Crypto Founder

Uniswap Labs urged the SEC to drop the potential lawsuit🦄 In a response to a Wells notice from the SEC received in April, Uniswap Labs called the agency's legal arguments weak and said it was prepared for a legal confrontation. 📑The type of letter referred to, the Wells notice, is used by the Commission to notify people and companies of legal violations discovered in an investigation that are the basis for a planned civil lawsuit. The recipient has the opportunity to provide information with arguments as to why enforcement action should not be taken against them. The main allegations by the SEC were: 🟠Uniswap protocol is an unregistered securities exchange controlled by Uniswap Labs; 🟠the platform interface is an unregistered broker-dealer; 🟠UNI token is an investment contract. 📍Uniswap Labs emphasized that it is "ready to fight," and its lawyers have a track record of successfully standing up to the regulator. Andrew Ceresney, former head of the SEC's enforcement division, helped Ripple win a victory against the agency. Former U.S. Solicitor General Don Verilli represented Grayscale in a successful case against the Commission. #news CryptoFounder | Subscribe

Binance helped arrest a suspect in the ZKasino scam🔸 Binance's crime investigation team has been instrumental in the arrest of a suspect involved in the ZKasino blockchain casino scam. Cointelegraph provides the details. 🔹In April, ZKasino developers sent 10,515 ETH worth $33.9 million to the Lido staking protocol and changed the wording on the site, removing the ETH refund claim. The coins were deposited by early participants to farm the ZKAS native token. 📍On April 29, the Dutch Fiscal Information and Investigation Service detained a 26-year-old suspect. Assets worth over €11.4 million ($12.2 million), including real estate, a car and cryptocurrencies, were arrested.Digital storage media was also seized during a search of his apartment. #news CryptoFounder | Subscribe

Trader lost $68 million due to address spoofing fraud💸 An unidentified user was the victim of an “address poisoning” scam that lost 1,155 “wrapped” bitcoins worth about $68 million, Cyvers Alerts reported. 🛡The potential fraud was detected by the researchers' AI system. According to CoinStats, the trader lost more than 97% of his assets. In “address poisoning,” attackers trick or use technical tricks to force the user to send cryptocurrency to a knowingly incorrect address, which can be similar to the real one in the first and last characters. 📍This type of fraud was first warned about by the MetaMask team. It is impossible to prevent such an attack, so you should be careful when copying addresses from history. #news CryptoFounder | Subscribe

💰 What to expect after the halving? A historic event happened tonight, namely the long-awaited halving of BTC. I suggest to remember the base: After the halving, the rewards for mining BTC decreased by 2 times. This event happens every 4 years. It protects against inflation and usually has a positive effect on the price.

So what should we expect from the market now?

Judging by the past cycles, the price will set a new historical maximum in the next 5-6 months. 🧯 But it is difficult to give a more accurate forecast, as the market cycles are now completely out of time. BTC updated the last ATH even before the halving. Analyzing the chart, we will see that our ancestors made peak profits on the 11th and 18th month after the halving. And in the first 3 months basically nothing significant happened. 📉 By the way, JPMorgan is predicting Bitcoin's decline. According to them, BTC is now in an overbought zone, which suggests a risk of a correction. But for us, the most important thing is that in the long run it always leads to growth. 📍 And this prompts many projects to enter the market and hand out generous retrodrops. The retrodrop boom is still to come! #analytics CryptoFounder | Subscribe

UAE introduces fines for mining on agricultural enterprises🇦🇪 The Abu Dhabi Agriculture and Food Safety Authority (UAE) has warned of the illegality of mining cryptocurrencies on farms, Khaleej Times reported. 💡The authority emphasized that mining can cause a sharp increase in electricity bills. The Authority specified that a fine of up to Dh10,000 (~$2723) is prescribed for the violation. 📍To remind, the Iranian authorities introduced a penalty of imprisonment for repeated violations to combat illegal mining using subsidized electricity. #news CryptoFounder | Subscribe

