Grayscale Rolls Out Aave Fund

Aave has becomes one of the largest crypto lending protocol by total value locked.

Grayscale’s has started a new fund which offers exposure to Aave’s AAVE token, the asset manager said on Thursday, in what has been a series of novel products from the crypto asset manager.

Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.

While the platform’s native token stands at a market capitalization of $2.3 billion, a relatively small number compared to most well-known tokens, the protocol has become the largest cryptocurrency lending protocol by total value locked (TVL), according to data by DeFiLlama.

“Grayscale Aave Trust gives investors exposure to a protocol with the potential to revolutionize traditional finance,” Grayscale’s head of product and research, Rayhaneh Sharif-Askary, said in a statement.

“By leveraging blockchain technology and smart contracts, Aave’s decentralized platform aims to optimize lending and borrowing while removing intermediaries and reducing reliance on human judgment,” he said.

The launch comes only a few weeks after Grayscale rolled out its most recent fund, the Grayscale Avalanche Trust, offering investors exposure to the AVAX (AVAX) token. The asset manager currently offers over 20 different crypto investment products, a number that has grown after the launch of the spot bitcoin exchange-traded funds (ETFs) in January, which spurred interest for publicly tradable products tracking cryptocurrencies.

Grayscale is the issuer of the Grayscale Bitcoin Trust (GBTC) and the Grayscale Mini Bitcoin Trust (BTC) as well as the Grayscale Ethereum Trust (ETHE), which all launched earlier this year.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Crypto for Advisors: Crypto as a Growth Driver

For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether ETFs earlier this year.

In today’s issue, Nathan McCauley, co-founder & CEO of Anchorage Digital, explores how crypto could be a growth driver for advisors.

In Ask an Expert, Marissa Kim from Abra Capital Management answers questions advisors may have about including crypto in their practice.

Sarah Morton

You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.

Crypto is a Growth Driver for Wealth Managers

For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether exchange-traded funds (ETFs) earlier this year.

As organic growth in wealth management declines and the marketplace becomes more crowded and competitive, crypto can help wealth managers drive client retention and reach new clients with a differentiated offering.

Between the new spot ETFs and separately managed accounts (SMAs), wealth managers have a wide menu of options to offer crypto to their end clients.

ETFs and streamlined adoption

Spot ETFs present a streamlined path for wealth managers to offer crypto, especially for those who use ETF-based model portfolios. In recent months, some of the largest players – from major wealth management firms to Wall Street banks – have allowed advisors to offer crypto ETFs to eligible clients.

The ETF wrapper has unlocked serious latent interest in integrating crypto into traditional portfolios, driving tens of billions of dollars into the digital asset class through a regulated and accessible investment vehicle. Competition amongst ETF issuers in the U.S., in particular, sparked fee compression for these products, benefiting crypto ETF shareholders.

While spot crypto ETFs continue to be a significant unlock across mainstream and institutional finance, there are a few things wealth managers need to keep in mind. First, only SEC-regulated spot ETFs for bitcoin and ether are available on the market today. Like all spot ETFs, these products give shareholders direct exposure to – but not direct ownership of – the underlying asset.

As a result, wealth managers should also consider other complementary avenues for crypto ownership, such as SMAs.

Crypto SMAs as the next evolution

With rising adoption of SMAs across the board and increasing interest in crypto as an asset class, crypto SMAs represent a perfect marriage. By combining direct ownership with professional management, crypto SMAs offer significant benefits for both wealth managers and clients alike.

A qualified custodian serves as the base layer of a compliant crypto SMA. Today, wealth managers can access qualified custodians for crypto through turnkey asset management platforms, third-party technology platforms, and direct integrations. Safekeeping crypto with a qualified custodian gives end clients the regulatory certainty they need to participate in the asset class.

For end clients, crypto SMAs unlock the ability to access a broader range of digital assets – beyond just Bitcoin and Ethereum. The SMA structure also allows for greater flexibility in portfolio construction, which means end clients can deploy more personalized investment strategies. End clients may also benefit from improved tax efficiency.

For wealth managers, what does all of this mean? Greater client choice, which translates into enhanced client retention and differentiation from competitors in the market. By offering crypto SMAs, wealth managers can help future-proof their businesses – while providing the safety, security and regulatory certainty that clients have come to expect.

Embracing crypto through SMAs and complementary vehicles like spot ETFs can help position wealth managers to play a leading role in financial innovation, driving both long-term client satisfaction and business growth.

Nathan McCauley, co-founder & CEO of Anchorage Digital

Ask an Expert

Q: How large of an opportunity does crypto represent? We want to understand how much firm resources we should devote toward gaining knowledge of crypto products.

It is estimated that about 50 million Americans (15%) already own crypto today, which means some of your clients likely already have exposure or are interested in getting exposure. Moreover, the adoption of cryptocurrencies is happening faster than the adoption of the internet, and we believe this participation rate may skyrocket over the next five years so that there will be significant demand from your clients.

As the wealth transfer from Boomers to Millennials occurs over the next five to 20 years, we believe millennials will have greater interest in owning cryptocurrencies and are likely to want to hold those assets directly, versus through ETFs or ETPs. There are still ways for advisors to be value-add to this type of client, but it does require investment of time to learn how clients will want to access these assets and the full breadth of product offerings beyond the ETFs.

Q: Where do digital assets fit into client portfolios from an allocation perspective?

Bitcoin is now being considered by some as a risk asset and as an asset that you would hold in a lower risk, defensive bucket, similar to precious metals or bonds. That being said, many advisors we speak to are only recommending to their clients exposure of 1-5% of total investable net worth to Bitcoin for now.

Assets like Ethereum and Solana are still being considered mostly in a high-risk bucket, more similar to owning single high-growth technology stocks, which can have significant upside as adoption continues but will also continue to be volatile, which may not be suitable for large position sizing or for some types of more conservative investors.

