-
◽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.
🚨 Crypto Exchange BingX Hit by Estimated $43 Million Security Breach: PeckShield !
BingX was hacked, losing an estimated $43 million from its hot wallet. The exchange called it "minor" and paused withdrawals, assuring most assets are safe in cold wallets and promising a compensation plan.
▶️ Check More Details Here:
https://x.com/PeckShieldAlert/status/1836998485364650161
🔔 Federal Reserve Lowers Interest Rates by 50 Basis Points !
The U.S. Federal Reserve cut interest rates by 50 basis points to 4.75%-5%. Bitcoin briefly rose to $61,000, and U.S. equities also gained. More rate cuts are expected by year-end.
▶️ Check More Details Here:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm
🚨 Ethena Frontend Reportedly Compromised, User Claims on X !
A user on X has reported that the Ethena frontend has been compromised. Users are advised to avoid interacting with the Ethena UI or clicking on any Ethena links until further notice. Stay cautious!
▶️ Check More Details Here:
https://x.com/pcaversaccio/status/1836448216004329561
🔔 Binance to List Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE) with Seed Tag Applied !
Binance will list Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE), with spot trading for these pairs starting on September 16, 2024, at 10:00 UTC.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/4336ae4908154736acff8302509f7a05
⚡️ News Flash - 14 Sep 2024 !
1️⃣ Norwegian Town Pushes to Shut Down Bitcoin Mine as Electricity Costs Rise 20%
Hadsel, Norway, shut down a Bitcoin mine due to noise complaints, causing residents' electricity bills to rise. The closure cut 20% of local power revenue, increasing costs for households by $235–$280 annually.
2️⃣ Chinese Government Considers Anti-Money Laundering Law to Monitor Emerging Fintech
China is revising anti-money laundering laws to improve monitoring of risks from emerging technologies like cryptocurrencies. Regulators and financial institutions will collaborate to manage these threats.
3️⃣ Stablecoin Issuers Freeze $5 Million Connected to Lazarus Group After ZachXBT Probe
Four stablecoin issuers Paxos, Tether, Techteryx, and Circle have frozen nearly $5 million in stablecoins tied to North Korea's Lazarus hacking group after an investigation by ZachXBT. ZachXBT criticized Circle for taking 4.5 months to freeze its portion of the funds.
4️⃣ US Spot Bitcoin ETFs Record Highest Daily Inflows in Two Months as BTC approaches $60,000
US-based spot Bitcoin ETFs saw their highest single-day inflows since July 22, with Bitcoin nearing $60,000. Spot Ether ETFs also had modest inflows.
5️⃣ Crypto Millionaire Faces $43 Million Loss in Ether-Bitcoin Trading Bet
Crypto millionaire James Fickel lost over $43 million since January, with his Aave debt reaching $132 million. He bet on Ether rising against Bitcoin, but the strategy backfired.
🔔 Catizen (CATI) Farming Starts On Binance Launchpool From 16 Sep !
▶️ Token Info:
▪️Ticker: $CATI
▪️Max Token Supply: 1B $CATI
▪️Launchpool Rewards: 90M $CATI (9% of total token supply)
▶️ Staking Info:
▪️ Token staked: BNB, FDUSD
▪️ Farming period: 16 Sep ~ 19 Sep
▪️ Hourly Hard Cap per User:
▫️ BNB: 79,687 $CATI
▫️ FDUSD: 14,062 $CATI
▶️ Listing Info: Binance will list $CATI on 20 Sep, 10:00 (UTC)
▶️ Check More Details Here :
https://www.binance.com/en/support/announcement/03b4921a44644da2880a290c0e254140
🔔 JUST IN: Trump Set to Launch 'World Liberty Financial' on Sept 16 via X's Spaces !
▶️ Source: https://x.com/realDonaldTrump/status/1834311432982135015
🔔 Grayscale Announces First U.S. XRP Trust, Setting Stage for Possible ETF !
The U.S. will see the launch of its first XRP trust, offering accredited investors exposure to XRP, the token powering Ripple's blockchain. Unlike ETFs, which require SEC approval for retail marketing, the trust targets accredited investors and could evolve into an ETF with regulatory approval.
