Web3 News

Daily summary - May 13, 2024: 📉 Activity on the Runes protocol has significantly declined. 💬 Uniswap called Biden's “total war” on cryptocurrencies in the U.S. a miscalculation. 📊 Global Bitcoin ETFs now hold a combined total of 949,756 BTC, accounting for 4.5% of Bitcoin's total supply. 🏦 Bank of Montreal and UBS have started investing in spot Bitcoin ETFs. ⤴️ Market activity surges following Roaring Kitty's comeback, driven by Solana meme coins and a sharp rise in GameStop stock. 🔺 Meme coin KITTY skyrocketed by 6000%. 🚨 Ripple's CEO highlighted indications of a U.S. government attack on Tether. 🚔 Underground bank in China was exposed for illegally withdrawing $295 million through cryptocurrencies. 📈 In just three weeks, over 230 million USDT tokens have been issued on the TON network. 📜 Türkiye is drafting a new cryptocurrency law that aligns with international standards. 🔮 Experts predict a sideways trend for Bitcoin in May, followed by further growth. 🕵️‍♂️ The hacker who stole 150,000 ETH from Parity in 2017 waited seven years before starting to launder and sell the stolen cryptocurrency. 🤖 OpenAI unveiled its new flagship neural network, ChatGPT-4 Omni. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Weekly summary - Week 19, 2024: ⏪ Bitcoin remains steady at around $61,000 ⏪ Mining difficulty has decreased by 6% ⏪ SEC continues its aggressive stance towards the crypto industry ⏪ Eric Balchunas predicts the SEC will reject applications for spot Ethereum ETFs on May 23 ⏪ Bitcoin network activity is declining, nearing levels last seen in 2018-2019 ⏪ Bitcoin Magazine has collaborated with Donald Trump's campaign on a bill to regulate crypto assets 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 10, 2024: 💎 Pantera Capital announced that it had invested a record amount of money in TON 🇰🇷 South Korean supermarket chain launched 30,000 Bitcoin boxes with food and a chance to win BTC 🪙 Deutsche Bank analysts pointed out the risks for stablecoins ⚖️ Former FTX CEO Sam Bankman-Fried sells rice in prison and lost 11 kg 🇮🇳 Binance and KuCoin will resume operations in India after paying fines 👀 The scammer who received 1,155 WBTC ($68M) returned 11,460 ETH ($34.7M) to the victim ⚖️ Joseph Lubin called the SEC attack on Ethereum an attempt to “paralyze” the industry 🔍 An expert discovered a vulnerability in Binance's reserve audit mechanism. ⚡️ NFT marketplace Magic Eden has surpassed Blur in terms of trading volume 📈 Jack Dorsey: Bitcoin will be worth at least $1 million by 2030 📊 AI tokens are growing three times faster than the overall crypto market. ⛔️ BlockFi announced the closure of the platform 🌚 Charles Hoskinskon announced Joe Biden's desire to “kill the crypto industry” 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 9, 2024: 🏛️ Biden administration wants to veto a bill allowing regulated financial companies to hold cryptocurrency. 💸 Ethereum reduced fees but lost its deflationary nature after the update. 🇹🇼 Taiwanese authorities adopted new rules regarding cryptocurrencies. ⚠️ User who lost 1,155 WBTC ($68 million) due to carelessness received 51 ETH ($151,570) from a scammer with an offer to contact him via Telegram. 🔗 Mastercard, together with CITI and JPMorgan, are testing a joint blockchain system for payments. 📉 The total volume of spot and derivatives cryptocurrency markets fell by 43.8% in April to $6.58 trillion. 🇺🇸 Donald Trump said he is ready to change the attitude towards crypto in the USA and opened the acceptance of crypto donations for his election campaign. 📅 Binance, Bybit, and OKX announced the Notcoin listing date. 💬 FTX creditors criticize the exchange's new compensation plan. 🗂️ EU regulator to discuss the inclusion of crypto assets in UCITS funds worth €12 trillion. ⚒️ Bitcoin mining difficulty dropped by almost 6%. 💡 Vitalik Buterin discussed the idea of “multi-dimensional” gas pricing. 📊 BitMEX launched options trading in collaboration with PowerTrade. ⚖️ SEC rejected Ripple's proposal for a $10 million fine, demanding $2 billion. 🛠️ Support for L3 solutions has been added to OP Stack from Optimism. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 8, 2024: 💰 FTX exchange plans to pay clients 118% of their funds as compensation 🇭🇰 HashKey, a Hong Kong-licensed exchange, to list TON on May 9 🇦🇹 Austrian Raiffeisen Bank offers Bitcoin and Ethereum investments through 55 branches 🚫 LocalMonero, largest P2P Monero trading platform, announces closure 📉 BTC inflows to centralized crypto exchanges hit lowest level since 2015 ⛏️ Argentina's state-owned company YPF Luz begins mining BTC using excess gas from oil fields 🇨🇦 Canada’s first Bitcoin crypto-ATM supporting Lightning Network installed in Vancouver 🚔 Binance helps arrest ZKasino fraud suspect 📉 10x Research highlights negative impact of token unlocks and Ethereum weakness 👤 LockBit ransomware administrator identified 🗳️ Poll: over 20% of US voters consider candidate’s crypto position 📊 Glassnode explains Bitcoin and Ethereum discrepancy after halving ⚖️ Creators of fake Blockchain.com website receive prison sentences 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 7, 2024: 🇺🇸 U.S. government holds 216,788 Bitcoins, valued at approximately $13.82 billion, and 45,659 Ethereum, worth around $139 million, mostly acquired through seizures. 🇬🇧 Revolut is launching its new cryptocurrency platform, Revolut X. 