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🔔 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.
⚡️ News Flash - 07 Sep 2024 !
1️⃣ Elon Musk's 'DOGE' Government Meme Sparks Political Speculation
Elon Musk hinted at possibly leading a new government institution if Donald Trump wins the 2024 U.S. presidential election. He teased the idea with a meme on X, blending references to both cryptocurrency and politics.
2️⃣ El Salvador Celebrates 3 Years of Bitcoin Adoption with $31M in Profits
El Salvador celebrates three years of Bitcoin as legal tender. The country, led by President Bukele, has seen its Bitcoin holdings profit by over $31 million since adoption.
3️⃣ Kalshi Achieves Significant Victory Over CFTC in US Prediction Market Case
A U.S. judge ruled in favor of Kalshi, allowing election betting derivatives, overturning a CFTC ban. Kalshi's CEO called it historic for U.S. election markets.
4️⃣ WisdomTree Withdraws Ethereum Trust S-1 Registration Filing
WisdomTree has withdrawn its S-1 filing for a spot Ether ETF, originally submitted in May 2021, and will not issue or sell securities under this registration. The firm requested to credit fees paid to the SEC for future use.
5️⃣ Bitcoin and Ethereum ETFs Hit New Lows Following Week of Bearish Price Action
U.S. Bitcoin and Ethereum ETFs hit multi-month lows with $170 million in outflows on Friday, bringing total value below $50 billion.
⚡️ News Flash - 05 Sep 2024 !
1️⃣ Ethereum Restaking Protocol EigenLayer Distributes Additional 86 Million Tokens
The Eigen Foundation will airdrop 86 million tokens on September 17. Most, 70 million, will go to node operators, with 10 million for ecosystem partners and 6 million for contributors and early supporters.
2️⃣ Thoma Bravo Founder Pledges to 'Never Touch' Crypto Again After FTX Investment Failure
Orlando Bravo's Thoma Bravo has exited crypto permanently after the collapse of FTX, which they had invested $900 million in. Following FTX's bankruptcy and Sam Bankman-Fried's fraud conviction, Bravo says they won't return to the crypto space.
3️⃣ JOJO Exchange Integrates Chainlink Data Streams on Base Mainnet
JOJO Exchange on Base network integrated Chainlink Data Streams for better price accuracy and faster data, enhancing security and user experience.
4️⃣ Crypto Travel Platform Travala Partners with Skyscanner, Adding 2.2 Million Hotels
Travala is now integrated with Skyscanner, marking the latter's first crypto partnership. This move aims to enhance travel planning for users preferring cryptocurrency payments, potentially reaching Skyscanner’s 110 million monthly users.
5️⃣ CFTC Fines Uniswap $175K for Offering Leveraged or Margined Trades Illegally
The CFTC fined Uniswap Labs $175,000 for offering illegal digital asset derivatives, citing regulatory violations. Uniswap Labs did not admit fault but settled the case.
⚡️ News Flash - 03 Sep 2024 !
1️⃣ 21.co Introduces Bitcoin Wrapper on Ethereum Blockchain
21.co is launching 21BTC, a Bitcoin wrapper on Ethereum, expanding its wrapped tokens. It aims to provide top-tier security and custody, competing with WBTC amid recent criticisms.
2️⃣ Creative Legal Fundings CEO Charged by SEC for Multimillion-Dollar Ponzi Scheme Targeting Filipino-Americans
The SEC charged Maria Dulce Pino Dickerson and her companies with defrauding over 130 investors out of $7 million in a Ponzi scheme. Dickerson allegedly promised high returns but used the funds for personal expenses. The SEC seeks penalties, and criminal charges have also been filed.
3️⃣ Justin Sun Unveils 100% On-Chain Buyback and Burn Strategy for SunPump
Justin Sun’s SunPump meme token will now use a 100% onchain buyback and burn process instead of burning LP tokens. This change, effective September 3, aims to simplify the process and enhance transparency. SunPump has recently outperformed Pump.fun in revenue and activity.
