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Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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๐Ÿšจ Kamala Harris Presidency Could Drive US Crypto Firms Abroad, Says Nansen CEO

๐Ÿ‘€ Nansen CEO Alex Svanevik states that a Trump presidency would likely be bullish for the US crypto sector, as he is seen as a pro-crypto candidate.

Conversely, if Kamala Harris wins, Svanevik believes it could foster a hostile environment for crypto in the US, prompting firms to relocate overseas.๐ŸŒ๐Ÿ’ผ
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๐Ÿ“‰ Fed Rate Cut Could Crash Crypto Markets, Warns Arthur Hayes ๐Ÿ™€

Arthur Hayes, co-founder of BitMEX, predicts that a Federal Reserve rate cut could lead to a crash in risk assets, including cryptocurrencies. ๐Ÿค”

Expected to be announced soon, this cut may exacerbate inflation and strengthen the Japanese yen, which historically triggers market volatility. ๐Ÿ“Š

๐Ÿ‘€ Hayes argues that lower borrowing costs will fuel inflation, complicating the economic landscape. He highlights that a stronger yen could force investors to unwind positions financed by yen loans, as seen in August when Bitcoin plummeted from $64,000 to $50,000 due to similar dynamics.

Despite the potential immediate negative impact on the crypto market, Hayes notes that ultra-low interest rates might eventually reignite interest in yield-bearing assets like Ethereum (ETH), which offers staking yields. ๐Ÿง

He believes that as central banks lose relevance, crypto will emerge as a portable asset in a shifting economic landscape. ๐ŸŒ
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๐Ÿš€ Bitget and Foresight Ventures Invest $30M in TON Blockchain!

Cryptocurrency exchange Bitget and Foresight Ventures have announced a significant $30 million investment in The Open Network (TON) blockchain. ๐Ÿ’ฐ

This funding aims to boost the development of Telegram-based projects, particularly tap-to-earn games, which have recently attracted millions of users. ๐Ÿ–
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๐Ÿ‘ป Phantom Wallet has introduced personalized address identification

This new feature simplifies interactions with counterparties and minimizes the risk of errors during transfers. ๐Ÿ’ต
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In Q2 2024, Tether's reserves reached $118.4 billion, surpassing its liabilities by $5.3 billion. ๐Ÿ’ฐ

With $97.6 billion in U.S. Treasury bonds, Tether is now the 18th largest holder worldwide, ahead of countries like Germany, the UAE, and Australia. ๐Ÿง

Over its history, Tether has frozen around 1,850 wallets, successfully recovering more than $113 million in stolen assets. ๐Ÿฅถ
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The U.S. Federal Reserve has cut the interest rate by 50 basis points, lowering it to 4.75-5% annually. ๐Ÿ“‰

This marks the first rate reduction in 4.5 years, after keeping it at 5.25โ€“5.5% since July 2023. ๐Ÿง

The market's response has been mixed. Bitcoin initially spiked to $61,000 following the rate cut news, then dropped to $59,500, and is now trading around $60,000.
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๐Ÿ” Trump bought burgers with BTC!

Last night, Trump made a cryptocurrency payment at a bar in New York.

Itโ€™s his first transaction on the Bitcoin network as a presidential candidate. ๐Ÿ’ช

He can afford it, especially with Bitcoin up 3% overnight ๐Ÿ˜Ž ๐Ÿ“ˆ
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BlackRock released a nine-page white paper positioning Bitcoin ETFs as a "unique diversifier" capable of hedging against fiscal, monetary, and geopolitical risks. ๐Ÿ’ช

Thereโ€™s also a section titled "Bitcoinโ€™s Path to $1 Trillion in Market Capitalization." ๐Ÿ’ฐ๐Ÿ“ˆ
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๐Ÿฅท Malicious actors have targeted the Ethena protocol interface.

Ethena Labs, the developer behind the synthetic dollar USDโ‚‘, has temporarily shut down the project's website following a hack of their domain registrar account. ๐Ÿคท

The site will remain offline until the issue is resolved.

The team urged users to steer clear of any website or application impersonating the Ethena frontend. ๐Ÿง

They also confirmed that the Ethereum-based protocol remains unaffected and that users' funds are safe.
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Introducing the New Phone from Solana ๐Ÿ“ฑ

Solana has launched the Solana Seeker, its latest phone model.

๐ŸŽฎ The ecosystem of apps and features has been expanded, allowing users to interact with DeFi, DePIN, payments, games, NFTs, and more from the Solana community.

