CryptoSentinel :: crypto news and analysis

"Thank God for Bitcoin" - Senator Cynthia Lummis in Congress

🌀Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison🌀 https://blockchair.com/news/crypto-firm-owners-plead-guilty-to-tax-evasion-face-up-to-5-years-in-prison--827f9d3e45 BTC: $58250 ▪️ ETH: $3645 ▪️ XRP: $1.14 ▪️ BCH: $600

China’s Zunyi police arrested nearly 100 people using cryptocurrency money laundering with huobi, okex, and binance, involving a total of 130 million U.S. dollars. Source:https://www.wu-talk.com/html/kuaixun/2021_2129.html

Estonia’s new anti-money laundering chief wants to revoke all crypto licenses — link

Total value locked in DeFi hits an all-time high — link

​​The Latest Breaking News 📣 #1 ⁠SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies — link #2 Tether has loaned $1B to Celsius Network — link #3 Invesco launches digital assets and blockchain thematic equity ETFs in the U.S. — link #4 Chainalysis announces partnership with Dapper Labs for monitoring NFT transactions — link #5 Nigerian central bank to launch digital currency within days — link 👉https://cryptorank.io/news

🚨New OpenSea Scam 1⃣ Seller lists at 10x 2⃣ Lowers price 3⃣ Cancels this one 4⃣ OS doesn't catch up 🪤 Buyer doesn't notice the price change and buys expensive. ⚙ Works when the floor is moving quickly. ⏳Always double check what you're paying before submitting a transaction.

OpenSea vs. traditional art sellers - Data driven research 👀 While the pace of NFT sales on the OpenSea platform shows signs of cooling off after record sales in August and an insider trading scandal in September, OpenSea is on track to record over $10 billion in sales for 2021. https://defiprime.com/opensea-vs-traditional-art-sellers

​​Bitcoin Is Now Bigger Than Tesla and Facebook by Market Cap📈 According to AssetDash data, currently, Bitcoin overtook Tesla and Facebook by market capitalization.🚀 Could Bitcoin Beat Amazon This Year by market cap?🤔

🌀International authorities arrest ransomware gang members in Ukraine🌀 https://blockchair.com/news/international-authorities-arrest-ransomware-gang-members-in-ukraine--d36ed4e9be BTC: $47729 ▪️ ETH: $3325 ▪️ XRP: $1.03 ▪️ BCH: $541

𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗡𝗲𝘄𝘀 vol. 78 20th September — 4th October BIS says global CBDC bridge needs public and private cooperation, IMF recommends global crypto standards for financial stability, Chinese regulators unite forces to crack down on crypto, El Salvador mines first bitcoin with volcanic energy, and more! TL;DR - CBDC impact on the banking sector could be manageable, says BIS. Global CBDC bridge needs public and private cooperation - IMF recommends CBDC and global crypto standards for financial stability - The US Treasury Department’s report on stablecoins is expected to be released in late October - SEC delays decision on 4 Bitcoin ETFs. While Gary Gensler says crypto is a ‘Wild West’. CFTC commissioner will become SEC general counsel - French regulator warns against unauthorized crypto platforms - First cryptocurrency fund approved in Switzerland - Chinese regulators unite forces to crack down on crypto. Furthermore, more crypto platforms exit China following a ban on transactions - El Salvador mines first bitcoin with volcanic energy - South Korean crypto tax delay thwarted. The country bans virtual asset services staff from trading their platform’s tokens - Singapore finance authority grants licenses to Independent Reserve and DBS. While Binance blocks fiat deposits and spot crypto trading for Singapore users - Thailand’s tourism authority is considering creating its own utility token - Brazil aims to tighten penalties for crypto-related financial crimes - Binance to cease crypto futures and options in Australia. While Binance hires former IRS-CI special agent to head intelligence division - New Zealand central bank releases issue paper on digital currency - Canadian regulators warn against ‘gambling style’ advertising and marketing in guidelines for crypto companies - UAE regulators approve crypto trading in Dubai free zone - Central bank of Ukraine to promote ‘fair’ Bitcoin regulation - Central Bank of Chile sets up team to study CBDC issuance - Nigeria to postpone its CBDC launch - SparkPool to suspend all operations - Coinbase seeks new exec to debate with policymakers - CFTC charges 12 New York crypto options businesses with failing to register - Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO - Virgil Griffith pleads guilty to a conspiracy charge in North Korea sanctions case - Germany’s 2021 election: What do parties think of crypto and blockchain? - Crypto is impossible to destroy, says Tesla CEO Elon Musk - And more! #Regulationhttps://twitter.com/Paradigm_fund/status/1444995405381517321?s=20

An Extensive List of Rug Pulls by Celebrities and Influencers 📃 The following is a list of rug pulls and scams that have been compiled. The list was made for the sole purpose of keeping track of celebrities promoting/creating scam projects without any accountability. 1) Lil Uzi Solana NFT Rug Pull (09/2021) The suspect deleted his tweets after shilling the project Eternal Beings to his 8.5 million fans. The suspect was forefront to the promotion of the project, even stating the floor price would be "6 SOL easy" before the launch, causing the price drop to 2.5 SOL after the rug pull. Interesting to note: Snoop Dogg also shared the tweet with his fans on September 25Th before deleting it. Source 2)Faze Kay Save The Kids Coin Rug Pull (06/2021) The most well-known rug pull of the year, the suspect shilled the charity cryptocurrency project Save The Kids, before changing the source code to sell off his bag. For a more detailed investigation do watch Coffeezilla's outstanding coverage. 3) Faze Bank × Faze Kay BankSocial Rug Pull (05/2021) The primary suspect is Faze Bank shilling BankSoical to his fans on May 28, do note the "Banks" name associated with the coin. Followed by Faze Kay's reply; "I'm 2× already". The project went from a 2.5 million trading vol to 12.2 million on the 29th of May, before dumping back to 2.6 million and as low as three hundred thousand dollars the following week. The tweet has since been deleted and the giveaway never took place. Faze Bank is still part of the Faze Clan to this day. 4)Logan Paul Crypto Zoo NFT Scam (09/2021) The suspect claimed to have created the NFT project from scratch and the NFTs were unique, but Coffeezilla pointed out it was just photoshopped images in his YT video. Upon further investigation, the project also switched contracts (while specifically claiming they wouldn't) before the launch causing early adopters to lose money because the contracts are useless. The project hit ATH of 24.54 million trading volume before crashing down to its current trading volume of 3.5 million. 5) Logan Paul Dink Doink Scam (06/2021) The suspect once again shilled the project as the "dumbest and most ridiculous shit coin" and "That's why I'm all in" on the 28Th of July. Developers were holding 80% of the supply as well. The tweet has since been deleted and the coin fell from 1.2 million trading volume to its current trading volume of 532$ Source 6)Jake Paul Yummy toke scam (05/2021) The suspect who also known for shilling Safemoon, shilled yet another crypto project names Yummy on May 14. Source The coin hit an ATH of 430,187$ before crashing down to 0$ in trading volume the following week. 7) SnoopDogg BabyEth Rug Pull (08/2021) The suspect promoted the coin on his Instagram account without marking it as an ad on August 24Th. The coin hit an ath of 2 million trading volume before dumping down to 0$ in trading volume a month later. The telegram group has since linked a chart of BabyETHV2 with different contract addresses whose supply is held by 1 wallet.