▶️ Check More Details Here:
https://www.foxbusiness.com/markets/grayscale-launch-first-us-xrp-trust-paving-way-potential-etf
⚡️ News Flash - 10 Sep 2024 !
1️⃣ FTX Reaches Settlement with Emergent Over $600M Robinhood Shares Dispute
FTX settled with Emergent Technologies over $600M in Robinhood shares, paying $14M to cover expenses. The deal helps FTX recover funds for creditors and resolves Emergent's bankruptcy. The Justice Department had seized the shares after FTX's 2022 collapse.
2️⃣ North Carolina Senate Passes CBDC Ban After Overriding Governor's Veto
North Carolina passed a bill banning the use and testing of Federal Reserve-issued CBDCs, overriding Governor Cooper's veto with a Senate vote of 27-17.
3️⃣ Ethereum Stablecoin Volume Reaches $1.46 Trillion as DeFi Demand Increases
Ethereum's stablecoin volume has reached a record $1.46 trillion, up from $650 billion earlier this year. DAI leads with $960 billion, while PYUSD has grown to $2.4 billion. USDC and USDT continue to be major players.
4️⃣ Japan’s Metaplanet Increases Bitcoin Holdings to 3.75 Billion Yen
Japanese investor Metaplanet acquired 38.464 BTC, increasing its holdings to 398.832 BTC. The firm’s stock rose 4.42% following the purchase.
5️⃣ Former Alameda CEO Caroline Ellison Scheduled for Sentencing on Sept. 24 After FTX Fallout
Caroline Ellison, ex-Alameda co-CEO, will be sentenced on September 24 for fraud. She faces up to 110 years in prison but could receive a lighter sentence due to cooperation.
⚡️ News Flash - 08 Sep 2024 !
1️⃣ Elon Musk Refutes Claims That Tesla Will Pay xAI for AI Technology Collaboration
Elon Musk denied claims that xAI would earn revenue from Tesla, clarifying that while xAI helped improve Tesla’s self-driving tech, no licensing is involved.
2️⃣ Bitcoin ATMs Emerge as Major Threat to Cryptocurrency Security
Bitcoin ATMs are on the rise in the U.S., but cybercrime risks are growing. Experts warn of hackers exploiting vulnerabilities and scams targeting users, especially seniors. Caution is advised when using these machines.
3️⃣ Friend.Tech Developers Give Up Control of Smart Contracts After Growth Stalls
Friend.Tech, a Web3 social network, has shut down after developers locked its smart contracts. The platform, which quickly gained traction, is no longer active.
4️⃣ Catizen, a Telegram Clicker Game, Achieves 800K Paying Users in First 6 Months
Telegram mini-app Catizen hit 34 million users in six months and is the top-earning app on Telegram. It also received an undisclosed investment from The Open Platform.
5️⃣ Tether Invests $100M in Agriculture Firm Amid Growing Stablecoin Competition
Tether has invested $100 million to acquire a 9.8% stake in Latin American agriculture firm Adecoagro, marking its first foray into the agriculture sector.
⚡️ News Flash - 06 Sep 2024 !
1️⃣ Atari Founder’s New Venture Teams Up with Skale Labs for Gas-Free Blockchain Gaming
Moxy has teamed up with Skale Labs to create a Web3 ecosystem with gasless transactions, migrating its Moxy Token (WMOXY) to the SKALE Protocol. Skale Labs' CEO expressed excitement about the partnership.
2️⃣ Crypto PACs Spend $14M Targeting Key US Senate and House Races
The Fairshake PAC has spent over $6.9 million supporting pro-crypto candidates in key congressional races ahead of the 2024 U.S. election, focusing on Alaska, Iowa, North Carolina, and Colorado.
3️⃣ Magic Eden's Multi-Chain NFT Market Soars with $60 Million Daily Volume as ME Token Hype Grows
Magic Eden's daily NFT trading volumes surged from $1M to $30M, peaking at $60M. The marketplace is set to launch its ME utility token and currently dominates 80% of Bitcoin Ordinals and Runes trading.
