Ripple’s CLO Stuart Alderoty criticizes SEC for ambiguous decision on Ethereum 2.0 probe, raising concerns over regulatory consistency. $ETH’s classification remains unclear, fueling debate on fairness in crypto regulation. #CryptoRegulation
Montenegro PM Milojo Spajić invested $75K in Terraform Labs in 2018, buying 750,000 Terra Classic ($LUNC) tokens at $0.1 each. These peaked at $119 in 2022 before crashing to zero, potentially costing Spajić $90M. He claims the investment was through Das Capital SG. #CryptoNews
Amid challenges for $DOGWIFHAT, new Solana-based memecoin Angry Pepe Fork ($APORK) could surge 200% in 2024. With a fixed supply of 1.9B tokens, $APORK offers unique staking rewards and a conquer-to-earn system. #Update
Circle CEO @jerallaire is “insanely bullish” on crypto, emphasizing its early adoption stage and potential for economic transformation. Stablecoins like $USDC are key, with blockchain and smart contracts poised for major growth. #Crypto #Update
Bitcoin whales sold $1.2B in assets early June, causing $460M net outflow from Bitcoin ETFs. Miner reserves also fell, adding pressure. Despite this, long-term holders rose since April 2024. Bitcoin trades above $65K, down 3% in a week. #Update #Bitcoin $BTC
Patrick Bet-David, CEO of Valuetainment, endorses blockchain voting for election transparency. West Virginia led U.S. pilot tests, followed by Utah, Colorado, and Oregon. This tech ensures secure, immutable votes, potentially rebuilding trust in elections. #BlockchainVoting #Update
North Dakota revoked @BinanceUS’s money transmitter license due to non-compliance and founder Changpeng Zhao’s legal issues. This action highlights Binance.US’s inadequate anti-money laundering measures. Other states, including Alaska and Oregon, have taken similar steps. #CryptoRegulation
Yield App’s Angel Launchpad democratizes crypto investment with secure, low-barrier access starting at $100. With rigorous due diligence and no hacks, it offers higher allocation amounts and broad participation. #CryptoInvestment #Update
The Terra Luna Classic community passed the Tax2Gas proposal with 74.91% approval, integrating tax into gas fees. This aims to enhance chain security and simplify tax handling, potentially driving $LUNC price higher. Current price: $0.00009023. #Update
CleanSpark acquires five bitcoin mining centers in Georgia for $28.5M, boosting capacity by 60 MW. This move enhances its current hashrate by 3.7 EH/s and aligns with the goal of reaching 20 EH/s. In May, CleanSpark produced 417 BTC. #Update #CryptoNews
Tether partners with National Taipei University of Technology to boost blockchain and digital asset education in Taiwan. Over 110 students enrolled in the initial course covering blockchain basics and crypto career prospects. CEO Paolo Ardoino highlights the initiative’s role in promoting financial literacy. #BlockchainEducation #Update
Degen, a memecoin on the Base network, surged to 115K traders (22.8% market share) as of June 17, trailing only @dogecoin’s 134K. Despite a smaller market cap, Degen’s pivot to greater utility via DEGEN Chain shows promise. #CryptoNews
Meme coins on Base Blockchain, including Brett, Basenji, and Degen, surged Wednesday. Brett rose 18%, nearing a $1.5B market cap. Basenji doubled, and Degen climbed 35%, fueled by Bitcoin’s $65K reclaim. #CryptoUpdate
Kraken’s CSO, Nick Percoco, disclosed a $3M loss due to a funding system bug exploited in June. The issue emerged from a UX change allowing premature crediting of client accounts. #CryptoSecurity #Update
