🔔 StarkWare Launches $1M Research Fund for ZK Bitcoin Scaling !
StarkWare plans to scale Bitcoin using zero-knowledge (ZK) technology, supported by a $1 million research fund. The initiative aims to scale both Bitcoin and Ethereum using STARK cryptography, enabling everyday micropayments and supporting global Bitcoin transactions. StarkWare emphasizes their focus on scaling, not just Ethereum.
▶️ Check More Details Here:
https://x.com/StarkWareLtd/status/1797985467666940265
🔔 Deutsche Bank and Bitpanda Teams up for Real-Time Crypto Payments !
Bitpanda has partnered with Deutsche Bank to offer new features for German users. This partnership enables German customers on Bitpanda to make real-time cash deposits and withdrawals using German International Bank Account Numbers (IBANs).
▶️ Check More Details Here:
https://blog.bitpanda.com/en/bitpanda-partners-deutsche-bank-major-milestone-industry
🔔 Coinbase donates $25 million to pro-crypto PAC Fairshake after Biden's veto !
Coinbase donated $25 million to Fairshake’s super PAC, boosting its total to $161 million for the 2024 elections. Other donors include Ripple, a16z, the Winklevoss twins, and Jump Crypto. Fairshake has spent over $11.3 million, primarily against Democratic candidate Kate Porter, who lost in the primary. Key recipients of Fairshake funding are Republican Dusty Johnson and Democrat Josh Gottheimer, both involved in the FIT21 Act.
▶️ Check More Details Here:
https://fortune.com/crypto/2024/06/03/coinbase-donates-25-million-to-super-pac-fairshake-days-after-biden-vetoes-crypto-custody-bill/
🚨 Hackers Use Chrome Plugin to Steal Millions from Binance Accounts !
A Chinese trader lost $1 million to a hacking scam involving a promotional Google Chrome plugin called Aggr, which steals cookies to bypass security and access Binance accounts. The trader, known as CryptoNakamao on X, reported that on May 24, their Binance account began trading randomly, and by the time they noticed, the hacker had withdrawn all funds.
▶️ Check More Details Here:
https://x.com/CryptoNakamao/status/1797519128632381847
🔔 Binance to Delist OMG, WAVES, WNXM, XEM !
Binance will delist and cease trading for OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM) on June 17, 2024, at 03:00 (UTC). The affected trading pairs are OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, and XEM/USDT. All trade orders will be removed after trading ceases. Deposits of these tokens after June 18, 2024, at 03:00 (UTC) will not be credited, and withdrawals will not be supported after September 17, 2024.
▶️ Check More Details Here:
https://www.binance.com/en/support/articles/f65faeeefe07417a8b6dd2900ba8da7e
🔔 El Salvador's Pro-Bitcoin President Bukele Wins Second Term !
El Salvador’s pro-Bitcoin President Nayib Bukele has been sworn in for another five-year term after a landslide victory in February, generating excitement in the crypto industry. Crypto commentator Cory Bates and media guru Pete Rizzo praised Bukele's positive stance on Bitcoin and his leadership.
▶️ Check More Details Here:
https://x.com/corybates1895/status/1796939375332425979
🔔 Google and Magic Leap Join Forces to Develop Metaverse Goggles, Overcoming Past Setbacks !
Magic Leap has partnered with Google to develop new extended reality technologies, aiming to combine Magic Leap's optics capabilities with Google's infrastructure. This partnership could bring new competition to the metaverse hardware market currently dominated by Meta and Apple.
▶️ Check More Details Here:
https://www.magicleap.com/newsroom/magic-leap-and-google-partnership
🔔 ARK Invest terminates partnership with 21Shares for Ethereum ETF !
21Shares has rebranded its Ethereum spot ETF from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF and filed an updated S-1 application. ARK Invest has ended its partnership with 21Shares and will no longer be involved in the ETF. The amended Form S-1 shows no updated fees. ARK Invest decided not to move forward with the Ether ETF, citing a need to reassess its investment strategy.
▶️ Check More Details Here:
https://x.com/EricBalchunas/status/1796648691110957345
🔔 Biden vetoes bill to repeal SEC's SAB 121 on crypto custody accounting standards !
U.S. President Joe Biden vetoed a bill to overturn SEC bulletin SAB 121, which sets accounting standards for firms that custody crypto. In his letter to the U.S. House, Biden emphasized the need for guardrails to protect consumers and investors. The bulletin has faced criticism from the crypto industry, fearing it may hinder banks from safeguarding digital assets.
