Gli NFT stanno accelerando la transizione digitale di Topps, afferma il presidente

Michael Eisner ha affermato che il produttore di carte collezionabili è „digitale al 25%“ e in crescita grazie in parte alla tecnologia blockchain.

Topps, uno dei principali produttori mondiali di carte collezionabili, ha recentemente annunciato la sua intenzione di perseguire un’offerta pubblica a seguito di un’esplosione nel mercato digitale

In un’intervista con Squawk Box della CNBC oggi, il presidente di Topps Michael Eisner ha affermato che il lato sportivo e di intrattenimento del business – l’azienda produce anche confezioni come la gomma – è digitale al 25% e in crescita. Eisner ha detto che l’esplosione di token non fungibili, o NFT, sulla blockchain „probabilmente piacerà a tutti“ quando l’azienda diventerà pubblica.

„Il [lato del business] digitale sta crescendo molto velocemente“, ha affermato Eisner:

„Con la blockchain saremo in grado di partecipare al mercato secondario. Prima abbiamo partecipato solo quando abbiamo messo fuori le schede analogiche. “

Topps prevede di diventare pubblica tramite la fusione di una società di acquisizione per scopi speciali , o SPAC. In questo caso, Mudrick Capital, già quotata al Nasdaq, acquisirebbe Topps. Questo potrebbe aggirare efficacemente il tradizionale percorso di offerta pubblica iniziale. Secondo quanto riferito, la SPAC stima Topps a $ 1,3 miliardi, con l’accordo che dovrebbe essere finalizzato quest’anno.

Eisner, l’ex CEO di The Walt Disney Company, ha acquistato Topps attraverso la sua società di investimenti e Madison Dearborn Partners nell’ottobre 2007. Il presidente Bitcoin Trader ha dichiarato di aver acquistato la società „con l’obiettivo di renderla digitale“.

„Questa è la ciliegina sulla torta: passare al digitale completamente, con l’analogico ancora al suo posto.“

Man mano che le criptovalute e la tecnologia blockchain sono diventate più note, il braccio digitale dell’azienda è entrato nello spazio NFT con la creazione di oggetti da collezione digitali alla moda. A gennaio, Topps Digital ha rilasciato NFT con il senatore del Vermont Bernie Sanders e i suoi guanti invernali alla cerimonia di inaugurazione presidenziale del 2021.

China to ban BTC mining from April

China’s Inner Mongolia, a long-term favorite of miners because of its cheap electricity, banned all mining projects in April.

This follows the first proposals presented to prevent cryptocurrency mining issued by Chinese authorities in 2018.

Meanwhile, the price of Bitcoin (BTC) is recovering amid reports from the Chinese government.

On February 25, the Inner Mongolia Development and Reform Commission released a government plan that severely affects mining of BTC and cryptocurrency in general . It is stated that all these projects must be stopped in the region by the end of April.

The policy comes after the National Development and Reform Commission (NDRC), China’s leading economic planner, declared Inner Mongolia to be the only province not to limit energy waste in 2019. The high energy of BTC could be the main driver of this decision.

The goal of the Chinese authorities‘ continued efforts is to reduce energy consumption to nearly 1.9% by 2021.

Beijing’s commitment to carbon emissions versus BTC

The draft plan also indicates that the region is currently seeking to reduce emissions per unit of gross domestic product (GDP) by 3% this year. The incremental growth in energy use is supposed to be controlled at around five million tonnes of standard coal. This could be a real-time sign of the environmental concerns surrounding Bitcoin .

As Wu Blockchain, a Chinese crypto mining news provider, tweeted , ending the energy-intensive mining practice is also part of „China’s commitment to the global emissions target. carbon in 2020 ”.

The journalist added that Inner Mongolia has always had more restrictions on the mining of cryptomonnaie . For their part, the three other major mining provinces – Xinjiang, Sichuan and Yunnan – „have not taken any measures for the moment“.

Restrict BTC mining in the coming years?

The announcement is hotly discussed across the crypto mining industry . The Chinese government has been lobbying the industry for years, citing concerns about wasted energy, speculative bubbles and fraud.

Inner Mongolia is famous for its inexpensive energy. Before the ban was announced, the region accounted for over 8% of Bitcoin’s global mining computing power (BTC), according to the Bitcoin Electricity Consumption Index .

