⚖️ Serious lawsuit: FTX seeks $1.8 billion in compensation from Binance and its founder Zhao
Bloomberg reported that FTX has accused Binance and Changpeng Zhao of fraud in the 2021 deal.
FTX managers said Binance received funds for the shares despite the insolvency of FTX and Alameda.
Zhao is also suspected of publishing tweets undermining FTX's competitiveness.
Bloomberg reported that FTX has accused Binance and Changpeng Zhao of fraud in the 2021 deal.
FTX managers said Binance received funds for the shares despite the insolvency of FTX and Alameda.
Zhao is also suspected of publishing tweets undermining FTX's competitiveness.
👍1
JUST IN: 💰 Billionaire investor Paul Tudor Jones has increased his fund's #Bitcoin holdings by 5x to $159.9 million through BlackRock's ETF - SEC filings
Please open Telegram to view this post
VIEW IN TELEGRAM
JUST IN: 🇺🇸 Public listed MARA Holdings increased its raise to $1 billion to buy more #Bitcoin
Media is too big
VIEW IN TELEGRAM
🖥 Michael Saylor gave a speech at Microsoft's board of directors where he said that the company's value could grow by $5 trillion if it starts buying Bitcoin for its balance sheet.
In addition, Saylor expressed confidence that he could convince Warren Buffett to invest $325 billion in Bitcoin.
In addition, Saylor expressed confidence that he could convince Warren Buffett to invest $325 billion in Bitcoin.
One daring trader turned $2,500 into $200,000 by leveraging XRP 500x at $1.9025. 🤑
The catch? A dip below $1.9004 would’ve wiped him out faster than you can say “margin call.” 😅🎢
Fortune favors the brave—or the wildly risky! 🚀💸
The catch? A dip below $1.9004 would’ve wiped him out faster than you can say “margin call.” 😅🎢
Fortune favors the brave—or the wildly risky! 🚀💸
Media is too big
VIEW IN TELEGRAM
Michael Saylor said on Bloomberg that he has already held meetings with the new U.S. government, but refrained from revealing details.
Donald Trump’s gala dinner for major TRUMP token holders turned out to be a disappointment.
One guest described the food as “the worst in my life,” and called Trump’s speech “nonsense.”
In just 25 minutes, he delivered a rambling talk about crypto and then left in a golf cart.
Please open Telegram to view this post
VIEW IN TELEGRAM
Sam Bankman-Fried, the former CEO of FTX sentenced to 25 years for fraud, is now expected to be released on December 14, 2044, over four years earlier than originally scheduled. The reduction is due to good behavior credits, participation in prison programs, and time served in pre-sentencing detention. Former Alameda CEO Caroline Ellison is expected to be released in May 2026.
Please open Telegram to view this post
VIEW IN TELEGRAM
Google's quantum team has discovered that breaking RSA encryption — commonly used in banking systems and some crypto wallets—may require significantly fewer qubits than previously believed. Researcher Craig Gidney stated that a 2048-bit RSA key could potentially be cracked in under a week using fewer than 1 million noisy qubits, compared to the 20 million estimated back in 2019. Although Bitcoin relies on elliptic curve cryptography (ECC) rather than RSA, this advancement suggests that the timeline for breaking ECC-based security could also be shortened, raising broader concerns about future quantum threats to blockchain security.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Lunar Digital Assets has introduced LitVM, a zero-knowledge L2 network designed to bring smart contract functionality to the Litecoin blockchain, which was originally launched in 2011. LitVM is built using BitcoinOS and Polygon CDK, and is supported by the Litecoin Foundation.
Please open Telegram to view this post
VIEW IN TELEGRAM
💸#Crypto
Ross Ulbricht’s donation wallet received a transfer of 300 BTC—worth approximately $31.4 million—about eight hours ago. This follows his earlier fundraising efforts, where he raised over $1.8 million in pledged Bitcoin by auctioning personal items from before and during his imprisonment via the Bitcoin auction platform Scarce City.
Ross Ulbricht’s donation wallet received a transfer of 300 BTC—worth approximately $31.4 million—about eight hours ago. This follows his earlier fundraising efforts, where he raised over $1.8 million in pledged Bitcoin by auctioning personal items from before and during his imprisonment via the Bitcoin auction platform Scarce City.
👾#Crypto
Taiwanese crypto exchange BitoPro was likely hacked on May 8, 2025, with approximately $11.5 million stolen. The attack targeted hot wallets across several blockchains, and the stolen assets were laundered through Tornado Cash and Thorchain. Despite the incident, BitoPro has not publicly confirmed the breach, instead attributing service interruptions to “maintenance.”
Taiwanese crypto exchange BitoPro was likely hacked on May 8, 2025, with approximately $11.5 million stolen. The attack targeted hot wallets across several blockchains, and the stolen assets were laundered through Tornado Cash and Thorchain. Despite the incident, BitoPro has not publicly confirmed the breach, instead attributing service interruptions to “maintenance.”
The official TRUMP Wallet, a joint project by Magic Eden and GetTrumpMemes, has launched its waitlist. Interested users can sign up on the official website and refer others to join. Currently in development, the wallet is expected to offer self-custody features and digital asset management once released.
Please open Telegram to view this post
VIEW IN TELEGRAM
Spanish coffee chain Vanadi Coffee has announced plans to invest over $1.1 billion in Bitcoin, positioning itself as a "Bitcoin-first" company. Chairman Salvador Martí, inspired by MicroStrategy’s approach, aims to raise capital through a stock issuance and will seek board approval to move forward with the Bitcoin accumulation strategy.
Please open Telegram to view this post
VIEW IN TELEGRAM
⛏️#BTC
Solo miner "Solo CK" successfully mined Bitcoin block #899826 on June 5, 2025, at 04:48:18, earning a total reward of 3.151 BTC (approximately $330,386). This amount includes the block subsidy and 0.026 BTC (about $2,761) in transaction fees. The block measured 1.66 MB in size
Solo miner "Solo CK" successfully mined Bitcoin block #899826 on June 5, 2025, at 04:48:18, earning a total reward of 3.151 BTC (approximately $330,386). This amount includes the block subsidy and 0.026 BTC (about $2,761) in transaction fees. The block measured 1.66 MB in size
LayerZero co-founder Bryan Pellegrino has expressed skepticism about Hyperlane's transaction data, pointing to inflated volume driven by high-frequency trading, which he claims is not reflective of genuine usage. Hyperlane responded, stating that the activity comes from users pursuing rewards, not from the protocol itself. Pellegrino also criticized Hyperlane’s token reward distribution, calling it unfair. This comes after LayerZero’s own extensive anti-Sybil campaign during its airdrop process.
Please open Telegram to view this post
VIEW IN TELEGRAM
👾#Crypto
ZachXBT has raised concerns about the project WhiteRock (WHITE), highlighting several red flags. These include a fake team, inflated user metrics, and potential mixing of funds with the $33 million allegedly stolen by the Zkasino project. He urged crypto exchanges such as MEXC and Gate to delist WHITE and carry out stricter due diligence on its team.
ZachXBT has raised concerns about the project WhiteRock (WHITE), highlighting several red flags. These include a fake team, inflated user metrics, and potential mixing of funds with the $33 million allegedly stolen by the Zkasino project. He urged crypto exchanges such as MEXC and Gate to delist WHITE and carry out stricter due diligence on its team.