🇳🇬 Nigerian Trader's Integrity Restores Trust in Crypto
Femi Akinola's act of honesty has taken social media by storm, rekindling faith in the crypto world. When a mistaken transfer gifted him $14,000 worth of Solana tokens, he promptly returned 90 SOL to its rightful owner, earning admiration and gifts totaling 35 SOL from the community. 🎁💰
🗞 In an interview with Cointelegraph, Akinola shared how he returned the tokens after a trader's giveaway accidentally sent him a fortune. His decision was driven by integrity and faith, highlighting ethical values in crypto transactions.
Akinola hopes his story reshapes perceptions of Nigerian traders globally, aiming to educate through crypto seminars. His actions remind us that integrity transcends borders, fostering hope within the crypto community.
Femi Akinola's act of honesty has taken social media by storm, rekindling faith in the crypto world. When a mistaken transfer gifted him $14,000 worth of Solana tokens, he promptly returned 90 SOL to its rightful owner, earning admiration and gifts totaling 35 SOL from the community. 🎁💰
🗞 In an interview with Cointelegraph, Akinola shared how he returned the tokens after a trader's giveaway accidentally sent him a fortune. His decision was driven by integrity and faith, highlighting ethical values in crypto transactions.
Akinola hopes his story reshapes perceptions of Nigerian traders globally, aiming to educate through crypto seminars. His actions remind us that integrity transcends borders, fostering hope within the crypto community.
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🇩🇪 German parliament member Joanna Kotar criticized the government's decision to hastily sell BTC and called for the development of a comprehensive strategy.
- she wrote.
Kotar emphasized that BTC offers a way to diversify the state's assets, thereby reducing risks tied to traditional investments.
She also extended an invitation to German Chancellor Olaf Scholz, Prime Minister Michael Kretschmer, and Finance Minister Christian Lindner to attend a "Bitcoin Strategies for Nation States” event. 😁
"Instead of holding bitcoin as a strategic reserve currency, as is already being debated in the USA, our government is selling on a large scale,"
- she wrote.
Kotar emphasized that BTC offers a way to diversify the state's assets, thereby reducing risks tied to traditional investments.
She also extended an invitation to German Chancellor Olaf Scholz, Prime Minister Michael Kretschmer, and Finance Minister Christian Lindner to attend a "Bitcoin Strategies for Nation States” event. 😁
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Arkham: No More Than $150 Million Withdrawn from Mt. Gox to Exchanges 🧐
🔎 Online researchers at Arkham meticulously analyzed all fund movements related to Mt. Gox. It was found that only a small portion of the funds managed by trustee Nobuaki Kobayashi has been sent to exchanges so far. Specifically, only 2701.8 BTC ($148.4 million) has been withdrawn from Mt. Gox wallets: 1544.7 BTC ($84.9 million) was sent to Bitbank, and 1157.1 BTC ($63.6 million) was sent to an unknown counterparty, likely registered in the announced repayment program exchange to an unknown exchange.
👀 The remaining 44,527 BTC was moved to another Mt. Gox wallet. Thus, Mt. Gox wallets still hold a total of 138,985 BTC ($7.52 billion).
Bitcoin's price has somewhat recovered following this news and is currently at $55,500.
The varied payout timelines might also be contributing positively: Kraken (90 days), Bitstamp (60 days), BitGo (20 days), and SBI VC Trade and Bitbank (14 days).
🔎 Online researchers at Arkham meticulously analyzed all fund movements related to Mt. Gox. It was found that only a small portion of the funds managed by trustee Nobuaki Kobayashi has been sent to exchanges so far. Specifically, only 2701.8 BTC ($148.4 million) has been withdrawn from Mt. Gox wallets: 1544.7 BTC ($84.9 million) was sent to Bitbank, and 1157.1 BTC ($63.6 million) was sent to an unknown counterparty, likely registered in the announced repayment program exchange to an unknown exchange.
👀 The remaining 44,527 BTC was moved to another Mt. Gox wallet. Thus, Mt. Gox wallets still hold a total of 138,985 BTC ($7.52 billion).
Bitcoin's price has somewhat recovered following this news and is currently at $55,500.
The varied payout timelines might also be contributing positively: Kraken (90 days), Bitstamp (60 days), BitGo (20 days), and SBI VC Trade and Bitbank (14 days).
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A Bit More About Corrections
Adam Back, the legendary cryptographer and cypherpunk who communicated with Satoshi Nakamoto himself (although he never met him in person, of course), and the head of Blockstream, reminds us that previous markets often saw BTC corrections of 30% or more. Currently, it's -26%, so he advises everyone to stay calm and buy the dip. 📉💰😎
Adam Back, the legendary cryptographer and cypherpunk who communicated with Satoshi Nakamoto himself (although he never met him in person, of course), and the head of Blockstream, reminds us that previous markets often saw BTC corrections of 30% or more. Currently, it's -26%, so he advises everyone to stay calm and buy the dip. 📉💰😎
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📊 The head of CryptoQuant clearly demonstrates that sales by the German government are greatly overestimated.