Overall, China has the largest average monthly hash rate breakdown, over 65%.

Some fear that China will eradicate cryptocurrency mining altogether . Since 2017, Beijing has banned initial coin offerings (ICOs) and has hampered digital currency trading in the country. Thus, many players in the mining sector, such as Bitmain Technologies Ltd., have moved abroad, resulting in a 25% decrease in the mining sector in China.

Bitcoin is on the rise again

Following this recent news from Inner Mongolia, Bitcoin has rebounded after briefly touching $ 43,000 on February 28. The price of BTC is now expected to gradually return towards $ 50,000 as the weekly technical indicators appear to be bullish.

At the time of the layout of this article, the flagship cryptocurrency is trading at just over $ 48,100 , gaining nearly 8% in 24 hours according to CoinGecko . Its market capitalization is once again approaching $ 900 billion.

Bitcoin (BTC) na primeira página do Financial Times

A atual alta do preço do Bitcoin continua ganhando interesse de primeira página da grande mídia.

A criptomoeda mais importante do mundo, Bitcoin, tem estado no centro das atenções por todos os motivos certos nos últimos tempos.

O Bitcoin (BTC), nos últimos dois meses, registrou uma alta massiva de preços, estimulando-o muito acima de seu preço anterior de alta (ATH). A criptografia em 3 de janeiro de 2021, comemorou 12 anos desde seu bloco de gênese icônico. Curiosamente, o Bitcoin Code atingiu um novo ATH de $ 34.800 no mesmo dia.

Além disso, o Financial Times , jornal de negócios aclamado internacionalmente, apresentou o King Crypto em sua primeira página. A característica era principalmente sobre a escalada do Bitcoin para US $ 30.000. Notavelmente, a alta dos preços atuais do BTC tem sido o centro da atração nos últimos tempos.

Aumento de preços mais sustentável

Em 2017, durante a primeira notável alta do BTC, muitos analistas consideraram a alta dos preços uma bolha. Essas vozes diziam que a corrida de touros de 2017 não era sustentável. O mesmo não pode ser dito da atual alta dos preços do BTC. A grande mídia, que em grande parte tem estado na vanguarda das críticas ao espaço criptográfico, está achando difícil permanecer cética. A atual alta dos preços do BTC que está sendo apresentada na primeira página do Financial Times também é uma indicação clara disso.

Segundo relatos, espera-se que a alta dos preços do Bitcoin continue. Joseph Young destaca que isso ocorre porque mais pessoas estão comprando a criptografia e ninguém está vendendo.

FOMO (medo de perder) também é enorme por parte dos compradores de pequena escala e investidores de varejo.

Investidores institucionais na vanguarda da alta dos preços do BTC

O líder global de criptografia da PwC, Henri Arslanian, lança mais luz sobre a causa da atual alta dos preços do BTC. Curiosamente, a alta dos preços do BTC foi atribuída ao aumento do interesse de compradores institucionais. Entre os quais estão empresas como MicroStrategy , MassMutual e Square , que transferiram grande parte de seus fundos para o Bitcoin. Além disso, o aumento do preço da criptografia foi estimulado pelo endosso de vários gigantes de Wall Street, como Paul Tudor Jones e Stanley Druckenmiller . De acordo com Arslanian, o preço atual do BTC não mostrou qualquer sinal de desaceleração.

Bitcoin climbs to $ 28,400 and then drops suddenly

The Christmas climbing party is briefly interrupted by a sudden crash, but Bitcoin is already looking at 30,000 US dollars.

On December 27th today, Bitcoin ( BTC ) climbed to a new record high of $ 28,400 before a sudden crash ensued.

$ 1,900 loss in minutes

As the data from Cointelegraph Markets , Coin360 and TradingView show, Bitcoin only climbed sharply on the Sunday after Christmas, only to lose large parts of the gains in just a few minutes.

After a daily profit of up to 15% was achieved, there was heavy selling pressure above the 28,000 US dollar mark. In the end, the upswing was unable to withstand this, causing the price to drop to a low of $ 26,500.

At press time, volatility remains around the $ 27,000 mark, making it difficult to see where we’re going next.

Analyst: „Record run of record runs“

As Cointelegraph had already reported today , Bitcoin has reached several new milestones with the price jumps of the last few days. The market-leading crypto currency cracked a market capitalization of 500 billion US dollars for the first time yesterday.

