Binance has added support for USDT on the TON blockchain!

📈 TON continues to make waves in the cryptocurrency world, and top publications couldn't help but notice.

📰 Yesterday, CoinDesk published an article titled "Telegram Is Crypto’s Adoption Machine" in which experts declare that Telegram and TON have become a true panacea for the crypto industry.

LayerZero Airdrop Chaos: Polymarket Bettors in Turmoil!

💭 LayerZero Labs' new "Proof-of-Donation" mechanism has thrown the Polymarket community into disarray. To receive ZRO tokens, claimants must donate $0.10 per token to the Protocol Guild, sparking a heated $680,000 wager debate on Polymarket. 💸

⚖️ Bettors had almost unanimously bet "Yes" on LayerZero's airdrop happening by June 30, but when the donation requirement was revealed, odds plummeted to 54%. LayerZero insists this isn’t an airdrop, arguing traditional airdrops harm community building. 🤔

🗣 Polymarket users are divided: some cry foul play, fearing manipulation, while others argue LayerZero doesn’t define what constitutes an airdrop. UMA, Polymarket’s dispute resolution partner, will now decide the outcome.

🏦 Standard Chartered is developing a platform for trading BTC and ETH - Bloomberg. The new crypto division will be part of the bank's currency trading department .

💲 MicroStrategy has acquired an additional 11,931 BTC for $785 million (~$65,883 per coin). In total, MicroStrategy now holds 226,331 BTC, purchased for approximately $8.33 billion.

Tether today blocked 5 sanctioned wallets with 48,000,000 USDT in the account.

💪 Unlike centralized Tether, Bitcoin is decentralized (leaving aside the fact that Bitcoin mining is controlled by only a few mining pools). Bitcoin nodes are currently deployed in 95 countries worldwide.

Arbitrum Fees Soars Amid LayerZero Token Claims! 🚀

🙀 Arbitrum's daily fee skyrocketed to a record $3.4 million in ETH on Thursday, thanks to the frenzy around LayerZero’s ZRO token claims. This is a massive jump from just $20,000 on June 19 – a whopping 16,500% increase! 📈💸

LayerZero’s airdrop opened at 11:00 UTC on Thursday and will run until Sept. 20, with 85 million ZRO tokens up for grabs. To claim, participants must donate $0.10 per ZRO in USDC, USDT, or ETH, supporting Protocol Guild’s Ethereum core research.

🚀 USDT on TronNetwork Outpaces Visa's Daily Trading Volume!

📊💸 In the last 24 hours, the trading volume of $USDT on Tron Network hit an impressive $53 billion, surpassing Visa's average daily trading volume, according to LookOnChain.

🌐 For context, Visa's Q1 2024 trading volume was $3.78 trillion, averaging $42 billion per day. TronNetwork is definitely making waves in the financial world! 💥

But USDT on Tron has a worthy competitor in USDT on Ton 😉

The crypto exchange BtcTurk was hacked, $54 M stolen

Cryptocurrency experts assess that BtcTurk, a major Turkish exchange, has suffered a staggering loss of $54 M due to a recent hacking incident. 🙀

💣 On June 22, hackers breached BtcTurk's security, gaining access to hot wallets containing various cryptocurrencies. As a precaution, exchange has halted deposits and withdrawals pending a full investigation. 🚫

Fortunately, the majority of assets held in cold wallets remain secure. Notably, Colin Wu reported the unauthorized sale of AVAX tokens totaling $54 M, traced back to the initial hack at BtcTurk.

📝 Reports from blockchain analyst ZachXBT also indicate losses of at least 1.96 million AVAX ($54.2 M) and subsequent large withdrawals of BTC from Coinbase and Binance.

🕵️‍♂️ Additionally, there are suspicions of the same hacker being involved in a $3.5 M breach of an online casino. Binance CEO Richard Teng has announced the freezing of stolen funds worth $5.3 M to aid BtcTurk in their investigation.

📉 Against the backdrop of Bitcoin dropping below $63,000, the "Fear and Greed Index" has plummeted by 20 points over the past week, now standing at 51. Traders remain cautiously optimistic, but further price declines could push the index into "Fear" territory.

👀 In June, Bitcoin miners sold over 30,000 BTC (~$2 billion), marking a record for the year. Miner inventories have dropped to their lowest level in 14 years, attributed to reduced mining profitability following the recent halving.

♊️ The Winklevoss twins, founders of the Gemini exchange, were refunded $2 million in BTC. Their donation to Donald Trump's presidential campaign exceeded federal limits. Without these donations, Trump had gathered only $59,385 in cryptocurrency for his campaign. 🤷

Michael Dell made several posts about Bitcoin

💻 The billionaire and founder of Dell, Michael Dell, shared a post by Michael Saylor stating that Bitcoin represents digital scarcity.

📝 Additionally, Dell conducted a poll on the next major technological breakthrough, offering options such as blockchain, AI, the space industry, and quantum computers.

🍪 Later, he shared an image featuring BTC.

In 2014, Dell was one of the first major companies to start accepting Bitcoin. However, it later discontinued this option.

📉 Bitcoin fell below $61,000 in an instant - the minimum since mid-May. 😥

Mt.Gox will start distributing BTC and BCH from July 2024.

💲 The trustee handling the 2014 bankruptcy of Mt.Gox has announced plans to begin compensating creditors with Bitcoin, Bitcoin Cash, and cash starting in early July.