They account for only 4% of the total realized value since 2023 (compare the purple part of the chart to the gray).
In simpler terms, the market has sustained a 25-fold greater transfer of BTC between parties. 🧐
They account for only 4% of the total realized value since 2023 (compare the purple part of the chart to the gray).
In simpler terms, the market has sustained a 25-fold greater transfer of BTC between parties. 🧐
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⬆️ The chart of Germany's Bitcoin balance 📉
Again and again, Warren Buffett's truth is recalled that the market is a mechanism for redistributing wealth from the impatient to the patient. 🧐
😎 And Justin Sun, who previously proposed buying all bitcoins owned by the German government in the OTC market to reduce price pressure, made a mocking comment about the German national football team:
😂😂😂
Again and again, Warren Buffett's truth is recalled that the market is a mechanism for redistributing wealth from the impatient to the patient. 🧐
😎 And Justin Sun, who previously proposed buying all bitcoins owned by the German government in the OTC market to reduce price pressure, made a mocking comment about the German national football team:
The reason the German team lost the game in this European Championship might be because they sold too much Bitcoin.
😂😂😂
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Announcement of key loss near Central Park in New York City
💰 A reward of $10,000 is offered due to a crypto wallet Ledger attached to the keychain.
Having the seed phrase would help recover access to the crypto even without the wallet, but the owner apparently does not remember it. 😢
💰 A reward of $10,000 is offered due to a crypto wallet Ledger attached to the keychain.
Having the seed phrase would help recover access to the crypto even without the wallet, but the owner apparently does not remember it. 😢
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Justin Sun announced that his team is developing a solution that will enable stablecoin transfers without the need to hold a gas asset.
Fees will be paid in stablecoins. 👍
Initially, the service will be launched on Tron, followed by Ethereum and other EVM networks. The launch is expected in the fourth quarter of this year.
Fees will be paid in stablecoins. 👍
Initially, the service will be launched on Tron, followed by Ethereum and other EVM networks. The launch is expected in the fourth quarter of this year.
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Someone is selling Bitcoin, and someone is buying it. 👀
🇯🇵 The Japanese company Metaplanet announced the acquisition of an additional 42.47 BTC for 400 million yen.
The company's total balance now amounts to 203.734 BTC. 💰
What do you think, who is being wiser right now? Governments selling Bitcoin - 👍 or companies buying it - ❤️?
🇯🇵 The Japanese company Metaplanet announced the acquisition of an additional 42.47 BTC for 400 million yen.
The company's total balance now amounts to 203.734 BTC. 💰
What do you think, who is being wiser right now? Governments selling Bitcoin - 👍 or companies buying it - ❤️?
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Half of American Voter Plans to Enter in Crypto!
🇺🇸 Grayscale recently conducted a survey, revealing that if an $ETH ETF is approved, 25% of U.S. voters would be interested in investing in Ethereum.
Moreover, the same survey shows that 47% of voters plan to add cryptocurrencies to their investment portfolios. 🧐
It seems that very soon, they will start to understand our pain. 😁
🇺🇸 Grayscale recently conducted a survey, revealing that if an $ETH ETF is approved, 25% of U.S. voters would be interested in investing in Ethereum.
Moreover, the same survey shows that 47% of voters plan to add cryptocurrencies to their investment portfolios. 🧐
It seems that very soon, they will start to understand our pain. 😁
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Messari CEO Declares War on "Corrupt" SEC
📰 Messari CEO has issued a "Declaration of Independence" from the SEC, criticizing Chairman Gary Gensler as corrupt and ineffective.
👀 The company plans to stop cooperating with the SEC and provide higher-quality crypto market reporting without taxpayer costs. The declaration highlights SEC's failures, political persecution of legitimate entities, and questions its authority over crypto markets.
✔️ Messari aims to compete with the SEC by offering a global service, believing that current regulations hinder U.S. crypto leadership and economy.
📰 Messari CEO has issued a "Declaration of Independence" from the SEC, criticizing Chairman Gary Gensler as corrupt and ineffective.
👀 The company plans to stop cooperating with the SEC and provide higher-quality crypto market reporting without taxpayer costs. The declaration highlights SEC's failures, political persecution of legitimate entities, and questions its authority over crypto markets.
✔️ Messari aims to compete with the SEC by offering a global service, believing that current regulations hinder U.S. crypto leadership and economy.