In addition, the largest futures gap that has ever existed for Bitcoin should arise on Monday.

Since the resistance at US $ 24,000 could be jumped, BTC has been moving in uncharted waters because there is no more arithmetical resistance upwards. Resistance can only arise through natural selling pressure.

Since institutional investors are currently slacking off a bit, the focus is shifting even more towards private investors in order to maintain the upward trend of Bitcoin.

„The record run among the record runs has begun“, as Cointelegraph Markets expert Michaël van de Poppe sums up the current situation optimistically on Twitter .

In this regard, he sees the area around $ 19,500 as a possible zone for a possible return, whereby the altcoins would benefit from such a scenario .

The order book of the market-leading crypto exchange Binance suggests that the next big selling pressure is likely to arise at the $ 30,000 mark.

Real Madrid players join blockchain game Sorare

Sorare, the football fantasy game, announces a licensing agreement with Real Madrid.

The partnership will give birth to a series of collector cards representing the players.

In November, Kylian Mbappé’s single card was sold for $ 65,700 by the BlackPool fund.

Real Madrid are the last European club to have signed a license agreement with the French startup Sorare.

Real Madrid join Sorare

Sorare is a fantasy soccer game where users can collect cards featuring professional players and use them to build their own squad.

On December 17, Sorare unveiled the signing of a license agreement with Real Madrid allowing the startup to exploit the image of the club’s players in its game. It remains to be seen at what price Karim’s single card will be sold Benzema and Sergio Ramos. Sorare broke the news:

It’s official: Real Madrid join Sorare! The first edition of collectible cards is now up for auction.

Sorare has already sold more than $ 5.6 million in professional player cards. The site’s exchange volume increased from 25,000 euros in December 2019 to 1.1 million dollars during the month of November.

Sales hit a new record in the last 7 days. According to the analysis site, users made 4,140 transactions worth $ 220,000.

Buyer Max Mersch even paid $ 65,694 to acquire Kylian Mbappé’s unique card

A collector who is not completely unknown since his purchase was made as part of a launch of an investment fund dedicated to Non-Fungible Tokens (NFT). The BlackPool Fund explained:

Today, we’re excited to unveil BlackPool: a new fund operating in the non-fungible token (NFT) space: from sports cards and gaming items to digital art. We believe in the long-term value of rare cryptocurrencies

Ripple exec empfiehlt Barbell-Strategie für Portfolio-Allokationen

Da Bitcoin seine Position direkt unter seinem letzten ATH auf den Preis-Charts konsolidiert hat, ist die allgemeine Stimmung auf dem Krypto-Markt von Hausse und Optimismus geprägt. Ein solcher Stimmungsumschwung hat die Aufmerksamkeit vieler Menschen im Mainstream erregt, von denen viele zuvor zögerten, in Kryptowährungen zu investieren. Tatsächlich lässt sich auch argumentieren, dass einige innerhalb des Unternehmens auch die Prozentsätze ihrer Krypto-Investitionszuweisungen überdenken.

Das langfristige Kurspotenzial von Bitcoin sowie Krypto-Investitionen und Portfolios waren zwei der Themen, die Breanne Madigan, Leiterin der Abteilung Global Institutional Markets bei Ripple, kürzlich in einem Interview angesprochen hat.

Da der größere Krypto-Markt vor Optimismus strotzt, teilte Madigan ein Wort der Vorsicht. In Anerkennung der Tatsache, dass viele institutionelle Investoren und Fortune-500-Unternehmen Gefallen an Bitcoin gefunden haben, „indem sie ihre Finanzmittel in Bitcoin und andere Anlagen in Krypto-Währung investierten“, sagte der Leiter von Ripple,

„Das alles ist vielversprechend, aber es wird kurzfristig Volatilität geben“.

Laut Madigan zeigt ein Vergleich der Marktkapitalisierungen von Bitcoin und Gold, dass es viel Spielraum gibt. Angesichts der Tatsache, dass sich ein Großteil des im Entstehen begriffenen Marktes noch im Anfangsstadium befindet, sollte man im Idealfall bis zur Spitze von BTC viel Volatilität erwarten, sagte sie.

