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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.
🔔 Io.net CEO Ahmad Shadid Resigns from CEO Position !
Solana-based Io.Net replaced CEO Ahmad Shadid with co-founder Tory Green, just ahead of its token launch on Binance Launchpad. Shadid cited a desire to avoid distractions, while Green reaffirmed the company's goal to be the world's largest AI compute network.
▶️ Check More Details Here:
https://x.com/shadid_io/status/1799766711291490522
🔔 Intel and AfDB Partner to Train Millions of Africans in AI !
The African Development Bank (AfDB) and Intel have partnered to provide advanced artificial intelligence (AI) skills to three million Africans and 30,000 government officials. This initiative, announced at the recent AfDB Annual Meetings in Nairobi, Kenya, aims to transform the African digital ecosystem.
▶️ Check More Details Here:
https://www.afdb.org/en/news-and-events/press-releases/digital-future-africa-african-development-bank-and-intel-train-millions-ai-71649
🔔 FriendTech to migrate from Base to New Friendchain Blockchain !
Web3 social network FriendTech announced it will migrate from Coinbase’s Layer 2 blockchain Base to its own Friendchain network, developed with Conduit. Co-founder Racer had previously indicated the possibility of this shift.
▶️ Check More Details Here:
https://x.com/friendtech/status/1799283480083435815
🔔 Gemholic Project on ZkSync Suspected of $3.5M Rug Pull !
The cryptocurrency community is concerned about a suspected $3.5 million rug-pull by the Gemholic project on the zkSync network. Zkmarkets founder NSerec stated that Gemholic deceived investors for a year before executing the rug pull. The contract creator's address was reportedly funded by Binance, and NSerec sought community assistance in reaching out to Binance.
▶️ Check More Details Here:
https://x.com/NSerec/status/1799150698816266596
🔔 Donald Trump Reaffirms Support for Crypto at Fundraiser Event — Report !
Former U.S. President Donald Trump is emphasizing his support for cryptocurrency as part of his 2024 presidential campaign, aiming to become the "crypto president." At a fundraising event in San Francisco, hosted by David Sacks and Chamath Palihapitiya, Trump raised $12 million. He reiterated his support for crypto, contrasting it with the Democratic Party's regulatory approach.
▶️ Check More Details Here:
https://www.reuters.com/world/us/trump-pitches-himself-crypto-president-san-francisco-tech-fundraiser-2024-06-07/
🔔 JUST IN: Cryptocurrency Market Sees $296.8 Million Liquidated in the Past Hour !
Читать полностью…
🔔 Aevo Announces Pre-launch Listing of $AZUR With Airdrop Incentives !
Aevo has announced the pre-launch listing of Azuro Protocol's native token, $AZUR, on June 10. $AZUR has a maximum supply of 1 billion tokens. The token will be part of Aevo Airdrops, a program that rewards active pre-launch traders and $AEVO stakers with airdropped tokens. The more you trade in $AZUR during the pre-launch, the more $AZUR Airdrops you can potentially receive.
Azuro Protocol is a predictions market protocol with over 25 applications. It has generated over $300 million in combined volumes from 27K+ users on platforms like Polygon, Gnosis, and Chiliz. Additionally, the project has raised over $11 million from tier-1 venture capital firms.
Aevo is a decentralized options exchange for professional traders, offering a wide range of trading instruments and deep liquidity. It features a strong margin system and allows instant onboarding with USDC deposits from any EVM-chain.
▶️ Check More Details Here:
https://x.com/aevoxyz/status/1798691847415759081
▶️ Project Socials:
Website | Twitter | Discord
🔔 Semler Scientific Holds 828 Bitcoin, Announces $150M Plan to Acquire More !
Semler Scientific, a Nasdaq-listed medical manufacturer, has bought an additional $17 million worth of Bitcoin. The company now holds 828 Bitcoin, valued at over $58.5 million, after its initial purchase on May 28. Semler may raise up to $150 million to acquire more Bitcoin.
▶️ Check More Details Here:
https://www.sec.gov/Archives/edgar/data/1554859/000110465924069148/tm2416433-1_s3.htm
🔔 New York Files $1 Billion Fraud Lawsuit Against Crypto Miner and Exchange !
New York Attorney General Letitia James has filed a billion-dollar lawsuit against crypto exchange NovaTech and AWS Mining for defrauding hundreds of thousands of investors, including 11,000 New Yorkers, through illegal pyramid schemes. They targeted immigrant and religious communities, promising high returns and using social media and WhatsApp for scams. James seeks to ban both firms from operating in New York.
