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🔔 MARKET MOVING NEWS! (15/07/24)
1️⃣ Former BitConnect Promoter John Bigatton Convicted in Australia ▶️
John Bigatton, the Australian promoter of the now-defunct crypto exchange platform BitConnect, has reportedly been convicted by the Sydney District Court for providing unlicensed financial advice. According to a statement published by the Australian Securities and Investments Commission (ASIC), Bigatton promoted Bitconnect through seminars and social media between August 2017 and January 2018. It also states that Bigatton was released on a recognisance to be of good behaviour for three years and that he is disqualified from managing corporations for five years.
Source
2️⃣ Hong Kong Flags 7 Unregulated Crypto Exchanges For Noncompliance ‼️
Hong Kong’s Securities and Futures Commission (SFC) has reportedly issued alerts against seven crypto trading platforms for illegally operating in the region without operational licenses. The Hong Kong SFC manages public records of all registered, unregistered and illegal crypto trading entities to reduce risks related to scams and fraud. The Hong Kong SFC has been maintaining the ‘alert list’ since January 2020 and it currently has 39 entries. The most recent additions to the list include Taurusemex, Yomaex, Bitones.org, BTEPRO, CEG, XTCQT, and Bstorest. According to the alerts, all exchanges are suspected of engaging in fraudulent activities and duping investors into believing they were registered with the SFC.
Source
3️⃣ BlackRock Assets Under Management Rise Through $10T 📈
The world's largest asset manager BlackRock has reported that assets under management (AUM) climbed through $10 trillion in the second quarter - a new all-time world record after experiencing $600b in growth alone this year. Notably, this is more than Fidelity, CapGroup, Invesco, and Franklin Templeton combined. The company also reported that earnings per share (EPS) rose to $9.99 from last year’s $9.06, while revenue increased 7.7% to $4.8 billion.
Source
4️⃣ Lazarus Is Moving Millions From $305M DMM Bitcoin Hack: ZachXBT 🔍
According to on-chain sleuth ZachXBT, the hackers behind the $305 million hack of cryptocurrency exchange DMM Bitcoin have laundered more than $35 million to Huione Guarantee – an online marketplace which operates in Cambodia and has been linked to the nation’s “ruling Hun family.” ZachXBT also shared 538 wallet addresses linked to Lazarus Group, Huione and others linked to the DMM Bitcoin hack.
Source
5️⃣ Celsius To Liquidate Tokens, Hundreds Of NFTs Following Settlement With KeyFi Founder Jason Stone 🕯
Bankrupt crypto lender Celsius has reportedly settled its legal dispute with KeyFi and its founder, Jason Stone. The settlement agreement will see KeyFi transfer tokens and hundreds of NFTs to Celsius along with the $1.1 million proceeds of a Mutant Ape Yacht Club sale to billionaire Adam Weitsman currently held in escrow. KeyFi will also transfer assets related to DeFi protocols Spartan, Unslashed, Stakehound, and crypto firm Fireblocks. Celsius will pay KeyFi and Stone an initial payment of $300,000 plus a rare one-of-one NFT by Marco Santorini. Then, following the liquidations, Celsius will pay 10% of the proceeds to KeyFi, up to $500,000.
Source
https://www.youtube.com/watch?v=hFZ6qkWHuyE
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🔔 MARKET MOVING NEWS! (14/07/24)
1️⃣ Bitcoin Hits $60,000 as Trump Shooting Boosts Re-Election Odds 📈
The price of BTC reclaimed the $60,000 price level after former U.S. President Donald Trump’s defiant response to an assassination attempt earlier today spurred speculation that his chances of winning the presidential election have climbed. This was also reflected in a climb in the price of "Yes" shares on the prediction market Polymarket. Specifically, Polymarket's contract on whether Trump will win the presidency saw the price of “Yes” shares rise by ten cents after the incident. The market now sees a 70% chance he will prevail in November.