Q: What will happen with the regulatory environment in the U.S. – should we wait to make recommendations until the landscape is more settled?

In general, there is uncertainty in the U.S. around how digital assets should be treated under current law and whether the SEC and/or CFTC have jurisdiction over certain assets. There are many inconsistent approaches from various U.S. agencies and active cases going through the legal system now that are starting to show where the gaps are. There have also been several bipartisan crypto-related bills proposed over the last year.

While the industry certainly needs more regulatory clarity, BTC and ETH have some certainty following the approval of the spot ETFs, which confirmed that these assets are commodities – which is why these assets are likely to see increased institutional adoption.

Marissa Kim, head of Asset Management, Abra Capital Management

Keep Reading

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M

Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing.

A hallmark of the last cryptocurrency bull market was the remarkably high sale prices for various non-fungible tokens (NFTs).

The world has largely moved on from NFTs, with enthusiasm for crypto products embellished with quirky images now directly toward memecoins – so, so many memecoins.

Yet, on Thursday, a sign of bull markets past returned: A CryptoPunk NFT just sold for a record price of $56.3 million. The prior all-time high of $23.7 million was set in February 2022, months before the crypto winter got truly dark.

Punk 1563, depicting a pixelated woman with dark hair and blue eyes, fetched 24,000 ether (ETH) in the transaction. As recently as September, it was offered for sale for less than 30 ETH – meaning the latest deal represented a huge markup versus recent pricing.

NFTs have historically seen all manner of weirdness around sales. There was the time in 2021 when another CryptoPunk technically sold for $532 million, though blockchain data clearly show the same person was on both sides of the trade.

And there have been allegations that NFT were used for money laundering.

It’s not clear what the motivations were for Punk 1563, though.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops

Bitcoin held above the $60,000 key support level, while Ethereum’s ETH fell to near its weakest level against BTC since mid-September.

Bitcoin (BTC) once again was teetering above the $60,000 level on Thursday, while smaller cryptocurrencies tumbled amid geopolitical turmoil and the surging U.S. dollar.

BTC rebounded to $61,500 during the Asian trading hours from Wednesday’s very brief dip below $60,000, but turned lower during the European and U.S. sessions. The largest cryptocurrency changed hands around $60,700 recently, up 1% over the past 24 hours.

Meanwhile, the broad-market benchmark CoinDesk 20 Index fell 1.5% during the same period, indicating the weakness in the rest of the digital asset market relative to BTC. Ethereum’s ether (ETH) was down 1%, while Ripple’s XRP (XRP), Solana (SOL), Avalanche (AVAX) and Render (RNDR) led losses among altcoin majors.

One notable outperformer was layer-1 blockchain Aptos’ (APT) native token gaining 7% for the day. Wednesday news of Franklin Templeton expanding its tokenized money market fund to that blockchain may explain that outperformance, while some observers speculated that traders rotated some profits from close competitor network Sui’s (SUI) 110% rally in a month.

Bitcoin’s outperformance over the broader market meant that BTC’s market share of the total crypto market capitalization – also known as Bitcoin Dominance – climbed above 58%, while the ETH-to-BTC ratio dropped near its mid-September trough of 0.038.

“Bitcoin dominance continues to trend higher, and it is now just 0.2% away from a new three-year high,” said James Van Straten, a senior analyst at CoinDesk.

U.S. dollar surging

The overall dismal week for crypto happened with increasing concerns about military escalation in the Middle East, which sent crude oil prices near $74 a barrel, the highest in more than a month, while the U.S. dollar hit its strongest level against key currencies since mid-August.

Thursday’s stronger-than-expected ISM non-manufacturing data also supported dollar strength, which usually weighs on prices for risk assets like cryptocurrencies.

“We saw more solid services data from the U.S., which pushed the U.S. dollar index (DXY) closer to 102, giving a 70% likelihood of a 25-basis-point rate cut at the November meeting,” Van Straten said.

What may have exacerbated dollar strength and the general risk-off move on asset markets in early October is a spike in Secured Overnight Financing Rate (SOFR), a key borrowing interest rate between banks that could be a signal of liquidity stress, Steno Research’s Samuel Shiffman noted in a report.

The report added that the situation is reminiscent – albeit on a smaller scale – of the repo crisis in September 2019, when the Federal Reserve was forced to intervene to end dysfunction in key lending markets.

“We are nearing levels where liquidity pain becomes acute,” Shiffman said, adding that the Fed “could feel tempted to address it” by adding liquidity to the financial system.

Another important catalyst for markets will be Friday’s U.S. jobs report. “A combination of expected rate cuts and labor strength could boost risk assets,” crypto hedge fund QCP Capital said.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

The asset manager said the launch of the spot crypto exchange-traded funds this year has made futures-based crypto products less compelling.

Bitwise was one of the money managers who joined the spot bitcoin ETF revolution earlier this year, introducing a fund that now holds $2 billion of the cryptocurrency.

But that plus the subsequent introduction of exchange-traded funds for Ethereum’s ether (ETH) diminished interest in three older Bitwise products that gave investors bitcoin (BTC) and ether exposure in a way now deemed less appealing. This prompted the company to merge that trio of funds, which held futures contracts tied to the cryptocurrencies, into a single product that takes a slightly different tack involving U.S. Treasures.

Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).

In a statement, Bitwise said that the launch of the spot bitcoin and ethereum ETFs earlier this year has made futures-based crypto funds less compelling for investors looking for long-term capital appreciation.

With the new fund, the asset manager can better manage the volatility of the crypto market by rotating between 100% exposure to crypto futures contracts and 100% exposure to U.S. Treasuries based on market trends.

“Bitwise is likely just catering to things they’re hearing from clients and potential clients,” said James Seyffart, ETF analyst at Bloomberg Intelligence. “They have an actively managed division within Bitwise, so it makes sense to give it a try. We know there are investors looking to invest in bitcoin but who want to limit the volatility and particularly the downside volatility/drawdowns. I think that’s what this will aim to do. Whether or not it will be successful is something we will learn in the coming years, but timing the market is extremely hard.”

