Crypto Regulation to Increase Following FTX Collapse: Mark Moss

• Mark Moss, CEO of Market Disruptor, predicts that significant regulation is coming to the cryptocurrency industry following the collapse of FTX.
• Moss believes that future cryptocurrency bull runs won’t happen and that most cryptocurrency assets will be regulated as securities in the future.
• However, Moss believes that Bitcoin will endure as it is “solving a problem that has plagued humanity from Day One.”

Mark Moss, the CEO of Market Disruptor, recently spoke to Michelle Makori, the lead anchor of Kitco News and the company’s editor-in-chief, about the cryptocurrency industry and bitcoin (BTC). He believes that the recent FTX collapse has accelerated the coming of regulation, and he thinks that most cryptocurrency assets will be regulated as securities in the future.

Moss explained that the U.S. Securities and Exchange Commission’s (SEC) charges against FTX co-founder Sam Bankman-Fried define FTX’s exchange token, FTT, as an unregulated security. He also mentioned how a New Hampshire court sided with the SEC in the lawsuit against LBRY, and LBRY said the language used to sway the court’s decision “sets an extraordinarily dangerous precedent.”

The Market Disruptor executive and author of the ​​”The Un-Communist Manifesto” believes that deeming most crypto tokens as securities will likely force projects to create full disclosures for investors. He said that “Imagine Ethereum going through full disclosure. Who created the token? How many [coins] are controlled by insiders?”

Moss also predicted that future cryptocurrency bull runs probably won’t happen, but he believes that Bitcoin will continue to see demand as it is “solving a problem that has plagued humanity from Day One.” He believes that the cryptocurrency industry will be subject to significant regulation in the near future and the challenges associated with this will be overcome.

BMW Partners With Coinweb to Introduce Blockchain-Based Tools!

• BMW, the German car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations.
• These tools include a smart contracts platform to streamline financing processes, and a blockchain-based loyalty program to reward customers.
• Binance’s BNB Chain will be used as the anchor chain for these transactions due to its performance-to-cost ratio.

The luxury car manufacturer BMW has recently announced a partnership with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. This alliance will bring the advantages of decentralized ledger technology (DLT) to the automotive company, with the objective of streamlining different processes that need to be completed for the financing of BMW-branded vehicles.

The development of the smart contracts platform would encompass the implementation of an Anti Money Laundering (AML) & Know Your Customer (KYC) tool, adapted to the regulations of Thailand, where the project will take place. This system will help the car manufacturer to improve its efficiency, reduce costs and mitigate risks in the operations related to vehicle financing.

Additionally, this partnership also contemplates the creation of a blockchain-based loyalty program to reward customers of the brand with products and services, assigning a rank to each customer directly related to their rewards accumulation.

To ensure the reliability of the transactions, Coinweb will use Binance’s BNB Chain as the anchor chain due to its performance-to-cost ratio. However, the transactions could be broadcasted to other blockchains if needed, providing flexibility to the system.

The introduction of DLT-based tools is a part of BMW’s strategy to bring the most advanced technologies to the automotive sector, and to offer superior services to its customers. The company is confident that this alliance with Coinweb will help to further improve its processes, and to establish an innovative loyalty program that will reward its customers for their loyalty.

Venezuela Working to Monitor Crypto-Related Transactions to Protect Bolivar Value

• Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the currency exchange market.
• The Venezuelan government is aiming to monitor the the movements of crypto-based P2P exchanges to protect the value of the bolivar.
• More than 75 bank accounts have been blocked due to suspicious activity related to cryptocurrency transactions since the end of 2021.

As the cryptocurrency industry continues to grow, governments around the world are taking steps to keep up with the changing digital financial landscape. In Venezuela, the banking watchdog Sudeban is working on a system to monitor crypto-related transactions to protect the value of the national currency, the bolivar.

The organization has stated that its goal is to “fight the irregular practices that attack our currency and the stability of the exchange market.” To this end, they are designing a system that can review crypto-based transaction in real-time, with the help of Sunacrip, the national cryptocurrency regulator. The aim is to monitor the movements of peer-to-peer (P2P) crypto exchanges and the U.S. dollar – Venezuelan bolivar exchange rate, which analysts have linked to the recent cryptocurrency drought in the country.