Source
2️⃣ Nigeria’s SEC Urged to Regulate Bitcoin, Ether as Commodities 🔍
Crypto industry stakeholders in Nigeria are reportedly urging the country’s Securities and Exchange Commission (SEC) to classify Bitcoin and Ether as commodities. Notably, this comes after a recent court ruling in the United States state of Illinois classified Bitcoin and Ether as commodities. The stakeholders’ recommendations also come as Nigeria seeks to establish a comprehensive regulatory framework for digital assets.
Source
3️⃣ Dutch Court Denies Bail For Tornado Cash Dev Alexey Pertsev While Appeal Process Is Ongoing ‼️
Tornado Cash developer Alexey Pertsev’s request for bail has reportedly been denied. Pertsev was sentenced to five years and four months in prison by a three-judge panel in the Netherlands on charges of money laundering. The bail application was filed by his legal team after applying for an appeal with the s-Hertogenbosch Court of Appeal. He had reportedly hoped to prepare for the trial at home, with access to the internet. However, Pertsev's prison has also denied him access to a computer, hindering his efforts to assist his lawyers in preparing for the trial.
Source
🔔 MARKET MOVING NEWS! (13/07/24)
1️⃣ Germany Sends the Last of Its Bitcoin to Exchanges 💸
The German government has reportedly sold all its Bitcoin, sending 3,846 BTC ($223.8m) to Kraken and other addresses. The transaction followed weeks of increased selling pressure from the German government. Most of the 50,000 BTC dumped by the German government over the last three weeks resulted from an asset seizure and was largely responsible for keeping the market below the $60,000 price point and its 200-day exponential moving average.
Source
2️⃣ Spot Bitcoin ETFs See Highest Flow Day In Over 5 Weeks 🕯
United States-based spot Bitcoin exchange-traded funds (ETFs) recorded over $310 million in inflows on July 12, marking their best-performing day since June 5. BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Fund accounted for most of the flows at $120 million and $115.1 million, respectively. The Bitwise Bitcoin ETF came in third at $28.4 million, while the Grayscale Bitcoin Trust recorded another rare inflow day at $23 million. The VanEck Bitcoin Trust ETF and Invesco Galaxy Bitcoin ETF also received $6 million and $4 million in inflows, respectively. Meanwhile, the Hashdex, Franklin Templeton, Valkyrie and WisdomTree-issued spot Bitcoin ETFs failed to register inflows on the day.
Source
3️⃣ MakerDAO's $1B Tokenised Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate 👾
Crypto lending platform MakerDAO reportedly plans to invest $1 billion in tokenised U.S. Treasury products. Notably, this is a significant reshuffle of its reserve strategy. The investment will be funded by redirecting $500-$500 million of reserves from vaults managed by Monetalis Clydesdale and Andromeda BlockTower. Top players in the space, including BlackRock's BUIDL, Superstate, and Ondo Finance, are lining up to apply for the proposal.
Source
4️⃣ Pixelverse Raises Another $2M In Private Funding To Total $7.5M 💰
Web3 gaming project Pixelverse has reportedly raised an additional $2 million in private funding. Notably, Pixelverse announced an initial $5.5 million funding round last month. The latest fundraise is an extension to that round and saw leading web3 VCs participating, including Galaxy Interactive, Crit Ventures, and Arc Community.
Pixelverse cofounder Kori Leon stated,
Crypto is still intimidating for many users, so we are making it accessible to all through gaming mechanics. We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations.Source Читать полностью…
Notably, Culper’s report comes just two days after analysts at research and brokerage firm Bernstein initiated coverage on IREN with an outperform rating, citing the company’s hybrid bitcoin mining and AI data center strategies. After the publication of Culper’s report, the Bernstein analysts responded by stating that the bulk of Culper’s short argument was based on criticising IREN’s Childress site and its unsuitability for AI operations. They noted that the Childress site was mainly committed to the expansion of bitcoin mining, whereas the Bernstein analysts’ anticipated AI upside for IREN comes mainly from its larger 1.4GW pipeline site in West Texas.