The conversion will likely take place on Dec. 3, the asset manager said. The new fund will charge investors a 0.85% expense ratio.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Australia’s Police Confiscates Crypto Worth $6.4M in Crackdown on ‘Ghost’ Messaging App

Operation Kraken has nothing to do with the cryptocurrency exchange Kraken, the company said.

Australia’s police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network, authorities allege was “built solely for the criminal underworld,” a statement said.

The seizure of the cryptocurrency comes two weeks after the AFP arrested a Sydney resident Jay Je Yoon Jung, 32, the alleged mastermind behind Ghost. He appeared in a Sydney court on Wednesday to face the charges. Another man who allegedly distributed the app has also been arrested.

The seized crypto has been transferred into secure AFP cryptocurrency storage and the authorities will seek its permanent forfeiture.

The effort is titled Operation Kraken but Kraken the cryptocurrency exchange “has not been the subject of any Operation Kraken investigations,” an AFP spokesperson wrote in an email to CoinDesk. “Operation Kraken was an investigation into a dedicated encrypted communications platform.”

A Kraken spokesperson said, “We’re disappointed by this operation’s codename, which has absolutely nothing to do with our brand.”

The crackdown last month saw 700 AFP members execute 93 search warrants, arresting 46 people, intervening in 50 threats to life, and seizing 30 illicit weapons and 200 kg of illicit drugs, the AFP said.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Tether’s USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Ardoino said there’s more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.

Tether’s USDT may have started as a cryptocurrency, but today the largest stablecoin by market value is the most used digital dollar in the world, Tether CEO Paolo Ardoino said in an interview with Bullish CEO Tom Farley.

Bullish is the owner of CoinDesk and a significant holder of USDT.

Stablecoins, cryptocurrencies whose value is pegged to a real-world asset, form the backbone of crypto trading. They provide a way to store value within the cryptocurrency market without worrying about the fluctuations of cryptocurrencies like bitcoin (BTC). Most are linked 1:1 to the U.S. dollar, though some reflect other currencies and assets such as gold.

But there’s more to USDT than crypto markets, Ardoino said. In countries like Argentina and Turkey, the stablecoin provides a lifeline as an alternative to volatile national currencies. Before the widespread adoption of USDT, people in inflation-stricken countries had to resort to the black market to get dollars.

“USDT works much better outside of the U.S.,” he said. “In the U.S., there are 15 different transport layers for the U.S. dollar. You have banks, credit cards, debit cards. You have Venmo, PayPal, Cash App, and many others … But who needs a dollar?”

That might help explain why USDT is not only the largest stablecoin, with a market cap of almost $120 billion, it’s the third-largest cryptocurrency overall. Only bitcoin (BTC) and ether (ETH) are larger. And it’s more than three times the size of its nearest rival, Circle’s $35.6 billion USDC.

More than half of USDT – $61 billion – is issued on the Tron blockchain, with $54.3 billion on Ethereum, the blockchain most widely associated with decentralized finance (DeFi). That’s because it’s significantly cheaper to conduct transactions on Tron, Ardoino said.

According to Etherscan, the transaction costs known as gas fees for a simple swap on Ethereum average around $14.60. On Tron, it’s closer to 20 cents.

“Imagine someone living in Haiti that earns $1.34 per day. How can they pay $5 for transaction fees?” he said. “These markets cannot afford to pay five, six dollars per transaction on Ethereum or some other chain.”

Ardoino also discussed another angle where stablecoins and geopolitics intersect: Treasury bills. The debt provides backing for the cryptocurrency, easily switchable into dollars if USDT holders want to cash out. And, in the meantime, the interest payments roll into Tether’s coffers.

While the Beijing government, the second-largest holder of U.S. government debt, continues to trim China’s holdings of U.S. Treasury bills, stablecoin issuers like Tether have had a voracious appetite for them, scooping up just over $100 billion worth as the People’s Bank of China dumps them.

If Tether were a country, data shows, it would have holdings equivalent to Germany and would be closing in on South Korea.

“We added resiliency to the ownership of the U.S. dollar, so now you don’t have one single country, one single decision maker that can sell hundreds of billions of T-bills at once,” Ardoino said. “USDT and Tether are the best friends for the U.S. dollar.”

Cantor has most of Tether’s reserves

For most of its history, the state of Tether’s reserves has been a big question mark, and for good reason.

During its early days the company was repeatedly de-banked and was a bit of a vagabond, having to open and close accounts around the world from Qatar to China, Taiwan and Canada.

When USDT’s backing was unclear, CoinDesk fought to have the full details of Tether’s banking relationships released by the New York State Attorney General, which had obtained them during an investigation. The stablecoin is banned in New York as part of a settlement). Initially, the NYAG opposed CoinDesk’s Freedom of Information Law (FOIL) request for details about the reserves, but a judge dismissed their case.

Now, things have changed and the relationship is more simple: Most of the money is managed by financial services firm Cantor Fitzgerald with the bank’s CEO, Howard Lutnick, regularly vouching for the stablecoin issuer.

Ardoino said that Lutnick would have a perfect line of sight into the reserves backing USDT, and Tether completes the same style of attestation by a large accounting firm as its competitors.

“Whoever believes in these conspiracy theories should get out from their mother’s basement,” he said, referring to speculation the company doesn’t have sufficient backing for USDT.

The market doesn’t seem to.

A Polymarket contract gives a 4% chance that Tether will declare insolvency in 2024, which is lower than the market’s belief that a nuclear weapon will be used this year, which comes in at 9%.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

How North Korea Infiltrated the Crypto Industry

More than a dozen blockchain firms inadvertently hired undercover IT workers from the rogue state, incurring cybersecurity and legal risks, a CoinDesk investigation found.

