Jerome Powell and His Hour of Glory
Briefly:▪️ Inflation is too high and we will work to get it back to 2%.
▪️ The banking system is more stable than ever.▪️ The national debt ceiling problem hasn't been solved yet
▪️ Maybe the rate doesn't need to be raised as high as previously planned because it would hit banks and markets.▪️ Perhaps a further reduction in demand will not come from a rate hike, but from changes in the labor market (rising unemployment).
Bottom line: shaved both ways, but the likelihood of another Fed rate hike has dropped from 45% to 15%

@Cryptoz ₿

⚡ sentiment: At the end of the working week, shark and whale activity was observed on some assets with medium and low capitalization.

MTL, POWER, AERO and DIA had large transfers of $10 million

@Cryptoz ₿

The hacker attacked the Tornado Cash protocol and was able to appropriate about 483,000 TORN - the attacker has already managed to sell 385,300 TORN.

Binance temporarily stops accepting TORN deposits.

@Cryptoz ₿

🔝 7 best projects in terms of return on investment after ICO on CoinList.

@Cryptoz ₿

CEO of JAN 3 Samson Mou confirmed the fact of negotiations with governments with the governments of Ecuador and Costa Rica on plans to issue bitcoin bonds.

@Cryptoz ₿

⚡ unblocks in tokens for the upcoming week (in % of the total offer)

Pot - $21.9 k
ID - 0.8%
1INCH - 0.001%
EUL - 0.5%
ACA-0.5%
DOT - $1.9 m
RON - 1.5%
YGG - 1.7%
AVAX - 1.3%

@Cryptoz ₿

📊 Memtoken RERE maintains high trading volumes

On the Huobi exchange, it ranks fifth in this indicator after BTC, ETH, HT and NEAR

@Cryptoz ₿

Sending money via Lightning Network costs 1000 times cheaper than via Visa or MasterCard

The average commission charged for 1 BTC sent via the Lightning network is currently 3000 Satoshi, which is equivalent to $0.80 for sending $28,000 dollars — this is approximately 0.003%.

Legacy payment networks such as Visa and Mastercard charge merchants a commission of about 2-3% per transaction.

@Cryptoz ₿

May 22 — Bitcoin Pizza Day

Exactly 13 years ago, programmer Laszlo Heinitz, for the first time in the history of BTC, paid with cryptocurrency for a real "tangible" purchase – two Papa John's mushroom pizzas with sausages, tomatoes and onions, which cost him "only" 10 thousand BTC ($25 at the exchange rate at that time).

@Cryptoz ₿

Сryptocurrency exchange Hotbit announced the closure

Users must withdraw funds by June 21.

@Cryptoz ₿

The Mina project team (MINA) is launching a stimulated test network — Testworld Mission 2.0 to prepare for the upcoming hard fork.

There will be 4 different tracks in Test world Mission 2.0.

▫ end-to-end (E2E) testing of zkApp
▫ external security audit
▫ protocol and performance testing
▫ preparing for hardcore

@Cryptoz ₿

Algor and, Polygon and Solana create a $50 million investment fund

More than 20 blockchain teams and venture funds have joined forces to create the Cross-Chain Ecosystem Fund, which will invest $ 50 million in startups running on the Wormhole messaging protocol. The fund is managed by Borderless Capital, a leading venture investor in the field of Web 3.

@Cryptoz ₿

Developers of the DeFi-protocol Swaprum robbed users of $ 3 million

In early May, CertiK released the results of an audit of the Swaprum protocol, stating that there are no significant risks in it. However, such actions caused outrage among crypto enthusiasts, and community members criticized the audit company, accusing it of deliberately approving a new scheme of deception (rug pull)

@Cryptoz ₿

The Securities Commission of Malaysia banned Huobi from operating in the country

The Securities Commission of Malaysia (SC) has accused Huobi Global Limited and its chief executive Officer Leon Lee for operating the exchange without a license.

The regulator ordered Huobi Global Limited to cease its activities in the country, disable its website and remove mobile applications from the Apple Store and Google Play.

Huobi Global Limited is also obligated to stop distributing, publishing or sending any advertising to Malaysian investors via email or social media.

@Cryptoz ₿

🇸🇻🇺🇸 Crypto payment service Strike will move its headquarters to El Salvador due to regulatory pressure in the US.
Bitcoin-powered payments app Strike, led by Jack Mallers, has announced its expansion to 65 global markets, while also relocating its global headquarters to El Salvador. Mallers emphasized Strike's user-friendly app, enabling frictionless onboarding and offering Bitcoin and Tether transfers, positioning it as a superior alternative to the complexity of crypto exchanges.

@Cryptoz ₿

The world's first Bitcoin tower will be built in Dubai! (original)

The 40-storey BITCOIN TOWER will become a center for research and development of blockchain technologies, as well as a venue for conferences, meetings and educational seminars.

@Cryptoz ₿

The Tan Accelerator team announced that this year it will allocate up to $25 million for projects that can have a significant impact on the expansion of the TON ecosystem.

@Cryptoz ₿

A lone miner managed to single-handedly mine a block on the Bitcoin network and get a reward of 6.25 BTC for it

The capacity of the miner's equipment was 750 TH — the chance to get 6.25 BTC at such capacities is approximately 0.00000003%.

@Cryptoz ₿

Upbit, the largest cryptocurrency exchange in South Korea, announced that the country's exchanges collectively lifted their warnings about investing in KAVA and WAVES and resumed accepting deposits in these coins.

@Cryptoz ₿

Reuters alleges that Binance was commingling customer funds with company revenues via Silvergate Bank.
👉🏻 This seems to be one of the reasons why SEC start moving pieces against Binance allegin failed to comply with U.S. financial rules that require keeping customer money separate from the company’s accounts

@Cryptoz ₿

Bitcoin has become the second largest NMT network after Ethereum, with sales of about $167 million in the last 30 days.

@Cryptoz ₿