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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.
🔔 Texas Judge Fast-Tracks SEC Case Against Consensys !
A Texas judge has scheduled the SEC's case against Consensys, with proceedings set between July 29 and November 26. A decision could come by the end of 2024 or early 2025. Consensys lawyer Bill Hughes noted the expedited consideration of whether the SEC can regulate MetaMask as a securities broker and issuer.
▶️ Check More Details Here:
https://x.com/BillHughesDC/status/1808141882762891747
🔔 South Korean Exchanges Set to Reassess 1,300 Tokens Using Updated Standards !
South Korea's 20 crypto exchanges have established a new code of conduct, reevaluating over 1,300 cryptocurrencies. Starting July 19, the self-regulatory standards will coincide with South Korea’s crypto investor protection framework. Exchanges must now assess new tokens based on strict requirements and establish independent decision-making bodies for listings, maintaining records for 15 years to ensure transparency.
▶️ Check More Details Here:
https://www.theblock.co/post/303082/south-korean-exchanges-to-reexamine-tokens
🔔 Uniswap Wallet Partners with Transak to Offer Fiat On-Ramping Services !
Transak has partnered with Uniswap Labs to enable fiat purchases of crypto directly in the Uniswap Wallet. This integration aims to simplify access to decentralized finance (DeFi) for users in over 160 countries by supporting various payment methods like Apple Pay, Google Pay, and credit/debit cards.
▶️ Check More Details Here:
https://x.com/TheBlock__/status/1807776196131754104
🔔 Mark Cuban Offloads Part of His NFT Collection, with One Selling for Over $30,000 !
Mark Cuban has sold part of his NFT collection for the first time in two years, making over $39,000. From June 22 to June 24, he sold several NFTs on OpenSea, including a Pudgy Penguin NFT for $30,950. He is also selling other NFTs, such as his #MFFL Hashtag NFT for 15 ETH (about $52,043) and his Deuteronomy 25:4 Bible NFT for 5 ETH (around $17,347). Cuban still holds nearly 1,600 items in his cryptocurrency portfolio.
▶️ Check More Details Here:
https://www.cnbc.com/2024/07/01/mark-cuban-is-selling-a-portion-of-his-nfts.html
🔔 Sony Acquires Amber Japan, Enters Crypto Exchange Market !
Sony Group has entered the crypto exchange field by acquiring Amber Japan. This follows Amber Group's earlier acquisition of Japan's regulated crypto platform DeCurret. Amber Group faced difficulties after FTX's collapse, leading to a debt-to-equity transaction with Fenbushj. Amber Group's investors include Temasek, Sequoia China, Pantera, Tiger, and Coinbase.
▶️ Check More Details Here:
https://x.com/WuBlockchain/status/1807569214359969968
🔔 Vitalik Buterin's Ethereum Holdings Exceed $800 Million, Includes Investments in StarkNet !
The Arkham team revealed that Ethereum co-founder Vitalik Buterin's wallet holds over $800 million in ETH, largely from his initial Ethereum allocation of approximately 246,730 ETH. He has also invested in projects like StarkNet.
▶️ Check More Details Here:
https://x.com/ArkhamIntel/status/1807054751776854301
🔔 Meta's Prototype 'Full Holographic' Glasses Could Revolutionize Web3 !
Meta's Mark Zuckerberg predicts that smart glasses with holographic displays will eventually replace mobile phones. In an interview with YouTuber Kane "Kalloway" Sutter, he described these glasses, featuring cameras, microphones, speakers, and a full field-of-view holographic display, as Meta's most exciting future product.
▶️ Check More Details Here:
https://www.youtube.com/watch?v=m88OV10vRLA
🔔 SEC Returns S-1 Forms to Ethereum ETF Issuers, Another Review Round Expected !
The U.S. SEC has returned S-1 forms to prospective Ethereum ETF issuers with light comments, requiring revisions by July 8. This isn't the final filing, indicating at least one more round of submissions before the ETFs can start trading. "Never ceases to be a winding path," remarked a source.
