🆕🆕 Uruguay Adopts Cryptocurrency Law

Uruguay has passed a cryptocurrency law after more than two years of discussions. President Luis Lacalle Pou signed Law 20.345, which regulates the use of Bitcoin and other cryptocurrencies. The Central Bank of Uruguay will become the main regulator of virtual asset service providers (VASPs), issuing them licenses based on legality and appropriateness. Changes will also be made to anti-money laundering and counter-terrorism financing regulations to include oversight of cryptocurrencies.

✏️ The law reforms existing securities legislation by introducing the concept of decentralized securities, which will be issued and traded using distributed ledger technology. The adoption of this law places Uruguay alongside countries such as Venezuela, Brazil, Argentina, and El Salvador, which have already incorporated cryptocurrencies into their legal frameworks.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

💸💸 QCP Capital: The Conflict Between Israel and Iran Won't Stop Bitcoin's Growth

Experts at QCP Capital analyzed the impact of the geopolitical situation on the cryptocurrency market and predict that Bitcoin will rise to $110,000 by the end of the year, despite the escalation of the conflict between Israel and Iran. In the short term, Bitcoin may drop to $55,000 but will recover afterward. The current correction led to a 4% decline, with Bitcoin finding support at $60,000.

💱 According to analysts, Bitcoin's rally will be supported by the People's Bank of China's policy, interest rate cuts by major central banks in developed countries, and actions by the U.S. Federal Reserve. Bitcoin could outpace stock market growth rates, although its dominant position in the industry may decrease.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

✏️✏️ Ripple Receives Approval for Expansion in Dubai

Ripple, a provider of digital asset infrastructure, has received preliminary approval from the Dubai Financial Services Authority (DFSA) to expand its operations from the Dubai International Financial Centre (DIFC). This will enable Ripple to offer seamless cross-border payment services in the United Arab Emirates and strengthen its status as a regulated organization on the global stage. The DFSA approval will provide access to a broader client base by offering enterprise-level digital asset infrastructure.

🛍 Salmaan Jaffery, Chief Business Development Officer at DIFC, expressed satisfaction with Ripple's expansion plans and its commitment to adhering to strict regulatory standards. With this approval, Ripple adds to the more than 55 licenses it already holds worldwide, considering that over 20% of its global client base is located in the UAE. The expansion into this region responds to the growing demand for efficient and cost-effective cross-border payment solutions.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

📌📌 Players Asked to Choose a Token for Rewards in Binance’s Moonbix Clicker Game

The developers of Binance's Moonbix clicker game plan to reward players with cryptocurrencies and have offered a choice between BNB, DOGS, and NOT meme coins. The voting is taking place in the project's Telegram channel, where each token corresponds to a specific emoji. At the time of writing, DOGS is in the lead, with BNB in second place, and NOT receiving the fewest votes.

🎉 The team also announced upcoming airdrops and a surprise campaign, but details are yet to be revealed. The developers emphasized that Moonbix does not plan to release its own token, refuting rumors of its launch.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

💸💸 Ohio Senator Promotes Cryptocurrency Tax Payments with New Bill

Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Known as Senate Bill 317, the legislation requires Ohio to accept digital currencies like Bitcoin and allows state pension systems and universities to invest in cryptocurrencies. Antani emphasized that cryptocurrency is a relevant technology vital for supporting innovation and free enterprise in the state.

🖥 The bill also repeals existing laws that do not account for the use of cryptocurrencies in public payments and investments. It mandates the Ohio tax commissioner to annually approve a list of acceptable cryptocurrencies and requires state investment boards to adhere to performance standards set by investment organizations while considering firms owned by minority and women representatives. Antani noted that Ohio began accepting cryptocurrency for taxes back in 2018, but due to inaction from the State Depository Board, the legislature decided to take action.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

📱📱📱📱📱📱 Main Cryptocurrency News on the Morning of October 3

📌 The payment service MoonPay has integrated the PayPal USD (The payment service MoonPay has integrated the PayPal USD (PYUSD) stablecoin. The coin can be used to pay for orders in all supported countries, except for Canada.) stablecoin. The coin can be used to pay for orders in all supported countries, except for Canada.