4️⃣ Robinhood to Settle for $3.9 Million Over Crypto Customer Lock-In Charges
Robinhood Crypto will pay $3.9 million to settle claims it misled investors and failed to deliver digital assets between 2018 and 2022.
5️⃣ Ripple Labs Co-Founder Chris Larsen Supports Kamala Harris
Former Ripple CEO Chris Larsen, along with 88 other business leaders, has endorsed Kamala Harris for the 2024 presidential election, citing her support for American businesses and investment.
🔔 JUST IN: Amazon Prime Video X Account Possibly Hacked, Promotes $PRIME Solana Token !
Читать полностью…
🔔 Pump.fun Hits $100 Million in Revenue as Polymarket Leads Over NFTs in August !
The crypto platforms Pump.fun and Polymarket have surged in popularity, each built on speculation. Pump.fun, a memecoin launchpad, hit $100 million in revenue but recently saw a dip, raising sustainability concerns. Polymarket, a prediction marketplace, continues to thrive by encouraging informed trading.
▶️ Check More Details Here:
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
⚡️ News Flash - 30 Aug 2024 !
1️⃣ Solo Miner Wins $200K Bitcoin Reward with Only 0.012% of Hashrate
A solo Bitcoin miner hit the jackpot by processing block 858,978, earning nearly $200,000. The miner received 3.27 BTC for successfully processing the block, which contained 2,391 transactions.
2️⃣ Elon Musk and Tesla Win Dogecoin Manipulation Lawsuit
Elon Musk and Tesla won the dismissal of a $258 billion lawsuit accusing them of manipulating Dogecoin's price. A judge ruled that Musk's tweets were "aspirational and puffery," not factual statements that could mislead investors.
3️⃣ Former FTX Exec Withdraws Request to Vacate Guilty Plea, Refers Case to Partner's Proceedings
Ryan Salame, ex-FTX Digital Markets co-CEO, withdrew his petition to vacate his guilty plea, leaving the issue to be addressed in his partner Michelle Bond's case, where similar charges are involved.
4️⃣ French President Macron Rejects Claims of Inviting Pavel Durov to France
French President Emmanuel Macron said he was unaware of Pavel Durov’s visit to France and did not invite him. Macron emphasized that Durov’s case will be handled by the French justice system, denying any political motives behind the arrest.
5️⃣ South Korea’s ‘Google’ Unveils Crypto Wallet for 33 Million Users
South Korean tech giant Naver is launching its first crypto wallet, Naver Pay Wallet, in collaboration with the sports-focused blockchain Chiliz. The wallet, available to over 33 million Naver users, will support fan tokens and is managed by Naver subsidiary Naver Pay.
⚡️ News Flash - 19 Sep 2024 !
1️⃣ Two Individuals Accused in $230 Million Cryptocurrency Fraud
Federal prosecutors have charged Malone Lam and Jeandiel Serrano with stealing over $230 million in cryptocurrency, following an investigation initiated by blockchain researcher ZachXBT. The stolen funds were allegedly spent on luxury items, and the FBI is continuing the investigation.
2️⃣ Terraform Labs Granted Approval by U.S. Bankruptcy Judge to Start Liquidation Process: Reuters
Terraform Labs has received court approval to shut down, with plans to pay up to $442.2 million to stakeholders, following its stablecoin collapse and an SEC fraud case.
3️⃣ SEC Requests Four-Month Extension to Provide Documents in Coinbase Case
The SEC requested an extension until February 2025 to produce over 133,000 documents in its discovery case with Coinbase, following a court order on securities laws for tokens.
4️⃣ Telegram Bot Banana Gun Users Report Losses Exceeding $1.9 Million
Users of the Telegram trading bot Banana Gun have lost nearly $2 million to attacks by at least 11 individuals, with security firm Cyvers reporting that around $1.9 million has been drained from wallets, affecting hundreds of users.
5️⃣ WazirX Hacker Moves $32 Million in Stolen Ether to Tornado Cash
Hackers from the $230 million WazirX breach have moved 15,000 ether (ETH) to Tornado Cash since Monday. Their wallet still holds over $50 million in tokens.
