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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.
🔔 Andreessen Horowitz Joins Tech VCs in Supporting Trump !
Marc Andreessen and Ben Horowitz of Andreessen Horowitz are reportedly planning personal contributions to Donald Trump's presidential campaign, aligning with other tech investors supporting the Republican candidate.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-07-16/andreessen-horowitz-latest-tech-vcs-to-throw-support-to-trump
🔔 Sonic Labs and Rabby Wallet Unveil Gas-Free Trading Initiative !
The Fantom Foundation and Sonic Labs have partnered with Rabby to launch the Gas-Free Trading Program on July 22. The program will cover gas fees for up to 10 DEX transactions per user for 90 days, targeting new or inactive wallets. Over 22,700 FTM will sponsor trades on major DEXs like SushiSwap and SpookySwap. The program runs until October 20 or until funds are exhausted.
▶️ Check More Details Here:
https://blog.fantom.foundation/sonic-labs-and-rabby-wallet-introduce-gas-free-trading-program/
🔔 Craig Wright Faces Potential Perjury Charges Over Bitcoin Claims !
Craig Wright, who claimed to be Bitcoin inventor Satoshi Nakamoto, faces potential perjury charges after a judge referred his case to the Crown Prosecution Service (CPS). The referral follows a court ruling that found Wright had lied extensively in the Crypto Open Patent Alliance (COPA) case seeking to confirm his identity as Satoshi Nakamoto.
▶️ Check More Details Here:
https://www.reuters.com/technology/self-proclaimed-bitcoin-inventor-referred-uk-prosecutors-alleged-perjury-2024-07-16/
⚡️ News Flash - 15 Jul 2024 !
1️⃣ North Korean Hackers Transferred Stolen Crypto to Wallet Linked to Asian Payment Firm
Huione Pay, a Cambodian currency exchange, unknowingly received over $150,000 in stolen crypto from North Korean hackers Lazarus between June 2022 and February 2023, according to Reuters. The National Bank of Cambodia stated the company is not authorized to trade crypto and may face corrective actions.
2️⃣ BlackRock CEO Larry Fink Labels Bitcoin a 'Legitimate Financial Instrument'
BlackRock CEO Larry Fink, once a crypto skeptic, now likens Bitcoin to digital gold. BlackRock’s IBIT is the largest spot Bitcoin ETF, and its BUIDL fund has surpassed $500M, the highest-valued tokenized treasury fund. Fink sees Bitcoin as a hedge against currency debasement.
3️⃣ Report: North Korean Hackers Infiltrate Crypto Companies Using Fake Job Postings
North Korean hackers are infiltrating crypto job postings to access sensitive company information, resulting in over $3 billion in crypto losses, according to DL News. Security expert Taylor Monahan highlights their use of social engineering in these attacks.
4️⃣ Filipino Artist’s X Account Hacked to Promote XRP Scam Online
Several YouTube accounts of Filipino musicians like Ben&Ben, SB19, and Rico Blanco were hacked on July 15 to promote an XRP scam. The hackers used deepfake videos of Ripple CEO Brad Garlinghouse falsely predicting XRP could reach $4, leading viewers to phishing sites.
5️⃣ Philip Gradwell Joins Tether as Head of Economics
Tether appointed Philip Gradwell, formerly of Chainalysis, as Head of Economics to analyze and communicate USDT's economic impact and regulatory relevance.
🔔 Bitcoin Price Surpasses $63,500, Hits Daily High of $63,703 on Binance !
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🔔 Phishing Scammer Returns $9.3M DAI to Victim 10 Months Later !
A phishing scammer returned $9.3 million to a victim after stealing $24 million last September. The funds were returned in two Dai stablecoin transactions on July 8 and July 13. Despite the partial refund, the victim still lost a significant amount, as it represents only 38.4% of the stolen funds' value at the time.
▶️ Check More Details Here:
https://etherscan.io/address/0x13e382dfe53207e9ce2eeeab330f69da2794179e#tokentxns
🔔 Following Settlement with KeyFi Founder Jason Stone, Celsius to Liquidate Tokens and Hundreds of NFTs !
