Websites schießen wie Pilze aus der Erde – terredescale.net

• The crypto community has had a difficult few months, with several events increasing the FUD.
• Confidence in crypto assets is at an all-time low, and the community may take some time to recover.
• Economists predict that a global recession will have an impact on the adoption and growth rate of the cryptocurrency industry.

The cryptocurrency market has been in a state of turmoil for the past few months, with numerous events contributing to a growing sense of fear, uncertainty and doubt (FUD) among the crypto community. This has led to a significant drop in confidence in crypto assets, with many investors hesitant to enter the market due to the potential risks posed by the current economic climate.

The crypto market has been affected by a variety of macroeconomic factors, including inflation, the Ukraine War and the ongoing COVID-19 pandemic. This has resulted in a global recession, with economists predicting that it will have a significant impact on the adoption and growth rate of the cryptocurrency industry. It is important to note that Bitcoin was created in response to the numerous controversial government bailouts following the failure of firms such as Enron during the 2008 Financial Crisis, and thus the crypto market has a history of responding positively to economic uncertainty and recessions.

However, the current state of the industry is much more mature than it was at the time of Bitcoin’s creation. This means that it is difficult to predict how the crypto market will respond to a global recession, as the number of participants and the variety of assets available have increased significantly. Despite this, some projects have been able to thrive in the current environment. For example, Ethereum has seen its value increase significantly over the past few months, while other projects, such as Chainlink and Polkadot, have also experienced strong growth.

The key takeaway from this is that the crypto market is not immune to the effects of a recession, and investors need to be cautious when considering investing in crypto assets. However, it is also important to remember that some projects have been able to thrive in the current economic climate, and thus there is still potential for investors to make profits from the market. Ultimately, it is up to the individual to decide which projects are worth investing in and how to manage their risk accordingly.

• Federal prosecutors seized nearly $700 million in cash and assets from FTX founder Sam Bankman-Fried.
• Dogecoin co-founder Billy Markus and Twitter head Elon Musk have criticized SBF for his earlier claim of having only $100K left.
• US prosecutors have taken hold of FTX’s assets and 10 accounts which have shares, cash and cryptocurrency.

Today, the US Federal prosecutors made a major move and seized nearly $700 million in cash and assets which are in connection with FTX founder Sam Bankman-Fried. According to the court filings made on January 20, the Southern District of New York have taken hold of FTX’s assets as well as 10 accounts which have shares, cash and cryptocurrency.

This move comes after Sam Bankman-Fried had claimed to have acquired a 7.6% stake in Robinhood back in May. Following the seizure of $700M from SBF, Dogecoin co-founder Billy Markus and Twitter head Elon Musk have taken this opportunity to criticize SBF and his stance. Billy Markus penned a sarcastic quote pointing towards SBF’s earlier claim where SBF had claimed to have left with only $100K. In reply to Billy Markus‘ post, Elon Musk was quick enough to comment with two ROFL emojis.

FTX filed its bankruptcy in November 2022 after SBF was charged with using USD that belonged to FTX customers to purchase millions of dollars worth of cryptocurrency. SBF was also accused of fraud and misappropriation of funds in a lawsuit filed by the US Commodity Futures Trading Commission (CFTC).

Since then, both Billy Markus and Elon Musk have been condemning SBF for misleading investors and disregarding the trust of his customers. This latest move by the US Federal Prosecutors shows that they take fraud and financial crimes seriously and that justice will prevail. This incident is a clear warning to investors and entrepreneurs to be careful when investing in cryptocurrency and to always keep an eye out for any suspicious activity.

• Brad Garlinghouse, CEO of Ripple, believes a resolution with the SEC will be done by mid 2023.
• James K. Filan, a former federal prosecutor, keeps everyone updated on the case.
• The SEC has filed an opposition to Third Party A’s Motion to Redact all references to Third Party A as an entity, as well as Third Party A’s (and Ripple’s) proposed redactions to the names of certain public crypto trading platforms.

The crypto and blockchain community is eagerly awaiting the resolution of the ongoing legal battle between Ripple, the popular blockchain-based payment system, and the United States Securities and Exchange Commission (SEC). Brad Garlinghouse, the Chief Executive Officer of Ripple, has expressed optimism recently that a resolution will be reached in the first half of 2023.

James K. Filan, a former federal prosecutor, has been keeping the community up to date on the latest developments in the case. Recently, he revealed that the SEC had filed an opposition to a motion made by Third Party A to redact all references to itself as an entity. Third Party A had also proposed redactions to the names of certain public crypto trading platforms.

