General category for all types of news related to the cryptocurrency world.
Arbitrum’s $10M Infinite Launchpad faces significant resistance, with 54% of the community voting against it. Only 28% support it, while 18% remain neutral. The broad scope includes market surveys and venture funding. $ARB #Update
Gemini to pay $50M to users of the collapsed Earn program, benefiting over 230,000 investors, including 29,000 in NY. This settlement, announced by @NewYorkStateAG, ensures digital asset access and bars Gemini from crypto lending in NY. #CryptoNews
LBank received a warning from Japan’s FSA for unregistered crypto transactions, operating with an “unknown address” and “unknown representative.” This follows similar warnings to Bybit, MEXC, Bitget, and Bitforex in March 2023. #CryptoRegulation
Notcoin ($NOT) surged 30% this month due to support from @binance and @coinbase. Binance introduced a NOT/BRL pair, and Coinbase launches NOT futures on June 20. Open interest hit $247.06M, and user base grew to 40M. #Update #CryptoNews
Apple’s App Store faces a DOJ lawsuit for monopolistic practices, while @Google’s app store battles Epic Games. Crypto apps hit hardest by restrictions. Progressive Web Apps (PWAs) offer a fee-free, browser-based alternative. #Update #TechNews
Turkey’s Ministry of Finance proposes a 0.03% tax on cryptocurrency transactions, aiming to generate $113M annually for the national budget. This tax is part of post-earthquake reforms and could stabilize the economy. #CryptocurrencyTax #Update
? The crypto market braces for volatility as $182.20M in token unlocks loom. Key impacts: $ARB unlocks $86.23M on June 16, $ID $44.37M on June 22, and $APE $16.35M on June 17. Stay alert! #Crypto #Update
DEXs must focus on revenue. Challenges include attracting liquidity providers and security. @Astrovault profits directly from liquidity, boosting trust and adoption. Monetizing liquidity fosters sustainability and community in #DeFi. #Update
Notcoin ($NOT) surged 11% to $0.021, reaching a two-week high and nearly flipping $VET, $MKR, and $OP by market cap. Now at $1.9B, Notcoin benefits from Telegram’s ecosystem and growing crypto support. #Update
Bernstein boosts its Bitcoin price prediction to $200K by 2025 and $1M by 2033, citing spot Bitcoin ETFs and block reward halving. MicroStrategy’s stock target set at $2,890 by 2025 due to increased BTC holdings. #Update #Bitcoin $BTC
MEV bots on $ETH and $SOL blockchains have netted $313.7M in profits from 2021-2023, exploiting transaction priority and gas fees. Notably, a flash loan attack on PancakeSwap in Oct 2023 earned $1.575M. #DeFi #Update
Toncoin ($TON) reached a record $8.15 on June 14, 2024, with a 3% daily and 6% weekly rise. Market cap hit $19.5B, driven by positive sentiment and new Tap-to-Earn projects on Telegram. #CryptoNews #Update
India’s FIU receives petitions from four offshore crypto exchanges to resume operations. Following approvals of @binance and KuCoin, India’s crypto landscape evolves with 46 registered firms, aiming for enhanced market stability and compliance. #CryptoNews
? Only 12% of central banks plan to issue retail CBDCs in the mid-term, while the focus shifts to wholesale CBDCs for better cross-border payments. Nine wholesale CBDCs could be in circulation by 2030. #CBDC #Update @BIS_org