Uniswap Labs urged the SEC to drop the potential lawsuit🦄 In a response to a Wells notice from the SEC received in April, Uniswap Labs called the agency's legal arguments weak and said it was prepared for a legal confrontation. 📑The type of letter referred to, the Wells notice, is used by the Commission to notify people and companies of legal violations discovered in an investigation that are the basis for a planned civil lawsuit. The recipient has the opportunity to provide information with arguments as to why enforcement action should not be taken against them. The main allegations by the SEC were: 🟠Uniswap protocol is an unregistered securities exchange controlled by Uniswap Labs; 🟠the platform interface is an unregistered broker-dealer; 🟠UNI token is an investment contract. 📍Uniswap Labs emphasized that it is "ready to fight," and its lawyers have a track record of successfully standing up to the regulator. Andrew Ceresney, former head of the SEC's enforcement division, helped Ripple win a victory against the agency. Former U.S. Solicitor General Don Verilli represented Grayscale in a successful case against the Commission. #news CryptoFounder | Subscribe

💎Notcoin opened a claim token Today in the official bot, notcoin became available ways to withdraw coins from the app. A total of 4 ways to withdraw coins are offered, 3 of which can be selected now: 1️⃣ Notcoin steaking inside the telegram app. What amount of reward will be provided in this method is not specified. But most likely, the rewards will be distributed in the same amount as for steaking on the exchange, about 2-4% of the invested funds. 2️⃣Withdrawal to the exchange, listing is planned on OKX, Bybit, Binance. The commission for such a withdrawal through the bot will be about 1.5% of the amount of received coins for activity in the application. 3️⃣ Withdrawal to the Telegram wallet, most likely will be the most unprofitable, as the commission for withdrawal of funds will also be about 1.5% and when trying to withdraw to the exchange, you will also have to pay the commission of the network TON. Perhaps in the near future announced, built-in exchange inside the application Telegram, in this case, the loss of your coins will not be so significant. 📍Right now it is also available to exchange vouchers purchased on the premarket, to the balance in the bot notcoin, immediately after that the price of NFT vouchers fell by about 1 TON = 6.6$ at the current rate. The best way to withdraw funds, according to our team, is to withdraw to any of the exchanges convenient for you. #news CryptoFounder | Subscribe

Binance helped arrest a suspect in the ZKasino scam🔸 Binance's crime investigation team has been instrumental in the arrest of a suspect involved in the ZKasino blockchain casino scam. Cointelegraph provides the details. 🔹In April, ZKasino developers sent 10,515 ETH worth $33.9 million to the Lido staking protocol and changed the wording on the site, removing the ETH refund claim. The coins were deposited by early participants to farm the ZKAS native token. 📍On April 29, the Dutch Fiscal Information and Investigation Service detained a 26-year-old suspect. Assets worth over €11.4 million ($12.2 million), including real estate, a car and cryptocurrencies, were arrested.Digital storage media was also seized during a search of his apartment. #news CryptoFounder | Subscribe

Trader lost $68 million due to address spoofing fraud💸 An unidentified user was the victim of an “address poisoning” scam that lost 1,155 “wrapped” bitcoins worth about $68 million, Cyvers Alerts reported. 🛡The potential fraud was detected by the researchers' AI system. According to CoinStats, the trader lost more than 97% of his assets. In “address poisoning,” attackers trick or use technical tricks to force the user to send cryptocurrency to a knowingly incorrect address, which can be similar to the real one in the first and last characters. 📍This type of fraud was first warned about by the MetaMask team. It is impossible to prevent such an attack, so you should be careful when copying addresses from history. #news CryptoFounder | Subscribe

💰 What to expect after the halving? A historic event happened tonight, namely the long-awaited halving of BTC. I suggest to remember the base: After the halving, the rewards for mining BTC decreased by 2 times. This event happens every 4 years. It protects against inflation and usually has a positive effect on the price.

So what should we expect from the market now?

Judging by the past cycles, the price will set a new historical maximum in the next 5-6 months. 🧯 But it is difficult to give a more accurate forecast, as the market cycles are now completely out of time. BTC updated the last ATH even before the halving. Analyzing the chart, we will see that our ancestors made peak profits on the 11th and 18th month after the halving. And in the first 3 months basically nothing significant happened. 📉 By the way, JPMorgan is predicting Bitcoin's decline. According to them, BTC is now in an overbought zone, which suggests a risk of a correction. But for us, the most important thing is that in the long run it always leads to growth. 📍 And this prompts many projects to enter the market and hand out generous retrodrops. The retrodrop boom is still to come! #analytics CryptoFounder | Subscribe