🚨 Ethena Deactivates Website After Domain Registrar Account Compromised !
https://x.com/ethena_labs/status/1836450334329155787
⚡️ News Flash - 17 Sep 2024 !
1️⃣ Prager Metis Settles with SEC for $745K Over FTX Audit Misconduct Charges
Prager Metis will pay $745,000 to settle SEC charges over its audits of FTX, which allegedly misrepresented compliance with standards and failed to assess risks. The settlement requires an independent review of its audit practices.
2️⃣ Binance Founder CZ Expected to Walk Free Next Week
Binance founder Changpeng Zhao will be released from custody on September 29 after serving a four-month sentence for violating the Bank Secrecy Act. He also paid a $50 million fine and resigned as CEO.
3️⃣ Ripple Co-Founder Heads $10M Investment Round for Decentralized Clearing
Chris Larsen has invested $10 million in Yellow Network, a new decentralized clearing network aiming to enhance crypto market efficiency. Notable supporters include ConsenSys and Moonrock Capital.
4️⃣ Winklevoss Twins' Father Donates $4M in Bitcoin to School Exploring Theory That Influenced Satoshi
Howard Winklevoss donated $4 million in bitcoin to Grove City College, marking its first cryptocurrency gift. The funds will support new business programs.
5️⃣ MicroStrategy Launches Third Debt Offering of 2024, Seeking to Raise $700M
MicroStrategy announced its third 2024 debt offering, seeking to raise $700 million through convertible senior notes due in 2028. The funds will repay $500 million in existing debt and purchase more Bitcoin.
⚡️ News Flash - 13 Sep 2024 !
1️⃣ Danny Ryan, Ethereum Foundation Researcher, Departures After Seven Years of Service
Danny Ryan, a key Ethereum Foundation researcher, is stepping down after seven years. He cited personal reasons and a desire for new opportunities, stating his departure is not a reflection on Ethereum or the broader crypto space.
2️⃣ Sam Bankman-Fried Seeks Appeal of Fraud Conviction and Requests New Trial
Sam Bankman-Fried’s lawyers have appealed his 25-year sentence, claiming trial bias and incomplete evidence. They argue FTX’s insolvency narrative was false and that prosecution and FTX debtors worked unfairly together.
3️⃣ Spanish Crypto Exchange Bit2Me Secures Virtual Asset Service Provider License in Argentina
Spanish crypto exchange Bit2Me has secured VASP approval from Argentina's National Securities Commission (CNV). This move aligns Bit2Me with local regulations and supports its expansion in Latin America.
4️⃣ England’s High Court Rules Tether’s USDT Stablecoin is Considered Property
England's High Court ruled Tether's USDT stablecoin is considered property under English law, allowing it to be traced and held in trust.
5️⃣ Kraken Requests Jury Trial to Dispute SEC's Unregistered Securities Exchange Allegations
Kraken has denied the SEC's claims of operating as an unregistered securities exchange and is seeking a jury trial. The SEC's lawsuit includes allegations about several tokens being unregistered securities. Kraken argues the SEC has obstructed regulatory clarity.
🔔 JUST IN: MicroStrategy Acquires 18,300 BTC for $1.11 Billion, Holds 244,800 BTC !
MicroStrategy has bought 18,300 Bitcoin for $1.11 billion, bringing its total holdings to 244,800 BTC, acquired for $9.45 billion. The company has a Bitcoin yield of 4.4% this quarter and 17% year-to-date.
▶️ Check More Details Here:
https://x.com/saylor/status/1834564555944481227
🔔 Hamster Kombat (HMSTR) Farming Starts On Binance Launchpool From 19 Sep !
