Changpeng Zhao Begins Serving His Prison Sentence
According to CNBC, Binance founder Changpeng Zhao has started serving his sentence in a high-security federal prison in Lompoc, California.
βοΈ He was sentenced to four months in prison and pleaded guilty to aiding money laundering.
π CZ has become the wealthiest person serving time in an American prison β his stake in Binance and personal fortune are valued at $43 billion.
According to CNBC, Binance founder Changpeng Zhao has started serving his sentence in a high-security federal prison in Lompoc, California.
βοΈ He was sentenced to four months in prison and pleaded guilty to aiding money laundering.
π CZ has become the wealthiest person serving time in an American prison β his stake in Binance and personal fortune are valued at $43 billion.
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President Joe Biden has vetoed a bill SAB 121 aimed at overturning the SEC's controversial bulletin, which sets accounting standards for firms that custody crypto.
π In a statement to the House, Biden emphasized the importance of protecting consumers and investors.
π Earlier, the House and Senate had voted in favor of repealing SAB 121, with bipartisan support. However, overturning a presidential veto requires a two-thirds majority from both houses, making it a challenging endeavor.
π In a statement to the House, Biden emphasized the importance of protecting consumers and investors.
π Earlier, the House and Senate had voted in favor of repealing SAB 121, with bipartisan support. However, overturning a presidential veto requires a two-thirds majority from both houses, making it a challenging endeavor.
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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
βΎοΈ2nd place - $10
βΎοΈ3rd place - $8
βΎοΈ4th place - $4
βΎοΈ5th place - $4
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 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!
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
βΎοΈ2nd place - $10
βΎοΈ3rd place - $8
βΎοΈ4th place - $4
βΎοΈ5th place - $4
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 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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Every day crypto π² drops! Subscribe to everyday earnings!
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Forwarded from Daily Drops
π Congratulations to the winners of the cash prize giveaway from the Crypto Soothsayer channel!
βͺοΈ1st place - $20 - @nicox96
βͺοΈ2nd place - $10 - @onlyoneloverboy
βͺοΈ3rd place - $8 - @Emmanuel000000001
βͺοΈ4th place - $4 - @banjorlee123
βͺοΈ5th place - $4 - @Uchiha
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
βͺοΈ1st place - $20 - @nicox96
βͺοΈ2nd place - $10 - @onlyoneloverboy
βͺοΈ3rd place - $8 - @Emmanuel000000001
βͺοΈ4th place - $4 - @banjorlee123
βͺοΈ5th place - $4 - @Uchiha
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
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π₯ The week started well for those who haven't sold their Notcoins right after listing or at early stages. π Over the weekend, the price of $NOT reached a new ATH of $0.0294. Now, Notcoin seems to be undergoing a correction.
Did you manage to sell at a good price?
Yes - π
I sold right after listing - π
I'm still HODLing - β€οΈ
Did you manage to sell at a good price?
Yes - π
I sold right after listing - π
I'm still HODLing - β€οΈ
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Velocore Hacked for $10 Million!
π The decentralized exchange Velocore was hacked for $10 million. The project operated on two networks: zkSync and Linea.
Hackers transferred part of the ETH to the main Ethereum network.
π The developers noted that they are working to compensate those affected during the process. Users can claim a refund of up to 80% of their initial deposit on Velocore.
π The decentralized exchange Velocore was hacked for $10 million. The project operated on two networks: zkSync and Linea.
Hackers transferred part of the ETH to the main Ethereum network.
π The developers noted that they are working to compensate those affected during the process. Users can claim a refund of up to 80% of their initial deposit on Velocore.
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The developers of ZkSync have abandoned the idea of registering the term ZK as a trademark
π§βπ» Matter Labs (the company developing the ZkSync blockchain) has completely abandoned its attempts to register the term "ZK" as a trademark.
Previously, many industry participants opposed Matter Labs' intentions, stating that ZK and the concept of zero-knowledge should remain a public good.
π§βπ» Matter Labs (the company developing the ZkSync blockchain) has completely abandoned its attempts to register the term "ZK" as a trademark.
Previously, many industry participants opposed Matter Labs' intentions, stating that ZK and the concept of zero-knowledge should remain a public good.
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Uniswap Delays Vote on UNI Stakers' Rewards
π¦ The Uniswap Foundation has delayed the vote on a proposal that would allow users to receive rewards for staking UNI.
It is unknown when the vote will be started. π§
π¦ The Uniswap Foundation has delayed the vote on a proposal that would allow users to receive rewards for staking UNI.
It is unknown when the vote will be started. π§
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π° Billionaire and one of Facebook's early executives Chamath Palihapitiya stated that he expects Bitcoin to reach $500,000 by October 2025. He also mentioned that it would be a wise move for some countries to use BTC alongside their local currency.
