NOTCOIN vs. UXLINK: A Comparative Study on Mass Adoption Strategies in Web3

Project Overview NOTCOIN NOTCOIN is recognized as the first breakout project within the Telegram ecosystem. Since the beginning of this year, NOTCOIN has rapidly gained traction due to its inherent meme appeal and easy Tap-to-Earn gameplay, attracting 5 million users within a week of launch, with peak daily active users exceeding 6 million. After its …

Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case

The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General’s lawsuit, in which it accused Saylor of falsely claiming to be a resident of Virginia or Florida to underpay taxes. D.C. Nets …

Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds

The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the $15 billion threshold. Coinshares Tracks $2 Billion May Inflow Into Digital Assets …

CryptoQuant CEO Says Bitcoin (BTC) Flashing Mid-2020 Vibes – Here’s What He Means

The CEO of blockchain analytics firm CryptoQuant says that Bitcoin’s (BTC) on-chain market structure looks similar to 2020 before its bull market finale. Ki Young Ju tells his 346,000 followers on the social media platform X that Bitcoin’s current price action is reminiscent of four years ago when BTC consolidated for over half a year …

Gamestop Hero ‘Roaring Kitty’ Posts $250,000,000 Gains After Risky Call Option Trades

The leader of the Gamestop (GME) short squeeze movement is sitting on potentially one of the best trades of all time shortly after his dramatic comeback to the public eye. Keith Gill, who goes by ‘Roaring Kitty,’ is currently looking at hundreds of millions of dollars in gains after building a massive call option position …

‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report

The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets. According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – …

Coinbase Follows Ripple and a16z With $25,000,000 Crypto Advocacy Group Donation Ahead of US Elections: Report

The CEO of Coinbase is laying out his plan to move crypto regulation forward. In a new company blog post, Coinbase head Brian Armstrong argues clear crypto regulations should be a non-partisan issue. “Coinbase is an apolitical company on issues unrelated to our mission. But when it comes to our mission of increasing economic freedom …

Bank Employee Banned From Industry After Allegedly Stealing $15,000 From Lender, Hiding Paper Trail With Rotten Receipts

The Office of the Comptroller of the Currency (OCC) is taking action against a former bank employee for allegedly stealing thousands of dollars in just one week. The OCC says it’s issuing an order of prohibition against Sabrina Prince for violations of law that resulted in unjust enrichment at the expense of PNC Bank. Between May …

SEC ‘Bent on Choking’ Crypto Industry, Says Coinbase Chief Legal Officer Paul Grewal

The chief legal officer of crypto exchange Coinbase says that the U.S. Securities and Exchange Commission (SEC) is determined to stifle the digital asset industry. In a new thread on the social media platform X, Coinbase executive Paul Grewal says that the regulatory agency is “bent on choking” the digital assets industry by mandating rules …

US leads $2 billion May crypto inflow while Ethereum ETF sparks investor interest

Global digital asset investment products recorded their fourth consecutive week of inflows, totaling $185 million, according to CoinShares’ weekly report. The report stated that these inflows pushed May’s total to $2 billion, bringing the year-to-date inflows to over $15 billion for the first time. However, trading volume dropped to $8 billion from $13 billion the …

OKX user claims to have lost $2 million in deep fake AI scam

A user known as “来日方长” (The Future is Long) has reported a significant security breach involving their OKX account, resulting in a loss exceeding $2 million. According to WuBlockchain, the user detailed that scammers had obtained all of his personal information through Telegram. Utilizing this data, the attackers accessed his email account and initiated a …

Monochrome to launch Australia’s first spot Bitcoin ETF tomorrow

Quick Take The Monochrome Bitcoin ETF (IBTC) is poised to make history as Australia’s first spot Bitcoin ETF, set to launch on June 4, 2024. Trading on Cboe Australia is scheduled to begin at 10:00 A.M. (AEST). Issued by Monochrome Asset Management, IBTC will be listed on the exchange under the ticker symbol IBTC and …

Bitcoin flirts with $70,000 as digital assets face $156 million in liquidations in past 24 hours

Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 8 hours ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. Go to Source

Chainlink could solve today’s NYSE stock market glitch as Berkshire Hathaway appears down 99%

Trading on the New York Stock Exchange (NYSE) was abruptly halted today after Berkshire Hathaway’s Class A shares experienced a dramatic 99.97% drop in value. The equity last traded at $185.10, down from $627,214.90. The halt, coded as M, was triggered due to volatility, and the cause of the sudden decline remains unclear. In a …

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