π The lending protocol Sonne Finance was hacked for $20 million.
At the moment, the developers have suspended the protocol's operation on the Optimism network.
Sonne on Base continues to operate normally.
At the moment, the developers have suspended the protocol's operation on the Optimism network.
Sonne on Base continues to operate normally.
π119πΎ60β€20π7
Ripple CEO rejects allegations of attacks on Tether
π€΅Ripple CEO Brad Garlinghouse stated that his recent remarks on the World Class podcast were not an attack on USDT, as portrayed by the stablecoin issuer's head Paolo Ardoino.
π Garlinghouse mentioned at the time that it was evident to him that U.S. authorities intended to target Tether.
βοΈ In response, Tether CEO Paolo Ardoino accused Brad Garlinghouse of making these statements merely as a way to present the stablecoin he is working on in a favorable light.
π§ This time Garlinghouse drew responsed to Ardoino's response, calling "Tether the hugely important part of the ecosystem" of cryptocurrencies.
- he added.
π€΅Ripple CEO Brad Garlinghouse stated that his recent remarks on the World Class podcast were not an attack on USDT, as portrayed by the stablecoin issuer's head Paolo Ardoino.
π Garlinghouse mentioned at the time that it was evident to him that U.S. authorities intended to target Tether.
βοΈ In response, Tether CEO Paolo Ardoino accused Brad Garlinghouse of making these statements merely as a way to present the stablecoin he is working on in a favorable light.
π§ This time Garlinghouse drew responsed to Ardoino's response, calling "Tether the hugely important part of the ecosystem" of cryptocurrencies.
"My point was that the US govt has clearly indicated they want more control over USD-backed stablecoin issuers, and thus, Tether, as the largest player, is in their line of sight"
- he added.
π143πΎ55π₯°15β€10π2
Unknown hackers rob BlockTower Capital Fund
π According to Bloomberg, the crypto fund BlockTower Capital suffered a cyberattack in which fraudsters partially drained the companyβs main hedge fund.
π Sources reported that BlockTower hired analysts to trace the funds and the hackers.
π°The amount of stolen funds is unknown. BlockTower manages a total of $1.7 billion in assets.
π According to Bloomberg, the crypto fund BlockTower Capital suffered a cyberattack in which fraudsters partially drained the companyβs main hedge fund.
π Sources reported that BlockTower hired analysts to trace the funds and the hackers.
π°The amount of stolen funds is unknown. BlockTower manages a total of $1.7 billion in assets.
πΎ113π77β€30π±5π4π4π₯3π2
π Developer of Cypher admits to stealing protocol funds and losing everything in gambling
π§βπ» A developer of the Cypher protocol based on Solana admitted to stealing money from the fund intended for recovery from hacker attacks.
π° In total, he stole $300K and lost it all in gambling.
π Previously, Cypher had been hacked for approximately $1 million, after which a contract was created to return the money to the victims.
π§βπ» A developer of the Cypher protocol based on Solana admitted to stealing money from the fund intended for recovery from hacker attacks.
π° In total, he stole $300K and lost it all in gambling.
π Previously, Cypher had been hacked for approximately $1 million, after which a contract was created to return the money to the victims.
πΎ122π83β€30π5π»4
Underground bank with a turnover of $1.9 B in USDT was destroyed in China
π¨π³ Chinese law enforcement halted the operations of an underground cryptocurrency bank that provided financial services to smugglers and those looking to transfer assets abroad.
π°To evade national currency oversight, the suspects used USDT in their activities, conducting payment operations totaling 13.8 billion yuan (over $1.9 billion).
π According to the investigation, the network had been operating since January 2021 in 26 provinces across the country. The business was involved in the illegal transfer of funds abroad, foreign currency exchange for smuggling medicines and cosmetics, purchasing assets abroad, and collaborating with third-party companies for tax refund fraud.
π¨π³ Chinese law enforcement halted the operations of an underground cryptocurrency bank that provided financial services to smugglers and those looking to transfer assets abroad.
π°To evade national currency oversight, the suspects used USDT in their activities, conducting payment operations totaling 13.8 billion yuan (over $1.9 billion).
π According to the investigation, the network had been operating since January 2021 in 26 provinces across the country. The business was involved in the illegal transfer of funds abroad, foreign currency exchange for smuggling medicines and cosmetics, purchasing assets abroad, and collaborating with third-party companies for tax refund fraud.
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El Salvador has mined 474 BTC ($29 million) since September 2021, using geothermal energy generated by the Tecapa volcano.
Salvador previously announced its plans to regularly buy 1 BTC each day and is sticking to that plan.π§
Salvador previously announced its plans to regularly buy 1 BTC each day and is sticking to that plan.π§
π97πΎ65π55β€42π±11π9π€―9π2
The State of Wisconsin Investment Board (SWIB) has purchased Bitcoin ETF shares worth over $162,000,000
βͺοΈ Over $99 Π in Bitcoin ETF from BlackRock.
βͺοΈ Over $63 M in Bitcoin ETF from Grayscale.