4️⃣ Terraform Wallet Transfers $62M in BTC Amid Do Kwon’s Ongoing Legal Uncertainty
A wallet linked to Terraform Labs and co-founder Do Kwon moved $62 million worth of Bitcoin on Sept. 2, according to Arkham Intelligence. The transfer involved over 1,075 BTC but it’s unclear if Kwon, who is awaiting extradition from Montenegro, was behind it.
5️⃣ SEC Charges and Settles with Galois Capital Over Crypto Custody Issues
The SEC charged Galois Capital for mishandling crypto assets and misleading investors. The firm failed to use qualified custodians and was affected by FTX's collapse. Galois agreed to pay $225,000 in penalties and cease violations.
⚡️ News Flash - 02 Sep 2024 !
1️⃣ Binance Executive Tigran Gambaryan Arrives at Nigerian Court on Crutches as Trial Continues
Binance exec Tigran Gambaryan, in poor health after six months in Nigerian detention, appeared in court on crutches. His lawyers seek bail on medical grounds; the judge allowed him a wheelchair.
2️⃣ Quidax Secures Nigeria’s First Crypto Exchange License from the SEC
Quidax is the first crypto exchange to get a provisional operating license from Nigeria's SEC, boosting regulatory oversight and trust in the industry.
3️⃣ Japanese Bitcoin Investor Metaplanet Collaborates with Ripple Partner SBI
Metaplanet, a major Japanese Bitcoin investor, has partnered with Ripple’s banking partner SBI VC Trade for Bitcoin trading and custody.
4️⃣ OKX Secures Major Payment Institution License in Singapore
OKX's Singapore entity has received a Major Payment Institution (MPI) license, allowing it to offer digital payment token and cross-border money transfer services. Gracie Lin has been appointed CEO of OKX SG to oversee new developments.
5️⃣ Donald Trump Surpasses Kamala Harris on Polymarket Once More
On Polymarket, Donald Trump's chances of winning the November election have risen to 50% as Kamala Harris' odds fell to 47%. Trump's odds peaked at 71% in July, dropped to 44% in August, but have now climbed back to lead Harris.
⚡️ News Flash - 31 Aug 2024 !
1️⃣ Hong Kong SFC Grants License to HKDAEx Despite Missed Deadline
Hong Kong's SFC has granted a digital asset exchange license to HKDAEx, despite missing the May 31 deadline. The company focuses on linking physical assets with digital ones to boost liquidity and value.
2️⃣ Vitalik Buterin Denies Profiting from Ether Sales
Ethereum co-founder Vitalik Buterin has denied accusations of selling millions in Ether for personal gain. He stated that his ETH sales were intended to fund crypto projects and charitable causes, not for personal profit.
3️⃣ Coinbase Facilitates First Crypto Transaction Between AI Agents
Coinbase CEO Brian Armstrong announced on Aug. 30 that Coinbase has completed its first AI-to-AI crypto transaction, marking a milestone in the use of AI for managing crypto trades.
4️⃣ Study Suggests Bitcoin Mining Could Help Reduce Methane Emissions
A paper in the Journal of Cleaner Production suggests Bitcoin mining can reduce methane emissions by using landfill gas-to-energy systems.
5️⃣ Elon Musk's X Reportedly Banned in Brazil Following Judge's Ruling
Brazil's Supreme Court has banned Elon Musk's platform X due to its failure to remove accounts spreading disinformation. The ban affects the entire country, with fines for VPN use to bypass it.
⚡️ News Flash - 29 Aug 2024 !
1️⃣ Trump Continues to Tease New Crypto Project, But Details Remain Vague
Former President Donald Trump teased his upcoming cryptocurrency project, World Liberty Financial, promising more details later today. He reiterated his goal to make the U.S. a global crypto hub, echoing remarks from his July speech at the Bitcoin 2024 conference.
