Swarm Markets to Offer NFTs with Rights to Gold Bars
These new tokens are designed to circumvent the upcoming European Markets in Crypto-Assets Regulation (MiCA), effective June 30, 2024.
Scammers Target Public Accounts of Celebrities
Yesterday, entrepreneur Mark Cuban reported that his Google account was hacked.
Nigeria Responds to Concerns About Tigran Gambaryan’s Detention
Two American politicians who recently visited the detained Binance employee in prison claimed that he is being held in poor conditions.
Trump Team Sends Back Excessive Winklevoss Donations
Donald Trump’s committee returned part of the donations from the Winklevoss brothers, which exceeded the legally established limit of $844,600 per person. Each brother donated $1 million in Bitcoin. It is unclear whether the committee returned BTC or an equivalent dollar amount.
SpaceX Unveils the Starlink Mini: A Portable Satellite Terminal
A compact version of the satellite transceiver designed for portable use includes features such as DC power support and a built-in Wi-Fi router.
Amazon Introduces Subscription-Based Alexa
Amazon is set to launch a paid version of its Alexa voice assistant, aiming to monetize the system, which is currently non-profit, by integrating generative AI capabilities. Early reports suggest that the subscription for the premium Alexa service will cost around $5 per month.
Banking Giant Targets Bitcoin Trading
Bloomberg reports that Standard Chartered, a multinational financial corporation, is developing its own platform for trading Bitcoin (BTC) and Ethereum (ETH). This new division will operate as part of the bank’s global banking sector, with its management hub based in London.
CSFC Convicts Telegram Admin for Unauthorized Financial Advice
A Chinese court has found Wong Ming-Chung, the administrator of a financial Telegram chat group offering paid subscriptions, guilty of providing investment advice without the necessary license over several years. The investigation and subsequent lawsuit were led by the China Securities and Futures Commission (CSFC).
HectorDAO Initiates Bankruptcy Proceedings Under U.S. Law
HectorDAO has filed for Chapter 15 bankruptcy in the U.S. Interpath Advisory, a firm specializing in insolvency cases, has pinpointed three primary causes for this outcome: the collapse of the Terra ecosystem, a breach in the Multichain protocol, and a subsequent theft from HectorDAO’s treasury.
Ripple Faces New Legal Challenge
A U.S. court has permitted a new lawsuit against Ripple Labs and its CEO, Brad Garlinghouse, for alleged violations of securities law. The plaintiffs in the case accuse Garlinghouse of making misleading statements during a 2017 interview, which they argue qualifies the XRP token as a security.
Britain Cracks Down on Illegal Crypto Operations
The UK Financial Conduct Authority (FCA) has arrested two individuals linked to the operation of an illicit cryptocurrency exchange that processed transactions worth over £1 billion. During the search, the police seized several digital devices.
Changes Ahead for Italy’s Crypto Market
The Italian government intends to tighten control over the cryptocurrency market, including imposing hefty fines of up to €5 million for insider trading and asset manipulation. The proposed decree is pending approval from the Council of Ministers.
LayerZero to Launch ZRO Token Airdrop Today
The token distribution will start on June 20 at 7:00 AM ET.
CertiK Comes Forward as the Hacker Seeking Bounty from Kraken
According to the company’s report, on June 5, the team identified several critical vulnerabilities in Kraken’s security system, which could have led to significant financial losses.
Early Investor: Montenegrin PM Linked to Terraform Labs
US SEC documents reveal that Montenegrin Prime Minister Milojko Spajić invested €75,000 (around $80,000) for 750,000 Terra (LUNA) tokens in April 2018. At their highest value, these tokens would have been worth about $90 million.
Martin Shkreli Suspected of Breaching Parole
Adam Cochran, a crypto commentator, has suggested that Martin Shkreli may have violated his parole terms by being involved with the DJT token on the Solana blockchain.
ZKsync and Lens Protocol Seal the Deal
Sources from DLNews reveal that the L2 blockchain ZKsync developers have committed about 0.5% of all issued tokens to the decentralized social network Lens Protocol to ensure its launch on their platform. Although the precise number is undisclosed, it’s estimated to be around 100 million ZK ($22 million at current market value).
The Sandbox Invests in Meme Coins
The popular metaverse project The Sandbox has announced its acquisition of several meme coins, including PEPE, SHIB, DOGE, and BONK. This move is aimed at bolstering the Web3 ecosystem and fostering a culture of creativity, essential elements in any metaverse.
Ethereum 2.0 Out of SEC’s Crosshairs
Consensys has reported that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, deciding not to classify it as a security. This announcement follows the approval of Ethereum ETFs and comes just before the expected start of trading in July.
Investors Pour $12M into Sonic, the L2 Blockchain
Sonic, a second-layer gaming blockchain built on Solana, has raised $12 million in its latest funding round, reaching a diluted valuation of $100 million. Prominent venture firms like Bitkraft Ventures, Galaxy Interactive, OKX Ventures, and others participated in the investment.
Virtual Broadcasters Capture the Attention of Indian Farmers
Doordarshan, India’s public broadcasting service, has introduced an agricultural show with AI-driven virtual hosts named Krish and Bhumi. Currently, they broadcast in Hindi, but plans are in place to add support for up to 50 languages.
RISC Zero Introduces zkVM 1.0 Virtual Machine
zkVM 1.0 is a new general-purpose virtual machine designed for running the logic of blockchain applications (DApps).
Bitmain Launches New ASICs for BTC Mining
At the World Digital Mining Summit, Chinese mining hardware manufacturer Bitmain unveiled its latest Antminer S21XP models.
Celebrity Crypto Craze Continues
American rapper Waka Flocka Flame (born Juaquin Malphurs) has launched his own cryptocurrency token, FLOCKA, on the Solana blockchain. He announced the coin on X with a video declaring “We live right now,” which has already garnered over 280,000 views from his 1.8 million followers.
Investment Advisors Cautious About Recommending Bitcoin ETFs
BlackRock’s chief investment officer of ETF, Samara Cohen, points out that spot Bitcoin ETFs are progressing slowly due to financial advisors’ initial exploration of this investment product. According to the firm, about 80% of all current purchases come from individual investors.
The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages
This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.
Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.
