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25/02/2024

Frankfurt Steps up as Crypto Watchdog: EU's Anti-Money Laundering Authority Begins Operation

Frankfurt gets new EU Anti-Money Laundering Authority✨💰🔍! The AMLA will combat illicit fund flows, focusing on cryptocurrencies & large transactions. New proposed EU-wide limit of 10,000 euros for cash payments💶. Changes to transfer fund rules also in works for easy tracing of crypto transactions🕵️‍♂️💱. Frankfurt selected as AMLA HQ out of nine cities. Ready to launch this week.🚀🌐💼

Introducing the EU's Anti-Money Laundering Authority (AMLA) headquartered in Frankfurt. With representatives from all 27 EU countries, AMLA is set to monitor financial issues, including those connected to cryptocurrencies, and ensure compliance with all ant-money laundering agreements.

24/02/2024

Soaring UNI Value Reflects Excitement Over Upcoming Governance Overhaul

UNI value skyrockets 📈60% following Uniswap Foundation's governance model overhaul plan. Their goal: to incentivize token holders for active involvement, foster resiliency and strengthen their decentralized governance structure🏦, using smart contracts for efficient fee handling💵. Paving the way for the success of this proposal, UNI price jumps from $7.36 to $12.53. A Snapshot😉 and on-chain vote set for 1st and 8th March respectively!

Surge in UNI value by 60% post Uniswap Foundation's announcement of a governance model overhaul aimed to boost the protocol's fee system and ensure enduring growth. New smart contracts for efficient fee collection and sharing are part of the proposition.

23/02/2024

Avalanche DApp Platform Hits Technical Snag: A Closer Look at the Block Production Disruption

🚨🌨️ Avalanche, a leading DApp platform, faced a major technical snag disrupting its PoS blockchain's block production on Feb 23rd 📅. The incident might be linked to a freshly launched inscription wave 🌊. Co-founder Kevin Sekniqi ensures a team is working on it & assures quick resolution. Interruptions like these delay transaction processing and hinder overall network performance 🔧⏱️. This isn't a first for Avalanche, as it had encountered a similar issue in March 2023. 🔁🔍✨

Avalanche's block production disrupted due to a technical glitch, possibly linked to a new inscription wave. The proof-of-stake blockchain network is currently under investigation for a suspected rare bug, promising a prompt resolution.

23/02/2024

Beware the New Telegram Scam Aiming for Your Cryptocurrency Wallet

⚠️💰A new scam on Telegram tricking users into emptying their cryptocurrency wallets is alarming the crypto community. Scammers target ERC-2612 compatible tokens and deceive users into signing a message, which allows scammers to drain tokens 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 needing transaction approval! 🔓🕵️‍♂️The risk grows as more tokens embrace the ERC-2612 standard. In a recent case, a user lost over $600 of Open Exchange tokens after falling into a counterfeit Telegram group for token developers.📉🔎

Beware! A new scam on Telegram targets cryptocurrency wallets, emptying them without requiring transaction approval. This clever scam revolves around the ERC-2612 token standard and deceives users into unwittingly signing off their digital wealth. Lost over $600 in tokens yet? Don't fall prey!

22/02/2024

Nigeria Blocks Access to Major Cryptocurrency Exchanges in Bid to Halt Naira Depreciation

🌍🚫 Nigeria blocks top crypto exchanges like Binance, Kraken, and Coinbase striving to stabilize the plummeting value of their currency, the Naira 💱📉. Despite previous government support for cryptocurrencies, growing concerns about the risks to traditional assets has sparked a regulatory crackdown. 📵🔒🔗 This move opposes the crypto industry growth and is seen as a dramatic shift in Nigeria's position on digital currencies. 💰📲🔄

Nigeria cracks down on crypto exchanges including Binance, Coinbase, and Kraken to counter the depreciation of its local currency. This controversial move marks a major shift in the government's stance on cryptocurrencies.

