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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.
🔔 Uniswap Launches Permissionless Bridging Across Nine Networks !
Uniswap Labs has launched permissionless bridging on nine networks, including Ethereum, Arbitrum, and Polygon, via its interface and wallet. Powered by Across Protocol, the feature simplifies cross-chain asset transfers.
▶️ Check More Details Here:
https://blog.uniswap.org/permissionless-bridging-is-now-live
⚡️ News Flash - 22 Oct 2024 !
1️⃣ SEC Chair Celebrates Bitcoin's White Paper Anniversary, Wishing It a "Sweet Sixteen"
SEC Chair Gary Gensler emphasized investor protection in crypto regulation and avoided commenting on Trump’s pledge to fire him if reelected. He also noted Bitcoin's 16th anniversary.
2️⃣ Notcoin Founder Comments on Binance and Others Competing in Telegram Games Market
Sasha Plotvinov, the founder of Notcoin, suggests that companies are increasingly creating games on Telegram due to the low customer acquisition costs. He estimates that successful Telegram games could onboard users for under $1 each.
3️⃣ Tether CEO Ardoino Anticipates U.S. Will Catch Up in Crypto Regulation
Tether CEO Paolo Ardoino called for sensible U.S. crypto regulations at DC Fintech Week, emphasizing user protection and global financial support. He highlighted Tether's cooperation with law enforcement and resilience during redemptions.
4️⃣ Raydium Surpasses Ethereum in 24-Hour Fee Revenues
On October 21, Raydium, a Solana-based DEX, surpassed Ethereum in daily revenue, earning $3.4 million compared to Ethereum's $3.35 million. Ethereum's earnings have declined since its March Dencun upgrade, which reduced transaction fees by 95%.
5️⃣ Magic Eden Expands Support to BeraChain and ApeChain, Aims to Include Monad
Magic Eden has added BeraChain and ApeChain as its eighth and ninth supported blockchains, aiming to include the Layer 1 network Monad after its testnet launch by year-end.
🔔 Former Mine Digital CEO Accused of Stealing $1.5M from Bitcoiner, According to Regulator !
Former Mine Digital CEO Grant Colthup faces a fraud charge for allegedly stealing $1.47 million from a customer who intended to swap the funds for Bitcoin. ASIC claims Colthup misused the money to cover company liabilities or for other purposes. The case was heard in Ipswich, Australia, with a follow-up scheduled for Dec. 16, 2024.
▶️ Check More Details Here:
https://x.com/asicmedia/status/1848510390486900809
🔔 Transak Reports Data Breach Impacting Nearly 100,000 Users, Stormous Ransomware Group Claims Responsibility !
Transak suffered a data breach affecting 1.14% of its users, exposing personal information via a phishing attack. No financial data was compromised, and the Stormous ransomware group claimed responsibility. Transak is working with authorities and notifying impacted users.
▶️ Check More Details Here:
https://transak.com/blog/transak-security-incident-oct-2024
🚨 EigenLayer's X Account Compromised, Posts Malicious Airdrop Link !
EigenLayer's X account was compromised on Oct. 18, posting a fake airdrop campaign. The fraudulent airdrop redirected users to a malicious link unrelated to the protocol.
🔔 Trump PAC Collects Around $7.5 Million in Cryptocurrency Donations Since Early June !
A political action committee supporting former President Donald Trump has raised approximately $7.5 million in cryptocurrencies. Donations to the Trump 47 joint fundraising committee included bitcoin, ether, XRP, and stablecoins tether and USDC, according to a Federal Election Commission filing.
▶️ Check More Details Here:
https://www.cnbc.com/2024/10/15/trump-pac-has-raised-about-7point5-million-in-crypto-donations.html
🔔 SEC Reaches Settlement with Trading Firm Over $4M 'AI-Washing' Case !
Rimar Capital LLC, its CEO Itai Liptz, and board member Clifford Boro settled SEC fraud charges for misleading investors about AI-driven trading capabilities, raising $3.73 million. They paid a $310,000 penalty without admitting or denying the allegations.
