🚨Crypto Drama Alert!🚨 Normie (NORMIE) took a 99% nosedive after an exploit manipulated its total supply, draining its liquidity pools. The culprit? A so-called tax function in the token's contract. But plot twist! The attacker offered to return 90% of the stolen funds if Normie devs agreed to relaunch the project.💰

The attacker's on-chain message read, "I offer to return 90% of the exploited ETH, keeping 10% as a bug bounty (with no reprisals). One condition: it, and the 600 ETH in the dev wallet, are used to fairly launch a new token that is used to reimburse NORMIE holders." 📜

The Normie devs accepted the offer, marking one of the first instances of an attacker keeping a project relaunch as a condition to return funds. But not all is rosy - one NORMIE investor saw their $1.6 million investment shrink to just $150 in seconds.💔

What's your take on this? Is the attacker a villain or a vigilante? And what about the investor who lost big? Let's discuss! #CryptoDrama #NormieToken

🔥Hot off the press! Trump vows to commute Silk Road founder Ross Ulbricht’s life sentence if re-elected. "He's served 11 years, we're gonna get him home," he declared at the Libertarian National Convention. The crowd went wild! 🎉

Earlier, Trump praised the crypto industry on Truth Social, stating, "Our country must be the leader in the field. There is no second place." He's determined to prevent Biden's "slow and painful death" of the crypto industry.

Ulbricht, sentenced to life for creating Silk Road, has become a martyr in the crypto community. Trump's promise to free him was met with cheers and "Free Ross" signs.

Trump also promised to "stop Joe Biden’s crusade to crush crypto" and ensure the future of crypto and bitcoin will be made in the USA. He's even accepting crypto donations for his campaign!

What do you think about Trump's crypto-friendly stance? Let's chat in the comments! #CryptoNews #Trump2024

🚀Trump's crypto love affair is heating up! He's not just flirting with the idea, he's all in, declaring "Our country must be the leader in the field, there is no second place." 💪

Trump's pro-crypto stance is causing waves in Washington, with his campaign now accepting crypto donations. He's the first major party candidate to embrace Bitcoin, Ether, and other digital currencies. Talk about a game changer! 🎉

But wait, there's more! Trump's crypto enthusiasm seems to be thawing the Biden administration's frosty stance. The White House recently expressed opposition to a crypto market structure bill, but stopped short of threatening a veto.

And guess what? The House approved the measure, and it's now heading to the Senate. Plus, Ether ETFs are one step closer to becoming available in the U.S. after the SEC approved key regulatory filings.

What do you think? Is this a turning point for crypto in the U.S.? Share your thoughts below! #CryptoNews #TrumpCrypto 📈🔥

🚀Artist Mike Winkelmann, aka Beeple, had his life turned upside down when his 14-year-long digital art project was auctioned as a single NFT by Christie's. The auction saw his net worth skyrocket into millions, marking a significant moment for blockchain technology and the metaverse.🎨

Beeple's journey began in 2007 with his "Everydays" series, which eventually gained him a cult following. His unique style, combining tech dystopias with celebrity culture, was encapsulated in his computer, which he used to create and store his digital art.

In 2020, Beeple ventured into the NFT marketplace, selling his artworks for thousands of dollars. His success signaled a potential avenue for monetizing digital art, building on the online collectibles market initiated by Dapper Labs and Larva Labs.

In a historic moment, Beeple's 14-year-long art project was auctioned as a single NFT by Christie's. The auction attracted crypto billionaires and marked a significant moment for the blockchain industry.

What's your take on Beeple's journey and the impact of NFTs on the art world? Let's discuss in the comments! 🎉👇

🚀 BitGo, the cryptocurrency custodian, is back in the game! The Delaware Supreme Court has given BitGo a fresh chance to sue Galaxy Digital over their failed $1.2 billion merger agreement. BitGo is seeking $100 million in damages, alleging Galaxy intentionally breached the agreement.

🔍 The initial dismissal was based on Galaxy's claim that BitGo provided "non-compliant" financial documents. But the Supreme Court found the definition of "financial statements" in the agreement was ambiguous.

