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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.
🔔 Bubblemaps: Jason Derulo Sold His JASON Tokens Despite Public Assurances !
Jason Derulo sold thousands of dollars worth of his crypto token JASON despite claims he "WILL NEVER SELL," according to Bubblemaps. The token saw a price pump and dump after Derulo shared it on June 23. Bubblemaps alleges Derulo and co-creator Sahil Arora profited significantly, contradicting Derulo's public statements.
▶️ Check More Details Here:
https://x.com/bubblemaps/status/1805374580501946852
🔔 Louisiana Enacts Crypto Law Safeguarding Node Operators and Prohibiting CBDCs !
Louisiana has amended its legislation to ban central bank digital currencies (CBDCs) and set rules for miners and node operators. Effective August 2024, the law prohibits the state from participating in CBDC tests and mandates that foreign-owned mining companies divest their interests within a year, with penalties for noncompliance up to $1 million or 25% of their stake.
▶️ Check More Details Here:
https://legiscan.com/LA/text/HB488/id/3006883
▶️ JUST IN: Mt. Gox Trustee Announces Bitcoin and Bitcoin Cash Repayments to Begin from July 2024 !
https://www.mtgox.com/img/pdf/20240624_announcement_en.pdf
🔔 Japanese Firm Metaplanet Inc. Plans to Purchase $6.3 Million in Bitcoin via Bond Issuance !
Japanese investment firm Metaplanet Inc.'s stock rose over 12% on Monday after announcing plans to buy 1 billion yen ($6.26 million) worth of bitcoin using funds from an upcoming bond issuance. The bonds, with a 0.5% annual interest rate, will mature on June 25, 2025.
▶️ Check More Details Here:
https://contents.xj-storage.jp/xcontents/33500/be5f5cac/3cbe/445b/9890/15ba01b5994d/140120240620533309.pdf
🔔 MakerDAO Delegate Loses $11M in Tokens to Phishing Scam !
A MakerDAO governance delegate lost $11 million in Aave Ethereum (aEthMK) and Pendle USDe tokens due to a phishing scam. Scam Sniffer detected the incident on June 23, revealing the user had signed multiple phishing signatures, leading to the loss of their assets.
▶️ Check More Details Here:
https://x.com/realScamSniffer/status/1804708942981091516
🔔 Mark Cuban Claims Gmail Hack Following Hoax Call !
Billionaire Mark Cuban lost access to his Gmail account after falling for a hoax call posing as Google support. This follows a recent hack where he lost over $800,000 from his crypto wallet. Cuban warned his followers about emails from his account after the incident.
▶️ Check More Details Here:
https://x.com/mcuban/status/1804662216656114110
🔔 Softbank CEO States Company's Goal is to Create 'Artificial Super Intelligence' !
Masayoshi Son, CEO of Softbank, predicted at the company's annual meeting in Tokyo on June 21 that AI will be one to 10 times smarter than humans by 2030 and 10,000 times smarter by 2035. His comments outlined Softbank's future priorities.
▶️ Check More Details Here:
https://www.cnbc.com/2024/06/21/softbank-ceo-predicts-ai-that-is-10000-times-smarter-than-humans-.html
🔔 Rapper 50 Cent Claims X Account Hacked, Resulting in $300M Rug Pull !
Rapper 50 Cent's X (formerly Twitter) account and website were hacked, leading to a cryptocurrency pump-and-dump scam that defrauded victims of $300 million. Hackers promoted the token "GUNIT" using his large following to inflate its price before crashing it. Jackson confirmed the hack and denied any association with the crypto scheme.
▶️ Check More Details Here:
https://www.instagram.com/50cent/p/C8fW3MrO46P/?hl=en&img_index=1
🔔 Fidelity Reveals $4.7 Million Seed Investment in Ethereum ETF: SEC Filing !
Fidelity has made a $4.7 million seed investment in its spot Ethereum ETF, according to a recent filing. FMR Capital, an affiliate of Fidelity, purchased shares in late May and June. The funds were used to buy 1,250 ether. The filing did not mention fees, aligning with other issuers except Franklin. Bloomberg's Eric Balchunas noted that firms might be waiting for BlackRock to disclose fees before setting their own.
