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Aave announced the freezing of reserves of the exchange's sole stablecoin BUSD in light of Paxos' move.
Mark Zeller claims that the coin has no chance of developing and that it may harm the project's arbitrage opportunities.
The 26th of February is predicted to be the Doomsday for BUSD on Ave. Which stablecoin will take the place of the coin is yet to be determined.
While crypto-fans are actively playing with the new AI toy for coin predictions, the tech giant announced the launch of its own chat AI service Bard.
The AI will be integrated in the search engine after the testing phase. As for the future, Google plans to create a set of tools and API interfaces for various apps.
Microsoft and the Chinese company Baidu will also join the race and present their artificial intelligence bots.
Just 24 hours after FTX's new CEO, John Ray, announced that the platform could be revived, fraudsters created a fake FTX 2.0 token.
The FTX2.0 scam token is being actively spread among the registered users' wallets, including Justin Sun, KuCoin, and Binance.
Security firm PeckShield reported that the smart contract of FTX 2.0 has a backdoor that allows hackers to steal funds from users' accounts. To participate in the "new airdrop" the users are encouraged to click on a phishing link.
But the worst part is that the token's code allows buying the coin, but prohibits it from being sold. That's why its price has quickly rocketed, causing a wave of FOMO among FTX customers.
The app now displays an up-to-date price chart for nearly all of the Top 50 cryptocurrencies by market cap. However, for some reason, not all are yet visible.
Among those displayed are Tether (USDT), XRP (XRP), Binance USD (BUSD), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Dai (DAI) and Uniswap (UNI).
Among the losers are Polkadot (DOT), Tron (TRX), BNB (BNB), and USD Coin (USDC). Conspiracy theorists and insiders are welcome to comment.
TradingView and Robinhood services are likely to have been involved in the implementation. However, none of these potential Twitter partners have officially confirmed the collaboration. OneCoin co-founder pleads guilty. “Cryptoqueen” still wanted
As a rule, it is a bad sign when you call your investors “idiots” and your coin – “trashy”. Unless you are running a Ponzi Scheme like Karl Greenwood and Ruja Ignatova, the co-founders of OneCoin, with Greenwood pleading guilty to three counts.
Justin Sun, the hype man of the century, is on it again. His Huobi exchange announced the listing of a provocative coin FUD (FTX Users Debt). The developers promise to buy back all the tokens in the future and use these funds to cover FTX's debts.
Amid the announcement, the price of FUD soared by several hundred percent, but it rolled back quickly. There is a probability that the FUD token may become popular. The unknown trader made $55,000 on the RPL listing
Crypto exchange Binance has once again been accused of insider trading. Today, the platform announced the Rocket Pool (RPL) coin listing. Ten minutes before the official announcement, an unknown wallet bought 6,000 tokens worth $200,000. Following the listing announcement, the coin price pumped up amid the news. The profit totaled 25%, or $55,400 