▶️ Check More Details Here:
https://ag.ny.gov/press-release/2024/attorney-general-james-sues-cryptocurrency-companies-novatechfx-and-aws-mining
🔔 Binance Reinstates Crypto Purchases via Mastercard !
Binance has resumed cryptocurrency purchases via Mastercard debit and credit cards. Users can now make purchases up to €5,000 ($5,440) for euro-based transactions and up to $20,000 for USD-based purchases.
▶️ Check More Details Here:
https://x.com/binance/status/1798656117880348808
🔔 Nigeria Defends Prosecution of Binance Executive Amid Criticism from US Lawmakers !
The Nigerian government is following due process in the trial against Binance and executive Tigran Gambaryan for illegal cryptocurrency trading. Minister Mohammed Idris confirmed the proceedings adhere to Nigerian law. The next hearing is on June 20, 2024. U.S. lawmakers have urged President Biden to expedite Gambaryan's release, citing his three-month detention in Nigeria.
▶️ Check More Details Here:
https://punchng.com/fg-promises-fairness-as-us-lawmakers-fault-binance-executives-detention/
⚡️ News Flash - 5 Jun 2024 !
1️⃣ SEC Chair Gary Gensler Asserts Disclosures Alone Insufficient to Protect Crypto Exchanges
SEC Chair Gary Gensler stated in a CNBC interview that crypto exchanges providing disclosures are still subject to enforcement actions by the agency.
2️⃣ Senior Promoter Pleads Guilty to Wire Fraud Conspiracy in Cryptocurrency Ponzi Scheme
Juan Tacuri, a senior promoter in the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to wire fraud conspiracy. He is scheduled to be sentenced on September 24, 2024.
3️⃣ Paxos Introduces Stablecoin in Argentina Offering 5% Yield
Paxos' UAE-based subsidiary has launched a new yield-bearing stablecoin called Lift Dollar (USDL), starting in Argentina.
4️⃣ iMe Wallet Integrates Blast L2 Chain, Offering Native Yield for ETH and Stablecoins
iMe Wallet has integrated Blast L2 chain, the sole Ethereum L2 with native yield for ETH and stablecoins. Users can easily transfer tokens on BLAST within Telegram chats using Telegram usernames, addresses, or QR codes with lightning speed.
5️⃣ Franklin Templeton CEO: Bitcoin Investment Still in Early Phase
Franklin Templeton CEO Jenny Johnson believes the Bitcoin investment cycle is in its early stages, with larger institutional investments yet to come. She sees the current wave as early adopters and expects more significant institutional interest as they become more comfortable with digital assets.
🔔 Nvidia Surpasses Apple in Market Cap, Becoming the Second Most Valuable Public U.S. Company !
Nvidia briefly surpassed Apple in market cap on Wednesday, hitting $3.007 trillion versus Apple's $3.005 trillion. Nvidia's shares have surged due to its dominance in AI chips, contrasting with Apple's modest growth and recent sales decline. Nvidia's stock has risen over 3,290% in the past five years, driven by its shift to AI and cloud services.
▶️ Check More Details Here:
https://www.cnbc.com/2024/06/05/nvidia-passes-apple-in-market-cap.html
🔔 Tether Invests $18.75M in XREX Group to Boost Digital Asset Innovation and Cross-Border Payments !
Tether has invested $18.75M in XREX Group to facilitate USDT-based cross-border payments in emerging markets and innovate regulatory technology. XREX will also launch XAU1, a USD-pegged stablecoin backed by Tether Gold. This collaboration aims to enhance financial inclusion and regulatory compliance, supporting Tether's vision of resilient financial infrastructure.
▶️ Check More Details Here:
https://tether.io/news/tether-invests-18-75m-in-xrex-group-to-drive-financial-inclusion-in-emerging-markets/
⚡️ News Flash - 4 Jun 2024 !
1️⃣ Tether CEO Expresses Concern Over EU's 'Problematic' MiCA Stablecoin Requirements
Tether CEO Paolo Ardoino criticized the EU's MiCA regulation, saying it complicates stablecoin issuance and increases risks for EU-licensed stablecoins.
2️⃣ FTX Proposes $200 Million Payment to IRS Instead of $24 Billion in Tax Liabilities
FTX Trading Ltd, Sam Bankman-Fried's collapsed crypto exchange, is looking to reduce its tax debt to the IRS. In a June 3 legal filing, FTX aims to settle a $200 million priority tax claim and a $685 million subordinated claim.
3️⃣ X Takes Action Against Alleged Celebrity Memecoin Scammer Sahil Arora
Sahil Arora has been banned from X following public accusations from celebrities. Arora was allegedly involved with at least some celebrity memecoins and faked involvement in others.
