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We found next AIRDROP app with a listing soon — MemeFi! MemeFi has been making waves in crypto for some time, but now we've got a date for the airdrop: October 9. It's one of the few Telegram apps that's not just about joining the mining frenzy — there's a vision behind it. Decentralized advertising? Prediction tech? Brand growth? Memecoin goldrush? Name it. It has it all. The project has been noticed by top players in the industry, including Consensys — that's the guys behind Metamask and Linea. With just a few days left before the listings, there's now a chance to grab a piece of the pie when the rewards are as high as ever. Welcome to the meme epic! 👇 @memefi_coin_bot

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📈 Crypto Ownership Remains Steady Across US, UK, France, Singapore 🌍 Despite market fluctuations, crypto ownership has stood firm in the US, UK, France, and Singapore since 2022, according to Gemini's latest report. 🔍 The 2024 Global State of Crypto study by Gemini reveals intriguing insights into adoption rates, motivations, and even the impact of crypto ETFs. 💼 Investment appeal remains strong with 57% of owners comfortable including digital assets in their portfolios. Many previous holders are also eyeing a return to the market. 🚀 The US and UK show consistent adoption at 21% and 18% respectively, while France sees an 18% boost. Singapore, however, experiences a slight dip from 30% to 26%. 💪 Long-term potential is a key driver for two-thirds (65%) of owners across these regions. Additionally, nearly two in five (38%) view crypto as an inflation hedge. 📊 In the US, the recent approval of Bitcoin and Ether spot ETFs has led to a notable increase in holdings through such vehicles. ➡️ With November elections on the horizon, many American crypto enthusiasts plan to factor candidates' crypto policies into their voting decisions. 💼 Comfort levels are rising too. Over half (57%) of respondents are open to allocating at least 5% of their portfolios to digital assets. 👥 However, there's a gender disparity emerging. Female ownership has dipped from 42% in 2022 to just 31%, while male ownership rises to 69%.

🚨 Users Beware: Crypto Drainers Target Newer Blockchains Like TON and TRON 🔒 The crypto ecosystem has always been a playground for malicious actors seeking to snatch user funds. 💰 Shockingly, a recent Crystal Intelligence report reveals that a staggering $19 billion worth of digital assets have been pilfered since June 19, 2024. 🔓 Not only that, but the industry has also witnessed 785 reported hacks and exploits during this period. It's clear that the threat is real. ⚡️ Newer blockchains are now in the crosshairs of these criminals. Blockchain security firm Blockaid sounded the alarm on August 31, announcing the arrival of an upgraded version of the infamous Angel Drainer phishing toolkit – meet "AngelX." 💣 The original Angel Drainer made off with over $400,000 from 128 wallets earlier this year. It even played a part in the Ledger Connect Kit Attack, targeting Ledger wallet users. 👨‍💻 According to Oz Tamir, a researcher at Blockaid, AngelX is particularly menacing because it supports new chains like TON and TRON, making it easier for scammers to set up shop. 🟥 So why are these drainers shifting their focus? Tamir believes it's because improved security measures are making it harder for them to operate on established networks. Newer chains with lesser security become tempting targets. 📈 In fact, Blockaid's analysis shows that as networks grow, so does drainer activity. The rise of TON was accompanied by an uptick in scams – a stark reminder to stay vigilant in this ever-evolving crypto landscape.

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🐶 Dogecoin Whales Dumping Tokens, Can $DOGE Price Still Hit $1 This Year❓ Dogecoin whales have started to reduce their DOGE holdings as September kicked off, sparking concerns over the coin's $1 price target. 👉 Read more

✅ Pro-Crypto Attorney John Deaton to Face-off Sen. Warren in Massachusetts this November ➡️ Crypto-friendly lawyer John Deaton has emerged victorious in the Massachusetts Republican US Senate primary, setting the stage for an exciting clash with crypto antagonist Senator Elizabeth Warren in the upcoming November elections. 🏆 Deaton's triumph over fellow Republicans Bob Antonellis and Ian Cain has energized his campaign, as he declares, "We're not here to play second fiddle; we're here to make history!" 💰 With a campaign war chest of $1.36 million in Q1, Deaton has outpaced Warren's fundraising efforts, signaling a strong pro-crypto sentiment among his supporters. 🤝 Expressing gratitude for the voters' support, Deaton vows to hold Sen. Warren accountable on a range of issues, from border security to healthcare and family affordability. 🔒 While Deaton's victory speech didn't explicitly touch on cryptocurrencies, his track record as a prominent attorney in the SEC vs Ripple lawsuit suggests a favorable stance towards digital assets. 🎙 Sen. Warren, seeking a third term, is gearing up for the challenge and has agreed to two debates in October, indicating the significance of this race for Senate control. 💸 Notably, a PAC backing Deaton received substantial contributions from influential figures in the crypto space, including Ripple's Chris Larsen and Brad Garlinghouse and Gemini's Winklevoss Twins.