The crypto company Truflation was still in its early stages in 2023 when founder Stefan Rust unknowingly hired his first North Korean employee.

“We were always looking for good developers,” Rust said from his home in Switzerland. Out of the blue, “this one developer came across the line.”

“Ryuhei” sent his resume over Telegram and claimed he was based in Japan. Soon after he was hired, odd inconsistencies began to surface.

At one point, “I’m talking to the guy, and he said he was in an earthquake,” Rust recalled. Except there was no recent earthquake in Japan. Then the employee started missing calls, and when he did show up, “it wasn’t him,” Rust said. “It was somebody else.” Whoever it was had dropped the Japanese accent.

Rust would soon learn that “Ryuhei” and four other employees – more than a third of his entire team – were North Korean. Unwittingly, Rust had fallen prey to a coordinated scheme by North Korea to secure remote overseas jobs for its people and funnel the earnings back to Pyongyang.

U.S. authorities have intensified their warnings recently that North Korean information technology (IT) workers are infiltrating tech companies, including crypto employers, and using the proceeds to fund the pariah state’s nuclear weapons program. According to a 2024 United Nations report, these IT workers rake in as much as $600 million annually for Kim Jon Un’s regime.

Hiring and paying the workers – even inadvertently – violates U.N. sanctions and is illegal in the U.S. and numerous other countries. It also presents a grave security risk, because North Korean hackers have been known to target companies through covert workers.

A CoinDesk investigation now reveals just how aggressively and frequently North Korean job applicants have targeted crypto companies in particular – successfully navigating interviews, passing reference checks, even presenting impressive histories of code contributions on the open-source software repository GitHub.

CoinDesk spoke to more than a dozen crypto companies that said they inadvertently hired IT workers from the Democratic People’s Republic of Korea (DPRK), as the nation is officially called.

These interviews with founders, blockchain researchers and industry experts reveal that North Korean IT workers are far more prevalent in the crypto industry than previously thought. Virtually every hiring manager approached by CoinDesk for this story acknowledged that they had interviewed suspected North Korean developers, hired them unwittingly, or knew someone who had.

“The percentage of your incoming resumes, or people asking for jobs, or wanting to contribute – any of that stuff – that are probably from North Korea is greater than 50% across the entire crypto industry,” said Zaki Manian, a prominent blockchain developer who says he inadvertently hired two DPRK IT workers to help develop the Cosmos Hub blockchain in 2021. “Everyone is struggling to filter out these people.”

Among the unwitting DPRK employers identified by CoinDesk were several well-established blockchain projects, such as Cosmos Hub, Injective, ZeroLend, Fantom, Sushi and Yearn Finance. “This has all been happening behind the scenes,” said Manian.

This investigation marks the first time any of these companies have publicly acknowledged that they inadvertently hired DPRK IT workers.

In many cases, North Korean workers conducted their work just like typical employees; so the employers mostly got what they paid for, in a sense. But CoinDesk found evidence of workers subsequently funneling their wages to blockchain addresses linked to the North Korean government.

CoinDesk’s investigation also revealed several instances where crypto projects that employed DPRK IT workers later fell victim to hacks. In some of those cases, CoinDesk was able to link the heists directly to suspected DPRK IT workers on a firm’s payroll. Such was the case with Sushi, a prominent decentralized finance protocol that lost $3 million in a 2021 hacking incident.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Justice began publicizing North Korean attempts to infiltrate the U.S. crypto industry in 2022. CoinDesk uncovered evidence that DPRK IT workers started working at crypto companies under fake identities well before then, at least as early as 2018.

“A lot of people, I think, are under the mistaken impression that this is something new that suddenly happened,” said Manian. “There are GitHub accounts and other things with these people that, like, go back to 2016, 2017, 2018.” (GitHub, owned by Microsoft, is the online platform that many software organizations use to host code and allow developers to collaborate.)

CoinDesk linked DPRK IT workers to companies using various methods, including blockchain payment records, public GitHub code contributions, emails from U.S. government officials and interviews directly with target companies. One of the largest North Korean payment networks examined by CoinDesk was uncovered by ZachXBT, a blockchain investigator who published a list of suspected DPRK developers in August.

Previously, employers remained silent due to concerns about unwanted publicity or legal repercussions. Now, confronted with extensive payment records and other evidence unearthed by CoinDesk, many of them have decided to come forward and share their stories for the first time, exposing the overwhelming success and scale of North Korea’s efforts to penetrate the crypto industry.

Fake documents

After hiring Ryuhei, the ostensibly Japanese employee, Rust’s Truflation received a flood of new applicants. Over just a few months, Rust unwittingly hired four more DPRK developers who said they were based in Montreal, Vancouver, Houston and Singapore.

The crypto sector is especially ripe for sabotage by North Korean IT workers. The workforce is particularly global, and crypto companies tend to be more comfortable than others hiring fully remote – even anonymous – developers.

CoinDesk reviewed DPRK job applications that crypto companies received from a variety of sources, including messaging platforms like Telegram and Discord, crypto-specific job boards like Crypto Jobs List, and hiring sites like Indeed.

“Where they’re having the most luck getting hired is these really fresh, new upstart teams who are willing to hire off a Discord,” said Taylor Monahan, a product manager at the crypto wallet app MetaMask who frequently publishes security research related to North Korean crypto activity. “They don’t have processes in place to hire people with background checks. They’re willing to pay in crypto a lot of times.”

Rust said he had conducted his own background checks on all of Truflation’s new hires. “They sent us their passports and ID cards, gave us GitHub repos, went through a test, and then, basically, we brought them on.”

To the untrained eye, most of the forged documents look indistinguishable from authentic passports and visas, though experts told CoinDesk that they probably would have been caught by professional background-checking services.

Although startups are less likely to use professional background checkers, “we do see North Korean IT workers at bigger companies as well, either as real employees or at least as contractors,” said Monahan.

