Former FTX CEO Ryan Salame sentenced to 7.5 years in prison

🇺🇸 The US Attorney's Office has sentenced former FTX CEO Ryan Salame to 7.5 years of imprisonment.

🤷 Earlier, he pleaded guilty to conspiracy to make illegal political contributions and fraud with the Federal Election Commission, as well as conspiracy to operate an unlicensed money transmitting business.

LayerZero activity hits lowest level in a year

📉 Activity on the LayerZero protocol has reached its lowest level in a year. Specifically, the number of messages sent dropped from 348K on April 30 to 70K on May 5.

👀 Recently, this number has dropped below 40K.

Earlier, LayerZero announced that it had taken a snapshot for a drop distribution to its users, and then declared its intention to 🪤 catch all sybils.

🏹 This hunt for sybils has already become legendary, just ask Ruslan. 😂

Bernstein forecasts the growth of the crypto-ETF market to $450 billion

💰The total value of exchange-traded funds based on Bitcoin and Ethereum will rise to $450 billion in the next two years, according to Bernstein.

🔮 Experts also confirmed their forecast that the first cryptocurrency will grow to $80,000-90,000 by the end of the year, and at its peak in 2025, it will reach $150,000.

👀 They also noted that the approval of ETH-ETF has positive implications for other tokens, as they can use the same precedent. "Solana will benefit," Bernstein hints at the possibility of an ETF for Solana. 🧐

Previously, JPMorgan expressed doubts that the SEC would approve a Solana ETF.

U.S. Court Closes DEBT Box Case and Orders SEC to Pay $1.8 Million Fine

⚖️ On May 28, 2024, the Utah District Court (USA) concluded the DEBT Box case, dismissing the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against the organization.

🔨 The judge also ordered the regulator to pay approximately $1.8 million to the attorneys and receivers. According to the document, the SEC will pay around $1 million to the attorneys as fees and expenses, and $750,000 to the arbitration manager.

✔️ To recall, the SEC's lawsuit against DEBT alleged that the firm engaged in financial fraud with cryptocurrencies amounting to $50 million. Later, the company provided evidence that the regulator distorted facts and made false statements.

Semler Scientific Adds 581 BTC to Its Balance. Shares Rise by 28%

🚑 Semler Scientific, a company specializing in medical technologies, announced the purchase of 581 BTC with a total value of $40 million.

Semler Scientific's shares, listed on Nasdaq, responded with an increase 📈 of more than 28%.

BlackRock's IBIT Bitcoin ETF Surpasses Grayscale's GBTC

🌋BlackRock's Bitcoin ETF has become the largest in the world, overtaking Grayscale in terms of BTC holdings.

💰 As of today, IBIT has $20 billion, while GBTC has $19.7 billion.

👀 Additionally, BlackRock purchased $4 million worth of its own spot Bitcoin ETF shares, adding these shares to its two funds - BSIIX and MAWIX.

BTC has yet to reach 🏔 a new high adjusted for inflation and relative to Gold!

According to well-known trader Peter Brandt, this is an indirect sign that the 🐃 bull market is still in its early stages. 💪🚀

Researchers Recover Access to 2013 Bitcoin Wallet Worth Nearly $3 Million!

Thanks to a flaw in an old version of 🤖 RoboForm and a bit of luck, researchers helped one man recover access to 43.6 BTC, worth about 💰 $3 million. He lost the password to his wallet, created in 2013, after a file got corrupted.

🔍 In 2022, he reached out to famed hacker Joe Grand (Kingpin), who teamed up with Bruno from Germany. They 🔨 reverse-engineered the 2013 RoboForm version and found a flaw in its password generation, which used the computer's date and time.

Despite multiple failed attempts, they finally 🎉 cracked the password in November 2023. The happy owner of the recovered password sold part of his BTC when the price hit $62,000 and plans to hold the rest until it reaches $100,000. 🚀

💡 Losing the password turned out to be a stroke of luck, as it prevented him from selling earlier at a lower price.

LayerZero Expands to Solana Blockchain

💰 Crypto holders on Solana will be able to transfer their assets to Arbitrum, Ethereum, Polygon, and over 70 other connected chains, and vice versa.

👀 The crypto bridging protocol LayerZero is set to integrate with the Solana blockchain, creating an additional pathway for crypto assets to move between Ethereum and its largest competitor.