🚀 PayPal's PYUSD Hits $1B Market Cap in a Flash: A Stablecoin Success Story 💎 PayPal's foray into the crypto realm has been a triumph, and its very own stablecoin, PYUSD, has just crossed the $1 billion market cap milestone in under a year! 🌐 Launched in 2023, PYUSD is securely pegged to the mighty U.S. dollar at a steadfast 1:1 ratio, providing both stability and utility in our digital economy. 🔒 Issued by Paxos Trust Company, a trusted and U.S.-regulated entity, PYUSD boasts top-notch compliance and security standards, making it a go-to choice for digital transactions. 🔗 PYUSD's strategic move to become an ERC-20 token on the Ethereum blockchain pays off big time! It seamlessly integrates with third-party developers, wallets, and Web3 apps, boosting its usability across the blockchain ecosystem. 💼 For developers and businesses alike, this means a smoother onboarding process and an opportunity to integrate digital assets with ease using the practicality of PYUSD. 📈 The rise of PYUSD not only underscores the demand for stable digital currencies but also aligns perfectly with PayPal's vision of bridging traditional finance with decentralized finance (DeFi). 💡 As PayPal's CEO Dan Schulman emphasizes, reliable and fiat-backed financial instruments like PYUSD are key to navigating the digital landscape while mitigating volatility. 🌍 With PayPal's global reach and tech prowess behind it, PYUSD is set to play a significant role in shaping the future of digital payments as we embrace a more blockchain-driven world. ✨ As this stellar stablecoin continues to soar past milestones, it's clear that the era of digital finance is upon us – and PYUSD is here to stay as a trusted cornerstone in this exciting new era.

⚡️⚡️⚡️ Introducing Forta Firewall & the new Forta Chain Powered by FORT token!  ⚡️⚡️⚡️ From detecting hacks to PREVENTING them. Welcome to the new era in Onchain security. 🔒 Detecting threats in real-time was just the beginning. Forta Firewall takes it to the next level by stopping exploits in their tracks. Forta is used and backed by the best, including @cbventures, @a16zcrypto @OpenZeppelin and many others. Forta Firewall isn’t just an upgrade—it’s a game-changer. 🌡 Imagine a world where exploits are blocked before they can cause harm. That world is coming. 🔗 Learn more now: https://bit.ly/3yMrgg5

🔥 DeFi Disruption: Radix Slashes Workforce by 15% to Streamline Operations 💼 In a bold move to tighten its belt, Radix is bidding farewell to 15% of its workforce. CEO Piers Ridyard, breaking the news on Telegram, revealed that this strategic shake-up is all about cost-cutting. 🔄 But it's not just about trimming the fat. This downsizing is part of a grander plan for Radix, as they set their sights on operational optimization and staying agile in a rapidly evolving market. 🚀 While change can be unsettling, Ridyard reassures us that the vital projects like Flash Liquidity and MFA are still full steam ahead. Flash Liquidity aims to boost liquidity and reduce fees – music to DeFi enthusiasts' ears! ⚡️ Brace for impact! While the core projects remain intact, there might be some minor turbulence in your usual dealings with RDX Works. Stay nimble, folks! 🟠 With the Babylon Upgrade already in the rearview mirror, Radix is laser-focused on its mission to make DeFi and Web3 more scalable, secure, and user-friendly. Think of them as the architects of Layer-1 protocols. 💰 It's not all doom and gloom – far from it! Radix has been busy building bridges with a newly formed alliance that includes Keyrock, G-20, and Portofino. Together, they're on a mission to bring liquidity galore to the Radix ecosystem.

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🚀 Gamified Crypto Simulator CEX.IO PowerTap to Teach Users How to Earn in Crypto The leading crypto exchange CEX.IO introduces CEX.IO PowerTap, a gamified simulator designed to turn players into skilled crypto investors. Unlike most mini-apps that simply allow users to accumulate in-game capital, CEX.IO PowerTap mimics real-world crypto cycles like mining and trading, enabling players to learn, earn, and develop real-life skills. Initially launched as a tap-to-earn app in May 2024, CEX.IO PowerTap has attracted 25 million users. Upon reaching this milestone, the game shifts from tapping to learning and growing. Active players will have the chance to convert accumulated in-game capital into real assets during a planned Q4 2024 airdrop. The skills gained in a risk-free game environment will give users a hands-on understanding of how to shift their focus from earnings to achieving financial freedom in real life. 🎮💰

🚀 Argentina Leads the Way: High Schoolers Get a Blockchain Boost! ‼️ The Ministry of Education in Buenos Aires is teaming up with the ETH Kipu Foundation to bring Ethereum and blockchain education to high schools. Argentina is taking the lead in Latin America, preparing students for the tech-driven future. 🎓 Starting August 27, students can dive into blockchain internships, gaining hands-on experience with real projects. But it doesn't stop there! 💻 An online Solidity course is also in the works, empowering 500 older students to join the Ethereum development community. This could mean exciting new opportunities for Argentina's economy. ✅ To ensure success, 30 teachers will receive specialized training. While it's currently limited to Buenos Aires, this initiative sets a precedent for digital innovation across the country. 🌐 In other news, President Milei recently made a surprising move by removing proposed crypto tax laws from an omnibus reform package. The focus now is on economic growth and efficiency. ➡️ With Argentina battling high inflation rates but also boasting one of the world's highest cryptocurrency ownership rates, it's clear that embracing digital assets and education is key to shaping a brighter future.