Hiding in plain sight

In many cases, CoinDesk discovered DPRK IT workers at companies using publicly available blockchain data.

In 2021, Manian, the blockchain developer, needed some help at his company, Iqlusion. He sought out freelance coders who might be able to help with a project to upgrade the popular Cosmos Hub blockchain. He found two recruits; they delivered capably.

Manian never met the freelancers, “Jun Kai” and “Sarawut Sanit,” in person. They had previously worked together on an open-source software project funded by THORChain, a closely affiliated blockchain network, and they told Manian they were based in Singapore.

“I talked to them almost every day for a year,” said Manian. “They did the work. And I was, frankly, pretty pleased.”

Two years after the freelancers completed their work, Manian received an email from an FBI agent investigating token transfers that appeared to have come from Iqlusion en route to suspected North Korean crypto wallet addresses. The transfers in question turned out to be Iqlusion’s payments to Kai and Sanit.

The FBI never confirmed to Manian that the developers he’d contracted were agents of the DPRK, but CoinDesk’s review of Kai and Sanit’s blockchain addresses showed that throughout 2021 and 2022, they funneled their earnings to two individuals on OFAC’s sanctions list: Kim Sang Man and Sim Hyon Sop.

Acording to OFAC, Sim is a representative for Kwangson Banking Corp, a North Korean bank that launders IT worker funds to help “finance the DPRK’s WMD and ballistic missile programs.” Sarawut appears to have funneled all of his earnings to Sim and other Sim-linked blockchain wallets.

Kai, meanwhile, funneled nearly $8 million directly to Kim. According to a 2023 OFAC advisory, Kim is a representative for the DPRK-operated Chinyong Information Technology Cooperation Company, which, “by way of companies under its control and their representatives, employs delegations of DPRK IT workers that operate in Russia and Laos.”

Iqlusion’s wages to Kai accounted for less than $50,000 of the nearly $8 million he sent to Kim, and some of the remaining funds came from other crypto companies.

For example, CoinDesk discovered payments from the Fantom Foundation, which develops the widely-used Fantom blockchain, to “Jun Kai” and another DPRK-linked developer.

“Fantom did identify two external personnel as being involved with North Korea in 2021,” a Fantom Foundation spokesperson told CoinDesk. “However, the developers in question worked on an external project that was never finished and never deployed.”

According to the Fantom Foundation, “The two individuals in question were terminated, never contributed any malicious code nor ever had access to Fantom’s codebase, and no users of Fantom were impacted.” One of the DPRK workers attempted to attack Fantom’s servers but failed because he lacked the requisite access, according to the spokesperson.

According to the OpenSanctions database, Kim’s DPRK-linked blockchain addresses were not published by any governments until May 2023 – more than two years after Iqlusion and Fantom made their payments.

Leeway given

The U.S. and the UN sanctioned the hiring of DPRK IT workers in 2016 and 2017, respectively.

It is illegal to pay North Korean workers in the U.S. whether you know you’re doing it or not—a legal concept called “strict liability.”

It doesn’t necessarily matter where a company is based, either: Hiring workers from the DPRK can carry legal risks for any company that does business in countries that enforce sanctions against North Korea.

However, the U.S. and other U.N. member states have yet to prosecute a crypto company for hiring North Korean IT workers.

The U.S. Treasury Department opened an inquiry into Iqlusion, which is based in the U.S., but Manian says the investigation concluded without any penalties.

U.S. authorities have been lenient about bringing charges against the firms – on some level acknowledging that they were victims of, at best, an unusually elaborate and sophisticated type of identity fraud, or, at worst, a long con of the most humiliating sort.

Legal risks aside, paying DPRK IT workers is also “bad because you’re paying people that are basically being exploited by the regime,” explained MetaMask’s Monahan.

According to the UN Security Council’s 615-page report, DPRK IT workers only keep a small portion of their paychecks. “Lower earners keep 10 percent while the highest earners could keep 30 percent, ” the report states.

While these wages might still be high relative to the average in North Korea, “I don’t care where they live,” said Monahan. “If I am paying someone and they’re literally being forced to send their entire paycheck to their boss, that would make me very uncomfortable. It would make me more uncomfortable if their boss is, you know, the North Korean regime.”

CoinDesk reached out to multiple suspected DPRK IT workers over the course of reporting but did not hear back.

Coming forward

CoinDesk identified more than two dozen companies that employed possible DPRK IT workers by analyzing blockchain payment records to OFAC-sanctioned entities. Twelve companies presented with the records confirmed to CoinDesk that they had previously discovered suspected DPRK IT workers on their payrolls.

Some declined to comment further for fear of legal repercussions, but others agreed to share their stories with the hope that others could learn from their experiences.

In many cases, DPRK employees proved easier to identify after they’d been hired.

Eric Chen, CEO of Injective, a decentralized finance-focused project, said that he contracted a freelance developer in 2020 but quickly fired him for underperformance.

“He didn’t last long,” said Chen. “He was writing crappy code that didn’t work well.” It wasn’t until this past year, when a U.S. “government agency” reached out to Injective, that Chen learned the employee was linked to North Korea.

Several companies told CoinDesk that they fired an employee before even knowing about any links to the DPRK – say, due to substandard work.

‘Milk payroll for a few months’

However, DPRK IT workers are similar to typical developers in that their aptitudes can vary.

On the one hand, you’ll have employees who “show up, get through an interview process, and just milk payroll for a few months of salary,” said Manian. “There’s also another side of it, which is you encounter these people who, when you interview them, their actual technical chops are really strong.”

Rust recalled having “one really good developer” at Truflation who claimed he was from Vancouver but turned out to be from North Korea. “He was really a young kid,” Rust said. “It felt like he was just out of college. A bit green behind the ears, super keen, really excited to be working on an opportunity.”

