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Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔔 MARKET MOVING NEWS! (05/05/24)
1️⃣ Vodafone Looks To Integrate Crypto Wallets With SIM Cards ‼️
United Kingdom-based telecommunications provider Vodafone is reportedly planning to bring blockchain technology to smartphone users by integrating cryptocurrency wallets with subscriber identity module (SIM) cards.
The plans were revealed by Vodafone’s Blockchain Lead David Palmer in a recent interview with Yahoo Finance Future Focus. Palmer stated,
By 2030 we’re expecting more than 20 billion mobile phones to be in operation, many of those being smartphones. […] So we’ve focused on linking the sim card to digital identity, linking the sim card to blockchains, and using the cryptography we have in those sim cards for that integration.
The founder of MystenLabs does not control the Sui Foundation treasury, the community reserve, stake subsidies, or any tokens allocated to investors […] Sui Foundation is the largest holder of locked tokens, which will be unlocked in accordance with the public emissions schedule. These tokens are used to support builders, advance the Move programming language, increase network security, and grow the ecosystem through initiatives like developer grants, hackathons, bug bounties, academic research, and more […] 100% of staking rewards earned by the Sui Foundation are returned to the community, and included in the public emission schedule.
Their post was published the 25th of April, giving 7 days to contact them. Yet we discovered about this claim only yesterday. If they had any real information they would have asked a ramson [sic] through our bug bounty, customer support ticket, emails, twitter etc. We couldn't find any request.
🔔 MARKET MOVING NEWS! (04/05/24)
1️⃣ Bitcoin Price Rises Above $61K Following US Unemployment Data 📈
The price of BTC surged following the publication of the government's Nonfarm Payrolls report on Friday morning. Notably, the report stated that the unemployment rate for April was 3.9%, which is higher than analysts’ forecasts of 3.8% and March's 3.8%. It also showed that the U.S. economy added 175,000 jobs in April, this is lower than forecasts for 243,000 jobs and March's 315,000. This is bullish since labour market weakness makes it more likely that the Fed will consider lowering interest rates, which increases the attractiveness of risk assets like stocks and crypto
Source
2️⃣ Trader Loses $68M In Address Poisoning Scam 🥶
According to blockchain security firm Cyvers, an unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction after falling victim to an address-poisoning exploit.
Address poisoning is a technique that involves tricking the victim into sending a legitimate transaction to the wrong wallet address by spamming their transaction history with transactions from a wallet address that mimics the first and last six characters of the true wallet address. In this case, the exploiter mimicked a 0.05 ether (ETH) transaction before receiving 1,155 WBTC from the victim.
Source
3️⃣ BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge ⚡️
According to an announcement from the U.S. Department of Justice, Alexander Vinnik, the Russian co-founder of the former BTC-e crypto exchange, pleaded guilty to a charge of conspiring to commit money laundering.
Vinnik was an operator of BTC-e between 2011 and 2017 and the exchange reportedly processed more than 1 million users transacting over $9 billion in crypto before it was shut down in July 2017. Notably, BTC-e was linked to the hack of the now-defunct crypto exchange Mt. Gox after it was used to launder some 300,000 (BTC) from Mt. Gox.
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4️⃣ Former Cred Execs Face Wire Fraud and Money Laundering Charges ▶️
Daniel Schatt, Joseph Podulka, and James Alexander - three former executives of bankrupt cryptocurrency lender Cred were reportedly indicted Thursday on charges of conspiracy to commit wire fraud, wire fraud and engaging in financial transactions for illicit purposes. Prosecutors allege that the three executives misled customers about Cred’s lending and investment practices by claiming to only engage in “collateralised or guaranteed lending,” when in fact it was not. Schatt and Podulka appeared in court for the first time on May 2 and must return to enter a plea on May 8. Alexander’s initial court date has not yet been set.
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5️⃣ LayerZero Offers Sybil Farmers Chance To 'Self-Report' In The Name Of Durability 🔍
LayerZero Labs has announced a solution to address Sybil activity from users who were farming the project’s upcoming airdrop. The creator of the cross-chain communication protocol introduced a self-reporting mechanism, offering sybil users 15% of their planned token allocation for honesty within a defined 14-day period. LayerZero stated that it believes it’s important for its protocol to distribute tokens to genuine, committed network users rather than individuals who engage in sybil farming.
