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🏖Welcome to the Crypto California Club! 🎉Our team is glad to see you, join us and be aware of the crypto industry! 🚀Best Promotion: @Rachel_Ree 🐻
🦁 Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest.
Restrictions imposed by the Russian state on foreign currency accounts and operations amid Western sanctions have led to a decrease in the volume of savings kept in foreign fiats. Against this backdrop, Russians have been warned they shouldn’t switch to cryptocurrencies.
“We would definitely not want citizens’ savings to be directed to digital currencies,” the head of the Financial Policy Department of the Russian Ministry of Finance, Ivan Chebeskov, stated during the blockchain conference “Finance of the Future: Challenges and Opportunities.”
Chebeskov is convinced that regulated digital financial assets (DFAs) could be a better alternative.
The finance ministry representative added that assets such as cryptocurrencies make sense only for wealthier Russians, not for people with average income and savings, and then only for 10 to 15% of the capital available for investment.
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👑 UAE Hospitality Brand Stella Stays Now Accepts Crypto
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.
The UAE-based hospitality brand Stella Stays now accepts cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s guests can now pay with bitcoin, ethereum, and 35 other cryptocurrencies.
Following the announcement, the company’s CEO and co-founder, Mohannad Zikra, is quoted in one report explaining why Stella Stays has decided to accept digital currencies.
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🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁🥁
Andrew Ng (Google Brain) AI Fund's portfolio company Speechlab is joining $SHAFT to create Agentic accessibility and advanced Crypto AI Trading tools
🖇 Be Appreciated by the Community 🖇
🖇 https://linktr.ee/shaftfoundation 🖇
⬇️ Limited Time Only - Low MC Token Purchase Opportunity ⬇️
💡Unleashing the power of AI to transform lives and unlock the potential of crypto for everyone.💡
💡Использование возможностей ИИ для изменения жизни людей и раскрытия потенциала криптовалют для каждого.💡
💡释放人工智能的力量来改变每个人的生活并释放加密货币的潜力
🔔DEAL ALERT🔔
🏎 Limited Availability - 20% Discount on $SHAFT 📈
💵 Purchase here: https://go.shaft.finance/telegram 💵
Community Telegram: /channel/ShaftFoundation
💯 Our Fair Launch Pledge - Launch Coming Soon 💯
Learn more about Speechlab: https://www.speechlab.ai/
🗞 Recent Press: https://go.shaft.finance/cmcpartnership 🗞
👑 SEC accuses Galois Capital of misleading investors, custody failures
The U.S. Securities and Exchange Commission (SEC) has charged Florida-based Galois Capital with serious compliance failures and investor misrepresentation.
The charges relate to the firm’s failure to adhere to required custody practices and misleading information about redemption policies.
According to the SEC’s order, Galois Capital, previously a registered investment adviser for a private fund primarily investing in crypto assets, breached the Investment Advisers Act’s Custody Rule. This rule mandates that client assets, including those offered and sold as securities, must be maintained with a qualified custodian.
However, since July 2022, Galois Capital did not comply with these regulations, holding crypto assets in trading accounts on platforms like FTX Trading, which are not deemed qualified custodians by the SEC.
This lapse in custodial practices led to substantial losses, with approximately half of the fund’s assets under management lost during the collapse of FTX in November 2022.
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🚀 Exclusive Partnership Alert! 🚀
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We’re excited to unveil our exclusive partnership with Totheme.me, giving early supporters a rare chance to pre-purchase OMG tokens before the official launch!
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🐃 Sorare: latest news about NBA NFTs
Recently Sorare launched Fantasy Basketball and signed a partnership with NBA and NBPA for American basketball fans.
So, after entering the world of football and baseball, it has now arrived in the world of basketball with its digital trading cards.
Below are some of the latest news from the famous gaming platform and some of the most popular cards.
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🦁 9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage.
In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka, Russia’s central bank governor and officials from Belarus and Afghanistan also attended the meeting.
Commenting on the role of the U.S. dollar in the world economy and a growing number of countries shifting away from using the USD in trade settlement.
Mokhber noted that over the past few decades, the “Weaponization of the dollar” has compelled countries to distance themselves from reliance on the USD in order to mitigate the potential impact of possible future sanctions.
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Actual blockchains aren’t ready for trillions in real world value. That's why our team is building Plume L1, imagine that you want to tokenize trillions in assets on Ethereum where their security relies on $120B of staked ETH.. There's no chance of securing the $20T+ of RWAs managed by institutions like BlackRock or Fidelity.
Plume solves this with an EVM-compatible Layer 1 chain secured by RWAs themselves.
Just because this and many more reasons, RWAs needs Plume. Find more on our last post and please share with your communities🪶🔒🫡
Tweet: https://x.com/plumenetwork/status/1877490875233874081
Blog: https://plumenetwork.xyz/blog/rwa-chain
The RWA narrative is heating up and Plume Network is gaining significant traction with their approach to DeFi for RWAs, called RWAfi.