In another instance, Cluster, a decentralized finance startup, fired two developers in August after ZachXBT reached out with evidence that they were linked to the DPRK.

“It’s actually crazy how much these guys knew,” Cluster’s pseudonymous founder, z3n, told CoinDesk. In retrospect, there were some “clear red flags.” For example, “every two weeks they changed their payment address, and every month or so they would change their Discord name or Telegram name.”

Webcam off

In conversations with CoinDesk, many employers said they noticed abnormalities that made more sense when they learned that their employees were probably North Korean.

Sometimes the hints were subtle, like employees working hours that didn’t match their supposed work location.

Other employers, like Truflation, noticed hints that an employee was multiple people masquerading as a single individual – something the employee would try to hide by keeping his webcam off. (They’re almost always men).

One company hired an employee who showed up for meetings in the morning but would seem to forget everything that was discussed later on in the day – a quirk that made more sense when the employer realized she’d been speaking to multiple people.

When Rust brought his concerns about Ryuhei, his “Japanese” employee, to an investor with experience tracking criminal payment networks, the investor quickly identified the four other suspected DPRK IT workers on Truflation’s payroll.

“We immediately cut our ties,” Rust said, adding that his team conducted a security audit of its code, enhanced its background-checking processes and changed certain policies. One new policy was to require remote workers to turn on their cameras.

A $3M hack

Many of the employers consulted by CoinDesk were under the mistaken impression that DPRK IT workers operate independently from North Korea’s hacking arm, but blockchain data and conversations with experts reveal that the regime’s hacking activities and IT workers are frequently linked.

In September 2021, MISO, a platform built by Sushi for launching crypto tokens, lost $3 million in a widely reported heist. CoinDesk found evidence that the attack was linked to Sushi’s hiring of two developers with blockchain payment records connected to North Korea.

At the time of the hack, Sushi was one of the most-talked-about platforms in the emerging world of decentralized finance (DeFi). More than $5 billion had been deposited into SushiSwap, which mainly serves as a “decentralized exchange” for people to swap between cryptocurrencies without intermediaries.

Joseph Delong, Sushi’s chief technology officer at the time, traced the MISO heist to two freelance developers who helped to build it: individuals using the names Anthony Keller and Sava Grujic. Delong said the developers – who he now suspects were a single person or organization – injected malicious code into the MISO platform, redirecting funds to a wallet they controlled.

When Keller and Grujic were contracted by Sushi DAO, the decentralized autonomous organization that governs the Sushi protocol, they supplied credentials that seemed typical enough – even impressive – for entry-level developers.

Keller operated under the pseudonym “eratos1122” in public, but when he applied to work on MISO he used what appeared to be his real name, “Anthony Keller.” In a resume that Delong shared with CoinDesk, Keller claimed to reside in Gainesville, Georgia, and to have graduated from the University of Phoenix with a bachelor’s degree in computer engineering. (The university didn’t respond to a request for confirmation of whether there was a graduate by that name.)

Keller’s resume included genuine references to previous work. Among the most impressive was Yearn Finance, an extremely popular crypto investment protocol that offers users a way to earn interest across a range of pre-made investment strategies. Banteg, a core developer at Yearn, confirmed that Keller worked on Coordinape, an app built by Yearn to help teams collaborate and facilitate payments. (Banteg says Keller’s work was restricted to Coordinape and he didn’t have access to Yearn’s core codebase.)

Keller referred Grujic to MISO and the two presented themselves as “friends,” according to Delong. Like Keller, Grujic supplied a resume with his supposed real name rather than his online pseudonym, “AristoK3.” He claimed to be from Serbia and a graduate of the University of Belgrade with a bachelor’s degree in computer science. His GitHub account was active, and his resume listed experience with several smaller crypto projects and gaming startups.

Rachel Chu, a former core developer at Sushi who worked closely with Keller and Grujic before the heist, said she was already “suspicious” of the pair before any hack had taken place.

Despite claiming to be based across the globe from one another, Grujic and Keller “had the same accent” and the “same way of texting,” said Chu. “Every time we talked, they’d have some background noise, like they’re in a factory,” she added. Chu recalled seeing Keller’s face but never Grujic’s. According to Chu, Keller’s camera was “zoomed in” so that she couldn’t ever make out what was behind him.

Keller and Grujic eventually stopped contributing to MISO around the same time. “We think that Anthony and Sava are the same guy,” said Delong, “so we stop paying them.” This was the height of the COVID-19 pandemic, and it was not unheard of for remote crypto developers to masquerade as multiple people to extract extra money from payroll.

After Keller and Grujic were let go in the summer of 2021, the Sushi team neglected to revoke their access to the MISO codebase.

On Sept. 2, Grujic committed malicious code to the MISO platform under his “Aristok3” screen name, redirecting $3 million to a new cryptocurrency wallet, based on a screenshot provided to CoinDesk.

CoinDesk’s analysis of blockchain payment records suggests a potential link between Keller, Grujic and North Korea. In March 2021, Keller posted a blockchain address in a now-deleted tweet. CoinDesk discovered multiple payments between this address, Grujic’s hacker address and the addresses Sushi had on file for Keller. Sushi’s internal investigation ultimately concluded that the address belonged to Keller, according to Delong.

CoinDesk found that the address in question sent most of its funds to “Jun Kai” (the Iqlusion developer who sent money to the OFAC-sanctioned Kim Sang Man) and another wallet that appears to serve as a DPRK proxy (because it, too, paid Kim).

Lending further credence to the theory that Keller and Grujic were North Korean, Sushi’s internal investigation found that the pair frequently operated using IP addresses in Russia, which is where OFAC says North Korea’s DPRK IT workers are sometimes based. (The U.S. phone number on Keller’s resume is out of service, and his “eratos1122” Github and Twitter accounts have been deleted.)

