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đź’ĄBinance, an early FTX investor, linked to CCP, WEF and UNđź’Ą
November 26, 2022
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One of the earliest investors in the scam known as FTX is Binance, the world’s largest cryptocurrency exchange. And Binance, we now know is tied to all sorts of globalist operations including the Chinese Communist Party (CCP), Klaus Schwab’s World Economic Forum (WEF), and the United Nations (UN), to name just a few of the more well-known ones.

Disgraced FTX CEO Samuel Bankman-Fried, whom the media is referring to as SBF, was the second-largest donor to the Democrat Party – the first being none other than George Soros. And Binance is tied to all this left-wing money laundering as well.

“The shambolic 30-year-old whiz kid, once said to have been worth $16 billion, had spent $10 million helping get Biden elected in 2020,” reported the New York Post about SBF.

As for Binance, it was one of FTX’s first investors that supposedly “knew the company well,” according to a Nov. 17, 2022, article from CNBC. (Related: Alameda, the now-defunct crypto trading firm tied to the also-now-defunct FTX crypto exchange, was front-running crypto trades against customers, robbing them of value.)

It was Binance that helped establish the “massive Bahamas-based FTX slush fund,” as Mary Fanning and Alan Jones from The American Report are calling it. Without Binance’s help, in other words, FTX’s criminal Ponzi scheme probably never would have been possible.

“The Democrats’ FTX-funded 2020 election scheme, which was connected to the CCP and WEF via FTX early investor Binance, placed Joe Biden, the father of Hunter Biden, into the White House,” Fanning and Jones explain.

Are communist Chinese globalists pulling the strings of American elections?

Connecting the dots, it would seem as though Binance, FTX, and possibly many other crypto scams are one of the many vehicles used by the CCP to influence and control U.S. elections.

We know this happened in 2020 with the revelations concerning HAMMER and SCORECARD, which were used by the CCP to install China Joe into the Oval Office even though Donald Trump actually won the election, had there not been any fraud.

“Hunter Biden is a well-known CCP espionage services-connected globe-trotting operative who met with Xi Jinping and KGB veteran Russian oligarchs in an effort to corner the global energy market on behalf of China and Russia,” Fanning and Jones further explain.

At the heart of Binance’s global crypto exchange syndicate is a woman named Helen Hai, a Chinese-born CCP operative based out of Great Britain who used to hold the title of vice president at Binance. Another is Changpeng “CZ” Zhao, Binance’s CEO who ultimately calls all the shots.

Hai is a World Economic Forum (WEF) Young Global Leader along with Ivanka Trump. She is also the co-chair of the WEF’s Global Future Council on the Future of Human Enhancement.

Hai is also the “Goodwill Ambassador” of the UN’s Industrial Development Organization (UNIDO) in Shanghai, as well as the CEO of a massive CCP-backed, Chinese-owned shoe factory in Africa that exploits cheap labor.

In a video for Binance celebrating its five-year anniversary, Hai admitted that one of the primary goals of this company is to “shape the Fourth Industrial Revolution,” which is also the goal of communist China – imagine that!

Schwab, by the way, wrote an entire book called The Fourth Industrial Revolution that ties this all together, revealing a “master plan” that involves creating chaos for the purpose of uncovering an “opportunity.”

Earlier this year before FTX collapsed, SBF reportedly bought back Binance’s shares in FTX “to buy them out of our cap table.” It turns out that this move protected Binance from the eventual fallout of FTX, almost like the whole thing was scripted from the beginning.

The latest news about the collapse of FTX and the global financial system can be found at FinanceRiot.com.

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The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

đź’  'Based Agent' enables creation of custom AI agents
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đź’  Equipped w/ crypto wallet and on-chain functions
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👉 What this means for the future of Crypto:

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Anticipation around Innovative Finance Day Seoul is heating up 🔥

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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đź”— Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are Eternl, Typhon, Vespr, Yoroi, Lace, ADAlite, NuFi, Daedalus, Gero, LodeWallet, Coin Wallet, ADAWallet, Atomic, Gem Wallet, Trust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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đź”— Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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