Husrald (@husrald) • Hey

Crypto enthusiast

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Waiting for Bonsai
StarkNet (STRK) Price Jumps 11% As StarkWare Changes Token Unlocking Schedule StarkNet price recovers most of its lost ground as StarkWare reduces the initial token release from 13.4% to 0.64%.
Angel Drainer targets users with malicious Safe contract: $ 403K stolen Notorious phishing group Angel Drainer has reportedly stolen over $ 400,000 from 128 crypto wallets through a new attack vector that has leveraged Etherscan’s verification tool to cover up the malicious nature of a smart contract. The attack started at 6:40 am Feb. 12 when Angel Drainer deployed a malicious Safe (formerly Gnosis Safe) vault contract, wrote blockchain security firm Blockaid in a Feb. 13 post to X. At total of 128 wallets then signed a “Permit2” transaction on the Safe vault contract, leading to $ 403,000 in funds being stolen. https://coinmarketcap.com/headlines/news/angel-drainer-attack-gnosis-safe-vault-contract-etherscan/
Better days coming soon
Indian Union Budget 2024 Expectations LIVE: What’s In Store For Crypto, Finance, & Other Sectors As the date for the release of the next Indian Union Budget nears, the financial ream of the nation embraces itself for any potential paradigm shifts that may appear with the Finance Minister’s speech. The Indian Finance Minister, Nirmala Sitharaman, is previously known for delivering the longest budget speech to date, lasting 2 hours 40 minutes, encompassing key details on spending, allocations, and expenditures for the nation. Following this, even this year’s budget remains eagerly awaited by the citizens of India. Although the Finance Minister recently stated that no spectacular announcements will be made on the February 1st speech, major shifts are expected by July 2024, with the conclusion of the general elections in 2024. Meanwhile, with the inaugural ‘Halwa’ ceremony, the preparations for the upcoming budget have already started, garnering significant attention within the country.
This Crypto Trader Made $ 6.7 Million In 3 Hours With Ethereum’s SatoshiVM Token One crypto trader has been making the rounds on social media after making more than $ 6 million in profit with SatoshiVM, an Ethereum token. This incredible trade took place in less than a day, translating to an almost 600% gain for the whale trade. So how did they do this? In just 3 hours, this trader made ~$ 6.77M on $SAVM!😱 He used #BananaGun and a bribe fee of 141.66 $ETH to be the first one to buy $SAVM at the opening, buying 2.61M $SAVM with a total cost of 277.66 $ETH($ 681K). Now he is selling $SAVM and has sold a total of 2.16M $SAVM for… pic.twitter.com/F21Te2NTRH — Lookonchain (@lookonchain) January 19, 2024 https://twitter.com/lookonchain/status/1748180416992027102
GTA 6 Preview: Everything You Need to Know About the New Grand Theft Auto UPDATE: T-Pain says he's working on GTA 6—and that Rockstar asked him to stay away from a particular game server in the meantime. It’s been nearly a decade since Grand Theft Auto 5 was released—but what will the sequel bring? The massively popular open-world action franchise has sold over 405 million copies so far, putting it in the pantheon of the all-time best-selling game series. And that success has ignited widespread excitement over the next entry. Now Grand Theft Auto 6 has been officially revealed, and there’s plenty we already know from the first trailer and announcement. Here’s what you need to know about GTA 6. https://decrypt.co/154049/grand-theft-auto-6-release-date-rumors-leaks-news
Spot Bitcoin ETF: Unveiling Potential Premiums & Regulatory Hurdles Post Approval Reggie Browne predicts 8% premiums on Spot Bitcoin ETFs, foreseeing regulatory challenges despite a potential $ 20 billion inflow in 2024. As the deadline approaches, Reggie Browne, GTS’s Head of ETF Trading, predicts a potential premium of 8% above Net Asset Value (NAV) for a Spot Bitcoin ETF. Meanwhile, Browne emphasizes the complexity arising from U.S. broker-dealers unable to trade Bitcoin directly, potentially causing trading hurdles.
Any US resident making crypto transactions exceeding $ 10,000 will soon have to report them to IRS. A recent development in the crypto landscape is causing a stir among users and advocates alike. The Infrastructure Investment and Jobs Act, passed by the US Congress, introduces a reporting provision requiring individuals involved in crypto transactions exceeding $ 10,000 to report them to the Internal Revenue Service (IRS) within 15 days. While this move aims to enhance transparency, it brings about a series of challenges and uncertainties. The Infrastructure Investment and Jobs Act, effective January 1, 2024, mandates that anyone receiving over $ 10,000 in crypto transactions must report the details to the IRS within 15 days. This includes providing personal information about the sender, transaction amount, date, and more. Coin Center, a crypto advocacy group, has filed a lawsuit challenging the constitutionality of this reporting requirement.