The phone is priced at $450. Will this model be worth it? ๐Ÿค‘
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๐Ÿ‡ฉ๐Ÿ‡ช Germany Seizes Servers from Over 40 Crypto Exchanges! ๐Ÿšจ

๐Ÿ‘€ German authorities have confiscated servers from more than 40 online exchanges. When users visit these sites, they are redirected to a page by the German Criminal Police regarding "Operation Final Exchange." ๐Ÿ‘ฎโ€โ™€๏ธ

The operation targets affiliates of ransomware groups, botnet owners, and darknet service vendors. The police claim to have seized servers believed to be used by criminals and have access to personal data, transaction details, and IP addresses. ๐Ÿค”

This significant crackdown highlights ongoing efforts to combat cybercrime in the crypto space. Stay vigilant!
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Hackers have compromised the Twitter account of Decentraland (MANA) โ€“ do not click on any links!
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๐ŸŒ Users of the Telegram bot Banana Gun have reported hacks on their wallets

The developers are currently investigating the issue. ๐Ÿง‘โ€๐Ÿ’ป

It's estimated that 563 ETH was stolen from 36 victims.

Some believe that Banana Gun itself wasn't compromised, as the number of affected users is quite low. ๐Ÿค”
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Tron Fees Will Decrease โฌ‡๏ธ

The community has approved a vote to reduce fees on the Tron network by 50%.

โš™๏ธ The update will occur around 12:00 UTC.

This means trading meme coins on Tron will be even more profitable, and USDT-TRX payments will become cheaper. ๐Ÿง
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World Premiere of the Ethereum and Vitalik Buterin Documentary ๐ŸŽž

On September 18, a documentary about the cryptocurrency Ethereum and its founder, Vitalik Buterin, premiered in 23 countries, created by Optimist studio.

Titled Vitalik: An Ethereum Story, the film took over three years to produce. Funding was raised in July 2021 through a crowdfunding campaign on the Mirror platform, collecting 1,035.96 ETH (around $1.9 million at that time) in just three days.๐Ÿ’ฐ

๐ŸŒ Starting September 20, the on-chain screening of Vitalik: An Ethereum Story will be available on streaming services.
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๐Ÿš€ Louisiana Accepts Bitcoin for State Services! ๐Ÿ’ฐ

Louisiana has started accepting Bitcoin and USDC payments for state services, partnering with Bead Pay to convert crypto into US Dollars, reducing volatility risks. ๐Ÿ’ช

๐ŸŸ The Louisiana Department of Wildlife and Fisheries is the first agency to implement this, aiming to enhance transaction security and reduce fraud.
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Top 4 countries by the amount of BTC on their balance!

1. USA โ€“ $12,160,000,000

2. UK โ€“ $3,670,000,000

3. Bhutan โ€“ $785,460,000

4. El Salvador โ€“ $351,750,000

Honorable mention: Germany now has "ZERO" (after a $3.56 billion sale). ๐Ÿ˜
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๐Ÿšจ BingX Exchange Hacked: $43M Lost!

๐ŸฅทOn September 20, hackers breached the hot wallet of crypto exchange BingX, leading to potential losses exceeding $43 million.

๐Ÿ•ต๏ธโ€โ™‚๏ธ Analysts from PeckShield report that the majority of stolen funds were drained from Ethereum and BNB Chain networks, impacting others like Arbitrum, Polygon, and Avalanche.

๐Ÿ‘€ In total, the attackers stole 5,300 ETH, 4,100 BNB, and 1.65 million MATIC. Withdrawals have been halted, and users are urged to revoke approvals for active smart contracts to prevent further losses.

BingX reassures users that most assets are stored in cold wallets, with only a minimal amount in hot wallets. The exchange plans to resume withdrawals within 24 hours and is developing a compensation strategy for affected users.๐Ÿค”
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Five 2009 Wallets Awaken and Move Bitcoins ๐Ÿ’ฐ

๐Ÿ‘€ Within just one hour, five walletsโ€”each holding 50 bitcoins mined in January 2009โ€”transferred their coins to new, unknown addresses.

At current prices, each batch of 50 BTC is worth $3.12 million. ๐Ÿ™€

These funds had been dormant for over 15 years, with no other transactions in these wallets.
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๐Ÿ•ต๏ธโ€โ™‚๏ธ Analyst ZachXBT revealed that he played a key role in identifying the criminals behind the $243 million theft from one of Genesis's creditors, which involved a sophisticated social engineering attack.

๐Ÿ’ฐ The majority of the stolen funds were converted to Monero.

๐ŸŽฅ Leaked videosโ€”reportedly recorded in real-time during the attack and the subsequent efforts to hide the stolen assetsโ€”exposed the suspects' identities and their money laundering scheme.

๐Ÿคท ZachXBT did not disclose how they obtained the videos or the numerous chat logs from Telegram and Discord he referenced.

Two of the three hackers have been arrested, and authorities seized the stolen funds during the arrests. ๐Ÿš“
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๐ŸฅทHackers pushed a scam token using the YouTube channel of India's Supreme Court ๐Ÿ‡ฎ๐Ÿ‡ณ

They compromised the channel, renamed it to โ€œRipple,โ€ and uploaded a deepfake featuring Brad Garlinghouse. ๐Ÿ˜
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