Crypto News

Bank of America Upgraded Coinbase 🏦 Bank of America (BAC) upgraded Coinbase (COIN) from underperform to neutral. This upgrade follows the positive dynamics of the crypto market, which led to an increase in market capitalization and trading volumes. 👀 Following this, Coinbase shares rose by 2.5% in pre-market trading, reaching around $204. Improved expense discipline and diversification at Coinbase are expected to increase earnings further. ✔️ However, there are risks related to regulatory issues (the ongoing lawsuit with the SEC) and potential competition from the Chicago Mercantile Exchange (CME) entering the spot bitcoin trading market. 📧Bright |⚡English |🔸 Learn >

Lazarus Group hackers hold more than $40 million worth of crypto. North Korean hacker group Lazarus owns $47 million worth of cryptocurrency, with assets including Bitcoin, Ether, BNB, and several stablecoins, including Binance USD. According to The Wall Street Journal, North Korean hackers have pilfered more than $3 billion through various schemes in the cryptocurrency market. In the last six months alone, they have stolen at least $180 million. In general, North Korean hackers are a very interesting phenomenon in the blockchain world. Tomorrow, we’ll tell you more about it, but for now, you have an assignment: Try to visualize a North Korean hacker. What do they look like? How old are they? What does their day look like? Write your answers in the comments, and tomorrow, we’ll come back to this topic and discuss it in more detail. 📈Crypto_Ocean

We call to our Investors! Just one step: From purchasing NFTs to creating and co-founding the bank of the future: TLVD Trusty Bank! Closed listing by founders from May 9, 2024! Open sale of NFTs on the DeFi marketplace OpenSea begins on June 10, 2024! UNION IS STRENGTH! +372 5837 7377 https://tlvd.uk https://opensea.io/collection/tlvd https://t.me/nftttbank

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We call to our Investors! Just one step: From purchasing NFTs to creating and co-founding the bank of the future: TLVD Trusty Bank! Closed listing by founders from May 9, 2024! Open sale of NFTs on the DeFi marketplace OpenSea begins on June 10, 2024! UNION IS STRENGTH! +372 5837 7377 https://tlvd.uk https://opensea.io/collection/tlvd https://t.me/nftttbank

Crypto exchange Rain was hacked for $14.8 million. 👀 Analyst ZachXBT reported that the crypto exchange Rain was likely hacked for $14.8 million. 🙀 The exploit occurred on April 29, 2024. Suspicious outflows of BTC, ETH, SOL, and XRP were discovered on the exchange's wallets. All withdrawn funds were converted into BTC and ETH. Rain is popular in the 🏜Middle Eastern market.

🚨🚨🚨 Big Bitcoin Investor from 2013 moved over 1,000 BTC worth $61M. Two Bitcoin 💰 wallets, inactive for over 10 years and 8 months, belonging to the same person and created on the same day. @News_Crypto

Bitcoin’s 280% surge from cycle lows mirrors previous bull cycles Since bottoming out around $15,500 in November 2022, Bitcoin’s performance has been on a consistently upward trajectory. This growth culminated in new all-time highs in March 2024, marking a staggering 280% surge from its cycle low. However, the market has experienced several healthy corrections during this bullish trend. In March 2023, Bitcoin saw a 22% drawdown, followed by a 20% correction that lasted from April to June 2023.

Taiwanese authorities have implemented new strict cryptocurrency regulations. The key aspects of these regulations are: 1️⃣ Digital asset service providers who do not register with the regulatory bodies and fail to meet anti-money laundering standards may be subjected to up to 2 years of imprisonment. 2️⃣ Individuals utilizing virtual asset accounts for illegal activities could receive prison terms of 6 months to 5 years. 3️⃣ Infringements of licensing regulations could lead to penalties as high as 50 million Taiwanese dollars (approximately $1.54 million). 📧Bright |⚡English |🔸 Learn >