DYOR

coinfeeds-bot

tldr; Banks are increasingly using personal spending data to sell targeted advertising, as demonstrated by JP Morgan Chase's new initiative, Chase Media Solutions. This raises concerns about financial privacy, as there are no strong privacy laws to protect consumer data. Cryptocurrencies and technologies like Zero Knowledge Proofs could offer solutions, but challenges remain, including government actions against privacy tools in the crypto space. The article emphasizes the importance of protecting personal financial data in the digital age and calls for better privacy solutions and stronger laws. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Recent research indicates that Bitcoin millionaires are increasingly investing their wealth in real estate rather than luxury cars, signaling a shift towards more mature spending habits. A study involving researchers from Brigham Young, Northwestern, and Imperial College London found that crypto wealth significantly impacts the American real estate market, with about nine cents per dollar of unrealized crypto gains fueling household spending. This trend was particularly noticeable in 2017, correlating with a surge in Bitcoin prices and a faster rise in home prices in areas with high levels of crypto engagement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Cryptocurrency analyst Willy Woo predicts the cryptocurrency industry will reach its first billion users by the end of 2025, based on an extrapolation of many independent prior studies. A chart presented by Woo offers a comprehensive model for forecasting this growth, highlighting the significance of reaching the billion-user milestone for mainstream adoption. The criteria for defining crypto users include completing KYC verification and engaging in blockchain transactions. Despite the optimistic forecast, achieving this goal by 2025 requires a 72% increase from the current 580 million users, a challenging feat considering the 34% growth in 2023. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

advias

I would shill them but I won't. DYOR its not far away

coinfeeds-bot

tldr; Six Coinbase customers have filed a class-action lawsuit against Coinbase Global and its CEO, Brian Armstrong, alleging that the digital assets listed on Coinbase, including Solana, Polygon, and others, are securities and thus subject to state securities laws. The lawsuit accuses Coinbase of knowingly violating these laws and deceiving its users by claiming it does not sell securities, despite admitting to being a "Securities Broker" in its user agreement. The plaintiffs, from California and Florida, seek cancellation of their purchase agreements, statutory damages, and injunctive relief. This lawsuit adds to Coinbase's legal challenges, including an ongoing lawsuit by the SEC. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The article discusses the limitations of current financial stress tests and the potential benefits of embracing Decentralized Finance (DeFi) for regulators. Traditional stress tests often fail to uncover serious issues within banks, leading to financial crises. DeFi, with its transparency and real-time data, offers a solution by allowing continuous monitoring and early identification of potential vulnerabilities. This could lead to a more resilient and inclusive financial system, fostering innovation and competition. The article argues that regulators should see DeFi not as a disruption but as a tool for preventing future financial crises. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Uniswap founder Hayden Adams emphasizes that token distribution should focus on real value rather than hype. He criticizes practices like ambiguous teasers, low-float tokens, and manipulation of token supply, advocating for real liquidity from day one and a significant distribution to the community. Adams advises against marketing based on token price speculation and stresses the importance of thoughtful, transparent decisions in token distribution to build trust and value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; In April, venture capital funds invested $935 million in crypto startups, a slight decrease from March. The majority of this funding, $730 million, was directed towards blockchain infrastructure projects. Notable investments include $225 million in layer-1 blockchain Monad and $100 million in Berachain. The DeFi sector also saw an increase in funding, capturing $157 million. However, Web3 gaming experienced a decline, receiving only $24.7 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

LastMinuteDave

$KENDU has been taking off on Ethereums chain, and it isn't even ETH season yet. Lads, DYOR and give it a look at, seriously. Shytoshi, SHIBs dev, follows the main Twitter for Kendu Inu

coinfeeds-bot

tldr; Bitfinex CTO Paolo Ardoino has refuted claims by a ransomware group, “FSOCIETY,” that they hacked the exchange and obtained 2.5TB of data and personal details of 400,000 users. Ardoino labeled the hack claims as “fake” and reassured that user funds are secure. He highlighted discrepancies in the hackers' data, noting that Bitfinex does not store passwords or 2FA secrets in plain text. Of the leaked emails, only a fraction matched Bitfinex users, suggesting the data might have been reused across multiple sites. Ardoino also pointed out the hackers' unusual silence, as they did not contact Bitfinex directly, which is atypical for ransomware attacks. Bitfinex has found no evidence of a breach upon reviewing their systems. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Not-Jaycee