Celsius has settled its legal dispute with KeyFi and its founder, Jason Stone. As part of the agreement, KeyFi will transfer tokens and hundreds of NFTs, including CryptoPunks and Fidenzas, to Celsius. These assets will be liquidated over the next 12 months in exchange for up to $800,000 and a rare NFT.
▶️ Check More Details Here:
https://www.theblock.co/post/305197/celsius-to-liquidate-tokens-hundreds-of-nfts-following-settlement-with-keyfi-founder-jason-stone
🔔 Skild AI Raises $300M from Jeff Bezos and Softbank for 'Robot Brain' Development !
Skild AI, a Carnegie Mellon spinout, raised $300 million in a Series A round at a $1.5 billion valuation. The funding was led by Lightspeed Venture Partners, Coatue, SoftBank, and Jeff Bezos, with participation from other major investors. Skild AI focuses on developing a "general-purpose brain" for machines and robotics.
▶️ Check More Details Here:
https://twitter.com/WPXI/status/1811400129762455798
🔔 Alexey Pertsev, Tornado Cash Developer, Denied Bail Ahead of Appeal !
Alexey Pertsev, developer of Tornado Cash, was denied bail for the third time while appealing money laundering charges. He was sentenced to over five years for allegedly laundering $1.2 billion. The court also denied his request for computer access to prepare his defense, despite objections from his lawyers. JusticeDAO called the ruling a "gross miscarriage of justice."
▶️ Check More Details Here:
https://www.dlnews.com/articles/regulation/dutch-court-rejects-bail-for-tornado-cash-dev-alexey-pertsev/
🔔 Nigeria’s SEC Urged to Classify Bitcoin and Ether as Commodities !
Nigerian stakeholders urge the SEC to classify Bitcoin and Ether as commodities, following a recent Illinois court ruling. Lucky Uwakwe, chair of the Blockchain Industry Coordinating Committee of Nigeria, emphasized the need for clear guidelines to define crypto assets and their regulatory requirements.
▶️ Check More Details Here:
https://cointelegraph.com/news/nigerian-sec-urged-to-classify-bitcoin-ether-as-commodities
⚡️ News Flash - 7 Jul 2024 !
1️⃣ SEC Closes Investigation into Bitcoin Stacks Developer Hiro — Filing
The U.S. SEC dropped its investigation into Hiro Systems, developer of Bitcoin's Stacks layer-2 blockchain, which raised $70 million in token sales. Formerly Blockstack, Hiro argued in 2021 that the blockchain's decentralization made treating STX tokens as securities unnecessary.
2️⃣ Mark Cuban Urges SEC to Dismiss Chairman Gary Gensler
Mark Cuban urges the SEC to remove Chairman Gary Gensler, following a meeting with a senior Biden advisor and crypto leaders on regulatory issues.
3️⃣ ZAP Protocol Hits $100 Million Valuation After Recent Funding Round
ZAP, a token distribution protocol on Ethereum Layer 2 network Blast, raised $15.1 million through seed, private, and ongoing vault sales. Investors include Rarestone Capital, Cypher Capital, and others, with a current valuation around $100 million.
4️⃣ Genesis-Labeled Address Moves $720M in BTC to Coinbase, Suggesting Asset Liquidation Begin
A Genesis Trading-associated wallet transferred nearly $720 million worth of Bitcoin to Coinbase in the past month, totaling over 12,600 BTC. The wallet now holds 33,356 BTC, down from 46,000 BTC a month ago.
5️⃣ Partior, Backed by JPMorgan and Standard Chartered, Raises $60 Million for Blockchain Payment Network
Fintech company Partior has raised over $60 million in a Series B round led by Peak XV Partners. The funding will support the development of ledger-based interbank rails for real-time clearing and settlement.
🔔 Elon Musk’s X Faces Potential $200M EU Fines for Alleged DSA Violations !
The EU has preliminarily found Elon Musk's X.com in breach of the Digital Services Act (DSA) for issues related to dark patterns, advertising transparency, and data access for researchers. X faces potential fines of up to 6% of its global annual turnover. The investigation began in December 2023, and X has the right to defend against these findings.