In addition, more than 75 bank accounts have been blocked due to suspicious activity related to cryptocurrency transactions since the end of 2021, as reported by Legalrocks, a national financial information website. This is part of the government’s efforts to clamp down on illegal activities associated with cryptocurrencies and protect the value of the bolivar.

The Venezuelan government is clearly taking steps to ensure that the cryptocurrency industry does not have a negative impact on their economy. While the country has been hit hard by the global pandemic, the government’s efforts to protect the value of the bolivar are a positive sign that they are taking the industry seriously and looking to safeguard the stability of the currency.

Ethereum Transitions to PoS, Burns $8.78B in Value

• Ethereum has transitioned from proof-of-work (PoW) to proof-of-stake (PoS) and in the 105 days since, 4,790.45 ether or $5.7 million in value has been added to the supply.
• Ethereum’s current issuance rate of new coins per annum is 0.014%, a stark contrast to the simulated PoW inflation rate of 3.58% per year.
• To date, 2,795,773 ether or $8.78 billion in U.S. dollar value has been burned by destroying ETH since the Aug. 5, 2021 London Hard Fork.

Since the launch of Ethereum in late July 2015, the blockchain network has gone through numerous changes and improvements. In September of 2022, Ethereum transitioned from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) network. This transition has allowed for a more secure, efficient, and decentralized blockchain network that has seen significant growth since its transition.

According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on Sept. 15, 2022. This is in stark contrast to what it would have been if Ethereum was still a PoW chain, with a simulated inflation rate of 3.58% per year. That would have been approximately 1,247,674.60 ether added to the supply by 10:15 a.m. (ET) on Dec. 29, 2022, instead of $5.7 million in value added.

In addition to the lower issuance rate, Ethereum also has a burn mechanism, in which ether is destroyed and taken out of circulation. To date, 2,795,773 ether or $8.78 billion in U.S. dollar value has been burned by destroying ETH since the Aug. 5, 2021 London Hard Fork. According to Dune Analytics, the biggest leader in terms of the number of ETH burned is tied to the Ethereum Improvement Proposal 1559.

The transition to the PoS consensus algorithm has been the biggest milestone for the Ethereum network since its inception. The lower issuance rate and burn mechanism have contributed to the network’s overall security and efficiency, and have further cemented Ethereum as one of the most trusted blockchain networks in existence. With the number of validators set to exceed 500,000 in 2023, the Ethereum network is sure to become even stronger.

Kraken Exits Japan, Withdraw Funds Before Jan. 31 to Avoid Losses

• Kraken will cease its operations in Japan and deregister from the Financial Services Agency (JFSA) as of January 31, 2023.
• All affected clients have until Jan. 31 to withdraw their fiat and crypto holdings, the announcement adds, noting that deposit functionality will be removed on Jan. 9.
• The crypto market has suffered significantly this year, with bitcoin falling more than 65% year-to-date.

Kraken, one of the world’s leading cryptocurrency exchanges, has decided to shut down services in Japan due to the current Japanese market conditions and a weak global crypto market. According to the company, the resources needed for further growth in Japan are no longer justified.

The decision to exit the Japanese crypto market is part of the company’s efforts to prioritize resources and investments in areas that align with the company’s strategy and will best position Kraken for long-term success. Kraken has informed all affected clients that they have until January 31st to withdraw their fiat and crypto holdings, and that deposit functionality will be removed on January 9th. The company is also fully funded to ensure all affected clients can withdraw their assets in a timely manner.

The global crypto market has been in a state of flux this year, with Bitcoin falling more than 65% year-to-date. This has had a knock-on effect on many cryptocurrency companies, with several filing for bankruptcy, including FTX, Three Arrows Capital (3AC), Voyager Digital, and others. Other exchanges have also had to make tough decisions, with Kraken being the latest to make the decision to exit the Japanese market.