Alright, not shilling but it's a dex. Similar to Aerodrome, think of Aerodrome Jr except: - Options trading is coming soon - There is a limited supply, 47% of the circulating supply is currently locked in staking and can only be withdrawn after 30 days - There is a 37 day anti-rug pull timer - Integration to swap with other coins is coming via an update titled Open Ocean - It's at 8m market cap This is my largest bag as I'm betting on the base narrative, DYOR and check out the subreddit, Twitter and discord. Lots of friendly people willing to answer any questions

coinfeeds-bot

tldr; Over the past six months, Dogecoin has seen a significant 27% increase in nonempty wallets, reaching 6.6 million, outpacing the growth of XRP and ADA. This growth indicates rising user adoption and market activity for Dogecoin. Analyst Ali Martinez predicts a bullish future for Dogecoin, citing historical data and pattern breaks that suggest potential surges. The data, provided by Santiment, highlights Dogecoin's growing popularity and investor confidence compared to other major cryptocurrencies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; In Q1 of 2024, venture capitalists invested $2.49 billion into the cryptocurrency sector, marking a 29% increase from the previous quarter. This investment occurred across 603 deals, a 68% rise in deal count, suggesting that Q4 of 2023 might have been the market's low point. Despite a significant rise in Bitcoin prices, venture capital activity in crypto has not reached the levels seen when Bitcoin was over $60,000, indicating a decoupling from past trends where VC investments closely followed Bitcoin's price. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

starts

Wanted to shout out cronos chain and specifically crow with knife (CAW). I've been on the chain since it launched and managed to get in on this meme project early. The team behind the first NFT project on the chain launched it. It spent a while in the 10-20m cap range and then popped off when crypto.com listed it. CDC now own about 25% on behalf of their users and they themselves own about 5% that they bought OTC to form additional liquidity on the main cronos DEX. They've built up 5000+ discord members and 9000+ wallets. It's been a wild ride so far. Been seeing a lot of CT influencers and Dev teams from Solana launching and shifting attention to Cronos the last couple weeks and I'm betting that capital will follow swiftly. As the first and biggest meme coin on the chain it should pop off. Obviously DYOR. It seems there could be big opportunities on cronos in the next couple of weeks, not just this memecoin so worth keeping an eye out. Anyways that's my shill. Keep an eye on cronos and crow with knife, looking forward to seeing what the next couple weeks bring.

Humble_Farmer1

I only see success from here, we have reached a turning point: DYOR https://preview.redd.it/nhqpin3hreyc1.jpeg?width=1170&format=pjpg&auto=webp&s=5e2271ebc972555ee41f7451ee0f04393c430b7c

coinfeeds-bot

tldr; A new paper by Oded Regev has improved Shor's quantum factoring algorithm by extending it to multiple dimensions, reducing the number of quantum operations needed relative to the size of the number being factored. This advancement could potentially make quantum factoring more feasible and efficient, impacting fields reliant on current cryptographic methods. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TheFlamingoPower

Don't let anyone advise you to buy memes, because it's not a good long-term plan... do your research well, look at the safest options for long-term BTC, ETH, BNB, LINK, OCEAN, and learn about the rest along the way. But first DYOR then invest, that's my advice.

coinfeeds-bot

tldr; Bitcoin whales have recently purchased 47,500 BTC, valued at over $2.8 billion, in a 24-hour period, indicating a potential market rebound. This buying spree, combined with favorable technical indicators and historical price patterns, suggests a bullish outlook for Bitcoin. The cryptocurrency had previously dropped to $56,500 but has since risen to $63,309, showing signs of recovery. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; LayerZero Labs introduced a self-reporting mechanism to combat sybil activity, offering sybil users 15% of their planned token allocation if they report themselves within a 14-day period. This initiative aims to ensure token distribution benefits genuine network contributors and not those exploiting the system through sybil farming. Users must connect their wallet and sign a message to confirm ownership, with consequences for those who fail to self-report by May 17. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; In May, several crypto projects including Aavo, Pyth Network, Memecoin, and Starknet are set for significant token unlocks totaling over $2 billion. Memecoin will release 5.31 billion tokens, Aavo will unlock 827.6 million tokens, Pyth Network will release 2.13 billion tokens, and Starknet will unlock 64 million tokens. These unlocks are part of their respective tokenomic strategies involving private sale investors, team members, and ecosystem development. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The DOJ has charged three former executives of the bankrupt crypto firm Cred for their roles in a fraud and money laundering scheme causing customer losses of over $783 million. The accused are former CEO Daniel Schatt, CFO Joseph Podulka, and CCO James Alexander. They allegedly made false claims about Cred's financial practices and solvency, leading to charges including conspiracy, wire fraud, and money laundering. The case is ongoing in the Northern District of California. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Rebellion_Protocol

