 Great welcome is your last set news they get top stories in crypto and bring out a bite-sized pieces So today just the thumbnail suggests Gemini was not hacked. I want to make that Abundantly clear, but there might be something going on with a company called IRA financial So we'll take a look at what is going on and nothing is confirmed right now That's what we have also We'll take a look at news verse rumors as far as black fi or black fi black fi and black rock and Lastly we'll finish up with some Sunday swap rewards and some upcoming deep dives We're gonna do here in the channel So we'll do all that and then last so we'll get to the Q&A So hold your questions until the end makes things a lot easier instead of Scrounging through all the different comments that come up. So first up market recap I just you know if you're watching the replay there'll be time to ask below so you can fast forward Do every want to news usually takes about 15 minutes or so maybe longer. This ought to be interesting This ought to be a very interesting piece there. That's for sure So first of all, let's talk about the thumbnail the thumbnail Gemini. I was not hacked and the reason why I put that up is because If I put anything negative negative people freak the freak out that's that's all I can really say so Like this one there There is something going on in the background. I don't know what it is There is some conflicting reports But I don't want anybody to look at these thumbnails and get heart attacks because their sensitivity So I just put it out there that Gemini wasn't hacked because God knows if I put something a little bit negative people will Go crazy. So that's why I did it that way and then the title was very concise So no one's like what I can't believe it's okay. So that's that's that's the reason why also Let's get into the actual just what's going on around the world because it's it's some pretty crazy times So of course the market has taken a little bit of a tumble Bitcoin's on a forty two one a three is down to twenty eight hundred was almost that's a you know 3233 and now because we're going down Binance coin everything's down across the board. Let's see about that that price except for stable coins Not so great. That's the Ripple hex Cardano, I mean they're just down so on a twelve percent Then also take a look at look at the actual volume. You've got two percent up first line It's good picks up fourteen percent great But across the board as far as volume trading volume and volume of crypto and Nidgils Just down people are getting a little bit frustrated a little bit scared and What does that mean? Well, there's a big thing looming us looming over us right now And I just this just came out probably 20 30 minutes ago. It's about the US and Russian invasions President Joe Biden plans to speak with Russian president Vladimir Putin on Saturday So that's positive. Hopefully they can get out and hash it out. But who knows there the State Department urge all Americans still in Ukraine to leave in the next 24 to 40 hours Multiple other countries have also advised their citizens to leave the country. That's not good Despite his military maneuvers in the region including deploying more than a hundred thousand troops at the Ukrainian border Russia says there's no plans to invade so you have this going on so people are very sensitive right now I can understand nobody likes war Of course, if we take a look at what happened the traditional market just the hints of this will drive things down But I need you to remember something. This is Paramount of just to put this into your head and that is this this was from Peter Lynch Far more money has been lost by investors preparing for corrections or trying to Anticipate corrections that has been lost in the actual corrections themselves. So yes, could war be on the table Sure, could it be could really blow up to something enormous? Absolutely. Maybe it could be is there a recession out there? Sure, is there a virus out there? Sure. Is there asteroids headed to the planet? Sure There is so much negative news out there. Sure. Sure. Sure. It's true But there's been so much money lost by people just anticipating the corrections rather than just sitting right here and Just know what in time usually works out and that's pretty much my spiel Let me know just think about that in the comments section. Let's get on to the the real piece which is This so I woke up today woke up early super early and I had this information that came to me on multiple messages and Different channels and people kept asking the same thing Rob. There's this thing going on There's an IRA financial IRF and it was a hack whatever and usually think like the first two three messages or contacts I don't really pay honestly. I'm like let it settle itself out I'm not I'm not here for that because I'm not here for just a bunch of rumors But this one seems to have a little bit of legs and I want to just bring this to everybody's attention So I'm getting reports that IRA financial was hacked for all its crypto our financial is serviced on Gemini But the Gemini exchange does not handle its security That's important. If anyone can verify this, please comments below so Of course people like is that true? Is that true? And then many people direct me to here to read it okay, so read it and then And one person says yeah, I moved over to them in January because I live in New York I used to be with I trust you can't use I trust in New York Sorry, and now I've lost a Bitcoin 25 each hope they can do something because all I can say is I'm sick over this and Then some stupid hacker is on there and Kevin says a good well looking at Gemini's custodial model cold storage keys are air-gapped That is basically impossible to hack. That's true. That's Jim. That's Gemini. Why wise it looks like What was hacked was hot on the exchange if that's even true and must IRA financial had Gemini key store in a hot location So let's break it down. So this comes into the reddit post. So we've already know that there's some people that have lost something Now we go into what's going on. I was notified IRA financial had been hacked on February February 8th, I counted like a Gemini and had also