Dies ist ein fairer Kommentar. Die Aussagen und die jüngste Preiskorrektur haben jedoch wenig dazu beigetragen, die Erwartungen vieler Investoren an Bitcoin zu dämpfen. Tatsächlich glauben viele, dass der Eintritt von Institutionen wie MicroStrategy und Square Inc. und die Umarmung von Kryptowährungen durch PayPal das Wachstum von BTC nur beschleunigen wird, wobei viele erwarten, dass die Kryptowährung in einigen Jahren auf über 100.000 Dollar geschätzt wird.

In der Frage der Handelsstrategien empfahl Madigan eine Barbell-Strategie – ein nicht-traditioneller Plan, der die Aufteilung eines Portfolios in nur extrem risikoreiche und risikolose Anlagen vorsieht. Wie es der Statistiker Nicholas Taleb einmal formulierte,

„Wenn Sie wissen, dass Sie anfällig für Prognosefehler sind, und akzeptieren, dass die meisten Risikomaße fehlerhaft sind, dann besteht Ihre Strategie darin, so hyperkonservativ und hyperaggressiv wie möglich zu sein, anstatt leicht aggressiv oder konservativ zu sein.

Nach Ansicht der Ripple-Führungskraft würde es am besten funktionieren, einen Teil seiner Allokation in „Aktienbeteiligungen an einigen der vielversprechendsten Unternehmen der Branche“ zu investieren, nachdem man ihre Renditen über sieben und zehn Jahre betrachtet hat. Der andere Teil, so empfahl sie, müsse zwischen drei oder fünf Kryptowährungen aufgeteilt werden. Diese Kryptos, so Madigan, müssen eine „Geschichte“ und ein „Wertangebot“ haben.

Sie schloss mit der Behauptung, dass ein Engagement von 3% in der Anlageklasse zu einer Outperformance von mindestens 15% gegenüber einem traditionell verwalteten Portfolio führen sollte.

Interessant ist in diesem Zusammenhang auch, dass Madigans Kommentar einige Tage nach der Bemerkung eines Kryptoskeptikers kam, der behauptete, dass Bitcoin und Kryptowährungen keinen Platz in institutionellen Portfolios hätten.

Madigan ist nicht der erste, der sich dazu äußert, was die beste Strategie für ein Anlageportfolio sein könnte. Tatsächlich hatte eine kürzlich durchgeführte VanEck-Studie herausgefunden, dass Bitcoin das „Risiko- und Ertragsprofil“ bei der Portfolio-Allokation verbessern würde. Interessanterweise ergab AMBCrypto’s eigene Forschung, dass die Ära einer 60-40-Portfolio-Allokation vielleicht schon lange vorbei ist, wobei auch ein reines Krypto-Portfolio gute Erträge abwirft.

Bitcoinin hinta yhtäkkiä palautuu nousuun, kun 20 000 dollaria on näkyvissä

Bitcoinin hinta on murtanut ratkaisevan vastustuksen viikonlopun kaupankäynnissä.

Bitcoin (BTC) on edelleen valokeilassa sen jälkeen, kun MassMutualista tuli viimeisin yritys, joka kohdisti 100 miljoonaa dollaria salkustaan ​​Bitcoiniin. Tämä lisää tällä hetkellä vaikuttavaa ostopaineita ja uudistaa toiveita siitä, että Bitcoin rikkoo 20 000 dollaria joulukuussa.

Vaikka korjaus tapahtui viime viikolla, Bitcoinin hinta nousi kriittisen tason yläpuolelle 18600 dollariin ja kohdistuu nyt uusiin kaikkien aikojen korkeimpiin. Kuitenkin, koska purkautuminen tapahtui viikonloppuna, yksi sonnien huolenaihe on suhteellisen alhainen palautumisen määrä viikonloppuna.

Bitcoin rikkoo yli $ 18,600, takaisin alueelle

4 tunnin kaavio kertoo kaiken Bitcoinin viimeaikaisesta muutoksesta. Alun perin Bitcoinin hinta putosi tärkeän tukivyöhykkeen läpi 18 500 dollariin ja laski kohti seuraavaa tukea 17 600 dollaria.

Tätä tukivyöhykettä pidettiin tukena, mikä johti nousevaan eroavaisuuteen. Vastaavasti karhut eivät voineet pakottaa alle 17600 dollarin erittelyä ostajien astuessa tälle tasolle.

