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Protos Live

News and insights from across the web, curated for you by the Protos newsroom.

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01
CertiK says it found Kraken’s bug and is transferring the funds back to the exchange - The Block https://www.theblock.co/post/300904/certik-kraken-bug?utm_source=rss&utm_medium=rss
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🔵 US busts alleged crypto money launderers for Sinaloa Cartel - Protos https://protos.com/us-busts-alleged-crypto-money-launderers-for-sinaloa-cartel/
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Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads - Reuters https://www.reuters.com/technology/meta-must-face-australian-billionaire-forrests-us-lawsuit-over-scam-facebook-2024-06-18/
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What Happened to Putting Dogwifhat on the Las Vegas Sphere? - Decrypt https://decrypt.co/236105/dogwifhat-solana-las-vegas-sphere-what-happened
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Crypto community backs Tornado Cash devs with $2.3M legal fund - Cointelegraph https://cointelegraph.com/news/crypto-tornado-cash-legal-fund
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🔵 FTX chasing $5M spent on ‘right-wing’ conference venue - Protos https://protos.com/ftx-chasing-5m-spent-on-right-wing-conference-venue/
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German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges - CoinDesk https://www.coindesk.com/markets/2024/06/19/german-government-agency-moves-425m-bitcoin-some-to-crypto-exchanges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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France Warned by E.U. About ‘Excessive’ Deficit - New York Times https://www.nytimes.com/2024/06/19/business/france-budget-deficit-macron.html
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Nigerian court dismisses escaped Binance exec’s human rights suit - DL News https://www.dlnews.com/articles/regulation/nigerian-court-dismisses-binance-exec-human-rights-lawsuit/
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Kraken Bug Bounty program patches isolated bug - Kraken https://blog.kraken.com/product/security/kraken-bug-bounty-program-patches-isolated-bug
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🔵 Hacker demands 30 bitcoins for student data stolen in Snowflake attack - Protos https://protos.com/hacker-demands-30-bitcoins-for-student-data-stolen-in-snowflake-attack/
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Crypto hedge fund Pantera to pour $200m into AI: ‘Everyone will be using AI’ - DL News https://www.dlnews.com/articles/fintech/pantera-capital-to-invest-over-200m-into-ai-crypto-projects/
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🔵 Did Martin Shkreli violate his parole by launching DJT coin with Baron Trump? - Protos https://protos.com/did-martin-shkreli-violate-his-parole-by-launching-djt-coin-with-baron-trump/
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Nvidia, with $3.34 Trillion Market Cap, Becomes Most Valuable Company - New York Times https://www.nytimes.com/2024/06/18/technology/nvidia-most-valuable-company.html
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Ethereum NFTs Crater as Blur Incentives Wind Down - The Defiant https://thedefiant.io/news/nfts-and-web3/ethereum-nfts-crater-as-blur-incentives-wind-down
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SEC concerns over USDC may complicate Circle’s IPO plans – Barron’s - CryptoSlate https://cryptoslate.com/sec-concerns-over-usdc-may-complicate-circles-ipo-plans-barrons/
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The dark side of tokenisation - Financial Times https://www.ft.com/content/4c3ebc9f-d447-466a-8816-d4a166143029
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How the U.K.’s Economy Became So Stagnant - New York Times https://www.nytimes.com/2024/06/19/business/britain-economy-inflation.html
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Montenegrin PM among early investors in Do Kwon’s Terra (LUNA): Report - Cointelegraph https://cointelegraph.com/news/montenegro-prime-minister-early-investor-do-kown-terra-report
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SEC Ends Probe Into Consensus, Won't Sue Over Ethereum - CoinDesk https://www.coindesk.com/policy/2024/06/19/sec-ends-probe-into-consensus-wont-sue-over-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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🔵 Former Thodex CEO Faruk Özer starts 11,196-year prison sentence - Protos https://protos.com/former-thodex-ceo-faruk-ozer-starts-11196-year-prison-sentence/
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🔵 Opinion: Pirate Wires’ Trump token reporting was irresponsible and lazy - Protos https://protos.com/opinion-pirate-wires-trump-token-reporting-was-irresponsible-and-lazy/
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Bored Apes now cost less than they did before NFT mania began three years ago - DL News https://www.dlnews.com/articles/web3/bored-ape-yacht-club-nft-floor-is-less-than-10-eth/
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🔵 Virginia man ‘trusted crypto scammer more than his own family’ before suicide - Protos https://protos.com/virginia-man-trusted-crypto-scammer-more-than-his-own-family-before-suicide/
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Ethereum restaking protocol Renzo raises $17 million - The Block https://www.theblock.co/post/300647/ethereum-restaking-protocol-renzo-raises-17-million?utm_source=rss&utm_medium=rss
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🔵 Japanese housewives might be among the best traders in crypto - Protos https://protos.com/japanese-housewives-might-be-among-the-best-traders-in-crypto/
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Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’ - CNBC https://www.cnbc.com/2024/06/18/sen-elizabeth-warren-powell-basel-iii-endgame.html
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Polymarket gambler face charges after Taiwan election bet - Cointelegraph https://cointelegraph.com/news/taiwan-crypto-betting-2024-election
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Major UK Political Parties Have ‘Missed Opportunity’ on Crypto, Experts Say - Decrypt https://decrypt.co/235914/major-uk-political-parties-have-missed-opportunity-on-crypto-experts-say
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Bitcoin dominance exceeds 56% as ETH/BTC ratio heads lower - CryptoSlate https://cryptoslate.com/insights/bitcoin-dominance-exceeds-56-as-eth-btc-ratio-heads-lower/
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Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021 - CoinDesk https://www.coindesk.com/markets/2024/06/18/dogecoin-bulls-see-60m-liquidations-in-biggest-hit-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets - CoinDesk https://www.coindesk.com/policy/2024/06/18/ftx-victims-view-bankruptcy-process-as-second-act-of-theft-file-to-recover-8b-in-forfeited-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA - Cointelegraph https://cointelegraph.com/news/uphold-delist-6-stablecoins-by-july-1-citing-mi-ca
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Spot bitcoin ETFs see $145 million exit as outflows persist - The Block https://www.theblock.co/post/300548/spot-bitcoin-etfs-see-145-million-exit-as-outflows-persist?utm_source=rss&utm_medium=rss
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35
Drake Just Lost $500,000 in Bitcoin Betting on the NBA Finals - Decrypt https://decrypt.co/235888/drake-lost-500000-bitcoin-betting-nba-finals
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Demand for stablecoins grows as market prepares for volatility - CryptoSlate https://cryptoslate.com/demand-for-stablecoins-grows-as-market-prepares-for-volatility/
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FTX victims go after company’s assets from criminal forfeiture - Cointelegraph https://cointelegraph.com/news/ftx-assets-criminal-forfeiture-court-filings
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William H. Donaldson, 93, Wall St. Powerbroker Who Led the S.E.C., Dies - New York Times https://www.nytimes.com/2024/06/17/business/dealbook/william-h-donaldson-dead.html
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🔵 Lifeboat Foundation’s donations are a blast from crypto past - Protos https://protos.com/lifeboat-foundations-donations-are-a-blast-from-crypto-past/
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40
GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm's strategy - CNBC https://www.cnbc.com/2024/06/17/gme-shares-drop-to-session-lows-after-annual-meeting-fails-to-offer-details-on-firms-strategy.html
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CertiK says it found Kraken’s bug and is transferring the funds back to the exchange - The Block https://www.theblock.co/post/300904/certik-kraken-bug?utm_source=rss&utm_medium=rss
إظهار الكل...
CertiK says it found Kraken's bug and is transferring the funds back to the exchange