▶️ Check More Details Here:
https://x.com/SECGov/status/1844495679793561791
🔔 Ethereum Foundation-Linked Wallet Deposits 2,500 ETH to Bitstamp, Originally Received 51,251 ETH in 2015 !
A wallet linked to the Ethereum Foundation deposited 2,500 ETH (about $6.06 million) to Bitstamp, according to Lookonchain. The wallet initially received 51,251 ETH from the foundation in November 2015, which was worth $51,200 at the time and is now valued at $124.5 million.
▶️ Check More Details Here:
https://x.com/lookonchain/status/1843581418456383717
🔔 ZachXBT Accuses Crypto Influencer Ansem of Memecoin "Pump and Dump" Scheme !
ZachXBT has accused crypto influencer Ansem of running "pump and dump" schemes involving memecoins. Ansem allegedly promoted numerous low-cap memecoins, many of which, like BODEN, HOBBES, ZEUS, and WYNN, have lost up to 99% of their value after being promoted to his 507K followers.
▶️ Check More Details Here:
https://x.com/zachxbt/status/1842618673174814970
⚡️ News Flash - 03 Oct 2024 !
1️⃣ Bitcoin Dominance Approaches 3-Year High Amid Altcoin Weakness; Aptos Surges While SUI Declines
Bitcoin hovered around $60,700, up 1%, while altcoins fell. Aptos rose 7% after Franklin Templeton's blockchain move. Bitcoin dominance hit 58%.
2️⃣ Chainalysis CEO Steps Down for 'Personal Issue' After 10 Years of Service
Michael Gronager, CEO of Chainalysis, has stepped back from his role for personal reasons, according to a company spokesperson. Sari Granat, the firm's president and COO, is serving as interim CEO. It remains uncertain if or when Gronager will return.
3️⃣ PayPal Completes First Business Transaction Using PYUSD Stablecoin: Bloomberg
PayPal completed its first business transaction using its PYUSD stablecoin by paying an invoice to Ernst & Young, showcasing the stablecoin's potential for seamless commercial transactions.
4️⃣ Binance Derivatives Market Share Drops to 2020 Levels Amid Decline in CEX Trading
Binance saw a 21% drop in derivatives trading volume to $1.25 trillion in September, the lowest since October 2023. Spot trading fell 22.9% to $344 billion, reducing its market share to 27%. Overall, Binance's market share fell to 36.6%, the lowest since September 2020, but it remains the leader in global spot trading.
5️⃣ Ethereum FUD Resurfaces as ICO Whale Sells Additional $47 Million
Ethereum prices are falling as a whale from the 2014 ICO sold 19,000 ETH for about $47.5 million in two days. The selling started in late September when over 12,000 ETH was moved to Kraken. Originally acquiring 150,000 ETH, the whale’s total stash is now valued at nearly $400 million.
🔔 Crypto Billionaire Zhao Pledges Increased Tech Investments After Release from U.S. Custody !
Changpeng Zhao, after his release from U.S. custody, pledged to continue investing in blockchain, AI, and biotechnology, emphasizing his focus on impact over returns.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-09-30/crypto-mogul-zhao-vows-more-tech-investment-after-leaving-us-custody
⚡️ News Flash - 26 Sep 2024 !
1️⃣ Bitcoin ETF Demand Rises Among U.S. Investors as China Weighs $142 Billion Capital Injection
Bitcoin traded above $63,000, up 2% this week, supported by positive inflows into ETFs. Asian stocks surged as China considered a $142 billion capital injection into state banks.
2️⃣ South Korea Fines Worldcoin and Tools For Humanity for Violating Data Privacy Laws
South Korea fined Worldcoin $830,000 for improper data handling, including iris scans and overseas transfers, without proper user notification.
3️⃣ Singapore Court Approves Four-Month Conditional Moratorium for WazirX
A Singapore court granted Indian crypto exchange WazirX a four-month moratorium after a $234 million hack, imposing conditions like disclosing wallet addresses and financial records. Customers may not recover their losses.
