Crypto
Donald Trump Knows More About Cryptocurrency Than Anybody – WhoWhatWhy
The president-elect was courted by crypto investors to become the father of the American Bitcoin Reserve, which is designed to take prices for Bitcoin to the next level.
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President-elect Donald Trump has become a cryptocurrency enthusiast, egged on by crypto investors who are seeking to insure their investments in this dodgy asset keep gaining in value. Trump has promoted the idea of a US Federal Bitcoin Reserve. According to a Hill report, “Speaking at the Nashville Bitcoin 2024 Conference, Sen. Cynthia Lummis (R-WY.) floated a ‘revolutionary proposal’ to make the federal government a Bitcoin investor. It is hard to imagine how this might benefit US taxpayers or support the dollar’s value, but it certainly would raise the dollar price of Bitcoin.” Lummis describes “a strategic Bitcoin reserve” of 1 million Bitcoins that the government “would be required to hold … for 20 years.” At the current value of near $100,000 per Bitcoin, the reserve would be a Bitcoin buyer/holder to the tune of roughly $100 billion, a substantial market share with obvious market impact for crypto investors.
Here is a summary of Trump’s relationship with crypto-currencies.
While you’re here enjoying DonkeyHotey’s latest cartoon, please take a moment to read these articles on related topics:
The cartoon above was created by DonkeyHotey for WhoWhatWhy from these images: Donald Trump caricature (DonkeyHotey / Flickr – CC BY 2.0 DEED), body (Airborne1901 / Wikimedia – CC0 1.0 DEED), truck (Sergio Calleja / Wikimedia – CC BY-SA 2.0 DEED), warehouse (US Army / Wikimedia – PD), and bitcoin (Johannes Blümel / Pixabay).
While many social gaming platforms exist in the US, only a few, like Yay Casino, stand out. This social casino incorporates cryptocurrency into its platform, enabling players to enjoy speedy, secure, and transparent transactions. This ease of transaction, alongside other notable features, has provided players with an exceptional gaming experience that they cannot get anywhere.
If you’re new to Yay Casino or a seasoned player who wants to hear about this platform, this post is for you. After reading through, you’ll discover how Yay Casino transforms social gaming across the US.
What is social casino gaming?
Social casino gaming is an online experience where you can enjoy conventional casino games like poker, slots, roulette, and more. Generally, social casino gaming is for entertainment, where players can play casino-style games for free. Social casinos operate on a free-to-play model where players use virtual currencies without any financial commitment.
Like other types of casino games, players can enjoy social casino games on their preferred devices. This accessibility makes them convenient for players to enjoy at any time and anywhere. People in the US enjoy social casino gaming because of its low chance, daily rewards, entertainment value, and social features.
How is Yay Casino transforming social gaming in the US
Below are some features of this crypto social casino in the US that are responsible for transforming the social gaming space.
1. Easy cryptocurrency integration
Yay Casino has a user-intuitive and easily navigable platform, enabling players to explore the digital currency space without any hassle. Players who want to purchase extra packages to play games can make deposits or withdrawals instantly. This ease has eliminated the delays of traditional payment systems. All crypto transactions on this platform are processed almost instantly.
2. Improved security and privacy
This casino leverages blockchain technology to provide exceptional privacy and security, which is higher than what many traditional online casinos offer. Players don’t need to share their sensitive banking or personal information. Also, all transactions are encrypted and anonymous, making it impossible for third parties to access your data.
3. Faster deposits and withdrawals
Yay Casino helps players save time by offering lightning-speed transactions via cryptocurrency. Unlike traditional banking methods that take some days to process withdrawals, crypto withdrawals are processed within minutes. This platform’s instant deposits ensure you don’t miss out on time-sensitive promotions or tournaments.
4. Accessibility across the US
Players from anywhere in the US can access Yay Casino’s offerings without restrictions, thanks to cryptocurrencies offering borderless transactions. Crypto works in any region in the US, enabling players to stay above the limitations set by traditional payment systems. Players can enjoy Yay Casino without bothering about compliance problems.
5. Leading the social gaming innovation
Yay Casino is at the forefront of social gaming. It doesn’t just embrace cryptocurrency—it incorporates it into all aspects of the gaming experience. The platform focuses on innovation and community, making it more than just a gaming platform.
Overall, Yay Casino is transforming social gaming in the US with the seamless integration of cryptocurrency into its platform. The platform offers improved security, speedy transactions, and innovative features that keep players coming back for more. Join Yay Casino today and get the chance to be part of the cryptocurrency craze!
As the cryptocurrency market continues to evolve, HONG is poised to make a significant impact, attracting both seasoned investors and newcomers. The presale will offer early supporters exclusive access to HONG tokens, paving the way for further growth and development while fostering a community that prioritizes social responsibility.
The launch comes at a time when interest in innovative cryptocurrencies is at an all-time high. With a focus on creating an inclusive community and fostering collaboration, HongDong Coin aims to simplify the cryptocurrency experience for all users. The presale is expected to generate considerable excitement, positioning HONG as a formidable player in the market.