π The State of Wisconsin Investment Board (SWIB) provides investment management for trusts and public funds. Assets under management exceed $165,6 B.
βͺοΈ Over $99 Π in Bitcoin ETF from BlackRock.
βͺοΈ Over $63 M in Bitcoin ETF from Grayscale.
π The State of Wisconsin Investment Board (SWIB) provides investment management for trusts and public funds. Assets under management exceed $165,6 B.
π140πΎ53β€39π13π₯6π1
π²Pine Ridge Advisers invested $205M in Bitcoin ETF
π°The investment amount accounts for 23% of all assets under management by Pine Ridge Advisers (more than $890M).
It seems this is becoming a trend! πͺ
π°The investment amount accounts for 23% of all assets under management by Pine Ridge Advisers (more than $890M).
It seems this is becoming a trend! πͺ
π147πΎ51β€36π7β‘5π₯3π3π±1
β Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form can be filled out within four hours after this post is published, and the result of the draw will be announced after the results have been processed and published on the Daily Drops channel.
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form can be filled out within four hours after this post is published, and the result of the draw will be announced after the results have been processed and published on the Daily Drops channel.
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CME Group, the world's largest futures exchange, plans to launch bitcoin spot trading
This was reported by the Financial Times' own sources.
The plan is still under development and should be implemented already this year.
This was reported by the Financial Times' own sources.
The plan is still under development and should be implemented already this year.
π141πΎ40β€22π±10π₯°6πΏ5π₯3
Two brothers have been arrested for stealing $25,000,000 in Ethereum
π₯ They took advantage of a vulnerability in the popular software MEV-Boost, manipulating transactions in Ethereum blocks to misappropriate assets.
π Anton Peraire-Bueno and James Peraire-Bueno carefully planned the exploit of the Ethereum blockchain for several months before executing the theft, which took just 12 seconds. They now face up to 20 years in prison.
π₯ They took advantage of a vulnerability in the popular software MEV-Boost, manipulating transactions in Ethereum blocks to misappropriate assets.
π Anton Peraire-Bueno and James Peraire-Bueno carefully planned the exploit of the Ethereum blockchain for several months before executing the theft, which took just 12 seconds. They now face up to 20 years in prison.
π110π87πΎ47β€20π15π±14π’10π₯8π€·ββ5π₯°4
Coinbase is set to enter Australia's superannuation market, which exceeds $600 billion.
The exchange is developing a service specifically for non-state pension funds, which comprise a quarter of the countryβs entire pension system, Bloomberg reports.
The exchange is developing a service specifically for non-state pension funds, which comprise a quarter of the countryβs entire pension system, Bloomberg reports.
π97πΎ65β€21π₯5π₯°4π1
Millennium Management has acquired $1.94 billion in spot Bitcoin ETFs
π° By the end of the first quarter of 2024, the hedge fund Millennium Management held $1.94 billion in spot Bitcoin ETFs, which represents 3% of its AUM ($64 billion).
The firm allocated its investments as follows:
βͺοΈ ARK 21Shares Bitcoin ETF (ARKB) β $45 million
βͺοΈ Bitwise Bitcoin ETF (BITB) β $44.7 million
βͺοΈ Grayscale Bitcoin Trust (GBTC) β $202 million
βͺοΈ iShares Bitcoin Trust (IBIT) β $844.2 million
βͺοΈ Fidelity Wise Origin Bitcoin ETF (FBTC) β $806.6 million
Institutions continue to invest in Bitcoin at a rapid pace, and we can hardly keep track of them π. Does anyone still doubt that Bitcoin is about to explode? π₯
π° By the end of the first quarter of 2024, the hedge fund Millennium Management held $1.94 billion in spot Bitcoin ETFs, which represents 3% of its AUM ($64 billion).
The firm allocated its investments as follows:
βͺοΈ ARK 21Shares Bitcoin ETF (ARKB) β $45 million
βͺοΈ Bitwise Bitcoin ETF (BITB) β $44.7 million
βͺοΈ Grayscale Bitcoin Trust (GBTC) β $202 million
βͺοΈ iShares Bitcoin Trust (IBIT) β $844.2 million
βͺοΈ Fidelity Wise Origin Bitcoin ETF (FBTC) β $806.6 million
Institutions continue to invest in Bitcoin at a rapid pace, and we can hardly keep track of them π. Does anyone still doubt that Bitcoin is about to explode? π₯
πΎ100β€74π66π₯14π9π6πΏ2π1π1
Notcoin Ρo-founder announces NOT burn! π₯
πOn May 16, the token of the Web3 gaming project Notcoin will be listed on major cryptocurrency exchanges: Binance, OKX, and Bybit. The coin will also be added to the built-in Telegram crypto wallet, Wallet.
π OKX has launched a promotion with a prize pool of 300 million NOT: to participate, users need to top up their deposit in NOT with at least 100 USDT.
