Altcoin Alerts

🔔 JPMorgan: Mt. Gox Creditors Likely to Sell Bitcoin Receivables Next Month ! JPMorgan analysts expect Mt. Gox creditors to sell part of their bitcoin receivables next month, which could initially pressure crypto markets. However, they foresee a recovery beginning in August, driven by FTX’s upcoming cash repayments potentially leading to reinvestments. ▶️ Check More Details Here: https://www.theblock.co/post/302217/jpmorgan-mt-gox-bitcoin

🔔 Teleport Dao Announces TGE & Listing on 27 June ! Teleport DAO has announced its native token $TST token generation event and listing scheduled for 27 June. The $TST token will be listed on Bybit, Kucoin, Gate, and Bitget. the public price of $TST token is $0.075. The fully diluted valuation (FDV) is $75 million, and the total supply is 1 billion $TST tokens. Teleport DAO enables trustless connections from Bitcoin to EVM chains and Bitcoin Layer 2 solutions through a light-client bridge. With over $55 million in on-chain volume and $12 million raised, it supports cross-chain applications and message transfers, positioning itself as a leader in the Bitcoin ecosystem. ▶️ Check More Details Here: https://x.com/teleport_dao/status/1805979303307252117 ▶️ Project Socials: Website | Twitter | Telegram

🔔 Crypto Firm Abra Settles with State Regulators Over Unlicensed Mobile App ! Crypto firm Abra has settled with 25 state regulators for operating without proper licenses, agreeing to cease crypto transactions for U.S. customers and return $82 million. Investigations found Abra operated without required licenses. The settlement waives penalties to prioritize customer repayment. ▶️ Check More Details Here: https://www.csbs.org/newsroom/state-financial-regulators-settle-abra-return-cryptocurrency-assets

🔔 US Government Transfers 3,940 BTC ($243M) from Silk Road Hack to Coinbase Prime ! ▶️ Check More Details Here: https://x.com/arkhamintel/status/1806012299494273149

🔔 Bitstamp Removes Euro Tether Due to New MiCA Regulations ! Bitstamp will delist Tether's euro-pegged stablecoin, Euro Tether (EURT), by the end of June to comply with Europe's Markets in Crypto-Assets Regulation (MiCA), effective June 30. ▶️ Check More Details Here: https://blog.bitstamp.net/post/bitstamp-confirms-changes-to-accord-with-mica-regulation/

🔔 German Government Transfers $15 Million in Bitcoin to Bitstamp and Kraken, Says Arkham ! Recently, Arkham reported that the German government transferred approximately 250 BTC (worth $15.4 million) to cryptocurrency exchanges Bitstamp and Kraken. This follows a series of transactions totaling around $150 million sent to known crypto exchange addresses over the past week. The reasons for these transfers by the German government have not been officially clarified. ▶️ Check More Details Here: https://platform.arkhamintelligence.com/explorer/entity/germany

🔔 Cardano Unaffected by Unsuccessful DDoS Attack on Staked ADA ! Cardano successfully mitigated a DDoS attack aimed at stealing staked tokens, with no significant network impact. The attack, involving multiple smart contracts, was halted after a developer's post revealed a vulnerability, leading to the attacker losing their funds. ▶️ Check More Details Here: https://x.com/phil_uplc/status/1805672403822870776

⚡️ News Flash - 25 Jun 2024 ! 1️⃣ Man Convicted of Violent Robberies for Cryptocurrency Remy St Felix, convicted for leading a violent cryptocurrency robbery ring, faces up to life in prison after orchestrating home invasions targeting crypto owners across several states from 2022 to 2023. 2️⃣ Conduit Raises $37 Million in Funding Round Co-Led by Paradigm and Haun Ventures Conduit, a crypto infrastructure firm, secures $37 million to advance blockchain technology for customizable and reliable Layer 2 rollups, fostering on-chain product development. 3️⃣ Former Fintech CEO Sentenced to 3.75 Years for Price Manipulation Former Hydrogen Technology CEO Michael Kane sentenced to 45 months for crypto price manipulation scheme, marking first federal ruling on crypto as security fraud. Shane Hampton, former head of financial engineering, gets 35 months. 4️⃣ Gensler: Ether ETF Approval Process Going 'Smoothly' SEC Chair Gary Gensler noted that the launch process for a spot Ethereum ETF is "going smoothly," highlighting the need for complete disclosures from asset managers. 5️⃣ Ava Protocol, an EigenLayer AVS Acquires Blockchain Data Startup Openstory Ava Protocol has acquired Openstory, a blockchain data startup, with founder Vinh Nguyen joining as systems architect. Financing included Ava Protocol's AP tokens, concluding a deal initiated last year.

🔔 FTX Customers to Cast Votes on Multi-Billion Dollar Repayment Proposal ! FTX customers will vote on a Chapter 11 plan to compensate victims and resolve penalties from the exchange's collapse, following approval from Judge John Dorsey. ▶️ Check More Details Here: https://www.bloomberg.com/news/articles/2024-06-25/ftx-customers-to-vote-on-multi-billion-dollar-repayment-plan

🔔 SEC Charges Meta Materials and Ex-CEOs with Fraud and Market Manipulation ! The SEC has charged Meta Materials Inc. and its former CEOs, John Brda and George Palikaras, with market manipulation, raising $137.5 million by artificially inflating stock prices through a "short squeeze" scheme. Meta Materials settled with a $1 million penalty, while litigation against Brda and Palikaras continues, seeking permanent injunctions, penalties, and disgorgement. ▶️ Check More Details Here: https://www.sec.gov/news/press-release/2024-77