▶️ Token Info:
▪️Ticker: $HMSTR
▪️Max Token Supply: 100B $HMSTR
▪️Launchpool Rewards: 3B $HMSTR (3% of total token supply)
▶️ Staking Info:
▪️ Token staked: BNB, FDUSD
▪️ Farming period: 19 Sep ~ 25 Sep
▪️ Hourly Hard Cap per User:
▫️ BNB: 1,517,857.14 $HMSTR
▫️ FDUSD: 267,857.14 $HMSTR
▶️ Listing Info: Binance will list $HMSTR on 26 Sep, 12:00 (UTC)
▶️ Check More Details Here :
https://www.binance.com/en/support/announcement/4ff1ed79c8e44acfba1d8f4e5a23dd64
⚡️ News Flash - 11 Sep 2024 !
1️⃣ UK Government Introduces Bill to Clarify Legal Status of Cryptocurrency
The UK government introduced a Property Bill to clarify the legal status of cryptocurrencies and NFTs as "personal property." The legislation will create a new property category, providing legal protection against fraud and aiding in complex cases, like asset division in divorces.
2️⃣ U.S. Consumers Lost $5.6 Billion to Crypto Fraud Scams Last Year
Crypto scams cost Americans $5.6 billion in 2023, up 45% from the previous year, with California seeing the highest losses. The FBI warns of rising fraud through fake crypto investments.
3️⃣ $1.4M Drained from CUT Token Pools by Attacker Using Unverified Contract
An attacker drained over $1.4 million from a liquidity pool holding CUT tokens on PancakeSwap on Sept. 10, according to blockchain security firm CertiK. The exploit involved an unverified contract linked to the CUT token.
4️⃣ Friend.tech Team Faces Rug Pull Allegations After Selling $52M in 6 Months
Friend.tech is under scrutiny after transferring control of its smart contracts to Ethereum’s null address on Sept. 8, leading to a 26% drop in its FRIEND token. Critics, including analyst Waleswoosh, have accused the project of a rug pull.
5️⃣ India Leads in Global Crypto Usage Despite Offshore Exchange Ban
India remains the top country for cryptocurrency adoption in 2024, according to Chainalysis. Despite a ban on offshore crypto exchanges, India leads globally in adoption, surpassing countries like Nigeria, Indonesia, the U.S., and Vietnam in Chainalysis’ Global Crypto Adoption Index.
⚡️ News Flash - 09 Sep 2024 !
1️⃣ UK Parliament May Summon Elon Musk Over X Platform Operations
UK MP Dawn Butler plans to invite Elon Musk to testify before Parliament about social media platform X's role in spreading misinformation and amplifying hateful content, following recent far-right riots in the UK.
2️⃣ Judge Grants Temporary Stay in Kalshi v. CFTC Election Betting Case
A federal judge has temporarily paused a decision allowing Kalshi to list U.S. election bets, with a hearing set for Sept. 12 to address motions from the CFTC and Kalshi.
3️⃣ Michael Saylor Predicts Bitcoin Could Reach $13 Million
Michael Saylor predicts Bitcoin could reach $13 million per coin in 21 years, expecting its share of global capital to rise from 0.1% to 7%.
4️⃣ Kazakhstan Considers Binance and Bybit for Digital Asset Trading Partnerships
Binance and Bybit have received initial approval for full DATF licenses in Kazakhstan, pending final compliance checks.
5️⃣ Judge Rules Coinbase Must Address Shareholder Lawsuit Over Regulatory Risk Concerns
A U.S. judge partly denied Coinbase's attempt to dismiss a shareholder lawsuit alleging the exchange misled them about SEC regulatory risks. The court found the claim of negligence plausible.
⚡️ News Flash - 07 Sep 2024 !
1️⃣ Elon Musk's 'DOGE' Government Meme Sparks Political Speculation
Elon Musk hinted at possibly leading a new government institution if Donald Trump wins the 2024 U.S. presidential election. He teased the idea with a meme on X, blending references to both cryptocurrency and politics.
2️⃣ El Salvador Celebrates 3 Years of Bitcoin Adoption with $31M in Profits
El Salvador celebrates three years of Bitcoin as legal tender. The country, led by President Bukele, has seen its Bitcoin holdings profit by over $31 million since adoption.
3️⃣ Kalshi Achieves Significant Victory Over CFTC in US Prediction Market Case
A U.S. judge ruled in favor of Kalshi, allowing election betting derivatives, overturning a CFTC ban. Kalshi's CEO called it historic for U.S. election markets.