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Scammers Fell for Their Own Trick and Lost 10 ETH ($30,000)! 🙀
👚 The notorious group Pink Drainer, known for stealing cryptocurrency from wallets, became victims of an address poisoning attack (spam transactions). 😁
🧪 Spam transaction fraud occurs when scammers send small amounts to a wallet from addresses that resemble the user's address. Some users copy addresses from their recent transaction history when sending funds, leading to the loss of crypto assets. Recently, a user lost 1,155 WBTC due to such a scheme (the funds were later returned).
👚 The notorious group Pink Drainer, known for stealing cryptocurrency from wallets, became victims of an address poisoning attack (spam transactions). 😁
🧪 Spam transaction fraud occurs when scammers send small amounts to a wallet from addresses that resemble the user's address. Some users copy addresses from their recent transaction history when sending funds, leading to the loss of crypto assets. Recently, a user lost 1,155 WBTC due to such a scheme (the funds were later returned).
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Bybit Exchange Announces Pre-market Listing of Hamster Kombat!
There is no official information from the developers yet, but if the pre-market has launched on Bybit, a full listing is also expected there. 🧐
There is no official information from the developers yet, but if the pre-market has launched on Bybit, a full listing is also expected there. 🧐
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Samourai Wallet CTO Released on $2M Bail
🥷 William Lonergan Gill, CTO of Samourai Wallet, has been released on $2 million bail after his extradition from Portugal. His first hearing is scheduled for July 9 or 10 in New York. 💰
Despite government opposition, his lawyers argued he isn't a flight risk and that the charges are unprecedented.
👀 Gill, accused of aiding in laundering $100 million for cybercriminals, was released after paying $200,000 in cash and securing the rest with his family home. The case has sparked public debate, with senators criticizing the prosecution.
💲 The defense emphasized that peer-to-peer apps like Samourai Wallet aren't considered money transfer services and have been available legally for years.
🥷 William Lonergan Gill, CTO of Samourai Wallet, has been released on $2 million bail after his extradition from Portugal. His first hearing is scheduled for July 9 or 10 in New York. 💰
Despite government opposition, his lawyers argued he isn't a flight risk and that the charges are unprecedented.
👀 Gill, accused of aiding in laundering $100 million for cybercriminals, was released after paying $200,000 in cash and securing the rest with his family home. The case has sparked public debate, with senators criticizing the prosecution.
💲 The defense emphasized that peer-to-peer apps like Samourai Wallet aren't considered money transfer services and have been available legally for years.
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BTC Losing Holders
📉Since June 15, the number of BTC wallets with a balance has decreased by 560,000.
According to Santiment, this indicates a clear sign of fear.🧐
In January, a similar situation was followed by growth. 🚀
📉Since June 15, the number of BTC wallets with a balance has decreased by 560,000.
According to Santiment, this indicates a clear sign of fear.🧐
In January, a similar situation was followed by growth. 🚀
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Yesterday, American funds made a significant purchase of Bitcoin during the dip, amounting to $294 million.
This is the largest net inflow into a Bitcoin ETF in the US in the past month. 💰
🇩🇪 They could have negotiated directly with the German government for the purchase, as they continue to actively sell their Bitcoins on centralized exchanges. 🧐
This is the largest net inflow into a Bitcoin ETF in the US in the past month. 💰
🇩🇪 They could have negotiated directly with the German government for the purchase, as they continue to actively sell their Bitcoins on centralized exchanges. 🧐
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The CBOE Exchange has submitted applications to the U.S. SEC for listing shares of spot ETFs based on Solana from VanEck and 21Shares.
The regulator will have 240 days to approve these funds or reject their launch.
👀 According to Bloomberg ETF market analyst Eric Balchunas, the likely launch of such products will be influenced by the results of the 🇺🇸 U.S. presidential election. He believes approval is possible only if Donald Trump wins.
The regulator will have 240 days to approve these funds or reject their launch.
👀 According to Bloomberg ETF market analyst Eric Balchunas, the likely launch of such products will be influenced by the results of the 🇺🇸 U.S. presidential election. He believes approval is possible only if Donald Trump wins.
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Updated Applications for ETH ETF
📝 Grayscale has submitted an updated application for a spot ETH ETF, indicating July 18 as the date for the initial creation and distribution of Grayscale Ethereum Mini Trust shares to ETHE shareholders.
👀 21Shares and VanEck have also updated their applications.
It shouldn’t be long now 🤓🚀
📝 Grayscale has submitted an updated application for a spot ETH ETF, indicating July 18 as the date for the initial creation and distribution of Grayscale Ethereum Mini Trust shares to ETHE shareholders.
👀 21Shares and VanEck have also updated their applications.
It shouldn’t be long now 🤓🚀
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