ποΈ New York Mayor Eric Adams has announced the creation of a digital advisory council aimed at positioning the city as the "crypto capital of the world."
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. π
#NYC #CryptoCouncil #Blockchain
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. π
#NYC #CryptoCouncil #Blockchain
In London , a US tourist was robbed of $123,000 in cryptocurrency after riding with a fake Uber driver
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
πIn recent hours, there has been a rapid growth of income-backed stablecoins to $11 billion, which is 4.5% of the total market. This is a dramatic increase from $1.5 billion in early 2024!
π₯The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
β The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
π₯The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
β The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
π₯SEC Sues Unicoin Over Alleged $100 Million Fraudπ₯
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the companyβs token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the companyβs token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.
πSEC Delays 21Sharesβ XRP ETF Applicationπ
The SEC has delayed 21Sharesβ application for an XRP ETF despite strong optimism fueled by recent regulatory developments. In addition to this initial hurdle, the Commission has also postponed at least three other altcoin ETF applications.
However, ETF analysts remain confident that the SEC will eventually approve these products. Government agencies operate on slow timelines, and the Commission often delays decisions whenever possible.
The SEC has delayed 21Sharesβ application for an XRP ETF despite strong optimism fueled by recent regulatory developments. In addition to this initial hurdle, the Commission has also postponed at least three other altcoin ETF applications.
However, ETF analysts remain confident that the SEC will eventually approve these products. Government agencies operate on slow timelines, and the Commission often delays decisions whenever possible.
β‘οΈ Binance Wallet experiences a liquidity surge thanks to the Alpha campaign: The wallet platform becomes the new focal point of cash flow.
On May 14th, many on-chain investors were surprised when the 24-hour volume on Binance Wallet suddenly exceeded $5.9 billion β an unprecedented growth in the platform's history. Placed in the context of a market with almost "flat" prices and a gradually weakening memecoin wave, this is an unusual phenomenon with many hidden implications behind each swap click.
What is driving this decisive shift in liquidity flow, turning a wallet product β often seen as a "supporting tool" β into the center of attention?
On May 14th, many on-chain investors were surprised when the 24-hour volume on Binance Wallet suddenly exceeded $5.9 billion β an unprecedented growth in the platform's history. Placed in the context of a market with almost "flat" prices and a gradually weakening memecoin wave, this is an unusual phenomenon with many hidden implications behind each swap click.
What is driving this decisive shift in liquidity flow, turning a wallet product β often seen as a "supporting tool" β into the center of attention?
π CS2 Skins Outperform Stocks, Bitcoin, and Gold
Investing in Counter-Strike 2 skins is no longer just for gamers β itβs becoming more profitable than traditional assets.
According to recent data, the return on investment (ROI) for CS2 skins has reached 0.34, surpassing:
β US stock market (0.25)
β Bitcoin (0.21)
β Gold (0.12)
With an average annual return of 41% (around 3.42% monthly), skins are turning into digital gold β literally.
Investing in Counter-Strike 2 skins is no longer just for gamers β itβs becoming more profitable than traditional assets.
According to recent data, the return on investment (ROI) for CS2 skins has reached 0.34, surpassing:
β US stock market (0.25)
β Bitcoin (0.21)
β Gold (0.12)
With an average annual return of 41% (around 3.42% monthly), skins are turning into digital gold β literally.
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πͺBTC breaks $111,000, hitting a new ATH
πHacker attack on Coinbase: 69,400 users' data stolen!
The attacker, who was not afraid to challenge the investigation, left a message on the blockchain after transferring $42.5 million from BTC to ETH. This situation calls into question the security of the platform and its ability to protect customer funds. π
#Coinbase #hacker attack #security
The attacker, who was not afraid to challenge the investigation, left a message on the blockchain after transferring $42.5 million from BTC to ETH. This situation calls into question the security of the platform and its ability to protect customer funds. π
#Coinbase #hacker attack #security
π¨ The founder of Amalgam Capital Ventures, Jeremy Jordan-Jones, has been accused of defrauding investors of over $1 million through a fake blockchain platform. π°
Using fraudulent documents and false partnerships, he created the appearance of a successful business. The charges include securities fraud and identity theft. π
This case highlights the risks in the crypto industry and will send a signal to investors and regulators about the need for vigilance. β οΈ
#fraud #extreme #Crypto Industry
Using fraudulent documents and false partnerships, he created the appearance of a successful business. The charges include securities fraud and identity theft. π
This case highlights the risks in the crypto industry and will send a signal to investors and regulators about the need for vigilance. β οΈ
#fraud #extreme #Crypto Industry
π Trump's senior adviser on cryptocurrencies, David Sachs, said that the bill on stablecoins (GENIUS Act) is preparing to advance in the Senate with bipartisan support.
An important procedural vote was held with the participation of 15 Democrats, which helped to overcome the filibuster threshold. If the bill is passed, it could create "trillions of dollars" in demand for U.S. Treasury bonds and provide a legal framework for stablecoins.
Sachs stressed that clear rules can attract significant investments into the country's economy, which will make this news relevant for all participants in the financial markets.
#stablecoins #GENIUSact #regulation
An important procedural vote was held with the participation of 15 Democrats, which helped to overcome the filibuster threshold. If the bill is passed, it could create "trillions of dollars" in demand for U.S. Treasury bonds and provide a legal framework for stablecoins.