▶️ Check More Details Here:
https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/31/a-message-to-the-house-of-representatives-on-the-presidents-veto-of-h-j-res-109/
🚨 Japanese Exchange DMM Suffers $305M Bitcoin Loss from Private Key Breach !
Centralized cryptocurrency exchange DMM lost over $305 million in Bitcoin due to a server hack on May 30. DMM confirmed that all user deposits will be fully guaranteed. The exchange has temporarily halted withdrawals, new account openings, new spot buy orders, and all new leveraged orders, but existing limit orders will remain active.
▶️ Check More Details Here:
https://bitcoin.dmm.com/news/20240531_01
🔔 Hong Kong Orders All Unlicensed Crypto Exchanges to Cease Operations !
The SFC has mandated that all cryptocurrency exchanges in Hong Kong must apply for an operational license or cease operations. Over 22 exchanges applied, but many withdrew before the February 29 deadline. In May, six exchanges, including OKX and Huobi HK, exited the market. Gate.HK cited a need for a "major overhaul" to meet regulatory standards.
▶️ Check More Details Here:
https://www.sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-trading-platforms-operators/Lists-of-virtual-asset-trading-platforms
🚨 NY Judge Finds Donald Trump Guilty in hush-money Trial , Will be sentenced on 11 July !
Читать полностью…🔔 Nansen Flags Singapore's DBS Bank Holding $650M in Ether !
According to Nansen, DBS, Singapore's largest bank, holds 173,753 ETH, worth $647 million. The blockchain address supposedly owned by DBS has made over $200 million from its ether holdings. CoinDesk has reached out to DBS for confirmation. Ether, the native token of Ethereum, is widely used by investment banks to tokenize capital markets.
▶️ Check More Details Here:
https://x.com/nansen_ai/status/1796087551486554590
🔔 Top U.S. Treasury Official Says They’re Not Trying to Ban Crypto Mixers !
The U.S. Treasury is not attempting to ban cryptocurrency mixing services, said Brian Nelson at CoinDesk’s Consensus conference. FinCEN's 2023 proposal aims to classify mixers as a “primary money laundering concern” and require VASPs to report any mixing transactions.
▶️ Check More Details Here:
https://www.coindesk.com/policy/2024/05/29/us-treasury-isnt-trying-to-ban-crypto-mixers-top-official-says/
🔔 Former OpenAI Board Member Alleges Sam Altman Was Fired for 'Lying to Board' !
Sam Altman was reportedly dismissed from OpenAI for withholding information from the board, according to former board member Helen Toner. On a Ted AI podcast, Toner stated that Altman had made it difficult for the board by misrepresenting company activities and sometimes lying to them.
▶️ Check More Details Here:
https://open.spotify.com/episode/4r127XapFv7JZr0OPzRDaI?si=KyTEonBbRQGN0YnEH7sCpQ&nd=1&dlsi=b2e871fb7ea843ad
🔔 Watford FC to Offer 10% Digital Equity Shares on Republic Platform !
Watford FC is selling 10% of its shares through digital investment platforms Republic and Seedrs. The funds will be used for training initiatives, new player recruitment, coaching, and brand development. This digital equity sale aims to attract more investors and allow fans to own part of the club.
▶️ Check More Details Here:
https://www.watfordfc.com/news/club/news-watford-fc-to-offer-ownership-to-fans-through-digital-equity
⚡️ News Flash - 3 Jun 2024 !
1️⃣ Dubai Reduces Fees for Recognizing Crypto Tokens to $5,000
The DFSA has revised its crypto token regulations to allow domestic qualified investor funds to invest up to 10% in unrecognized tokens and reduced the token recognition fee from $10,000 to $5,000.
2️⃣ Bitcoin Investor Michael Saylor Reaches $40 Million Settlement in Tax Fraud Case
Michael Saylor, founder of MicroStrategy, agreed to pay $40 million to settle a tax fraud lawsuit with the D.C. Attorney General. The lawsuit claimed Saylor pretended to be a resident of Florida or Virginia to avoid D.C. taxes. Saylor will pay the amount in full, with no contribution from MicroStrategy.
3️⃣ Former Binance CEO CZ Commences 4-Month Jail Term in California
Changpeng Zhao, the founder of Binance, has begun a four-month prison sentence in California for failing to prevent money laundering at the exchange. He will serve his time at Lompoc II, a low-security facility in Santa Barbara county.
4️⃣ Binance Co-founder Disputes Accountability for $1M Trading Loss on Compromised Account
Yi He, Binance co-founder, denied a security breach caused a $1 million loss for a user, attributing it to the user's compromised computer. On the same day, a trader claimed their account was manipulated without their password, resulting in losses, and said they didn't receive security reminders from Binance.