Sure thing, just stay cautious, rug pulls are common in such small coins. DYOR before investing! Maybe you'll want to check this out: https://www.reddit.com/r/DailyLedger/

coinfeeds-bot

tldr; Canada's financial-crime watchdog, FINTRAC, has imposed a $9.2 million penalty on The Toronto-Dominion Bank for failing to comply with anti-money laundering and terrorist financing measures. The bank did not report suspicious transactions, assess money laundering risks, or monitor high-risk clients adequately, including a politically exposed foreign individual. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin's recent price rebound has led to nearly $100 million in liquidations of short positions across all cryptocurrencies, with $36 million from Bitcoin shorts alone. This surge in Bitcoin's price, which increased by about 5% to $61,911, has caused significant losses for traders betting on a price decline. The market's movement was influenced by various factors including U.S. economic data and geopolitical tensions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Cryptocurrency markets are experiencing a positive trend with Bitcoin surpassing the $60,000 mark. Major cryptocurrencies are showing gains, and Bitcoin's rise is attributed to macroeconomic data and market sentiment. A trader mentioned that if Bitcoin exceeds $67,000, it could potentially reach $88,000. The market has seen significant activity, including a surge in exchange inflows and Bitcoin accumulation by whales. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Friend.tech's cryptocurrency token value dropped by nearly 98% to below $2 from an initial high of $169. The decline followed an updated platform release and an unsolicited token airdrop, raising concerns about the token's sustainability and economic model. The platform's growth has been influenced by trading bots, contributing to market volatility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; A crypto investor lost over $71 million by sending 1,155 Wrapped Bitcoin (WBTC) to a scammer's address due to a poisoned address attack. This phishing method involves scammers creating addresses that mimic legitimate ones, tricking victims into sending funds. The scammer has already transferred the WBTC to various wallets and converted them to Wrapped Ether (WETH). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Franklin Templeton, managing $1.6 trillion, predicts in their report 'Solana: Accelerated Adoption' that Solana will become the third major crypto asset after Bitcoin and Ethereum. Highlighting Solana's growth in fees and decentralized exchange volumes, the report notes its potential in various sectors like decentralized physical infrastructure networks and micropayments. Despite congestion issues, solutions like Firedancer are being developed, indicating strong future prospects for Solana. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Sugar_Wan_GH

he’s sharing this alpha for free - this we believe in. it’s a community we are building organically and if your tiny jeet hands can’t let you HODL a bag, at least🏸 meet the community and engage, DYOR, ask questions, get your Helmet On and work 💯

Humble_Farmer1

I would believe if this pic hadn’t been used thousands of times since last week every time with a different story, just DYOR $Kendu to hedge your bets.

Ok-Western-5799

DYOR and follow narratives Reddit and Medium are great sources of information on crypto projects to follow. Twitter is filled with influencers but you will definitely know a lot about on crypto Cryptoslate, cryptonews etc