💵 MoonPay added support for PYUSD following a strategic integration with PayPal, which was announced by both parties in May 2024. PayPal USD is a dollar-backed stablecoin. At one point, PYUSD's market capitalization exceeded $1 billion, but by September 2024, it had declined to $705 million.

📌 The U.S. Securities and Exchange Commission (SEC) has filed an appeal against the previous court ruling in the case of the cryptocurrency project Ripple. The commissioners believe that the court's decision contradicts numerous precedents and securities laws.The U.S. Securities and Exchange Commission (SEC) has filed an appeal against the previous court ruling in the case of the cryptocurrency project Ripple. The commissioners believe that the court's decision contradicts numerous precedents and securities laws.

✏️ It is worth noting that in August 2024, the court ordered Ripple to pay a fine of $125 million, which is significantly less than the $2 billion requested by the Commission. Previously, in July 2023, a judge ruled that XRP token sales to retail investors were legal. However, the court still considered institutional token sales to be in violation of securities law. The SEC's attempt to reassert its stance did not come as a surprise to the crypto community.

📌 Tron generated record revenue of $577 million in the third quarter of 2024, surpassing Bitcoin and Ethereum in quarterly earnings.Tron generated record revenue of $577 million in the third quarter of 2024, surpassing Bitcoin and Ethereum in quarterly earnings.

According to Tronscan, 74% of the revenue came from staking, while 26% came from token burning. The main increase in income was due to Tron’s entry into the meme coin market and heightened interest in stablecoins.

🥈 The Tron network ranks second in terms of stablecoin volume after Ethereum, controlling nearly 35% of the market. It hosts $62 billion in stablecoins, 98.3% of which is in USDT. Additional revenue growth for the network was driven by the launch of the SunPump meme coin, which brought in $5.4 million since its launch in August.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

Репост:

📉 Middle East Conflict Fears Hit Markets: U.S. Stocks Drop, Bitcoin and Ethereum Plunge

On October 1, 2024, reports that Iran launched missiles at Israel triggered a sharp reaction in global markets. Major U.S. indices, including the Nasdaq Composite, Dow Jones, and S&P 500, closed in the red. Cryptocurrencies also faced pressure, with Bitcoin (BTC) dropping 4.86% to a low of $60,246, and Ethereum (ETH) falling 6.5%. Meanwhile, gold prices rose 1% as investors sought safe-haven assets amid growing geopolitical instability.

🔽 The total cryptocurrency market capitalization fell by 5.59%, reaching $2.12 trillion. BTC and ETH managed a partial recovery by the end of the day, though trading volumes remained low. Rising tensions in the region heightened fears of a potential escalation into a global conflict, boosting interest in safe-haven assets such as gold and silver, both up by 1%.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

💱💱 Robinhood Crypto Launches Crypto Transfers in Europe

Robinhood Crypto has introduced a new feature for European users, allowing them to deposit and withdraw over 20 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USDC. As part of a limited-time offer, users can receive a 1% bonus on deposits. This launch emphasizes self-custody and access to decentralized finance (DeFi), giving customers greater control over their digital assets.

© Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, highlighted that the new feature simplifies access to DeFi and makes self-custody of cryptocurrencies more convenient. In addition to crypto transfers, the platform offers Solana staking, commission-free Bitcoin trading, and high rewards for USDC for European customers.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

📱📱 Bitwage CEO: Stablecoins Have Become a Lifeline for Argentinians

Bitwage CEO Jonathan Chester revealed that 70% of the company’s Argentinian clients receive their salaries in stablecoins, such as USDT and USDC. This helps workers in the context of high inflation, increasing their net income by up to 50%. In 2024, Argentina accounted for $100 million out of the $400 million in payments processed by Bitwage, with a 400% increase in users over the past four years.

