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Two Men Charged with Operating Darknet Marketplace Empire Market and Processing $430 Million in TranTwo men, Thomas Pavey and Raheim Hamilton, have been charged by federal prosecutors in Illinois for owning and operating a darknet marketplace called Empire Market. The site allowed users to anonymously purchase illegal goods and services using cryptocurrency, and processed $430 million in transactions from 2018 to 2020. Pavey and Hamilton were already in custody for separate charges related to counterfeit currency on another darknet market, AlphaBay. The new charges against them include drug trafficking, computer fraud, access device fraud, counterfeiting, and money laundering, with a maximum sentence of life in prison. $75 million in cryptocurrency, as well as cash and precious metals, were seized during the investigation. #crypto2023A

Two Men Charged with Operating Darknet Marketplace Empire Market and Processing $430 Million in Tran

Two men, Thomas Pavey and Raheim Hamilton, have been charged by federal prosecutors in Illinois for owning and operating a darknet marketplace called Empire Market. The site allowed users to anonymously purchase illegal goods and services using cryptocurrency, and processed $430 million in transactions from 2018 to 2020. Pavey and Hamilton were already in custody for separate charges related to counterfeit currency on another darknet market, AlphaBay. The new charges against them include drug trafficking, computer fraud, access device fraud, counterfeiting, and money laundering, with a maximum sentence of life in prison. $75 million in cryptocurrency, as well as cash and precious metals, were seized during the investigation.
#crypto2023A
The total number of Ordinals inscriptions minted exceeds 67.23 millionAccording to Dune data, the cumulative fee revenue generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,855.1280 BTC, equivalent to 458,745,868 US dollars. The total amount of inscriptions cast currently stands at 67,237,853. #Bitcoin❗

The total number of Ordinals inscriptions minted exceeds 67.23 million

According to Dune data, the cumulative fee revenue generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,855.1280 BTC, equivalent to 458,745,868 US dollars. The total amount of inscriptions cast currently stands at 67,237,853.
#Bitcoin❗
Jupiter's cumulative transaction volume exceeds US$210 billionJupiter Station data shows that Jupiter's cumulative transaction volume has exceeded 210 billion US dollars, currently exceeding 212.4 billion US dollars. #PEPE市值超越LTC

Jupiter's cumulative transaction volume exceeds US$210 billion

Jupiter Station data shows that Jupiter's cumulative transaction volume has exceeded 210 billion US dollars, currently exceeding 212.4 billion US dollars.
#PEPE市值超越LTC
Slerf: The next round of refunds will be carried out in the next few days, with only 105 wallets lefSlerf announced in a post on X that the next round of refunds will be conducted in the next few days. The current situation is as follows: 40,901 SOL has been raised (target is 53,800 SOL);- Wallets of 105 participants will be refunded;- Less than 1% of the total number of initial participants. #ETH🔥🔥🔥🔥

Slerf: The next round of refunds will be carried out in the next few days, with only 105 wallets lef

Slerf announced in a post on X that the next round of refunds will be conducted in the next few days. The current situation is as follows:
40,901 SOL has been raised (target is 53,800 SOL);- Wallets of 105 participants will be refunded;- Less than 1% of the total number of initial participants. #ETH🔥🔥🔥🔥
Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoptionMichael Egorov, the founder of Curve, stated through a representative on Telegram on Friday that a vulnerability in UwU Lend caused a series of events that led to Curve's massive liquidation on Thursday. Egorov used Curve's CRV token as collateral to obtain a $100 million loan from various protocols, which began automatic liquidation on Thursday, causing the token to drop 30%, then briefly recover.Egorov said, "On April 15, UwU Lend deployed vulnerable code for the sUSDe market, which is not isolated, so the entire platform bears the risk. UwU was hacked, and as part of the cash-out operation, the hacker deposited the stolen CRV from UwU into lending.curve.fi (Llama Lend), then disappeared with the funds, leaving the debt in the system."Egorov estimates that the bad debt in the specific CRV lending pool is $10 million (already repaid 93%). Although this market is completely isolated from other lending pools, as long as the bad debt exists, CRV depositors cannot withdraw their funds. However, Egorov said that this situation may help strengthen Curve's security measures and lending mechanisms, and may provide better services to users in the coming months. #BTC☀

Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoption

Michael Egorov, the founder of Curve, stated through a representative on Telegram on Friday that a vulnerability in UwU Lend caused a series of events that led to Curve's massive liquidation on Thursday. Egorov used Curve's CRV token as collateral to obtain a $100 million loan from various protocols, which began automatic liquidation on Thursday, causing the token to drop 30%, then briefly recover.Egorov said, "On April 15, UwU Lend deployed vulnerable code for the sUSDe market, which is not isolated, so the entire platform bears the risk. UwU was hacked, and as part of the cash-out operation, the hacker deposited the stolen CRV from UwU into lending.curve.fi (Llama Lend), then disappeared with the funds, leaving the debt in the system."Egorov estimates that the bad debt in the specific CRV lending pool is $10 million (already repaid 93%). Although this market is completely isolated from other lending pools, as long as the bad debt exists, CRV depositors cannot withdraw their funds. However, Egorov said that this situation may help strengthen Curve's security measures and lending mechanisms, and may provide better services to users in the coming months.
#BTC☀
American rapper Lil Pump got "SOLANA" tattooed on his foreheadAmerican rapper Lil Pump shared a photo of his new "SOLANA" tattoo on X platform and wrote, "I sold my Sol. When Binance?" Additionally, Lil Pump also shared an image of his support for Trump. OKX market data shows that SOL has rebounded slightly to above 144 USDT after yesterday's decline, and the 24-hour decline has narrowed to 2.38%. #BinanceRiskSniper

American rapper Lil Pump got "SOLANA" tattooed on his forehead

American rapper Lil Pump shared a photo of his new "SOLANA" tattoo on X platform and wrote, "I sold my Sol. When Binance?" Additionally, Lil Pump also shared an image of his support for Trump. OKX market data shows that SOL has rebounded slightly to above 144 USDT after yesterday's decline, and the 24-hour decline has narrowed to 2.38%.
#BinanceRiskSniper
Magic Eden: Will support MOTHER payment soonNFT market Magic Eden announced on X that, based on community suggestions, the platform will integrate MOTHER payments. The related services will be supported by NFT wallet-as-a-service infrastructure Crossmint and will be launched soon. #SEC败诉

Magic Eden: Will support MOTHER payment soon

NFT market Magic Eden announced on X that, based on community suggestions, the platform will integrate MOTHER payments. The related services will be supported by NFT wallet-as-a-service infrastructure Crossmint and will be launched soon.
#SEC败诉
Holograph: At least 200 million of the 1 billion HLG minted by a former contractor using a vulnerabiHolograph Protocol, a full-chain NFT protocol, released a vulnerability update. A former contractor exploited the vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily blocked. The malicious actor has been frozen out of accounts on multiple exchanges, and at least 200 million of the extra 1 billion HLG tokens have been frozen. At the same time, exchanges have temporarily halted all HLG token access and trading. Third-party audits will be conducted, and multi-chain tokenization infrastructure and applications will continue to be developed. #Bitcoin❗

Holograph: At least 200 million of the 1 billion HLG minted by a former contractor using a vulnerabi

Holograph Protocol, a full-chain NFT protocol, released a vulnerability update. A former contractor exploited the vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily blocked. The malicious actor has been frozen out of accounts on multiple exchanges, and at least 200 million of the extra 1 billion HLG tokens have been frozen. At the same time, exchanges have temporarily halted all HLG token access and trading. Third-party audits will be conducted, and multi-chain tokenization infrastructure and applications will continue to be developed.
#Bitcoin❗
Bernstein raises BTC price target by 33% to $200,000 by the end of 2025According to investment research institution Bernstein, the target price of BTC at the end of 2025 has been raised by 33%, from $150,000 to $200,000, due to strong demand for Bitcoin ETFs. #zachxbt

