Altcoin Alerts

🔔 3AC-Linked Wallet Buys NFT for $59K Due to Uncancelled Offer from 3 Years Ago ! A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) bought the Neon Village NFT for 20 Ether (around $59,821) on July 5. The purchase resulted from an offer made three years ago that was never canceled. The SuperRare Bot X channel announced the sale, identifying the buyer as "abcdefg," prompting some NFT collectors to congratulate both parties. ▶️ Check More Details Here: https://x.com/SuperRareBot/status/1809075031084802534

🔔 Multicoin Capital to Match Up to $1 Million in SOL for Crypto-Friendly Candidates ! Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers through The Sentinel Action Fund, with contributions matched up to $1 million in SOL. The initiative, powered by Gemini, aims to back candidates like Senator Bill Hagerty, R-Tenn., who advocate for favorable crypto regulations. ▶️ Check More Details Here: https://x.com/KyleSamani/status/1809238856010514472

🔔 SBF's Family Tied to $100M FTX Scandal, Legal Troubles Loom ! Sam Bankman-Fried, founder of FTX, is involved in a $100 million scandal over misuse of company assets for political donations. The Wall Street Journal revealed that his family managed these funds, aiming to influence the 2022 election, with his father Joe Bankman directly involved in the operations. Legal proceedings are ongoing. ▶️ Check More Details Here: https://www.wsj.com/finance/currencies/sam-bankman-frieds-campaign-spending-spree-was-a-family-affair-1a5c4b8a

🔔 JUST IN: Mt. Gox Trustee Started Repayment to Creditors ! On July 5, 2024, the Mt. Gox Trustee started repaying creditors in Bitcoin and Bitcoin Cash via designated exchanges. Further repayments will follow after completing account validations and discussions with exchanges. Creditors are asked to be patient. ▶️ Check More Details Here: https://www.mtgox.com/img/pdf/20240705_announcement_en.pdf

🔔 JUST IN: Bitcoin fells below $54,000, Made Daily Low of 53,329 !

🔔 KuCoin Adds 7.5% Tax for Nigerian Users Due to 'Regulatory Update' ! Nigeria's cryptocurrency sector is undergoing regulatory changes, highlighted by KuCoin's introduction of a 7.5% VAT on transaction fees starting July 8, 2024. This move aligns with the 2023 capital gains tax on digital assets. The Securities and Exchange Commission's call for crypto businesses to re-register aims to formalize the industry, potentially influencing investor sentiment and market operations in Africa's leading crypto market. ▶️ Check More Details Here: https://x.com/KuCoinAfrica/status/1808460272807399650

🔔 German MP Urges Government to Cease Bitcoin Sales ! Joana Cotar, an independent Bundestag member, urged the German government to stop its Bitcoin sales, calling them "counterproductive." She invited officials to a lecture with Bitcoin evangelist Samson Mow on Oct. 17. ▶️ Check More Details Here: https://x.com/JoanaCotar/status/1808888782738911614

🔔 Justin Sun Proposes $2 Billion Bitcoin Purchase from Germany to 'Minimize' Market Impact ! Tron founder Justin Sun has offered to buy $2.3 billion in seized Bitcoin from the German government off-market to prevent further market disruption. Recent transfers by Germany caused Bitcoin's price to drop to $56,892.53. ▶️ Check More Details Here: https://x.com/justinsuntron/status/1808828661401072092

🔔 Bitcoin Liquidations Reach $91.7 Million, Including $78 Million in Long Positions ! Over $91.7 million in leveraged Bitcoin positions were liquidated in the past 24 hours, raising concerns of a potential correction to $50,000. The liquidations, mostly long positions, followed three days of price declines from over $62,000 on July 2 to a low of $56,930 on July 4. Bitcoin has since rebounded to above $57,900 but remains down over 4.5% for the day. ▶️ Check More Details Here: https://www.coinglass.com/LiquidationData

🔔 SEC Seeks Dismissal of Retailer's Crypto Lawsuit Over 'Phantom' Policy ! The SEC has asked a judge to dismiss a lawsuit from Beba and the DeFi Education Fund, which seeks to confirm that Beba's token airdrop is not a security. The SEC argues the suit is premature and based on a non-existent policy, as Beba and DEF failed to cite any official SEC rule or action. ▶️ Check More Details Here: https://cointelegraph.com/news/sec-claims-preemptive-airdrop-suit-used-phantom-crypto-policy