Additionally, CoinDesk discovered evidence that Sushi employed another suspected DPRK IT contractor at the same time as Keller and Grujic. The developer, identified by ZachXBT as “Gary Lee,” coded under the pseudonym LightFury and funneled his earnings to “Jun Kai” and another Kim-linked proxy address.

After Sushi publicly pinned the attack on Keller’s pseudonym, “eratos1122,” and threatened to involve the FBI, Grujic returned the stolen funds. While it might seem counterintuitive that a DPRK IT worker would care about protecting a fake identity, DPRK IT workers seem to reuse certain names and build up their reputations over time by contributing to many projects, perhaps as a way to earn credibility with future employers.

Someone might have decided that protecting the Anthony Keller alias was more lucrative in the long run: In 2023, two years after the Sushi incident, someone named “Anthony Keller” applied to Truflation, Stefan Rust’s company.

Attempts to contact “Anthony Keller” and “Sava Grujic” for comment were unsuccessful.

DPRK-style heists

North Korea has stolen more than $3 billion in cryptocurrency through hacks over the past seven years, according to the UN. Of the hacks that blockchain analysis firm Chainalysis has tracked in the first half of 2023 and which it believes are connected to the DPRK, “approximately half of them involved IT worker-related theft,” said Madeleine Kennedy, a spokesperson for the firm.

North Korean cyberattacks don’t tend to resemble the Hollywood version of hacking, where hoodie-wearing programmers break into mainframes using sophisticated computer code and black-and-green computer terminals.

DPRK-style attacks are decidedly lower-tech. They usually involve some version of social engineering, where the attacker earns the trust of a victim who holds the keys to a system and then extracts those keys directly through something as simple as a malicious email link.

“To date, we have never seen DPRK do, like, a real exploit,” said Monahan. “It’s always: social engineering, and then compromise the device, and then compromise the private keys.”

IT workers are well-placed to contribute to DPRK heists, either by extracting personal information that could be used to sabotage a potential target or by gaining direct access to software systems flush with digital cash.

A series of coincidences

On Sept. 25, as this article was nearing publication, CoinDesk was scheduled for a video call with Truflation’s Rust. The plan was to fact-check some details he had shared previously.

A flustered Rust joined the call 15 minutes late. He’d just been hacked.

CoinDesk reached out to more than two dozen projects that appeared to have been duped into hiring DPRK IT workers. In the final two weeks of reporting alone, two of those projects were hacked: Truflation and a crypto borrowing app called Delta Prime.

It’s too early to determine if either hack was directly connected to any inadvertent hiring of DPRK IT workers.

Delta Prime was breached first, on Sept. 16. CoinDesk had previously uncovered payments and code contributions connecting Delta Prime to Naoki Murano, one of the DPRK-linked developers publicized by ZachXBT, the pseudonymous blockchain sleuth.

The project lost more than $7 million, officially because of “a compromised private key.” Delta Prime did not respond to numerous requests for comment.

The Truflation hack followed less than two weeks later. Rust noticed funds streaming out of his crypto wallet around two hours before the call with CoinDesk. He had just returned home from a trip to Singapore and was scrambling to make sense of what he’d done wrong. “I just have no idea how it happened,” he said. “I had my notebooks all locked up in the safe in the wall in my hotel. I had my mobile with me the whole time.”

Millions of dollars were leaving Rust’s personal blockchain wallets as he was speaking. “I mean, that really sucks. That’s my kids’ school; pension fees.”

Truflation and Rust ultimately lost around $5 million. The official cause was a stolen private key.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

Crypto at a Pivotal Moment

The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant.

Seismic events often trigger crypto-asset market cycle transitions. The 2016-2017 cycle was largely industry-driven, expanding crypto’s reach beyond early adopters. In contrast, the 2020-2021 surge was propelled by unprecedented COVID-era interest rate cuts.

Now, two powerful catalysts converge: the looming 2024 U.S. elections and a nascent global liquidity cycle for risk assets. This potent combination could shatter bitcoin’s $58,000 to $70,000 trading range, where it has largely remained since late March, potentially igniting the next major market movement.

You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.

2024 U.S. elections likely to gain importance as election day nears

This election cycle marks several firsts for crypto, primarily how the industry emerged as a relevant topic in political discourse and campaign financing. Another interesting trend is how Polymarket, a breakthrough crypto application, now provides real-time estimates of consensus on election results, with over $1 billion at stake.

The chart below shows the relationship between two factors over 3-day periods: changes in Republican win odds on Polymarket and changes in bitcoin prices as a proxy for overall crypto market performance. Different election phases are color-coded: gray for the initial phase (before June 26), red for the period of Republican momentum (between the end of June and the end of July), blue for Democratic gains (between the end of July and mid-August), and black for the final stretch (since mid-August).

If the market linked crypto prices directly to Republican win odds, the dots in the chart above would form an upward-sloping 45-degree line. Conversely, a direct link to Democratic win odds would show a similar, but downward-sloping, line. Instead, we see a scattered cloud of dots, indicating no clear, consistent trend between election outcomes and crypto prices so far.

This dynamic is evident across all phases highlighted in different colors throughout the scatterplot. Although the relationship is stronger during the phase of Republican momentum, it still explains less than 20% of bitcoin price movements.

This doesn’t mean the elections are unimportant for crypto price action. It is possible, if not likely, that this relationship strengthens as we approach Election Day, now less than one month away. But this inconsistent relationship suggests that other critical factors have also been dominating crypto market price action.

Interest rate outlook hints at novel regime for crypto prices

Recent global liquidity shifts have driven markets worldwide, including crypto. The Federal Reserve’s strong start to this rate-cut cycle, coupled with China’s surprising market-lifting measures, likely fueled crypto’s recent price surge.

Unlike equities, crypto lacks extensive historical data for gauging returns across different interest rate regimes.

