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🚨#Crypto tycoon Sam Bankman-Fried's lawyers seek permission to question FTX co-founder Gary Wang about his reliance on legal advice for loans from linked hedge fund Alameda Research.💼 🔍Prosecutors probed Wang on $200-300M loans used for venture investments & a Bahamas house.🏠 👨‍⚖️Judge previously reluctant to let Bankman-Fried blame alleged fraud on lawyers. Will this change the game?🤔 Share your thoughts below!👇 🔗Read more: [CoinDesk link]

🚨#Crypto tycoon Sam Bankman-Fried's lawyers seek permission to question FTX co-founder Gary Wang about his reliance on legal advice for loans from linked hedge fund Alameda Research.💼

🔍Prosecutors probed Wang on $200-300M loans used for venture investments & a Bahamas house.🏠

👨‍⚖️Judge previously reluctant to let Bankman-Fried blame alleged fraud on lawyers. Will this change the game?🤔 Share your thoughts below!👇

🔗Read more: [CoinDesk link]

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🔥Hot off the press! U.S. Judge approves a whopping $4.5 billion settlement between SEC, Terraform Labs, and former CEO, Do Kwon. This comes with a ban on trading "crypto asset securities" including Terra ecosystem tokens. 💼 The settlement is a bit of a rollercoaster ride, falling short of SEC's initial $5.3 billion demand but far exceeding Terraform's proposed $1 million. 🎢 Kwon, currently in custody in Montenegro, was MIA at the trial. Meanwhile, Terraform Labs, now under Chapter 11 bankruptcy protection, has around $150 million in assets. 💰 What do you think about this outcome? Is it a fair deal or a harsh blow to the crypto industry? Let's chat in the comments! 💬 #BlockchainNews #CryptoUpdate
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🔥Hot off the press! The Holograph protocol's native token, HLG, took a 60% nosedive after a sneaky exploit allowed a hacker to mint a whopping 1 billion HLG tokens. 📉 The culprit? On-chain data points fingers at the ENS wallet acc01ade.eth. Interestingly, a Github page lists an individual with the same handle as a contributor to HLG. Coincidence or inside job? 🕵️‍♂️ The Holograph team is on it though! They've patched the exploit, are working with exchange partners to lock the malicious accounts, and have launched an investigation. They're even contacting law enforcement. 🚔 The exploit's aftermath? The hacker made off with 1 billion HLG, worth a cool $6.7 million at current market prices. Ouch! What are your thoughts on this? Is it a wake-up call for better security measures in the blockchain space? Let's discuss! 💬
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🎉Consensus 2024 was a game-changer for financial advisors and crypto integration!💼 Around 120 advisors gathered to learn about digital assets, network, and engage with industry leaders. The focus? Practical application of crypto in financial practices, not just tech jargon.👩‍💼👨‍💼 Education was a key theme, with advisors needing to understand strategic allocation, investment theses, and regulatory compliance. And let's not forget about educating investors!🎓 Investment options were explored, from direct ownership to ETFs and public companies like MicroStrategy. Advisors generally allocate 2-5% of a portfolio to crypto, categorizing it as an Alternative Investment.📈 Regulation and compliance were hot topics, with CFTC Commissioner Summer Mersinger outlining the CFTC's perspective on crypto regulation.🏛️ Consensus 2024 highlighted the growing integration of crypto in financial advisory practices. Advisors, are you ready to guide your clients through this dynamic asset class?💪 #Consensus2024 #CryptoForAdvisors
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📣Crypto market update! Ether's price bounced after SEC Chairman Gensler's testimony hinting at full approvals for spot ether ETFs by summer's end. But alas, it was a fleeting rally, with ETH down 5% at $3,440. Bitcoin also felt the chill, trading near a week's low at $66,300.📉 The Fed's hawkish stance, holding the benchmark fed funds rate steady while projecting a single 25 basis point rate cut in 2024, sent markets south. U.S. economic data didn't help, with both inflation and the economy showing signs of softening. But hey, let's not lose heart! Analyst Skew suggests $66K is the new equilibrium. And despite the current pullback, there's plenty of bullish news around: improving inflation data, a Bitcoin-friendly presidential frontrunner, and spot ETH ETF approvals. What's your take on the market's direction? Comment below! #CryptoNews #ETH #BTC
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🔥Hot off the press! Social influencer Andrew Tate's DADDY meme tokens are making waves in the crypto world! 🌊 Wallet tracking service Bubblemaps alleges holders are sitting on a cool $45M in unrealized value. Tate's own wallet holds a whopping $65M worth of tokens at current prices, but hasn't sold a single one since issuance on June 9. Meanwhile, some savvy wallets snapped up 30% of the token’s supply before it hit the mainstream. Here's the kicker: two other clusters hold another 10% of the token’s supply, worth $30M at current prices. But with just over $2.4M in available liquidity, these positions can't be fully realized yet. DADDY is the latest celeb-backed token to join the meme coin party. Unlike previous celeb tokens, these are actively issued, backed, and promoted by the stars themselves. This is Tate's first foray into crypto and it's been a wild ride! The token hit a $240M market cap just three days after launch, with prices up 55% in the past 24 hours. What's your take on celeb-backed tokens? Are they here to stay or just a passing fad? Share your thoughts below! 👇 #CryptoNews #DADDYToken
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Τελευταία νέα

Holograph Protocol's Native Token Plummets Following Exploit
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Final Approval of Individual Issuers Underway, Says Gensler
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Zapper Announces Launch of ZAP Token and Supported Protocol in Q4
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US Congressman Proposes Bill to End Federal Reserve After Reading 'The Bitcoin Standard'
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Cryptocurrency Market Faces Pressure Amid US Trading Hours
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