Sieltä ratkaiseva vastus oli 18 500 dollaria, joka murtui nopeasti muutamassa tunnissa. Tämä siirto näki myös merkittävän rallin kohti kaikkien aikojen suurta vastustusvyöhykettä, $ 19.500.

Kopioiiko Bitcoin aiemmat liikkeet uudelleen?

Tämä näkymä antaa käsityksen alueiden muodostumisesta impulssin siirtyessä ylösalaisin. Bitcoinin hinta on nähnyt useita vuoden aikana. Ensimmäinen impulssiliike tapahtui ennen puolittamista, toinen elokuussa ja viimeinen viime kuukausina.

Joka kerta kun tällainen impulssiliike tapahtuu, alue muodostetaan, kun markkinoiden on tuotettava voimaa vauhdin jatkamiseksi. Mikään ei mene suorassa linjassa, ja edellisten vastustasojen testien on tapahduttava vauhdin jatkamiseksi.

Nouseva kiila perustettiin väärennöksellä, joka ylitti viime aikojen korkeimman arvonsa kaikissa edellisissä tuoterakenteissa. Todennäköisyys tämän toistumiselle kasvaa, kun otetaan huomioon nykyinen vähäisen viikonlopun muutos.

Tästä näkökulmasta siirtyminen kohti 21 000 dollaria on jälleen pöydällä, jonka pitäisi nähdä heti 19 500 dollarin pinta-ala tukeen. Jos näin ei tapahdu, historia toistaa itsensä, ja Bitcoin todennäköisesti putoaa takaisin alueelle. Siksi katsottavat tasot ovat 14 000 dollaria ja 16 000 dollaria korkeammalle aikavälille.

CME-futuurit suljettiin perjantaina 18115 dollarissa

CME-futuurikaavion aukot ovat olleet monien keskustelujen keskipisteenä, ja ne ovat edelleen tärkeä muuttuja, jota pitää pitää silmällä.

Uusi CME-aukko syntyy, koska viimeinen sulkuhinta on 18115 dollaria. Sellaisena tästä futuurikuilusta tulee todennäköisesti merkittävä piste tuloon tai poistumiseen, minkä vuoksi tällaisista aukoista tulee usein itsensä toteuttavia profetioita ja ne täyttyvät.

Viimeaikaisessa hintatoiminnassa on kaksi avointa CME-aukkoa. Ensimmäinen ei täyttynyt kokonaan, koska ulkona on vielä 17 015 dollaria. Toinen, 18 115 dollaria, luodaan viikonlopun nousevan hintatoiminnan ansiosta.

Ratkaisevia tasoja, jotta voit seurata volatiliteettia

Tärkeät tasot on helppo havaita, kuten kaavio osoittaa. Murtumisvastusvyöhyke on 19400-19 600 dollaria. Tämä on kaikkien aikojen korkean vastuksen vyöhyke ja viimeinen, ennen kuin BTC / USD menee hintatutkimukseen.

Breakout ei kuitenkaan välttämättä takaa jatkamista. Vastusalueen on ensin käännettävä, jotta tuki jatkaisi kilpailua. Muussa tapauksessa väärennöksestä tulee todennäköinen skenaario, kuten tässä artikkelissa kuvataan.

Haittapuolena on, että $ 18,500-18,600: n alue on pidettävä, jotta voidaan asettaa vaihe uusien kaikkien aikojen huippujen testaamiseen. Jos tämä epäonnistuu, mahdolliset 16,00 ja jopa 14 000 dollarin uudelleentestaukset jäävät pöydälle.

Tässä esitetyt näkemykset ja mielipiteet ovat yksinomaan kirjoittajan näkemyksiä ja eivät välttämättä heijasta Cointelegraphin näkemyksiä. Jokaiseen sijoitus- ja kaupankäyntiin liittyy riski. Sinun tulisi tehdä oma tutkimus, kun teet päätöksen.

Bitcoin Weekly Candle „Saved“ po Flash Dump do 17.600 dolarów w zeszłym tygodniu

Bitcoin przeszedł silny spadek w zeszłym tygodniu po szczycie na 19.956 dolarów na przełomie miesiąca.

W zeszłym tygodniu jednak, krypto waluta spadła do 17 600 dolarów.
Ale wraz z nadejściem weekendu, byki Bitcoin odzyskały kontrolę nad rynkiem krypto walutowym.