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6️⃣ Grayscale Bitcoin ETF Snaps Losing Streak, Pulls In $63 Million 🔼
Grayscale Investments has reportedly achieved its first day of net positive inflows for the Grayscale Bitcoin Trust (GBTC), ending an 11-week streak of net negative outflows since its conversion to a Bitcoin exchange-traded fund (ETF) in January. According to Farside’s preliminary data, Grayscale’s GBTC recorded $63 million in inflows on May 3 after recording approximately $17.5 billion of outflows since the 11 spot Bitcoin ETFs launched on Jan. 11.
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Watching the value of my airdrop go from 7 figures to 5 figures in the span of 2 hours while I keep refreshing the page trying to claim....still can't claim. Adds insult to injury.
🔥 Rally Report 🔥
ARWEAVE
The price of AR has rallied by 13% in the past 24 hours.
WHY?!
🎙 Coinbase announced that it was adding support for Arweave perpetual futures on Coinbase International Exchange and Coinbase Advanced.
🔍 The opening of AR-PERP markets will begin on or after 9:30AM UTC on 9th May 2024.
If you want to buy or trade AR, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 16% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among meme coins on the Solana network.
🔍 According to data shown on Coingecko, the total market cap for meme coins created on Solana sits at over $6.9 billion, up by roughly 7% in the last 24 hours. Interestingly, the rally seems to be largely led by ‘cat-themed’ meme coins on Solana. This includes coins such as POPCAT, MEW, MANEKI and HOBBES.
If you want to buy or trade WIF, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Do you know what money is? If you think it’s the paper bills in your wallet or your bank account balance, you’d be mistaken. That’s not money, that’s currency.
This fundamental fact is why so many of us have had such a hard time getting ahead – we haven’t been working for money, we’ve been working for currency.
This begs the question of what actual money is, and in today’s video, we give you what the most comprehensive answer is probably you will find.
Notably, this information will help you make actual money.
Enjoy!
🔥 Rally Report 🔥
STARKNET
The price of STRK has rallied by 6% in the past 24 hours.
WHY?!
‼️ Chinese police have captured a person suspected of identity forgery related to the STRK airdrop.
🔍 According to the report, the suspect assumed other people’s identities and submitted over 40 false Early Community Member Program (ECMP) airdrop forms, claiming over 40,000 STRK tokens that initially belonged to the victims.
If you want to buy or trade STRK, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (30/04/24)
1️⃣ Ethereum Restaking Protocol EigenLayer Reveals Token and Airdrop Plans ‼️
The Eigen Foundation, which supports the Ethereum restaking protocol EigenLayer, released a white paper on Monday confirming plans for an EIGEN token. The token will reportedly be used for apps that rely on intersubjective agreement, such as prediction markets, storage services, and gaming virtual machines.
Based on a snapshot of eligible wallets taken last month, the Eigen Foundation said the EIGEN token airdrop will take place between May 10 and September 7. The initial "stakedrop" allocates 5% of the total token supply to users who engaged in staking activities as of March 15. However, several jurisdictions, including the United States and Canada, have been excluded from the upcoming airdrop.
Source
2️⃣ SEC Has Secretly Considered Ethereum a Security Since 2023, Says Consensys in Unredacted Lawsuit 🤔
According to recently unredacted portions of an SEC lawsuit filed by software giant Consensys, the SEC and its chair, Gary Gensler, have internally considered Ether to be a security for at least a year.
Specifically, Consensys’ complaint states that Gurbir Grewal, the Commission’s Director of the Division of Enforcement had issued an internal Formal Order on March 28, 2023, announcing an investigation into “Ethereum 2.0.” This order authorised SEC employees to investigate and subpoena parties involved in the buying and selling of ETH.
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3️⃣ Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint 🕯
The day one performance of the recently launched Bitcoin and Ethereum exchange-traded funds (ETFs) in the Hong Kong markets has reportedly disappointed market analysts. Notably, the six new crypto ETFs' total trading volume at the closing bell on day one in Hong Kong was 87.58 million Hong Kong dollars ($12 million). This number is a fraction of the expected $100 million and also pales in comparison to the first-day trading volume of U.S. Bitcoin ETFs, which was valued at $4.6 billion. Specifically, Bitcoin ETFs accounted for $8.5 million of the tally, while ether ETFs contributed the rest.