2️⃣ Millions Lost as Mbappé's Hacked Account Promotes $460M Crypto Scam
Kylian Mbappé's X account was hacked on Aug. 29, leading to a fake crypto scheme that cost traders millions. One person lost over $1 million in Solana tokens.
3️⃣ CFTC Fines Nasdaq Futures, Inc. $22 Million for Core Principle Violations and Misleading Disclosures
The CFTC fined Nasdaq Futures, Inc. $22 million for failing to properly manage and disclose an incentive program, and for making false statements to the CFTC. The violations involved misleading the CFTC and not complying with required regulations.
4️⃣ Indian Court Orders Takedown of Scam Websites Impersonating Crypto Exchange Mudrex
Mudrex won a Delhi High Court order on Aug. 23 to shut down 38 scam websites impersonating the exchange. Scammers defrauded about 1,000 investors, causing over $50,000 in losses. The Ministry of Communication has a week to act on the order.
5️⃣ CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
Haru Invest CEO Hyung-soo Lee was stabbed in court on Aug. 28. The attacker has been arrested. Lee's injuries are not life-threatening.
⚡️ News Flash - 27 Aug 2024 !
1️⃣ New Zealand Implements OECD Crypto Reporting Framework in New Tax Bill
New Zealand's Minister of Revenue proposed a bill on August 26 to implement the OECD's Crypto-Asset Reporting Framework (CARF) and amend the Common Reporting Standard (CRS). The bill also includes provisions for annual tax rates and tax relief measures.
2️⃣ Celsius Bankruptcy Plan Administrator Disburses Over $2.5B
Celsius has distributed over $2.53 billion to 251,000 creditors, covering 93% of eligible value. Around 121,000 creditors still need to claim their distributions.
3️⃣ U.S. SEC Settles with Abra Over Unregistered Securities Sales
Abra has settled with the SEC over allegations that it improperly offered Abra Earn without registering it as a security. The firm agreed to cease violations and accepted potential civil penalties, following a previous settlement with 25 states to return up to $82 million to U.S. customers.
4️⃣ SEC Accuses Sound Point Capital Management of Compliance Failures with Nonpublic Information
The SEC has fined Sound Point Capital Management $1.8 million for inadequate policies on material nonpublic information (MNPI) related to collateralized loan obligations (CLOs). The firm failed to implement proper procedures until 2022 and 2024, respectively, for its own and third-party CLOs.
5️⃣ California Judge Rules SEC's Case Against Kraken Will Proceed to Trial
A California judge has ruled that the SEC's lawsuit against Kraken will go to trial. The SEC alleges Kraken violated securities laws. Kraken's dismissal motion was partly granted, but the case will proceed to trial.
🔔 Telegram Releases Official Statement on Pavel Durov's Detention !
Telegram issued its first statement supporting CEO Pavel Durov following his reported detention in France. Durov's status is unclear, with an official update expected on August 26.
▶️ Check More Details Here:
https://x.com/telegram/status/1827787345367834772
⚡️ News Flash - 24 Aug 2024 !
1️⃣ Polygon Regains Control of Discord After $145,000 Hack Amid POL Token Launch
Polygon regained control of its Discord server after a four-hour hack that led to the theft of $145,000 in assets from one user. The hacker posted a fake airdrop message ahead of Polygon's token migration from MATIC to POL. Polygon has disabled bots and is reviewing security.
2️⃣ Sygnum Issues $50M Bitcoin-Backed Syndicated Loan to Ledn
Sygnum issued the first-ever $50 million Bitcoin-backed syndicated loan to crypto lender Ledn. The loan will help Ledn expand its retail lending operations, using BTC as collateral.
3️⃣ Bitcoin Coinbase Premium Hits 39-Day Peak with $63K Reclaimed
U.S. Bitcoin interest hit a 39-day high after the Fed signaled a potential interest rate cut. The Coinbase Premium Index showed increased demand among U.S. investors.