4️⃣ WisdomTree Withdraws Ethereum Trust S-1 Registration Filing
WisdomTree has withdrawn its S-1 filing for a spot Ether ETF, originally submitted in May 2021, and will not issue or sell securities under this registration. The firm requested to credit fees paid to the SEC for future use.
5️⃣ Bitcoin and Ethereum ETFs Hit New Lows Following Week of Bearish Price Action
U.S. Bitcoin and Ethereum ETFs hit multi-month lows with $170 million in outflows on Friday, bringing total value below $50 billion.
⚡️ News Flash - 05 Sep 2024 !
1️⃣ Ethereum Restaking Protocol EigenLayer Distributes Additional 86 Million Tokens
The Eigen Foundation will airdrop 86 million tokens on September 17. Most, 70 million, will go to node operators, with 10 million for ecosystem partners and 6 million for contributors and early supporters.
2️⃣ Thoma Bravo Founder Pledges to 'Never Touch' Crypto Again After FTX Investment Failure
Orlando Bravo's Thoma Bravo has exited crypto permanently after the collapse of FTX, which they had invested $900 million in. Following FTX's bankruptcy and Sam Bankman-Fried's fraud conviction, Bravo says they won't return to the crypto space.
3️⃣ JOJO Exchange Integrates Chainlink Data Streams on Base Mainnet
JOJO Exchange on Base network integrated Chainlink Data Streams for better price accuracy and faster data, enhancing security and user experience.
4️⃣ Crypto Travel Platform Travala Partners with Skyscanner, Adding 2.2 Million Hotels
Travala is now integrated with Skyscanner, marking the latter's first crypto partnership. This move aims to enhance travel planning for users preferring cryptocurrency payments, potentially reaching Skyscanner’s 110 million monthly users.
5️⃣ CFTC Fines Uniswap $175K for Offering Leveraged or Margined Trades Illegally
The CFTC fined Uniswap Labs $175,000 for offering illegal digital asset derivatives, citing regulatory violations. Uniswap Labs did not admit fault but settled the case.
⚡️ News Flash - 03 Sep 2024 !
1️⃣ 21.co Introduces Bitcoin Wrapper on Ethereum Blockchain
21.co is launching 21BTC, a Bitcoin wrapper on Ethereum, expanding its wrapped tokens. It aims to provide top-tier security and custody, competing with WBTC amid recent criticisms.
2️⃣ Creative Legal Fundings CEO Charged by SEC for Multimillion-Dollar Ponzi Scheme Targeting Filipino-Americans
The SEC charged Maria Dulce Pino Dickerson and her companies with defrauding over 130 investors out of $7 million in a Ponzi scheme. Dickerson allegedly promised high returns but used the funds for personal expenses. The SEC seeks penalties, and criminal charges have also been filed.
3️⃣ Justin Sun Unveils 100% On-Chain Buyback and Burn Strategy for SunPump
Justin Sun’s SunPump meme token will now use a 100% onchain buyback and burn process instead of burning LP tokens. This change, effective September 3, aims to simplify the process and enhance transparency. SunPump has recently outperformed Pump.fun in revenue and activity.
4️⃣ Terraform Wallet Transfers $62M in BTC Amid Do Kwon’s Ongoing Legal Uncertainty
A wallet linked to Terraform Labs and co-founder Do Kwon moved $62 million worth of Bitcoin on Sept. 2, according to Arkham Intelligence. The transfer involved over 1,075 BTC but it’s unclear if Kwon, who is awaiting extradition from Montenegro, was behind it.
5️⃣ SEC Charges and Settles with Galois Capital Over Crypto Custody Issues
The SEC charged Galois Capital for mishandling crypto assets and misleading investors. The firm failed to use qualified custodians and was affected by FTX's collapse. Galois agreed to pay $225,000 in penalties and cease violations.
⚡️ News Flash - 02 Sep 2024 !
