The SEC, the American media and Binance's competitors from America. It appears Changpeng Zhao might have a very challenging year for 2023. I reckon he should ask for some business maneuvering advice from Paolo Ardoino of Tether on how to avoid a government takedown, how to manage media attacks and how to manage stress hehehe. Also, CZ should start asking for assistance from his backers from China.  Coinbase has recently announced in one of their recent tweets that the exchange is planning to suspend the trading of Binance USD (BUSD). The exchange mentioned that trading will be suspended on March 13, 2023, at or around 12:00 p.m. EST.
The exact reason for the delisting has not been mentioned. However, Coinbase stated that they regularly monitored the assets on the exchange to ensure they met the listing standards.
Binance and BUSD are going through a tough time due to increased SEC scrutiny of stablecoin issuer Paxos. Paxos was asked to stop issuing BUSD, and the stablecoin started slipping away from its peg. However, at press time, the BUSD has regained its peg. There has also been a drop in the market cap for BUSD recently due to ongoing issues.Read in full https://watcher.guru/news/coinbase-to-suspend-binance-usd-busd-trading |
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For the skeptical me, this paywalled article appears for me that American media has begun to publish the first stage of their after FTX fud campaign against CZ and Binance hehehe. The next stage might be during the trial of Sam later this year where some witnesses will be put on the stand to speak about what CZ did on FTT without giving the whole information on why CZ liquidated their position on FTT.  Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX
When you’re the world’s largest crypto exchange in a largely unregulated market, it is easy to make up the rules as you go. In its latest backroom maneuver, Binance transferred $1.8 billion in stablecoin collateral to hedge funds, including Alameda and Cumberland/DRW, leaving its other investors exposed.Source https://www.forbes.com/sites/javierpaz/2023/02/27/binances-asset-shuffling-eerily-similar-to-maneuvers-by-ftx/However, this article with more information makes me shake my head. Is this media attack by Forbes real or fud? Forbes, yet again, investigated the on-chain activities of Binance and discovered that the exchange transferred $1.78 billion in users’ funds to various hedge funds. The article reveals that the Changpeng Zhao-led exchange completely emptied its collateral for B-peg USDC without reducing its supply.
Binance issues a B-token to facilitate the usage of other blockchain tokens in the BNB chain. The exchange is supposed to issue B-token only after storing 100% collateral of the original token. For example, for every 100 B-USDC, it must have 100 USDC as collateral.
However, the exchange broke its rules on Aug. 17, withdrawing $3.63 billion from its peg wallet to the “Binance 8” cold wallet. It then returned $1.85 billion to the peg wallet but transferred the remaining $1.78 billion to a Binance 14 cold wallet. Later, the exchange distributed the funds to a trading firm, Cumberland, Amber Group, Alameda Research, and TRON founder Justin Sun.
When Binance withdrew $1.78 billion USDC on Aug. 17, it did not decrease the supply of the B-USDC. The collateral fell to zero, and the exchange did not correct it for four months.
The article also states that B-USDC was deficient by over $1 billion on three different occasions. Forbes believes Binance is misusing customers’ funds, similar to the bankrupt exchange FTX.Source https://beincrypto.com/binance-misusing-customers-funds/ |
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@Baofeng. Yes and very much similar to the ICOs in the cryptospace, they will create another storyline to again make the fans very intruiged and they will certainly be buying tickets and payperviews hehehe. This will be declared the Paul-Fury trilogy. I am not quite certain if this will be the type of fights that will put the sport of boxing forward, however. I reckon the fans should be more demanding of the best boxers to challenge each other like Crawford vs. Spence.
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I encountered a Facebook post from the sports page that John Riel Casimero is now ranked #5 in the Super Bantamweight in WBO.
But checking the current rankings, he is still not ranked by the WBO and still, only WBC ranked him. I don't know if that's just a made-up article lol.
I would be happy if that happened since Casimero is now getting an inch closer to a possible title match.