Yuna | The Black and Tan Shiba Inu | Stealth Launch Monday As the interest in Dog -themed coins on Ethereum gains momentum, Yuna (ユウナ) is re-emerging with aspirations to become a top memecoin in this cycle. The team behind $YUNA has previously demonstrated success, driving the coin from a $170K market cap to an all-time high of $12M, securing 9 CEX listings during a challenging bear market. Notably, there will be no pre-sale for $YUNA this time, which could be seen as a positive indicator for potential investors. The stealth launch of $YUNA is scheduled for Monday. 📍💬 TG: https://t.me/Yuna_ETH Yuna (ユウナ), once a close friend of Kabosu and now an ally of Neiro, is the first Black and Tan Shiba Inu from this generation. 🐾 Together, Neiro and Yuna (ユウナ) will be the Yin and Yang of this cycle, perfectly balancing each other on their lovely journey ahead. Born in the trenches of the 2023 bear market, now returning with a mission to build the strongest, most vibrant community! 🫶❤️ 📍🌐 Web - https://yunacoin.xyz

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🛠 Upbit Temporarily Halts NEAR Transactions Ahead of Network Upgrade 🔔 Upbit, the renowned cryptocurrency exchange, is taking precautionary measures to ensure the safety and security of its users' assets. In light of an upcoming network upgrade, deposit and withdrawal services for NEAR Protocol (NEAR) will be temporarily suspended. ⏰ Starting from August 26, 2024, at 12:00 KST, this suspension will remain in effect until Upbit confirms the stability of the upgraded network. While trading activities will continue as usual, making any NEAR deposits during this period is strongly discouraged. 🔒 Upbit's warning is clear: any NEAR deposits made after the suspension begins may not be reflected in users' accounts, and recovery could be challenging. However, users can still engage in NEAR trading without any interruptions. 🔄 Once the upgrade is complete, Upbit will address any backlog created during the suspension sequentially. The exchange assures its users that it will work closely with the Near Protocol team to ensure a smooth transition and the secure protection of their assets.

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👑 Binance Reigns Supreme: Chinese-Speaking Crypto Users Choose Binance as Their Go-To Exchange! 📊 Survey Says: 96% of Chinese-speaking respondents have crowned Binance as their top crypto exchange, according to a recent survey by Hong Kong's TechFlow. 🌐 Dominating the Market: Binance not only leads in popularity but also commands over 60% of the market share for big players in terms of holdings, earnings, and new coin listings. 🇨🇳 China's Crypto Conundrum: Despite China's ban on crypto transactions, Binance's connection to the country remains under scrutiny, with reports suggesting substantial trading volumes from Chinese users. ⚡️ VPNs to the Rescue: Resourceful traders manage to access Binance through Virtual Private Networks (VPNs), sidestepping internet restrictions like digital ninjas. 🥈 OKX Makes the Cut: While Binance takes the crown, OKX secures a respectable second place among Chinese-speaking users, with Gate.io and Bitget also vying for attention. 🚀 Bitcoin Bulls on the Rise: The survey reveals that most respondents are optimistic about Bitcoin's future, predicting a price surge beyond $100k-$150k in this market cycle.

📌 Trump Taps Cantor Fitzgerald CEO for Transition Team, Crypto Buzz Grows! 📌 Financial Heavyweight Takes the Helm In a surprising move, Donald Trump has enlisted the expertise of Cantor Fitzgerald CEO Howard Lutnick to steer his transition team. With his deep roots in the financial services sector, Lutnick is set to shape policies and assemble a top-notch crew for Trump's potential 2024 administration. 💼 Crypto Crusader Joins the Fold Lutnick's involvement isn't just business as usual. As a vocal proponent of Bitcoin and with Cantor Fitzgerald's active role in managing Tether's Treasury portfolio, it seems the crypto world may have a seat at the table when it comes to shaping economic strategies under a re-elected Trump. 🤝 Tag Team with WWE Powerhouse But wait, there's more! Joining Lutnick in this dynamic duo is none other than former WWE CEO Linda McMahon, who brings her experience from leading the Small Business Administration during Trump's first term. It appears that Trump's campaign is flexing its muscles, seeking to strengthen ties with the crypto community.

⤵️ Revolut Users in Europe Gain Access to Crypto via Ledger 🌍 Revolut, the British fintech, is making crypto more accessible to its customers in select European countries. Thanks to a new partnership with Ledger, users can now explore the crypto ecosystem through the popular Ledger Live app. 💳 Verified Revolut customers in most European Economic Area nations can now easily buy cryptocurrencies using their Revolut accounts or cards. No need for additional checks! 🔒 Even non-Revolut users can get in on the action. By going through a simple Know Your Customer process, they can use their Visa or Mastercard to make crypto purchases on Ledger Live. 🤝 This collaboration between Revolut and Ledger is all about expanding access and creating a smooth on-ramp for users. It's not just about buying crypto; it's about empowering individuals with self-custody and introducing them to the exciting world of digital assets. 📈 Revolut has been steadily expanding its range of crypto-related services, from money transfers to trading platforms. With this latest move, they're solidifying their position as the go-to financial app for crypto investors.