coinfeeds-bot

tldr; Ethereum's recent price decline may seem negative, but it is potentially forming a 'cup and handle' bullish pattern, suggesting a future price surge. The pattern requires Ethereum to maintain a critical support level at $2,250 to validate and complete the formation. This setup could lead to a significant bullish breakout, making it a crucial period for investors to monitor and possibly capitalize on Ethereum's market movements. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The meme coin Pepe (PEPE) has recently surpassed Arbitrum (ARB) and Optimism (OP) in global market capitalization, following a significant surge in demand for PEPE's Futures. This increase in demand was triggered by PEPE's listing on Coinbase Futures, which led to a rapid rise in its trading volume, making it the leading meme coin in Derivatives markets. PEPE's price and market cap growth coincided with a general downturn in the crypto market, showcasing its resilience and popularity among traders. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin's valuation has been declining, recently dropping below $60,000, but it has started to recover, approaching $62,000. The first day of net outflows from BlackRock's Bitcoin ETF indicates a shift in market dynamics. Historically, the 100 days following Bitcoin's halving event have been volatile, and current economic conditions suggest that interest rate cuts, which could boost Bitcoin, are unlikely soon. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Netherlands' Fiscal Information and Investigation Service (FIOD) arrested a founder of ZKasino on charges of fraud, embezzlement, and money laundering. Over 11.4 million euros in assets, including real estate, luxury vehicles, and crypto, were seized. The arrest followed a criminal probe initiated due to suspicious activities on platform X and intelligence from FIOD. The suspect's detention has been extended for further investigation, and efforts are ongoing to refund the victims of the scam. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; An unknown trader lost $68 million in Wrapped Bitcoin due to an address-poisoning scam. The scam involves tricking victims into sending digital assets to fraudulent addresses. The victim's wallet, identified as '0x1E,' lost over 97% of its assets in this scam, as reported by Cyvers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; A surge in fake gold scams in China highlights Bitcoin's advantages as an investment asset. The Chinese government's website, Credit China, reported a significant increase in scams involving fake gold, particularly 999 gold. This issue underscores the risks of physical gold investments, especially online, where buyers cannot verify authenticity easily. In contrast, Bitcoin, often called digital gold, offers traceability and counterfeit protection through its public ledger, making it a more secure and convenient option for modern investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; PayPal has partnered with MoonPay to enable U.S. users to purchase Shiba Inu tokens directly through its platform. This integration allows users to buy over 110 cryptocurrencies, including Shiba Inu, using their PayPal balances or linked payment methods. The service simplifies transactions from fiat currencies to cryptocurrencies and is planned to expand to the UK and EU markets soon. Additionally, MoonPay plans to enable the sale of cryptocurrencies through PayPal in the U.S. by the end of the year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Approximately 23,000 Bitcoin options and 330,000 Ethereum options are set to expire today, with a combined value of about $2.4 billion. The Bitcoin options have a put/call ratio of 0.49 and a max pain point of $61,000, while Ethereum options have a put/call ratio of 0.36 and a max pain point of $3,000. This significant expiry event could potentially impact market sentiment and prices. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin Spot ETFs launched in Hong Kong have seen significant interest, with over $292 million in assets on the first day, surpassing initial projections. Bloomberg analyst Eric Balchunas highlighted the strong start despite the smaller market size compared to the US. He noted that Ethereum spot ETFs captured 15% of the market share. Despite a slowdown in the US market, the successful launch in Hong Kong could potentially offset the outflows experienced in the US. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Trezor, a crypto hardware wallet manufacturer, announced the discontinuation of the coinjoin feature in its Trezor Suite, effective by June 1, 2024. This decision follows the end of their partnership with zkSNACKs, developers of Wasabi Wallet, who will no longer provide the coinjoin service. Coinjoin is a privacy tool that obscures Bitcoin transaction details. Despite this, Trezor assures that funds in Coinjoin accounts will remain accessible, and zkSNACKs will continue offering other privacy features. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Nas Daily, a video producer, featured Binance CEO Changpeng Zhao and FTX founder Sam Bankman-Fried in videos. Zhao admitted to violating U.S. anti-money laundering laws, resulting in a $4.3 billion fine for Binance. Amidst controversy, Nas Daily removed the video of Bankman-Fried following his company's bankruptcy speculations. Despite these issues, experts predict positive developments for the cryptocurrency industry, including a potential bull run and ETF approvals. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Michael Saylor, CEO of MicroStrategy, praised Bitcoin as the superior cryptocurrency, emphasizing its unique position as the best asset for capital appreciation in an inflationary environment. During his keynote at 'MicroStrategy World: Bitcoin for Corporations,' Saylor highlighted Bitcoin's proof-of-work-based consensus as a key differentiator from altcoins. He also noted the uncertain future of Ether ETFs compared to Bitcoin ETFs, reinforcing Bitcoin's status as a non-security commodity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Tether, the issuer of the USDT stablecoin, has partnered with Chainalysis to enhance transaction surveillance on secondary markets. This collaboration aims to ensure compliance with international sanctions and detect illicit transfers potentially linked to activities like terrorist financing. The move is part of Tether's efforts to boost transparency and security amid increasing regulatory scrutiny over allegations that USDT has been used to circumvent sanctions and facilitate illicit finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Michael Saylor predicts that the SEC will classify Ethereum (ETH) as a security and reject all spot Ethereum ETF applications. He also expects similar security classifications for other major cryptocurrencies like Binance Coin, Solana, Ripple, and Cardano. Saylor emphasized Bitcoin's unique status as the only crypto asset fully accepted by institutional investors, contrasting it with other cryptocurrencies which he believes will not gain such acceptance or be wrapped by a spot ETF. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

nakasatoshi

No one can predict exactly how Bitcoin price will ride. All information is for observation and process by yourself. DYOR