🛡 Chester emphasized that stablecoins have become a lifeline for Argentinian remote workers, who prefer to receive payments in digital dollars, allowing them to protect their salaries from inflation. Bitwage facilitates such payments from employers in the U.S., EU, and UK directly to workers' cryptocurrency wallets.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

✏️ Binance Crypto Exchange Receives License to Operate in Argentina

Binance has obtained a full license to operate in Argentina, joining the country’s National Securities Commission’s registry of virtual asset service providers. This is the exchange's 20th registration with global regulators, allowing Argentinians to freely use the platform for cryptocurrency transactions. Binance's representative in Latin America, Guilherme Nazar, emphasized that Argentina has always been a key market for the company, and the exchange will continue to work closely with authorities for the sustainable development of the industry.

🚨 On September 27, Binance founder Changpeng Zhao was released from prison after serving time for violating anti-money laundering laws. By court ruling, Zhao is permanently banned from managing the exchange, and it is now led by Richard Teng.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

📱📱📱📱📱📱 Main cryptocurrency news for the morning of October 2

📌 MHC Digital and Circle have entered into a partnership to expand access to the MHC Digital and Circle have entered into a partnership to expand access to the USDC stablecoin in the Asia-Pacific region. This was reported by the founder of MHC Digital in an interview with the Australian Financial Review. stablecoin in the Asia-Pacific region. This was reported by the founder of MHC Digital in an interview with the Australian Financial Review.

📣 MHC Digital plans to offer institutional investors in Australia and the Asia-Pacific region access to USDC through over-the-counter trading services. The company's founder, Mark Carnegie, said he aims to convince Australian pension funds to use USDC to save on currency transaction fees. Representatives from Circle also see great potential in the region, as its population shows interest in digital financial instruments.

📌 A resident of Indiana has pleaded guilty to stealing more than $37 million in cryptocurrency, according to the prosecution.A resident of Indiana has pleaded guilty to stealing more than $37 million in cryptocurrency, according to the prosecution.

🔗 21-year-old Evan Light pleaded guilty to charges of conspiracy to commit fraud and money laundering. He participated in a cyberattack on an investment firm in South Dakota, during which personal data and cryptocurrency were stolen from nearly 600 people. Light used mixers and gambling sites to hide the traces of the stolen funds. He now faces up to 20 years in prison for each charge.

📌 Tron founder Justin Sun received $8.75 million as part of an airdrop of EIGEN tokens, according to Arkham Intelligence. The EigenLayer platform lifted restrictions on trading the tokens on Tuesday. Tron founder Justin Sun received $8.75 million as part of an airdrop of EIGEN tokens, according to Arkham Intelligence. The EigenLayer platform lifted restrictions on trading the tokens on Tuesday.

💸 Sun received the tokens as part of the second season of EigenLayer's airdrop, during which 86 million EIGEN were distributed. The coins were initially non-transferable or sellable, but after the restrictions were lifted, holders were able to trade them on exchanges. Earlier, BeInCrypto editorial discussed why Bitcoin is expensive and whether it is possible to get BTC for free.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

👀👀 Former Chinese Vice Minister of Finance Calls for Cryptocurrency Research Amid U.S. Policy Changes

Zhu Guangyao, former Vice Minister of Finance of China, has urged the country to continue research into cryptocurrencies, noting that they are an important aspect of the development of the digital economy. He stated that despite the negative consequences of cryptocurrencies, such as risks to the capital market, it is essential to study international changes and policy adjustments.

💱 Guangyao emphasized that the U.S. previously took a negative stance on cryptocurrencies, viewing them as tools for money laundering and financing terrorism. However, with the recent approval of exchange-traded funds (ETFs) based on Bitcoin and Ethereum, U.S. policy has shifted, and cryptocurrencies have become more widespread.

Although cryptocurrency trading and mining remain banned in China, interest in them has increased amidst economic downturns and government stimulus measures aimed at reviving the economy.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

🚨 Donald Trump Accused of Promoting a Crypto Scam

Donald Trump has claimed that cryptocurrency through the DeFi project World Liberty Financial (WLFI) will help him "make America great again." The project, launched on September 16, 2024, on the Ethereum platform, aims to combat inequality in access to banking tools. WLFI will be managed by Trump's son, Barron Trump. The native token, WLFI, will grant holders voting rights but will not be freely tradable.

