Tether Invests $150M in Bitcoin Mining Giant Bitdeer
Tether invests $150M in Bitdeer to expand Bitcoin mining. The deal includes $100M equity and $50M share option. Bitdeer ($BTDR) gains new data centers and mining farms. #CryptoNews #Bitcoin
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Ethereum ETF Applications Updated for SEC Approval
Invesco Galaxy, VanEck, and others updated S-1 filings for spot Ethereum ETFs to the SEC. Franklin Templeton’s 0.19% annual fee marks the first disclosed. #Crypto #Ethereum
36 Projects Secure $194M Weekly Investments
Cryptocurrency sector sees $194M investments in a week! Babylon raises $70M for Bitcoin PoS staking, Chainge secures $13M for AI cross-chain trading, Neynar gets $11M for decentralized social networks. #CryptoNews #Blockchain
Biden Blocks Bill to Reverse Crypto Law
President Biden vetoes bill to overturn SEC’s SAB 121, mandating banks list crypto assets as liabilities. This move emphasizes investor protection and regulatory stability. #Crypto #Finance
Changpeng Zhao Sentenced to California Federal Prison
Changpeng Zhao (@cz_binance), former CEO of @binance, begins his 4-month federal prison sentence for money laundering. His case sparks discussions on crypto regulations. #Crypto #Binance
Bitcoin Surges 11%, Ethereum Soars 24.6% in May
Bitcoin ($BTC) jumps 11.07% to $67,730 and Ethereum ($ETH) surges 24.65% to $3,800 in May 2024, driven by US regulatory approvals and economic indicators. #CryptoNews #Finance
Hong Kong Bans Unlicensed Crypto Exchanges
Hong Kong’s SFC bans unlicensed crypto exchanges. 7, including @OKX and Gate.HK, withdraw applications. 18 still seeking licenses. Major overhaul needed for compliance. #CryptoRegulations #HongKongCrypto
DMM Bitcoin Hack: Japanese Exchange Loses $303M
Japanese crypto exchange @DMM_Bitcoin reports a $303M theft of 4503 BTC due to a hack. Trading is suspended; users to be compensated. Highlights persistent security issues in crypto. #CryptoNews
HashFlare Founders Extradited for U.S. Sentencing
HashFlare founders Sergey Potapenko and Ivan Turõgin face U.S. extradition for a $575M Ponzi scheme, accused of defrauding investors via HashFlare and Polybius. Trial set for May 31, 2024. #CryptoNews #Fraud
DOJ Shuts Down 911 S5 Botnet, Arrests Founder
The U.S. DOJ dismantled the 911 S5 botnet, arresting founder YunHe Wang. The botnet caused $5.9B in damages using 19M+ IPs. $130M in crypto assets frozen. #CyberSecurity #BreakingNews
Pudgy Penguins Mobile Game Launch by Mythical Games
Mythical Games partners with @Pudgy_Penguins to launch a mobile game in 2025, offering exclusive early access to NFT holders. Developed on the Mythos Chain within the Polkadot ecosystem. #Gaming #NFTs
MEV Bot Incurs $150,000 in Fees
Renowned MEV bot jaredfromsubway.eth paid $150K in fees swapping BEAM for MAGA on Uniswap, earning $6M in Q1 2023. EU regulators label MEV as market abuse. #CryptoNews #Blockchain
Bitcoin ETF Inflows Hit $49 Million Milestone
American Bitcoin ETFs saw a net inflow of $48.7M on May 30, continuing a 13-day streak. The Fidelity Wise Origin Bitcoin Fund led with $119M. #Bitcoin #ETFs
Cryptocurrency Empowers Freedom: Robert Kennedy Jr’s View
U.S. presidential candidate Robert F. Kennedy Jr. backs cryptocurrency, investing 21 BTC. He aims to integrate blockchain into the budget and stabilize the dollar with Bitcoin. #Crypto #Bitcoin