4️⃣ PayPal Teams Up with Anchorage for PYUSD Stablecoin Rewards Program
PayPal and Anchorage Digital are launching a stablecoin rewards program for PayPal USD (PYUSD), offering yield without staking or lending. The program targets institutional clients and aims to boost PYUSD adoption. The stablecoin has recently grown significantly, surpassing USDD in market cap.
5️⃣ Judge Rules SEC Lawsuit Against Kraken Can Proceed
A federal judge has ruled that Kraken must face a lawsuit from the SEC, which alleges the exchange operated as an unregistered securities exchange. The SEC claims some tokens traded on Kraken, including ADA and MATIC, are securities.
⚡️ News Flash - 22 Aug 2024 !
1️⃣ Colombia's Regulator Issues Notice to Worldcoin Over Alleged Data Breach
Colombia's SIC has accused Worldcoin of violating personal data protection laws during its data collection in the country. Penalties could include fines or closure if found guilty.
2️⃣ Ex-FTX Executive's Partner Charged with Campaign Finance Violations
Michelle Bond, partner of former FTX co-CEO Ryan Salame, has been charged with campaign finance violations, including illegally funding her 2022 congressional run with $400,000 from a crypto firm and making false statements to cover it up.
3️⃣ OmegaPro Co-Founder Detained in Turkey Over Suspected $4B Ponzi Scheme: Reports
Andreas Szakacs, co-founder of OmegaPro, was arrested in Turkey in July for his alleged role in a $4 billion crypto Ponzi scheme. Authorities seized computers and 32 cold wallets, tracking $160 million in cryptocurrency. Szakacs denied the allegations.
4️⃣ Magic Eden to Integrate Ecosystem Token ME
Magic Eden is launching a utility token, ME, to facilitate cross-chain trading on its platform. The token will support transactions across various blockchains and integrate with other decentralized apps.
5️⃣ WazirX Cancels Open Orders to Address INR and Crypto Balance Issues
WazirX canceled all open orders and returned assets to users, aiming to resolve balance issues. This follows a $230 million exploit and a halted recovery program, with speculation about North Korea's Lazarus Group being involved.
🔔 McDonald's Instagram account seemingly hacked to promote Solana token 'Grimace' !
McDonald's Instagram was hacked to promote a Solana memecoin called GRIMACE, which quickly rose to a $20 million market cap before crashing. The posts have since been deleted.
▶️ Check More Details Here:
https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace
🔔 Dogs (DOGS) Farming Starts On Binance Launchpool From 23 Aug !
▶️ Token Info:
▪️Ticker: $DOGS
▪️Max Token Supply: 550B $DOGS
▪️Launchpool Rewards: 22B $DOGS (4% of total token supply)
▪️Initial Circulating Supply: 516.75B $DOGS (~93.95% of total token supply)
▶️ Staking Info:
▪️ Token staked: BNB, FDUSD
▪️ Farming period: 23 Aug ~ 25 Aug
▪️ Hourly Hard Cap per User:
▫️ BNB: 25,972,222.22 $DOGS
▫️ FDUSD: 4,583,333.33 $DOGS
▶️ Listing Info: Binance will list $DOGS on 26 Aug, 12:00 (UTC)
▶️ Check More Details Here :
https://www.binance.com/en/support/announcement/fc967d5825774984829b96943a42fadf
🔔 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.
⚡️ News Flash - 06 Sep 2024 !
1️⃣ Atari Founder’s New Venture Teams Up with Skale Labs for Gas-Free Blockchain Gaming
Moxy has teamed up with Skale Labs to create a Web3 ecosystem with gasless transactions, migrating its Moxy Token (WMOXY) to the SKALE Protocol. Skale Labs' CEO expressed excitement about the partnership.