Source
https://youtu.be/yQ9dUSQ--So?si=bf-yBTseXDxEHY82
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🔔 MARKET MOVING NEWS! (11/07/24)
1️⃣ FTX Lawyers Counter Jump Trading’s $264 Million Damages Claims ☄️
The FTX bankruptcy estate is reportedly pushing back against a $264 million claim by Jump Trading's subsidiary Tai Ho Shan. Specifically, Tai Mo Shan demands nearly $264 million in damages from Alameda Research due to the firm’s alleged non-delivery of 800 million Serum (SRM) tokens under a loan agreement dating back to August 2020. However, FTX estate lawyers argue that the claim is invalid as the loan allegedly never commenced. According to the court filings, Jump Trading said it calculated the damages based on an options model, which uses SRM’s market price on the bankruptcy filing date, the token’s implied volatility, the repayment option price and other factors.
The court filing made by the FTX estate lawyers reads,
It is undisputed that Alameda failed to deliver the cryptocurrency contemplated by the Loan Confirmation to the Master Loan Agreement. The loan therefore did not commence. Nowhere does the Master Loan Agreement provide that Tai Mo Shan can seek to compel Alameda to deliver the cryptocurrency, or seek money damages on a loan that did not commence.
The BSA charge is old news. This is the same charge brought in 2020 against our founders relating to BitMEX’s operations up to September 2020. BitMEX has long since fully remediated its operations, and there is nothing new in this charge.
🚨 New Video Alert!! 🚨
Don't let the price action fool you. Large fortune 500 companies are adopting cryptocurrency. Not only that, but they are building new protocols and platforms to tokenise numerous different assets.
The Real World Asset or RWA niche has seen an explosion of adoption recently and it could be one of the most underrated sectors out there. This was all illuminated in a recent Coinbase report which we summarise today.
So, if you want to know exactly what is going on in the RWA space as well as where to look for the strongest potential, then this is a video you can't miss!
🔥 Rally Report 🔥
SEI NETWORK
The price of SEI has rallied by 9% in the past 24 hours.
WHY?!
⚡️ The team announced that Sei v2 mainnet beta is now live and available to everyone.
⚡️ Notably, this comes after Sei’s v2 devnet in February and v2 alpha in June.
If you want to buy or trade SEI, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Crypto winter: is it a thing of the past?
For degens in the trenches staring at the BTC chart all day, the answer is “duh”. However, for the venture capitalists bankrolling this industry, it’s not quite so clear cut. While the crypto market has recovered from the train wreck of 2022, VC activity has not.
But now, after almost two years of falling investment, crypto VCs are finally showing signs of life again.
This begs the question: is this the reversal that will bring VC billions flooding back into crypto? And if so, just how much? And what are they bidding now, anyway?
Today, we have all the answers.
🔥 Rally Report 🔥
BONK INU
The price of BONK has rallied by 11% in the past 24 hours.
WHY?!
📈 BONK’s recent rally comes after the recent conclusion of its event at the London Solana Hacker House.
🤔 The Bonk team also teased an upcoming partnership with altcoin derivatives trading app Flipster.
If you want to buy or trade BONK, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Weekly crypto review? We got you. It’s safe to say it’s been a crazy time for the markets. For what it’s worth, it’s possible that BTC could have hit a local bottom and that ETH could surprise to the upside.
In fact, it’s possible that the entire crypto market could see an epic recovery led by altcoins. This is likely if we start to see pro-crypto regulations getting passed, something that could start as soon as this week.
Not only that, but there seem to be positive developments on the macro front as well. The conflicts in the Middle East and Eastern Europe seem to be wrapping up, which could be bullish for the markets.