The identity of Third Party A has already been made public, but the company is still seeking redactions to 38 of the parties summary judgment filings. The SEC has argued that these redactions should not be allowed and is opposing the motion. This news has come as a surprise to many in the crypto-verse, and it remains to be seen how Ripple will respond to the opposition.

The legal case between Ripple and the SEC has been ongoing for more than a year now, and it is unlikely that a resolution will be reached anytime soon. However, Garlinghouse has expressed confidence that a resolution will be reached by mid 2023. In the meantime, the crypto-verse is keeping an eye on all the updates, especially those provided by James K. Filan.

It is clear that the SEC is unwilling to accept the proposed redactions and it will be interesting to see how Ripple responds to the opposition. Whatever the outcome, it is sure to have a major impact on the crypto and blockchain industry.

• The US Department of Justice announced an international cryptocurrency enforcement action on Wednesday and revealed that the DOJ has detained Anatoly Legkodymov, the founder of BitZlato, a Chinese cryptocurrency exchange.
• The US sanctions framework is managed by OFAC and FinCEN are keeping an eye out for suspicious behavior among financial institutions.
• BitZlato traded more than $700 million in cryptocurrencies with Hydra Market, the largest darknet market in the world before it was shut down in April 2022.

On Wednesday, the US Department of Justice (DOJ) announced an international cryptocurrency enforcement action and revealed that the DOJ had detained Anatoly Legkodymov, the founder of BitZlato, a Chinese cryptocurrency exchange. The US sanctions framework is managed by the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) is keeping an eye out for questionable activity among financial institutions.

Russian citizen Anatoly Legkodymov, 40, of Shenzhen, China, was detained overnight in Miami and was scheduled to appear in court the next day, according to the DOJ. FinCEN has issued an order barring certain fund transmittals involving Bitzlato by any covered financial institution.

The DOJ also stated that BitZlato had traded more than $700 million in cryptocurrencies with Hydra Market, the largest darknet market in the world before it was shut down in April 2022. Additionally, the DOJ revealed that Bitzlato had received more than $15 million in fees for providing services to financial offenders.

In a statement, the US Attorney for the Southern District of New York, Audrey Strauss said, “To anyone who still believes that they can hide from the law by using cryptocurrency, this prosecution should put that illusion to rest.”

The DOJ has made it clear that they are committed to combating financial crimes and they will continue to use all available means to ensure that financial offenders are brought to justice. The DOJ also warned that anyone attempting to use cryptocurrency to launder money could face serious legal consequences.

Bullet Points:
– Ethereum price has been performing well since December 2022.
– The Shanghai hard fork scheduled for March 2023 will allow users to withdraw their staked Ethereums.
– There is a fear that investors may dump those withdrawn ETH, resulting in a massive sell off.

The world’s second largest cryptocurrency, Ethereum, has been performing exceptionally well over the past few months. Since December 2022, Ethereum has surpassed the 50 and 100-day moving average, and is currently trading at $1,576 after a surge of 1.13% over the last 24 hours.

The upcoming Shanghai upgrade is one of the most anticipated upgrades in the crypto space. This upgrade will switch the network from a proof-of-work to a proof-of-stake system. In order to participate in the upgrade, users must stake a minimum of 32 ETH, which cannot be withdrawn until the next upgrade.

However, with the Shanghai hard fork scheduled for March 2023, those staked Ethereums can be withdrawn. This has resulted in a fear that investors may dump those withdrawn ETH, resulting in a massive sell off. The amount of ETH dumped will depend on the number of validators moving out at a particular time.

To prepare for the Shanghai upgrade, Ethereum has already taken several steps to avoid a massive ETH dump. These steps include increasing the staking rewards and proposing a new anti-manipulation rule. The anti-manipulation rule requires validators to keep at least 5% of their stake in the protocol for a minimum of one month. This will help ensure that large-scale dumping does not occur after the Shanghai upgrade.

Furthermore, Ethereum developers are also working on a new governance model to help prevent a potential dump. This new governance model will enable validators to vote on proposals that affect the network, including decisions related to staking rewards, network upgrades, and other changes. This will give validators more control over the network and help keep the Ethereum ecosystem stable.

Overall, the Shanghai upgrade is an exciting event for the Ethereum community and could potentially lead to further growth and development. However, the fear of a massive ETH dump remains a concern, and Ethereum developers are taking steps to ensure the safety of the network. With the right precautions in place, the network should be able to weather any potential dump and continue to thrive.