been hacked money was transferred from my Gemini account to someone random I followed up with both Gemini and IRA financial. They said they're working on it have heard anyone else I haven't heard about this at all. It's the 12th of today So I guess it's an ongoing thing. This is from this is Gemini Georgia moderator Gemini fraud It says Gemini has not been hacked remain secure if you're receiving communications from IRA financial You may have been affected by a security incident that impacted IRA financial systems IRA financials accounts are serviced in the Gemini platform Gemini does not manage the security of IRA financial systems The security of Gemini's platform has not been impacted when we've offered assistance to IRA financial for more information Please the ridge out to them Person one day ago all my Bitcoin ether been has been also transferred out I can confirm that they only transferred out whole units and let the small fraction of Bitcoin in my cash Transfer made to CHOE Roth and multiple one-hole units transfer from this to this to this and then someone says it just got the phone couldn't find any Answers and yes as others have mentioned this thread if you log into your desktop computer You can view the balance and logs that transfers out. So that's what's that's what we know right there And I was like, well, what that I don't even know what these guys are IRA financial This is a self-directed IRA. I'm like, okay looks pretty good And of course you'll see in the upper left hand corner open a crypto IRA with I trust capital Yes, that's who I use but you're used your free use anybody you want to so do your own research these guys I mean, I'll be honest with you look pretty good what they had going on. I mean, I will say that As far as like the pricing Goes a little bit kind of steep or whatever. So But I did take a look at their Their security look solid multiple signatures are required to move funds Client data is stored on cloud-based secure servers or offers our officers don't store to connect anything of value including any crypto private keys So why are people saying this and then the next question is What is the what is The combination or the workings of the inner workings of them and Gemini. So this is a great video. This is from Adam Bergman and he is the CEO or the founder of IRA financial So the next 30 seconds I want you to take a listen this as he explains exactly how everything goes and also there is insurance But that's FDIC insurance for cash not for crypto, which he says previously So I didn't want to waste your time with that but this was interesting as to what he said Let me so you can hear it. Let me stop my screen and And share the actual tab with you So you'll be able to hear it and I'll shut myself off IRA financial works with Gemini which has over 30 billion dollars in assets works with over 70 cryptos as a New York Trust company with a money transmitter licenses license in all states. It's also regulated by the New York Department Banking so when you buy cryptos through Gemini, you know, they're safe you know, they're insured and licensed and regulated now, of course, there's always some risk and that's why IRA financial allows you to move your cryptos off the Gemini exchange to a cold wallet through one of our multi-signature wallet solutions So there you go It's it looks to it's kind of confusing because if they're saying that it's only on Gemini and only you have the power to move It off to a cold storage then what happened here with Gemini, but Gemini is saying that's not us That's them. So it's always only these things to you it's you but I just I found it to be Interesting as to what is going on there and if there's any updates I'll let everybody know but it's just Of course when you're getting to anything with IRAs with any kind of investments with whatever just make sure that you look at these Companies very very carefully like when I picked my IRA company with I trust I just I back This was two years ago So it's only like three and this this was the best one for me and what I wanted to do Do your own research make sure it's right for you, but I feel if this was a hack We'll see how it's works out in the end. Hopefully everybody gets everything back. Anyhow, let me just think about that in the comments section Let's move on to our next piece, which is News and rumors Block fi and black rock. First of all, I'll start off with with black rock everybody on YouTube is Screaming about how great that black rock is coming in to crypto and digital assets First of all if you look at the article we covered this yesterday as a matter of fact It talks about black rock that it's from coin desk and everybody Piles on from from the coin desk article and says well, they pointed the coin desk article But in that article it just says three people Familiar with the inner workings of the company. There is no official announcement. There is nothing else in black rock now Black rock has gotten into these different Crypto by proxy. I mean they've invested in micro strategy, but they've been doing that since 2012 you can take a look at the SEC filings they've been that for quite a long time. They've also got it got it into by proxy Of course through Bitcoin mining and things like that. So is it happening right now? They saying yes all of our 10 trillion assets under management and go in there. No not yet But whether smoke there's fire I just just want to be people aware that I I'm not blaming anybody because I know we want these these good news to materialize But we have to take a look at the story behind the story and get the facts straight as much as we possibly Can before we go all crazy and say this is it, you know, sell the kids sell the house put it on the Bitcoin black rocks here Easy calm down. So here's another rumor And it was good pompous maxi. It's good name and It was from this article from decrypt and I'm only the whole article in a bit According to a Bloomberg report based on anonymous sources anonymous sources Blockfi will discontinue new. That's the key word new high yield accounts for most US residents most not all but most And it says Actually, let's get the article. I don't know. I'm going back before