Gemini will pay $50M to defrauded investors of its Earn program and is banned from lending in NY. The settlement, announced by AG Letitia James, affects over 230,000 investors, including 29,000 New Yorkers. #CryptoRegulation
Ripple’s CLO Stuart Alderoty criticizes SEC Chair @GaryGensler’s use of “crypto-asset securities” and urges crypto investors to vote. Mark Cuban and Senators Hagerty and Durbin also express concerns over Gensler’s stance. #CryptoRegulations #Update
.@Gemini agrees to a $50M settlement over fraud claims related to its Gemini Earn program, affecting over 230,000 users. The deal includes restitution and a permanent ban on crypto lending in NY. #CryptoNews #Update
Former @Binance CEO Changpeng Zhao owns 64% of $BNB, worth over $56B, making him the 24th richest globally. Despite serving jail time, BNB surged by 141% in 14 months and returned 1,497,749% since 2017. #cryptonews
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
Bitcoin.com is hosting a $10K (USDT) free poker tournament on CoinPoker on June 16 at 7 pm GMT. Join using code BITCOIN2024. Sign up on CoinPoker to enter. #CryptoNews #Update
Polkadot founder Gavin Wood announces a $65M prize pool for the JAM upgrade, promoting innovation in the ecosystem. The community-backed initiative supports diverse protocol implementations. #Polkadot #BlockchainUpdates
Rapper Lil Pump showcases a “Solana” tattoo on his forehead, sparking debate in the crypto community. His token, $LILPUMP, surged by 218% on Raydium, despite past pump-and-dump allegations. Future endorsements with @Binance hinted. #Update
Mistral AI, a French startup, raised €600M in Series B funding, hitting a $6B valuation. Specializing in advanced AI models, their open-source tech supports global developers. This funding could boost both AI and the crypto sectors. #AI #Update
Global ETF market, now at $13T, could reach $35T by 2035, says Eric Balchunas, Senior ETF Analyst @binance. Growth driven by low costs, intra-day liquidity, and tax efficiency. Spot crypto ETFs offer easy crypto market access. #Update #ETFs
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) hits an all-time high of $8.13, making all 21,490 addresses profitable. This marks a significant growth from last year when over 90% were in loss. Retail holders own 39.9% of the supply. #Update
Toncoin ($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
KangaMoon nears $8M presale target, attracting 32,000 ecosystem members and 10,000 holders. Analysts predict a 1000% profit with $KANG at $0.025. $BNB surges from $556 to $629; $ARB stabilizes above $1. #Update