▶️ Check More Details Here:
https://www.sec.gov/Archives/edgar/data/2000046/000119312524165322/d759655ds1a.htm
🔔 FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Scheme !
The UK's Financial Conduct Authority (FCA) announced the arrest of two individuals suspected of running an illegal crypto asset exchange. The operation, allegedly handling over £1 billion ($1.2 billion USD) in unregistered crypto assets, led to raids where multiple digital devices were seized.
▶️ Check More Details Here:
https://www.fca.org.uk/news/press-releases/two-arrests-connected-suspected-illegal-cryptoasset-business
⚡️ News Flash - 20 Jun 2024 !
1️⃣ Kraken CEO Observes Biden Administration's 'Softening' Attitude Toward Crypto
Kraken CEO Dave Ripley noted on CNBC that the Biden Administration's stance on crypto is "softening," citing the bipartisan support for the recently passed Financial Innovation and Technology for the 21st Century Act (FIT21).
2️⃣ Winklevoss Twins Donate $2M to Trump, Accusing Biden of Waging War on Crypto
Gemini co-founders Cameron and Tyler Winklevoss have each pledged $1 million in Bitcoin to former President Donald Trump's reelection campaign, citing his pro-Bitcoin and pro-crypto stance. They criticized President Biden for being anti-crypto and called for the crypto community to support Trump.
3️⃣ German Government Deposits 1,700 BTC ($110.88M) into Coinbase, Kraken, and Bitstamp
The German Government recently transferred 200 BTC to Coinbase, valued at approximately $13.16 million. Yesterday, they also moved 1,500 BTC to Coinbase, Bitstamp, and Kraken.
4️⃣ BitFlyer Eyes Acquisition of FTX Japan, Reports NHK
BitFlyer is set to acquire FTX Japan, with plans to reposition it as a digital asset management or custody firm catering to institutional investors.
5️⃣ HectorDAO Files for Chapter 15 Bankruptcy Protection in the US
HectorDAO filed for Chapter 15 Bankruptcy due to market collapses, hacks, and financial losses, including a $2.7 million treasury hack.
🔔 US CFTC Investigating Jump Trading's Crypto Activities: Fortune !
The Commodity Futures Trading Commission (CFTC) is investigating Chicago-based trading firm Jump's crypto activities. Known for algorithmic trading, Jump faced a series of challenges in the crypto market and has since reduced its efforts, spinning off projects and opting out of the Bitcoin ETF race. Both the CFTC and Jump declined to comment.
▶️ Check More Details Here:
https://fortune.com/crypto/2024/06/20/cftc-jump-crypto-behnam-kanav-kariya-sec/
🔔 LayerZero Introduces New Claiming Mechanism: Proof-of-Donation !
LayerZero is introducing "Proof-of-Donation" instead of airdrops for its ZRO token distribution. Users can claim ZRO by donating $0.10 in USDC, USDT, or native ETH per token to Protocol Guild, supporting Ethereum's core developers. The claim process starts on June 20 at 11:00 am UTC and runs through September 20, with up to $18.5 million in donations expected. LayerZero Foundation will match donations up to $10 million. This approach aims to ensure long-term alignment and commitment to the LayerZero protocol.
▶️ Check More Details Here:
https://info.layerzero.foundation/zro-claim-6e37a81e9c2a
⚡️ News Flash - 19 Jun 2024 !
1️⃣ Jump Crypto Contributes $10M to Industry's Political War Chest, Boosting PAC to $169M
Jump Crypto added $10 million to a pro-crypto PAC, bringing its total to $15 million and the PACs' funding to nearly $169 million. The PACs aim to elect crypto-friendly Congress members. Recent votes on crypto legislation have clarified lawmakers' stances, aiding the PACs' efforts.
2️⃣ Crypto Community Supports Tornado Cash Developers with $2.3M Legal Fund
Following legal charges against Tornado Cash's founders for money laundering and other offenses, the crypto community formed JusticeDAO to support their legal defense. Over 654 Ether (approximately $2.3 million) has been raised via a decentralized fundraiser on Juicebox, with an additional 70 ETH through JusticeDAO's platform.
3️⃣ Bondex, a Crypto-Enabled LinkedIn Alternative, Raises Over $10 Million
Bondex, a web3 alternative to LinkedIn, has raised over $10 million in funding, including investments from Animoca Brands, Morningstar, Dext Force Ventures, iAngels, and others.