coinfeeds-bot

tldr; Saakuru Labs has partnered with GameGPT to revolutionize blockchain gaming by integrating GameGPT's AI engine into the Saakuru protocol. This collaboration aims to enhance the development and release of high-quality blockchain games, offering rapid deployment and optimized gaming experiences. The partnership is also set to democratize the blockchain gaming space, making it more accessible and reducing costs and development times significantly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The Arbius network is set for a major upgrade to enhance its functionality and economic model, including a halvening of miner emissions. The upgrade involves updates to both contract and miner software, introducing new incentives for task creators and technical adjustments for miners. These changes aim to optimize the mining process, increase network participation, and improve the integrity of the voting process. The deployment will first occur on a test-net before the main-net to ensure stability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin recently closed below the realized price of short-term holders (STH), a critical on-chain level indicating the average cost basis of these investors. This level has historically acted as support or resistance, influencing market trends. The failure to reclaim this level could be detrimental for Bitcoin's value. Currently, Bitcoin has managed to climb back above this level, trading above $59,300, showing a positive sign, though it's uncertain if this recovery will sustain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The Fantom Foundation is launching a $6.5 million prize pool to promote the development of safer memecoins on its network. The initiative aims to ensure a democratic distribution of tokens, prevent concentration among few holders, and involve the Foundation in controlling startup liquidity. Measures include a token supply split, with part locked in a multi-sig wallet and the majority placed in an FTM paired liquidity pool, supported by the Foundation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Despite a strong start to the year, Bitcoin ETFs have recently experienced more outflows than inflows, with a record outflow recorded recently. The total assets managed in spot Bitcoin ETFs are about 827,982 BTC, accounting for approximately 4.22% of the total BTC supply. The Grayscale Bitcoin ETF has seen significant withdrawals, leading to a drop in its market share from over 90% to 35%. This trend raises concerns about the future appeal of the BTC ETF market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; zkSNACKs has implemented a ban on U.S. citizens and residents from accessing its websites, downloading, and using Wasabi Wallet and its related services. This decision follows recent directives from U.S. authorities and includes blocking IP addresses from the U.S. on relevant zkSNACKs websites. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; XRP's struggle to reach a $0.60 price target is hindered by crypto whales transferring large amounts of XRP to exchanges like Binance, potentially for sale. This activity increases the supply on exchanges, creating downward pressure on the price. Despite these challenges, XRP has shown some resilience, managing minor gains and maintaining support levels above $0.50. However, the frequent large deposits by whales suggest a possible sell-off, complicating the recovery to the $0.60 level. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; A mother and son duo livestreamed on Kick, urging viewers to invest in their meme coin, LIVEMOM, by performing degrading acts and sexualizing the mother's actions to increase the token's market cap. The livestream ended abruptly, and they deleted their social media accounts, leading to a crash in the token's price. However, the token's value later increased as traders were drawn to the 'lore' of LIVEMOM. The authenticity of their relationship and the boy's age remain unconfirmed, and it's suspected they may have executed a cryptocurrency rug pull. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Pantera Capital, managing over $5 billion in assets, has invested in The Open Network (TON), a layer 1 blockchain. This investment reflects Pantera's confidence in TON's potential to expand crypto adoption via Telegram's vast user base. TON, initially developed by Telegram and rebranded after legal issues with the SEC, has evolved into a significant web3 ecosystem. It now supports revenue sharing with channel owners and facilitates advertising payments in TON. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; US Senators Elizabeth Warren and Angus King have expressed concerns about Iran's cryptocurrency mining activities, highlighting its potential to evade US sanctions and pose a national security threat. They noted that crypto mining has become so significant in Iran that it has strained the country's energy grid, leading to temporary suspensions of mining activities. The senators also mentioned Iran's history with crypto money laundering and its ties to ransomware operations using digital assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The Bitcoin whale known as 'Mr. 100' has purchased Bitcoin for the first time since the recent halving, buying 2,500 BTC at around $58,000 each. This acquisition, the first since April 19, 2024, increases the whale's holdings to over 61,053 BTC, making it the 12th largest Bitcoin holder. Market analysts suggest that this could indicate that the local Bitcoin bottom might be in, as the price has rebounded from recent lows. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Crypto billionaire Justin Sun highlighted the importance of community engagement, a fair launch, and active holder participation for the success of memecoins like Shiba Inu. At Token 2049, Sun praised Shiba Inu for its vibrant community and significant growth, which was further supported by a fair token launch allowing major crypto exchanges to list it. He also noted the importance of long-term dedication for any crypto project's success. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HBAR_10_DOLLARS

More info on EDF use case. Cc /u/kazkdp https://hedera.com/blog/edf-redex-and-rekursive-labs-collaborate-on-proof-of-concept-for-automating-renewable-energy-certificates-transactions-using-hedera DYOR. Hedera is going to shock the entire crypto market.