π Meanwhile, tomorrow, June 4, the first spot Bitcoin ETF will start trading in Australia.
π Meanwhile, tomorrow, June 4, the first spot Bitcoin ETF will start trading in Australia.
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Crypto exchanges Binance, OKX, HTX, and Gate have withdrawn their licenses to operate in Hong Kong
π This happened following a demand by the Hong Kong regulator to include a complete ban on servicing clients from mainland China in the platforms' rules.
π This happened following a demand by the Hong Kong regulator to include a complete ban on servicing clients from mainland China in the platforms' rules.
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Since the SEC approved spot Ethereum ETFs, approximately 777,000 ETH worth $3 billion have been withdrawn from centralized exchanges.
However, not everyone is withdrawing ETH from exchanges; some are depositing it. For example, early Ethereum investors.
π A user who bought 100,000 ETH during the Ethereum ICO in 2015 (at $0.31 per coin) transferred 8,517 ETH ($32.5 million) to the Kraken exchange.
He has 14,600 ETH ($55.84 million) left in his account. π§
However, not everyone is withdrawing ETH from exchanges; some are depositing it. For example, early Ethereum investors.
π A user who bought 100,000 ETH during the Ethereum ICO in 2015 (at $0.31 per coin) transferred 8,517 ETH ($32.5 million) to the Kraken exchange.
He has 14,600 ETH ($55.84 million) left in his account. π§
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Analysts at Lookonchain have tracked a Notcoin whale with an unrealized profit of $862,000
π He spent 50,550 $TON ($278,000) to buy 46.4 billion $wNOT before $NOT was listed.
On May 21, he exchanged all 46.4 billion $wNOT for 46.4 million $NOT and has held them since, achieving a profit of approximately $862,000. π°πͺ
π He spent 50,550 $TON ($278,000) to buy 46.4 billion $wNOT before $NOT was listed.
On May 21, he exchanged all 46.4 billion $wNOT for 46.4 million $NOT and has held them since, achieving a profit of approximately $862,000. π°πͺ
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Michael Saylor to Pay $40 Million in Tax Evasion Case
π MicroStrategy founder Michael Saylor has agreed to settle a case with the District of Columbia. As part of the agreement, Saylor will pay $40 million.
βοΈ In 2022, the District of Columbia sued Saylor and his company, alleging that the company executive had not paid income taxes for more than 10 years.
Specifically, Saylor evaded taxes amounting to $25 million. π§
π MicroStrategy founder Michael Saylor has agreed to settle a case with the District of Columbia. As part of the agreement, Saylor will pay $40 million.
βοΈ In 2022, the District of Columbia sued Saylor and his company, alleging that the company executive had not paid income taxes for more than 10 years.
Specifically, Saylor evaded taxes amounting to $25 million. π§
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Bitcoin Enthusiasts Are βNot Psychopathsβ! π
π¨π¦ A forthcoming study of 500 Canadian Bitcoin investors found them to be financially literate and emotionally stable. Conducted by behavioral scientist Stefano Di Domenico from the University of Toronto, the study challenges the stereotype of immature βcrypto bros.β
π The findings reveal that Bitcoiners are intellectually π€ curious, emotionally stable, and value personal growth and community over material possessions. They also score higher in financial literacy compared to the general population.
πDi Domenico presented these insights at the Canadian Bitcoin Conference and emphasized that despite tabloid claims, Bitcoiners are not psychopaths π. The study contrasts sharply with a previous high-profile study labeling Bitcoin investors as narcissistic and psychopathic.
Are you an emotionally stable person?
βͺοΈYes - π
βͺοΈWhat is the stability in the crypto, I'm still that psycho - π
π¨π¦ A forthcoming study of 500 Canadian Bitcoin investors found them to be financially literate and emotionally stable. Conducted by behavioral scientist Stefano Di Domenico from the University of Toronto, the study challenges the stereotype of immature βcrypto bros.β
π The findings reveal that Bitcoiners are intellectually π€ curious, emotionally stable, and value personal growth and community over material possessions. They also score higher in financial literacy compared to the general population.
πDi Domenico presented these insights at the Canadian Bitcoin Conference and emphasized that despite tabloid claims, Bitcoiners are not psychopaths π. The study contrasts sharply with a previous high-profile study labeling Bitcoin investors as narcissistic and psychopathic.
Are you an emotionally stable person?
βͺοΈYes - π
βͺοΈWhat is the stability in the crypto, I'm still that psycho - π
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The Share of Crypto Investors Worldwide Has Grown to 6.8%. γ
€
π The number of crypto investors worldwide increased from 420 million to 562 million people in 2024, according to a report by experts at Triple-A. This is 6.8% of the world's population.