• Bitcoin price is just a few figures away from its all-time high of $21.5K
• Peter Schiff has predicted a massive pull back in the BTC market
• Bitcoin has seen a greater volume of profits realized on-chain than losses for the first time since June

The crypto market is witnessing a massive bull run right now, with Bitcoin (BTC) just a few figures away from hitting its all-time high of $21.5K. According to Glassnode, Bitcoin has seen a greater volume of profits realized on-chain than losses for the first time since June 2022. This is a great sign of optimism in the crypto market.

However, Bitcoin opponent Peter Schiff has come out with his criticism, predicting that the King currency will be pulled back lower than $18K. This is not the first time that Schiff has made negative predictions about Bitcoin, as he believes that it is not a valid investment tool or store of value due to its extreme volatility.

The analyst has always stood firm in his opinion that Bitcoin is a bubble and will eventually burst, potentially leading to huge losses for investors. He also believes that Bitcoin is only suitable as a speculative asset, and is not a reliable store of value or a good form of currency.

Despite Schiff’s warnings, Bitcoin’s price has continued to climb and many investors remain bullish on the future of the cryptocurrency. With the increasing institutional interest in Bitcoin and its growing adoption as a payment method, many analysts are confident that the coin will continue to surge.

In addition, the entry of large investors such as Elon Musk, Microstrategy, and Square have further boosted investor confidence in the cryptocurrency. Musk’s investment in Bitcoin has been particularly influential, as his tweets have resulted in huge price movements.

All things considered, it remains to be seen whether Bitcoin will be able to sustain its current levels or if it will succumb to a massive pull back. While the price could go either way, it is clear that the cryptocurrency is here to stay and that its future looks brighter than ever.

• Cardano (ADA) and Avalanche (AVAX) have seen extended slumps in their prices, with both tokens trading close to 93% below their all-time highs.
• Flasko, an alternative investments protocol, is taking the spotlight from these older cryptos as it enters the second phase of its presale.
• Avalanche (AVAX) bears have failed to protect $11 support levels from a market sell-off, with tokens trading at $10.88 per token as of this writing.

The cryptocurrency market has gone through a few major paradigm shifts in recent times, with investors now looking for tokens with real-world utility and serious growth potential. This means that established cryptos like Avalanche (AVAX) and Cardano (ADA), which had been investor favorites at one time, have seen better days. The market capitalization of both of these tokens is far from what it was at their all-time highs, and it will take billions in market capitalization for them to get anywhere remotely close to those levels again.

It is in this backdrop that Flasko, an alternative investments protocol, is taking the spotlight from older cryptos as the year ends. The protocol is currently in the second phase of its presale and is being touted as a viable option for investors looking for returns similar to or better than those achieved by Cardano (ADA) and Avalanche (AVAX) in their heyday.

The performance of Avalanche (AVAX) in particular has been far from impressive this year. Bears have failed to protect $11 support levels from a market sell-off, with tokens trading at $10.88 per token as of this writing. This is indicative of a decrease in buyer momentum and an overall bearish trend for the token, which is down by almost 93% from its all-time high prices. The FTX collapse didn’t do Avalanche (AVAX) any favors either, leading to significant outflows of the token’s market capitalization to other, more promising protocols like Flasko.

Flasko, on the other hand, has been gaining traction in the market. It is an investment protocol that allows users to invest in assets such as stocks, bonds, and cryptocurrencies. It also provides access to new digital assets, such as NFTs, and other alternative investments. The protocol is designed to be secure and has a built-in risk management system that allows users to make informed decisions about their investments.

The second phase of the Flasko Presale is currently underway and is expected to end soon. Investors who participate in the presale will be able to purchase FLSK tokens at a discounted rate, making this a great opportunity for those looking to benefit from the potential of the project.

All things considered, it appears that Flasko is the best option for investors looking for returns similar to or better than those achieved by Avalanche (AVAX) and Cardano (ADA) in their heyday. The project has gained considerable traction since its launch and is currently in the second phase of its presale. With its secure design, risk management system, and access to a variety of digital assets, Flasko is a great option for investors looking to benefit from the potential of the project.

• BudBlockz (BLUNT) is a popular crypto that gained massive popularity after its successful pre-sale.
• Dash (DASH) is an innovative crypto that allows users to make their transactions ever more affordable and anonymous.
• Compound (COMP) is a decentralized finance platform that allows investors to lend or borrow crypto assets.

Digital currencies and assets have become a popular way to make money in recent years. People are now diversifying their crypto portfolios to make substantial returns on investment, and one of the best ways to do this is to invest in a company’s presale stage. This is exactly what BudBlockz (BLUNT) did, and it managed to generate up to $1 million in profits. BLUNT is a popular crypto that is worth looking into, especially for those who are just starting out in the world of cryptocurrencies.