🎯 What's your take on this? Do you think BitGo has a valid case? Or is Galaxy in the right? Let's discuss in the comments! #CryptoNews #Blockchain #BitGoVsGalaxy

🚀Big news for the U.S. crypto industry! The House's bipartisan passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) brings regulatory clarity within sight. But wait, there's a twist! 🔄

FIT21 creates a bifurcated market for crypto tokens, distinguishing between "restricted digital assets" and "digital commodities". This could lead to a fragmented landscape and first-of-its-kind compliance complications.

The bill attempts to codify the impractical test of whether a crypto token is a security based on its degree of decentralization. This could disrupt the fungibility of crypto tokens, impair liquidity, and stifle innovation in the industry.

FIT21 also allows for concurrent trading in restricted and unrestricted assets, which could lead to disjointed markets in the U.S. indefinitely. This could create an "American-only" crypto market separate from global digital asset markets, reducing the utility and value of every relevant project.

So, what's the solution? Lawmakers must refine the bill to unify spot markets for fungible crypto tokens that are not otherwise securities.

What are your thoughts on FIT21? How do you think it will impact the U.S. crypto industry? Let's discuss! #CryptoNews #FIT21 🧐🗨️

🚀🎉 Big news! The U.S. SEC has given a green light to rule changes for exchange-traded funds (ETFs) holding Ethereum's native token, ETH! This unexpected move has left many in the crypto world pleasantly surprised, given the previous skepticism around its approval.

So, what's the deal? SEC Chairman Gary Gensler has indicated a shift in approach, following court interpretations of the law. This decision could be a game-changer for Ethereum, potentially driving more institutional interest and user engagement.

But wait, there's more! The approval of these ETFs could also mean a significant boost for Ethereum's market position. With the possibility of these funds buying up large quantities of ETH, the economics of ETH could be strongly supported.

What about other cryptos? This move could open doors for alternative chains like Cardano, Solana, and Ripple to step further into the world of high finance.

What are your thoughts on this? Does this spell a new era for Ethereum and other cryptos? Let's discuss in the comments! 🚀🎉 #Ethereum #CryptoNews #SEC #ETFs

🚀Marathon Digital, a leading Bitcoin mining company, is partnering with Kenya's Ministry of Energy to boost the country's energy infrastructure with a whopping $80M investment! The goal? Monetizing underutilized energy and developing tech projects together.💡

The investment will be directed towards green data centers, with foreign investments expected to exceed $80M. This venture is set to deliver economic benefits to Kenya and generate revenue for the local energy sector.🌍

Renewable energy is Kenya's main power source, accounting for 80% of all electricity generation in 2022, with plans to increase to 100% by the end of the decade. Marathon and Kenyan policymakers will cooperate to optimize renewable energy projects that produce surplus energy.🌞

Marathon shares traded 6% higher at around $21 on Friday, outperforming BTC's 1% advance over the past 24 hours.💰

What do you think about this partnership? How will it impact the crypto market? Share your thoughts in the comments!👇 #CryptoNews #Blockchain #RenewableEnergy

🚀Crypto lawyer Gabriel Shapiro's MetaLeX, a hybrid law firm/tech company, has raised $2.75M at a $27.5M valuation! MetaLeX is focused on the governance challenges crypto projects face when decentralizing.👨‍⚖️💼

🔧MetaLeX is designing standardized, smart contract-based processes for DAOs to run themselves on-chain. In MetaLeX lingo, this is called a Cybernetic Organization, or BORG. It's like a cyborg equivalent for legal entities, governed by hard-coded, smart contract-enforced rules.🤖⚖️

🔜Their first product will be an operating system for DAOs to BORGify their governance decision processes. Crypto projects are already lining up to join the waitlist for MetaLeX OS, including two "blue chip" projects!📈💡

🗣️Let's discuss: How will MetaLeX's approach to governance impact the future of decentralization? #crypto #blockchain #governance

🐶🚀 Dogecoin (DOGE) and Shiba Inu (SHIB) had a brief price spike after Elon Musk's tweet about Kabosu, the dog that inspired these meme coins, passing away. DOGE surged 5% to 17.3 cents, while SHIB jumped 3%. Although these gains were short-lived, DOGE was still up 6% and SHIB 1% over the past 24 hours, outperforming the mostly flat CoinDesk 20 Index.