4️⃣ Bitwise Amends Ethereum ETF Filing, Pantera Shows Interest in $100M Purchase
Bitwise updated its Form S-1 for a spot Ether ETF, noting Pantera Capital's potential interest in purchasing up to $100 million in shares upon launch.
5️⃣ Iran Plans to Launch Public CBDC Pilot in June
The Central Bank of Iran (CBI) is launching a pilot of its national digital currency, the digital rial, starting June 21 on the island of Kish, targeting domestic micropayments and including banking customers and tourists.
🔔 Kraken Reveals $3 Million Exploit Due to Bug, Now Fixed !
Kraken revealed that nearly $3 million was stolen due to a bug-related exploit, which has now been fixed. The issue stemmed from a flaw in the UX design that allowed attackers to inflate their balances temporarily. No client assets were at risk.
▶️ Check More Details Here:
https://x.com/c7five/status/1803403565865771370
🔔 Jump Crypto President Kanav Kariya Resigns !
Kanav Kariya, president of Jump Crypto, announced his resignation amid a CFTC investigation. In a June 24 social media post, Kariya expressed his intention to focus on personal relationships and reading while seeking his next venture, reflecting on his eventful tenure at the firm.
▶️ Check More Details Here:
https://x.com/KanavKariya/status/1805245324610371761
🔔 CoinShares Gains 116% Return from Selling FTX Claim !
CoinShares International, a European digital asset investment company, announced the successful sale of its FTX claim. The agreement, pending customary closing conditions, will yield a 116% recovery rate net of broker fees. This results in a return of £31.32 million ($39.78 million) on a £26.6 million ($33.78 million) claim.
▶️ Check More Details Here:
https://www.prnewswire.com/news-releases/coinshares-announces-successful-sale-of-ftx-claim-302179430.html
🔔 Bithumb to Launch CORE Korean Won Trading Pairs Today !
Bithumb, South Korea's second-largest exchange, is launching CORE Korean won trading pairs today. Coinbase also listed CORE on June 22. Bitcoin holders can earn staking rewards by participating in Core's consensus mechanism.
▶️ Check More Details Here:
https://feed.bithumb.com/notice/1644880
🔔 Michael Saylor Claims Bitcoin Offers 'Economic Immortality,' Predicts $10M per Coin !
Michael Saylor, executive chairman and co-founder of MicroStrategy, recently claimed in an 84-minute podcast interview that Bitcoin will reach $10 million per coin and that China will eventually support the cryptocurrency.
▶️ Check More Details Here:
https://x.com/saylor/status/1804867203075866731
🔔 EigenLayer Strengthens EigenDA Security to Prevent Sybil Attacks !
EigenLayer has added a whitelist security feature to its EigenDA service on Ethereum to prevent Sybil and DDoS attacks. It uses IP addresses or ECDSA authentication for enhanced security.
▶️ Check More Details Here:
https://x.com/eigen_da/status/1804630133426253971
🔔 CoinStats Urges Users to Move Funds from Platform-Created Wallets After Security Incident !
CoinStats, an app for managing crypto portfolios, has urged users to migrate their funds following a security incident. The platform noted that wallets created within CoinStats were affected, not externally connected ones. Users received scam notifications about a giveaway. CoinStats has taken its platform offline and is investigating the issue.
▶️ Check More Details Here:
https://x.com/CoinStats/status/1804604741197893739
🔔 Winklevoss Twins Receive Refund for Surpassing Bitcoin Donation Limit to Trump !
The Winklevoss twins, founders of Gemini, were refunded after their bitcoin donations to Donald Trump's campaign exceeded federal limits. The excess amount was returned to them, as reported by Bloomberg, citing an anonymous campaign official.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-06-21/winklevoss-twins-refunded-after-trump-crypto-gift-exceeded-limit?embedded-checkout=true
⚡️ News Flash - 21 Jun 2024 !
1️⃣ Pantera Capital Raising Funds for Second Investment in TON Token
Pantera Capital is raising funds to increase its investment in the TON token, following its largest investment in the token earlier this year. This move underscores the venture capital firm's strong confidence in the TON ecosystem.