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4️⃣ Tether Stablecoin Firm Tether Invests $200M In Neurotech Company 💰
Stablecoin issuer Tether has announced a strategic investment of $200 million into Blackrock Neurotech, becoming the majority stakeholder in the neural implant company. Notably, the investment follows the recent restructuring of its business. The investment was carried out through Tether Evo, a brand-new division at Tether focused on the intersection of human potential and technology.
To be clear, Blackrock Neurotech is not related to the asset management giant BlackRock. Blackrock Neurotech is a global pioneer of human brain-computer-interface (BCI) technology, known for its advanced brain-computer interfaces. The firm is committed to helping millions of people around the world afflicted with paralysis, lost function and neurological disorders that prevent them from walking, seeing, hearing, feeling or talking.
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5️⃣ Samourai Wallet's Keonne Rodriguez Pleads Not Guilty To Money Laundering, Transmitting Charges 🔍
Samourai Wallet co-founder Keonne Rodriguez has reportedly pleaded not guilty to two criminal charges relating to his creation of a tool that makes crypto transactions difficult to trace. The two charges Rodriguez faces are ‘Conspiracy to commit money laundering’ and ‘conspiracy to operate an unlicensed money transmitting business,’ carrying a combined maximum prison sentence of 25 years.
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6️⃣ Bankruptcy Judge Signs Off On $450M FTX-Voyager Settlement ☄️
🚨 New Video Alert!! 🚨
It’s been a week, and that means it’s time for another weekly crypto review! Spot Bitcoin ETFs seem to be slowing, but we haven’t seen any big outflows just yet, and a recovery rally could be coming.
On the Ethereum front, there’s renewed speculation that the spot Ethereum ETFs could pass. At the same time, there are big moves in stablecoin regulations that could give ETH a big boost.
For macro, the collapse of the yen is the biggest, and it could have a profound effect on the crypto market. Stick around until the end to find out where last week’s top performing tokens are headed next!
🔔 MARKET MOVING NEWS! (28/04/24)
1️⃣ Phoenix And Wasabi Exit US Market Amid Self-Custody Wallet Crackdown ⚡️
Two self-custodial Bitcoin wallet providers - ACINQ's Phoenix Wallet and zkSNACKs’ Wasabi Wallet, have announced that they are discontinuing services for United States customers in response to the recent crackdown on two major self-custodial crypto wallet providers (Metamask and Samourai Wallet). Phoenix Wallet users have until May 2 to adjust to the upcoming changes, while the new policy at Wasabi Wallet was implemented “effective immediately.”
Both ACINQ and zkSNACKs raised concerns about self-custodial wallet providers being seen as legitimate money service businesses. ACINQ explained,
Recent announcements from US authorities cast a doubt on whether self-custodial wallet providers, Lightning service providers, or even Lightning nodes could be considered Money Services Businesses and be regulated as such.
The defendant cannot obtain dismissal of the Indictment by simply making factual assertions about his own contested view as to how the Tornado Cash service operated and based on his own self-serving version of his intent or lack thereof when taking certain acts.
🚨 New Video Alert!! 🚨
It’s been a hairy few weeks in the markets.
But let’s not forget how far we’ve come: crypto went on a monster run in Q1 2024, and BTC is still up a lot.
It’s important to keep the big picture in sight. That’s why today we are breaking down a new Q1 market report from one of the biggest companies in crypto. It covers BTC’s price action and the state of the market in 2024; onchain analysis from Ethereum and Solana; CEX and DEX metrics compared, and more.
By the end of this video, you’ll have a razor sharp understanding of where we are in the current cycle, how we got here, and how you can set yourself up for success in Q2.
You don’t want to fade this one - see you at the like button!
🔥 Rally Report 🔥
AKASH NETWORK
The price of AKT has rallied by 8% in the past 24 hours.
WHY?!
📈 The rally seems to be led by speculative trading activity on South Korean crypto exchanges.
🔍 Notably, the AKT/KRW pair on the South Korean crypto exchange Upbit saw a daily trading volume of $62M, accounting for nearly 78% of AKT’s global trading volume today.
If you want to buy or trade AKT, we have an exclusive trading fee discount of up to 60% on Kucoin 👇
🔗 https://www.coinbureau.com/deals/trading/kucoin/
🚨 New Video Alert!! 🚨
Ahhh, Casey Rodarmor. The gift that keeps on giving - even if the gifts aren’t always to everybody’s taste.
