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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.
⚡️ 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
⚡️ 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.
🔔 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.
🚨 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.