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◽Altcoin Alerts, News, Events, ICO/IEO Updates, Research, Tweets and more. 🚩Content posted in this channel should not be considered as investment advice. Invest only at ur own risk.
🔔 Pudgy Penguins Sells One Million Plush Units in Less Than a Year !
Luca Netz, the CEO of Pudgy Penguins, announced a significant milestone for the brand, with over one million Pudgy Penguin plush toys sold. This achievement highlights the brand's popularity and successful partnerships with major retailers like Hot Topic, Target, and various specialty stores globally.
▶️ Check More Details Here:
https://twitter.com/LucaNetz/status/1789729571262042328
🔔 Victim Recovers Funds After $71M 'Address Poisoning' Attack !
A victim of an 'address poisoning' attack has recovered almost all of the $71 million worth of wrapped Bitcoin tokens (WBTC) that were stolen in the attack. Blockchain data shows that the recovery negotiations involved blockchain cybersecurity firm Match Systems and the exchange Cryptex. The victim has no complaints against the attacker following the recovery.
▶️ Check More Details Here:
https://chainwire.org/2024/05/11/match-systems-ceo-andrei-kutin-announces-full-recovery-of-68-mln-stolen-crypto-assets-from-cryptex/
🔔 ARK and 21Shares Remove Staking Plans from Ethereum ETF Proposal !
ARK Invest and 21Shares have removed staking plans from their updated spot Ethereum ETF proposal. The change, submitted on May 10, removes a clause stating 21Shares would stake a portion of the fund's assets through third-party providers. This move could be in response to potential SEC feedback or a strategic effort to limit information available for a potential rejection.
▶️ Check More Details Here:
https://www.sec.gov/Archives/edgar/data/1992508/000121390024041758/ea0205580-01.htm
⚡️ News Flash - 10 May 2024 !
1️⃣ Lightning Labs CEO: Bringing Stablecoins to the Bitcoin Blockchain
Elizabeth Stark, Lightning Labs CEO, revealed at the Financial Times Crypto and Digital Assets Summit that her team successfully conducted a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.
2️⃣ Pennsylvania Resident Charged with Insider Trading by SEC
Frank T. Poerio, Jr. was charged by the SEC with insider trading for using nonpublic information about Dick’s Sporting Goods Inc. to make over $800,000 in illegal profits. He obtained the information from an employee and traded securities despite the employee's requests not to do so.
3️⃣ DOJ Chooses FRA, Not Sullivan & Cromwell, for Binance's 3-Year Monitorship: Report
Forensic Risk Alliance (FRA) has been chosen over Sullivan & Cromwell to serve as Binance's outside monitor. This decision comes as part of Binance's plea deal with the Department of Justice, requiring the exchange to undergo a three-year monitorship related to illicit financial activity.
4️⃣ CFTC Votes to Propose Rules Prohibiting Political Event Betting via Event Contracts
The proposal prohibits trading or clearing event contracts related to gaming, war, terrorism, and assassination, deeming them contrary to the public interest. CFTC Chair Behnam highlighted a significant increase in such contracts listed for trading on CFTC-registered exchanges since 2021.
5️⃣ Binance and KuCoin Receive Regulatory Approval in India
Binance and KuCoin have received approval from India's anti-money laundering unit, making them the first offshore crypto exchanges to do so after being banned for "operating illegally" in the country.
🔔 Jack Dorsey Predicts Bitcoin Price Will Exceed $1 Million by 2030 !
Jack Dorsey, former Twitter CEO and crypto advocate, predicts Bitcoin could hit $1 million by 2030, citing its ecosystem's growth potential. His optimism reflects a broader sentiment among crypto enthusiasts, despite Bitcoin's current price around $60,886.
▶️ Check More Details Here:
https://www.piratewires.com/p/interview-with-jack-dorsey-mike-solana
🔔 Cross The Ages (CTA) Live on Kucoin Burningdrop !