coinfeeds-bot

tldr; MoonPay has partnered with PayPal to offer a new fiat-to-crypto transaction service for US customers. This integration allows PayPal users to buy crypto directly on MoonPay using various payment methods, enhancing convenience and reducing entry barriers for new crypto users. The service supports over 110 tokens and does not require additional account setup. It is currently available to US consumers and will expand to MoonPay's partner networks by mid-2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Despite recent pullbacks in Bitcoin's price, a prominent Bitcoin trader known as 'Titan of Crypto' insists that the bull market is not over. He analyzed the BTC/USD daily chart, highlighting significant momentum in Bitcoin's uptrend. He pointed out key indicators and price actions, suggesting that the bullish trend will continue until specific moving average lines cross. This analysis comes after Bitcoin dropped below $60,000, following a new all-time high of $73,794 in mid-March. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; CryptoQuant warns that Bitcoin miners may face capitulation if prices do not recover significantly during the summer. Despite the current price drop below $58,000, major miner capitulation has not started yet. Miners with efficient equipment like ASIC models S19 and S21 are still profitable, but those using older models may face losses due to higher electricity costs. The situation will depend on future network hashrate and price changes, with potential increased selling pressure if recovery does not occur. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Wiley Nickel and Drew Ferguson introduced the Providing Tax Clarity for Digital Assets Act, aiming to simplify the taxation of digital assets by taxing staking rewards only when they are sold, not when received. This bipartisan initiative seeks to eliminate double taxation, promote U.S. leadership in digital asset tax treatment, and foster innovation. The crypto community has responded positively, seeing this as a move towards a fairer tax environment and encouraging compliance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin's recent price movements have created uncertainty in the market. Despite a breach of the $59,000 support level and a $120 million liquidation of long positions, the absence of significant negative funding ratios suggests the futures market may not have fully capitulated. A potential head-and-shoulders pattern indicates a possible drop to $54,000. Currently, Bitcoin trades at $57,628.63 with robust trading volume, indicating sustained market interest. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Roger Ver, known as 'Bitcoin Jesus' for his early adoption of bitcoin, has been indicted in the U.S. on charges of mail fraud, tax evasion, and filing false tax returns. He was arrested in Spain and the U.S. is seeking his extradition to face trial. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin experienced a surge in price following the Federal Reserve's decision to maintain steady interest rates, but the gains were not sustained, leading to a quick retraction. Despite this, Bitcoin's dominance in the market has decreased as altcoins begin to show signs of recovery, with notable gains in Solana, Ripple, and others. The total cryptocurrency market cap has also rebounded significantly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; In April, the total value locked (TVL) in decentralized finance (DeFi) applications decreased by $10 billion, a 7% drop, ending the month at $138.6 billion. Among the top blockchains, Avalanche experienced the largest decline with a 31.5% reduction in TVL, while Solana's TVL also fell nearly 30%. Despite a 14.2% decrease, Ethereum continues to hold about 69% of the total DeFi TVL. Conversely, Base and Bitcoin saw increases in their TVL, with Bitcoin's rising by almost 39% due to new Layer-2 infrastructure. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Bitcoin fell below $57,000 in April, marking its lowest point since February and its worst monthly performance since November 2022. The overall crypto market capitalization also dropped nearly 7%. This downturn is attributed to market caution amid fears of stagflation in the U.S., characterized by high inflation and constrained economic growth. The Federal Open Market Committee's upcoming rate decision is highly anticipated as it could influence the economic landscape and the trajectory of Bitcoin and other cryptocurrencies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; FkBiden, a new cryptocurrency, launched on April 26, 2024, aims to challenge the status quo by merging satire with blockchain technology. The project focuses on equitable token distribution, preventing disproportionate accumulation, and ensuring project stability through strategic marketing and collaborations with influencers. It seeks to establish itself as a significant player in the cryptocurrency market, with aspirations to become a multi-billion dollar meme coin phenomenon. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Anvil Protocol is launching its mainnet with the ANVL token, designed as a decentralized governance tool for DeFi. ANVL, an ERC-20 token, will have a total supply of 100 billion, minted at genesis. A snapshot at Ethereum block 20,000,000 will determine eligibility for a free ANVL claim, based on AMP collateral supplied. Post-snapshot, addresses must prove activity within 12 months to claim tokens. ANVL will be subject to a 48-month vesting period starting 12 months post-snapshot. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The SEC is likely to approve leveraged ETH futures ETFs despite an ongoing investigation into whether Ethereum is an unregistered security. This decision comes amidst confusion over the SEC's classification of Ethereum, as it simultaneously delays decisions on spot Ethereum ETFs. The approval of leveraged ETFs, which are seen as riskier, contrasts with the SEC's cautious approach to spot ETFs, adding to the complexity of the situation regarding Ethereum's regulatory status. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

FarmERN22

DYOR into $KENDU and you will flip bullish. The market always does this post halving find your conviction plays and ride it out!

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tldr; Aave Labs proposes a strategic plan for Aave's development up to 2030, focusing on enhancing its position in the DeFi space. The plan includes the introduction of Aave V4, innovations in cross-chain liquidity, and the adoption of real-world assets with GHO. Aave aims to scale its ecosystem, improve user experience, and maintain its market leadership through continuous innovation and community involvement. The proposal also outlines a three-year technical contributor grant with annual reviews to ensure alignment with Aave DAO's objectives. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The memecoin sector is experiencing a resurgence, as evidenced by the platform Pump.fun, which allows users to easily create memecoins with minimal fees and no seed liquidity. Pump.fun's revenue reached over $5 million in under two months, with daily revenues peaking in early April. Despite a slowdown in revenue and a drop in the GMCI MEME index during April, both Pump.fun's revenue and the index showed signs of recovery towards the end of the month, indicating a renewed interest in memecoins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Reasonable-Ad8101