Enjoy!
https://www.youtube.com/watch?v=TZISgar_Ooc
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🔔 MARKET MOVING NEWS! (07/07/24)
1️⃣ Tron Develops Gas-Free Stablecoin For Ethereum And Tron Chains 🤔
Tron founder Justin Sun has revealed that his team is developing a stablecoin that users can transfer back and forth without paying gas fees. The stablecoin will reportedly launch first on the Tron blockchain, and later on Ethereum and other EVM-compatible public chains.
Sun’s post reads,
We anticipate launching this service in Q4 of this year. I believe that similar services will greatly facilitate large companies in deploying stablecoin services on the blockchain, elevating blockchain mass adoption to a new level.
Efforts are being made at the federal level to ensure standards and safeguards are in place to protect consumers, investors and businesses that may want to make monetary transactions in digital assets and North Carolina should wait to see how they work before taking action. This legislation is premature, vague and reactionary and proposes an end result on important monetary decisions that haven’t even been made yet. Instead of this bill, the legislature should have passed a budget to provide more funding for cybersecurity threats that actually exist now.
🔔 MARKET MOVING NEWS! (06/07/24)
1️⃣ 3AC Wallet Buys NFT Due To Bid Placed Three Years Ago Missed By Liquidators ‼️
A wallet associated with failed crypto hedge fund Three Arrows Capital (3AC) purchased an NFT on July 5th for 20 ETH (worth $59,821) due to a bid that the wallet placed three years ago and never cancelled. Specifically, the 3AC wallet placed a bid of 20 ETH for the “Neon Village” NFT from the “Ninja Village” collection by artist SeerLight on Aug. 21, 2021. This is less than a year before the former hedge fund filed for bankruptcy. That bid was accepted on Friday by its prior owner, “anonymoux,” who originally bought it for 100 ETH ($348,700) in October 2021. Liquidation firm Teneo, which is managing the liquidation of the 3AC estate, appears to have missed the bid, allowing it to be accepted despite the firm’s ongoing bankruptcy process.
Source
2️⃣ Bitfinex To Refund Investors Of Its Failed El Salvador Hilton Hotel Project 🔍
Digital asset platform Bitfinex Securities has announced that it will refund investors of its Hilton hotel venture at El Salvador’s international airport after it failed to attract the $500,000 minimum funding needed to continue. The project is the first public offering of digital debt assets in El Salvador. However, it only managed to raise $342,000 before the first deadline — barely 5% of the $6.25 million it was looking to raise.
Source
3️⃣ Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates 💰
Blockchain investment firm Multicoin Capital is planning to donate up to $1 million to support pro-crypto Republican lawmakers. The firm said it would match every SOL donated up to $1 million over the next 10 days through The Sentinel Action Fund, a conservative super-political action committee. Specifically, the investment manager plans to financially support four Republican candidates – Sam Brown in Nevada, David McCormick in Pennsylvania, Bernie Moreno in Ohio and Tim Sheehy in Montana.
Kyle Samani, managing partner at MultiCoin Capital stated,
We’re doing this because we realise that political engagement matters, and it starts with supporting the candidates who believe America needs to remain free for innovation. By making contributions, we’re giving Sentinel Action the tools to increase the number of pro-crypto senators like BillHagertyTN — an innovator who understands and speaks our language.
🔥 Rally Report 🔥
STACKS
The price of STX has rallied by 12% in the past 24 hours.
WHY?!
🕯 Most of STX’s recent rally seems to come from heavy trading activity on the South Korean crypto exchange Upbit. Over the past 24 hours, Upbit saw $70 million in volume on its STX/KRW trading pair. This accounts for almost 50% of STX’s global trading volume today.
