The US Attorney for the Southern District of New York, and the Acting Special Agent in Charge of the New York Field Office of Homeland Security Investigations, criminally charged KuCoin and two of its founders with bank secrecy act and unlicensed money transmission offenses, alleging they helped grow the exchange into one of the largest crypto exchanges globally. Furthermore, the founders affirmatively attempted to conceal the existence of KuCoin’s US customers.

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🚀 Bitcoin Magazine has reminded us what true digital scarcity is all about

11 days before another halving, ~94% of the total number of bitcoins that will ever exist have been issued

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The largest social media platforms from 2009-2024.

Telegram is still in 8th place by the number of users. When do you think Pavel Durov's brainchild will enter the top 3 social networks?

🐳 - until 2025, it's not for nothing that the Telegram ecosystem is so actively developing

🔥- will definitely be in the top 3 by 2030.

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💙 Ton to the moon? 🌚
🚀🚀🚀

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Wall Street giant Fidelity now holds 150K 💰 Bitcoin  worth over $10 billion.

It's just getting started 🚀

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🐳Santiment: the average age of BTC investments continues to fall.

This indicates that whales are bringing the coins back into circulation. For example, each BTC was held for an average of 638 days on November 29 and 502 days on April 12. Historically, this increases the likelihood of continued growth.

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⚡️ Over the last 7 days, the volume of NFT transactions on the BTC network has increased by >120%.

Other networks are also experiencing volume growth.

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Are crypto transactions anonymous?

Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities.

Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal.

However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself).

For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.

Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.

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🪑 Pavel Durov's unique chairs

In the background you can see chairs with very strange tips on the seats. Okay, all millionaires have their quirks, but Durov sure knows how to joke 🤣

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Statistics for the first 96 days of spot BTC-ETF trading

At current exchange rates:
🟩 531,000 BTC ≈ $32.6 billion- bought by all ETFs
🟥 305,000 BTC ≈ $18.7 bln - sold by Grayscale
🟧 86,400 BTC ≈ $5.3 billion - mined by miners

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🔴28 employees entered #Google CEO’s office and threatened to stay there until Google canceled its $1.2 billion contract with the Israeli 🇮🇱government.

Google has FIRED all of them from job.

1Q24 earnings reports for Bitcoin and Ethereum

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💡💡💡: Tesla $TSLA reveals none of their $711,050,000 worth of 🥇 Bitcoin was sold in Q1 2024.

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📱The WhatsApp application is adding the feature of allowing files to be shared between users without the need for the Internet.

⬤ It will ask multiple connection owners to access networks and wireless networks as well.

⬤ Used experimentally like popular file apps like Zapya, ShareIt, etc.

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Crypto speak: Funds are safu

“Funds are safu” is a popular crypto meme symbolizing the safety of funds in any project. The expression supposedly originated thanks to the Binance Secure Asset Fund for Users (SAFU), which insures traders.

In the midst of a crypto crisis, if you hold reliable assets, you can safely write “funds are safu!”

And it’s also a playful reference to the Asian pronunciation of the word safe.

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Crypto speak: Reveal

“Reveal” is the process of discovering an NFT.

Here’s an example: Often, NFT collections are minted, where their individual NFTs all look the same initially but take on a unique form after a predetermined amount of time has elapsed.

Such reveal mechanics are popular in the NFT space and are often used in creative and original ways.

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🙅 4 reasons from Consensys why ETH is not a security

📌 The SEC's historical position on Ethereum

In 2018, William Hinman, then director of the SEC's Division of Corporation Finance, voiced his position and pointed out that Ethereum is not considered a security.

"Putting aside the fundraising that accompanied the creation of [Ethereum], based on my understanding of the current state of [Ethereum], the Ethereum network and its decentralized structure, the current offers and sales of [Ethereum] are not securities transactions"

📌 CFTC Classification as a Commodity

The Commodity Futures Trading Commission (CFTC), another regulatory body in the US, has consistently recognized Ethereum as a commodity. And recently, the CFTC finally classified Ethereum as a commodity .

📌 Decentralization and Open Protocol

The essence of the whole ETH architecture lies on decentralization. Whereas, securities are managed by a central authority.

📌 Non-existence of a shift in the consensus mechanism

The recent shift of ETH from PoW to PoS, has been cited by the SEC as a potential cause of reclassification. However, this transition had no effect on Ethereum's basis of operation or classification.

For SEC, the weight of arguments sometimes doesn't matter, the main thing is to file a lawsuit, make money on fines and fill the coffers 😁

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💡💡💡: BlackRock hosts 🥇Bitcoin investing conference with industry leaders at its headquarters.

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Crypto speak: Doxxed

In the cryptocurrency world, the term “fully doxxed” means that a person’s identity in the real world has been revealed publicly, either through a leak of personal information or intentional distribution. Depending on the individual or project, this issue is a point of contention, as many people use cryptocurrencies to remain anonymous.

The term “doxxed” comes from the word “docs,” which is short for “documents.”

However, sometimes, doxxed can also be used positively—e.g., when discussing the founders of an NFT collection. If the founders of an NFT project are doxxed, it’s a good thing because it means that anyone can get to know their story and background, which adds to the transparency of the NFT collection.

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📊Coinglass: BTC returns by month (2013 - 2024)

- Bitcoin broke its record series of green monthly candles and lost 14.7% in April.

- For the past 3 years, May has been a "red" month for BTC.

Let's place our bets, how will May close?

🐳 - There will be growth

👍 - Virtually no change in price

🗿 - We'll go down

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