Plume has the strongest team, tech, and ecosystem — there are 180+ projects building on them and they just did two pre-deposit campaigns, securing a total of $60m in the two pre-deposit vaults. Note: They’re not even live yet!
Recently, Plume Network announced its Series A, where they raised $20M from top tier investors like Brevan Howard, Haun Ventures, Galaxy Digital and others. They’ve raised $30M in total funding and seem to be gearing up for big news (mainnet soon? 👀).
In my opinion, I’d suggest keeping a close eye on this project!
ICYMI — Plume is the first L1 fully integrated RWAfi chain being built to unlock the RWAs market with a crypto-native approach. Unlike traditional RWA models, Plume leverages DeFi principles to create a more efficient and accessible ecosystem for both crypto natives and traditional finance institutions – the first and only protocol for RWAfi.
Plume Network Series A announcement: https://x.com/plumenetwork/status/1869383005619552599
Plume Network Pre Deposit campaign on Nest: https://x.com/plumenetwork/status/1871363122503790837
Plume is redefining the RWA landscape by building a new L1 RWAfi chain. With a crypto-native approach, Plume is prioritizing composability, liquidity, being permissionless, and interoperability.
Unlike traditional RWA models, Plume leverages DeFi principles to create a more efficient and accessible ecosystem for both crypto natives and traditional finance institutions – the first and only protocol for RWAfi.
RWAfi adoption is here – $30m was pre-deposited into Plume within 90 minutes during their Predeposit Campaign 👀
Learn more here: https://x.com/plumenetwork/status/1858714580329132494
🐻 FCA charges man for operating crypto ATMs that handled $3.4m
The FCA has charged a London man for illegally operating multiple crypto ATMs without registration, processing millions in transactions.
The U.K.’s Financial Conduct Authority has charged a London man, Olumide Osunkoya, with unlawfully operating crypto ATMs without the necessary registration, marking the regulator’s first criminal prosecution involving unregistered crypto activity.
In a Sept. 10 press release, the financial watchdog accused Osunkoya of running multiple crypto ATMs across various locations that processed £2.6 million ($3.4 million) in transactions between December 2021 and September 2023.
The FCA says the case falls under the Money Laundering, Terrorist Financing, and Transfer of Funds Regulations 2017, making Osunkoya the first person to be charged for running a network of unregistered crypto ATMs in the U.K.
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🌴 The pepperoni on the first pizza bought with Bitcoin is worth $6.5M today
It’s been 13 years since programmer Laszlo Hanyecz made the first commercial transaction with Bitcoin on May 22, 2010, buying two supreme pizzas from Papa John’s for a whopping 10,000 BTC, or $266 million at current prices.
That day is known and celebrated as Bitcoin Pizza Day.
“Bitcoin Pizza Day” marks the world’s first transaction for real-world goods using Bitcoin and celebrates the massive rise in the value of the cryptocurrency since then, which was worth only $0.0041 in May 2010 and is now worth over $26,500 at current prices.
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Are you ready to embark on an unforgettable gaming journey? Look no further, because Bombastic has got you covered! 😎
New secure VPN-friendly crypto casino.
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🌴 Red Bull Doodle Art and Burnt Toast collaborate to help student artists mint NFTs
Red Bull Doodle Art is a global competition that challenges students to create original doodles that showcase their creativity and artistic abilities.
Crossmint is a leading NFT infrastructure provider.
Burnt Toast is the Co-Founder of the Doodles.
Crossmint, Red Bull Doodle Art, and Burnt Toast have joined forces to help student artists with an opportunity to create and mint their own NFTs.
This year, an NFT component has been added to the Red Bull Doodle Art global competition, giving winners the opportunity to have their artwork minted on-site at the world final and auctioned.
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🦁 Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games
Nike Virtual Studios, the sportswear giant's digital arm, and video game developer EA Sports are partnering together to bring digital creations from Nike's .SWOOSH platform to the EA Sports gaming ecosystem.
Details about the partnership are limited, though Nike said in a press release that the collaboration will allow .SWOOSH members and EA Sports fans "to express their personal style through play." This includes "immersive experiences" and "new levels of customization within the EA Sports ecosystem."
EA Sports is a division of Electronic Arts that publishes games like FIFA, Madden NFL and more.
Nike's .SWOOSH platform released its first non-fungible token (NFT) sneaker collection last week, surpassing $1 million in sales. The sale of these "virtual creations" began on May 15, though the experience was hindered by technical issues and continuous delays.
According to Polygonscan, 97,627 of the Our Force 1 boxes have been sold from the total inventory of 106,453 at the time of writing.