1️⃣ Binance Executive Tigran Gambaryan Arrives at Nigerian Court on Crutches as Trial Continues
Binance exec Tigran Gambaryan, in poor health after six months in Nigerian detention, appeared in court on crutches. His lawyers seek bail on medical grounds; the judge allowed him a wheelchair.
2️⃣ Quidax Secures Nigeria’s First Crypto Exchange License from the SEC
Quidax is the first crypto exchange to get a provisional operating license from Nigeria's SEC, boosting regulatory oversight and trust in the industry.
3️⃣ Japanese Bitcoin Investor Metaplanet Collaborates with Ripple Partner SBI
Metaplanet, a major Japanese Bitcoin investor, has partnered with Ripple’s banking partner SBI VC Trade for Bitcoin trading and custody.
4️⃣ OKX Secures Major Payment Institution License in Singapore
OKX's Singapore entity has received a Major Payment Institution (MPI) license, allowing it to offer digital payment token and cross-border money transfer services. Gracie Lin has been appointed CEO of OKX SG to oversee new developments.
5️⃣ Donald Trump Surpasses Kamala Harris on Polymarket Once More
On Polymarket, Donald Trump's chances of winning the November election have risen to 50% as Kamala Harris' odds fell to 47%. Trump's odds peaked at 71% in July, dropped to 44% in August, but have now climbed back to lead Harris.
⚡️ News Flash - 31 Aug 2024 !
1️⃣ Hong Kong SFC Grants License to HKDAEx Despite Missed Deadline
Hong Kong's SFC has granted a digital asset exchange license to HKDAEx, despite missing the May 31 deadline. The company focuses on linking physical assets with digital ones to boost liquidity and value.
2️⃣ Vitalik Buterin Denies Profiting from Ether Sales
Ethereum co-founder Vitalik Buterin has denied accusations of selling millions in Ether for personal gain. He stated that his ETH sales were intended to fund crypto projects and charitable causes, not for personal profit.
3️⃣ Coinbase Facilitates First Crypto Transaction Between AI Agents
Coinbase CEO Brian Armstrong announced on Aug. 30 that Coinbase has completed its first AI-to-AI crypto transaction, marking a milestone in the use of AI for managing crypto trades.
4️⃣ Study Suggests Bitcoin Mining Could Help Reduce Methane Emissions
A paper in the Journal of Cleaner Production suggests Bitcoin mining can reduce methane emissions by using landfill gas-to-energy systems.
5️⃣ Elon Musk's X Reportedly Banned in Brazil Following Judge's Ruling
Brazil's Supreme Court has banned Elon Musk's platform X due to its failure to remove accounts spreading disinformation. The ban affects the entire country, with fines for VPN use to bypass it.
⚡️ News Flash - 29 Aug 2024 !
1️⃣ Trump Continues to Tease New Crypto Project, But Details Remain Vague
Former President Donald Trump teased his upcoming cryptocurrency project, World Liberty Financial, promising more details later today. He reiterated his goal to make the U.S. a global crypto hub, echoing remarks from his July speech at the Bitcoin 2024 conference.
2️⃣ Millions Lost as Mbappé's Hacked Account Promotes $460M Crypto Scam
Kylian Mbappé's X account was hacked on Aug. 29, leading to a fake crypto scheme that cost traders millions. One person lost over $1 million in Solana tokens.
3️⃣ CFTC Fines Nasdaq Futures, Inc. $22 Million for Core Principle Violations and Misleading Disclosures
The CFTC fined Nasdaq Futures, Inc. $22 million for failing to properly manage and disclose an incentive program, and for making false statements to the CFTC. The violations involved misleading the CFTC and not complying with required regulations.
4️⃣ Indian Court Orders Takedown of Scam Websites Impersonating Crypto Exchange Mudrex
Mudrex won a Delhi High Court order on Aug. 23 to shut down 38 scam websites impersonating the exchange. Scammers defrauded about 1,000 investors, causing over $50,000 in losses. The Ministry of Communication has a week to act on the order.
5️⃣ CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
Haru Invest CEO Hyung-soo Lee was stabbed in court on Aug. 28. The attacker has been arrested. Lee's injuries are not life-threatening.