However, in reality it is arguable because regulators can crackdown on your business for accepting a cryptocoin that cannot be placed under their surveillance. I reckon to use Monero, you should also be anonymous. This coin is not for legal businesses because it will only a risk to be harrassed by the government. How many exchanges have delisted Monero because of this?

If everyone agrees to join the fantasy league for next season, can we pick the draft order earlier? These 8 months will be very slow and long.

I reckon there is a higher chance that a version 2 of a token is only for marketing and hype to pump the token and have their bagholding whales dump on new buyers' faces. My only words for these buyers are I wish the smell is a very good smell. Much of the time, this leaves a very bad smell hehehehe.

Agreed and it only appears that there are many people in bitcointalk.org that are giving their opinions, however, they are ignorant on what is really happening in the cryptospace.

On CZ stepping down, I am very disappointed that it was Richard Teng that replaced him. I wanted this to be He Yi hehe. She would be a very good follow on social media if she is CEO ehehehhe.

On what it might imply for Binance under Richard Teng, we need to look at his education background and his career. He graduated in Nanyang Technological University in Singapore with a degree in accounting. After this, he went to University of Pennsylvania for an executive leadership course.

His first job was with Singapore's regulator similar to the SEC and worked for 13 years. His next job was with the Singapore stock exchange as a compliance officer. According to some artcles, Richard Teng was someone who helped create important regulatory frameworks and rules for the Singapore exchange.

He also worked in Abu Dhabi where he became the CEO of the Financial Services Regulatory Authority where he also created important regulatory frameworks and rules.

On August 2021, Richard Teng became the CEO of Binance Singapore, on November 2021 he became Binance's head of regional markets.

I reckon his background implies that he can make Binance the biggest fully regulated exchange in the cryptospace. However, nothing is certain.

Has Tether, iFinex and Bitfinex come to a chapter in their story where it has become impossible for them to cause a big short dump on the cryptospace? All the accusations that their stablecoin is not backed 100% by real funding has never been proven. There is a Tether hater in social media called @Bitfinexd that appears to have continued hating Tether, however, the circumstances behind the stablecoin at present appears to have shown that many people were wrong. I am also included in this hehehehe.

Tether is also becoming more responsive on requests for transparency.



Stablecoin issuer Tether and sister company Bitfinex agreed to drop opposition to a New York Freedom of Information Law (FOIL) request brought by a group of journalists, including Bloomberg Businessweek's Zeke Faux

The firms said in a statement that the move is part of their "commitment to transparency," although opposition doesn't mean a complete release of all of its documents. "However, it's essential to clarify that transparency does not mean a wholesale release of all our documents. This approach is not in line with standard business practices," the statement said.

Tether previously made a similar announcement after losing in court twice when attempting to block a June 2021 FOIL request filed by CoinDesk. That request pertained to documents produced during the New York Attorney General's inquiry on allegations that USDT, the U.S. dollar-pegged stablecoin that Tether issues, was not sufficiently backed by reserves from mid-2019 to early 2021, settling charges with the company at the end of that period.

Source https://www.coindesk.com/business/2023/11/24/tether-bitfinex-to-drop-opposition-to-new-york-freedom-of-information-law-request/

The hacker is very funny with his head shaking behavior. He hacked the DEX for $50 million and went to sleep because he needs rest hehehehehe.

I am not quite certain if this message from the hacker for Kyberswap is real, however hehe.

If the rumors that FTX will return are true, it might have some value if the exchange recognizes FTT and if they give the holders the same discounts and other advantages for using the exchange. There is also the automatic buy back and burn mechanism that was being done on the token to increase the value.

In any case, has everyone heard the latest news update on Sam? He appears to have adjusted to life in prison. He presently uses mackarel as his currency hehehehee.



Bankrupt crypto exchange FTX founder Sam Bankman-Fried is adjusting to life behind bars where mackerel has replaced cigarettes as currency, the Wall Street Journal (WSJ) reported on Thursday.
With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some pouches of "macks" for a haircut, the WSJ reported, citing people familiar with the matter.

Source https://www.coindesk.com/business/2023/11/24/sam-bankman-fried-used-mackerel-to-pay-for-a-haircut-in-brooklyn-detention-center-wsj/

It is also being predicted by some people in social media that the new king of the cryptospace to replace CZ will be Brian Armstrong. There is a partnership between Blackrock and Coinbase already. The exchange was selected to be the custodian for Blackrock's bitcoin for their ETF. It will also not be shocking if Blackrock owns Coinbase stock and do everything they can to make Coinbase the most dominant exchange. This will certainly be good for their investment hehehhe.

Also on CZ, it appears that he has requested the judge to allow him to leave American jurisdiction and return to United Arab Emirates. The skeptical me is thinking that he will not return because UAE doesn't have an extradition treaty with America. He might also go to China and hide behind the powerful Chinese elders.