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Are you ready for a sports gem? Meet BLOCKSPORT 🚀🌕
🔷 $BSPT
Founded in Switzerland, backed by 20+ Investment Funds including FBG Capital, Blocksport’s also has former NBA VC and FIFA Executive in their advisory board.
What is Blocksport about? Providing Fan Apps, Fan Tokens, NFTs, Wallets for sports organizations such as Partizan BC, Empoli FC, Blocksport is dedicated to taking the fan engagement to new heights! 👆
🚀 Hidden gem: A massive portfolio of sports club partners across 5 continents with fanbases reaching +50M combined. Market cap is undervalued waiting to be discovered.
Grab your $BSPT from WhiteBIT and MEXC exchanges or better yet, join the Zealy community event for $500 airdrop:
Event 👉👉 hhttps://bit.ly/3WVA50p
🔗 X/Twitter➡️ https://twitter.com/blocksportdotio
🔗 Discord ➡️ https://discord.gg/Zq8xbN4eGb
🔗 Website ➡️ https://blocksport.io
👑 Alchemy Pay brings crypto payments to Telegram via TON network
Alchemy Pay has launched its crypto payment solutions on Telegram through The Open Network.
This addition will allow users of the popular messaging app to make crypto transactions without leaving the platform, making it easier for Telegram’s user base to engage with digital currencies.
The partnership, announced on Alchemy Pay’s X account, is part of the company’s broader mission to bridge the gap between traditional finance and the crypto world.
In other words, Alchemy Pay is simplifying how people send and receive crypto directly through the Telegram app, much like sending a regular message. This new feature streamlines digital currency usage by keeping everything within one platform.
Crypto California Club – Subscribe👑
🦁 9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage.
In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka, Russia’s central bank governor and officials from Belarus and Afghanistan also attended the meeting.
Commenting on the role of the U.S. dollar in the world economy and a growing number of countries shifting away from using the USD in trade settlement.
Mokhber noted that over the past few decades, the “Weaponization of the dollar” has compelled countries to distance themselves from reliance on the USD in order to mitigate the potential impact of possible future sanctions.
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🦁 North Korea ‘aggressively targeting’ crypto firms, warns FBI
The FBI has issued a warning that North Korean hackers are aggressively targeting employees in the crypto and decentralized finance sectors to steal company funds.
These cybercriminals use sophisticated social engineering strategies to deceive even technically proficient individuals.
According to an FBI release, North Korean hackers conduct extensive research on their targets, particularly those connected to crypto exchange-traded funds and other related financial products.
The cybercriminals often create fake, “complex and elaborate” scenarios tailored to a victim’s background and interests, such as fictitious job offers or investment opportunities. The FBI notes that these tactics are designed to gain trust and access to company networks.
These malicious cyber actors have been researching various targets linked to crypto ETFs. Their research involved pre-operational preparations, indicating that they may be planning to carry out cyber attacks against companies associated with ETFs or other cryptocurrency-related financial products.
Last week, Microsoft announced that North Korean hackers had exploited a zero-day vulnerability in Chromium’s V8 JavaScript engine to target crypto entities. These hackers siphoned off digital assets from compromised systems by creating fake trading platforms and using the AppleJeus trojan.
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🚀 BTC AIRDROP IS HERE!
💰DGBetz live crypto casino streamer announces a big GIVEAWAY!
🏆 Total reward: Share of his winnings (during live stream) + $75 casino credit (instant free spins)
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🦁 VanEck Shuts Down Ethereum Futures ETF, Eyes Solana ETFs as a Precedent Emerges
VanEck's Ethereum Futures ETF is closing its doors and liquidating. The decision comes after a thorough review of the fund's performance and investor interest.
Shareholders have until the market closes to trade their shares. After that, it's delisting time.
Those holding shares on the liquidation date can expect a cash payout based on the net asset value (NAV) of their holdings.
Any remaining income and capital gains might be distributed before the final curtain falls.
Remember to consider the tax implications of this liquidation. Capital gains or losses could impact your year-end reporting.
While closing one door, VanEck is peeking through another. The company is exploring opportunities in Solana ETFs, buoyed by a precedent set in a 2018 fraud case involving My Big Coin.
Matthew Sigel, VanEck's Head of Digital Assets Research, sees this ruling as a potential pathway for Solana's regulatory classification – even without an established futures market.
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Huge De.Fi Listing on January 28🔥 (Rumors has it will be BINANCE🤯)
DeFi Antivirus 🛡 is backed by a range of leading Venture Capital firms and prominent DeFi investors from around the world. Backed by Consensys & OKX
$DEFI Token🪙
✅ Ethereum (ETH): 0x6B0FaCA7bA905a86F221CEb5CA404f605e5b3131
🔸 BNB Chain (BSC): 0x6d106C0B8d2f47c5465bdBD58D1Be253762cBBC1
With the DEFI token, users can stake, take part in our ecosystem, provide their vote on any governance proposals submitted by our community, as well as benefit from other exclusive features within their platform.