📣 Despite Trump's support, the crypto community has reacted ambivalently to the initiative. Many view WLFI as another scam, criticizing the project for its lack of originality and transparency. Critics have also reminded Trump of his past negative comments about cryptocurrencies, which has led some to question his genuine support for the crypto industry.

Nevertheless, Trump continues to promote WLFI, asserting that the project will help make the U.S. the world's crypto capital. While support within the crypto community remains weak, a few supporters believe WLFI could positively impact the country's economy.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

🔽🔽 Japan to Revise Cryptocurrency Regulations, Possibly Reducing Tax Burden

Japan is preparing to review its cryptocurrency regulations, which may lead to a reduction in taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether the current Payment Services Act provides sufficient investor protection. This review could reclassify cryptocurrencies as financial instruments under investment law, potentially strengthening investor protections and leading to significant changes, according to Bitbank analyst Yuya Hasegawa.

🛍 Industry leaders hope to lower the tax on cryptocurrency income from the current 55% to 20%, aligning it with taxes on other assets such as stocks. Japan’s strict regulations were introduced in response to past incidents, including the Mt. Gox hack and recent security breaches on the DMM Bitcoin platform.

Despite the strict rules, trading volumes on local exchanges are recovering, with the monthly volume approaching $10 billion in 2024. Major companies like Sony and Mitsubishi UFJ Financial Group are also exploring blockchain and stablecoin opportunities.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

✏️ Binance Crypto Exchange Receives License to Operate in Kazakhstan

Binance Kazakhstan has become the first cryptocurrency exchange to receive a license in Kazakhstan to provide a full range of services related to digital asset trading. The Astana Financial Services Authority has granted the exchange permission to offer virtual currency custody services, manage a trading platform, and perform broker-dealer functions.

✔️ The Binance Kazakhstan application was approved following thorough inspections, including a financial audit and an assessment of anti-money laundering mechanisms. The exchange's activities fully comply with regulatory requirements.

Binance's Head of Regional Markets, Vishal Sachindran, called Kazakhstan an innovative hub in Central Asia and noted that the country is ideal for virtual currency trading due to its advanced regulatory measures. It is expected that digital asset turnover in Kazakhstan will nearly double this year, reaching $104.4 million.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

📱📱📱 Main Cryptocurrency News of the Morning of October 1

📌📌📌 A court has ordered Rivetz and its CEO, Steven Sprague, to pay compensation for the sale of unregistered securities amounting to $18 million during an ICO. This information came from a Massachusetts court ruling on a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). A court has ordered Rivetz and its CEO, Steven Sprague, to pay compensation for the sale of unregistered securities amounting to $18 million during an ICO. This information came from a Massachusetts court ruling on a lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

🗓 Rivetz is a blockchain hardware development company. In 2017, the company sold RvT tokens to more than 7,200 investors, a third of whom were in the U.S. Judge Mark Mastroianni concluded that, according to the Howey Test, the tokens represented illegal investment contracts. The SEC and Sprague must propose remedial measures by October 22.

📌 The Ethereum Foundation has sold The Ethereum Foundation has sold ETH worth over $10 million in 2024, reports Lookonchain. The organization has faced criticism for large transfers and demands for greater transparency. worth over $10 million in 2024, reports Lookonchain. The organization has faced criticism for large transfers and demands for greater transparency.

🛍 According to Lookonchain, the Ethereum Foundation recently sold 100 ETH for $263,000, bringing the total amount of ETH sales this year to 3,766 ETH ($10.46 million).
The community criticized the foundation for significant transactions, including the transfer of 35,000 ETH to the Kraken exchange in August. Ethereum co-founder Vitalik Buterin noted that the company spends about 15% of its remaining funds annually. The Ethereum Foundation is expected to publish a financial report soon, which will reveal the organization’s expenses.

