πŸ”₯Crypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industryπŸ’°

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β˜„οΈCoinbase is suing the SEC and the Federal Deposit Insurance Corporation (FDIC)

It's all due to attempts to "cut off" the crypto industry from the banking sector. Regulators have failed to comply with the requirements of the Freedom of Information Act. Specifically, it concerns past requests related to Ethereum and the regulator's interpretation of the asset.

#coinbase #sec #eth
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🀑According to Bitget Research, cryptocurrency losses from dipfakes will exceed $25,000,000,000,000,000 in 2024

Deepfake scams have increased by 245% this year. In the first quarter alone, these frauds resulted in $6.3bn in losses.

#AI #deepfake
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Life Sentence for Cryptocurrency Theft?

A 24-year-old US resident, Remy Saint-Felix, faces a potential life sentence for home robberies aimed at stealing cryptocurrency.

Saint-Felix led a group that, from September 2022 to July 2023, broke into homes demanding access to the victims’ cryptocurrency accounts.

In April 2023, the group broke into a house, tied up the victim, held her at gunpoint, and threatened her husband with violence. The criminals managed to steal over $150,000 in cryptocurrency.

Saint-Felix and thirteen of his accomplices were arrested in July 2023 while attempting another robbery in New York. He faces a minimum mandatory sentence of seven years and a maximum sentence of life imprisonment.
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πŸ‘€ Genesis has transferred 1,000 BTC ($61.76 million) to crypto exchange Coinbase

This company has transferred 8,050 BTC ($518 million) to Coinbase in the last two weeks.

#BTC #Genesis
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πŸŒ€ Bitwise has released a new video dedicated to the upcoming launch of a spot ETH-ETF

In it, TradeFi tries to "pussyfoot around" with cryptan phrases and it ends with "Cryptocurrency funds launched by specialists".

#ETH #ETF
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πŸ‡ΊπŸ‡ΈDuring the debate between Trump and Biden, neither politician mentioned the topic of cryptocurrencies

PolitiFi category meme tokens have seen a noticeable drop in value since the debate ended.

#debates #usa
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😎 Jesse Powell, the one who co-founded Kraken, donated $1,000,000,000 in ETH to Donald Trump's campaign!

#kraken
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πŸ‘ Robert Kiyosaki has stated that any ETFs are fake

Our elephant only buys real gold, silver and Bitcoin, and keeps them away from banks and Wall Street bankers.

#ETF
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πŸ’₯15 minutes ago someone paid a commission of 49 ETH ($171,000)

Judging by the transaction, the transfer was done by a MEV bot.

#ETH
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Forwarded from Sigma crypto chad
Chads,

In this weeks video we will analyze will πŸ’ΈBitcoin hit $80,000 and #ETH hit $4,500 by end of Summer

Grab a drink, relax, and enjoy the video

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https://youtu.be/vZgUmEhvmRg
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β˜„οΈ SEC sues blockchain developer Consensys over its MetaMask steaking service

#SEC #Consensys
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🀑FTX refuses to refund funds to some users

These are clients whose balance on the exchange exceeded the bank balance. This was reported by a user of the platform on social network X.

The liquidators of the exchange require bank statements as proof that the user has earned these funds...

#FTX #scam
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πŸ‡ΊπŸ‡Έ The USA is implementing a tax regime for cryptocurrencies starting in 2025.

Additionally, it will delay rules for non-custodians. The IRS will not require reporting on most ordinary sales of stablecoins, and will set an annual threshold of $600 for income from NFTs.

#usa
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The blockchain project MegaETH has raised $20,000,000 from notable investors including Vitalik Buterin and Joseph Lubin.

The idea behind #MegaETH arose due to the limitations of most Ethereum Virtual Machine (EVM)-compatible blockchains, which can handle only 3-digit transactions per second (TPS), while MegaETH aims to achieve 100,000 TPS.

The public testnet of the platform is planned to launch in the fall, with the mainnet launch expected closer to the end of the year. This project has the potential to be a breakthrough in 2024 or 2025.
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πŸ› According to Kaiko, BTC trading volume this week was the lowest in the asset's history

#Kaiko
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πŸ—£οΈ According to analysts at GSR, the Solana rate could reach the $1300 mark if spot ETFs based on the asset are launched

This scenario is seen as potentially bullish, according to representatives of the market maker.

#SOL
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πŸ”₯ Adoption of Form S-1 upd

Form S-1 is the second part of a two-step process to launch an ETH ETF.

S-1s are not time-bound, and issuers are dependent on how quickly the SEC can prepare them.

#ETH #ETF
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⛔️ Surrender $BTC miners reached levels comparable to December 2022 after FTX collapse - Coinglass

#BTC #Coinglass
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πŸ’¬ Vitalik Buterin criticised the current regulation of digital assets:

1.)Conscientious developers are cornered.
2.) Projects with vague promises of potential revenues are left out of the regulators' spotlight, while honest and transparent projects are immediately categorised as "securities".
3.) Buterin called it anarcho-tyranny, when acting honestly becomes risky - against this backdrop, the industry attracts less bona fide projects.
4.) Regulators should pay more attention to projects without a clear long-term strategy than to those that provide a clear justification of their economic value.


#Buterin
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πŸ†• Immutable has partnered with renowned developer MARBLEX

Major decentralised applications (dApps), games and game tokens will be introduced on Immutable's zkEVM backed by Polygon.

#Immutable #IMX
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Forwarded from Sigma crypto chad
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