▶️ Check More Details Here:
https://www.theblock.co/post/302687/sec-returns-s-1-forms-to-ethereum-etf-issuers-with-at-least-one-more-round-to-go-source
🔔 Farcaster Co-Founder Dan Romero Introduces In-App Payments with USDC Stablecoins !
Dan Romero, co-founder of Farcaster, introduced a new in-app payments feature for Warpcast using USDC. This simplifies crypto transactions by using human-readable Farcaster identities. Initially, it will operate on the Coinbase-built Base Ethereum scaling layer.
▶️ Check More Details Here:
https://x.com/dwr/status/1806774735109562789
🔔 Fake Phantom wallet in iOS App Store scams users, drains funds !
A fake Phantom wallet app on the Apple Store mimics the legitimate version, deceiving users into revealing private keys and draining assets upon account recovery. Despite poor reviews, it remains accessible, posing a significant risk to unsuspecting users.
▶️ Check More Details Here:
https://x.com/alex_fazel/status/1806607510582772104
🔔 T-Rex Files for 2X Leveraged MicroStrategy ETF !
Financial services firm T-Rex Group has filed for a leveraged MicroStrategy (MSTR) ETF in the U.S. Analyst Eric Balchunas described it as a "ghost pepper" ETF due to its potential volatility, which could be around 20 times that of the S&P 500.
▶️ Check More Details Here:
https://x.com/EricBalchunas/status/1806436903119671763
🔔 Galaxy Digital Predicts Up to $7.5 Billion Inflow into ETH ETFs Within First Five Months !
Galaxy Digital predicts that Ethereum (ETH) exchange-traded funds (ETFs) could soon become a multi-billion dollar market after SEC approval. Analysts expect the first approvals next week. Charles Yu, Galaxy's VP of Research, forecasts inflows of $3 billion to $7.5 billion in the first five months, following the success of Bitcoin ETFs. Yu believes ETH ETFs will boost market adoption and legitimacy among institutional investors and regulators.
▶️ Check More Details Here:
https://www.theblock.co/post/302396/galaxy-digital-sees-up-to-7-5-billion-flowing-into-eth-etfs-within-first-five-months
🔔 JPMorgan: Mt. Gox Creditors Likely to Sell Bitcoin Receivables Next Month !
Defunct crypto exchange Mt. Gox will start distributing bitcoin repayments to creditors next month. These creditors are expected to sell part of their bitcoin receivables, initially pressuring the market. However, JPMorgan analysts anticipate a recovery beginning in August.
▶️ Check More Details Here:
https://www.theblock.co/post/302217/jpmorgan-mt-gox-bitcoin
🔔 Crypto Firm Abra Settles with State Regulators Over Unlicensed Mobile App !
Crypto firm Abra has settled with 25 state regulators for operating without proper licenses, agreeing to cease crypto transactions for U.S. customers and return $82 million. Investigations found Abra operated without required licenses. The settlement waives penalties to prioritize customer repayment.
▶️ Check More Details Here:
https://www.csbs.org/newsroom/state-financial-regulators-settle-abra-return-cryptocurrency-assets
🔔 Bitstamp Removes Euro Tether Due to New MiCA Regulations !
Bitstamp will delist Tether's euro-pegged stablecoin, Euro Tether (EURT), by the end of June to comply with Europe's Markets in Crypto-Assets Regulation (MiCA), effective June 30.
▶️ Check More Details Here:
https://blog.bitstamp.net/post/bitstamp-confirms-changes-to-accord-with-mica-regulation/
🔔 SEC vs. Binance: Court Declares BNB Sales and Cryptocurrencies Not Securities !
A U.S. federal court ruled that cryptocurrencies and secondary sales of Binance’s BNB token are not securities. Judge Amy Berman Jackson found the SEC failed to prove BNB purchasers expected profits, a key part of the Howey test. This decision is a significant win for Binance amid increased regulatory scrutiny post-FTX collapse.