Bernstein raises BTC price target by 33% to $200,000 by the end of 2025

According to investment research institution Bernstein, the target price of BTC at the end of 2025 has been raised by 33%, from $150,000 to $200,000, due to strong demand for Bitcoin ETFs.
#zachxbt
El Salvador’s President Proposes Private Investment Bank for Bitcoin InvestorsSalvadoran President Nayib Bukele proposed the establishment of a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions compared to traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14th, "As part of the Salvadoran economic plan, we propose the establishment of a private investment bank (BPI), which can provide potential investors with diversified financing options in U.S. dollars and Bitcoin." Max Keiser, Bukele's senior Bitcoin advisor, added on the same day, "President Bukele has launched new legislation to establish a Bitcoin bank during his new term." Cathie Wood, CEO of Ark Invest, predicts that Salvador's real GDP "could increase tenfold in the next five years," and implementing the above policy will make this goal "more achievable." #BinancePizzaDay

El Salvador’s President Proposes Private Investment Bank for Bitcoin Investors

Salvadoran President Nayib Bukele proposed the establishment of a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions compared to traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14th, "As part of the Salvadoran economic plan, we propose the establishment of a private investment bank (BPI), which can provide potential investors with diversified financing options in U.S. dollars and Bitcoin." Max Keiser, Bukele's senior Bitcoin advisor, added on the same day, "President Bukele has launched new legislation to establish a Bitcoin bank during his new term." Cathie Wood, CEO of Ark Invest, predicts that Salvador's real GDP "could increase tenfold in the next five years," and implementing the above policy will make this goal "more achievable."
#BinancePizzaDay
Gemini to Pay $50 Million to Gemini Earn Investors, Reaches Settlement with New York Attorney GeneraAccording to Bloomberg, cryptocurrency exchange Gemini has reached a settlement with the New York Attorney General's Office over a fraud lawsuit, agreeing to pay $50 million worth of digital assets to Gemini Earn investors. As part of the settlement agreement, Gemini Earn is also prohibited from operating in the state. Gemini said in a statement on Friday that the final distribution of proceeds will arrive in customer accounts within seven days.Previously, New York Attorney General Letitia James sued Gemini in October last year, accusing the platform of misleading investors in the Gemini Earn project, resulting in losses of over $1 billion. #BNB金鏟子

Gemini to Pay $50 Million to Gemini Earn Investors, Reaches Settlement with New York Attorney Genera

According to Bloomberg, cryptocurrency exchange Gemini has reached a settlement with the New York Attorney General's Office over a fraud lawsuit, agreeing to pay $50 million worth of digital assets to Gemini Earn investors. As part of the settlement agreement, Gemini Earn is also prohibited from operating in the state. Gemini said in a statement on Friday that the final distribution of proceeds will arrive in customer accounts within seven days.Previously, New York Attorney General Letitia James sued Gemini in October last year, accusing the platform of misleading investors in the Gemini Earn project, resulting in losses of over $1 billion.
#BNB金鏟子
Data: Grayscale transferred 700 BTC to a new address, equivalent to approximately US$46.94 millionAccording to Arkham monitoring, a grayscale address transferred 700 BTC (worth about $46.94 million) to a new address about 12 minutes ago. #SEC败诉

Data: Grayscale transferred 700 BTC to a new address, equivalent to approximately US$46.94 million

According to Arkham monitoring, a grayscale address transferred 700 BTC (worth about $46.94 million) to a new address about 12 minutes ago.
#SEC败诉
Euro Stablecoins Gain Popularity as EU Regulations Tighten, Challenging USD Dominance in Crypto MarkEuro-backed stablecoins are becoming increasingly popular among cryptocurrency traders in Europe and worldwide, potentially challenging the dominance of USD stablecoins in the market. The weekly volume of Euro-backed stablecoins has consistently exceeded $40 million since March, with demand picking up in European markets despite traditionally lagging behind the US and APAC regions. The impending Markets in Crypto Assets (MiCA) regulation in Europe is set to shake up the stablecoin market, with Binance planning to restrict stablecoins that don't meet MiCA standards and Kraken reviewing compliance with EU standards. The rise of compliant EUR stablecoin issuers may give them an advantage over those operating without the necessary e-money licenses. #BTC☀

Euro Stablecoins Gain Popularity as EU Regulations Tighten, Challenging USD Dominance in Crypto Mark