Kraken’s exit from Japan is yet another sign of the instability of the crypto market and the need for companies to carefully plan their strategies in order to ensure long-term success. It is also a reminder of the importance of diversifying investments and not putting all one’s eggs in one basket. With the crypto market in a state of flux, investors must be vigilant and ensure that their crypto portfolios are well-diversified to minimize losses.

Argentine Senate Discusses Crypto Regulation to Protect Investors

• The Argentine Senate is discussing a project to regulate the way individuals and organizations promote cryptocurrency.
• The objective of this project is to educate consumers on the dangers of investing in crypto and to protect them from investing in crypto Ponzi schemes.
• The meeting proposed that any crypto-related publicity would have to include slogans explaining the risks that such investments carry.

The Argentine Senate is currently discussing a project that aims to regulate the way in which individuals and organizations promote cryptocurrency. The main objective of this project is to provide consumers with the necessary education to understand the potential risks associated with investing in cryptocurrency, as well as to protect them from being scammed by Ponzi schemes.

The meeting, which saw the presence of Sebastian Negri and Martín Breinlinger, members of the Argentine Securities Commission, presented several cryptocurrency schemes that had promotion and advertising through different media. It was proposed that any crypto-related publicity should include slogans and warnings that explain the risks that such investments carry.

Senator Eduardo Andrada and others spoke in favor of the project, arguing that it would provide potential investors with the necessary information to make an informed decision. Negri emphasized the benefits that the approval of such a law would bring to potential investors, stating “With the rise of Bitcoin from 10,000 to 69,000 dollars, what they did was promise people that the profitability that occurred the previous year would continue, and this is not the case.”

Meanwhile, other senators and attendants had different views regarding the project, arguing that it could be interpreted as an implicit endorsement of cryptocurrency investments, and that it could potentially lead to an increase in the number of scams.

The discussion is still ongoing, and it is yet to be seen if the project is approved and implemented. If it is, it will be a step forward in providing more protection to consumers and helping to prevent the spread of fraudulent cryptocurrency schemes.

Gumi, Square Enix, and SBI Holdings Enter Strategic Alliance to Tap Into Metaverse

• Japanese mobile gaming company Gumi has entered a strategic alliance with Square Enix and SBI Holdings, issuing new stock valued at $52.7 million dollars.
• The alliance will give Gumi access to the financial and content creation experience of its partners, allowing it to pivot towards digital immersive entertainment and the metaverse.
• Gumi’s target is to make the metaverse business a second earnings pillar in addition to its current mobile online game business.

The gaming industry has seen a tremendous growth in recent years, with more and more companies looking to include immersive elements in their games. One such company is Gumi, a Japanese mobile gaming company that has just announced a capital and business alliance with Square Enix and SBI Holdings.

The three companies have entered into the alliance in order to build new business opportunities around the metaverse. The deal includes the issuance of new shares valued at $52.7 million, which will give SBI Holdings a 22.46% stake in the company and make it the top shareholder. Square Enix will have a marginal stake of 3.01%.

Gumi’s target is the metaverse, and the funds raised will be invested to grow this new metaverse business “at an even faster rate than ever before.” As part of the alliance, Gumi will also have a platform to list the tokens it wants to issue as part of its future game strategy.

The alliance will give Gumi access to the financial and content creation experience of its partners, allowing it to pivot towards digital immersive entertainment and the metaverse. The company has declared that it is working to make the metaverse business a second earnings pillar in addition to the mobile online game business, which is the current mainstay of earnings.

Gumi is looking to capitalize on the growing interest in the metaverse and virtual worlds, and the alliance is part of its strategy to do so. By partnering with Square Enix and SBI Holdings, Gumi will be able to gain access to their experience and resources, allowing it to expand its offering and create new opportunities.

The alliance is an important step for Gumi and its partners, as it marks the beginning of a new journey for the company. The funds raised will be invested in the metaverse business, allowing Gumi to grow its offering and create new opportunities. It will be interesting to see how the company’s move towards digital immersive entertainment and the metaverse will affect the gaming industry in the future.