22/02/2024

ECB Officials Cast Doubt on Bitcoin's Long-Term Viability Despite SEC ETF Approvals

Officials from European Central Bank (ECB) question the recent US Bitcoin ETF approval, doubting its financial stability & long-term mainstream potential. They call Bitcoin's uprise a result of speculative hype, rather than inherent worth or societal benefits. Despite the digital currency buzz 💹👀, ECB warns about risks like money laundering, cybercrime, and environmental damage. They stand firm on the necessity of stricter regulation & dismiss fears of a banking crisis from a digital euro.💶🏦💻🌍

Despite Bitcoin's recent rally and US approval of spot ETFs, ECB officials remain skeptical about Bitcoin's long-term viability, arguing it lacks tangible benefits and carries the risk of financial instability.

21/02/2024

Podgorica High Court Greenlights Extradition of Embattled Crypto Kingpin Do Kwon

🌐🔒 Montenegro's High Court approves the extradition of Terraform Labs' ex-CEO, Do Kwon, to the US following a major cryptocurrency fallout. 📉🍃 Kwon, entangled in legal issues over crypto fraud, is also charged with possessing counterfeit documents. This movement marks a significant step in combating crypto fraud globally, shifting the attention to the US legal scene 👀⚖️. With Kwon facing serious accusations, it's a pivotal moment in cryptocurrency history. 🎢💰

Montenegro's Podgorica High Court approves the extradition of former Terraform Labs' CEO, Do Kwon, to face charges over the company's catastrophic financial collapse. The case marks a significant stride in global efforts towards eradicating crypto-associated fraud.

20/02/2024

Exposed! Unraveling the Unseen Side of Former FTX CEO Bankman-Fried's Prison Life

Former FTX CEO, Sam Bankman-Fried's latest image inside prison sparks a storm in the crypto world.🌩💰 Sporting a scruffy beard and slimmer figure, Bankman-Fried has earned respect among fellow inmates while his drastic transformation, post his fraud conviction, has left netizens amused and curious. 😲 His love life too makes headlines as prison mates mock his dating history.🔒💔 As reactions pour in, his saga becomes a captivating tale of rise, fall, and resilience.📈📉💪

Completely shedding his polished image, ex-FTX CEO Sam Bankman-Fried now sports a scruffy beard and leaner physique in prison after a fraud conviction. This unveiling by an independent crypto reporter has stirred the crypto community with mixed reactions.

18/02/2024

Bitcoin Mining Difficulty Skyrockets, Breaking Records Beyond the 80 Trillion Mark

Bitcoin mining difficulty soars beyond 80 trillion mark🚀! BTC's hash rate hits record 562.81 EH/s💻🔥. Mirroring these highs, BTC's price sat at a stable $52,000💰 on Feb 16. However, not all news is rosy🌹 - upcoming halving event will reduce mining rewards🏆, potentially leading to a 20% drop in hash rate and kicking less efficient mining rigs offline⚙️💤.

Bitcoin's mining difficulty hit an all-time high of 81.73 trillion, with a hash rate of 562.81 EH/s, doubling the difficulty from previous years. The surge is predicted to reach 100 trillion soon, setting new records.

17/02/2024

Breaking News: Honduras' Financial Watchdog CNBS Bans Cryptocurrencies Amid Regulation Concerns

🇭🇳 Honduras says 'no' to crypto! 🚫💰 The National Banking and Securities Commission imposed a ban on handling cryptocurrencies due to regulation concerns. The ban puts a spotlight on the risk of fraud, money laundering, and potential funding of terrorism. Derived crypto assets & financial education programs are also impacted. However, the effect on regions like Bitcoin Valley and Próspera that embraced Bitcoin is yet to unfold. 😮📜

In a move against crypto trade, Honduras' financial watchdog, the CNBS, has banned handling of cryptocurrencies by banks due to lack of assurance for transactions, risk of fraud, and possible misuse for illicit actions. The implications on areas like Bitcoin Valley and Próspera, which embraces Bitc...

14/02/2024

Cryptocurrency Crimes: ZachXBT Exposes Alleged 'Pump-and-Dump' Schemes by Internet Celebrity KSI

Investigative crypto whizz ZachXBT accuses YouTuber KSI of crypto 'pump and dump' scheme - trading $1.2 million tokens post-promotion 📉💰. Uncovered links to Logan Paul add to concerns 🧩. Despite defamation lawsuits, giants including former Binance CEO back ZachXBT's truth crusade 💼🔍👏.

YouTuber KSI faces accusations of inflating and subsequently liquidating three cryptocurrencies, a potential case of 'pump-and-dump'. Crypto investigator ZachXBT alleges KSI endorsed and sold tokens worth $1.2 million to his 372k followers.