▶️ Check More Details Here:
https://www.binance.com/en/blog/regulation/us-federal-judge-rejects-main-claims-by-sec-against-binance-6713897865359416262
🔔 SEC Charges Silvergate Capital and Executives for Misleading Investors on Compliance and Losses !
The SEC charged Silvergate Capital, former CEO Alan Lane, and former CRO Kathleen Fraher with misleading investors about their BSA/AML compliance and monitoring of crypto customers, including FTX. Silvergate and former CFO Antonio Martino were also charged with misleading investors about losses from expected securities sales after FTX’s collapse. All parties, except Martino, have agreed to settle.
▶️ Check More Details Here:
https://www.sec.gov/newsroom/press-releases/2024-82
🔔 Navaix $NAV To Be Listed on Uniswap !
Navaix announces that its native token $NAV will be listed on 2 July on Uniswap. The total Supply of $NAV token is 33 Million.
NAVAIX simplifies decentralized exchanges (DEX) with AI, offering a multichain ecosystem that integrates EVM and Non-EVM chains for seamless, low-latency trading. Its design reduces Extractable Value (MEV) on Ethereum L1 and enables fast transactions. The AI-Enhanced Perp DEX aims to provide high trading efficiency and optimal returns for users of all ages and financial capacities.
▶️ Check More Details Here:
https://x.com/NAVAIX_xyz/status/1807430680365986109
▶️ Project Socials:
Website | X | Telegram
🔔 Binance Adds Monitoring Tags to 11 Tokens, Warns of Potential Delisting; Removes Tags from Enzyme (MLN) and Horizon (ZEN) !
Binance has added monitoring tags to Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sun (SUN), indicating potential delisting. Enzyme (MLN) and Horizon (ZEN) have been removed from the monitoring tag.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/782b121c462b499487dc8f20e0edc6b2
🔔 Nigeria Encouraged to Implement Crypto Regulations Similar to Europe's MiCA !
Nigeria's crypto community commends Europe's MiCA stablecoin rules, urging ECOWAS to adopt similar regulations to protect local currencies. Analyst Obinna Uzoije highlighted potential benefits for member states in an interview with Cointelegraph.
▶️ Check More Details Here:
https://cointelegraph.com/news/ecowas-crypto-regulations-inspired-by-mica
🔔 Vitalik Buterin Claims Crypto Regulations Have Resulted in 'Anarcho-Tyranny' !
Ethereum co-founder Vitalik Buterin criticized U.S. crypto regulations on Warpcast, stating they favor dubious projects while penalizing transparent ones. He termed this situation an "anarcho-tyranny," which he believes is more detrimental to the crypto space than either complete anarchy or strict regulation.
▶️ Check More Details Here:
https://warpcast.com/vitalik.eth/0xda1c0058
🔔 Hong Kong Regulator Issues Fraud Alert for Three Exchanges !
The Hong Kong Securities and Futures Commission (SFC) has issued warnings about three entities—Tokencan, VBIT Exchange, and HKD.com Corporation—suspected of fraud and operating without licenses. These companies allegedly deceived investors and created difficulties with asset withdrawals. The SFC has taken enforcement actions and urges investors to use only licensed trading services.
▶️ Check More Details Here:
https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR113
🔔 Court Permits Majority of SEC Claims to Proceed in Binance Lawsuit !
A U.S. court has allowed most SEC claims against Binance, including issues with its staking program, BNB ICO, and anti-fraud violations. Claims against former CEO Changpeng Zhao will also proceed, but those related to BNB secondary market sales and Binance USD (BUSD) sales were dismissed.
▶️ Check More Details Here:
https://www.courtlistener.com/docket/67474542/248/securities-and-exchange-commission-v-binance-holdings-limited/
🔔 Consensys Faces SEC Lawsuit Over MetaMask Swaps and Staking Services !