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🚀 Thailand SEC Launches Digital Asset Sandbox for Testing: A Safe Space for Innovation! 🔍 The Thai Securities and Exchange Commission (SEC) is breaking new ground with its Digital Asset Regulatory Sandbox. It's like a playground, but for digital asset services! 📝 Calling all innovators! The Sandbox is now open for applications from digital asset exchanges, brokers, dealers, fund managers, advisers, and custodial wallet providers. Show the SEC what you've got! 🔎 The SEC will be keeping a close eye on applicants, making sure they have their ducks in a row – think financial stability, operational systems, and compliance. Safety first! ⏳ But remember, this isn't a never-ending party. Participants have a year to test their services within the Sandbox. After that, they can ask for an extension to keep the innovation flowing. ❌ In less sunny news, the Ministry of Finance recently pulled the plug on Zipmex's digital asset business license. The SEC had raised concerns about their financial health and management structure. 💼 This wasn't an overnight decision – issues with Zipmex's operations were flagged back in January. Despite warnings and even a suspension, the company couldn't get back on track.

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✅ Crypto Coalition Asks Biden, Harris for Solid US Regulatory Guidelines ➡️ A crypto coalition is rallying behind the need for a clearer regulatory framework in the United States, urging President Joe Biden and Vice President Kamala Harris to take action. They argue that such guidelines would not only protect consumers but also bolster the nation's economy and maintain its technological edge. 🔴 The Crypto Market Integrity Coalition (CMIC), in an Aug. 7 letter, emphasized the importance of consumer protection against malpractices in the crypto space. They believe that well-defined rules would not only safeguard investors but also strengthen the position of the US dollar. ⤵️ With the upcoming presidential election on the horizon, this plea comes at a crucial time. While Democratic nominee Harris has yet to publicly address cryptocurrency, her opponent Donald Trump has been actively supportive of digital assets. 💡 Referencing President Biden's 2022 Executive Order on digital assets, the coalition sees it as a step towards their vision. This order aimed to ensure consumer protection and financial stability while sparking discussions about a potential US central bank digital currency (CBDC). 📌 The coalition highlighted that other major economies are ahead in terms of regulatory clarity, with countries like the EU, UK, Japan, Singapore, UAE, and Hong Kong already establishing frameworks. In contrast, they noted that the US is lagging behind in this regard. 🌐 Citing data that shows increasing adoption of digital currencies by both consumers and businesses, they stressed that a lack of clear rules hampers innovation and exposes users to fraud. They also raised concerns about market manipulation within unregulated offshore crypto markets.

🚀 Coinbase International Rockets to New Heights with $38B Perpetual Futures Trading Volume in July 💥 Coinbase International Exchange is making waves in the crypto world, smashing records with a whopping $38 billion in monthly perpetual futures trading volume for July. This milestone sets a new bar since records began back in May 2024. 📈 The battle of the titans continues as Ether takes the lead, with its 24-hour trading volume for perpetual futures soaring to $1.5 billion, outshining Bitcoin's $1.3 billion. However, when it comes to open interest, Bitcoin still holds the crown at $20.9 million, while Ether stands strong at $10.9 million. 📉 Amidst a market downturn that saw both Bitcoin and Ether experience double-digit price drops, Coinbase remains undeterred, shining a spotlight on the power of perpetual futures. These versatile instruments not only attract speculative traders but also offer hedging and arbitrage opportunities. ➡️ Last year, Coinbase set sail for Bermuda's shores, securing regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures outside the US. This move expanded their reach and allowed retail traders to dip their toes into the derivatives market previously dominated by institutions. 🔍 Always ahead of the curve, Coinbase is now giving traders a sneak peek into the future with pre-launch markets. Qualified users on their International Exchange and Coinbase Advanced platforms can get in early on unreleased tokens, shaping the prices of upcoming projects.

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⚡️ Singapore's MAS Grants HashKey OTC a Game-Changing MPI License 🔒 HashKey OTC, the trading powerhouse within HashKey Group, has just scored big in Singapore. They've been awarded a coveted Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). 💰 With this MPI license, HashKey OTC can now offer unlimited payment services, including digital payment tokens and cross-border transfers. No more transaction volume restrictions holding them back! ✅ The journey to this milestone began with an in-principle approval from the MAS back in February 2024. Now, they're officially part of Singapore's thriving financial landscape. ➡️ Singapore is no stranger to embracing the crypto world. In fact, the MAS has already granted MPI licenses to 26 digital asset businesses, including big names like Coinbase and Sygnum. 🌐 It's not just about licenses though. Singapore is actively strengthening its crypto ecosystem through regulatory measures. The MAS is determined to promote blockchain's benefits while keeping an eye on money laundering risks. 🔴 Recent changes have raised the risk level for digital payment token services, reflecting concerns about terrorism financing. However, Southeast Asia's limited adoption of these tokens may be due to infrastructure challenges rather than malicious intent.

