Derbinsherin (@derbinsherin) • Hey
A common Man
Publications
- 📌 CITREA - Update 03
✴️ Public Devnet goes live for developers
📌 Official guide with site links..
1\. Bridge to Citrea - CBTC
<https://docs.citrea.xyz/user-guide/how-to-use-bridge>
2\. Deploy a Smart Contract Using Remix
<https://docs.citrea.xyz/developer-documentation/deployment-guide/deploy-a-smart-contract-using-remix>
3\. Deploy a Token
https://docs.citrea.xyz/developer-documentation/deployment-guide/deploy-a-token
<https://x.com/citrea_xyz/status/1798362509558329462>
📌 All Users must try to complete..
DYOR✍️
- Bitcoin Posts Longest Winning Run Since March on Rate-Cut Wagers
(Bloomberg) -- Bitcoin again poked above the $70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global markets about the prospect of Federal Reserve interest-rate reductions this year.
- # **Bitcoin Knocks on $ 70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending**
Bitcoin {{BTC}} briefly topped $ 70,000 Monday for the first time in a week before retreating to its familiar trading range, continuing its sideways price action.
The largest crypto by market capitalization recently changed hands at around $ 69,200, up 2% over the past 24 hours, while Ethereum's ether {{ETH}} was little changed slightly below $ 3,800. The broad-market [CoinDesk 20 Index](https://www.coindesk.com/indices/cd20) gained 1.6% over the past 24 hours.
- Good morning all
- # **Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy**
The groups that lobby for big-bank interests in Washington asked the White House to step back from its stated intention to kill Congress' effort to cancel a controversial Securities and Exchange Commission crypto policy.
Two of the digital assets sector's biggest allies on Capitol Hill also sent a similar request to the president.
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to [reverse course](https://aba.com/-/media/documents/letters-to-congress-and-regulators/ltrbidensab121.pdf?rev=b945eed54a1c4d95aab57c4179ddedc9) on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy.
- # **Bitcoin Struggles Below $ 70,000 Ahead of Key Economic Data Release**
Bitcoin (BTC) is facing strong resistance near the $ 70,000 mark since briefly surpassing it on May 28, and has traded back down to $ 68,430 as traders braced themselves for a significant macroeconomic data release. Bitcoin's price action showed a lack of momentum, grinding against nearby support levels. Recent attempts to hold above $ 67,000 have underscored the importance of this level for bulls, who have found it difficult to push the price back up to overhead resistance zones.
Popular trader Skew [noted](https://x.com/52kskew/status/1795993941709615320) in a recent market update that after encountering resistance around $ 72,000, bulls have struggled to maintain momentum above $ 70,000. Skew also pointed out a "waning momentum," as indicated by relative strength index (RSI) signals, suggesting that any further price dips should find support around $ 65,000. He added that recent price movements saw sellers taking advantage of bounces, with limited spot bids defending the $ 67,000 low. "It's here if buyers wanna swing price towards $ 70K," Skew commented.
Another trader, Roman, observed declining volume on Bitcoin’s revisits to the lower end of its short-term range. He expressed optimism about the bullish price action (PA) emerging as Bitcoin approached support levels. "Low volume + lower price = a non-confident downtrend," Roman shared with his followers on X. He indicated that he was looking for short-term reversals in this area to initiate long positions.
The upcoming U.S. macroeconomic data prints include jobless claims and the first revision of Q1 GDP, both of which have the potential to cause significant volatility in crypto and other risk assets if the results deviate from expectations.
**View Comments**
- Ready for $SOCIAL Summer? 🏖🍹🦄
To celebrate, 10 Phaver-Ups and 1M #phairdrop raffled among users who like & share this post or share their own version on X, Lens or Farcaster with instructions below⤵️ Also, L2 can now be reached in 1 day with Anima for faster referral rewards!
