SCB

R100K-Martin-Lunger

Right now BTC is past 70K and I think the upward trend might continue post the halving. SCB predicted it will hit 150K end of year. Altcoins are also on the rise, but honestly no one can tell if they will reach bitcoin's level. Oh definitely don't sell today, keep HODLing and investing (what you can afford to lose). I have 173% profit to show for my investments thanks to crypto AI trading bot's portfolio rebalancing. I've a fair mix of altcoins and BTC to play with. Ultimately, no one can predict how high the market will go but I'm in it for the long haul. If you want some guidance on your own investment style, maybe try this quiz: [https://r100k.com/what-type-of-crypto-investor-are-you](https://r100k.com/what-type-of-crypto-investor-are-you)

tsurutatdk

Yeah, I have SHIB, and it seems like meme coins are having their turn, with KIRBY and SCB pumping as well. Still, don't forget to take profits. I've used my profits to buy XTP since it also has the potential to take off and already has a working platform globally.

coinfeeds-bot

tldr; The Securities Commission of The Bahamas (SCB) has called FTX's new management "cavalier" as it pushed back on statements made by the collapsed exchange. The SCB sought to "correct material misstatements" made by FTX’s new chief executive, John J. Ray III, as part of bankruptcy proceedings. Among the contested points were the SCB's own calculations regarding the value of assets which it has been holding since FTX *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities Commission of Bahamas (SCB) took control of FTX's assets on Nov. 12. The assets were valued at over $3.5 billion based on market pricing when the SCB took control. The SCB states that the funds are exclusively under their control. Meanwhile, FTX founder Sam Bankman-Fried has withdrawn over $684,000. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities Commission of the Bahamas has seized $3.5 billion worth of digital assets from FTX Digital Markets, the Bahamian subdivision of the defunct crypto exchange. The assets were seized on the 12th of November, a day after the former crypto behemoth filed for Chapter 11 bankruptcy. The funds are currently held in a digital wallet belonging to the SCB and will be returned to their respective owners. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The former co-CEO of FTX Digital Markets, Ryan Salame, told the Securities Commission of the Bahamas (SCB) on Nov. 9 that FTX was sending customer funds to its sister trading firm Alameda Research. The allegation spurred SCB executive director Christina Rolle to contact the commissioner of the Royal Bahamas Police Force to request an investigation. This is the first known instance of an executive from FTX or Alameda assisting authorities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities Commission of The Bahamas (SCB) has said that only placing FTX Digital Markets into liquidation was not sufficient, citing the risks associated with hacking and breach. SCB Executive Director Christina Rolle also lashed out at FTX CEO John Jay Ray III for "misrepresenting" the agency's action through the "intemperate" and "inaccurate" allegations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities Commission of The Bahamas (SCB) has ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission. SCB justified the move by stating that "urgent interim regulatory action was necessary to protect the interests of clients and creditors of FDM." FTX filed for Chapter 15 bankruptcy protection in a New York-based court. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities Commission of The Bahamas (SCB) contradicted the statement published by FTX about resuming withdrawals in The Bahamas. The regulator said that it does not “condone” the preferential treatment of any FTX customers. FTX users had been trying to funnel funds through the help of Bahamians. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

dirtyhandsome

tl;dr >The Securities Commission of the Bahamas did not require failed crypto exchange FTX to allow withdrawals for users in the country, according to a statement shared on the financial regulator's Twitter account. "The Commission wishes to advise that it has not directed, authorized or suggested to FTX Digital Markets Ltd. the prioritization of withdrawals for Bahamian clients," the SCB wrote, adding that "The Commission does not condone the preferential treatment of any investor or client of FTX Digital Markets Ltd. or otherwise." The SCB's statement comes after FTX cited "Bahamian HQ's regulation and regulators" as the reason it facilitated withdrawals in the country.

DoubleFaulty1

TLDR: The Securities Commission of the Bahamas (SCB) published a statement on Twitter Saturday suggesting that a recent tweet by FTX admitting that Bahamian users were able to withdraw funds at the regulator's urging was inaccurate. FTX said in a tweet "per our Bahamian HQ's regulation and regulators, we have begun to facilitate withdrawals of Bahamian funds" on Thursday.

coinfeeds-bot

tldr; The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients. The SCB has warned that any withdrawal of funds could be clawed back as part of the firm's potential liquidation proceedings. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Thai Securities and Exchange Commission has fined Bitkub CTO Samrong Wachanasathien the equivalent of $230,000 for executing an insider trading scheme. The CTO purchased large amounts of BitkUB Coin prior to the planned 51% shares acquisition by Thailand’s SCB Securities. He amassed the tokens worth up to $61,000 before the deal was announced. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Clash_My_Clans

"As part of the arrangement, both SBI Remit and SCB will use Ripple’s enterprise blockchain solution RippleNet to process real-time remittance services. Right now, Thai recipients use local agents to retrieve cash sent by their relatives in Japan. “This makes it possible for 47,000 Thai nationals living in Japan to send money home faster. SBI Remit’s customers can use ATMs to instantly send money in JPY to a recipient’s SCB savings account in Thailand and receive funds in THB within seconds,” Ripple said in its PR."