With so many fights that will happen this year, I am sure his rank will go higher as they are all focused on defeating Inoue. New blood, they may want to have a taste of him. Luis Nery didn't waste the opportunity to go up the ladder and defeated Azat Hovhannisyan in a TKO and now he is getting near the tile. Casimero, as I checked my favorite rankings website is just below them. Very soon he will be up against the top contenders and a possibility for his aim to fight Inoue or getting back his championship title. That's interesting, if given a chance Casimero will not waste any to bring his name back on top, though it's a new division but the good thing here is he might have that chance to fight Inoue, if both will continue to win on their respective upcoming fights the chance that we might see negotiations between both camps is very possible. Patience is a virtue here. If we hope to see that time will come for both of them inside the same ring, it's really something that might take place. This move to a higher weight division will be good for Casimero because he had problems in weight cutting before in bantamweight. However, he might wait for a very long time before he can get his opportunity to challenge the monster hehehe. Inoue has his ambition to unify the championships of the super bantamweight division and be the first fighter to do it. This implies that if he is the winner against Fulton he will accept the rematch then he will challenge Akhmadaliev for the unification. It also implies that also this fight will also have a rematch clause. Casimero should also first prove himself by challenging Fulton or Akhmadaliev if they lose twice each against Inoue. The problem however is Inoue might go higher again to featherweight. He should forget about the monster Inoue though, he had his chance but he blew it already. The first thing that he should do is to capture a belt here. He is now on good position as he bolster and go to rank 5 in the WBO. Let Fulton vs Inoue fight each other, and then fight the next highest rank that is available to him. Probably just 2 fights and he will be in for a world title again, regardless of how it is. Agreed. Casimero has nothing to offer Inoue except if he is holding a super bantamweight championship. However, you mentioned that he is ranked 5 in WBO. Stephen Fulton is the champion of the WBO super bantamweight division and Fulton is scheduled to fight Inoue already. I reckon he should challenge someone with a high ranking in WBA or IBF then challenge Murodjon Akhmadaliev the WBA and IBF super bantamweight champion hehe. |
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 This is an old meme. But, Whenever I see this one. I laugh at crypto bans. Surely there will be some panic in the market, which will also affect the market. But Hey, You are in 2023. The government is nothing without you. Bitcoin is spreading day by day, and people understand its benefits. If big countries ban Bitcoin, I don't think every country will follow them. Others will try to get benefit from it. China banned Bitcoin and mining plenty of times. Still, we saw a massive ATH in 2021. Such things will happen. But, Remember, Bitcoin has a limited supply. There will be scarcity, and everyone won't own Bitcoin at some point. Hehehe agreed. Also, it appears that the American government is beginning to accept that they cannot ban cryptocoins and the cryptospace. However, they will create strict regulations where it will make it harder for us to buy cryptocoins and where the easiest way to buy them is through illegal services hehe. According to the details from the meeting, the G-20 presidents’ group received collaborative support from the International Monetary Fund and the US. Speaking to Reuters, Yellen mentioned that there won’t be an outright ban but rather a strong regulatory framework.
“We haven’t suggested the outright banning of crypto activities, but it is critical to put in place a strong regulatory framework. We’re working with other governments,” Yellen said.Source https://watcher.guru/news/cryptocurrencies-safe-from-ban-us-treasury-secretary-promises-robust-regulations |
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I mentioned something years ago in some threads in the press subforum, however, no one appears to think that it might happen yet. This is the regulators might begin requiring limits on who can and who cannot buy cryptocoins and tokens based on income. If for example your income is less than $100k a year, then you are not eligible.
Another speculation on what might occur is the regulators will allow 1 or 2 stablecoins to exist, they will create a regulatory system where everything that goes in and out of the cryptospace will be through only those stablecoins. This is for the regulators to control how much liquidity should go in and go out of the cryptospace.
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They just had their first face to face at the press conference: https://www.youtube.com/watch?v=ho4nda7fLJgWhat I found funny/interesting is Jake proposed a double or nothing bet to Tommy that if he loses Tommy gets double his purse and Jake gets nothing and even had the contract/bet ready to sign: https://www.youtube.com/watch?v=zZClH_f-k9MTommy's dad John Fury was quick to accept quite vocally but Tommy didn't seem too sure and looks like he tried to start a scuffle to change the topic haha. Tommy has seemed very confident up until that. I guess if he was so sure he would gladly take the bet but I don't blame him if he doesn't. Potentially going home with nothing would probably be too much to handle. Tyson is over there now so maybe his presence will add a bit of extra spice. This would be very funny for the loser who will go home with nothing except blacks and blues hehehehe. I reckon the hesitation from Tommy was not because he was not confident. It was because he did not know what to tell Jake. This might be because it was not for him to make the decision. It appeared for me that it might be the father who decides and manages the financial decisions for this fight. Tommy can blame John on Monday hehehehehe. The stakes are so high now in this fight it just keeps adding up because Jake Paul keeps challenging and baiting Tommy Fury, people will be excited to see this fight and the outcome, there are so many first on this fight, only two days before the fight I am more excited on the weigh-in and final face-off, I hope there are no more delays but I want more dramas and thrash talks because this fight thrives on the drama and thrash talks both fighters and their team delivers. Agreed! Jake Paul expected the trashtalks from Tommy Fury and he knew what to reply already. He is attacking where it will very much hurt the Fury family. Taking all of their money and let them go home with only black and blues hehehehe. In any case, does anyone speculate that Jake can knockout Tommy? It might be difficult because Tommy is a professional boxer who has enough experience to avoid Jake's tricks. |