‼️ That said, the Stacks ecosystem saw a few bullish developments over the weekend. Notably, the US Securities and Exchanges Commission announced that it was dropping its investigation into Bitcoin layer 2 network Stacks and its developer Hiro System (formerly known as Blockstack). Core developers also reported that they are now "code complete" for Nakamoto Activation – the upcoming upgrade for the Stacks network. Once activated, Nakamoto will enable fast transaction confirmations, full Bitcoin finality, and set the stage for the upcoming release of sBTC.
If you want to buy or trade STX, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Now that the German government has stopped selling their Bitcoin, the next big thing that we need to be worrying about is the potential selling by the Mt. Gox creditors.
Over 140,000 Bitcoin is about to be distributed and this could have a massive impact on the crypto markets. It could absolutely melt through order books and send Bitcoin on one almighty dump.
However, whether that happens depends on a few factors that include timing, the type of creditor, market conditions etc etc.
In our video today, we break down exactly what is going on with the Mt. Gox disbursements. We analyse the type of creditors that are getting paid as well as when & how likely they are to sell.
So, if you hold Bitcoin - then this is a video that you can't miss!
🔥 Rally Report 🔥
MOG COIN
The price of MOG has rallied by 17% in the past 24 hours.
WHY?!
⚡️ The Mog Coin team recently released a web application that allowed users to edit any image to feature the iconic ‘glasses’ and ‘finger point’ of the MOG Coin mascot.
🤔 Notably, the memecoin’s official X account used the web application earlier today to show Donald Trump sporting the iconic glasses of MOG coin. The edited image is a picture of Trump’s guard team evacuating him after an attempted assassination by an unidentified shooter. The picture featured the caption “Make America Mog Again.”
If you want to buy or trade MOG, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔥 Rally Report 🔥
ARWEAVE
The price of AR has rallied by 13% in the past 24 hours.
WHY?!
⚡️ Llama Land, an AI-powered MMO game built on Arweave-based AI computing protocol AO Computer, launched on July 12th.
💰 The game features a memecoin called LLAMA that users can earn by issuing pleas to the Llama King - an autonomous AI agent who runs the token's monetary policy.
If you want to buy or trade AR, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔔 MARKET MOVING NEWS! (12/07/24)
1️⃣ MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally 🕯
Yesterday, Nasdaq-listed software firm MicroStrategy (MSTR) announced that it will conduct a 10-for-1 stock split of its class A and class B common stock. The split will reportedly be effected on Aug. 1 and the new shares will be distributed after the Aug. 7 market close. Holders of its class A and class B common shares will receive nine additional shares for each share they own. Notably, the announcement comes after MSTR more than tripled in price over the past year, hitting an all-time high record of over $1,900 in March. The company said that the split will make the company's shares "more accessible to investors and employees."
Source
2️⃣ SEC Drops Investigation Into Paxos - Win For Crypto Industry ⚡️
According to a July 9 letter by Jorge Tenreiro - the U.S. Securities and Exchange Commission’s acting chief of the crypto assets and cyber unit, the securities regulator has decided not to recommend an enforcement action against New York-based stablecoin issuer Paxos. Notably, the announcement follows a Wells Notice the SEC had sent Paxos earlier over its BUSD stablecoin. The new decision to not recommend an enforcement action suggests that stablecoins, like the dollar-backed BUSD, may not be treated as securities. The SEC appears to have shifted its stance after a federal judge sided with Binance in a decision that held the sales of BUSD did not constitute a securities offering.
Paxos stated,
Paxos Trust Company has always maintained that its USD-backed stablecoins are not securities under federal securities laws and that the Wells notice was unwarranted and unjustified. We are proud of our relentless advocacy for stable-value digital assets and that the SEC staff determined it will not bring enforcement action against Paxos in connection with BUSD.
🚨 New Video Alert!! 🚨
Since the 2008 financial crisis, central bankers the world over have turned us into guinea pigs in a massive experiment in monetary policy. They’re manipulating the fiat currencies we depend on, and picking winners and losers among us. The worst part is, most of us have no idea what they’re doing, or how it affects us.