This highlights Musk's influence on memecoins, sparking speculation about his potential involvement with DOGE and its possible integration into an X payment system.

Kabosu, the face of DOGE and other meme tokens, was over 17 years old. Let's honor her legacy in the comments below! #RIPKabosu 🌈

🔥Hot off the press! Coinbase is pushing for a higher court to examine a key question in its legal tussle with the SEC. The question? Whether a digital asset transaction with no obligation to the original issuer is an investment contract regulated by the SEC. 🤔

Coinbase's lawyers filed for an interlocutory appeal after their attempt to dismiss the SEC's enforcement case was turned down. The exchange argues that this is a "novel legal question" that could shape a multi-trillion-dollar industry. 💼🚀

However, the SEC isn't buying it, stating that Coinbase hasn't made its case. The court must accept the request for appeal before it can proceed. This could be a game-changer for other SEC enforcement clashes with the industry. 🏛️

Coinbase also lost a U.S. Supreme Court argument on arbitration disputes this week. Tough times, but the crypto giant is not backing down! 💪

What are your thoughts on this? Do you think Coinbase's appeal will be accepted? Let's discuss in the comments! #CryptoNews #CoinbaseVsSEC

🚀 Ether.fi is on a roll! Almost $1 billion worth of ether (ETH) has been deposited in the past 10 days, pushing its total value locked (TVL) to a record high of $5.4 billion.

📈 The protocol's native token is up by a whopping 41% in the past week, outperforming CoinDesk's CD20 Index.

🎯 Investors seem to be betting on the Ethereum ecosystem and the potential of staking being incorporated into future ETF products.

💬 Ether.fi's CEO, Mike Silagadze, believes it's only a matter of time before ether ETFs start implementing staking and restaking to generate yields for shareholders. He also thinks that the SEC's approval will help shift the narrative around Ethereum and smart contracts.

🔥 What's your take on this? Do you think staking could be the next big thing in the crypto world? Drop your thoughts below! #CryptoNews #Ethereum #Etherfi

🚨#CryptoNews: UK police seized a whopping £1.7B ($2.2B) worth of #Bitcoin in a 2018 operation linked to a massive fraud case! 🚔💰

Jian Wen, a British-Chinese woman, has been sentenced to over 6 years in prison for laundering Bitcoin related to this $6B fraud in China. 🏛️💼

Wen was accused of converting the Bitcoin into cash and splurging on luxury items. She claimed innocence, stating she was merely managing a Bitcoin wallet for her boss and was unaware of its illicit origins. 🤷‍♀️💼

The judge, however, was not convinced and labeled the offense as "sophisticated and involved significant planning." 🏛️👩‍⚖️

What are your thoughts on this case? Do you think Wen was a knowing accomplice or an innocent pawn? Share your thoughts below! 👇💭 #CryptoCrime #BlockchainNews

🚀Standard Chartered predicts Solana and Ripple's XRP could be next in line for spot ETFs, but not until 2025, says analyst Geoffrey Kendric. With the recent approval of a key filing for a spot ether ETF, the crypto community is buzzing about which coin could be next.🔮

📈While Bitcoin and Ether continue to dominate, SOL and XRP are potential "next in line" winners. However, the SEC's approval process could take weeks, months, or even indefinitely. So, patience is key, crypto enthusiasts!🔑

🎯Several experts suggest SOL as a logical choice for a third ETF, given its similarities to Ethereum. Solana is currently the third largest cryptocurrency by market cap, excluding stablecoin Tether and Binance Coin.

What are your thoughts? Which coin do you think will be the next ETF? Drop your predictions below!👇 #CryptoNews #ETFs #Solana #Ripple

🚀OKX, the third-largest crypto exchange, has withdrawn its application to operate in Hong Kong. They join a growing list of applicants pulling out of the approval process.

🔍"After careful consideration of our business strategy, we've decided to withdraw OKX HK's VASP license application at this time," the exchange announced.

📉By May 31, OKX will stop providing centralized virtual asset trading services in the territory. Post that, customers will only be able to withdraw their funds.

👀Earlier this month, other applicants including Huobi Hong Kong, also withdrew their applications with the Securities and Futures Commission.

🔔Crypto.com and Bullish, the owner of CoinDesk, are among major crypto exchanges currently having their licenses reviewed by the regulator.