BitQS Erfahrungen im Test

Wie man vor allem bei diversen Finanzdienstleistern beobachten konnte, steigen die Preise für Bitcoin und andere Kryptowährungen seit ihrer Implementierung am Finanzmarkt stetig an. So hatten diese im Dezember 2017 mit 20.000 US-Dollar pro Bitcoin ihren bisherigen Höhepunkt und sind noch immer die Grundlage für die Suche nach einer Vermögensmehrung mit Kryptowährungen vieler Investoren.
Durch den Börsenerfolg des Bitcoin ist die Beliebtheit von Trading-Bots in der Vergangenheit stark gestiegen. Eine Plattform, die hierbei große Gewinne verspricht, ist BitQS. Mit dieser haben bereits zahlreiche Kunden aus der ganzen Welt hohe Erträge erzielt.


Worum handelt es sich bei BitQS?
Mit BitQS kann jeder, der mit Bitcoins Geld verdienen will, ganz einfach und ohne großen Aufwand mit der Kryptowährung handeln. So ist BitQS eine Trading-Software, die den Kryptomarkt beobachtet und stetig sowie automatisch alle notwendigen Analysen für den Handel mit Bitcoin vornimmt. Dadurch muss sich der Nutzer nicht mehr mit zumeist zeit- und nervenaufreibenden Marktanalysen befassen, sondern kann die Software für sich arbeiten lassen.
Dabei arbeitet BitQS mit modernen Trading-Algorithmen, welche den Kryptomarkt nach bestimmten Kriterien prüft und dabei anzeigt, wann sich mit einem Handel Gewinne erzielen lassen. Damit eröffnet die Software ihrem Nutzer den Zugang zu eben jeden Trading-Strategien, die anderen Investoren bereits hohe Gewinne verschafft haben.

Die Funktionsweise und wichtige Features

### Kennzahlen ###

Wer verbirgt sich hinter BitQS?
Wer sich konkret hinter der erfolgreichen Software versteckt, konnten wir nicht herausfinden. Allerdings erscheint der Entwickler irrelevant, da die Seriosität der Plattform durch stetig wachsende Kooperationen mit bekannten Brookern sichergestellt wird.
Der nachgewiesene Erfolg von BitQS als wahrer Spitzentechnologie kann nur darauf beruhen, dass seine Erfinder Spitzenexperten für Computerprogrammierungen sind und sich auch gleichzeitig in der Finanzwelt bestens auskennen.

### 3 Schritte ###

BitQS – Erfahrungsbericht
Wie viele andere auch wollte ich online etwas Geld dazuverdienen, hatte eigentlich aber nie Zeit dafür – bis ich BitQS entdeckt habe! Dank dieser Plattform verdiene ich inzwischen fast genauso viel wie mit meinem normalen Job, obwohl ich nur eine halbe Stunde am Tag für die Pflege meines Accounts benötige. Zuerst konnte ich meinen Erfolg mit BitQS selbst nicht glauben, aber dann hat sich mein Kapital schnell und deutlich erhöht. Daher kann ich für diese Software nur eine deutliche Empfehlung aussprechen!

Vorteile und Nachteile von BitQS
Der einzige Nachteil der Software liegt darin, dass sie nicht alle Kryptowährungen, sondern nur ausgewählte wie Bitcoin, tradet.
Dafür ist die Registrierung eines Benutzerkontos kostenlos. Auch für die Nutzung selbst fallen keine Gebühren an.
Ein weiterer wesentlicher Vorteil von BitQS liegt in der benutzerfreundlichen Anwendung. So ist die Bedienung dank eines übersichtlichen Interfaces einfach und daher auch für Neulinge auf dem Gebiet des Kryptohandels schnell zu verstehen. Zudem ist die Software auch mit mobilen Browsern kompatibel, sodass die Überwachung der Trades auch jederzeit auf dem Mobiltelefon möglich ist.
Zudem punktet die Software auch mit riesigen Gewinnraten. In unseren Tests hatten wir mit durchschnittlich 88 % der Trades Erfolg, sodass BitQS tatsächlich gute Gewinnchancen bietet.
Schließlich wird das mittels BitQS verdiente Geld schnell und dabei regelmäßig innerhalb von 24 Stunden ausgezahlt.