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🚀 Revolutionizing Derivatives Trading in Europe: One Trading Receives Regulatory Green Light! 📌 Breaking News: One Trading, the rebranded Bitpanda Pro, has just scored a major win! The Dutch Authority for the Financial Markets (AFM) has granted them an OTF license, making them a fully-fledged MiFID II trading venue. 💡 First of Its Kind: What sets One Trading apart? They proudly claim the title of being Europe's inaugural cash-settled perpetuals platform, even including the UK. This is a game-changer for retail clients seeking regulated derivatives trading. 🌍 Crypto Onshore: With this regulatory seal of approval, One Trading aims to shake up the derivatives market by bringing crypto futures onshore within the EU. Their vision? To offer a "modern alternative" to traditional futures products. 🟢 Institutional-Grade Solutions: Led by industry veteran Joshua Barraclough, formerly of JPMorgan, One Trading is now poised to launch a range of new regulated products. Starting with BTC and ETH, they're here to cater to all customer types.

⤵️ Senator Marshall's U-turn Deals Blow to Warren's Crypto AML Bill 💔 In a surprising twist, Senator Roger Marshall from Kansas has withdrawn his support for the controversial Digital Asset Anti-Money Laundering Act (DAAMLA), co-authored by Democrat Elizabeth Warren. 🟢 The decision, made on July 24, throws a wrench in the gears of the bill, which seeks to tighten anti-money laundering rules for the cryptocurrency world. 👥 With only 18 senators now backing DAAMLA, its future looks uncertain after being introduced just last December. 🔒 The proposed legislation aims to subject digital asset service providers, including miners and wallet providers, to stricter AML and KYC regulations, bringing them in line with traditional financial institutions. 🔴 While Warren argues that the bill is crucial to prevent crypto misuse, critics fear it will stifle innovation and push the industry overseas. 💼 Major financial players like Bank of America and Citibank have thrown their weight behind Warren's efforts, but the Blockchain Association warns of potential harm to national security and job growth. 🌐 As the debate rages on, it remains to be seen whether DAAMLA will sail through or face further headwinds in its quest to tackle illicit activities in the crypto realm.

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⤵️ Breakthrough in Zero Energy Storage May Pave the Way for Eternal Blockchains 🔒 Recent advancements in long-term storage have unlocked the potential for creating immortal blockchains – digital ledgers that can store data for millions of years without power. 💡 At their core, blockchain technology offers enhanced data security through decentralization, making them resilient to local power outages or server failures. ✅ Centralized servers, on the other hand, rely on continuous access to power and are vulnerable to global blackouts or other catastrophic events. 🌐 But what if power is permanently lost across all nodes? This is where the concept of immortal blockchains steps in, ensuring the preservation of valuable information even in the face of human extinction or storage degradation. ⏳ Advanced long-term storage solutions like DNA storage and Ceramic Nano Memory offer hope for preserving critical data indefinitely, including instructions for resurrecting a blockchain network. 🟥 As we embrace these breakthroughs, it's time to consider encoding vital documents within artificial fossils or ceramic shards, laying the groundwork for the development of eternal blockchains. 🔒 The future is closer than ever, where digital ledgers endure for millions of years, safeguarding knowledge and securing valuable data for generations to come.

📌 SEC Commissioner Peirce Hints at Ethereum ETF Staking Reconsideration: A Glimmer of Hope for Crypto Investors? 🔄 In a surprising turn of events, SEC Commissioner Hester Peirce has raised the possibility of revisiting the exclusion of staking in Ethereum exchange-traded funds (ETFs). This move signals a potential shift in the regulatory landscape. 📈 Despite initial concerns, Peirce emphasized that the SEC remains open to reevaluating all aspects of ETF products, including innovative features like staking. The market's needs and evolving regulations could play a crucial role in this reconsideration. 🟢 The exclusion of staking from Ethereum ETF applications had left many wondering about the reasoning behind it. However, with Peirce's statement, there is renewed optimism that these decisions are not set in stone. 🌐 It's worth noting that the SEC has already given the green light to spot Bitcoin and Ethereum ETFs, while also receiving applications for Solana ETFs. The crypto investment landscape is evolving rapidly, and regulators seem keen on keeping up. ➡️ Looking ahead, industry experts speculate that the outcome of the upcoming elections could further shape crypto regulations. While President Trump's pro-crypto stance might bode well for the sector, a potential Biden administration could bring new leadership to the SEC. 🔔 As always, the crypto world remains dynamic, and investors eagerly await any signs of regulatory flexibility that could unlock new opportunities.

