Protest launched in NYC’s Times Square against @Tether_to, accusing it of corruption and aiding illegal activities. Tether called a “Ponzi scheme” by Will Hild of Consumers’ Research. Despite controversy, Tether posted $4.52B Q1 profits. #Update
Pendle token surged 25% as @CryptoHayes invested $500K. Pendle’s TVL hits $6.9B, now the 5th largest DeFi network. Offering up to 25% yields, it attracts 27,686 holders. Hayes’ move boosts market confidence. #CryptoNews
Kraken’s Chief Security Officer, Nick Percoco, confirmed the recovery of $3M after @Certik_io exploited a bug to withdraw funds, claiming it as a bug bounty. Kraken denounced it as extortion. The incident highlights the critical need for robust cybersecurity. #CryptoSecurity
Sarah Brennan, General Counsel for Delphi Ventures, warns that heavy regulation could turn #crypto into a centralized “hellscape.” Major firms like @Ripple and @circlepay have raised over $100M to influence Congress against policies like the SAB 121 bill. #Update
Matthew Hougan, CIO at @BitwiseInvest, suggests a 75% $BTC and 25% $ETH portfolio for diversification. He notes Bitcoin as top money form, Ethereum powers DeFi and stablecoins. Historically, $ETH boosts returns and cuts risks. #Update
Alessio Vinassa, CEO of BlockTechGroup, uses AI to back over 35 blockchain, DeFi, and fintech startups. His focus on ethical practices and community impact sets new standards in fintech. #Blockchain #Update
Investors are excited as the Sealana presale, which raised over $5M, ends in 5 days. Launched on @solana, Sealana ($SEAL) taps into the Politifi movement with 12K followers. Experts predict significant gains. #Update #CryptoNews
Enthusiasts platform offers a simple way to earn passive income via crypto staking in 2024. With over 8M users, it provides security, transparency, and a $100 signup bonus. Earn up to $500/day. #Crypto #Update
MicroStrategy (@MicroStrategy) has acquired 11,931 Bitcoins for $786M, bringing its total to 226,331 BTC, now worth $15B. This strategic move, funded by convertible notes, solidifies its position as the second-largest Bitcoin holder. #CryptoNews
NeurochainAI launches a platform for AI dApps, integrating machine learning with blockchain to boost scalability and security. With 82,000 users and 48,000 wallets, it cuts time-to-market by 24x. CEO Julius Serenas emphasizes democratic AI development. #Update #AI #Blockchain
Switzerland-based Aleph Zero has launched a testnet for its zkOS ZK-privacy layer-2 solution, achieving “subsecond proving times.” Built with Gelato, zkOS processes thousands of transactions per second with near-instant finality. Developer mainnet expected Q3 2024. #Update #Blockchain
The Swiss National Bank extends its digital franc pilot to 2026, adding more financial institutions. The pilot, featuring @UBS and @CommerzbankAG, has settled major transactions like a $226M World Bank bond. #CBDC #Update
Galaxy Digital, founded by Michael Novogratz, is set to surpass @Coinbase as the largest validator in the Solana network, holding 9.7M $SOL tokens. Expected to generate $22M annually from staking fees. #Crypto #Update
India’s Financial Intelligence Unit fined @Binance $2.25M for AML violations and not registering with the FIU. Binance hasn’t responded publicly. This highlights the importance of regulatory compliance in India’s booming crypto market. #CryptoNews