2️⃣ Crypto PACs Spend $14M Targeting Key US Senate and House Races
The Fairshake PAC has spent over $6.9 million supporting pro-crypto candidates in key congressional races ahead of the 2024 U.S. election, focusing on Alaska, Iowa, North Carolina, and Colorado.
3️⃣ Magic Eden's Multi-Chain NFT Market Soars with $60 Million Daily Volume as ME Token Hype Grows
Magic Eden's daily NFT trading volumes surged from $1M to $30M, peaking at $60M. The marketplace is set to launch its ME utility token and currently dominates 80% of Bitcoin Ordinals and Runes trading.
4️⃣ Robinhood to Settle for $3.9 Million Over Crypto Customer Lock-In Charges
Robinhood Crypto will pay $3.9 million to settle claims it misled investors and failed to deliver digital assets between 2018 and 2022.
5️⃣ Ripple Labs Co-Founder Chris Larsen Supports Kamala Harris
Former Ripple CEO Chris Larsen, along with 88 other business leaders, has endorsed Kamala Harris for the 2024 presidential election, citing her support for American businesses and investment.
🔔 JUST IN: Amazon Prime Video X Account Possibly Hacked, Promotes $PRIME Solana Token !
Читать полностью…
🔔 Pump.fun Hits $100 Million in Revenue as Polymarket Leads Over NFTs in August !
The crypto platforms Pump.fun and Polymarket have surged in popularity, each built on speculation. Pump.fun, a memecoin launchpad, hit $100 million in revenue but recently saw a dip, raising sustainability concerns. Polymarket, a prediction marketplace, continues to thrive by encouraging informed trading.
▶️ Check More Details Here:
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
⚡️ News Flash - 30 Aug 2024 !
1️⃣ Solo Miner Wins $200K Bitcoin Reward with Only 0.012% of Hashrate
A solo Bitcoin miner hit the jackpot by processing block 858,978, earning nearly $200,000. The miner received 3.27 BTC for successfully processing the block, which contained 2,391 transactions.
2️⃣ Elon Musk and Tesla Win Dogecoin Manipulation Lawsuit
Elon Musk and Tesla won the dismissal of a $258 billion lawsuit accusing them of manipulating Dogecoin's price. A judge ruled that Musk's tweets were "aspirational and puffery," not factual statements that could mislead investors.
3️⃣ Former FTX Exec Withdraws Request to Vacate Guilty Plea, Refers Case to Partner's Proceedings
Ryan Salame, ex-FTX Digital Markets co-CEO, withdrew his petition to vacate his guilty plea, leaving the issue to be addressed in his partner Michelle Bond's case, where similar charges are involved.
4️⃣ French President Macron Rejects Claims of Inviting Pavel Durov to France
French President Emmanuel Macron said he was unaware of Pavel Durov’s visit to France and did not invite him. Macron emphasized that Durov’s case will be handled by the French justice system, denying any political motives behind the arrest.
5️⃣ South Korea’s ‘Google’ Unveils Crypto Wallet for 33 Million Users
South Korean tech giant Naver is launching its first crypto wallet, Naver Pay Wallet, in collaboration with the sports-focused blockchain Chiliz. The wallet, available to over 33 million Naver users, will support fan tokens and is managed by Naver subsidiary Naver Pay.
⚡️ News Flash - 28 Aug 2024 !
1️⃣ Pavel Durov Transferred to Court After Arrest in France
Telegram founder Pavel Durov has been released from French custody and is now facing court questioning for possible indictment related to Telegram's moderation issues.
2️⃣ Telegram Game 'Hamster Kombat' Announces Token Launch and September Airdrop
Hamster Kombat will launch its HMSTR token on TON with an airdrop on September 26. The Telegram game has over 300 million players.
3️⃣ OpenSea Faces SEC Wells Notice Over NFT Classification, Pledges $5M for Creator Legal Support
OpenSea got a Wells notice from the SEC, which may sue for classifying NFTs as securities. OpenSea disagrees, calling NFTs art and collectibles. They’re offering $5 million to help NFT creators with legal costs.