4️⃣ Sam Bankman-Fried Returns to NYC Prison for Appeal
Former FTX CEO Sam "SBF" Bankman-Fried has been returned to the Metropolitan Detention Center (MDC) in Brooklyn after a brief stay in Oklahoma. His lawyers requested he remain at MDC Brooklyn to assist in his appeal of his conviction and sentencing.
5️⃣ Worldcoin Halts Operations in Spain Amid Data Protection Probe
Worldcoin has agreed not to resume its activity in Spain until the end of the year, as announced by the Spanish data watchdog. This decision is in response to an ongoing investigation by the data protection authority of Bavaria, Germany.
🚨 Loopring Experiences $5 Million Hack After 'Guardian' Two-Factor Authentication Service Compromised !
Loopring, an Ethereum zkEVM protocol, experienced a security breach in its 'Guardian' two-factor authentication service. A hacker bypassed Loopring's own Official Guardian service, allowing unauthorized recoveries on wallets with a single guardian. The breach resulted in the draining of about $5 million worth of tokens from affected wallets.
▶️ Check More Details Here:
https://x.com/loopringorg/status/1799791898296451515
🔔 According to Arkham, STEPN Unlocked 79.203M GMT Worth Approximately $15.9 Million !
Arkham data shows that STEPN unlocked 79.203 million GMT tokens, valued at around $15.9 million, on June 9, 2024, at 05:28:47 UTC. The tokens were sent to a multi-signature address: 0x2D...C406.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/tx/0xc5e4f69af7a941ecb5fbc21907cdc8cd905b2002b51e7aadd7ebb8d8559f64c7
🔔 Binance Hit Over 200 Million Registered Users Worldwide !
https://x.com/binance/status/1799475255838462273
🔔 Crypto Community Warns of Negative Impact of Naira Trade Ban on Exchanges !
Some Nigerian crypto enthusiasts believe halting naira trading on crypto exchanges could worsen the currency's volatility. They argue for balanced regulation instead of a complete ban, citing the need to protect financial stability while allowing the industry to thrive.
▶️ Check More Details Here:
https://theconversation.com/naira-is-in-crisis-but-cryptocurrency-isnt-to-blame-nigeria-needs-consistent-policy-230389
🔔 Crypto Platform Bakkt Reportedly Considering Sale or Breakup !
Bakkt Holdings is exploring strategic options, including a potential sale, with a financial advisor. Its shares have dropped 66% this year, and it laid off 13% of its staff in May. Bakkt's NYDFS BitLicense may attract buyers.
▶️ Check More Details Here:
https://www.theinformation.com/briefings/crypto-platform-bakkt-reportedly-weighs-sale-breakup
⚡️ News Flash - 7 Jun 2024 !
1️⃣ CoinGecko Experiences Data Breach via Third-Party Email Platform GetResponse
CoinGecko experienced a data breach on June 5, 2024, through its third-party email platform, GetResponse. The company is addressing the incident and providing information on their response and steps for user protection.
2️⃣ Roaring Kitty-Inspired Memecoins See Triple-Digit Gains Amid GameStop Stock Surge
Roaring Kitty-themed memecoins (GME, KITTY, and ROAR) saw dramatic increases in value. Keith Gill, known as “Roaring Kitty,” announced his return to YouTube, which also led to a spike in GameStop’s share price.
3️⃣ Gensler: Ethereum ETF Launch Date Hinges on Issuers, Not the SEC
The approval of U.S.-based spot Ether ETFs will depend on how quickly issuers can address the SEC's comments, says Chair Gary Gensler.
4️⃣ LeverFi Announces Upgrade of OmniZK Devnet to Testnet on 18 June
LeverFi has announced the upgrade of OmniZK's development network to a test network on 18 June. This marks a crucial step for OmniZK towards providing a scalable, decentralized infrastructure to support the growth and development of BTC-DeFi.
5️⃣ BlackRock's Bitcoin ETF Exceeds 300K BTC in Assets Under Management
BlackRock's IBIT spot bitcoin ETF has accumulated over 300,000 BTC in assets under management (AUM) in just five months, surpassing Grayscale's converted GBTC fund in AUM, now totaling over $21 billion.
🔔 Bitdeer Unveils Energy-Efficient Bitcoin Mining Chip !
Bitdeer Technologies has introduced the SEAL04 chip for its SEALMINER rig, set for release in Q2 2025, with a target energy efficiency of 5J/TH. The roadmap aims to enhance transparency in mining, manage expectations for advancements, and provide data analytics on machine capabilities and inventory.