Unisat's BRC-20 Upgrade Plans Face Opposition from BRC20 Creator, Resulting in Protocol Split Unisat's BRC-20 Upgrade Plans Face Opposition from BRC20 Creator, Resulting in Protocol Split Crypto News Unisat's BRC-20 Upgrade Plans Face Opposition from BRC20 Creator, Resulting in Protocol Split X X X X X X X X TokenInsight By TokenInsight 10m ago • 2 mins read Unisat's BRC-20 Upgrade Plans Face Opposition from BRC20 Creator, Resulting in Protocol Split In recent developments, Unisat has made an announcement on the X platform, revealing its intention to follow the Ordinals Jubilee upgrade and ensure the continued operation of the BRC-20 protocol on Ordinals. UniSat has unveiled plans to release the white paper on January 31, emphasizing its significance as a valuable contribution to BRC-20, Ordinals, Bitcoin, and the wider community since February last year. However, Domo, the creator of the BRC-20 token standard, has voiced opposition to UniSat's proposed upgrade. Domo expressed concerns about the rushed nature of the updates, stating that they overlook peer indexers and potentially pose risks to the broader BRC-20 user community. Domo highlighted recent bugs associated with the Ordinals 0.8 and 0.9 updates, underscoring the increasing complexities of integrating new updates into the BRC-20 standard. Domo emphasized the need for thorough testing, coordination, and validation infrastructure before integrating such changes, stating that the current environment may not be safe for their integration. Following the controversy, UniSat clarified that the proposed update would result in a split within the current protocol. This means that A (BRC-20 frozen at version 0.9) and B (Ordinals Jubilee) will form different sets governed by distinct rules while still residing on the same physical blockchain.
UNLEASHING CREATIVE POTENTIAL – HOW AI TRANSFORMS INNOVATION AND IMAGINATION In the ever-evolving landscape of creativity, Artificial Intelligence (AI) has emerged as a powerful force, transcending its once-futuristic aura to become an integral part of our daily lives. As creativity takes center stage in personal and professional realms, the role of AI in amplifying and reshaping our imaginative capacities becomes increasingly significant. This news story explores how AI serves as a catalyst for expanded thinking and innovation, challenging conventional boundaries to unlock new realms of creativity. Amplifying creativity – The influence of AI Artificial Intelligence (AI) stands poised to deliver a unique blend of inspiration and insight, pushing the boundaries of traditional thinking. At its core, AI serves as a catalyst for expanded thinking, challenging the assumptions and constraints of the human mind. By presenting data, patterns, associations, and possibilities not immediately apparent, AI stimulates divergent thinking—a key component of creativity. This ability to think non-linearly encourages individuals to explore beyond cognitive biases, fostering innovative thinking and problem-solving. For example, a writer engaging with an AI-driven storytelling assistant may explore plot twists or character developments previously unconsidered, leading to more dynamic narratives. By posing unique and provocative questions to AI, creative possibilities become seemingly limitless. AI’s prowess in processing and analyzing vast amounts of data transcends human limitations, effectively augmenting cognitive capabilities. Serving as a vast data repository, AI provides instant access to relevant information, acting as a computational tool to synthesize and integrate complex data. This leads to richer, more nuanced creative outputs. A marketing professional, utilizing AI to analyze trends and consumer behaviors, gains instant insights for groundbreaking campaigns that break away from conventional strategies. AI becomes a valuable ally in exploring new avenues and redefining the creative process. https://www.cryptopolitan.com/creative-potential-how-ai-innovation/
BRICS REVOLUTION: UAE AND CHINA ANNOUNCE MEGA TRADE SHIFT USING LOCAL CURRENCIES The United Arab Emirates is looking for increased trade with China to become one of the global players. Both countries are trying to increase their cooperation by indulging in bilateral investments and cooperation to grow their presence in the Pacific Islands and Africa. The report further says that trade between the two countries will be done in the Chinese yuan. This will allow the Middle Eastern countries to grant China a passageway of influence in the region. Due to this, there should be a shift in the global power balance away from Western dominance. China and UAE – BRICS development efforts Throughout the year, the BRICS alliance has had a high prevalence, which has highly developed the geopolitical sector. The block has seen its de-dollarization plans begin to take hold on a global level. In addition, it conducted its very first expansion plan during its annual summit in 2023. At the moment, one of the nations in the expansion is attempting to increase its global reputation. To be specific, the BRICS members China and UAE are seeking an increase in bilateral trade in local currencies. Moreover, the former is seeking an increase in its global role through investments. The UAE was one among five countries that were set to join the economic alliance at the end of the year. Specifically, it is set to join Saudi Arabia, Iran, Egypt, and Ethiopia as the newest BRICS members. The members are set to join forces to increase their presence in African nations. The UAE is also set to grow its all-round use of the yuan. https://www.cryptopolitan.com/uae-and-china-to-settle-trade-in-yuan/