Rajdy Bitcoinów wracają po zeszłotygodniowym silnym spadku.

Bitcoin przeszedł silny spadek w zeszłym tygodniu po szczycie na 19.956 dolarów na przełomie miesiąca. Krypto waluta spadła aż do 17 600 dolarów na najlepszych giełdach miażdżąc nadzieje wielu inwestorów, którzy spodziewali się, że 20 000 dolarów zostanie złamanych.

Ale wraz z nadejściem weekendu, byki Bitcoin odzyskały kontrolę nad rynkiem krypto walutowym.

W niedzielę rano krypto waluta handlowała jako $19.400 i obecnie handluje za $19.100. To ożywienie pozwoliło na to, aby krypto waluta faktycznie zakończyła się stosunkowo byczą tygodniową świecą.

Chociaż jest to świeca daleka od zielonej, na którą wielu miało nadzieję, była ona lepsza od „niedźwiedziej pochłaniającej“ świecy, która wcześniej zajmowała wykres Bitcoin.

Wielu jest przekonanych, że ruch w kierunku 20.000 dolarów i więcej jest prawdopodobne, tak długo, jak rynek akcji i dolar amerykański zachowują się do pewnego stopnia. Od późnego czasu nastąpiło jednak oddzielenie BTC od tradycyjnych rynków, co może jeszcze bardziej zwiększyć BTC.

Podstawy Lepsze niż kiedykolwiek

Bycze odwrócenie widziane na wykresie Bitcoina przychodzi, ponieważ podstawy wiodącej kryptokuranty stały się pozornie bardziej wyraźne niż kiedykolwiek.

Paolo Ardoino, CTO na Bitfinexie, powiedział niedawno, że sprawa byka BTC zmusi globalnych zarządzających aktywami do „odpowiedniej rekalibracji ich portfeli“ zgodnie z BTC:

„Żadna ilość cynizmu, niedowierzania czy nawet fantastycznego myślenia nie może przesłonić przekonującej sprawy Bitcoina“, powiedział. „Zarządzający aktywami na całym świecie będą nadal odpowiednio dostosowywać swoje portfele.“

Jak powiedział, inwestorzy instytucjonalni wykazali ogromne zainteresowanie Bitcoinem.

MicroStrategy pozyskała ostatnio 650 milionów dolarów od inwestorów instytucjonalnych, którzy chcą pozyskać ekspozycję na BTC i waluty kryptograficzne jako całość:

„MicroStrategy szacuje, że wpływy netto ze sprzedaży obligacji wyniosą około 634,9 mln USD, po odliczeniu wstępnych rabatów i prowizji nabywcy oraz szacunkowych kosztów ofertowych płatnych przez MicroStrategy. MicroStrategy zamierza inwestować wpływy netto ze sprzedaży obligacji w bitcoin zgodnie ze swoją polityką rezerwy skarbowej w oczekiwaniu na określenie potrzeb w zakresie kapitału obrotowego i innych ogólnych celów korporacyjnych“, ogłosiła niedawno MicroStrategy.

Jako że amerykańskie służby ds. biznesu zadeklarowały, że pozyskają 400 mln USD, zwiększony rozmiar rundy wskazuje na silne odwrotne zapytanie inwestorów instytucjonalnych o możliwość przejęcia ekspozycji na Bitcoin.

Może to również pokazać, że koszt pieniądza jest obecnie bardzo niski ze względu na łatwą politykę pieniężną.

Binance is accused of doing everything to evade US regulation, CZ denies it

Uncle Sam has his eye on Binance – Forbes magazine is said to have found documents that describe Binance’s strategy to minimise the impact of US regulation. In particular, it would allow American investors to use the international version of the platform.

Binance US and the tai chi-chuan path

In the document, presented by Michel del Castillo for Forbes, Binance US is represented by an entity named Tai Chi. This branch would allow Binance to lure US regulators.

Tai Chi-Chuan is a Chinese martial art based on energy control. It favours flexibility and dynamism rather than brute force. CZ and its associates would have created the US branch to do the round back, while allowing American traders to go to their main platform.

Harry Zhou, an entrepreneur formerly employed by the firm, would have created this document. Binance’s director of mergers and acquisitions, Jared Gross, would then have presented it to Changpeng Zhao in the last quarter of 2018.