Auf dem Kryptomarkt lässt sich Geld durch das Handeln mit Coins und den dazugehörigen Vermögenswerten Geld verdienen, mit dem man nicht nur zusätzlich finanziell abgesichert ist, sondern auch ein angenehmeres Leben führen kann. Damit jeder die gleichen Möglichkeiten hat, um von den Vorteilen am Kryptomarkt zu profitieren, haben Entwickler Plattformen wie BitQS erschaffen, mit denen es einfach und unkompliziert ist, das Vermögen mittels Kryptowährungen nahezu aufwand- und risikolos zu vermehren. Mit einer Registrierung auf BitQS kannst auch du von diesen Vorteilen profitieren und dein Vermögen einfach vermehren!

Das Verhältnis zu anderen Bots
Hinter BitQS verbirgt sich eine funktionierende und erfolgsversprechende Software, dank welcher Investoren profitabel mit Kryptowährungen handeln können. Im Test schneidet sie deutlich besser ab, als andere Trading-Plattformen. Daher können wir für BitQS ein uneingeschränkte Empfehlung aussprechen.

“Sie sind bei Tor nicht anonym” – Studie zeigt, dass das Datenschutznetzwerk oberflächliche Anonymität bietet

Befürworter des Datenschutzes sind heutzutage zunehmend misstrauisch gegenüber dem Tor-Netzwerk, da kürzlich veröffentlichte Untersuchungen gezeigt haben, dass eine große Anzahl der Exit-Relais des Netzwerks kompromittiert sind. Darüber hinaus veröffentlichte der Hacker Factor Blog am 15. September einen neuen Tor-Bericht, in dem IP-Adressen aufgedeckt werden. Die Zeitung mit dem Titel “Tor 0-day” sagt, dass dies ein offenes Geheimnis in der Internet-Service-Community ist: “Sie sind bei Tor nicht anonym.”

Seit Jahren nutzen viele Befürworter digitaler Währungen Tor und virtuelle private Netzwerke (VPNs), um beim Senden von Bitcoin-Transaktionen anonym zu bleiben .

Das Tor-Projekt wurde vor 17 Jahren im Jahr 2002 veröffentlicht und hat immer behauptet, den Internetverkehr für den Endbenutzer zu verschleiern

Im Wesentlichen nutzt die in C und Python geschriebene Software ein freiwilliges Overlay-Netzwerk, das aus Tausenden verschiedener Relais besteht. Die Grundlagen dieses Netzwerks sollen die Aktivitäten eines Benutzers im Internet verbergen und eine nicht überwachte vertrauliche Kommunikation ermöglichen.

Seit dem Start von Covid-19 und in den folgenden Monaten haben jedoch einige Personen einige von Tors Schwächen aufgedeckt. Eine im August aufgedeckte Tor-Sicherheitslücke ist der großflächige Einsatz bösartiger Relais.

Ein vom Forscher namens “Nusenu” verfasstes Papier besagt, dass 23% der derzeitigen Ausstiegskapazität von Tor derzeit gefährdet sind. Nusenu warnte auch vor Monaten im Dezember 2019 vor diesem Problem und seine Forschung stieß auf taube Ohren. Nach Nusenus Kritik enthält ein weiterer vernichtender Bericht mit dem Titel „Tor 0-Tag“ Einzelheiten darüber, dass IP-Adressen erkannt werden können, wenn sie sich direkt mit Tor verbinden oder eine Brücke nutzen.

Die Zeitung “Tor 0day” betont, dass es so ziemlich ein “offenes Geheimnis” zwischen denen ist, die wissen, dass Benutzer “auf Tor nicht anonym sind”

Die Forschung ist Teil einer neuen Reihe und in einem Follow-up werden Daten veröffentlicht, die “viele Schwachstellen für Tor” beschreiben. Der Hacker beschreibt in Teil 1, wie man “Personen erkennt, wenn sie sich mit dem Tor-Netzwerk verbinden (sowohl direkt als auch über Brücken )” und warum die Angriffe als “Zero-Day-Angriffe” definiert werden.

