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πŸš€ Your cryptocurrency hub for the latest trends, news, and insights. Join now for valuable updates and analysis!

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🀯 An unknown trader earned $1.72 million in four days by investing in the PEW meme token.

πŸ’₯He increased his initial deposit by 140 times.

πŸ†’The trader invested 3.2 ETH (about $12,300) in the purchase of 27.05 billion PEW, just three minutes after the start of trading.

Four days later, he sold 8.05 billion PEW for 83.5 ETH (approximately $315,000).

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πŸ˜πŸ’° Hacking of the decentralized exchange Velocore for $ 10 million

πŸ”ΉVelocore, running on the zkSync and Linea blockchains, fell victim to hackers, losing about $10 million.

πŸ”»Hackers stole tokens from liquidity providers and successfully transferred over 700 ETH to the main Ethereum blockchain.

πŸ”ΉThe Velocore stablepools remained intact, which allowed users to withdraw their funds from these reserves.

πŸ”ΊThe exchange has passed a security audit from Zokyo, Hacken and Scalebit, but this did not prevent hacking.

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πŸ€‘Promising projects, the initial listing of which will take place next week.

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🌐Key news of Sunday, June 2

πŸ—£NOTcoin surges: 500% in a week and 90% in a day.

πŸ—£Bitcoin miners' revenue fell 46.15% in May, hitting its lowest level since October 2023.

πŸ—£FTX to get $800 Million from Sale of Stake in Anthropic.

πŸ—£USDe capitalization reaches $3 billion just 4 months after launch.

πŸ—£China and UAE team up to fight cryptocurrency cybercrime.

πŸ—£Coinbase accuses the SEC of suppressing the crypto industry.

πŸ—£Tether may return to Hong Kong amid local efforts to attract cryptocurrency investment.

πŸ—£Nigeria tops the world in interest in Bitcoin (BTC) according to Google Trends.

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πŸ’™πŸ’Ž TON is the most underrated crypto asset.

❀️ The TON is trading in the range of $6.2-$6.7, while Notcoin has grown by more than 350% over the past week.

πŸ‘‰ Hamster Combat and Catizen, two of Telegram's most promising projects with a total of 72 million players, will soon launch on the TON network.

πŸ‘‰ It is assumed that the accumulation zone for TON is between $6.2 and $6.7, and that the price will rise above $10 this summer.

#TON #TELEGRAM

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πŸ‡¦πŸ‡Ί Tomorrow, the first spot BTC-ETF in Australia will begin trading.

#BTC

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😱Since the launch of the Ethereum ETF, centralized exchanges have seen an outflow of more than 800,000 ETH (about $ 3 billion), indicating large purchases by investors.

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πŸ€‘Early warning

There are only 10 days left until "Jerome Powell Day" πŸ—“

πŸ—£Jerome Powell is the chairman of the US Federal Reserve System. His speeches often have a significant impact on financial markets.

πŸ—£In 10 days, the issues of interest rates and inflation will be discussed.

πŸ—£Raising the rate is the worstβ€”case scenario. The cryptocurrency market usually reacts to such a drop.🐹

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🟠 The price of bitcoin on June 1 in previous years

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πŸ“ˆ According to tech analyst Peter Brandt, the bitcoin price could rise to $130,000-150,000 by Q4 2025 if it follows the trend of previous post-halving bull markets.

Chamath Palihapitiya, billionaire and founder of venture capital firm Social Capital, is more optimistic and predicts that bitcoin could reach $500,000 by the end of 2025.

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πŸ’¬Singularity NET Announces Token Swap for AGIX, FET, and OCEAN Holders

πŸ’Έ Over 200,000 ERC-20 token holders have the opportunity to swap their AGIX, FET, and OCEAN tokens for ASI.

πŸ‘‹As part of a merger with Fetch.ai and Ocean Protocol, blockchain project SingularityNET has announced dates for token swaps:

⏺FET holders: June 11
⏺AGIX and OCEAN holders: June 13

βœ–οΈDetailed "step-by-step guides" for the swapping process will be released soon, including information on the migration process for AGIX holders on Cardano.

πŸ—£The merger, first reported in mid-March, values the combined entity at approximately $7.5 billion. The new alliance will be governed by a β€œSuperintelligence Collective” led by SingularityNET founder Ben Goertzel, with Fetch.ai CEO Humayun Sheikh serving as chairman.

πŸ”„Exciting times ahead for the crypto community!

#CryptoMerger #ASI #BlockchainInnovation

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πŸ”’ Elympics and TON have announced a partnership in the Web3 gaming sector.

#TON

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OKX Rebrands and Expands in the Netherlands

πŸ“… June 3: OKX to support over 150 cryptocurrencies and 60 crypto-euro trading pairs.

πŸ”„ April 10: Rebranded from Okcoin Europe Ltd. to OKX.

πŸ‡³πŸ‡± Netherlands Launch:

⏺Partnership with iDEAL: Easy deposits and withdrawals.
⏺SEPA Integration: Free euro deposits and withdrawals.
⏺OKX Wallet: New self-custodial web3 wallet for Dutch users.
⏺Regulatory Status: Registered with De Nederlandsche Bank (DNB) and licensed in Malta.

πŸ‡­πŸ‡° May 24: Withdrew VASP license application in Hong Kong, halted operations on May 31.

πŸš€ Exciting developments as OKX expands in the crypto space!

#OKX #Crypto #CryptoNews

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πŸ‘€πŸ’¬Linea pledges decentralization after halting block production to stop hacker

⚠️The pause in block production, spanning a critical hour between block 5,081,800 and 5,081,801, allowed Linea to assess the situation. During the period, efforts were made to engage with the Velocore team and coordinate responses to the vulnerability, the thread reads.

πŸ’ΈThe move, however, raised concerns among members of the crypto community, raising their eye brows due to the move that blocked the whole network with over $1.2 billion in value, according to data from L2Beat.

πŸ‘‘In parallel, both Linea and Velocore teams have initiated measures to address the exploit, including on-chain negotiations and coordination with centralized exchanges to freeze exploited funds. The Velocore team has released a post-mortem on the exploit, outlining affected pools and ongoing efforts to compensate affected users.

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πŸ€‘ The TON network has seen a significant increase in transactions over $100,000 in the last 24 hours.

According to IntoTheBlock, their number increased by 273.5%.

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πŸͺ™Bitcoin rate reached $70 thousand.

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What will we see earlier on BTC ❓
Anonymous Poll
68%
πŸ“ˆ $75K
33%
πŸ“‰ $65K
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🟠 The balance of miners has decreased by 40,000 BTC since the beginning of 2024, according to Glassnode data.

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