✅Website: https://de.fi
✅Telegram: t.me/defi_ann
✅Twitter: https://x.com/DeFi/status/1879106268838924704
🐃 Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.
Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on the rise, but who really stands to benefit from this practice?
C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line.
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Introducing iDEGEN...
An AI raised by degens that has already raised over $6million in their $IDGN presale.
They have just introduced their AI in to the TG group and it's SAVAGE /channel/iDEGEN_AI
Simply join the group and tag @iDEGEN_AI_bot in your message and brace yourself for the responses you get...
You can also join the $IDGN presale today ➡️ bit.ly/iDEGEN
🚀 Become a part of the future video! Earn money by watching videos on JoyStream!
Are you tired of traditional video viewing platforms where all the money goes to the creators and you are left with nothing? JoyStream is changing the rules of the game! It is a decentralized platform where you get rewarded for watching content.
Imagine: you watch your favorite movies and TV series, and JoyStream pays you in cryptocurrency for it! Support independent creators and get rewarded for your loyalty.
🚀 Advantages of JoyStream:
• Decentralization: There is no censorship, users have control over content.
• Reward: Get cryptocurrency for watching.
• High-quality content: Access to a variety of movies and TV series.
• Easy to use: Intuitive interface, easy to use.
👉 Website
👉 Twitter
👉 Telegram
📣 SRAX Inc. (NASDAQ: SRAX) announces key partnership with XDEFI to be their official DeFi wallet for their millions of active equity investors!
Through this partnership, sophisticated investors throughout the US will have access to crypto on over 200+ blockchains, with $XDEFI being their first-ever entry point.
XDEFI is a leading multi-ecosystem wallet that supports everything from Bitcoin, Solana, Ethereum, Cosmos, and every EVM and IBC chain through custom networks.
⭐️ With this partnership underway, you have a first-mover opportunity to position yourself through the $XDEFI token, currently only at a $14M~ market cap. Our analysts believe this partnership can catalyze XDEFI to grow to over $100M in the coming months.
➡️ Buy $XDEFI on Uniswap
🐃 Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.
Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on the rise, but who really stands to benefit from this practice?
C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line.
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Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland.
Ukrainian-born cyber intelligence expert Alex Holden, who left Kyiv as a teenager in the 1980s and now lives in Mequon, Wisconsin, claims he has hacked into Solaris, one of Russia’s largest online drug markets, Forbes informs in a report.
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🚀 Africarare IDO Launch Announcement 🌍✨
🗓 Launch Date & Platforms:
IDO on Spores Launchpad and Kommunitas is scheduled for February 24th.
🤝 Exclusive Partnerships Highlight:
MTN: Partnering with Africa's telecom giant, MTN is a testament to our reach and ambition. With millions of subscribers across the continent, MTN's involvement signifies a leap towards connecting Africa's digital and mobile landscape with the global digital economy.
Nedbank: One of South Africa's premier financial institutions, Nedbank, brings its vast financial expertise and innovative banking solutions to the Africarare ecosystem.
CyberKongz: A leading NFT project known for its $210 million total volume traded, CyberKongz collaboration introduces a creative and blockchain gaming dimension to Africarare.
Primedia: As a leading African media group, Primedia's strategic move towards immersive digital advertising in the metaverse showcases the potential for revolutionary marketing solutions within Africarare.
💡 Opportunities in Africarare:
Africa's first metaverse, Africarare, is pioneering the connection of creativity, blockchain, and community, with a robust community of over 200,000 throughout the platforms, signaling a massive interest and trust in the digital transformation of Africa.
🤖 AI in Africarare:
Africarare is revolutionizing the metaverse retail experience with advanced AI technology, including AI agents acting as shop salesmen, offering personalized assistance and transforming the way users interact and shop in the virtual world.
🔗 Be Part of the Revolution:
Join us on this remarkable journey to redefine Africa's place in the digital world. Register to allow list now: https://ubuntu.africarare.io/CaliforniaClub
🌴 NFTs Have Real-world Use Cases. Not All Are Worthwhile.
Nemus, an NFT mint tied to Amazon rainforest conservation, is in hot water after a Brazilian prosecutor announced an investigation into the company’s ownership of Amazon land.
Nemus’ CEO Flavio De Meira Penna has multiple entrepreneurial ventures focused on rainforest preservation in Brazil.
Nemus claims to own 100,000 acres of Amazon rainforest and hopes to purchase more with funds from its NFT sales. The company did not respond to requests for verification that it owns the land.
Users can purchase NFTs representing plots of land on a map with the understanding that Nemus will protect the land and its indigenous residents.
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