Sachs stressed that clear rules can attract significant investments into the country's economy, which will make this news relevant for all participants in the financial markets.
#stablecoins #GENIUSact #regulation
π₯ The Democrats introduced the "Stop TRUMP in Crypto Act" β a few hours before Trump's crypto dinner
On the eve of Donald Trump's private dinner with 220 of the largest holders of his memcoin in Washington, Congresswoman Maxine Waters introduced the bill "Stop TRUMP in Crypto Act of 2025" to the US House of Representatives.
The bill is aimed directly at Donald Trump, who, according to Waters, "enriched himself through memcoin" and "can use the crypt to circumvent campaign financing and transactions with foreign countries."
As confirmation, Justin Sun's participation (under investigation in the United States) in Trump's crypto dinner, which invested $22 million in his memcoin and tens of millions in other familyβrelated projects.
On the eve of Donald Trump's private dinner with 220 of the largest holders of his memcoin in Washington, Congresswoman Maxine Waters introduced the bill "Stop TRUMP in Crypto Act of 2025" to the US House of Representatives.
The bill is aimed directly at Donald Trump, who, according to Waters, "enriched himself through memcoin" and "can use the crypt to circumvent campaign financing and transactions with foreign countries."
As confirmation, Justin Sun's participation (under investigation in the United States) in Trump's crypto dinner, which invested $22 million in his memcoin and tens of millions in other familyβrelated projects.
π₯ World (WLD) raises $135 million from a16z and Bain Capital
World β the company behind the digital identity network World Network β has successfully raised $135 million by selling WLD tokens to two long-time investors: Andreessen Horowitz (a16z) and Bain Capital Crypto.
This funding aims to expand World Network's operations in the U.S. and globally, while also developing the infrastructure for World ID β a tool for verifying human identity in the digital space.
World β the company behind the digital identity network World Network β has successfully raised $135 million by selling WLD tokens to two long-time investors: Andreessen Horowitz (a16z) and Bain Capital Crypto.
This funding aims to expand World Network's operations in the U.S. and globally, while also developing the infrastructure for World ID β a tool for verifying human identity in the digital space.
π€ How do you like this turn of events:
In 2026, NVIDIA launches its token and simply drains liquidity from the entire market.:
βΊThe cue ball flies to the hold point of long-term investors.
βΊ80% of the violas from the TOP 1000 simply disappear.
And after all, it can be a token according to absolutely all crypto rules, like Monero, but many times better.
So far, it's pure fantasy, there are no such plans, but given the trend towards tokenization...
In 2026, NVIDIA launches its token and simply drains liquidity from the entire market.:
βΊThe cue ball flies to the hold point of long-term investors.
βΊ80% of the violas from the TOP 1000 simply disappear.
And after all, it can be a token according to absolutely all crypto rules, like Monero, but many times better.
So far, it's pure fantasy, there are no such plans, but given the trend towards tokenization...
πΊπΈπ₯ President Donald Trump Threatens 50% Tariffs on All EU Goods Starting June 1st
On TruthSocial, President Donald Trump declared that the EU was created solely to "suck the lifeblood out of American trade" and vowed to impose a 50% tariff on all EU imports if he returns to the White House.
π Why?
The EU is "playing unfairly" with the U.S.: high VAT taxes, suppression of American companies, currency manipulation...
The U.S. suffers a $250 billion trade deficit annually.
π£ If this becomes reality, it could mark the beginning of a full-scale trade war between two economic giants, heavily impacting the global automobile, tech, and consumer goods markets.
π Brace yourself for another season of volatility?
On TruthSocial, President Donald Trump declared that the EU was created solely to "suck the lifeblood out of American trade" and vowed to impose a 50% tariff on all EU imports if he returns to the White House.
π Why?
The EU is "playing unfairly" with the U.S.: high VAT taxes, suppression of American companies, currency manipulation...
The U.S. suffers a $250 billion trade deficit annually.
π£ If this becomes reality, it could mark the beginning of a full-scale trade war between two economic giants, heavily impacting the global automobile, tech, and consumer goods markets.
π Brace yourself for another season of volatility?
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π½οΈ Dinner with Trump: invested in a token - got a cap
At a private event for the 220 largest holders of $TRUMP, Donald Trump did not even mention the token itself.
But political statements were made β criticism of Biden and the statement that the United States would become a "global crypto capital."
Among the guests were Justin Sun (Tron), Kane Warwick (Synthetix), Nikita Anufriev (Hamster Kombat), Lamar Odom (NBA), Bill Zanker (Trump's NFT partner), Rudy Rong (MemeCore).
A gift for the guests β black caps with the inscription "Fight Fight Fight". Sun also received an exclusive watch from Trump.
Against the background of the event, the $TRUMP token jumped to $16, but then fell back to $14.
At a private event for the 220 largest holders of $TRUMP, Donald Trump did not even mention the token itself.
But political statements were made β criticism of Biden and the statement that the United States would become a "global crypto capital."
Among the guests were Justin Sun (Tron), Kane Warwick (Synthetix), Nikita Anufriev (Hamster Kombat), Lamar Odom (NBA), Bill Zanker (Trump's NFT partner), Rudy Rong (MemeCore).
A gift for the guests β black caps with the inscription "Fight Fight Fight". Sun also received an exclusive watch from Trump.
Against the background of the event, the $TRUMP token jumped to $16, but then fell back to $14.