that's stupid. Okay, let me blow this up. So Blockfi Blockfi to pay a hundred million dollar penalty and They are going to stop opening new high-yield Bitcoin accounts. So what happened? Well? Blockfi has agreed to pay a hundred million dollars To settle ongoing investigations from the US Securities and Exchange Commission our buddies over there Gary I know you're watching That was a tough one and multiple state securities regulators. So Blockfi will discontinue new high-yield accounts For most US resident new high-yield accounts, which means that potentially if you are still on if you're on Blockfi You may get grandfathered in I don't know. I don't think that's gonna happen. But that's what they're kind of leading people to believe I don't see why they would do that if they just paid a hundred million dollars for that Whatever again, you have to go to the source and that's Blockfi So Blockfi spokesperson Madeline McHugh told decrypt it would not comment on market rumors However, we can confirm that clients assets are safeguarding the Blockfi platform and Blockfi interests account clients will continue to earn interest as They always have Notice she didn't say a timeframe. So hopefully it works out I don't have Blockfi, but I know a lot of people that do and they love it. So I'm rooting for you guys The SEC attention came after a quintet of state security regulators from Alabama, Kentucky, New Jersey Texas and Vermont Issued show cause or cease and assist orders demanding that Blockfi cease offering products to their residents It seems like that's kind of like the flare that goes up from the states and then the US government can evolve with the SEC and says Hey, you know what? We work with the states say regulators. They're saying there's something going on. Maybe we should take a look at it Give us some money. Okay. Here's some money. Okay. Now go away. Now. Here's the problem That won't just be the only time just because they paid and they went away It doesn't mean the SEC can't come back and bust them again because it's just an ongoing thing And also what concerns me about this one about this particular statement Is the same thing Is going on with celsius and nexo This was october 18th new york attorney general published cease and assist letters that seemed to target celsius and nexo and nexo also Kentucky issues cease and assist order against celsius network. This is on september 23rd 2021 So when I see these types of things going out and I wanted to myself Who's next and why is it next and what are the what are the inner workings now? I will tell you that Machinsky The machine there He has been on a couple different youtube channels mine Actually most recently I think it was james over vest answers. He was on there And I think he addressed us and said no we were working with regulators. We we know what they really want to see and we'll be okay I had Uh steve earlick the ceo voyager on and I said how are you guys dealing with this and I asked him specifically I'll link that video at the very end. I said, you know, there's problems with the regulators And I said block 5 in celsius. How's this working? He goes well since Steve comes from a background with each raid and then on light speed He's like I've worked with regular as my whole entire career. He goes. I I know what they're looking for and we work with them closely Let's see if it pans out and they don't get all happy with uh bringing in all that new crisp money from these Organizations and yeah, let me understand about that in the comment section. Let's move on to a little bit of good news sunday swap rewards end up coming deep dive so just you know uh sunday swap Started off a little bumpy looks to be going a little bit better I've heard people that say that uh, they've been able to process their transactions in our five minutes now And of course the fees are like super low. So we like that as far as decentralized exchanges This one is built on cardano. So just so you know uh d news Our stake pool for a cardano if you delegated to d news Uh, you were able to Not only get the rewards of eta, but also the sunday swap tokens and here's how you get to claim those. So Today this was from sunday swap We're excited to share that iso iso rewards initial stake offering rewards will be claimable through drip drops dot io on march 1st first of all Let me just say something that's great. They're doing that, you know, but Like when we did it with meld Maybe it's because it was a little different because meld when we did the iso with meld Or not we I just delegated I just delegated my crown to meld. It was their own stake pool They did an airdrop on january 31st. It took 90 minutes and it was done. That was it So I like that whole process this one with sunday swaps a little bit different because they're using other stake pool operators like myself So maybe that's the reason but I would have really liked just to do some airdrops to make it super simple Just complaining because i'm lazy. Okay So what is drip drops drip drops is a token distribution faucet built by reputable spo's stake pool operators in the cardano community. That's great You're able to visit the website and other wallets Receiver stake address and see which token wards. They're eligible for I'll show you how to do that So how do I use drip drops and just so you know This article is it's linked in the description and also the website drip drops Sounds so funny is also linked in the description as well. I think I put it at the very top Here's how you do it. Go to drip drops paste your wallet receive or stake address So whatever you staked your your cardano with whatever wallet ate a light Yoroi deadless or I guess it's umi or whatever that numy Nami that's it Then you just you paste in that that that address that you receive drip drops will create a blockchain Just play the tokens in your wallet to receive Please choose sunny tokens claim click claim by drops. Great. Here's how you do that So when you go to drip drops.io, it's going to say right here And your wallet to receive your rewards. So this is an an old wallet When I I use the other wallet And you're going to click on check check my drops and this is an old one. You're not