coinfeeds-bot

tldr; Thailand's oldest bank SCB X has indefinitely postponed its plans to acquire 51% stake in Bitkub, the country's largest local cryptocurrency exchange. The deal was set to be completed by the second quarter of 2022 as part of SCB's plan to become a regional fintech. However, the deal has been postponed indefinitely due to stringent crypto regulations in the country. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The bank’s venture arm, SCB 10X, is using Compound Treasury’s 4% yield service via the Fireblocks custody platform. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

eNzyy

It's not a decentralised organisation making an add, Bitkub is an exchange in Thailand that is 51% owned by SCB Bank. Also it's impossible to deposit to Binance and other big exchanges from a Thai bank (probably to push people into using Bitkub with their huge spread)

oval79

There are ads everywhere in Thailand for bitcoin exchanges, the largest of which (Bitkub) is owned by SCB, which in turn is partially owned by the Crown. So it's seems a distant possibility if the elite are on board.

coinfeeds-bot

tldr; Terraform Labs launches the Global Founder Fellowship program with partners including JUMP Crypto, Delphi Digital, Outlier Ventures, Long Hash Ventures, SCB10X, Alpha Finance Lab, Ship Capital, Basis Set Ventures, Insignia Ventures, among others. The aim of the program is to work with top tier early-stage VC firms, accelerator programs, and tech unicorn companies to identify and support project founders. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

anoneatsworld

You even see that on today’s fiat. HKDs look different depending on whether BoC, HSB or SCB issued them. All the same value but it’s interesting that the notes actually differ. Could see that coming, something like a Citibank parachain, why not?

coinfeeds-bot

tldr; Thailand’s Siam Commercial Bank (SCB) has announced the opening of its first headquarters in the Sandbox Metaverse. The SCB 10X is a holding company that aims to revolutionize Venture Capital and the Venture Building through technology, blockchain, and further innovations. This SCB digital bank branch will be available on the Metaverse, starting from March 11, 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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DuplicateDestroyer

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jyv3257e

We published a [new guide](https://raspibolt.org/static-channel-backup.html) for LND node operators that explains how to create a simple automatic backup of the SCB: * locally, on a USB stick or mSD card * remotely, to a private GitHub repo For added redundancy, the Telegram BOS bot also send SCB updates, see our set up [guide](https://raspibolt.org/bonus/lightning/balance-of-satoshis.html#optional-connect-your-node-to-a-telegram-bot) here. *(should work on any node with a Debian-based OS)*

xFury86

This is great news! Lots of Crypto supporters in Thailand. There have been a lot of crypto exchange ads all over Bangkok lately. Some of the big banks, such as SCB is already partnering with Thai-based exchange.

funkidredd

Kings just brought 50% into bitkub exchange along with the SCB bank he also has his fingers in. ASEA countries all looking to codify and harmonise their tax rates and collection across their borders. Thailand's defamation laws are pretty hardcore already, and population sleepwalking towards junta being in power forever. And this, coming from an Australian who's government is running surveillance like China could only have a wet dream over.

coinfeeds-bot

tldr; Hong Kong property developer Sun Hung Kai has invested $90 million in Swiss crypto startup Sygnum in a Series B round of funding. The funding round, led by SBI Holdings and Siam Commercial Bank’s digital investment arm SCB 10X, will help the startup expand around the world and create new products in collaboration with strategic investors. The round also includes nonfungible token (NFT) companies like Animoca Brands. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

eyeoft

Good question. To fill in for anyone reading: Static Channel Backup is a recovery file kept by lnd, the most popular Lightning implementation. It gets updated when the node creates a new channel, and responsible lnd operators always keep an up-to-date copy of their SCB file off-site. It allows a node to recover its funds from channels in case of catastrophic failure by asking its channel peers to force-close their channels automatically. SCB recovery is trustless in practice for two reasons - game theory and Watchtowers. 1. **Game theory** \- force-close fraud is inherently dangerous because your would-be "victim" can claim all of your channel funds if you get caught trying to lie. All it takes is for the node to pop back up and present proof from its own ledger and \*poof\* go the attackers funds. Laying a honey-pot trap for such an attacker would be **very** easy if their node were to respond to automated force-close requests by attempting fraud. 2. **Watchtowers** cinch it. A Watchtower is another node on the network that keeps a backup of your channel-state proofs and presents them in case of fraudulent closes. Even if the SCB recovery were a sure sign that your node was dead for good, there's no way for a malicious channel-partner to know you don't have Watchtowers somewhere out there ready to catch them.

streetbreedcoin

$SCB check it out!

T0nee

1. Bitkub after SCB took over - is no longer decentralized concept anymore. 2. No account deactive avialble on website - You will ge a hard time to deactive account. After my verification was failed and I want to close permanently, However, I never get back from them per my request. My friend also encounter a same issue since May-2021 with attempting many time. And finally received a reponsed that my friend will need to send Photo ID, selfie photo,email, signature,address on your own writing (see below). After submitted, no one responding until now. Dear customers, in case you wish to deactivate your Bitkub account, please reply to this email with a selfie of you attached to the request by holding your ID card and a piece of paper. "Request to deactivate your Bitkub.com account" and specify 1. Your Bitkub account email 2. Current date and 3. Your signature. (handwriting only) on paper

allthew4yup

Thailand's Oldest Bank Acquires Majority Stake in Country's Largest Crypto Exchange. Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub

coinfeeds-bot

tldr; Thai crypto exchange Bitkub has been acquired by a subsidiary of the oldest bank in Thailand, SCB X. The deal is expected to be completed by the first quarter of 2022. The investment was due to foreseeing significant growth opportunities in the digital asset business. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*