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I speculate that it might drop more after the Oscar votes are completed on March 2 to March 7. Its definitely possible, I just checked the https://m.nicerodds.co.uk/academy-award and I think that odds on Everything Everywhere All At Once dropped slightly, which is a good thing for all those betting on All Quiet. This is certainly a good movie for it because it ended with the German soldiers not wanting to go back on the field anymore after being given their last orders by their uncaring leaders and generals. Warning, spoiler: Hm didn't movie ended in a total opposite way, by that officer sending bunch of soldiers into last battle just before armistice started, causing more unnecessary deaths?I was not implying that the soldiers did not go. I was saying that they did not want to go anymore. They were demoralized, however, their leaders and generals were insensitive and uncaring. There was also the agreed time when the war should end that made going back on the field appear useless. But they went because they are forced to follow orders. This will be the Hollywood agenda. To make everyone more aware of this war between Russia versus Ukraine and to cause us to ask what is the real purpose of this. I am quite certain the purpose is not for the people. It is for those leaders from both countries who will make direct and indirect profits from it politically and financially. |
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@Yamane_Keto. There is no service for this, however, there are Defi projects that offer synthetics or derivatives of stocks that you can trade using Ethereum. But their list is limited and the volume is very low. I reckon that it will certainly be much better for you to hold your coins or trade them for bluechip altcoins like Ethereum which you can also use to trade in Defi, NFTs and tokens of other types.
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@Rikafip. It appears like the extra money might be a personal donation to be collected through personal favors for future need hehe. In any case, who gave Sam Bankrupt-Fraud access to the internet? I am not quite certain if he is bored in custody and trolling or if he is sending a concealed message through social media and he is only making it appear that he is trolling.   |
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No! I underestimated the effect of winning Bafta on the oddsmakers' decisions Big part for that odds drop is due the fact that All Quiet won the most awards and that's something that barely anyone expected. I kinda expected 1917 winning many awards few years ago (it was their movie after all and it also won 7), I didn't expect so many awards for this one. I guess Brits are fan of war movies. This is the type of odds changes that happened on Coda.
While odds on Coda were initially very high (~26 after nominations were released), few days before the ceremony odds dropped to only ~2 and Power Of The Dog was a slight favorite with ~1.8. I will wait a little bit more to see how situation develops and if odds keep dropping sharply I might bet on it so another CODA doesn't happen to me.  I speculate that it might drop more after the Oscar votes are completed on March 2 to March 7. If All Quiet's odds become only 3.50 or lower, we can assume that the a antiwar agenda in Hollywood is real hehehe. This is certainly a good movie for it because it ended with the German soldiers not wanting to go back on the field anymore after being given their last orders by their uncaring leaders and generals. You should bet with me while the odds remain to be quite good. Do not wait for the leaks to arrive after March 7 heheehe.  |
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Good job, you asked for regulations claiming it will help the mass adoption? While it does the opposite...
MICA (Markets in Crypto-Assets) et TFR (Transfer of Funds Regulation) will be worldwide very soon
Hehe I very much agree! This is certainly because much of the people in the community are using the coins in the cryptospace for speculation. They think regulations will make it much easier for more people buy and pump their coins to all time high. They also think that regulation will bring validity that they made the correct decision on their investment. Regulations will only bring more control on the how much liquidity can go in the cryptospace market. This implies that with less liquidity there will be less pumps. It will also bring more restrictions on how to use the cryptospace. This implies that it will be less attractive to use for moneylaundering, tax evasion and other forms of criminality. This will also certainly make the price dump. |
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They just had their first face to face at the press conference: https://www.youtube.com/watch?v=ho4nda7fLJgWhat I found funny/interesting is Jake proposed a double or nothing bet to Tommy that if he loses Tommy gets double his purse and Jake gets nothing and even had the contract/bet ready to sign: https://www.youtube.com/watch?v=zZClH_f-k9MTommy's dad John Fury was quick to accept quite vocally but Tommy didn't seem too sure and looks like he tried to start a scuffle to change the topic haha. Tommy has seemed very confident up until that. I guess if he was so sure he would gladly take the bet but I don't blame him if he doesn't. Potentially going home with nothing would probably be too much to handle. Tyson is over there now so maybe his presence will add a bit of extra spice. This would be very funny for the loser who will go home with nothing except blacks and blues hehehehe. I reckon the hesitation from Tommy was not because he was not confident. It was because he did not know what to tell Jake. This might be because it was not for him to make the decision. It appeared for me that it might be the father who decides and manages the financial decisions for this fight. Tommy can blame John on Monday hehehehehe. |
