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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
🔵 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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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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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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EXCLUSIVE: Aave’s Stani Kulechov seeks $50m for Lens Protocol at $500m valuation - DL News https://www.dlnews.com/articles/defi/lens-protocol-is-pursuing-new-50-million-usd-fundraise/
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ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $900M - CoinDesk https://www.coindesk.com/tech/2024/06/17/zksync-airdrop-of-zk-token-puts-initial-market-cap-near-900m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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🔵 David Hirsch shuts down Pump.fun rumor after SEC exit - Protos https://protos.com/david-hirsch-shuts-down-pump-fun-rumor-after-sec-exit/
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Bitcoin ETFs Cool as Crypto Funds Post Biggest Losses Since March - Decrypt https://decrypt.co/235722/bitcoin-etfs-cool-crypto-funds-biggest-losses-since-march
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Memecoin leverage trading protocol Wasabi raises $3 million led by Electric Capital - The Block https://www.theblock.co/post/300465/memecoin-leverage-trading-protocol-wasabi-funding?utm_source=rss&utm_medium=rss
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🔵 Tether’s new asset currently backed by 0kg of gold - Protos https://protos.com/tethers-new-asset-currently-backed-by-0kg-of-gold/
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Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck - CoinDesk https://www.coindesk.com/policy/2024/06/17/australian-securities-exchange-gives-its-first-approval-of-a-spot-bitcoin-listing-to-vaneck/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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GameStop Stock Falls Ahead of Anticipated Shareholders Meeting - Decrypt https://decrypt.co/235710/gamestop-stock-dips-buzzy-annual-shareholders-meeting
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El Salvador Proposes Private Bitcoin Investment Bank to Boost Economy - Decrypt https://decrypt.co/235714/el-salvador-private-bitcoin-investment-bank
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SEC’s Head of Crypto Asset and Cyber Unit departs after nearly nine years - The Block https://www.theblock.co/post/300430/sec-crypto-enforcement-leader-departure?utm_source=rss&utm_medium=rss
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Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9% - CNBC https://www.cnbc.com/2024/06/17/warren-buffetts-berkshire-hathaway-trims-its-stake-in-chinese-ev-maker-byd-to-6point9percent.html
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🔵 Binance needs ‘new intern’ after misjudged Family Guy meme - Protos https://protos.com/binance-needs-new-intern-after-misjudged-family-guy-meme/
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🔵 Are central banks really buying bitcoin? - Protos https://protos.com/are-central-banks-really-buying-bitcoin/
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Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares - CoinDesk https://www.coindesk.com/markets/2024/06/17/bitcoin-investment-products-saw-over-600m-in-outflows-last-week-coinshares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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How Crypto’s Richest Billionaire Doubled His Net Worth Behind Bars - Forbes https://www.forbes.com/sites/javierpaz/2024/06/14/how-cryptos-richest-billionaire-doubled-his-net-worth-behind-bars/
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Notcoin Loses 11% After the NOT Airdrop Claim Ends - Decrypt https://decrypt.co/235669/notcoin-loses-11-after-the-not-airdrop-claim-ends
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The Stormtrooper Scandal — the dark side of NFT art exposed - Financial Times https://www.ft.com/content/29be1fdb-09ba-461c-acd6-ef67e893bb84
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Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure - CNBC https://www.cnbc.com/2024/06/17/autodesk-adsk-starboard-activist-probe-sec-lawsuit.html
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Solana sandwich bot makes $30M from MEV arbitrage in 2 months - Cointelegraph https://cointelegraph.com/news/solana-mev-sandwich-bot-profits-30-million-from-users
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Curve CEO clears up UwU Lend hack, CRV burn misinformation - Cointelegraph https://cointelegraph.com/news/curve-ceo-clarifies-uwu-hack-misinformation
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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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Former Thodex CEO Faruk Özer starts 11,196-year prison sentence

Faruk Özer once held a hardware wallet containing $2 billion worth of crypto. This week, he's entering prison to start his mammoth sentence.

🔵 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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Opinion: Pirate Wires’ Trump token reporting was irresponsible and lazy

Pirates Wires claimed that Donald Trump was launching a meme coin called DJT with his son. However, there's no evidence for this anywhere.

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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Bored Apes now cost less than they did before NFT mania began three years ago

At its May 2022 peak, the Bored Ape franchise looked invincible.

🔵 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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Informed crypto news. Protos cuts through the noise to provide clear insight, considered expert opinion, and market-moving information on Bitcoin and crypto as efficiently as possible.

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Ethereum restaking protocol Renzo raises $17 million

The raise follows Renzo's $3.2 million seed round in January.

🔵 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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Japanese housewives might be among the best traders in crypto

Mrs. Watanabe -- a community of Japanese housewives -- mastered a skill that may have made them some of bitcoin’s most successful traders.

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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Sen. Warren warns Powell against weakening banking regulations: 'Do your job’

Bank CEOs have said the Basel III Endgame capital increases are unnecessarily aggressive and would force the industry to curtail lending.

Polymarket gambler face charges after Taiwan election bet - Cointelegraph https://cointelegraph.com/news/taiwan-crypto-betting-2024-election
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Polymarket gambler face charges after Taiwan election bet

The gambler involved in crypto betting on the election results was allowed deferred prosecution and was fined $4,000.

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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Major UK Political Parties Have ‘Missed Opportunity’ on Crypto, Experts Say - Decrypt

As the UK general election nears, parties have released their manifestos. But, not a single one has mentioned cryptocurrencies.

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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Bitcoin dominance exceeds 56% as ETH/BTC ratio heads lower

Learn about the cyclical movements of the ETH/BTC ratio and the patterns observed during Bitcoin dominance.