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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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πŸ™€ Developer of Cypher admits to stealing protocol funds and losing everything in gambling

πŸ§‘β€πŸ’» A developer of the Cypher protocol based on Solana admitted to stealing money from the fund intended for recovery from hacker attacks.

πŸ’° In total, he stole $300K and lost it all in gambling.

πŸ‘€ Previously, Cypher had been hacked for approximately $1 million, after which a contract was created to return the money to the victims.
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Underground bank with a turnover of $1.9 B in USDT was destroyed in China

πŸ‡¨πŸ‡³ Chinese law enforcement halted the operations of an underground cryptocurrency bank that provided financial services to smugglers and those looking to transfer assets abroad.

πŸ’°To evade national currency oversight, the suspects used USDT in their activities, conducting payment operations totaling 13.8 billion yuan (over $1.9 billion).

πŸ‘€ 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.🧐
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The State of Wisconsin Investment Board (SWIB) has purchased Bitcoin ETF shares worth over $162,000,000

β–ͺ️ Over $99 М in Bitcoin ETF from BlackRock.

β–ͺ️ Over $63 M in Bitcoin ETF from Grayscale.

πŸ‘€ The State of Wisconsin Investment Board (SWIB) provides investment management for trusts and public funds. Assets under management exceed $165,6 B.
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Circle plans to move headquarters from Ireland to the USA

According to Bloomberg, 🧐 Circle has filed court documents to move its legal headquarters from Ireland to the USA.

πŸš΄β€β™€οΈ This move is part of their preparation for an upcoming IPO.
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Inflation in the US decreased ⬇️ by 0.1% over the last month, to 3.4%. Bitcoin responded by surging πŸ“ˆ to over $64,000.
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🌲Pine Ridge Advisers invested $205M in Bitcoin ETF

πŸ’°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! πŸ’ͺ
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βœ‹ 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:

1️⃣React to this message with πŸ‘Ύ emoji

2️⃣Share this message with a friend

3️⃣Fill out the Google form.

4️⃣To be subscribed to Daily Drops channel, where the results will be posted

πŸ’°The prize pool of $50 will be distributed as follows:

◾️1st place - $20 USDT
◾️2nd place - $10 USDT
◾️3rd place - $8 USDT
◾️4th place - $4 USDT
◾️5th place - $4 USDT

πŸ‘†All 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.

❗️ 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.

βœ”οΈ 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.
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Two brothers have been arrested for stealing $25,000,000 in Ethereum

πŸ‘₯ They took advantage of a vulnerability in the popular software MEV-Boost, manipulating transactions in Ethereum blocks to misappropriate assets.

πŸ‘€ 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.
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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 country’s entire pension system, Bloomberg reports.
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Millennium Management has acquired $1.94 billion in spot Bitcoin ETFs

πŸ’° 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:

β–ͺ️ ARK 21Shares Bitcoin ETF (ARKB) β€” $45 million

β–ͺ️ Bitwise Bitcoin ETF (BITB) β€” $44.7 million

β–ͺ️ Grayscale Bitcoin Trust (GBTC) β€” $202 million

β–ͺ️ iShares Bitcoin Trust (IBIT) β€” $844.2 million

β–ͺ️ 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 πŸ‘€. Does anyone still doubt that Bitcoin is about to explode? πŸ”₯
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Notcoin сo-founder announces NOT burn! πŸ”₯

πŸ‘€On 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.

πŸš€ 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.

πŸ“ During the AMA session for OKX users, Alexander Plotvinov shared the project's plans:

β–ͺ️ Building a gaming ecosystem: Notcoin's infrastructure will be made available to third-party game developers. All user rewards will be paid in NOT.

β–ͺ️ 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.

βœ”οΈ 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 πŸ„ poisoning.

πŸ§‘β€πŸ’» The new algorithm has already tracked over 13.4 million fake addresses on the BNB blockchain and more than 1.68 million on Ethereum.

πŸ‘€ 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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πŸ”₯ The Notcoin token ($NOT), issued on the TON blockchain, has been listed on Binance and several other major cryptocurrency exchanges.

πŸš€ Currently, $NOT is trading around $0.01. The maximum price of $NOT in the first few seconds was $0.037.
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Morgan Stanley Reports Over $270M in U.S. Spot Bitcoin ETF Holdings

🏦 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.

πŸ’°The bank holds $269.9 million in Grayscale’s 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 Invest’s spot bitcoin ETF (ARKB), ranking it among the top 20 ARKB holders.

πŸ“ 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.

πŸ“±Oobit is a mobile payment app.
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πŸŒͺ Tornado Cash Developer Alexey Pertsev Appeals Conviction

Alexey Pertsev, developer of Tornado Cash, has appealed his conviction in the πŸ‡³πŸ‡± Netherlands for money laundering.

πŸ‘€ 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.

βœ”οΈPertsev 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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βœ‹ 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:

1️⃣React to this message with πŸ‘Ύ emoji

2️⃣Share this message with a friend

3️⃣Fill out the Google form.

4️⃣To be subscribed to Daily Drops channel, where the results will be posted

πŸ’°The prize pool of $50 will be distributed as follows:

◾️1st place - $20 USDT
◾️2nd place - $10 USDT
◾️3rd place - $8 USDT
◾️4th place - $4 USDT
◾️5th place - $4 USDT

πŸ‘†All 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.

❗️ 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.

βœ”οΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
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Forwarded from Daily Drops
πŸŽ‰ Congratulations to the winners of the first cash prize giveaway from the Crypto Soothsayer channel!

β–ͺ️1st place - $20 USDT - @abdul wahab
β–ͺ️2nd place - $10 USDT - @watchdog39
β–ͺ️3rd place - $8 USDT - @dead_haku09
β–ͺ️4th place - $4 USDT - Chukwunyere blessing
β–ͺ️5th place - $4 USDT - @database1211

πŸ’° All prizes have been paid to the winners in $TON at the current exchange rate.

⚑️Stay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
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Ten times more companies invested in Bitcoin ETFs than in gold!

πŸ™€ As of March 31, 937 professional firms invested in U.S. spot Bitcoin ETFs, while only 95 firms invested in gold ETFs in the first quarter.

πŸ‘€ However, retail investors still own the majority of shares in Bitcoin ETFs. Professional investors had $11.06 billion in Bitcoin ETFs by the end of Q1, which is 18.7% of the total assets under management (AUM) for Bitcoin ETFs.

βœ”οΈ The largest ETFs have attracted the most institutional money. ARKB and HODL have a lot of institutional investments, supported by ARK and VanEck's involvement in these ETFs.
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