4️⃣ Coinbase-Backed Truflation Confirms Hack Estimated at Approximately $5 Million
Truflation, a blockchain inflation data platform, confirmed a malware attack resulting in losses of up to $5.2 million. The team is monitoring the situation, collaborating with law enforcement, and seeking to negotiate with the hacker while offering rewards for white hat help.
5️⃣ SEC Delays Decision on Spot Ethereum ETF Proposals from BlackRock and Bitwise
The SEC has postponed its decision on Nasdaq's proposed options for BlackRock and Bitwise's spot Ethereum ETFs to November 10. A similar delay for NYSE American's proposal is set for November 11.
⚡️ News Flash - 23 Sep 2024 !
1️⃣ Celestia Foundation Secures $100 Million in Funding Round Led by Bain Capital Crypto
Celestia Foundation raised $100 million to support its modular blockchain network, which helps other blockchains scale by offloading data. It plans to scale to 1-gigabyte blocks.
2️⃣ Telegram to Share User Data with Authorities Following CEO's Arrest in Crime Crackdown
Telegram will now share user details with authorities if rules are violated, following CEO Pavel Durov's arrest. The platform also updated its terms to block searches for illegal content.
3️⃣ $80 Million Crypto Fund Backed by Bill Ackman Shuts Down After Forbes 30 Under 30 Founder Disappears in China
David Gan, founder of Inception Capital (formerly OP Crypto), faced a crisis after his father's investigation caused a month-long disappearance. The firm is now in a controlled wind-down, planning to unveil a new investment strategy in October amid staff cuts and uncertainty about its remaining capital.
4️⃣ OpenSea Users Assert NFTs Are Securities in Proposed Class Action Lawsuit
Two users have filed a class-action lawsuit against OpenSea, claiming it sells unregistered securities. They argue that the NFTs they bought, including from the Bored Ape Yacht Club, are worthless due to their illegal nature, citing a recent SEC Wells notice as evidence.
5️⃣ Bittensor's TAO Sparks AI Token Rally with 56% Surge Amid Market Recovery
The GMAI index, tracking top AI tokens, surged over 30% last week, while the GM30 index rose 9.8%. Bittensor's TAO token jumped 56%, with FET and RENDER increasing by 20% and 14%, respectively.
⚡️ News Flash - 21 Sep 2024 !
1️⃣ Coinbase Unveils Plan to Launch cbBTC on Solana Network
Coinbase plans to launch its cbBTC token on the Solana blockchain, following its debut on Ethereum and Base. The token, backed 1:1 by bitcoin, aims to provide liquidity for DeFi protocols. No launch date for Solana has been given yet.
2️⃣ Indian Supreme Court Recovers YouTube Account Hijacked by XRP Scammers
The Supreme Court of India recovered its YouTube account after it was hijacked by scammers promoting fake XRP investments. The account was rebranded and used for a livestream, but YouTube swiftly took it down, and it has since been restored.
3️⃣ Plume Network Announces Tokenization of Over $1 Billion in Real-World Assets
Plume Network plans to tokenize $1.25 billion in assets like solar farms and Medicaid claims, offering yield to investors, with a goal of eventually reaching $3 billion.
4️⃣ Shezmu, a Crypto Lender, Successfully Recovers Hacked Funds Through Negotiations
Shezmu recovered nearly $5 million after negotiating with a hacker who exploited its stablecoin vault, offering a 20% bounty. Some funds are still missing, and users are advised to avoid the Oasis vault for now.
5️⃣ Bank of Canada Rejects Retail CBDC Amid Shift in Priorities
The Bank of Canada is scaling back its research on a retail CBDC and shifting focus to broader payment system issues, while continuing to explore wholesale CBDCs.
🔔 Japan Delays Crypto ETF Approvals, Upholds Strict Tax and Regulatory Policies !
Japan’s regulators are hesitant to approve cryptocurrency ETFs, despite global momentum. Advocacy groups push for adoption, but tax and regulatory barriers persist. Entrepreneur Mario Nawfal called Japan's stance “still in HODL mode.”
▶️ Check More Details Here:
https://x.com/RoundtableSpace/status/1848941539319300237
🔔 Michael Saylor Announces Plans to Give Away His Bitcoin, Following in Satoshi Nakamoto's Footsteps !
