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Virgin Voyages launches the "Annual Pass" program starting in 2025, offering unlimited cruises for $120,000 with payment in Bitcoin and additional services 🚢
Virgin Voyages launches the "Annual Pass" program starting in 2025, offering unlimited cruises for a year at $120,000. Payment will only be accepted in Bitcoin. The program, inspired by the success of the "Season Pass," includes access to balcony cabins and additional services such as laundry, internet, and a $100 bar credit for each cruise.
Alex Mashinsky, the founder of Celsius Network, pleads guilty to two out of seven fraud charges and Cel token manipulations, earning $42 million 💼
Alex Mashinsky, the founder of Celsius Network, announced his intention to plead guilty to two fraud charges. He is accused of manipulating the Cel token and committing fraud with commodity assets. Prosecutors claim that he misled clients and inflated the token's value, earning around $42 million from its sale. Celsius went bankrupt in 2022 after mass withdrawals in the wake of falling cryptocurrency prices.
PancakeSwap launches the SpringBoard platform for no-code token creation on BNB Chain with automatic liquidity connection and zero launch fees, December 4, 2024 🚀
PancakeSwap has introduced SpringBoard — a platform for creating tokens without the need for programming. It allows for launching tokens on the BNB Chain with no fees and uses a "fair launch" mechanism, ensuring transparent distribution without pre-sales. The key feature is automatic connection to PancakeSwap liquidity, allowing tokens to be available for trading immediately. PancakeSwap's CEO, Chef Kids, emphasized that SpringBoard is a complete ecosystem for the easy and safe launch of tokens.
France introduces new taxes on Bitcoin and other cryptocurrencies: 30 percent tax rate, progressive scale, and mandatory declaration of accounts abroad 💰
France has introduced a new tax on Bitcoin, classifying it as "unproductive wealth." Now cryptocurrencies, like luxury assets, will be taxed at high rates. Profits from the sale of Bitcoin exceeding 305 euros will be taxed at a fixed rate of 30%. In 2023, a progressive tax was introduced for individuals with income up to 27,478 euros — 28.2%. Additionally, all cryptocurrency wallets abroad must be declared, and there are fines and even imprisonment for tax evasion.
WisdomTree filed for a spot ETF with XRP, which has a market capitalization of over $135 billion, joining Bitwise, 21Shares, and Canary Capital 💼
Coinbase terminates cooperation with law firms linked to former SEC employees, accusing them of attempting to unlawfully destroy the crypto industry ⚖️
Cambodia blocks 16 cryptocurrency exchanges, including Binance and Coinbase, due to the lack of licenses, despite high cryptocurrency usage levels in the country 🔒
DMM Bitcoin is closing after a fraud incident of 48.2 billion yen ($321 million) affecting 450,000 accounts. Asset transfer to SBI VC Trade by March 2025 💸
Abdulla Al Daheri announced the strategic partnership of the Abu Dhabi Blockchain Center with the University of Waterloo to advance research, education, and innovation in blockchain 🚀
Coinbase has added Apple Pay to Coinbase Onramp for easy and fast fiat-to-crypto purchases, providing access to popular payment methods for 60 million users in the US 🔄
Microsoft has added Ripple and Ethereum to Azure Blockchain to enhance development tools and accelerate cross-border payment research 🌐
DomTheTroll accidentally burned $150,000 worth of tokens during a live broadcast, shocking viewers with an irrecoverable transaction mistake! 🔥
SEC accused Touzi Capital and its leader of deceiving 1,200+ investors, raising $100M, and providing false data about investment profitability ⚖️
The Securities and Exchange Commission (SEC) has accused Touzi Capital and its manager Eng Tain of defrauding more than 1,200 investors, raising over $100 million in unregistered securities. Funds were commingled between various businesses, some were misappropriated personally, and investors were misled about the profitability and stability of their investments. The SEC seeks penalties, restitution, and a ban on executive positions.