The presentation consists of four chapters, entitled „Objective“, „Proposed Corporate Structure“, „Regulatory Engagement Plans“ and „Long Term Licensing Plans“.

Binance US, a decoy?

Binance would have wanted to minimise the impact of US regulations and controls. To do so, its strategy would rely on distracting US regulators. We are talking about those over-powerful entities that are :

  • the Financial Crimes Enforcement Network (FinCEN) under the Treasury Department;
  • the Office of Foreign Assets Control (OFAC);
  • the Securities and Exchange Commission (SEC);
  • the Commodity Futures Trading Commission (CFTC);
  • and finally, the New York Department of Financial Services (NYDFS).

Binance is headquartered in the Cayman Islands. Through the aforementioned arrangement, Binance US revenues are redirected to Binance, while at the same time „isolating it from US regulations“. Binance would also have planned to engage with US regulators to obtain its Money Service Business licence, but would expect to fail.

Binance would then have joined a number of organisations in order to show its white paw, for example :

  • self-regulatory associations, such as the Winklevoss Virtual Commodity Association;
  • the Digital Chamber of Commerce;
  • the Chicago Defi Alliance;
  • the Blockchain Association founded by Coinbase.

Binance has participated in several financial monitoring programs, such as the Cornerstone Program of the Department of Homeland Security (DHS).

The firm is also a client of CypherTrace, a company specializing in on chain surveillance. It is the only one that can analyze Binance Chain transactions and has the SEC as a client.

The author of the article accuses Binance of recommending that US traders use VPNs to bypass financial monitoring. Highly leveraged derivatives, one of the reasons for its success, are not available on its US version.

Forbes supports these statements by the fact that the trading volume on Binance US (18.7 million daily) is derisory compared to the volumes of its main platform (10+ billion).

Changpeng Zhao’s response

Michel del Castillo’s paper, published by Forbes, is written in an accusatory tone. At the end of the article, he even implies that Binance is promoting money laundering. The famous document is also said to be circulating among several law firms, the FBI and the IRS.

An hour after the article was published, Changpeng Zhao formally denied the accusations. The document was allegedly not written by a Binance employee. It states that Binance US is in no way a decoy to circumvent US surveillance.

„We do not admit to having produced the alleged document. Anyone can produce a strategy document, but that does not mean that Binance is following these recommendations. »

„Binance has always operated within the limits of the law […] and approached each jurisdiction with appropriate licenses. …] We work closely with many of the world’s leading regulators. »

The CEO of the world’s largest crypto exchange platform therefore denies these accusations outright. In any case, the strategies described there are in fact not illegal. The legal structure is advantageous for Binance but perfectly legal.

These revelations are likely to catch the eye of the US financial regulatory agencies. And we know that they are not soft on those who brave the prohibitions. Indeed, the BitMEX team has recently had the bitter experience of this.

Google talks about blow with Bitcoin

The scripts that mined bitcoin are automatically blocked by Google Chrome.


In the latest Google podcast, three experts from the search giant commented on a type of scam involving Bitcoin. On the topic of injecting scripts into the browser, they said it is not possible to use Google’s infrastructure to mine bitcoin.

The podcast Search Off the Record happens monthly and several experts talk about news from the world’s most popular search engine. The last edition was aired last Thursday (22).

Martin Splitt, Google’s developer, said they had already faced challenges when malicious people injected scripts into several sites to mine bitcoin, but according to him, it is no longer possible to do that.

You can’t mine bitcoins in our infrastructure. I know people have tried and we are aware of that.

That was a problem, that was a challenge. People
they thought „let’s add this malicious script to people’s website“. I mean, it’s an easy money scam, if you infected a lot of websites and injected that malware, why not inject a JavaScript based bitcoin WebGL miner?


The scripts that mined bitcoin are automatically blocked by Google’s browser, Chrome, as well as other „scripts“ or extensions considered unsafe, such as the popular Flash and Java.

Although malicious bitcoin mining is not very common these days, either by native browser blocking, or by abandoning the scammers – who no longer make a profit by mining Bitcoin – there are another 7,000,000 crypto coins and several scripts that have mined some of these digital coins.

Recently a survey revealed that some of the world’s largest sites were infected with cryptojacking (cryptomime miners). These miners do not infect users‘ computers, but the site itself, which runs the malicious script without the user knowing. This is the script that Google Chrome automatically blocks, according to the recent podcast