If you’re not sure who Casey is, he’s the chap that brought us Bitcoin Ordinals and Inscriptions last year. These were just some of his controversial ideas. His latest one? Runes.
Launching simultaneously with the Bitcoin Halving, Runes have quickly become a hot topic in the Bitcoin community, mostly because they’re essentially just memecoins on the Bitcoin blockchain. Casey himself describes the Runes protocol as “shitcoining on Bitcoin”.
But, could there be more to Runes than meets the eye? Today, we’ll be taking a look at the Runes protocol, including how it works, future potential, and even show you how you can get your hands on some.
Enjoy!!
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 25% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among dog-themed meme coins.
‼️ The rally follows the publication of the U.S. government’s Nonfarm Payrolls report. The report forecasted that the unemployment rate for April was 3.9%, which was 0.1% higher than the expected 3.8%. High unemployment rates are ironically bullish since they make it more likely that the Fed will consider lowering interest rates, increasing the attractiveness of risk assets like stocks and crypto, including meme coins.
If you want to buy or trade WIF, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (03/05/24)
1️⃣ PayPal Expands Crypto Offerings With MoonPay Integration 🤝
Fintech giant PayPal has reportedly partnered with MoonPay to expand its cryptocurrency offerings, providing its more than 426 million customers access to over 100 digital assets. The partnership will also allow MoonPay users in the U.S. to seamlessly buy crypto with PayPal through wallet transfer, bank transfer, and debit card transactions. MoonPay believes that this will help avoid the kinds of banking hurdles that some users have encountered with crypto purchases.
A MoonPay spokesperson stated,
Frequently, crypto purchases fail when users attempt to use their debit cards directly due to certain bank restrictions. MoonPay's partnership with PayPal offers a solution, significantly increasing the success rate of crypto transactions—even when using the same debit card.
Our collaboration with Chainalysis marks a pivotal step in our ongoing commitment to establishing transparency and security within the cryptocurrency industry. […] This collaboration reinforces our proactive approach to safeguarding our ecosystem against illicit activities.
🔔 MARKET MOVING NEWS! (02/05/24)
1️⃣ Spot Bitcoin ETFs Record Largest Daily Net Outflows Ever 🔽
Yesterday, United States-based spot Bitcoin ETFs posted record net outflows with $563.7 million leaving the funds. Notably, Fidelity’s FBTC experienced the largest net outflows, with over $191 million moving out of the fund, followed by Grayscale’s GBTC with $167.3 million net outflow. BlackRock’s iShares Bitcoin Trust also saw its first-ever outflow day with $36.9 million of outflows.
Source
2️⃣ Pike Finance Clarifies ‘USDC Vulnerability’ Statement On $1.6M Exploit ▶️
DeFi lending protocol Pike Finance suffered an exploit on April 30th that led to the loss of $1.68 million worth of digital assets across the Ethereum, Arbitrum and Optimism chains. Following the exploit, the team published an announcement saying that the exploit was related to a “USDC vulnerability.” This statement led to confusion among users as it seemed to hint at problems with the stablecoin issued by Circle. In an attempt to clear up this confusion, Pike has published a statement clarifying that the root cause of the exploit is unrelated to the functionality of USDC-issuer Circle product offerings. Rather, the exploit was caused by “weak security measures” in Pike's contract functions when handling transfers with the Cross-Chain Transfer Protocol (CCTP), a service provided by Circle.
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3️⃣ MicroStrategy Is Building ‘Decentralised ID’ on Bitcoin Using Ordinals-Like Inscriptions 💸
During a presentation at the annual MicroStrategy World conference in Las Vegas, MicroStrategy co-founder and Executive Chairman Michael Saylor announced the launch of ‘MicroStrategy Orange’ – an open-source decentralised identity solution on the Bitcoin network that uses Ordinal-based inscriptions to store and retrieve information.
MicroStrategy has published an unofficial draft of the MicroStrategy Orange specification on Github. The platform consists of three fundamental pieces - Orange Service, Orange SDK and Orange Applications. Orange Service allows users to issue DIDs to their personnel and deploy applications, while Orange SDK and Orange Applications provide customization tools to integrate specific services on mobile and desktop devices.