Elon Musk has filed a lawsuit against OpenAI, accusing it of antitrust violations and blocking funding for competitors, including his company xAI 🚨
Elon Musk has filed a lawsuit against OpenAI to stop its transition to a commercial model. He accuses the company and its partners, including Microsoft, of antitrust violations and pressuring investors to prevent support for competitors like his xAI. Musk claims that the transformation violates OpenAI's original mission to democratize AI and contributes to the monopolization of the industry.
The Federal High Court of Abuja unblocked 6 bank accounts totaling 89,484,694.01 NGN after EFCC confirmed the absence of illegal activity 🏛️
The Federal High Court of Abuja lifted the freeze on six bank accounts totaling 89,484,694.01 NGN. These accounts were previously frozen at the request of the EFCC due to cryptocurrency transactions allegedly harming Nigeria’s economy. In a statement issued on November 25, 2024, the EFCC confirmed that the funds were not linked to illegal activities, which led to the removal of the restriction.
Binance CEO Changpeng Zhao ruled out returning to the CEO position but expressed willingness to accept a presidential pardon to resolve legal issues ⚖️
Binance CEO Changpeng Zhao (CZ) stated that he has no plans to return to the CEO position but is open to a presidential pardon. This statement came after a proposal by John Lilic from Telos Foundation to urge Donald Trump to pardon CZ. Zhao noted that a pardon would help resolve legal issues, but he no longer plans to lead Binance.
Best news of the last 10 days
Trump will demand that BRICS countries refrain from creating a new currency or supporting alternatives to the US dollar, threatening to impose 100% tariffs on goods 🌍
Ripple released 1 billion XRP tokens worth $1.92 billion: 55% of the total XRP token supply will be unlocked, 37.24 billion tokens remain 🔓
South Korea has postponed the introduction of the cryptocurrency tax until 2027: lawmakers agreed on the delay after three postponements since 2022 📅
The mayor of Vancouver, Ken Sim, proposed creating a bitcoin reserve to diversify resources and protect against economic instability, with the plan to be presented on December 11 📉
Coinbase has declined to enter the Turkish market, while Yapı ve Kredi Bankası has applied for a cryptocurrency custodian license — the CMB's list includes 77 companies, including Binance Türkiye and Bitfinex 💼
Coinbase has declined to enter the Turkish market under the name "Coinbase Turkey Yazılım Teknolojileri AŞ," as reported by the CMB in its new report. Meanwhile, Yapı ve Kredi Bankası has filed documents to obtain a cryptocurrency custodian license. In the CMB's "List of Active Companies," which is provisional, there are 77 organizations, including Binance Türkiye, Bitfinex, Garanti BBVA, and İş Bankası.
The Swiss Canton of Bern has approved the creation of a Bitcoin mining report with 85 votes in favor and 46 against, despite government doubts and questions about energy consumption ⚡
The Parliament of the Canton of Bern in Switzerland has approved the creation of a report on Bitcoin mining, despite objections from the government. The report will explore the possibilities of using excess energy for mining, collaboration with local miners, and the impact on the stability of the power grid. Supporters believe this will create jobs and promote the use of renewable energy sources. Despite global concerns about energy consumption, the initiative was backed by members of the parliamentary group on Bitcoin.
A federal court in Abuja granted bail to 109 foreign nationals accused of cybercrimes in the amount of 1 billion naira, with guarantors worth 200 million each 💰
A federal court in Abuja has granted bail to 109 foreign nationals accused of cybercrimes and threats to Nigeria's national security. The bail amount was set at 1 billion naira, and each accused must provide five guarantors with property valued at 200 million naira. The accused, citizens of China, Indonesia, Vietnam, the Philippines, and other countries, were arrested in Abuja for cybercrimes and illegal residence in Nigeria.
Ripple will receive NYDFS approval to issue the stablecoin RLUSD in the US with the launch on December 4, entering into competition with Circle, Paxos, and Gemini in the stablecoin market 📅
Ripple expects approval from NYDFS to launch its stablecoin RLUSD, which will allow the company to enter the cryptocurrency market in the US. The launch is expected on December 4, giving Ripple the opportunity to operate in New York's regulated financial environment and compete with major players like Circle, Paxos, and Gemini in the stablecoin market.