🏓 BUSD vs. USDC
Hi, folks! In our latest digest, you'll read about another platform that delisted USDC against BUSD, as well as about FTX receiving a warning for not having an operating license
Your Favorite Crypto Digest From TradeCrypto.com #129
The market today is green. BTC is now trading above $19,400, ETH is trading around $1,300.
💪 Bitcoin dominance: 41.12%
📉 Total Cryptocurrency Market Cap: $ 0.900 tr
😲 Fear and greed index: 23 (Extreme Fear)
🚀 Gainers (Top-100)
• TerraClassicUSD (USTC)+16.61%
• Terra Classic (LUNC)+12.42%
• Chiliz (CHZ)+12.04%
😭 Losers (Top-100)
• Ravencoin (RVN)-1.00%
• Binance USD (BUSD)-0.01%
• TrueUSD (TUSD)-0.00%
SEC Charges Crypto Influencer Ian Balina Over Unregistered ICO in 2018
The U.S. Securities and Exchange 💱 Commission (SEC) has charged crypto influencer Ian Balina, alleging the crypto personality did not file a registration statement with the commission for his offering and sale of Sparkster's SPRK tokens, and no exemption from registration was applicable.
He also allegedly failed to disclose the compensation he received while promoting Sparkster’s SPRK initial coin offering (ICOICO) on social media, according to the SEC. The SEC alleges that Ian Balina violated securities regulations when conducting Sparkster’s 💰 $30,000 ICO in 2018. Another show coming up.
WazirX Delists USDC Stablecoin, Converting User Holdings to Binance USD
An equal replacement? WazirX, a leading Indian cryptocurrency exchange, today announced 📢 it would delist USD Coin (USDC), Pax Dollar (USDP) and TrueUSD (TUSD), and would auto-convert users' existing balances on those three stablecoins into BUSD, the stablecoin developed by Binance. WazirX, a leading Indian cryptocurrency 💱 exchange, today announced it would delist USD Coin (USDC), Pax Dollar (USDP) and TrueUSD (TUSD), and would auto-convert users' existing balances on those three stablecoins into BUSD, the stablecoin developed by Binance.
Ukrainian exchange WhiteBit became an official crypto-partner of Netflix service
FC Barcelona was not enough? Ukrainian platform has signed a long-term contract 📃 with Netflix EU, in the framework of which the service will release a 10-episode project about cryptocurrency. This was announced by the CEO of the company Vladimir Nosov.
From his words, the agreement promises to be fruitful, and the partners are even counting on the Golden Globe. The main innovation - Netflix users from Europe will be able to pay 💸 for a subscription in cryptocurrency. This feature is promised to be added by the end of the year.
Ethereum Name Service Regains Control of EthLink Domain in Lawsuit Against GoDaddy
The Ethereum Name Service (ENS) has regained control of the eth.link domain name after winning an injunction in its lawsuit against domain provider GoDaddy, the ENS announced. Eth.link was “sniped” earlier this month after an expiration date snafu led to an $850,000 ⚖️ auction. This EthLink service enables “.eth” domain users to create viewable websites for themselves with their ENS names and make them accessible from a standard browser. Good day for their users.
PGA Tour Golf NFTs Coming to Tom Brady’s Autograph Platform
The PGA Tour is the latest storied sports league to enter the NFT space, today announcing a long-term pact with NFT startup Autograph to create officially-licensed digital golf ⛳️ collectibles. Golf legend Tiger Woods—already a member of Autograph’s Board of Advisors—will have a hand in shaping the PGA Tour’s NFT product.
Autograph plans to launch its PGA Tour NFTs in early 2023, tapping into the league’s decades-long trove of assets including video footage, data, and imagery from both current events and past competitions. Autograph’s announcement 🔊 also points to rewards for PGA Tour fans, as well as exclusive access to both digital and real-world events. An interesting idea.
South Korean Authorities Request Interpol Red Notice For Terra’s Do Kwon
With the Terra co-founder's current location a mystery, South Korean prosecutors have requested that Interpol issue a red notice. Interpol red notices ⛔️ are issued for fugitives wanted either for prosecution or to serve a sentence; Kwon has yet to appear on the Interpol red notice site. At the time, Kwon was believed to be resident in Singapore; police in Singapore subsequently confirmed that the Terra co-founder is no longer in the country. Missing without a trace.
British regulator lists FTX crypto exchange as 'unauthorized' firm
Oopsy. The Financial Conduct Authority (FCA), the chief financial regulator in the United Kingdom, issued a warning to Bahama-based crypto 💱 exchange FTX, claiming it operates without authorization. The company joined a growing list of unregistered cryptocurrency-related businesses that continue to outweigh those signed up with the FCA.
A warning note, dated Sept. 16, claims that the firm 💬 “may be providing financial services or products in the U.K. without authorization.” Addressing the potential customers, the FCA notes that they won’t be able to get their money back or seek the protection of the Financial Services Compensation Scheme “if things go wrong.”
Conclusion: Binance USD continues to squeeze the markets - let's see how this further affects asset volatility. What's most interesting is that USDT was not affected. FTX will have to walk the way of Binance, as they got a notice from the government.
See you tomorrow, folks! Thanks for being with us :) Brought to you by Maksym, Svyat, and Aleksandar :)
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TC lads here are working quite hard and from time to time we gotta chill. Recently, we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.
So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.