Today’s video breaks down what their experiment is, how it hurts some and helps others, and what we can do about it.
If you don’t want your central bank to turn you into a loser, then this is a video you can’t afford to miss.
https://www.youtube.com/watch?v=Of7WjJNcVIo
Читать полностью…
🔔 MARKET MOVING NEWS! (10/07/24)
1️⃣ German Bitcoin Wallets Transfer $344 Million to Exchanges, OTC Desks 💸
According to on-chain analytics platform Arkham Intelligence, crypto wallets connected to the German government have moved approximately $344 million worth of BTC to exchanges and over-the-counter desks this morning. Specifically, the BTC transfer is split as follows: $44 million to Kraken, $29 million to Coinbase, $66 million to Amsterdam’s Flow Traders, $31.5 million to Chicago's Cumberland DRW and $132 million to a still unidentified wallet in two transactions. Arkham tweeted yesterday that the unidentified wallet is likely an over-the-counter desk or depository institution.
Source
2️⃣ Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck 🕯
In an amended filing to the United States Securities and Exchange Commission, asset managers Invesco and Galaxy revealed that they will charge investors a 0.25% management fee for the Invesco Galaxy Ethereum ETF (QETH) if and when it is rolled out. Notably, this is slightly higher than VanEck’s 0.20%, disclosed last month. Issuers use management fees to pay for the maintenance of a fund, such as marketing costs, salaries and custodial services. Most issuers for the spot bitcoin ETFs picked a fee between 0.19% and 0.30% which will likely be the case for their ether counterparts.
Source
3️⃣ Worldcoin Foundation Launches World Chain Developer Preview Ahead Of Mainnet ⚡️
The Worldcoin Foundation has reportedly launched a developer preview for its upcoming Layer 2 network, World Chain. The World Chain developer preview allows a limited number of developers to start exploring, building, testing and providing feedback on World Chain before its mainnet launch which is expected later this summer.
World Chain is leveraging Optimism’s OP Stack to build out its own network. Speaking on the upcoming launch, Optimism Unlimited Chief Growth Officer Ryan Wyatt stated,
We're beyond excited to have Worldcoin, one of the largest projects in our space, build World Chain using Optimism's OP Stack, joining the Superchain and working alongside other core development groups to push the OP stack forward while contributing sequencer revenue to the Optimism Collective. The launch of World Chain’s developer preview marks a significant step forward, enabling Worldcoin’s developers to leverage the power of the OP Stack to build ambitious applications, further enhancing the Superchain's impact.
We chose to build on the Polygon ecosystem for its EVM compatibility, seamless availability of liquidity from EVM chains via AggLayer, comprehensive deployment support, and Polygon's EVM expertise. The vibrant community surrounding Polygon was also a crucial factor in our decision.
https://www.youtube.com/watch?v=dR30oIJJtBw
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🔔 MARKET MOVING NEWS! (09/07/24)
1️⃣ Trump Pledges to Protect Bitcoin, End 'Un-American' Crackdown in Republican Platform ‼️
In a document released Monday by the Republican National Committee, the Republican Party set out its goals for crypto and artificial intelligence technology. These plans include ending what it sees as the “crypto crackdown” by the current party in power.
The document states,
Republicans will end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control.
Much like BTC and ETH, the Exchange believes that SOL is resistant to price manipulation and that 'other means to prevent fraudulent and manipulative acts and practices' exist to justify dispensing with the requisite surveillance sharing agreement.
https://www.youtube.com/watch?v=JzQz5cQoyPU
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🔔 MARKET MOVING NEWS! (08/07/24)
1️⃣ Japan's Metaplanet Scoops More Bitcoin Amid Sluggish Economic Growth 💸
Metaplanet, a publicly listed Japanese investment adviser, has reportedly bought an additional 42 BTC valued at 400 million yen ($2.4 million). Notably, the latest purchase has brought the company’s total BTC holdings to 203 BTC. Metaplanet's purchase comes as the asset experiences selling pressure from several large entities, including the German government. It also comes at a time when Japan continues to grapple with decades-long economic challenges.