🌉 LayerZero Labs, the developer of the bridging protocol, announced that this expansion will enable seamless asset transfers for Solana users to and from Arbitrum, Ethereum, Polygon, and the numerous other chains it supports.

Hmmm, maybe it will at least help boost activity on the LayerZero network, which has fallen to its lowest level in a year. 🧐

✋ 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 👾 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

💰The prize pool of $50 will be distributed as follows:

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

👆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.

✔️ 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!

🎉 Congratulations to the winners of the cash prize giveaway from the Crypto Soothsayer channel!

▪️1st place - $20 - @Cameronxyz
▪️2nd place - $10 - @promisingstar
▪️3rd place - $8 - @sadeeqah
▪️4th place - $4 -@TheHighLordofPussyTown
▪️5th place - $4 - @Neostron


💰 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!

💳 Mastercard introduces the possibility of P2P transactions via UID

👥 Users of crypto exchanges Bit2Me, Lirium, Mercado, Foxbit, and Lulubit will be able to conduct P2P transactions using the "Mastercard Crypto Credential" identifier instead of a wallet address.

👀 Users need to obtain their UID from a Mastercard partner service.

📳 The service is currently available only in Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland, and Uruguay.

Brokerage firm Hidden Road will restrict its clients from trading on the Bybit crypto exchange.

Hidden Road provides services to institutional clients.

👀 Reason: Disagreements over KYC and AML (Know Your Customer and Anti-Money Laundering) requirements — Hidden Road demands stricter rules.

Bybit has initiated a "comprehensive compliance review" of its main brokerage business.🧐

A Bitcoin user transferred BTC worth $4,500,000,000 and paid a fee of only $2.8. 🧐

💰 This is much better than paying $17,500 to transfer 1.34 BTC ($91,000), isn't it? 😁

🌋 BlackRock's spot Bitcoin ETF has become the fastest-growing ETF in the world ever, reaching nearly $20 billion in assets in just 137 days.

👀 The previous record was held by the JEPI ETF (JPMorgan Equity Premium Income ETF-ETF Shares), which took 985 days to reach $20 billion.

🚀 Recently, BlackRock's Bitcoin ETF became the largest in the world, surpassing Grayscale in BTC volume.

Joe Biden's campaign team is actively engaging with major players in the crypto industry.

🇺🇸 The U.S. presidential candidate's team has been receiving recommendations and developing policies on digital assets over the past two weeks.

🔎 Insiders note a positive "shift" in the Biden administration's tone towards cryptocurrency. This explains the sudden change in policy regarding the Ethereum ETF.

I wonder if they have already found a meme expert for their team? 🧐😁

The SpaceCatch staking contract was hacked despite passing all possible audits, causing the $CATCH token to plummet by 95%.

👀 The SpaceCatch team announced full compensation for the damage. A new token will be issued, which will be distributed to $CATCH holders prior to the hack at a 1:1 ratio.

An agreement with the market maker has already been reached, ensuring that the new token's price will be $1, as it was before the hack. 🧐

Telegram Wallet Tightens User Data Collection

📨 The official Telegram cryptocurrency wallet, Wallet, has announced a change in custodial service provider and a new data collection policy. Colin Wu brought attention to this update.

Starting May 30, 2024, Wallet services will be provided by WOT Global Solution Ltd.

📝 The information collected includes "name, address, phone number, transaction data, and any other details they may have about you."

👀 By continuing to use the wallet from the time the document was published, users automatically agree to all the listed terms.

🤷 The document states that users can opt out of the changes by ceasing to use Wallet, withdrawing their balance, and deleting their account.

Wu also mentions that starting June 3, all functions except withdrawals will require updated account information, although this is not stated in the document. 🧐

ZkSync wants to patent the term "zero-knowledge." The ticker ZK is already theirs.

🧑‍💻 Matter Labs (the developer of the ZkSync blockchain) has filed trademark applications in nine countries, claiming that the term "zero-knowledge" is the company's intellectual property.

Naturally, the crypto community reacted extremely negatively to this. 😡

Polygon co-founders Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Network co-founder Tiancheng Xie, and Turing Award winner and co-author of ZK-proofs Shafi Goldwasser wrote an open letter urging Matter Labs to stop acting in this way. 🫷

🤷 Polyhedra has already backed down from its claims on the ticker ZK and will change it to ZKJ due to pressure from ZkSync.

✋ 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 👾 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

💰The prize pool of $50 will be distributed as follows:

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

👆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.

✔️ 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!