AMBOSS LAUNCHES ‘GHOST ADDRESSES’ FOR ENHANCED BITCOIN LIGHTNING NETWORK SECURITY Amboss Technologies, a prominent provider of payment solutions on the Bitcoin Lightning Network, has recently unveiled an innovative feature known as “Ghost Addresses.” The development represents a significant leap forward in the realm of cryptocurrency transactions, particularly within the Bitcoin Lightning Network. Ghost Addresses are designed to enhance the user experience by offering a more secure, efficient, and user-centric approach to handling Bitcoin transactions. The new feature by Amboss Technologies is set to redefine the standards of transactional security and privacy on the Lightning Network, marking a notable advancement in the company’s ongoing efforts to innovate and improve the cryptocurrency payment landscape. The innovation enables users to receive payments directly into their self-custody, reducing reliance on custodial wallet providers. Ghost Addresses combines the user-friendly, email-like format of Lightning Addresses with advanced features of the Lightning Network, enhancing both security and privacy. https://www.cryptopolitan.com/amboss-ghost-bitcoin-lightning-network/
Decrypt, Build, and Connect WEB3 - 'BIT BEST Web3 Finance Global Consensus Summit' Successfully Concluded DUBAI, UAE - Media OutReach - 19 October 2023 - On October 16, 2023, led by BIT BEST, the BIT BEST Web3 Finance Global Consensus Summit came to a successful conclusion in Bali. The conference, themed "BIT BEST & Web3 Finance", focused on BIT BEST's on-chain financial ecosystem, exploring decentralized financial theories and practices. It brought together hundreds of ecosystem members, industry KOLs, and crypto teams to discuss the challenges and opportunities of the Web3 financial era and share visions of the future of finance https://coinmarketcap.com/community/articles/6532037d9316ca57b0d6736c/
BinaryX (BNX) Price Prediction 2023, 2024, 2025, 2030, 2040, and 2050 Cryptocurrency and blockchain technology have been gaining widespread attention and adoption in recent years. Among the many cryptocurrencies in the market, BinaryX (BNX) is making waves in the crypto space. Since its inception, BinaryX has gone through many ups and downs, with extreme price volatility being a defining characteristic. If you're looking for the BinaryX (BNX) price prediction or seeking to understand the potential of BNX Coin, then our comprehensive price prediction analysis is designed to provide valuable information. Our BNX Coin price prediction is based on technical analysis, the current and past performance of BinaryX. So, let's get started! Read Full Article on OvenAdd: BinaryX (BNX) Price Prediction from 2023 to 2050 https://ovenadd.com/binaryx-bnx-price-prediction/
Upcoming Bitcoin Halving Unlikely To Be Bullish Catalyst, Says Crypto Analyst Nicholas Merten – Here’s Why Crypto analyst Nicholas Merten believes Bitcoin’s (BTC) next halving will not ignite the renewed bull market that many traders and analysts expect. In a new video update, Merten tells his 512,000 YouTube subscribers that unlike many other analysts, he does not believe the BTC halving event in 2024 will spark a huge rally as past ones did because it’s impact on new supply will not be enough of a catalyst. The Daily Hodl Upcoming Bitcoin Halving Unlikely To Be Bullish Catalyst, Says Crypto Analyst Nicholas Merten – Here’s Why Daily Hodl Staff October 13, 2023 Crypto analyst Nicholas Merten believes Bitcoin’s (BTC) next halving will not ignite the renewed bull market that many traders and analysts expect. In a new video update, Merten tells his 512,000 YouTube subscribers that unlike many other analysts, he does not believe the BTC halving event in 2024 will spark a huge rally as past ones did because it’s impact on new supply will not be enough of a catalyst. Bitcoin halvings occur every four years, cutting BTC mining rewards in half BTC and therefore reducing the amount of new supply entering the market. The next one is expected on April 15th. Says Merten, “There’s a big misconception here. That halving reduction, while it is technically declining the inflation rate in half, the problem is that inflation rate reduction in nominal terms – in real actual impact of terms – is getting weaker and weaker and weaker over time. And this also explains why Bitcoin has had diminishing returns over time. It doesn’t expand as rapidly as it has in the past.” The next halving will reduce miner rewards from about 6.25 Bitcoin per block to 3.125 Bitcoin per block. Merten says that since the value of the reduction is relatively small compared to the BTC’s total market cap, he doubts it could spark a major rally. https://dailyhodl.com/2023/10/13/upcoming-bitcoin-halving-unlikely-to-be-a-bullish-catalyst-says-crypto-analyst-nicholas-merten-heres-why/
Unprecedented Surge in Market: $78 Million Inflows Mark Largest Week Since July CoinShares’ recent investment report has unveiled a significant influx of capital into the market, as a whopping $78 million has flooded into the sector. This marks the second consecutive week of favorable investment trends, with an almost quadruple surge compared to the previous week’s $21 million. Notably, this influx represents the largest weekly investment since July of this year, a point highlighted by James Butterfill, the author of the report. Within this surge, Bitcoin emerged as the primary beneficiary, attracting $43 million in investments over the past week. However, it’s worth noting that some investors viewed the recent price strength of Bitcoin as an opportunity to increase their short positions, resulting in null.2 million in inflows for this category during the same period. https://coinmarketcap.com/community/articles/6524ef6377cc4e73bf8a86d5/
According to NYDIG, Bitcoin fell 11% in the third quarter and was one of the worst-performing assets; however, Bitcoin risen 63% since 2023 and is still the best-performing asset in 2023. Historical data shows that the third quarter has consistently proven to be Bitcoin’s weakest period, while the fourth quarter has been one of the best quarters in Bitcoin history. http://t.co/CVFlb2xzDK
Binance Resumes Registration for Belgian Users After 2 Months Suspension; Binance, the major cryptocurrency exchange, has announced the resumption of user registration and access in Belgium. This comes after the Financial Services and Markets Authority (FSMA) ordered the suspension of Binance's services in June. The FSMA stated that Binance was providing exchange and custody wallet services in Belgium from non-European Economic Area countries, which violated regulatory prohibitions. https://coinmarketcap.com/community/articles/65126d5cd9a83402ca8b5c2e/
Today is a great day for me.