How to win 100k Points & a Phaver-Up? 🎉
a) Share & like the $SOCIAL Summer post on X, Lens or Farcaster (each has their own raffle)
b) Make your own post in same channels with $SOCIAL, #phairdrop and your Phaver username/invite code
c) Highest reach in b on X
d) Best meme 🔥
Raffle ends May 31st⏳It’s also time to onboard your frens and earn 1k rewards when they level up with your code: Anima now gives 10 Cred/day and Level 2 limit is dropped to 10C, so new users can level up in 1 day🚀, reward you, and get free Lens & FC to still get a #phairdrop!🤝
Remember that $SOCIAL is not yet available to buy or trade anywhere and anyone requesting you to connect a wallet for airdrop purposes is a scammer.
Stay safe and beware of scam links. Always verify through our official channels. 🫡
- # **Prediction: Bitcoin Will Reach $ 80,000 in 2024**
I know, I know. You probably expected me to set a higher target price for **Bitcoin** (CRYPTO: BTC). Everybody else is doing it, after all.
Fundstrat Global Advisors partner Tom Lee sees $ 150,000 per coin as a "base case" in 2024.
Analysts from British [money center bank](https://www.fool.com/terms/m/money-center-banks/?utm_source=yahoo-host-full\&utm_medium=feed\&utm_campaign=article\&referring_guid=7fcf4340-2b57-466b-b559-2a873c46776b) **Standard Chartered** [recently agreed with Fundstrat's $ 150,000 prediction](https://www.fool.com/investing/2024/05/25/will-ethereum-soarsoar-116-in-2024/?utm_source=yahoo-host-full\&utm_medium=feed\&utm_campaign=article\&referring_guid=7fcf4340-2b57-466b-b559-2a873c46776b), and said they expect another step up to $ 250,000 next year.
Ark Invest's Cathie Wood used to think that Bitcoin would hit $ 600,000 in 2024, on its way to a $ 1.5 million target by 2030. She hasn't updated the near-term target lately, but her 2030 target now stands at $ 3.8 million per Bitcoin. And to be fair, I've pinned a $ 150,000 price target on Bitcoin myself -- but not for this year. I expect that milestone to be reached in 2025 or 2026. Bitcoin's four-year cycle of price surges suggests another dramatic price gain after April's halving of mining rewards -- but don't expect that surge to materialize right away.
- Good morning
- # **Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote**
This week in prediction markets:
Courting crypto voters appears to have boosted Trump's odds.
Doug Burgum still trails behind Tim Scott for Republican VP pick.
Longshot ether ETF approval contract prints triple-digit return for bettors, despite disputes over its resolution.
Taking a strong pro-crypto stance may have strengthened Donald Trump's lead over incumbent president Joe Biden – at least if you go by the prediction markets.
- # **3 Reasons to Buy Bitcoin Like There's No Tomorrow**
As alluring as cryptocurrencies can be, they are risky. While the blockchain technology powering these assets is innovative and holds the potential to transform finance as we know it, their role in the future remains ambiguous and borderline obscure.
Yet, there is one cryptocurrency with a proven role that provides investors with the safest exposure to the best the cryptocurrency market has to offer. Here's why I'm buying **Bitcoin **(CRYPTO: BTC) like there is no tomorrow.
- # **4 Solid Crypto Stocks to Bet on Ahead of Next Bitcoin Rally**
The cryptocurrency rally came to a sudden halt in April after a robust 2023 and first quarter. The first quarter saw Bitcoin (BTC), the world’s most popular cryptocurrency, hitting an all-time high of $ 73,750.
However, Bitcoin has since retreated sharply, with its price hovering around $ 68,000 on May 23. In fact, Bitcoin has fallen 15% since hitting an all-time high on Mar 14.
