#cryptomemes #dragracing

#BinanceCase 🌐 Binance CEO Resignation and Guilty Plea: - Changpeng Zhao, CEO of Binance, plans to step down and plead guilty to violating U.S. anti-money-laundering requirements. - The plea deal aims to allow Binance to continue its operations and involves fines totaling $4.3 billion. - Zhao is scheduled to appear in a Seattle federal court to enter his plea. 🪙 Legal Issues and Investigations: -Binance, under Zhao's ownership, will also plead guilty to a criminal charge. -The deal would bring an end to long-running investigations of Binance, which has faced scrutiny despite its market success. 📍 Overall Context: - The deal aims to settle various legal challenges, allowing Binance to move forward while imposing substantial fines. The exclusion of an SEC settlement and Zhao's residence in the U.A.E. were points of contention in negotiations. How do you think it will affect the cryptocurrency market? What are the main pros and cons of this case? Share your thoughts 👇

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🕵️‍♂️ Van Gogh NFTs sell for millions as tokens moon again Two tokenized versions of Dutch artist Vincent van Gogh’s paintings have reportedly been sold for more than $2.5 million combined. Data from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) rendition of a painting by Van Gogh has changed hands for $1.3 million. The transaction comes only a day after another Van Gogh-inspired NFT sold for $1.27 million. Auction records reveal that the digitized paintings, number 132, fetched a sum of 35.9999 BTC or $1,313,635, while number 283 was sold for 34.9999 BTC, translating to $1,275.612 on the Bitcoin network.

🔑 Free-to-play Web3 games hold the key to mass adoption, YGG co-founder Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr in players, says Yield Guild Games CEO and co-founder Gabby Dizon. Dizon said unlike games such as Axie Infinity — which require players to purchase at least three Axie nonfungible tokens (NFTs) to play — the new wave of hyper-successful Web3 games will seek to remove as many of the financial and technical barriers to entry as possible.