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4️⃣ Jack Dorsey's Block Faces Scrutiny From Federal Authorities Over Non-Compliant Crypto Services ‼️
According to an NBC News report, federal prosecutors are investigating fintech firm Block's Square and Cash App units over alleged sanctions violations and regulatory non-compliance issues. Specifically, Block's crypto unit is under scrutiny for allegedly processing transactions linked to sanctioned countries and terrorist organizations. Former employees of Block are cooperating with prosecutors as they uncover compliance failures within the company. NBC News has quoted a former Block worker saying that “everything in the compliance section was flawed,” with thousands of questionable transactions allegedly going unreported to the U.S. Office of Foreign Assets Control.
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5️⃣ Proposed US Bill Wouldn’t Allow Taxing Block Rewards At Acquisition 🔍
U.S. lawmakers Rep. Drew Ferguson and Rep. Wiley Nickel have reportedly introduced the Providing Tax Clarity for Digital Assets Act to the U.S. House of Representatives. The bill seeks to clarify how Bitcoin and crypto miners are taxed over block rewards. Notably, the proposed legislation states that staking rewards would be considered created property under U.S. tax code, and that taxes on block rewards would be collected at the point of sale.
Crypto advocacy group Coin Center described the bill as having “sensible policies” and the Crypto Council for Innovation CEO Sheila Warren called the legislation “right on point” for providing needed guidance. She stated that the proposed bill would “resolve major issues with how cryptocurrencies are taxed today and put the technology on a level playing field.”
Source
🔔 MARKET MOVING NEWS! (01/05/24)
1️⃣ Former Binance CEO Changpeng Zhao Sentenced To Four Months In Prison ▶️
Changpeng Zhao (CZ), the former CEO of crypto exchange Binance, was sentenced to four months in prison on Tuesday in Seattle. While prosecutors sought 36 months of imprisonment for CZ, Judge Richard Jones disagreed with that recommendation and said Zhao was never informed of illegal activity.
CZ also made a heartfelt plea for forgiveness and a second chance in a letter submitted to the court on April 24. The letter reads,
I apologize for my poor decisions and accept full responsibility. Rest assured that [this] will never happen again. Please accept my assurance that this will be my only encounter with the criminal justice system…
There are a couple of considerations that we had in mind when determining the best way to add Lighting support. The first thing is that we decided to use a non-custodial integration partner, because when you look at Lightning’s design, it does have this optimization component. The second thing is that when we think about distribution of duties, it makes sense for Coinbase to focus on the security, and the user experience portion, it makes sense to outsource that.
Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware has reportedly granted a motion authorising debtors for defunct cryptocurrency exchange FTX to enter a $450-million settlement agreement with bankrupt firm Voyager Digital. This will allow both parties to agree that $5 million held in escrow by Voyager and an additional $445 million involved in a loan repayment lawsuit from Alameda Research will be released to the firm’s debtors. FTX will also “relinquish any and all rights” to the funds.
Source
🔔 MARKET MOVING NEWS! (29/04/24)
1️⃣ Friend.tech V2 Goes Live as Hype Builds for 100% Airdrop of FRIEND Token ☄️
The team behind blockchain-based social app friend.tech have reportedly taken a snapshot for the much-anticipated 100% airdrop of its FRIEND token. Notably, the announcement comes as the project prepares to launch its much-anticipated version 2.
Version 2 of the platform introduces several new features, including Money Club - a feature which will allow communities to manage shared treasuries and mint tradable onchain collectibles, like NFTs, meme coins, and other kinds of media. The platform is also rolling out its new point system and custom curves, which enable users to create their own engagement metrics.
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2️⃣ Bitcoin ETF Bandwagon Heads to Australia After $53 Billion Haul in US ✨
According to a Bloomberg report, Australia’s Australian Securities Exchange (ASX) is expected to approve the first batch of spot bitcoin ETFs before the end of 2024. Specifically, anonymous sources reportedly stated that spot Bitcoin ETF applications from VanEck Australia and local ETF-focused fund manager BetaShares are set to be approved before the year is through.
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3️⃣ Mango Markets Exploiter Charged with Possession of Child Pornography ‼️
Mango markets exploiter Avraham Eisenberg has reportedly been charged with the possession of child pornography. Court documents dated April 3, but released on April 26, allege that some of the images in his possession were of prepubescent minors who were under the age of 12. However, these allegations have yet to be proved in court. A prior court document filed in August revealed that the material was first discovered on Eisenberg’s cell phones and laptops during an initial search of them related to the charges of market manipulation and fraud.
