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
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
The German government moved 6,500 BTC ($425M) to Kraken and Bitstamp, leaving 43,359 BTC ($2.83B) from a 2013 seizure. This activity has sparked speculation about its impact on $BTC prices. #CryptoUpdate
In June 2011, Bitcoin user ‘allinvain’ lost 25,000 BTC ($1.6B today) to a hack, exposing the vulnerabilities of early crypto security. This major theft highlighted the critical need for strong security in the #Crypto world. #Bitcoin
Nvidia ($NVDA) has become the world’s most valuable company at $3.33 trillion, surpassing Microsoft and Apple. Shares tripled in a year, closing at $135.58 after a 10-to-1 stock split. Record Q1 revenue of $26.04B highlights AI chip demand. #TechNews
The SEC has closed its investigation into Ethereum 2.0, deeming ETH sales are not securities transactions. This aligns with the CFTC’s stance, marking a win for @Consensys and the #Ethereum community. #CryptoNews
Valour Inc. and The Hashgraph Association launched the first Valour Hedera (HBAR) ETP on June 18 at Frankfurt Stock Exchange, boosting HBAR by 6.10% to $0.08159. This milestone simplifies access to enterprise blockchain. #CryptoNews
Brazil’s Federal Revenue Service will summon foreign crypto exchanges like @binance, @coinbase, OKX, and KuCoin to ensure compliance with local laws. This comes as Brazilians declared $24.6B in crypto assets, a 36% rise, with $2.6B tied to foreign exchanges. #CryptoRegulation
HashKey Global secures Bermuda Monetary Authority approval to launch a futures trading platform on June 19, offering Bitcoin ($BTC) and Ethereum ($ETH) futures with up to 10x leverage. The platform aims to ensure secure, regulated trading. #CryptoNews
The XRP community is outraged after the SEC dropped its lawsuit against Ethereum, allowing ETF approval. Bill Morgan highlights inconsistent regulation, urging Ripple to sue over $100M legal costs. This may lower Ripple’s $2B fine. #CryptoRegulation
Hedge funds are gearing up for SEC approval of spot $ETH ETFs, says @Matthew_Sigel of VanEck. Major investors are accumulating ETH, anticipating it could surpass Bitcoin in ETF market size. #Ethereum #CryptoNews
Bitwise updates its S-1 for an Ethereum ETF after SEC feedback. With a $2.5M seed investment and Pantera Capital’s interest in $100M shares, the SEC’s recent approvals mark significant progress. Market sentiment remains mixed. #CryptoETF $ETH
Tether, the largest stablecoin issuer, faces allegations of terror financing and sanctions evasion by Russia and Venezuela. Consumers’ Research claims Tether lacks full audits. Tether denies accusations, pledging cooperation with the FBI and Secret Service. #CryptoNews