13/02/2024

Solana's Success Story Continues: Record-Breaking 100,000 Pre-Orders for New Crypto-Integrated Smartphone, the Chapter 2

🚀📲 Solana's new Chapter 2 smartphone, with integrated crypto features, notches up massive 100,000 pre-orders & $45M in sales in just over a month 🌟🔥 Major upgrade from Solana's first phone, the new device aims at broad scope with its consumer-friendly price tag of $450 💸🎯 Chapter 2 anticipated to be a game-changer; BONK token airdrop strategy with each purchase boosts its appeal among crypto fans 🏦🚀 Can Solana challenge heavyweights like Apple and Google?🤔✨

Solana's new Chapter 2 smartphone has amassed an astounding 100,000 pre-orders in just over a month! This crypto-integrated gadget shows the rising interest in blending everyday tech with cryptocurrency.

12/02/2024

Spain's Torrevieja Aims to Become Europe's Top Crypto-Friendly City as Local Businesses Start Accepting Cryptocurrency

📍Torrevieja in Spain embraces blockchain! 🚀 This flourishing tourist spot is enabling crypto payments for local businesses as part of its digital transformation project. 💼🤝 Collaborating with APYMECO, its goal is to be Europe's top crypto-friendly city. Alongside this, plans to revamp local natural spaces & boost tech jobs are underway. 💼🌳🔬 The University of Alicante will also provide digital payments courses. Even though crypto isn't recognized as legal tender, Spain is all in for digital transactions!💶🔗📈

Torrevieja, a popular tourist hub in Spain, is gearing up to harness blockchain technology to enable cryptocurrency transactions in local businesses. This move is part of a revolutionary 'digital transformation project' aimed at making Torrevieja Europe's top 'crypto-friendly' city.

11/02/2024

FTX Crypto Giant Decides to Sell Digital Custody Inc. to CoinList in Unexpected Bargain Sale

Cryptocurrency giant FTX is selling off its once-valued subsidiary, Digital Custody Inc. (DCI), for just $500,000 to CoinList 🏦💰 The sale comes after an unsuccessful integration led to FTX's bankruptcy declaration in November 2022 📉💔 The deal's financing is backed by Terence J. Culver, DCI's original CEO. However, FTX still has three days before the close of the sale to hunt for a better deal for DCI, which holds a valuable South Dakota banking license 📜🔍💣

FTX is set to sell its subsidiary, Digital Custody Inc., to CoinList at just $500,000, despite the recent $5 million acquisition. Amid bankruptcy and integration failures, the deal has a secured quick closing time, thanks to a banking license and Culver's past ties.

06/02/2024

Binance Delisting Causes Monero's Market Value to Tumble: Is This the Beginning of the End for Privacy Coin?

🔻Monero's value plunges following Binance's delisting announcement📉. The crypto exchange is set to remove Monero, Aragon, Multichain, Vai, and more by Feb 20, 2024🗓️. Conversions after delisting not guaranteed. Meanwhile, Binance.US faces an operating ban in Alaska and Florida after former CEO's guilty plea🚫⚖️. Exciting times ahead as we await Changpeng Zhao's sentencing on Feb 23, 2024👀.

Monero's value plummets after Binance announces plans to delist the privacy-centered token. This hits the digital currency hard, marking a multi-month low for Monero. Binance's move prompts speculation on its impact on the broader crypto landscape.

06/02/2024

Another Hurdle for Solana: 11th Shutdown Rocks the Blockchain Network

👨‍💻 Solana blockchain faces its 11th shutdown in two years, pausing its mainnet-beta operations for two hours! 📉 Disruption was detected by Solscan and OKLink, halting new transactions and prompting Upbit exchange to suspend certain activities. 🧩 While reasons for the glitch remain undisclosed, engineers are working towards a solution.😰Historically, the network's performance has suffered due to similar instances, causing significant downtime.🔮

Solana hits a stumbling block as it chronicles its 11th major shutdown, halting all blockchain operations for about two hours. As engineers scramble to rectify this unwelcome hiccup, crypto exchange Upbit suspends SOL transactions, citing network instability.

06/02/2024

Binance Ups the Ante in Fight Against Corruption, Offers Whopping Rewards to Expose Unethical Staffers

Binance sets up a $5 million bounty program🤑 in a bid to unearth corrupt staff amid allegations of inside trading🔍⚖️. The initiative is a response to controversial activities connected to the Ronin Token's listing on the platform📉. These bold steps reflect Binance's relentless pursuit for transparency and ethical business conduct, as it revamps its token listing process, and tightens internal controls🛠️, ensuring a fair, credible trading environment🧾💼.

In the wake of corruption allegations, Binance is enhancing transparency and ethics with a reward program offering up to $5 million for credible misconduct exposures. The program is aimed at upholding market authenticity and protecting user trust.

05/02/2024

FTX Aims to Salvage $1.4 billion by Selling Off Stake in AI Pioneer, Anthropic

🔔🔨 FTX crypto exchange eyes selling off its $1.4 billion stake in AI company, Anthropic 🧠💰. This follows Ex-CEO Sam Bankman-Fried's controversial funding of Anthropic using customer deposits. FTX's affiliate Alameda Research owns part of the stock 📈. The move comes as FTX deals with legal battles 🏛 and aims to repay its users and investors 👥💸.

In a bid to release $1.4 billion in capital, cryptocurrency exchange FTX intends to sell its entire share in AI firm Anthropic as announced in recent court documents. This move follows FTX's earlier attempt to liquidate its $175 million claim against financial services giant Genesis Global Capital.

03/02/2024

The Future of FTX's $175 Million Claim Against Bankrupt Genesis Sparks Crypto Market Curiosity

FTX moves to repurpose a $175M claim against bankrupt Genesis Global Capital, planning to monetize it under the best market conditions 🔀💵. The move marks a down-scaling from the initial $3.9B claim 📉, thanks to negotiation and to avoid costly litigation. Genesis controversy comes amid a dispute with Gemini cryptocurrency exchange over the Gemini Earn program 💰. Upcoming court hearing and SEC settlement could reshape Genesis's bankruptcy plan 🏦💼⚖️📆.

Cryptocurrency exchange FTX seeks the green light to repurpose a $175 million claim against financially troubled Genesis Global Capital. A court verdict could get FTX a chance to sell the claim and capitalize on the fluctuating crypto market.

03/02/2024

Beam Me Up! Jupiter DEX Eclipses Uniswap with Stellar Trading Volume Boost

🪐Jupiter, a Solana-based DEX, overtook Uniswap in 24h trading volume, touching $480 mil high, fueled by an airdrop of memecoin Wen🎈. Participation in the Wen drop led to $191 mil worth SOL-to-USDC/Tether swaps🔄. Meanwhile, pre-launch hype around JUP token suggests it could exceed $600 mil value💰. Airdrop frenzy also spreads to AltLayer and Dymension, announcing $100 mil and estimated $210 mil worth airdrops respectively🚀.

Jupiter, the Solana-based DEX, surpassed Uniswap in trade volume with a peak at $480 million. Aided primarily by the launch of new memecoin Wen, the stablecoin trade, and a $600 million JUP token airdrop, Jupiter is causing a stir in the crypto world.

03/02/2024

Crypto Tutor's Alleged $1.2M Scam: A Cautionary Tale in the Era of Digital Currency

🔎💸 Cryptocurrency tutor, Brian Sewell, comes under SEC scrutiny for allegedly scamming students out of $1.2M via a nonexistent hedge fund, exploiting digital currency hype! 🚨 Despite claims of high-tech AI use, Sewell's firm, Rockwell Capital Management, is believed to have kept the money in Bitcoin which was later hacked. Rockwell aims to reimburse victims while SEC and CFTC warn investors to tread carefully in the crypto-space! 🏦⚠️📉🔥

Crypto tutor Brian Sewell faces accusations of conning his students out of $1.2 million in a phantom hedge fund scheme. The SEC warns that any exploitation of digital currency hype won't be tolerated.

02/02/2024

US Congress Members Battle SEC Over Cryptocurrency Regulations

US Congress members 🇺🇸, including Rep. Mike Flood, Wiley Nickel, and Sen. Cynthia Lummis, are making moves 🏃 to repeal SEC's SAB 121, citing impediments for banks holding client's crypto assets 💰💻. Their initiative, fuelled by a wave of criticism against the SEC, aims to protect consumer assets and promote clearer, fairer guidelines for authorized banks 💡.

Congress members, including Mike Flood and Wiley Nickel, are pushing to revoke the SAB 121 from the SEC, claiming it hampers banks' ability to safely handle clients' cryptocurrency. They argue that the rules deter banks from guarding digital assets.

02/02/2024

Binance Thwarts $4.2M XRP Loot from $112M Crypto Heist of 2024

🔐💰 Binance halts $4.2M of XRP heading to a hacker who nabbed a staggering $112M from Ripple co-founder's personal wallet, marking 2024's biggest crypto heist so far. 🧐🕵️‍♂️ Coin sleuth ZachXBT and Ripple team assist in freezing the thief's address. Reports confirm that neither Ripple nor the XRP token was hacked. 👤🚫 The brazen thief took no steps to hide their identity. Law enforcement efforts are underway to halt the hacker in their tracks. 🚨💹 Despite Binance's success, it's uncertain if exchanges like OKX and Kraken have frozen any linked funds.

Binance, a cryptocurrency exchange, thwarts $4.2 million in XRP from falling into hacker's pockets after Ripple co-founder Chris Larsen's personal wallet was hacked for a staggering $112 million. An ongoing investigation hopes to retrieve the rest.

01/02/2024

Celsius Rises From the Ashes: Returns $3 Billion to Creditors & Launches New Bitcoin Mining Company

Bouncing back from bankruptcy, crypto lender Celsius aims to return over $3 billion in assets to its creditors and launches a new Bitcoin mining firm, Ionic Digital!📈💰 Managed by Hut 8, Ionic Digital promises an exciting future with plans it will trade publicly following necessary approvals.🎉 Meanwhile, Celsius wins applause from creditors for its exit strategy and increased $250 million in crypto available for distribution. But it's not all smooth sailing: the company's ex-CEO faces financial fraud charges.😱👩‍⚖️

Celsius, the crypto lender that navigated bankruptcy, is ready to return over $3 billion in crypto and fiat to creditors. It's also launching a new Bitcoin mining company, affirming its bounce back from bankruptcy.

01/02/2024

Argentina's Cryptocurrency Tax Scrapped: A Nimble Move or a Protective Stance?

Argentina's President Milei amends comprehensive reform bill, removing crypto taxes to expedite approval 📝🇦🇷. Interior Minister Francos confirms changes spurred by an urgent need for economic growth 📈. Crypto owners encounter regulatory ambiguity, with profits from significant sales still taxable 💰🤔. The president's move abates public opposition and pushback, while critics worry about potential impacts on democracy 🏛️🚨.

Argentina's comprehensive reform bill takes a new turn as President Javier Milei removes cryptocurrency taxes. This move aims to facilitate swift approval of various legislation changes, focusing on quick economic growth.

01/02/2024

Solana Blockchain Achieves Record-Breaking $700 Million Token Airdrop

🎉Solana successfully hosted one of history's biggest token airdrops as Jupiter granted almost a million wallets with $700M worth of its JUP token🪙. Despite initial minor issues🐛, over 20% of JUP tokens were claimed fast after a robust performance by Solana's network. A trading robot also made waves, tipping $50K to get its $625K trade processed🤖💰! Newbies even made decent profits, validating this event's success.🚀💫

Solana blockchain successfully conducts one of the largest token airdrops in history, dispensing $700M worth of Jupiter's JUP token. Despite initial minor hiccups, Solana effortlessly handled the surge of activity, underpinning its robust transaction processing capability.

01/02/2024

https://todayincrypto.com/news/jupiters-stellar-airdrop-jup-tokens-meteoric-rise-shakes-up-solana-ecosystem/

Explore the monumental success of the Jupiter JUP token airdrop on Solana, marking a new era in crypto with seamless ex*****on and network resilience. Discover the future of blockchain innovation.

31/01/2024

Binance Bounces Back: Settlement Sparks Spectacular Surge in Market Share

Binance sees a market share rebound to 49%🚀 after settling a $4.3 billion fine💰 with the U.S Department of Justice. Despite earlier setbacks in 2023 & a market share dip to 34.3%, Binance added 40 million new users📈, emphasizing user-focused growth. This surge comes post-settlement, marking a significant step in Binance's journey. 🎯🔐

Binance recoups its trading volume market share after settling with the U.S. Department of Justice, standing strong at 49%. The crypto exchange, despite legal hurdles, registers 40 million new users in 2023, a significant 30% rise!