- I just voted "Yes" on "Stargate ImmuneFi Bug Bounty Program" https://snapshot.org/#/stgdao.eth/proposal/0xc87599acecab6170b5e728a579faf7eed0a5cedb7fb3bb7b8071100610665e78 #SnapshotVote
- Good night 😴 dears
- # **SEC's lack of internal coordination suggests Ethereum ETF pivot 'entirely political,' source says**
**by Sarah Wynn**
**On Monday, the SEC’s division of trading and markets informed exchanges they would approve 19b-4s this week, reversing their stance from two weeks ago, according to a source.**
**Issuers, responsible for S-1s, contacted the SEC, but the division of corporation finance appeared out of sync with the division of trading and markets, the source said.**
<https://www.theblock.co/post/295771/secs-lack-of-internal-coordination-suggests-ethereum-etf-pivot-entirely-political-source-says>
- # **SEC Submits Response to Ripple's Sealed Motion, Says Former Federal Prosecutor**
According to Foresight News, legal documents shared by former U.S. federal prosecutor James K. Filan reveal that the U.S. Securities and Exchange Commission (SEC) has submitted a response to Ripple's sealed motion. The SEC has expressed opposition to some of the evidence in certain documents related to Ripple's application for remedial measures.
- # Cryptocurrency Prices And News: Bitcoin Leaps Near $ 66,000 After CPI Report
Bitcoin leapt back near $ 66,000 Wednesday to lead cryptocurrency prices higher after the **April CPI report** showed that core inflation moderated last month, while retail sales cooled more than expected.
- 📌 Lagrange Protocol - Update 02
📔Galxe
Lagrange ZK Coprocessor Query from L2 - <https://app.galxe.com/quest/LagrangeLabs/GCgD2tzsia?referral_code=GRFr2JkvO2m803SrZtqCcOGp3oDkN0Rp6ljcGr4dW31RaPA>
🔸Steps to complete task👇
1\. Need frxETH in fraxtal mainnet..
2\. To get frxETH use Merkly to bridge gas over to Frax network - Link (<https://minter.merkly.com/gas/v2)>
3\. From any network (lke scroll, Base) to Frax network we bridge 0.001(3$)ETH fees - 1$
4\. Connect to Web3 with fraxtal network <https://fraxscan.com/address/0x9EfeaC259c4D22Dd79305897563c5d30782C972b#writeContract>
5\. Click query
6\. Query - 0.00015
7\. StorageContract - 0xBd3531dA5CF5857e7CfAA92426877b022e612cf8
8\. Holder - 0x29469395eAf6f95920E59F858042f0e28D98a20B
9\. StartBlock (uint256) - 19774897
10\. EndBlock (uint256) - 19774997
11\. Offset (uint8) - 5
12\. Click Write
Complete the transaction in Fraxtal 0.5$ worth eth fees..
Now verify and claim...
DYOR✍️
- Mint Lens Network Commemorative Zorb
https://zora.co/collect/eth:0x3d4914b0917fe61379aec014e6ebc2664182cfc6/1?referrer=0x2928Dc3a577A8984b2D9aA5d7338CBce1fD5b7B7
- 📌 Lagrange Protocol - State Proofs across all major blockchains..
✴️ 17m Fundraised project but VC are tier 02
📔Galxe
Lagrange's ZK Coprocessor and earn rewards - Link (<https://app.galxe.com/quest/LagrangeLabs/GCZEgtzz7v?referral_code=GRFr2JZvbim80SMupt3Z47HsfPGDOtjD0UnihC28WKyo88d)>
Steps to complete
Go to - <https://basescan.org/address/0x80c0a42f808d6f35e83f4939482a485cae536e6a#writeContract>
1\. Connect to Web3
2\. Click query
3\. query: 0.00015
4\. Storage Contract: 0xBd3531dA5CF5857e7CfAA92426877b022e612cf8
5\. holder: 0x29469395eAf6f95920E59F858042f0e28D98a20B
6\. StartBlock: 19774897
7\. EndBlock: 19774997
8\. offset: 5
9\. Click Write
Complete the transaction in base 0.5$ worth eth fees..