4️⃣ WazirX Seeks 'Breathing Space' to Restructure Liabilities After $230 Million Exploit
Zettai Pte Ltd, owner of WazirX, has requested a 30-day moratorium in Singapore to restructure after a $230 million hack. A court hearing is pending.
5️⃣ Aave Exploited Through Periphery Contract, $56K Stolen from 'Tip Jar'
Aave’s periphery contract was hacked for $56,000, but no user funds were at risk. The breach affected the ParaSwapRepayAdapter contract, which wasn’t audited. Aave confirmed the main protocol is secure.
⚡️ News Flash - 26 Aug 2024 !
1️⃣ French Authorities Can Detain Pavel Durov Until Aug 28
French prosecutors revealed that Telegram CEO Pavel Durov was arrested on charges including complicity in illegal activities and money laundering. His custody is extended until August 28. President Macron denied any political motive behind the arrest, emphasizing France's commitment to free expression.
2️⃣ SEC Grants $24 Million in Awards to Two Whistleblowers
The SEC awarded over $24 million to two whistleblowers for information that led to enforcement actions. One received $4 million, and the other $20 million, for their crucial contributions.
3️⃣ Bitcoin Inflows Reach $543 Million Last Week Amid Interest Rate Cut Speculation: CoinShares
Bitcoin saw $543 million in inflows last week after Fed Chair Jerome Powell's dovish comments on inflation and potential rate cuts, according to CoinShares. Powell's remarks boosted Bitcoin's price from below $61,000 to around $63,500. August inflows now total $225 million.
4️⃣ Concerns Mount Over Binance Executive's Health During Detention in Nigeria
Binance executive Tigran Gambaryan, detained in Nigeria for six months on financial crime charges, is experiencing severe health issues due to untreated medical conditions and negligence. His family reports he can no longer walk and is denied a wheelchair.
5️⃣ Binance to List Eurite (EURI) and Offer Zero Trading Fees on EURI
Binance will list Eurite (EURI) on August 28, 2024, with trading pairs EUR/EURI and EURI/USDT. The exchange is offering zero fees for EURI trades. Deposits are open, and withdrawals start on August 29, 2024.
🔔 JUST IN: Telegram CEO Pavel Durov Reportedly Arrested in France !
Telegram CEO Pavel Durov has reportedly been arrested in France on multiple charges, though the reports are unconfirmed. Following the news, Telegram's TON cryptocurrency dropped over 13%.
⚡️ News Flash - 23 Aug 2024 !
1️⃣ $24M CryptoPunk Sale Signals NFT Market Uncertainty
The NFT market is facing declines, with CryptoPunk #5822, once sold for $23.7 million, recently transferred for an undisclosed amount. This shift raises concerns about the future of digital collectibles.
2️⃣ El Salvador Increases Bitcoin Holdings by 162 BTC Through Daily Purchases
El Salvador, the first country to adopt Bitcoin as legal tender, has been consistently increasing its Bitcoin reserves, purchasing one Bitcoin daily since March 16, according to Arkham Intelligence.
3️⃣ Bitcoin Transaction Fees Surge 937.7% in 24 Hours
On August 22, Bitcoin transaction fees jumped 937.7%, from $0.74 to $7.679, due to increased network demand. Previously, fees had been stable, mostly under $2. Low fees benefit users but can reduce miner revenue.
4️⃣ SEC Opposes Richard Heart's Motion to Dismiss $1B Securities Lawsuit
The SEC has opposed Hex founder Richard Heart’s attempt to dismiss its $1 billion lawsuit, asserting its authority to pursue the case. Heart argues the SEC lacks jurisdiction since he lives abroad and was not in the U.S., but the SEC contends he disregards key allegations and legal standards.