Cross The Ages has announced that its native token, $CTA, is live on Kucoin Burningdrop. The subscription period is currently ongoing and will last until today at 18:00 UTC. The Burning Acceleration Period will start on 10 May at 20:00 UTC and end on 11 May at 02:00 UTC. The staking period will begin on 11 May at 02:00 UTC and last until 31 May at 01:59:59 UTC. The total supply of the $CTA token is 500 million, and the TGE market price is $0.25.
▶️ Check More Details Here:
https://twitter.com/kucoincom/status/1788514499206762703
▶️ Project Socials:
Website | Twitter | Discord
🔔 Tether Responds to Deutsche Bank's Stablecoin Warning, Upholds Reserve Transparency !
Tether criticized a Deutsche Bank report that raised concerns about stablecoins' stability, including Tether's USDT. The report predicted potential crises similar to Terrausd's 2022 collapse, citing issues like speculative sentiment and lack of transparency. Tether defended its transparency and reserve practices, dismissing the report's conclusions and questioning Deutsche Bank's credibility.
🔔 Notcoin (NOT) Farming Starts On Binance Launchpool From 13 May !
▶️ Token Info:
▪️ Ticker: $NOT
▪️ Total Supply: 102,719,221,714 $NOT
▪️ Launchpool Rewards: 3,081,576,651 $NOT (3% of max token supply)
▪️ Initial Circulating Supply: 102,719,221,714 $NOT (100% of max token supply)
▶️ Staking Info:
▪️ Token staked: BNB, FDUSD
▪️ Farming period: 13 May ~ 15 May
▪️ Hourly Hard Cap per User:
▫️ BNB: 3,637,972 $NOT
▫️ FDUSD: 641,995 $NOT
▶️ Listing Info: Binance will list $NOT on 16 May, 12:00 (UTC)
▶️ Check More Details Here :
https://www.binance.com/en/support/announcement/b78921ecf7c94e50973850fc47f497b9
🔔 Banksy Owner Sentenced to Jail for $7.1 Million Crypto Scam !
Two UK men were jailed for stealing £5.7 million ($7.1 million) in crypto by using a fake crypto exchange mimicking Blockchain.com. They scammed 55 victims in 26 countries by tricking them into entering their login details on the fake site. Police seized a £60,000 Banksy print, three vehicles, £64,000 in crypto, and £551,000 in cash from the pair.
▶️ Check More Details Here:
https://www.rocu.police.uk/news/2024/may/two-men-jailed-for-international-cryptocurrency-fraud/
🔔 Nexo Allocates $12M for Ecosystem Incentives as Part of Sixth-Anniversary Celebration !
Nexo, a crypto lending protocol, is celebrating its sixth anniversary by allocating 10 million NEXO tokens, worth $12.5 million, to its users. Users can earn points by engaging with various Nexo ecosystem activities, with the opportunity to convert points to NEXO tokens at the end of the event.
▶️ Check More Details Here:
https://nexo.com/blog/the-nexo-token-hunt
🔔 Ark Invest, Led by Cathie Wood, Resumes Selling Coinbase Shares, Unloading $15 Million in COIN !
Ark Invest sold 70,616 Coinbase shares worth $15.1 million on Tuesday as part of its fund rebalancing. These sales mark the largest since April 11, when Ark offloaded $20.4 million worth of Coinbase stock.
🔔 US Charges Russian National with Developing and Operating LockBit Ransomware !
The ringleader of the LockBit ransomware operation, Dmitry Khoroshev, has been unmasked and indicted by U.S. authorities. The 31-year-old allegedly acted as LockBit's developer and administrator, receiving 20% of each ransom payment, totaling $100 million in cryptocurrencies over four years. He faces more than two dozen criminal counts.
▶️ Check More Details Here:
https://www.justice.gov/usao-nj/pr/us-charges-russian-national-developing-and-operating-lockbit-ransomware
🔔 Engines of Fury IDO to Be Hosted on 13 May !