Why this is a scam? lol because you don’t like ? Grow up and DYOR

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tldr; The Federal Reserve decided to maintain its key interest rate, impacting the crypto market as Bitcoin and Ethereum prices fell by 4.6% and 1.3% respectively. Despite a slight recovery in the hour following the announcement, concerns about persistent inflation and its impact on interest rates continue to influence market sentiment. The Fed's decision reflects ongoing efforts to manage inflation towards a 2% target, amidst economic indicators suggesting that rate cuts may not occur soon. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Eminem has become a brand ambassador for Crypto.com, leading to a significant price surge in Cronos (CRO), the exchange's native token. Following the announcement, CRO's price increased by 2.99% to $0.1331 with a market cap of $3.52 billion. This partnership adds to Crypto.com's history of high-profile endorsements and sports sponsorships, including a previous campaign with Matt Damon and naming rights for the Crypto.com Arena. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Elliptic, a blockchain forensics firm, has discovered a new pattern of Bitcoin money laundering after training a machine learning model with nearly 200 million transactions. The model identified 'subgraphs' of transactions indicative of money laundering, confirming 14 out of 52 suspected cases linked to users previously flagged for potential illicit activities. This research, conducted in collaboration with MIT-IBM Watson AI Lab, builds on Elliptic's initial findings from 2019. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; In April, crypto protocols experienced a significant reduction in losses due to exploits, totaling $25.7 million across three major incidents, marking a 141% decrease from March. This decline is attributed to fewer private key compromise incidents, which dropped from eleven in March to three in April. The largest exploit involved FixedFloat with losses around $3 million. Additionally, exit scams decreased by 40%, with 13 reported in April, and flash loan attacks resulted in the lowest monthly losses since February 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Securitize, a firm specializing in real-world asset (RWA) tokenization, has raised $47 million in a funding round led by BlackRock. The round also saw participation from Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The funds will be used to expand Securitize's blockchain technology applications in digitizing capital markets. Additionally, BlackRock and Securitize recently collaborated to create a digital liquidity fund, potentially focusing on RWA tokenization. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Rapid Addition and Chainlink are collaborating to develop a FIX-native blockchain adapter for institutional digital asset trading. This adapter, powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP), will enable banks and financial institutions to interact with a variety of tokenized assets using existing trading infrastructure. The integration aims to facilitate seamless and secure blockchain-based transactions, leveraging the FIX protocol's alignment with global financial regulations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Synternet announces that Injective's data streams are now available on its Data Layer, enhancing real-time, low-latency data access for DeFi builders. This integration, facilitated by Stakin, allows market makers and dApp developers to subscribe to Injective's .mempool and .proposed-block data streams, providing crucial insights for timely market analysis and application development. The collaboration is part of a strategic partnership within the Cosmos ecosystem, aiming to improve DeFi functionalities and market responsiveness. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The article discusses the top 8 DePIN (Decentralized Physical Infrastructure Networks) crypto mining projects for May 2024, aiming to help readers maximize their passive income and investments in the DePIN sector. It also mentions the availability of discount codes for these projects. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ShmooDood

https://docs.google.com/spreadsheets/d/e/2PACX-1vRFooUlfhGKYHJTH_x22nETqPehwOSb0MYJ7EYQfkMDp2Ii_APynlwMb89huQcpNg/pubhtml ^ Google doc link with all recent articles discussing the quantum threat! Making it as easy as possible to DYOR

YouKhanSeeMe

Check out the Kendu Inu subreddit and DYOR 👍

lostparanoia

That's great. Crypto and risk assets in general are all about liquidity anyway. Temporary Fed hawkishness only means short term volatility. Longer term, the US, China and others are printing more and more money to pay the skyrocketing interest on their debt, which means insane amounts of liquidity will continue to get injected into the system. I think right now is a fantastic buying opportunity. This is not financial advice though. DYOR. ;)

ApenasDK

This project is definitely worth checking out! The community takeover story is interesting, and the marketing strategy with a focus on Reddit and influencer outreach seems promising. The visuals are also on point, which is important for a meme coin. DYOR, but this could be a moonshot.

