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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.
🔔 Hacker Gains $600K by Using Truth Terminal Founder’s X Account to Promote Scam Token !
Truth Terminal founder Andy Ayrey’s X account was hacked, promoting a token (IB) that spiked to a $25M market cap. The hacker made $600K before a sell-off dropped the token’s value by 98%. Ayrey suspects a SIM swap attack, though his account remains compromised.
▶️ Check More Details Here:
https://www.theblock.co/post/323422/hacker-exploits-truth-terminal-founders-x-account-nets-600k-by-promoting-a-scam-token
🔔 Sotheby’s VP Allegedly Earned Over $1M from Meme Token BAN, Says Lookonchain !
Sotheby’s VP Michael Bouhanna reportedly earned over $1 million by launching the BAN meme token, despite limited profits from other meme buys, per Lookonchain.
▶️ Check More Details Here:
https://x.com/lookonchain/status/1850429467195486258
🔔 Tether CEO Dismisses WSJ Report on U.S. Investigation and Potential Sanctions !
U.S. investigators are examining Tether's potential role in illicit activities, with possible Treasury sanctions under consideration. Tether CEO Paolo Ardoino denied these claims.
▶️ Check More Details Here:
▪️ WSJ: https://www.wsj.com/finance/currencies/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5
▪️ Tether CEO: https://x.com/paoloardoino/status/1849876338573799912
🔔 Dutch Tax Authority Requests Public Input on Proposed Bill for Crypto Firms to Report User Data !
The Dutch tax authority is consulting on a bill to require crypto firms to report user transaction data, aligning with the EU’s DAC8 directive. Public input is open until Nov. 21, with the law expected in Parliament by mid-2025.
▶️ Check More Details Here:
https://www.rijksoverheid.nl/actueel/nieuws/2024/10/24/internetconsultatie-voor-wetsvoorstel-rapportageverplichting-crypto-aanbieders
🔔 Bitcoin Miner TeraWulf Plans $350 Million Fundraise Through Convertible Notes for Share Buyback !
TeraWulf plans to raise $350 million via convertible notes to fund a $200 million share buyback program, maturing in 2030. The mining firm aims to repurchase shares using excess cash.
▶️ Check More Details Here:
https://investors.terawulf.com/news-events/press-releases/detail/91/terawulf-inc-announces-proposed-private-offering-of-350
🔔 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
🔔 Bhutan Government Sells $66M in Bitcoin as Price Surpasses $71K !
Bhutan’s government has begun selling its Bitcoin holdings as prices surpassed $70,000, transferring over $66 million in BTC to Binance on Oct. 29, according to Arkham Intelligence data.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/entity/druk-holding-investments
🔔 Hong Kong SFC Plans to Create Advisory Panel for Licensed Crypto Exchanges !
Hong Kong’s SFC will form a consultative panel for licensed crypto exchanges in 2024 to shape a roadmap for digital assets and boost regulatory transparency. Announced by SFC Executive Director Eric Yip at Fintech Week, the panel aims to enhance compliance and investor protection.
▶️ Check More Details Here:
https://www.coindesk.com/policy/2024/10/28/hong-kong-sfc-to-establish-consultative-panel-for-licensed-crypto-exchanges/
🔔 Fake Curve Finance App Scams Users, Rises to Top of Global Finance Charts !
A counterfeit app posing as Curve Finance has reached Apple’s top 100 finance apps as of Oct. 26, trending globally despite user warnings. Curve Finance has not yet responded.
▶️ Check More Details Here:
https://x.com/pooniawalla/status/1850059412871971269
🚨 Base Blockchain Exploit Results in $1M Theft, Reports Cyvers Alerts !
An exploit of unverified lending contracts on the Base blockchain led to the theft of around $1 million, reported by Cyvers Alerts on Oct. 25. The attacker manipulated Wrapped Ether (WETH) prices to siphon funds.
▶️ Check More Details Here:
https://x.com/CyversAlerts/status/1849717982194257991
🔔 Binance Executive Departs Nigeria After Authorities Drop Final Charges !
Tigran Gambaryan, Binance's head of financial crime compliance, has left Nigeria after eight months in detention. Authorities dropped money laundering charges, following the earlier dismissal of tax evasion charges in June. His family expressed relief but noted his deteriorating health during the ordeal.
▶️ Check More Details Here:
https://cointelegraph.com/news/binance-tigran-gambaryan-nigeria-authorities-drop-charges
⚡️ News Flash - 24 Oct 2024 !
1️⃣ Uniswap Foundation Announces $1.2M Grant to Areta for Security Fund
The Uniswap Foundation has launched a $1.2M Security Fund to provide developers with subsidized security audits for Uniswap v4 hooks, aiming to enhance safety and lower costs.
2️⃣ Scroll's Token Drops 32% as Whales Accumulate Airdrop
Scroll's governance token, SCR, has plummeted 32% to $0.94 post-launch, amid frustrations over token allocation. Whales received a significant portion of the airdrop, causing concerns about price stability. Total value locked on the platform has also dropped 23% this week.
3️⃣ Arbitrum-Based Crypto Derivatives Trading Protocol Variational Secures $10.3 Million in Seed Funding
Variational, a crypto derivatives protocol on Arbitrum, raised $10.3 million in seed funding led by Bain Capital Crypto and Peak XV Partners. Initially a market maker, Variational pivoted to DeFi and has launched its testnet, preparing for the mainnet.
4️⃣ Chinese Trader Laundered Over $17 Million for Lazarus Group Across 25 Hacks
China-based OTC trader Yicong Wang is accused of laundering tens of millions in stolen crypto for North Korea's Lazarus Group since 2022. Analyst ZachXBT revealed that Wang has been converting stolen assets into cash through bank transfers, including a recent $1.5 million USDT transaction at a below-market rate.
5️⃣ Binance's Gambaryan Cleared to Leave Nigeria After Money Laundering Charges Dropped
Nigeria has dropped money laundering charges against Binance executive Tigran Gambaryan to allow him to seek medical treatment abroad, while continuing its case against Binance.
🔔 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.