🚨 Former BitConnect Promoter Convicted in Australian Court for Unlicensed Financial Advice 🔒 The gavel has fallen! The Sydney District Court has delivered a verdict, and it's not looking good for John Bigatton, the face behind the BitConnect crypto debacle. The charge? Providing unlicensed financial advice. 📢 In a statement that made waves on Monday, the Australian Securities and Investments Commission (ASIC) declared victory in their battle against the promotion of risky digital assets. Bigatton, who had been touting BitConnect from the rooftops, is now on a three-year "good behavior" bond. 💼 From August 2017 to January 2018, Bigatton was the man on a mission, spreading the gospel of BitConnect through seminars and social media. But ASIC's eagle eyes caught wind of this and swooped in to protect unsuspecting Aussie investors. 🟠 The fall of BitConnect was as dramatic as its rise. Once hailed as a crypto lending platform with sky-high returns, it came crashing down when its coin value plummeted by over 90%. Texas even labeled it a Ponzi scheme! 💰 Bigatton's promises were as bold as they come. Attendees at his seminars were told that those shiny BitConnect Coins would soar to $1,000 each. He even had the audacity to claim it was better than any traditional investment! 🟢 Judge Robert Newlinds didn't mince words either, noting that Bigatton's actions breached trust and left investors feeling deceived. ASIC is patting themselves on the back for this win and passing the baton to the Commonwealth Director of Public Prosecutions.

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✅ Coinbase Unveils All-in-One App for Crypto, NFTs, and DeFi! 📱 Coinbase is revolutionizing the way we manage our digital assets with a new web app that combines everything in one place. Say goodbye to juggling multiple wallets and platforms! 🔗 This integrated interface will allow users to effortlessly navigate their entire portfolio, from tokens to NFTs and DeFi positions, across different blockchains like Bitcoin, Solana, and Ethereum. 🟢 With a focus on user feedback, Coinbase aims to make on-chain activities more accessible. Sid Coelho-Prabhu, Senior Director of Product Management, says this app is a big step towards their goal of bringing 100 million users onto the blockchain. 💼 The app offers a range of features designed to enhance the user experience. Connect multiple wallets, trade over 2 million tokens across eight chains, and even create and distribute NFTs directly on the platform! 🛡 Coinbase isn't just about convenience; they're also committed to security. As an additional custodian for VanEck's Bitcoin Trust, they're reinforcing their reputation as a trusted guardian of digital assets. ✔️ While Coinbase pushes for better regulation in the market, it's worth noting that the competition is heating up. Bybit has overtaken Coinbase as the second-largest exchange by volume after Binance. 📈 Despite legal challenges and increased competition, Coinbase continues to thrive with impressive growth rates. The future looks bright for this all-in-one app and the broader adoption of blockchain technology!

🚀 Privado ID Unveils Speedy Web Wallet for Safer Identity Verification 🔒 Digital identity just got a turbo boost! Privado ID, the brainchild of Polygon Labs, has shed its old name and launched the Privado ID Web Wallet. And it's not just a fresh moniker – this wallet means business with its 50% faster verification process. 🔐 How does Privado ID work its magic? By harnessing the power of cryptography and zero-knowledge proofs (ZKPs), it shields your personal data like a digital fortress. With Privado ID, you can now prove your age, qualifications, and more without exposing sensitive info. 🌐 But wait, there's more! This release marks Privado ID's maiden voyage as an independent entity, and they're already making waves. Their web wallet is teaming up with big names like Gitcoin Passport and the privacy-focused oracle platform ZKPass. It's all about creating an open ecosystem where verifiers and issuers can play nice. ➡️ Antoni Martin, Co-founder of Privado ID, is stoked about what lies ahead: "The launch of our web wallet is just the beginning," he says. And he's not kidding – plans are in motion to make the integration of new credential providers a breeze.

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⚠️ PancakeSwap's Generosity Shines Amidst Controversy: 2.45 Million zkSync Tokens Airdropped! 🎁 PancakeSwap, the multichain decentralized exchange, is making waves again with a massive airdrop of 2.45 million zkSync (ZK) tokens as a heartfelt thank you to its loyal community. ⏰ Starting on July 5th at 10:30 a.m. UTC, this month-long reward program will shower participants with ZK tokens until August 5th. ✅ The timing of this gesture is hard to ignore, as it coincides with the recent buzz surrounding zkSync's developer, Matter Labs, and their alleged missteps. 💰 PancakeSwap's decision to share the love comes on the heels of impressive milestones, including surpassing $3 billion in trading volume and attracting over 1.9 million traders. 🔒 To claim their well-deserved ZK tokens, users simply need to connect their wallets to PancakeSwap's platform homepage and follow the easy instructions provided. Any unclaimed tokens will be redirected towards further development and community initiatives. 🟠 While the ZK token has experienced some price turbulence lately, with a slight dip after a hefty $113 million airdrop last month, all eyes are now on whether this latest giveaway will help reignite its value amidst the ongoing zkSync controversy. 🍰 Meanwhile, PancakeSwap's native token CAKE has had its fair share of challenges too. Despite a strong start to the year, with billions in trading volume, CAKE's price has taken a hit, dropping from $4 to $1.73 in just a few months.