5️⃣ Frax Finance X Account Hacked, CEO Suspects Inside Job
Frax Finance's X social media account was hacked without password changes. CEO Sam Kazemian asked followers for help to contact X customer service. It takes about 72 hours for X to address such issues, requiring a support request with a linked email address and providing more information as needed.
🔔 Binance to Restrict 'Unauthorized' Stablecoins in Europe from June 30, Urges Switch to Regulated Tokens !
Binance will restrict access to unregulated stablecoins in the EU under the new Markets in Crypto-Assets Regulation (MiCA) starting at the end of June. Only stablecoins issued by regulated companies will be available, impacting several existing tokens. Binance did not specify which stablecoins will be affected.
▶️ Check More Details Here:
https://financefeeds.com/binance-may-ban-tether-and-other-stablecoins-in-europe/
🔔 OKX Expands to the Netherlands with New Crypto Exchange and Wallet !
OKX has launched its crypto exchange and wallet in the Netherlands, offering trading in 150 cryptocurrencies with at least 60 trading pairs against the euro. The platform integrates with iDeal for easy euro deposits and withdrawals, and also supports SEPA transactions.
▶️ Check More Details Here:
https://x.com/okx/status/1797546285777485980/
🔔 Meta’s AI Chief Criticizes Elon Musk for Hype and Conspiracy Theories !
Meta’s AI chief Yann LeCun and Elon Musk reignited their feud on social media, escalating when LeCun hijacked a X post from Musk’s AI company, xAI. LeCun posted a lengthy critique on June 2, accusing Musk of mistreating scientists, spreading conspiracy theories, and undermining democracy. This clash highlights ongoing tensions between the two tech figures.
▶️ Check More Details Here:
https://x.com/ylecun/status/1797270661192155427
🚨 Velocore DEX on zkSync and Linea Reportedly Hacked, $10 Million in User LPs Stolen !
Decentralized exchange Velocore on zkSync and Linea has reportedly been hacked, with $10 million in LPs stolen. Linea briefly halted block production but has resumed. Hackers allegedly transferred some ETH to the Ethereum mainnet. Velocore had been audited by Zokyo, Hacken, and Scalebit. The cause of the block production halt on Linea is not confirmed.
▶️ Check More Details Here:
https://x.com/officer_cia/status/1797068809959854340
🔔 OpenAI introduces ChatGPT support for universities and nonprofits !
OpenAI launched "ChatGPT Edu" for universities and a discounted ChatGPT Team service for nonprofits. "ChatGPT Edu" provides enterprise-level security and affordability, with institutions like Oxford and Arizona State University already using it. Nonprofits can access ChatGPT Team for $20 per user per month, with potential discounts for large-scale deployments. Both initiatives include access to the latest models and features.
▶️ Check More Details Here:
https://x.com/OpenAI/status/1796183796162683325
🔔 $FIAS Public Sale is Live on DevvE Launchpad !
$FIAS Token IDO is conducting on DevvE Launchpad. The public price is $0.08, with an initial market cap of $460k and a total supply of 350 million $FIAS tokens. The IDO allocation is $300k. The IDO will run from 31 May to 7 June, with the TGE set for 11 June.
FIAS is a magical sci-fi fantasy metaverse where users can create, own, and control their creations. It features various games, from casual puzzles to competitive NFT card battlers. Players can craft items, run virtual businesses, and use LitPets for battles or shop work. Secret recipes allow the creation of monetizable gaming assets like power-ups and skins.
▶️ Check More Details Here:
https://x.com/LitCraft_DFE/status/1796587450023936057
▶️ Project Socials:
Website | X | Telegram
🔔 Franklin Templeton Revises Spot Ethereum ETF Filing, Sets 0.19% Fee !
Franklin Templeton filed for a spot Ethereum ETF with a 0.19% sponsor fee, the same as its spot Bitcoin ETF. This move follows the firm's successful Bitcoin ETF launch and reflects a broader trend of institutions offering Ethereum ETFs. The SEC instructed issuers to file amended S-1 forms by Friday, but it may take a few weeks for these products to begin trading.
▶️ Check More Details Here:
https://www.sec.gov/Archives/edgar/data/2011535/000113743924001040/fets1a05312024.htm
🔔 Nexgami Hosting IDO on Multiple Launchpads !
