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⛔️ The media report that the CoinEX exchange was hacked - more than $27.8 million in crypto was withdrawn from hot wallets on the Ethereum, TRON and Polygon networks.
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πŸ“‰ Users go on to withdraw Bitcoin and Ethereum from centralized crypto exchanges.
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πŸͺ™Yesterday, in just 1 day, over 336,000 ETH ($1.2 billion) was withdrawn from the Coinbase exchange - the highest this year.

@blockFi
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πŸ’Έ Venture capital giant Paradigm has raised $850,000,000 for a new crypto fund - the company will invest in early-stage projects.

It's worth noting that Paradigm once sided with Binance in a case against the SEC and claimed that the regulator was abusing its position.

@blockFi
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June 13

πŸͺ™ Analysts believe that Bitcoin is now in the longest consolidation period (92 days) - as soon as the price leaves this range, the first cryptocurrency can expect growth.

Gary Gensler said he expects final approval of the Ethereum ETF by the end of summer.

🚫 Terraform Labs plans to cease operations.

πŸ‡ΊπŸ‡Έ U.S. President Joe Biden's team is in talks to launch cryptocurrency acceptance during the election campaign.

πŸ’Š The UwU Lend protocol has been re-hacked for $3.72 million.

πŸ€– OpenAI reported double year-over-year revenue growth to $3.4 billion.

πŸ•Ί Microstrategy will issue $500,000,000 worth of bonds - the company plans to spend the money on buying BTC, among other things.

🏎 Tesla shareholders approved a $56 billion payout to Elon Musk as compensation.

πŸŽ› An OKX user lost $11,000,000 in a hacked exchange account.

πŸ‡ΉπŸ‡Ό Taiwanese authorities have set up an official-controlled cryptocurrency association.
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Coin $DADDY, pumping by Andrew Tate, is now a 23,770x for 3 days
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For 6 days now, investors have been withdrawing money from U.S. Bitcoin ETFs - during that time, net outflows have totaled about $950,000,000.

@blockfi
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