Minted this free collectible in celebration of @orbapp.lens funding! The era of everyday web3 social starts here! LFG!🙌
gm frens Using wallet addresses while sending/receiving crypto is a hassle.ENS domains offer a solution, but they are expensive especially if you have multiple wallets That is why we have launched http://obv.id, a new identity for your smart contract wallets. Here’s how you can claim yours : https://viruqo.obv.id
The United States Securities and Exchange Commission (SEC) has filed charges against a resident of Hawaii for engaging in market manipulation, fraud, and false promises of transforming an equity fund into crypto. Jeremy Koski allegedly fudged documents on the internet to falsely convey that a public security fund would turn into digital currency.
Robinhood Acquires Over 55 Million Shares From Former FTX CEO SBF in $606 Million Deal The acquisition had been anticipated, as Robinhood's board of directors had approved the deal in the company's Q4 2022 report. Robinhood, the cryptocurrency and stock trading platform, has made a significant move by acquiring over 55 million shares that were formerly owned by Sam Bankman-Fried, known as SBF, the ex-CEO of FTX. In a recent blog post on August 31, Robinhood disclosed that it successfully completed the purchase of 55,273,469 shares for an estimated cost of $606 million, following an official filing with the U.S. Securities and Exchange Commission (SEC). These shares were originally held by Bankman-Fried and Gary Wang through their company Emergent Fidelity Technologies, but were confiscated by the U.S. Department of Justice in January. The acquisition had been anticipated, as Robinhood’s board of directors had approved the deal in the company’s Q4 2022 report. An SEC filing on August 30 confirmed that the U.S. District Court for the Southern District of New York had granted approval for the purchase, liberating the shares from any claims, liens, or encumbrances. The transaction was facilitated through an agreement with the U.S. Marshals Service. Jason Warnick, the Chief Financial Officer of Robinhood, expressed satisfaction with the successful completion of the share acquisition. He voiced the company’s eagerness to continue realizing growth plans for the benefit of both its customers and shareholders. https://www.cryptointelligence.co.uk/robinhood-acquires-over-55-million-shares-from-former-ftx-ceo-sbf-in-606-million-deal/
Time to go
Making Newest and Undervalued NFTs Valuable Using NFT Sniping Purchasing an NFT at lower prices and selling the same at higher prices in the near future was challenging in the crypto landscape. The NFT sniping concept made the process a bit more efficient and attracted many NFT investors. The process adds to the NFT investors purchasing the newly listed or undervalued NFTs at lower prices than the actual amount and selling the same at higher rates when the actual prices are known to the general public. What are NFT Sniping Bots? After understanding the main functioning of the NFT sniping process, the main question that arises is how the concept actually works. The main intention behind the concept introduction is to capitalize on market shortages and safeguard potentially valuable NFTs at lower prices. Also, the overall functioning of the concept relies on sniper bots. NFT Sniping bots are automated bots or instruments used for the snipping of NFTs. The instrument simply monitors time-based processes and input information at the end and removes the chances for other investors to respond to the action. Following the procedure helps investors in purchasing the undervalued or newly listed NFTs at lower prices or even below the floor prices. Trait Sniper, NFT Pirates, and Solset are some of the most common, efficient, and widely used NFT sniping bots in the market. Solset is Solana’s user-friendly sniping tool whereas Trait Sniper focuses on sniping NFTs that are being sold at a discount price. NFT Pirates on the other hand allows buying of NFTs that are priced below a specific threshold and is effective for those just getting started. The features make the instrument valuable and efficient to use for NFT sniping. Auto selling snips, monitoring of the activities, support to multiple digital wallets, verification of the NFT project’s floor price and indication of the floor price alerts make NFT Sniping bots an essential part of the NFT Sniping process. How Does the NFT Sniping Bot Work? The NFT sniping Bot is effective to use in the NFT landscape and performs well when used for OpenSea collection auctions. Also, individuals can use the instrument on any blockchain and any digital asset. The overall functioning of the instrument is automated and