Michael Saylor, co-founder of MicroStrategy, plans to leave his wealth to humanity, inspired by Bitcoin creator Satoshi Nakamoto. In an interview, he described Bitcoin as "immortal money" and essential for the future economy, contrasting it with traditional currencies, which he views as fragile and degrading over time.
▶️ Check More Details Here:
https://youtu.be/DevkAbG1mGc?t=3506
⚡️ News Flash - 21 Oct 2024 !
1️⃣ Indian National Sentenced to 60 Months for Stealing $20M in Crypto from Coinbase Users
Chirag Tomar was sentenced to 60 months in prison for stealing over $20 million from Coinbase users by creating a fake website to collect login details. He used the stolen funds to buy luxury items and was arrested in 2022 on charges of wire fraud and money laundering.
2️⃣ Billionaire Ripple Founder Donates Over $11.8 Million to Harris Campaign
Chris Larsen, co-founder and chairman of Ripple, has contributed over $11.8 million to PACs supporting Vice President Kamala Harris’ presidential campaign, according to FEC data. This includes $9.9 million to Future Forward in September and more than $800,000 to the Harris Victory Fund.
3️⃣ AI Scam Targets Ripple Holders as Memecoin Trader Suffers Total Loss: Crypto-sec
A new AI scam targets XRP holders with a fake video of Ripple's Chris Larsen, promising to double XRP holdings. It directs victims to a fraudulent website, leading to lost funds.
4️⃣ Stripe Enters $1.1 Billion Agreement to Acquire Stablecoin Platform Bridge
Stripe has acquired stablecoin platform Bridge, with CEO Patrick Collison confirming the deal, reportedly valued at $1.1 billion. The acquisition, pending regulatory approval, aims to enhance Stripe's stablecoin infrastructure. Bridge enables businesses to accept stablecoin payments but does not issue them.
5️⃣ Donald Trump Serves Fries at McDonald's Five Days After Crypto Launch Flop
After the disappointing launch of his crypto project, Donald Trump staged a publicity stunt at a Pennsylvania McDonald's, serving fries and mocking Kamala Harris's past claims of working there. The event was tightly controlled, with the restaurant closed and customers screened by the Secret Service.
🔔 SEC Approves NYSE and Cboe to List Multiple Spot Bitcoin ETFs After Recent Nasdaq Approval !
The U.S. SEC has approved the NYSE and Cboe to list multiple spot Bitcoin ETFs, including funds from Fidelity, ARK21Shares, Invesco, Franklin, VanEck, WisdomTree, Grayscale, Bitwise, and Valkyrie. A similar approval was recently granted for Nasdaq.
▶️ Check More Details Here:
https://www.theblock.co/post/322083/sec-gives-nyse-the-go-ahead-to-list-options-trading-for-multiple-spot-bitcoin-etfs
🚨 Ambient Finance Website Hacked, Team Urges Users to Hold Off Until Issue Is Resolved !
Ambient Finance's website was compromised on Oct. 17, and users were warned not to interact with it. Contracts and funds remain safe, and the domain has been recovered. The attack involved Inferno Drainer malware.
▶️ Check More Details Here:
https://x.com/blockaid_/status/1846854677356229111
🔔 Scientists Use Quantum Computer to Break Cryptographic Algorithms: SCMP !
Chinese researchers claim to have used a quantum computer to breach encryption algorithms used in banking and cryptocurrency, potentially threatening standards like AES-256. They utilized quantum annealing techniques on foundational encryption algorithms, but current limitations prevent a full-scale quantum hack.
▶️ Check More Details Here:
https://www.scmp.com/news/china/science/article/3282051/chinese-scientists-hack-military-grade-encryption-quantum-computer-paper
🔔 Optimism Launches Airdrop #5, Distributes 10M+ OP to 54K Addresses !
Optimism has announced Airdrop #5, allocating over 10 million OP tokens to more than 54,000 unique addresses. Approximately 550 million OP tokens remain available for future airdrops.
▶️ Check More Details Here:
https://x.com/Optimism/status/1844066394440417398
🔔 Bankrupt FTX Crypto Exchange Granted Approval to Begin Repaying Customers !