🌐 SEC Chairman Gary Gensler stated that legally, most cryptocurrencies are considered securities. 🔨 Major public miners reported a 6%-12% reduction in BTC production right after the April halving event. 🇳🇬 Nigeria plans to prohibit the use of the naira in peer-to-peer transactions to stabilize its exchange rate. 🇦🇺 Australian Tax Office has mandated crypto exchanges to provide personal and transaction data of 1.2 million traders. 🇨🇴 Colombia's largest bank, Bancolombia, is set to introduce its own cryptocurrency exchange and stablecoin. 🇰🇷 South Korea is potentially the next country to green-light a Bitcoin ETF. 💰 LayerZero has excluded team members and “sybils” from eligibility for an airdrop. 🐳 BTC Wallet developer Exodus is preparing for a listing on the NYSE. 📊 The launch of ETF trading in Hong Kong softened the outflow from American funds. 📈 Bitcoin options traders are wagering on the price reaching $100,000. 🔊 CEO of Binance claimed that Nigerian authorities asked for bribes and sought to control the exchange through the arrest of Gambaryan. 🪂 The Mode L2 network is set to distribute 550 million MODE tokens to its community. 📅 SEC has deferred its decision on the spot Ethereum-ETF by Invesco and Galaxy. ⚖️ CFTC head forecasted heightened regulatory scrutiny on the cryptocurrency industry. 👁️ Gary Gensler highlighted that investors lack sufficient information regarding crypto assets. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 6, 2024: 🔔 Robinhood was notified by the US SEC about potential securities law violations in its crypto operations. 🔝 MicroStrategy, led by Michael Saylor, owns more BTC than any country. (214,400 worth $14B). 🎉 Bitcoin processed billion transactions. 🔍 Cartier jewelry heir was accused of laundering drug cartel money through USDT. 🔻 Bloomberg: Less than 10% of stablecoin transactions are “organic”. 🔄 In April 2024, 138 new memecoins were added to CoinMarketCap. 🆕 zkPass is live on Arbitrum. 🥇 SUI significantly surpasses all other Layer1 blockchains in terms of the number of daily transactions. 📈 The market greed index returns to the optimistic zone: investors are bullish again. 📆 10 years ago, Charles Munger dubbed Bitcoin rat poison; BTC was priced at $425. 🦊 MetaMask has introduced 'Smart Transactions' to tackle Ethereum front-running. 🏅 Arbitrum became the first L2 where the volume of swaps exceeded $150 billion. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Weekly summary - Week 18, 2024: ⏪ MakerDAO will introduce two new tokens ⏪ BTC-ETF Grayscale recorded a significant influx of funds for the first time ⏪ Tesla has expanded its payment options to include Dogecoin ⏪ About 400,000 clients of the Bitfinex cryptocurrency exchange suffered from a data leak ⏪ Vodafone announced its plans to introduce blockchain technology into SIM cards ⏪ Bitcoin returned to $64,000 ⏪ Binance founder Changpeng Zhao sentenced to four months in prison ⏪ The Fed kept its key rate for the sixth time in a row ⏪ Trading of spot ETFs based on Bitcoin and Ethereum has started in Hong Kong ⏪ Coinbase faces a new lawsuit ⏪ Dropbox has confirmed that user data and part of the private keys have been compromised 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 3, 2024: 🚀 Bitcoin's price surged past $60,000 following a positive U.S. labor market report. 💼 Block, led by Jack Dorsey, has committed to investing 10% of its monthly profits into purchasing Bitcoin. 🚨 A user incurred a loss of $68 million, equivalent to 1155 WBTC, due to spam transactions. 📈 Coinbase announced a record net income of $1.18 billion for Q1 2024. 🔐 Tether, in collaboration with Chainalysis, aims to rigorously monitor USDT transactions to pinpoint wallets linked to illegal activities and sanction evasion. 🚓 26-year-old founder of the ZKasino online platform was arrested in the Netherlands for defrauding users of 10,515 ETH. 📈 Arthur Hayes forecasts Bitcoin reaching $70,000 by the end of summer. 📉 Trader lost $68 million due to an address spoofing scam. 🚫 ZkSNACKs announced the shutdown of its CoinJoin anonymization service. ⬇️ The price of the Friend Tech token fell sharply from $169 to $1 following an airdrop. 🏅 Jito has risen to become the largest protocol on Solana with a TVL of $1.4 billion. 🗣️Expert describes meme tokens as significant tool for decentralized exchanges. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN

Daily summary - May 2, 2024: 🔻 'Fear and Greed Index' dipped into 'Fear' for the first time since fall 2023. 💰 American venture fund Pantera Capital invested in TON. 📉 Yesterday saw a record $564 million net outflow from US spot Bitcoin ETFs. 🔗 MicroStrategy plans to launch a decentralized identity protocol. 📅 LayerZero project team announced a snapshot of activity on May 1. 🔐 Vitalik Buterin advised storing crypto on multi-signature wallets. 🔮 BlackRock expects a new wave of interest in spot Bitcoin ETFs. 🐋 VanEck estimated the number of bitcoins in the wallets of ETFs, countries, and companies. ⚙️ Aave Labs presented a roadmap for the fourth version of the protocol. 💸 BlackRock predicted a new wave of investments in Bitcoin ETFs. 🔍 Elliptic taught AI to detect money laundering through Bitcoin. 🌞 Bitcoin derivatives traders are preparing for a summer slowdown in market activity, according to an analyst. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN