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PREPARE FOR CRYPTO鈥橲 INSANE NEXT MOVE (USA SEIZES $3.6B of Bitcoin) - YouTube
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all right welcome back everybody to
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altcoin daily my name's austin breaking
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news as of this morning us officials
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have just seized billions of dollars
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worth of bitcoin from the 2016 bitfinex
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hack that's nearly 120 000 btc that were
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stolen in that hack and is now in the
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possession of the united states
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government
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in today's video i want to discuss this
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what it means to you as well as the
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latest news involving web 3 involving
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crypto gaming involving the metaverse
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along with an xrp update and much more
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let's jump in and discuss what just
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happened with this bitcoin seizure from
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u.s officials
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federal officials seized some 3.6
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billion dollars worth of bitcoin on
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tuesday tied to the 2016 hack of the
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crypto exchange bitfinex
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on tuesday agents arrested two
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individuals in new york on charges that
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they conspired to launder proceeds the
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married couple elia lichtenstein and
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heather morgan will appear in court at 3
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p.m according to the doj department of
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justice so you know what they say the
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couple that launders bitcoin together
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stays together at least goes to court
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together in this case
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some 120 000 btc were stolen in that
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hack worth around 60 million dollars at
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the time and representing nearly
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one-sixth of the total trading volume at
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the time the doj release alleges that
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the two conspired to launder these
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proceeds but does not claim they were
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the original hacker all that money the
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billions of dollars worth of bitcoin
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which especially in criminals hands is
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technically cell pressure because
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criminals try to liquidate funds as soon
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as possible historically all that
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bitcoin is now in the hands of the us
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government in the words of michael
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saylor the us now has billions of
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dollars in bitcoin on its balance sheet
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and that's true they do now have the
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private keys which means they do now own
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the bitcoin
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in a direct quote from the us in that
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filing
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those files contained the private keys
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required to access the digital wallet
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that directly received the funds stolen
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from bitfinex and allowed special agents
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to lawfully seize and recover more than
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94 000 bitcoin that had been stolen from
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bitfenix i encourage you to like the
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video
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like the video and give me your thoughts
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down below in the video comment section
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but my next question is obviously
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now that the united states has
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possession of this bitcoin
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what are they now going to do with it
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they should hold it then pay off the
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national debt in about 10 to 12 years
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that would be interesting that would be
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cool but keep in mind it's not theirs to
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hold it belongs to the customers of
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bitfinex so i assume those customers of
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bitfinex will get this money
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eventually although i can't be too sure
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because they're probably global and i
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don't know if the u.s
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authorities
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can can give all that bitcoin back to a
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global customer base but we will see
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let's keep moving let's talk about the
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latest news involving web 3. and by the
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way i encourage you to check the
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timestamps down below in the video
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description find the news that's best
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for you
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defies ave which is a lending and
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borrowing protocol altcoin launches web
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3 social media platform lens
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composability will be a key feature in
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the new offering so if you are upset
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with facebook upset with twitter upset
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with censorship in general
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check this out on monday ave founder
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stanley k announced the launch of lens
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which he describes on twitter as an open
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composable web3 social media protocol to
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allow anybody to create a non-custodial
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social media profile and build new
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social media applications
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so developers will be able to build on
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this social media protocol
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and final question i do have to ask are
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what are some of the specific features
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of this social media platform and will
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it be built on ave
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according to the lens website the
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protocol allows users to create nft
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based profiles that can store posts
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publications and follower history all on
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the blockchain they also have revenue
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sharing features for content hosted on
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ipfs and it also has built-in governance
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for groups of mutual followers the
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protocol is built on polygon the
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blockchain that just raised 450 million
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dollars in a token sale
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interesting so it is built by ave on the
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polygon blockchain we will have to see
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if they can actually get the users next
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piece of news involving metaverse
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adoption ubisoft bringing rabbids to the
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sandbox ethereum metaverse game so again
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here is the visual this is a major ip
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for ubisoft and it is coming to the
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ethereum metaverse sandbox ubisoft will
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also have its own land plot in the
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sandbox as shared online world which the
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company can customize and monetize as as
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it sees fit and the publisher will
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launch its interactive space in the
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sandbox with its rabbids franchise
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bringing its blocky recreations of the
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goofy rabbit-like alien creatures the
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users can utilize within the game's vox
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edit and game maker tools so this is
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just the start of the major ip that
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ubisoft does plan on bringing in the
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metaverse in a direct quote from the
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sandbox on this ubisoft adoption
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we're pleased to see a company such as
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ubisoft embrace the values of
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decentralization and let fans play with
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the rabbids in novel experiences owned
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by their creators the moment aligns with
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our mission to build the open metaverse
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where everyone is welcome
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so the dominoes continue to fall give me
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your thoughts on this down below
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next piece of quick news for crypto
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gaming
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citis heroes receives an investment from
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animoka brands alameda research
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blocktopia okx polygon and master
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ventures so a huge sign of support for
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this crypto game
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citizero's the play to earn blockchain
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mmorpg game announced today that it had
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raised 21 million dollars in its seed
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private and public funding rounds with
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animoka brands as its lead investor and
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obviously any investment from animoka
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brands
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is huge
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and in a direct quote on this from the
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ceo of citizeros the citizeros team is
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honored and excited to be backed by a
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leading gaming giant of animokabranza's
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caliber and expertise
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together we will work on changing the
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perception of gaming in the new economy
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the expert guidance of animoca brands
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and the support from the other die hard
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enthusiasts just like us will make a
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huge difference to what citiz heroes
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becomes in one two and seven years time
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all right love to see the adoption love
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to see these major players investing in
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play to earn
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next piece of quick news for injective
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protocol injective partners with 88
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rising for the global digital festival
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with lvmh and lexis as partners so just
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as a reminder on what injective protocol
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is
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injective is the interoperable layer one
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optimized for building cross-chain web3
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defy applications
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so it's a defy protocol and the news
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today is this we are proud to partner
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with one of the fastest growing record
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labels idiot rising alongside a major
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major luxury brand lvmh and lexus on
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making this global digital festival
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happen
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let's party in the metaverse so how this
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affects you is that it's just
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interesting to see what these up and
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coming what well-established as well as
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up incoming brands are choosing who
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they're choosing to partner with as they
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enter the world of the metaverse and web
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3.