The U.S. Securities and Exchange Commission has sued Consensys for failing to register as a broker through its MetaMask swaps and staking services. The SEC claims Consensys engaged in unregistered securities sales via its staking programs and collected over $250 million in fees. The complaint also labels Lido and RocketPool's staking services as securities.
▶️ Check More Details Here:
https://storage.courtlistener.com/recap/gov.uscourts.nyed.517222/gov.uscourts.nyed.517222.1.0.pdf
🔔 Jesse Powell, the founder of Kraken, has donated $1 million to Donald Trump !
Kraken founder Jesse Powell announced a $1 million donation to Donald Trump's campaign, citing Trump's pro-crypto stance. Powell criticized the Biden administration's regulatory approach, which he believes weakens U.S. competitiveness in crypto. Powell, who stepped down as CEO in 2022, still serves as Kraken's chairman.
▶️ Check More Details Here:
https://x.com/jespow/status/1806569144294556146
⚡️ News Flash - 27 Jun 2024 !
1️⃣ MegaETH Labs, Developer of 'Real-Time' Blockchain, Raises $20M Led by Dragonfly
MegaETH Labs raised $20 million in a seed round led by Dragonfly Capital for its "real-time" Ethereum scaling protocol. Investors included Vitalik Buterin, Joseph Lubin, and others.
2️⃣ CleanSpark Purchases Bitcoin Miner GRIID for $155 Million
CleanSpark is purchasing GRIID Infrastructure for $155 million, securing 20 MW of production power and aiming for 100 MW in Tennessee by year-end, with a 2026 target of 400 MW.
3️⃣ Coinbase Alleges U.S. SEC and FDIC Improperly Blocked Document Requests
Coinbase is suing U.S. regulators over Freedom of Information Act requests related to SEC documents on token classifications. Its contractor, History Associates, is also suing the FDIC over letters to financial firms about pausing crypto activities.
4️⃣ Crypto Losses from Hacks and Scams Reach $573 Million in Q2: Immunefi
In Q2 2024, the crypto industry suffered $572.7 million in losses from 72 hacking incidents, with centralized finance (CeFi) being the primary target, accounting for 70% of the total losses.
5️⃣ Taiwanese Singer Nine Chen Faces Prosecution Over Alleged JPEX Fraud
Popular singer Nine Chen has been sent to prosecutors over suspicions of fraud related to Hong Kong's JPEX exchange, allegedly receiving 320,000 USDT to promote the exchange in Taiwan.
🔔 Breaking: VanEck Files for First Solana Exchange-Traded Fund (ETF) in the US !
▶️ Check More Details Here:
https://x.com/vaneck_us/status/1806313337866645783
🔔 Teleport Dao Announces TGE & Listing on 27 June !
Teleport DAO has announced its native token $TST token generation event and listing scheduled for 27 June. The $TST token will be listed on Bybit, Kucoin, Gate, and Bitget. the public price of $TST token is $0.075. The fully diluted valuation (FDV) is $75 million, and the total supply is 1 billion $TST tokens.
Teleport DAO enables trustless connections from Bitcoin to EVM chains and Bitcoin Layer 2 solutions through a light-client bridge. With over $55 million in on-chain volume and $12 million raised, it supports cross-chain applications and message transfers, positioning itself as a leader in the Bitcoin ecosystem.
▶️ Check More Details Here:
https://x.com/teleport_dao/status/1805979303307252117
▶️ Project Socials:
Website | Twitter | Telegram
🔔 US Government Transfers 3,940 BTC ($243M) from Silk Road Hack to Coinbase Prime !
▶️ Check More Details Here:
https://x.com/arkhamintel/status/1806012299494273149
🔔 German Government Transfers $15 Million in Bitcoin to Bitstamp and Kraken, According to Arkham !
According to Arkham the German government transferred approximately 250 BTC (worth $15.4 million) to cryptocurrency exchanges Bitstamp and Kraken. This follows a series of transactions totaling around $150 million sent to known crypto exchange addresses over the past week. The reasons for these transfers by the German government have not been officially clarified.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/entity/germany