📌 The cryptocurrency exchange Gemini will close all client accounts in Canada by the end of 2024. Users have been notified that they must withdraw their funds within 90 days. The cryptocurrency exchange Gemini will close all client accounts in Canada by the end of 2024. Users have been notified that they must withdraw their funds within 90 days.

✏️ Gemini, founded by the Winklevoss brothers, informed Canadian clients via email on September 30 that all accounts will be closed by December 31. The decision is related to new requirements for cryptocurrency platforms from the Canadian Securities Administrators (CSA). The regulator has required companies to sign a preliminary agreement to continue operating in the country. Earlier, Gemini attempted to legalize its position, but the company failed. As a result, the platform's team, following other major exchanges such as Binance and Bybit, announced its withdrawal from the Canadian market.

📱 P2E Games | 💱 Binance | 💱 ByBit | 💱 BingX

👀 Review on MemeFi Coin

This is a simple idle game where you need to tap to deal damage to your enemies! Coins are in-game rewards exchangeable for something really cool later.

💬 The System?

1 Tap 📲 = -1 Enemy Health ❤️ = -1 Energy⚡️ = +1 Coin 💰

👍 Health

Enemies have got health. You need to exhaust their health to take them out.

⚡️ Energy

Taps decrease your energy. You can't click more than 1000 times in a row! Once you stop your energy will start to regenerate.

🔼 Levels

After you kill a boss you can go for a stronger one! Click on the boss name to learn more about enemies and their stats or choose a new one.

🎉 Rewards

You do not only get rewards tapping. Kills get you a specific prize in coins. Find the prizes for bosses of different levels by tapping on the boss name.

🔗 Squads

Soon you'll manage to team up with frens!

🔼 Boosters

Progress fasters with boosters!

FREE BOOSTS: Deal 10 times more damage with Turbo and replenish your energy with Recharge!

PAID BOOSTERS: Apply boosters to permanently upgrade your Damage, increase Energy Cap and Recharging Speed. And the Tap Bot will do all the work for you!

✉️ Invite

Choose "Referral System" to learn more about invites!

⬇️⬇️⬇️
👉👉👉PLAY HERE👈👈👈

📱 P2E Games | 💱 Binance | 💱 ByBit

🗓 October Calendar: Zcash Anniversary and Bitcoin White Paper

At the end of September, ForkLog magazine prepared its traditional calendar of important events for the next month.

🔤 October 10 — Release of the Consumer Price Index and inflation data in the US.

🔤 October 22-23 — International forum Blockchain Life 2024.

🔤 October 27 — Shutdown of the Vega Protocol blockchain and the VEGA token.

🔤 October 28 — 8th anniversary of Zcash launch.

🔤 October 31 — 16th anniversary of the publication of the Bitcoin white paper.

📱 P2E Games | 💱 Binance | 💱 ByBit

📱 TON-Based Hamster Kombat Token Drops 42% in 3 Days

On September 29, 2024, the cryptocurrency asset Hamster Kombat (HMSTR), backed by TON, fell by 14% against the US dollar, just three days after its market debut. Initially trading at $0.009993 per token, HMSTR has since lost over 42% of its value. On Sunday, the price dropped to $0.005613, marking a new all-time low. The token is still facing significant sell-offs after a 30% drop on its first day of trading on major exchanges.

📱 Hamster Kombat is a blockchain-based game on TON through Telegram, where players earn HMSTR by clicking on digital hamsters. These coins can be used for upgrades and participating in mini-games. Currently, 64,375,000,000 HMSTR are in circulation, and the token's market capitalization stands at $365 million. Binance is the leading exchange for this cryptocurrency, with a global trading volume of $248 million in the past 24 hours.

Most tokens are concentrated in the hands of five major wallets, controlling 93.95% of the total supply. The largest wallet holds 61.36%, while the second-largest, belonging to Binance, controls 14.36% of all HMSTR.

📱 P2E Games | 💱 Binance | 💱 ByBit