30/01/2024

Visa Revolutionizes Crypto-to-Fiat Conversion with Direct Selling to Visa Card

Visa partners with Transak, offering a new, instant crypto-to-fiat conversion method for MetaMask wallet users 💵💳! This game-changing functionality enables selling digital assets directly to a Visa card and spending at over 130 million merchant locations worldwide 🌍. Available in 145 countries and supporting 40+ cryptocurrencies, it transforms mainstream transactions and hugely benefits MetaMask and other decentralized platform users. This collaboration aligns with Visa's vision of tapping crypto potential use-cases and previous partnerships. 🚀🔮

Visa partners with Transak to enable direct conversion of cryptocurrency to fiat currencies, a game-changing service that includes at least 40 digital assets. Now, selling Bitcoin and other cryptocurrencies directly to a Visa card is a reality for MetaMask users.

30/01/2024

Coinbase to Introduce Commission Fees on High-Volume USDC Conversions

Coinbase, leading U.S. crypto exchange, announces new commission fees for major USDC to USD conversions, applying to volumes over $75M/month from Feb 5th 📈💰. Their tier 1 & 2 members will stay exempt. Meanwhile, facing a 20% drop in stock value & an ongoing SEC dispute, Coinbase remains a sturdy advocate for the U.S. crypto market 🥊💼🇺🇸.

Get ready to pay up if you're converting big bucks on Coinbase. The US crypto exchange will add fees for USD Coin to US dollar conversions over $75 million. Worry not, Tier 1 and Tier 2 members, you're exempt!

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DataDash 22-03-2021

💯 It looks like we’re entering the second wave of the altcoin cycle we started in January 2021, and Nick from DataDash discusses what tokens are we’re going to buy, DeFi or NFT tokens. Which ones will be the first ones to lead... 🚀 PancakeSwap is leading the way for the Binance smartchain ecosystem (3:20). 🚀 Stacks is a layer-2 blockchain which enables DeFi on the Bitcoin network. (5:30) 🚀 Uniswap where the chart shows consolidation and could start the next outbreak soon. (7:50) 🚀 Rarible had an enormous run up and is cooling off right now. (9:20) 🚀 Enjin starts declining after a parabolic gain in price. (11:30) 🚀 Flow already had a decent correction and is almost a time to step in. (13:00) “A lot of these NFT projects will be gone in a couple of years, but there will be some opportunities to swing trade and invest in these plays.” #pancakeswap #stacks #uniswap #rarible #enjin #flow #defi #nft #crypto #millionaire #millionaire2021 #bitcoinmillionair #cryptolife #bitcoinlife #hodllife #cryptonews #bitcoinnews #cryptolifestyle #todayincrypto

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has begun investing in Bitcoin. The move is a complete 180-degree turn from the high-profile investor who previously called the cryptocurrency “garbage,” and a "nothing burger." In an exclusive with Daniela Cambone, he reveals the tipping point that caused him to change his stance. O'Leary says he allocated 3% of his portfolio to Bitcoin. The investor has a net worth of over $400 million as of today and runs the popular O’Shares ETF product among other businesses. #sharktank #kevinoleary #bitcoin #crypto #todayincrypto #cryptonews24

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BitBoy Ben in his new video has explained why Bitcoin is the safest and most surefire way to invest in cryptocurrencies despite the noise about other cryptos. Looking at the basics of investing in Bitcoin, Ben covered four questions to help guide both new and old investors in Bitcoin.

🤩 Mark Cuban is bullish on Ethereum 🔥 Watch his entry point and his other tokens in his crypto wallet. 💯 #bitcoin #ethereum #sushi #aave #litecoin #crypto #millionaire #millionaire2021 #bitcoinmillionair #cryptolife #bitcoinlife #hodllife #cryptonews #bitcoinnews #cryptolifestyle #todayincrypto

Charles Hoskinson, founder Cardano interviewed by Ran Neuner from CryptoBanter regarding Tesla, Apple and Oracle. Must watch. #bitcoin #tesla #apple #oracle #crypto #todayincrypto