▶️ Check More Details Here:
https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-unveils-sealminer-technology-roadmap-committed-enhancing
🔔 Aethir Sells Out 6,000 Aethir Edge Devices, Last Public Sale on 13 Jun !
Aethir Edge devices sold out quickly, with 6,000 units purchased in few hours. The final online sale for 3,000 devices is scheduled for 13 June. The devices were available at a discounted price of $999 USDT (official price $1,099!). Participants are advised to have the required funds ready for purchase on 13 June.
Aethir Edge is described as an enterprise-grade edge AI device integrated with Aethir's distributed GPU cloud infrastructure, powered by Qualcomm. It aims to drive decentralized edge computing and earning models.
Aethir is a cloud computing platform that transforms the ownership, distribution, and utilization of enterprise-grade GPUs. It provides a scalable framework for sharing computational resources across industries and regions, departing from traditional centralized models.
▶️ Check More Details Here:
https://x.com/AethirEdge/status/1798805198468694334
▶️ Project Socials:
Website | Twitter | Telegram
🔔 Telegram Introduces Digital Mini-App Payment System, Telegram Stars !
Telegram CEO Pavel Durov announced a new payment system, Telegram Stars, for digital goods and services. Users can make in-app purchases on iOS and Android, with developers able to convert their stars to TON, the native token of The Open Network, via the exchange Fragment. Telegram Stars complies with Apple and Google’s digital product sale policies.
▶️ Check More Details Here:
https://telegram.org/blog/telegram-stars
🔔 JUST IN: Robinhood to Acquire Bitstamp, Expanding Global Cryptocurrency Presence !
Robinhood is acquiring Bitstamp, a global cryptocurrency exchange, for approximately $200 million. This acquisition, expected to close in the first half of 2025 pending regulatory approvals, will expand Robinhood's global reach and introduce its first institutional business, bringing Bitstamp's customers from the EU, UK, US, and Asia.
▶️ Check More Details Here:
https://newsroom.aboutrobinhood.com/robinhood-to-acquire-bitstamp/
🔔 IO.NET (IO) Farming Starts On Binance Launchpool From 7 Jun !
▶️ Token Info:
▪️ Ticker: $IO
▪️Total Token Supply at Genesis: 500M $IO
▪️ Max Token Supply: 800M $IO
▪️ Launchpool Rewards: 20M $IO (4% of total token supply at Genesis)
▪️ Initial Circulating Supply: 95M $IO (19% of total token supply at Genesis)
▶️ Staking Info:
▪️ Token staked: BNB, FDUSD
▪️ Farming period: 7 Jun ~ 10 Jun
▪️ Hourly Hard Cap per User:
▫️ BNB: 17,708.33 $IO
▫️ FDUSD: 3,125 $IO
▶️ Listing Info: Binance will list $IO on 11 Jun, 12:00 (UTC)
▶️ Check More Details Here :
https://www.binance.com/en/support/announcement/6556e3b5aae54c76adb0fd267b105a15
🔔 Turkey Refutes Plans to Implement Taxes on Crypto and Stock Gains !
Turkey has canceled plans to tax profits from stocks and cryptocurrencies, considering instead a "very limited" transaction tax. Treasury and Finance Minister Mehmet Simsek emphasized fair taxation but did not specify the tax size.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-06-05/turkey-has-no-plan-to-tax-profits-on-stocks-crypto-simsek-says
🔔 Riot Platforms Declines After Bitcoin Miner Is Targeted by Short-Seller Kerrisdale !
Riot Platforms' stock dropped 7.7% following a critical report from Kerrisdale Capital, which labeled the U.S. bitcoin mining industry as one of the worst business models for public companies due to its unpredictable revenue, high costs, and regulatory scrutiny. Kerrisdale prefers Bitcoin ETFs and products, considering them better investments. Riot's stock is down 42% this year, with other mining stocks like Marathon Digital and Gryphon Digital also seeing declines.
▶️ Check More Details Here:
https://www.kerrisdalecap.com/wp-content/uploads/2024/06/RIOT-Kerrisdale.pdf
⚡️ Binance Coin (BNB) Hits New All-Time High of $716 on Binance, Currently Trading at $705.5 !
Читать полностью…
🔔 SEC to Close Office Behind Failed DEBT Box Crypto Lawsuit !
The SEC's Salt Lake City office will close after staff attrition following a failed fraud lawsuit against DEBT Box. Lawyers Michael Welsh and Joseph Watkins resigned after being sanctioned for "gross abuse of power." A judge dismissed the case and ordered the SEC to pay $1.8 million in legal fees. The Denver office will take over enforcement jurisdiction.
▶️ Check More Details Here:
https://www.sec.gov/news/press-release/2024-67