π During the AMA session for OKX users, Alexander Plotvinov shared the project's plans:
βͺοΈ Building a gaming ecosystem: Notcoin's infrastructure will be made available to third-party game developers. All user rewards will be paid in NOT.
βͺοΈ Massive NOT Burn: Unclaimed coins will be burned. After the listing, users will have a month to withdraw or lock their NOT, otherwise, they will be partially burned or placed in a fund.
βοΈ Currently, the Notcoin user base is estimated at 35 million people.
πOn May 16, the token of the Web3 gaming project Notcoin will be listed on major cryptocurrency exchanges: Binance, OKX, and Bybit. The coin will also be added to the built-in Telegram crypto wallet, Wallet.
π OKX has launched a promotion with a prize pool of 300 million NOT: to participate, users need to top up their deposit in NOT with at least 100 USDT.
π During the AMA session for OKX users, Alexander Plotvinov shared the project's plans:
βͺοΈ Building a gaming ecosystem: Notcoin's infrastructure will be made available to third-party game developers. All user rewards will be paid in NOT.
βͺοΈ Massive NOT Burn: Unclaimed coins will be burned. After the listing, users will have a month to withdraw or lock their NOT, otherwise, they will be partially burned or placed in a fund.
βοΈ Currently, the Notcoin user base is estimated at 35 million people.
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Binance develops 'antidote' to combat address poisoning scams following $68M exploit
After the recent theft of $68 million from a wealthy scatterbrain, Binance has begun developing a tool to combat address π poisoning.
π§βπ» The new algorithm has already tracked over 13.4 million fake addresses on the BNB blockchain and more than 1.68 million on Ethereum.
π This type of fraud targets inattentive users who, in a rush, copy the attacker's address and send tokens to it.
After the recent theft of $68 million from a wealthy scatterbrain, Binance has begun developing a tool to combat address π poisoning.
π§βπ» The new algorithm has already tracked over 13.4 million fake addresses on the BNB blockchain and more than 1.68 million on Ethereum.
π This type of fraud targets inattentive users who, in a rush, copy the attacker's address and send tokens to it.
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π₯ The Notcoin token ($NOT), issued on the TON blockchain, has been listed on Binance and several other major cryptocurrency exchanges.
π Currently, $NOT is trading around $0.01. The maximum price of $NOT in the first few seconds was $0.037.
π Currently, $NOT is trading around $0.01. The maximum price of $NOT in the first few seconds was $0.037.
πΎ199π149π₯63β€54π23π17π16π₯°12π4πΏ2
Morgan Stanley Reports Over $270M in U.S. Spot Bitcoin ETF Holdings
π¦ Morgan Stanley disclosed holding over $270 million in U.S. spot bitcoin exchange-traded funds as of March 31, according to a quarterly 13F filing with the SEC.
π°The bank holds $269.9 million in Grayscaleβs converted spot bitcoin ETF (GBTC), making it the third-largest GBTC holder after Susquehanna and Horizon Kinetics. Additionally, Morgan Stanley has a $2.3 million stake in Ark Investβs spot bitcoin ETF (ARKB), ranking it among the top 20 ARKB holders.
π 13F filings, submitted quarterly by institutional investment managers with at least $100 million in equity assets, reveal long positions in U.S. equities and options but do not include short positions.
π¦ Morgan Stanley disclosed holding over $270 million in U.S. spot bitcoin exchange-traded funds as of March 31, according to a quarterly 13F filing with the SEC.
π°The bank holds $269.9 million in Grayscaleβs converted spot bitcoin ETF (GBTC), making it the third-largest GBTC holder after Susquehanna and Horizon Kinetics. Additionally, Morgan Stanley has a $2.3 million stake in Ark Investβs spot bitcoin ETF (ARKB), ranking it among the top 20 ARKB holders.
π 13F filings, submitted quarterly by institutional investment managers with at least $100 million in equity assets, reveal long positions in U.S. equities and options but do not include short positions.
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Tether and TON Foundation are jointly creating a "seamless crypto-payment solution" with the participation of Oobit.
π±Oobit is a mobile payment app.
π±Oobit is a mobile payment app.
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πͺ Tornado Cash Developer Alexey Pertsev Appeals Conviction
Alexey Pertsev, developer of Tornado Cash, has appealed his conviction in the π³π± Netherlands for money laundering.
π Pertsev's appeal was filed with the s-Hertogenbosch Court of Appeal, but it's unclear if the appeal has been approved yet. It could take several months before a hearing is scheduled.
βοΈPertsev was sentenced to 64 months in prison for facilitating $1.2 billion in money laundering through the crypto mixer between July 2019 and August 2022.
Alexey Pertsev, developer of Tornado Cash, has appealed his conviction in the π³π± Netherlands for money laundering.
π Pertsev's appeal was filed with the s-Hertogenbosch Court of Appeal, but it's unclear if the appeal has been approved yet. It could take several months before a hearing is scheduled.
βοΈPertsev was sentenced to 64 months in prison for facilitating $1.2 billion in money laundering through the crypto mixer between July 2019 and August 2022.
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