Engines of Fury's native token $FURY will have its IDO conducted on SidusPad, ChainGPT Pad, and Ape Terminal, with Total raise $150K, $250K, and $150K respectively. The IDO will be held on 13 May at 10:00 AM UTC on SidusPad and 12:00 PM UTC on ChainGPT Pad & Ape Terminal. The IDO Price is $0.20, The initial MCap is $417K, the fully diluted MCap is $24M, and the total supply is 120M $FURY.
Engines of Fury, a Web3 game, stands out as the first top-down extraction shooter. Developed for over two years by a team with AAA studio backgrounds (including Ubisoft, Blizzard, Activision, and Unity alumni), it promises a diverse gameplay experience. Players can engage in single-player, co-op, and PVPVE modes, all tied together by the $FURY token, which serves as a central element in the game's ecosystem.
▶️ Check More Details Here:
https://twitter.com/EnginesOfFury/status/1787467703013277723
▶️ Project Socials:
Website | Twitter | Telegram
🔔 Mode, a Layer 2 Network on the OP Stack, to Begin Airdrop Claims for Governance Token Today !
Mode, a Layer 2 network on the OP Stack, is starting an airdrop of 550 million Mode tokens, representing 5.5% of its total supply. The distribution is based on Mode points earned during the "Mode Sunrise" event in January, reflecting users' activities in DeFi, NFTs, and other Layer 2 networks.
▶️ Check More Details Here:
https://twitter.com/modenetwork/status/1787165497722556773
🚨 Sky News Reported, Chinese State Hacks UK Ministry of Defence !
Sky News reports that the Chinese state has hacked the UK Ministry of Defence in a data breach targeting service personnel. The breach involved a payroll system containing names and bank details, but no data appears to have been taken. The MoD is providing support to personnel and has taken down the affected system for review. The incident raises questions about intelligence sharing with China, following previous cyberattacks attributed to Chinese actors.
▶️ Check More Details Here:
https://news.sky.com/story/china-hacked-ministry-of-defence-sky-news-learns-13130757
🔔 Victoria VR to Launch Early Access of Asugea Metaverse on 14 May !
Victoria VR is set to launch the early access of its VR Asugea Metaverse on 14 May. Asugea is the main city of the Wood region, featuring lush forests and Oriental-inspired architecture. The early version will offer a captivating storyline and quests, allowing users to explore the detailed landscapes and immerse themselves in the beauty of nature.
Victoria VR is a blockchain-based Virtual Reality Metaverse that offers players an immersive experience with highly detailed graphics. It combines elements of an MMORPG with a Social Experience
Playground, allowing players to engage in various activities like gaming, developing VR Land, owning businesses, working, and entertainment.
▶️ Check More Details Here:
https://twitter.com/VictoriaVRcom/status/1789636588940493021
▶️ Project Socials:
Website | Twitter | Telegram
🔔 The address marked as Justin Sun 4 Address Receives 2.08 Million EIGEN !
Justin Sun's address, known as Justin Sun 4, received 2.08 million EIGEN tokens on May 11, making it the second-highest depositor in EigenLayer. This address had previously deposited 104,000 ETH directly and 58,000 ETH through Puffer before March.
▶️ Check More Details Here:
https://etherscan.io/tx/0x7b5f3c992373ee4d18a22e23f4e1e66908b2efe15e2b598e8ca2d41b7a00ea98
🔔 SEC Accuses Coinbase of Disliking the Answer !
The SEC has opposed Coinbase's request for an interlocutory appeal, accusing Coinbase of trying to manipulate the question to fit into a certifiable question under the law. The SEC reiterated Coinbase's dissatisfaction with the Howey Test and current securities regulation, suggesting that Coinbase structured its business in ways that might be costly to comply with existing laws. The SEC stated that Coinbase cannot complain about the outcome since it played a role in shaping the regulatory environment.
▶️ Check More Details Here:
https://storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.125.0.pdf
🔔 iMe Smart Platform Announces Integration with Manta Network !