Now verify and claim...
DYOR✍️
- 📌 Humanity Protocol - Human-Centric Blockchain...
✴️ 30Million fund raised..
✴️ Working with World coin team..
📌 Join our waitlist - Link (<https://cfh.xyz/?ref_id=0PZNDBJ7O)> (Referral Link)
🔸 Join Discord - Link (https://discord.gg/JG4sUDFm)
Submit your EVM wallet address in Discord>wallet submission channel
For more - <https://twitter.com/Humanityprot>
DYOR✍️
- # Common Drops are coming: here’s how the rewards break down
***How do you know if you’re eligible for Common Drops rewards?***
The launch of Common Automated Market Maker (AMM) marks an important milestone for the Aleph Zero ecosystem—and this is just the beginning!
**Common AMM is the initial product of the Common DeFi Suite.** It will enable users to perform fast, simple swaps using a familiar, yet optimized and refreshed interface. The AMM will launch together with fundamental DeFi primitives to drive more on-chain activity, enable liquidity provision and yield farming, and extend the overall utility of the ecosystem.
Once the AMM is launched, more features will be gradually rolled out to fulfill what Common set out to be—the best trading experience in the industry, period.
Privacy will be a key factor in achieving said goal; as a standalone, it is just a feature. In on-chain trading, however, it will serve as a gateway to superior user experience that allows users to prove validity of transactions without revealing specific details about the transaction itself, shield amounts, origins, and destinations, or enhance swaps by revealing the sizes and assets only upon execution. To celebrate the launch of the AMM, in anticipation of the privacy-enhanced environment, we’ve prepared something very special for the Aleph Zero community. Say hello to a series of juicy Common Staking Drops rewards.
Let’s dive in!
## What are Common Staking Drops and Effective Stake?
Common Staking Drops are rewards that will be distributed to AZERO stakers and ecosystem participants during the four (4) rounds of this campaign. These Drops will then be redeemable for CMN Tokens.** The exact amount of Drops you’ll receive will be based on your Effective Stake.**
Your Effective Stake is established by comparing your daily average AZERO staked over the whole period (including eras when not staking) with your stake when a snapshot taken at the very end of the period.** The lower number of these two is your Effective Stake.** To calculate your daily stake, both [direct nominations](https://docs.alephzero.org/aleph-zero/use/stake/how-to-change-nominations) and [pool nominations](https://alephzero.org/blog/faq-aleph-zero-nomination-pools/) are taken into account. For users engaged in both direct and pooled nominations, the sum of all nominations will be taken into account. Community validators are eligible based on self-stake, but it’s important to note that the self-stake of **Aleph Zero Foundation validators is excluded from the Drops.**
## The Intro Drop—or where the fun begins
During Common AMM’s Mainnet launch, the Intro Drop will be distributed. You’re eligible if you’ve been staking AZERO at any time over the last 6 months and you’re also staking at the time of the launch. **Your reward is calculated based on your “Effective Stake”.**
Here are two examples that will give you an idea of how the Intro Drop–and other Drops based on effective stake–work. For simplicity, we’re assuming that the staking rewards are not compounded.
**Case A: a user stakes the same amount of AZERO for 6 months before the Intro Drop snapshot.**
Stake: 10,000 AZERO Period staked: 6 months (full 182 days)
Effective stake: 10,000 AZERO
Intro Drop: 20,000 Common Staking Drops
**Case B: a user stakes 10,000 AZERO initially, but unstakes 3,000 AZERO after 100 days.**
Stake and Period staked: 10,000 AZERO for 100 days; then 7,000 AZERO for 82 days
Effective Stake breakdown:
Full Period Average Daily Stake: ~8,648 AZERO
Stake at Snapshot: 7,000 AZERO
Effective Stake: 7,000 AZERO
Intro Drop: 14,000 Common Staking Drops
## Seasons 1 to 4 and the entire Common Staking Drops rewards schedule
There are different reward rates according to your amount of staked AZERO–and they break down as follows:
**Intro Drop:** Coinciding with Mainnet launch; considering 24 weeks before the launch, offers 2 Common Staking Drops per 1 AZERO.