staking. It's not active Whatever else but the other one when I did it What's going to happen is it's going to pop up and you're going to have all For me because I've had this wall forever. You're going to see a ton of different Drops that you're probably eligible for you just click on sunday swap and it'll go into your to your wallet But just so you know Real quick you have to pay for that service. So hold on Uh, when claiming your ISO rewards, you'll be asked to send a payment of three eta just so you know 1.3 a double we've returned to you to cover the uh, UT XO And then 1.7 will be the actual fee. So just so you know you got to pay 1.7 a and no people like I don't want to pay anything. Well, you can just wait Because if you don't want to pay the drip drops fee, we'll be building this is sunday swap We're building out a service to claim your rewards in the coming months You'll have a year to claim it on your word. So don't worry about it. And that's what's that's what's going on For sunday swap. If you have any questions, I'll answer them at the end But just to finish up real quick There's two things actually One I thought it was interesting that we it took so long to get a dex for cardano You had sunday swap mooseley swap and I have one called wing writers they just got four and a half million and The company said it's offering full privacy to its investors and only requires users to Connect a lightweight non custodial new file wallet to buy and trade token. So another dex is out for cardano and uh, I linked The website wing writers.com. I think I don't like here is that when you want to launch the test next That's not live live, but then you got to download ah You you click on here for some reason. Let me see I can refresh this Without putting in all my personal information You got to make a new wallet and I'll be just between us. I'm sick of all these wallets I've got like 30 walls and they're all over the place. I'm like, nope I'm doing it You can do it and I link to the description But I'm like damn. Can we just get who just get like just a handful of wallets just use those? I don't know just need complaining And then to finish up, I'll be doing deep dives on two Different projects and as you know, I think that's metaverse and play to earn gaming is going to be pretty big So I want to do this one This one looks good. I'm not a gamer. I could care less about games But that's not my job as an investor. So this one This is cryptoverse What do you think would I think ben over into the crypto version get into this because it's called cryptoverse and that's uh put on by Chain guardians. So chain guardians. This is their metaverse play looks pretty interesting and what I like about this one It's going to be Uh multi chain metaverse. So unfortunately It's going to be built on ethereum But they want to look to branch out and do other different chains so we can actually make this usable That's pretty good Then also I'm going to do a big one on cornucopia is because cornucopia is first of all They're built on cardano and second of all they're doing the mobile game for blockchain play to earn And I can tell you right now a lot of people in the world They don't have desktops But they do got mobile phones. I don't care what country in I don't care if you're mexico or india or any place Some type of and then like far off regions in developing countries. They have smartphone, which is crazy to me and that's What's going on? So that's it for right now. So look Ah, let me get out of here That concludes the news. Hopefully it wasn't too long 20 minutes. I'm a little bit long But if you got to go and take off, that's great. Saturday. Go enjoy your weekend I'm going to do them myself, but for now we're going to do the q&a. So if you like the video thumbs up Subscribe all that great stuff. Let's go into some comments And get away with this comments Training people to just get a wall. I know I just there's so many wallets. It just annoys me and I don't think that I just don't feel like we need that many wallets and every single thing I should have a wall and also and it's a good point I was what this person said is that the more wallets you have the more risk you have So like if I got a wallet for everything, first of all, I have to write down all that information Then I have to make sure that I store in the right place And then I got to make sure that I don't lose it anywhere And then I also have to make sure that the the wall that I download isn't some scam So that I think is uh, is the big play. Let me know what you about think about that because I'm getting kind of I'm getting tired Getting tired of wallets All right, let me see here Yeah, I couldn't care less. I know I always say I could care less But if you think about it, I could care less One wall to rule them all that's right Oh, this sounds good Any old remember I don't remember Pillar wallet. I've been around since 2017. I don't know what this one wall to do everything God that'd be awesome. This is a good question That's not it Hello, Rob. How when can we start mining tomato coin now? I would like to work with drip drops though Just just to give away those tomato coins for everybody who stakes with me I already gave a boy a bunch of tomato coin earlier in the in 2021 Lucas, are you live? Yes? I don't see what the point is I get this question. Are you live? It's because I don't check the comments until the very end So people are like, huh? Are you alive? Maybe that's the bigger question I heard this story about a rapper betting Couple of bitcoin on Superbowl now that would be interesting And that's it Okay, so look, I don't This is just comments. Good help. Yeah. Thanks for stopping by. So look, uh, there's no questions in here that I can see So I'm just gonna split out of here a lot of things to do. It's the weekend So look, if you liked today's video, give it a thumbs up I'll consider subscribing a lot of things we talk about our time sensitive and that's it for today So if you're watching the replay, I'll stick up two videos One will probably be D news and the staking pool and the other one the other one I was talking about earlier So thanks so much for watching. I appreciate it. See you on the next