The iMe Smart Platform has announced its integration with Manta Network. This integration will enable crypto users to enjoy the scalability of the Manta Pacific network when sending cryptocurrency via wallet addresses, QR code scanning, and even in Telegram chats, all in just two clicks.
iMe Smart Platform is a multifunctional Telegram client that integrates DeFi and AI tools, offering advanced functionality and a non-custodial crypto wallet. It expands Telegram's capabilities, making it attractive to users interested in cryptocurrencies and AI.
▶️ Check More Details Here:
https://twitter.com/imeplatform/status/1787400191785464313
▶️ Project Socials:
Website | Twitter | Telegram
🔔 Coinbase-Backed Stand With Crypto Advocacy Group Launches PAC Targeting US Elections, Reuters !
Stand With Crypto, an advocacy group started by Coinbase with 440,000 members, has launched a political action committee (PAC) to raise funds ahead of the U.S. elections. The PAC aims to support crypto-friendly bipartisan candidates running for the House of Representatives and the Senate.
▶️ Check More Details Here:
https://www.reuters.com/world/us/crypto-group-with-440000-members-launches-pac-target-house-senate-elections-2024-05-10/
🔔 Cardano Founder: President Joe Biden is Trying Hard to 'Kill Crypto' !
Charles Hoskinson, founder of Cardano, accused President Joe Biden's administration of trying to destroy the American cryptocurrency industry. Hoskinson criticized the government's actions, including restricted access to bank accounts and the SEC's regulatory approach. He claimed the White House is obstructing legislative processes, aiming to harm the industry. Hoskinson made these remarks in a video posted on May 9, expressing concern over the administration's impact on the crypto sector.
▶️ Check More Details Here:
https://twitter.com/IOHK_Charles/status/1788294144181543383
🔔 Binance Co-founder and DWF Labs Addresses Market Manipulation Allegations !
The Wall Street Journal alleged market manipulation involving Binance co-founder Yi He and market maker DWF Labs, who both denied the accusations. The report claimed DWF Labs engaged in manipulative practices, but Binance supported the firm, leading to the dismissal of the investigator who recommended action against DWF Labs.
▶️ Check More Details Here:
▪️Binance Co-founder:
https://twitter.com/heyibinance/status/1788571398715097489
▪️DWF Labs
https://twitter.com/DWFLabs/status/1788507756326269293
🔔 MixMob Announces Launch Date for Race-to-earn Game Racer 1 !
MixMob, a Solana-based gaming universe, is set to release its first game, MixMob: Racer 1, on May 14 for iOS and Android. The game offers a unique blend of strategic racing and card selection, challenging players to vie for crypto rewards in a post-apocalyptic world plagued by a malevolent AI. Players can already pre-order the game on iOS globally, with automatic downloads scheduled for launch day.
▶️ Check More Details Here:
https://twitter.com/MixMobOrigin/status/1788313512919367807
▶️ Project Socials:
Website | Twitter | Discord
🔔 Donald Trump Announces Acceptance of Cryptocurrency for Campaign Donations !
Former U.S. President Donald Trump announced his intention to accept cryptocurrency for campaign donations. In videos uploaded by NFT creator Frank Degods, Trump expressed his plan to allow cryptocurrency donations for his campaign.
▶️ Check More Details Here:
https://twitter.com/frankdegods/status/1788377000941367340
🔔 Tether Expands Crypto Payments in Eastern Europe Through New Investment !
Tether is increasing its investment in CityPay.io, a Georgia-based crypto payment provider, to boost cryptocurrency adoption in Eastern Europe. CityPay.io allows users to pay for services with cryptocurrencies like Bitcoin at locations such as Wendy’s and Radisson Hotels. The investment aims to expand CityPay.io's presence in countries like Georgia, Armenia, Azerbaijan, Kazakhstan, and Uzbekistan, with plans to launch e-wallet and card solutions.
▶️ Check More Details Here:
https://tether.io/news/tether-boosts-payment-solutions-in-eastern-europe-with-additional-investment-in-citypay-io/
🔔 FTX's Proposal for 'Billions in Compensation' Met with Mixed Reactions !