individuals just need to set up a web account with an online service. Location and setting up the sniper bot on the system is the next step and mainly depends on the type of sniper bot considered. Some use websites on a subscription basis whereas some require downloading the software or online purchasing. The next thing to focus on is to enter details about favorite auctions, bid amount, and time to launch the bid. From here, the actual working of the NFT sniping bot begins by automatically outbidding the NFTs and purchasing the same for a lesser price. Conclusion NFT sniping is a simple action of purchasing the undervalued or newly listed NFTs at lower prices than the actual value and selling the same at higher prices. Sniper bots are used for carrying out the overall process in a more systematic and automated manner. https://coinmarketcap.com/community/articles/64dc20b94c3d5f175f95608f/
Base project RocketSwap shares emergency plan following $865K exploit RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14. Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14. https://cointelegraph.com/news/base-dex-rocketswap-announces-emergency-plan-after-exploit
TheNewsCrypto Joins as a Media Partner for Web3Conf India Web3Conf is India’s first Chain-Agnostic conference, organized by the GirlScript Foundation. The Web3Conf is a four-day program that will occur from August 11 to 14, 2023. The conference will take place in G @ oa, India, and the venue will be the Novotel Goa Dona Silvia Resort. TheNewsCrypto, the Dubai-based online news publication, becomes the official media partner of Web3Conf India 2023. The media platform has partnered with the upcoming Web3 conference event. https://coinmarketcap.com/community/articles/64c4a62adb6cfb5c29127560/
Latest Status in Ethereum (ETH) and Cryptocurrency! Whale Activity Sparks Market Movements! Ethereum (ETH) The Ethereum network has reached a new all-time high in terms of the value of stake, which is crucial for security. More stakers make the network more secure. The Ethereum network is currently secured with a staggering value of $52.3 billion, which is the highest value it has reached so far. As the value of ETH used to secure the network increases, it becomes increasingly difficult for any potential attacker to gain control over the network. Currently, the staking rate, which represents the percentage of locked ETH to secure the network, is at 17.78%. https://en.coin-turk.com/latest-status-in-ethereum-eth-and-cryptocurrency-whale-activity-sparks-market-movements/
OKB's 3.09% Price Decline to $43.29: All Key Takeaways for July 15, 2023 OKB, the native cryptocurrency of the OKB platform, has experienced a 3.09% price decline in the last 24 hours. The current price of OKB stands at $43.29, with a 24-hour trading volume of $5,201,204.74. Despite the recent decline, the price has seen a slight increase of 0.55% in the past week. Market Capitalization and Trading Volume OKB's market capitalization is currently valued at $2,598,407,868, placing it at rank #29 on CoinGecko. This market cap is calculated by multiplying the current price with the circulating supply of 60 million OKB tokens. The 24-hour trading volume of OKB is $5,201,337, which represents a 19.00% decrease from one day ago, indicating a recent fall in market activity. Trading Platforms OKB tokens can be traded on centralized crypto exchanges. The most active trading pair is OKB/USDT on BingX, which has a trading volume of $77,021.62 in the last 24 hours. Other popular platforms for trading OKB include OKX and MEXC. Price Performance The all-time high for OKB was recorded at $58.66 on February 18, 2023, which is 26.17% higher than the current price. The all-time low for OKB was $0.580608 on January 14, 2019. The current price is a staggering 7,359.29% higher than the all-time low. Market Sentiment and Prediction The market sentiment for OKB is currently bearish, with more than 100% of users feeling negative about OKB today. Based on the current market trends and the recent decline in price, it can be predicted that OKB may continue to experience volatility in the short term. However, with the overall growth of the cryptocurrency market, there is potential for recovery in the long term. [OKB's 3.09% Price Decline to $43.29: All Key Takeaways for July 15, 2023](https://btcpeers.com/okbs-3-09-price-decline-to-43-29-all-key-takeaways-for-july-15-2023/) OKB, the native cryptocurrency of the OKB platform, has experienced a 3.09% price decline in the last 24 hours. The current price of OKB stands at $43.29, with a 24-hour trading volume of $5,201,204.74. Despite the recent decline, the price has seen a slight increase of 0.55% in the past week.