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🚀 Tokenizing Funds: Sygnum, Fidelity, and Chainlink Lead the Way! 💡 Partnership for Onchain NAV Data At the Point Zero Forum in Zurich, Chainlink dropped a bombshell: they're teaming up with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. This collaboration is all about making asset data more accessible and taking a step towards tokenization. 💰 $6.9 Billion Fund Gets Onchain Treatment The focus of this exciting venture? The $6.9 billion Institutional Liquidity Fund from Fidelity International, freshly issued by Sygnum. By leveraging Chainlink's tech, NAV data can now be accurately reported and synchronized onchain, giving us real-time transparency. 🔒 Securely Onboarding Any Blockchain Chainlink's got a trick up its sleeve with its "chain-agnostic approach." This means that NAV data can propagate securely across any blockchain or even existing offchain systems. It's all about flexibility without being tied down to one specific platform. 📈 Fund Tokenization: The Digital Asset Trend Sergey Nazarov, Co-founder of Chainlink, knows what's up. He sees fund tokenization as the hottest trend in digital assets right now. With global asset management firms like Fidelity International stepping into the game, it's clear that this market is booming. 🌐 A More Connected Financial Ecosystem This partnership isn't happening in isolation. It's part of a larger trend towards tokenization, as seen with Sygnum's previous collaboration for a tokenized private debt instrument. As traditional finance merges with blockchain tech, we're paving the way for a more interconnected and efficient financial ecosystem.

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🚀 Former DOJ Attorney: SEC v. Coinbase Could Redefine US Crypto Regulation 💼 The U.S. Securities and Exchange Commission (SEC) has taken legal action against Coinbase, alleging the exchange's involvement in unregistered securities trading. This lawsuit carries significant implications for the future of cryptocurrency regulation in the United States. 🔍 In an exclusive interview with Cryptonewscom, former Department of Justice Attorney Seth Goertz delved into the potential consequences of the SEC v. Coinbase case. He stressed that this legal battle has the power to reshape crypto regulations across the board, impacting not just Coinbase but also other exchanges and the wider market. 📉 The SEC's argument centers around certain cryptocurrencies listed on Coinbase, which they claim should have been registered as securities under existing laws. This move by the Commission aims to establish a firmer regulatory grip on a market that has often operated in a legal gray area. 👌 Recent developments have seen Coinbase's attempt to dismiss the case rejected, signaling that there may be enough substance to the SEC's allegations to warrant further examination. 🗣 Goertz shed light on the opposing legal arguments. The SEC contends that assets traded on Coinbase fall within the purview of the Howey Test, a benchmark for determining whether something qualifies as a security. Conversely, Coinbase maintains that these assets do not meet the criteria and should not be subject to SEC oversight. 💡 As this high-stakes legal battle unfolds, its impact on the broader digital asset industry cannot be understated. A ruling favoring the SEC could usher in heightened regulatory scrutiny and compliance obligations for crypto exchanges, potentially reshaping market dynamics.

👀 Consensys Pleads for Breathing Room: IRS Crypto Reporting Regulations Under Scrutiny 🟥 In a formal plea to the U.S. Internal Revenue Service (IRS) on June 21, Consensys, a leading blockchain development firm, urged for a delay in the implementation of proposed tax regulations that would burden cryptocurrency brokers and exchanges with reporting digital asset transactions. 📝 The Proposed IRS Crypto Regulation and Form 1099-DA Consensys' letter highlights concerns over the August 2023 proposal, which aims to treat crypto brokers like their traditional counterparts. The hitch? Entities not accustomed to reporting obligations would now have to file Form 1099-DA for specific crypto dealings. 🔍 A Murky Definition of "Broker" April 2024 saw the release of another draft form that raised eyebrows in the industry. Its broad definition of a "broker" encompassed not just exchanges but also kiosk operators and wallet providers, both hosted and unhosted. 🤔 Clear Instructions Needed, Parties at Risk Consensys criticized the draft form's lack of clarity, warning that it could lead to duplicate reporting. Ji Kim from the Crypto Council for Innovation echoed these concerns, labeling the inclusion of unhosted wallet providers as "unfortunate." ⏰ Privacy Concerns and Compliance Crunch Time is ticking, and Consensys points out that the tight compliance window before the upcoming tax filing deadline coupled with privacy worries could spell trouble for blockchain developers. They fear that being classified as brokers might force them to manually complete forms and even threaten U.S. companies providing blockchain user interfaces. 💡 A Shift Towards Stricter Reporting? While no high-profile legal battles between crypto exchanges and the IRS have made headlines so far, these proposed regulations suggest an increased focus on ensuring proper reporting of taxable crypto activities.

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🦅 Kinode Launches Early Access into it's Highly anticipated Alpha Launch. 💥 Kinode is building what is rumoured to be the 'Next Big Narrative' in Crypto, that of 'Fully Decentralised Operating Systems'. This allows people like you or me, to experience the web in a an entirely new way. 🌹 You can be among the first to get Free Hosting, Kinode Name, Access and more, by going to The Claim Page and letting them know where they should send the invite code too. 🌻 Kinode is backed by giants in the venture space, and are now focussing their attention on their initial ecosystem GTM while getting traction into their 'Sovereign App Store', a direct competitor to the Apple App Store. 🔍 This is the last chance to get into their entry period, it takes 2 minutes https://claim.kinode.org and could be worth it down the road.

