The economy is unrelated to the IKONIC Metaverse

The economy is unrelated to the IKONIC Metaverse. The job was completed ahead of schedule, and it went off without a hitch. Extensive research like this reveals fascinating new details about the metaverse. The IKONIC metaverse will not see any new features for a very long time. All you need is a receiver and some NFT speakers to join in on the digital get-togethers. One way for couples to strengthen their bond is for each partner to try something that they normally wouldn't. There has never been such a lack of attendance at NFL-sponsored activities (commonly known as NFTs). Recreational opportunities and sporting events are abundant. For optimum data redundancy and peace of mind, it is recommended that you keep several backups of your data at all times.

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#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN

Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says

The U.S. Trustee overseeing the Celsius Network bankruptcy is right to seek an independent examiner because the crypto lender’s CEO hasn’t been forthright with information.

Sasha Hodder, founder of Hodder Law Firm, told CoinDesk TV Friday there needs to be more “transparency” from Celsius CEO Alex Mashinsky, including a list of bitcoinautoprofit.comwhat creditors are owed money. Hodder's firm, which works with bitcoin and crypto entrepreneurs, is not involved in the bankruptcy proceeding.

“If [Mashinsky] was being transparent, [the Trustee] would not have a need to pull in an independent examiner,” Hodder said on CoinDesk TV’s “First Mover.”

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Creditors “are upset that [Celsius is] burning through the money very quickly,” Hodder said. The lender has been in bankruptcy proceedings since filing for Chapter 11 bankruptcy protection in July. On Thursday, the U.S. Trustee’s office filed with the Bankruptcy Courtbitcoinego.com of the Southern District of New York seeking the appointment of an independent examiner.

Celsius said on Monday it was going to run out of money by the end of October. However, on Friday, during a hearing call with creditors, Chief Financial Officer Chris Ferraro now says Celsius has or will have enough money to fund operations at least through the end of the year. Ferraro said the company could fund operations via maturing loans and savings from its sales and taxes on its newly established Texas-based mining rigs. Mashinsky, who was also on the call, did not answer any questions.

“No one has been able to get any straight information out of Celsius CEO Alex Mashinsky about how much they actually owe certain creditors,” Hodder said.

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In June, the crypto lender froze customer withdrawals in a bid to avoid a run on its deposits. By the end of the month, it turned to experts to help salvage and preserve its assets.

If the U.S. Trustee, which is responsible for overseeing bankruptcy matters including fraud, receives approval to assign an independent examiner, it may bebitcoingoldtrader.com likely that a list of what creditors are owed will finally be available, according to Hodder.

“We need more transparency,” she said. “[Of] the top 50 debtors, only 10 of them are known.”

Some may argue the warning signs were around even before the lender filed for bankruptcy, she said. Back in April, when the “market started to implode” and the company asked its clients to increase their bitcoin (BTC) holdings in the event it would have to use it as collateral, Hodder said, “it was disheartening for everyday investors.”

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Hodder added that because Trustee, part of the U.S. Department of Justice, is making the request to examine Celsius' financial operations, “it likely will go through.”

Until financial details are clear, however, Hodder said that Celsius should not only be more transparent, but should “stop spending exorbitant funds every day, fire all the staff [and] put everything on hold.” Back in July, the company spent $40 million, which it primarily used to set up its mining site.

Hodder said that if creditors are left without answers, it would be best “for [Mashinsky] to get charged criminally.”

“The probe into that criminal case may show that the creditors were lied to,” Hodder said.

Ethereum sends red signals, but should we worry about the long term?

The crypto market is experiencing a correction with Bitcoin and Ethereum giving back their gains from previous weeks.

The general sentiment in the sector was optimistic but could take a blow if main cryptocurrencies lose their current levels, but it started to worry me today after I've seen that ETH started to drop...Is this an alarming situation or?

I don't want to panic, but after all these recent drops in pricing over the past few months, I'm getting a little weary of these problems that keep popping up. I'm eager to see how the merger will affect prices.

I heard several times that “The Merge” will be a transcendental event for ETH’s price as the cryptocurrency will manage to attract fresh capital. What do you think about it?

When it comes to the price of gas fees, I'm using Metis but should be worried about high gas fees after the merge.

One thing is sure, traders should keep an eye on “The Merge” and any potential hurdles as they can negatively affect the price of Ethereum. But, I would say that ETH’s price must maintain its current levels to prevent further downside.

What is your opinion?

Which Cryptos Have a Limited Supply?

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🪙Limited supply cryptos refer to a cap on the maximum number of crypto coins that are issued or available in the market. A few cryptocurrencies have already reached the max limit like Litecoin. For some investors, the limited supply of cryptocurrencies creates a high appeal due to their rarity and because there is a high demand for them.

🧮But not all cryptocurrencies have a limited market supply. There are various other cryptocurrencies available for you to go that do not have any cap on them.

📌Here are our top 5 best cryptocurrencies with a limited supply:

☑Bitcoin (BTC) – Bitcoin can only have a max market supply of 21 million coins. 
☑Binance Coin (BNB) - The initial total supply of BNB was defined as 200,000,000 coins, but the supply is gradually decreasing due to the regular coin burn events.
☑Cardano (ADA) - It has a max supply of 45 billion ADA.
☑Ripple (XRP) - There is a maximum supply of 100 billion XRP tokens, and the company controls about 60% of them.
☑Coinswap Space (CSS) - Our token has a max supply of 19,999,999

🚀Interested in cryptocurrency investments, use the Coinswap Space platform and start investing!

🌐 https://app.coinswap.space/#/

#CoinswapSpace #AMM #DEX #Decentralized #Binance #Crypto #Technology #BNBChain #Cryptocurrency #Token #CryptoInvesting #MarketCap #Exchange #Finance #CryptoWorld #Tokenized #Coin #Dapp #Trading #Investments #Bitcoin #Cardano #XRP #Fintech #Cashless #Exchange #Finance #CryptoMarket #Trading #CryptoTrading #CryptoTrader #CryptoTrade #CryptoTradingStrategies #Decentralized 

Add to your calendar BitcoinZ (BTCZ) event: Tip.cc Discord Bot - August 26, 2022

https://kryptocal.com/event/81709/tip-cc-discord-bot

Who won the Diamond League women's 100m?

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