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
MicroStrategy, led by Michael Saylor, buys 11,931 BTC for $786M, raising its holdings to 226,331 BTC. With Bitcoin trading near $66K, their portfolio is valued at ~$14.9B, showing an unrealized profit of $6.6B. #Bitcoin #Update
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
MintSwap launches the first DEX on the Mint blockchain, enhancing user experience with AMM tech for fast, secure swaps. Users gain optimized profits from liquidity pools. Future plans include an ERC-404 token with staking rewards. #Update #CryptoNews
Prominent investors Peter Brandt & @woonomic debate Tether’s future amid allegations by Consumers’ Research. Concerns include misleading USD backing and avoiding audits, while Woo sees potential in over-collateralized assets like Bitcoin. #Crypto #Update
ASI announces a major merger for $FET, $AGIX, and $OCEAN starting July 1. Tokens will rebrand to ASI, with conversion rates set. Prices surged: $FET +26.05%, $AGIX +24.77%, $OCEAN +23.38%. @Binance supports the merger. #Update
Ilya Sutskever, co-founder of @OpenAI, has launched Safe Superintelligence (SSI) with Daniel Levy and Daniel Gross to develop secure AI. Based in Palo Alto and Tel Aviv, SSI aims to avoid commercial pressures and prioritize ethical AI development. #AI #Update