Nevertheless, examining crypto prices against rate environments remains instructive. The chart below shows the effective federal funds rate alongside Treasury constant-maturity yields from 1-year to 30-year tenors. For context, the lower chart displays bitcoin’s USD price (in log scale for perspective), with color-coded market cycles: green for the 2016-2017 and 2020-2021 bull markets, red for the 2018 and 2022 bear markets.

This chart suggests that a soft landing with lower rates — the current investor consensus — would create an unprecedented macro backdrop for crypto. This scenario differs from both the industry-driven 2016-2017 cycle and the COVID era, rate-cut-fueled, 2020-2021 surge.

Consequently, macroeconomic factors are expected to significantly influence crypto prices in the near term, as evidenced by strengthening correlations between crypto and broader risk assets.

Looking ahead

Low crypto liquidity following Labor Day indicates a market in wait-and-see mode. While factors such as geopolitical tensions and supply/demand imbalances can still influence the market, two primary drivers most likely to define market direction into 2025 are still the upcoming election and global liquidity conditions. The next one to three months will be crucial in revealing how these trends will unfold.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!

The Rise of Index Investing in Crypto

Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing, says Julien Vallet, CEO, Finst.

Cryptocurrency has evolved as a global asset class with significant implications for modern investment portfolios. Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing. Crypto index funds are products that bundle multiple cryptocurrencies into a single vehicle, offering a diversified, systematic approach to gaining exposure to the digital asset market while mitigating some of its inherent risks.

You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.

The value of crypto index investing

Increasing popularity among institutional investors

An increasing number of institutional investors are looking for ways to participate in crypto without taking on unnecessary risk. Index funds and exchange-traded funds (ETFs) that focus on digital assets have emerged as a compelling option. We’ve experienced this trend as well with 30% of our retail and institutional clients opting to diversify their portfolios through a crypto index bundle.

Tailoring the index to investor goals

Crypto index funds have the ability to tailor exposure based on specific investment goals and risk tolerance. Some indexes focus exclusively on large-cap cryptocurrencies like bitcoin and ether, providing a stable base of well-established assets. Others may prioritize high-growth sectors like decentralized finance or newer blockchain protocols, offering higher potential upside alongside increased risk.

Selecting the right index strategy depends on a detailed understanding of the underlying assets and market dynamics. Diversified exposure can enhance the risk-adjusted return profile of a portfolio, but the nuances of index composition should align with an investor’s broader strategy.

Index investing offers a strategic, risk-managed approach for professional investors looking to capitalize on the crypto market’s growth. By offering diversified exposure, reducing operational complexity, and providing a controlled entry into the crypto ecosystem, index funds and ETFs are becoming valuable tools for those navigating the digital asset landscape.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Merhaba arkadaşlar, bugün sizlere Prizmabet adlı bir bahis sitesinden bahsedeceğim. Prizmabet, Betconstruct altyapısı ile üyelerine kaliteli hizmetler veren ve ülkemizin önde gelen bahis sitelerinden bir tanesidir. 2009 yılında kurulan Prizmabet, lisanslı, güvenilir ve avantajlı bir site olarak dikkat çekmektedir. Prizmabet’te spor bahisleri, canlı bahisler, casino, canlı casino, slot oyunları, sanal sporlar ve daha pek çok seçenek bulabilirsiniz. Prizmabet’te oyun oynamak için aradığınız ortamı fazlası ile bulacaksınız.

Prizmabet’in en önemli özelliklerinden biri de Prizmabet TV kanalıdır. Bu kanal sayesinde bahis sitesinde bulunan müsabakaları üyeler bir ücrete katlanmadan istedikleri zaman takip edebiliyor. Böylece hem heyecanlı hem de kazançlı bir bahis deneyimi yaşayabiliyorsunuz. Prizmabet TV kanalında futbol, basketbol, tenis, voleybol gibi popüler spor dallarının yanı sıra daha az bilinen sporlara da yer verilmektedir. Prizmabet TV kanalını kullanmak için sadece siteye üye olmanız ve yatırım yapmanız yeterlidir.

Prizmabet ayrıca üyelerine bol miktarda bonus ve promosyon da sunmaktadır. Prizmabet’te ilk üyelik bonusu olarak 100 TL deneme bonusu alabilirsiniz. Bunun yanında yatırım bonusları, kayıp bonusları, arkadaş davet bonusu, doğum günü bonusu gibi farklı bonuslar da mevcuttur. Prizmabet bonusları sayesinde daha fazla oyun oynayabilir ve kazancınızı artırabilirsiniz. Prizmabet bonuslarının çevrim şartları da oldukça makul seviyededir.

Prizmabet para yatırma ve çekme işlemleri konusunda da üyelerine kolaylık sağlamaktadır. Prizmabet’te banka havalesi, kredi kartı, papara, cepbank, QR kod, bitcoin gibi farklı yöntemlerle para yatırabilir ve çekebilirsiniz. Para yatırma ve çekme işlemleri 7/24 yapılabilmekte ve kısa sürede hesaplara yansımaktadır. Prizmabet para yatırma ve çekme işlemlerinde herhangi bir komisyon veya kesinti de yapmamaktadır.

Prizmabet müşteri hizmetleri de üyelerine 7/24 canlı destek hizmeti sağlamaktadır. Prizmabet canlı destek ekibi sayesinde site ile ilgili her türlü soru, sorun veya önerinizi iletebilir ve anında çözüm bulabilirsiniz. Prizmabet canlı destek ekibi profesyonel, güler yüzlü ve yardımseverdir.

Sonuç olarak, Prizmabet ülkemizin en iyi bahis sitelerinden biri olarak gösterilebilir. Prizmabet’te hem eğlenceli hem de kazançlı bir bahis deneyimi yaşayabilirsiniz. Prizmabet’e üye olmak için güncel giriş adresini web sitemizden bulabilirsiniz. Prizmabet’e girmek için tıklayınız! Prizmabet’e katıldığınıza pişman olmayacaksınız!