2️⃣ McKinsey Projects $2T in Tokenized RWAs by 2030, Says Broad Adoption 'Still Far Away'
McKinsey projects the tokenized assets market could reach up to $4 trillion by 2030, but adoption is slow. This contrasts with more optimistic forecasts from other firms.
3️⃣ US Lawmakers Advocate for Release of Binance Exec Tigran Gambaryan from Nigerian Prison
U.S. lawmakers demand immediate release of Binance executive Tigran Gambaryan from Nigerian prison due to severe health issues.
4️⃣ Nigerian SEC Introduces New Regulations and Compliance Framework for Digital Assets
The Nigerian SEC updates rules on digital asset issuance, offering platforms, exchanges, and custody to enhance regulatory framework for digital asset markets.
5️⃣ Fantom Commits $120M in FTM Tokens for Sonic Migration
The Fantom Foundation commits up to 200 million FTM tokens, approximately $120 million, to support the launch of Sonic, an ultra-fast network, through the Sonic Labs Innovator Fund.
🔔 FTX Customers Oppose Bankruptcy Plan: 'Our Coins Were Never Given to FTX!' !
FTX customers are objecting to the exchange’s proposed bankruptcy plan, claiming it violates their property rights by selling their assets to pay off creditors, including the U.S. government. They demand the return of their cryptocurrency instead of cash balances. The FTX Customers Ad Hoc Committee is leading this objection.
▶️ Check More Details Here:
https://cointelegraph.com/news/ftx-customers-protest-bankruptcy-plan
▶️ Arbitrum Sees 16,500% Increase in Daily Revenue After LayerZero's ZRO Launch !
LayerZero's ZRO token launch on June 20 caused Arbitrum's daily revenue to spike to $3.43 million, a 16,680% increase. The launch's "donation" mechanism drove average gas fees up to 89 cents, boosting profits to a record high, per Dune Analytics and DefiLlama.
▶️ Check More Details Here:
https://dune.com/queries/3316813/5554338
🔔 California Judge Raises Concerns Over Dismissal of SEC's Case Against Crypto Exchange Kraken !
In a recent court session, Judge William H. Orrick signaled a leaning towards denying a motion to dismiss in a lawsuit involving Kraken and the SEC. The proceedings included references to the SEC's ongoing cases in the crypto space, drawing parallels to similar litigation involving Coinbase.
▶️ Check More Details Here:
https://www.theblock.co/post/301162/california-judge-casts-doubt-on-dismissing-secs-case-against-crypto-exchange-kraken
🔔 JUST IN: MicroStrategy Buys 11,931 BTC for $786M at $65,883 per Bitcoin !
MicroStrategy has acquired an additional 11,931 BTC for about $786 million, averaging $65,883 per bitcoin. As of June 20, 2024, the company holds 226,331 BTC, purchased for approximately $8.33 billion at an average price of $36,798 per bitcoin.
▶️ Check More Details Here:
https://x.com/saylor/status/1803763490928119950
🔔 Binance to List LayerZero (ZRO) with Seed Tag Applied !
Binance will list LayerZero (ZRO) and open trading for ZRO/BTC, ZRO/USDT, ZRO/FDUSD, and ZRO/TRY pairs on June 20, 2024, at 12:00 (UTC). Deposits are now open, and withdrawals will start on June 21, 2024, at 12:00 (UTC). The ZRO listing fee is 0 BNB. ZRO supports Ethereum, BNB Chain, Optimism, Arbitrum, Base, Matic, and Avalanche.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/28a21b10ed23416386b40d263b71cd99
🔔 Eigen Layer Announces Launch of EIGEN Stakedrop Phase 2 !
Phase 2 of the Season 1 EIGEN stakedrop is live, distributing 113 million EIGEN tokens. Over 88% of claimed tokens were staked in Phase 1, demonstrating strong community support. EIGEN's staking enhances security for Actively Validated Services (AVS) with unique protocols. Eligible DeFi participants can claim tokens until September 7, 2024.
▶️ Check More Details Here:
https://blog.eigenfoundation.org/claims-s1-p2/
🔔 Binance Introduces HODLer Airdrops for BNB Holders !
Binance has introduced HODLer Airdrops for BNB holders subscribing to Simple Earn, offering tokens from projects with substantial circulating supplies set to list on Binance.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/59a0a10b835d4c3ab2ffbfca941e7d24