👀 This decision follows the completion of preparatory processes, including technical support assurance, adherence to regulatory requirements in each jurisdiction, and coordination of transfers with various cryptocurrency exchanges.

💰 Payments will commence in sequence to platforms that have verified necessary information. The total payout is anticipated to exceed $9 billion.

The market reacted nervously to the news, with Bitcoin experiencing heightened trading volumes and briefly dropping below $61,000 before stabilizing around $61,200. 📉

The options market is betting on Ethereum rising to $4000 by September

💲There is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.

📉 Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.

👀 Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot exchange-traded funds (ETFs) based on the asset in the US.

🤔 Traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an ETH-ETF.

Tether is discontinuing the issuance of USDT on EOS and Algorand due to low interest.

💵 Meanwhile, the total supply of USDT issued on the TON network has exceeded 580 million tokens.

EOS once held great promise. However, old and obsolete blockchains are now becoming a thing of the past, making way for more progressive alternatives. 🤷

The Ethereum Foundation warns of phishing attempts impersonating them

Their email service, SendPulse, was compromised, allowing hackers to target users. They've alerted potential victims and cautioned against fraudulent collaborations promising 6.8% interest.

Further details are undisclosed. Recently, email services like GetResponse, used by CoinGecko and Tether, also faced security breaches.

Coinbase has become the most popular crypto brand among scammers

🥷 Cryptocurrency scammers most frequently mimic the Coinbase exchange brand to deceive their victims. Over the past four years, the Coinbase brand has been used in 416 scam schemes and phishing attacks.

🌐 According to CoinMarketCap, Coinbase is the second-largest centralized cryptocurrency exchange globally, with a daily trading volume exceeding $1.8 billion. On CoinGecko's rating, the platform has the highest trust score alongside Binance, Bybit, and OKX. 🧐

🔎 Overall, analysts have studied 1.14 million incidents where scammers posed as a well-known company or organization more than 249,000 times.

👀 Among traditional firms, Facebook is the most popular among scammers, mentioned in 10,457 registered cases of fraud.

🗒 The U.S. Tax Administration featured in 9,762 incidents, and Apple in 9,110. Following them are Amazon (8,919), Steam (4,833), and Microsoft (4,518).

Sales and Discounts

That's exactly how today's Bitcoin fallen looks from the perspective of Julian Liniger, co-founder and CEO of the Swiss Bitcoin payment app Relai.

🔥- I'm agree

👍- What a discounts, bears at the doorstep!

Bitcoin continues to scare!

📉 With the brief drop of Bitcoin below the psychologically significant $60,000 mark, the Fear and Greed Index has also dropped significantly - down 20 points from yesterday to 30 - "Fear". This is the lowest reading in 18 months! 🙈

👀 Currently, Bitcoin is trading in the range of $60,500 to $61,000. However, according to analysts at 10x Research, this may not be the end - a correction to $50,000 could be possible in the near future. 🧐

💰 As if we didn't have enough news about Mt.Gox, the German government is also dumping! They are selling bitcoin again—today they transferred 400 BTC ($24.3 million) to the exchanges Coinbase and Kraken. 🧐 The government wallets still hold 46,859 BTC worth $2.85 billion.

👀 However, the situation with Mt.Gox is not so straightforward. According to Galaxy Digital, retail investors are expected to receive about 65,000 BTC ($3.9 billion) from Mt.Gox, with the remainder going to institutional investors - meaning that the selling pressure should be less than market expectations.

Creator of Telegram Pavel Durov again wrote about a tap game, and it's not NotCoin! 😂 This time, he singled out Tap Swap, praising them for choosing the TON ecosystem and achieving 56 million users without any marketing 😲.

🐭 Fans of Hamster Combat are outraged, but they are also mentioned, albeit by the Iranian authorities 😄. They consider Hamster Kombat as a tool of soft power designed by Western countries. 🧐 Some ministers stated that the game was intended to distract the Iranian population from the upcoming elections in the country, and the entire cryptocurrency sphere is seen as fraudulent. 😁

Bybit Doubles Trading Volumes After Bitcoin ETF Launch, Binance Losing Ground!

🚀 The launch of spot Bitcoin ETFs in the U.S. has significantly boosted global cryptocurrency trading volumes. Bybit capitalized on this, doubling its market share from 8% to 16%. This surge has positioned the platform as the second-largest in the world by this metric, trailing only Binance (54%). 💪

👀 Despite improvements in revenue and profit metrics, Coinbase's global market share increased by only 1% from October to March.

🤷 Notably, Binance's market share decreased from 60% to 54%, even though the exchange resolved all disputes with U.S. regulators by the end of 2023.

🔎 Analysts attribute Bybit's success to its competitive fees, which are among the lowest in the industry.

Solana Unveils New Tool for Transactions via Links

🚀 Solana has launched a new tool called Actions, designed to transform any website or app into a gateway for cryptocurrency transactions.

🧑‍💻 Developers have also announced the introduction of blinks (blockchain links), which allow a URL to serve as the starting point for a crypto transaction on the Solana blockchain.

🔗 These tools enable users to initiate transactions directly from links shared on social media or websites.

VanEck has filed Form 8-A with the SEC for a spot Ethereum ETF - Eric Balchunas

👀 However, at the beginning of the year, VanEck filed Form 8-A for a Bitcoin ETF exactly one week before its listing – a strong indication that the spot Ethereum ETF might be listed as soon as July 2. 💪🚀