**Round 1:** Starts at Mainnet launch; 6 weeks; 1 Drop per AZERO.
**Round 2:** Follows Round 1; 6 weeks; 1 Drop per AZERO.
**Round 3:** Follows Round 2; 6 weeks; 1 Drop per AZERO.
**Round 4:** Follows Round 1; 18 weeks; 3 Drops per AZERO.
All drops are calculated based on your “Effective Stake” of AZERO, with different time frames according to the above schedule. Notice that Round 4 lasts for 18 weeks and will begin after Round 1 concludes.
Your Common Drops will be redeemable for CMN tokens after the TGE. The redeem ratios for all Drops will be revealed after Round 4 concludes!
Thanks for being with us thus far! Now you know everything there is to know about the initial Common AMM launch and Drops initiative.
But wait…
Yeah, there’s a bit more. Maybe a bit more than a bit more. There’s still the OG Drop. The mysterious Lucky Drop.
And then—the Common LP Drops.
As you might expect, Common is a community-oriented project with tokenomics to reflect that. We all appreciate how patient our community is, and it doesn’t go unnoticed!
Stay tuned!
- Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets.
Garlinghouse said on a May 10 [episode](https://www.youtube.com/watch?v=55q7PnOAIeI) of the *World Class* podcast there would “100%” be another crypto-related black swan event like the collapse and [subsequent uncovering of fraud](https://cointelegraph.com/news/senators-warren-grassley-details-cftc-communications-ftx) perpetrated by FTX’s executives.
“The U.S. government is going after Tether, that is clear to me,” he said without elaborating and stopping short of suggesting any possible U.S. action against Tether would be the next black swan. He instead called it an “interesting one to watch.”
“I view Tether as a very important part of the ecosystem,” the Ripple boss said. He added he doesn’t know how to predict what impact potential U.S. regulatory action against Tether would have on the crypto ecosystem.
Garlinghouse’s comments come as Ripple plans to launch its own stablecoin in 2024.
- Good night 😴
- Good night 😴 dears
- # **Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $ 60K**
Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.
<https://cointelegraph.com/news/bitcoin-halving-danger-zone-2-days-btc-price-retesting-60k>
- # Crypto Market Watch: Bitcoin touches $ 63,000 mark; notable increase in cryptocurrency market cap
## Bitcoin recently touched the $ 63,000 mark, showing a significant increase. Ethereum also showcased a strong performance, holding above the $ 3,000 mark
- # **Crypto Markets Under Pressure as $ 2B Worth of Altcoin Token Unlocks and $ 11B Bitcoin Distribution Loom**
## Bitcoin was lower by 2.5% to $ 61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.
- # **Key Bitcoin Indicator Points to Period of Calm in Crypto Market**
## BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.
- # **Hubbis Partners with Independent Reserve to Bring You Weekly Crypto News and Market Trends - Macroeconomic Trends Shaping Cryptocurrency and Policy Decisions**
- # **Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice**
## The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
- # **Vodafone looks to integrate crypto wallets with SIM cards**
Vodafone, a United Kingdom-based telecommunications provider, hopes to bring blockchain technology to smartphone users by integrating cryptocurrency wallets with subscriber identity module (SIM) cards.
The ambitious move comes amid a company finance plan that [reportedly](https://www.bloomberg.com/news/articles/2024-05-02/vodafone-idea-seeks-1-8-billion-of-loans-in-next-two-years) involves Vodafone Idea — a separate entity operating in India that the Vodafone Group has a 45% stake in — taking on nearly $ 3 billion in debt, including $ 1.8 billion in loans over the next two years.