Former Binance CEO Changpeng “CZ” Zhao has opposed the United States government’s efforts to block his return to the United Arab Emirates (UAE) to be with his family while awaiting sentencing following his guilty plea.

Source https://cointelegraph.com/news/changpeng-cz-zhao-us-government

@o_e_l_e_o. They cannot print more BNB. This token has a deflation mechanisms created through buy and burn every quarter until 100 million tokens are left. There is no BSC token, only BNB. Binance has already stopped their stablecoin BUSD after Paxos was adviced by the New York Department of Financial Services.

In any case, we should wait after Binance's $4 billion payment to the American government to confirm our speculations. However, I reckon it will not occur similar to FTX or Celsius. It will be something similar to Bittrex.

You either might be correct or the traditional financial firms and bank in the countries might not yet experienced how disruptive the cryptospace is hehehe.

In any case, similar to what you have already mentioned, this shows how stupid this old grandma is. Senator Elizabeth Warren warns everyone of one company that might create a sandwich shop monopoly. A sandwich shop monopoly?



We don't need another private equity deal that could lead to higher food prices for consumers. The
@FTC is right to investigate whether the purchase of @SUBWAY by the same firm that owns @jimmyjohns and @McAlistersDeli creates a sandwich shop monopoly.

Source https://twitter.com/senwarren/status/1728810999355175212?s=12&t=fx2RmsbaS0qNJTJTdpNu2w

I did not know Jim Cramer is an Eagles fan hehehehe.

https://twitter.com/jimcramer/status/1728929026775879845?s=46

I wish he will stop cheering. Similar to his predictions that have inverse effects on the market, something similar might happen if he cheers for Philadelphia heheheheh!

It is on overtime with 31-31 for each. It appears the Bills offensive coach told Josh Allen to take lesser risk? He appears to have improved.

I am presently watching Benavidez vs. Andrade. I reckon if this Andrade has good stamina and he can maintain this performance, he might have a chance. However, it appears that he became careless on the last seconds of the 4th round. This might be caused by low stamina and being tired.

I am quite certain that this will end before round 7. I will be very shocked if Andrade will go to a decision heheheh.

I very much doubt governments in any country would think in the way the you have described it. In many cases, it is the big companies that have funded much of the politicians' campaigns that have placed them in office. Corporate interests, the lobbying of this and bribery have become one of the accepted ways of politics. It is a customary practice for big corporations to gain their advantages over their competitors.

@o_e_l_e_o. Agreed that revenues are not profits and also cannot be comparable to reserves. However, if an exchange can still generate revenues that large and can generate them in a bull market, I reckon Binance does not have problems in inflows of liquidity and cashflow. They can pay the $4 billion settlement with the Department of justice quite easily. I reckon CZ would not have accepted this proposal if it would cause Binance to be bankrupt.

Also, the article from CNBC is headshaking. The answer is yes to their question. They were creating another fud storyline.

What made up token were they printing?

It might be because the feeling I had while watching the bad copy might not be as good if I watched a good copy where I can see what the director wanted me to see, hear what he wanted me to hear and feel what he wanted me to feel. We might be losing some of this when we watch movies with a bad copy.

In any case, I will watch it again if a good copy is available and I can be quite certain that the Holdovers will be more beautiful, more funny and I will get the real feeling of what this movie was created for. Best original screenplay hhehehehe!

I am very sorry to tell you that Splinterlands appears to be a project that has failed to receive very wide community support from the cryptospace and the gaming community. The pump and dumpers deserve much of the blame. They were only speculating on the token and left many bagholders who were loyal to the project. Will this be a 100x gaming token? It might be, however, there will be newer and more attractive investments in play to earn on the bull market.

It makes it feel very much similar to CODA where if The Holdovers is nominated, it might be the weakest nominated movie, however, it might get the heart of the voters in the Academy of motion picture arts and sciences. Also, if it will not be nominated for best picture, I am quite certain this will be nominated for best original screenplay.

However, it can be argued that CODA has a message to be more aware on people with hearing disabilities. This might be the agenda and it might be why it won the votes. The Holdovers does not have this type of strong message for viewers.

@Kakmakr. I had a similar argument, however, the voters of the academy have their own agenda and have their own storylines to spread instead of the storylines we see in mainstream news media.

@serveria.com. Binance's revenues is certainly very good. I reckon it was more than $20 billion on 2021 and $12 billion on 2022. Also consider that 2022 was a bear market. They will have no difficulties on paying the $4 billion settlement and CZ might unreportedly be one of richest men in the world. $200 million and going to prison for 2 years will be a slap on the wrist.

It appears Binance has avoided biting the dust?

It was not my catch. The credit certainly goes to @o_e_l_e_o. I thought I had a very skeptical mind, however, it appears that it is not skeptical enough hehehe.

It appears I was quite mistaken in my speculation on CZ might reject the DOJ's settlement offer. However, is CZ's surrender enough for the American government to stop the crackdown on Binance or will it bite the dust? CZ's agreement on the settlement might be a decision created to save the exchange.