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all right let me update you on this case
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with a ripple versus the sec but first
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in 60 seconds or less i want to give a
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big shout out to sponsor of the channel
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blockvi
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you can earn an unlimited 1.5 back in
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bitcoin on every single purchase with
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in a direct quote married my best friend
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and stacked 3.5 bitcoin back on our
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wedding feeling like the luckiest man in
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block that card in another quote
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applied for the block fight credit card
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on tuesday and got it two days later via
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fedex that's the fastest credit card
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know down below in the video comment
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section if you have the card if you like
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next piece of quick news for crypto
[553]
punks open c once again d lists crypto
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punks version one as a legal battle
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heats up so many users bought punks nfts
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on the basis that there was only going
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to be 10 000 of them not potentially 20
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000 of them
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so you can think of this split between
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version 1 and version 2 sort of in
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simple terms like the split between
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ethereum classic and regular ethereum
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late monday nft platform openc once
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again delisted the crypto punk's version
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1 collection which came about which
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spiraled into existence alongside the
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iconic crypto punks version 2 collection
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due to a smart contract bug
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and for many years
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people didn't really talk about that
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version 1 which is sort of abandoned
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because crypto punk's version 2 is what
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all the celebrities are buying are
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talking about etc for many years openc
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banned the crypto punk's version 1
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collection as users shunned their
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authenticity however the collection's
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recent listing on competing nft
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platforms such as looks rare led to an
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increase in recognition and led open c
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to rescind its first ban
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so what this means to you is just be
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aware if you hear any of this talk about
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the confusion version one version two
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it's like ethereum classic versus
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ethereum with crypto punks version 1
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being sort of like that shunned ethereum
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classic
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and next up a quick update on ripple
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xrp gains 30 percent after ripple gets
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permission to explain fair notice
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defense versus sec so here is what
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happened
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judge torres has granted ripple
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permission to respond to the sec's
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memorandum of law in support of the
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motion to strike fair notice defense
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according to court documents basically
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this just means a small win for ripple
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additionally judge torres also ordered
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the unsealing of three documents
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concerning the sec versus ripple case
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including ripple ceo brad garlinghouse's
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email thread and deposition notice and
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founder chris larson's email string
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so is this good or is this bad
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well it's good because we're moving into
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the second phase of the case where
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hopefully things are going to happen
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so again we are still a long long way
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from a verdict but this small win the
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ripple price did respond positively
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so we'll see
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and next piece of quick news for burn
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finance and just as a reminder burnt
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finance is the first fully decentralized
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nft marketplace on solana you can mint
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and trade nfts for zero fees like i said
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this is on solana and the news today is
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this we're excited to announce our
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partnership with bonfida to enable any
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solani user to verify themselves on burn
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finance
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users on burned finance can now verify
[726]
themselves anonymously without
[728]
centralized organizations deciding who
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or what is verified so this is a major
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differentiator with this nft platform
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compared to nifty gateway compared to
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others the value prop of this is they're
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keeping it fully decentralized is the
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goal
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so how does this verification work
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verification doesn't decide whether
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somebody is real it just validates that
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people are who they say they are
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this allows potential buyers to conduct
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due diligence on promising nft projects
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more easily all right give me your
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thoughts on this down below cool to see
[763]
the building taking place
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all right that is the video my name is
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austin like always see you tomorrow and
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by the way whether you're on the east
[773]
coast or the west coast you can catch us
[776]
this thursday at a meet and greet in
[777]
santa monica here is the date here's the
[780]
time you can register just so we can
[782]
kind of gauge how many people are going
[784]
to show up but it is free show up either
[786]
way there's a link down below
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and if you are on the east coast
[790]
specifically miami from april 6th
[793]
through 9th join us for the biggest
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bitcoin conference of the year that's
[797]
bitcoin 2022 use code altcoin daily for
[800]
10
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off link down below there's a ton of
[803]
great speakers and they've just
[805]
announced north korean defector and
[808]
human rights activists she was on the
[810]
joe rogan podcast a couple months ago as
[812]
a bitcoin 2022 speaker along with
[815]
michael saylor president of el salvador
[818]
etc hope to see you there link down
[820]
below
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