Dash (DASH) is another crypto that is worth considering for those who are looking to diversify their portfolios. It is an innovative crypto that allows users to make their transactions ever more affordable and anonymous. It takes just one second for a Dash transaction to be completed, and it is also known for its impressive scalability.

Compound (COMP) is another crypto that is worth considering. It is a decentralized finance platform that allows investors to lend or borrow crypto assets. It is a great option for those who are looking to get into lending and borrowing in the crypto space.

To sum up, if you are looking to diversify your crypto portfolio, then BudBlockz (BLUNT), Dash (DASH), and Compound (COMP) are all great options. They all have unique features and use cases that make them worth considering. It is important to remember, however, that investing in any crypto always carries some risk and should be done with caution. Do your own research and consult with a financial advisor before you make any investments.

• Polygon plans to launch its hard fork on January 17 to prevent gas fee hike and decrease reorgs.
• The hard fork aims to limit the increasing gas fee along with address chain reorganization which is called as reorgs.
• The proposed hard fork for the Polygon PoS chain will make key upgrades to the network on Jan 17th.

The crypto space is abuzz with news that the Polygon network will be launching its hard fork on January 17th, 2023. The hard fork has been planned to prevent gas fee hikes and to decrease reorgs (address chain reorganization).

The hard fork has been an initiative taken up by the Polygon Governance Team, which had invited the community to discuss the changes in the Polygon PoS chain in the last month. The latest updates come with the network planning to launch its hard fork by next week.

The primary goal of the hard fork is to limit the increasing gas fee. Gas fees have been increasing on the network as the activity over the network has been increasing. Polygon runs on a proof-of-stake mechanism, which has comparatively lower gas fee than Ethereum. However, the network speed often suffers when the activity over the network increases, which is why the hard fork aims to reduce gas fee surges.

The hard fork will also address address chain reorganization, which is referred to as reorgs. Reorgs occur when two or more miners are trying to mine the same block and the blockchain reorganizes itself. This can cause the transactions to be reversed, which is why the hard fork is aiming to reduce reorgs.

The proposed hard fork for the Polygon PoS chain will make key upgrades to the network on Jan 17th. This is good news for developers and users alike, and will ultimately make for a better user experience. Users will not need to do anything differently in order to take advantage of the hard fork.

The Polygon network is one of the most widely used networks in the cryptocurrency space and the upcoming hard fork is sure to bring further improvements to the network. Those who are part of the Polygon network should be sure to keep an eye out for the hard fork next week in order to get the most out of the network.

Bullet Points:
– Venom Foundation and Iceberg Capital have announced a $1 billion venture fund to support promising web3 companies.
– The fund, named Venom Ventures Fund (VVF), will focus on startups involved in payments, asset management, DeFi, banking services, and blockchain gaming.
– The fund will invest in projects and teams from pre-seed to Series A rounds.

The blockchain industry has seen a steep correction in prices recently, but that hasn’t stopped the Venom Foundation and Iceberg Capital from partnering up to launch a landmark $1 billion venture fund to support promising web3 companies. Named Venom Ventures Fund (VVF), the blockchain-agnostic fund will focus on startups involved in payments, asset management, DeFi, banking services, and blockchain gaming.

The fund will be largely focused on projects that have the potential to solve real-world problems and will invest in projects and teams from pre-seed to Series A rounds. Ex-BlackRock CIO Peter Knez and serial MENA investor Mustafa Kheriba have been charged with identifying startups that can accelerate the adoption of web3 while delivering a meaningful return for investors.

In addition to investing in promising web3 companies, both Venom Foundation and Iceberg Capital plan to offer additional support to their chosen projects. They will leverage their network and expertise to offer assistance in areas such as marketing, exchange listing, technical, legal, and regulatory.

Both Venom Foundation and Iceberg Capital are regulated by the Abu Dhabi Global Market (ADGM), with the latter being the first registered crypto foundation in the market. This fund marks an important milestone in the blockchain and cryptocurrency space, and should prove to be a great opportunity for web3 companies to gain the financial and non-financial support necessary to drive the industry forward.

The fund’s $1 billion value is sure to generate a lot of headlines, but it’s the additional support that Venom Foundation and Iceberg Capital offer that will be of most benefit to the chosen projects. The projects that they select will have an opportunity to accelerate the adoption of web3 and make a meaningful return for investors.

The launch of the Venom Ventures Fund marks a significant step forward for the blockchain and cryptocurrency industry, and will hopefully pave the way for more promising web3 projects to gain access to the resources they need to succeed. Developers and builders working on innovative web3 projects are encouraged to apply via the VVF website.