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Updated: Jul 21, 2024
π₯Latest Cryptocurrency and Blockhchain news.
Contact: @Arpiner7
crypto_miami
July 18, 2024, 14:30
π« Paraguay's Illegal Bitcoin Mining Crackdown Reaches New Heights
π 10,000 Seized Rigs: Paraguay Matches Venezuela's Record
In a significant development, Paraguay has now confiscated over 10,000 ASIC miners from illicit crypto mining operations. This puts the country on par with its Latin American counterpart, Venezuela.
β‘οΈ Grid Stability or Corruption Clampdown?
While Venezuela's crackdown is linked to tackling government corruption, Paraguay's focus is on grid stabilization. With power grids at risk of overload, the authorities are taking action.
π 450 Rigs Seized in Ciudad del Este
The latest raid targeted a warehouse in Alto ParanΓ‘, where 450 ASIC rigs were found. These machines were not connected to the local power grid, indicating they were being kept in storage.
π₯ Hernandarias: A Hotspot for Illegal Mining
The district of Hernandarias has become a hub for unauthorized BTC mining activities. This year alone, Paraguayan authorities have opened 20 criminal cases in the area.
π‘ Mining's Economic Potential vs. Rising Energy Rates
While some argue that mining could boost Paraguay's economy, a group of industry players warns that new energy rates could "kill off" the sector. They fear this would harm the nation's reputation and cost jobs.
crypto_miami
July 16, 2024, 13:50
Following my previous post, $MONGY is already up around 40% and doesnβt seem to want to stop.
Very strong narrative which adds to the team even coming up with a custom meme generator for Mongy.
Also, make sure to check out their storyline which I quite honestly got hooked to. πππ
π» Website
βοΈ Telegram
π± Twitter
π Chart
(To join the telegram channel verify through the funnel link)
crypto_miami
July 15, 2024, 19:00
π¨ Just-In: BlackRock AUM Hits $10.6 Trillion Amid Robust Q2 Earnings π°
According to the latest earnings report, BlackRock's AUM has surged to $10.6 trillion after the Spot Bitcoin ETF launch in early 2024.
π Read more
crypto_miami
July 15, 2024, 17:01
π Nigerian Court Sets Date for Binance Tax Evasion Verdict: October Showdown Looms!
π The Gavel Drops on October 11: Brace yourselves, crypto enthusiasts! The Nigerian court has marked its calendar, and the verdict on Binance's tax evasion trial is just around the corner. Judge Emeka Nwite made the announcement, and the anticipation is palpable.
πΌ Four Counts of Tax Evasion: Binance finds itself in hot water, facing not one, not two, but four charges of tax evasion. The allegations include a failure to register with Nigeria's Federal Inland Revenue Service (FIRS). The stakes are high, and the courtroom drama unfolds.
π€ Defense Pleads Innocence: Binance's legal team is fighting tooth and nail, urging the judge to dismiss all charges. They argue that the case lacks substance, hoping for a favorable outcome. It's a battle of wits and legal prowess.
β‘οΈ History Repeats Itself: This isn't Binance's first rodeo. Previously, executives Tigran Gambaryan and Nadeem Anjarwalla saw their tax evasion charges dropped. But they still face separate money laundering allegations β a twist in an already complex legal saga.
π Case Adjourned; Time for Preparation: Judge Nwite hits pause, granting both sides more time to sharpen their arguments. The defense and prosecution will use this breather to fine-tune their strategies. October promises fireworks in the courtroom.
β
Binance's Impact on Nigeria: Beyond the legal wrangling, Binance's role in Nigeria's economic landscape cannot be ignored. The platform's influence on the Nigerian naira and its trading dynamics have raised eyebrows amid dollar shortages and currency woes.
π Cryptocurrency Crackdown Continues: The Nigerian government's scrutiny of crypto activities is not letting up. Concerns over currency manipulation and money laundering prompted a crackdown, with Binance caught in the crosshairs. The storm rages on.
π Naira Troubles and Trading Turmoil: Binance's Nigerian users faced hurdles, with trading issues and restrictions on USDT purchases. The platform's response aimed at fraud prevention, but it further fueled the fire of regulatory concerns.
crypto_miami
July 15, 2024, 12:30
Good meme that I've found today is $MONGY, a cat in a monkey suit, eating a banana that's way too big for him.
The chart had numerous big shakeouts to get rid of the non
mongy believers at the start and holders have been slowly accumulating.
But most importantly, the team has a lot of experience and have been focusing on pushing out more MONGY memes and slowly building the community.
Chart looks very bullish, talks of vcβs coming in.
π» Website
βοΈ Telegram
π± Twitter
π Chart
(To join the telegram channel verify through the funnel link)
crypto_miami
July 14, 2024, 11:01
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crypto_miami
July 21, 2024, 10:24
crypto_miami
July 21, 2024, 10:24
crypto_miami
July 20, 2024, 9:10
crypto_miami
July 20, 2024, 9:10