<img alt="3 DeFi firms under fire from CFTC" class="attachment-full size-full wp-post-image" height="900" src="https://statics.ambcrypto.com/wp-content/uploads/2023/09/ambcrypto_US_Commodity_Regulator_cracks_down_on_DeFi_2a1e15a7-4710-4259-a5c9-56cbf55cbdeb_1200x900.png" style="float: left; margin: 0 15px 15px 0;" width="1200" />The CFTC has taken action against DeFi platforms Opyn, ZeroEx, and Deridex, imposing fines for regulatory violations.

3 DeFi firms face charges from CFTC

In a surprising turn of events, the burn rate of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has skyrocketed by an astonishing 940% within 24 hours. This surge in the burn […]
The post $SHIB Burn Rate Skyrockets by 940% as Shibarium Transactions Keep Rising appeared first on BitcoinWorld.

$SHIB Burn Rate Skyrockets by 940% as Shibarium Transactions Keep Rising

Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown at Changi Airport: 3AC’s Su Zhu Detained, Associate Kyle Davies Fugitive Teneo, […]

Former Three Arrows Capital Executive Su Zhu Arrested in Singapore

Argentina’s capital city is teaming up with Self-Sovereign Digital Identity (SSI) protocol QuarkID to launch a digital identification service that uses the layer-2 blockchain zkSync Era. According to a press release, Buenos Aires will roll out the blockchain-based identification initiative for its 15 million residents in October. Citizens living in the city can download the […]
The post South American City of 15,000,000 To Launch Blockchain-Based Digital Identification Services appeared first on The Daily Hodl.

South American City of 15,000,000 To Launch Blockchain-Based Digital Identification Services

Earlier this week, JPMorgan Chase UK, a standalone digital banking entity in the UK since 2021, delivered surprising news. They announced that their customers would no longer have the option to purchase crypto using Chase UK debit cards or via bank transfers. While such decisions aren’t entirely unprecedented, the rationale provided by the bank, concerns […]

Crypto Collision: Coinbase’s CEO Brian Armstrong Challenges Chase UK’s Sudden Ban

The U.S. Federal Communications Commission (FCC) is reigniting the debate over net neutrality policies as internet users continue to surge. However, the agency’s stance on this issue needs to be […]
The post FCC Contemplates Net Neutrality Return Amidst Divided Opinions appeared first on BitcoinWorld.

FCC Contemplates Net Neutrality Return Amidst Divided Opinions


                    
                    Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence.
                    The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a transfer function that allowed anyone to transfer it without the owner's permission. But supporters claim these losses were not the fault of the developer.$108,000,000 Trade Volume ✅And counting.What comes next…?  pic.twitter.com/lpetFqJAkq— Pond Coin (@Pond0x) September 28, 2023

As evidence for Pond0X DEX’s trading volume, the official channel cited a Dune dashboard created by user mogie, which shows over $111 million in all-time trading volume as of September 29.Total volume metric for Pond0X. Source: @mogie Dune channelThe PNDX token launched on July 28. At the time, critics accused the project of being a “rug-pull” or exit scam. At issue was the unorthodox way that the project’s founder, Jeremy Cahen (also known as “Pauly”), launched the coin. In the launch post on X (formerly Twitter), Cahen posted the URL to an app that allowed people to deposit a fixed amount of Ether (ETH) to receive a fixed amount of PNDX. He also posted the contract address for the token. In response, some investors started buying the coin on Uniswap, using its contract address to identify it, while others deposited ETH into the app to receive PNDX. The price on Uniswap quickly rose above that of the ETH needed to mint PNDX, so minters started selling their coins into the market at a profit. Critics claimed that this process transferred over $2 million of wealth from those who bought the coin on Uniswap to those who minted it using the app. The ETH deposited through the app went into a contract that contained no means of reclaiming the funds, leading critics to allege that the whole project was intended to drain funds from investors and send it to Cahen.In addition, coding experts began claiming that the token lacked a normal transfer function. Instead of only allowing the token owner to transfer it, PNDX allowed anyone to transfer tokens. This meant that each PNDX owner could lose their tokens at any moment, since any programmer could “steal” their PNDX using developer tools. On July 29, Solidity enthusiast and blogger sm-stack claimed they ran a test in Foundry that proved this point.However, more than two months after the project’s launch, it continues to garner hundreds of supporters on Twitter, with replies to official posts routinely saying such things as “FEELS GOOD MAN” and “Best DEX, don’t see a reason for people to use other tbh.”Best DEX, don’t see a reason for people to use other tbh— Lemur   (@OGLemur) September 28, 2023

On July 29, crypto trader and blogger Antony Williams claimed to have read the app’s smart contract code and determined how it works. According to him, Pond0x is “fundamentally an LP Farm” and not a complete scam. The app issues each user an ID that determines the user’s share of a pool of Pepe (PEPE) tokens. Users can increase the Pepe rewards they are entitled to by calling the “BribeforLevelUp” function. To call this function, the user must deposit 0.26 ETH. This ETH is used to purchase Pepe tokens, which then get deposited into the pool to pay out rewards. The exchange also issues a “Score” to each user. Higher scores represent more potential rewards from trading fees collected, all other factors being held constant.Related: BALD token developer denies rug pull as price falls 85% post-launchWilliams did not say these rewards could be claimed immediately, but asserted that the developer “likely” has the intention to pay them out at some point in the future. He also claims that the PNDX token “is essentially valueless,” which may have been created ithis way “to avoid legal complications.”The project launched its decentralized exchange on September 1. According to the Dune dashboard cited above, this DEX has now reached over $100 million in trading volume, showing that at least some traders are undeterred by Pond0X criticism.