Nexgami announces its native Token $NEXG IDO on SeaPad, BRCStarter, GameFi, EnjinStarter and Startup on Gate.io. The IDO timeline is 30 May to 3 Jun, with IDO price of $0.05 per Token, Initial MCap of $1.5 million and Total Suppy of 1 billion $NEXG. $NEXG IDO is refundable.
NexGami is a Web3 gaming platform merging traditional gaming with the Web3 ecosystem. It offers game incubation, financing, token issuance, IDOs, CEX listings, and market-making strategies. Service fees are distributed as dividends to NexGami token holders. Key features include game listings, a Launchpad, e-sports, live streaming, and Token/NFT trading markets.
▶️ Check More Details Here:
▪️Seapad
▪️Gate
▪️BRCStarter
▪️GameFi
▪️EnjineStarter
▶️ Project Socials:
Website | X | Telegram
🔔 Two Estonian Men Accused of $500M Fraud Targeting U.S. Investors !
The DOJ charged Sergei Potapenko and Ivan Turõgin, both 39, from Estonia with a $575 million cryptocurrency mining fraud. The duo allegedly offered fake virtual currency mining rights, relying on sham invoices and fabricated documents. They used the funds for real estate, luxury cars, and lavish gifts.
▶️ Check More Details Here:
https://fortune.com/2024/05/30/estonian-men-kingpins-half-billion-crypto-investors-alleged/
⚡️ News Flash - 30 May 2024 !
1️⃣ Robinhood Close to Settling GameStop and Meme Stocks Lawsuit
Robinhood is finalizing a settlement with investors who sued over the 2021 trading halt of meme stocks like GameStop. In a May 28 court filing, Robinhood’s lawyers expect the settlement and dismissal within two weeks. Details were not disclosed, and no parties have commented.
2️⃣ iMe Smart Platform (LIME) listed on Changelly and Bitmart Today
iMe Smart Platform native token $LIME is now listed on Changelly and Bitmart. $LIME is now available on Changelly, Bitmart, Tapbit, Bitget, Gate.io, MEXC, BingX, Poloniex, AscendEx, Coinstore, CoinW, and XT.com. $LIME is currently Trading at $0.0829.
3️⃣ Alex Labs Announces Roadmap to Restore Community Trust after Breach
Alex Labs, a Bitcoin layer-2 developer, is recovering from a recent breach and working to restore community trust. They're conducting governance votes on reopening pools and migrating their native token and AMM.
4️⃣ Telegram Wallet Implements New KYC Rules, Changes Provider
Wallet, a Telegram cryptocurrency wallet bot, is updating its KYC system to require more personal information for most features, except withdrawals, starting June 3.
5️⃣ U.S. DOJ Arrests Botnet Boss for $130M Cyber Scam
Yune Wang, a Chinese national and St. Kitts and Nevis citizen, was arrested by the DOJ for allegedly creating malware to compromise millions of computers worldwide through the 911 S5 botnet. Wang is accused of selling hijacked IP addresses to cybercriminals for cryptocurrencies, facilitating crimes like fraud and child exploitation.
🔔 Vitalik Buterin Donates 30 ETH to Juicebox: Free Alexey & Roman Today !
Ethereum co-founder Vitalik Buterin donated 30 ETH (approximately $113,000) to Juicebox: Free Alexey & Roman to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm. The fund has raised around 559.81 ETH in total.
▶️ Ethereum Transaction:
https://etherscan.io/tx/0x424872acdc3f28523b444a3e855f94fb82c9c45aff2888eb57bae04a230962c8
▶️ Juicebox Link:
free-pertsev-and-storm" rel="nofollow">https://juicebox.money/@free-pertsev-and-storm
🔔 Hashdex Pulls Application for Spot Ether ETF !
Hashdex has withdrawn its application for a spot Ether ETF, according to a May 28 SEC filing. The proposal for the Hashdex Nasdaq Ethereum ETF was pulled on May 24, just a day after eight similar products were approved. The reasons for the withdrawal are unclear, and it's uncertain if Hashdex will resubmit the proposal.
▶️ Check More Details Here:
https://www.sec.gov/files/rules/sro/nasdaq/2024/34-100234.pdf
🔔 Ripple Contributes Another $25 Million to Pro-Crypto Political Group Fairshake !
Ripple announced a $25 million contribution to the federal super PAC Fairshake, supporting pro-crypto political candidates for the 2024 U.S. elections. This follows a similar $25 million contribution made last year. Ripple criticized the SEC's enforcement-based approach to crypto regulation and emphasized the need for positive regulatory changes in the U.S.
▶️ Check More Details Here:
https://www.theblock.co/post/297258/ripple-25-million-to-fairshake