▶️ Check More Details Here:
https://ec.europa.eu/commission/presscorner/detail/en/ip_24_3761
🔔 German Government Begins BTC Sale, Transfers 1,200 BTC to Exchanges and 1,500 BTC to Various Addresses !
On July 12, the German government began selling Bitcoin. At 07:02 UTC, it transferred 1,200 BTC to Bitstamp, Kraken, and Coinbase (400 BTC each), 1,000 BTC to the suspected B2C2 Group, and 500 BTC to an unmarked address.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/entity/germany
🔔 Analyst Predicts Bitcoin Price to Reach $330K During Current Bull Cycle !
Arsen believes institutional investors have accumulated Bitcoin during its recent correction, suggesting long-term bullish sentiment. Despite a recent 23% dip from its peak, he predicts Bitcoin could reach $330,000 this cycle based on historical patterns.
▶️ Check More Details Here:
https://x.com/satoshibaggins/status/1810986413435097412
🔔 BitcoinBlack Partnership Introduces Crypto Payments for Telehealth and Prescription Services !
BitcoinBlack has acquired Ask the Doctor, integrating telemedicine services into its cryptocurrency payment ecosystem. This allows cardholders to use cryptocurrency for doctor visits and prescriptions via BitcoinBlack's mobile app.
▶️ Check More Details Here:
https://www.prweb.com/releases/bitcoinblack-acquires-telemedicine-platform-ask-the-doctor-302193311.html
🔔 Deribit Set to Introduce Bitcoin and Ether Options for US Election Bets !
Deribit is launching bitcoin and ether options expiring on November 8 to let investors bet on the U.S. election's impact on crypto. Available from July 18, this move follows client demand. Deribit is a leading crypto derivatives platform with significant market share.
▶️ Check More Details Here:
https://x.com/DeribitExchange/status/1813228883409273046
🚨 LI.FI Suffers Estimated $9 Million Loss in Exploit !
LI.FI, a cross-chain blockchain protocol, has been exploited, with the team urging users to avoid LI.FI applications and revoke permissions using revoke.cash. The issue affects users who manually set certain features. The root cause is an arbitrary call to a gas contract deployed five days ago.
▶️ Check More Details Here:
https://twitter.com/lifiprotocol/status/1813207291778215955
🔔 Metaplanet Acquires Additional $1.2M in Bitcoin as Price Rebounds Toward $65K !
Metaplanet has purchased an additional 21.88 Bitcoin, worth over $1.2 million, amid a recent rally pushing prices near $65,000. Their holdings now total 225.6 Bitcoin, valued at $14.6 million. This acquisition and Bitcoin’s 4.4% price rise have boosted Metaplanet's share prices by 25.8% to $0.74 on the Tokyo Stock Exchange.
▶️ Check More Details Here:
https://contents.xj-storage.jp/xcontents/33500/52b6cdc8/db89/45d1/98ba/32c2ca7c9907/140120240711548046.pdf
🔔 JUST IN: SEC Requests Ethereum ETFs Final S-1s for Potential Tuesday Launch !
The SEC has reportedly contacted issuers, requesting finalized Ethereum ETFs S-1 filings by Wednesday, including fees. They aim for effectiveness by Monday after closing, potentially launching by Tuesday, July 23, pending any unforeseen issues.
▶️ Check More Details Here:
https://twitter.com/EricBalchunas/status/1812930206933655759
🔔 According to CoinShares $1.4 Billion in Net Inflows for Crypto Investment Products Last Week !
Global crypto investment products saw net inflows of $1.44 billion last week, according to CoinShares. This marks one of the largest weekly net inflows and brings the year-to-date total to a record $17.8 billion, surpassing the $10.6 billion net inflows from the 2021 bull run.
▶️ Check More Details Here:
https://blog.coinshares.com/volume-191-digital-asset-fund-flows-weekly-report-78ab8a02059e
🔔 JUST IN: Bitcoin Surpasses $62,000, Hits Daily High of $62,500 !
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🔔 Report: Trump in 'Good Spirits' and Set to Attend Nashville BTC Conference !
Former President Donald Trump intends to speak at the Bitcoin Conference in Nashville, Tennessee, despite surviving an assassination attempt in Pennsylvania on July 13. David Bailey, CEO of Bitcoin Magazine, confirmed Trump's plans, noting that he had spoken with Trump's team and that the former president is "in good spirits."
