Top Cryptocurrency News for the Morning of October 7
⬛Bitcoin don start Monday with increase. Di cryptocurrency dey trade for $63,515. Di 24-hour low for Bitcoin na $61,833, and di high na $63,957. Di second-largest cryptocurrency by market capitalization, Ethereum, also don start di day with increase. Di coin dey trade for $2,499.
⚫Among di top 10 most capitalized cryptocurrencies, di best result over 24 hours na Solana (+4.05%). Over di past 24 hours and di week, all di coins, except stablecoins, don drop for price. Di worst result over di past seven days na XRP (-16.45%).
⚫Di U.S. government don file two lawsuits to seize more than $2.67 million in assets wey North Korean hacker group Lazarus steal. Di authorities wan recover about $1.7 million in Tether (USDT), wey dem steal during di hack of di Deribit crypto exchange for 2022, and $970,000 in wrapped bitcoins, wey dem steal during di attack on di Stake.com platform for 2023. Di group don dey suspect before say dem involve for di major hack of di WazirX exchange, wey lose $235 million for July 2024.
⚫A new Ethereum Improvement Proposal (EIP-7781) fit increase di ETH networks throughput by 50%. Di proposal na submit on October 5, 2024, by Illyriad Games co-founder Ben Adams. If dem approve am, network blocks go dey create every 8 seconds instead of 12, wey go also increase di capacity of blobs—a temporary data structure wey dey used to reduce fees on Layer 2 networks.
⚫Di restaking protocol EigenLayer don report say dem steal tokens wey worth $5.5 million. Di attacker intercept di token transfer and take dem. Some of di funds don already dey freeze by law enforcement agencies. According to EigenLayer, di attack happen because dem compromise email correspondence with one of di investors, wey lead to di mistaken transfer of 1,673,645 EIGEN tokens to di attackers address.
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Exchanges dey fear dirty cryptocurrency because e dey connect with illegal activities like money laundering, terrorist financing, cybercrime, hacking, and fraud.
The use of dirty crypto fit bring legal, financial, and reputational wahala for exchanges.
Here be some reasons why dis one be serious matter:
⚫ Legal wahala
Authorities for plenty countries don tighten regulation of cryptocurrency operations and dey require exchanges to follow anti-money laundering and counter-terrorist financing rules. If exchange accept or process dirty crypto, e fit face investigations, fines, or even closure.
⚫ Risk of sanctions
Plenty countries and organizations, like U.S. Office of Foreign Assets Control (OFAC), dey impose sanctions on people and organizations wey dey involved for illegal cryptocurrency transactions. If exchange dey do transactions with crypto wey dey linked to sanctioned individuals or companies, e dey risk make dem sanction am too.
⚫Reputational risks
If exchange dey linked to illegal transactions, e reputation fit suffer well well. If customers no trust dem again, e fit lead to sharp decline for trading volume, user loss, and long-term financial losses.
⚫ Blockage from partner banks and providers
Financial institutions wey dey work with exchanges fit stop cooperation if dem find connection to illegal operations. Dis one fit cause wahala with payment processing and fund withdrawals for customers.
⚫ Automated tracking systems and regulatory pressure
Modern tracking systems, like Chainalysis and Elliptic, fit trace cryptocurrency origins. If exchange dey process dirty crypto, these systems fit alert regulators of suspicious transactions, wey fit lead to freezing of funds or account blocks.
⚫ Deterioration of user experience
If exchange dey suspect user of sending or receiving dirty crypto, e fit freeze the account, wey go cause dissatisfaction among users. Dis one go lead to delays for withdrawals and generally poor user experience.
Boybornblackcryptocurrencyworld
Crypto currency trading
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US spot Ethereum ETF saw a net outflow of $25.4 million this week🔹
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #ETHETFsApproved

Crypto license na regulatory document wey dem dey give to companies or individuals wey dey do work wey concern cryptocurrencies and blockchain technologies, inside the legal framework of one specific country or jurisdiction.
Dis licenses dey regulate operation with digital assets, make sure say market participants dey follow legal requirements and standards for finance, security, and consumer protection.
You fit need crypto license for di following activities:
⚫ Cryptocurrency exchanges — platforms wey go allow users to buy, sell, and exchange cryptocurrencies.
⚫ Cryptocurrency wallets and asset storage — companies wey dey provide secure storage services for cryptocurrencies.
⬛ Crypto payment services — platforms wey dey offer payments for goods and services wey use cryptocurrencies.
⬛ ICOs and asset tokenization — fundraising through token issuance.
⬛ Crypto financial services — lending, collateral operations, and other financial services wey base on crypto assets.
Jurisdictions wey dem dey issue crypto licenses well well include Estonia, Switzerland, Lithuania, Malta, and other countries wey get advanced regulatory frameworks for cryptocurrencies.
Crypto trading
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Tomarket airdrop update: vital details for di listing
#tomarketairdrop
u guys dey ready
tomarket de gear up to launch na much-anticipated $tomato token by di end for october 2024, following di kpatakpata for di second airdrop snapshot, which occurred for early september 2024. Di initial trading price na projected be close to $0. 002, but it fit rise substantially depending for di level for interest and overall demand from users. Dis upcoming listing na drawing attention from both di cryptocurrency and gaming sectors, particularly due go di platform’s innovative blend for blockchain technology and gaming rewards, wia players fit earn and trade actual tokens.
dis launch na essential step for tomarket, positioning di project for di forefront for blockchain gaming integration. Di unique approach na designed to reward active users, making $tomato a potentially valuable asset for di ecosystem. Wit a dedicated user base and increasing buzz, di token fit experience substantial growth, depending on top na reception for di taim for listing.
di strategic shikena! to list $tomato comes for a taim wen plenti users are find tokens wit real utility, especially for di growing intersection for blockchain and gaming. Tomarket's vision aligns wit dis reign, dey offer players a way to monetize dia in-game activities while contribute go broader decentralized economy. Di token’s success go largely depend for di engagement for di community and na adaptability to market trends.
dis listing signifies a crucial moment for tomarket’s roadmap as it broadens na influence and appeal go global audience. As di excitement builds, it's becoming increasingly clear dat dis project fit set para para benchmarks for di fusion for gaming and blockchain.
#tomato #tomatoairdrop #tomarketapp #binancelaunchpoolhmstr

Hold and sell ,hold and sell
Kindly take profits while the market is moving to upward and buy when it's going down ,don't be cut up in between #BinanceSquareFamily #EarnFreeCrypto2024
$BTC $SOL $FARM