FTX has received court approval to fully repay customers after its 2022 collapse, with recoveries potentially reaching $16.5 billion. Repayments will be in cash, and preferred shareholders may receive a portion of seized funds. Payments will begin once a distribution trust is established.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-10-07/ftx-clear-to-repay-customers-as-firms-seek-slice-of-1-billion
⚡️ News Flash - 04 Oct 2024 !
1️⃣ Hong Kong Approves HKVAX as the Third Licensed Retail Crypto Exchange
HKVAX became the third exchange licensed in Hong Kong to offer crypto services, focusing on security token offerings and real-world asset tokenization.
2️⃣ HBO Joins Search for Bitcoin's Satoshi, Despite Previous Unsuccessful Attempts
HBO's upcoming documentary Money Electric: the Bitcoin Mystery claims to reveal the true identity of Bitcoin's creator, Satoshi Nakamoto.
3️⃣ Coinbase to Delist Non-Compliant Stablecoins in EU After MiCA Guidelines Take Effect
Coinbase will delist non-compliant stablecoins in the EU by December 30, 2024, to comply with the Markets in Crypto Assets regulations. Tether has not yet obtained the required e-money license.
4️⃣ Crypto Phishing Scams Result in $46 Million Losses in September
In Q3 2024, over $127 million in cryptocurrencies were stolen, with about $46 million lost in September. Scam Sniffer reported around 10,800 victims of phishing attacks that month, including a significant loss of $32.43 million from a single incident on Sept. 28 involving 12,083 spWETH.
5️⃣ U.S. and SEC Support Class-Action Lawsuit Against Nvidia in Supreme Court
The U.S. Justice Department and SEC have asked the Supreme Court to revive a class-action lawsuit against Nvidia, alleging the company misled investors about sales to crypto miners. They argue the suit has sufficient details to proceed and is vital for regulating securities-related cases. The legal dispute dates back to 2018.
⚡️ News Flash - 02 Oct 2024 !
1️⃣ Indiana Man Pleads Guilty to Stealing $38 Million in Cryptocurrency Through 'Cyber Intrusion'
Evan Light, a 21-year-old from Indiana, pleaded guilty to hacking a financial company and stealing $38M in cryptocurrency. He faces up to 40 years in prison for wire fraud and money laundering.
2️⃣ FTX Estate Plans to Sell $38 Million in Locked Worldcoin Tokens at a Discount
The FTX estate is auctioning 22.3 million locked Worldcoin (WLD) tokens, valued at $37.7 million, at a 40% to 75% discount. Bids are due Wednesday, with results announced Thursday. The tokens unlock daily through 2028. The estate holds $594 million in assets, primarily in illiquid FTT tokens.
3️⃣ Federal Court Approves Kalshi to List Election Betting Contracts, Rejects CFTC's Motion
A U.S. judge ruled that the CFTC failed to prove the public would suffer without a stay in its lawsuit against Kalshi, which the CFTC claims cannot offer congressional control contracts.
4️⃣ Bitwise Officially Files Plans for XRP ETF with SEC
Bitwise has filed an S-1 form with the SEC to launch an exchange-traded fund (ETF) linked to XRP, the cryptocurrency associated with Ripple. CEO Hunter Horsley announced the filing, highlighting XRP's enduring appeal to investors.
5️⃣ PayPal Stablecoin PYUSD Launches on MoonPay in All Supported Countries Except Canada
PayPal USD (PYUSD) is now purchasable on MoonPay using major payment methods in all supported countries, except Canada. The stablecoin is fully backed by U.S. dollar deposits and short-term Treasuries.
⚡️ News Flash - 28 Sep 2024 !
1️⃣ Crypto Whale Loses More Than $32 Million in Suspected Phishing Attack
A crypto whale lost $32 million to a malicious transaction linked to the Inferno Drainer scam, which has stolen over $215 million across 28 blockchains.