🎯So far, the SFC has approved only two exchanges, the last in 2022.

What's your take on this? Is it a strategic move or a sign of regulatory pressure? Let's discuss! #CryptoNews #OKX #Blockchain

📣 Crypto fam, buckle up! 📈📉 SEC's approval of spot ether ETF filings hasn't sparked a rally in crypto prices yet. BTC is down 3.4% to $67,400, ETH down 4.5% to $3,700. The broader digital asset market (CD20) has lost over 3.3%. Ether ETFs are still waiting for the green light. 🚦

BTC and ETH saw wild swings ahead of the SEC's ETF decision. ETH dipped to $3,500, then surged to $3,900. BTC sank below $66,500, then spiked to $68,300. Over-leveraged traders got a shock with a sudden price plunge causing liquidations worth over $350M. 😲

In other news, Kabosu, the Shiba Inu dog who inspired DOGE, has passed away at 17. DOGE, initially a joke currency, sparked a wave of dog-themed tokens like SHIB and FLOKI, now a major industry sector. 🐕💔

Lastly, the heatmap shows a rare instance of nearly $150M in ether futures being liquidated, double BTC's amount. This follows record open interest and volatility around the ETF event. 🔥

Thoughts on the SEC's ETF decision impact? What's your take on the future of dog-themed tokens? Let's chat in the comments! 💭 #CryptoNews #Blockchain #Bitcoin #Ethereum #Dogecoin

🔥Hot off the press! Despite the approval of several Ether exchange-traded funds (ETFs) for listing on U.S. exchanges, Bitcoin and Ether prices took a hit in the past 24 hours. Ether, which had been on a 20% rise, fell 4% post-approval. 📉

But don't fret! Traders are optimistic about a significant influx of institutional capital into the Ether market in the long term. Remember, it's often a "buy the rumors, sell the facts" scenario. 📈

The U.S. SEC has greenlit key regulatory filings for eight ETFs from big names like VanEck, Fidelity, and BlackRock. However, they're not cleared for trading just yet. If approved, we could see a whopping $45 billion inflow in the first year! 💰

What's your take on this? Do you see Ether rallying over 60% in the coming months as some traders predict? Let's chat in the comments! #CryptoNews #EtherETFs

🚨Binance's money laundering trial in Nigeria, originally set for Thursday, has been postponed to June 20 due to the serious illness of Tigran Gambaryan, Binance’s compliance head. Gambaryan, who recently turned 40 in prison, is "very ill and requires comprehensive medical attention," according to his lawyer.

The executive, who was detained by Nigerian authorities in February, was moved to Kuje prison, notorious for its harsh conditions. Gambaryan was also meant to appear for his arraignment regarding tax evasion charges on Wednesday, but this was also postponed to June 14.

👀 With the trial delayed, what are your thoughts on this unfolding story? Let's discuss below! #Binance #BlockchainNews #CryptoTrial

🐶💔 Kabosu, the beloved dog face of Dogecoin and several other meme tokens, has crossed the rainbow bridge. Aged 17, Kabosu's viral meme picture sparked the creation of Dogecoin in 2013, initially as a joke currency.

But who's laughing now? Dogecoin's success later inspired a litter of dog-themed tokens like Shiba Inu and Floki, which have collectively become one of the industry's biggest sectors.

A farewell party for Kabo-chan is scheduled for May 26th. We're sure the crypto community will be sending virtual flowers and doge treats.

What's your favorite memory of Kabosu? Share below! #RIPKabosu #Dogecoin #CryptoCommunity 🌈🦴

🔥Crypto markets were on a rollercoaster ride yesterday!🎢 ETH tumbled to $3,500, then surged to nearly $3,900, settling above $3,800 after the U.S. regulatory decision to list spot-based ether ETFs. BTC saw similar wild swings, but ETH outperformed, advancing 1.5% over the past 24 hours.

Meanwhile, liquidations soared to over $350 million, the most since May 1, with long positions betting on rising prices taking the biggest hit. ETH traders suffered the most, with $132 million of liquidations.

What a day! What's your take on these market movements? Did you ride the wave or get caught in the storm? Let's discuss! #CryptoNews #ETH #BTC