Among countries, the leaders are the UAE (25.3%), Singapore (24.4%), and Turkey (19.3%).
Is mass adoption just around the corner? π§
π The number of crypto investors worldwide increased from 420 million to 562 million people in 2024, according to a report by experts at Triple-A. This is 6.8% of the world's population.
Among countries, the leaders are the UAE (25.3%), Singapore (24.4%), and Turkey (19.3%).
Is mass adoption just around the corner? π§
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The head of Aptos Labs became a member of the subcommittee on digital assets at the CFTC
π Mo Sheikh, co-founder and CEO of Aptos Labs, has been appointed as a member of the US Commodity Futures Trading Commission's (CFTC) Digital Assets Subcommittee.
This subcommittee is part of the larger Global Markets Committee and includes industry representatives from companies such as BlackRock, BNY Mellon and Uniswap Labs.
The subcommittee advises the CFTC on international trade and business regulation. π
π Mo Sheikh, co-founder and CEO of Aptos Labs, has been appointed as a member of the US Commodity Futures Trading Commission's (CFTC) Digital Assets Subcommittee.
This subcommittee is part of the larger Global Markets Committee and includes industry representatives from companies such as BlackRock, BNY Mellon and Uniswap Labs.
The subcommittee advises the CFTC on international trade and business regulation. π
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OKX user lost over $2 million due to AI
According to WuBlockchain, the attackers obtained all the user's personal information through Telegram. Using this data, the attackers gained access to his email and initiated a password reset. π
π They then used the synthesized video to change his phone number, email address and Google Authenticator settings. This sophisticated method allowed the attackers to withdraw funds from the account within 24 hours. π΅
π¨ The incident highlights the growing threat of artificial intelligence-related cybercrime in the cryptocurrency sector.
According to WuBlockchain, the attackers obtained all the user's personal information through Telegram. Using this data, the attackers gained access to his email and initiated a password reset. π
π They then used the synthesized video to change his phone number, email address and Google Authenticator settings. This sophisticated method allowed the attackers to withdraw funds from the account within 24 hours. π΅
π¨ The incident highlights the growing threat of artificial intelligence-related cybercrime in the cryptocurrency sector.
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Technical failure at the NYSE
π An unexpected technical failure occurred on the NYSE, which led to a sharp drop in the shares of some companies. In particular, shares of Berkshire Hathaway fell by 99.9%. π This was due to a malfunction in the application processing system, which led to the incorrect determination of share prices.
π€· Trading was temporarily suspended for some stocks while the exchange investigated the cause of the outage. Experts believe that this may be due to changes in the software or insufficient scalability of the system.
And they say crypto trading is unreliable... π€
π An unexpected technical failure occurred on the NYSE, which led to a sharp drop in the shares of some companies. In particular, shares of Berkshire Hathaway fell by 99.9%. π This was due to a malfunction in the application processing system, which led to the incorrect determination of share prices.
π€· Trading was temporarily suspended for some stocks while the exchange investigated the cause of the outage. Experts believe that this may be due to changes in the software or insufficient scalability of the system.
And they say crypto trading is unreliable... π€
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Binance implements stablecoin restrictions in Europe
π From June 30, 2024, new rules for stablecoins in the territory of the European Economic Area (EEA) come into force. Stablecoin operators must obtain a license from a competent authority of an EU member state. They are also required to provide full disclosure to clients, present a public business model, establish an effective governance system and register with the EBA.
π« Binance warns that the restrictions will apply to "unregulated stablecoins". The exchange plans to gradually change access to these assets, allowing European users to switch to regulated "stable coins".
π From June 30, European clients will only be able to sell "unregulated stablecoins", the purchase of these assets will be stopped. The restriction will also affect the copy trading service and participation in Launchpad, Launchpool, Simple Earn and other services.
The statement does not specify which "stable coins" are in question. π§
π From June 30, 2024, new rules for stablecoins in the territory of the European Economic Area (EEA) come into force. Stablecoin operators must obtain a license from a competent authority of an EU member state. They are also required to provide full disclosure to clients, present a public business model, establish an effective governance system and register with the EBA.
π« Binance warns that the restrictions will apply to "unregulated stablecoins". The exchange plans to gradually change access to these assets, allowing European users to switch to regulated "stable coins".
π From June 30, European clients will only be able to sell "unregulated stablecoins", the purchase of these assets will be stopped. The restriction will also affect the copy trading service and participation in Launchpad, Launchpool, Simple Earn and other services.
The statement does not specify which "stable coins" are in question. π§
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