In a recent interview with Yahoo Finance Future Focus, Vodafone Blockchain Lead David Palmer [discussed](https://finance.yahoo.com/video/vodafone-using-sim-card-tech-050036346.html) the company’s plans to integrate blockchain technology into smartphone sim cards:
- AI is the most promising technological advancement known to humankind. It stands to radically redefine how we live on our planet, and in just a short period of time it has already become indispensable to many of us.
https://x.com/nesaorg/status/1781367057298419736
- Vested crypto tokens worth over $ 3B to be unlocked in May
Vested crypto assets worth over $ 3.1 billion will be released in May, with projects like Sui and Pyth Network unlocking over $ 1 billion in tokens each.
Crypto vesting is done to promote continued dedication to a crypto project. Vested crypto tokens are locked to prohibit early investors or team members from hastily dumping their tokens and leaving the project.
Among the projects releasing vested crypto assets, layer-1 blockchain platform Sui will release the largest amount. The project is expected to unlock almost one billion tokens for its Series A and Series B investors, early contributors, the Mysten Labs treasury and its community reserve on May 31.
The tokens are worth around $ 1.15 billion at the time of writing.
- AIP-426: Special Council- Future election requirement and role clarification https://snapshot.org/#/apecoin.eth/proposal/0xc50d6098be8b3f33b3f23a7bc9377473d82f20f1dd040035ae9da4dfd38bf35e #Snapshot
- Infrastructure - LST Proposal: Request for Additional Sequencer Node for Artemis Finance https://snapshot.org/#/metislayer2.eth/proposal/0xb1e132d7428ff864ab8ad973e3875db9f5ae364931ff59362dfdc031f3341b5c #Snapshot
- 📌 Base Update
✴️ Base Quest Anniversary NFT in Mainnet..
🔸Claim Now - fees 0.08$ in base ETH
base.org/builder-anniversary-…
Who is eligible to claim the Base Quest Anniversary NFT?
Builders who completed last year’s onchain (base.mirror.xyz/CsHm8poSS9HqW…) quest and claimed the Base Goerli testnet NFT. Please make sure you’re connecting the same wallet that holds the test net NFT, otherwise you won’t be able to claim...
Our Old users pls check we completed in old group...
DYOR✍️
- Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest cryptocurrency exchange.
The sentence was imposed by United States District Judge Richard Jones in Seattle, who rejected prosecutors’ request that the 47-year-old Zhao serve a three-year term.
- The Ethereum network has reached a significant milestone, hitting 1 million validators. Terence Tsao, an Ethereum developer who goes by the name "Terence.eth" on X, took to social media to celebrate the milestone. "We reached 1 million validators," Terence wrote on X, attaching a screenshot. According to the screenshot, Ethereum active validators have reached 1,000,012, while pending validators total 14,379. This milestone is accompanied by an impressive figure of approximately 32 million Ethereum staked (32,000,026 ETH). This figure represents around 26% of Ethereum's total supply, demonstrating a substantial degree of participation in ETH staking. Staking is the act of depositing 32 ETH to activate validator software.
Validators are critical to the Ethereum network, especially since its transition to a proof-of-stake (PoS) consensus mechanism in September 2022. They are responsible for storing data, processing transactions and adding new blocks to the blockchain, a role previously filled by miners in the proof-of-work (PoW) model, thus keeping Ethereum secure and earning new ETH in the process.
Reaching one million validators is more than just a statistic; it represents the enormous amount of trust and resources that users are willing to commit to keeping the ETH network running.
The Shapella upgrade, which enabled staking withdrawals, has increased the number of validators on the Ethereum network.
Presently, the Ethereum network is gearing up for new upgrades: Electra is the consensus layer (CL) upgrade name for the next immediate hard fork scheduled on Ethereum. Deneb refers to the most recent hard fork activated on Ethereum. At the time of writing, ETH was down 5.139% in the last 24 hours to $ 3,123. According to crypto analyst Ali, the Ethereum price action is facing a brickwall resistance at $ 3,200, where 2.43 million addresses hold 5.14 million ETH.
