Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February
Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.
Zhao pleaded guilty to violating the Bank Secrecy Act in court earlier on Tuesday, after federal officials alleged he directed Binance to allow U.S. customers to use the platform without conducting proper know-your-customer or anti-money laundering checks.
source
Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) said it seized $9 million worth of the tether (USDT) stablecoin linked to an organization that exploited victims through a "pig butchering" scam.
The seizure comes after agents and analysts from the U.S. Secret Service traced victim deposits that were laundered through several cryptocurrencies, a technique the DOJ described as "chain hopping" in its release Tuesday.
source
Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea
We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.
According to over-the-counter institutional cryptocurrency trading network Paradigm, the options market has increased activity in topside bitcoin call options in the aftermath of the Binance news, a sign of persistent bullish sentiment.
source
Long live HIVE, long live Bitcoin.
THE 1 DAY PANIC
But as you can see, it is quickly recovering. And if you read the last souce above you will know why. At least partly.
THE 1 YEAR OUTLOOK
One word. BULL.
BUILDING BBH
FUNDING UPDATE
| Hiver | BEE Donated |
|---|---|
| 30.00000000 | |
| 10.00000000 | |
| 2.00000000 | |
| 20.00000000 | |
| 1.00000000 | |
| 1.73180348 | |
| 55.00000000 | |
| 132.41768645 | |
| 100 | |
| 1 | |
| 2 | |
| 10 | |
| 10 | |
| 2 | |
| 10 | |
| 1 | |
| 2 | |
| 2 | |
| 13 | |
| 5 | |
| bradleyarrow | 672.48829034 |
| Hive-112281 | 1,403.20294112 |
| total | 2,075.69123146 |
| goal | 10,000.00000000 |
| Left | 7,924.30876854 |
Below the 8k mark. Awesome
I am raising asking for dontations to a minimum or 5,000 BEE to a maximum of 10,000 BEE.
5,000 BEE will get the OUTPOST off the ground. The other 5,000 will add to it, as in, staking, delegation, I need 1 BEE stakes for each active member of the OUTPOST. Etc.
So if you have BEE lying around in your wallet or if you want to be a founding member here it is.
AIRDROP
I will on launch of the outpost, air drop 20 BBHO for every BEE donated to getting this launched.
Max air drop will be 200,000 BBHO. There will only ever be this one air drop.
Some math for you. If we where fully funded at this moment and launched.
Approximately 3 BEE to 1 Hive 60 BBHO equals 1 Hive 0.00057 USD for BBHO if Hive at 34 cents.
Are you in?
BUILDING BBH
Every Saturday is drip day. That means it is/was drip day. Now if you are not a regular reader of mine you are wondering what is drip day.
I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.
Today over 900 payments were made again. And it was the second week for CTP tokens. I also left the bonus $LEO payout in place.
If you own 10 or more BBH tokens you got a drip of swap.hive. If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens. If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.
All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.
Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.
And a third way to get BBH would be people gift them to you.
TIPPING
In a 24 hour period, reset at new day UTC. There are currently four levels of tipping.
Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tip per day you can send
Level 3 = 20000 BBH holdings = 20 tip per day you can send
Level 4 = 50000 BBH holdings = 50 tip per day you can send
The tipping command is !BBH
I now set the release price of BBH to the markets daily. It is an open market so sometimes you can pick up deals when others are selling cheaper than my set price. The goal is to have 1 BBH = 1 Satoshi. I do a bit of math and get the price. If Bitcoin is stronger than Hive then the price of one BBH goes up and if Hive is strong than Bitcoin then the price goes down.
Here is the last week worth of price settings.
| 16 Nov 2023 | 37410 | 0.3753 | 100000000 | 0.00100 |
|---|---|---|---|---|
| 17 Nov 2023 | 36297 | 0.3712 | 100000000 | 0.00098 |
| 18 Nov 2023 | 36442 | 0.3606 | 100000000 | 0.00101 |
| 19 Nov 2023 | 36497 | 0.358 | 100000000 | 0.00102 |
| 20 Nov 2023 | 37195 | 0.3639 | 100000000 | 0.00102 |
| 21 Nov 2023 | 37373 | 0.3575 | 100000000 | 0.00105 |
| 22 Nov 2023 | 36532 | 0.3346 | 100000000 | 0.00109 |
With yesterdays fallout of CZ. Well $HIVE dropped further than $BTC did. So you see BBH go up.
LIQUDITY POOL
You can go look for yourself at BEE SWAP.
I really want to thank @ironshield for his motivation he keeps giving me. This is a screen shot of what he said to me yesterday.
Thanks so much.
ALIVE AND THRIVING
BBH and I are alive and thriving
GOALS
Get BBH Outpost built
Post on Hive at least once a day
Bring some joy to my wife today
Top 20 Hive-Engine Witness
Stake 1 million LEO
Stay positive and keep a good attitude
Promote Hive to someone new
Get Curation Trial to 200 people
Hit 6000 HP by end of 2023
Do 2000 strait days posting on Hive
LPUD every month in 2023
Make BBH the number 1 income token on HIve
Visit Ghana one day
FOOTER
Please take time to support my Hive-Engine Witness Node.
Don''t forget to check out our Curation Trail
Don''t forget to check out the The PIzza Plan
Have a super positive day everyone.
All roads lead to Hive.
Bradley