Darüber hinaus zeigt der Blog-Beitrag dem Leser, wie die tatsächliche Netzwerkadresse von Tor-Benutzern ermittelt werden kann, indem Tor-Bridge-Benutzer verfolgt und alle Bridges aufgedeckt werden . Die Studie zeigt, dass jeder, der das Tor-Netzwerk nutzt, diese Art von Zero-Day-Angriffen sehr misstrauisch gegenüberstehen sollte. Schlimmer ist, dass „keiner der Exploits im Blogeintrag neu oder neuartig ist“, betonte der Forscher. Der Autor des Hacker Factor Blogs zitiert ein Papier aus dem Jahr 2012, in dem ein „Ansatz zur Dekanonymisierung versteckter Dienste“ mit ähnlichen Tor-Exploits genannt wird.

“Diese Exploits stellen einen grundlegenden Fehler in der aktuellen Tor-Architektur dar”, heißt es in Teil 1 der Serie. „Die Leute denken oft, dass Tor Benutzern und versteckten Diensten Netzwerkanonymität bietet. Tor bietet jedoch wirklich nur oberflächliche Anonymität. Tor schützt nicht vor End-to-End-Korrelationen, und der Besitz einer Wache reicht aus, um diese Korrelation für beliebte versteckte Dienste bereitzustellen. “

Is there a risk of a Bitcoin bubble?

Since the beginning of cryptomonies, even when they were not so popular, there have always been people who claim that Bitcoin is a bubble. In this way, they claim that it will eventually burst and collapse from the outside in, as our great “friend” Peter Schiff constantly comments. However, thanks to advances in statistics we can answer the question whether there is really a risk of a Bitcoin bubble.

What does the Bitcoin price story tell us?

Index of the risk of a possible Bitcoin bubble
Thanks to the advances in statistics and mathematics we can try to answer the enigmas that the world throws at us, even if it is the one of cryptomonas. They even function as the basis of the entire financial system as we know it, being the tools of analysts and the foundations of institutions.

Therefore, the same tools that are used to study and understand the behavior of traditional assets can be used with crypto-currencies. In this way, the people of LongHash decided to design publications that would explain how confusing the crypt world is.

Thus was born the “Token Price Bubble Risk”, being an indicator that studies the possibility that a token, like Bitcoin, becomes a bubble. In practical and simple terms, the indicator seeks to measure people’s perception of tokens, such as BTC, ETH, BCH or LTC.

To calculate this estimator, they use as meters the price of the token, the market capitalization and the activity of the portfolios. They chose these variables because they were inspired by Gompertz’s mathematical function, since they allow studying the behavior of a variable, such as the risk of Bitcoin becoming a bubble, based on meters that collect the behavior of agents, being BTC and its followers.

In this way, in the case of BTC, the price of the token, its capitalization and the movements of the users, allow us to observe if Bitcoin is “overvalued” or “undervalued”. Thus, if the indicator’s value is in a range of -0.5 to 0.5, the valuation is stable, outside of that, there are problems.

If you want to know in more detail how this indicator works, we invite you to review the explanation of LongHash, where they include the function of your indicator.

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How is the situation at present?
Once we know how the indicator works, we can try to answer the question whether Bitcoin is currently a bubble. The answer, according to LongHash’s estimates, is no, but it’s pretty close. We can see this in the graph of the situation.

Thus, we can see that the indicator shows that although Bitcoin Loophole is starting to “inflate”, indicating that it is slightly overrated. This can be seen by comparing the orange zone with the pink zone. Also, 0.7 is slightly higher than 0.5.

However, it should also be noted that the trend seems to indicate that Bitcoin is heading towards forming a bubble. In addition, two interpretations of the indicator can be made.

It could be that the market capitalization is higher than it should be, or that there is more activity than it should be. Remember that they measure it by comparing it to the token’s price behavior.

To conclude, we would like to know your opinion about the market situation. Although your indicator shows that we are not witnessing a Bitcoin bubble, what do you think?