2️⃣ Cantor Fitzgerald CEO Advocates for Bitcoin to Be Classified as a Commodity Similar to Gold
Cantor Fitzgerald CEO Howard Lutnick urged regulators to classify Bitcoin as a commodity, like gold and oil, during a Fox Business interview on Sept. 27. He called for clearer regulation of the cryptocurrency space.
3️⃣ John Deaton Pledges to Oppose Federal CBDC, Calling It "A Hill to Die On"
John Deaton, U.S. Senate candidate in Massachusetts, opposes a consumer-focused central bank digital currency (CBDC) issued by the Federal Reserve. He emphasized regulatory clarity and government accountability, stating that he is willing to "die on the hill" to oppose such a CBDC.
4️⃣ Crypto Fear & Greed Index Rebounds into Greed Territory
The Crypto Fear & Greed Index hit its highest level since July, recording a score of 64 on September 28, indicating "Greed" as Bitcoin briefly approached $66,000.
5️⃣ Mango DAO and Mango Markets Reach Settlement with SEC Over Unregistered Sale of MNGO Tokens
Mango DAO settled with the SEC for $700,000 over unlawful MNGO token sales and agreed to destroy the tokens, affirming that DAOs are subject to regulatory oversight.
⚡️ News Flash - 27 Sep 2024 !
1️⃣ Ethereum Transaction Fees Soar Amid Increased Blockchain Activity: Coinbase
Ethereum transaction fees have spiked due to increased on-chain activity, says Coinbase. Kraken analysts note Ether's RSI has broken a downtrend since March, indicating a potential bullish momentum shift.
2️⃣ MiCA Poses Risk of Crypto Firms Relocating to Middle East, Warns Regulatory Expert
Europe's MiCA crypto regulations could reduce Web3 firms and raise centralization concerns, pushing companies to the Middle East due to uneven enforcement, says Fideum CEO.
3️⃣ SEC Charges U.K. Citizen in Hacking and Insider Trading Scheme Involving Five U.S. Public Companies
The SEC charged Robert B. Westbrook for hacking U.S. companies to trade on insider info, earning $3.75 million. Despite using VPNs and Bitcoin to hide, investigators uncovered the scheme. He faces civil and criminal charges.
4️⃣ Gensler Warns Crypto Industry Won't Last Without Investor Protections
SEC Chair Gary Gensler stressed that the crypto industry needs investor protections to survive, citing past failures like FTX. He reiterated that most cryptocurrencies are securities, except Bitcoin, which he confirmed is not a security and can be traded through exchange-traded products.
5️⃣ Binance Founder 'CZ' Released from Prison on Friday, Retains $60 Billion Fortune
Changpeng Zhao, or "CZ," will be released from federal custody after a four-month sentence for anti-money laundering violations at Binance. With a net worth of $60 billion, he aims to reconnect with family and focus on philanthropy, while still holding significant influence at Binance as its largest shareholder.
🔔 Caroline Ellison, Ex-Girlfriend of Sam Bankman-Fried, Sentenced to Two Years in Prison !
Caroline Ellison, the former CEO of Alameda Research and associate of FTX founder Sam Bankman-Fried, was sentenced to 24 months in prison for her role in defrauding investors before FTX's collapse. U.S. District Judge Lewis Kaplan also ordered her to forfeit about $7.11 billion and complete three years of supervised release. Ellison had pleaded guilty to multiple charges and agreed to cooperate with prosecutors.
▶️ Check More Details Here:
https://www.foxbusiness.com/business-leaders/sam-bankman-frieds-ex-girlfriend-caroline-ellison-sentenced
🔔 VP Harris to Support Crypto Business and Consumer Protection at Wall Street Fundraiser: Bloomberg !
Vice President Kamala Harris addressed the crypto industry at a Wall Street fundraiser, promoting AI and digital assets as key to her "opportunity economy." She emphasized consumer protection and transparency while leading in election prediction markets ahead of November.
▶️ Check More Details Here:
https://x.com/jeneps/status/1837949775330902498
🔔 JUST IN: SEC Approves Options Trading for BlackRock's Spot Bitcoin ETF !
▶️ Check More Details Here:
https://www.sec.gov/files/rules/sro/ise/2024/34-101128.pdf