Tether Announces Expansion of Euro EURT, XAUT on ‘World’s First Social Infused Exchange’ The stablecoin issuer announced the listing of Euro Tether (EUR₮) and Tether Gold (XAU₮) on XT.COM, which is being touted as the “world’s first social-infused exchange.” The latest move will enable users on the platform to access XAU₮ – which represents ownership of physical gold – as well as the ability to transact with EUR₮ – a stablecoin pegged 1:1 to the euro. The expansion news comes amidst increasing scrutiny in the stablecoin sector. The addition of EUR₮ and XAU₮ will also allow users on XT.COM to gain access to two stablecoins developed by Tether, the company said in a statement. Tether CTO Paolo Ardoino weighed on the upcoming listings and stated, “As the company behind the leading stablecoin in the market today, recognized for its exceptional liquidity, expanding market share, and widespread acceptance, this further emphasizes our steadfast commitment to unlocking financial liberation and fostering economic inclusivity for communities worldwide.” [Tether Announces Expansion of Euro EURT, XAUT on 'World's First Social Infused Exchange'](https://cryptopotato.com/tether-announces-expansion-of-euro-eurt-xaut-on-worlds-first-social-infused-exchange/) Euro Tether (EUR₮) and Tether Gold (XAU₮) have scored new listing.
Here’s what happened in crypto today Need to know what happened in crypto today? Vitalik Buterin praises Bitcoin Ordinals for reviving 'builder culture' Ethereum co-founder Vitalik Buterin has given props to the advent of Bitcoin Ordinals for bringing back the “organic return of builder culture” to the Bitcoin ecosystem during a Twitter Space on July 7. Buterin praised Ordinals and the BRC-20 token standard which he sees as a rejection of “stagnant” politics in the Bitcoin ecosystem. “Ordinals are starting to bring back a culture of actually doing things. It feels like there's real pushback to the laser-eye movement, which is good." [Here’s what happened in crypto today](https://cointelegraph.com/news/what-happened-in-crypto-today) A lot happened in crypto today! Cointelegraph explores the latest events impacting Bitcoin price, altcoins, DeFi, Web3, NFTs and more.
Attacker pockets $10 million from Poly Network security attack: Beosin An unknown attacker managed to swap out over $10 million worth of ether in gains following a security attack on Poly Network this Sunday, according to latest data aggregated by security firm Beosin. Poly Network is a cross-chain bridge that facilitates asset transfers across different blockchains. The incident allowed the perpetrator to mint varying amounts of 57 tokens across blockchains, the Poly Network team noted. These included Ethereum, BNB Chain, Metis and Polygon. Following the exploit, the attacker’s crypto wallet displayed an on-paper value exceeding $34 billion, Beosin noted. However, this value did not translate into actual gains for the attacker due to a pronounced lack of liquidity in the affected chains. [Attacker pockets $10 million from Poly Network security attack: Beosin | Headlines | News | CoinMarketCap](https://coinmarketcap.com/headlines/news/attacker-pockets-10-million-from-poly-network-security-attack-beosin/) An unknown attacker managed to swap out over $10 million worth of ether in gains following a security attack on Poly Network this Sunday, according …
Breaking: Ripple Gets Major Payments Institution License in Singapore, XRP Price To null Ripple gets in-principle approval of the Major Payments Institution License application in Singapore. The leader in enterprise blockchain and crypto solutions will offer regulated digital payment token products and services in the city-state, further scaling the use of its crypto-enabled On-Demand Liquidity (ODL) service. XRP price climbs 3% in response to the announcement. Ripple Gains Payments License in Singapore Ripple on June 22 announced that its subsidiary Ripple Markets APAC Pte Ltd has received in-principle approval of the Major Payments Institution license from Singapore’s central bank Monetary Authority of Singapore (MAS). The firm also took to Twitter to announce that it has deepened its root in the Asia-Pacific region. [Breaking: Ripple Gets Major Payments Institution License in Singapore, XRP Price To null | Headlines | News | CoinMarketCap](https://coinmarketcap.com/headlines/news/ripple-gets-major-payments-institution-license-in-singapore-xrp-price/) Ripple gets in-principle approval of the Major Payments Institution License application in Singapore. The leader in enterprise blockchain and crypto …
New York Attorney General Recovers null.7 Million from CoinEx for Operating Illegally New York Attorney General Letitia James has successfully recovered over null.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating without the necessary registration as a securities and commodities broker-dealer and falsely representing itself as a crypto exchange. The resolution of the lawsuit requires CoinEx to refund more than null.1 million to New York investors and pay over $600,000 in penalties to the state. As part of the consent order, CoinEx is now banned from offering securities and commodities transactions in New York and prohibited from providing its platform in the state. In response to the lawsuit, CoinEx has publicly announced its withdrawal from the United States. Attorney General James has been actively working to enhance oversight and regulation of cryptocurrency companies to safeguard New York investors, resulting in over $500 million recovered from the cryptocurrency industry. [New York Attorney General Recovers null.7 Million from CoinEx for Operating Illegally](https://blockchain.news/news/New-York-Attorney-General-Recovers-17-Million-from-CoinEx-for-Operating-Illegally-cf4606c3-2e06-457b-9d2f-050ac65311b2) New York Attorney General Letitia James has successfully recovered over null.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating w
Best Twitter threads of the day – June 13th SEC Hinman email release summary 1/25 SEC Hinman email release summary: -Not a big impact to the $XRP case. -Decently positive for $ETH. -Nuance puts Gensler in a corner. Let's recap the Hinman speech and I'll explain why this is damning for Gensler's position! pic.twitter.com/Ca4ljiJYZr — Adam Cochran (adamscochran.eth) (@adamscochran) June 13, 2023 3/25 Hinman's guidance in his speech certainly went beyond the scope of Howey by attempting to understand the nuanced intent of users vs investors – as well as trying to ask the question of 'morphing' this concept of can something be a security and then later not a security. — Adam Cochran (adamscochran.eth) (@adamscochran) June 13, 2023 [Best Twitter threads of the day – June 13th – Cryptopolitan](https://www.cryptopolitan.com/best-twitter-threads-of-the-day-june-13th/) SEC Hinman email release summary More than $350M has been liquidated due to the dump in Altcoins
196 Million $BLUR tokens, 6.5% of Total Supply to be Unlocked on 15 June; The first cliff unlock of $BLUR token for investors and core contributors will happen on June 15th. There will be 196 million $BLUR token unlock, in which 115.7 million belongs to core contributors and 75 million belongs to investors, the total value is over $58.8 million at today's price.
Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by notable figures within the party. In a series of tweets, Winklevoss asserted that Democrats are alienating Millennials and Generation Z—groups which, he says, have wholly embraced the emerging asset class. "Winning the youth vote w/ 'get out the vote' is a key part of the Democratic playbook," he tweeted. "Dems believe the youth vote will carry the day." [Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss](https://blockchain.news/news/Democrats-may-lose-youth-votes-over-anticrypto-sentiments-warns-Winklevoss-6c466227-7f33-4343-b002-b0b47a95b9c8) Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by no
Private ID verification wins Binance Web3 reality show; Startups competed in a metaverse-based Web3 reality show called Build The Block to win an investment from Binance Labs. Crypto exchange Binance has announced the winner of its metaverse-based Web3 reality show, “Build the Block.” As a part of the show, startups competed against each other to win an investment from Binance Labs. In an announcement sent to Cointelegraph, Binance said that zkPass, a decentralized identity verification solution that preserves privacy, won the contest after receiving the most votes. The startup relies on multiparty computation and zero-knowledge-proof technology. [Private ID verification wins Binance Web3 reality show](https://cointelegraph.com/news/private-id-verification-wins-binance-web3-reality-show) Binance’s chief business officer, Yibo Ling, highlighted the firm’s aim to establish sustainable ecosystems with scalability through zero-knowledge-proof techniques.
OpenAI CTO's Twitter account hacked, shilling 'scam' airdrop, community warns Crypto Twitter has warned others not to click on the latest link posted on OpenAI CTO Mura Murati's Twitter account, which promises a free airdrop. Crypto Twitter has been flooded with warnings from users, after the Twitter account of Mita Murati, the chief technology officer of artificial intelligence firm OpenAI, was seemingly hacked — promoting a "scam" cryptocurrency airdrop. On June 2, Murati's account tweeted what appears to be a phishing link promising an airdrop of a purported ERC-20 token OPENAI named after the firm that created ChatGPT. Murati has 126,200 followers on Twitter and has a verified account on the platform. The post has been viewed 79,600 times and has been retweeted 83 times at the time of writing. [OpenAI CTO's Twitter account hacked, shilling 'scam' airdrop, community warns](https://cointelegraph.com/news/open-ai-cto-twitter-hacked-promoting-scam-airdrop) Open AI's chief technology officer Mira Murati has had her Twitter account seemingly hacked, which is now promoting a cryptocurrency airdrop called $OPENAI.
Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why. In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have been actively accumulating millions of tokens over a short period, particularly in the last three weeks. This surge in whale activity has sparked intrigue and speculation among crypto enthusiasts, suggesting a strong bullish sentiment toward Ripple’s remittance token. https://coinmarketcap.com/headlines/news/whales-flock-to-xrp-accumulating-52-million-tokens/
Biden reaches 'tentative' US debt ceiling deal: Report United States President Joe Biden has urged both the United States House and Senate to "pass the agreement right away."
Bitcoin: Why a bear trap will boost the king coin. With the exchange netflow going negative, BTC could be looking at technical indicators support to go parabolic. Will it? In the last seven days, the value of Bitcoin [BTC] decreased by 7.14% while consolidating around the $26,700 region. However, the days of respite could be near, based on a tweet put out by Gert van Lagen. [Bitcoin: Why a bear trap will boost the king coin](https://ambcrypto.com/bitcoin-why-a-bear-trap-will-boost-the-king-coin/) With the exchange netflow going negative, BTC could be looking at technical indicators support to go parabolic. Will it?
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Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes; BTC price action destabilizes as markets watch Fed Chair Jerome Powell’s language for hints of policy change.