5️⃣ Changpeng Zhao Transferred to Field Office Custody Before September Release
Changpeng “CZ” Zhao has been transferred to an administrative facility in the Greater Los Angeles area ahead of his September 29 release. Zhao, sentenced to four months in prison for AML program failures, began serving his sentence on May 31. The reason for the early transfer is unclear.
🔔 FTX Reports Strong Creditor Support for Reorganization Plan !
FTX Trading Ltd. announced that its amended Plan of Reorganization has received strong preliminary support from over 95% of voting creditors, representing 99% of voted claims by value. The plan aims to return 100% of bankruptcy claim amounts plus interest to non-governmental creditors. Final voting results will be submitted before the Confirmation Hearing on October 7, 2024.
▶️ Check More Details Here:
https://twitter.com/FTX_Official/status/1826365362998501704
⚡️ News Flash - 20 Aug 2024 !
1️⃣ Mt. Gox Transfers $700M in Bitcoin, Marking First Significant Move in 3 Weeks
Defunct crypto exchange Mt. Gox transferred around 12,000 Bitcoin (worth $709.4 million) to an unknown wallet on August 20. An additional 1,265 BTC ($74.8 million) was moved to a labeled Mt. Gox cold wallet, where the funds remain.
2️⃣ 'jaredfromsubway' MEV Bot Resurfaces with Fresh Attacks
The MEV bot "jaredfromsubway.eth" has returned with enhanced capabilities for more sophisticated "sandwich" attacks, making it harder to track and analyze. The bot uses advanced techniques to manipulate DeFi protocols and generate profits.
3️⃣ Montenegro Arrests FutureNet Co-Founder in Connection with Alleged $21M Crypto Fraud
Montenegrin police arrested Roman Ziemian, co-founder of the $21 million FutureNet crypto fraud scheme. He faces life imprisonment in South Korea and Poland. Ziemian is awaiting extradition after being found using a false identity.
4️⃣ CZ and Binance Hit with New Lawsuit Alleging Crypto Laundering
Binance and former CEO Changpeng Zhao are facing a class action lawsuit alleging the exchange failed to prevent money laundering, causing stolen crypto to become untraceable. The lawsuit was filed on Aug. 16 in Seattle.
5️⃣ Malaysian Authorities Destroy Hundreds of Bitcoin Mining Rigs Using Steamroller
Malaysian authorities destroyed 985 Bitcoin mining rigs on Aug. 19 to combat electricity theft. The operation, led by the Perak District Police Headquarters, involved equipment worth about $450,000.
⚡️ News Flash - 19 Aug 2024 !
1️⃣ Tether Launches USDT Stablecoin on Aptos Blockchain
Tether is launching its USDT stablecoin on the Aptos blockchain, offering lower-cost transactions. Aptos, co-founded by former Meta engineers, aims to support scalable decentralized applications.
2️⃣ Malaysian Officials Detain Seven Individuals for Power Theft Associated with Bitcoin Mining
Malaysian authorities arrested seven people—three locals and four foreigners—last week for allegedly stealing electricity to power bitcoin mining operations. The police seized 52 mining rigs and other devices valued at approximately $57,000.
3️⃣ Ava Labs COO's X Account Likely Hacked After Posting Memecoin
Ava Labs COO Luigi D’Onorio DeMeo's X account was hacked on August 19, posting about a Pokémon-themed memecoin, Pika (PIKA), and suspicious airdrops. The posts were deleted, and users are advised to avoid the links.
4️⃣ Partial Dismissal in Shaquille O’Neal's Legal Battle Over Astrals NFT Case
A Miami court ruled that Shaquille O’Neal was involved in promoting the Solana NFT project Astrals as a "seller," but dismissed claims that he was a "control person" in a securities lawsuit.
5️⃣ ASIC Shuts Down Over 600 Crypto Scam Websites in Year-Long Crackdown
Australia's financial regulator, ASIC, removed 615 cryptocurrency scams in the past year, contributing to over 7,300 scam websites taken down since July 2023, with $1.3 billion lost to investment scams.