🚨 Crypto Influencers Beware: Scammers Strike Again! Is No Account Safe? 🔒 GCR's X Account Hacked: ORDI Token Price Surges, Then Sinks In a shocking turn of events, popular crypto influencer GCR fell victim to a hacker who infiltrated his X account. The result? A price frenzy for the ORDI token, but it was short-lived. ➡️ Insider Job Suspected: Xcom Under Scrutiny GCR suspects foul play, pointing fingers at a possible bribery scandal within Xcom. "No security is foolproof if employees can be bought," he laments. 💰 ORDI and Luna 2.0: Brief Highs, Then Back to Reality The hacker's promotional posts caused a momentary spike in the price of ORDI, reaching $44 before dropping back to $40. Meanwhile, Luna 2.0 experienced a staggering surge of 274%. 👀 Crypto Watchdogs Sound the Alarm As the dust settles, crypto observers like Udi Wertheimer warn that this hack might just be the tip of the iceberg. With meme coins on the rise and engineers on vacation, vigilance is key!

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🔒 Former Kansas Bank CEO Pleads Guilty to $47M Crypto Embezzlement Scheme 💰 In a shocking turn of events, the ex-CEO of Heartland Tri-State Bank in Kansas has confessed to embezzling a staggering $47.1 million through a web of personal crypto purchases. ➡️ The fallout from this audacious scheme resulted in the bank's collapse last July, leaving investors with zero equity, according to the U.S. Attorney's Office for the District of Kansas. 📣 Identified as Shan Hanes, the 52-year-old mastermind behind this financial fiasco allegedly used cryptocurrencies as a smokescreen to hide mounting losses. ➡️ "Hanes is not just a liar but also a master manipulator," stated Attorney Kate Brubacher, emphasizing the devastating impact on victims' life savings and retirement funds. 🔍 The FBI, FDIC, Federal Reserve Board, and FHFA are now jointly investigating this high-profile crypto case that has sent shockwaves through the industry. 🟢 With a potential sentence of up to 30 years looming over him, Hanes awaits his fate at the sentencing scheduled for August 8th. 🟢 The collapse of Heartland Tri-State Bank adds another layer to the ongoing debate about how traditional banks should navigate their relationship with the ever-evolving crypto ecosystem. 💼 Institutions like Silicon Valley Bank, Silvergate Bank, and Signature Bank have all had their share of exposure to cryptocurrencies, raising concerns about liquidity risks and prudent risk management.

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👀 Joe Lubin Teases Plan To Take ConsenSys Mainstream, What’s Next❓ 👉 Read more

🔒 Gala Games' $23M Token Breach Exposes Internal Control Woes 💥 Blockchain gaming giant Gala Games has been hit by yet another security breach, this time resulting in the unauthorized sale of 600 million GALA tokens worth a staggering $23 million. CEO Eric Schiermeyer admitted that the incident was a result of internal control failures. ⏰ The exploit took place on May 20th at 7:32 pm UTC, when a hacker managed to gain access to a Gala Games admin address. This allowed them to mint an astonishing 5 billion new GALA tokens, valued at around $200 million. They wasted no time, selling off 600 million on Uniswap. 🚨 Sadly, this isn't Gala Games' first rodeo with security woes. Earlier this year, they suffered a similar attack that cost them a whopping $130 million. 🔍 The breach was initially flagged by blockchain analyst devops199fan, who noticed the sudden influx of GALA tokens. Gala Games acted swiftly, freezing the compromised wallet and securing their Ethereum contract. 🔐 To prevent further damage, Gala Games made sure that the remaining 4.4 billion tokens were rendered unsellable and burned. They're also teaming up with law enforcement agencies like the FBI to bring the culprits to justice. 📉 The immediate aftermath saw GALA's price take a hit, dropping by 20% to a low of $0.038. However, it has since shown signs of recovery, climbing back up to $0.041 according to CoinGecko. 💪 Despite these setbacks, Gala Games is determined to learn from its mistakes and bolster its internal controls. With ongoing legal battles adding to the turmoil, the company remains committed to providing a secure platform for blockchain gaming enthusiasts.

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🌐 Turkey Takes a Leap Towards Global Crypto Compliance 💼 In a groundbreaking move, Turkey is stepping up its game in the crypto industry. The ruling party has introduced a draft bill to bring the nation's regulations in line with international standards. 👌 The proposed legislation covers all the bases, from trading platforms to asset storage. It's a comprehensive effort to ensure that Turkish residents can engage in crypto transactions with confidence. 🔒 With an eye on consumer protection, the bill requires licensing and registration for all crypto service providers. The goal? To create a safe and transparent environment under the watchful eye of the Capital Markets Board. 💪 The government isn't stopping there. They're giving the CMB more power to safeguard user assets, recognizing Turkey's growing importance in the global crypto landscape. 🚫 But it's not just about local control. Turkey wants to play by the rules of the game, and that means keeping up with the Financial Action Task Force (FATF). Their "Travel Rule" is making its way into Turkish law, ensuring that information about transactions flows freely. 🌍 By aligning their regulations with international norms, Turkey is sending a clear message: they're ready to be a player on the global stage of digital finance.