Source
2️⃣ Pancake Bunny Hacker Siphons $2.9M Of Ether Through Tornado Cash ❓
The hacker behind the exploit of the Pancake Bunny protocol has reportedly moved part of the stolen funds through the privacy protocol Tornado Cash after three years of dormancy. Notably, BNB Chain-based DeFi protocol Pancake Bunny suffered a flash loan attack and lost roughly 697,000 BUNNY tokens and 114,000 BNB in May 2021.
Source
3️⃣ Germany Moves Another $28 Million in BTC to Bitstamp, Coinbase ▶️
According to on-chain intelligence platform Arkham Intelligence, a crypto wallet connected to the German Government transferred a total of 500 BTC (worth about $27.9 million) to Bitstamp and Coinbase at 14:48 UTC+8 today. It also transferred 500 BTC to the unmarked address “139Po.”
Source
4️⃣ Solana $1M Bug Bounty For Solana Firedancer Client Goes Live This Week 💰
Jump Crypto has announced the launch of a $1 million bug bounty program for its upcoming “Firedancer” - a new independent validator client expected to improve Solana’s network performance. The bug bounty program will run for 42 days on the Immunefi platform, starting on July 10 and ending on August 21. Participants can tap into a $1 million rewards pool with the maximum payout for a single bounty at $1 million, paid in USDC. The development of Firedancer v.0.1 was led by pseudonymous engineer Cantelope Peel of Jump Crypto.
Source
5️⃣ Canada To Sanction Liquitrade For Securities Act Violation 🥶
A panel set up by the British Columbia Securities Commission (BCSC) has reportedly found LiquiTrade guilty of running an illegal exchange in Canada. The BCSC panel found that LiquiTrade enabled users to trade contractual rights of underlying crypto assets considered derivatives investments. It stated that LiquiTrade was required to be registered under the Securities Act before it could legally facilitate contract trading in Canada, specifically British Columbia. Upcoming sanctions on LiquiTrade could range from monetary penalties to a ban on services.
Source
6️⃣ Golem Sends Over $100 Million Worth Of ETH To Exchanges In The Past Month 🔍
Golem, one of the earliest Ethereum ICOs, has reportedly sent over $100 million in ETH to exchanges over the past month. Notably, this represents a significant portion of the funds raised by the project during its ICO in November 2016. In just the last three days, 26,000 ETH (worth about $79 million) left Golem’s main wallet. Data from Etherscan shows that the project still has 126,000 ETH in reserve (worth about $383 million).
Source
🚨 New Video Alert!! 🚨
Every now and then we come across something significant that the markets seem to be ignoring. Today’s video is about one of those things: a potential debt crisis, specifically in the UK and France.
What’s crazy is that this debt crisis could be partially planned. That’s because central banks have become the largest bond holders for most governments. This gives them lots of political power.
Obviously, some governments can keep their central banks in check. For others, however, this is not possible, and it paints a terrifying picture for countries that are trying to achieve political change.
This is one of the most important videos you will ever watch.
🔥 Rally Report 🔥
NOTCOIN
The price of NOT has rallied by 55% in the past 24 hours.
WHY?!
📈 NOT’s recent rally is likely a sign of bullishness about the future of Telegram-based mini games. Notably, this comes after Hamster Kombat released fresh details about its upcoming token airdrop scheduled for some time this month.
⚡️ The Notcoin team also recently announced that the project was launching an accelerator program for other Telegram-based mini-games.
If you want to buy or trade NOT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 14% in the past 24 hours.
WHY?!
📈 Part of a larger market rally.
⚡️ The recent rally seems to be led by the most popular projects falling within the AI, memecoin, metaverse and proof-of-work narratives
If you want to buy or trade WIF, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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