▶️ Check More Details Here:
https://x.com/DavidFBailey/status/1812513932503855196
🔔 Bitcoin Rises Amid Speculation Trump Shooting Increases Re-Election Odds !
Bitcoin's price surged after a shooting at a Donald Trump rally in Pennsylvania. Trump, shot in the right ear, is reportedly fine and plans to attend the Republican National Convention. The incident has increased his election chances, according to PredictIt data, with images of a defiant Trump trending widely.
▶️ Check More Details Here:
https://fortune.com/crypto/2024/07/13/bitcoin-price-donald-trump-shooting-assassination-attempt-campaign-reelection-odds/
🔔 CoinStats Reports $2.2 Million in Crypto Stolen in June Hack by 'Sophisticated Attacker' !
CoinStats revealed that a June security breach led to the theft of $2.2 million in cryptocurrency from 1,590 wallets by a sophisticated attacker, possibly linked to the Lazarus Group. The company has since rebuilt its platform and hired new auditors. Users are advised to beware of potential phishing attacks.
▶️ Check More Details Here:
https://coinstats.app/blog/security-incident-report/
🔔 Bitcoin Spot ETFs See $310 Million Net Inflow on July 12, Marking Six Consecutive Days of Inflows !
On July 12, Bitcoin spot ETFs saw a total net inflow of $310 million, continuing a six-day streak of net inflows. Grayscale's ETF (GBTC) had a single-day inflow of $23 million, BlackRock's ETF (IBIT) saw an inflow of $120 million, and Fidelity's ETF (FBTC) received $115 million in a single day.
▶️ Check More Details Here:
https://sosovalue.com/assets/etf/us-btc-spot
🔔 BREAKING: German Government Sent Entire Bitcoin Holdings, now stand at 0 BTC !
The German government recently transferred 3,846.05 BTC ($223.81M) to Kraken, 139Po (possibly for institutional deposit or OTC services). Their BTC holdings now stand at 0 ($0.00M).
▶️ Check More Details Here:
https://twitter.com/ArkhamIntel/status/1811830991708639719
🔔 Gnosis Chain Implements Shutter's Encryption to Address MEV Issues !
Gnosis Chain and blockchain project Shutter have collaborated to introduce fully embedded encryption technology. This integration aims to enhance censorship resistance and prevent maximal extractable value (MEV) on the Ethereum sidechain.
▶️ Check More Details Here:
https://blog.shutter.network/shutterized-gnosis-chain-is-now-live/
🔔 US Senators Reach Agreement to Ban Lawmaker Stock Trading !
A bipartisan group of U.S. senators is pushing to ban stock trading by Congress members, the President, and the Vice President. The proposed amendment includes an immediate trading ban, divestment of covered assets by 2027, and increased penalties for disclosure violations. Senator Josh Hawley stressed that Congress should serve the public, not profit from insider information.
▶️ Check More Details Here:
https://www.hawley.senate.gov/hawley-peters-merkley-ossoff-announce-first-ever-bipartisan-agreement-to-advance-bill-barring-congress-members-from-stock-trading/
🔔 Bahamians Face Mandatory Adoption of CBDCs Despite Initial Resistance !
The Bahamian government is moving to enforce the distribution of its central bank digital currency (CBDC), known as the Sand Dollar, despite low adoption rates. Initially using incentives, such as rebates and discounts, failed to boost usage, leading to regulatory measures forcing commercial banks to distribute the CBDC.
▶️ Check More Details Here:
https://cointelegraph.com/news/bahamians-didnt-want-cbdcs-so-now-being-forced
🔔 SEC Drops Investigation into BUSD Stablecoin After Paxos Probe !
The SEC will not recommend enforcement against Paxos following its probe into the Binance USD (BUSD) stablecoin. Paxos received a formal termination notice on July 9. Paxos believes this will boost stablecoin adoption. The SEC had previously issued a notice to Paxos and sued Binance, claiming BUSD was a security.
▶️ Check More Details Here:
https://fortune.com/crypto/2024/07/11/sec-busd-gary-gensler-paxos-stablecoin-binance/