Shiba Inu (SHIB) Announced the Launch of SHIB Themed Crypto Wallet; Shiba Inu (SHIB) partners with Tangem, a crypto hardware wallet company, to launch SHIB-themed crypto wallets. On May 18, the SHIB team confirmed the collaboration with a tweet. Moreover, pre-orders for the SHIB-themed crypto wallet begin on May 29. The announcement of a new SHIB-themed crypto wallet brings excitement to the SHIB community. According to the report, there are no charges for using the wallet and personal data input is also not required. The SHIB-themed wallets support the Shiba Inu token and its ecosystem tokens such as LEASH and BONE. Tangem mentioned that the wallet was designed with Shiba Inu Swap’s assistance. The SHIB-themed wallet is designed similarly to a regular credit card. It can also be operated using a smartphone. Moreover, it offers a smart backup feature that safeguards holders from losing access to their wallets. At the time of writing, the trading price of Shiba Inu is around $0.000008638, with a decline of 1.90% in the last 24 hours. The trading volume of the SHIB also witnessed a decline of over 7.86%, according to CoinMarketCap. [Guest Post by TheNewsCrypto: Shiba Inu (SHIB) Announced the Launch of SHIB Themed Crypto Wallet | CoinMarketCap](https://coinmarketcap.com/community/articles/6466f8467459d877fe161ac9/) Shiba Inu (SHIB), the popular memecoin, partners with Tangem to launch special SHIB-themed crypto wallets.
LTC holders could be over the moon thanks to this halving outcome Litecoin [LTC] was showing some exciting signs of growth, especially in its price action which bounced off a major support. All the more reason to keep a close eye on its performance, as well as what is happening on-chain. The upcoming Litecoin halving scheduled to take place in August is expected to be the biggest event coming to the network. As such, the excitement around this event has been building. But just how much of an impact will this event have on LTC’s price action? Perhaps past halvings might give us an idea of what to expect. [LTC holders could be over the moon thanks to this halving outcome](https://ambcrypto.com/ltc-holders-could-be-over-the-moon-thanks-to-this-halving-outcome/) Based on BlockchainSanta’s analysis, Litecoin might be due for a potential 200% upside might in the days leading up to the halving. This expectation is based on LTC’s historic performance during previous halvings.
How Can Utility NFTs Effectively Drive Mainstream Web3 Adoption? Web3 is the next iteration of the internet, built on decentralized systems and blockchain technology. It promises a transparent, secure, and democratic internet where users have more control over their data and online experiences. However, for Web3 to achieve mainstream adoption, it must provide real-world applications and tangible benefits for users beyond just theoretical benefits. This is where utility NFTs come in; they offer a new way to add value and functionality to Web3 ecosystems. By driving increased engagement and adoption, utility NFTs are helping Web3 achieve its promise of a more transparent, secure, and democratic Internet. [How Can Utility NFTs Effectively Drive Mainstream Web3 Adoption? – Cryptopolitan](https://www.cryptopolitan.com/how-can-utility-nfts-drive-web3-adoption/) Web3 is the next iteration of the internet, built on decentralized systems and blockchain technology. It promises a transparent, secure, and democratic internet where users have more control over their data and online experiences. However, for Web3 to achieve mainstream adoption, it must provide real-world applications and tangible benefits for users beyond just theoretical benefits. ... <a title="How Can Utility NFTs Effectively Drive Mainstream Web3 Adoption?" class="read-more" href="https://www.cryptopolitan.com/how-can-utility-nfts-drive-web3-adoption/" aria-label="More on How Can Utility NFTs Effectively Drive Mainstream Web3 Adoption?">Read more</a>
DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop The United States Department of Justice (DOJ) plans to direct crackdowns against rogue crypto trading platforms and such investment scams, a top official said. Recently, an FBI report revealed that American citizens lost $2.5 billion to crypto scams in 2022. [Guest Post by CryptoPotato_News: DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop | CoinMarketCap](https://coinmarketcap.com/community/articles/64630933c41117744a93d9d7/) It will increase enforcement in Defi and bridge chain exploitations, a 'significant issue' due to state-sponsored actors perpetrating these crimes.
US Debt Default Would Be Catastrophic, Could Cost American Dollar Reserve Currency Status: Congressman Jim Himes; The looming debt ceiling crisis could undermine the status of the US dollar as the world’s reserve currency, according to House Democrat Jim Himes. In a recent CNN interview, Congressman Himes says the US has never been on the verge of defaulting on its debt before. [US Debt Default Would Be Catastrophic, Could Cost American Dollar Reserve Currency Status: Congressman Jim Himes - The Daily Hodl](https://dailyhodl.com/2023/05/14/us-debt-default-would-be-catastrophic-could-cost-american-dollar-reserve-currency-status-congressman-jim-himes/) The looming debt ceiling crisis could undermine the status of the US dollar as the world's reserve currency, according to House Democrat Jim Himes.