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4️⃣ Solo Bitcoin Miner Wins The 3.125 BTC Lottery, Solving Valid Block 💸
According to a tweet by Con Kolivas, a software engineer and administrator from the solo mining pool ckpool, a single Bitcoin miner has defied the odds by solving a Bitcoin block alone, netting them the full 3.125 BTC block reward. Notaby, this marks the 282nd solo block in Bitcoin’s history. The solo miner reportedly had a large hash rate of around 120 petahashes per second (PH/s) at the time, equal to around 0.12 exahashes per second (EH/s), with an average of around 12 PH/s over a week, which is roughly 0.02% of the total network hash rate.
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5️⃣ Sam Altman’s OpenAI Reportedly In Partnership Talks With His Other Firm, Worldcoin 🔍
Sam Altman’s artificial intelligence company OpenAI is reportedly in partnership talks with Tools For Humanity’s Worldcoin, a cryptocurrency-based universal basic income and identity verification firm also co-founded by Sam Altman. The partnership would reportedly see OpenAI providing AI solutions and services to Worldcoin with the possibility for further synergy down the road.
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🚨 New Video Alert!! 🚨
Ever since the spot Bitcoin ETFs have been approved, it seems that everyone in crypto is suddenly a fan of Blackrock. This is a bit strange considering that Blackrock was once staunchly opposed to crypto.
Why the narrative change? Well, it appears that Blackrock is taking advantage of the crypto industry to advance its agenda, which is to tokenise every single asset on the planet, including you.
These plans have been made public, and have been blindly applauded by many in the crypto industry. Make no mistake, this won’t be bullish for crypto. It will be bearish for crypto, and for freedom.
Today’s video explains why!
🔥 Rally Report 🔥
OPTIMISM
The price of OP has rallied by 16% in the past 24 hours.
WHY?!
📈 Part of a broader rally seen among Ethereum layer-2 networks.
🔍 One possible factor behind this bullishness is the listing of asset management firm Franklin Templeton’s spot Ether ETF on the Depository Trust and Clearing Corporation (DTCC) website.
If you want to buy or trade OP, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Can you imagine earning thousands of dollars for doing minimal-effort tasks?
Well, that’s exactly what’s been happening with airdrops. Some of the luckiest people have even been sent enough free crypto for it to be life changing.
Naturally, this has led to people searching high and low for that next big opportunity - those mad gains crypto gains that they didn’t even have to buy tokens for.
Of course, nothing in life is truly free, and the currency you’ll be paying in here (aside from gas fees) is time. Airdrop farming is a bit of a science, and finding those diamonds in the rough can be tricky.
Well fear not, because today’s video gives you a complete beginner’s guide to airdrop farming. By the end of the video, you’ll have enough know-how to find your very own airdrop gem, so be sure to watch all the way through!
🔔 MARKET MOVING NEWS! (27/04/24)
1️⃣ Pantera Capital Buys Another Trove of Solana Tokens From FTX Auction 💰
According to a Bloomberg report, Pantera Capital successfully bought another batch of Solana tokens from the bankrupt FTX estate. While it remains unclear just how much Pantera managed to buy this time, anonymous sources state that roughly 2,000 SOL tokens were sold at the auction this week.
Source
2️⃣ Custodia Files Appeal After Judge Rules Bank Is Not Entitled To Fed Master Account ☄️
Digital asset bank Custodia has reportedly filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account. Specifically, in a judgment filed in March, Judge Scott Skavdahl said Federal Reserve Banks have discretion in whether or not to grant master accounts.
He stated,
Unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the only layer of insulation for the U.S. financial system. And in that scenario, one can readily foresee a 'race to the bottom' among states and politicians to attract business by reducing state chartering burdens through lax legislation, allowing minimally regulated institutions to gain ready access to the central bank's balances and Federal Reserve services.
I owe everyone a frank and honest explanation of what led to this decision. To put it simply: Yuga lost its way. Getting ourselves centered and on the right path means being a smaller, more agile, and crypto-native team. A team that does fewer things but does them brilliantly. […] The creative-first spirit that drove this company from inception has been getting muddied by labyrinthine corporate processes. We work hard and we care but somehow end up with groups and committees. We plan more than we ship.