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Today's latest news regarding the FTX case says that currently a new Indictment was opened against SBF which contains 12 indictments now. But what is sticking out now is that in one of the indictments it is alleged that the SBF has committed a conspiracy to make unlawful political contributions and defraud the federal election commission. This will be a new chapter in the problem that he is facing because now it's not just about FTX anymore if the charges like this even though it is indeed inseparable from FTX because the funds provided by SBF are estimated to be more than $ 10 million. According to the indictment, his motivation was to keep regulators away from his precious cryptoverse. “The defendant, perpetuated his campaign finance scheme at least in part to improve his personal standing in Washington, D.C., increase FTX’s profile, and curry favor with candidates that could help pass legislation favorable to FTX or Bankman-Fried’s personal agenda, including legislation concerning regulatory oversight over FTX and its industry,” prosecutors wrote. What does unlawful unlawful political contributions and defraud the federal election commission imply? Are they trying to imply that Sam was bribing some politicians? I reckon that this also proves that everything Sam did in the cryptospace and the political sphere was not done only by Sam. The moves of Sam was really the moves of his backers and some of those backers might be part of a political group. If they do not want Sam to become a whistleblower they should support him or Epstein him. I do not want to see him Epsteined. |
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I love Bitcoin but I don't love that slogan. Bitcoin is Bitcoin and its most important mission is giving people freedom of what they own (be their own banks) and better if they invest smartly they will get financial freedom too.
I disagree with statements to over emphasize missions of Bitcoin. It is not here to fix everything on Earth. It is unable to fix local or global economics or social, politics problems and other issues in other areas.
To make Bitcoin more friendly with the crowd, I don't think we should spread that statement that can makes side effects.
I very much agree. We should also be realistic about this and try to see everything from an unbiased eye. On account of bitcoin's monetary policy alone, it will certainly cause it to be unstable and as an effect it will be difficult for it to fix money because of this. I am sorry if it appears that I am antagonizing again, however, we should live in reality. |
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I reckon no amount of stricter regulations will stop the more advanced type or the higher level scammers similar to Sam Bankrupt-Fried who, has the political connections and who has wealthy financial backers that can finance their criminal and moneylaundering operations. Everyone should become very much aware of this. I would be shaking my head if we, the commoners of the cryptospace, would support a move for stricter global regulations in crypto. This will only make the use of cryptocoins, Defi and other protocols harder for us commoners, however, it will certainly not make it more difficult for those higher level criminals to create and fund their scams in crypto. Cryptocurrency regulation is currently a focal point for regulators and lawmakers all across the world. Regulators have been tightening the noose around the crypto industry to safeguard consumers from bad actors.
The colossal fall of the FTX crypto exchange has alarmed regulators even more, and lawmakers are trying to bring effective and efficient crypto regulation into place.
The president of BaFin has censured the current synopsis of the regime that governs the crypto sectors as not strict enough. This points toward the condition where the industry will not be able to keep bad actors in control.Read in full https://bitcoinist.com/germany-calls-global-regulation-of-crypto-industry/I do not think that Germany fully understands the concept of decentralized finance. They are still thinking of crypto in terms of digital money, like Paypal. They are completely leaving out the issue of the unregulatable nature of smart contract swapping of crypto. Especially when it comes to DeFi. How exactly do they think they can demand KYC from every single person with a self-custody wallet? How are they even going to find the people the wallets belong to? Do they just hope that everyone with a wallet makes themselves known? Or are they going to demand unreasonable and impossible KYC demands for service/goods providers who accept Bitcoin? All these demands from unknowing politicians are just empty threats, because they cannot actually do anything. I am certain that they only demand more to be done as a way to make themselves look good (as in PR stunts) by pretending like they have found a solution of somehow centralizing a decentralized, anonymous money. Lets not forget, they have not even been able to control Bitcoin as they would a regular security. And Bitcoin has been unrestrained for over a decade now. What chance do they think they have with DeFi? Not even mentioning privacy coins like Monero. At some point they will realize that they cannot attack the end points like crypto exchanges because there are always other ways to buy and sell crypto. Its over. The governments can only kick and scream now. We have won. The fact that the oldest crypto, Bitcoin, has not been put on a leash by the government is the greatest proof of this. They can only declare that those Defi tokens issued will not pass the howie test and charge them to be illegal securities. It has not discouraged the developers and project creators, however hehehe. Also, you mention Monero and privacy. There will be more development on privacy 2nd layers on Ethereum that Defi developers can test and later use. Presently there is Loopring, ZKsync, ZKspace and Aztec. I reckon there are a few more others being developed. |
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I encountered a Facebook post from the sports page that John Riel Casimero is now ranked #5 in the Super Bantamweight in WBO.