Kraken earlier disclosed that nearly $3 million worth of funds had been withdrawn due to the bug, without revealing the firm involved.

🔵 US busts alleged crypto money launderers for Sinaloa Cartel - Protos https://protos.com/us-busts-alleged-crypto-money-launderers-for-sinaloa-cartel/
إظهار الكل...

Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads - Reuters https://www.reuters.com/technology/meta-must-face-australian-billionaire-forrests-us-lawsuit-over-scam-facebook-2024-06-18/
إظهار الكل...
Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads

A U.S. judge rejected Meta Platforms' bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him promoting fake cryptocurrency and other fraudulent investments.

What Happened to Putting Dogwifhat on the Las Vegas Sphere? - Decrypt https://decrypt.co/236105/dogwifhat-solana-las-vegas-sphere-what-happened
إظهار الكل...
What Happened to Putting Dogwifhat on the Las Vegas Sphere? - Decrypt

Three months after raising $700,000, Dogwifhat (WIF) fundraiser organizers claim they are still working on the ambitious marketing stunt.

Crypto community backs Tornado Cash devs with $2.3M legal fund - Cointelegraph https://cointelegraph.com/news/crypto-tornado-cash-legal-fund
إظهار الكل...
Crypto community backs Tornado Cash devs with $2.3M legal fund

JusticeDAO has raised over 654 Ether, worth $2.3 million through a fundraiser called “Free Alexey & Roman” on the decentralized platform Juicebox.

🔵 FTX chasing $5M spent on ‘right-wing’ conference venue - Protos https://protos.com/ftx-chasing-5m-spent-on-right-wing-conference-venue/
إظهار الكل...
FTX chasing $5M spent on ‘right-wing’ conference venue

FTX wants $5 million back from a former hotel that hosts conferences with links to effective altruists and eugenicists.

إظهار الكل...
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges

Arkham previously identified the address as belonging to the German Federal Criminal Police Office (BKA), which had seized almost 50,000 BTC from a piracy site.

France Warned by E.U. About ‘Excessive’ Deficit - New York Times https://www.nytimes.com/2024/06/19/business/france-budget-deficit-macron.html
إظهار الكل...
E.U. Warns France Over ‘Excessive’ Deficit, Adding to Political Risks

The rebuke for breaking European Union rules that require strict financial discipline comes two weeks before French voters head to the polls for parliamentary elections.

Nigerian court dismisses escaped Binance exec’s human rights suit - DL News https://www.dlnews.com/articles/regulation/nigerian-court-dismisses-binance-exec-human-rights-lawsuit/
إظهار الكل...
Nigerian court dismisses escaped Binance exec’s human rights suit

A Nigerian judge dismissed a human rights abuse application filed by fleeing Binance executive Nadeem Anjarwalla.

إظهار الكل...
Kraken Bug Bounty program patches isolated bug

As part of our ongoing commitment to enhance the overall security of the crypto ecosystem, we’re informing the crypto community that we have patched an isolated bug in our deposit and funding systems. No client assets were impacted or vulnerable leading up to this disclosure. Kraken has fixed the bug.  The bug was initially discovered […]