- Bitcoin (BTC) price action has been rather range-bound over the past few weeks, capped between the $ 73,777 all-time high and the $ 59,005 intraday day low recorded during the March 5 trading session. With a market that is currently devoid of a catalyst, chances are that we could see a sideways weekend.
- ***We are live with our Galxe Campaign*** We are thrilled to announce the first-ever Bitcoin TVL campaign on Lorenzo Protocol via our strategic integration with Babylon. We have created a survey for you to fill out and be part of our Early Waitlist program. For our Early Waitlist members we are giving away a free NFT
- The British National Crime Agency (NCA) will no longer be required to make an arrest before seizing crypto from a suspect, as the new powers enable enhanced measures to combat crypto-related crime.
According to an official statement on Apr. 26, the U.K. government has updated proceeds of crime and terror legislation, facilitating more effective investigation, seizure, and recovery of illicit crypto by law enforcement agencies, marking a significant shift in the country’s approach to tackling illicit activities involving crypto.
The changes include allowing police to seize crypto without an arrest, enabling the seizure of items aiding investigations, and transferring illicit crypto into a controlled digital wallet inaccessible to criminals. Additionally, law enforcement officials can now seize “items that could be used to give information to help an investigation, such as written passwords or memory sticks.”
- I just voted "Yes" on "Proposal to wind down support for the Fantom Ecosystem" https://snapshot.org/#/stgdao.eth/proposal/0xeb2e6a54d110db0cec12113aae61ac83e2d31fc60e14c8084d86d0cc710631d4 #SnapshotVote
- **Bitcoin** (CRYPTO: BTC) soared 140% over the past year as economic resilience drew investors back to risk assets. Other factors also contributed to that price appreciation, especially the excitement surrounding spot Bitcoin exchange-traded funds (ETFs) and the halving of Bitcoin block subsidies.
To elaborate, Bitcoin supply is capped at 21 million coins, and that supply limit is enforced by the periodic halving of block subsidies. The first three halving events occurred in 2012, 2016, and 2020, and the most recent one took place on April 19, 2024. But investors have been amped up for months because Bitcoin has consistently skyrocketed during the four-year period following halving events.
- Good Morning 🤩
- 3 Must-Know Facts About Ethereum, Before You Buy the Cryptocurrency
With a current market cap (as of the afternoon of April 17) of $ 360 billion, **Ethereum** (CRYPTO: ETH) is the world's second most valuable cryptocurrency. It's behind only **Bitcoin** when it comes to market domination.
Just in the past five years, Ethereum's native token has skyrocketed nearly 1,700% in value. That would have turned an initial $ 1,000 investment into a jaw-dropping $ 18,000 balance today.
Ethereum has also been on a fantastic run since the start of 2023, benefiting from the broader crypto market's rally. But this digital asset remains 36% off its high. Before you rush to buy the dip, here are three things you should know about Ethereum.
- Bitcoin halving done, spurs mixed reactions among enthusiasts and analysts
Following the halving, Bitcoin's market performance remained relatively stable, experiencing a slight decrease of 0.47% to settle at $ 63,747.
- Runes, Casey Rodarmor's Protocol for 'Sh!tcoins' on Bitcoin, Set to Go Live at HalvingRodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.
- ***Read more from CoinDesk’s “Future of Bitcoin” package. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.***
- Alchemy Pay Identifies Hong Kong as Key Strategic Market for Cryptocurrency
According to Foresight News, Alchemy Pay, a provider of cryptocurrency payment services, has announced its decision to identify Hong Kong as a key strategic market. This move aligns with Hong Kong's ambition to become the next cryptocurrency hub in Asia. Alchemy Pay's decision underscores the growing importance of Hong Kong in the global cryptocurrency landscape.