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tldr; Tether Holdings Limited reported a record Q1 profit of $4.52 billion for 2024, a 56% increase from the previous quarter's $2.9 billion. This growth was primarily driven by investments in Bitcoin, gold, and US Treasuries. The company's net equity also rose to $11.3 billion, with $6.4 billion in excess reserves. Additionally, Tether issued over $12.5 billion in USDT, with 90% backed by cash and equivalents, ensuring liquidity for its stablecoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Over $479 million was liquidated from 141,808 crypto traders in a single day as Bitcoin's price dropped by 9% to $56K. The largest single-trader liquidation was $6 million on the OKX exchange. Despite the significant losses, market analysts remain optimistic about a potential bullish recovery in the crypto market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The price of Binance Coin (BNB) is experiencing volatility as its founder, Changpeng Zhao, awaits sentencing for violating U.S. money laundering laws. Prosecutors are seeking a three-year prison term, arguing that Zhao's actions were egregious and deserve a strong deterrent. Zhao's lawyers requested probation, citing his guilty plea and a $50 million fine already paid. The judge will consider arguments before delivering the sentence today. BNB's price currently stands at $591.9 USDT, reflecting a 1.38% decline. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Pike Finance, a decentralized finance protocol, suffered a $1.6 million loss due to a vulnerability in its USDC transfer functions. The exploit occurred across Ethereum, Arbitrum, and Optimism platforms, involving the theft of various cryptocurrencies. The vulnerability was linked to weak security in functions managing USDC transfers, specifically in the burning and minting process across chains, which allowed attackers to manipulate data and withdraw funds. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Bitcoin (BTC) reached an all-time high of approximately $73,000 in March but has since declined sharply to between $57,000 and $62,955. Factors contributing to this dip include reduced demand, increased selling by miners, bearish market sentiment, and unfavorable technical indicators. Speculation arises whether the bull cycle has peaked and what the future holds for Bitcoin, with potential further drops to the mid $30,000 range considered. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The article discusses the recent instability in Bitcoin's value and the Japanese Ministry of Finance's unsuccessful attempts to stabilize the Yen, highlighting the broader economic implications. Despite a $35 billion intervention, the Yen continues to fall, questioning the effectiveness of such currency interventions. The article also explores Bitcoin's role as a potential hedge against economic uncertainty, suggesting it as a unique asset class amidst global financial volatility and central bank policies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Roger Ver, known as 'Bitcoin Jesus' and an early Bitcoin investor, was indicted by a federal grand jury on charges of mail fraud and tax evasion. Arrested in Spain, the U.S. seeks his extradition. Ver allegedly owes the IRS at least $48 million for unreported income from Bitcoin transactions. Despite renouncing his U.S. citizenship in 2014, he failed to report capital gains and pay an exit tax on his assets, including over 131,000 Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MurkySide750

Every bullrun people miss out because they are scared to buy when the market is down or they panic sell. Buying $KENDU now is like buying $SHIB in 2020, DYOR and find out why.

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tldr; Celsius Network, a cryptocurrency lending platform, has burned 652.2 million CEL tokens, which is 94% of the total supply, valued at approximately $83.2 million. This action, part of their bankruptcy reorganization plan, reduced the circulating supply to 40.6 million CEL. The burn could potentially increase CEL's market value due to reduced supply. Following the burn, CEL's price saw a 5% increase, although it later fell by 5.3% in line with broader market declines. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; SolForge Fusion, a collectible deck-builder game developed by Stone Blade Entertainment, is set to launch into Web3 with support from Animoca Brands, Solana Foundation, and MatrixPort. The game, co-created by Richard Garfield and Justin Gary, will allow players to mint algorithmically generated decks as tradeable digital assets and earn through rare unlocks. A token and NFT launch is planned for early June 2024, introducing specialty decks and weekly drops, enhancing player ownership and community engagement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

JDovah

There were articles saying it was going to drop to $10k and below back in 2022. Don’t believe what articles say, and this goes both ways, cause there’s articles saying it will go to $500k too for example. Best way to invest is DCAing, and always remember to DYOR as well. I would hold it if I were you, but it’s your choice at the end of the day.

AdventOfWonder

It’s good to be skeptical and one Reddit post isn’t enough to fully DYOR on a project. Kendu Inu’s dev talks on YouTube cover the dev’s philosophy and ethos. I could be wrong, but here’s the logic I’ve been following: - Kendu’s dev was a SHIB OG - SHIB’s dev is good buddies with Kendu’s dev - SHIB is still around and thriving for its second bill run - This was by design - Kendu’s dev structured Kendu to be a slow mooner (hence all organic and no paid callers) - If Kendu’s dev is basing his strategy for building Kendu using the same principles as SHIB and planning a partnership with SHIB’s dev (which is true) then Kendu is likely a long term play

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tldr; Luke 'Kayaba' Parker has detailed the development of Full-Chain Membership Proofs (FCMPs) on the Monero website. These proofs aim to enhance privacy by expanding the anonymity set from 16 to potentially the entire blockchain. Two versions are being developed: one for the upcoming Seraphis upgrade and another, FCMP++s, which includes features like transaction chaining and forward secrecy. This initiative is significant for privacy without requiring a full protocol migration, and contributions from the academic and development communities are encouraged. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.