Pond0x DEX claims $100M in trading volume as critics allege it’s a scam

Lego says that it cannot make bricks from recycled material. They tried and they simply cannot do it without increasing carbon emissions. That’s a refreshing admission. Most companies take on “green initiatives” anyway, even if they prove to make the problem worse. In a similar vein, the CEO of Lufthansa admitted that“going green” would require the airline to use up HALF of Germany’s electricity. So not green at all then. Meanwhile, Ford says that it will pause construction of a $3.5 billion plant to build EV batteries in Michigan. They aren’t saying why. It just goes to show: It ain't easy being green. 

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About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives. 

DISCLAIMER:

Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support.

The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

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Lego just hit a climate BRICK wall | Redacted with Natali and Clayton Morris

Epic Games refused to pay two Fortnite Champions because they were Russian. The two champions were told that their $200,000 cash prize money would be withheld because they are from a “Prize Restricted Region.” But they don’t live in Russia. They live in Belarus, which is not a “Prize Restricted Region” and one of them holds a bank account in Kazakhstan, which is not one either.  The rationale is that Russian people must be punished because their country “invaded” Ukraine. By that logic, all Americans should be punished for their country’s current illegal occupation of Syria. Or past invasion of Iraq, Syria, Libya, Afghanistan, Somalia… You pick. That would mean seizing Jeff Bezos’ yachts, Bill Gates' farmland and the Four Seasons. Wait, did we know that Bill Gates owns the Four Seasons? Well he does. And he gets to keep it because he's not Russian. 

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#redacted #claytonmorris #natalimorris #news #independentjournalists
-----
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives. 

DISCLAIMER:

Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support.

The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

Follow Clayton on Twitter: 
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Why are Jeff Bezos and Bill Gates Getting Away With This? | Redacted with Natali and Clayton Morris

The Army War College thinks war with Russia or China could cause 3,600 casualties per day so they're considering a draft. Raise your hand if you want to die to go to war with China!? Anyone? Anyone? They say that this must be done in order to combat Vietnam syndrome. Will they ever learn? 

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👕 REDACTED MERCH 👕
Go grab some Redacted Merch from our store. Go to https://RedactedStore.com and pick some up. When you get it, send photos of you wearing it to photos@redacted.inc. Can't wait to see you in it! 

💥 Follow us on RUMBLE: 
Come follow us on Rumble, a free speech platform, in case anything happens to the YouTube channel due to censorship. https://Rumble.com/Redacted

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📚 Read Clayton and Natali's Amazon best-selling book on finance. How To Pay Off Your Mortgage in 5 Years 👉🏻 https://amzn.to/3Guh4IC

✅ 💥 Best Way to Invest in Gold is with Lear Capital ⚡️
👉 Call them today at tel:800-613-3557
👉 or go to https://LearRedacted.com
⭐️ Get your FREE Gold and Silver investor guides from Lear Capital
⭐️Receive up to $15,000 in FREE bonus metals with a qualified purchase 

🚀 Limited Time: Get up to 16 Free stocks with moomoo! Open a free account and claim your free stocks after you make your initial deposits. Click here to learn more ➡ https://redacted.inc/moomoo 🚀 

🇦🇺 (Australians get 10 Free Stocks when deposit A$2K) T&C Applys: https://redacted.inc/moomoo 🚀

LIVE STREAM SCHEDULE:
Monday - Thursday 1PM PST / 3PM CENTRAL / 4PM EST

📺 Want to bypass chat limits on our LIVE streams? 
Become a YouTube Channel Member today. This is TOTALLY different than the community over on Locals. Head to this link to join:
https://www.youtube.com/channel/UCoJhK5kMc4LjBKdiYrDtzlA/join

#redacted #claytonmorris #natalimorris #news #independentjournalists
-----
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives. 

DISCLAIMER:

Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support.

The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

Follow Clayton on Twitter: 
https://Twitter.com/ClaytonMorris
Follow Natali on Twitter:
https://Twitter.com/NataliMorris

Get Ready! Biden set to bring back the DRAFT? | Redacted News

People can be liabilities, too. #liabilities #assets  #richdad

In this enlightening video, Madex opens up about the significance of starting your journey into the world of Bitcoin. He emphasizes that nobody becomes an expert overnight and that every newcomer should be given the space and resources to learn and improve their security practices. If you've been hesitating to dive into Bitcoin because it seems too complex, this discussion with Madex is the nudge you need to take that first step and understand why it's crucial for your financial security.

CHECK OUT THE FULL VIDEO:
https://youtube.com/live/uCQizEr6pQs

Bitrefill is the easiest way to shop and live on Bitcoin! Grab virtually any gift card with BTC on-chain or via lightning network! 
https://www.bitrefill.com/buy/?code=O04UMic9

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BULLISH BIT: The Journey of Learning Bitcoin and Security

CoinDesk journalists won the prestigious Gerald Loeb Award for exposing the shaky foundation beneath Sam Bankman-Fried’s crypto empire and then documenting the exchange's fallout. CoinDesk's global policy and regulation managing editor Nikhilesh De, one of the winners, shares his behind-the-scenes look at the awards ceremony.