FTX's new proposal to repay victims of its 2022 collapse promises to reimburse all creditor claims plus "billions in compensation for the time value of their investments." The plan, subject to court approval, offers a 118% recovery to most creditors, but reimburses based on asset values at the time of FTX's bankruptcy, not current prices. FTX estimates the total distribution to creditors will be $14.5 to $16.3 billion.
▶️ Check More Details Here:
https://www.prnewswire.com/news-releases/ftx-files-consensus-based-plan-of-reorganization-302138948.html
🔔 SEC Chair: Investors Lack Crypto Disclosures Despite Wells Notices !
During a CNBC Squawk Box interview, SEC Chair Gary Gensler addressed the agency's Wells Notice against Robinhood Crypto but did not directly respond to inquiries about whether Ethereum would be classified as a commodity or security.
▶️ Check More Details Here:
https://www.theblock.co/post/292904/sec-chair-gary-gensler-says-investors-lack-needed-crypto-disclosures-following-multiple-wells-notices-according-to-cnbc
🔔 Binance CEO Calls for Release of Tigran Gambaryan, Asserts Innocence !
Tigran Gambaryan, a Binance colleague, has been detained by the Nigerian government for over 70 days. He is a respected financial crime fighter with a background in law enforcement. Tigran joined Binance to develop compliance controls and cooperate with global law enforcement. His detention has raised concerns about the treatment of mid-level employees invited for collaborative policy meetings. Tigran went to Nigeria as a functional expert in financial crime and capacity building, not as a decision-maker or negotiator.
▶️ Check More Details Here:
https://www.binance.com/en/blog/leadership/from-richard-teng-binance-ceo-tigran-gambaryan-is-innocent-and-must-be-released-3634612934164622056
⚡️ News Flash - 6 May 2024 !
1️⃣ GNUS Discord Hack Results in $1.27M in Losses
On May 5, the Genius (GNUS) artificial intelligence network fell victim to a token-minting exploit, resulting in approximately $1.27 million in losses. In response, the GNUS team announced the development of a new token version and advised users against purchasing the old token.
2️⃣ iMe Smart Platform Integrates Manta Network into iMe Wallet
iMe Smart Platform Announces Manta Network Integration in iMe Wallet, Enabling Scalable Crypto Transactions via Wallet Addresses, QR Codes, and Telegram Chats in Two Clicks
3️⃣ Omnia Protocol to Conduct OMNIA Token IDO on ChainGPT Pad on 9 May
Omnia Protocol is launching its OMNIA token IDO on ChainGPT Pad on 9 May. The token price is $0.35, with a total raise of $700K and an initial market cap of $210K. The diluted valuation is $35M, with vesting terms of 15% at TGE, a one-month cliff, and linear vesting over eight months. Omnia Protocol focuses on dePIN and aggregation as an RPC provider.
4️⃣ Binance Urges Users to Convert BIDR to Other Currencies by August 20, 2024
Binance is discontinuing support for BIDR products and services, with delistings starting May 10 and ending May 17, 2024. Users should trade or convert their BIDR assets before these dates. Any remaining BIDR balances after August 20, 2024, will be automatically converted to FDUSD.
5️⃣ Jack Dorsey's Block Plans to Raise $1.5B in Senior Notes Offering
Block, formerly Square, intends to issue $1.5 billion in senior notes through a private placement to qualified institutional investors. The specific terms of the notes, such as interest rates and maturity dates, will be negotiated with initial purchasers. Eligible investors include pension funds, banks, mutual funds, and high-net-worth individuals.
🔔 Arbitrum Exceeds $150 Billion in Total Transaction Volume on Uniswap !
Arbitrum, an Ethereum Layer 2 protocol, recently achieved a milestone by surpassing $150 billion in transaction volume on the decentralized exchange Uniswap. This makes Arbitrum the first Layer 2 protocol to reach this milestone on Uniswap. The cumulative swap volume on Arbitrum reached $150.2 billion as of Today.
▶️ Check More Details Here:
https://twitter.com/Uniswap/status/1787479308740571373