But checking the current rankings, he is still not ranked by the WBO and still, only WBC ranked him. I don't know if that's just a made-up article lol.
I would be happy if that happened since Casimero is now getting an inch closer to a possible title match.
With so many fights that will happen this year, I am sure his rank will go higher as they are all focused on defeating Inoue. New blood, they may want to have a taste of him. Luis Nery didn't waste the opportunity to go up the ladder and defeated Azat Hovhannisyan in a TKO and now he is getting near the tile. Casimero, as I checked my favorite rankings website is just below them. Very soon he will be up against the top contenders and a possibility for his aim to fight Inoue or getting back his championship title. That's interesting, if given a chance Casimero will not waste any to bring his name back on top, though it's a new division but the good thing here is he might have that chance to fight Inoue, if both will continue to win on their respective upcoming fights the chance that we might see negotiations between both camps is very possible. Patience is a virtue here. If we hope to see that time will come for both of them inside the same ring, it's really something that might take place. This move to a higher weight division will be good for Casimero because he had problems in weight cutting before in bantamweight. However, he might wait for a very long time before he can get his opportunity to challenge the monster hehehe. Inoue has his ambition to unify the championships of the super bantamweight division and be the first fighter to do it. This implies that if he is the winner against Fulton he will accept the rematch then he will challenge Akhmadaliev for the unification. It also implies that also this fight will also have a rematch clause. Casimero should also first prove himself by challenging Fulton or Akhmadaliev if they lose twice each against Inoue. The problem however is Inoue might go higher again to featherweight. |
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For the latest odds, Caleb Plant is the underdog,  And so it seems that Benavidez power is the overwhelming reasons why he is big favorite, as for Caleb 3:1 underdog good already for a ML bet. I will agree with the odds maker, gonna be hard for Caleb to score a win against a hard hitting David Benavidez who has one mission, to have a fight with Canelo Alvarez in the future. Plant might win some rounds in the beginning because of his experience hehe. However yes, very much similar to Canelo, it will be Benavidez's strength and his physical presence that will cause him to win this fight. It can also be argued that Benavidez has more strength and physical presence than Canelo. In any case it appears that much of the voters have the correct vote. Benavidez by technical knockout or knockout. What round does everyone predict for the knockout? |
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In fact, almost all casinos as well as betting platforms work on the same 'white lebel'. The only things that can make one be seen as better or worse are the terms of the welcome bonus, the quality of the service and the speed of any withdrawals. Both games and other services differ little one from the other. Will Coinplay prove determined enough to be among the top casinos? that is entirely up to them. So far the offering is very similar to other casinos and bookmakers. And time will tell if they want to be one of the best or one of the many. On your question if coinplay.com will be among the top casinos. Presently, we cannot honestly know the answer because it is new. However, on what you told everyone that their offering is similar to other bookmakers and sportsbooks, I disagree. Coinplay is only one of the very few that has a unique offering for special bets on predicting outcomes on cinema and tv games. I am presently looking at this bet on the movie Creed 3 hehe. Coinplay is offering a bet if the movie's domestic box office opening weekend in America will be over $28.5 million or under. https://coinplay.com/line/tv-games/1033765-special-bets-cinema/160268579-creed-iii-opening-weekend-box-officeCreed 1 made $30.1 million in the domestic box office on the opening weekend. Creed 2 made $35.3 million during Thanks giving weekend. Their Rottentomato ratings are very good with 91% fresh pick and 83% fresh pick. However, because of the bad American economy and because Silvester Stallone will not be in the movie, I reckon it might not do similarly well as Creed 1 and 2. It might make under $28.5 million in the box office. |
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If electricity is really cheap and the government is corrupt similar to much of the 3rd world countries, we can assume that it would be easy for lawless minded miners to smuggle their mining equipment in their jurisdiction and mine illegally. Also, the crackdown on legitimate miners will be good for the illegal miners because difficulty will go down and give them a bigger percentage of the total hashrate. There might be a future where illegal miners will make up more of the total than legitimate miners if all jurisdictions around the world begin cracking down on bitcoin mining. It will certainly not stop the criminals if there is money earned. Illegal bitcoin mining can also be funded by our favorite hustlers in the cryptospace to continue the party heheheeh. |
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