Tokenize

👉 #FTX says most customers will get all their money back 👉 The #crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt. @tokenize 🤑 | @cryptonerds 🤑

🦵🦵🦵🦵 SEC challenges #Ripple's claims of no reckless behavior and widespread uncertainty regarding XRP's💰 legal status in final response to case. @tokenize 🤑 | @cryptonerds 🤑

👉 The #Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation. 👉 The new Seed Grants Programme will support at least 200 promising teams with $25,000 in USD Coin to give the “final push” to help projects launch on Starknet. @tokenize 🤑 | @cryptonerds 🤑

👉 Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a #crypto buyer in a “bogus” #USDT deal. @tokenize 🤑 | @cryptonerds 🤑

👉 The world’s largest cryptocurrency asset manager #Grayscale Investments withdrew its application for an #Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (#SEC) was set to rule on several spot ETH ETFs. @tokenize 🤑 | @cryptonerds 🤑

👉 New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance. ❓ Mixers, also known as tumblers, are services that increase the privacy of cryptocurrency transactions. They work by pooling together coins from multiple users and then redistributing them, making it difficult to trace the original source of the funds. @tokenize 🪙 | @cryptonerds 🪙

🇦🇺 Australia’s tax office will force cryptocurrency exchanges to provide personal and transaction details of 1.2 million traders. ‼️ 👉 The regulator is attempting to crack down on people trying to avoid paying their tax liabilities. @tokenize 🤑 | @cryptonerds 🤑

👉 #Poloniex Hacker Sends $3.3M Worth of #Ether to Tornado Cash 👉 A hacker that stole $125 million from Poloniex's hot wallets in November has sent 1,100 ether (ETH) to sanctioned coin mixer #Tornado Cash, according to blockchain data. @tokenize 🤑 | @cryptonerds 🤑

🤑🤑Revolut launches #crypto exchange for experienced traders in #UK 👉 British fintech company Revolut has started what appears to be a phased introduction of its crypto exchange, Revolut X, as part of its intensified focus on #cryptocurrency initiatives. @tokenize 🪙 | @cryptonerds 🪙

🏦 Coinbase is experiencing a Lightning Network outage but the issue appears to be identified and is being worked on. @tokenize 🤑 | @cryptonerds 🤑

👉 #Robinhood Gains 2%, Erasing Early Losses Following #SEC Wells Notice 👉 Robinhood ended support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27 – the three tokens that were named as securities in the SEC lawsuits brought against Binance and Coinbase. @tokenize 🤑 | @cryptonerds 🤑

👉 #MetaMask, the most popular #crypto wallet for #Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV. 👉 The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. 👉 According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees. @tokenize 🤑 | @cryptonerds 🤑

🦵🦵🦵🦵 40,000 Ethereum 💰 (approx $128,063,721 USD) was sent from #Arbitrum to #Kraken Cryoto Exchange. @tokenize 🤑 | @cryptonerds 🤑

📢📢📢📢📢 #Robinhood crypto business slapped with SEC Wells Notice. The SEC is planning to file an "enforcement action" against Robinhood's cryptocurrency business, according to the Wells Notice. @tokenize 🤑 | @cryptonerds 🤑

👉 #Crypto venture capital funding has topped $1 billion for the second consecutive month this year. 👉 April’s $1.02 billion in funding came across 161 #investment rounds in April, marking a minor fall from the $1.09 billion recorded from 186 rounds in March, according to RootData. @tokenize 🤑 | @cryptonerds 🤑

🤑#Bitcoin mining revenue hits post-halving yearly low 👉 Daily revenue from Bitcoin #mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024. @tokenize 🤑 | @cryptonerds 🤑

👉Warren Buffett on paying taxes:

"If we send a check like we did last year... and if 800 other companies had done the same thing, no other person in the United States would have had to pay a dime in federal taxes."

@tokenize 🤑 | @cryptonerds 🤑

👉 A dormant #Bitcoin address dating back to the Satoshi era has woken up after 10 years. The Bitcoin wallet containing 687 BTC ($43.9 million) transferred its holdings to two different wallets on May 6. @tokenize 🤑 | @cryptonerds 🤑