Euro-backed stablecoins are becoming increasingly popular among cryptocurrency traders in Europe and worldwide, potentially challenging the dominance of USD stablecoins in the market. The weekly volume of Euro-backed stablecoins has consistently exceeded $40 million since March, with demand picking up in European markets despite traditionally lagging behind the US and APAC regions. The impending Markets in Crypto Assets (MiCA) regulation in Europe is set to shake up the stablecoin market, with Binance planning to restrict stablecoins that don't meet MiCA standards and Kraken reviewing compliance with EU standards. The rise of compliant EUR stablecoin issuers may give them an advantage over those operating without the necessary e-money licenses.
#BTC☀
Polygon launches governance center, which will become a unified community decision-making centerAccording to official sources, Polygon has launched a Governance Hub, a unified and transparent community governance interface. Polygon Gov Hub is built by Aragon and will be a complete governance solution and user interface for the community. The initial version of the Governance Hub will focus on two of the three pillars of Polygon governance - protocol governance and System Smart Contract (SSC) governance. Builders and community members can propose Polygon Improvement Proposals (PIPs) for upgrades to both protocol and SSC governance. For SSC governance, the Protocol Committee will release transparent reports after PIPs are put on the chain. Token holders can vote on the actions of the Protocol Committee or delegate their vote to community representatives who represent their interests, as long as they have staked tokens. #BTC☀

Polygon launches governance center, which will become a unified community decision-making center

According to official sources, Polygon has launched a Governance Hub, a unified and transparent community governance interface. Polygon Gov Hub is built by Aragon and will be a complete governance solution and user interface for the community. The initial version of the Governance Hub will focus on two of the three pillars of Polygon governance - protocol governance and System Smart Contract (SSC) governance. Builders and community members can propose Polygon Improvement Proposals (PIPs) for upgrades to both protocol and SSC governance. For SSC governance, the Protocol Committee will release transparent reports after PIPs are put on the chain. Token holders can vote on the actions of the Protocol Committee or delegate their vote to community representatives who represent their interests, as long as they have staked tokens.
#BTC☀
Ethereum Meme Coin MAGAA Team Airdrops 10 Million Tokens for Trump’s BirthdayFormer President Donald Trump will celebrate his 78th birthday. On Thursday, the team behind the Ethereum token MAGAA announced that they will send 10 million tokens to his ERC-20 wallet, worth approximately $15.3 million in cryptocurrency assets. #BinancePizzaDay

Ethereum Meme Coin MAGAA Team Airdrops 10 Million Tokens for Trump’s Birthday

Former President Donald Trump will celebrate his 78th birthday. On Thursday, the team behind the Ethereum token MAGAA announced that they will send 10 million tokens to his ERC-20 wallet, worth approximately $15.3 million in cryptocurrency assets.
#BinancePizzaDay
An unknown wallet minted 300 million USDC on the Algorand chainAccording to Whale Alert monitoring, at around 22:05 Beijing time today, an unknown wallet starting with OSS3CE minted 300 million USDC on the Algorand chain. #feedfeverchallenge

An unknown wallet minted 300 million USDC on the Algorand chain

According to Whale Alert monitoring, at around 22:05 Beijing time today, an unknown wallet starting with OSS3CE minted 300 million USDC on the Algorand chain.
#feedfeverchallenge
SEC Commissioner Mark Uyeda touts the virtues of tokenization at conferenceAccording to Forbes reporter Eleanor Terrett, SEC Commissioner Mark Uyeda touted the benefits of tokenization during a global securities regulatory conference: "Tokenization can provide higher levels of security, transparency, and immutability for transactions. It may also eliminate the need for most intermediaries, simplify processes, and reduce transaction costs." #BinancePizzaDay

