XLS-39 Clawback feature in the XRP Ledger Version 1.12.0? It's causing quite a stir in the XRP community! 💥

This optional feature allows asset issuers to "claw back" assets for account recovery or in case of suspected fraudulent activity. 🕵️‍♂️ It's meant to provide more safety, but some are worried it could be a double-edged sword. ⚔️

With Clawback, issuers can re-assign tokens to an alternate wallet if a token holder loses access to their account, preventing potential token losses. 🔄 They can also reclaim funds from token holders if they suspect fraud. 🚔

But don't worry, it's turned off by default and can only be activated for other issued tokens besides XRP. 🛡️ However, some in the XRP community argue that it grants issuers too much control and could be misused. 😬

What do you think? Is Clawback a safety feature or a potential problem? 🤔 Let's keep an eye on how this unfolds! 👀

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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🎉Good news for Binance fans! 🎉 Nigeria has dropped tax evasion charges against Binance's top executives, Tigran Gambaryan and Nadeem Anjarwalla. 🙌 The Nigerian Federal Inland Revenue Service (FIRS) had previously accused Binance of four counts of tax evasion, with Gambaryan and Anjarwalla named as defendants. The charges included failure to register with the FIRS, neglecting to deduct value-added taxes (VATs) from crypto trades, and aiding users in tax evasion. 😱 However, the tax evasion case has taken a turn, with the charges against the executives being withdrawn. This means Gambaryan, who is still detained in Nigeria, will no longer need to appear in court for this case. Binance is now the sole defendant. 😮 But hold your horses! 🐎 The executives are still defendants in a money laundering case brought by the Economic and Financial Crimes Commission (EFCC). The saga continues... 😬 This all started when Nigeria blamed Binance for contributing to a forex crisis by allowing market manipulation and currency speculation on its platform. Binance CEO Richard Teng claimed Nigerian officials demanded a $150 million bribe to settle the charges, an accusation Nigeria called a diversionary tactic and attempted blackmail. 🤔 Meanwhile, U.S. lawmakers have appealed to the president to secure the release of the detained Binance executive due to his deteriorating health. Stay tuned for more updates! 📰
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🎉Whoa! Hold onto your hats, BTC enthusiasts! 🎩 Michael Saylor's brainchild, MicroStrategy, has just upped the ante! 💰 Just a day after announcing a $500 million convertible senior note offering to buy more BTC, they've boosted their target to a whopping $700 million! 💸 This NASDAQ-listed business intelligence software firm has been on a BTC buying spree since August 2020, using various types of funding to accumulate more of the cryptocurrency. 📈 Their latest move? Offering convertible notes to fund their BTC purchases. 📝 This week, the company announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. But wait, there's more! The very next day, they increased their target by 40% to $700 million! 🚀 The terms remain the same, with a 2.25% percentage and a due year of 2032. 📅 The company plans to use the net proceeds to "acquire additional bitcoin and for general corporate purposes." 🏦 According to SaylorTracker, MicroStrategy now owns 214,400 BTC (over 1% of bitcoin's total supply). Despite a slight dip from its all-time high in March, the company is sitting pretty on a massive unrealized profit of $6.6 billion. 💵 MicroStrategy's share prices, being heavily influenced by bitcoin's movements, have been on a rollercoaster ride. 🎢 They started 2024 just under $700, dipped to below $500, then soared to over $1,900 as BTC skyrocketed in March. 🚀 Although they've retraced a bit since their peak, they're still up 120% YTD, closing Friday at $1,495. 📊 So, keep your eyes on MicroStrategy, folks! They're making big moves in the BTC world, and it's a wild ride you won't want to miss! 🌍🚀🌕
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