Following the presale, the highly anticipated public listing of HONG will take place on January 1st, 2025, allowing a broader audience to participate in this exciting venture. The launch represents a key milestone for the HongDong project, with plans for continuous development and community involvement.
The roadmap for HongDong Coin includes a variety of features designed to enhance user experience and engagement. Future developments will focus on NFT offerings, IRL utility and other innovative solutions to keep users connected and invested in the project. As detailed on HongDong Coin’s website (http://www.hongdongcoin.com), the project is committed to building a sustainable and thriving community that benefits all stakeholders while supporting humanitarian causes.
About HongDong
HongDong, often referred to as Big Splash, is celebrated as the most expensive Tibetan Mastiff ever sold, garnering international attention and earning a spot in the Guinness Book of World Records. This extraordinary red mastiff commanded an eye-popping price of ten million yuan, a testament to the breed’s rarity and allure. The Tibetan Mastiff is an ancient breed and is thought to have fought beside the Assyrian, Persian, Greek, and Roman armies. Both Genghis Khan and Attila the Hun had Tibetan Mastiffs by their side. HongDong now lives on the Solana blockchain, forever legendary.
About Dalai Lama
The Dalai Lama is the spiritual leader of Tibetan Buddhism and the former political leader of Tibet. He is known for his teachings on compassion, non-violence, and the promotion of human values. The Dalai Lama has dedicated his life to advocating for peace and understanding among all peoples and has become a global symbol of tolerance and kindness. His teachings inspire individuals and organizations worldwide to engage in humanitarian efforts and foster a sense of community and mindfulness.
About PinkSale
PinkSale is a popular platform for launching new cryptocurrency projects through token sales. It provides a user-friendly interface for both developers and investors, allowing for seamless presale and public sale processes. PinkSale is recognized for its commitment to transparency and security, helping new projects raise funds while ensuring investor protection. The platform has gained a reputation as a go-to launchpad for innovative crypto ventures, making it an ideal choice for the upcoming presale of HongDong Coin. You can learn more about PinkSale at www.pinksale.finance.com
Interested buyers can join the presale for HONG tokens and become early adopters of this promising cryptocurrency as it prepares to launch into the market. You can learn more about HongDong Coin at: Web: www.hongdongcoin.com | Instagram @hongdongcoin | Telegram t.me.hongdongofficial | X @hongdongcoin | Facebook @hongdongcoin
Disclaimer: This is a press release and does not contain any financial advice. Readers should do their own research before taking any actions related to the company mentioned. You are solely responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. Cryptocurrency is volatile.
Media Contact
Media Department, HongDong Organization, 1 4245254664, [email protected], www.hongdongcoin.com
SOURCE HongDong Organization
Brooklyn District Attorney Eric Gonzalez announced Friday that his Virtual Currency Unit has dismantled a cryptocurrency scam targeting artists across the United States.
The investigation, led by a team from the DA’s office, began after an 85-year-old Brooklyn painter was defrauded of his life savings, traced the scheme to Nigeria and identified 40 fraudulent NFT marketplace websites. Those domains have now been seized to prevent further victimization, the DA’s office said in a press release.
“Cryptocurrency scams can take many forms but have similar characteristics, such as preying on vulnerable victims and requesting fees to redeem purported earnings,” DA Gonzalez said. “These were the tactics used in this case, leading our investigators to a network of fraudulent websites that specifically scammed artists. It is my hope that by shutting these domains and raising awareness about this scheme, we will prevent others from falling victim to this scam.”
The probe began in May when the children of a Clinton Hill resident reported their father’s financial and emotional devastation. The professional painter had been contacted via LinkedIn by an alleged art dealer claiming to represent “OpenSea/Private Mint,” a counterfeit version of the legitimate NFT marketplace OpenSea.
The scammer convinced the victim to sign a contract to mint his art as NFTs. The scammer later claimed the NFTs had generated $300,000 in bitcoin but required him to pay fees to access the proceeds. The painter liquidated his IRA, maxed out credit cards, and took out a loan to send over $135,000 in cryptocurrency to the fake platform.
The fraud unraveled when the promised payout never materialized, leaving the victim financially ruined.
The Virtual Currency Unit traced the victim’s payments to accounts at a cryptocurrency exchange. The funds were primarily converted to Nigerian currency, making recovery impossible. Investigators linked the scam to a network of 40 fake NFT marketplace websites, some of which tricked users into entering their cryptocurrency wallet seed phrases, allowing scammers to drain entire accounts.
Though the stolen funds could not be recovered, the DA’s office obtained court orders to seize the 40 fraudulent domains. The sites now redirect to a seizure notice warning users of the scam.
“This scheme targeted artists nationwide and exploited their trust in emerging digital markets,” Gonzalez said. “By taking these sites offline, we are stopping future harm and educating the public.”
The DA’s office provided tips for avoiding similar scams:
- Verify the legitimacy of art dealers and NFT marketplaces.
- Only use trusted NFT platforms and avoid sites requiring high upfront fees.
- Never share your cryptocurrency wallet seed phrase.
- Be wary of offers that seem too good to be true.
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