SEC Commissioner Mark Uyeda touts the virtues of tokenization at conference

According to Forbes reporter Eleanor Terrett, SEC Commissioner Mark Uyeda touted the benefits of tokenization during a global securities regulatory conference: "Tokenization can provide higher levels of security, transparency, and immutability for transactions. It may also eliminate the need for most intermediaries, simplify processes, and reduce transaction costs."
#BinancePizzaDay
Kadena Collaborates with Lurk Lab to Build ZK Bridge레스토랑 기술 회사인 Blackbird Labs는 Andreessen Horowitz가 주도하고 QED, Union Square Ventures, Shine, Variant 및 기타 기업과 Quality와 같은 레스토랑 그룹이 참여하여 총 2,400만 달러의 시리즈 A 자금 조달을 완료했습니다. 브랜드, Rustic Canyon Group, Soulva 및 Brooks Reitz. Blackbird Labs의 플랫폼은 레스토랑이 고객과의 연결을 유지하고 고객이 더 자주 외식하도록 유도하여 새로운 수익원을 창출하거나 충성도 높은 고객을 육성할 수 있도록 지원합니다. 이 플랫폼은 80개 레스토랑에 가입했으며 그 중 22개는 Blackbird를 사용하고 있습니다. 블랙버드는 앞으로 고객이 친구를 특정 레스토랑의 회원으로 초대해 특별한 요리를 즐길 수 있는 추천 프로그램도 선보일 계획이다. #BinancePizzaDay

Kadena Collaborates with Lurk Lab to Build ZK Bridge

레스토랑 기술 회사인 Blackbird Labs는 Andreessen Horowitz가 주도하고 QED, Union Square Ventures, Shine, Variant 및 기타 기업과 Quality와 같은 레스토랑 그룹이 참여하여 총 2,400만 달러의 시리즈 A 자금 조달을 완료했습니다. 브랜드, Rustic Canyon Group, Soulva 및 Brooks Reitz.
Blackbird Labs의 플랫폼은 레스토랑이 고객과의 연결을 유지하고 고객이 더 자주 외식하도록 유도하여 새로운 수익원을 창출하거나 충성도 높은 고객을 육성할 수 있도록 지원합니다. 이 플랫폼은 80개 레스토랑에 가입했으며 그 중 22개는 Blackbird를 사용하고 있습니다. 블랙버드는 앞으로 고객이 친구를 특정 레스토랑의 회원으로 초대해 특별한 요리를 즐길 수 있는 추천 프로그램도 선보일 계획이다.
#BinancePizzaDay
Source: Farcaster is expected to launch a tokenFarcaster announced last month that it has raised $150 million, led by Paradigm, with a valuation of $1 billion. This is the largest investment in Web3 social media to date. One explanation for why the valuation is so high is that cryptocurrency venture capital firms are involved. "If venture capital still has LP capital to invest, they 'invested $150 million' instead of returning it, which means they can charge themselves an additional $20-30 million in management fees," wrote cryptocurrency investor Liron Shapira. A source who requested anonymity due to business constraints said that, like most protocols, they expect Farcaster to launch tokens, and investors will be eager to capture their fully diluted value. #zachxbt

Source: Farcaster is expected to launch a token

Farcaster announced last month that it has raised $150 million, led by Paradigm, with a valuation of $1 billion. This is the largest investment in Web3 social media to date. One explanation for why the valuation is so high is that cryptocurrency venture capital firms are involved. "If venture capital still has LP capital to invest, they 'invested $150 million' instead of returning it, which means they can charge themselves an additional $20-30 million in management fees," wrote cryptocurrency investor Liron Shapira. A source who requested anonymity due to business constraints said that, like most protocols, they expect Farcaster to launch tokens, and investors will be eager to capture their fully diluted value.
#zachxbt
9 US Bitcoin spot ETFs reduced their holdings by 2,297 BTC todayAccording to Lookonchain monitoring, 9 US Bitcoin spot ETFs reduced their holdings by 2297 BTC today, including: Fidelity reduced 1596 BTC (-106.3 million USD) and currently holds 172,753 BTC (11.5 billion USD). Grayscale reduced 12 BTC (-770,000 USD) and currently holds 282,148 BTC (18.8 billion USD). #Bitcoin❗

9 US Bitcoin spot ETFs reduced their holdings by 2,297 BTC today

According to Lookonchain monitoring, 9 US Bitcoin spot ETFs reduced their holdings by 2297 BTC today, including: Fidelity reduced 1596 BTC (-106.3 million USD) and currently holds 172,753 BTC (11.5 billion USD). Grayscale reduced 12 BTC (-770,000 USD) and currently holds 282,148 BTC (18.8 billion USD).
#Bitcoin❗
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